SHARKTOOTH 3-4

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 51998District 08Field 41911500OilCasinghead gasSave
Value, all time
$166.1 M
Jan 2019 – May 2026
Value, last 12 filed months
$35.0 M
at the published price for each month
Months reported
89
no gaps in the span
Streams
2
oil, casinghead gas

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
OilDisposition2,007,757 bbl$135,285,360
Casinghead gasProduction9,406,271 Mcf$30,809,897
Total$166,095,257

Wells on this lease (9)

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 31.2531, -103.1020. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.8 miles.

31.25219, -103.10213 · 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 9 wells
With a plug date
0.0%
0 of 9 wells
Median depth
9,850 ft
9 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.
9100.0%

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

0k
2k
4k
6k
8k
10k
12k
15k
20k+

Total depth in feet, 9 of 9 wells. Median 9,850 ft, with the middle half between 9,238 and 10,498 ft; the shallowest is 9,182 ft and the deepest 10,522 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

When they were last completed

10s
20s

Last completion by decade, 9 of 9 wells, Apr 2019 – Oct 2024. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Apr 2019 – Oct 2024
9 of 9 wells

9 wells

42-389409598TB9,850 ftOct 2024
42-389401346SB9,195 ftOct 2024
42-389409609TB9,815 ftOct 2024
42-389401357SB9,182 ftOct 2024
42-389401334SB9,238 ftApr 2024
42-389401313TB9,870 ftDec 2023
42-389401325WA10,522 ftNov 2023
42-389373392WA10,498 ftMay 2020
42-389373371WA10,511 ftApr 2019

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 (89)

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

89 months

May 202626,484110,845106.413.05$3,155,779
Apr 202628,622140,11798.932.87$3,233,671
Mar 202625,542133,99989.753.15$2,714,416
Feb 202627,048139,72763.503.75$2,241,569
Jan 202630,934160,70059.138.00$3,114,393
Dec 202530,931170,12356.664.41$2,503,365
Nov 202533,074182,57958.593.93$2,654,691
Oct 202533,518175,38259.383.30$2,569,908
Sep 202534,302182,75862.743.08$2,714,439
Aug 202537,643203,05563.933.01$3,018,679
Jul 202541,682222,11766.743.32$3,518,219
Jun 202543,068216,83166.483.13$3,541,564
May 202547,506232,14060.553.23$3,626,839
Apr 202549,546245,56362.363.54$3,959,748
Mar 202561,097294,58167.704.27$5,393,633
Feb 202566,189290,71370.884.34$5,953,415
Jan 202587,998338,81774.324.28$7,989,701
Dec 2024114,512344,65068.993.12$8,975,963
Nov 2024139,797324,70569.052.20$10,366,827
Oct 202461,977164,85571.372.28$4,799,399
Sep 202433,23987,91569.612.36$2,521,630
Aug 202431,549108,70175.632.06$2,610,370
Jul 202439,195136,16679.932.15$3,425,149
Jun 202428,12094,63478.082.63$2,444,874
May 202439,395126,97578.812.20$3,383,867
Apr 202444,056136,60884.451.66$3,947,189
Mar 202439,549144,23480.301.55$3,398,645
Feb 202440,241128,86276.091.78$3,291,781
Jan 202452,029130,79773.023.30$4,230,482
Dec 202324,62373,42771.262.61$1,946,332
Nov 20231,97929,54977.892.81$237,105
Oct 20232,97848,74585.443.09$404,930
Sep 20232,85441,58889.042.74$367,865
Aug 20232,82350,88480.522.67$363,315
Jul 20232,76454,52474.852.64$350,927
Jun 20232,83547,75268.962.26$303,349
May 20233,58747,39170.622.23$358,873
Apr 20234,54552,97278.122.24$473,594
Mar 20236,03855,82672.852.39$573,469
Feb 20233,86630,95675.112.47$366,703
Jan 20231,91538,41776.533.39$276,701
Dec 20223,67057,81276.415.73$611,634
Nov 20223,68657,10985.005.65$635,759
Oct 20223,82059,59087.185.86$682,449
Sep 20224,09858,02684.888.16$821,544
Aug 20224,40747,88194.529.13$853,567
Jul 20225,76445,171101.587.54$926,190
Jun 20225,56361,979115.097.98$1,134,665
May 20225,28865,248109.378.43$1,128,588
Apr 20223,42827,631104.226.84$546,196
Mar 20225,81070,302108.885.08$989,474
Feb 20225,77948,73991.054.86$762,993
Jan 20226,42959,99381.844.54$798,378
Dec 20216,34563,10871.323.90$698,591
Nov 20215,02748,60777.435.24$643,788
Oct 20217,13919,75579.795.71$682,498
Sep 20217,24222,97469.865.35$628,858
Aug 20217,72928,48066.024.22$630,471
Jul 20217,94427,75070.783.98$672,779
Jun 20217,27029,86369.493.38$606,148
May 20218,56429,84563.483.02$633,705
Apr 20218,25128,60160.362.76$576,924
Mar 20218,84029,59861.302.72$622,308
Feb 20217,06425,29657.805.55$548,640
Jan 20219,09014,13350.412.81$497,944
Dec 20209,34422,61744.642.68$477,627
Nov 20208,66514,56638.772.71$375,366
Oct 20209,21218,26736.972.48$385,841
Sep 202010,21730,40537.091.99$439,486
Aug 202010,69733,37739.982.39$507,274
Jul 202010,74146,24738.371.83$496,538
Jun 202010,68485,15634.901.69$516,812
May 202010,18081,72716.921.81$320,560
Apr 202012,208103,47814.751.80$366,782
Mar 202013,818116,16130.341.86$634,860
Feb 202013,828114,89549.881.98$917,310
Jan 202016,097135,01757.252.09$1,204,379
Dec 201917,435147,75359.012.30$1,369,315
Nov 201918,183154,43055.302.75$1,430,311
Oct 201921,825176,72053.472.42$1,594,387
Sep 201926,167206,36755.052.66$1,988,868
Aug 201927,569165,28853.112.30$1,845,073
Jul 201933,708194,07856.272.46$2,374,193
Jun 201943,772215,77552.782.49$2,847,825
May 201970,500269,03358.482.74$4,860,077
Apr 201935,010106,24362.632.75$2,484,919
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0

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               26,484 bbl  × $106.41 = $2,818,162
Casinghead gas   110,845 Mcf  × $  3.05 =   $337,616

────────────────────────────────────────────────────
Month total                               $3,155,779

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/51998 is the state's own key, not one this site invented.