PAPAGIORGIO 33-40 B

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 48828District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$64.6 M
May 2017 – May 2026
Value, last 12 filed months
$2.4 M
at the published price for each month
Months reported
109
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
OilDisposition982,733 bbl$58,326,608
Casinghead gasProduction1,881,966 Mcf$6,233,963
Total$64,560,572

Wells on this lease (2)

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 32.2637, -101.4554. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.26372, -101.45537 · 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 2 wells
With a plug date
0.0%
0 of 2 wells
Median depth
7,095 ft
2 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.
2100.0%

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

Between 6,881 and 7,309 ft, median 7,095 ft, over the 2 wells that filed a depth.

Completions filed
May 2017
2 of 2 wells

2 wells

42-227388551LS6,881 ftMay 2017
42-227388181WA7,309 ftMay 2017

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 (109)

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

109 months

May 2026153836106.413.05$18,827
Apr 20263098.932.87$297
Mar 20264252,09489.753.15$44,739
Feb 20261,45610,90963.503.75$133,368
Jan 20263,35117,03159.138.00$334,357
Dec 20253,07422,27156.664.41$272,463
Nov 20253,32818,35958.593.93$267,073
Oct 20253,14114,78059.383.30$235,358
Sep 20252,78813,71162.743.08$217,107
Aug 20253,30613,92663.933.01$253,336
Jul 20253,82914,03066.743.32$302,060
Jun 20253,86419,05966.483.13$316,509
May 20253,30717,83660.553.23$257,891
Apr 20253,88915,50562.363.54$297,454
Mar 20254,45817,52067.704.27$376,588
Feb 20254,18124,72970.884.34$403,694
Jan 20254,43726,46574.324.28$442,993
Dec 20244,00513,85868.993.12$319,561
Nov 20243,1908,75869.052.20$239,523
Oct 20241,4173,66371.372.28$109,488
Sep 20243,86424,12369.612.36$326,009
Aug 20243,50728,99975.632.06$325,078
Jul 20242,94116,73379.932.15$270,993
Jun 20243,20024,67478.082.63$314,847
May 20243,47120,46778.812.20$318,545
Apr 20243,74123,22584.451.66$354,462
Mar 20242,85310,70880.301.55$245,641
Feb 20242,9517,85376.091.78$238,549
Jan 20243,78610,18973.023.30$310,054
Dec 20234,38811,61771.262.61$343,018
Nov 20234,55016,41277.892.81$400,477
Oct 20235,62219,57585.443.09$540,777
Sep 20235,00317,91389.042.74$494,460
Aug 20234,53115,27580.522.67$405,664
Jul 20234,57416,93974.852.64$387,113
Jun 20236,52321,10368.962.26$497,487
May 20237,74819,54470.622.23$590,696
Apr 20236,52420,76978.122.24$556,131
Mar 20236,21718,90472.852.39$498,149
Feb 20236,48312,93975.112.47$518,842
Jan 20237,45417,04376.533.39$628,192
Dec 20228,07017,84576.415.73$718,864
Nov 20225,2109,90285.005.65$498,759
Oct 20222,0975,57387.185.86$215,495
Sep 20226,12415,48384.888.16$646,203
Aug 20227,05317,99594.529.13$830,893
Jul 20227,06617,633101.587.54$850,754
Jun 20227,71318,894115.097.98$1,038,410
May 20228,36018,926109.378.43$1,073,937
Apr 20228,56117,681104.226.84$1,013,123
Mar 20228,48216,916108.885.08$1,009,393
Feb 20223,9235,12891.054.86$382,105
Jan 20226,51711,45281.844.54$585,317
Dec 20215,9849,78471.323.90$464,928
Nov 20215,5239,59977.435.24$477,914
Oct 20214,6036,98979.795.71$407,208
Sep 20213,1024,56369.865.35$241,122
Aug 20218882,43966.024.22$68,920
Jul 20213395970.783.98$24,229
Jun 20213,3386,94269.493.38$255,426
May 20217,25215,36963.483.02$506,736
Apr 20217,23115,08160.362.76$478,063
Mar 20217,71615,74661.302.72$515,772
Feb 20212,3464,21757.805.55$158,995
Jan 20214,0316,86650.412.81$222,498
Dec 20207,05814,42344.642.68$353,657
Nov 20206,79615,07238.772.71$304,274
Oct 20207,37816,88736.972.48$314,618
Sep 20206,71319,45837.091.99$287,727
Aug 20206,53220,63039.982.39$310,354
Jul 20206,99714,84038.371.83$295,560
Jun 20208,16418,68534.901.69$316,507
May 20207,88120,43216.921.81$170,425
Apr 20209,21022,34014.751.80$176,157
Mar 202010,14621,34830.341.86$347,456
Feb 20206,96414,12749.881.98$375,345
Jan 20208,74817,80057.252.09$538,109
Dec 20199,35818,52659.012.30$594,906
Nov 20199,84620,94555.302.75$602,097
Oct 20199,81921,32953.472.42$576,607
Sep 20199,75821,03655.052.66$593,076
Aug 201910,84322,72953.112.30$628,248
Jul 201912,13724,50956.272.46$743,243
Jun 201913,19224,24652.782.49$756,675
May 201914,35923,42158.482.74$903,895
Apr 201913,18717,91762.632.75$875,186
Mar 20195,4448,69356.803.06$335,838
Feb 20198,39214,94350.852.79$468,457
Jan 201912,48420,38246.033.23$640,435
Dec 201813,53920,16446.594.19$715,177
Nov 201813,13320,56852.934.24$782,281
Oct 201811,59017,48361.443.40$771,498
Sep 201815,40825,57559.543.11$996,879
Aug 201817,10529,49859.403.07$1,106,494
Jul 201817,45926,42965.142.93$1,214,766
Jun 201818,62624,68360.183.08$1,196,860
May 201820,71527,48165.382.90$1,434,064
Apr 201812,78521,18663.842.90$877,651
Mar 201820,30529,79261.222.79$1,326,098
Feb 201823,39732,36261.782.77$1,534,984
Jan 201826,61934,12762.874.01$1,810,363
Dec 201731,95033,96057.272.92$1,928,991
Nov 201729,94726,45155.423.12$1,742,146
Oct 201738,50530,53949.292.98$1,989,030
Sep 201729,61523,93147.523.09$1,481,187
Aug 201739,16325,89345.373.00$1,854,618
Jul 201745,47826,83143.873.09$2,077,955
Jun 201735,33421,21942.493.09$1,566,851
May 201711,5927,65045.373.26$550,894

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                  153 bbl  × $106.41 =    $16,281
Casinghead gas       836 Mcf  × $  3.05 =     $2,546

────────────────────────────────────────────────────
Month total                                  $18,827

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/48828 is the state's own key, not one this site invented.