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MAXIMUS D

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 51430District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$45.5 M
Dec 2018 – May 2026
Value, last 12 filed months
$2.1 M
at the published price for each month
Months reported
90
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
OilDisposition608,738 bbl$35,426,368
Casinghead gasProduction2,893,156 Mcf$10,091,216
Total$45,517,585

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 32.3181, -101.6157. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.31807, -101.61571 · 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
7,775 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 7,580 and 7,970 ft, median 7,775 ft, over the 2 wells that filed a depth.

Completions filed
Dec 2018 – Jan 2019
2 of 2 wells

2 wells

42-227394812628LS7,580 ftJan 2019——
42-227394802650WA7,970 ftDec 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 (90)

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

90 months

May 20261,25035,043106.413.05$239,748
Apr 20261,00832,03098.932.87$191,639
Mar 20261,16233,78289.753.15$210,684
Feb 202695017,06063.503.75$124,305
Jan 202693333,87059.138.00$326,058
Dec 202592236,80856.664.41$214,687
Nov 20251,12827,20758.593.93$172,916
Oct 20251,10020,17259.383.30$131,983
Sep 202598925,42262.743.08$140,271
Aug 20251,14828,16263.933.01$158,293
Jul 20251,09510,09466.743.32$106,544
Jun 20251,04420,18966.483.13$132,571
May 20251,40227,78060.553.23$174,685
Apr 20251,29327,84462.363.54$179,286
Mar 20251,61033,90367.704.27$253,706
Feb 20251,58629,61870.884.34$240,983
Jan 20251,60234,19174.324.28$265,353
Dec 20241,60835,40868.993.12$221,457
Nov 20242,01329,01969.052.20$202,794
Oct 20241,43930,87371.372.28$173,135
Sep 20241,33725,95069.612.36$154,424
Aug 20241,57732,13775.632.06$185,587
Jul 20241,54435,07279.932.15$198,697
Jun 20241,81934,74978.082.63$233,556
May 20241,07123,83978.812.20$136,814
Apr 20242,26342,26584.451.66$261,236
Mar 20242,61542,15880.301.55$275,124
Feb 20242,33236,16076.091.78$241,938
Jan 20241,28031,21273.023.30$196,392
Dec 202349222,53671.262.61$93,895
Nov 202365220,80177.892.81$109,184
Oct 20232,19935,62185.443.09$297,855
Sep 20232,32035,00389.042.74$302,307
Aug 20232,75237,93080.522.67$322,973
Jul 20232,87038,74274.852.64$317,168
Jun 20232,86833,71268.962.26$273,915
May 20233,05332,92270.622.23$288,933
Apr 20232,89026,75478.122.24$285,636
Mar 20233,04728,95272.852.39$291,261
Feb 20232,61526,30875.112.47$261,280
Jan 20232,94123,91776.533.39$306,099
Dec 20222,81521,51976.415.73$338,378
Nov 20222,42716,06485.005.65$296,996
Oct 20222,53117,22987.185.86$321,679
Sep 20222,92418,30384.888.16$397,609
Aug 20223,25029,90194.529.13$580,101
Jul 20223,53725,412101.587.54$550,948
Jun 20223,82035,467115.097.98$722,571
May 20223,61138,009109.378.43$715,466
Apr 20224,57941,072104.226.84$758,057
Mar 20225,01541,202108.885.08$755,191
Feb 20224,92033,76991.054.86$612,044
Jan 20222,42623,07681.844.54$303,255
Dec 20214,31339,08871.323.90$460,012
Nov 20215,06643,99577.435.24$622,656
Oct 20215,36146,69079.795.71$694,535
Sep 20215,49046,06669.865.35$630,027
Aug 20215,73444,68266.024.22$567,143
Jul 20216,19446,08370.783.98$621,918
Jun 20216,31140,87169.493.38$576,721
May 20216,93446,04763.483.02$579,125
Apr 20217,71547,39260.362.76$596,404
Mar 20218,60753,74261.302.72$673,623
Feb 20217,82940,89057.805.55$679,372
Jan 20219,67649,71450.412.81$627,477
Dec 202011,92352,42144.642.68$672,493
Nov 20208,80447,21438.772.71$469,119
Oct 20206,79619,29036.972.48$299,057
Sep 20208,39123,63437.091.99$358,278
Aug 202011,34829,71539.982.39$524,566
Jul 20209,70421,44638.371.83$411,484
Jun 20208,64120,31634.901.69$335,911
May 202011,53825,38116.921.81$241,283
Apr 20207,69615,11214.751.80$140,784
Mar 20202,9597,58430.341.86$103,854
Feb 202014,34937,92349.881.98$790,841
Jan 202017,95047,39157.252.09$1,126,909
Dec 201918,38748,36759.012.30$1,196,472
Nov 201919,44939,78855.302.75$1,184,975
Oct 201916,60622,96253.472.42$943,457
Sep 20192,6002,43455.052.66$149,598
Aug 20195,2684,14053.112.30$289,324
Jul 201914,07030,96956.272.46$867,905
Jun 201919,58445,10052.782.49$1,145,997
May 201931,56356,40558.482.74$2,000,372
Apr 201938,20654,23362.632.75$2,542,020
Mar 201944,19844,69956.803.06$2,647,319
Feb 201945,76542,13250.852.79$2,444,792
Jan 201932,92625,27546.033.23$1,597,176
Dec 20189,1137,72746.594.19$456,916

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                1,250 bbl  × $106.41 =   $133,013
Casinghead gas    35,043 Mcf  × $  3.05 =   $106,735

────────────────────────────────────────────────────
Month total                                 $239,748

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/51430 is the state's own key, not one this site invented.