SAXON L

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 51631District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$22.3 M
Dec 2017 – May 2026
Value, last 12 filed months
$1.2 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
OilDisposition237,495 bbl$14,625,862
Casinghead gasProduction2,153,091 Mcf$7,653,478
Total$22,279,340

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 31.8326, -101.6942. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.83260, -101.69424 · 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
8,686 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 8,686 ft.

Completions filed
Dec 2017
1 of 1 wells

1 well

42-173376021104WB8,686 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 202662913,000106.413.05$106,528
Apr 202670614,03898.932.87$110,130
Mar 202674417,37489.753.15$121,492
Feb 202656616,56563.503.75$98,065
Jan 202689013,07659.138.00$157,207
Dec 202546117,12256.664.41$101,686
Nov 202573214,53758.593.93$99,967
Oct 20251,09113,68659.383.30$110,014
Sep 202558314,17662.743.08$80,196
Aug 20256345,96763.933.01$58,521
Jul 20258763,98266.743.32$71,665
Jun 20259626,50966.483.13$84,319
May 20256829,50660.553.23$72,022
Apr 20255644,98562.363.54$52,833
Mar 20256077,00767.704.27$71,002
Feb 20254486,93870.884.34$61,871
Jan 20259563,28074.324.28$85,084
Dec 20241,5662,06868.993.12$114,493
Nov 20241,5803,44169.052.20$116,664
Oct 20243,1468,90071.372.28$244,834
Sep 20242,6096,44269.612.36$196,844
Aug 20242,2984,73675.632.06$183,571
Jul 20247013,70879.932.15$63,990
Jun 20245664,40778.082.63$55,801
May 20241,25510,49478.812.20$121,977
Apr 20248346,49884.451.66$81,213
Mar 20247295,46780.301.55$66,986
Feb 20243943,86376.091.78$36,870
Jan 20247474,95373.023.30$70,879
Dec 20237746,47371.262.61$72,054
Nov 20236914,97877.892.81$67,798
Oct 20239664,54385.443.09$96,561
Sep 20236103,45589.042.74$63,764
Aug 20232151,97680.522.67$22,593
Jul 20231381,28474.852.64$13,721
Jun 20234612,16768.962.26$36,685
May 202347910,90670.622.23$58,119
Apr 202332614,13378.122.24$57,093
Mar 202356016,80172.852.39$81,003
Feb 20233403,93875.112.47$35,247
Jan 20234363,43376.533.39$44,997
Dec 20226465,38876.415.73$80,229
Nov 202263014,28685.005.65$134,212
Oct 202279422,41287.185.86$200,640
Sep 202286521,24384.888.16$246,842
Aug 20221,00425,74594.529.13$329,877
Jul 202291723,531101.587.54$270,622
Jun 202298621,437115.097.98$284,486
May 20221,14928,783109.378.43$368,394
Apr 20221,19827,004104.226.84$309,498
Mar 20221,36828,401108.885.08$293,123
Feb 20221,21625,63491.054.86$235,268
Jan 20221,37529,03781.844.54$244,291
Dec 20211,17330,04971.323.90$200,823
Nov 20211,07828,35877.435.24$231,976
Oct 20211,23331,18979.795.71$276,591
Sep 20211,24130,32569.865.35$248,963
Aug 20211,29733,47966.024.22$226,929
Jul 20211,24234,05370.783.98$223,511
Jun 20211,32932,51969.493.38$202,287
May 20211,47533,13763.483.02$193,630
Apr 20211,42628,78160.362.76$165,463
Mar 20211,79728,82361.302.72$188,466
Feb 20211,29229,99157.805.55$241,066
Jan 20211,77938,24950.412.81$197,169
Dec 20201,79138,01244.642.68$181,650
Nov 20201,86936,03038.772.71$169,979
Oct 20201,88736,37036.972.48$159,903
Sep 20201,84334,49537.091.99$137,038
Aug 20202,28428,31739.982.39$158,853
Jul 20202,86112,56738.371.83$132,713
Jun 20201,93817,12834.901.69$96,588
May 20201,66415,74916.921.81$56,735
Apr 20201,79118,20014.751.80$59,257
Mar 20202,32328,73230.341.86$123,813
Feb 20202,10229,17149.881.98$162,626
Jan 20202,40131,78257.252.09$204,032
Dec 20192,25930,58659.012.30$203,785
Nov 20192,05332,62455.302.75$203,270
Oct 20192,40424,50153.472.42$187,799
Sep 20192,99510,72055.052.66$193,361
Aug 20191,2297,11853.112.30$81,675
Jul 20192,28419,92556.272.46$177,537
Jun 20192,67829,04252.782.49$213,694
May 20193,13039,46758.482.74$291,195
Apr 20193,11738,06962.632.75$299,934
Mar 20193,59741,96956.803.06$332,823
Feb 20193,86637,88150.852.79$302,358
Jan 20193,42327,68846.033.23$246,943
Dec 20181,31310,25046.594.19$104,073
Nov 20184,53737,45952.934.24$398,866
Oct 20185,20938,84761.443.40$452,046
Sep 20185,59041,05959.543.11$460,440
Aug 20186,30642,35559.403.07$504,461
Jul 20187,06242,70765.142.93$585,230
Jun 20187,59641,46060.183.08$584,696
May 20188,62346,92365.382.90$699,886
Apr 201811,40253,95963.842.90$884,428
Mar 201813,52955,09161.222.79$981,775
Feb 201813,88745,97061.782.77$985,097
Jan 201816,49144,60362.874.01$1,215,617
Dec 201715,09913,59957.272.92$904,449

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                  629 bbl  × $106.41 =    $66,932
Casinghead gas    13,000 Mcf  × $  3.05 =    $39,596

────────────────────────────────────────────────────
Month total                                 $106,528

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/51631 is the state's own key, not one this site invented.