SMAILS C

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 55338District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$90.0 M
Jul 2020 – May 2026
Value, last 12 filed months
$2.3 M
at the published price for each month
Months reported
71
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
OilDisposition983,570 bbl$78,990,570
Casinghead gasProduction2,710,559 Mcf$11,035,290
Total$90,025,861

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 32.5098, -101.6971. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.50983, -101.69713 · 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
8,162 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 7,748 and 8,576 ft, median 8,162 ft, over the 2 wells that filed a depth.

Completions filed
Mar 2021
2 of 2 wells

2 wells

42-227404712369WB8,576 ftMar 2021
42-227404702318JM7,748 ftMar 2021

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 (71)

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

71 months

May 20262,61523,642106.413.05$350,272
Apr 20261,90723,53798.932.87$256,204
Mar 20261,80621,55389.753.15$229,968
Feb 20261,03712,17763.503.75$111,517
Jan 202698813,78659.138.00$168,680
Dec 20251,04713,00256.664.41$116,706
Nov 20251,37416,99658.593.93$147,236
Oct 20251,87546,88859.383.30$266,295
Sep 20251,81734,16562.743.08$219,122
Aug 20251,53721,59463.933.01$163,361
Jul 20251,40117,69466.743.32$152,162
Jun 20251,32318,77766.483.13$146,701
May 20251,22520,16660.553.23$139,357
Apr 20252,02130,18662.363.54$232,982
Mar 20253,71753,40267.704.27$479,578
Feb 20253,90758,85170.884.34$532,391
Jan 20254,48157,89074.324.28$580,721
Dec 20245,39453,04368.993.12$537,699
Nov 20243,96541,04569.052.20$364,018
Oct 20244,67550,34671.372.28$448,514
Sep 20245,64148,91369.612.36$508,318
Aug 20246,25839,41775.632.06$554,635
Jul 20244,60830,16279.932.15$433,063
Jun 20243,05130,81378.082.63$319,383
May 20243,88636,53478.812.20$386,573
Apr 20246,85354,34284.451.66$668,900
Mar 20247,36654,12180.301.55$675,114
Feb 20246,38251,06976.091.78$576,695
Jan 20246,73257,06973.023.30$679,765
Dec 20236,49455,04371.262.61$606,464
Nov 20236,91555,68677.892.81$694,951
Oct 20237,19259,66685.443.09$798,690
Sep 20237,69354,02589.042.74$832,745
Aug 20238,52455,00180.522.67$833,364
Jul 20239,75456,87474.852.64$880,337
Jun 202310,10253,54968.962.26$817,573
May 202310,24053,49970.622.23$842,312
Apr 20239,80045,52278.122.24$867,443
Mar 20234,00536,71972.852.39$379,639
Feb 202310,24449,56575.112.47$891,638
Jan 202313,19955,51576.533.39$1,198,189
Dec 202215,85560,73176.415.73$1,559,413
Nov 202213,10944,94685.005.65$1,368,039
Oct 202216,53262,80987.185.86$1,809,557
Sep 202216,51869,79884.888.16$1,971,856
Aug 202218,88072,86194.529.13$2,449,552
Jul 202221,26472,015101.587.54$2,703,140
Jun 202232,77169,879115.097.98$4,329,053
May 202244,48775,294109.378.43$5,500,501
Apr 202244,82371,914104.226.84$5,163,172
Mar 202243,91570,939108.885.08$5,141,580
Feb 202242,03553,79991.054.86$4,088,687
Jan 202237,03143,68881.844.54$3,228,859
Dec 202150,82240,64471.323.90$3,783,101
Nov 202140,64922,83977.435.24$3,267,056
Oct 202139,40218,66379.795.71$3,250,524
Sep 202121,07313,59269.865.35$1,544,889
Aug 20219691,13466.024.22$68,760
Jul 202139,04725,44370.783.98$2,865,063
Jun 202160,28841,53569.493.38$4,329,827
May 202164,10242,06263.483.02$4,196,124
Apr 202157,38036,45060.362.76$3,564,001
Mar 202159,56737,68061.302.72$3,753,831
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$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                2,615 bbl  × $106.41 =   $278,262
Casinghead gas    23,642 Mcf  × $  3.05 =    $72,010

────────────────────────────────────────────────────
Month total                                 $350,272

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/55338 is the state's own key, not one this site invented.