BIG MAX 23 SE

Operated by SABALO II OPERATING, LLC (P-5 741937) 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 42328District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$3.0 M
Oct 2011 – May 2026
Value, last 12 filed months
$72 k
at the published price for each month
Months reported
176
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
OilDisposition37,609 bbl$2,806,449
Casinghead gasProduction48,148 Mcf$159,070
Total$2,965,519

Wells on this lease (1)

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 32.3116, -102.4397. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.31160, -102.43974 · 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
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
10,900 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
1100.0%

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

The one well that filed a depth was drilled to 10,900 ft.

Completions filed
Oct 2011
1 of 1 wells

1 well

42-003430061510,900 ftOct 2011

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 (176)

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

176 months

May 2026172101106.413.05$18,610
Apr 202607898.932.87$224
Mar 20261727089.753.15$15,657
Feb 202605963.503.75$221
Jan 202607059.138.00$560
Dec 20251927956.664.41$11,227
Nov 202507058.593.93$275
Oct 202507859.383.30$258
Sep 202518010562.743.08$11,616
Aug 2025013363.933.01$401
Jul 202518414466.743.32$12,758
Jun 2025010966.483.13$341
May 2025010460.553.23$336
Apr 20251865962.363.54$11,808
Mar 20251824367.704.27$12,505
Feb 202504370.884.34$187
Jan 202503174.324.28$133
Dec 20241873968.993.12$13,023
Nov 202404469.052.20$97
Oct 202407671.372.28$173
Sep 20241527669.612.36$10,760
Aug 2024410275.632.06$513
Jul 20241588079.932.15$12,801
Jun 202416413478.082.63$13,158
May 202446178.812.20$449
Apr 20240084.451.66$0
Mar 20242380.301.55$165
Feb 20241755376.091.78$13,410
Jan 202436220273.023.30$27,099
Dec 202305571.262.61$144
Nov 20230077.892.81$0
Oct 202302485.443.09$74
Sep 202303889.042.74$104
Aug 2023012580.522.67$334
Jul 202316310674.852.64$12,481
Jun 20231114668.962.26$7,758
May 202314810270.622.23$10,679
Apr 202306178.122.24$137
Mar 202312516672.852.39$9,504
Feb 2023210875.112.47$417
Jan 202316114176.533.39$12,799
Dec 202233812576.415.73$26,543
Nov 202204485.005.65$248
Oct 202209387.185.86$545
Sep 202216421184.888.16$15,643
Aug 202218522894.529.13$19,567
Jul 2022568101.587.54$5,749
Jun 202207115.097.98$56
May 2022178209109.378.43$21,230
Apr 2022098104.226.84$670
Mar 202213108.885.08$124
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 202117816171.323.90$13,323
Nov 2021038177.435.24$1,995
Oct 202114523879.795.71$12,929
Sep 202119824869.865.35$15,159
Aug 202116815166.024.22$11,729
Jul 20210070.783.98$0
Jun 2021228969.493.38$1,116
May 202113931563.483.02$9,774
Apr 202116628560.362.76$10,806
Mar 202111928061.302.72$8,055
Feb 202116924057.805.55$11,100
Jan 202103750.412.81$104
Dec 202017814144.642.68$8,323
Nov 202016820738.772.71$7,074
Oct 2020017136.972.48$424
Sep 202028819937.091.99$11,078
Aug 2020021639.982.39$515
Jul 202018621838.371.83$7,535
Jun 202014012734.901.69$5,101
May 2020018916.921.81$343
Apr 202019519914.751.80$3,235
Mar 202025417130.341.86$8,024
Feb 2020016749.881.98$331
Jan 202017417457.252.09$10,326
Dec 2019013659.012.30$313
Nov 201917511655.302.75$9,997
