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TARGET Q

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 51338District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$22.1 M
Apr 2018 – May 2026
Value, last 12 filed months
$956 k
at the published price for each month
Months reported
98
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
OilDisposition286,679 bbl$17,189,912
Casinghead gasProduction1,548,812 Mcf$4,944,855
Total$22,134,767

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 31.8279, -101.7143. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.82793, -101.71426 · 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
8,499 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 8,499 ft.

Completions filed
Apr 2018
1 of 1 wells

1 well

42-173376923903WA8,499 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 20263044,464106.413.05$45,945
Apr 20264267,15198.932.87$62,666
Mar 20264639,19689.753.15$70,517
Feb 202662410,00663.503.75$77,150
Jan 202676610,01759.138.00$125,409
Dec 202555116,22256.664.41$102,813
Nov 202549013,40658.593.93$81,347
Oct 202558314,01759.383.30$80,942
Sep 202545812,55562.743.08$67,366
Aug 202556614,31063.933.01$79,326
Jul 20257509,76466.743.32$82,425
Jun 202564711,70666.483.13$79,637
May 202577266960.553.23$48,907
Apr 202573563062.363.54$48,067
Mar 202566017,31067.704.27$118,567
Feb 202565714,97270.884.34$111,559
Jan 202571310,97974.324.28$99,966
Dec 202494912,54068.993.12$104,613
Nov 20241,01012,33169.052.20$96,849
Oct 20241,27711,64671.372.28$117,709
Sep 20249819,08469.612.36$89,765
Aug 202455711,31375.632.06$65,472
Jul 202467713,34379.932.15$82,755
Jun 202461410,09878.082.63$74,539
May 20248349,60978.812.20$86,852
Apr 20245403,70384.451.66$51,747
Mar 20242562,51680.301.55$24,444
Feb 20241152,47476.091.78$13,163
Jan 20246458,11773.023.30$73,865
Dec 20237209,08371.262.61$75,020
Nov 20239547,57977.892.81$95,586
Oct 20231,1657,50285.443.09$122,698
Sep 20231,0008,43689.042.74$112,113
Aug 20231,36116,87680.522.67$154,695
Jul 20231,1426,23374.852.64$101,945
Jun 20231,10212,98368.962.26$105,316
May 20231,21115,97170.622.23$121,095
Apr 20231,26812,90878.122.24$127,941
Mar 20231,32810,28072.852.39$121,346
Feb 20231,05810,75075.112.47$105,972
Jan 20231,13613,63776.533.39$133,136
Dec 20221,16012,69576.415.73$161,366
Nov 20227747,48985.005.65$108,074
Oct 20229208,51087.185.86$130,106
Sep 20228708,26584.888.16$141,318
Aug 20228918,01294.529.13$157,344
Jul 20228877,154101.587.54$144,058
Jun 20229536,785115.097.98$163,806
May 20227065,804109.378.43$126,161
Apr 20227164,929104.226.84$108,324
Mar 20229958,335108.885.08$150,647
Feb 20228878,64691.054.86$122,771
Jan 20229119,76581.844.54$118,867
Dec 20211,15113,16971.323.90$133,437
Nov 20211,10211,61377.435.24$146,143
Oct 20211,21212,38979.795.71$167,495
Sep 20211,26413,73569.865.35$161,798
Aug 20211,38317,13566.024.22$163,625
Jul 20211,53119,79570.783.98$187,189
Jun 20211,55218,59869.493.38$170,721
May 20211,70917,54663.483.02$161,435
Apr 20212,24423,54060.362.76$200,381
Mar 20211,40011,75261.302.72$117,749
Feb 20211,1589,69557.805.55$120,720
Jan 20211,64813,55950.412.81$121,180
Dec 20201,88817,57444.642.68$131,299
Nov 20201,89816,70638.772.71$118,801
Oct 20202,06321,06736.972.48$128,482
Sep 20202,11318,52237.091.99$115,249
Aug 20201,86917,74939.982.39$117,056
Jul 20202,22220,65838.371.83$122,961
Jun 20202,48022,58134.901.69$124,721
May 20202,45520,95716.921.81$79,570
Apr 20202,73022,39514.751.80$80,677
Mar 20203,04224,30930.341.86$137,417
Feb 20203,45125,49749.881.98$222,637
Jan 20203,52118,81457.252.09$240,988
Dec 20193,54328,07359.012.30$273,763
Nov 20193,77127,45255.302.75$284,049
Oct 20193,46528,91253.472.42$255,198
Sep 20194,21426,47255.052.66$302,324
Aug 20194,49817,60653.112.30$279,459
Jul 20193,23014,44156.272.46$217,278
Jun 20195,45727,79952.782.49$357,273
May 20196,25327,71958.482.74$441,634
Apr 20195,52027,59362.632.75$421,618
Mar 20199,10042,46456.803.06$646,909
Feb 20199,86230,17750.852.79$585,744
Jan 20198,03221,73846.033.23$439,887
Dec 20184,51212,69846.594.19$263,361
Nov 201810,96543,05152.934.24$762,795
Oct 201811,62732,88461.443.40$826,105
Sep 201812,20029,20759.543.11$817,163
Aug 201814,83834,84559.403.07$988,231
Jul 201815,82837,26265.142.93$1,140,284
Jun 201819,10244,10860.183.08$1,285,275
May 201827,23336,78265.382.90$1,887,191
Apr 201813,60815,39963.842.90$913,404

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                  304 bbl  × $106.41 =    $32,349
Casinghead gas     4,464 Mcf  × $  3.05 =    $13,597

────────────────────────────────────────────────────
Month total                                  $45,945

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/51338 is the state's own key, not one this site invented.