STEPHENS 6-31 H

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 60528District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$78.5 M
Apr 2023 – May 2026
Value, last 12 filed months
$13.3 M
at the published price for each month
Months reported
38
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
OilDisposition980,649 bbl$72,317,962
Casinghead gasProduction2,080,172 Mcf$6,220,685
Total$78,538,647

Wells on this lease (5)

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 32.0964, -102.1838. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.09637, -102.18380 · 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
20.0%
1 of 5 wells
With a plug date
20.0%
1 of 5 wells
Median depth
9,083 ft
5 wells filed one
Completion to plug
3 months
median over 1 well

What the state filed about each well

On the RRC proration schedule
120.0%
A plug date is filed
120.0%
BothOn the schedule and plugged. Neither fact cancels the other.
120.0%
NeitherNo plug date, and not on the schedule.
480.0%

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 1,652 and 9,708 ft, median 9,083 ft, over the 5 wells that filed a depth.

Completions filed
Apr 2023 – Dec 2023
5 of 5 wells
Plug dates filed
Jul 2023
1 of 5 wells; 4 filed none

Last completion to plug: a median of 3 months across the 1 well that filed both dates, with the middle half between 3 months and 3 months. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

5 wells

42-329459121839,083 ftDec 2023
42-329459132849,518 ftDec 2023
42-329459142859,708 ftDec 2023
42-329459541828,855 ftDec 2023
42-329459111811,652 ftApr 2023Jul 2023Yes

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 (38)

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

38 months

May 202611,76268,683106.413.05$1,460,792
Apr 202610,73655,24498.932.87$1,220,647
Mar 20269,97356,62189.753.15$1,073,401
Feb 202610,35051,37163.503.75$849,883
Jan 20269,73936,98859.138.00$871,694
Dec 202510,55436,31056.664.41$758,239
Nov 202510,79649,32558.593.93$826,209
Oct 202514,52064,76759.383.30$1,076,242
Sep 202515,11263,58562.743.08$1,143,773
Aug 202518,68969,33063.933.01$1,403,801
Jul 202514,43658,94966.743.32$1,158,886
Jun 202517,92674,09566.483.13$1,423,543
May 202523,26886,93960.553.23$1,689,892
Apr 202525,01682,84062.363.54$1,853,510
Mar 202530,03093,81367.704.27$2,433,455
Feb 202520,24451,86270.884.34$1,660,019
Jan 202518,74456,18874.324.28$1,633,465
Dec 202419,27550,55968.993.12$1,487,596
Nov 202426,32567,11869.052.20$1,965,296
Oct 202430,63667,21471.372.28$2,339,833
Sep 202430,57465,87769.612.36$2,284,013
Aug 202441,01391,67375.632.06$3,290,992
Jul 202445,58092,44179.932.15$3,841,642
Jun 202453,55392,94278.082.63$4,426,226
May 202470,003112,36178.812.20$5,763,955
Apr 202460,18774,26684.451.66$5,206,014
Mar 202444,17547,49480.301.55$3,620,637
Feb 202495,449103,26376.091.78$7,446,898
Jan 2024100,12885,09173.023.30$7,591,948
Dec 202391,85672,96371.262.61$6,736,145
Nov 20230077.892.81$0
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

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               11,762 bbl  × $106.41 = $1,251,594
Casinghead gas    68,683 Mcf  × $  3.05 =   $209,197

────────────────────────────────────────────────────
Month total                               $1,460,792

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/60528 is the state's own key, not one this site invented.