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RHEA 1-6 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 54515District 08Field 85280300OilCasinghead gasSave
Value, all time
$213.8 M
Feb 2020 – May 2026
Value, last 12 filed months
$14.0 M
at the published price for each month
Months reported
76
no gaps in the span
Streams
2
oil, casinghead gas

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
OilDisposition2,674,471 bbl$194,808,033
Casinghead gasProduction4,774,126 Mcf$19,024,987
Total$213,833,020

Wells on this lease (9)

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 32.3824, -101.7994. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

32.38293, -101.79970 · 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
11.1%
1 of 9 wells
With a plug date
11.1%
1 of 9 wells
Median depth
8,740 ft
9 wells filed one
Completion to plug
5 months
median over 1 wells

What the state filed about each well

On the RRC proration schedule
111.1%
A plug date is filed
111.1%
BothOn the schedule and plugged. Neither fact cancels the other.
111.1%
NeitherNo plug date, and not on the schedule.
888.9%

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

0k
2k
4k
6k
8k
10k
12k
15k
20k+

Total depth in feet, 9 of 9 wells. Median 8,740 ft, with the middle half between 8,266 and 8,760 ft; the shallowest is 1,231 ft and the deepest 8,990 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

When they were last completed

20s

Last completion by decade, 9 of 9 wells, Feb 2020 – Dec 2020. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Feb 2020 – Dec 2020
9 of 9 wells
Plug dates filed
Jul 2020
1 of 9 wells; 8 filed none

Last completion to plug: a median of 5 months across the 1 well that filed both dates, with the middle half between 5 months and 5 months. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

9 wells

42-317428592118,990 ftDec 2020——
42-317428601128,261 ftDec 2020——
42-317428612218,740 ftDec 2020——
42-317428631238,266 ftDec 2020——
42-317428642318,760 ftDec 2020——
42-317428652328,911 ftDec 2020——
42-317428661338,291 ftDec 2020——
42-317428672418,754 ftDec 2020——
42-317428622221,231 ftFeb 2020Jul 2020Yes

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 (76)

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

76 months

May 202611,53968,626106.413.05$1,436,889
Apr 202611,36066,43798.932.87$1,314,500
Mar 202613,20768,53589.753.15$1,401,175
Feb 202613,19662,51463.503.75$1,072,394
Jan 202610,35054,06459.138.00$1,044,395
Dec 202513,12268,92456.664.41$1,047,679
Nov 202513,91872,24858.593.93$1,099,133
Oct 202513,04764,00359.383.30$986,251
Sep 202514,14577,60662.743.08$1,126,245
Aug 202516,15576,39563.933.01$1,263,102
Jul 202514,76658,73366.743.32$1,180,194
Jun 202513,08056,57066.483.13$1,046,550
May 202516,70877,24860.553.23$1,261,360
Apr 202517,85576,74162.363.54$1,385,340
Mar 202516,22466,12767.704.27$1,380,616
Feb 202515,72859,44470.884.34$1,372,838
Jan 202517,80365,96974.324.28$1,605,379
Dec 202417,49462,77468.993.12$1,402,852
Nov 202418,87866,03769.052.20$1,448,704
Oct 202418,88662,61471.372.28$1,490,741
Sep 202418,93162,32869.612.36$1,465,153
Aug 202420,53666,21275.632.06$1,689,775
Jul 202421,65368,12479.932.15$1,876,959
Jun 202422,34766,39778.082.63$1,919,742
May 202423,02961,62078.812.20$1,950,383
Apr 202422,71258,02184.451.66$2,014,297
Mar 202424,80260,88580.301.55$2,085,676
Feb 202424,23257,89876.091.78$1,947,082
Jan 202425,63857,27073.023.30$2,060,944
Dec 202326,83059,29871.262.61$2,066,716
Nov 202325,62152,68077.892.81$2,143,522
Oct 202319,84642,91485.443.09$1,828,130
Sep 202314,28822,26589.042.74$1,333,099
Aug 202311,64013,20580.522.67$972,548
Jul 202313,71219,69474.852.64$1,078,371
Jun 202310,09926,02868.962.26$755,211
May 202331,32368,68770.622.23$2,365,024
Apr 202330,49758,97478.122.24$2,514,395
Mar 202322,86548,27472.852.39$1,781,243
Feb 202329,56256,73175.112.47$2,360,282
Jan 202334,77169,97476.533.39$2,898,077
Dec 202233,67761,19076.415.73$2,923,822
Nov 202233,86159,81185.005.65$3,215,890
Oct 202233,93763,77387.185.86$3,332,577
Sep 202236,89174,75984.888.16$3,741,617
Aug 202244,54883,44794.529.13$4,972,311
Jul 202247,80183,508101.587.54$5,485,450
Jun 202249,77485,218115.097.98$6,408,291
May 202254,21082,893109.378.43$6,627,988
Apr 202257,20684,666104.226.84$6,540,922
Mar 202258,36171,322108.885.08$6,716,405
Feb 202249,43254,02291.054.86$4,763,268
Jan 202231,44142,16981.844.54$2,764,481
Dec 202156,45088,62171.323.90$4,371,558
Nov 202166,08698,54877.435.24$5,633,120
Oct 202169,746102,79979.795.71$6,152,413
Sep 202175,879114,63669.865.35$5,914,315
Aug 202184,335112,24966.024.22$6,041,554
Jul 202194,668116,51470.783.98$7,164,569
Jun 202196,59893,62769.493.38$7,029,112
May 2021119,349131,88363.483.02$7,974,254
Apr 2021135,413164,68360.362.76$8,627,794
Mar 2021167,609158,70161.302.72$10,705,613
Feb 2021139,061114,00557.805.55$8,670,220
Jan 2021200,749155,75950.412.81$10,557,482
Dec 202064,99446,23544.642.68$3,025,032
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0

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               11,539 bbl  × $106.41 = $1,227,865
Casinghead gas    68,626 Mcf  × $  3.05 =   $209,024

────────────────────────────────────────────────────
Month total                               $1,436,889

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/54515 is the state's own key, not one this site invented.