MERCHANT ESTATE 16

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 4697District 7CField 85279200NGPA filingOilCasinghead gasSaveExport
Value, all time
$4.1 M
Jan 1993 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
401
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 7,461 leases and 22,481 wells, and the rule below applies to all of them.

Discovered
1904-12-31
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 2016-03-08.

The Commission's schedule remark for this field reads: AREA) 85279200.

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA2none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
OilDisposition41,009 bbl$1,678,833
Casinghead gasProduction718,199 Mcf$2,395,811
Total$4,074,644

194,108 Mcf of this lease's gas, across 48 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

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 31.5888, -101.5354. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.9 miles.

31.58872, -101.53536 · 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
75.0%
3 of 4 wells
With a plug date
75.0%
3 of 4 wells
Median depth
8,009 ft
4 wells filed one
Completion to plug
49.8 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
375.0%
A plug date is filed
375.0%
BothOn the schedule and plugged. Neither fact cancels the other.
375.0%
NeitherNo plug date, and not on the schedule.
125.0%

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 7,900 and 8,600 ft, median 8,009 ft, over the 4 wells that filed a depth.

Completions filed
May 1966 – Jun 1980
3 of 4 wells; 1 filed none
Plug dates filed
Jun 1995 – Apr 2025
3 of 4 wells; 1 filed none

Last completion to plug: a median of 49.8 years across the 2 wells that filed both dates, with the middle half between 45.1 years and 54.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

4 wells

42-3831059218,600 ftJun 1995Yes
42-3833153847,900 ftJun 1980Dec 2020Yes
42-3833153737,950 ftMay 1980
42-3831062028,067 ftMay 1966Apr 2025Yes

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 (401)

