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SCHRUTE B

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 54052District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$53.3 M
Sep 2019 – May 2026
Value, last 12 filed months
$3.1 M
at the published price for each month
Months reported
81
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
OilDisposition713,802 bbl$44,932,753
Casinghead gasProduction2,150,894 Mcf$8,401,670
Total$53,334,424

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 32.2604, -101.6388. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.1 miles.

32.26041, -101.63876 · 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
7,793 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 7,589 and 7,997 ft, median 7,793 ft, over the 2 wells that filed a depth.

Completions filed
Jun 2020
2 of 2 wells

2 wells

42-227401621746WA7,997 ftJun 2020——
42-227402161724LS7,589 ftJun 2020——

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 (81)

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

81 months

May 20262,82823,779106.413.05$373,355
Apr 20263,73126,03598.932.87$443,821
Mar 20263,63026,03589.753.15$407,788
Feb 20263,67023,32863.503.75$320,532
Jan 20264,21323,73059.138.00$438,905
Dec 20254,12521,63656.664.41$329,210
Nov 20252,95613,40158.593.93$225,810
Oct 20251,3358,74759.383.30$108,180
Sep 20251,2208,77962.743.08$103,555
Aug 20251,2729,31163.933.01$109,389
Jul 20251,54712,93766.743.32$146,136
Jun 20251,49313,81966.483.13$142,490
May 20251,78014,54560.553.23$154,793
Apr 20252,31718,86562.363.54$211,329
Mar 20255,25831,59767.704.27$490,833
Feb 20255,16534,87970.884.34$517,499
Jan 20256,00637,87474.324.28$608,417
Dec 20245,24931,02368.993.12$458,963
Nov 20244,64120,96169.052.20$366,543
Oct 20243,81117,51671.372.28$311,952
Sep 20241,63516,83369.612.36$153,612
Aug 20242,87926,50875.632.06$272,441
Jul 20242,81024,54179.932.15$277,283
Jun 20243,71828,16178.082.63$364,477
May 20243,66827,61078.812.20$349,774
Apr 20243,85226,15184.451.66$368,691
Mar 20243,78626,15980.301.55$344,435
Feb 20243,29026,16376.091.78$297,001
Jan 20244,04227,97573.023.30$387,399
Dec 20234,99932,36471.262.61$440,722
Nov 20235,08829,54877.892.81$479,262
Oct 20234,81828,57985.443.09$499,881
Sep 20234,45727,24789.042.74$471,373
Aug 20235,95831,92880.522.67$565,078
Jul 20235,29129,76974.852.64$474,675
Jun 20235,16030,92468.962.26$425,675
May 20236,02930,36270.622.23$493,396
Apr 20234,74126,64778.122.24$429,997
Mar 20236,06831,49972.852.39$517,436
Feb 20236,41730,77175.112.47$557,852
Jan 20237,21432,18876.533.39$661,131
Dec 20226,66528,08276.415.73$670,157
Nov 20226,50221,09685.005.65$671,782
Oct 20224,06118,13587.185.86$460,377
Sep 20226,19633,22684.888.16$797,163
Aug 20228,01042,13094.529.13$1,141,632
Jul 20228,41341,373101.587.54$1,166,631
Jun 20228,59440,745115.097.98$1,314,114
May 20229,80743,547109.378.43$1,439,825
Apr 202210,00242,692104.226.84$1,334,319
Mar 202211,72546,625108.885.08$1,513,305
Feb 202211,76042,45891.054.86$1,277,045
Jan 202212,88241,81381.844.54$1,243,997
Dec 202113,74947,04971.323.90$1,164,028
Nov 202115,36348,38677.435.24$1,442,947
Oct 202117,21247,34879.795.71$1,643,886
Sep 202117,64544,27269.865.35$1,469,576
Aug 202118,69232,86666.024.22$1,372,760
Jul 202112,05115,47670.783.98$914,596
Jun 20219,60724,50469.493.38$750,429
May 202119,11845,51763.483.02$1,350,966
Apr 202120,73746,45660.362.76$1,379,830
Mar 202124,76847,42761.302.72$1,647,135
Feb 202111,85516,97057.805.55$779,368
Jan 202122,53637,63250.412.81$1,241,796
Dec 202028,94346,28044.642.68$1,415,836
Nov 202036,38351,54338.772.71$1,550,074
Oct 202042,49247,30736.972.48$1,688,176
Sep 202037,18228,89037.091.99$1,436,602
Aug 202039,25730,50039.982.39$1,642,240
Jul 202048,03534,88938.371.83$1,906,780
Jun 202011,3934,93634.901.69$405,959
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$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                2,828 bbl  × $106.41 =   $300,927
Casinghead gas    23,779 Mcf  × $  3.05 =    $72,427

────────────────────────────────────────────────────
Month total                                 $373,355

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/54052 is the state's own key, not one this site invented.