SUSIE

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

Operated by PHOENIX HYDROCARBONS OPERATING (P-5 664125) in the GOLDSMITH (5600) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 14461District 08Field 35652868Hydrogen sulphide fieldNGPA filingOilCasinghead gasSave Export

Value, all time

$239 k

Jan 1993 – Apr 2007

Value, last 12 filed months

$16 k

at the published price for each month

Months reported

172

no gaps in the span

Streams

oil, casinghead gas

The GOLDSMITH (5600) 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 157 leases and 1,575 wells, and the rule below applies to all of them.

Discovered

1947-10-26

as the register files it

Field class

Oil and gas

the register's own label

Between wells

850 ft

minimum

From a lease line

555 ft

minimum

A drilling unit in this field needs at least 20 acres.

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: “INTO THE GOLDSMITH (CLEAR FORK) FIELD.”

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
Oil	Disposition	7,400 bbl	$191,047
Casinghead gas	Production	15,755 Mcf	$47,657
Total			$238,704

5,145 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 (2)

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 32.0550, -102.7811. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

32.05501, -102.78115 · 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%

2 of 2 wells

With a plug date

0.0%

0 of 2 wells

Median depth

—

no depth filed

Completion to plug

—

no well filed both dates

What the state filed about each well

On the RRC proration schedule

2100.0%

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.

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.

Completions filed

Nov 1986

1 of 2 wells; 1 filed none

2 wells


42-13508264	3 L	—	—	—	Yes
42-13508263	2 L	—	Nov 1986	—	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 (172)

