SULLIVAN

Operated by PALEO OIL COMPANY LLC (P-5 635131) in the ANN MAG (VICKSBURG CONS.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 241561District 04Field 029711002 tax incentive programmesCondensateGasSaveExport
Value, all time
$7.5 M
May 2008 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
217
no gaps in the span
Streams
2
condensate, 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 46 leases and 46 wells, and the rule below applies to all of them.

Discovered
2008-04-24
as the register files it
Field class
Gas
the register's own label
Between wells
660 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2008-04-24.

The Commission's schedule remark for this field reads: SUSPENDED.

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas112008-11-07186842
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
CondensateDisposition18,147 bbl$1,427,486
GasProduction1,380,136 Mcf$6,057,980
Total$7,485,467

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 27.2107, -98.0342. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.21065, -98.03418 · 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 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
10,700 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
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.
1100.0%

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 10,700 ft.

Completions filed
Jun 2016
1 of 1 wells

1 well

42-04732332H 310,700 ftJun 2016

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 (217)

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

217 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 202401,30873.023.30$4,313
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 202313089.042.74$1,158
Aug 20230080.522.67$0
Jul 2023011874.852.64$312
Jun 202306468.962.26$145
May 202306070.622.23$134
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 202205084.888.16$408
Aug 202207194.529.13$648
Jul 2022050101.587.54$377
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210777.435.24$37
Oct 202104179.795.71$234
Sep 20210069.865.35$0
Aug 202102866.024.22$118
Jul 202103270.783.98$127
Jun 202106869.493.38$230
May 2021010663.483.02$320
Apr 202106560.362.76$179
Mar 202104061.302.72$109
Feb 202106857.805.55$377
Jan 202106250.412.81$174
Dec 202004544.642.68$120
Nov 2020011238.772.71$303
Oct 2020012636.972.48$312
Sep 2020012737.091.99$253
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200157.252.09$2
Dec 201906459.012.30$147
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 2019016055.052.66$425
Aug 201906953.112.30$159
Jul 201906556.272.46$160
Jun 20190052.782.49$0
May 2019010158.482.74$277
Apr 20196074862.632.75$5,815
Mar 2019046256.803.06$1,415
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 2018025952.934.24$1,097
Oct 201809561.443.40$323
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 201815580665.142.93$12,460
Jun 2018094460.183.08$2,905
May 2018069765.382.90$2,022
Apr 20180063.842.90$0
Mar 2018570961.222.79$2,282
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 2017019057.272.92$555
Nov 20170055.423.12$0
Oct 201701,08549.292.98$3,237
Sep 201701,06447.523.09$3,285
Aug 201701,96945.373.00$5,916
Jul 20171931,22943.873.09$12,261
Jun 201701,16942.493.09$3,609
May 201702,70345.373.26$8,821
Apr 20171951,64247.933.21$14,620
Mar 201702,82846.772.98$8,438
Feb 201702,62650.452.95$7,754
Jan 201703,39349.413.42$11,600
Dec 201602,37748.763.72$8,849
Nov 201602,80942.492.64$7,428
Oct 201603,56846.193.09$11,026
Sep 201603,43741.553.10$10,657
Aug 201603,33441.442.92$9,750
Jul 201603,44541.622.92$10,074
Jun 201602,76345.352.69$7,421
