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BALBOA A

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 53060District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$58.0 M
Oct 2019 – May 2026
Value, last 12 filed months
$3.9 M
at the published price for each month
Months reported
80
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
OilDisposition888,580 bbl$50,358,960
Casinghead gasProduction2,402,945 Mcf$7,638,959
Total$57,997,919

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 32.3491, -101.5773. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.34909, -101.57727 · 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
7,638 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 7,373 and 7,903 ft, median 7,638 ft, over the 2 wells that filed a depth.

Completions filed
Oct 2019
2 of 2 wells

2 wells

42-227400264545WA7,903 ftOct 2019——
42-227400254524LS7,373 ftOct 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 (80)

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

80 months

May 20263,28224,673106.413.05$424,388
Apr 20263,06924,00698.932.87$372,507
Mar 20263,33226,04389.753.15$381,068
Feb 20263,12625,66663.503.75$294,757
Jan 20262,97224,40159.138.00$370,892
Dec 20252,76818,84456.664.41$240,000
Nov 20253,95422,70758.593.93$320,823
Oct 20253,50321,82259.383.30$280,126
Sep 20253,43718,77362.743.08$273,400
Aug 20253,59420,13363.933.01$290,461
Jul 20254,30623,83266.743.32$366,390
Jun 20253,71918,69566.483.13$305,731
May 20254,27122,09560.553.23$330,027
Apr 20253,64418,49762.363.54$292,777
Mar 20254,54321,08867.704.27$397,571
Feb 20253,85115,15770.884.34$338,753
Jan 20254,41221,26474.324.28$418,882
Dec 20244,08318,44068.993.12$339,244
Nov 20244,60531,41469.052.20$387,037
Oct 20244,19930,55371.372.28$369,386
Sep 20241,08914,36469.612.36$109,767
Aug 20241,79217,60175.632.06$171,851
Jul 20241,33613,80179.932.15$136,412
Jun 20242,57815,63378.082.63$242,467
May 20245,72231,50478.812.20$520,210
Apr 20245,58931,65284.451.66$524,508
Mar 20246,34333,65980.301.55$561,350
Feb 20244,23715,83076.091.78$350,628
Jan 20247,20527,73173.023.30$617,557
Dec 20237,32633,00771.262.61$608,223
Nov 20237,67431,47377.892.81$686,090
Oct 20237,24427,19685.443.09$702,889
Sep 20237,94730,43089.042.74$790,828
Aug 20237,90825,69080.522.67$705,418
Jul 20232,91810,13674.852.64$245,190
Jun 20237,97426,70368.962.26$610,195
May 20238,18225,76170.622.23$635,193
Apr 20234,1199,62878.122.24$343,321
Mar 20238,40225,80872.852.39$673,848
Feb 20238,02224,50675.112.47$662,956
Jan 20238,64824,23376.533.39$743,926
Dec 20228,96320,63176.415.73$803,059
Nov 20228,34915,05185.005.65$794,646
Oct 20227,99612,27587.185.86$769,069
Sep 20228,33110,76484.888.16$795,009
Aug 20226,15510,29294.529.13$675,707
Jul 20222415,061101.587.54$62,651
Jun 20223,86616,175115.097.98$573,969
May 202210,71929,268109.378.43$1,419,155
Apr 202210,31925,049104.226.84$1,246,721
Mar 20228,29017,835108.885.08$993,153
Feb 20225,86516,10191.054.86$612,240
Jan 20226,16316,31081.844.54$578,389
Dec 20215,10511,56071.323.90$409,162
Nov 20213,9775,63277.435.24$337,433
Oct 20216,53615,88079.795.71$612,244
Sep 202113,45249,35069.865.35$1,203,825
Aug 202111,30236,47266.024.22$900,091
Jul 202112,70944,55470.783.98$1,076,961
Jun 202114,68350,07069.493.38$1,189,589
May 202110,15251,20863.483.02$798,978
Apr 202115,01758,92560.362.76$1,068,966
Mar 202117,64460,16561.302.72$1,245,042
Feb 202110,01246,86857.805.55$838,715
Jan 202117,92572,55150.412.81$1,107,487
Dec 202020,35383,63844.642.68$1,132,328
Nov 202023,42186,43938.772.71$1,141,985
Oct 202028,38590,60036.972.48$1,273,939
Sep 202023,93965,66537.091.99$1,018,639
Aug 202018,64846,90139.982.39$857,411
Jul 202025,96258,41438.371.83$1,102,775
Jun 202032,94562,73134.901.69$1,255,815
May 202041,04460,31316.921.81$803,918
Apr 202034,02344,12314.751.80$581,454
Mar 202053,43556,47230.341.86$1,726,043
Feb 202017,81112,05649.881.98$912,292
Jan 202053,31148,21657.252.09$3,153,055
Dec 201945,23327,48559.012.30$2,732,535
Nov 201938,09213,88255.302.75$2,144,673
Oct 201911,2823,51453.472.42$611,747

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                3,282 bbl  × $106.41 =   $349,238
Casinghead gas    24,673 Mcf  × $  3.05 =    $75,150

────────────────────────────────────────────────────
Month total                                 $424,388

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/53060 is the state's own key, not one this site invented.