DUKE

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 51011District 08Field 85280300OilCasinghead gasSave
Value, all time
$157.2 M
Aug 2018 – May 2026
Value, last 12 filed months
$7.3 M
at the published price for each month
Months reported
94
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
OilDisposition2,369,812 bbl$139,553,543
Casinghead gasProduction5,243,027 Mcf$17,615,043
Total$157,168,586

Wells on this lease (7)

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 32.1242, -101.6831. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.9 miles.

32.12814, -101.68372 · 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 7 wells
With a plug date
0.0%
0 of 7 wells
Median depth
8,097 ft
7 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.
7100.0%

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 7,975 and 8,303 ft, median 8,097 ft, over the 7 wells that filed a depth.

Completions filed
Aug 2018 – Sep 2018
7 of 7 wells

7 wells

42-227393492350WA8,099 ftSep 2018
42-227393482349WA7,975 ftSep 2018
42-227393512365WB8,174 ftSep 2018
42-227393472348WA8,072 ftAug 2018
42-227393462347WA7,999 ftAug 2018
42-227393502364WB8,303 ftAug 2018
42-317411202346WA8,097 ftAug 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 (94)

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

94 months

May 20266,10644,260106.413.05$784,548
Apr 20265,55621,97198.932.87$612,706
Mar 20265,27921,50089.753.15$541,503
Feb 20265,38544,20163.503.75$507,715
Jan 20266,13648,30659.138.00$749,169
Dec 20256,49148,77556.664.41$583,042
Nov 20256,38749,51058.593.93$568,612
Oct 20256,31653,19859.383.30$550,855
Sep 20256,66954,19662.743.08$585,170
Aug 20256,60855,25263.933.01$589,021
Jul 20256,52046,58866.743.32$589,593
Jun 20256,62247,86066.483.13$589,971
May 20256,74452,98360.553.23$579,607
Apr 20257,20948,60162.363.54$621,752
Mar 20256,32553,40067.704.27$656,131
Feb 20256,90447,94670.884.34$697,481
Jan 20257,25245,31274.324.28$732,844
Dec 20247,21045,58268.993.12$639,696
Nov 20247,45345,51469.052.20$614,689
Oct 20247,83352,03271.372.28$677,747
Sep 20247,90648,40069.612.36$664,772
Aug 20247,57547,12175.632.06$670,138
Jul 20247,12240,91879.932.15$657,096
Jun 20248,37649,79378.082.63$785,152
May 20249,01453,21378.812.20$827,379
Apr 20248,92452,82784.451.66$841,282
Mar 20249,40057,95680.301.55$844,370
Feb 20249,28257,74476.091.78$809,262
Jan 20249,88056,28573.023.30$907,046
Dec 202310,10758,44871.262.61$872,816
Nov 202310,10055,76877.892.81$943,261
Oct 20239,57855,50985.443.09$989,716
Sep 202310,35958,48189.042.74$1,082,313
Aug 202310,63560,96580.522.67$1,019,282
Jul 202311,15662,63674.852.64$1,000,498
Jun 202311,37259,01568.962.26$917,497
May 202311,64556,40370.622.23$948,002
Apr 202311,64055,97478.122.24$1,034,573
Mar 202312,43657,90172.852.39$1,044,529
Feb 202311,87551,66375.112.47$1,019,316
Jan 202313,82757,54376.533.39$1,253,120
Dec 202212,43355,66876.415.73$1,268,932
Nov 202213,18554,92385.005.65$1,430,831
Oct 202215,04458,73787.185.86$1,655,956
Sep 202214,40655,50084.888.16$1,675,866
Aug 202215,54257,00894.529.13$1,989,351
Jul 202216,01848,680101.587.54$1,994,257
Jun 202215,19138,813115.097.98$2,057,951
May 202216,01741,465109.378.43$2,101,455
Apr 202216,15645,832104.226.84$1,997,159
Mar 202216,05240,021108.885.08$1,950,904
Feb 202212,07324,25691.054.86$1,217,103
Jan 202215,09133,96781.844.54$1,389,179
Dec 202119,57844,41571.323.90$1,569,482
Nov 202119,78140,12577.435.24$1,741,771
Oct 202120,22832,38679.795.71$1,799,042
Sep 202115,41723,08169.865.35$1,200,536
Aug 20217,58511,29966.024.22$548,450
Jul 20213,13511,01970.783.98$265,774
Jun 20217,94625,01169.493.38$636,720
May 202123,50171,50863.483.02$1,707,631
Apr 202124,00361,23060.362.76$1,617,719
Mar 202126,55155,33561.302.72$1,777,918
Feb 202113,78731,09357.805.55$969,391
Jan 202127,28861,28350.412.81$1,547,810
Dec 202021,22442,61244.642.68$1,061,446
Nov 202025,12959,64338.772.71$1,135,679
Oct 202026,04564,44236.972.48$1,122,599
Sep 202026,40864,69337.091.99$1,108,279
Aug 202029,07770,63539.982.39$1,330,970
Jul 202032,13374,32238.371.83$1,368,590
Jun 202032,85075,14034.901.69$1,273,475
May 202038,87270,57216.921.81$785,785
Apr 202036,90949,54514.751.80$633,806
Mar 202038,32441,08330.341.86$1,239,010
Feb 202026,15632,91849.881.98$1,369,861
Jan 202025,02131,97257.252.09$1,499,425
Dec 201917,37324,56459.012.30$1,081,785
Nov 201928,04741,58455.302.75$1,665,384
Oct 201932,83355,84853.472.42$1,890,651
Sep 201940,19061,15555.052.66$2,374,965
Aug 201942,05368,53453.112.30$2,391,362
Jul 201946,69775,30156.272.46$2,812,885
Jun 201949,70079,11552.782.49$2,820,257
May 201955,63991,71658.482.74$3,505,100
Apr 201960,51696,04162.632.75$4,054,297
Mar 201971,848107,26856.803.06$4,409,432
Feb 201976,582117,54650.852.79$4,222,409
Jan 201998,254140,56746.033.23$4,976,407
Dec 2018110,79898,38046.594.19$5,573,842
Nov 2018140,855124,94752.934.24$7,984,886
Oct 2018201,875138,89261.443.40$12,875,166
Sep 2018192,500128,93559.543.11$11,862,180
Aug 201816,68210,85259.403.07$1,024,189

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                6,106 bbl  × $106.41 =   $649,739
Casinghead gas    44,260 Mcf  × $  3.05 =   $134,809

────────────────────────────────────────────────────
Month total                                 $784,548

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/51011 is the state's own key, not one this site invented.