JACK RABBIT SPECIAL 28-33

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 57908District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$58.6 M
Apr 2022 – May 2026
Value, last 12 filed months
$10.8 M
at the published price for each month
Months reported
50
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
OilDisposition732,977 bbl$57,254,032
Casinghead gasProduction371,601 Mcf$1,315,155
Total$58,569,186

Every month this lease reported (50)

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

50 months

May 202615,1964,517106.413.05$1,630,764
Apr 20266,4252,88998.932.87$643,916
Mar 202610,4115,92089.753.15$953,032
Feb 202610,2196,09163.503.75$671,750
Jan 202610,7897,14559.138.00$695,099
Dec 202510,5947,63156.664.41$633,934
Nov 202511,2379,00458.593.93$693,730
Oct 202512,8627,99559.383.30$790,168
Sep 202512,9158,15962.743.08$835,392
Aug 202514,5978,05463.933.01$957,467
Jul 202515,5368,47666.743.32$1,064,972
Jun 202518,3109,54066.483.13$1,247,097
May 202516,7038,32060.553.23$1,038,260
Apr 202510,8955,79462.363.54$699,941
Mar 202513,6377,84667.704.27$956,714
Feb 202516,2158,42770.884.34$1,185,899
Jan 202517,5217,75874.324.28$1,335,355
Dec 202420,2548,37668.993.12$1,423,468
Nov 202423,4018,32669.052.20$1,634,143
Oct 202430,39411,03271.372.28$2,194,388
Sep 202431,05112,31369.612.36$2,190,572
Aug 202446,84716,40975.632.06$3,576,901
Jul 202446,57818,13379.932.15$3,761,904
Jun 202412,1653,83778.082.63$959,950
May 20245,0991,48878.812.20$405,123
Apr 20249,0916,91084.451.66$779,200
Mar 202410,7929,34580.301.55$881,037
Feb 20249,4559,72976.091.78$736,784
Jan 20246,8856,33473.023.30$523,630
Dec 20231,45395571.262.61$106,034
Nov 20236363077.892.81$49,622
Oct 20235,8607,40785.443.09$523,546
Sep 20237,5947,39289.042.74$696,387
Aug 20238,6468,84380.522.67$719,812
Jul 20239,6278,90874.852.64$744,114
Jun 20239,8209,08168.962.26$697,696
May 20239,1868,72170.622.23$668,140
Apr 202310,4948,48178.122.24$838,770
Mar 202311,9989,51372.852.39$896,820
Feb 202311,1638,13475.112.47$858,509
Jan 202312,1907,29776.533.39$957,621
Dec 202214,0283,88176.415.73$1,094,114
Nov 202212,2775,90485.005.65$1,076,880
Oct 202216,1837,28087.185.86$1,453,522
Sep 202217,6335,92284.888.16$1,545,034
Aug 202218,4886,65794.529.13$1,808,245
Jul 202220,6805,383101.587.54$2,141,273
Jun 202218,5945,291115.097.98$2,182,191
May 202223,7225,758109.378.43$2,643,033
Apr 202216,6314,965104.226.84$1,767,232

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               15,196 bbl  × $106.41 = $1,617,006
Casinghead gas     4,517 Mcf  × $  3.05 =    $13,758

────────────────────────────────────────────────────
Month total                               $1,630,764

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/57908 is the state's own key, not one this site invented.