PAPER RINGS 136-137 A

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 55693District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$26.9 M
Oct 2020 – May 2026
Value, last 12 filed months
$1.8 M
at the published price for each month
Months reported
68
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
OilDisposition327,930 bbl$24,855,663
Casinghead gasProduction474,837 Mcf$2,090,343
Total$26,946,006

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 32.2941, -102.0524. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.29413, -102.05238 · 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
9,909 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 9,909 ft.

Completions filed
Apr 2021
1 of 1 wells

1 well

42-317431101WB9,909 ftApr 2021

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 (68)

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

68 months

May 20262,4622,170106.413.05$268,591
Apr 20261,6861,23798.932.87$170,346
Mar 20261,95748389.753.15$177,162
Feb 20261,73839363.503.75$111,837
Jan 20262,10941959.138.00$128,056
Dec 20252,26630356.664.41$129,729
Nov 20251,96724158.593.93$116,193
Oct 20252,30143059.383.30$138,054
Sep 20252,15930462.743.08$136,391
Aug 20252,04516163.933.01$131,222
Jul 20252,10720666.743.32$141,304
Jun 20252,50338766.483.13$167,610
May 20253,4201,57260.553.23$212,162
Apr 20252,3141,21762.363.54$148,613
Mar 202513725767.704.27$10,372
Feb 20259542,69670.884.34$79,322
Jan 20252,7957,00974.324.28$237,714
Dec 20243,0938,75068.993.12$240,698
Nov 20243,4246,95169.052.20$251,709
Oct 20243,2365,42471.372.28$243,328
Sep 20243,7656,54069.612.36$277,545
Aug 20243,5405,34475.632.06$278,758
Jul 20243,5184,88379.932.15$291,676
Jun 20243,1473,65678.082.63$255,348
May 20243,7193,52478.812.20$300,842
Apr 20244,2623,23284.451.66$365,288
Mar 20242,2351,57180.301.55$181,898
Feb 202461057076.091.78$47,432
Jan 20243,8485,52773.023.30$299,207
Dec 20233,7223,43371.262.61$274,192
Nov 20234,3063,93877.892.81$346,451
Oct 20232,6271,69485.443.09$229,681
Sep 20233,9135,29889.042.74$362,904
Aug 20234,1615,95780.522.67$350,966
Jul 20232,9893,02274.852.64$231,710
Jun 20233,5905,33968.962.26$259,624
May 20235,2536,19670.622.23$384,768
Apr 20232,6792,91578.122.24$215,807
Mar 20231,5683,05172.852.39$121,530
Feb 20231,2082,15975.112.47$96,056
Jan 20234,8359,24676.533.39$401,345
Dec 20225,2639,76076.415.73$458,062
Nov 20224,12210,95385.005.65$412,213
Oct 20225,18812,04787.185.86$522,931
Sep 20224,65610,06284.888.16$477,344
Aug 20225,26711,90394.529.13$606,477
Jul 20225,78711,042101.587.54$671,123
Jun 20224,9558,475115.097.98$637,878
May 20225,7059,035109.378.43$700,148
Apr 20225,2949,109104.226.84$614,024
Mar 20226,46713,326108.885.08$771,775
Feb 20227,10812,47591.054.86$707,797
Jan 20229,60413,22581.844.54$846,002
Dec 20218,76212,26171.323.90$672,713
Nov 20218,64613,24277.435.24$738,806
Oct 202111,05423,54679.795.71$1,016,537
Sep 202111,49223,65369.865.35$929,396
Aug 202113,27427,18566.024.22$991,086
Jul 202116,65032,74170.783.98$1,308,864
Jun 202122,96535,39569.493.38$1,715,495
May 202127,79126,59763.483.02$1,844,434
Apr 202123,71221,10060.362.76$1,489,459
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$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                2,462 bbl  × $106.41 =   $261,981
Casinghead gas     2,170 Mcf  × $  3.05 =     $6,609

────────────────────────────────────────────────────
Month total                                 $268,591

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/55693 is the state's own key, not one this site invented.