JO GREGORY 250 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 59383District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$67.9 M
Mar 2023 – May 2026
Value, last 12 filed months
$7.1 M
at the published price for each month
Months reported
39
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
OilDisposition858,051 bbl$64,983,774
Casinghead gasProduction1,038,646 Mcf$2,903,208
Total$67,886,982

Wells on this lease (2)

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 32.3711, -102.0700. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.37109, -102.07002 · 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 2 wells
With a plug date
0.0%
0 of 2 wells
Median depth
9,012 ft
2 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.
2100.0%

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 8,707 and 9,317 ft, median 9,012 ft, over the 2 wells that filed a depth.

Completions filed
Mar 2023
2 of 2 wells

2 wells

42-317443664JM8,707 ftMar 2023
42-317443678LS9,317 ftMar 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 (39)

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

39 months

May 20268,25612,336106.413.05$916,094
Apr 20268,59712,49998.932.87$886,370
Mar 20266,66310,11889.753.15$629,870
Feb 20267,79011,56763.503.75$538,045
Jan 20266,0229,75459.138.00$434,093
Dec 20257,90213,08756.664.41$505,485
Nov 20258,59912,37958.593.93$552,421
Oct 20258,2709,75559.383.30$523,311
Sep 20256,1555,95862.743.08$404,497
Aug 20259,6119,17063.933.01$642,077
Jul 202511,0318,99466.743.32$766,026
Jun 20255,0302,14966.483.13$341,118
May 2025241660.553.23$1,505
Apr 202587062.363.54$5,425
Mar 202514,37627,69867.704.27$1,091,479
Feb 202513,68623,97870.884.34$1,074,148
Jan 202516,72332,13074.324.28$1,380,327
Dec 202417,43630,79968.993.12$1,299,045
Nov 202417,81733,13469.052.20$1,303,107
Oct 202417,42729,16871.372.28$1,310,309
Sep 202413,46023,23269.612.36$991,879
Aug 202418,15731,72475.632.06$1,438,681
Jul 202422,95432,95179.932.15$1,905,446
Jun 202421,30925,20178.082.63$1,730,186
May 202421,84821,87378.812.20$1,769,927
Apr 202419,53619,07584.451.66$1,681,464
Mar 202411,46416,88580.301.55$946,649
Feb 20245,91410,38276.091.78$468,514
Jan 202424,93831,25573.023.30$1,924,041
Dec 202348,95660,57871.262.61$3,646,757
Nov 202349,99063,73277.892.81$4,072,653
Oct 202355,39447,91285.443.09$4,880,781
Sep 202354,57167,84289.042.74$5,044,552
Aug 202355,06658,40480.522.67$4,590,021
Jul 202363,57561,89374.852.64$4,922,098
Jun 202363,81361,06968.962.26$4,538,468
May 202366,60959,91970.622.23$4,837,391
Apr 202339,82539,70978.122.24$3,199,988
Mar 20239,17010,32172.852.39$692,734

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                8,256 bbl  × $106.41 =   $878,521
Casinghead gas    12,336 Mcf  × $  3.05 =    $37,573

────────────────────────────────────────────────────
Month total                                 $916,094

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/59383 is the state's own key, not one this site invented.