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STATE REED F 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 55158District 08Field 41911500Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$20.2 M
Jan 2020 – May 2026
Value, last 12 filed months
$1.4 M
at the published price for each month
Months reported
77
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
OilDisposition156,270 bbl$8,980,595
Casinghead gasProduction2,987,645 Mcf$11,229,235
Total$20,209,830

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 31.0808, -102.8923. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.08082, -102.89234 · 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
9,868 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 9,868 ft.

Completions filed
Jan 2020
1 of 1 wells

1 well

42-371399046WA9,868 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 202651010,131106.413.05$85,127
Apr 202651715,48898.932.87$95,593
Mar 202650315,24589.753.15$93,157
Feb 202649314,11063.503.75$84,223
Jan 202676015,92059.138.00$172,266
Dec 202534515,72956.664.41$88,965
Nov 202552920,36858.593.93$110,968
Oct 202577017,39059.383.30$103,194
Sep 202591320,68362.743.08$120,922
Aug 20251,04922,86363.933.01$135,989
Jul 202590326,67666.743.32$148,703
Jun 202579524,98366.483.13$131,016
May 202540614,33160.553.23$70,906
Apr 202555917,39562.363.54$96,492
Mar 202555817,29867.704.27$111,610
Feb 202555216,45170.884.34$110,537
Jan 202564018,76374.324.28$127,846
Dec 202458319,68868.993.12$101,675
Nov 202462118,80869.052.20$84,228
Oct 202457119,95171.372.28$86,268
Sep 202457017,71069.612.36$81,551
Aug 202450817,73175.632.06$75,010
Jul 202455620,33879.932.15$88,098
Jun 202466018,86278.082.63$101,215
May 202454521,56878.812.20$90,367
Apr 202453821,54384.451.66$81,178
Mar 202465520,12080.301.55$83,685
Feb 202460219,64376.091.78$80,842
Jan 202466518,74573.023.30$110,373
Dec 202361321,86371.262.61$100,761
Nov 202364027,37177.892.81$126,695
Oct 202354224,45985.443.09$121,820
Sep 202358424,15789.042.74$118,070
Aug 202368131,76080.522.67$139,725
Jul 202398038,67174.852.64$175,514
Jun 20231,42740,53268.962.26$189,947
May 20231,64442,33770.622.23$210,401
Apr 20231,63044,07778.122.24$225,969
Mar 20231,73844,24972.852.39$232,508
Feb 20231,39632,08275.112.47$183,958
Jan 20231,38134,13376.533.39$221,321
Dec 20221,69547,72876.415.73$402,952
Nov 20221,62055,69685.005.65$452,171
Oct 20221,45355,67487.185.86$453,132
Sep 20221,72850,04684.888.16$555,232
Aug 20221,77653,99094.529.13$660,643
Jul 20222,07972,217101.587.54$755,851
Jun 20222,07566,676115.097.98$770,700
May 20222,10076,536109.378.43$875,108
Apr 20222,16375,751104.226.84$743,383
Mar 20221,70150,042108.885.08$439,238
Feb 20221,14737,97791.054.86$288,959
Jan 20221,49846,75081.844.54$334,733
Dec 20211,47151,05671.323.90$303,985
Nov 20211,35746,61477.435.24$349,183
Oct 20211,89734,37379.795.71$347,764
Sep 20211,78235,78569.865.35$315,973
Aug 20211,95338,37366.024.22$290,894
Jul 20212,23340,36170.783.98$318,772
Jun 20211,91642,55069.493.38$276,988
May 20213,15150,29763.483.02$351,805
Apr 20213,72057,46260.362.76$383,044
Mar 20214,06264,09161.302.72$423,132
Feb 20211,14920,59557.805.55$180,672
Jan 20212,84954,98450.412.81$298,138
Dec 20203,27571,82644.642.68$338,364
Nov 20203,94083,34238.772.71$378,325
Oct 20203,11253,10836.972.48$246,675
Sep 20205,89580,12937.091.99$378,186
Aug 20206,84081,38639.982.39$467,577
Jul 20206,64034,57338.371.83$317,877
Jun 20203,77331,44334.901.69$184,826
May 20206,27986,16616.921.81$262,610
Apr 20209,27561,95714.751.80$248,600
Mar 20204,57149,11830.341.86$229,858
Feb 202013,622135,47549.881.98$947,797
Jan 20209,34149,27657.252.09$637,993

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                  510 bbl  × $106.41 =    $54,269
Casinghead gas    10,131 Mcf  × $  3.05 =    $30,857

────────────────────────────────────────────────────
Month total                                  $85,127

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/55158 is the state's own key, not one this site invented.