SULLIVAN DEEP

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 262504District 04Field 029711002 tax incentive programmesCondensateGasSaveExport
Value, all time
$17.2 M
Aug 2011 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
178
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 Gas112012-08-07204572
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
CondensateDisposition136,495 bbl$11,966,243
GasProduction1,575,309 Mcf$5,215,347
Total$17,181,589

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 27.2007, -98.0195. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.20074, -98.01950 · 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
13,848 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 13,848 ft.

Completions filed
May 2018
1 of 1 wells

1 well

42-04732449F 213,848 ftMay 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 (178)

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

178 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 202469078.082.63$5,388
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 202401,08073.023.30$3,561
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 202311,27880.522.67$3,496
Jul 2023099174.852.64$2,618
Jun 2023052768.962.26$1,190
May 2023852,53770.622.23$11,654
Apr 202312,20378.122.24$5,008
Mar 202312,46172.852.39$5,962
Feb 202312,37775.112.47$5,936
Jan 2023732,52376.533.39$14,134
Dec 202202,35076.415.73$13,463
Nov 2022282,25785.005.65$15,123
Oct 202212,18987.185.86$12,923
Sep 202202,19984.888.16$17,952
Aug 202212,54694.529.13$23,332
Jul 202202,470101.587.54$18,629
Jun 202222,369115.097.98$19,128
May 2022562,304109.378.43$25,554
Apr 202211,686104.226.84$11,632
Mar 2022441,157108.885.08$10,664
Feb 202201,64691.054.86$7,998
Jan 2022402,15181.844.54$13,034
Dec 202102,21071.323.90$8,617
Nov 2021532,38177.435.24$16,573
Oct 202102,29179.795.71$13,090
Sep 202102,44969.865.35$13,104
Aug 202102,41166.024.22$10,176
Jul 2021632,59370.783.98$14,785
Jun 202102,20869.493.38$7,464
May 202102,55363.483.02$7,704
Apr 20211602,53760.362.76$16,656
Mar 2021772,58961.302.72$11,754
Feb 202102,29657.805.55$12,738
Jan 202102,55450.412.81$7,177
Dec 2020592,55944.642.68$9,480
Nov 2020532,76538.772.71$9,538
Oct 202002,57236.972.48$6,375
Sep 2020722,54437.091.99$7,736
Aug 2020193,03539.982.39$7,998
Jul 2020532,93438.371.83$7,389
Jun 20201072,73834.901.69$8,362
May 202002,92816.921.81$5,314
Apr 202002,87414.751.80$5,186
Mar 2020322,80130.341.86$6,170
Feb 2020602,68149.881.98$8,303
Jan 2020272,67757.252.09$7,153
Dec 2019862,64059.012.30$11,158
Nov 2019292,76555.302.75$9,209
Oct 2019802,72953.472.42$10,878
Sep 2019352,64055.052.66$8,942
Aug 2019632,83953.112.30$9,888
Jul 2019701,35456.272.46$7,270
Jun 2019702,42052.782.49$9,723
May 2019682,96558.482.74$12,102
Apr 20191033,22162.632.75$15,311
Mar 20191033,20456.803.06$15,661
Feb 20192413,47050.852.79$21,944
Jan 20191563,48846.033.23$18,441
Dec 20181073,93046.594.19$21,434
Nov 20182592,14352.934.24$22,789
Oct 20184832,15561.443.40$36,998
Sep 20181843,00859.543.11$20,304
Aug 20182573,57859.403.07$26,238
Jul 20186293,14565.142.93$50,194
Jun 20185674,09560.183.08$46,722
May 20185665,38665.382.90$52,629
Apr 201801,37963.842.90$4,000
Mar 201861,63861.222.79$4,932
Feb 20181771,60961.782.77$15,386
Jan 201801,20762.874.01$4,839
Dec 2017079557.272.92$2,323
Nov 20171951,85355.423.12$16,585
Oct 201701,65949.292.98$4,950
Sep 201701,93047.523.09$5,958
Aug 201701,81445.373.00$5,450
Jul 20171922,25843.873.09$15,394
Jun 201702,43042.493.09$7,502
May 20171913,36145.373.26$19,634
Apr 201702,13047.933.21$6,841
Mar 20171923,49546.772.98$19,408
Feb 20171893,10250.452.95$18,694
Jan 201702,53449.413.42$8,663
Dec 20161912,99348.763.72$20,456
Nov 201603,39342.492.64$8,972
Oct 20161844,67946.193.09$22,958
Sep 20161906,18841.553.10$27,081
Aug 20163757,34041.442.92$37,005
Jul 20161947,97141.622.92$31,384
Jun 20161877,16245.352.69$27,716
May 20161914,94742.521.99$17,971
Apr 201601,87136.561.99$3,725
Mar 2016021833.011.79$391
Feb 2016013526.472.06$279
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 201501343.552.43$32
Sep 20150042.992.76$0
Aug 201502740.162.87$78
Jul 20150048.152.95$0
Jun 20151,716056.152.88$96,353
May 201536718,16555.212.96$73,948
Apr 2015025,79849.822.71$69,824
Mar 20151,52633,03642.892.93$162,401
Feb 20151,15833,46044.662.98$151,300
Jan 201595120,50543.433.10$104,880
Dec 20141,32930,51054.693.59$182,255
Nov 20141,34331,50570.464.25$228,582
Oct 20141,74334,54278.303.90$271,224
Sep 20141,95795386.164.05$172,470
Aug 20142,11542,04789.394.04$358,725
Jul 20142,78146,33296.564.18$462,183
Jun 201469021,50098.164.74$169,573
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 2013470104.113.72$4,893
Aug 201300104.253.52$0
Jul 20139797,134102.523.72$126,889
Jun 20131,91516,35494.403.93$245,103
May 20131,91218,34394.834.15$257,422
Apr 20131,88317,83493.964.28$253,302
Mar 20132,17820,35893.623.91$283,563
Feb 20132,47918,74291.233.42$290,255
Jan 20132,74522,65691.603.42$328,923
Dec 20122,67423,89986.773.42$313,761
Nov 20122,77726,53386.953.62$337,641
Oct 20123,14227,81689.383.40$375,397
Sep 20123,13430,52594.672.92$385,780
Aug 20123,65233,09092.662.91$434,625
Jul 20123,61634,33085.133.02$411,534
Jun 20124,87638,18679.822.52$485,394
May 20124,64145,54691.612.49$538,495
Apr 20125,36747,802101.652.00$641,007
Mar 20126,44455,229105.052.22$799,665
Feb 20126,68359,543101.102.57$828,691
Jan 20127,86969,99598.092.73$963,242
Dec 20118,51579,45596.873.24$1,082,262
Nov 201110,36488,65195.723.31$1,285,590
Oct 20117,17661,61784.983.65$834,629
Sep 201114,405139,92583.623.99$1,762,259
Aug 20111,2978,60683.404.15$143,879

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.

Jun 2024 — as filed, then multipliedworked
Condensate            69 bbl  × $ 78.08 =     $5,388
Gas                    0 Mcf  × $  2.63 =         $0

────────────────────────────────────────────────────
Month total                                   $5,388

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/262504 is the state's own key, not one this site invented.