FOUR CORNERS 1423 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 58303District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$17.3 M
Oct 2022 – May 2026
Value, last 12 filed months
$2.0 M
at the published price for each month
Months reported
44
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
OilDisposition222,799 bbl$16,641,689
Casinghead gasProduction243,449 Mcf$653,375
Total$17,295,065

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 31.6364, -102.2729. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.63638, -102.27291 · 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
8,941 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 8,941 ft.

Completions filed
Feb 2023
1 of 1 wells

1 well

42-32945818101H8,941 ftFeb 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 (44)

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

44 months

May 20261,9114,899106.413.05$218,271
Apr 20261,3135,11398.932.87$144,568
Mar 20262,2975,57189.753.15$223,701
Feb 20262,6114,42363.503.75$182,386
Jan 20261,7963,71559.138.00$135,910
Dec 20251,8342,68656.664.41$115,769
Nov 20251,1981,10258.593.93$74,518
Oct 20252,6134,21759.383.30$169,096
Sep 20252,9745,63062.743.08$203,912
Aug 20253,2155,15063.933.01$221,061
Jul 20253,5254,18966.743.32$249,146
Jun 20251,2652,32266.483.13$91,362
May 20253,5324,66560.553.23$228,941
Apr 20253,9303,79462.363.54$258,517
Mar 20253,0841,85667.704.27$216,709
Feb 202588042670.884.34$64,224
Jan 202510430174.324.28$9,017
Dec 20243316168.993.12$2,779
Nov 20242,4893,72269.052.20$180,048
Oct 20243,8585,86971.372.28$288,735
Sep 20243,5336,69169.612.36$261,752
Aug 20243,6587,27775.632.06$291,672
Jul 20243,7197,37779.932.15$313,095
Jun 20244,93210,49178.082.63$412,724
May 20245,7049,80878.812.20$471,095
Apr 20245,7998,48084.451.66$503,796
Mar 20245,4289,66580.301.55$450,802
Feb 20245,9279,16376.091.78$467,329
Jan 20246,4907,59673.023.30$498,949
Dec 20236,4188,34471.262.61$479,131
Nov 20237,5379,32277.892.81$613,229
Oct 20237,79510,28185.443.09$697,745
Sep 20237,9918,09389.042.74$733,653
Aug 20239,89610,36580.522.67$824,530
Jul 202311,3778,73074.852.64$874,631
Jun 202313,55511,49368.962.26$960,710
May 202317,15512,58670.622.23$1,239,520
Apr 202325,08410,17078.122.24$1,982,320
Mar 202325,2926,20772.852.39$1,857,377
Feb 20231,0471,49975.112.47$82,336
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$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                1,911 bbl  × $106.41 =   $203,350
Casinghead gas     4,899 Mcf  × $  3.05 =    $14,922

────────────────────────────────────────────────────
Month total                                 $218,271

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/58303 is the state's own key, not one this site invented.