UL 2539 W4

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 55703District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$26.7 M
Jan 2021 – May 2026
Value, last 12 filed months
$708 k
at the published price for each month
Months reported
65
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
OilDisposition285,709 bbl$23,006,848
Casinghead gasProduction829,894 Mcf$3,686,700
Total$26,693,548

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 32.3489, -102.2097. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.34892, -102.20974 · 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
8,810 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 8,810 ft.

Completions filed
Jul 2021
1 of 1 wells

1 well

42-0034822714MB8,810 ftJul 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 (65)

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

65 months

May 20263935,260106.413.05$57,840
Apr 20263265,48898.932.87$48,000
Mar 20263905,35489.753.15$51,865
Feb 20263294,41363.503.75$37,442
Jan 20264314,53059.138.00$61,716
Dec 20254844,60256.664.41$47,734
Nov 20255414,33158.593.93$48,703
Oct 20259554,58559.383.30$71,861
Sep 20259754,31562.743.08$74,448
Aug 20256704,19663.933.01$55,483
Jul 20257863,45666.743.32$63,915
Jun 20251,1713,46066.483.13$88,673
May 20258053,99260.553.23$61,646
Apr 20259391,60562.363.54$64,243
Mar 20259543,90867.704.27$81,266
Feb 20258143,05670.884.34$70,962
Jan 20251,5344,15874.324.28$131,798
Dec 20241,2176,59168.993.12$104,534
Nov 20241,62011,45769.052.20$137,049
Oct 20241,4746,00171.372.28$118,890
Sep 20241,3417,92869.612.36$112,092
Aug 20241,2923,29475.632.06$104,512
Jul 20241,5724,22579.932.15$134,719
Jun 20241,3825,71878.082.63$122,968
May 20241,4656,90178.812.20$130,628
Apr 20241,5346,28484.451.66$139,973
Mar 20241,6398,03980.301.55$144,033
Feb 20241,6367,14276.091.78$137,222
Jan 20241,8678,48973.023.30$164,322
Dec 20232,25714,16471.262.61$197,812
Nov 20232,41319,13177.892.81$241,660
Oct 20231,88416,67685.443.09$212,452
Sep 20232,85129,04689.042.74$333,295
Aug 20233,23429,68880.522.67$339,754
Jul 20233,96518,02574.852.64$344,399
Jun 20233,77924,45568.962.26$315,831
May 20233,33117,97970.622.23$275,282
Apr 20233,30212,30278.122.24$285,481
Mar 20232,0947,80072.852.39$171,215
Feb 20234,26513,75475.112.47$354,257
Jan 20234,63115,51576.533.39$406,971
Dec 20223,87114,06376.415.73$376,351
Nov 20223,99619,27085.005.65$448,462
Oct 20224,33522,29087.185.86$508,629
Sep 20226,26127,07184.888.16$752,433
Aug 20225,83022,26094.529.13$754,222
Jul 20223,5691,249101.587.54$371,959
Jun 20227,65217,965115.097.98$1,023,979
May 20226,95522,149109.378.43$947,452
Apr 202210,25541,040104.226.84$1,349,391
Mar 202213,59134,949108.885.08$1,657,203
Feb 202212,14229,05891.054.86$1,246,717
Jan 202216,59736,57881.844.54$1,524,278
Dec 202120,34244,76971.323.90$1,625,351
Nov 202121,35044,88377.435.24$1,888,176
Oct 202113,59621,25879.795.71$1,206,290
Sep 202120,59722,82769.865.35$1,561,052
Aug 202125,01319,94466.024.22$1,735,534
Jul 202121,21516,95870.783.98$1,569,126
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$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                  393 bbl  × $106.41 =    $41,819
Casinghead gas     5,260 Mcf  × $  3.05 =    $16,021

────────────────────────────────────────────────────
Month total                                  $57,840

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/55703 is the state's own key, not one this site invented.