SANDY REXENE (SA) AA

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 20209District 7CField 85279200OilCasinghead gasSaveExport
Value, all time
$15.7 M
Feb 2019 – Nov 2022
Value, last 12 filed months
$2.5 M
at the published price for each month
Months reported
46
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
OilDisposition264,929 bbl$14,891,989
Casinghead gasProduction253,770 Mcf$770,944
Total$15,662,933

Wells on this lease (1)

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 31.5780, -102.2671. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.57795, -102.26708 · 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%
1 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
8,439 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
1100.0%
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.
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

The one well that filed a depth was drilled to 8,439 ft.

Completions filed
Feb 2019
1 of 1 wells

1 well

42-461409244720MS8,439 ftFeb 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 (46)

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

46 months

Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 20221550101.587.54$15,745
Jun 20223,5737,185115.097.98$468,533
May 20223,5895,058109.378.43$435,183
Apr 20223,5893,375104.226.84$397,122
Mar 20223,4664,470108.885.08$400,070
Feb 20222,2781,27291.054.86$213,592
Jan 20223,2562,54781.844.54$278,029
Dec 20213,4761,92771.323.90$255,422
Nov 20212,1001,69277.435.24$171,464
Oct 20213,6593,55579.795.71$312,264
Sep 20213,2853,12069.865.35$246,185
Aug 20213,5543,30966.024.22$248,601
Jul 20213,4543,14870.783.98$257,010
Jun 20213,6252,71169.493.38$261,066
May 20213,6732,18363.483.02$239,750
Apr 20213,5783,13460.362.76$224,613
Mar 20213,8602,27361.302.72$242,794
Feb 20213,5602,45757.805.55$219,399
Jan 20214,4982,89250.412.81$234,871
Dec 20204,02098244.642.68$182,080
Nov 20204,6271,87038.772.71$184,450
Oct 20205,1232,18836.972.48$194,820
Sep 20204,8832,77937.091.99$186,644
Aug 20205,4863,05739.982.39$226,622
Jul 20203,7983,58038.371.83$152,263
Jun 20206,0637,01234.901.69$223,451
May 20206,5278,50216.921.81$125,866
Apr 20206,3788,32214.751.80$109,092
Mar 20207,2409,24530.341.86$236,822
Feb 20207,8588,14549.881.98$408,090
Jan 20207,1428,85257.252.09$427,422
Dec 20197,9609,88059.012.30$492,487
Nov 20198,0859,82755.302.75$474,132
Oct 20198,9739,98353.472.42$503,931
Sep 20198,99112,03355.052.66$526,930
Aug 201910,61213,68453.112.30$595,136
Jul 201911,29512,88856.272.46$667,275
Jun 201912,40513,34152.782.49$687,971
May 201914,20313,16058.482.74$866,654
Apr 201918,65916,42362.632.75$1,213,788
Mar 201924,22016,31956.803.06$1,425,666
Feb 20198,1535,39050.852.79$429,630

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.

Jul 2022 — as filed, then multipliedworked
Oil                  155 bbl  × $101.58 =    $15,745
Casinghead gas         0 Mcf  × $  7.54 =         $0

────────────────────────────────────────────────────
Month total                                  $15,745

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/20209 is the state's own key, not one this site invented.