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REED 1 D

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 51747District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$26.5 M
Jun 2018 – May 2026
Value, last 12 filed months
$474 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
OilDisposition352,008 bbl$20,980,273
Casinghead gasProduction1,564,569 Mcf$5,567,710
Total$26,547,983

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 32.4140, -101.6583. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.41402, -101.65832 · 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
8,167 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 8,167 ft.

Completions filed
Sep 2020
1 of 1 wells

1 well

42-227392913WA8,167 ftSep 2020——

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 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20263063.503.75$191
Jan 20265643259.138.00$6,766
Dec 2025601,55056.664.41$10,240
Nov 20251589,26958.593.93$45,651
Oct 202563059.383.30$3,741
Sep 202526712,65962.743.08$55,702
Aug 202565923,28963.933.01$112,341
Jul 202576124,02966.743.32$130,450
Jun 202561921,65566.483.13$108,904
May 202552623,20960.553.23$106,868
Apr 202537218,81762.363.54$89,869
Mar 202539418,13367.704.27$104,071
Feb 202534213,59070.884.34$83,233
Jan 202538715,79074.324.28$96,322
Dec 202445111,51168.993.12$67,045
Nov 202446410,66869.052.20$55,492
Oct 202457318,76271.372.28$83,699
Sep 202443118,74669.612.36$74,324
Aug 202446720,27575.632.06$77,159
Jul 202451520,55779.932.15$85,291
Jun 20241053,14278.082.63$16,474
May 202429078.812.20$2,285
Apr 202461416,49484.451.66$79,219
Mar 202493823,12280.301.55$111,048
Feb 202497423,91576.091.78$116,767
Jan 20241,13520,50773.023.30$150,503
Dec 20231,08822,18771.262.61$135,455
Nov 20231,11322,26277.892.81$149,193
Oct 20231,19323,61585.443.09$174,836
Sep 20231,22727,84689.042.74$185,412
Aug 20231,25224,56180.522.67$166,460
Jul 20231,36526,55474.852.64$172,321
Jun 20231,28124,36668.962.26$143,368
May 20231,28824,66570.622.23$145,897
Apr 20231,27524,41178.122.24$154,229
Mar 20231,55223,63772.852.39$169,630
Feb 20231,40025,36875.112.47$167,703
Jan 20231,58524,06276.533.39$202,815
Dec 20221,60124,51976.415.73$262,804
Nov 20221,16720,82285.005.65$216,760
Oct 20221,43420,78987.185.86$246,918
Sep 20221,66820,40684.888.16$308,168
Aug 20221,79422,82294.529.13$377,869
Jul 20221,87125,868101.587.54$385,155
Jun 20221,86521,455115.097.98$385,794
May 20222,18724,867109.378.43$448,897
Apr 20222,48023,850104.226.84$421,542
Mar 20222,63922,493108.885.08$401,518
Feb 20222,46518,34591.054.86$313,574
Jan 20222,59917,74681.844.54$293,228
Dec 20212,13318,37571.323.90$223,772
Nov 20212,00519,67677.435.24$258,287
Oct 20212,53623,57979.795.71$337,075
Sep 20212,11718,69769.865.35$247,940
Aug 20212,53620,52166.024.22$254,037
Jul 20212,62223,40570.783.98$278,786
Jun 20212,36416,51069.493.38$220,088
May 20211,95214,89763.483.02$168,867
Apr 20211,90820,00160.362.76$170,338
Mar 20211,72818,59961.302.72$156,459
Feb 20211,34710,98557.805.55$138,801
Jan 20213,61826,64850.412.81$257,271
Dec 20204,15923,13644.642.68$247,557
Nov 20204,93520,81038.772.71$247,654
Oct 20205,93415,00636.972.48$256,571
Sep 20205,56312,07137.091.99$230,366
Aug 202037039.982.39$1,479
Jul 20203,33810,82738.371.83$147,840
Jun 20204,54414,54434.901.69$183,169
May 20205,20616,27216.921.81$117,615
Apr 20204,82614,07714.751.80$96,584
Mar 20206,30916,44230.341.86$221,935
Feb 20206,30213,00849.881.98$340,108
Jan 20205,8868,89657.252.09$355,608
Dec 20194,6456,12959.012.30$288,225
Nov 20191,64089555.302.75$93,154
Oct 201926442553.472.42$15,144
Sep 20194,55211,52755.052.66$281,218
Aug 20198,11419,59853.112.30$476,095
Jul 201910,38524,67656.272.46$645,068
Jun 201911,79223,48352.782.49$680,883
May 201911,85419,86958.482.74$747,669
Apr 201915,84520,35162.632.75$1,048,352
Mar 201911,57112,11656.803.06$694,333
Feb 201913,63810,93750.852.79$724,031
Jan 20190046.033.23$0
Dec 201820046.594.19$932
Nov 20182,8253,33952.934.24$163,675
Oct 20188,7648,16661.443.40$566,209
Sep 201831,84725,63259.543.11$1,975,835
Aug 201838,55526,34559.403.07$2,370,956
Jul 201833,62722,09765.142.93$2,255,249
Jun 20187,4134,36560.183.08$459,545

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.

Feb 2026 — as filed, then multipliedworked
Oil                    3 bbl  × $ 63.50 =       $191
Casinghead gas         0 Mcf  × $  3.75 =         $0

────────────────────────────────────────────────────
Month total                                     $191

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/51747 is the state's own key, not one this site invented.