SMAILS C
SMAILS C is a Texas oil lease in Howard County, Railroad Commission district 08, operated by SM Energy Company. It has 2 wellbores on file with the Commission. Reported production runs from July 2020 to August 2026, totalling 983,599 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values the whole lease — a 100% undivided interest — at about $852K, with roughly $608K expected over the next twelve months. An individual royalty owner receives their own decimal interest times that figure. Over the last twelve months on file it averaged 1,446 barrels a month, about 723 per wellbore. Its strongest month on the record we hold was May 2021, at 63,963 barrels. In our own backtest, leases producing at this rate are forecast to within about 17% of what they went on to produce, and that measured error is the range shown on the page rather than a confidence of our own devising.
Key facts about SMAILS C
- Who operates SMAILS C?
- SMAILS C is operated by SM Energy Company, Railroad Commission of Texas operator number 788997.
- Where is SMAILS C?
- SMAILS C is a Texas oil lease in Howard County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 55338.
- Is SMAILS C still producing?
- SMAILS C is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SMAILS C is August 2026.
- How much has SMAILS C produced?
- SMAILS C has reported 983,599 barrels of oil (bbl) to the Railroad Commission of Texas between July 2020 and August 2026, from 2 wellbores.
- How much is SMAILS C worth?
- The remaining production from SMAILS C is estimated to be worth about $852K in total as of 26 August 2026, within a range of $707K to $997K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SMAILS C is a fraction of it. The estimate fits an Arps decline curve to the production SMAILS C has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SMAILS C is an estimate of value, not an offer and not an appraisal.
- How much income does SMAILS C generate in a year?
- SMAILS C is forecast to net about $608K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in SMAILS C receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | SM Energy Company |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Howard County, Texas |
| RRC district | 08 |
| Lease number | 55338 |
| Wellbores | 2 |
| Reported production | 983,599 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $852K |
Where SMAILS C sits
Source: Railroad Commission of Texas lease production records, complete through . Figures on this page were computed on .
Production figures are as reported to the Railroad Commission of Texas. The value shown is an estimate produced by fitting a decline curve to that reported history; it is not an offer or an appraisal. How this estimate is calculated.