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STATE REED C 11-12

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 53312District 08Field 41911500Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$20.0 M
May 2019 – May 2026
Value, last 12 filed months
$1.6 M
at the published price for each month
Months reported
85
no gaps in the span
Streams
2
oil, casinghead gas

The HOEFS T-K (WOLFCAMP) 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 612 leases and 960 wells, and the rule below applies to all of them.

Discovered
1988-02-06
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 160 acres. The field rule took effect on 2019-12-17.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: “COMPLETION DATE DUE TO RECLASS USING HEPTANES PLUS ANNALYSIS.”

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
OilDisposition185,700 bbl$10,733,603
Casinghead gasProduction2,889,805 Mcf$9,222,545
Total$19,956,148

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 31.0732, -102.8923. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.07317, -102.89229 · 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
9,813 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 9,813 ft.

Completions filed
May 2019
1 of 1 wells

1 well

42-371398653WA9,813 ftMay 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 (85)

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

85 months

May 202643122,923106.413.05$115,683
Apr 202640627,27998.932.87$118,449
Mar 202639226,33089.753.15$118,107
Feb 202637525,21063.503.75$118,358
Jan 202661128,57059.138.00$264,629
Dec 202533930,39456.664.41$153,347
Nov 202562228,02458.593.93$146,478
Oct 20252985,11759.383.30$34,606
Sep 202554123,52962.743.08$106,339
Aug 202547523,23463.933.01$100,412
Jul 202562036,29866.743.32$161,714
Jun 202563529,08166.483.13$133,201
May 202546423,72160.553.23$104,769
Apr 202561229,37562.363.54$142,243
Mar 202561028,38667.704.27$162,458
Feb 202559825,84270.884.34$154,562
Jan 202570024,35874.324.28$156,244
Dec 202469416,55668.993.12$99,556
Nov 202467615,21569.052.20$80,127
Oct 202464316,86971.372.28$84,376
Sep 202464416,62769.612.36$84,141
Aug 202456916,15475.632.06$76,369
Jul 202474720,29479.932.15$103,271
Jun 202481719,42078.082.63$114,943
May 202465420,31378.812.20$96,199
Apr 202466320,20984.451.66$89,521
Mar 202483421,17380.301.55$99,685
Feb 202474419,45976.091.78$91,319
Jan 202479118,66173.023.30$119,296
Dec 202378914,72671.262.61$94,670
Nov 202379514,26777.892.81$101,978
Oct 202370821,78685.443.09$127,751
Sep 202376122,48489.042.74$129,254
Aug 202356215,84580.522.67$87,604
Jul 202361620,59174.852.64$100,505
Jun 202368920,63868.962.26$94,124
May 202378722,39670.622.23$105,463
Apr 202387522,45278.122.24$118,597
Mar 202390823,75672.852.39$123,000
Feb 202378919,17375.112.47$106,536
Jan 202383621,02176.533.39$135,192
Dec 202295122,60576.415.73$202,172
Nov 20221,04630,87085.005.65$263,208
Oct 20221,04025,45687.185.86$239,935
Sep 202297023,39084.888.16$273,282
Aug 202297726,79494.529.13$336,899
Jul 202298223,743101.587.54$278,823
Jun 20221,03424,500115.097.98$314,444
May 202299320,849109.378.43$284,425
Apr 20221,05222,513104.226.84$263,574
Mar 20221,08222,434108.885.08$231,692
Feb 202295821,45891.054.86$191,487
Jan 20221,11123,27881.844.54$196,552
Dec 20211,22421,48371.323.90$171,060
Nov 20211,32334,93077.435.24$285,363
Oct 20211,54217,84179.795.71$224,977
Sep 20211,50519,96169.865.35$211,949
Aug 20211,64721,62166.024.22$199,988
Jul 20211,96828,46470.783.98$252,641
Jun 20211,95941,41869.493.38$276,149
May 20211,98433,25763.483.02$226,303
Apr 20212,07930,72960.362.76$210,252
Mar 20212,52638,75861.302.72$260,147
Feb 20212,05229,72657.805.55$283,524
Jan 20212,86742,86050.412.81$264,974
Dec 20202,88150,46244.642.68$263,617
Nov 20203,30157,35438.772.71$283,212
Oct 20203,58561,46036.972.48$284,862
Sep 20203,66256,25437.091.99$247,828
Aug 20203,07638,54339.982.39$214,907
Jul 20202,72842,55638.371.83$182,343
Jun 20201,74620,89134.901.69$96,248
May 202083016.921.81$1,404
Apr 20204,58784,28714.751.80$219,744
Mar 20205,06084,20230.341.86$309,819
Feb 20205,39973,05849.881.98$414,006
Jan 20205,39573,88257.252.09$463,627
Dec 20198,213107,77359.012.30$732,997
Nov 20196,65983,04155.302.75$596,664
Oct 20197,53597,70053.472.42$639,188
Sep 20199,59995,98955.052.66$783,495
Aug 201912,019107,86753.112.30$886,893
Jul 201916,627114,17356.272.46$1,216,474
Jun 201921,23391,51952.782.49$1,348,670
May 20191,1202,10058.482.74$71,252

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                  431 bbl  × $106.41 =    $45,863
Casinghead gas    22,923 Mcf  × $  3.05 =    $69,820

────────────────────────────────────────────────────
Month total                                 $115,683

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/53312 is the state's own key, not one this site invented.