OPIE TAYLOR

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 51840District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$44.2 M
Apr 2019 – May 2026
Value, last 12 filed months
$2.2 M
at the published price for each month
Months reported
86
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
OilDisposition626,890 bbl$38,004,539
Casinghead gasProduction1,842,420 Mcf$6,204,487
Total$44,209,026

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 32.1181, -101.7025. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.11809, -101.70249 · 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
7,933 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 7,617 and 8,248 ft, median 7,933 ft, over the 2 wells that filed a depth.

Completions filed
Apr 2019
2 of 2 wells

2 wells

42-317415772248WA8,248 ftApr 2019
42-317415792225LS7,617 ftApr 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 (86)

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

86 months

May 20261,89014,872106.413.05$246,413
Apr 20261,45318,32898.932.87$196,342
Mar 20261,85021,38389.753.15$233,382
Feb 202612912,94763.503.75$56,747
Jan 20261,91213,00759.138.00$217,086
Dec 20252,00015,31956.664.41$180,928
Nov 20251,88617,04258.593.93$177,415
Oct 20251,87218,12359.383.30$171,053
Sep 20252,06414,37062.743.08$173,711
Aug 20251,96118,37963.933.01$180,775
Jul 20251,80018,14066.743.32$180,270
Jun 20251,75518,56866.483.13$174,766
May 20252,10520,68560.553.23$194,318
Apr 20252,03821,48862.363.54$203,224
Mar 20252,52123,87967.704.27$272,595
Feb 20252,08324,34870.884.34$253,334
Jan 20252,39531,95674.324.28$314,726
Dec 20242,36930,36168.993.12$258,205
Nov 20242,41233,83069.052.20$240,922
Oct 20242,04329,68771.372.28$213,537
Sep 20242,48934,42869.612.36$254,659
Aug 20242,56235,32675.632.06$266,664
Jul 20242,64035,83579.932.15$287,938
Jun 20242,51234,47878.082.63$286,951
May 20242,71935,25778.812.20$291,795
Apr 20242,77933,49384.451.66$290,258
Mar 20242,96738,57380.301.55$297,850
Feb 20243,07739,62376.091.78$304,802
Jan 20243,02028,27173.023.30$313,749
Dec 20233,43624,85971.262.61$309,749
Nov 20232,92720,37777.892.81$285,194
Oct 20233,03422,38885.443.09$328,343
Sep 20233,00121,00289.042.74$324,650
Aug 20233,56721,58280.522.67$344,901
Jul 20232,49513,66574.852.64$222,851
Jun 20232,27312,94968.962.26$185,991
May 20233,15618,81070.622.23$264,774
Apr 20233,35117,57178.122.24$301,100
Mar 20233,77319,29772.852.39$321,044
Feb 20233,20917,27075.112.47$283,610
Jan 20233,36117,04776.533.39$314,968
Dec 20223,86919,63876.415.73$408,138
Nov 20223,92219,62885.005.65$444,194
Oct 20224,00524,37487.185.86$492,079
Sep 20223,58916,96684.888.16$443,139
Aug 20224,10820,26394.529.13$573,232
Jul 20224,19819,394101.587.54$572,704
Jun 20224,38320,048115.097.98$664,366
May 20224,76721,159109.378.43$699,801
Apr 20224,76518,990104.226.84$626,454
Mar 20225,07920,512108.885.08$657,129
Feb 20224,89922,08791.054.86$553,371
Jan 20225,75319,71581.844.54$560,286
Dec 20215,97521,77571.323.90$511,040
Nov 20216,11223,36877.435.24$595,627
Oct 20216,72421,48779.795.71$659,282
Sep 20215,16412,87069.865.35$429,623
Aug 20216,36615,80266.024.22$486,977
Jul 20218,38518,37570.783.98$666,661
Jun 20219,04119,12769.493.38$692,920
May 20219,16816,41363.483.02$631,514
Apr 20219,14714,58260.362.76$592,336
Mar 202110,50916,69561.302.72$689,561
Feb 20214,9383,57957.805.55$305,273
Jan 20217,2827,27450.412.81$387,528
Dec 202011,52811,37044.642.68$545,030
Nov 202013,1946,23438.772.71$528,404
Oct 202011,6534,47136.972.48$441,892
Sep 202011,5845,60437.091.99$440,808
Aug 202010,5715,29939.982.39$435,267
Jul 202018,98910,13738.371.83$747,109
Jun 202011,1607,40234.901.69$401,996
May 2020168016.921.81$2,843
Apr 20204,9255,51014.751.80$82,586
Mar 20208,7896,88630.341.86$279,440
Feb 202013,23119,89649.881.98$699,370
Jan 202016,12728,64757.252.09$983,279
Dec 201917,08732,25359.012.30$1,082,626
Nov 201917,23931,49755.302.75$1,039,956
Oct 201920,18737,93753.472.42$1,171,151
Sep 201922,74848,97255.052.66$1,382,410
Aug 201925,35941,85053.112.30$1,443,254
Jul 201928,98141,43956.272.46$1,732,703
Jun 201943,36955,39652.782.49$2,427,018
May 201942,65726,87758.482.74$2,568,233
Apr 201934,31021,80962.632.75$2,208,825

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                1,890 bbl  × $106.41 =   $201,115
Casinghead gas    14,872 Mcf  × $  3.05 =    $45,298

────────────────────────────────────────────────────
Month total                                 $246,413

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/51840 is the state's own key, not one this site invented.