May 201603,26442.521.99$6,499
Apr 201602,46836.561.99$4,914
Mar 201619275233.011.79$7,687
Feb 20161661,62926.472.06$7,756
Jan 2016012827.352.36$303
Dec 201501,40732.362.00$2,816
Nov 201502,27338.792.17$4,926
Oct 201502,70943.552.43$6,574
Sep 201501,68642.992.76$4,651
Aug 2015033140.162.87$951
Jul 201507,13548.152.95$21,013
Jun 2015014,05556.152.88$40,519
May 20151714,74255.212.96$44,508
Apr 2015011,71149.822.71$31,697
Mar 201503,29342.892.93$9,664
Feb 201503,09344.662.98$9,205
Jan 201502,72143.433.10$8,437
Dec 20141952,85554.693.59$20,918
Nov 201402,49770.464.25$10,617
Oct 201413,79378.303.90$14,875
Sep 201403,26686.164.05$13,212
Aug 201403,04389.394.04$12,279
Jul 20141911,08496.564.18$22,974
Jun 201404,39498.164.74$20,814
May 201404,07094.734.73$19,237
Apr 2014012895.944.81$616
Mar 201405,70895.895.06$28,864
Feb 20141954,08997.406.19$44,312
Jan 201424,41690.404.86$21,646
Dec 201303,79491.824.35$16,521
Nov 2013543,97088.853.74$19,639
Oct 201308,07897.423.78$30,530
Sep 20131577,919104.113.72$45,786
Aug 201329,700104.253.52$34,378
Jul 201319410,597102.523.72$59,286
Jun 2013412,96194.403.93$51,359
May 2013012,57994.834.15$52,191
Apr 201317411,74293.964.28$66,635
Mar 201319413,17493.623.91$69,710
Feb 2013011,81791.233.42$40,413
Jan 201319114,38291.603.42$66,681
Dec 201218911,92186.773.42$57,171
Nov 2012014,06786.953.62$50,992
Oct 201219314,32889.383.40$65,961
Sep 2012013,82294.672.92$40,338
Aug 2012013,80092.662.91$40,133
Jul 201219214,65185.133.02$60,603
Jun 201216413,86479.822.52$48,014
May 2012015,61191.612.49$38,845
Apr 2012014,533101.652.00$29,019
Mar 201218314,962105.052.22$52,471
Feb 2012013,362101.102.57$34,344
Jan 201218416,01398.092.73$61,829
Dec 2011015,17296.873.24$49,153
Nov 201118815,82795.723.31$70,403
Oct 201117816,03184.983.65$73,616
Sep 2011016,01383.623.99$63,825
Aug 201117616,63783.404.15$83,711
Jul 20114918,43194.144.52$87,870
Jun 201121616,26492.904.64$95,529
May 201119314,51298.134.40$82,862
Apr 2011018,104105.964.33$78,450
Mar 201119715,45096.364.06$81,669
Feb 20111989,57385.644.18$56,972
Jan 20111968,52186.504.59$56,055
Dec 201019316,78385.734.35$89,514
Nov 2010116,65580.843.80$63,292
Oct 201040618,12978.103.51$95,321
Sep 201013519,85772.633.98$88,825
Aug 201019122,41373.684.42$113,124
Jul 201019223,67172.554.74$126,047
Jun 201038523,61470.364.91$143,043
May 2010220,20871.124.24$85,728
Apr 201020517,15281.694.12$87,459
Mar 201020823,26278.394.39$118,394
Feb 201021221,23473.585.44$131,162
Jan 201023022,62674.365.96$152,046
Dec 200919623,10471.445.48$140,699
Nov 200919422,51674.593.75$98,939
Oct 200922924,12072.544.11$115,751
Sep 200938325,19965.543.06$102,330
Aug 200938126,25667.423.22$110,192
Jul 200920725,68461.133.46$101,636
Jun 200938527,00166.163.90$130,641
May 200919229,57954.743.93$126,630
Apr 200938328,64546.773.59$120,677
Mar 200958430,57542.144.06$148,714
Feb 200939125,49532.814.63$130,947
Jan 20091,76280,52535.865.37$495,685
Dec 200897746,76337.105.98$315,756
Nov 200804,80255.496.86$32,943
Oct 20083908,44775.246.92$87,814
Sep 20084028,830101.767.88$110,462
Aug 200859211,870114.228.48$168,312
Jul 200878714,151131.0811.39$264,332
Jun 20082,10633,159131.3313.03$708,730
May 200803,430123.1711.57$39,700

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.

Jan 2024 — as filed, then multipliedworked
Condensate             0 bbl  × $ 73.02 =         $0
Gas                1,308 Mcf  × $  3.30 =     $4,313

────────────────────────────────────────────────────
Month total                                   $4,313

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. 04/G/241561 is the state's own key, not one this site invented.