SULLIVAN

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

Gas lease lease 260339District 04Field 315914002 tax incentive programmesCondensateGasSaveExport
Value, all time
$6.2 M
Jan 2011 – May 2026
Value, last 12 filed months
$4 k
at the published price for each month
Months reported
185
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 22 leases and 22 wells, and the rule below applies to all of them.

Discovered
2008-08-12
as the register files it
Field class
Gas
the register's own label
Between wells
933 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2008-08-12.

The Commission's schedule remark for this field reads: PLATS REQUIRED. ALLOCATION FORMULA 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 Gas112011-08-15201986
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
CondensateDisposition34,232 bbl$2,873,696
GasProduction896,440 Mcf$3,350,322
Total$6,224,018

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 27.2437, -98.0405. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.24371, -98.04054 · 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
11,044 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 11,044 ft.

Completions filed
Apr 2018
1 of 1 wells

1 well

42-0473243920ST11,044 ftApr 2018

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 (185)

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

185 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 2025041059.383.30$1,355
Sep 202506362.743.08$194
Aug 20250063.933.01$0
Jul 2025061166.743.32$2,026
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 202503967.704.27$166
Feb 2025173070.884.34$12,262
Jan 202515674.324.28$314
Dec 20240068.993.12$0
Nov 2024063069.052.20$1,385
Oct 202405871.372.28$132
Sep 202401,19069.612.36$2,814
Aug 2024016675.632.06$343
Jul 2024180079.932.15$14,387
Jun 2024015978.082.63$419
May 2024024778.812.20$543
Apr 2024014984.451.66$247
Mar 202404880.301.55$74
Feb 2024014076.091.78$250
Jan 2024019773.023.30$650
Dec 202301,73871.262.61$4,537
Nov 202325,55977.892.81$15,763
Oct 202325,73585.443.09$17,876
Sep 2023221,82589.042.74$6,950
Aug 2023602,27580.522.67$10,912
Jul 202302,31474.852.64$6,113
Jun 2023621,99668.962.26$8,783
May 202312,26270.622.23$5,109
Apr 2023692,08078.122.24$10,045
Mar 202312,18572.852.39$5,302
Feb 2023522,03475.112.47$8,921
Jan 202302,26576.533.39$7,673
Dec 20221232,10476.415.73$21,452
Nov 202201,98585.005.65$11,208
Oct 202212,17287.185.86$12,823
Sep 202202,35384.888.16$19,209
Aug 2022542,31594.529.13$26,233
Jul 202202,622101.587.54$19,775
Jun 2022692,569115.097.98$28,435
May 202212,689109.378.43$22,786
Apr 2022822,341104.226.84$24,553
Mar 202202,537108.885.08$12,879
Feb 2022832,28491.054.86$18,655
Jan 202202,32581.844.54$10,550
Dec 2021772,39671.323.90$14,834
Nov 202102,38377.435.24$12,479
Oct 2021742,57779.795.71$20,629
Sep 202152,21869.865.35$12,218
Aug 2021942,35466.024.22$16,141
Jul 202102,39470.783.98$9,533
Jun 2021492,47269.493.38$11,762
May 202102,75463.483.02$8,311
Apr 20211272,43560.362.76$14,382
Mar 202102,36261.302.72$6,417
Feb 202102,30457.805.55$12,782
Jan 2021832,61050.412.81$11,519
Dec 2020502,51344.642.68$8,955
Nov 2020482,50838.772.71$8,649
Oct 2020692,58636.972.48$8,960
Sep 202002,37537.091.99$4,729
Aug 2020792,43439.982.39$8,964
Jul 2020452,53638.371.83$6,355
Jun 20201302,55634.901.69$8,857
May 202002,67316.921.81$4,851
Apr 2020372,61414.751.80$5,262
Mar 2020742,57330.341.86$7,021
Feb 2020412,35249.881.98$6,704
Jan 2020602,49057.252.09$8,651
Dec 2019842,61259.012.30$10,976
Nov 2019602,56755.302.75$10,379
Oct 2019672,92053.472.42$10,645
Sep 20191132,56055.052.66$13,023
