REED 1 G

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 52361District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$23.1 M
Nov 2018 – May 2026
Value, last 12 filed months
$1.2 M
at the published price for each month
Months reported
91
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
OilDisposition342,585 bbl$18,983,988
Casinghead gasProduction1,210,812 Mcf$4,091,640
Total$23,075,628

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 32.4146, -101.6560. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.41458, -101.65595 · 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
7,935 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 7,935 ft.

Completions filed
Jan 2021
1 of 1 wells

1 well

42-227396874LS7,935 ftJan 2021

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 (91)

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

91 months

May 202656221,243106.413.05$124,505
Apr 202658623,89098.932.87$126,531
Mar 202665722,80689.753.15$130,792
Feb 202654718,22163.503.75$103,069
Jan 202668416,49959.138.00$172,403
Dec 202545916,69856.664.41$99,701
Nov 202557214,87558.593.93$91,919
Oct 20255409,76359.383.30$64,330
Sep 20254988,61862.743.08$57,761
Aug 20256156,04963.933.01$57,553
Jul 20257998,32666.743.32$80,928
Jun 20256547,29166.483.13$66,289
May 202566610,31660.553.23$73,671
Apr 20253927,47062.363.54$50,912
Mar 20252299,10067.704.27$54,345
Feb 20251705,78270.884.34$37,148
Jan 20251955,77574.324.28$39,202
Dec 20242915,15568.993.12$36,167
Nov 20242534,44769.052.20$27,246
Oct 20243459,50571.372.28$46,307
Sep 20242698,40969.612.36$38,607
Aug 20242598,80675.632.06$37,761
Jul 20243059,15879.932.15$44,037
Jun 20244599,23678.082.63$60,166
May 202465312,72478.812.20$79,436
Apr 202458510,33484.451.66$66,549
Mar 202474511,50580.301.55$77,600
Feb 20247035,98776.091.78$64,170
Jan 202456910,01673.023.30$74,578
Dec 20238679,72571.262.61$87,172
Nov 20231,03110,17577.892.81$108,872
Oct 20239248,78085.443.09$106,053
Sep 20239659,43689.042.74$111,731
Aug 20231,1669,32180.522.67$118,800
Jul 20231,27810,89374.852.64$124,435
Jun 202398110,11568.962.26$90,494
May 20231,0453,28670.622.23$81,117
Apr 20231,4639,27478.122.24$135,043
Mar 20231,4089,25672.852.39$124,724
Feb 20231,36410,57075.112.47$128,512
Jan 20231,59510,54276.533.39$157,779
Dec 20227564,31076.415.73$82,458
Nov 20221,6009,48685.005.65$189,560
Oct 20221,92811,29787.185.86$234,326
Sep 20221,73710,98484.888.16$237,106
Aug 20221,78112,68794.529.13$284,136
Jul 20221,91413,913101.587.54$299,357
Jun 20221,90711,692115.097.98$312,746
May 20222,06211,663109.378.43$323,875
Apr 20222,15911,128104.226.84$301,100
Mar 20222,50012,761108.885.08$336,980
Feb 20221,63110,92591.054.86$201,585
Jan 20221,82810,59481.844.54$197,676
Dec 20212,13118,79771.323.90$225,275
Nov 20211,80712,88677.435.24$207,398
Oct 20211,4598,90579.795.71$167,296
Sep 20211,4296,94869.865.35$137,008
Aug 20212,79915,54466.024.22$250,395
Jul 20213,14716,41870.783.98$288,122
Jun 20213,30813,87169.493.38$276,766
May 20213,0869,49663.483.02$224,555
Apr 20213,8039,45860.362.76$255,638
Mar 20213,1219,12461.302.72$216,107
Feb 20211,6667,04257.805.55$135,363
Jan 20212,95114,87850.412.81$190,571
Dec 20204,03228,22744.642.68$255,509
Nov 20204,80625,15838.772.71$254,421
Oct 20205,25329,91936.972.48$268,356
Sep 20205,98020,50237.091.99$262,619
Aug 20205,90422,18639.982.39$288,958
Jul 20206,22119,29738.371.83$273,919
Jun 20205,96318,37034.901.69$239,160
May 20207,39021,68316.921.81$164,388
Apr 20207,35520,63214.751.80$145,714
Mar 20208,46722,96630.341.86$299,519
Feb 20207,19214,51549.881.98$387,486
Jan 20208,51415,42757.252.09$519,742
Dec 201910,04118,33559.012.30$634,770
Nov 201910,27912,14755.302.75$601,841
Oct 20193,1182,32153.472.42$172,333
Sep 20194,5007,70555.052.66$268,199
Aug 201910,62621,48053.112.30$613,845
Jul 201912,07923,51356.272.46$737,529
Jun 201911,64620,29752.782.49$665,240
May 201913,92921,12858.482.74$872,465
Apr 201916,46322,43362.632.75$1,092,784
Mar 201921,19723,70056.803.06$1,276,561
Feb 201922,32121,06750.852.79$1,193,847
Jan 20192,9452,84846.033.23$144,752
Dec 201833,73639,06546.594.19$1,735,264
Nov 201811,77011,70752.934.24$672,591

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                  562 bbl  × $106.41 =    $59,802
Casinghead gas    21,243 Mcf  × $  3.05 =    $64,703

────────────────────────────────────────────────────
Month total                                 $124,505

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/52361 is the state's own key, not one this site invented.