LINE DRIVE E

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 51761District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$25.1 M
Jul 2018 – May 2026
Value, last 12 filed months
$716 k
at the published price for each month
Months reported
95
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
OilDisposition376,805 bbl$21,904,537
Casinghead gasProduction972,617 Mcf$3,187,185
Total$25,091,723

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 31.9998, -102.1623. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

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
9,504 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 9,504 ft.

Completions filed
Jul 2018
1 of 1 wells

1 well

42-329420992WA9,504 ftJul 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 (95)

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

95 months

May 202636711,551106.413.05$74,235
Apr 202645312,95498.932.87$81,990
Mar 20263799,56889.753.15$64,149
Feb 20263287,63363.503.75$49,454
Jan 202641310,11659.138.00$105,328
Dec 20253314,04556.664.41$36,607
Nov 20253354,45958.593.93$37,136
Oct 20252651,77659.383.30$21,605
Sep 202541213,11162.743.08$66,190
Aug 202544410,14663.933.01$58,973
Jul 202545312,94666.743.32$73,152
Jun 20253527,74866.483.13$47,642
May 202550613,08860.553.23$72,943
Apr 202542711,05962.363.54$65,811
Mar 202561314,20567.704.27$102,132
Feb 202561315,34070.884.34$110,038
Jan 202568612,74674.324.28$105,520
Dec 202478917,35168.993.12$108,592
Nov 202475018,16469.052.20$91,720
Oct 202480918,54271.372.28$100,040
Sep 202489317,22069.612.36$102,876
Aug 202479413,57675.632.06$88,066
Jul 202476815,48879.932.15$94,633
Jun 202481814,98178.082.63$103,329
May 20241,04817,37578.812.20$120,791
Apr 202499516,19284.451.66$110,894
Mar 20241,09115,07380.301.55$110,897
Feb 20241,07814,70776.091.78$108,257
Jan 20241,21715,40773.023.30$139,672
Dec 20231,46816,06671.262.61$146,554
Nov 20231,47014,33177.892.81$154,733
Oct 20231,55914,19785.443.09$177,031
Sep 20231,63715,16289.042.74$187,227
Aug 20231,8016,12780.522.67$161,393
Jul 20231,7109,16274.852.64$152,198
Jun 20236103,70468.962.26$50,431
May 202396311,33770.622.23$93,259
Apr 20231,5757,73478.122.24$140,346
Mar 20231,7169,24172.852.39$147,126
Feb 20231,6757,83575.112.47$145,128
Jan 20231,7808,81476.533.39$166,083
Dec 20221,8078,66976.415.73$187,738
Nov 20221,7777,65185.005.65$194,244
Oct 20221,9307,21987.185.86$210,588
Sep 20222,1687,02284.888.16$241,345
Aug 20222,4026,49894.529.13$286,345
Jul 20222,2566,351101.587.54$277,064
Jun 20222,3716,054115.097.98$321,172
May 20221,2096,552109.378.43$187,482
Apr 20221,0996,343104.226.84$157,909
Mar 20226493,565108.885.08$88,760
Feb 20221091.054.86$91
Jan 20228081.844.54$655
Dec 20217071.323.90$499
Nov 20211,0145,10877.435.24$105,264
Oct 20211,8899,73079.795.71$206,319
Sep 20211,5476,70969.865.35$143,973
Aug 20211,9026,89466.024.22$154,667
Jul 20212,3807,18770.783.98$197,076
Jun 20211,7475,57069.493.38$140,229
May 20212,5488,06663.483.02$186,088
Apr 20212,4647,42660.362.76$169,211
Mar 20212,2643,54061.302.72$148,401
Feb 20211,0041,62557.805.55$67,047
Jan 20212,3224,92150.412.81$130,881
Dec 20202,3464,15544.642.68$115,842
Nov 20202,3984,12838.772.71$104,143
Oct 20202,7294,67336.972.48$112,473
Sep 20202,9394,68637.091.99$118,338
Aug 20203,1785,22039.982.39$139,507
Jul 20203,6045,35538.371.83$148,059
Jun 20203,7045,13134.901.69$137,943
May 20204,2845,51216.921.81$82,488
Apr 20204,9225,60414.751.80$82,711
Mar 20205,3855,45230.341.86$173,501
Feb 20205,2884,99649.881.98$273,661
Jan 20206,4045,00157.252.09$377,105
Dec 20197,3956,22959.012.30$450,733
Nov 20193,9644,10055.302.75$230,487
Oct 20194721,30853.472.42$28,401
Sep 20196,1678,69455.052.66$362,596
Aug 20199,34013,47453.112.30$527,096
Jul 20199,68212,71356.272.46$576,081
Jun 201910,85817,71852.782.49$617,224
May 201911,40419,40758.482.74$720,087
Apr 201912,27217,39462.632.75$816,441
Mar 201914,09519,31156.803.06$859,728
Feb 201913,32618,47850.852.79$729,222
Jan 201916,86222,63746.033.23$849,234
Dec 201819,35523,33446.594.19$999,413
Nov 201820,75922,33452.934.24$1,193,408
Oct 201825,91427,71661.443.40$1,686,337
Sep 201829,61927,95559.543.11$1,850,399
Aug 201822,50215,44959.403.07$1,383,994
Jul 201820,48211,47665.142.93$1,367,844

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                  367 bbl  × $106.41 =    $39,052
Casinghead gas    11,551 Mcf  × $  3.05 =    $35,183

────────────────────────────────────────────────────
Month total                                  $74,235

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/51761 is the state's own key, not one this site invented.