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PHIL CONNORS

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 50818District 08Field 85280300OilCasinghead gasSave
Value, all time
$125.0 M
Jul 2018 – May 2026
Value, last 12 filed months
$28.2 M
at the published price for each month
Months reported
95
no gaps in the span
Streams
2
oil, casinghead gas

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
OilDisposition1,666,266 bbl$114,443,199
Casinghead gasProduction3,092,692 Mcf$10,510,142
Total$124,953,341

Wells on this lease (6)

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 32.4763, -101.4439. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

32.47630, -101.44393 · 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 6 wells
With a plug date
0.0%
0 of 6 wells
Median depth
7,033 ft
6 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.
6100.0%

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 6,322 and 7,285 ft, median 7,033 ft, over the 6 wells that filed a depth.

Completions filed
Jul 2018 – May 2024
6 of 6 wells

6 wells

42-227422290721LS7,045 ftMay 2024——
42-227422300701MS6,332 ftMay 2024——
42-227422310722LS7,020 ftMay 2024——
42-227422320702MS6,322 ftMay 2024——
42-227422330743WA7,272 ftMay 2024——
42-227394870744WA7,285 ftJul 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 (95)

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

95 months

May 202626,671113,532106.413.05$3,183,861
Apr 202622,76690,26998.932.87$2,511,287
Mar 202623,33491,36889.753.15$2,381,985
Feb 202621,48480,27763.503.75$1,665,298
Jan 202625,39295,91059.138.00$2,268,509
Dec 202526,14391,71556.664.41$1,886,034
Nov 202527,63792,72658.593.93$1,983,335
Oct 202530,621101,98359.383.30$2,155,312
Sep 202530,590106,25462.743.08$2,246,152
Aug 202537,923107,11763.933.01$2,747,349
Jul 202538,906104,18566.743.32$2,941,981
Jun 202529,72677,35066.483.13$2,218,191
May 202536,59896,21960.553.23$2,527,020
Apr 202538,83295,94262.363.54$2,761,498
Mar 202547,447110,29767.704.27$3,682,945
Feb 202547,136103,22870.884.34$3,789,096
Jan 202558,201120,30274.324.28$4,840,232
Dec 202459,922108,95668.993.12$4,474,111
Nov 202461,420105,68369.052.20$4,473,389
Oct 202465,92097,40871.372.28$4,926,937
Sep 202487,027114,69569.612.36$6,329,130
Aug 2024102,948121,52375.632.06$8,036,736
Jul 2024139,388134,16679.932.15$11,429,282
Jun 2024137,50593,24678.082.63$10,981,999
May 202410,3216,37778.812.20$827,417
Apr 202415434684.451.66$13,579
Mar 202434227880.301.55$27,892
Feb 20246,6344,71476.091.78$513,189
Jan 20246,3983,97273.023.30$480,280
Dec 20235,0182,30971.262.61$363,611
Nov 20232,8151,31477.892.81$222,949
Oct 20231,15569585.443.09$100,829
Sep 202322026489.042.74$20,311
Aug 202301880.522.67$48
Jul 202307974.852.64$209
Jun 202311,88368.962.26$4,322
May 202307470.622.23$165
Apr 2023212778.122.24$440
Mar 20239512672.852.39$7,222
Feb 20232,1145,02775.112.47$171,178
Jan 2023674176.533.39$5,266
Dec 20221,4123,51476.415.73$128,023
Nov 20223,8249,73585.005.65$380,006
Oct 20223,88310,27387.185.86$398,758
Sep 20224,09910,77284.888.16$435,862
Aug 20221,87410,83894.529.13$276,051
Jul 20223,06510,695101.587.54$392,005
Jun 20223,02210,221115.097.98$429,337
May 20223,77410,585109.378.43$502,026
Apr 20224,82910,196104.226.84$572,995
Mar 20225,09910,682108.885.08$609,405
Feb 20224,2028,44291.054.86$423,610
Jan 20225,1129,66981.844.54$462,241
Dec 20214,9299,52671.323.90$388,679
Nov 20215,2758,79877.435.24$454,517
Oct 20215,3368,76179.795.71$475,819
Sep 20215,3698,52969.865.35$420,716
Aug 20214,5926,77866.024.22$331,771
Jul 20215,5367,04070.783.98$419,872
Jun 20215,2586,00269.493.38$385,669
May 20213,1701,61363.483.02$206,099
Apr 2021137160.362.76$8,272
Mar 202112061.302.72$736
Feb 20215901,37957.805.55$41,753
Jan 20215,49012,14550.412.81$310,882
Dec 20206,41113,61644.642.68$322,616
Nov 20205,56611,68838.772.71$247,428
Oct 20205,66113,56636.972.48$242,910
Sep 20206,11914,59337.091.99$256,009
Aug 20206,41915,52739.982.39$293,665
Jul 20206,68015,70838.371.83$284,981
Jun 20206,61415,24334.901.69$256,594
May 20206,90314,48316.921.81$143,082
Apr 20207,06414,70514.751.80$130,727
Mar 20207,70714,70330.341.86$261,123
Feb 20207,13912,41649.881.98$380,685
Jan 20208,72816,14957.252.09$533,506
Dec 20199,50715,27859.012.30$596,214
Nov 20195,7469,21255.302.75$343,093
Oct 20199,58916,50453.472.42$552,639
Sep 20199,93616,23155.052.66$590,107
Aug 20199,96414,51453.112.30$562,634
Jul 201911,44013,49056.272.46$676,915
Jun 20196,3527,02552.782.49$352,759
May 201910,35213,89558.482.74$643,462
Apr 20199,59510,38062.632.75$629,487
Mar 20198,36710,22856.803.06$506,565
Feb 201913,31716,08150.852.79$722,071
Jan 201916,99917,65746.033.23$839,464
Dec 201814,57315,12346.594.19$742,252
Nov 201820,47721,44452.934.24$1,174,711
Oct 201825,83423,70661.443.40$1,667,796
Sep 201823,41614,24559.543.11$1,438,462
Aug 201829,23015,89559.403.07$1,785,005
Jul 20181,7991,19865.142.93$120,699

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               26,671 bbl  × $106.41 = $2,838,061
Casinghead gas   113,532 Mcf  × $  3.05 =   $345,800

────────────────────────────────────────────────────
Month total                               $3,183,861

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/50818 is the state's own key, not one this site invented.