GUNSMOKE 1-40 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 56003District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$28.8 M
May 2021 – May 2026
Value, last 12 filed months
$1.5 M
at the published price for each month
Months reported
61
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
OilDisposition314,603 bbl$25,799,243
Casinghead gasProduction722,100 Mcf$2,971,217
Total$28,770,460

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 32.2783, -101.9230. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.27833, -101.92303 · 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
8,671 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 8,671 ft.

Completions filed
Jul 2021
1 of 1 wells

1 well

42-317434402LS8,671 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 (61)

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

61 months

May 20265793,696106.413.05$72,869
Apr 20268797,35098.932.87$108,052
Mar 20265086,39889.753.15$65,743
Feb 20269215,60163.503.75$79,489
Jan 20261,0097,67559.138.00$121,046
Dec 20259308,44456.664.41$89,960
Nov 20258507,38858.593.93$78,810
Oct 20251,1649,18359.383.30$99,467
Sep 20251,41514,73962.743.08$134,128
Aug 20252,00029,33963.933.01$216,310
Jul 20252,34716,65366.743.32$211,847
Jun 20252,60016,75166.483.13$225,257
May 20252,70310,98960.553.23$199,187
Apr 20251,1655,77862.363.54$93,122
Mar 20252,44912,50467.704.27$219,168
Feb 20252,21210,90170.884.34$204,106
Jan 20252,73924,72674.324.28$309,357
Dec 20242,74114,13068.993.12$233,207
Nov 20242,72911,11469.052.20$212,871
Oct 20242,95811,14671.372.28$236,541
Sep 20242,2738,73169.612.36$178,867
Aug 20242,2869,79275.632.06$193,097
Jul 20243,16714,53179.932.15$284,330
Jun 20243,23513,72578.082.63$288,740
May 20243,12513,51878.812.20$276,000
Apr 20243,20513,61784.451.66$293,256
Mar 20243,32113,77580.301.55$287,960
Feb 20243,27712,24176.091.78$271,180
Jan 20243,86912,87973.023.30$324,985
Dec 20233,90913,85271.262.61$314,719
Nov 20233,61314,26277.892.81$321,458
Oct 20233,47913,69685.443.09$339,529
Sep 20234,20416,31589.042.74$418,946
Aug 20234,46014,70380.522.67$398,419
Jul 20234,90415,02574.852.64$406,757
Jun 20235,12514,91968.962.26$387,114
May 20235,4534,02670.622.23$394,058
Apr 202397363778.122.24$77,436
Mar 20234,0577,22472.852.39$312,841
Feb 20234,79111,43275.112.47$388,040
Jan 20236,76313,28576.533.39$562,578
Dec 20227,84616,31876.415.73$693,000
Nov 20229,09419,73985.005.65$884,440
Oct 202211,06220,50387.185.86$1,084,610
Sep 202212,89922,93984.888.16$1,282,134
Aug 202214,43722,68194.529.13$1,571,598
Jul 202218,64626,359101.587.54$2,092,862
Jun 202215,00013,940115.097.98$1,837,552
May 202211,3668,068109.378.43$1,311,137
Apr 20222,3991,919104.226.84$263,145
Mar 20228,1318,958108.885.08$930,778
Feb 20225,8374,78791.054.86$554,718
Jan 2022274081.844.54$22,424
Dec 202110,62110,52171.323.90$798,512
Nov 20216,0787,20677.435.24$508,356
Oct 202116,72813,21279.795.71$1,410,219
Sep 202129,76621,49469.865.35$2,194,465
Aug 202118,63015,55766.024.22$1,295,612
Jul 20211,4021,20970.783.98$104,048
Jun 20210069.493.38$0
May 20210063.483.02$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                  579 bbl  × $106.41 =    $61,611
Casinghead gas     3,696 Mcf  × $  3.05 =    $11,257

────────────────────────────────────────────────────
Month total                                  $72,869

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/56003 is the state's own key, not one this site invented.