MAHANEY 35

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 45232District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$1.3 M
Mar 2014 – May 2026
Value, last 12 filed months
$33 k
at the published price for each month
Months reported
147
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
OilDisposition18,744 bbl$1,256,418
Casinghead gasProduction6,149 Mcf$17,985
Total$1,274,403

Every month this lease reported (147)

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

147 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 2026141089.753.15$12,655
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 2025348058.593.93$20,389
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 2024541071.372.28$38,611
Sep 2024178069.612.36$12,391
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 2024187084.451.66$15,792
Mar 20243432180.301.55$27,575
Feb 20241671,06476.091.78$14,605
Jan 2024531073.023.30$38,774
Dec 2023170071.262.61$12,114
Nov 20230077.892.81$0
Oct 2023202085.443.09$17,259
Sep 2023367089.042.74$32,678
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 2023163070.622.23$11,511
Apr 2023199078.122.24$15,546
Mar 2023202072.852.39$14,716
Feb 2023202075.112.47$15,172
Jan 2023182076.533.39$13,928
Dec 2022168076.415.73$12,837
Nov 2022200085.005.65$17,000
Oct 2022177087.185.86$15,431
Sep 20220084.888.16$0
Aug 2022360094.529.13$34,027
Jul 20221790101.587.54$18,183
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 2021177069.865.35$12,365
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 202186050.412.81$4,335
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 2020153034.901.69$5,340
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 2020169057.252.09$9,675
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20191691350.852.79$8,630
Jan 201903246.033.23$103
Dec 20181763646.594.19$8,351
Nov 20181754552.934.24$9,453
Oct 201805161.443.40$173
Sep 20181654859.543.11$9,973
Aug 20181794959.403.07$10,783
Jul 20181774965.142.93$11,673
Jun 20181714260.183.08$10,420
May 20181693965.382.90$11,162
Apr 20181783263.842.90$11,456
Mar 20181723261.222.79$10,619
Feb 20180861.782.77$22
Jan 20180062.874.01$0
Dec 2017171057.272.92$9,793
Nov 2017170055.423.12$9,421
Oct 2017170049.292.98$8,379
Sep 20170047.523.09$0
Aug 2017158045.373.00$7,168
Jul 2017154043.873.09$6,756
Jun 2017165042.493.09$7,011
May 2017168045.373.26$7,622
Apr 20171671947.933.21$8,065
Mar 20171706346.772.98$8,139
Feb 20171702050.452.95$8,636
Jan 2017332049.413.42$16,404
Dec 2016164048.763.72$7,997
Nov 20161622342.492.64$6,944
Oct 20161663646.193.09$7,779
Sep 20161703841.553.10$7,181
Aug 201616815241.442.92$7,406
Jul 201615927141.622.92$7,410
Jun 201617129945.352.69$8,558
May 201616828042.521.99$7,701
Apr 201618026936.561.99$7,116
Mar 201618018433.011.79$6,272
Feb 201605126.472.06$105
Jan 20163604727.352.36$9,957
Dec 20151829232.362.00$6,074
Nov 201521810138.792.17$8,675
Oct 201517711543.552.43$7,987
Sep 201517812142.992.76$7,986
Aug 201535711940.162.87$14,679
Jul 201517912848.152.95$8,996
Jun 201535811256.152.88$20,425
May 201535917555.212.96$20,338
Apr 20151835449.822.71$9,263
Mar 20150042.892.93$0
Feb 2015178044.662.98$7,949
Jan 2015180543.433.10$7,833
Dec 2014013854.693.59$496
Nov 201436717870.464.25$26,616
Oct 201453422778.303.90$42,698
Sep 201435616186.164.05$31,324
Aug 201453644289.394.04$49,697
Jul 201453442896.564.18$53,352
Jun 201469912798.164.74$69,215
May 201488911394.734.73$84,749
Apr 2014714095.944.81$68,501
Mar 20140095.895.06$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.

Mar 2026 — as filed, then multipliedworked
Oil                  141 bbl  × $ 89.75 =    $12,655
Casinghead gas         0 Mcf  × $  3.15 =         $0

────────────────────────────────────────────────────
Month total                                  $12,655

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/45232 is the state's own key, not one this site invented.