ZEBCO 27-39 M

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 58795District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$95.0 M
Feb 2023 – May 2026
Value, last 12 filed months
$15.8 M
at the published price for each month
Months reported
40
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
OilDisposition1,129,030 bbl$86,115,574
Casinghead gasProduction3,041,850 Mcf$8,917,481
Total$95,033,055

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 32.1782, -101.8361. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.1 miles.

32.17820, -101.83626 · 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
8,694 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 7,769 and 9,174 ft, median 8,694 ft, over the 4 wells that filed a depth.

Completions filed
Aug 2023 – Sep 2023
4 of 4 wells

4 wells

42-3174480225LS8,486 ftSep 2023
42-3174480326WB9,174 ftSep 2023
42-3174481313MS7,769 ftSep 2023
42-3174480121WA8,902 ftAug 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 (40)

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

40 months

May 202610,31578,987106.413.05$1,338,201
Apr 202610,24374,20598.932.87$1,226,288
Mar 202611,94975,43789.753.15$1,310,007
Feb 202611,21968,39463.503.75$968,906
Jan 202613,38674,17659.138.00$1,384,768
Dec 202516,15681,50856.664.41$1,275,123
Nov 202519,43482,37058.593.93$1,462,059
Oct 202520,85380,37559.383.30$1,503,878
Sep 202518,46477,79762.743.08$1,397,807
Aug 202518,83571,69463.933.01$1,420,262
Jul 202516,69365,00366.743.32$1,329,589
Jun 202513,92271,30366.483.13$1,148,622
May 202517,96277,71560.553.23$1,338,799
Apr 202517,39064,83362.363.54$1,314,152
Mar 202515,54967,61267.704.27$1,341,257
Feb 20256,81439,46870.884.34$654,301
Jan 20253,72813,02874.324.28$332,808
Dec 202420,79783,96768.993.12$1,696,877
Nov 202420,19675,59369.052.20$1,560,720
Oct 202421,69182,07371.372.28$1,735,328
Sep 202420,95177,59569.612.36$1,641,862
Aug 202416,06174,07075.632.06$1,367,547
Jul 202416,92772,29479.932.15$1,508,161
Jun 202429,94997,17578.082.63$2,594,375
May 202448,975138,33778.812.20$4,163,845
Apr 202449,444136,12784.451.66$4,401,408
Mar 202462,370149,49780.301.55$5,239,303
Feb 202470,549155,57876.091.78$5,645,569
Jan 202463,904167,40273.023.30$5,218,305
Dec 2023104,919202,54271.262.61$8,005,308
Nov 2023113,764164,81677.892.81$9,323,809
Oct 2023132,214121,86685.443.09$11,672,599
Sep 202390,86276,39089.042.74$8,299,282
Aug 20232,5452,62380.522.67$211,934
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$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               10,315 bbl  × $106.41 = $1,097,619
Casinghead gas    78,987 Mcf  × $  3.05 =   $240,582

────────────────────────────────────────────────────
Month total                               $1,338,201

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/58795 is the state's own key, not one this site invented.