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

172 months


Apr 2007	0	0	59.61	7.81	$0
Mar 2007	0	0	56.92	7.30	$0
Feb 2007	0	0	55.10	8.22	$0
Jan 2007	0	0	50.30	6.73	$0
Dec 2006	0	0	56.65	6.92	$0
Nov 2006	0	0	54.20	7.62	$0
Oct 2006	53	96	54.90	6.01	$3,487
Sep 2006	52	85	60.08	5.04	$3,552
Aug 2006	0	89	68.71	7.34	$653
Jul 2006	50	82	69.37	6.34	$3,989
Jun 2006	0	86	66.28	6.38	$549
May 2006	52	94	66.01	6.42	$4,036
Apr 2006	52	91	64.39	7.36	$4,018
Mar 2006	53	93	56.70	7.08	$3,664
Feb 2006	51	87	57.59	7.75	$3,611
Jan 2006	52	98	60.59	8.93	$4,026
Dec 2005	0	91	54.94	13.42	$1,221
Nov 2005	52	90	54.69	10.59	$3,797
Oct 2005	54	92	58.34	13.80	$4,420
Sep 2005	54	59	61.45	12.08	$4,031
Aug 2005	0	34	61.51	9.80	$333
Jul 2005	52	38	55.69	7.84	$3,194
Jun 2005	52	72	52.33	7.38	$3,253
May 2005	53	82	45.22	6.65	$2,942
Apr 2005	53	94	49.20	7.36	$3,299
Mar 2005	51	96	50.37	7.15	$3,256
Feb 2005	0	91	45.22	6.31	$574
Jan 2005	50	94	43.16	6.32	$2,752
Dec 2004	52	92	39.86	6.75	$2,694
Nov 2004	52	76	45.28	6.33	$2,836
Oct 2004	53	83	49.70	6.52	$3,175
Sep 2004	0	87	43.24	5.28	$460
Aug 2004	51	92	42.37	5.55	$2,672
Jul 2004	54	92	38.28	6.08	$2,627
Jun 2004	53	48	36.10	6.43	$2,222
May 2004	0	86	37.48	6.49	$559
Apr 2004	51	90	34.47	5.86	$2,285
Mar 2004	53	97	34.36	5.53	$2,358
Feb 2004	53	91	32.45	5.51	$2,221
Jan 2004	52	97	32.03	6.30	$2,277
Dec 2003	53	99	30.26	6.30	$2,228
Nov 2003	0	86	28.80	4.60	$395
Oct 2003	45	91	28.17	4.76	$1,701
Sep 2003	54	87	26.31	4.75	$1,834
Aug 2003	49	62	29.76	5.13	$1,776
Jul 2003	0	41	29.41	5.17	$212
Jun 2003	52	86	28.56	5.98	$2,000
May 2003	53	102	26.59	5.97	$2,018
Apr 2003	53	62	26.67	5.41	$1,749
Mar 2003	52	85	31.14	6.10	$2,137
Feb 2003	54	85	33.48	7.93	$2,482
Jan 2003	0	96	30.31	5.58	$536
Dec 2002	52	103	26.91	4.85	$1,899
Nov 2002	55	98	24.66	4.14	$1,762
Oct 2002	54	114	26.46	4.23	$1,911
Sep 2002	53	105	27.44	3.64	$1,836
Aug 2002	104	76	25.96	3.16	$2,940
Jul 2002	0	83	24.58	3.06	$254
Jun 2002	53	96	23.73	3.34	$1,578
May 2002	54	103	24.66	3.58	$1,701
Apr 2002	53	102	23.65	3.51	$1,612
Mar 2002	53	62	22.00	3.10	$1,358
Feb 2002	55	101	18.22	2.38	$1,242
Jan 2002	54	121	17.17	2.38	$1,215
Dec 2001	54	79	16.93	2.36	$1,101
Nov 2001	0	74	18.07	2.41	$178
Oct 2001	108	119	19.78	2.53	$2,437
Sep 2001	0	81	24.26	2.25	$182
Aug 2001	53	113	24.87	3.05	$1,663
Jul 2001	0	92	23.93	3.20	$294
Jun 2001	61	87	24.56	3.82	$1,831
May 2001	62	106	25.52	4.31	$2,039
Apr 2001	62	78	24.68	5.34	$1,946
Mar 2001	63	70	24.54	5.38	$1,922
Feb 2001	63	66	27.75	5.77	$2,129
Jan 2001	53	87	27.47	8.40	$2,187
Dec 2000	58	80	26.88	9.12	$2,289
Nov 2000	0	91	32.21	5.66	$515
Oct 2000	49	83	31.23	5.15	$1,957
Sep 2000	51	94	31.87	5.19	$2,113
Aug 2000	52	110	29.64	4.54	$2,041
Jul 2000	96	104	28.53	4.09	$3,164
Jun 2000	49	121	29.30	4.40	$1,968
May 2000	53	105	27.26	3.68	$1,831
Apr 2000	54	121	24.51	3.12	$1,701
Mar 2000	48	102	28.42	2.86	$1,656
Feb 2000	0	97	27.62	2.73	$264
Jan 2000	51	67	25.27	2.48	$1,455
Dec 1999	106	59	24.28	2.42	$2,717
Nov 1999	0	54	23.19	2.43	$131
Oct 1999	54	77	20.98	2.80	$1,349
Sep 1999	50	77	21.75	2.62	$1,289
Aug 1999	53	111	19.26	2.88	$1,340
Jul 1999	53	97	17.89	2.37	$1,178
Jun 1999	0	114	15.94	2.36	$269
May 1999	76	138	15.79	2.32	$1,520
Apr 1999	0	132	15.10	2.21	$291
Mar 1999	69	120	12.47	1.84	$1,081
Feb 1999	63	94	9.98	1.82	$800
Jan 1999	0	86	10.38	1.90	$163
Dec 1998	49	82	9.20	1.77	$596
Nov 1998	54	91	10.89	2.19	$787
Oct 1998	50	77	12.42	1.97	$773
Sep 1998	54	118	12.59	2.08	$926
Aug 1998	50	93	11.30	1.91	$742
Jul 1998	47	83	11.74	2.24	$737
Jun 1998	0	81	11.24	2.24	$181
May 1998	48	75	12.62	2.21	$771
Apr 1998	45	78	13.04	2.51	$782
Mar 1998	49	88	12.80	2.31	$830
Feb 1998	0	89	13.95	2.30	$205
Jan 1998	62	104	14.70	2.15	$1,136
Dec 1997	47	94	16.32	2.41	$994
Nov 1997	47	111	18.19	3.09	$1,198
Oct 1997	43	71	19.25	3.15	$1,051
Sep 1997	46	113	17.74	2.95	$1,150
Aug 1997	42	108	17.86	2.55	$1,026
Jul 1997	46	117	17.58	2.25	$1,072
Jun 1997	50	94	17.24	2.26	$1,074
May 1997	46	89	18.97	2.31	$1,078
Apr 1997	44	82	17.88	2.08	$958
Mar 1997	47	89	18.95	1.94	$1,063
Feb 1997	0	88	20.49	2.21	$194
Jan 1997	82	98	23.48	3.54	$2,272
Dec 1996	0	93	23.32	—	$0
Nov 1996	49	123	21.97	—	$1,077
Oct 1996	40	120	23.31	—	$932
Sep 1996	42	107	22.22	—	$933
Aug 1996	45	119	20.26	—	$912
Jul 1996	47	119	19.55	—	$919
Jun 1996	49	64	18.73	—	$918
May 1996	38	50	19.43	—	$738
Apr 1996	44	51	21.51	—	$946
Mar 1996	48	88	19.38	—	$930
Feb 1996	45	79	16.98	—	$764
Jan 1996	42	70	17.07	—	$717
Dec 1995	46	80	17.19	—	$791
Nov 1995	49	74	16.00	—	$784
Oct 1995	47	94	15.43	—	$725
Sep 1995	41	89	16.18	—	$663
Aug 1995	37	76	15.92	—	$589
Jul 1995	0	48	15.24	—	$0
Jun 1995	45	57	16.41	—	$738
May 1995	45	93	17.56	—	$790
Apr 1995	46	42	17.73	—	$816
Mar 1995	50	9	16.44	—	$822
Feb 1995	45	45	16.58	—	$746
Jan 1995	51	145	15.92	—	$812
Dec 1994	49	139	15.03	—	$736
Nov 1994	45	132	15.90	—	$716
Oct 1994	39	116	15.58	—	$608
Sep 1994	40	113	15.29	—	$612
Aug 1994	45	135	16.13	—	$726
Jul 1994	78	119	17.56	—	$1,370
Jun 1994	36	95	17.09	—	$615
May 1994	40	81	15.88	—	$635
Apr 1994	45	134	14.14	—	$636
Mar 1994	42	126	12.46	—	$523
Feb 1994	38	105	12.50	—	$475
Jan 1994	83	110	12.66	—	$1,051
Dec 1993	24	399	12.33	—	$296
Nov 1993	41	115	14.49	—	$594
Oct 1993	45	144	15.85	—	$713
Sep 1993	38	94	15.03	—	$571
Aug 1993	45	120	15.66	—	$705
Jul 1993	84	128	15.46	—	$1,299
Jun 1993	35	140	16.79	—	$588
May 1993	48	144	17.68	—	$849
Apr 1993	87	152	18.05	—	$1,570
Mar 1993	35	127	18.14	—	$635
Feb 1993	84	126	17.90	—	$1,504
Jan 1993	36	116	16.93	—	$609

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.

Oct 2006 — as filed, then multipliedworked

Oil                   53 bbl  × $ 54.90 =     $2,910
Casinghead gas        96 Mcf  × $  6.01 =       $577

────────────────────────────────────────────────────
Month total                                   $3,487

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/O/14461 is the state's own key, not one this site invented.