MADISON

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 15945District 7CField 85279200OilCasinghead gasSaveExport
Value, all time
$18.4 M
Apr 2006 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
242
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 7,461 leases and 22,481 wells, and the rule below applies to all of them.

Discovered
1904-12-31
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 2016-03-08.

The Commission's schedule remark for this field reads: AREA) 85279200.

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
OilDisposition216,216 bbl$15,283,726
Casinghead gasProduction643,438 Mcf$3,067,799
Total$18,351,526

Wells on this lease (3)

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 31.5989, -102.2531. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

31.59922, -102.25227 · 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
33.3%
1 of 3 wells
With a plug date
33.3%
1 of 3 wells
Median depth
10,617 ft
3 wells filed one
Completion to plug
4.3 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
133.3%
A plug date is filed
133.3%
BothOn the schedule and plugged. Neither fact cancels the other.
133.3%
NeitherNo plug date, and not on the schedule.
266.7%

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 10,615 and 10,620 ft, median 10,617 ft, over the 3 wells that filed a depth.

Completions filed
Jan 2021 – Jun 2021
3 of 3 wells
Plug dates filed
Sep 2025
1 of 3 wells; 2 filed none

Last completion to plug: a median of 4.3 years across the 1 well that filed both dates, with the middle half between 4.3 years and 4.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

3 wells

42-46135052370310,617 ftJun 2021
42-46136073371510,615 ftJun 2021Sep 2025Yes
42-46134992370710,620 ftJan 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 (242)

