HEADLEE 2920 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 56415District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$54.4 M
Sep 2021 – May 2026
Value, last 12 filed months
$3.6 M
at the published price for each month
Months reported
57
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
OilDisposition627,332 bbl$50,917,738
Casinghead gasProduction807,056 Mcf$3,522,989
Total$54,440,727

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 31.8873, -102.2969. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.88727, -102.29693 · 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
8,903 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 8,593 and 9,213 ft, median 8,903 ft, over the 2 wells that filed a depth.

Completions filed
Sep 2021
2 of 2 wells

2 wells

42-13543799001H8,593 ftSep 2021
42-13543800201H9,213 ftSep 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 (57)

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

57 months

May 20264481,088106.413.05$50,986
Apr 2026261698.932.87$2,618
Mar 20262,0534,74189.753.15$199,188
Feb 20261,3383,42563.503.75$97,808
Jan 20266,52813,16759.138.00$491,309
Dec 20256,7138,74656.664.41$418,958
Nov 20254,2865,01158.593.93$270,792
Oct 20256,0508,26759.383.30$386,570
Sep 20254,9396,44962.743.08$329,716
Aug 20256,31610,28363.933.01$434,783
Jul 20256,20712,13166.743.32$454,472
Jun 20255,8888,30066.483.13$417,403
May 20256,45710,24760.553.23$424,093
Apr 20256,3189,81462.363.54$428,763
Mar 20255,7747,18667.704.27$421,572
Feb 20255,3137,28970.884.34$408,226
Jan 20254,8638,79074.324.28$399,028
Dec 20247,04715,78268.993.12$535,434
Nov 20245,8508,03069.052.20$421,596
Oct 20243,4382,69971.372.28$251,528
Sep 20241,5052,49169.612.36$110,653
Aug 20244,4409,91475.632.06$356,256
Jul 20244,7348,49679.932.15$396,626
Jun 20246,3166,69778.082.63$510,793
May 20245,69110,63278.812.20$471,882
Apr 20246,48113,43684.451.66$569,613
Mar 20247,41512,46880.301.55$614,689
Feb 20246,96014,92376.091.78$556,204
Jan 20248,19816,23173.023.30$652,142
Dec 20238,64914,95171.262.61$655,361
Nov 20238,75717,15777.892.81$730,252
Oct 20239,13715,79685.443.09$829,432
Sep 20238,51713,09889.042.74$794,177
Aug 20239,87514,85680.522.67$834,843
Jul 202310,90215,34174.852.64$856,543
Jun 20238,87718,66768.962.26$654,317
May 202312,45616,73070.622.23$916,907
Apr 20238,59213,76778.122.24$702,014
Mar 20238,66820,06272.852.39$679,475
Feb 202310,90516,25975.112.47$859,164
Jan 202310,34814,32776.533.39$840,468
Dec 202213,69822,21576.415.73$1,173,936
Nov 202212,59517,79485.005.65$1,171,043
Oct 202212,55822,41287.185.86$1,226,225
Sep 202212,08814,42584.888.16$1,143,791
Aug 202211,73518,68594.529.13$1,279,733
Jul 202214,80219,206101.587.54$1,648,440
Jun 202216,83621,074115.097.98$2,105,767
May 202218,92825,160109.378.43$2,282,331
Apr 202219,44424,881104.226.84$2,196,580
Mar 202222,64325,312108.885.08$2,593,864
Feb 202223,50922,50591.054.86$2,249,843
Jan 202233,73431,03781.844.54$2,901,627
Dec 202137,40334,34271.323.90$2,801,486
Nov 202154,01235,66677.435.24$4,368,927
Oct 202147,24126,73979.795.71$3,922,143
Sep 202112,8317,84369.865.35$938,341

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                  448 bbl  × $106.41 =    $47,672
Casinghead gas     1,088 Mcf  × $  3.05 =     $3,314

────────────────────────────────────────────────────
Month total                                  $50,986

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/56415 is the state's own key, not one this site invented.