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REED 1 C

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 51703District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$18.0 M
Jun 2018 – May 2026
Value, last 12 filed months
$384 k
at the published price for each month
Months reported
96
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
OilDisposition260,932 bbl$15,160,318
Casinghead gasProduction946,748 Mcf$2,849,272
Total$18,009,590

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 32.4138, -101.6602. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.41375, -101.66021 · 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
7,917 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 7,917 ft.

Completions filed
Aug 2023
1 of 1 wells

1 well

42-227392902LS7,917 ftAug 2023——

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 (96)

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

96 months

May 202671416,762106.413.05$127,031
Apr 20262103,35898.932.87$30,412
Mar 202661213,84189.753.15$98,518
Feb 20262864,32063.503.75$34,362
Jan 202680059.138.00$4,730
Dec 20252541,95056.664.41$22,998
Nov 20251901,03458.593.93$15,192
Oct 202568159.383.30$4,041
Sep 2025113462.743.08$7,102
Aug 20253042763.933.01$19,516
Jul 20252971766.743.32$19,878
Jun 20252566.483.13$149
May 20251272460.553.23$3,067
Apr 202541062.363.54$2,557
Mar 202542011,78967.704.27$78,753
Feb 20254159,88870.884.34$72,337
Jan 202552510,81974.324.28$85,309
Dec 20245306,39168.993.12$56,513
Nov 20245255,57469.052.20$48,505
Oct 20245028,36771.372.28$54,916
Sep 202451811,55269.612.36$63,371
Aug 202448413,67775.632.06$64,829
Jul 202451713,65179.932.15$70,627
Jun 202472112,91778.082.63$90,319
May 202494018,19478.812.20$114,080
Apr 202493016,89684.451.66$106,572
Mar 202499915,54180.301.55$104,233
Feb 202493215,52076.091.78$98,598
Jan 202497314,89373.023.30$120,161
Dec 202396013,55671.262.61$103,801
Nov 202380111,12477.892.81$93,621
Oct 202378712,48785.443.09$105,792
Sep 202391710,15289.042.74$109,416
Aug 20233632,74380.522.67$36,560
Jul 20237674,90174.852.64$70,357
Jun 20238284,55068.962.26$67,375
May 20231,0325,40570.622.23$84,919
Apr 20231,0315,41478.122.24$92,657
Mar 20231,0214,95472.852.39$86,236
Feb 20239585,52975.112.47$85,588
Jan 20231,1125,38076.533.39$103,327
Dec 20221,0936,49676.415.73$120,732
Nov 20221,1005,76585.005.65$126,050
Oct 20221,1685,98787.185.86$136,933
Sep 20221,1555,57384.888.16$143,533
Aug 20221,2806,42194.529.13$179,591
Jul 20221,3456,744101.587.54$187,489
Jun 20221,3255,788115.097.98$198,666
May 20221,3455,737109.378.43$195,483
Apr 20221,5466,145104.226.84$203,141
Mar 20222,1407,528108.885.08$271,218
Feb 20221,8836,23891.054.86$201,757
Jan 20221,4424,20981.844.54$137,112
Dec 20211,5433,83471.323.90$124,996
Nov 20211,3341,94377.435.24$113,467
Oct 20211,17782379.795.71$98,615
Sep 20218562,73469.865.35$74,430
Aug 20211,5355,93966.024.22$126,407
Jul 20211,6315,05870.783.98$135,584
Jun 202124639069.493.38$18,413
May 20211,6585,05563.483.02$120,504
Apr 20211,6488,28360.362.76$122,321
Mar 20219529,90261.302.72$85,261
Feb 20211,4759,77457.805.55$139,481
Jan 20212,46515,64450.412.81$168,225
Dec 20202,73016,51644.642.68$166,055
Nov 20202,96816,82438.772.71$160,605
Oct 20202,66412,99836.972.48$130,703
Sep 20202,68914,57637.091.99$128,756
Aug 20202,86118,68139.982.39$158,939
Jul 20203,05820,16738.371.83$154,143
Jun 20203,72017,47534.901.69$159,366
May 20203,16315,33516.921.81$81,347
Apr 20203,42113,97114.751.80$75,669
Mar 20204,26017,47030.341.86$161,677
Feb 20204,08115,94849.881.98$235,148
Jan 20204,60116,20257.252.09$297,346
Dec 20194,30515,92059.012.30$290,723
Nov 20195,70822,27655.302.75$376,927
Oct 20195,91517,17353.472.42$357,809
Sep 20194,42414,05055.052.66$280,876
Aug 20198,53327,79953.112.30$517,247
Jul 20199,43523,80656.272.46$589,472
Jun 20198,00815,79052.782.49$461,998
May 20197,32515,49158.482.74$470,816
Apr 20196,77714,22562.632.75$463,572
Mar 20197,00511,09156.803.06$431,846
Feb 20198,69714,30450.852.79$482,182
Jan 201911,07916,28946.033.23$562,550
Dec 201813,06524,52646.594.19$711,350
Nov 20187,1108,59652.934.24$412,756
Oct 20187,82110,45561.443.40$516,049
Sep 201817,81121,35559.543.11$1,126,838
Aug 201816,60411,83059.403.07$1,022,555
Jul 201812,4578,71365.142.93$836,994
Jun 20181,60497960.183.08$99,541

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                  714 bbl  × $106.41 =    $75,977
Casinghead gas    16,762 Mcf  × $  3.05 =    $51,054

────────────────────────────────────────────────────
Month total                                 $127,031

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/51703 is the state's own key, not one this site invented.