SUUTHLAND LIFE INSURANCE CO.

Name: SUUTHLAND LIFE INSURANCE CO. lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by MCGUFFIN, JOE JR. (P-5 549892) in the SOUTHLAND (5580) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 75667District 04Field 84756925NGPA filingGasSave Export

Value, all time

$66 k

Jan 1993 – Jun 2005

Value, last 12 filed months

$6 k

at the published price for each month

Months reported

150

no gaps in the span

Streams

gas

The SOUTHLAND (5580) field

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 2 leases and 2 wells, and the rule below applies to all of them.

Discovered

1976-09-25

as the register files it

Field class

Gas

the register's own label

Between wells

1,200 ft

minimum

From a lease line

467 ft

minimum

A drilling unit in this field needs at least 40 acres.

The Commission's schedule remark for this field reads: “FIELD RULES EFFECTIVE 4/1/79 PER SPEC ORDER 71405”

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.

Programme	Filings	With an approval date	Dated	Docket
NGPA	1	none	—	—

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.

Stream	Basis	Volume	Value
Gas	Production	24,011 Mcf	$66,245
Total			$66,245

7,798 Mcf of this lease's gas, across 48 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

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 27.5323, -98.4534. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.53226, -98.45341 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

100.0%

1 of 1 wells

With a plug date

100.0%

1 of 1 wells

Median depth

6,014 ft

1 wells filed one

Completion to plug

27.3 years

median over 1 well

What the state filed about each well

On the RRC proration schedule

1100.0%

A plug date is filed

1100.0%

BothOn the schedule and plugged. Neither fact cancels the other.

1100.0%

NeitherNo plug date, and not on the schedule.

00.0%

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 6,014 ft.

Completions filed

Feb 1978

1 of 1 wells

Plug dates filed

Jun 2005

1 of 1 wells

Last completion to plug: a median of 27.3 years across the 1 well that filed both dates, with the middle half between 27.3 years and 27.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-13132342	2	6,014 ft	Feb 1978	Jun 2005	Yes

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 (150)

