KOONCE NORTH 39-34 UNIT 1

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 51317District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$126.3 M
Nov 2018 – May 2026
Value, last 12 filed months
$7.3 M
at the published price for each month
Months reported
91
no gaps in the span
Streams
2
oil, casinghead gas

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
OilDisposition1,636,744 bbl$114,744,188
Casinghead gasProduction3,156,227 Mcf$11,559,791
Total$126,303,979

Wells on this lease (4)

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 31.9831, -101.7611. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

31.98295, -101.76172 · 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
25.0%
1 of 4 wells
With a plug date
0.0%
0 of 4 wells
Median depth
8,081 ft
4 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
125.0%
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.
375.0%

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

Between 8,028 and 8,793 ft, median 8,081 ft, over the 4 wells that filed a depth.

Completions filed
Nov 2018 – Sep 2021
4 of 4 wells

4 wells

42-173384621318,077 ftSep 2021
42-173384631438,084 ftSep 2021
42-173378872138,793 ftNov 2018Yes
42-173378861128,028 ftNov 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 (91)

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

91 months

May 20266,21855,789106.413.05$831,582
Apr 20265,67247,30098.932.87$696,869
Mar 20265,77649,26389.753.15$673,547
Feb 20265,49246,72663.503.75$523,979
Jan 20266,11742,81259.138.00$704,105
Dec 20254,92744,31856.664.41$474,755
Nov 20257,01851,79958.593.93$614,570
Oct 20256,35441,58059.383.30$514,716
Sep 20255,78545,11762.743.08$501,772
Aug 20256,39645,30463.933.01$545,477
Jul 20256,53553,91366.743.32$614,878
Jun 20256,40848,27866.483.13$577,052
May 20257,36456,74660.553.23$629,311
Apr 20257,66555,80462.363.54$675,710
Mar 20258,34654,56267.704.27$797,912
Feb 20258,03354,11570.884.34$804,284
Jan 20259,00957,90374.324.28$917,297
Dec 20249,04552,93868.993.12$789,254
Nov 20249,27551,77369.052.20$754,259
Oct 20249,95946,45071.372.28$816,745
Sep 20245,41926,49569.612.36$439,860
Aug 20249,53645,67875.632.06$815,470
Jul 20249,93841,92879.932.15$884,347
Jun 20245,55622,02678.082.63$491,829
May 202410,46150,93678.812.20$936,411
Apr 202410,75547,27384.451.66$986,695
Mar 202411,79347,59080.301.55$1,020,511
Feb 202411,81248,40276.091.78$985,107
Jan 202412,52948,78373.023.30$1,075,737
Dec 202312,95946,75271.262.61$1,045,515
Nov 202311,23937,84877.892.81$981,666
Oct 202313,57346,46485.443.09$1,303,125
Sep 202313,53744,74889.042.74$1,327,722
Aug 202315,02948,56780.522.67$1,339,949
Jul 202315,82848,17374.852.64$1,311,989
Jun 202319,21836,23368.962.26$1,407,105
May 202318,10747,65470.622.23$1,384,861
Apr 202317,92840,29478.122.24$1,490,704
Mar 202320,05344,66972.852.39$1,567,761
Feb 202318,70741,36275.112.47$1,507,068
Jan 202322,61038,23176.533.39$1,859,859
Dec 202224,38243,18376.415.73$2,110,427
Nov 202225,19340,11185.005.65$2,367,880
Oct 202230,18039,06787.185.86$2,860,172
Sep 202230,65232,64984.888.16$2,868,278
Aug 20227,77913,36894.529.13$857,283
Jul 202220,91737,770101.587.54$2,409,613
Jun 202233,31747,708115.097.98$4,215,030
May 202232,72737,974109.378.43$3,899,588
Apr 202233,36737,769104.226.84$3,735,758
Mar 202241,12545,558108.885.08$4,708,961
Feb 202235,45433,70491.054.86$3,391,849
Jan 202237,40837,41181.844.54$3,231,230
Dec 202164,91969,24171.323.90$4,900,002
Nov 202177,53990,08377.435.24$6,475,596
Oct 202182,09985,69679.795.71$7,040,335
Sep 202143,48443,15869.865.35$3,268,727
Aug 2021176066.024.22$11,620
Jul 20219,98312,50470.783.98$756,389
Jun 202112,45822,23569.493.38$940,875
May 202112,25923,11463.483.02$847,952
Apr 202112,07221,47060.362.76$787,889
Mar 202114,46921,87961.302.72$946,394
Feb 202110,55510,28057.805.55$667,112
Jan 202114,52218,93950.412.81$785,278
Dec 202015,54020,32244.642.68$748,076
Nov 202016,89621,26138.772.71$712,602
Oct 202019,76023,66836.972.48$789,187
Sep 202021,32020,21737.091.99$831,012
Aug 202021,67021,21839.982.39$916,974
Jul 202018,66117,99838.371.83$748,871
Jun 20209,8607,95034.901.69$357,552
May 202013,4228,63016.921.81$242,762
Apr 202018,90915,95114.751.80$307,689
Mar 202011,0817,56830.341.86$350,245
Feb 20202,9841,12049.881.98$151,060
Jan 202023,05021,39157.252.09$1,364,421
Dec 201921,58320,39259.012.30$1,320,603
Nov 20195,2305,16455.302.75$303,424
Oct 201918,60318,27253.472.42$1,038,894
Sep 201910,74911,39655.052.66$622,015
Aug 20199,08010,14053.112.30$505,605
Jul 201917,14813,59656.272.46$998,365
Jun 201923,97016,43352.782.49$1,306,074
May 201927,26017,58658.482.74$1,642,356
Apr 201928,71814,36962.632.75$1,838,133
Mar 201922,15712,60056.803.06$1,297,100
Feb 201930,02817,61350.852.79$1,576,103
Jan 201937,30418,89546.033.23$1,778,100
Dec 201840,56720,91746.594.19$1,977,563
Nov 201816,1774,09352.934.24$873,592

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                6,218 bbl  × $106.41 =   $661,657
Casinghead gas    55,789 Mcf  × $  3.05 =   $169,924

────────────────────────────────────────────────────
Month total                                 $831,582

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/51317 is the state's own key, not one this site invented.