ARES 27-26 UNIT 1

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 56468District 08Field 85280300OilCasinghead gasSave
Value, all time
$247.8 M
Nov 2021 – May 2026
Value, last 12 filed months
$18.0 M
at the published price for each month
Months reported
55
no gaps in the span
Streams
2
oil, casinghead gas

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
OilDisposition2,444,456 bbl$203,984,598
Casinghead gasProduction12,033,558 Mcf$43,826,269
Total$247,810,868

Wells on this lease (8)

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 32.3509, -101.7347. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

32.35081, -101.73478 · 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 8 wells
With a plug date
0.0%
0 of 8 wells
Median depth
8,375 ft
8 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.
8100.0%

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

0k
2k
4k
6k
8k
10k
12k
15k
20k+

Total depth in feet, 8 of 8 wells. Median 8,375 ft, with the middle half between 8,079 and 8,415 ft; the shallowest is 8,015 ft and the deepest 8,519 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

When they were last completed

20s

Last completion by decade, 8 of 8 wells, Nov 2021. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Nov 2021
8 of 8 wells

8 wells

42-317434632328,519 ftNov 2021
42-317434642418,380 ftNov 2021
42-317434582118,385 ftNov 2021
42-317434591128,015 ftNov 2021
42-317434602218,503 ftNov 2021
42-317434612228,369 ftNov 2021
42-317434621318,095 ftNov 2021
42-317434651428,031 ftNov 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 (55)

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

55 months

May 20265,741172,894106.413.05$1,137,507
Apr 20267,574205,49298.932.87$1,339,000
Mar 20266,779193,36889.753.15$1,217,416
Feb 20267,011177,45663.503.75$1,110,715
Jan 20268,193197,64159.138.00$2,065,169
Dec 20259,407220,95556.664.41$1,508,155
Nov 202510,096225,95958.593.93$1,478,739
Oct 202512,179228,69959.383.30$1,479,003
Sep 202518,044232,90662.743.08$1,848,714
Aug 202512,388255,92663.933.01$1,563,520
Jul 202513,297243,51066.743.32$1,694,726
Jun 202512,456222,30766.483.13$1,523,611
May 202513,787246,17660.553.23$1,630,522
Apr 202514,444229,61062.363.54$1,714,264
Mar 202514,876233,70467.704.27$2,004,629
Feb 202514,335220,04370.884.34$1,971,236
Jan 202517,214248,85374.324.28$2,344,107
Dec 202417,867246,67768.993.12$2,002,615
Nov 202417,894245,70469.052.20$1,775,746
Oct 202419,345269,98871.372.28$1,996,603
Sep 202419,969258,86269.612.36$2,002,085
Aug 202421,276265,01975.632.06$2,156,005
Jul 202422,058277,53779.932.15$2,358,854
Jun 202422,962239,23378.082.63$2,423,008
May 202422,868224,10778.812.20$2,294,913
Apr 202424,692244,16584.451.66$2,490,358
Mar 202426,979234,82980.301.55$2,529,255
Feb 202422,266192,20576.091.78$2,037,044
Jan 202426,942213,79073.023.30$2,672,312
Dec 202330,884219,09971.262.61$2,772,800
Nov 202333,542209,99177.892.81$3,202,149
Oct 202331,863194,04585.443.09$3,321,446
Sep 202324,047182,51489.042.74$2,640,328
Aug 202340,826236,65680.522.67$3,919,863
Jul 202338,088239,96074.852.64$3,484,813
Jun 202340,197233,43868.962.26$3,299,200
May 202345,187262,39970.622.23$3,775,573
Apr 202351,956257,90378.122.24$4,635,928
Mar 202360,311261,11772.852.39$5,018,551
Feb 202353,104196,99375.112.47$4,474,363
Jan 202368,037253,26576.533.39$6,064,863
Dec 202270,457230,23476.415.73$6,702,648
Nov 202285,579243,09685.005.65$8,646,784
Oct 202291,824192,88187.185.86$9,136,224
Sep 202281,423148,74484.888.16$8,125,483
Aug 202272,514112,32894.529.13$7,879,259
Jul 202223,50364,803101.587.54$2,876,184
Jun 20221,1187,666115.097.98$189,824
May 202263,339220,550109.378.43$8,787,293
Apr 2022146,680346,981104.226.84$17,659,507
Mar 2022177,561339,439108.885.08$21,055,970
Feb 2022180,463284,83991.054.86$17,815,143
Jan 2022213,282232,82681.844.54$18,511,489
Dec 2021190,443156,41571.323.90$14,192,276
Nov 202165,28937,76177.435.24$5,253,076

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                5,741 bbl  × $106.41 =   $610,900
Casinghead gas   172,894 Mcf  × $  3.05 =   $526,607

────────────────────────────────────────────────────
Month total                               $1,137,507

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/56468 is the state's own key, not one this site invented.