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BALBOA D

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 53089District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$52.9 M
Oct 2019 – May 2026
Value, last 12 filed months
$3.3 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
OilDisposition801,719 bbl$44,577,507
Casinghead gasProduction2,522,178 Mcf$8,274,776
Total$52,852,282

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 32.3504, -101.5728. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.1 miles.

32.35040, -101.57278 · 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
7,591 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 7,349 and 7,833 ft, median 7,591 ft, over the 2 wells that filed a depth.

Completions filed
Oct 2019
2 of 2 wells

2 wells

42-227400314548WA7,833 ftOct 2019——
42-227400304526LS7,349 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 20262,64034,894106.413.05$387,204
Apr 20262,32031,47598.932.87$319,842
Mar 20263,00931,43289.753.15$369,051
Feb 20263,48341,12463.503.75$375,399
Jan 20262,30812,67159.138.00$237,814
Dec 20252,17023,69856.664.41$227,540
Nov 20252,68928,78858.593.93$270,583
Oct 20252,61429,88059.383.30$253,968
Sep 20252,45226,19262.743.08$234,429
Aug 20252,27623,67363.933.01$216,873
Jul 20252,31325,42266.743.32$238,649
Jun 20252,15224,06166.483.13$218,345
May 20251,69325,07660.553.23$183,565
Apr 20251,41322,05962.363.54$166,272
Mar 20251,55319,08267.704.27$186,586
Feb 20251,31213,45870.884.34$151,414
Jan 20251,73918,35174.324.28$207,761
Dec 20241,50514,97868.993.12$150,582
Nov 20241,3398,72069.052.20$111,628
Oct 20244039,10171.372.28$49,525
Sep 20242809,00869.612.36$40,789
Aug 202483115,80975.632.06$95,472
Jul 20241,39224,50479.932.15$163,863
Jun 20242,47332,90278.082.63$279,755
May 20243,26335,20078.812.20$334,542
Apr 20242,59827,71584.451.66$265,386
Mar 20243,23134,36080.301.55$312,540
Feb 20243,32437,86876.091.78$320,466
Jan 20243,82139,09373.023.30$407,925
Dec 20234,35339,16771.262.61$412,449
Nov 20234,60137,72677.892.81$464,290
Oct 20234,53340,61685.443.09$512,692
Sep 20235,20231,03889.042.74$548,076
Aug 20235,71937,26780.522.67$560,104
Jul 20234,20322,21574.852.64$373,282
Jun 20234,30927,92768.962.26$360,221
May 20235,41638,36670.622.23$467,934
Apr 20235,71945,09178.122.24$547,671
Mar 20236,00539,83172.852.39$532,786
Feb 20235,94135,23175.112.47$533,097
Jan 20237,09937,89876.533.39$671,674
Dec 20227,73338,40276.415.73$810,887
Nov 20228,36836,62585.005.65$918,072
Oct 20228,11036,53687.185.86$921,268
Sep 20228,93238,21384.888.16$1,070,107
Aug 20227,78629,73794.529.13$1,007,347
Jul 20225,21822,561101.587.54$700,201
Jun 20227,04726,632115.097.98$1,023,488
May 20227,01627,466109.378.43$998,962
Apr 20228,67532,342104.226.84$1,125,250
Mar 202210,03033,761108.885.08$1,263,451
Feb 20227,74026,78391.054.86$834,861
Jan 20226,79325,03781.844.54$669,549
Dec 20215,38716,10971.323.90$447,012
Nov 20215,03413,07377.435.24$458,244
Oct 20211,8148,42279.795.71$192,861
Sep 20211,1972,33769.865.35$96,128
Aug 202111,58828,41766.024.22$884,976
Jul 202113,62730,57270.783.98$1,086,259
Jun 20216,0209,79169.493.38$451,429
May 202110,39024,42663.483.02$733,267
Apr 20219,95119,22660.362.76$653,676
Mar 202111,81621,03461.302.72$781,469
Feb 20217,60212,24557.805.55$507,330
Jan 20215,8237,48750.412.81$314,578
Dec 20203,37216,21144.642.68$193,898
Nov 202013,09152,43438.772.71$649,454
Oct 202023,51380,06236.972.48$1,067,704
Sep 202026,53677,88337.091.99$1,139,288
Aug 202028,88580,61039.982.39$1,347,085
Jul 202031,42576,31438.371.83$1,345,059
Jun 202032,39365,87434.901.69$1,241,863
May 202036,56869,87716.921.81$745,540
Apr 202049,14969,33814.751.80$850,060
Mar 202032,38846,12730.341.86$1,068,274
Feb 202019,77816,19649.881.98$1,018,606
Jan 202062,77349,60257.252.09$3,697,658
Dec 201959,67336,86459.012.30$3,606,252
Nov 201956,39653,48355.302.75$3,265,814
Oct 201916,38611,10253.472.42$903,010

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                2,640 bbl  × $106.41 =   $280,922
Casinghead gas    34,894 Mcf  × $  3.05 =   $106,282

────────────────────────────────────────────────────
Month total                                 $387,204

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/53089 is the state's own key, not one this site invented.