FARVA 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 50291District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$97.6 M
Mar 2018 – May 2026
Value, last 12 filed months
$22.6 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
OilDisposition1,317,972 bbl$90,052,671
Casinghead gasProduction2,233,795 Mcf$7,533,284
Total$97,585,956

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 32.5003, -101.4698. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

32.50042, -101.46926 · 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
7,150 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 6,476 and 7,459 ft, median 7,150 ft, over the 5 wells that filed a depth.

Completions filed
Mar 2018 – May 2024
5 of 5 wells

5 wells

42-227422444801MS6,476 ftMay 2024
42-227422434821LS7,150 ftMay 2024
42-227422474843WA7,459 ftMay 2024
42-227422484822LS7,149 ftMay 2024
42-227392344844WA7,453 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 202616,10861,797106.413.05$1,902,276
Apr 202617,98466,48798.932.87$1,969,956
Mar 202620,77974,20689.753.15$2,098,623
Feb 202620,29367,74063.503.75$1,542,652
Jan 202621,18567,86059.138.00$1,795,408
Dec 202523,06674,76256.664.41$1,636,871
Nov 202524,22074,74158.593.93$1,712,516
Oct 202526,89479,68059.383.30$1,860,295
Sep 202524,32566,03262.743.08$1,729,326
Aug 202524,76062,37463.933.01$1,770,949
Jul 202532,84370,59166.743.32$2,425,965
Jun 202529,94064,13466.483.13$2,191,069
May 202533,67676,40760.553.23$2,286,054
Apr 202532,39567,77262.363.54$2,260,277
Mar 202535,57866,30967.704.27$2,691,659
Feb 202537,53567,01770.884.34$2,951,391
Jan 202544,22674,98974.324.28$3,607,730
Dec 202448,32276,10868.993.12$3,571,296
Nov 202448,87373,56169.052.20$3,536,400
Oct 202453,94773,92971.372.28$4,018,859
Sep 202456,50869,12969.612.36$4,096,968
Aug 202468,38579,46775.632.06$5,335,948
Jul 202476,82273,48879.932.15$6,298,131
Jun 202479,73657,42278.082.63$6,377,035
May 202449,47532,01978.812.20$3,969,517
Apr 20240084.451.66$0
Mar 20242080.301.55$161
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 202310715571.262.61$8,029
Nov 20232,5717,22977.892.81$220,551
Oct 20231,9034,90985.443.09$177,748
Sep 20231,9433,06189.042.74$181,377
Aug 20231,5632,40180.522.67$132,270
Jul 20231,5802,38974.852.64$124,574
Jun 20231,4122,05068.962.26$102,001
May 20237761,28170.622.23$57,654
Apr 202346796278.122.24$38,635
Mar 2023332472.852.39$2,461
Feb 2023823375.112.47$6,240
Jan 202357010776.533.39$43,985
Dec 20222,00049376.415.73$155,644
Nov 20221,96847085.005.65$169,934
Oct 20221,82245387.185.86$161,498
Sep 20221,7062,73284.888.16$167,108
Aug 20222,3195,68794.529.13$271,098
Jul 20222,7266,615101.587.54$326,798
Jun 20222,6996,275115.097.98$360,685
May 20223,7107,811109.378.43$471,633
Apr 20223,4887,477104.226.84$414,644
Mar 20223,3868,017108.885.08$409,365
Feb 20223,3616,95391.054.86$339,803
Jan 20223,7017,47681.844.54$336,814
Dec 20213,6767,82771.323.90$292,691
Nov 20213,1757,49477.435.24$285,085
Oct 20213,4818,07579.795.71$323,888
Sep 20213,6297,56869.865.35$294,018
Aug 20213,7458,31866.024.22$282,352
Jul 20213,4178,10970.783.98$274,146
Jun 20213,0537,95869.493.38$239,056
May 20212,5178,34163.483.02$184,950
Apr 20213,6288,85360.362.76$243,406
Mar 20214,5879,43261.302.72$306,809
Feb 20213,3535,95657.805.55$226,847
Jan 20214,8229,60150.412.81$270,058
Dec 20205,0859,70744.642.68$252,965
Nov 20205,0819,37038.772.71$222,351
Oct 20204,4449,23336.972.48$187,178
Sep 20204,81310,37137.091.99$199,163
Aug 20204,94810,82939.982.39$223,649
Jul 20205,20310,99638.371.83$219,708
Jun 20205,19810,82734.901.69$199,711
May 20205,0669,99316.921.81$103,852
Apr 20205,48810,53514.751.80$99,957
Mar 20205,60910,81230.341.86$190,247
Feb 20205,48810,35249.881.98$294,245
Jan 20206,54710,86857.252.09$397,581
Dec 20197,53910,35959.012.30$468,747
Nov 20194,1283,75455.302.75$238,605
Oct 20196,5027,54353.472.42$365,905
Sep 20196,8137,70355.052.66$395,525
Aug 20197,0697,10653.112.30$391,809
Jul 20196,9715,60156.272.46$406,037
Jun 20191,39253452.782.49$74,800
May 20194,8675,94358.482.74$300,908
Apr 20196,1807,98062.632.75$409,004
Mar 20196,3989,30956.803.06$391,911
Feb 20196,8899,44850.852.79$376,687
Jan 20199,12012,46646.033.23$460,036
Dec 20189,56713,32146.594.19$501,481
Nov 20189,95410,69752.934.24$572,191
Oct 201810,73011,77761.443.40$699,270
Sep 201811,50411,13759.543.11$719,562
Aug 201812,65011,28559.403.07$786,016
Jul 201814,51712,49965.142.93$982,283
Jun 201817,18614,97460.183.08$1,080,327
May 201824,93217,19265.382.90$1,679,925
Apr 201824,65213,36863.842.90$1,612,562
Mar 20188,5895,29361.222.79$540,569

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               16,108 bbl  × $106.41 = $1,714,052
Casinghead gas    61,797 Mcf  × $  3.05 =   $188,224

────────────────────────────────────────────────────
Month total                               $1,902,276

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/50291 is the state's own key, not one this site invented.