ARES 27-26 UNIT 2

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 56503District 08Field 85280300OilCasinghead gasSave
Value, all time
$227.0 M
Nov 2021 – May 2026
Value, last 12 filed months
$14.5 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
OilDisposition2,081,362 bbl$178,053,539
Casinghead gasProduction12,106,734 Mcf$48,901,280
Total$226,954,819

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 32.3492, -101.7428. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

32.34903, -101.74288 · 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
8,389 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 8,389 ft, with the middle half between 8,114 and 8,451 ft; the shallowest is 8,040 ft and the deepest 8,553 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

42-317435192728,540 ftNov 2021
42-317435202818,421 ftNov 2021
42-317435211828,118 ftNov 2021
42-317435142518,385 ftNov 2021
42-317435151528,100 ftNov 2021
42-317435162618,553 ftNov 2021
42-317435172628,392 ftNov 2021
42-317435181718,040 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 20266,468176,173106.413.05$1,224,855
Apr 20266,328157,96798.932.87$1,079,350
Mar 20266,809183,81589.753.15$1,190,022
Feb 20268,012188,54263.503.75$1,215,855
Jan 20269,634209,67759.138.00$2,246,638
Dec 20258,493200,68656.664.41$1,366,913
Nov 20257,951189,22258.593.93$1,208,818
Oct 20258,268192,49459.383.30$1,127,116
Sep 2025240184,76062.743.08$583,549
Aug 20258,637187,45163.933.01$1,117,283
Jul 20258,456187,31766.743.32$1,185,347
Jun 20257,064166,18366.483.13$989,555
May 20259,881199,31560.553.23$1,242,544
Apr 20259,820178,25162.363.54$1,243,940
Mar 20257,594145,27467.704.27$1,134,190
Feb 20257,962145,07570.884.34$1,194,094
Jan 202510,002167,39374.324.28$1,459,570
Dec 202410,743173,20768.993.12$1,281,803
Nov 20249,880161,29669.052.20$1,036,814
Oct 202411,249170,99571.372.28$1,192,949
Sep 202413,077197,28569.612.36$1,376,743
Aug 202413,274218,62675.632.06$1,455,076
Jul 202415,850214,13879.932.15$1,726,557
Jun 202414,569195,87678.082.63$1,653,481
May 202415,830201,88778.812.20$1,691,399
Apr 202417,217198,68984.451.66$1,783,640
Mar 202417,850190,89480.301.55$1,728,311
Feb 202416,123176,65476.091.78$1,541,886
Jan 202418,581214,48573.023.30$2,064,083
Dec 202319,732235,88271.262.61$2,021,924
Nov 202321,528243,56077.892.81$2,360,625
Oct 202324,030257,18685.443.09$2,847,128
Sep 202325,448246,64889.042.74$2,940,482
Aug 202327,414239,15980.522.67$2,846,619
Jul 202325,666210,47574.852.64$2,477,133
Jun 202332,798243,48168.962.26$2,811,647
May 202327,156212,29670.622.23$2,390,625
Apr 202331,769243,48278.122.24$3,026,649
Mar 202338,321262,10772.852.39$3,418,949
Feb 202331,240206,59075.112.47$2,855,821
Jan 202338,476269,99376.533.39$3,859,229
Dec 202244,775311,48376.415.73$5,205,769
Nov 202250,243317,21985.005.65$6,061,737
Oct 202251,445307,80087.185.86$6,289,840
Sep 202258,625316,05284.888.16$7,556,237
Aug 202269,903291,60194.529.13$9,268,721
Jul 202276,121203,702101.587.54$9,268,708
Jun 202245,50594,504115.097.98$5,991,048
May 202273,548243,116109.378.43$10,094,152
Apr 2022120,057441,711104.226.84$15,532,584
Mar 2022154,488441,450108.885.08$19,061,630
Feb 2022174,785307,62591.054.86$17,408,875
Jan 2022221,655257,17481.844.54$19,307,219
Dec 2021202,173218,31371.323.90$15,270,207
Nov 202188,599110,49877.435.24$7,438,882

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                6,468 bbl  × $106.41 =   $688,260
Casinghead gas   176,173 Mcf  × $  3.05 =   $536,595

────────────────────────────────────────────────────
Month total                               $1,224,855

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/56503 is the state's own key, not one this site invented.