CVX KATIE (SA) T

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 20876District 7CField 85279200OilCasinghead gasSaveExport
Value, all time
$12.1 M
Mar 2020 – Jul 2022
Value, last 12 filed months
$4.2 M
at the published price for each month
Months reported
29
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
OilDisposition226,813 bbl$10,162,503
Casinghead gasProduction539,042 Mcf$1,901,292
Total$12,063,795

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 31.5898, -102.2127. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.58985, -102.21268 · 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
8,929 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 8,929 ft.

Completions filed
Mar 2020
1 of 1 wells

1 well

42-461410894443LS8,929 ftMar 2020Yes

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 (29)

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

29 months

Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 2022710109.378.43$7,765
Apr 20223,38821,043104.226.84$496,981
Mar 20223,70923,355108.885.08$522,395
Feb 20223,50421,87191.054.86$425,307
Jan 20224,17024,74781.844.54$453,567
Dec 20214,13324,60271.323.90$390,692
Nov 20214,31923,90577.435.24$459,607
Oct 20214,65024,91279.795.71$513,367
Sep 20214,89924,33369.865.35$472,448
Aug 20215,42126,18566.024.22$468,411
Jul 20215,68326,15170.783.98$506,378
Jun 20216,03727,16569.493.38$511,346
May 20216,70928,47063.483.02$511,800
Apr 20216,89426,91060.362.76$490,351
Mar 20218,57525,62961.302.72$595,280
Feb 20216,5083,78857.805.55$397,178
Jan 20218,7055,26450.412.81$453,612
Dec 20205,81928944.642.68$260,533
Nov 20207,0255,49638.772.71$287,235
Oct 20205,4158,32836.972.48$220,833
Sep 20208,72516,24037.091.99$355,945
Aug 202012,56828,01739.982.39$569,292
Jul 202015,06229,00438.371.83$630,865
Jun 202016,83128,51934.901.69$635,608
May 202022,08928,11716.921.81$424,771
Apr 202029,34222,84514.751.80$474,016
Mar 202016,56213,85730.341.86$528,213

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 2022 — as filed, then multipliedworked
Oil                   71 bbl  × $109.37 =     $7,765
Casinghead gas         0 Mcf  × $  8.43 =         $0

────────────────────────────────────────────────────
Month total                                   $7,765

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/20876 is the state's own key, not one this site invented.