STEPHENS 6-31 F

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 60007District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$49.9 M
Mar 2023 – May 2026
Value, last 12 filed months
$5.7 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
OilDisposition617,148 bbl$45,864,290
Casinghead gasProduction1,446,921 Mcf$3,995,654
Total$49,859,944

Wells on this lease (3)

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 32.0970, -102.1807. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.09701, -102.18074 · 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 3 wells
With a plug date
0.0%
0 of 3 wells
Median depth
9,126 ft
3 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.
3100.0%

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 8,496 and 9,747 ft, median 9,126 ft, over the 3 wells that filed a depth.

Completions filed
Nov 2023 – Dec 2023
3 of 3 wells

3 wells

42-329459082639,126 ftDec 2023
42-329459071629,747 ftNov 2023
42-329459061618,496 ftNov 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 20264,82820,019106.413.05$574,722
Apr 20263,08412,31898.932.87$340,449
Mar 20262,6269,93189.753.15$266,961
Feb 20262,96516,97663.503.75$251,943
Jan 20261,9538,90759.138.00$186,718
Dec 20251,5146,94356.664.41$116,425
Nov 20254,32322,45058.593.93$341,433
Oct 20257,81244,44159.383.30$610,747
Sep 20258,84559,51362.743.08$738,052
Aug 20259,82254,17463.933.01$791,242
Jul 20259,04946,49266.743.32$758,061
Jun 20258,36949,35166.483.13$710,777
May 202513,55346,50060.553.23$970,937
Apr 202511,04138,76462.363.54$825,862
Mar 20259,74834,37367.704.27$806,655
Feb 202514,19550,10970.884.34$1,223,657
Jan 202515,19346,32974.324.28$1,327,371
Dec 202414,86747,36368.993.12$1,173,512
Nov 202415,59953,36069.052.20$1,194,420
Oct 202419,81171,65871.372.28$1,577,392
Sep 202423,59773,95069.612.36$1,817,432
Aug 202426,80880,65575.632.06$2,193,931
Jul 202426,80382,77679.932.15$2,320,050
Jun 202430,74473,85478.082.63$2,595,021
May 202439,69676,60578.812.20$3,296,853
Apr 202441,52966,04484.451.66$3,616,704
Mar 202454,39480,33180.301.55$4,491,960
Feb 202472,89381,40276.091.78$5,691,620
Jan 202467,07850,26073.023.30$5,063,776
Dec 202354,28241,05371.262.61$3,975,313
Nov 20231272077.892.81$9,948
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
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

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                4,828 bbl  × $106.41 =   $513,747
Casinghead gas    20,019 Mcf  × $  3.05 =    $60,975

────────────────────────────────────────────────────
Month total                                 $574,722

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/60007 is the state's own key, not one this site invented.