MERLIN F

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 51987District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$20.8 M
Aug 2018 – May 2026
Value, last 12 filed months
$464 k
at the published price for each month
Months reported
94
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
OilDisposition274,965 bbl$15,951,184
Casinghead gasProduction1,420,219 Mcf$4,800,788
Total$20,751,971

Wells on this lease (1)

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 32.3166, -101.6230. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.31657, -101.62303 · 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 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
7,603 ft
1 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.
1100.0%

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

The one well that filed a depth was drilled to 7,603 ft.

Completions filed
Feb 2019
1 of 1 wells

1 well

42-227395092624LS7,603 ftFeb 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 (94)

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

94 months

May 202696963106.413.05$13,149
Apr 20265076,68198.932.87$69,330
Mar 20264987,92189.753.15$69,642
Feb 2026513,67463.503.75$17,017
Jan 20262342,72759.138.00$35,647
Dec 202527056.664.41$1,530
Nov 20252621,33158.593.93$20,577
Oct 202564611,08659.383.30$74,997
Sep 20254999,90262.743.08$61,775
Aug 20253984,33263.933.01$38,504
Jul 2025110066.743.32$7,341
Jun 20253659,78166.483.13$54,867
May 20259513,79660.553.23$50,345
Apr 20255511,58962.363.54$44,491
Mar 202517016,22467.704.27$80,758
Feb 202511116,76670.884.34$80,646
Jan 202554017,28574.324.28$114,090
Dec 202482814,91068.993.12$103,663
Nov 202495414,89469.052.20$98,617
Oct 202474115,67871.372.28$88,653
Sep 202495015,61969.612.36$103,058
Aug 20241,00915,32575.632.06$107,936
Jul 20246998,63579.932.15$74,407
Jun 2024197778.082.63$15,400
May 2024220678.812.20$17,351
Apr 202429071884.451.66$25,682
Mar 202437582380.301.55$31,384
Feb 20247569,75676.091.78$74,925
Jan 202488514,20073.023.30$111,449
Dec 202379311,30771.262.61$86,029
Nov 20237059,62277.892.81$81,927
Oct 20231,06116,98185.443.09$143,077
Sep 202394617,34189.042.74$131,660
Aug 20231,07922,40480.522.67$146,764
Jul 20231,13421,20874.852.64$140,907
Jun 20231,07718,14868.962.26$115,257
May 20231,18518,79470.622.23$125,546
Apr 20231,14017,90378.122.24$129,119
Mar 202398316,15072.852.39$110,261
Feb 202385815,30775.112.47$102,187
Jan 20231,20519,50476.533.39$158,293
Dec 20221,22019,20476.415.73$203,241
Nov 20221,21118,32485.005.65$206,396
Oct 20221,26218,85587.185.86$220,582
Sep 20221,36215,74284.888.16$244,119
Aug 20221,57718,76794.529.13$320,347
Jul 20221,81319,006101.587.54$327,509
Jun 20221,73119,627115.097.98$355,789
May 20221,60316,039109.378.43$310,578
Apr 20221,70516,806104.226.84$292,608
Mar 20221,27311,740108.885.08$198,201
Feb 20221,88418,56991.054.86$261,762
Jan 20222,20820,37381.844.54$273,149
Dec 20212,18920,75971.323.90$237,061
Nov 20212,12519,52977.435.24$266,809
Oct 20212,33518,43779.795.71$291,656
Sep 20212,26414,97569.865.35$238,293
Aug 20211,2733,76766.024.22$99,942
Jul 202113070.783.98$920
Jun 20217966,64969.493.38$77,792
May 20212,04217,60763.483.02$182,758
Apr 20212,01413,05860.362.76$157,584
Mar 20212,44819,34261.302.72$202,613
Feb 20212,31217,56157.805.55$231,061
Jan 20212,72920,98850.412.81$196,551
Dec 20203,13824,50644.642.68$205,645
Nov 20203,44222,79338.772.71$195,137
Oct 20203,72125,03636.972.48$199,615
Sep 20203,47223,80237.091.99$176,167
Aug 20203,96424,01439.982.39$215,757
Jul 20204,21325,58738.371.83$208,352
Jun 20204,13326,04134.901.69$188,259
May 20204,60027,55016.921.81$127,828
Apr 20204,78225,95914.751.80$117,374
Mar 20205,34922,26830.341.86$203,623
Feb 20205,63324,55349.881.98$329,605
Jan 20206,52226,96857.252.09$429,875
Dec 20197,10222,63259.012.30$471,241
Nov 20197,33028,48755.302.75$483,708
Oct 20199,18131,16053.472.42$566,270
Sep 20198,90928,80355.052.66$566,978
Aug 201911,61231,66653.112.30$689,683
Jul 20198,48413,76656.272.46$511,260
Jun 201914,43028,38152.782.49$832,318
May 201922,30837,51558.482.74$1,407,375
Apr 201929,88334,21662.632.75$1,965,690
Mar 201925,88819,99756.803.06$1,531,671
Feb 201910,7469,49750.852.79$572,952
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0

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                   96 bbl  × $106.41 =    $10,215
Casinghead gas       963 Mcf  × $  3.05 =     $2,933

────────────────────────────────────────────────────
Month total                                  $13,149

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/51987 is the state's own key, not one this site invented.