GREGORY -9-

Operated by SM ENERGY COMPANY (P-5 788997) 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 40646District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$4.9 M
Oct 2010 – Jul 2025
Value, last 12 filed months
$0
at the published price for each month
Months reported
178
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
OilDisposition57,661 bbl$4,816,532
Casinghead gasProduction23,286 Mcf$71,305
Total$4,887,837

Every month this lease reported (178)

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

178 months

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 20250074.324.28$0
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 202332074.852.64$2,395
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 2021162066.024.22$10,695
Jul 20210070.783.98$0
Jun 202101069.493.38$34
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200936.972.48$22
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 202001530.341.86$28
Feb 20200049.881.98$0
Jan 2020030457.252.09$637
Dec 2019030359.012.30$698
Nov 2019029155.302.75$800
Oct 2019029853.472.42$721
Sep 2019028455.052.66$755
Aug 2019029053.112.30$668
Jul 2019028956.272.46$711
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 2018108065.142.93$7,035
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 2017171043.873.09$7,502
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 2017168046.772.98$7,857
Feb 20170050.452.95$0
Jan 201708649.413.42$294
Dec 2016016048.763.72$596
Nov 201615814542.492.64$7,097
Oct 201633524146.193.09$16,218
Sep 201651025341.553.10$21,975
Aug 201617033241.442.92$8,016
Jul 201649332841.622.92$21,478
Jun 201654433445.352.69$25,567
May 201637433642.521.99$16,571
Apr 201653531336.561.99$20,183
Mar 201652232333.011.79$17,811
Feb 201617431526.472.06$5,256
Jan 201656324127.352.36$15,968
Dec 20150032.362.00$0
Nov 201550632338.792.17$20,328
Oct 201533826043.552.43$15,351
Sep 201535631442.992.76$16,171
Aug 201553537540.162.87$22,563
Jul 201552335548.152.95$26,228
Jun 201553432056.152.88$30,907
May 201535833755.212.96$20,761
Apr 201554435449.822.71$28,060
Mar 201554737142.892.93$24,550
Feb 201536026844.662.98$16,875
Jan 20151828143.433.10$8,155
Dec 201455431854.693.59$31,440
Nov 201436129470.464.25$26,686
Oct 201436436478.303.90$29,921
Sep 201436012086.164.05$31,503
Aug 201454140389.394.04$49,986
Jul 201471940796.564.18$71,128
Jun 201454339998.164.74$55,191
May 201418118394.734.73$18,011
Apr 201434925795.944.81$34,719
Mar 20140095.895.06$0
Feb 20141839097.406.19$18,381
Jan 201455228390.404.86$51,276
Dec 201354133991.824.35$51,151
Nov 201335520888.853.74$32,319
Oct 201318014197.423.78$18,068
Sep 2013358133104.113.72$37,766
Aug 2013363285104.253.52$38,847
Jul 2013539250102.523.72$56,188
Jun 201318015594.403.93$17,602
May 20130094.834.15$0
Apr 201354527793.964.28$52,394
Mar 201336123493.623.91$34,712
Feb 201353832291.233.42$50,183
Jan 201390540891.603.42$84,293
Dec 201273533386.773.42$64,915
Nov 201254540986.953.62$48,870
Oct 201291240089.383.40$82,874
Sep 201254336294.672.92$52,462
Aug 201218217492.662.91$17,370
Jul 20121,27285485.133.02$110,865
Jun 20121,08575079.822.52$88,494
May 201290848191.612.49$84,379
Apr 20121,262332101.652.00$128,945
Mar 2012911645105.052.22$97,134
Feb 20121,2901,129101.102.57$133,321
Jan 20121,6691,41398.092.73$167,575
Dec 20111,8491,27696.873.24$183,247
Nov 20111,643095.723.31$157,268
Oct 20111,447084.983.65$122,966
Sep 20111,646083.623.99$137,639
Aug 20111,828083.404.15$152,455
Jul 20112,011094.144.52$189,316
Jun 20111,803092.904.64$167,499
May 20112,298098.134.40$225,503
Apr 20112,3490105.964.33$248,900
Mar 20112,716096.364.06$261,714
Feb 20112,181085.644.18$186,781
Jan 20111,088086.504.59$94,112
Dec 20102,322085.734.35$199,065
Nov 20101,792080.843.80$144,865
Oct 20100078.103.51$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.

Jul 2023 — as filed, then multipliedworked
Oil                   32 bbl  × $ 74.85 =     $2,395
Casinghead gas         0 Mcf  × $  2.64 =         $0

────────────────────────────────────────────────────
Month total                                   $2,395

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/40646 is the state's own key, not one this site invented.