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 264775District 04Field 029711002 tax incentive programmesCondensateGasSaveExport
Value, all time
$7.8 M
May 2011 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
181
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 Gas112013-05-01207414
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
CondensateDisposition29,387 bbl$2,306,642
GasProduction1,597,035 Mcf$5,485,401
Total$7,792,043

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 27.1920, -98.0406. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.19204, -98.04064 · 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
13,052 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 13,052 ft.

Completions filed
Sep 2017
1 of 1 wells

1 well

42-04732442213,052 ftSep 2017

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 (181)

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

181 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 2025178060.553.23$10,778
Apr 20250062.363.54$0
Mar 202501,01567.704.27$4,332
Feb 20251883,65470.884.34$29,187
Jan 202522,72574.324.28$11,808
Dec 202406,21368.993.12$19,393
Nov 20240069.052.20$0
Oct 202406,22271.372.28$14,195
Sep 20243534,74669.612.36$35,794
Aug 202412,42775.632.06$5,084
Jul 202411,55179.932.15$3,409
Jun 2024096078.082.63$2,529
May 202401,44578.812.20$3,177
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 2024028376.091.78$505
Jan 202403,54173.023.30$11,677
Dec 20230071.262.61$0
Nov 202304,09777.892.81$11,503
Oct 202303,65585.443.09$11,284
Sep 2023392,37989.042.74$9,979
Aug 202313,01180.522.67$8,129
Jul 202302,93674.852.64$7,756
Jun 202302,51568.962.26$5,680
May 202312,76470.622.23$6,227
Apr 202302,36678.122.24$5,295
Mar 20231292,54672.852.39$15,491
Feb 202302,65175.112.47$6,537
Jan 202302,88876.533.39$9,784
Dec 202202,65276.415.73$15,194
Nov 2022602,53885.005.65$19,430
Oct 20221372,63387.185.86$27,383
Sep 202202,56684.888.16$20,948
Aug 20221762,68994.529.13$41,178
Jul 202202,251101.587.54$16,977
Jun 20221232,825115.097.98$36,692
May 2022813,039109.378.43$34,487
Apr 2022632,791104.226.84$25,650
Mar 20221142,981108.885.08$27,545
Feb 20221092,57291.054.86$22,421
Jan 2022772,57381.844.54$17,977
Dec 20211223,05771.323.90$20,621
Nov 2021982,47577.435.24$20,549
Oct 2021952,66879.795.71$22,825
Sep 2021861,91769.865.35$16,266
Aug 2021792,42766.024.22$15,459
Jul 20211082,94570.783.98$19,371
Jun 2021722,88569.493.38$14,756
May 20211153,36463.483.02$17,452
Apr 2021813,15360.362.76$13,586
Mar 2021963,10461.302.72$14,318
Feb 2021843,12557.805.55$22,193
Jan 20211283,40250.412.81$16,013
Dec 2020953,51444.642.68$13,642
Nov 20201823,65538.772.71$16,949
Oct 2020883,41936.972.48$11,727
Sep 2020703,12537.091.99$8,818
Aug 2020973,25839.982.39$11,649
Jul 20201023,43238.371.83$10,178
Jun 20202433,41934.901.69$14,260
May 202003,71816.921.81$6,747
Apr 202004,09614.751.80$7,391
Mar 20201274,32530.341.86$11,881
Feb 2020824,00849.881.98$12,029
Jan 20201374,20457.252.09$16,650
Dec 2019774,21359.012.30$14,252
Nov 20192463,93355.302.75$24,422
Oct 201904,80753.472.42$11,626
Sep 2019794,85755.052.66$17,255
Aug 201905,02553.112.30$11,579
Jul 2019835,46456.272.46$18,112
Jun 2019994,66352.782.49$16,842
May 20191275,46158.482.74$22,392
Apr 20191205,57062.632.75$22,837
Mar 20191435,76356.803.06$25,769
Feb 20191215,86750.852.79$22,535
Jan 20191205,16546.033.23$22,197
Dec 20181165,23946.594.19$27,332
Nov 20181354,20852.934.24$24,976
Oct 20182635,06461.443.40$33,367
Sep 201805,50459.543.11$17,106
Aug 20181906,20759.403.07$30,320
Jul 20181886,03565.142.93$29,940
Jun 20181916,39360.183.08$31,165
May 201807,19865.382.90$20,880
Apr 20181956,70863.842.90$31,907
Mar 20181817,35161.222.79$31,567
Feb 20181976,87461.782.77$31,185
Jan 201807,97562.874.01$31,974
Dec 201737610,24157.272.92$51,453
Nov 201719110,31055.423.12$42,736
Oct 2017011,11649.292.98$33,167
Sep 20171929,50447.523.09$38,465
Aug 201719111,23045.373.00$42,405
Jul 2017012,59643.873.09$38,887
Jun 201717612,84342.493.09$47,128
May 201719614,55245.373.26$56,382
Apr 201738519,44647.933.21$80,906
Mar 201757426,04346.772.98$104,550
Feb 201707,28550.452.95$21,510
Jan 201719810,12249.413.42$44,388
Dec 201619011,26848.763.72$51,213
Nov 201638911,30942.492.64$46,434
Oct 201656315,20946.193.09$73,005
Sep 201656816,75041.553.10$75,536
Aug 201619622,05841.442.92$72,627
Jul 2016054141.622.92$1,582
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 201606126.472.06$126
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 201572056.152.88$4,043
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20143078.303.90$235
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
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 201366097.423.78$6,430
Sep 201304,895104.113.72$18,198
Aug 201346619,220104.253.52$116,285
Jul 201323819,337102.523.72$96,290
Jun 201345019,74994.403.93$120,161
May 201325020,65994.834.15$109,423
Apr 201347820,54493.964.28$132,894
Mar 201327321,93393.623.91$111,379
Feb 201348420,34391.233.42$113,727
Jan 201347723,18591.603.42$122,984
Dec 201236223,81286.773.42$112,852
Nov 201246924,01486.953.62$127,829
Oct 201229325,86789.383.40$114,128
Sep 201255425,65394.672.92$127,313
Aug 201246227,26592.662.91$122,100
Jul 201247228,78685.133.02$127,138
Jun 201258329,57779.822.52$121,041
May 201246233,02291.612.49$124,493
Apr 201260333,974101.652.00$129,134
Mar 201259837,783105.052.22$146,777
Feb 201256437,887101.102.57$154,399
Jan 201255342,63598.092.73$170,811
Dec 20111,07249,52496.873.24$264,290
Nov 20111,33656,06995.723.31$313,542
Oct 20111,15758,90284.983.65$313,228
Sep 201156850,71783.623.99$249,644
Aug 20111,49798,93983.404.15$535,379
Jul 20112,474133,12994.144.52$834,278
Jun 201157545,37992.904.64$263,971
May 2011018,81398.134.40$82,868

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.

May 2025 — as filed, then multipliedworked
Condensate           178 bbl  × $ 60.55 =    $10,778
Gas                    0 Mcf  × $  3.23 =         $0

────────────────────────────────────────────────────
Month total                                  $10,778

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/264775 is the state's own key, not one this site invented.