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

401 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 2025115074.324.28$8,547
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
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
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
Feb 20230775.112.47$17
Jan 202301176.533.39$37
Dec 202201776.415.73$97
Nov 202202085.005.65$113
Oct 202202887.185.86$164
Sep 202205584.888.16$449
Aug 202204794.529.13$429
Jul 2022043101.587.54$324
Jun 2022036115.097.98$287
May 2022035109.378.43$295
Apr 2022034104.226.84$232
Mar 2022036108.885.08$183
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 202102171.323.90$82
Nov 202102977.435.24$152
Oct 202103779.795.71$211
Sep 202106169.865.35$326
Aug 202105466.024.22$228
Jul 202103870.783.98$151
Jun 202102069.493.38$68
May 202101063.483.02$30
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210757.805.55$39
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200638.772.71$16
Oct 2020010436.972.48$258
Sep 202008137.091.99$161
Aug 2020012739.982.39$303
Jul 202009638.371.83$175
Jun 202008934.901.69$150
May 2020011416.921.81$207
Apr 202014710014.751.80$2,349
Mar 2020015230.341.86$282
Feb 2020012049.881.98$238
Jan 2020043957.252.09$920
Dec 2019056959.012.30$1,311
Nov 2019061555.302.75$1,692
Oct 2019047053.472.42$1,137
Sep 201915328355.052.66$9,175
Aug 2019014153.112.30$325
Jul 2019025156.272.46$617
Jun 2019021252.782.49$528
May 2019195758.482.74$2,681
Apr 2019097962.632.75$2,693
Mar 201913289656.803.06$10,241
Feb 2019082550.852.79$2,304
Jan 2019088946.033.23$2,870
Dec 2018083146.594.19$3,478
Nov 201813989552.934.24$11,150
Oct 2018094961.443.40$3,225
Sep 2018095059.543.11$2,953
Aug 201812998859.403.07$10,692
Jul 2018097665.142.93$2,862
Jun 2018098560.183.08$3,031
May 2018086365.382.90$2,503
Apr 2018069963.842.90$2,028
Mar 201815684061.222.79$11,891
Feb 2018086461.782.77$2,390
Jan 2018090862.874.01$3,640
Dec 2017095157.272.92$2,778
Nov 2017087455.423.12$2,725
Oct 201716196949.292.98$10,827
Sep 2017097147.523.09$2,998
Aug 201701,03945.373.00$3,122
Jul 201701,04543.873.09$3,226
Jun 20171691,00542.493.09$10,284
May 201701,01545.373.26$3,312
Apr 201701,01047.933.21$3,244
Mar 201701,03546.772.98$3,088
Feb 201716694350.452.95$11,159
Jan 201701,02749.413.42$3,511
Dec 2016099948.763.72$3,719
Nov 2016090342.492.64$2,388
Oct 201618099646.193.09$11,392
Sep 201601,04741.553.10$3,246
Aug 201601,09241.442.92$3,193
Jul 201601,16541.622.92$3,407
Jun 20161791,01845.352.69$10,852
May 201601,11642.521.99$2,222
Apr 201601,09236.561.99$2,174
Mar 20161771,13833.011.79$7,884
Feb 201601,00526.472.06$2,074
Jan 2016092027.352.36$2,175
Dec 201501,04232.362.00$2,085
Nov 20151801,16238.792.17$9,501
Oct 201501,18343.552.43$2,871
Sep 20151811,12542.992.76$10,884
Aug 201501,17440.162.87$3,372
Jul 201501,21148.152.95$3,566
Jun 20151771,20256.152.88$13,404
May 201501,06355.212.96$3,142
Apr 20151721,16449.822.71$11,719
Mar 201501,20242.892.93$3,528
Feb 2015086244.662.98$2,565
Jan 201501,00043.433.10$3,101
Dec 20141741,16554.693.59$13,700
Nov 201401,15470.464.25$4,907
Oct 20141711,20078.303.90$18,070
Sep 201401,01086.164.05$4,086
Aug 201401,14689.394.04$4,624
Jul 20141691,25996.564.18$21,581
Jun 201401,22998.164.74$5,822
May 20141741,25894.734.73$22,429
Apr 201401,08495.944.81$5,213
Mar 201401,15495.895.06$5,836
Feb 20141781,06397.406.19$23,919
Jan 201401,22790.404.86$5,964
Dec 20131781,63791.824.35$23,472
Nov 20131781,49988.853.74$21,419
Oct 201301,87997.423.78$7,101
Sep 20131771,632104.113.72$24,495
Aug 201301,272104.253.52$4,481
Jul 20133001,749102.523.72$37,258
Jun 201301,43894.403.93$5,656
May 201301,21594.834.15$5,041
Apr 20131591,08093.964.28$19,565
Mar 201301,23893.623.91$4,844
Feb 20131761,03891.233.42$19,606
Jan 201301,42591.603.42$4,873
Dec 20121771,82986.773.42$21,614
Nov 20121511,75686.953.62$19,495
