GAULT 5-32 C

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 56888District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$51.1 M
Jan 2022 – May 2026
Value, last 12 filed months
$5.4 M
at the published price for each month
Months reported
53
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
OilDisposition594,232 bbl$46,712,484
Casinghead gasProduction1,174,843 Mcf$4,386,441
Total$51,098,925

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 32.0307, -102.0281. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.03067, -102.02813 · 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
8,492 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 8,492 ft.

Completions filed
May 2022
1 of 1 wells

1 well

42-329451121338,492 ftMay 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 20265,27820,360106.413.05$623,645
Apr 20265,17618,45798.932.87$565,028
Mar 20264,97716,86689.753.15$499,804
Feb 20265,38422,53063.503.75$426,379
Jan 20265,42626,52459.138.00$532,976
Dec 20256,00422,00156.664.41$437,285
Nov 20255,98115,31458.593.93$410,556
Oct 20257,01716,49859.383.30$471,193
Sep 20257,90217,19162.743.08$548,667
Aug 20254,0469,30463.933.01$286,710
Jul 20252,0196,77366.743.32$157,202
Jun 20256,11419,65166.483.13$467,941
May 20255,68118,60460.553.23$404,119
Apr 20255,85116,34862.363.54$422,791
Mar 20256,41320,26467.704.27$520,653
Feb 20256,41018,95670.884.34$536,626
Jan 20257,69321,80874.324.28$665,053
Dec 20248,09420,15968.993.12$621,329
Nov 20245,19714,07169.052.20$389,787
Oct 20247,69318,61271.372.28$591,511
Sep 20247,53518,72669.612.36$568,786
Aug 20248,09318,24075.632.06$649,714
Jul 20248,32120,13079.932.15$708,308
Jun 20248,34719,56278.082.63$703,260
May 20248,41920,23178.812.20$707,978
Apr 20248,69322,24584.451.66$771,033
Mar 20249,38623,55780.301.55$790,094
Feb 20249,38622,24176.091.78$753,851
Jan 202410,39623,01973.023.30$835,025
Dec 202311,04023,00771.262.61$846,775
Nov 202311,55022,25177.892.81$962,101
Oct 202312,52622,74285.443.09$1,140,432
Sep 202313,37021,66289.042.74$1,249,711
Aug 202310,96819,89880.522.67$936,328
Jul 202318,49635,81874.852.64$1,479,050
Jun 202317,82538,20168.962.26$1,315,488
May 202319,57138,70770.622.23$1,468,320
Apr 202321,13741,87178.122.24$1,744,920
Mar 202323,72142,43472.852.39$1,829,626
Feb 202323,67740,12875.112.47$1,877,322
Jan 202329,54946,48676.533.39$2,418,867
Dec 202231,33249,59176.415.73$2,678,189
Nov 202233,28143,44185.005.65$3,074,162
Oct 202234,78941,92987.185.86$3,278,767
Sep 202231,44635,33884.888.16$2,957,625
Aug 202225,77030,93894.529.13$2,718,156
Jul 202222,86725,079101.587.54$2,511,978
Jun 2022847733115.097.98$103,329
May 20223,5386,347109.378.43$440,476
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$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                5,278 bbl  × $106.41 =   $561,632
Casinghead gas    20,360 Mcf  × $  3.05 =    $62,013

────────────────────────────────────────────────────
Month total                                 $623,645

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/56888 is the state's own key, not one this site invented.