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FLETCH 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 51254District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$59.5 M
Jul 2018 – May 2026
Value, last 12 filed months
$3.5 M
at the published price for each month
Months reported
95
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
OilDisposition865,618 bbl$52,887,269
Casinghead gasProduction1,816,884 Mcf$6,569,439
Total$59,456,708

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 32.2116, -101.4857. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.1 miles.

32.21157, -101.48567 · 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
7,217 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 7,000 and 7,433 ft, median 7,217 ft, over the 2 wells that filed a depth.

Completions filed
Jul 2018
2 of 2 wells

2 wells

42-227395561343WA7,433 ftJul 2018——
42-227395691322LS7,000 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 20263,44313,161106.413.05$406,456
Apr 20262,84910,37498.932.87$311,622
Mar 20263,60611,34489.753.15$359,366
Feb 20263,45411,05663.503.75$260,793
Jan 20263,95616,16659.138.00$363,213
Dec 20253,7178,04756.664.41$246,120
Nov 20252,5922,72858.593.93$162,577
Oct 20253,1916,01559.383.30$209,360
Sep 20253,88413,44962.743.08$285,064
Aug 20254,19413,49463.933.01$308,804
Jul 20253,42912,40066.743.32$269,960
Jun 20254,14314,34066.483.13$320,292
May 20254,71413,65260.553.23$329,560
Apr 20254,21313,40362.363.54$310,211
Mar 20254,77415,08867.704.27$387,600
Feb 20253,52316,30470.884.34$320,483
Jan 20254,71915,24574.324.28$415,945
Dec 20245,90915,28168.993.12$455,360
Nov 20242,7085,99669.052.20$200,169
Oct 20244,16310,17971.372.28$320,336
Sep 20244,11010,66669.612.36$311,315
Aug 20242,6534,41075.632.06$209,747
Jul 20245,13813,70779.932.15$440,104
Jun 20245,1858,91678.082.63$428,329
May 20246,48416,60578.812.20$547,509
Apr 20245,91515,92984.451.66$525,951
Mar 20246,94216,50580.301.55$582,945
Feb 20246,14914,69076.091.78$494,079
Jan 20246,05014,56073.023.30$489,785
Dec 20235,57017,41271.262.61$442,376
Nov 20235,14111,80277.892.81$433,567
Oct 20233,9728,66285.443.09$366,110
Sep 20234,26710,89189.042.74$409,721
Aug 20235,37417,90380.522.67$480,567
Jul 20234,38512,01674.852.64$359,961
Jun 20233,84810,87468.962.26$289,917
May 20233,4649,28170.622.23$265,300
Apr 20233,74910,70978.122.24$316,836
Mar 20234,85816,91372.852.39$394,381
Feb 20233,89916,20475.112.47$332,808
Jan 20234,97818,40476.533.39$443,314
Dec 20225,25721,03376.415.73$522,187
Nov 20225,07718,89085.005.65$538,202
Oct 20225,32419,37787.185.86$577,768
Sep 20224,88116,20184.888.16$546,559
Aug 20225,16815,07694.529.13$626,080
Jul 20225,75220,838101.587.54$741,450
Jun 20225,23422,511115.097.98$781,956
May 20225,40520,172109.378.43$761,256
Apr 20225,84722,218104.226.84$761,292
Mar 20226,87923,545108.885.08$868,509
Feb 20226,67922,04191.054.86$715,217
Jan 20225,88423,03981.844.54$586,090
Dec 20215,25527,47471.323.90$481,911
Nov 20216,06636,53677.435.24$661,024
Oct 20215,71935,48679.795.71$659,081
Sep 20216,20237,71169.865.35$635,060
Aug 20218,47931,04866.024.22$690,824
Jul 20217,68721,22770.783.98$628,613
Jun 20217,79417,86169.493.38$601,986
May 20215,56612,10363.483.02$389,853
Apr 20218,16220,70860.362.76$549,780
Mar 20218,70621,65061.302.72$592,500
Feb 20214,72210,17657.805.55$329,388
Jan 20217,72719,20950.412.81$443,501
Dec 20209,05220,46844.642.68$458,843
Nov 20206,78313,31238.772.71$299,007
Oct 20205,64215,57536.972.48$247,186
Sep 20207,40718,72737.091.99$312,012
Aug 20208,51919,53439.982.39$387,180
Jul 20209,08519,20438.371.83$383,641
Jun 20209,83216,62634.901.69$371,240
May 202011,15516,88416.921.81$219,383
Apr 20209,78314,21714.751.80$169,952
Mar 20204,8036,31230.341.86$157,440
Feb 20207,19811,27349.881.98$381,364
Jan 202010,73517,09857.252.09$650,395
Dec 20198,73612,09559.012.30$543,383
Nov 20198,50910,61255.302.75$499,738
Oct 20199,06015,83653.472.42$522,738
Sep 201910,41621,10655.052.66$629,485
Aug 201915,94134,20253.112.30$925,440
Jul 201918,01437,15556.272.46$1,105,051
Jun 201919,06635,08452.782.49$1,093,705
May 201918,18832,85658.482.74$1,153,670
Apr 201919,61731,02862.632.75$1,313,961
Mar 201926,25141,65556.803.06$1,618,609
Feb 201926,90639,15550.852.79$1,477,499
Jan 201935,60854,15646.033.23$1,813,862
Dec 201841,03750,52146.594.19$2,123,366
Nov 201834,11038,18052.934.24$1,967,220
Oct 201838,91138,44161.443.40$2,521,317
Sep 201855,38248,13059.543.11$3,447,032
Aug 201847,83033,82859.403.07$2,944,838
Jul 20183,2582,70365.142.93$220,151

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                3,443 bbl  × $106.41 =   $366,370
Casinghead gas    13,161 Mcf  × $  3.05 =    $40,086

────────────────────────────────────────────────────
Month total                                 $406,456

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/51254 is the state's own key, not one this site invented.