BEESLY C

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 51194District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$43.6 M
Oct 2018 – May 2026
Value, last 12 filed months
$3.4 M
at the published price for each month
Months reported
92
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
OilDisposition628,608 bbl$36,016,636
Casinghead gasProduction2,248,090 Mcf$7,563,985
Total$43,580,621

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 32.3249, -101.5828. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.1 miles.

32.32494, -101.58282 · 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
8,035 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 7,918 and 8,151 ft, median 8,035 ft, over the 2 wells that filed a depth.

Completions filed
Oct 2018
2 of 2 wells

2 wells

42-227393930765WB8,151 ftOct 2018
42-227393940751WA7,918 ftOct 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 (92)

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

92 months

May 20263,00124,275106.413.05$393,274
Apr 20262,63623,46698.932.87$328,120
Mar 20262,82222,16589.753.15$323,082
Feb 202615622,21463.503.75$93,216
Jan 20262,35522,59459.138.00$319,956
Dec 20253,37225,27156.664.41$302,588
Nov 20253,48725,09558.593.93$302,837
Oct 20252,91519,63159.383.30$237,970
Sep 20252,96721,39962.743.08$251,993
Aug 20253,34322,61063.933.01$281,882
Jul 20253,01318,23166.743.32$261,527
Jun 20253,41220,34566.483.13$290,484
May 20253,25020,17760.553.23$262,006
Apr 20253,16019,35462.363.54$265,631
Mar 20253,19422,41167.704.27$311,891
Feb 20252,69022,42570.884.34$288,011
Jan 20253,92727,17474.324.28$408,123
Dec 20243,30024,33068.993.12$303,610
Nov 20242,75312,80069.052.20$218,235
Oct 20243,09115,47971.372.28$255,918
Sep 20243,02515,23069.612.36$246,579
Aug 20243,11615,11275.632.06$266,849
Jul 20243,08214,34179.932.15$277,129
Jun 20242,90813,62978.082.63$262,955
May 20243,00412,40378.812.20$264,012
Apr 20242,78911,62784.451.66$254,823
Mar 20243,05110,79080.301.55$261,667
Feb 20243,10310,38376.091.78$254,627
Jan 20242,8707,61573.023.30$234,679
Dec 20232,2516,06871.262.61$176,248
Nov 20231,8754,00077.892.81$157,274
Oct 20232,0845,70785.443.09$195,676
Sep 20232,2167,16289.042.74$216,901
Aug 20232,1036,27680.522.67$186,109
Jul 20231,5313,26374.852.64$123,216
Jun 20231761,43968.962.26$15,387
May 20235276,05970.622.23$50,713
Apr 2023446,73478.122.24$18,506
Mar 20231932,72372.852.39$20,577
Feb 202344075.112.47$3,305
Jan 202328076.533.39$2,143
Dec 20226762,96876.415.73$68,657
Nov 20222,35810,36485.005.65$258,947
Oct 20222,2748,96187.185.86$250,792
Sep 20221,8488,44184.888.16$225,768
Aug 20223152,05694.529.13$48,539
Jul 2022228359101.587.54$25,868
Jun 20221,5229,074115.097.98$247,552
May 20224,42128,855109.378.43$726,860
Apr 20224,22026,921104.226.84$623,883
Mar 20224,47425,749108.885.08$617,841
Feb 20224,34122,34091.054.86$503,795
Jan 20224,47527,64281.844.54$491,665
Dec 20215,09331,02171.323.90$484,187
Nov 20214,78833,78177.435.24$547,641
Oct 20215,42739,27479.795.71$657,427
Sep 20215,66442,35369.865.35$622,315
Aug 20215,83744,68666.024.22$573,960
Jul 20216,06045,02170.783.98$608,204
Jun 20216,39143,33069.493.38$590,593
May 20217,37038,52663.483.02$584,106
Apr 20216,43529,80960.362.76$470,642
Mar 20216,73133,66061.302.72$504,063
Feb 20213,59220,22957.805.55$319,847
Jan 20214,89930,55750.412.81$332,832
Dec 20206,50839,97544.642.68$397,469
Nov 20206,40839,43138.772.71$355,161
Oct 20208,08243,41236.972.48$406,385
Sep 20208,14641,06937.091.99$383,905
Aug 20206,38128,71439.982.39$323,598
Jul 20209,94349,76738.371.83$472,344
Jun 202010,97549,82634.901.69$467,249
May 202012,79752,50616.921.81$311,811
Apr 20207,26724,65414.751.80$151,673
Mar 20204,76911,98130.341.86$166,931
Feb 20204,1269,17549.881.98$223,978
Jan 202010,31435,51557.252.09$664,871
Dec 20199,74123,85859.012.30$629,794
Nov 201912,70944,88555.302.75$826,273
Oct 201914,10946,73753.472.42$867,444
Sep 20198,55520,25555.052.66$524,776
Aug 201912,75338,59053.112.30$766,237
Jul 201915,30436,71756.272.46$951,482
Jun 201914,96141,20352.782.49$892,286
May 201916,46145,64158.482.74$1,087,710
Apr 201916,43342,95462.632.75$1,147,352
Mar 201914,65327,08456.803.06$915,224
Feb 201925,66757,01450.852.79$1,464,363
Jan 201937,40067,05646.033.23$1,937,991
Dec 201844,85458,17146.594.19$2,333,219
Nov 201864,83554,33252.934.24$3,661,934
Oct 201826,15419,58461.443.40$1,673,450

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                3,001 bbl  × $106.41 =   $319,336
Casinghead gas    24,275 Mcf  × $  3.05 =    $73,938

────────────────────────────────────────────────────
Month total                                 $393,274

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/51194 is the state's own key, not one this site invented.