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STATE REED B 11-12

Operated by DIAMONDBACK E&P LLC (P-5 217012) in the HOEFS T-K (WOLFCAMP) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 51722District 08Field 41911500Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$25.1 M
Dec 2018 – May 2026
Value, last 12 filed months
$1.6 M
at the published price for each month
Months reported
90
no gaps in the span
Streams
2
oil, casinghead gas

The HOEFS T-K (WOLFCAMP) 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 612 leases and 960 wells, and the rule below applies to all of them.

Discovered
1988-02-06
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 160 acres. The field rule took effect on 2019-12-17.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: “COMPLETION DATE DUE TO RECLASS USING HEPTANES PLUS ANNALYSIS.”

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
OilDisposition243,433 bbl$13,759,306
Casinghead gasProduction3,453,491 Mcf$11,301,840
Total$25,061,147

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 31.0705, -102.8920. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.07048, -102.89204 · 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
9,740 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 9,740 ft.

Completions filed
Dec 2018
1 of 1 wells

1 well

42-371396322WA9,740 ftDec 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 (90)

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

90 months

May 202663520,657106.413.05$130,488
Apr 202669720,97398.932.87$129,141
Mar 202670720,76289.753.15$128,842
Feb 202669718,55963.503.75$113,862
Jan 20261,01521,21559.138.00$229,693
Dec 202546919,32156.664.41$111,844
Nov 202579324,83358.593.93$143,967
Oct 202579822,46259.383.30$121,619
Sep 202555018,29462.743.08$90,796
Aug 202571828,00263.933.01$130,321
Jul 202567724,38866.743.32$126,034
Jun 202571229,97166.483.13$141,105
May 202543119,33260.553.23$88,584
Apr 202544014,43562.363.54$78,583
Mar 202567324,17167.704.27$148,732
Feb 202558521,27470.884.34$133,812
Jan 202567122,05474.324.28$144,231
Dec 202471722,36068.993.12$119,260
Nov 202475721,38169.052.20$99,276
Oct 202469123,24571.372.28$102,348
Sep 202496124,97769.612.36$125,950
Aug 202474423,47875.632.06$104,719
Jul 202471424,64079.932.15$109,962
Jun 202486823,96778.082.63$130,902
May 202468424,01378.812.20$106,697
Apr 202471123,13184.451.66$98,423
Mar 202488326,43380.301.55$111,747
Feb 202486024,05376.091.78$108,339
Jan 202495124,90273.023.30$151,560
Dec 202389926,36371.262.61$132,889
Nov 202389328,47177.892.81$149,490
Oct 202379322,83585.443.09$138,252
Sep 202385225,14289.042.74$144,626
Aug 202369523,85080.522.67$119,710
Jul 202397530,18074.852.64$152,708
Jun 202392328,45268.962.26$127,908
May 20231,04630,15770.622.23$141,040
Apr 20231,02129,06378.122.24$144,797
Mar 20231,07825,90172.852.39$140,518
Feb 20231,37643,31475.112.47$210,150
Jan 20231,14331,91276.533.39$195,583
Dec 20221,01227,84576.415.73$236,853
Nov 20221,06830,23585.005.65$261,493
Oct 20221,11531,82687.185.86$283,826
Sep 20221,21030,35184.888.16$350,481
Aug 20221,15140,29194.529.13$476,535
Jul 202294232,327101.587.54$339,501
Jun 20221,01632,674115.097.98$377,578
May 20221,03834,731109.378.43$406,414
Apr 20221,11135,083104.226.84$355,672
Mar 20221,17834,834108.885.08$305,092
Feb 20221,03831,90891.054.86$249,546
Jan 20221,18434,27781.844.54$252,437
Dec 20211,08239,25271.323.90$230,217
Nov 20211,25938,37977.435.24$298,469
Oct 20211,62824,57379.795.71$270,305
Sep 20211,47525,51369.865.35$239,562
Aug 20211,60527,96566.024.22$223,991
Jul 20211,79130,77770.783.98$249,323
Jun 20211,57234,24069.493.38$224,991
May 20211,68330,66163.483.02$199,362
Apr 20211,79029,99560.362.76$190,783
Mar 20212,11736,75161.302.72$229,622
Feb 20211,73228,38257.805.55$257,572
Jan 20212,32027,66250.412.81$194,689
Dec 20202,34846,45544.642.68$229,103
Nov 20202,66654,21938.772.71$250,108
Oct 20202,87657,22636.972.48$248,156
Sep 20202,94553,61237.091.99$215,974
Aug 20203,17853,00339.982.39$253,474
Jul 20203,17771,77938.371.83$252,907
Jun 20203,66973,77734.901.69$252,754
May 20203,10957,14416.921.81$156,306
Apr 202054014.751.80$797
Mar 20202,85450,56230.341.86$180,445
Feb 20203,75363,53849.881.98$313,047
Jan 20204,29273,06657.252.09$398,771
Dec 20195,45878,75959.012.30$503,566
Nov 20195,31977,63855.302.75$507,700
Oct 20197,21894,71953.472.42$615,028
Sep 20197,29899,42155.052.66$665,944
Aug 20199,251112,61753.112.30$750,831
Jul 201911,538119,46856.272.46$943,142
Jun 20199,28650,78852.782.49$616,638
May 20193,4638,25758.482.74$225,143
Apr 20193,67024,52862.632.75$297,321
Mar 201915,47281,48756.803.06$1,128,331
Feb 201919,65681,84450.852.79$1,228,034
Jan 201931,700153,69946.033.23$1,955,319
Dec 201813,56342,43046.594.19$809,488

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                  635 bbl  × $106.41 =    $67,570
Casinghead gas    20,657 Mcf  × $  3.05 =    $62,918

────────────────────────────────────────────────────
Month total                                 $130,488

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/51722 is the state's own key, not one this site invented.