FARVA 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 50284District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$103.4 M
Mar 2018 – May 2026
Value, last 12 filed months
$23.5 M
at the published price for each month
Months reported
99
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
OilDisposition1,401,939 bbl$95,840,099
Casinghead gasProduction2,196,629 Mcf$7,510,174
Total$103,350,274

Wells on this lease (5)

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 32.5027, -101.4598. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

32.50255, -101.46003 · 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 5 wells
With a plug date
0.0%
0 of 5 wells
Median depth
7,051 ft
5 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.
5100.0%

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 6,375 and 7,465 ft, median 7,051 ft, over the 5 wells that filed a depth.

Completions filed
Mar 2018 – Apr 2024
5 of 5 wells

5 wells

42-227422394823LS7,051 ftApr 2024
42-227422404824LS7,026 ftApr 2024
42-227422424804MS6,375 ftApr 2024
42-227422414846WA7,368 ftApr 2024
42-227392324845WA7,465 ftMar 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 (99)

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

99 months

May 202618,53057,778106.413.05$2,147,760
Apr 202621,57763,17998.932.87$2,315,919
Mar 202622,30663,59289.753.15$2,202,243
Feb 202620,35258,18363.503.75$1,510,557
Jan 202622,12362,27759.138.00$1,806,219
Dec 202524,22963,66456.664.41$1,653,787
Nov 202525,52763,76258.593.93$1,745,985
Oct 202529,02970,24259.383.30$1,955,881
Sep 202528,05167,38462.743.08$1,967,255
Aug 202527,99265,97863.933.01$1,988,436
Jul 202526,29665,24066.743.32$1,971,279
Jun 202530,43068,81566.483.13$2,238,289
May 202535,37466,96460.553.23$2,358,345
Apr 202524,87748,99062.363.54$1,724,907
Mar 202528,15860,00967.704.27$2,162,434
Feb 202530,74556,52070.884.34$2,424,550
Jan 202538,91062,38774.324.28$3,158,725
Dec 202445,34267,79968.993.12$3,339,770
Nov 202444,30364,05069.052.20$3,199,932
Oct 202446,56954,02871.372.28$3,446,889
Sep 202447,44949,58169.612.36$3,420,152
Aug 202461,52961,97775.632.06$4,781,336
Jul 202465,46357,90779.932.15$5,356,760
Jun 202483,37860,47978.082.63$6,669,455
May 202478,43143,59778.812.20$6,276,993
Apr 20246,3537,14784.451.66$548,369
Mar 20242080.301.55$161
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 2023123371.262.61$8,773
Nov 20233,1216,39577.892.81$261,049
Oct 20233,8778,83985.443.09$358,539
Sep 20233,9789,95889.042.74$381,437
Aug 20234,38111,14580.522.67$382,547
Jul 20234,47611,47374.852.64$365,338
Jun 20234,49011,71068.962.26$336,077
May 20232,8947,87370.622.23$221,911
Apr 20233,1568,56278.122.24$265,706
Mar 20233,8828,92172.852.39$304,153
Feb 20235,25011,63475.112.47$423,013
Jan 20235,18512,48876.533.39$439,114
Dec 20223,69810,66476.415.73$343,659
Nov 20223,77312,04885.005.65$388,730
Oct 20223,48711,63087.185.86$372,192
Sep 20223,1358,34384.888.16$334,208
Aug 20223,4698,76694.529.13$407,899
Jul 20223,1178,854101.587.54$383,402
Jun 20223,1068,451115.097.98$424,885
May 20223,2317,752109.378.43$418,747
Apr 20223,0927,119104.226.84$370,925
Mar 20224,0019,093108.885.08$481,789
Feb 20223,3427,89591.054.86$342,650
Jan 20224,0418,81181.844.54$370,697
Dec 20214,1319,63671.323.90$332,195
Nov 20214,4889,13877.435.24$395,360
Oct 20215,0359,88579.795.71$458,224
Sep 20215,1968,96169.865.35$410,942
Aug 20215,66810,20166.024.22$417,256
Jul 20216,8359,72470.783.98$522,503
Jun 20215,8697,47169.493.38$433,093
May 2021353063.483.02$22,408
Apr 20212,5936,31060.362.76$173,919
Mar 20213,8759,02061.302.72$262,044
Feb 20213,4245,78557.805.55$230,002
Jan 20215,1989,43250.412.81$288,538
Dec 20205,2648,86044.642.68$258,690
Nov 20205,1557,83138.772.71$221,055
Oct 20204,9186,84836.972.48$198,791
Sep 20205,6298,56637.091.99$225,835
Aug 20206,2659,02839.982.39$272,007
Jul 20206,3989,15338.371.83$262,197
Jun 20207,16710,43734.901.69$267,770
May 20206,9339,51216.921.81$134,568
Apr 20207,18810,50514.751.80$124,978
Mar 20207,90310,22630.341.86$258,759
Feb 20207,0278,61149.881.98$367,562
Jan 20207,2518,81257.252.09$433,579
Dec 20197,4199,50259.012.30$459,691
Nov 20194,3194,72255.302.75$251,830
Oct 20196,7708,44353.472.42$382,412
Sep 20196,5858,74955.052.66$385,753
Aug 20195,8457,42953.112.30$327,547
Jul 20195,0275,73956.272.46$296,988
Jun 20192,2332,35552.782.49$123,725
May 20197,67610,08858.482.74$476,537
Apr 20198,99610,99762.632.75$593,669
Mar 20199,41812,84456.803.06$574,272
Feb 20199,02510,72950.852.79$488,879
Jan 201910,18513,67746.033.23$512,967
Dec 201810,62715,13046.594.19$558,438
Nov 201811,00412,30552.934.24$634,581
Oct 201811,78712,71361.443.40$767,393
Sep 201812,93712,62659.543.11$809,511
Aug 201814,72712,46259.403.07$912,999
Jul 201816,92713,99965.142.93$1,143,668
Jun 201819,59716,36160.183.08$1,229,689
May 201825,94618,97865.382.90$1,751,401
Apr 201832,53017,42063.842.90$2,127,247
Mar 201812,9665,45361.222.79$808,975

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               18,530 bbl  × $106.41 = $1,971,777
Casinghead gas    57,778 Mcf  × $  3.05 =   $175,983

────────────────────────────────────────────────────
Month total                               $2,147,760

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/50284 is the state's own key, not one this site invented.