SUGG "AA"

Operated by INDEPENDENCE RESOURCES MGMT, LLC (P-5 423716) in the LOWER HALF (WOLFCAMP) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 37315District 08Field 55279500Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$7.2 M
Jun 2004 – Mar 2020
Value, last 12 filed months
$55 k
at the published price for each month
Months reported
190
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 46 leases and 237 wells, and the rule below applies to all of them.

Discovered
1985-05-27
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,320 ft
minimum
From a lease line
660 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 1991-10-01.

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: SPRABERRY (TREND AREA) FIELD EFFECTIVE 10/1/2019.

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
OilDisposition88,128 bbl$6,299,485
Casinghead gasProduction175,964 Mcf$879,843
Total$7,179,328

Wells on this lease (7)

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 31.5965, -101.1822. A lease has no coordinate of its own — that point is the mean of its wells, and they span 1.0 miles.

31.59794, -101.18391 · 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
100.0%
7 of 7 wells
With a plug date
0.0%
0 of 7 wells
Median depth
8,020 ft
7 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
7100.0%
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.

How deep they were drilled

Between 7,982 and 8,170 ft, median 8,020 ft, over the 7 wells that filed a depth.

Completions filed
May 2004 – Sep 2007
7 of 7 wells

7 wells

42-431327279078,078 ftSep 2007Yes
42-4313252715028,170 ftAug 2007Yes
42-431326469068,100 ftJul 2007Yes
42-431326129057,982 ftNov 2006Yes
42-431328009108,010 ftNov 2006Yes
42-431325299048,000 ftJan 2005Yes
42-4313226198,020 ftMay 2004Yes

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 (190)

