JO GREGORY 250 I

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 59976District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$54.1 M
Mar 2023 – May 2026
Value, last 12 filed months
$6.8 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
OilDisposition669,820 bbl$50,423,222
Casinghead gasProduction1,267,777 Mcf$3,667,196
Total$54,090,418

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 32.3700, -102.0756. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.37000, -102.07557 · 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
9,023 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 8,719 and 9,326 ft, median 9,023 ft, over the 2 wells that filed a depth.

Completions filed
Mar 2023 – Apr 2023
2 of 2 wells

2 wells

42-317443726LS9,326 ftApr 2023
42-317443713JM8,719 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 20265,08525,604106.413.05$619,081
Apr 20265,63125,78298.932.87$631,062
Mar 20265,56727,10089.753.15$584,988
Feb 20266,06825,53763.503.75$481,090
Jan 20266,76527,31559.138.00$618,478
Dec 20257,17925,36356.664.41$518,698
Nov 20257,20725,55658.593.93$522,602
Oct 20258,35924,84559.383.30$578,466
Sep 20258,37822,13262.743.08$593,734
Aug 20258,54522,97263.933.01$615,537
Jul 20258,57620,98266.743.32$641,922
Jun 20255,95012,00366.483.13$433,110
May 20256537260.553.23$5,138
Apr 20253,2519,58462.363.54$236,690
Mar 20258,32429,63567.704.27$690,026
Feb 20257,09723,99970.884.34$607,211
Jan 20259,73831,66174.324.28$859,195
Dec 202410,90532,37668.993.12$853,393
Nov 202410,76929,16269.052.20$807,710
Oct 202412,60031,13371.372.28$970,289
Sep 202412,87727,57369.612.36$961,560
Aug 202414,13733,68175.632.06$1,138,686
Jul 202414,11131,53079.932.15$1,195,574
Jun 202415,94332,06178.082.63$1,329,277
May 202419,12533,52178.812.20$1,580,935
Apr 202418,80135,54684.451.66$1,646,722
Mar 202421,22143,79480.301.55$1,771,714
Feb 202412,68825,19376.091.78$1,010,365
Jan 202419,06039,99373.023.30$1,523,645
Dec 202326,40953,26571.262.61$2,020,965
Nov 202326,31351,69277.892.81$2,194,648
Oct 202334,60860,52885.443.09$3,143,774
Sep 202339,86949,37289.042.74$3,684,970
Aug 202344,64361,73280.522.67$3,759,657
Jul 202355,61954,47674.852.64$4,306,997
Jun 202360,71664,47168.962.26$4,332,582
May 202358,62465,57270.622.23$4,286,082
Apr 202328,98930,53178.122.24$2,332,942
Mar 2023813372.852.39$901

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                5,085 bbl  × $106.41 =   $541,095
Casinghead gas    25,604 Mcf  × $  3.05 =    $77,986

────────────────────────────────────────────────────
Month total                                 $619,081

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/59976 is the state's own key, not one this site invented.