KRONOS 61-7 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 59681District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$144.7 M
Aug 2023 – May 2026
Value, last 12 filed months
$79.4 M
at the published price for each month
Months reported
34
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
OilDisposition1,905,760 bbl$133,946,631
Casinghead gasProduction3,146,119 Mcf$10,767,624
Total$144,714,254

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 32.3755, -101.7792. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

32.37542, -101.77962 · 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
8,296 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

Total depth in feet, 11 of 11 wells. Median 8,296 ft, with the middle half between 8,122 and 8,644 ft; the shallowest is 7,506 ft and the deepest 8,890 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

Last completion by decade, 11 of 11 wells, Aug 2023 – Apr 2025. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Aug 2023 – Apr 2025
11 of 11 wells

11 wells

42-317457442328,663 ftApr 2025
42-317457452348,890 ftApr 2025
42-317457391218,461 ftApr 2025
42-317457381157,506 ftApr 2025
42-317457401318,276 ftApr 2025
42-317457371138,198 ftApr 2025
42-317457432148,045 ftJul 2024
42-31745742214R8,641 ftJul 2024
42-317457411357,507 ftMay 2024
42-317447331418,296 ftAug 2023
42-317447342428,647 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 (34)

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

34 months

May 202653,665166,932106.413.05$6,218,941
Apr 202651,879176,20698.932.87$5,638,051
Mar 202659,727197,93189.753.15$5,983,870
Feb 202661,379185,32763.503.75$4,592,602
Jan 202670,595191,54659.138.00$5,706,252
Dec 202578,312186,22556.664.41$5,259,036
Nov 202570,145124,81158.593.93$4,599,858
Oct 202585,209161,99259.383.30$5,595,068
Sep 202592,762173,74562.743.08$6,354,487
Aug 2025119,378188,70763.933.01$8,200,742
Jul 2025132,237169,93466.743.32$9,388,863
Jun 2025169,823185,07966.483.13$11,868,893
May 2025168,871145,88560.553.23$10,696,686
Apr 2025105,120103,09962.363.54$6,920,575
Mar 20258571,84767.704.27$65,902
Feb 20259,54018,37570.884.34$755,958
Jan 202517,61930,80174.324.28$1,441,232
Dec 202415,95331,09168.993.12$1,197,644
Nov 202420,60342,99469.052.20$1,517,157
Oct 202420,87140,11071.372.28$1,581,070
Sep 202421,72037,97069.612.36$1,601,704
Aug 202422,48139,60875.632.06$1,781,974
Jul 202425,66449,05179.932.15$2,156,616
Jun 202428,24449,17378.082.63$2,334,812
May 202430,78050,91378.812.20$2,537,701
Apr 202434,37352,95784.451.66$2,990,666
Mar 202437,52053,43480.301.55$3,095,418
Feb 202437,45850,57676.091.78$2,940,389
Jan 202440,39147,31573.023.30$3,105,380
Dec 202347,04945,57271.262.61$3,471,687
Nov 202342,81933,86677.892.81$3,430,253
Oct 202346,57140,26585.443.09$4,103,336
Sep 202352,55444,03089.042.74$4,799,832
Aug 202333,59128,75280.522.67$2,781,598

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               53,665 bbl  × $106.41 = $5,710,493
Casinghead gas   166,932 Mcf  × $  3.05 =   $508,448

────────────────────────────────────────────────────
Month total                               $6,218,941

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/59681 is the state's own key, not one this site invented.