Aug 2019462,84853.112.30$9,006
Jul 2019782,44856.272.46$10,411
Jun 20191122,92852.782.49$13,206
May 2019613,08858.482.74$12,029
Apr 20191952,47562.632.75$19,021
Mar 2019862,19856.803.06$11,615
Feb 20191465,06750.852.79$21,572
Jan 2019905,72646.033.23$22,627
Dec 20182455,62846.594.19$34,970
Nov 201805,33552.934.24$22,606
Oct 20182995,73561.443.40$37,859
Sep 201805,53959.543.11$17,215
Aug 20181957,03459.403.07$33,153
Jul 20181937,58065.142.93$34,796
Jun 20181938,10460.183.08$36,550
May 201818810,52165.382.90$42,811
Apr 201838710,74263.842.90$55,866
Mar 201819610,12661.222.79$40,219
Feb 201819311,20761.782.77$42,923
Jan 201838317,49362.874.01$94,214
Dec 201795719,05257.272.92$110,468
Nov 201738728,35355.423.12$109,862
Oct 201757310,35049.292.98$59,124
Sep 20171,15517,32647.523.09$108,376
Aug 201719313,86345.373.00$50,406
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 2017017445.373.26$568
Apr 2017058347.933.21$1,872
Mar 201718168546.772.98$10,509
Feb 2017050950.452.95$1,503
Jan 2017065849.413.42$2,250
Dec 2016018648.763.72$692
Nov 2016023442.492.64$619
Oct 2016040446.193.09$1,248
Sep 2016067841.553.10$2,102
Aug 20160041.442.92$0
Jul 2016044241.622.92$1,293
Jun 201618878045.352.69$10,621
May 2016088042.521.99$1,752
Apr 2016062136.561.99$1,236
Mar 2016054833.011.79$983
Feb 20162257326.472.06$1,765
Jan 2016027927.352.36$660
Dec 2015045632.362.00$913
Nov 2015052238.792.17$1,131
Oct 2015058743.552.43$1,424
Sep 2015067642.992.76$1,865
Aug 2015045240.162.87$1,298
Jul 2015063348.152.95$1,864
Jun 201523255756.152.88$14,633
May 20150055.212.96$0
Apr 2015052149.822.71$1,410
Mar 2015042742.892.93$1,253
Feb 2015035144.662.98$1,045
Jan 2015021943.433.10$679
Dec 201419886454.693.59$13,932
Nov 2014086770.464.25$3,686
Oct 20142287478.303.90$5,132
Sep 201401,09486.164.05$4,426
Aug 2014094189.394.04$3,797
Jul 2014014396.564.18$598
Jun 2014093398.164.74$4,420
May 20141931,91294.734.73$27,320
Apr 201406595.944.81$313
Mar 201401,83495.895.06$9,274
Feb 201401,59597.406.19$9,876
Jan 2014031990.404.86$1,551
Dec 20130091.824.35$0
Nov 2013045588.853.74$1,701
Oct 20139491697.423.78$12,619
Sep 20130993104.113.72$3,692
Aug 2013191,098104.253.52$5,849
Jul 2013116789102.523.72$14,826
Jun 2013098494.403.93$3,870
May 201381,12894.834.15$5,439
Apr 2013151,19393.964.28$6,519
Mar 20132081,18893.623.91$24,121
Feb 20131096791.233.42$4,219
Jan 20132011,31991.603.42$22,922
Dec 2012171,63486.773.42$7,064
Nov 2012101,51386.953.62$6,354
Oct 201201,14189.383.40$3,879
Sep 2012111,43494.672.92$5,226
Aug 20122201,87492.662.91$25,835
Jul 201282,73285.133.02$8,934
Jun 201202,15479.822.52$5,426
May 201201891.612.49$45
Apr 2012172101.652.00$245
Mar 20122223,631105.052.22$31,389
Feb 201233913,200101.102.57$68,200
Jan 201243615,87798.092.73$86,176
Dec 201164120,13996.873.24$127,339
Nov 201178824,91195.723.31$157,915
Oct 201165616,08884.983.65$114,445
Sep 201194229,47383.623.99$196,244
Aug 20111,15839,24583.404.15$259,417
Jul 20111,85037,35294.144.52$342,887
Jun 20112,38755,74092.904.64$480,379
May 20112,32545,83198.134.40$430,030
Apr 20112,60055,795105.964.33$517,271
Mar 20116,61099,00996.364.06$1,038,653
Feb 20112,19931,26285.644.18$318,997
Jan 2011504,58886.504.59$25,378

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.

Oct 2025 — as filed, then multipliedworked
Condensate             0 bbl  × $ 59.38 =         $0
Gas                  410 Mcf  × $  3.30 =     $1,355

────────────────────────────────────────────────────
Month total                                   $1,355

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/260339 is the state's own key, not one this site invented.