PROVIDENCE 26

Operated by SMC OIL & GAS, INC. (P-5 789634) 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 40906District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$2.2 M
Nov 2010 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
187
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
OilDisposition27,219 bbl$2,137,973
Casinghead gasProduction22,738 Mcf$76,737
Total$2,214,710

Every month this lease reported (187)

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

187 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 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 202401479.932.15$30
Jun 202401,09678.082.63$2,887
May 2024068878.812.20$1,513
Apr 202417030484.451.66$14,861
Mar 2024020080.301.55$309
Feb 2024010176.091.78$180
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 2023203085.443.09$17,344
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 2023201078.122.24$15,702
Mar 20230072.852.39$0
Feb 20230775.112.47$17
Jan 2023170676.533.39$13,030
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 2022181094.529.13$17,108
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 2021179069.865.35$12,505
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 202187050.412.81$4,386
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 2020172034.901.69$6,003
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 202005130.341.86$95
Feb 202004349.881.98$85
Jan 20201775357.252.09$10,244
Dec 201904359.012.30$99
Nov 201904955.302.75$135
Oct 201905953.472.42$143
Sep 20191806155.052.66$10,071
Aug 201906753.112.30$154
Jul 201905556.272.46$135
Jun 20191746652.782.49$9,348
May 201906058.482.74$164
Apr 201903462.632.75$94
Mar 201903256.803.06$98
Feb 201904350.852.79$120
Jan 20191704946.033.23$7,983
Dec 201805146.594.19$213
Nov 201807052.934.24$297
Oct 201808661.443.40$292
Sep 201818110459.543.11$11,100
Aug 201818111259.403.07$11,095
Jul 201818010765.142.93$12,039
Jun 20181728960.183.08$10,625
May 201816610965.382.90$11,169
Apr 201817810563.842.90$11,668
Mar 201817811061.222.79$11,204
Feb 201817410061.782.77$11,026
Jan 20181747762.874.01$11,248
Dec 201708157.272.92$237
Nov 20171691755.423.12$9,419
Oct 2017331049.292.98$16,315
Sep 20170047.523.09$0
Aug 20171703345.373.00$7,812
Jul 20171804443.873.09$8,032
Jun 20171836742.493.09$7,983
May 201718316445.373.26$8,838
Apr 201717118347.933.21$8,784
Mar 201717316246.772.98$8,575
Feb 20171834150.452.95$9,353
Jan 2017154649.413.42$7,630
Dec 20163336048.763.72$16,460
Nov 20161628742.492.64$7,113
Oct 201617017246.193.09$8,384
Sep 201616518341.553.10$7,423
Aug 201617423841.442.92$7,907
Jul 201616524141.622.92$7,572
Jun 201617134945.352.69$8,692
May 201633020842.521.99$14,446
Apr 201618318036.561.99$7,049
Mar 201618210733.011.79$6,200
Feb 201617613126.472.06$4,929
Jan 20161848727.352.36$5,238
Dec 201517921032.362.00$6,213
Nov 201514833438.792.17$6,465
Oct 201536033643.552.43$16,493
Sep 201518114142.992.76$8,170
Aug 201527012140.162.87$11,191
Jul 201506348.152.95$186
Jun 20151815456.152.88$10,319
May 20151796655.212.96$10,078
Apr 20151836749.822.71$9,298
Mar 20150042.892.93$0
Feb 2015011744.662.98$348
Jan 201516514943.433.10$7,628
Dec 201417329954.693.59$10,535
Nov 201418132170.464.25$14,118
Oct 201452143878.303.90$42,503
Sep 201417511586.164.05$15,543
Aug 201416849689.394.04$17,019
Jul 201418127996.564.18$18,643
Jun 201417232398.164.74$18,414
May 201418223694.734.73$18,356
Apr 201452927595.944.81$52,075
Mar 201436131595.895.06$36,209
Feb 201435627697.406.19$36,383
Jan 2014019190.404.86$928
Dec 2013040891.824.35$1,777
Nov 201336746088.853.74$34,328
Oct 201318246397.423.78$19,480
Sep 2013350324104.113.72$37,643
Aug 20131711,569104.253.52$23,354
Jul 2013372600102.523.72$40,368
Jun 201318232694.403.93$18,463
May 201354335694.834.15$52,970
Apr 201318047193.964.28$18,930
Mar 201317528693.623.91$17,503
Feb 201337037691.233.42$35,041
Jan 201337055791.603.42$35,797
Dec 201219723486.773.42$17,894
Nov 201239017586.953.62$34,545
Oct 201219234589.383.40$18,334
Sep 201256218094.672.92$53,730
Aug 201218218192.662.91$17,391
Jul 201236915785.133.02$31,887
Jun 201218031979.822.52$15,171
May 201251332291.612.49$47,797
Apr 201219421101.652.00$19,762
Mar 2012365137105.052.22$38,648
Feb 201253681101.102.57$54,398
Jan 20123802898.092.73$37,351
Dec 201119421296.873.24$19,480
Nov 201153622195.723.31$52,038
Oct 20113499184.983.65$29,990
Sep 201187239183.623.99$74,475
Aug 201153233483.404.15$45,755
Jul 201174246594.144.52$71,952
Jun 201135628492.904.64$34,390
May 2011912098.134.40$89,495
Apr 20111,4940105.964.33$158,304
Mar 20111,085096.364.06$104,551
Feb 201116085.644.18$1,370
Jan 201115086.504.59$1,298
Dec 20100085.734.35$0
Nov 20109080.843.80$728

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 2024 — as filed, then multipliedworked
Oil                    0 bbl  × $ 79.93 =         $0
Casinghead gas        14 Mcf  × $  2.15 =        $30

────────────────────────────────────────────────────
Month total                                      $30

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/40906 is the state's own key, not one this site invented.