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

242 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
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
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20221094.529.13$95
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202210109.378.43$109
Apr 202200104.226.84$0
Mar 202230108.885.08$327
Feb 20225091.054.86$455
Jan 20222081.844.54$164
Dec 202127071.323.90$1,926
Nov 202181077.435.24$6,272
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 2021291260.362.76$1,784
Mar 202131447061.302.72$20,525
Feb 202120558757.805.55$15,106
Jan 202124586650.412.81$14,784
Dec 20204621,23744.642.68$23,933
Nov 20205141,43438.772.71$23,809
Oct 20205911,34836.972.48$25,190
Sep 20206871,75337.091.99$28,971
Aug 20206321,43339.982.39$28,685
Jul 20204921,77538.371.83$22,118
Jun 20204001,33534.901.69$16,217
May 20204041,26316.921.81$9,128
Apr 20205531,19514.751.80$10,313
Mar 20205661,68530.341.86$20,300
Feb 20205022,55849.881.98$30,106
Jan 20204782,95857.252.09$33,562
Dec 20196992,73759.012.30$47,555
Nov 20194552,44155.302.75$31,876
Oct 20193831,90453.472.42$25,084
Sep 20193861,66255.052.66$25,666
Aug 20193681,82053.112.30$23,738
Jul 20193261,89256.272.46$22,998
Jun 20192851,04352.782.49$17,641
May 20194241,83058.482.74$29,810
Apr 20194991,66562.632.75$35,832
Mar 20195151,69556.803.06$34,442
Feb 20194591,63050.852.79$27,891
Jan 20195531,63646.033.23$30,736
Dec 20185171,46846.594.19$30,231
Nov 20183951,66652.934.24$27,967
Oct 20184711,81661.443.40$35,109
Sep 20184631,97859.543.11$33,715
Aug 20185702,40059.403.07$41,218
Jul 20187892,08065.142.93$57,494
Jun 20186111,73660.183.08$42,112
May 20185101,87065.382.90$38,768
Apr 20184492,54363.842.90$36,041
Mar 20188372,50861.222.79$58,231
Feb 20189071,60461.782.77$60,471
Jan 20187471,46462.874.01$52,834
Dec 20175131,17957.272.92$32,824
Nov 20177141,27855.423.12$43,555
Oct 20171,7791,74949.292.98$92,905
Sep 20174661,33947.523.09$26,278
Aug 201721367645.373.00$11,695
Jul 201722786043.873.09$12,614
Jun 20174181,04842.493.09$20,996
May 20178421,44145.373.26$42,904
Apr 201760682547.933.21$31,695
Mar 201762696446.772.98$32,154
Feb 2017991,00050.452.95$7,947
Jan 20174572,00649.413.42$29,438
Dec 20164202,69348.763.72$30,505
Nov 20162491,68842.492.64$15,044
Oct 20164712,82646.193.09$30,489
Sep 20164442,70441.553.10$26,832
Aug 20162682,74041.442.92$19,119
Jul 20162102,30041.622.92$15,466
Jun 20162282,38345.352.69$16,740
May 20162752,29142.521.99$16,254
Apr 20162691,81836.561.99$13,454
Mar 20164352,93933.011.79$19,632
Feb 20164002,45126.472.06$15,646
Jan 20163992,56027.352.36$16,965
Dec 20154242,68232.362.00$19,088
Nov 20153382,86638.792.17$19,323
Oct 20155022,90243.552.43$28,904
Sep 20154832,86942.992.76$28,678
Aug 20154183,10140.162.87$25,694
Jul 20153923,78848.152.95$30,031
Jun 20154313,09556.152.88$33,123
May 20153463,04755.212.96$28,108
Apr 20153542,81349.822.71$25,250
Mar 20154582,58742.892.93$27,236
Feb 20154762,48544.662.98$28,654
Jan 20155352,19443.433.10$30,038
Dec 20144321,79154.693.59$30,058
Nov 20144882,46470.464.25$44,861
Oct 20146883,23078.303.90$66,471
Sep 20144652,25486.164.05$49,183
Aug 20144582,01589.394.04$49,071
Jul 20145452,55696.564.18$63,308
Jun 20146412,79298.164.74$76,146
May 20146123,84894.734.73$76,163
Apr 20145943,59595.944.81$74,277
Mar 20146453,53195.895.06$79,705
Feb 20146113,55897.406.19$81,543
Jan 20146234,02890.404.86$75,898
Dec 20133952,92191.824.35$48,988
Nov 20134752,94388.853.74$53,206
Oct 20136303,13497.423.78$73,219
Sep 2013173991104.113.72$21,695
Aug 20137253,915104.253.52$89,372
Jul 20135503,613102.523.72$69,818
Jun 20138423,76894.403.93$94,306
May 20137594,00494.834.15$88,589
Apr 20135803,83693.964.28$70,925
Mar 20135324,00993.623.91$65,493
Feb 20136553,65091.233.42$72,238
Jan 20136994,08591.603.42$77,999
Dec 20127394,25986.773.42$78,689
Nov 20127984,11186.953.62$84,288
Oct 20123844,16289.383.40$48,471
Sep 20128844,39694.672.92$96,518
Aug 20127854,59692.662.91$86,104
Jul 20128554,72985.133.02$87,072
Jun 20127644,38779.822.52$72,034
May 20126694,67491.612.49$72,918
Apr 20129804,674101.652.00$108,950
Mar 20121,1164,816105.052.22$127,937
Feb 20128734,546101.102.57$99,945
Jan 20121,0195,01498.092.73$113,662
Dec 20111,5394,43496.873.24$163,448
Nov 20114284,10695.723.31$54,564
Oct 20111,1724,06184.983.65$114,413
Sep 20119674,01983.623.99$96,879
Aug 20111,0044,62783.404.15$102,933
Jul 20119854,92594.144.52$114,975
Jun 20119674,57792.904.64$111,071
May 20111,0584,22498.134.40$122,428
Apr 20111,4064,034105.964.33$166,460
Mar 20111,2265,09796.364.06$138,818
Feb 20111,2174,35085.644.18$122,407
Jan 20111,2075,47786.504.59$129,538
Dec 20101,6475,71485.734.35$166,040
Nov 20101,5145,14980.843.80$141,934
Oct 20101,5405,22378.103.51$138,601
Sep 20101,4815,24472.633.98$128,433
Aug 20101,6365,71373.684.42$145,788
Jul 20101,6705,94372.554.74$149,307
Jun 20102,6666,89970.364.91$221,457
May 20101,0525,57171.124.24$98,413
Apr 20102,1494,80881.694.12$195,374
Mar 20102,2315,56178.394.39$199,293
Feb 20101,8604,95573.585.44$163,826
Jan 20102,8268,92274.365.96$263,353
Dec 20093,9119,17071.445.48$329,688
Nov 20093,7987,47774.593.75$311,343
Oct 20092,1645,77372.544.11$180,705
Sep 20091,3745,36165.543.06$106,482
Aug 20091,4246,65267.423.22$117,416
Jul 20091,7774,22061.133.46$123,248
Jun 20091,1343,45566.163.90$88,483
May 20098693,60554.743.93$61,721
Apr 20091,4304,36646.773.59$82,544
Mar 20091,3524,44342.144.06$75,007
Feb 20091,3723,97632.814.63$63,436
Jan 20091,5674,31035.865.37$79,342
Dec 20081,6514,67737.105.98$89,207
Nov 20081,9715,32455.496.86$145,895
Oct 20081,8332,88575.246.92$157,885
Sep 20081,2745,627101.767.88$173,967
Aug 20081,7966,688114.228.48$261,874
Jul 20081,8665,649131.0811.39$308,934
Jun 20081,9636,383131.3313.03$340,988
May 20081,9935,312123.1711.57$306,960
Apr 20082,1075,123110.3110.45$285,983
Mar 20082,0864,259101.909.66$253,723
Feb 20082,0814,54692.538.77$232,426
Jan 20082,4164,82490.388.21$257,943
Dec 20072,5514,28788.337.30$256,633
Nov 20072,5595,03091.677.29$271,261
Oct 20073,1906,05682.856.92$306,211
Sep 20072,7115,07575.846.24$237,291
Aug 20073,4647,12169.066.39$284,712
Jul 20074,2578,80370.906.39$358,054
Jun 20074,6578,51262.007.55$352,986
May 20072,3464,96958.747.85$176,792
Apr 20074,2746,62159.617.81$306,451
Mar 20073,9676,88456.927.30$276,068
Feb 20074,2106,69855.108.22$287,002
Jan 20075,4778,40050.306.73$331,999
Dec 20065,1537,84056.656.92$346,158
Nov 20066,4697,47454.207.62$407,553
Oct 20065,5475,15954.906.01$335,555
Sep 20065,2108,69760.085.04$356,825
Aug 20066,7467,48468.717.34$518,450
Jul 20062,3682,80569.376.34$182,060
Jun 200637024966.286.38$26,113
May 20063521,45766.016.42$32,597
Apr 20061064.397.36$64

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.

Aug 2022 — as filed, then multipliedworked
Oil                    1 bbl  × $ 94.52 =        $95
Casinghead gas         0 Mcf  × $  9.13 =         $0

────────────────────────────────────────────────────
Month total                                      $95

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. 7C/O/15945 is the state's own key, not one this site invented.