JOEY MACDONALD A

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 61459District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$19.5 M
Jan 2024 – May 2026
Value, last 12 filed months
$8.1 M
at the published price for each month
Months reported
29
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
OilDisposition268,912 bbl$18,741,869
Casinghead gasProduction231,277 Mcf$765,317
Total$19,507,187

Every month this lease reported (29)

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

29 months

May 20266,6088,599106.413.05$729,348
Apr 20265,6688,17998.932.87$584,207
Mar 20266,8268,78989.753.15$640,314
Feb 20266,6037,97063.503.75$449,181
Jan 20264,6985,46759.138.00$321,517
Dec 20257,5199,79756.664.41$469,264
Nov 20257,73610,35458.593.93$493,907
Oct 20259,96010,05859.383.30$624,665
Sep 202511,37510,82762.743.08$746,981
Aug 202514,80413,55063.933.01$987,270
Jul 202514,27111,73366.743.32$991,344
Jun 202516,13911,27166.483.13$1,108,185
May 202515,08012,53660.553.23$953,614
Apr 202514,70113,61362.363.54$964,987
Mar 202512,04410,61967.704.27$860,704
Feb 20255,4334,68970.884.34$405,445
Jan 202514,92610,75674.324.28$1,155,322
Dec 202414,92210,68168.993.12$1,062,808
Nov 202416,41410,34869.052.20$1,156,136
Oct 202415,87011,74371.372.28$1,159,432
Sep 202412,34411,73369.612.36$887,007
Aug 202418,0268,85975.632.06$1,381,588
Jul 202416,9459,10679.932.15$1,373,961
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$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                6,608 bbl  × $106.41 =   $703,157
Casinghead gas     8,599 Mcf  × $  3.05 =    $26,191

────────────────────────────────────────────────────
Month total                                 $729,348

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/61459 is the state's own key, not one this site invented.