Oct 20121761,85789.383.40$22,044
Sep 20121781,87494.672.92$22,320
Aug 201201,71892.662.91$4,996
Jul 20121731,85685.133.02$20,334
Jun 20123331,54279.822.52$30,464
May 201201,44091.612.49$3,583
Apr 201202,143101.652.00$4,279
Mar 20123442,177105.052.22$40,975
Feb 201201,551101.102.57$3,986
Jan 20121751,39198.092.73$20,969
Dec 201101,56596.873.24$5,070
Nov 20111791,77095.723.31$22,995
Oct 201102,07784.983.65$7,578
Sep 20111772,00583.623.99$22,792
Aug 20113372,00283.404.15$36,413
Jul 201102,15594.144.52$9,735
Jun 20111702,14292.904.64$25,732
May 20111752,33098.134.40$27,436
Apr 201101,482105.964.33$6,422
Mar 20113421,80396.364.06$40,271
Feb 201101,54685.644.18$6,462
Jan 201101,40686.504.59$6,452
Dec 20101771,49585.734.35$21,674
Nov 201011,46580.843.80$5,641
Oct 20101651,94278.103.51$19,701
Sep 201001,67972.633.98$6,682
Aug 20101731,83973.684.42$20,874
Jul 201001,70672.554.74$8,080
Jun 201001,30570.364.91$6,408
May 20101791,90171.124.24$20,782
Apr 20101762,00381.694.12$22,635
Mar 201001,45378.394.39$6,377
Feb 20101761,45873.585.44$20,885
Jan 201001,82374.365.96$10,873
Dec 20091751,83671.445.48$22,570
Nov 20091811,84174.593.75$20,407
Oct 200901,98072.544.11$8,138
Sep 20091721,95765.543.06$17,271
Aug 20091722,03967.423.22$18,159
Jul 200902,05261.133.46$7,109
Jun 20091782,13066.163.90$20,073
May 20093492,21954.743.93$27,816
Apr 200902,18446.773.59$7,835
Mar 20091371,52642.144.06$11,967
Feb 200901,30532.814.63$6,046
Jan 20091782,32235.865.37$18,855
Dec 20081811,79737.105.98$17,456
Nov 200801,68355.496.86$11,546
Oct 200817221175.246.92$14,402
Sep 20080636101.767.88$5,010
Aug 20081721,848114.228.48$35,322
Jul 200801,947131.0811.39$22,175
Jun 20081751,938131.3313.03$48,240
May 20081761,906123.1711.57$43,739
Apr 200801,731110.3110.45$18,097
Mar 20081781,762101.909.66$35,166
Feb 200801,79492.538.77$15,734
Jan 20081811,83290.388.21$31,392
Dec 20071751,86188.337.30$29,047
Nov 200701,91491.677.29$13,956
Oct 20071771,35382.856.92$24,030
Sep 20071731,87175.846.24$24,803
Aug 200701,96269.066.39$12,533
Jul 20071752,01670.906.39$25,286
Jun 200701,87062.007.55$14,116
May 20071801,89558.747.85$25,442
Apr 200701,84759.617.81$14,416
Mar 20071861,87856.927.30$24,300
Feb 20071742,33055.108.22$28,731
Jan 20071762,92450.306.73$28,522
Dec 20061652,88656.656.92$29,314
Nov 200602,87754.207.62$21,915
Oct 20061762,97454.906.01$27,547
Sep 20063492,85360.085.04$35,339
Aug 200602,82368.717.34$20,721
Jul 20061772,46269.376.34$27,894
Jun 20061782,15366.286.38$25,542
May 200602,25166.016.42$14,463
Apr 20061762,12864.397.36$26,996
Mar 200602,27056.707.08$16,078
Feb 20061771,96157.597.75$25,393
Jan 20061762,29060.598.93$31,121
Dec 20051772,21754.9413.42$39,466
Nov 200502,27054.6910.59$24,036
Oct 20051762,17258.3413.80$40,232
Sep 200502,28961.4512.08$27,649
Aug 20051772,14561.519.80$31,901
Jul 200502,39355.697.84$18,770
Jun 20051672,53652.337.38$27,457
May 20051812,66545.226.65$25,910
Apr 200502,56549.207.36$18,880
Mar 20051752,76150.377.15$28,569
Feb 20051792,46445.226.31$23,647
Jan 20051802,75343.166.32$25,174
Dec 20041742,34339.866.75$22,753
Nov 200402,77445.286.33$17,561
Oct 200401,98349.706.52$12,919
Sep 20041702,20143.245.28$18,981
Aug 20041691,75142.375.55$16,880
Jul 200403,03638.286.08$18,472
Jun 20041733,13036.106.43$26,381
May 20041763,33637.486.49$28,262
Apr 200402,64834.475.86$15,513
Mar 20043463,40334.365.53$30,708
Feb 20041723,04232.455.51$22,342
Jan 20041783,56832.036.30$28,178
Dec 20031732,53230.266.30$21,191
Nov 20031803,11928.804.60$19,516
Oct 20031703,13428.174.76$19,706
Sep 20031772,98226.314.75$18,819
Aug 20031762,85229.765.13$19,868
Jul 20031733,11229.415.17$21,180
Jun 20031733,04128.565.98$23,135
May 20031752,75426.595.97$21,102
Apr 20031732,88526.675.41$20,214
Mar 20031702,23331.146.10$18,906
Feb 20031761,90533.487.93$20,991
Jan 20032791,96830.315.58$19,442
Dec 20021791,89726.914.85$14,024
Nov 20021772,08524.664.14$12,990
