KOONCE WEST 46-34 UNIT 1

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 58168District 08Field 85280300OilCasinghead gasSave
Value, all time
$355.7 M
Sep 2022 – May 2026
Value, last 12 filed months
$34.5 M
at the published price for each month
Months reported
45
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
OilDisposition4,067,964 bbl$313,921,764
Casinghead gasProduction12,973,530 Mcf$41,762,843
Total$355,684,607

Wells on this lease (11)

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 31.9739, -101.7679. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

31.97382, -101.76776 · 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 11 wells
With a plug date
0.0%
0 of 11 wells
Median depth
8,524 ft
11 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.
11100.0%

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, 11 of 11 wells. Median 8,524 ft, with the middle half between 8,303 and 8,760 ft; the shallowest is 8,095 ft and the deepest 10,043 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, 11 of 11 wells, Sep 2022 – Nov 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
Sep 2022 – Nov 2023
11 of 11 wells

11 wells

42-173385611728,107 ftNov 2023
42-173385562518,498 ftSep 2022
42-173385571638,095 ftSep 2022
42-1733855826110,043 ftSep 2022
42-173385592628,760 ftSep 2022
42-173385602648,499 ftSep 2022
42-173385632738,524 ftSep 2022
42-173385641838,105 ftSep 2022
42-1733856528110,035 ftSep 2022
42-173385662828,760 ftSep 2022
42-17338709271R8,742 ftSep 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 (45)

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

45 months

May 202623,222213,728106.413.05$3,122,034
Apr 202623,571206,24798.932.87$2,923,750
Mar 202625,656212,02489.753.15$2,970,383
Feb 202626,006201,04063.503.75$2,405,345
Jan 202632,524218,65659.138.00$3,671,937
Dec 202527,774224,25856.664.41$2,563,406
Nov 202529,552214,53858.593.93$2,573,822
Oct 202531,169228,47959.383.30$2,605,902
Sep 202531,328228,19462.743.08$2,667,653
Aug 202534,203240,15363.933.01$2,910,601
Jul 202534,294242,40766.743.32$3,092,409
Jun 202534,653230,09466.483.13$3,023,631
May 202536,188247,98760.553.23$2,992,757
Apr 202538,023249,48062.363.54$3,255,052
Mar 202541,861248,36967.704.27$3,894,108
Feb 202535,270215,06470.884.34$3,433,496
Jan 202541,866249,63474.324.28$4,179,585
Dec 202444,190265,43368.993.12$3,877,183
Nov 202445,257265,28769.052.20$3,708,213
Oct 202448,924276,78171.372.28$4,123,154
Sep 202447,615265,79869.612.36$3,942,922
Aug 202451,533283,04275.632.06$4,481,535
Jul 202456,098299,78579.932.15$5,127,429
Jun 202457,654301,56578.082.63$5,295,941
May 202461,723308,54378.812.20$5,542,703
Apr 202465,421309,99384.451.66$6,039,144
Mar 202472,022329,05680.301.55$6,291,801
Feb 202474,856313,73976.091.78$6,255,390
Jan 202475,669298,65673.023.30$6,510,216
Dec 202385,094315,00771.262.61$6,886,194
Nov 202390,426305,33777.892.81$7,900,533
Oct 202393,346300,74085.443.09$8,903,951
Sep 2023111,039319,30789.042.74$10,760,230
Aug 202395,581283,67680.522.67$8,454,414
Jul 2023109,345291,65174.852.64$8,954,957
Jun 2023111,588313,94168.962.26$8,404,138
May 2023150,160409,07670.622.23$11,515,475
Apr 2023165,160415,79378.122.24$13,832,744
Mar 2023198,901441,54772.852.39$15,546,630
Feb 2023210,011401,14575.112.47$16,763,021
Jan 2023271,548439,62576.533.39$22,270,895
Dec 2022306,150408,49076.415.73$25,733,193
Nov 2022356,460422,79485.005.65$32,686,279
Oct 2022354,600400,35587.185.86$33,261,614
Sep 2022110,433117,01684.888.16$10,328,834

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               23,222 bbl  × $106.41 = $2,471,053
Casinghead gas   213,728 Mcf  × $  3.05 =   $650,981

────────────────────────────────────────────────────
Month total                               $3,122,034

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/58168 is the state's own key, not one this site invented.