BUTTERCUP

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 52680District 08Field 85280300OilCasinghead gasSave
Value, all time
$189.1 M
Jun 2019 – May 2026
Value, last 12 filed months
$18.3 M
at the published price for each month
Months reported
84
no gaps in the span
Streams
2
oil, casinghead gas

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
OilDisposition2,497,302 bbl$173,529,557
Casinghead gasProduction5,126,585 Mcf$15,608,327
Total$189,137,885

Wells on this lease (5)

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 32.4200, -101.4270. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

32.41998, -101.42690 · 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 5 wells
With a plug date
0.0%
0 of 5 wells
Median depth
7,220 ft
5 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.
5100.0%

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 6,866 and 7,247 ft, median 7,220 ft, over the 5 wells that filed a depth.

Completions filed
Jun 2019 – Dec 2022
5 of 5 wells

5 wells

42-227415642742WA7,247 ftDec 2022
42-227415652723LS6,873 ftDec 2022
42-227415662743WA7,245 ftDec 2022
42-227415672724LS6,866 ftDec 2022
42-227398952744WA7,220 ftJun 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 (84)

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

84 months

May 202614,10367,506106.413.05$1,706,313
Apr 202613,88081,35398.932.87$1,606,609
Mar 202616,30292,44389.753.15$1,754,248
Feb 202611,70467,98263.503.75$998,158
Jan 202615,17983,38559.138.00$1,564,441
Dec 202517,83599,87856.664.41$1,451,329
Nov 202517,332100,91358.593.93$1,411,711
Oct 202520,43898,41659.383.30$1,538,858
Sep 202518,31396,68462.743.08$1,446,447
Aug 202518,60096,07563.933.01$1,478,741
Jul 202520,89595,54466.743.32$1,711,280
Jun 202520,63588,46166.483.13$1,648,585
May 202520,08282,60460.553.23$1,482,968
Apr 202518,37180,92862.363.54$1,432,353
Mar 202520,45094,48667.704.27$1,787,761
Feb 202520,15984,83870.884.34$1,797,138
Jan 202525,625106,25974.324.28$2,359,098
Dec 202422,00495,28568.993.12$1,815,476
Nov 202427,058105,20269.052.20$2,099,635
Oct 202426,758104,92271.372.28$2,149,088
Sep 202427,819102,80969.612.36$2,179,558
Aug 202428,594104,28375.632.06$2,377,766
Jul 202436,040120,78179.932.15$3,139,944
Jun 202429,870100,02478.082.63$2,595,711
May 202436,094113,79178.812.20$3,094,731
Apr 202436,612109,52084.451.66$3,273,599
Mar 202442,399114,08180.301.55$3,580,910
Feb 202439,665103,32676.091.78$3,202,406
Jan 202447,661110,76973.023.30$3,845,485
Dec 202347,833118,73071.262.61$3,718,550
Nov 202351,322122,39877.892.81$4,341,110
Oct 202356,391123,00785.443.09$5,197,804
Sep 202357,867125,63589.042.74$5,496,094
Aug 202367,368135,94080.522.67$5,787,823
Jul 202369,701134,77774.852.64$5,573,174
Jun 202379,231134,69268.962.26$5,767,969
May 202385,434135,86370.622.23$6,335,970
Apr 202395,467131,19178.122.24$7,751,456
Mar 2023101,115123,62572.852.39$7,662,082
Feb 2023116,838120,26775.112.47$9,072,242
Jan 2023146,124120,11176.533.39$11,589,772
Dec 2022144,478102,95676.415.73$11,629,407
Nov 2022454085.005.65$38,590
Oct 20220187.185.86$6
Sep 202202384.888.16$188
Aug 20220094.529.13$0
Jul 20225,5539,431101.587.54$635,203
Jun 202211,01419,257115.097.98$1,421,218
May 202211,77719,048109.378.43$1,448,683
Apr 20228,99813,146104.226.84$1,027,659
Mar 20224,0434,744108.885.08$464,284
Feb 20228,75312,74491.054.86$858,882
Jan 202213,86619,92681.844.54$1,225,211
Dec 20217,8597,88971.323.90$591,264
Nov 20214,4066,50077.435.24$375,196
Oct 202112,63217,91579.795.71$1,110,271
Sep 20216,8639,39669.865.35$529,726
Aug 202111,05516,55966.024.22$799,740
Jul 202110,23515,20070.783.98$784,961
Jun 202110,25216,16369.493.38$767,052
May 202120,75737,91663.483.02$1,432,072
Apr 202118,62434,32660.362.76$1,218,830
Mar 202120,15032,42661.302.72$1,323,295
Feb 202115,80920,98257.805.55$1,030,167
Jan 202125,86639,52350.412.81$1,414,975
Dec 202017,61119,86944.642.68$839,314
Nov 202019,36519,35538.772.71$803,167
Oct 202018,74819,89536.972.48$742,422
Sep 202025,26028,39637.091.99$993,431
Aug 202031,93735,86939.982.39$1,362,392
Jul 202034,90735,59538.371.83$1,404,347
Jun 202033,88527,14434.901.69$1,228,468
May 202025,41116,06716.921.81$459,112
Apr 202017,76111,01814.751.80$281,855
Mar 20201585030.341.86$4,887
Feb 202020,23513,07149.881.98$1,035,211
Jan 202030,13017,42957.252.09$1,761,452
Dec 201929,36217,85059.012.30$1,773,784
Nov 201931,80217,49655.302.75$1,806,777
Oct 201933,29919,67553.472.42$1,828,082
Sep 201919,99313,16455.052.66$1,135,595
Aug 201928,97818,21753.112.30$1,581,000
Jul 201919,84811,39456.272.46$1,144,877
Jun 2019017652.782.49$438

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               14,103 bbl  × $106.41 = $1,500,700
Casinghead gas    67,506 Mcf  × $  3.05 =   $205,612

────────────────────────────────────────────────────
Month total                               $1,706,313

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/52680 is the state's own key, not one this site invented.