SAXON K

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 51614District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$29.0 M
Dec 2017 – May 2026
Value, last 12 filed months
$1.3 M
at the published price for each month
Months reported
102
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
OilDisposition393,924 bbl$23,771,706
Casinghead gasProduction1,597,115 Mcf$5,244,172
Total$29,015,877

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 31.8325, -101.6930. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.83252, -101.69302 · 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
8,427 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 8,427 ft.

Completions filed
Dec 2017
1 of 1 wells

1 well

42-173376031104WA8,427 ftDec 2017

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 (102)

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

102 months

May 20261,2943,950106.413.05$149,726
Apr 20261,2504,91498.932.87$137,764
Mar 20261,4817,31489.753.15$155,955
Feb 20261,0484,49263.503.75$83,394
Jan 20261,4315,61559.138.00$129,523
Dec 20251,1597,07856.664.41$96,907
Nov 20251,4364,59558.593.93$102,177
Oct 20252,1417,36059.383.30$151,456
Sep 20259846,77362.743.08$82,576
Aug 20259185,12463.933.01$74,135
Jul 20251,1541,19366.743.32$80,973
Jun 202521124166.483.13$14,781
May 20257821,13760.553.23$51,025
Apr 20256571,32062.363.54$45,647
Mar 20251,2335,62367.704.27$107,475
Feb 20251,0946,38270.884.34$105,246
Jan 20251,1845,79974.324.28$112,807
Dec 20241,1792,22068.993.12$88,269
Nov 20241,4921,61069.052.20$106,562
Oct 20248261,51571.372.28$62,408
Sep 202450190669.612.36$37,017
Aug 20241232,73775.632.06$14,951
Jul 2024221879.932.15$1,797
Jun 2024141378.082.63$1,127
May 2024451178.812.20$3,571
Apr 20241217,62684.451.66$22,872
Mar 2024948,18180.301.55$20,189
Feb 2024555,56576.091.78$14,111
Jan 20242432,24373.023.30$25,141
Dec 20232704,46971.262.61$30,908
Nov 20231236,67277.892.81$28,313
Oct 20233925,12785.443.09$49,321
Sep 20233386,62889.042.74$48,223
Aug 20234517,01380.522.67$55,059
Jul 20233326,95974.852.64$43,234
Jun 20234044,49568.962.26$38,012
May 202373213,58270.622.23$81,946
Apr 202361914,64478.122.24$81,126
Mar 202366010,77172.852.39$73,858
Feb 20234849,11275.112.47$58,821
Jan 20235909,50976.533.39$77,367
Dec 20226624,70876.415.73$77,556
Nov 20226566,23385.005.65$90,953
Oct 20228589,49887.185.86$130,494
Sep 20221,2228,48684.888.16$173,000
Aug 20221,4049,13794.529.13$216,101
Jul 20221,7659,275101.587.54$249,241
Jun 20221,5859,811115.097.98$260,682
May 20221,87813,636109.378.43$320,390
Apr 20221,87712,603104.226.84$281,795
Mar 20221,75111,217108.885.08$247,591
Feb 20221,3117,87491.054.86$157,625
Jan 20221,3896,41981.844.54$142,803
Dec 20211,75914,86871.323.90$183,424
Nov 20211,94612,67677.435.24$217,061
Oct 20211,94614,45179.795.71$237,842
Sep 20211,86312,84069.865.35$198,855
Aug 20211,94311,66466.024.22$177,506
Jul 20211,96417,10270.783.98$207,113
Jun 20212,02518,57869.493.38$203,522
May 20212,14116,43463.483.02$185,503
Apr 20212,48620,35660.362.76$206,205
Mar 20212,96220,33261.302.72$236,811
Feb 20211,64514,45857.805.55$175,293
Jan 20212,84219,08650.412.81$196,902
Dec 20202,67718,19444.642.68$168,179
Nov 20202,86116,68138.772.71$156,069
Oct 20202,63913,42236.972.48$130,829
Sep 20202,68413,94537.091.99$127,315
Aug 20203,19216,04939.982.39$165,895
Jul 20203,5529,43838.371.83$153,516
Jun 20201,3224,95534.901.69$54,513
May 20202,3029,83516.921.81$56,798
Apr 20202,88411,01214.751.80$62,409
Mar 20203,12512,15830.341.86$117,381
Feb 20202,4798,47249.881.98$140,433
Jan 20202,66111,69357.252.09$176,836
Dec 20194,15126,80759.012.30$306,723
Nov 20194,37330,18055.302.75$324,843
Oct 20195,48736,12453.472.42$380,757
Sep 20195,98932,73655.052.66$416,683
Aug 20195,68436,69453.112.30$386,433
Jul 20196,14643,23356.272.46$452,191
Jun 20195,89140,28052.782.49$411,273
May 20197,25834,71458.482.74$519,575
Apr 20196,87130,79662.632.75$515,041
Mar 20196,51726,16556.803.06$450,285
Feb 20196,56925,18450.852.79$404,353
Jan 20197,93433,20746.033.23$472,400
Dec 20188,92440,02746.594.19$583,300
Nov 20187,88234,05452.934.24$561,489
Oct 20188,90945,31261.443.40$701,343
Sep 20189,52135,67559.543.11$677,758
Aug 201811,91437,96759.403.07$824,120
Jul 201811,98829,00065.142.93$865,923
Jun 20188,62630,22960.183.08$612,125
May 201812,07551,96965.382.90$940,215
Apr 201823,78464,70163.842.90$1,706,055
Mar 201826,13556,37761.222.79$1,757,098
Feb 201827,84848,82061.782.77$1,855,491
Jan 201835,01744,75362.874.01$2,380,948
Dec 201724,60623,97957.272.92$1,479,241

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                1,294 bbl  × $106.41 =   $137,695
Casinghead gas     3,950 Mcf  × $  3.05 =    $12,031

────────────────────────────────────────────────────
Month total                                 $149,726

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/51614 is the state's own key, not one this site invented.