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LIBERTY BELLE 23-18 UNIT 2

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 53079District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$127.1 M
Aug 2019 – May 2026
Value, last 12 filed months
$5.2 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
OilDisposition1,830,670 bbl$107,940,622
Casinghead gasProduction5,720,852 Mcf$19,117,226
Total$127,057,848

Wells on this lease (6)

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 32.3520, -101.7976. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

32.35193, -101.79785 · 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 6 wells
With a plug date
0.0%
0 of 6 wells
Median depth
8,691 ft
6 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.
6100.0%

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 8,614 and 8,776 ft, median 8,691 ft, over the 6 wells that filed a depth.

Completions filed
Aug 2019
6 of 6 wells

6 wells

42-317417672518,626 ftAug 2019——
42-317417682618,763 ftAug 2019——
42-317417692628,614 ftAug 2019——
42-317417702718,755 ftAug 2019——
42-317417722818,619 ftAug 2019——
42-317417732828,776 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 20263,62712,487106.413.05$423,982
Apr 20262,3835,00698.932.87$250,116
Mar 20261,4061,62489.753.15$131,303
Feb 20261,4474,82363.503.75$109,972
Jan 20265,46422,74959.138.00$505,031
Dec 20254,76135,68356.664.41$427,240
Nov 20255,83832,64558.593.93$470,227
Oct 20254,46126,19959.383.30$351,478
Sep 20255,75345,81562.743.08$501,912
Aug 20258,49856,64463.933.01$714,045
Jul 20257,73846,40666.743.32$670,279
Jun 20257,75040,10466.483.13$640,694
May 20255,54530,03160.553.23$432,820
Apr 20256,00337,28162.363.54$506,438
Mar 20257,08442,34667.704.27$660,333
Feb 20255,68736,07070.884.34$559,669
Jan 20257,11241,24174.324.28$705,021
Dec 20248,85244,22468.993.12$748,739
Nov 20248,61134,64769.052.20$670,759
Oct 20248,62834,60371.372.28$694,724
Sep 20245,17612,13369.612.36$388,988
Aug 20248,92544,97275.632.06$767,803
Jul 20248,18041,03979.932.15$741,921
Jun 20247,17234,23878.082.63$650,172
May 20243,66824,81578.812.20$343,629
Apr 20247,96942,98084.451.66$744,294
Mar 20248,35946,91580.301.55$743,717
Feb 20249,67459,74076.091.78$842,649
Jan 202410,41461,47973.023.30$963,167
Dec 20239,36356,77571.262.61$815,431
Nov 20239,94866,41477.892.81$961,311
Oct 202310,76274,67585.443.09$1,150,048
Sep 202311,55081,93789.042.74$1,252,513
Aug 202312,80784,26680.522.67$1,256,453
Jul 202310,08479,73574.852.64$965,431
Jun 202310,85672,05168.962.26$911,356
May 202313,08084,37470.622.23$1,111,644
Apr 202311,66867,40978.122.24$1,062,349
Mar 202314,07684,18772.852.39$1,226,910
Feb 202311,65056,82375.112.47$1,015,139
Jan 202313,24064,08276.533.39$1,230,349
Dec 202214,08874,25876.415.73$1,501,894
Nov 202213,74064,60485.005.65$1,532,667
Oct 202214,32980,80787.185.86$1,723,035
Sep 202214,09174,48284.888.16$1,804,091
Aug 202212,03166,40394.529.13$1,743,241
Jul 202214,06472,457101.587.54$1,975,098
Jun 202214,71070,450115.097.98$2,254,968
May 202215,86773,121109.378.43$2,352,006
Apr 202216,47471,090104.226.84$2,203,005
Mar 202217,92468,116108.885.08$2,297,349
Feb 202215,29251,33091.054.86$1,641,741
Jan 202217,88471,04681.844.54$1,786,011
Dec 202118,72270,76171.323.90$1,611,159
Nov 202118,06862,56677.435.24$1,726,654
Oct 202118,88068,19379.795.71$1,896,081
Sep 202118,66167,32769.865.35$1,663,919
Aug 202120,21875,00266.024.22$1,651,345
Jul 202121,13575,87270.783.98$1,798,064
Jun 202120,65384,10269.493.38$1,719,494
May 202123,08374,03463.483.02$1,688,719
Apr 202123,12670,10160.362.76$1,589,253
Mar 202126,11769,93161.302.72$1,790,970
Feb 202120,00654,16057.805.55$1,456,824
Jan 202126,63875,79650.412.81$1,555,829
Dec 202027,51376,62244.642.68$1,433,179
Nov 202023,15947,00438.772.71$1,025,094
Oct 202033,43094,96636.972.48$1,471,274
Sep 202030,80279,75537.091.99$1,301,242
Aug 202032,81093,58439.982.39$1,534,951
Jul 202038,847113,96838.371.83$1,698,565
Jun 202041,255119,17534.901.69$1,641,242
May 202043,37096,82416.921.81$909,532
Apr 202046,088129,28014.751.80$913,068
Mar 202056,965160,84430.341.86$2,026,882
Feb 202059,506156,27249.881.98$3,277,683
Jan 202073,468185,91357.252.09$4,595,482
Dec 201986,868208,08759.012.30$5,605,588
Nov 201998,782190,49255.302.75$5,986,631
Oct 2019133,141178,28053.472.42$7,550,227
Sep 2019145,724138,22155.052.66$8,389,398
Aug 201997,87293,88953.112.30$5,414,336

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                3,627 bbl  × $106.41 =   $385,949
Casinghead gas    12,487 Mcf  × $  3.05 =    $38,033

────────────────────────────────────────────────────
Month total                                 $423,982

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/53079 is the state's own key, not one this site invented.