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TARGET P

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 51339District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$24.3 M
Apr 2018 – May 2026
Value, last 12 filed months
$911 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
OilDisposition223,396 bbl$13,606,044
Casinghead gasProduction3,188,456 Mcf$10,742,515
Total$24,348,558

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 31.8281, -101.7132. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.82807, -101.71319 · 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
8,745 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 8,745 ft.

Completions filed
Apr 2018
1 of 1 wells

1 well

42-173376913903WB8,745 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 202619315,358106.413.05$67,315
Apr 202623016,30298.932.87$69,536
Mar 202625119,97789.753.15$85,444
Feb 202654414,07663.503.75$87,334
Jan 20265889,82559.138.00$113,348
Dec 202548811,06156.664.41$76,466
Nov 20254298,24158.593.93$57,493
Oct 20254929,41559.383.30$60,330
Sep 202538912,02762.743.08$61,412
Aug 202546411,03363.933.01$62,925
Jul 202554714,45866.743.32$84,438
Jun 202547017,12066.483.13$84,809
May 202552825,65460.553.23$114,892
Apr 20251391,02262.363.54$12,289
Mar 202545617,82267.704.27$106,941
Feb 202532513,52970.884.34$81,763
Jan 202563022,07074.324.28$141,252
Dec 202469827,07968.993.12$132,679
Nov 202471022,72869.052.20$98,992
Oct 202487723,75371.372.28$116,782
Sep 202474917,79069.612.36$94,200
Aug 20241,02135,94075.632.06$151,385
Jul 202469227,26579.932.15$113,838
Jun 2024351,22978.082.63$5,970
May 20241864,29778.812.20$24,105
Apr 202463618,20184.451.66$83,909
Mar 202454719,37380.301.55$73,858
Feb 202465125,77576.091.78$95,508
Jan 202436725,55273.023.30$111,060
Dec 202335728,10871.262.61$98,822
Nov 202340323,51077.892.81$97,395
Oct 202350529,70585.443.09$134,855
Sep 202319221,46389.042.74$75,798
Aug 202343221,13480.522.67$91,273
Jul 202348322,78474.852.64$96,343
Jun 202344425,15468.962.26$87,428
May 202351327,93670.622.23$98,453
Apr 202368228,39178.122.24$116,810
Mar 202399927,78872.852.39$139,278
Feb 202393927,90875.112.47$139,340
Jan 20231,05434,52476.533.39$197,620
Dec 20221,02233,66176.415.73$270,938
Nov 20221,15832,84285.005.65$283,863
Oct 202280630,56087.185.86$249,464
Sep 202280125,86284.888.16$279,118
Aug 202278527,44094.529.13$324,647
Jul 202290830,665101.587.54$323,513
Jun 202293330,898115.097.98$353,859
May 202292733,671109.378.43$385,335
Apr 202293231,039104.226.84$309,365
Mar 202290436,581108.885.08$284,127
Feb 202278531,89191.054.86$226,428
Jan 202299238,17481.844.54$254,407
Dec 202197040,55671.323.90$227,313
Nov 20211,07338,42777.435.24$284,319
Oct 20211,12238,48779.795.71$309,434
Sep 20211,06333,45769.865.35$253,287
Aug 20211,09236,19166.024.22$224,841
Jul 20211,13335,64370.783.98$222,127
Jun 20211,20335,85869.493.38$204,819
May 20211,22337,12763.483.02$189,673
Apr 20211,19035,94960.362.76$170,991
Mar 20211,32234,12261.302.72$173,746
Feb 202195130,75857.805.55$225,612
Jan 20211,36339,91450.412.81$180,878
Dec 20201,34437,52544.642.68$160,393
Nov 20201,37038,96638.772.71$158,579
Oct 20201,53447,55136.972.48$174,564
Sep 20201,36639,31637.091.99$128,945
Aug 20201,43542,36839.982.39$158,423
Jul 20201,51642,05138.371.83$134,917
Jun 20203,36642,52734.901.69$189,357
May 20201,67946,75416.921.81$113,256
Apr 20201,67145,83414.751.80$107,349
Mar 20201,73346,35930.341.86$138,632
Feb 20201,76346,74049.881.98$180,515
Jan 20202,16154,16757.252.09$237,183
Dec 20191,93945,53459.012.30$219,347
Nov 20192,55342,58255.302.75$258,311
Oct 20191,40832,13853.472.42$153,013
Sep 20191,42840,83255.052.66$187,113
Aug 20193,02040,65053.112.30$254,064
Jul 20192,94341,14956.272.46$266,832
Jun 20193,32547,79052.782.49$294,548
May 20193,96648,04058.482.74$363,577
Apr 20193,76647,14562.632.75$365,546
Mar 20194,44448,63956.803.06$401,357
Feb 20194,71545,46350.852.79$366,700
Jan 20195,62949,81846.033.23$419,924
Dec 20185,76444,59746.594.19$455,203
Nov 20186,12948,99552.934.24$532,012
Oct 20187,45353,88761.443.40$641,025
Sep 20188,89366,82259.543.11$737,172
Aug 201810,81969,57159.403.07$855,992
Jul 201812,44668,71965.142.93$1,012,208
Jun 201817,92875,57560.183.08$1,311,445
May 201827,45155,97465.382.90$1,957,116
Apr 201820,44618,22863.842.90$1,358,148

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                  193 bbl  × $106.41 =    $20,537
Casinghead gas    15,358 Mcf  × $  3.05 =    $46,778

────────────────────────────────────────────────────
Month total                                  $67,315

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/51339 is the state's own key, not one this site invented.