INTERSTATE 8-32 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 58039District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$130.3 M
Jun 2022 – May 2026
Value, last 12 filed months
$14.5 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
OilDisposition1,558,780 bbl$117,897,750
Casinghead gasProduction4,194,293 Mcf$12,420,975
Total$130,318,726

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 31.9908, -102.1187. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.1 miles.

31.99076, -102.11875 · 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 4 wells
With a plug date
0.0%
0 of 4 wells
Median depth
8,908 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
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.
4100.0%

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 8,381 and 9,455 ft, median 8,908 ft, over the 4 wells that filed a depth.

Completions filed
May 2023
4 of 4 wells

4 wells

42-329452911229,058 ftMay 2023
42-329452921238,758 ftMay 2023
42-329452931248,381 ftMay 2023
42-329452942219,455 ftMay 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 (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 20269,18880,661106.413.05$1,223,376
Apr 202610,16481,66998.932.87$1,239,892
Mar 202610,84786,35189.753.15$1,245,476
Feb 20269,83870,72763.503.75$889,962
Jan 202611,38286,00059.138.00$1,360,839
Dec 202511,90095,35156.664.41$1,095,072
Nov 202512,16990,90858.593.93$1,069,927
Oct 202513,52397,48959.383.30$1,125,181
Sep 202513,19695,10662.743.08$1,120,551
Aug 202515,554106,33163.933.01$1,314,930
Jul 202515,759102,86466.743.32$1,392,770
Jun 202516,497103,88566.483.13$1,421,748
May 202518,078107,67460.553.23$1,442,660
Apr 202518,151101,28662.363.54$1,490,765
Mar 202518,453102,06067.704.27$1,684,893
Feb 202518,41195,88370.884.34$1,721,184
Jan 202522,679114,24074.324.28$2,174,300
Dec 202424,147114,06368.993.12$2,021,934
Nov 202422,826105,90969.052.20$1,808,970
Oct 202426,504116,94971.372.28$2,158,398
Sep 202428,676119,79069.612.36$2,279,363
Aug 202432,448124,11575.632.06$2,710,170
Jul 202435,383126,04079.932.15$3,098,719
Jun 202436,201119,87478.082.63$3,142,320
May 202441,928134,91878.812.20$3,600,955
Apr 202445,377125,38684.451.66$4,040,128
Mar 202445,610122,95580.301.55$3,852,464
Feb 202450,646124,25976.091.78$4,075,287
Jan 202458,958127,16673.023.30$4,724,463
Dec 202367,528144,02271.262.61$5,188,046
Nov 202377,004143,47177.892.81$6,400,645
Oct 202388,139151,42085.443.09$7,998,072
Sep 2023111,439166,55689.042.74$10,378,066
Aug 2023143,365168,28880.522.67$11,993,563
Jul 2023149,941139,98474.852.64$11,592,894
Jun 2023139,563124,70868.962.26$9,905,915
May 202387,30875,93570.622.23$6,334,829
Apr 20230078.122.24$0
Mar 20230072.852.39$0
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
Jul 202200101.587.54$0
Jun 202200115.097.98$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                9,188 bbl  × $106.41 =   $977,695
Casinghead gas    80,661 Mcf  × $  3.05 =   $245,681

────────────────────────────────────────────────────
Month total                               $1,223,376

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/58039 is the state's own key, not one this site invented.