ELIAS 16-9 UNIT 2

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 60324District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$156.4 M
Nov 2023 – May 2026
Value, last 12 filed months
$42.4 M
at the published price for each month
Months reported
31
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
OilDisposition1,976,308 bbl$137,676,013
Casinghead gasProduction5,231,778 Mcf$18,744,868
Total$156,420,880

Wells on this lease (10)

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 32.4164, -101.7115. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

32.41641, -101.71142 · 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 10 wells
With a plug date
0.0%
0 of 10 wells
Median depth
8,239 ft
10 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.
10100.0%

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, 10 of 10 wells. Median 8,239 ft, with the middle half between 8,148 and 8,337 ft; the shallowest is 7,999 ft and the deepest 8,508 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, 10 of 10 wells, Sep 2024. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Sep 2024
10 of 10 wells

10 wells

42-317456481738,144 ftSep 2024
42-317456492828,317 ftSep 2024
42-317456502718,333 ftSep 2024
42-317456512818,492 ftSep 2024
42-317456521728,007 ftSep 2024
42-317457321518,159 ftSep 2024
42-317457331617,999 ftSep 2024
42-317457341638,161 ftSep 2024
42-317457352528,338 ftSep 2024
42-317457362628,508 ftSep 2024

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 (31)

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

31 months

May 202637,054318,076106.413.05$4,911,725
Apr 202630,589257,05198.932.87$3,763,834
Mar 202637,165275,49989.753.15$4,203,226
Feb 202638,753219,92063.503.75$3,285,586
Jan 202633,412193,89459.138.00$3,526,400
Dec 202534,687159,88256.664.41$2,670,982
Nov 202533,235150,39958.593.93$2,537,771
Oct 202537,228150,50859.383.30$2,708,004
Sep 202537,533134,73662.743.08$2,769,392
Aug 202541,657161,57663.933.01$3,150,245
Jul 202550,379196,81666.743.32$4,014,779
Jun 202562,163241,34166.483.13$4,887,685
May 202570,535275,20960.553.23$5,160,458
Apr 202587,393323,74962.363.54$6,596,909
Mar 2025122,204382,53367.704.27$9,905,984
Feb 2025127,182343,46470.884.34$10,505,582
Jan 2025197,073447,27074.324.28$16,560,191
Dec 2024271,349422,93668.993.12$20,040,507
Nov 2024288,472286,27569.052.20$20,548,350
Oct 2024260,911221,24871.372.28$19,125,973
Sep 202477,33469,39669.612.36$5,547,297
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$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               37,054 bbl  × $106.41 = $3,942,916
Casinghead gas   318,076 Mcf  × $  3.05 =   $968,809

────────────────────────────────────────────────────
Month total                               $4,911,725

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/60324 is the state's own key, not one this site invented.