STEUBEN 7

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 54392District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$61.3 M
Jan 2020 – May 2026
Value, last 12 filed months
$3.4 M
at the published price for each month
Months reported
77
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
OilDisposition973,693 bbl$57,702,860
Casinghead gasProduction1,102,495 Mcf$3,578,009
Total$61,280,869

Wells on this lease (2)

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 32.2111, -101.7238. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.1 miles.

32.21106, -101.72384 · 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 2 wells
With a plug date
0.0%
0 of 2 wells
Median depth
8,162 ft
2 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.
2100.0%

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 7,955 and 8,368 ft, median 8,162 ft, over the 2 wells that filed a depth.

Completions filed
Jan 2020 – Mar 2020
2 of 2 wells

2 wells

42-317423761047,955 ftMar 2020
42-317423751038,368 ftJan 2020

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 (77)

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

77 months

May 20263,27810,293106.413.05$380,163
Apr 20262,5368,00698.932.87$273,861
Mar 20262,47412,20889.753.15$260,490
Feb 20263,74919,99963.503.75$313,064
Jan 20264,21718,46759.138.00$397,049
Dec 20253,18317,82156.664.41$258,999
Nov 20252,65315,43258.593.93$216,032
Oct 20253,62519,23859.383.30$278,831
Sep 20253,61815,98462.743.08$276,175
Aug 20252,64811,88863.933.01$205,126
Jul 20253,20815,58766.743.32$265,776
Jun 20253,88115,80866.483.13$307,468
May 20255,02820,21360.553.23$369,780
Apr 20254,97019,72262.363.54$379,807
Mar 20255,36420,88667.704.27$452,291
Feb 20253,19515,23870.884.34$292,607
Jan 20255,27118,25974.324.28$469,865
Dec 20246,01121,34268.993.12$481,315
Nov 20244,56614,73269.052.20$347,670
Oct 20244,75415,09671.372.28$373,733
Sep 20248,61722,64969.612.36$653,380
Aug 20248,77824,00575.632.06$713,418
Jul 20244,53715,55479.932.15$396,030
Jun 20246,55222,42678.082.63$570,650
May 20247,04025,49978.812.20$610,880
Apr 20248,13821,54784.451.66$723,005
Mar 20244,8499,14980.301.55$403,511
Feb 20246,39413,70376.091.78$510,961
Jan 20247,68120,12573.023.30$627,232
Dec 20239,38321,04671.262.61$723,578
Nov 20236,82914,11277.892.81$571,531
Oct 20237,25413,88985.443.09$662,661
Sep 20237,47812,79289.042.74$700,828
Aug 20237,8309,29080.522.67$655,303
Jul 202311,76113,68674.852.64$916,467
Jun 202310,18311,23468.962.26$727,591
May 202312,33112,44870.622.23$898,542
Apr 20231,6712,73478.122.24$136,657
Mar 202310,3594,37572.852.39$765,123
Feb 202321,7248,98475.112.47$1,653,841
Jan 20238,0761,75276.533.39$623,992
Dec 20221,778076.415.73$135,857
Nov 20225,62217485.005.65$478,852
Oct 202217,220887.185.86$1,501,287
Sep 202216,3652884.888.16$1,389,290
Aug 202210,6765,03794.529.13$1,055,069
Jul 20228,69111,927101.587.54$972,786
Jun 20224,6254,262115.097.98$566,290
May 20227,1503,142109.378.43$808,492
Apr 20224,9356,654104.226.84$559,823
Mar 202215,43314,645108.885.08$1,754,689
Feb 202214,38414,31491.054.86$1,379,213
Jan 202215,50414,04581.844.54$1,332,579
Dec 202116,44016,46871.323.90$1,236,712
Nov 202117,84413,73877.435.24$1,453,605
Oct 202118,88317,89379.795.71$1,608,913
Sep 202119,00314,50669.865.35$1,405,170
Aug 202118,36315,75066.024.22$1,278,800
Jul 202122,45820,45170.783.98$1,671,015
Jun 202124,33821,26369.493.38$1,763,130
May 202125,96819,88363.483.02$1,708,449
Apr 202125,70816,59560.362.76$1,597,511
Mar 20219,3474,94361.302.72$586,401
Feb 202118,19013,80057.805.55$1,127,944
Jan 202124,73616,87050.412.81$1,294,351
Dec 202019,51215,74544.642.68$913,141
Nov 202020,56616,46938.772.71$841,918
Oct 202011,8395,65136.972.48$451,693
Sep 202021,98913,95037.091.99$843,347
Aug 202026,8915,65139.982.39$1,088,580
Jul 202034,36721,00838.371.83$1,357,004
Jun 202038,05720,75434.901.69$1,363,270
May 202054,49336,17116.921.81$987,663
Apr 202058,08238,12314.751.80$925,498
Mar 202030,51219,60130.341.86$962,118
Feb 202023,6238,73249.881.98$1,195,610
Jan 202014,4077,02657.252.09$839,518

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                3,278 bbl  × $106.41 =   $348,812
Casinghead gas    10,293 Mcf  × $  3.05 =    $31,351

────────────────────────────────────────────────────
Month total                                 $380,163

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/54392 is the state's own key, not one this site invented.