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COSTANZA E

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 50635District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$37.1 M
May 2018 – May 2026
Value, last 12 filed months
$1.2 M
at the published price for each month
Months reported
97
no gaps in the span
Streams
2
oil, casinghead gas

The SPRABERRY (TREND AREA) field

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
OilDisposition521,319 bbl$31,466,738
Casinghead gasProduction1,547,135 Mcf$5,676,483
Total$37,143,221

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 32.3342, -101.5142. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.33419, -101.51416 · 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
7,797 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 7,656 and 7,937 ft, median 7,797 ft, over the 2 wells that filed a depth.

Completions filed
May 2018 – Jun 2018
2 of 2 wells

2 wells

42-227392594865WB7,937 ftJun 2018——
42-227392554849WA7,656 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 202679217,536106.413.05$137,689
Apr 202657716,25198.932.87$103,718
Mar 202664714,76489.753.15$104,567
Feb 202654813,54763.503.75$85,604
Jan 202664013,39959.138.00$145,007
Dec 202566116,71756.664.41$111,230
Nov 202552513,20358.593.93$82,601
Oct 202573915,52659.383.30$95,193
Sep 202574011,71562.743.08$82,474
Aug 202566013,50263.933.01$82,899
Jul 202588613,19366.743.32$102,869
Jun 202572011,75866.483.13$84,653
May 202552412,41360.553.23$71,851
Apr 202571013,21062.363.54$91,080
Mar 202567721,35567.704.27$136,983
Feb 202568120,47470.884.34$137,144
Jan 202580520,41274.324.28$147,164
Dec 20241,20418,35968.993.12$140,369
Nov 202496212,43569.052.20$93,764
Oct 202474312,70571.372.28$82,013
Sep 202494711,41969.612.36$92,919
Aug 202499313,48975.632.06$102,937
Jul 202497115,64079.932.15$111,185
Jun 20241,04213,94278.082.63$118,082
May 20241,02214,57378.812.20$112,582
Apr 202490715,54084.451.66$102,380
Mar 20241,06514,92680.301.55$108,582
Feb 202492513,76876.091.78$94,940
Jan 20241,02214,68673.023.30$123,056
Dec 20231,08315,02071.262.61$116,388
Nov 20231,21312,80477.892.81$130,429
Oct 20231,02312,33585.443.09$125,487
Sep 202359911,77389.042.74$85,535
Aug 20231,12212,33880.522.67$123,321
Jul 20231,16214,63074.852.64$125,625
Jun 202393612,47768.962.26$92,726
May 20231,35614,66870.622.23$128,432
Apr 20231,12014,80178.122.24$120,615
Mar 202374612,03372.852.39$83,143
Feb 20231,07714,37075.112.47$116,325
Jan 20231,17418,87776.533.39$153,796
Dec 20221,08418,11276.415.73$186,594
Nov 20221,16016,74185.005.65$193,123
Oct 20221,38418,09487.185.86$226,756
Sep 20221,49420,45184.888.16$293,766
Aug 20221,84919,67294.529.13$354,317
Jul 20222,07619,586101.587.54$358,599
Jun 20221,92619,305115.097.98$375,663
May 20222,19216,640109.378.43$380,065
Apr 20221,89117,127104.226.84$314,188
Mar 20222,40415,627108.885.08$341,076
Feb 20222,06512,99391.054.86$251,149
Jan 20222,85318,73481.844.54$318,498
Dec 20213,21917,32071.323.90$297,112
Nov 20212,94116,53877.435.24$314,329
Oct 20213,43619,62579.795.71$386,293
Sep 20213,43616,40169.865.35$327,799
Aug 20214,48815,97166.024.22$363,705
Jul 20214,14516,26570.783.98$358,152
Jun 20213,31613,16469.493.38$274,931
May 20213,58913,10563.483.02$267,376
Apr 20212,9339,10260.362.76$202,143
Mar 20212,4367,73661.302.72$170,345
Feb 20212,1376,85757.805.55$161,561
Jan 20212,3619,07550.412.81$144,521
Dec 20204,07213,57244.642.68$218,085
Nov 20203,73110,86238.772.71$174,050
Oct 20204,25511,63436.972.48$186,141
Sep 20202,4267,10037.091.99$104,117
Aug 20202,72010,30639.982.39$133,326
Jul 20203,1359,13038.371.83$136,953
Jun 20202,6694,43334.901.69$100,641
May 20202,1922,20116.921.81$41,083
Apr 20204651,56014.751.80$9,674
Mar 202058633430.341.86$18,399
Feb 202024545949.881.98$13,130
Jan 20204811,61657.252.09$30,922
Dec 20197,2014,07459.012.30$434,319
Nov 20192,31749955.302.75$129,503
Oct 20193,7375,74853.472.42$213,719
Sep 20195,9748,66755.052.66$351,899
Aug 20195,5879,98453.112.30$319,732
Jul 20192,0732,43456.272.46$122,636
Jun 201912,20825,51552.782.49$707,901
May 201916,30638,57158.482.74$1,059,272
Apr 201918,98439,75962.632.75$1,298,333
Mar 201913,52823,00556.803.06$838,834
Feb 201916,48927,90750.852.79$916,388
Jan 201922,03627,61046.033.23$1,103,447
Dec 201822,08323,39346.594.19$1,126,757
Nov 201830,29840,72252.934.24$1,776,222
Oct 201845,78757,63461.443.40$3,008,998
Sep 201827,60529,34859.543.11$1,734,815
Aug 201816,31521,22859.403.07$1,034,208
Jul 201866,55671,14365.142.93$4,544,041
Jun 201861,69845,38460.183.08$3,852,629
May 201879947965.382.90$53,628

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                  792 bbl  × $106.41 =    $84,277
Casinghead gas    17,536 Mcf  × $  3.05 =    $53,412

────────────────────────────────────────────────────
Month total                                 $137,689

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/50635 is the state's own key, not one this site invented.