LB EPLEY 34-46 B

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 54961District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$43.8 M
Apr 2020 – May 2026
Value, last 12 filed months
$1.9 M
at the published price for each month
Months reported
74
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
OilDisposition580,967 bbl$36,401,981
Casinghead gasProduction1,873,876 Mcf$7,375,634
Total$43,777,615

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 32.0287, -101.8930. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.02867, -101.89296 · 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
8,756 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 8,545 and 8,967 ft, median 8,756 ft, over the 2 wells that filed a depth.

Completions filed
Sep 2020 – Oct 2020
2 of 2 wells

2 wells

42-32943837102WA8,967 ftOct 2020
42-32943841502LS8,545 ftSep 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 (74)

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

74 months

May 20262,6483,631106.413.05$292,833
Apr 20261,5677,72098.932.87$177,178
Mar 20266134,56789.753.15$69,400
Feb 20269105,35863.503.75$77,879
Jan 20261,80312,89459.138.00$209,737
Dec 20252,30913,97756.664.41$192,513
Nov 20252,42913,64758.593.93$195,899
Oct 20251,95410,92659.383.30$152,137
Sep 20251,2219,86662.743.08$106,962
Aug 20251,4807,83763.933.01$118,243
Jul 20252,0775,44666.743.32$156,674
Jun 20251,4419,00066.483.13$123,956
May 20251,3275,98260.553.23$99,686
Apr 20252,3698,45362.363.54$177,681
Mar 20252,62810,43367.704.27$222,447
Feb 20252,85713,34570.884.34$260,433
Jan 20252,45913,66574.324.28$241,221
Dec 20241,84712,59068.993.12$166,723
Nov 20242,20210,19369.052.20$174,457
Oct 20241,91912,04171.372.28$164,429
Sep 20242,32416,60369.612.36$201,029
Aug 20242,43121,54375.632.06$228,313
Jul 20242,48924,94179.932.15$252,484
Jun 20242,66324,70278.082.63$272,992
May 20242,19322,87078.812.20$223,109
Apr 20242,35824,72984.451.66$240,163
Mar 20242,65026,21680.301.55$253,302
Feb 20242,70325,15376.091.78$250,535
Jan 20242,82927,81173.023.30$298,285
Dec 20233,00827,38271.262.61$285,837
Nov 20232,74426,45877.892.81$288,013
Oct 20232,97929,10985.443.09$344,393
Sep 20232,88424,58389.042.74$324,027
Aug 20232,92423,88680.522.67$299,285
Jul 20233,30526,92674.852.64$318,512
Jun 20233,02127,23868.962.26$269,845
May 20233,49627,80470.622.23$308,818
Apr 20233,52426,86578.122.24$335,412
Mar 20233,86326,49572.852.39$344,826
Feb 20233,68324,35675.112.47$336,684
Jan 20234,19531,47176.533.39$427,658
Dec 20224,02428,62076.415.73$471,440
Nov 20223,93829,69585.005.65$502,394
Oct 20224,73231,17487.185.86$595,333
Sep 20226,11733,13784.888.16$789,731
Aug 20226,50230,50394.529.13$892,975
Jul 20226,71032,438101.587.54$926,252
Jun 20227,11838,268115.097.98$1,124,482
May 20227,60137,688109.378.43$1,149,146
Apr 20228,47938,098104.226.84$1,144,180
Mar 20229,09940,092108.885.08$1,194,222
Feb 20226,98328,03191.054.86$772,000
Jan 20229,28834,98981.844.54$918,899
Dec 202111,12241,83771.323.90$956,349
Nov 202110,42436,43677.435.24$997,940
Oct 202111,39839,87979.795.71$1,137,310
Sep 202112,55442,14369.865.35$1,102,526
Aug 202114,14441,86066.024.22$1,110,461
Jul 202115,10144,58370.783.98$1,246,382
Jun 202116,59247,16969.493.38$1,312,439
May 202119,21449,38963.483.02$1,368,744
Apr 202121,36950,09560.362.76$1,428,016
Mar 202128,59160,88561.302.72$1,918,049
Feb 202123,55233,63857.805.55$1,547,928
Jan 202138,82174,46250.412.81$2,166,225
Dec 202051,01369,51744.642.68$2,463,210
Nov 202059,30555,36638.772.71$2,449,107
Oct 202065,25854,12736.972.48$2,546,738
Sep 20201,5921,04537.091.99$61,128
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

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                2,648 bbl  × $106.41 =   $281,774
Casinghead gas     3,631 Mcf  × $  3.05 =    $11,059

────────────────────────────────────────────────────
Month total                                 $292,833

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/54961 is the state's own key, not one this site invented.