FOUR CORNERS 1729 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 58208District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$37.0 M
Jun 2022 – May 2026
Value, last 12 filed months
$4.5 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
OilDisposition471,377 bbl$35,826,714
Casinghead gasProduction376,312 Mcf$1,205,630
Total$37,032,343

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 31.6120, -102.3166. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.61200, -102.31663 · 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
8,873 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 8,873 ft.

Completions filed
Oct 2022
1 of 1 wells

1 well

42-13543881201H8,873 ftOct 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 (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 20264,3065,188106.413.05$474,003
Apr 20264,5614,70598.932.87$464,722
Mar 20265,0555,31289.753.15$470,416
Feb 20264,8134,86163.503.75$323,856
Jan 20265,1225,44359.138.00$346,397
Dec 20255,5175,07956.664.41$335,009
Nov 20254,2514,09458.593.93$265,141
Oct 20255,6375,44059.383.30$352,703
Sep 20254,6004,93962.743.08$303,801
Aug 20255,5787,67063.933.01$379,725
Jul 20255,3667,68666.743.32$383,607
Jun 20256,0027,36166.483.13$422,043
May 20255,9647,58460.553.23$385,634
Apr 20255,8608,07562.363.54$394,040
Mar 20256,0107,55767.704.27$439,133
Feb 20255,8726,95570.884.34$446,398
Jan 20256,7987,90474.324.28$539,046
Dec 20247,1207,98068.993.12$516,117
Nov 20246,8227,60969.052.20$487,787
Oct 20247,2938,04971.372.28$538,864
Sep 20247,0097,83969.612.36$506,431
Aug 20247,9268,47275.632.06$616,926
Jul 20248,7899,27579.932.15$722,414
Jun 20249,0757,81178.082.63$729,150
May 20247,1806,98078.812.20$581,201
Apr 20248,4137,04384.451.66$722,164
Mar 20248,5677,95580.301.55$700,222
Feb 20248,6547,94876.091.78$672,659
Jan 20249,4037,56173.023.30$711,541
Dec 20239,8938,77471.262.61$727,882
Nov 202310,0799,42677.892.81$811,517
Oct 202310,2518,51785.443.09$902,140
Sep 202311,06410,06089.042.74$1,012,653
Aug 202311,2739,48580.522.67$933,054
Jul 202314,01711,59574.852.64$1,079,804
Jun 202314,25211,85368.962.26$1,009,588
May 202316,66912,07470.622.23$1,204,058
Apr 202318,25911,75778.122.24$1,452,702
Mar 202322,09316,85872.852.39$1,649,819
Feb 202326,46912,33275.112.47$2,018,493
Jan 202323,59510,34676.533.39$1,840,775
Dec 202233,03015,03076.415.73$2,609,930
Nov 202241,92518,48685.005.65$3,668,001
Oct 202220,9459,34487.185.86$1,880,776
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                4,306 bbl  × $106.41 =   $458,201
Casinghead gas     5,188 Mcf  × $  3.05 =    $15,802

────────────────────────────────────────────────────
Month total                                 $474,003

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/58208 is the state's own key, not one this site invented.