KNOX 4

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 60740District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$40.6 M
Apr 2023 – May 2026
Value, last 12 filed months
$6.1 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
OilDisposition508,596 bbl$37,909,771
Casinghead gasProduction950,742 Mcf$2,662,900
Total$40,572,670

Wells on this lease (4)

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 32.2608, -101.3671. A lease has no coordinate of its own — that point is the mean of its wells, and they span 50.0 miles, so treat it as the lease's centre and not as its location.

32.26178, -101.36677 · 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
50.0%
2 of 4 wells
With a plug date
50.0%
2 of 4 wells
Median depth
4,935 ft
4 wells filed one
Completion to plug
21.2 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
250.0%
A plug date is filed
250.0%
BothOn the schedule and plugged. Neither fact cancels the other.
250.0%
NeitherNo plug date, and not on the schedule.
250.0%

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 1,595 and 8,917 ft, median 4,935 ft, over the 4 wells that filed a depth.

Completions filed
Jul 1971 – May 2023
4 of 4 wells
Plug dates filed
Aug 1992 – Sep 1992
2 of 4 wells; 2 filed none

Last completion to plug: a median of 21.2 years across the 2 wells that filed both dates, with the middle half between 21.1 years and 21.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

4 wells

42-317443152048,267 ftMay 2023
42-317443122018,917 ftApr 2023
42-3353007521,603 ftJul 1971Sep 1992Yes
42-3353007411,595 ftJul 1971Aug 1992Yes

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 20266,28120,477106.413.05$730,731
Apr 20266,93418,89698.932.87$740,207
Mar 20268,49523,92689.753.15$837,780
Feb 20268,07318,72063.503.75$582,841
Jan 202610,15314,92259.138.00$719,692
Dec 20251,4182,79956.664.41$92,697
Nov 20255,61615,05558.593.93$388,154
Oct 20256,03714,22859.383.30$405,498
Sep 20255,47113,99562.743.08$386,312
Aug 20253,88111,59363.933.01$283,062
Jul 20255,91219,07566.743.32$457,804
Jun 20255,87916,72966.483.13$443,176
May 20258,30222,19260.553.23$574,418
Apr 20257,50518,38762.363.54$533,159
Mar 20254,6867,07667.704.27$347,445
Feb 20255,95913,43270.884.34$480,680
Jan 20258,57117,93174.324.28$713,718
Dec 202410,08519,30068.993.12$756,007
Nov 202410,98520,27069.052.20$803,077
Oct 202412,90219,16171.372.28$964,530
Sep 202412,51617,14569.612.36$911,776
Aug 202412,71017,07475.632.06$996,492
Jul 20249,19819,78679.932.15$777,669
Jun 202410,20027,20178.082.63$868,063
May 202410,84727,83378.812.20$916,041
Apr 202412,06531,68584.451.66$1,071,461
Mar 202412,75838,23080.301.55$1,083,538
Feb 202413,36840,85276.091.78$1,090,036
Jan 202417,19647,44873.023.30$1,412,119
Dec 202318,05844,30071.262.61$1,402,468
Nov 202319,25247,57877.892.81$1,633,116
Oct 202320,30634,69385.443.09$1,842,052
Sep 202324,55038,01789.042.74$2,289,910
Aug 202330,93045,40080.522.67$2,611,832
Jul 202338,85547,36374.852.64$3,033,420
Jun 202348,63252,29968.962.26$3,471,779
May 202353,47845,67470.622.23$3,878,351
Apr 2023532078.122.24$41,560

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                6,281 bbl  × $106.41 =   $668,361
Casinghead gas    20,477 Mcf  × $  3.05 =    $62,370

────────────────────────────────────────────────────
Month total                                 $730,731

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/60740 is the state's own key, not one this site invented.