WOODWARD B

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 51531District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$35.9 M
Jul 2018 – May 2026
Value, last 12 filed months
$1.8 M
at the published price for each month
Months reported
95
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
OilDisposition542,905 bbl$31,524,935
Casinghead gasProduction1,302,258 Mcf$4,339,478
Total$35,864,413

Wells on this lease (2)

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 32.3552, -101.9843. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.35518, -101.98431 · 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 2 wells
With a plug date
0.0%
0 of 2 wells
Median depth
9,070 ft
2 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.
2100.0%

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 8,756 and 9,383 ft, median 9,070 ft, over the 2 wells that filed a depth.

Completions filed
Jul 2018
2 of 2 wells

2 wells

42-3174120704WA9,383 ftJul 2018
42-3174120804SA8,756 ftJul 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 (95)

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

95 months

May 20268478,432106.413.05$115,812
Apr 20261,21511,17498.932.87$152,266
Mar 20261,25815,70089.753.15$162,352
Feb 20261,09414,27063.503.75$122,986
Jan 20261,26021,88359.138.00$249,522
Dec 20251,59415,09456.664.41$156,931
Nov 20251,39814,05358.593.93$137,087
Oct 20251,76116,58059.383.30$159,362
Sep 20251,52213,12162.743.08$135,863
Aug 20251,68613,45163.933.01$148,338
Jul 20251,78510,81466.743.32$154,981
Jun 20251,6679,69666.483.13$141,158
May 20251,49718,45060.553.23$150,280
Apr 20251,61216,38462.363.54$158,575
Mar 20251,89613,13767.704.27$184,432
Feb 20251,3764,14070.884.34$115,502
Jan 20251,8164,26874.324.28$153,227
Dec 20241,8448,85868.993.12$154,867
Nov 20241,97816,34569.052.20$172,514
Oct 20241,90638,97971.372.28$224,958
Sep 20241,61018,79969.612.36$156,520
Aug 20241,5329,67175.632.06$135,823
Jul 20241,6863,45379.932.15$142,174
Jun 20241,7475,35078.082.63$150,498
May 20241,7356,05078.812.20$150,036
Apr 20241,5934,33684.451.66$141,723
Mar 20241,4745,74380.301.55$127,236
Feb 20241,4012,37776.091.78$110,842
Jan 20241,5482,78673.023.30$122,222
Dec 20231,6812,46571.262.61$126,223
Nov 20231,5582,38977.892.81$128,060
Oct 20231,5412,09185.443.09$138,119
Sep 20231,7701,93189.042.74$162,882
Aug 20233,0683,41480.522.67$256,161
Jul 20233,4286,95674.852.64$274,962
Jun 20233,0426,65868.962.26$224,813
May 20232,4445,33870.622.23$184,485
Apr 20232,0462,95678.122.24$166,448
Mar 20232,3914,63372.852.39$185,272
Feb 20235666,39675.112.47$58,283
Jan 20236076,79676.533.39$69,477
Dec 20225726,28476.415.73$79,708
Nov 20227943,73985.005.65$88,601
Oct 20227446,87887.185.86$105,193
Sep 20221,74112,68884.888.16$251,357
Aug 20222,79010,93194.529.13$363,480
Jul 20222,75010,878101.587.54$361,388
Jun 20222,86610,603115.097.98$414,430
May 20222,94710,987109.378.43$414,967
Apr 20222,6229,400104.226.84$337,538
Mar 20222,4819,123108.885.08$316,443
Feb 20222,6137,58791.054.86$274,778
Jan 20223,2599,30981.844.54$308,958
Dec 20213,2718,95071.323.90$268,185
Nov 20213,2579,62877.435.24$302,610
Oct 20213,84611,63679.795.71$373,359
Sep 20213,77010,65669.865.35$320,392
Aug 20213,84511,23966.024.22$301,282
Jul 20214,00111,82870.783.98$330,291
Jun 20213,66812,34069.493.38$296,606
May 20214,85614,69463.483.02$352,601
Apr 20214,43811,93060.362.76$300,786
Mar 20215,03113,57161.302.72$345,272
Feb 20213,2128,14657.805.55$230,847
Jan 20214,92412,85850.412.81$284,353
Dec 20205,14615,57644.642.68$271,390
Nov 20205,22117,34038.772.71$249,350
Oct 20205,87720,42836.972.48$267,902
Sep 20206,85019,88537.091.99$293,658
Aug 20207,69521,10839.982.39$357,991
Jul 20206,93114,59138.371.83$292,573
Jun 20205,98514,33934.901.69$233,114
May 20206,36120,14216.921.81$144,181
Apr 20208,82222,56514.751.80$170,840
Mar 20206,81112,46730.341.86$229,787
Feb 20206,82611,16149.881.98$362,587
Jan 20207,41417,46957.252.09$461,045
Dec 20199,06123,00059.012.30$587,690
Nov 201910,96827,49655.302.75$682,164
Oct 201911,58431,51953.472.42$695,626
Sep 201912,08534,45755.052.66$756,841
Aug 201913,92235,73153.112.30$821,735
Jul 201914,91131,70156.272.46$917,028
Jun 201913,84220,78852.782.49$782,368
May 201916,45820,14458.482.74$1,017,665
Apr 201917,20817,07562.632.75$1,124,705
Mar 201918,69017,61556.803.06$1,115,531
Feb 201918,05022,40550.852.79$980,402
Jan 201917,17222,02646.033.23$861,531
Dec 201821,43116,45546.594.19$1,067,342
Nov 201829,27228,44452.934.24$1,669,891
Oct 201836,13438,37661.443.40$2,350,478
Sep 201836,39241,77559.543.11$2,296,616
Aug 201816,30220,15659.403.07$1,030,148
Jul 20185,7064,72465.142.93$385,539

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                  847 bbl  × $106.41 =    $90,129
Casinghead gas     8,432 Mcf  × $  3.05 =    $25,683

────────────────────────────────────────────────────
Month total                                 $115,812

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/51531 is the state's own key, not one this site invented.