LOOMIS 31-43 B

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 57917District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$78.4 M
Aug 2022 – May 2026
Value, last 12 filed months
$9.2 M
at the published price for each month
Months reported
46
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
OilDisposition947,981 bbl$71,457,171
Casinghead gasProduction2,395,855 Mcf$6,899,957
Total$78,357,128

Wells on this lease (4)

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 32.1613, -101.8771. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.1 miles.

32.16128, -101.87714 · 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
25.0%
1 of 4 wells
With a plug date
0.0%
0 of 4 wells
Median depth
8,734 ft
4 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
125.0%
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.
375.0%

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

Between 8,068 and 10,245 ft, median 8,734 ft, over the 4 wells that filed a depth.

Completions filed
Mar 2023 – Apr 2023
4 of 4 wells

4 wells

42-317437713WA8,988 ftApr 2023Yes
42-317437724WB10,245 ftMar 2023
42-317442335JM8,068 ftMar 2023
42-317437702LS8,479 ftMar 2023

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 (46)

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

46 months

May 20267,41247,971106.413.05$934,823
Apr 20266,02337,28798.932.87$702,859
Mar 20267,73447,21089.753.15$842,812
Feb 20266,43834,29363.503.75$537,423
Jan 20266,31541,66559.138.00$706,639
Dec 20258,54847,82056.664.41$695,377
Nov 20258,64747,54058.593.93$693,291
Oct 20259,79159,35459.383.30$777,545
Sep 20259,89545,05862.743.08$759,452
Aug 202511,60949,44163.933.01$891,216
Jul 202510,95846,49866.743.32$885,487
Jun 20259,78443,28766.483.13$785,873
May 20259,31246,03260.553.23$712,632
Apr 202510,31846,85562.363.54$809,443
Mar 202513,73752,20067.704.27$1,152,801
Feb 202512,65649,79670.884.34$1,113,214
Jan 202513,84253,39874.324.28$1,257,210
Dec 202411,77753,95168.993.12$980,896
Nov 202410,68655,80769.052.20$860,557
Oct 202412,56161,06871.372.28$1,035,799
Sep 202414,73452,00069.612.36$1,148,580
Aug 202418,17172,82675.632.06$1,524,559
Jul 202418,85279,32579.932.15$1,677,119
Jun 202416,75161,81678.082.63$1,470,740
May 202419,66863,82378.812.20$1,690,346
Apr 202423,02072,00984.451.66$2,063,516
Mar 202425,23270,30680.301.55$2,134,762
Feb 202427,72072,19676.091.78$2,237,986
Jan 202427,57180,82573.023.30$2,279,768
Dec 202334,79585,78171.262.61$2,703,442
Nov 202345,290103,28877.892.81$3,817,625
Oct 202339,36153,51585.443.09$3,528,220
Sep 202364,056110,37889.042.74$6,005,434
Aug 202367,264103,92680.522.67$5,693,879
Jul 202375,590111,65774.852.64$5,952,887
Jun 202386,84296,64268.962.26$6,206,888
May 202373,17676,55670.622.23$5,338,210
Apr 202370,97361,66678.122.24$5,682,404
Mar 202387278972.852.39$65,413
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$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                7,412 bbl  × $106.41 =   $788,711
Casinghead gas    47,971 Mcf  × $  3.05 =   $146,112

────────────────────────────────────────────────────
Month total                                 $934,823

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/57917 is the state's own key, not one this site invented.