DAVIS, L.

Operated by SM ENERGY COMPANY (P-5 788997) in the PEGASUS (CONSOLIDATED) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 18833District 7CField 70279100OilCasinghead gasSaveExport
Value, all time
$406 k
Mar 2013 – Feb 2025
Value, last 12 filed months
$7 k
at the published price for each month
Months reported
144
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 165 leases and 521 wells, and the rule below applies to all of them.

Discovered
2010-04-20
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 20 acres. The field rule took effect on 2013-11-12.

The Commission's schedule remark for this field reads: ALLOCATION FORMULA REMAINS SUSPENDED.

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
OilDisposition6,323 bbl$404,238
Casinghead gasProduction335 Mcf$1,290
Total$405,528

Wells on this lease (2)

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 31.5878, -102.1842. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.5 miles.

31.58776, -102.18415 · 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
100.0%
2 of 2 wells
With a plug date
100.0%
2 of 2 wells
Median depth
10,835 ft
2 wells filed one
Completion to plug
15.8 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
2100.0%
A plug date is filed
2100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
2100.0%
NeitherNo plug date, and not on the schedule.
00.0%

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

Between 10,700 and 10,970 ft, median 10,835 ft, over the 2 wells that filed a depth.

Completions filed
Sep 1988 – Oct 2024
2 of 2 wells
Plug dates filed
Dec 2019 – Dec 2024
2 of 2 wells

Last completion to plug: a median of 15.8 years across the 2 wells that filed both dates, with the middle half between 7.9 years and 23.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-46132662110,700 ftOct 2024Dec 2024Yes
42-46132813210,970 ftSep 1988Dec 2019Yes

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 (144)

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

144 months

Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 2024107068.993.12$7,382
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 20220094.529.13$0
Jul 2022290101.587.54$2,946
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 20221720104.226.84$17,926
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 2021174077.435.24$13,473
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 2021174066.024.22$11,487
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 2021174063.483.02$11,046
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 2021171050.412.81$8,620
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 2020174039.982.39$6,957
Jul 20200038.371.83$0
Jun 2020177034.901.69$6,177
May 20200016.921.81$0
Apr 20202014.751.80$30
Mar 20201030.341.86$30
Feb 20200049.881.98$0
Jan 2020160057.252.09$9,160
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 2019171053.472.42$9,143
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 2019167058.482.74$9,766
Apr 20190062.632.75$0
Mar 2019166056.803.06$9,429
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 2018161046.594.19$7,501
Nov 20180052.934.24$0
Oct 2018170061.443.40$10,445
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 2018167065.142.93$10,878
Jun 20180060.183.08$0
May 2018158065.382.90$10,330
Apr 20180063.842.90$0
Mar 2018155061.222.79$9,489
Feb 20180061.782.77$0
Jan 2018167062.874.01$10,499
Dec 20170057.272.92$0
Nov 2017165055.423.12$9,144
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 2017168045.373.00$7,622
Jul 20170043.873.09$0
Jun 2017165042.493.09$7,011
May 20170045.373.26$0
Apr 2017168047.933.21$8,052
Mar 20170046.772.98$0
Feb 2017181050.452.95$9,131
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 2016180042.492.64$7,648
Oct 20160046.193.09$0
Sep 2016172041.553.10$7,147
Aug 20160041.442.92$0
Jul 2016174041.622.92$7,242
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 2016146026.472.06$3,865
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20151942.892.93$69
Feb 201512744.662.98$557
Jan 2015173643.433.10$7,532
Dec 20140054.693.59$0
Nov 2014185070.464.25$13,035
Oct 20141078.303.90$78
Sep 2014178086.164.05$15,336
Aug 20141089.394.04$89
Jul 2014179096.564.18$17,284
Jun 20140098.164.74$0
May 2014176094.734.73$16,672
Apr 20142095.944.81$192
Mar 2014176095.895.06$16,877
Feb 20143097.406.19$292
Jan 20141791390.404.86$16,245
Dec 2013182891.824.35$16,746
Nov 2013111188.853.74$504
Oct 20131097.423.78$97
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20131741294.834.15$16,550
Apr 20132093.964.28$188
Mar 201318116993.623.91$17,607

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.

Dec 2024 — as filed, then multipliedworked
Oil                  107 bbl  × $ 68.99 =     $7,382
Casinghead gas         0 Mcf  × $  3.12 =         $0

────────────────────────────────────────────────────
Month total                                   $7,382

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/18833 is the state's own key, not one this site invented.