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TARGET K

Operated by DIAMONDBACK E&P LLC (P-5 217012) in the SPRABERRY (TREND AREA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 51293District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$20.5 M
Mar 2018 – May 2026
Value, last 12 filed months
$755 k
at the published price for each month
Months reported
99
no gaps in the span
Streams
2
oil, casinghead gas

The SPRABERRY (TREND AREA) field

The Railroad Commission's own record for the field this lease produces from, including the spacing rule that governs how close together its wells may be drilled.

These are facts about the field, not about this lease. The field holds 16,587 leases and 43,997 wells, and the rule below applies to all of them.

Discovered
1952-12-22
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 2018-02-13.

The Commission's schedule remark for this field reads: “SPRABERRY (TREND AREA) FIELD EFFECTIVE 10/1/2019.”

What this lease produced, and what it was worth

Oil and condensate are valued on the volume the state records as disposed of; gas and casinghead gas on the volume produced. They are different columns of different files, and the difference is not cosmetic.

StreamBasisVolumeValue
OilDisposition248,798 bbl$14,846,118
Casinghead gasProduction1,641,801 Mcf$5,663,631
Total$20,509,749

Wells on this lease (1)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 31.8266, -101.7209. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.82658, -101.72087 · centre of the wells drawn, derived

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
8,515 ft
1 wells filed one
Completion to plug
—
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
1100.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

The one well that filed a depth was drilled to 8,515 ft.

Completions filed
Mar 2018
1 of 1 wells

1 well

42-173376113906WA8,515 ftMar 2018——

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (99)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

99 months

May 20262259,863106.413.05$53,983
Apr 20262909,75198.932.87$56,672
Mar 202624811,24289.753.15$57,664
Feb 20262966,12263.503.75$41,755
Jan 202637610,43759.138.00$105,707
Dec 202523315,62556.664.41$82,161
Nov 202521612,63658.593.93$62,270
Oct 202529013,02359.383.30$60,259
Sep 202521313,13062.743.08$53,764
Aug 202525111,81163.933.01$51,654
Jul 202530615,63366.743.32$72,249
Jun 202526412,51066.483.13$56,691
May 202531725,53860.553.23$101,741
Apr 202529017,25862.363.54$79,232
Mar 202531313,90467.704.27$80,537
Feb 202534314,58670.884.34$87,627
Jan 202538513,13974.324.28$84,831
Dec 202425511,99668.993.12$55,036
Nov 202451611,92269.052.20$61,840
Oct 202455012,18671.372.28$67,055
Sep 202454312,72369.612.36$67,880
Aug 202445114,32475.632.06$63,669
Jul 202440915,80179.932.15$66,610
Jun 202445517,75678.082.63$82,295
May 202459016,14778.812.20$81,996
Apr 20244998,06384.451.66$55,519
Mar 20243806,31080.301.55$40,264
Feb 202457211,65976.091.78$64,319
Jan 202453011,46873.023.30$76,518
Dec 202357812,45371.262.61$73,700
Nov 202346710,95377.892.81$67,126
Oct 202361211,88385.443.09$88,975
Sep 202324812,57789.042.74$56,481
Aug 202339115,26680.522.67$72,288
Jul 202359417,49374.852.64$90,674
Jun 202350414,71868.962.26$67,996
May 202359814,29970.622.23$74,080
Apr 202378613,72078.122.24$92,104
Mar 202357012,54772.852.39$71,551
Feb 202345511,39175.112.47$62,262
Jan 202357414,27676.533.39$92,291
Dec 202279314,32476.415.73$142,656
Nov 202272413,53085.005.65$137,933
Oct 202277713,56787.185.86$147,292
Sep 202290914,18084.888.16$192,917
Aug 202286714,17394.529.13$211,308
Jul 202287413,478101.587.54$190,433
Jun 202290017,607115.097.98$244,036
May 202293317,564109.378.43$250,160
Apr 20221,01513,396104.226.84$197,380
Mar 202292815,263108.885.08$178,522
Feb 202283115,10891.054.86$149,070
Jan 202296918,77981.844.54$164,516
Dec 202197117,54471.323.90$137,658
Nov 20211,11018,94677.435.24$185,165
Oct 20211,06919,05379.795.71$194,162
Sep 20211,09218,22969.865.35$173,829
Aug 20211,22319,61166.024.22$163,512
Jul 20211,40722,40470.783.98$188,802
Jun 202198521,08269.493.38$139,718
May 20211,11823,92563.483.02$143,168
Apr 20211,56623,17360.362.76$158,445
Mar 20211,72823,61761.302.72$170,092
Feb 20211,08415,95457.805.55$151,167
Jan 20211,83423,19450.412.81$157,633
Dec 20201,61427,42344.642.68$145,418
Nov 20202,39723,95538.772.71$157,768
Oct 20202,76323,87036.972.48$161,308
Sep 20202,00918,83037.091.99$112,005
Aug 20205127,55139.982.39$38,480
Jul 20202,13229,79438.371.83$136,182
Jun 20201,73822,93434.901.69$99,422
May 20202,49524,76516.921.81$87,158
Apr 20202,86427,10214.751.80$91,146
Mar 20203,73825,47130.341.86$160,691
Feb 20201,9729,34349.881.98$116,869
Jan 20202,2077,53157.252.09$142,126
Dec 20192,09910,19959.012.30$147,364
Nov 20191,7423,62155.302.75$106,293
Oct 20198021,76453.472.42$47,149
Sep 201914748555.052.66$9,381
Aug 20192,68012,30753.112.30$170,695
Jul 20193,59414,80856.272.46$238,663
Jun 20194,15015,68352.782.49$258,106
May 20192,97210,49558.482.74$202,562
Apr 20193,71015,10062.632.75$273,893
Mar 20195,22423,18656.803.06$367,721
Feb 20195,32423,75750.852.79$337,060
Jan 20197,38632,52546.033.23$444,974
Dec 20188,73836,25446.594.19$558,842
Nov 201810,74040,34152.934.24$739,403
Oct 201814,23537,60961.443.40$1,002,397
Sep 20183,9954,92759.543.11$253,175
Aug 20189,38817,18959.403.07$610,358
Jul 201811,83119,45465.142.93$827,708
Jun 201815,30926,13460.183.08$1,001,708
May 201822,15435,18465.382.90$1,550,490
Apr 201826,63930,60063.842.90$1,789,398
Mar 201816,80815,77061.222.79$1,072,934

How to read this page

The arithmetic is one multiplication per stream per month. Here it is, worked, on a real row from the table above.

May 2026 — as filed, then multipliedworked
Oil                  225 bbl  × $106.41 =    $23,942
Casinghead gas     9,863 Mcf  × $  3.05 =    $30,041

────────────────────────────────────────────────────
Month total                                  $53,983

The volumes are the state's, unchanged

Every barrel and every Mcf on this page is a number the Railroad Commission of Texas published in its monthly production query. Nothing is modelled, estimated or filled in.

The dollars are a multiplication, not a valuation

Volume × a published monthly price. It is not what the operator was paid: it takes no account of a contract, a differential, a transportation deduction, or the share any one owner holds.

Oil and gas are priced differently

Oil is a Texas realisation — the crude oil first purchase price. Gas is a benchmark, because no free Texas wellhead gas series exists at any date. The prices page publishes the difference rather than correcting it away.

A lease is not a well

The state reports oil on lease and gas on well, and this page is the lease grain. 08/O/51293 is the state's own key, not one this site invented.