COSTANZA 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 50549District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$14.8 M
May 2018 – May 2026
Value, last 12 filed months
$282 k
at the published price for each month
Months reported
97
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
OilDisposition223,769 bbl$13,644,600
Casinghead gasProduction327,453 Mcf$1,182,566
Total$14,827,166

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 32.3332, -101.5188. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.33318, -101.51880 · 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
7,839 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 7,839 ft.

Completions filed
May 2018
1 of 1 wells

1 well

42-227392704846WA7,839 ftMay 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 (97)

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

97 months

May 202648501106.413.05$6,634
Apr 202628570198.932.87$30,207
Mar 202634156289.753.15$32,375
Feb 202622046763.503.75$15,721
Jan 20262972659.138.00$17,770
Dec 20253705656.664.41$21,211
Nov 202529117458.593.93$17,733
Oct 20253035859.383.30$18,184
Sep 20251894562.743.08$11,996
Aug 202527365563.933.01$19,428
Jul 202580720266.743.32$54,529
Jun 202553521566.483.13$36,239
May 202553086560.553.23$34,887
Apr 20256864,60262.363.54$59,084
Mar 20251,1633767.704.27$78,893
Feb 202536630770.884.34$27,275
Jan 202537266174.324.28$30,475
Dec 202455934968.993.12$39,655
Nov 202452498069.052.20$38,337
Oct 202434555171.372.28$25,880
Sep 20243651,51269.612.36$28,983
Aug 20243561,49675.632.06$30,011
Jul 20243311,86879.932.15$30,467
Jun 20243531,89978.082.63$32,564
May 20243331,65478.812.20$29,880
Apr 20244031,70484.451.66$36,861
Mar 20243831,49180.301.55$33,059
Feb 20243691,39876.091.78$30,571
Jan 20243341,15073.023.30$28,181
Dec 20233761,05671.262.61$29,551
Nov 202338781077.892.81$32,418
Oct 20233931,06885.443.09$36,875
Sep 20231971,38789.042.74$21,334
Aug 20233521,58980.522.67$32,590
Jul 20234742,00974.852.64$40,786
Jun 20234342,11568.962.26$34,705
May 20235372,18470.622.23$42,788
Apr 20234812,14278.122.24$42,369
Mar 20232941,32572.852.39$24,589
Feb 20234852,94975.112.47$43,700
Jan 20235403,05776.533.39$51,682
Dec 20227143,71576.415.73$75,840
Nov 20227413,78085.005.65$84,328
Oct 20226643,74587.185.86$79,847
Sep 20227464,14484.888.16$97,151
Aug 20224044,13294.529.13$75,900
Jul 20227284,840101.587.54$110,454
Jun 20227954,898115.097.98$130,569
May 20224552,624109.378.43$71,892
Apr 20225702,393104.226.84$75,768
Mar 20221,0043,397108.885.08$126,560
Feb 20228782,91691.054.86$94,110
Jan 20221,0234,12281.844.54$102,427
Dec 20211,1413,55971.323.90$95,253
Nov 20211,2193,59777.435.24$113,224
Oct 20211,8923,77079.795.71$172,504
Sep 20212,4212,37669.865.35$181,845
Aug 20213,0392,47166.024.22$211,064
Jul 20213,4082,03470.783.98$249,318
Jun 20211,22042869.493.38$86,225
May 20219481,85963.483.02$65,789
Apr 2021431,35760.362.76$6,339
Mar 2021581761.302.72$3,602
Feb 20217571,15557.805.55$50,162
Jan 20213,0773,88150.412.81$166,018
Dec 20202,4302,64444.642.68$115,549
Nov 20201,3191,29138.772.71$54,632
Oct 20202720636.972.48$1,509
Sep 2020318037.091.99$470
Aug 20201822839.982.39$1,263
Jul 20204110238.371.83$1,759
Jun 202033245534.901.69$12,356
May 20201,4311,15916.921.81$26,316
Apr 20202271614.751.80$1,616
Mar 20203775530.341.86$11,540
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20195712353.472.42$3,345
Sep 20191,7054,32755.052.66$105,358
Aug 20195,13011,57053.112.30$299,116
Jul 20195,06410,69556.272.46$311,262
Jun 20195,34410,06652.782.49$307,133
May 20195,5579,09358.482.74$349,891
Apr 20195,9969,07162.632.75$400,481
Mar 20196,46210,08256.803.06$397,914
Feb 20196,0997,75450.852.79$331,785
Jan 20195,1837,79846.033.23$263,747
Dec 201810,35213,10146.594.19$537,133
Nov 201811,32618,11352.934.24$676,234
Oct 201811,51614,04461.443.40$755,266
Sep 201811,05911,59459.543.11$694,487
Aug 20188,3987,89959.403.07$523,064
Jul 201826,06224,88565.142.93$1,770,639
Jun 201839,52125,94160.183.08$2,458,192
May 20188,3125,17465.382.90$558,447

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                   48 bbl  × $106.41 =     $5,108
Casinghead gas       501 Mcf  × $  3.05 =     $1,526

────────────────────────────────────────────────────
Month total                                   $6,634

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/50549 is the state's own key, not one this site invented.