SCHRUTE E

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 54124District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$27.3 M
Nov 2019 – May 2026
Value, last 12 filed months
$939 k
at the published price for each month
Months reported
79
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
OilDisposition406,041 bbl$22,600,800
Casinghead gasProduction1,206,460 Mcf$4,700,770
Total$27,301,570

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 32.2609, -101.6360. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.26090, -101.63602 · 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
7,471 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 7,471 ft.

Completions filed
Jun 2020
1 of 1 wells

1 well

42-227401641725LS7,471 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 (79)

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

79 months

May 202686210,417106.413.05$123,454
Apr 20261,04811,20198.932.87$135,822
Mar 20265694,45889.753.15$65,108
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 202510056.664.41$567
Nov 20255457,77958.593.93$62,475
Oct 20251,05116,60459.383.30$117,282
Sep 202583913,90562.743.08$95,423
Aug 20251,37420,38763.933.01$149,302
Jul 20251,21516,40866.743.32$135,485
Jun 20254767,03566.483.13$53,655
May 20253444,67860.553.23$35,950
Apr 20251,24619,77062.363.54$147,748
Mar 20251,76519,59667.704.27$203,133
Feb 20251,56616,69770.884.34$183,477
Jan 20251,11211,02274.324.28$129,803
Dec 20241068.993.12$69
Nov 20241502,24269.052.20$15,286
Oct 20245632,47771.372.28$45,832
Sep 202494813,47169.612.36$97,841
Aug 20241,33116,17175.632.06$134,034
Jul 202494211,30279.932.15$99,555
Jun 20241,89715,50778.082.63$188,963
May 20241,47111,51578.812.20$141,245
Apr 20241,89112,19684.451.66$179,931
Mar 20241,2566,73780.301.55$111,266
Feb 20249076.091.78$685
Jan 20242381473.023.30$17,425
Dec 20231,2679,84071.262.61$115,976
Nov 20231,86614,82277.892.81$186,956
Oct 20232,66118,50985.443.09$284,498
Sep 20231,2328,24989.042.74$132,259
Aug 20233,61519,11180.522.67$342,161
Jul 20231,5507,62274.852.64$136,153
Jun 202332068.962.26$2,207
May 20237652,86170.622.23$60,397
Apr 20231,46510,60678.122.24$138,179
Mar 20232,61718,24772.852.39$234,316
Feb 20232,38415,68575.112.47$217,736
Jan 20233,24918,70976.533.39$312,027
Dec 20221,54211,02776.415.73$180,999
Nov 20222521,53485.005.65$30,081
Oct 20221,84217,15587.185.86$261,178
Sep 20222,49320,70884.888.16$380,659
Aug 20222,76322,45594.529.13$466,109
Jul 20223,11023,630101.587.54$494,133
Jun 20223,31023,870115.097.98$571,364
May 20223,78324,448109.378.43$619,918
Apr 20223,75124,359104.226.84$557,486
Mar 20224,07425,125108.885.08$571,122
Feb 20223,81321,39291.054.86$451,114
Jan 20224,80423,07381.844.54$497,857
Dec 20215,38223,75371.323.90$476,460
Nov 20215,61326,37577.435.24$572,737
Oct 20218,94531,83079.795.71$895,594
Sep 20216,16517,66069.865.35$525,184
Aug 202112,83244,34166.024.22$1,034,314
Jul 202112,29634,59370.783.98$1,008,063
Jun 20214,95911,76469.493.38$384,371
May 20218,85119,67563.483.02$621,234
Apr 202110,25423,09560.362.76$682,637
Mar 202113,11427,07561.302.72$877,449
Feb 202110,80522,60657.805.55$749,946
Jan 202119,85343,71050.412.81$1,123,627
Dec 202022,30844,55344.642.68$1,115,029
Nov 202025,60642,68638.772.71$1,108,277
Oct 202032,98143,85736.972.48$1,328,004
Sep 202039,14934,10137.091.99$1,519,933
Aug 202040,20429,98939.982.39$1,678,883
Jul 202029,64121,32338.371.83$1,176,242
Jun 202014,1248,84834.901.69$507,883
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

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                  862 bbl  × $106.41 =    $91,725
Casinghead gas    10,417 Mcf  × $  3.05 =    $31,729

────────────────────────────────────────────────────
Month total                                 $123,454

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/54124 is the state's own key, not one this site invented.