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

150 months


Jun 2005	0	52.33	7.38	$0
May 2005	0	45.22	6.65	$0
Apr 2005	0	49.20	7.36	$0
Mar 2005	152	50.37	7.15	$1,088
Feb 2005	253	45.22	6.31	$1,597
Jan 2005	347	43.16	6.32	$2,194
Dec 2004	27	39.86	6.75	$182
Nov 2004	90	45.28	6.33	$570
Oct 2004	0	49.70	6.52	$0
Sep 2004	0	43.24	5.28	$0
Aug 2004	0	42.37	5.55	$0
Jul 2004	0	38.28	6.08	$0
Jun 2004	0	36.10	6.43	$0
May 2004	217	37.48	6.49	$1,409
Apr 2004	210	34.47	5.86	$1,230
Mar 2004	180	34.36	5.53	$995
Feb 2004	155	32.45	5.51	$854
Jan 2004	240	32.03	6.30	$1,512
Dec 2003	264	30.26	6.30	$1,664
Nov 2003	260	28.80	4.60	$1,195
Oct 2003	262	28.17	4.76	$1,247
Sep 2003	248	26.31	4.75	$1,178
Aug 2003	285	29.76	5.13	$1,462
Jul 2003	304	29.41	5.17	$1,572
Jun 2003	298	28.56	5.98	$1,783
May 2003	316	26.59	5.97	$1,887
Apr 2003	312	26.67	5.41	$1,687
Mar 2003	308	31.14	6.10	$1,878
Feb 2003	314	33.48	7.93	$2,489
Jan 2003	370	30.31	5.58	$2,065
Dec 2002	356	26.91	4.85	$1,728
Nov 2002	310	24.66	4.14	$1,282
Oct 2002	320	26.46	4.23	$1,353
Sep 2002	308	27.44	3.64	$1,120
Aug 2002	318	25.96	3.16	$1,006
Jul 2002	270	24.58	3.06	$827
Jun 2002	198	23.73	3.34	$661
May 2002	190	24.66	3.58	$681
Apr 2002	182	23.65	3.51	$639
Mar 2002	170	22.00	3.10	$527
Feb 2002	152	18.22	2.38	$361
Jan 2002	164	17.17	2.38	$390
Dec 2001	170	16.93	2.36	$402
Nov 2001	178	18.07	2.41	$428
Oct 2001	185	19.78	2.53	$468
Sep 2001	130	24.26	2.25	$293
Aug 2001	120	24.87	3.05	$366
Jul 2001	110	23.93	3.20	$352
Jun 2001	104	24.56	3.82	$398
May 2001	112	25.52	4.31	$482
Apr 2001	108	24.68	5.34	$576
Mar 2001	124	24.54	5.38	$667
Feb 2001	104	27.75	5.77	$600
Jan 2001	110	27.47	8.40	$924
Dec 2000	108	26.88	9.12	$985
Nov 2000	112	32.21	5.66	$634
Oct 2000	122	31.23	5.15	$628
Sep 2000	120	31.87	5.19	$622
Aug 2000	130	29.64	4.54	$590
Jul 2000	135	28.53	4.09	$552
Jun 2000	150	29.30	4.40	$660
May 2000	154	27.26	3.68	$567
Apr 2000	140	24.51	3.12	$436
Mar 2000	104	28.42	2.86	$297
Feb 2000	78	27.62	2.73	$213
Jan 2000	114	25.27	2.48	$283
Dec 1999	120	24.28	2.42	$291
Nov 1999	118	23.19	2.43	$287
Oct 1999	128	20.98	2.80	$359
Sep 1999	140	21.75	2.62	$367
Aug 1999	132	19.26	2.88	$380
Jul 1999	140	17.89	2.37	$332
Jun 1999	128	15.94	2.36	$302
May 1999	124	15.79	2.32	$288
Apr 1999	142	15.10	2.21	$314
Mar 1999	124	12.47	1.84	$228
Feb 1999	105	9.98	1.82	$191
Jan 1999	124	10.38	1.90	$236
Dec 1998	104	9.20	1.77	$184
Nov 1998	109	10.89	2.19	$238
Oct 1998	122	12.42	1.97	$240
Sep 1998	105	12.59	2.08	$219
Aug 1998	128	11.30	1.91	$244
Jul 1998	126	11.74	2.24	$282
Jun 1998	108	11.24	2.24	$242
May 1998	146	12.62	2.21	$322
Apr 1998	140	13.04	2.51	$351
Mar 1998	147	12.80	2.31	$339
Feb 1998	134	13.95	2.30	$308
Jan 1998	146	14.70	2.15	$315
Dec 1997	144	16.32	2.41	$347
Nov 1997	168	18.19	3.09	$519
Oct 1997	164	19.25	3.15	$517
Sep 1997	160	17.74	2.95	$473
Aug 1997	188	17.86	2.55	$480
Jul 1997	155	17.58	2.25	$348
Jun 1997	148	17.24	2.26	$334
May 1997	132	18.97	2.31	$305
Apr 1997	152	17.88	2.08	$317
Mar 1997	135	18.95	1.94	$262
Feb 1997	114	20.49	2.21	$251
Jan 1997	141	23.48	3.54	$499
Dec 1996	181	23.32	—	$0
Nov 1996	206	21.97	—	$0
Oct 1996	124	23.31	—	$0
Sep 1996	110	22.22	—	$0
Aug 1996	102	20.26	—	$0
Jul 1996	68	19.55	—	$0
Jun 1996	48	18.73	—	$0
May 1996	40	19.43	—	$0
Apr 1996	31	21.51	—	$0
Mar 1996	42	19.38	—	$0
Feb 1996	44	16.98	—	$0
Jan 1996	58	17.07	—	$0
Dec 1995	64	17.19	—	$0
Nov 1995	54	16.00	—	$0
Oct 1995	45	15.43	—	$0
Sep 1995	2	16.18	—	$0
Aug 1995	15	15.92	—	$0
Jul 1995	30	15.24	—	$0
Jun 1995	310	16.41	—	$0
May 1995	345	17.56	—	$0
Apr 1995	356	17.73	—	$0
Mar 1995	164	16.44	—	$0
Feb 1995	219	16.58	—	$0
Jan 1995	233	15.92	—	$0
Dec 1994	227	15.03	—	$0
Nov 1994	191	15.90	—	$0
Oct 1994	139	15.58	—	$0
Sep 1994	184	15.29	—	$0
Aug 1994	198	16.13	—	$0
Jul 1994	140	17.56	—	$0
Jun 1994	129	17.09	—	$0
May 1994	152	15.88	—	$0
Apr 1994	174	14.14	—	$0
Mar 1994	156	12.46	—	$0
Feb 1994	123	12.50	—	$0
Jan 1994	155	12.66	—	$0
Dec 1993	160	12.33	—	$0
Nov 1993	183	14.49	—	$0
Oct 1993	238	15.85	—	$0
Sep 1993	205	15.03	—	$0
Aug 1993	230	15.66	—	$0
Jul 1993	214	15.46	—	$0
Jun 1993	164	16.79	—	$0
May 1993	228	17.68	—	$0
Apr 1993	297	18.05	—	$0
Mar 1993	359	18.14	—	$0
Feb 1993	287	17.90	—	$0
Jan 1993	374	16.93	—	$0

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.

Mar 2005 — as filed, then multipliedworked

Gas                  152 Mcf  × $  7.15 =     $1,088

────────────────────────────────────────────────────
Month total                                   $1,088

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/75667 is the state's own key, not one this site invented.