SPAULDING 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 56035District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$57.5 M
Jun 2021 – May 2026
Value, last 12 filed months
$3.9 M
at the published price for each month
Months reported
60
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
OilDisposition677,854 bbl$54,125,056
Casinghead gasProduction752,440 Mcf$3,369,338
Total$57,494,394

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 32.5024, -101.7306. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.50239, -101.73062 · 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
8,758 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 8,758 ft.

Completions filed
Jun 2021
1 of 1 wells

1 well

42-317431942167WB8,758 ftJun 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 (60)

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

60 months

May 20263,70112,788106.413.05$432,774
Apr 20263,9406,41498.932.87$408,191
Mar 20264,1126,38289.753.15$389,152
Feb 20264,4845,66063.503.75$305,961
Jan 20264,8404,29259.138.00$320,516
Dec 20254,2632,43956.664.41$252,306
Nov 20254,3961,45558.593.93$263,275
Oct 20255,4531,17759.383.30$327,689
Sep 20254,6721,82662.743.08$298,740
Aug 20253,3331,84363.933.01$218,635
Jul 20254,9031,81766.743.32$333,250
Jun 20255,2222,21666.483.13$354,092
May 20253,5271,89360.553.23$219,679
Apr 20252,02472562.363.54$128,785
Mar 20258231,51967.704.27$62,201
Feb 20256824970.884.34$5,901
Jan 20251,0903,63074.324.28$96,540
Dec 20246,34710,03168.993.12$469,190
Nov 20246,6408,32069.052.20$476,783
Oct 20247,0348,04271.372.28$520,364
Sep 20247,1859,31769.612.36$522,177
Aug 20248,3215,13875.632.06$639,920
Jul 20247,9105,96579.932.15$645,051
Jun 20245,9723,88878.082.63$476,535
May 20247,2003,23678.812.20$574,546
Apr 20247,8703,97584.451.66$671,217
Mar 20245,6283,28380.301.55$457,001
Feb 20241,45639776.091.78$111,495
Jan 20241,37611773.023.30$100,861
Dec 20237,33614,76271.262.61$561,303
Nov 20239,15617,00277.892.81$760,895
Oct 20239,16717,59085.443.09$837,534
Sep 20239,10514,97689.042.74$851,669
Aug 20239,99317,44780.522.67$851,270
Jul 202310,69619,08374.852.64$851,009
Jun 202310,22118,71168.962.26$747,099
May 202311,31820,11370.622.23$844,077
Apr 202311,72520,52378.122.24$961,883
Mar 202312,49420,32672.852.39$958,831
Feb 202311,81416,91675.112.47$929,059
Jan 202313,31716,82376.533.39$1,076,142
Dec 202213,54718,40676.415.73$1,140,576
Nov 202213,82718,32785.005.65$1,278,773
Oct 202214,15017,92087.185.86$1,338,676
Sep 202214,30619,29984.888.16$1,371,844
Aug 202216,65122,64594.529.13$1,780,537
Jul 202216,10824,853101.587.54$1,823,694
Jun 202217,72827,054115.097.98$2,256,131
May 202221,84019,919109.378.43$2,556,619
Apr 20223,6915,465104.226.84$422,044
Mar 202219,99924,603108.885.08$2,302,386
Feb 202220,33523,40191.054.86$1,965,203
Jan 202224,67827,11981.844.54$2,142,705
Dec 202127,97330,43271.323.90$2,113,692
Nov 202132,14535,32277.435.24$2,673,963
Oct 202138,59735,71279.795.71$3,283,708
Sep 202133,37917,26769.865.35$2,424,251
Aug 202136,82017,43266.024.22$2,504,430
Jul 202143,58728,75770.783.98$3,199,601
Jun 20218,3616,20169.493.38$601,969

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                3,701 bbl  × $106.41 =   $393,823
Casinghead gas    12,788 Mcf  × $  3.05 =    $38,950

────────────────────────────────────────────────────
Month total                                 $432,774

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/56035 is the state's own key, not one this site invented.