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LIBERTY BELLE 23-18 UNIT 1

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 53068District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$104.0 M
Aug 2019 – May 2026
Value, last 12 filed months
$2.9 M
at the published price for each month
Months reported
82
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
OilDisposition1,475,125 bbl$86,505,089
Casinghead gasProduction5,304,239 Mcf$17,485,004
Total$103,990,093

Wells on this lease (5)

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 32.3534, -101.7910. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

32.35339, -101.79104 · 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 5 wells
With a plug date
0.0%
0 of 5 wells
Median depth
8,749 ft
5 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.
5100.0%

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

Between 8,594 and 8,767 ft, median 8,749 ft, over the 5 wells that filed a depth.

Completions filed
Aug 2019
5 of 5 wells

5 wells

42-317417612218,749 ftAug 2019——
42-317417622318,594 ftAug 2019——
42-317417632328,764 ftAug 2019——
42-317417642418,604 ftAug 2019——
42-317417662428,767 ftAug 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 (82)

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

82 months

May 20263,4924,937106.413.05$386,621
Apr 20262,4302,06798.932.87$246,332
Mar 20261,33785089.753.15$122,673
Feb 202637918163.503.75$24,745
Jan 202664580259.138.00$44,553
Dec 20258542,21756.664.41$58,172
Nov 20252,5638,00258.593.93$181,586
Oct 20252,52414,37259.383.30$197,372
Sep 20252,85717,17962.743.08$232,107
Aug 20253,18824,18763.933.01$276,727
Jul 20256,47844,08966.743.32$578,506
Jun 20256,64747,55466.483.13$590,676
May 20256,75150,32160.553.23$571,427
Apr 20256,34445,71662.363.54$557,589
Mar 20255,70535,05067.704.27$535,833
Feb 20254,60432,80170.884.34$468,715
Jan 20256,02140,11174.324.28$619,103
Dec 20246,53645,85668.993.12$594,052
Nov 20246,72745,19169.052.20$563,849
Oct 20247,62850,78271.372.28$660,264
Sep 20245,79757,02869.612.36$538,364
Aug 20247,55350,32875.632.06$675,092
Jul 20247,02752,92679.932.15$675,279
Jun 20247,93050,96778.082.63$753,420
May 20246,01941,85678.812.20$566,375
Apr 20247,24154,64984.451.66$702,176
Mar 20247,01553,34780.301.55$645,733
Feb 20247,95064,95176.091.78$720,765
Jan 20248,76463,11073.023.30$848,063
Dec 20237,63951,94871.262.61$679,977
Nov 20239,04768,17377.892.81$896,071
Oct 20239,24562,20985.443.09$981,949
Sep 20238,93357,28789.042.74$952,077
Aug 20238,77853,31280.522.67$849,301
Jul 20237,49537,30174.852.64$659,543
Jun 20237,40850,93568.962.26$625,891
May 20239,32260,49370.622.23$793,062
Apr 20237,73749,68478.122.24$715,595
Mar 202310,73369,40772.852.39$948,001
Feb 202311,05359,20875.112.47$976,179
Jan 202311,31665,46576.533.39$1,087,791
Dec 202210,31855,50976.415.73$1,106,414
Nov 20229,82853,88185.005.65$1,139,603
Oct 202211,38253,15487.185.86$1,303,965
Sep 202211,51952,57784.888.16$1,406,955
Aug 202211,55754,89694.529.13$1,593,412
Jul 202211,06453,840101.587.54$1,529,947
Jun 202211,12369,396115.097.98$1,833,732
May 202212,45676,670109.378.43$2,008,874
Apr 202212,39472,700104.226.84$1,788,796
Mar 202213,05674,549108.885.08$1,799,978
Feb 202211,34662,66891.054.86$1,337,547
Jan 202213,72068,47581.844.54$1,433,562
Dec 202113,15462,25771.323.90$1,180,891
Nov 202113,02167,04577.435.24$1,359,321
Oct 202115,32475,07979.795.71$1,651,694
Sep 202115,46573,58469.865.35$1,474,127
Aug 202116,22280,72266.024.22$1,411,671
Jul 202117,23177,80270.783.98$1,529,424
Jun 202116,96684,79669.493.38$1,465,630
May 202118,61386,01763.483.02$1,441,124
Apr 202118,60382,15960.362.76$1,349,506
Mar 202121,30990,49861.302.72$1,552,119
Feb 202117,18768,23957.805.55$1,371,995
Jan 202122,29191,47550.412.81$1,380,759
Dec 202023,04284,38244.642.68$1,254,356
Nov 202022,05179,03738.772.71$1,068,836
Oct 202026,04199,06936.972.48$1,208,271
Sep 202028,405102,65737.091.99$1,257,936
Aug 202028,93298,05539.982.39$1,390,572
Jul 202028,596106,81938.371.83$1,292,186
Jun 202034,024129,33134.901.69$1,406,047
May 202036,521109,28416.921.81$816,258
Apr 202040,256142,02814.751.80$850,048
Mar 202046,798151,01430.341.86$1,700,168
Feb 202050,390127,74749.881.98$2,766,478
Jan 202056,365108,46457.252.09$3,454,100
Dec 201969,306154,72359.012.30$4,446,285
Nov 201980,435134,37555.302.75$4,817,681
Oct 2019102,340109,37453.472.42$5,736,645
Sep 2019118,472115,18455.052.66$6,827,960
Aug 201980,29077,85953.112.30$4,443,617

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                3,492 bbl  × $106.41 =   $371,584
Casinghead gas     4,937 Mcf  × $  3.05 =    $15,037

────────────────────────────────────────────────────
Month total                                 $386,621

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/53068 is the state's own key, not one this site invented.