TARGET M

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 51850District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$28.1 M
Mar 2018 – May 2026
Value, last 12 filed months
$716 k
at the published price for each month
Months reported
99
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
OilDisposition372,531 bbl$21,689,551
Casinghead gasProduction1,788,973 Mcf$6,427,261
Total$28,116,812

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 31.8259, -101.7228. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.82587, -101.72276 · 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
8,530 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 8,530 ft.

Completions filed
Mar 2018
1 of 1 wells

1 well

42-173376103907WA8,530 ftMar 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 (99)

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

99 months

May 20261273,647106.413.05$24,622
Apr 20261753,79098.932.87$28,189
Mar 20262008,92389.753.15$46,052
Feb 20265007,99063.503.75$61,715
Jan 20266487,00559.138.00$94,342
Dec 20254474,33556.664.41$44,459
Nov 20254647,72658.593.93$57,521
Oct 20256229,92959.383.30$69,748
Sep 202548611,46762.743.08$65,775
Aug 20256369,19063.933.01$68,365
Jul 20257946,16066.743.32$73,413
Jun 202571010,90666.483.13$81,323
May 20251,05425,59460.553.23$146,548
Apr 202595317,34562.363.54$120,885
Mar 202577613,31667.704.27$109,372
Feb 202573513,99370.884.34$112,838
Jan 202582912,85974.324.28$116,631
Dec 202499815,75368.993.12$118,023
Nov 202451715,28769.052.20$69,306
Oct 202452814,13471.372.28$69,929
Sep 202449515,12169.612.36$70,208
Aug 202442515,87075.632.06$64,893
Jul 202430810,37779.932.15$46,894
Jun 2024641,68978.082.63$9,446
May 20245941778.812.20$5,567
Apr 20245239,76484.451.66$60,368
Mar 202438212,13080.301.55$49,417
Feb 202444513,03876.091.78$57,115
Jan 202426915,54773.023.30$70,911
Dec 202330817,35271.262.61$67,249
Nov 202339014,84477.892.81$72,053
Oct 202362114,30085.443.09$97,206
Sep 202349514,77789.042.74$84,490
Aug 20233619,77980.522.67$55,206
Jul 20235887,91974.852.64$64,932
Jun 20235377,33268.962.26$53,591
May 202373210,46470.622.23$75,001
Apr 202364210,79578.122.24$74,310
Mar 202363914,59772.852.39$81,484
Feb 202360213,80375.112.47$79,250
Jan 202367716,88976.533.39$109,026
Dec 202273018,41976.415.73$161,303
Nov 202272724,93685.005.65$202,589
Oct 202294823,60087.185.86$221,031
Sep 20221,14720,90584.888.16$268,019
Aug 20221,00922,19994.529.13$297,985
Jul 202294422,162101.587.54$263,039
Jun 202281422,752115.097.98$275,181
May 202291724,778109.378.43$309,246
Apr 20221,09522,756104.226.84$269,717
Mar 202297222,001108.885.08$217,517
Feb 202280322,71991.054.86$183,501
Jan 20221,28222,74881.844.54$208,142
Dec 20211,18924,68471.323.90$181,045
Nov 20211,35223,58077.435.24$228,170
Oct 20211,41524,04279.795.71$250,276
Sep 20211,43824,30969.865.35$230,534
Aug 20211,59324,90566.024.22$210,284
Jul 20211,68925,81070.783.98$222,325
Jun 20211,71726,85169.493.38$210,087
May 20212,19533,05963.483.02$239,100
Apr 20212,16629,28160.362.76$211,509
Mar 20213,02329,50761.302.72$265,479
Feb 20211,97121,11057.805.55$231,041
Jan 20213,05928,55750.412.81$234,457
Dec 20203,67926,97644.642.68$236,404
Nov 20203,20417,51738.772.71$171,630
Oct 20202,11714,20436.972.48$113,469
Sep 20203,55317,89637.091.99$167,412
Aug 20201,5408,89839.982.39$82,792
Jul 20203,48822,16038.371.83$174,279
Jun 20203,49621,66934.901.69$158,638
May 20204,29222,93516.921.81$114,242
Apr 20204,63421,56214.751.80$107,258
Mar 20205,25221,01730.341.86$198,358
Feb 20205,60820,74449.881.98$320,814
Jan 20207,11920,17157.252.09$449,816
Dec 201910,02127,19559.012.30$654,006
Nov 20194,6355,10955.302.75$270,369
Oct 20191,5113,65553.472.42$89,633
Sep 20192,3015,97755.052.66$142,553
Aug 20194,76513,39253.112.30$283,929
Jul 20195,90115,89656.272.46$371,154
Jun 20196,68316,55252.782.49$393,963
May 20194,2519,42458.482.74$274,423
Apr 20197,46727,28462.632.75$542,708
Mar 201910,94238,61656.803.06$739,752
Feb 201911,66840,89850.852.79$707,514
Jan 201910,19620,90446.033.23$536,804
Dec 201810,43824,13346.594.19$587,314
Nov 201813,50426,67252.934.24$827,782
Oct 201813,68430,41061.443.40$944,081
Sep 201818,20232,92659.543.11$1,186,081
Aug 201819,09537,03659.403.07$1,247,816
Jul 20187,40210,60365.142.93$513,253
Jun 201822,08930,16860.183.08$1,422,141
May 201829,75535,58265.382.90$2,048,598
Apr 201826,05925,20663.842.90$1,736,724
Mar 201828,02423,76361.222.79$1,781,853

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                  127 bbl  × $106.41 =    $13,514
Casinghead gas     3,647 Mcf  × $  3.05 =    $11,108

────────────────────────────────────────────────────
Month total                                  $24,622

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/51850 is the state's own key, not one this site invented.