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SUGARLOAF 74

Operated by PDC PERMIAN, INC. (P-5 646832) in the PHANTOM (WOLFCAMP) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 283490District 08Field 71052900Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$26.0 M
May 2016 – May 2026
Value, last 12 filed months
$18 k
at the published price for each month
Months reported
121
no gaps in the span
Streams
2
condensate, gas

The PHANTOM (WOLFCAMP) 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 7,755 leases and 10,539 wells, and the rule below applies to all of them.

Discovered
1983-06-23
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 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 2017-08-01.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: “FOR THE FOLLOWING API 389-37515.”

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 Gas112018-04-25221339
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
CondensateDisposition416,161 bbl$22,128,870
GasProduction1,230,756 Mcf$3,910,874
Total$26,039,743

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 31.4195, -103.5615. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.41948, -103.56148 · 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
10,289 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 10,289 ft.

Completions filed
May 2016
1 of 1 wells

1 well

42-389351201H10,289 ftMay 2016——

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 (121)

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

121 months

May 202600106.413.05$0
Apr 2026176098.932.87$17,412
Mar 20260089.753.15$0
Feb 20261063.503.75$64
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20257058.593.93$410
Oct 202510059.383.30$594
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 20250962.363.54$32
Mar 2025190567.704.27$12,884
Feb 20259565,94570.884.34$93,568
Jan 20255583,68974.324.28$57,255
Dec 20241741,84668.993.12$17,766
Nov 20247411,30669.052.20$54,037
Oct 2024886071.372.28$63,234
Sep 202466044369.612.36$46,990
Aug 202494664075.632.06$72,867
Jul 202456844979.932.15$46,364
Jun 202490060578.082.63$71,866
May 202474778578.812.20$60,597
Apr 202492676084.451.66$79,462
Mar 20241,0881,25280.301.55$89,301
Feb 20247521,59376.091.78$60,061
Jan 20241,3381,64373.023.30$103,119
Dec 20239501,75371.262.61$72,274
Nov 20231,1312,13177.892.81$94,077
Oct 20232,2454,58685.443.09$205,971
Sep 20233,0095,92689.042.74$284,129
Aug 20231,1234,06380.522.67$101,284
Jul 20230074.852.64$0
Jun 202338091268.962.26$28,265
May 20231,3004,01170.622.23$100,740
Apr 20231,3283,90578.122.24$112,482
Mar 20231,3134,16172.852.39$105,610
Feb 20231,1463,78875.112.47$95,416
Jan 20231,3283,91376.533.39$114,888
Dec 20221,7034,00176.415.73$153,048
Nov 20221,3083,71785.005.65$132,167
Oct 20221,0594,20487.185.86$116,975
Sep 20221,3734,19884.888.16$150,811
Aug 20221,3874,19494.529.13$169,379
Jul 20221,3644,836101.587.54$175,029
Jun 20221,5394,639115.097.98$214,130
May 20221,5634,419109.378.43$208,211
Apr 20221,6115,207104.226.84$203,502
Mar 20221,6295,171108.885.08$203,616
Feb 20221,2273,68891.054.86$129,638
Jan 20221,8514,47681.844.54$171,797
Dec 20211,4404,80371.323.90$121,428
Nov 20211,5663,84677.435.24$141,396
Oct 20211,4234,73779.795.71$140,608
Sep 20211,6304,65869.865.35$138,796
Aug 20212,2604,93966.024.22$170,051
Jul 20211,5375,01770.783.98$128,767
Jun 20211,7433,61069.493.38$133,325
May 20213,5007,35163.483.02$244,363
Apr 20211,3903,82860.362.76$94,460
Mar 20211,7274,97861.302.72$119,390
Feb 20211,7063,67357.805.55$118,984
Jan 20211,8964,85050.412.81$109,207
Dec 20202,2245,12144.642.68$112,980
Nov 20202,0586,09738.772.71$96,291
Oct 20202,0786,21636.972.48$92,230
Sep 20202,2086,73837.091.99$95,310
Aug 20202,2387,35539.982.39$107,018
Jul 20202,9568,22938.371.83$128,441
Jun 20202,4316,85534.901.69$96,429
May 20200016.921.81$0
Apr 20202,4387,37414.751.80$49,266
Mar 20202,6086,95330.341.86$92,033
Feb 20202,4196,83049.881.98$134,188
Jan 20202,4215,71857.252.09$150,580
Dec 20192,6025,88859.012.30$167,112
Nov 20192,7705,36855.302.75$167,947
Oct 20192,4224,80453.472.42$141,123
Sep 20192,7796,61855.052.66$170,570
Aug 20192,9786,71453.112.30$173,633
Jul 20192,6045,79656.272.46$160,786
Jun 20192,8415,23352.782.49$162,984
May 20192,7066,00058.482.74$174,689
Apr 20193,8928,29562.632.75$266,573
Mar 20199,16216,98656.803.06$572,414
Feb 20191333050.852.79$1,582
Jan 20192,3424,48946.033.23$122,294
Dec 20183,67714,70046.594.19$232,837
Nov 20184,63513,05452.934.24$300,643
Oct 20183,58214,40961.443.40$269,041
Sep 20184,30512,80959.543.11$296,130
Aug 20184,25116,01959.403.07$301,633
Jul 20184,66016,46865.142.93$351,835
Jun 20184,69216,96760.183.08$334,571
May 20185,66419,15365.382.90$425,871
Apr 20184,31518,03263.842.90$327,777
Mar 20185,48015,98961.222.79$380,044
Feb 20185,26715,64361.782.77$368,666
Jan 20185,83618,56462.874.01$441,338
Dec 20176,36017,51557.272.92$415,408
Nov 20175,71417,29855.423.12$370,611
Oct 20176,28720,37349.292.98$370,673
Sep 20176,54821,05047.523.09$376,148
Aug 20176,81223,62545.373.00$380,039
Jul 20177,53123,87343.873.09$404,088
Jun 20176,85424,31342.493.09$366,288
May 20178,32626,89345.373.26$465,513
Apr 20178,06526,13947.933.21$470,503
Mar 20179,10030,28146.772.98$515,956
Feb 20179,08529,95350.452.95$546,777
Jan 201711,30334,43249.413.42$676,197
Dec 201611,64335,85848.763.72$701,206
Nov 201612,30237,76142.492.64$622,565
Oct 201615,44848,15246.193.09$862,345
Sep 201618,32561,78741.553.10$952,982
Aug 201626,99281,96441.442.92$1,358,239
Jul 201628,41084,82541.622.92$1,430,481
Jun 201624,30969,15745.352.69$1,288,157
May 20168844,53442.521.99$46,615

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.

Apr 2026 — as filed, then multipliedworked
Condensate           176 bbl  × $ 98.93 =    $17,412
Gas                    0 Mcf  × $  2.87 =         $0

────────────────────────────────────────────────────
Month total                                  $17,412

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. 08/G/283490 is the state's own key, not one this site invented.