SPACKLER

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 50280District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$193.9 M
Apr 2018 – May 2026
Value, last 12 filed months
$54.0 M
at the published price for each month
Months reported
98
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
OilDisposition2,689,393 bbl$167,716,718
Casinghead gasProduction7,370,009 Mcf$26,169,342
Total$193,886,060

Wells on this lease (10)

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 32.4448, -101.7221. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

32.44463, -101.72287 · 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 10 wells
With a plug date
0.0%
0 of 10 wells
Median depth
8,515 ft
10 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.
10100.0%

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

Total depth in feet, 10 of 10 wells. Median 8,515 ft, with the middle half between 8,080 and 8,639 ft; the shallowest is 7,410 ft and the deepest 8,871 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

When they were last completed

Last completion by decade, 10 of 10 wells, Apr 2018 – Sep 2025. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Apr 2018 – Sep 2025
10 of 10 wells

10 wells

42-317466413361WB8,871 ftSep 2025
42-317466383311JM7,919 ftSep 2025
42-317466403301MS7,410 ftSep 2025
42-317466393341WA8,637 ftSep 2025
42-317466423381DN8,448 ftSep 2025
42-317408973364WB8,756 ftMay 2018
42-317408943326LS8,162 ftApr 2018
42-317408953325LS8,052 ftApr 2018
42-317408963372WB8,639 ftApr 2018
42-317408983346WA8,582 ftApr 2018

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 (98)

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

98 months

May 202650,743141,775106.413.05$5,831,387
Apr 202653,175168,31298.932.87$5,743,611
Mar 202662,772179,18489.753.15$6,198,116
Feb 202664,067157,37163.503.75$4,658,446
Jan 202679,084169,58259.138.00$6,032,540
Dec 2025103,611184,18756.664.41$6,683,483
Nov 2025117,924164,92258.593.93$7,556,724
Oct 2025128,785131,89759.383.30$8,083,152
Sep 202540,70137,39562.743.08$2,668,642
Aug 20259023,73163.933.01$68,913
Jul 20255632,42866.743.32$45,624
Jun 20254,36543,65466.483.13$426,766
May 20255,56451,00060.553.23$501,749
Apr 20255,07443,06362.363.54$468,992
Mar 20255,52644,43267.704.27$563,760
Feb 20254,94741,74170.884.34$531,834
Jan 20255,74247,70674.324.28$630,864
Dec 20245,89743,86768.993.12$543,759
Nov 20245,25334,77369.052.20$439,166
Oct 20245,36738,90471.372.28$471,798
Sep 20245,03841,01269.612.36$447,662
Aug 20246,37146,31075.632.06$577,405
Jul 20246,45950,07279.932.15$623,752
Jun 20246,19046,92278.082.63$606,907
May 20245,38750,72478.812.20$536,063
Apr 20247,01359,80184.451.66$691,470
Mar 20247,57361,90780.301.55$703,766
Feb 20247,02553,19876.091.78$629,418
Jan 20246,97160,03373.023.30$706,991
Dec 20238,16861,78371.262.61$743,350
Nov 20238,02658,72277.892.81$790,011
Oct 20238,35353,31185.443.09$878,266
Sep 20237,59947,11989.042.74$805,487
Aug 20237,49547,94580.522.67$731,649
Jul 20236,46840,94174.852.64$592,288
Jun 20237,07341,06268.962.26$580,492
May 20237,61257,23270.622.23$665,038
Apr 20238,61757,41578.122.24$801,641
Mar 20238,98556,37672.852.39$789,474
Feb 20233,1475,31675.112.47$249,479
Jan 20234,70418,64276.533.39$423,151
Dec 20227,83355,33276.415.73$915,521
Nov 20228,87455,67185.005.65$1,068,620
Oct 20229,35059,77087.185.86$1,165,610
Sep 20228,68462,82184.888.16$1,249,948
Aug 20228,87165,89394.529.13$1,439,903
Jul 20229,59467,751101.587.54$1,485,542
Jun 20229,26967,081115.097.98$1,601,888
May 20229,91470,468109.378.43$1,678,554
Apr 202210,65072,048104.226.84$1,602,578
Mar 202210,71573,838108.885.08$1,541,480
Feb 202210,10468,28391.054.86$1,251,745
Jan 202212,19781,35381.844.54$1,367,356
Dec 202112,68777,07571.323.90$1,205,362
Nov 202111,38077,41377.435.24$1,286,554
Oct 202113,63174,95879.795.71$1,515,918
Sep 202112,96178,22869.865.35$1,324,047
Aug 202113,52779,52966.024.22$1,228,712
Jul 202114,28076,25970.783.98$1,314,408
Jun 202114,13066,50769.493.38$1,206,729
May 202110,14052,49363.483.02$802,094
Apr 202112,03264,55260.362.76$904,313
Mar 202117,42884,39961.302.72$1,297,643
Feb 202112,23260,56757.805.55$1,043,032
Jan 202117,73283,76650.412.81$1,129,275
Dec 202017,63588,09644.642.68$1,022,924
Nov 202018,81685,05438.772.71$959,701
Oct 202018,85482,03036.972.48$900,338
Sep 202018,89169,16037.091.99$838,368
Aug 202018,50971,21339.982.39$909,840
Jul 202020,48570,32238.371.83$914,356
Jun 202019,02869,00634.901.69$780,719
May 202020,63969,64516.921.81$475,600
Apr 202023,33971,70214.751.80$473,628
Mar 202022,37965,27530.341.86$800,144
Feb 202021,94758,41249.881.98$1,210,411
Jan 202028,15877,14057.252.09$1,773,634
Dec 201929,02976,64859.012.30$1,889,626
Nov 201928,55073,13555.302.75$1,779,987
Oct 201932,92475,58553.472.42$1,943,252
Sep 201934,09073,05755.052.66$2,070,787
Aug 201935,23957,36253.112.30$2,003,726
Jul 201915,33627,55456.272.46$930,741
Jun 201929,61686,36952.782.49$1,778,295
May 201938,059128,71958.482.74$2,578,422
Apr 201940,929126,39562.632.75$2,911,058
Mar 201941,016107,67656.803.06$2,659,423
Feb 201941,400107,38550.852.79$2,405,033
Jan 201952,617129,19646.033.23$2,839,028
Dec 201854,149102,63746.594.19$2,952,383
Nov 201866,491103,89352.934.24$3,959,588
Oct 201849,64258,48761.443.40$3,248,748
Sep 201879,982138,01659.543.11$5,191,082
Aug 2018104,149162,13559.403.07$6,683,647
Jul 2018135,266160,59965.142.93$9,282,084
Jun 2018177,274138,34860.183.08$11,094,035
May 2018149,830114,19665.382.90$10,127,145
Apr 201832,57423,74063.842.90$2,148,389

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               50,743 bbl  × $106.41 = $5,399,563
Casinghead gas   141,775 Mcf  × $  3.05 =   $431,824

────────────────────────────────────────────────────
Month total                               $5,831,387

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/50280 is the state's own key, not one this site invented.