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LB EPLEY NS 39-46 07

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 51498District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$81.4 M
Nov 2018 – May 2026
Value, last 12 filed months
$5.4 M
at the published price for each month
Months reported
91
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
OilDisposition1,172,007 bbl$71,501,461
Casinghead gasProduction3,118,037 Mcf$9,879,267
Total$81,380,728

Wells on this lease (3)

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 32.0310, -101.8824. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.1 miles.

32.03104, -101.88218 · 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 3 wells
With a plug date
0.0%
0 of 3 wells
Median depth
8,928 ft
3 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.
3100.0%

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 8,455 and 9,194 ft, median 8,928 ft, over the 3 wells that filed a depth.

Completions filed
Nov 2018
3 of 3 wells

3 wells

42-32942345507H8,455 ftNov 2018——
42-32942315207H9,194 ftNov 2018——
42-32942344107H8,928 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 20265,60729,740106.413.05$687,224
Apr 20265,35825,84298.932.87$604,226
Mar 20265,29326,12789.753.15$557,332
Feb 20265,30322,09063.503.75$419,585
Jan 20267,31722,75459.138.00$614,639
Dec 20254,35419,46656.664.41$332,608
Nov 20254,61921,48858.593.93$354,999
Oct 20254,38624,02359.383.30$339,833
Sep 20253,69818,57762.743.08$289,172
Aug 20255,07621,04963.933.01$387,966
Jul 20254,91922,67966.743.32$403,479
Jun 20254,68119,86466.483.13$373,342
May 20255,13221,62960.553.23$380,654
Apr 20254,62719,14062.363.54$356,355
Mar 20254,72620,20167.704.27$406,175
Feb 20253,66617,67470.884.34$336,566
Jan 20254,65223,74774.324.28$447,342
Dec 20245,57028,27368.993.12$472,525
Nov 20245,67730,13269.052.20$458,240
Oct 20245,89626,44871.372.28$481,136
Sep 20245,79924,05569.612.36$460,543
Aug 20245,93525,76575.632.06$502,033
Jul 20245,68624,76079.932.15$507,632
Jun 20245,63225,25078.082.63$506,255
May 20243,68923,65378.812.20$342,730
Apr 20245,99628,90184.451.66$554,315
Mar 20246,77331,02180.301.55$591,803
Feb 20245,73724,97076.091.78$481,066
Jan 20245,62629,39873.023.30$507,755
Dec 20236,67132,31071.262.61$559,728
Nov 20236,13436,30477.892.81$579,703
Oct 20236,74137,50085.443.09$691,724
Sep 20237,12434,28389.042.74$728,086
Aug 20236,79230,73980.522.67$629,054
Jul 20237,75432,19874.852.64$665,448
Jun 20237,20232,88968.962.26$570,929
May 20237,97933,93270.622.23$639,057
Apr 20238,21434,75378.122.24$719,447
Mar 20238,71631,74872.852.39$710,939
Feb 20238,94526,97475.112.47$738,368
Jan 20239,56033,27676.533.39$844,357
Dec 20229,00335,65076.415.73$892,161
Nov 20228,70335,88885.005.65$942,386
Oct 20227,88233,46287.185.86$883,366
Sep 20229,54331,27484.888.16$1,065,321
Aug 202210,30330,94894.529.13$1,256,307
Jul 202210,11028,901101.587.54$1,244,947
Jun 20229,89226,291115.097.98$1,348,199
May 202210,04826,666109.378.43$1,323,825
Apr 202210,21821,499104.226.84$1,211,922
Mar 202210,83118,644108.885.08$1,273,924
Feb 20229,85615,34391.054.86$971,938
Jan 202211,42615,60881.844.54$1,005,928
Dec 202112,37113,51271.323.90$934,985
Nov 202110,2638,74277.435.24$840,445
Oct 202114,30810,85079.795.71$1,203,631
Sep 20219,4905,69969.865.35$693,466
Aug 20217,7685,30766.024.22$535,242
Jul 20218,2144,62070.783.98$599,784
Jun 20216,04117,57069.493.38$479,187
May 20219,78535,92463.483.02$729,559
Apr 202110,18437,89060.362.76$719,223
Mar 202111,06141,03561.302.72$789,529
Feb 20218,77525,80357.805.55$650,349
Jan 202111,72331,75850.412.81$680,205
Dec 202012,23427,76344.642.68$620,405
Nov 202012,66628,06038.772.71$567,007
Oct 202012,61921,37736.972.48$519,506
Sep 202010,95018,12937.091.99$442,231
Aug 20207,31717,65539.982.39$334,643
Jul 202014,73952,33838.371.83$661,059
Jun 202016,58156,84234.901.69$674,758
May 202017,80144,27916.921.81$381,548
Apr 202012,32636,63314.751.80$247,908
Mar 202017,88360,93830.341.86$655,685
Feb 202015,61941,39849.881.98$861,072
Jan 202018,18866,52757.252.09$1,180,620
Dec 201920,90572,98159.012.30$1,401,779
Nov 201921,84171,90755.302.75$1,405,602
Oct 201924,02677,12353.472.42$1,471,195
Sep 201925,77379,84255.052.66$1,630,966
Aug 201927,44570,64053.112.30$1,620,384
Jul 201932,36086,80656.272.46$2,034,445
Jun 201935,54687,32852.782.49$2,093,669
May 201943,56693,59558.482.74$2,804,220
Apr 201949,09389,83162.632.75$3,321,793
Mar 201956,14589,37756.803.06$3,462,717
Feb 201961,21181,34150.852.79$3,339,701
Jan 201961,17150,20046.033.23$2,977,756
Dec 201853,95033,45546.594.19$2,653,554
Nov 20188,9927,16652.934.24$506,311

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                5,607 bbl  × $106.41 =   $596,641
Casinghead gas    29,740 Mcf  × $  3.05 =    $90,583

────────────────────────────────────────────────────
Month total                                 $687,224

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/51498 is the state's own key, not one this site invented.