FALKOR 4-8 A

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 48140District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$20.7 M
Jul 2016 – May 2026
Value, last 12 filed months
$1.0 M
at the published price for each month
Months reported
119
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
OilDisposition328,362 bbl$17,443,873
Casinghead gasProduction962,681 Mcf$3,243,067
Total$20,686,940

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 32.3200, -101.5739. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.32001, -101.57386 · 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
7,471 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 7,471 ft.

Completions filed
Jul 2016
1 of 1 wells

1 well

42-227387565LS7,471 ftJul 2016

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 (119)

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

119 months

May 202651916,557106.413.05$105,657
Apr 202653313,96198.932.87$92,794
Mar 202669713,63389.753.15$105,492
Feb 2026611,40663.503.75$43,157
Jan 20261910,18059.138.00$82,542
Dec 202572114,28356.664.41$103,888
Nov 202556314,55158.593.93$90,120
Oct 202552113,04959.383.30$74,062
Sep 202550413,98962.743.08$74,664
Aug 202539412,19463.933.01$61,950
Jul 202590614,22966.743.32$107,638
Jun 202552114,33766.483.13$79,493
May 202541110,20160.553.23$57,859
Apr 202576114,18062.363.54$97,697
Mar 202558713,35367.704.27$96,735
Feb 202590213,53270.884.34$122,674
Jan 202551015,57274.324.28$104,531
Dec 202469514,85168.993.12$94,304
Nov 202469313,48069.052.20$77,487
Oct 202485112,08871.372.28$88,313
Sep 202487312,43869.612.36$90,177
Aug 202468610,05375.632.06$72,628
Jul 20243498,22279.932.15$45,545
Jun 20245188,22078.082.63$62,097
May 20241,21713,88278.812.20$126,431
Apr 202485412,51484.451.66$92,884
Mar 20241,04013,42480.301.55$104,254
Feb 202469312,05076.091.78$74,223
Jan 20241,00714,88273.023.30$122,607
Dec 20231,24615,30971.262.61$128,757
Nov 202386414,39077.892.81$107,698
Oct 20231,00313,45585.443.09$127,236
Sep 20231,32112,39189.042.74$151,512
Aug 202382012,45780.522.67$99,322
Jul 202398810,23674.852.64$100,993
Jun 20231,18810,30968.962.26$105,207
May 20231,02312,00270.622.23$98,978
Apr 20231,35211,18778.122.24$130,652
Mar 20231,86612,09672.852.39$164,886
Feb 20231,37910,59375.112.47$129,696
Jan 20232,05611,09876.533.39$194,943
Dec 202201,73676.415.73$9,946
Nov 20227014,52085.005.65$85,106
Oct 20221,5056,76387.185.86$170,863
Sep 20221,1699,07884.888.16$173,335
Aug 20221,6647,26394.529.13$223,572
Jul 20221771,985101.587.54$32,951
Jun 2022085115.097.98$678
May 20221,9838,617109.378.43$289,548
Apr 20221,0536,944104.226.84$157,224
Mar 20221,1875,496108.885.08$157,140
Feb 20221,0265,50591.054.86$120,165
Jan 20221,0746,20881.844.54$116,066
Dec 20218345,43871.323.90$80,684
Nov 20211,1717,24677.435.24$128,617
Oct 20211,3358,04179.795.71$152,465
Sep 20211,4987,28669.865.35$143,637
Aug 20211,8217,39566.024.22$151,434
Jul 20218282,43970.783.98$68,318
Jun 20211,6485,17469.493.38$132,011
May 20218042,95263.483.02$59,946
Apr 20211,5126,04560.362.76$107,939
Mar 20211,7735,28761.302.72$123,049
Feb 20211,0053,46857.805.55$77,329
Jan 20211,6464,93550.412.81$96,844
Dec 20201,4953,41944.642.68$75,884
Nov 20201,7483,19638.772.71$76,420
Oct 20201,6232,50536.972.48$66,211
Sep 20201,1581,69337.091.99$46,321
Aug 20201,4671,48139.982.39$62,183
Jul 20201,3081,55038.371.83$53,017
Jun 20201,7861,52834.901.69$64,914
May 20201,6541,92616.921.81$31,481
Apr 20202,1531,80814.751.80$35,019
Mar 20201,6483,02430.341.86$55,614
Feb 202066010049.881.98$33,119
Jan 20200657.252.09$13
Dec 20190459.012.30$9
Nov 201901155.302.75$30
Oct 20190453.472.42$10
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 201945156556.272.46$26,768
Jun 20192,6336,98452.782.49$156,368
May 20192671,17558.482.74$18,834
Apr 20191,7364,53362.632.75$121,195
Mar 20192,3846,66956.803.06$155,832
Feb 20192,5187,38350.852.79$148,655
Jan 20193,2419,29146.033.23$179,176
Dec 20183,5179,09746.594.19$201,932
Nov 20183,4167,51552.934.24$212,652
Oct 20184,83513,04761.443.40$341,397
Sep 20183,2176,47159.543.11$211,652
Aug 20183,2386,90759.403.07$213,518
Jul 20183,4596,01465.142.93$242,952
Jun 20183,3742,38760.183.08$210,392
May 20184,1704,19865.382.90$284,812
Apr 20184,7674,61463.842.90$317,710
Mar 20184,9535,18961.222.79$317,684
Feb 20183,7904,15061.782.77$245,626
Jan 20184,2923,63862.874.01$284,424
Dec 20175,5126,60557.272.92$334,969
Nov 20175,8026,01155.423.12$340,291
Oct 20176,2057,85149.292.98$329,269
Sep 20176,0605,56347.523.09$305,146
Aug 20173,7804,33545.373.00$184,523
Jul 20176,2055,84643.873.09$290,262
Jun 20177,0158,17542.493.09$323,306
May 20177,0277,70345.373.26$343,953
Apr 20177,3998,52247.933.21$382,003
Mar 20179,1529,98246.772.98$457,822
Feb 20179,2549,65150.452.95$495,360
Jan 201712,41212,88149.413.42$657,314
Dec 201611,30611,49748.763.72$594,082
Nov 201616,01817,25542.492.64$726,233
Oct 201621,41820,14546.193.09$1,051,551
Sep 201627,31919,33741.553.10$1,195,061
Aug 201626,78416,41441.442.92$1,157,929
Jul 20161,6652,08641.622.92$75,397

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                  519 bbl  × $106.41 =    $55,227
Casinghead gas    16,557 Mcf  × $  3.05 =    $50,430

────────────────────────────────────────────────────
Month total                                 $105,657

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/48140 is the state's own key, not one this site invented.