MIRACLE MAX 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 51136District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$46.9 M
Jul 2018 – May 2026
Value, last 12 filed months
$1.9 M
at the published price for each month
Months reported
95
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
OilDisposition698,005 bbl$42,979,662
Casinghead gasProduction1,128,435 Mcf$3,959,501
Total$46,939,163

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 32.4211, -101.4238. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.42115, -101.42376 · 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
7,333 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 7,333 ft.

Completions filed
Jul 2018
1 of 1 wells

1 well

42-227393341745WA7,333 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 20262,1928,059106.413.05$257,797
Apr 20261,7006,58198.932.87$187,067
Mar 20262,4148,28089.753.15$242,734
Feb 20262,0536,80463.503.75$155,883
Jan 20262,4907,84259.138.00$209,953
Dec 20252,3196,10156.664.41$158,320
Nov 20259732,51058.593.93$66,863
Oct 20251,8895,49359.383.30$130,322
Sep 20251,8715,54262.743.08$134,439
Aug 20252,0515,35263.933.01$147,255
Jul 20251,5724,62366.743.32$120,241
Jun 20251,1882,52566.483.13$86,878
May 20251,4003,44960.553.23$95,918
Apr 20257161,86462.363.54$51,254
Mar 20253,8534,65667.704.27$280,721
Feb 20254,33312,78570.884.34$362,621
Jan 20254,94113,15474.324.28$423,497
Dec 20244,80911,53068.993.12$367,762
Nov 20242,7365,50269.052.20$201,017
Oct 20243,9548,77271.372.28$302,209
Sep 20245,86412,55569.612.36$437,878
Aug 20246,54914,06775.632.06$524,330
Jul 20246,23212,59279.932.15$525,154
Jun 20246,83313,49978.082.63$569,077
May 20246,47712,55378.812.20$538,049
Apr 20242,9053,24284.451.66$250,706
Mar 20243,9425,46180.301.55$324,981
Feb 20247,75310,71076.091.78$609,029
Jan 20248,4169,72773.023.30$646,613
Dec 20237,4767,06771.262.61$551,190
Nov 20233,9792,77877.892.81$317,724
Oct 20232,5791,53585.443.09$225,089
Sep 20232,6081,69889.042.74$236,860
Aug 202375739080.522.67$61,996
Jul 20232074.852.64$150
Jun 2023271168.962.26$1,887
May 202378738270.622.23$56,429
Apr 2023376178.122.24$3,027
Mar 202329872.852.39$2,132
Feb 20231,9905,31575.112.47$162,574
Jan 20235,25315,74776.533.39$455,359
Dec 20225,71216,04976.415.73$528,400
Nov 20224,73213,01685.005.65$475,711
Oct 20225,37415,68087.185.86$560,449
Sep 20225,42015,46084.888.16$586,260
Aug 20225,81015,14194.529.13$687,356
Jul 20225,98215,116101.587.54$721,658
Jun 20225,90614,119115.097.98$792,352
May 20226,33814,258109.378.43$813,425
Apr 20225,96212,885104.226.84$709,462
Mar 20226,74313,940108.885.08$804,943
Feb 20226,46711,98791.054.86$647,063
Jan 20227,08712,05681.844.54$634,706
Dec 20217,76012,76871.323.90$603,227
Nov 20218,00012,10077.435.24$682,806
Oct 20216,4138,30479.795.71$559,141
Sep 20216,3158,40469.865.35$486,135
Aug 20216,5527,23366.024.22$463,091
Jul 20214,3803,72870.783.98$324,862
Jun 20212,25530669.493.38$157,734
May 20218572263.483.02$54,469
Apr 20211,7504,36360.362.76$117,665
Mar 20217,24019,05861.302.72$495,591
Feb 20214,85913,28757.805.55$354,566
Jan 20216,82618,68950.412.81$396,620
Dec 20207,40520,00544.642.68$384,082
Nov 20207,16518,65638.772.71$328,281
Oct 20207,22718,97836.972.48$314,218
Sep 20207,47418,76237.091.99$314,567
Aug 20208,20721,09039.982.39$378,418
Jul 20208,66921,24338.371.83$371,401
Jun 20208,22519,24734.901.69$319,586
May 20208,89120,49216.921.81$187,624
Apr 20209,58119,76114.751.80$176,976
Mar 20208,28714,51330.341.86$278,367
Feb 20207,41613,70349.881.98$397,051
Jan 202010,77320,25157.252.09$659,175
Dec 201910,87017,45559.012.30$681,661
Nov 20197,32313,13755.302.75$441,098
Oct 201911,57220,73853.472.42$668,911
Sep 201911,94820,50955.052.66$712,236
Aug 201912,73919,37353.112.30$721,211
Jul 201913,59317,63956.272.46$808,271
Jun 201913,45020,66952.782.49$761,382
May 201913,40517,63058.482.74$832,236
Apr 201916,28021,94062.632.75$1,079,967
Mar 201918,13924,66656.803.06$1,105,825
Feb 201917,88020,30150.852.79$965,883
Jan 201922,23124,41246.033.23$1,102,099
Dec 201825,24323,75046.594.19$1,275,476
Nov 201831,48129,24252.934.24$1,790,195
Oct 201839,99528,73861.443.40$2,554,947
Sep 201835,21323,41359.543.11$2,169,350
Aug 201829,05117,04959.403.07$1,777,911
Jul 20183,5832,28265.142.93$240,087

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                2,192 bbl  × $106.41 =   $233,251
Casinghead gas     8,059 Mcf  × $  3.05 =    $24,546

────────────────────────────────────────────────────
Month total                                 $257,797

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/51136 is the state's own key, not one this site invented.