ROBERT MICHAEL

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 61648District 08Field 85280300OilCasinghead gasSave
Value, all time
$182.1 M
Feb 2024 – May 2026
Value, last 12 filed months
$61.3 M
at the published price for each month
Months reported
28
no gaps in the span
Streams
2
oil, casinghead gas

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
OilDisposition2,453,180 bbl$170,191,441
Casinghead gasProduction3,399,352 Mcf$11,862,086
Total$182,053,527

Wells on this lease (9)

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 32.5058, -101.7500. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

32.50577, -101.75000 · 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 9 wells
With a plug date
0.0%
0 of 9 wells
Median depth
8,475 ft
9 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.
9100.0%

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

0k
2k
4k
6k
8k
10k
12k
15k
20k+

Total depth in feet, 9 of 9 wells. Median 8,475 ft, with the middle half between 7,922 and 8,697 ft; the shallowest is 7,449 ft and the deepest 8,886 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

When they were last completed

20s

Last completion by decade, 9 of 9 wells, Aug 2024. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Aug 2024
9 of 9 wells

9 wells

42-317457652048WA8,679 ftAug 2024
42-317457662068WB8,874 ftAug 2024
42-317457672016JM7,902 ftAug 2024
42-317457682082DN8,474 ftAug 2024
42-317457602047WA8,697 ftAug 2024
42-317457612012JM7,922 ftAug 2024
42-317457622067WB8,886 ftAug 2024
42-317457632081DN8,475 ftAug 2024
42-317457642006MS7,449 ftAug 2024

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 (28)

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

28 months

May 202643,608154,751106.413.05$5,111,674
Apr 202651,215130,80898.932.87$5,442,082
Mar 202656,468133,54289.753.15$5,488,586
Feb 202649,500110,11263.503.75$3,556,205
Jan 202655,473143,30359.138.00$4,426,244
Dec 202563,852154,80656.664.41$4,301,069
Nov 202575,815150,95458.593.93$5,034,713
Oct 202584,129138,38659.383.30$5,452,924
Sep 202584,507119,63962.743.08$5,670,089
Aug 202557,18986,93763.933.01$3,918,187
Jul 202589,657135,25766.743.32$6,432,112
Jun 202587,722203,83566.483.13$6,469,501
May 202598,641216,45860.553.23$6,672,374
Apr 2025106,654145,74262.363.54$7,167,325
Mar 2025113,580152,61567.704.27$8,340,776
Feb 2025127,079174,42470.884.34$9,764,506
Jan 2025165,740207,50574.324.28$13,205,644
Dec 2024196,241212,02068.993.12$14,200,459
Nov 2024217,820197,00369.052.20$15,473,570
Oct 2024260,020193,49871.372.28$18,999,074
Sep 2024243,044155,07369.612.36$17,284,941
Aug 2024125,22682,68475.632.06$9,641,472
Jul 20240079.932.15$0
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

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               43,608 bbl  × $106.41 = $4,640,327
Casinghead gas   154,751 Mcf  × $  3.05 =   $471,347

────────────────────────────────────────────────────
Month total                               $5,111,674

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/61648 is the state's own key, not one this site invented.