SANDY REXENE (SA) R

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 20262District 7CField 85279200OilCasinghead gasSaveExport
Value, all time
$35.0 M
Feb 2019 – May 2026
Value, last 12 filed months
$3.0 M
at the published price for each month
Months reported
88
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
OilDisposition507,627 bbl$33,078,619
Casinghead gasProduction567,329 Mcf$1,947,645
Total$35,026,264

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

31.57800, -102.26709 · 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 2 wells
With a plug date
0.0%
0 of 2 wells
Median depth
8,695 ft
2 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.
2100.0%

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 8,439 and 8,951 ft, median 8,695 ft, over the 2 wells that filed a depth.

Completions filed
Feb 2019
2 of 2 wells

2 wells

42-461409234740LS8,951 ftFeb 2019
42-461409244720MS8,439 ftFeb 2019

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 (88)

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

88 months

May 20263,4242,371106.413.05$371,570
Apr 20264,0352,81898.932.87$407,269
Mar 20264,0405,23389.753.15$379,071
Feb 20264,0682,98463.503.75$269,509
Jan 20264,6831,88659.138.00$291,990
Dec 20251,7531,46256.664.41$105,777
Nov 20253,8332,40858.593.93$234,030
Oct 20254,2912,06559.383.30$261,624
Sep 20251,6861,81162.743.08$111,352
Aug 20252,6262,63163.933.01$175,812
Jul 20253,0932,39266.743.32$214,357
Jun 20253,0511,84366.483.13$208,597
May 20252,6531,31560.553.23$164,890
Apr 20254,0231,87562.363.54$257,518
Mar 20252,65460267.704.27$182,245
Feb 20251,79855370.884.34$129,843
Jan 20252,02713874.324.28$151,237
Dec 20243985568.993.12$27,630
Nov 202483669.052.20$5,744
Oct 20241,1061,31371.372.28$81,931
Sep 20241,1651,95369.612.36$85,713
Aug 20241,1302,20775.632.06$90,016
Jul 20244,2179,29379.932.15$357,013
Jun 20245,00310,65878.082.63$418,707
May 20244,86610,01878.812.20$405,513
Apr 20245,10511,22284.451.66$449,737
Mar 20244,86410,89280.301.55$407,409
Feb 20245,19010,64976.091.78$413,901
Jan 20245,5659,41973.023.30$437,417
Dec 20234,2339,45671.262.61$326,331
Nov 20234,71810,19277.892.81$396,100
Oct 20234,93611,53585.443.09$457,344
Sep 20235,13612,64189.042.74$491,883
Aug 20235,49914,78880.522.67$482,306
Jul 20235,41611,06774.852.64$434,624
Jun 20234,82510,19268.962.26$355,750
May 20235,32013,79770.622.23$406,430
Apr 20235,28914,59778.122.24$445,841
Mar 20236,00512,09172.852.39$466,400
Feb 20235,6649,16475.112.47$448,019
Jan 20235,37710,13276.533.39$445,826
Dec 20225,5879,53076.415.73$481,501
Nov 20227,64810,95485.005.65$711,928
Oct 20227,65010,87387.185.86$730,684
Sep 20227,29211,71084.888.16$714,542
Aug 20228,52810,50694.529.13$901,957
Jul 20227,67810,971101.587.54$862,675
Jun 20225,0248,508115.097.98$646,082
May 20225,4644,905109.378.43$638,962
Apr 20224,9283,064104.226.84$534,547
Mar 20222,0680108.885.08$225,164
Feb 20221,43036191.054.86$131,956
Jan 20223,4432,34681.844.54$292,421
Dec 20214,3672,80571.323.90$322,391
Nov 20212,5663,26477.435.24$215,778
Oct 20214,5836,26479.795.71$401,469
Sep 20214,2696,81569.865.35$334,699
Aug 20214,7098,00166.024.22$344,657
Jul 20214,3226,50770.783.98$331,823
Jun 20214,6146,42969.493.38$342,361
May 20215,2188,99463.483.02$358,380
Apr 20215,1217,53160.362.76$329,877
Mar 20214,9643,76561.302.72$314,522
Feb 20214,0564,79157.805.55$261,017
Jan 20215,3935,16550.412.81$286,376
Dec 20205,7322,90444.642.68$263,646
Nov 20206,7664,66438.772.71$274,941
Oct 20205,9702,97236.972.48$228,077
Sep 20205,6763,81437.091.99$218,117
Aug 20206,8255,53039.982.39$286,053
Jul 20206,5504,37938.371.83$259,316
Jun 20205,9792,73034.901.69$213,282
May 20204,67481716.921.81$80,567
Apr 20206,07390214.751.80$91,204
Mar 20205,6232,05130.341.86$174,409
Feb 20205,2243,09249.881.98$266,697
Jan 20202,9302,29457.252.09$172,548
Dec 20199,1206,24859.012.30$552,569
Nov 20196,1154,47255.302.75$350,461
Oct 20199,31510,19653.472.42$522,732
Sep 201910,66110,05155.052.66$613,596
Aug 201913,57610,44953.112.30$745,100
Jul 201910,8799,20356.272.46$634,801
Jun 201915,01912,89852.782.49$824,834
May 201917,88913,58558.482.74$1,083,376
Apr 201921,56416,31162.632.75$1,395,420
Mar 201930,68520,37956.803.06$1,805,311
Feb 201919,01211,60550.852.79$999,164

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                3,424 bbl  × $106.41 =   $364,348
Casinghead gas     2,371 Mcf  × $  3.05 =     $7,222

────────────────────────────────────────────────────
Month total                                 $371,570

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/20262 is the state's own key, not one this site invented.