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

190 months

Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 201923646555.052.66$14,227
Aug 2019048153.112.30$1,108
Jul 201920448956.272.46$12,682
Jun 20199750552.782.49$6,378
May 20198348058.482.74$6,169
Apr 201922038862.632.75$14,846
Mar 201920434256.803.06$12,634
Feb 201914433550.852.79$8,258
Jan 201933634446.033.23$16,577
Dec 201830636446.594.19$15,780
Nov 201834835152.934.24$19,907
Oct 2018041961.443.40$1,424
Sep 201833141659.543.11$21,001
Aug 201833341959.403.07$21,065
Jul 201832639065.142.93$22,379
Jun 201816834660.183.08$11,175
May 201818135365.382.90$12,858
Apr 201833970563.842.90$23,687
Mar 20185391,03161.222.79$35,871
Feb 201814896061.782.77$11,799
Jan 201839999762.874.01$29,082
Dec 20172651,04657.272.92$18,232
Nov 20172581,05855.423.12$17,598
Oct 20173861,02949.292.98$22,096
Sep 20172771,07947.523.09$16,494
Aug 20172771,15245.373.00$16,029
Jul 201741698243.873.09$21,282
Jun 201725392942.493.09$13,618
May 201739490045.373.26$20,813
Apr 201761290347.933.21$32,233
Mar 201729366346.772.98$15,682
Feb 201723046550.452.95$12,976
Jan 201711643349.413.42$7,212
Dec 201623345448.763.72$13,051
Nov 201611446242.492.64$6,066
Oct 201622647446.193.09$11,904
Sep 201611344641.553.10$6,078
Aug 201622948741.442.92$10,914
Jul 201610437941.622.92$5,437
Jun 201610650845.352.69$6,172
May 201610656442.521.99$5,630
Apr 201624069636.561.99$10,160
Mar 20168187233.011.79$4,238
Feb 201615643326.472.06$5,023
Jan 201619855827.352.36$6,735
Dec 201512570532.362.00$5,456
Nov 201510835838.792.17$4,965
Oct 201528253443.552.43$13,577
Sep 201512475042.992.76$7,400
Aug 201525497940.162.87$13,013
Jul 201523683348.152.95$13,817
Jun 201524872156.152.88$16,004
May 201526795055.212.96$17,549
Apr 201540386249.822.71$22,411
Mar 201539583642.892.93$19,395
Feb 201526981544.662.98$14,439
Jan 20152741,06243.433.10$15,193
Dec 20143961,11754.693.59$25,669
Nov 201441992070.464.25$33,434
Oct 20142561,00278.303.90$23,954
Sep 20142571,02686.164.05$26,294
Aug 201441895789.394.04$41,227
Jul 201430680796.564.18$32,920
Jun 201428775198.164.74$31,729
May 201428284194.734.73$30,689
Apr 201455676995.944.81$57,041
Mar 201441976795.895.06$44,056
Feb 201428587597.406.19$33,177
Jan 201469487790.404.86$67,000
Dec 201327580391.824.35$28,747
Nov 201324166888.853.74$23,910
Oct 201319390097.423.78$22,203
Sep 2013230825104.113.72$27,012
Aug 2013186873104.253.52$22,466
Jul 2013463907102.523.72$50,839
Jun 201327588794.403.93$29,449
May 201360489994.834.15$61,007
Apr 201331595393.964.28$33,679
Mar 20134591,03993.623.91$47,037
Feb 201343993291.233.42$43,237
Jan 20134361,06491.603.42$43,576
Dec 20122941,08186.773.42$29,208
Nov 20125891,12086.953.62$55,274
Oct 20126331,23089.383.40$60,759
Sep 20123111,48594.672.92$33,776
Aug 20124621,59592.662.91$47,447
Jul 20124621,37485.133.02$43,481
Jun 20123041,24979.822.52$27,412
May 20125471,21991.612.49$53,144
Apr 20124061,289101.652.00$43,844
Mar 20124251,298105.052.22$47,531
Feb 20125591,253101.102.57$59,735
Jan 201242287798.092.73$43,792
Dec 201142389596.873.24$43,876
Nov 201128284695.723.31$29,794
Oct 201127291784.983.65$26,460
Sep 201142784183.623.99$39,058
Aug 20114221,02483.404.15$39,444
Jul 20114221,13194.144.52$44,836
Jun 20114141,17692.904.64$43,917
May 20115571,36498.134.40$60,667
Apr 20112751,072105.964.33$33,784
Mar 20116731,33896.364.06$70,279
Feb 20112631,07985.644.18$27,034
Jan 20115371,54286.504.59$53,526
Dec 20105321,65985.734.35$52,821
Nov 20103971,14580.843.80$36,439
Oct 20105271,18778.103.51$45,324
Sep 20103981,20372.633.98$33,694
Aug 20105141,26773.684.42$43,471
Jul 20103861,24072.554.74$33,878
Jun 20103831,23470.364.91$33,007
May 20105131,32271.124.24$42,084
Apr 20106561,31881.694.12$59,022
Mar 20106561,67978.394.39$58,792
Feb 20103911,29773.585.44$35,829
Jan 20106631,44474.365.96$57,913
Dec 20096781,63171.445.48$57,380
Nov 20095191,56574.593.75$44,583
Oct 20096971,17772.544.11$55,398
Sep 20093971,04865.543.06$29,231
Aug 20094241,03867.423.22$31,927
Jul 200932894761.133.46$23,332
Jun 200946476966.163.90$33,694
May 20095481,33054.743.93$35,219
Apr 20098361,51446.773.59$44,531
Mar 20096691,37742.144.06$33,781
Feb 20098311,40832.814.63$33,788
Jan 20096531,19435.865.37$29,830
Dec 20088321,31137.105.98$38,703
Nov 20088461,14355.496.86$54,786
Oct 20088611,00775.246.92$71,752
Sep 2008880965101.767.88$97,150
Aug 2008882962114.228.48$108,903
Jul 20088611,167131.0811.39$126,151
Jun 20089781,157131.3313.03$143,519
May 20089701,413123.1711.57$135,829
Apr 20089821,305110.3110.45$121,968
Mar 20089971,140101.909.66$112,611
Feb 20086561,18992.538.77$71,128
Jan 20081,3691,71990.388.21$137,836
Dec 20071,5331,82988.337.30$148,765
Nov 20071,5412,39991.677.29$158,756
Oct 20073,1164,08082.856.92$286,402
Sep 20071,5411,68075.846.24$127,360
Aug 200765785069.066.39$50,802
Jul 20078141,23170.906.39$65,576
Jun 20071,0461,48962.007.55$76,092
May 20071,0762,01858.747.85$79,038
Apr 20071,3801,44359.617.81$93,525
Mar 200782397756.927.30$53,979
Feb 20071,0431,13355.108.22$66,778
Jan 20072,3382,26450.306.73$132,831
Dec 200679758456.656.92$49,190
Nov 200629025854.207.62$17,683
Oct 200628735854.906.01$17,909
Sep 200640341660.085.04$26,308
Aug 200624872868.717.34$22,384
Jul 200624881169.376.34$22,348
Jun 200634389366.286.38$28,435
May 200644157266.016.42$32,786
Apr 200620463464.397.36$17,802
Mar 200629470756.707.08$21,677
Feb 200631763357.597.75$23,162
Jan 200642970460.598.93$32,282
Dec 200529970954.9413.42$25,939
Nov 200529570354.6910.59$23,577
Oct 200519262958.3413.80$19,879
Sep 200538056661.4512.08$30,188
Aug 200540668161.519.80$31,645
Jul 200551367655.697.84$33,871
Jun 200535880052.337.38$24,639
May 200568999445.226.65$37,768
Apr 200579487449.207.36$45,498
Mar 20051,48695450.377.15$81,676
Feb 20051,38688045.226.31$68,229
Jan 200513629343.166.32$7,722
Dec 200441914539.866.75$17,680
Nov 200423814345.286.33$11,682
Oct 200432918049.706.52$17,524
Sep 200424816543.245.28$11,595
Aug 200432516242.375.55$14,669
Jul 20046394,42438.286.08$51,377
Jun 20049311,11336.106.43$40,769

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.

Sep 2019 — as filed, then multipliedworked
Oil                  236 bbl  × $ 55.05 =    $12,992
Casinghead gas       465 Mcf  × $  2.66 =     $1,236

────────────────────────────────────────────────────
Month total                                  $14,227

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/37315 is the state's own key, not one this site invented.