FASKEN 9-16-21 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 57305District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$179.1 M
Jun 2022 – May 2026
Value, last 12 filed months
$32.3 M
at the published price for each month
Months reported
48
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
OilDisposition2,138,863 bbl$159,860,537
Casinghead gasProduction6,419,717 Mcf$19,268,189
Total$179,128,726

Wells on this lease (10)

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 31.9927, -101.7876. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.8 miles.

31.99267, -101.78688 · 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 10 wells
With a plug date
0.0%
0 of 10 wells
Median depth
8,940 ft
10 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.
10100.0%

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

Total depth in feet, 10 of 10 wells. Median 8,940 ft, with the middle half between 8,897 and 10,080 ft; the shallowest is 8,838 ft and the deepest 10,102 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

Last completion by decade, 10 of 10 wells, Oct 2017 – May 2023. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Oct 2017 – May 2023
10 of 10 wells

10 wells

42-329457322518,897 ftMay 2023
42-3294573326210,102 ftMay 2023
42-329457342638,897 ftMay 2023
42-3294573528310,081 ftMay 2023
42-329457302348,868 ftMay 2023
42-3294573124210,084 ftMay 2023
42-3294572922210,077 ftMay 2023
42-329420372128,909 ftMay 2018
42-329416702818,971 ftOct 2017
42-329416712828,838 ftOct 2017

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 (48)

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

48 months

May 202627,968153,580106.413.05$3,443,855
Apr 202627,203137,91498.932.87$3,086,967
Mar 202630,620144,94589.753.15$3,204,641
Feb 202628,275115,99063.503.75$2,230,462
Jan 202629,965130,43859.138.00$2,815,063
Dec 202529,438155,78456.664.41$2,355,488
Nov 202531,456148,04258.593.93$2,424,285
Oct 202534,812140,62559.383.30$2,531,880
Sep 202528,335126,82362.743.08$2,167,962
Aug 202532,260130,37863.933.01$2,455,440
Jul 202536,005145,06966.743.32$2,883,906
Jun 202534,551141,56466.483.13$2,739,865
May 202534,482143,74460.553.23$2,552,512
Apr 202534,868152,27162.363.54$2,713,883
Mar 202537,449174,09867.704.27$3,278,403
Feb 202534,672152,98470.884.34$3,121,630
Jan 202544,008176,82474.324.28$4,027,248
Dec 202437,787150,49568.993.12$3,076,676
Nov 202446,368179,26769.052.20$3,595,818
Oct 202448,723175,44271.372.28$3,877,614
Sep 202450,543183,36369.612.36$3,951,834
Aug 202453,787196,58975.632.06$4,473,598
Jul 202456,615204,46779.932.15$4,964,144
Jun 202457,361197,49678.082.63$4,998,947
May 202462,837208,36478.812.20$5,410,260
Apr 202462,408190,81084.451.66$5,586,948
Mar 202473,022219,27680.301.55$6,202,477
Feb 202467,631200,98576.091.78$5,504,528
Jan 202474,398186,15273.023.30$6,046,408
Dec 202388,172220,42671.262.61$6,858,607
Nov 202387,298214,20677.892.81$7,401,037
Oct 202397,716213,04685.443.09$9,006,588
Sep 202381,034148,52089.042.74$7,621,476
Aug 2023120,649214,45280.522.67$10,287,862
Jul 2023148,781226,72574.852.64$11,735,220
Jun 2023169,823226,89868.962.26$12,223,439
May 202348,04675,65070.622.23$3,561,511
Apr 2023121078.122.24$9,453
Mar 20233,0659,15972.852.39$245,204
Feb 20237,63416,70975.112.47$614,589
Jan 20239,64917,12176.533.39$796,439
Dec 20228,78418,10776.415.73$774,922
Nov 20227,27618,09385.005.65$720,617
Oct 20221,8104,88287.185.86$186,423
Sep 20222,7378,56084.888.16$302,198
Aug 20222,8989,12694.529.13$357,213
Jul 20223,1667,861101.587.54$380,891
Jun 20222,3576,397115.097.98$322,297

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               27,968 bbl  × $106.41 = $2,976,075
Casinghead gas   153,580 Mcf  × $  3.05 =   $467,780

────────────────────────────────────────────────────
Month total                               $3,443,855

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/57305 is the state's own key, not one this site invented.