Oct 201918319753.472.42$10,261
Sep 2019018255.052.66$484
Aug 201936117353.112.30$19,571
Jul 2019020156.272.46$494
Jun 201917918352.782.49$9,904
May 201918514958.482.74$11,227
Apr 201918612762.632.75$11,999
Mar 201918615856.803.06$11,049
Feb 201919092450.852.79$12,242
Jan 2019049346.033.23$1,591
Dec 20185481,03046.594.19$29,842
Nov 201818542952.934.24$11,610
Oct 201841661.443.40$300
Sep 2018343759.543.11$2,139
Aug 20180059.403.07$0
Jul 201817133365.142.93$12,115
Jun 201817533960.183.08$11,575
May 201835824765.382.90$24,123
Apr 2018111563.842.90$397
Mar 201835723161.222.79$22,499
Feb 2018013761.782.77$379
Jan 201836023162.874.01$23,559
Dec 2017020957.272.92$611
Nov 201735326355.423.12$20,383
Oct 201716728849.292.98$9,091
Sep 201718023247.523.09$9,270
Aug 201718031645.373.00$9,116
Jul 201717520243.873.09$8,301
Jun 201717126642.493.09$8,087
May 201716427145.373.26$8,325
Apr 201717615747.933.21$8,940
Mar 201717617346.772.98$8,748
Feb 201716917850.452.95$9,052
Jan 201717315249.413.42$9,068
Dec 201617114248.763.72$8,867
Nov 201617721342.492.64$8,084
Oct 201617119346.193.09$8,495
Sep 201633721441.553.10$14,666
Aug 201617616241.442.92$7,767
Jul 201616716541.622.92$7,433
Jun 20161688245.352.69$7,839
May 201616726042.521.99$7,619
Apr 201616131636.561.99$6,515
Mar 201616436733.011.79$6,072
Feb 201617346126.472.06$5,531
Jan 201635145227.352.36$10,669
Dec 201517125532.362.00$6,044
Nov 201518538638.792.17$8,013
Oct 201536745143.552.43$17,077
Sep 201517144642.992.76$8,582
Aug 201517659740.162.87$8,783
Jul 201533564148.152.95$18,018
Jun 201536386056.152.88$22,862
May 201516745655.212.96$10,568
Apr 201518957349.822.71$10,967
Mar 201547336042.892.93$21,343
Feb 201518425244.662.98$8,967
Jan 201537125243.433.10$16,894
Dec 201419527054.693.59$11,634
Nov 201415921670.464.25$12,122
Oct 201465924378.303.90$52,548
Sep 2014027086.164.05$1,092
Aug 201472227989.394.04$65,665
Jul 2014127996.564.18$1,263
Jun 201434427098.164.74$35,046
May 201435033894.734.73$34,753
Apr 201439529595.944.81$39,315
Mar 201435023595.895.06$34,750
Feb 201433457197.406.19$36,067
Jan 201419741990.404.86$19,845
Dec 201337847791.824.35$36,785
Nov 201334556088.853.74$32,747
Oct 201334557097.423.78$35,764
Sep 2013368549104.113.72$40,354
Aug 2013352480104.253.52$38,387
Jul 2013357472102.523.72$38,354
Jun 201332348094.403.93$32,379
May 201334951994.834.15$35,249
Apr 201348543093.964.28$47,412
Mar 201336328393.623.91$35,091
Feb 201335828391.233.42$33,628
Jan 201335525791.603.42$33,397
Dec 201232728186.773.42$29,335
Nov 201245747886.953.62$41,469
Oct 201252659789.383.40$49,043
Sep 201233075894.672.92$33,453
Aug 201265571892.662.91$62,780
Jul 201248673985.133.02$43,606
Jun 201244872479.822.52$37,583
May 201295094591.612.49$89,381
Apr 2012517716101.652.00$53,983
Mar 2012868788105.052.22$92,934
Feb 2012694635101.102.57$71,796
Jan 201299871198.092.73$99,838
Dec 20111,3871,57696.873.24$139,465
Nov 20112,1001,74395.723.31$206,784
Oct 20113501,19984.983.65$34,118

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                  172 bbl  × $106.41 =    $18,303
Casinghead gas       101 Mcf  × $  3.05 =       $308

────────────────────────────────────────────────────
Month total                                  $18,610

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/42328 is the state's own key, not one this site invented.