BLACK LAGOON 2-3 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 56844District 08Field 85280300OilCasinghead gasSave
Value, all time
$491.5 M
Jan 2022 – May 2026
Value, last 12 filed months
$27.7 M
at the published price for each month
Months reported
53
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
OilDisposition5,043,800 bbl$443,294,680
Casinghead gasProduction11,564,542 Mcf$48,220,558
Total$491,515,238

Wells on this lease (15)

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 32.2064, -102.0393. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

32.20652, -102.03924 · 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 15 wells
With a plug date
0.0%
0 of 15 wells
Median depth
8,976 ft
15 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.
15100.0%

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, 15 of 15 wells. Median 8,976 ft, with the middle half between 8,580 and 9,418 ft; the shallowest is 8,169 ft and the deepest 9,620 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, 15 of 15 wells, Jan 2022. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Jan 2022
15 of 15 wells

15 wells

42-317434861638,169 ftJan 2022
42-317434831528,579 ftJan 2022
42-317434871658,943 ftJan 2022
42-317434901728,976 ftJan 2022
42-317434911738,188 ftJan 2022
42-317434921758,580 ftJan 2022
42-317434932719,614 ftJan 2022
42-317434942749,412 ftJan 2022
42-317434951828,986 ftJan 2022
42-317434961838,209 ftJan 2022
42-317434972819,620 ftJan 2022
42-317434842519,423 ftJan 2022
42-317434851628,950 ftJan 2022
42-317434882619,365 ftJan 2022
42-317434892649,428 ftJan 2022

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 (53)

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

53 months

May 202626,85352,356106.413.05$3,016,896
Apr 202621,59238,89998.932.87$2,247,726
Mar 202626,02646,03589.753.15$2,480,818
Feb 20265,90218,34663.503.75$443,580
Jan 202612,01272,28759.138.00$1,288,415
Dec 202529,522150,80456.664.41$2,338,269
Nov 202528,294146,03758.593.93$2,231,151
Oct 202532,581157,45459.383.30$2,455,020
Sep 202535,217171,29962.743.08$2,736,588
Aug 202534,935172,43863.933.01$2,753,254
Jul 202534,867170,83866.743.32$2,893,386
Jun 202534,954164,86066.483.13$2,839,543
May 202538,537168,08060.553.23$2,876,704
Apr 202538,392162,84662.363.54$2,971,108
Mar 202540,247164,66967.704.27$3,427,582
Feb 202530,358137,25470.884.34$2,747,573
Jan 202538,221169,47574.324.28$3,565,714
Dec 202441,091186,45968.993.12$3,416,876
Nov 202441,099185,94269.052.20$3,246,668
Oct 202445,097200,07571.372.28$3,675,024
Sep 202445,315193,16769.612.36$3,611,093
Aug 202448,915200,65075.632.06$4,113,509
Jul 202452,343204,86479.932.15$4,623,535
Jun 202454,737209,16378.082.63$4,824,796
May 202456,950205,14778.812.20$4,939,233
Apr 202459,440198,04084.451.66$5,348,296
Mar 202448,927185,66680.301.55$4,215,716
Feb 202440,903154,06176.091.78$3,387,099
Jan 202452,701210,24873.023.30$4,541,553
Dec 202368,163236,55371.262.61$5,474,869
Nov 202358,358227,57277.892.81$5,184,427
Oct 202371,329243,82185.443.09$6,847,093
Sep 202371,354234,75189.042.74$6,995,414
Aug 202378,823269,99980.522.67$7,068,503
Jul 202387,773282,12974.852.64$7,315,137
Jun 202381,801265,44168.962.26$6,240,490
May 202390,727280,99570.622.23$7,033,029
Apr 202395,567284,86178.122.24$8,103,145
Mar 2023110,149314,37672.852.39$8,776,707
Feb 2023101,536272,36675.112.47$8,297,936
Jan 2023123,585313,63976.533.39$10,520,481
Dec 2022139,742348,01676.415.73$12,671,498
Nov 2022147,728309,77085.005.65$14,305,903
Oct 2022153,164302,40587.185.86$15,126,068
Sep 2022178,634358,13284.888.16$18,086,129
Aug 2022214,818379,10494.529.13$23,764,740
Jul 2022250,269401,108101.587.54$28,447,514
Jun 2022273,022349,937115.097.98$34,213,619
May 2022320,388348,974109.378.43$37,983,747
Apr 2022320,811297,686104.226.84$35,470,380
Mar 2022346,285288,813108.885.08$39,169,641
Feb 2022311,832252,31791.054.86$29,618,272
Jan 2022251,914204,31881.844.54$21,543,771

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               26,853 bbl  × $106.41 = $2,857,428
Casinghead gas    52,356 Mcf  × $  3.05 =   $159,468

────────────────────────────────────────────────────
Month total                               $3,016,896

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/56844 is the state's own key, not one this site invented.