TARGET R

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 51337District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$29.2 M
Apr 2018 – May 2026
Value, last 12 filed months
$1.1 M
at the published price for each month
Months reported
98
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
OilDisposition348,905 bbl$21,200,811
Casinghead gasProduction2,357,902 Mcf$7,976,535
Total$29,177,346

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 31.8275, -101.7163. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.82748, -101.71630 · 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
8,507 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 8,507 ft.

Completions filed
Apr 2018
1 of 1 wells

1 well

42-173376933904WA8,507 ftApr 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 (98)

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

98 months

May 202634910,039106.413.05$67,714
Apr 202653711,53598.932.87$86,228
Mar 202655415,69989.753.15$99,165
Feb 20267408,25763.503.75$77,956
Jan 202690312,12659.138.00$150,377
Dec 202564518,01756.664.41$116,061
Nov 202555320,68558.593.93$113,619
Oct 202560510,08159.383.30$69,241
Sep 202549111,20762.743.08$65,288
Aug 202560113,50763.933.01$79,142
Jul 20257589,09766.743.32$80,747
Jun 202566617,91066.483.13$100,311
May 202585817,81060.553.23$109,520
Apr 202573221,82562.363.54$122,976
Mar 202574518,63467.704.27$129,972
Feb 202595916,33670.884.34$138,886
Jan 20251,18416,13874.324.28$157,044
Dec 20241,14320,66068.993.12$143,343
Nov 202499218,86869.052.20$109,978
Oct 20241,25419,41571.372.28$133,791
Sep 20241,28120,59069.612.36$137,853
Aug 202437110,07075.632.06$48,839
Jul 202487614,04479.932.15$100,165
Jun 20241,19816,61078.082.63$137,290
May 20241,40020,22878.812.20$154,804
Apr 202496113,35984.451.66$103,322
Mar 202499315,56680.301.55$103,789
Feb 20241,13518,72276.091.78$119,755
Jan 202482910,39473.023.30$94,809
Dec 202391311,34171.262.61$94,669
Nov 20239207,27277.892.81$92,075
Oct 20231,61611,24085.443.09$172,772
Sep 20232,23918,93589.042.74$251,149
Aug 20231,78621,04980.522.67$200,070
Jul 20231,23216,85274.852.64$136,735
Jun 20231,16114,91168.962.26$113,739
May 20231,29815,92270.622.23$127,129
Apr 20231,23414,77578.122.24$129,463
Mar 20231,36114,31172.852.39$133,397
Feb 20231,29614,10875.112.47$132,128
Jan 20231,46017,44176.533.39$170,819
Dec 20221,45420,56476.415.73$228,913
Nov 20221,37224,60785.005.65$255,556
Oct 20221,64522,16087.185.86$273,352
Sep 20221,61718,83884.888.16$291,038
Aug 20221,58620,10094.529.13$333,365
Jul 20221,54220,903101.587.54$314,288
Jun 20221,48322,923115.097.98$353,540
May 20221,60027,257109.378.43$404,851
Apr 20221,22223,151104.226.84$285,654
Mar 20221,37828,963108.885.08$297,064
Feb 20221,36823,66691.054.86$239,546
Jan 20221,80727,18481.844.54$271,237
Dec 20211,68726,66771.323.90$224,295
Nov 20211,85526,56977.435.24$282,771
Oct 20211,95426,78479.795.71$308,950
Sep 20211,93626,90569.865.35$279,215
Aug 20211,29321,65666.024.22$176,765
Jul 20211,97830,08370.783.98$259,796
Jun 20211,96529,03469.493.38$234,701
May 20212,20829,71763.483.02$229,840
Apr 20212,21131,68760.362.76$220,862
Mar 20212,52931,43461.302.72$240,432
Feb 20211,50320,05657.805.55$198,143
Jan 20212,46532,17750.412.81$214,687
Dec 20202,74336,58544.642.68$220,329
Nov 20202,99037,34738.772.71$217,005
Oct 20202,82931,22836.972.48$181,985
Sep 20203,74829,82937.091.99$198,404
Aug 20202,15718,89439.982.39$131,301
Jul 20202,67323,26138.371.83$145,017
Jun 20202,60124,49534.901.69$132,179
May 20202,85926,10416.921.81$95,747
Apr 20202,58729,16514.751.80$90,783
Mar 20204,25346,74830.341.86$215,811
Feb 20204,97050,46449.881.98$347,856
Jan 20205,56345,89857.252.09$414,626
Dec 20194,57435,83559.012.30$352,488
Nov 20195,55530,35755.302.75$390,695
Oct 20195,94833,53953.472.42$399,155
Sep 20194,01327,00655.052.66$292,678
Aug 20195,01931,33053.112.30$338,755
Jul 20195,20339,09656.272.46$388,951
Jun 20198,04844,42752.782.49$535,450
May 20197,01629,02158.482.74$489,823
Apr 20198,35146,84862.632.75$651,888
Mar 201910,83247,39656.803.06$760,389
Feb 20195,34619,21350.852.79$325,491
Jan 20197,50227,71846.033.23$434,796
Dec 20188,31029,57146.594.19$510,931
Nov 20189,39030,73652.934.24$627,249
Oct 201811,24236,74361.443.40$815,564
Sep 201812,76235,24559.543.11$869,391
Aug 201815,90539,76259.403.07$1,066,690
Jul 201820,44941,76765.142.93$1,454,504
Jun 201828,05644,81060.183.08$1,826,287
May 201831,38337,14965.382.90$2,159,582
Apr 201811,54111,64463.842.90$770,554

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                  349 bbl  × $106.41 =    $37,137
Casinghead gas    10,039 Mcf  × $  3.05 =    $30,577

────────────────────────────────────────────────────
Month total                                  $67,714

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/51337 is the state's own key, not one this site invented.