Texas oil lease
No report in 6+ monthsTHOMAS 2
Thomas 2 is an oil lease in Howard County, Texas, operated by SM Energy Company in the Spraberry (Trend Area) field.
2 wells
- Operator
- SM Energy Company
- County
- Howard County
- RRC lease
- 08-38353
Is your check right?
Where it sits
This county
- Gas, since Jan 2020
- 1,933 mcf
- Oil in Nov 2020
- 0 bbl
Production by month
Oil output fell 100% since Jan 2020
- Oil (bars)
- Gas (line)
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
Where the gas went
98% of the gas went to a processing plant in the 6 months reported
Flaring peaked at 18.6% of the gas in Apr 2020.
- Processing plant (3)
- Flared (4)
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
Processing plant (3)
98% · 1,885 mcf
Flared (4)
2.5% · 48 mcf
2.5% of the gas flared in the 6 months reported. One month above 3%.
2 wells on this lease
| API number | Well no. | Status |
|---|---|---|
| 42-227-36038 | 2 | Active |
| 42-227-37125 | 2K | Active |
SourceTexas Railroad Commission Wellbore Query.
Buyers and gatherers
| Company | Product | Role | Share% | From | Until |
|---|---|---|---|---|---|
| Enterprise Crude Oil LLC | Oil | Gathers | 100 | Feb 1, 2021 | – |
| Dcp Operating Company, LP | Casinghead gas | Buys | 100 | Apr 1, 2017 | – |
| Dcp Operating Company, LP | Casinghead gas | Gathers | 100 | Apr 1, 2017 | – |
| Ngl Crude Logistics, LLC | Oil | Gathers | 50 | Mar 1, 2017 | Feb 1, 2021 |
| Sunoco Ptnrs. Mktg.&terminals LP | Oil | Gathers | 50 | Mar 1, 2017 | Feb 1, 2021 |
SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).
157 acres on the newest permit
The wells on this lease state different acreage
The permits state between 157 and 320 acres.
| API number | Well no. | Permit issued | Completed | Acreson the permit |
|---|---|---|---|---|
| 42-227-37125 | 2K | Aug 8, 2012 | Dec 1, 2012 | 157 |
| 42-227-36038 | 2 | Jan 25, 2007 | May 14, 2007 | 320 |
What SM Energy Company told investors it received
| Quarter | Oil$ per bbl | Gas$ per mcf | Gas liquids$ per bbl | Filing |
|---|---|---|---|---|
| Q2 2026 | $96.85 | $0.17 | $24.69 | SEC filing |
| Q1 2026 | $73.69 | $1.72 | $21.58 | SEC filing |
| Q4 2025 | $58.17 | $1.81 | $20.67 | SEC filing |
| Q3 2025 | – | $2.19 | – | SEC filing |
| Q2 2025 | $62.04 | $2.15 | $21.91 | SEC filing |
| Q1 2025 | $70.56 | $3.30 | $25.86 | SEC filing |
SourceSM Energy Company quarterly reports, SEC EDGAR, company-wide averages before hedging.
Estimate your royalty
11 months, newest first
| Month | Oil producedbbl | Oil soldbbl | Gas producedmcf | Gas soldmcf, codes 2+3 | Flaredmcf | WTI$/bbl | Henry Hub$/MMBtu |
|---|---|---|---|---|---|---|---|
| Nov 2020 | 0 | 0 | 0 | 0 | 0 | $40.94 | $2.61 |
| Oct 2020 | 0 | 71 | 0 | 0 | 0 | $39.40 | $2.39 |
| Sep 2020 | 0 | 0 | 4 | 4 | 0 | $39.63 | $1.92 |
| Aug 2020 | 0 | 0 | 0 | 0 | 0 | $42.34 | $2.30 |
| Jul 2020 | 0 | 0 | 0 | 0 | 0 | $40.71 | $1.76 |
| Jun 2020 | 0 | 0 | 0 | 0 | 0 | $38.31 | $1.63 |
| May 2020 | 2 | 164 | 89 | 89 | 0 | $28.56 | $1.75 |
| Apr 2020 | 104 | 0 | 258 | 210 | 48 | $16.55 | $1.74 |
| Mar 2020 | 153 | 338 | 301 | 301 | 0 | $29.21 | $1.79 |
| Feb 2020 | 190 | 169 | 533 | 533 | 0 | $50.54 | $1.91 |
| Jan 2020 | 235 | 499 | 748 | 748 | 0 | $57.52 | $2.02 |
Flared above 3%
SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Sep 28, 2026.
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Nearby
This lease belongs to
SM Energy Company in Howard County
- MERLIN E
170,390 mcf
- VIPER MCMURPHY C
7,131 bbl
- WACO KID B
6,963 bbl
- BAXTER
6,277 bbl
- MERLIN F
3,605 bbl
- COSTANZA D
5,442 bbl
- RAMBO 38-47 A
2,713 bbl
- MERLIN G
1,038 bbl
- COSTANZA B
3,565 bbl
- KRAMER D
892 bbl
Spraberry (Trend Area) field
- CAVE "9S"
774 bbl
- RICHARDS "44"
765 bbl
- DUANE 18
644 bbl
- GARDENDALE '2'
748 bbl
- PARRISH 17
573 bbl
- PHILLIPS 8A
755 bbl
- HOLLADAY JONES
766 bbl
- BIG MAX 4
591 bbl
- KNOTT SHAW 30
722 bbl
- CHAPMAN 21
683 bbl
Leases within 10 km
- OGRE 47-2 A
112,801 bbl · 0.1 km
- ICEMAN
69,155 bbl · 0.3 km
- THOMAS 2A
3,815 bbl · 0.7 km
- BURCHELL 2A
0 bbl · 0.8 km
- THOMAS 3
68 bbl · 0.8 km
- NEWTON 10
4,066 bbl · 0.8 km
- RIPLEY 10-2 A
402,909 bbl · 0.9 km
- BURCHELL 2
0 bbl · 1 km
- ROGERS 47
253 bbl · 1.1 km
- CR-21
0 bbl · 1.2 km
Drilling permits within 10 km
ZISSOU 32-41 A #3245WA
new drill · horizontal · SM Energy Company · Howard County · 9.7 km
Permit 0914729 · Apr 20, 2026
ZISSOU B #3243WA
new drill · horizontal · SM Energy Company · Howard County · 9.7 km
Permit 0914730 · Apr 17, 2026
LUCILLE 12D #3HG
new drill · horizontal · Ovintiv USA Inc. · Howard County · 7 km
Permit 0914699 · Apr 14, 2026
LUCILLE 12C #2HK
new drill · horizontal · Ovintiv USA Inc. · Howard County · 7.1 km
Permit 0914698 · Apr 14, 2026
LUCILLE 12B #1HG
new drill · horizontal · Ovintiv USA Inc. · Howard County · 7.1 km
Permit 0914697 · Apr 9, 2026