SUGAR CREEK OIL UNIT

Operated by TANA OIL AND GAS CORPORATION (P-5 835702) in the BROOKELAND (AUSTIN CHALK, 8800) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 13333District 06Field 12193500OilCasinghead gasSaveExport
Value, all time
$167 k
Jul 1994 – Feb 1996
Value, last 12 filed months
$14 k
at the published price for each month
Months reported
20
no gaps in the span
Streams
2
oil, casinghead 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 488 leases and 597 wells, and the rule below applies to all of them.

Discovered
1983-06-12
as the register files it
Field class
Oil and gas
the register's own label
Between wells
900 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 160 acres. The field rule took effect on 2009-10-22.

The Commission's schedule remark for this field reads: ACRES. DOCKET EFFECTIVE 10-22-09.

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
OilDisposition10,500 bbl$167,477
Casinghead gasProduction2,596 Mcf$0
Total$167,477

2,596 Mcf of this lease's gas, across 10 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.

Every month this lease reported (20)

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

20 months

Feb 19960016.98$0
Jan 19960017.07$0
Dec 19950017.19$0
Nov 19950016.00$0
Oct 19950015.43$0
Sep 19950016.18$0
Aug 199575015.92$1,194
Jul 19950015.24$0
Jun 1995158016.41$2,593
May 19951974017.56$3,459
Apr 19951964717.73$3,475
Mar 19951894816.44$3,107
Feb 19951966116.58$3,250
Jan 19953938315.92$6,257
Dec 19945649615.03$8,477
Nov 19941,38836715.90$22,069
Oct 19941,34035115.58$20,877
Sep 19941,12332415.29$17,171
Aug 19944,6501,17916.13$75,005
Jul 199431017.56$544

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.

Aug 1995 — as filed, then multipliedworked
Oil                   75 bbl  × $ 15.92 =     $1,194
Casinghead gas         0 Mcf  ×  no price            —

────────────────────────────────────────────────────
Month total                                   $1,194

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. 06/O/13333 is the state's own key, not one this site invented.