Oct 20021721,94426.464.23$12,773
Sep 20021712,31327.443.64$13,100
Aug 20021892,44325.963.16$12,636
Jul 20021712,51924.583.06$11,916
Jun 20021702,13023.733.34$11,145
May 20021742,66724.663.58$13,849
Apr 20021722,70223.653.51$13,558
Mar 20021702,67622.003.10$12,043
Feb 20021812,13718.222.38$8,375
Jan 200202,61917.172.38$6,222
Dec 20013182,68116.932.36$11,723
Nov 200102,42018.072.41$5,821
Oct 20011762,76019.782.53$10,461
Sep 20011642,48824.262.25$9,580
Aug 20011692,15124.873.05$10,770
Jul 20011712,69723.933.20$12,715
Jun 20011742,44824.563.82$13,635
May 20011602,58425.524.31$15,213
Apr 20011732,62624.685.34$18,280
Mar 20011712,60924.545.38$18,223
Feb 20011712,70627.755.77$20,351
Jan 20011792,44627.478.40$25,461
Dec 20001812,51926.889.12$27,845
Nov 20001692,25932.215.66$18,225
Oct 200001,87031.235.15$9,622
Sep 20001842,80031.875.19$20,386
Aug 20003542,85529.644.54$23,456
Jul 200002,38128.534.09$9,738
Jun 20001742,37629.304.40$15,546
May 20001711,32727.263.68$9,544
Apr 20001862,16124.513.12$11,293
Mar 20001691,96528.422.86$10,422
Feb 20001551,96927.622.73$9,650
Jan 20002002,36925.272.48$10,930
Dec 19992922,71424.282.42$13,668
Nov 199901,88623.192.43$4,591
Oct 19991782,56520.982.80$10,926
Sep 19992742,93521.752.62$13,646
Aug 199902,75619.262.88$7,925
Jul 19992123,27017.892.37$11,550
Jun 19993882,68115.942.36$12,518
May 19994152,46015.792.32$12,263
Apr 199901,79015.102.21$3,952
Mar 199901,77012.471.84$3,254
Feb 19994101,7699.981.82$7,307
Jan 199901,63410.381.90$3,105
Dec 199801,0909.201.77$1,933
Nov 199801,31610.892.19$2,876
Oct 19984052,26112.421.97$9,482
Sep 199802,38812.592.08$4,973
Aug 19984263,08411.301.91$10,696
Jul 199803,99211.742.24$8,931
Jun 19983623,59911.242.24$12,121
May 199803,17712.622.21$7,010
Apr 19984452,67513.042.51$12,505
Mar 199802,47112.802.31$5,707
Feb 199802,12413.952.30$4,883
Jan 19982012,75314.702.15$8,887
Dec 19974142,96816.322.41$13,913
Nov 199702,95218.193.09$9,117
Oct 19974442,95919.253.15$17,867
Sep 199703,00817.742.95$8,888
Aug 199703,03917.862.55$7,764
Jul 19974133,25417.582.25$14,572
Jun 199703,01817.242.26$6,812
May 19974042,19018.972.31$12,720
Apr 199703,33317.882.08$6,942
Mar 19974353,31218.951.94$14,666
Feb 199702,96620.492.21$6,543
Jan 199703,03523.483.54$10,743
Dec 19964271,95423.32$9,958
Nov 199602,64621.97$0
Oct 199603,31023.31$0
Sep 19964463,36222.22$9,910
Aug 199603,36620.26$0
Jul 199603,77119.55$0
Jun 19964393,65818.73$8,222
May 199603,73119.43$0
Apr 19964583,47521.51$9,852
Mar 199603,61619.38$0
Feb 199603,35416.98$0
Jan 19964443,54417.07$7,579
Dec 199503,46017.19$0
Nov 19954553,60316.00$7,280
Oct 199504,01015.43$0
Sep 199503,81016.18$0
Aug 19954574,16015.92$7,275
Jul 199504,37415.24$0
Jun 19954303,43216.41$7,056
May 199503,70417.56$0
Apr 199503,90817.73$0
Mar 19954294,21016.44$7,053
Feb 19954353,77916.58$7,212
Jan 199504,08115.92$0
Dec 199404,04215.03$0
Nov 19944123,78615.90$6,551
Oct 199403,52515.58$0
Sep 19944194,01715.29$6,407
Aug 199404,61016.13$0
Jul 199404,68817.56$0
Jun 19944304,52917.09$7,349
May 199404,78415.88$0
Apr 19944294,62614.14$6,066
Mar 19944354,87712.46$5,420
Feb 19944004,18712.50$5,000
Jan 199413,73512.66$13
Dec 199303,64712.33$0
Nov 199304,52714.49$0
Oct 19934394,80215.85$6,958
Sep 199305,00715.03$0
Aug 199305,00515.66$0
Jul 19932124,75015.46$3,278
Jun 19933094,88416.79$5,188
May 19934364,97017.68$7,708
Apr 199304,87218.05$0
Mar 19933604,82618.14$6,530
Feb 19934804,33417.90$8,592
Jan 199304,76016.93$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.

Jan 2025 — as filed, then multipliedworked
Oil                  115 bbl  × $ 74.32 =     $8,547
Casinghead gas         0 Mcf  × $  4.28 =         $0

────────────────────────────────────────────────────
Month total                                   $8,547

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. 7C/O/4697 is the state's own key, not one this site invented.