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MAXIMUS 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 51658District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$40.3 M
Jan 2019 – May 2026
Value, last 12 filed months
$1.9 M
at the published price for each month
Months reported
89
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
OilDisposition497,411 bbl$28,099,453
Casinghead gasProduction3,566,427 Mcf$12,222,658
Total$40,322,112

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 32.3174, -101.6196. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.31741, -101.61960 · 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
7,810 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 7,615 and 8,005 ft, median 7,810 ft, over the 2 wells that filed a depth.

Completions filed
Jan 2019 – Feb 2019
2 of 2 wells

2 wells

42-227395042648WA8,005 ftFeb 2019——
42-227394722626LS7,615 ftJan 2019——

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 (89)

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

89 months

May 202642515,332106.413.05$91,923
Apr 202653831,41498.932.87$143,374
Mar 202662934,29189.753.15$164,450
Feb 202662933,98563.503.75$167,396
Jan 202656137,40159.138.00$332,302
Dec 202567341,96856.664.41$223,352
Nov 202567929,63658.593.93$156,147
Oct 202575931,64959.383.30$149,664
Sep 202560116,65662.743.08$88,956
Aug 202574019,69163.933.01$106,672
Jul 202578729,22866.743.32$149,421
Jun 202554030,45466.483.13$131,181
May 202568732,36560.553.23$146,212
Apr 202588030,21262.363.54$161,922
Mar 202584931,96367.704.27$193,906
Feb 202578639,44670.884.34$226,940
Jan 202589641,87274.324.28$245,748
Dec 202478428,43068.993.12$142,829
Nov 202498636,81869.052.20$149,025
Oct 202491461,81771.372.28$206,261
Sep 202478837,89169.612.36$144,441
Aug 20241,20342,14275.632.06$177,948
Jul 20241,00041,74779.932.15$169,544
Jun 20241,12646,34578.082.63$209,990
May 20241,04143,34678.812.20$177,335
Apr 20241,19236,01284.451.66$160,416
Mar 20241,26739,68780.301.55$163,062
Feb 20241,24738,27176.091.78$163,146
Jan 20241,32442,00373.023.30$235,190
Dec 20231,18637,00071.262.61$181,111
Nov 20231,19036,10777.892.81$194,062
Oct 20231,28228,77485.443.09$198,367
Sep 202399124,55889.042.74$155,406
Aug 20231,33251,39180.522.67$244,615
Jul 20231,66136,65274.852.64$221,153
Jun 20232,16235,28968.962.26$228,791
May 20231,38412,94370.622.23$126,567
Apr 20234359,16578.122.24$54,491
Mar 20231,39743,30072.852.39$205,395
Feb 20231,52142,79175.112.47$219,751
Jan 20232,33649,21676.533.39$345,504
Dec 20222,05948,44776.415.73$434,885
Nov 202272029,45185.005.65$227,486
Oct 20221474,13387.185.86$37,050
Sep 202274728,84184.888.16$298,854
Aug 20221,93948,71094.529.13$627,858
Jul 20222,30545,612101.587.54$578,151
Jun 20222,09242,196115.097.98$577,374
May 20221,43934,735109.378.43$450,305
Apr 20222,19646,718104.226.84$548,306
Mar 20223,11156,807108.885.08$627,101
Feb 20222,90248,08891.054.86$497,879
Jan 20223,34548,16481.844.54$492,308
Dec 20212,83339,79371.323.90$357,207
Nov 20212,09326,17177.435.24$299,115
Oct 20211,61532,51479.795.71$314,642
Sep 20212,72142,89769.865.35$419,627
Aug 20213,28446,08366.024.22$411,307
Jul 20213,16646,30870.783.98$408,492
Jun 20213,87650,72269.493.38$440,815
May 20214,23753,53063.483.02$430,501
Apr 20214,08746,76960.362.76$375,700
Mar 20214,46157,85861.302.72$430,656
Feb 20213,78342,95857.805.55$456,986
Jan 20214,56646,38350.412.81$360,521
Dec 20205,42149,70744.642.68$374,983
Nov 20205,81751,49038.772.71$364,886
Oct 20206,64555,39036.972.48$382,946
Sep 20207,41259,69137.091.99$393,758
Aug 20208,37358,93639.982.39$475,321
Jul 20206,22232,06638.371.83$297,262
Jun 20206,95548,29734.901.69$324,366
May 20208,59951,65816.921.81$239,241
Apr 20208,88144,98114.751.80$212,158
Mar 20207,12238,77330.341.86$288,053
Feb 20207,90036,82349.881.98$466,986
Jan 20208,95839,50757.252.09$595,602
Dec 20199,35753,98859.012.30$676,564
Nov 20199,44638,63555.302.75$628,637
Oct 20199,14524,37253.472.42$547,928
Sep 201914,09650,43855.052.66$910,013
Aug 201919,48258,15153.112.30$1,168,690
Jul 201921,84951,77156.272.46$1,356,803
Jun 201922,90449,72852.782.49$1,332,756
May 201932,07856,92258.482.74$2,031,906
Apr 201943,75461,33462.632.75$2,909,024
Mar 201963,72863,08856.803.06$3,812,932
Feb 201954,80444,40150.852.79$2,910,761
Jan 20193,3313,13446.033.23$163,443

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                  425 bbl  × $106.41 =    $45,224
Casinghead gas    15,332 Mcf  × $  3.05 =    $46,699

────────────────────────────────────────────────────
Month total                                  $91,923

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/51658 is the state's own key, not one this site invented.