SUGG -C-

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 37527District 08Field 55279500Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$2.8 M
Nov 2004 – Feb 2020
Value, last 12 filed months
$36 k
at the published price for each month
Months reported
184
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
OilDisposition32,967 bbl$2,234,154
Casinghead gasProduction104,925 Mcf$584,697
Total$2,818,851

Wells on this lease (5)

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 31.5611, -101.2010. A lease has no coordinate of its own — that point is the mean of its wells, and they span 1.4 miles.

31.56074, -101.20327 · 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%
5 of 5 wells
With a plug date
20.0%
1 of 5 wells
Median depth
8,150 ft
5 wells filed one
Completion to plug
9.6 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
5100.0%
A plug date is filed
120.0%
BothOn the schedule and plugged. Neither fact cancels the other.
120.0%
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 8,100 and 8,329 ft, median 8,150 ft, over the 5 wells that filed a depth.

Completions filed
Oct 2004 – Dec 2013
5 of 5 wells
Plug dates filed
Jul 2023
1 of 5 wells; 4 filed none

Last completion to plug: a median of 9.6 years across the 1 well that filed both dates, with the middle half between 9.6 years and 9.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

5 wells

42-4313229143038,150 ftDec 2013Jul 2023Yes
42-4313196244018,329 ftSep 2008Yes
42-4313192243018,100 ftFeb 2008Yes
42-4313252543058,140 ftDec 2004Yes
42-4313269944058,240 ftOct 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 (184)

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

184 months

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 201915616455.052.66$9,024
Aug 2019014253.112.30$327
Jul 20191028056.272.46$5,936
Jun 2019020352.782.49$506
May 2019018058.482.74$493
Apr 201913513862.632.75$8,835
Mar 201917048456.803.06$11,138
Feb 201912024050.852.79$6,772
Jan 201912123446.033.23$6,325
Dec 2018021746.594.19$908
Nov 201812022752.934.24$7,313
Oct 201810522261.443.40$7,206
Sep 201811333859.543.11$7,779
Aug 20188814859.403.07$5,681
Jul 201823232565.142.93$16,065
Jun 2018011560.183.08$354
May 201814412465.382.90$9,774
Apr 2018024563.842.90$711
Mar 201814428061.222.79$9,596
Feb 201810240061.782.77$7,408
Jan 201819050462.874.01$13,966
Dec 2017054857.272.92$1,601
Nov 201721747455.423.12$13,504
Oct 201711647649.292.98$7,138
Sep 201725044047.523.09$13,238
Aug 2017033745.373.00$1,012
Jul 201732645943.873.09$15,719
Jun 201729965142.493.09$14,714
May 201710721445.373.26$5,553
Apr 20178814847.933.21$4,693
Mar 20176315546.772.98$3,409
Feb 2017135050.452.95$6,811
Jan 201714021949.413.42$7,666
Dec 201613624148.763.72$7,529
Nov 2016019042.492.64$502
Oct 201613723346.193.09$7,048
Sep 201626324841.553.10$11,697
Aug 201613917941.442.92$6,284
Jul 2016386541.622.92$1,772
Jun 2016417545.352.69$2,061
May 2016010142.521.99$201
Apr 20166611036.561.99$2,632
Mar 201614317233.011.79$5,029
Feb 20168810026.472.06$2,536
Jan 20168823527.352.36$2,962
Dec 201515029432.362.00$5,442
Nov 20155720938.792.17$2,664
Oct 20157216443.552.43$3,534
Sep 20159224242.992.76$4,623
Aug 201517044540.162.87$8,105
Jul 20157230848.152.95$4,374
Jun 20155440156.152.88$4,188
May 20153351955.212.96$3,356
Apr 201517732949.822.71$9,709
Mar 20159025242.892.93$4,600
Feb 20156818244.662.98$3,579
Jan 2015031243.433.10$967
Dec 201417234954.693.59$10,660
Nov 2014051970.464.25$2,207
Oct 20149057478.303.90$9,286
Sep 201416644786.164.05$16,111
Aug 201418451989.394.04$18,542
Jul 2014058996.564.18$2,462
Jun 201412942498.164.74$14,671
May 201410664894.734.73$13,104
Apr 201411383995.944.81$14,876
Mar 201412281195.895.06$15,800
Feb 20147068897.406.19$11,078
Jan 201423554790.404.86$23,903
Dec 2013038591.824.35$1,676
Nov 20139328488.853.74$9,325
Oct 20135861897.423.78$7,986
Sep 2013102809104.113.72$13,627
Aug 201347676104.253.52$7,281
Jul 2013112591102.523.72$13,679
Jun 20138362194.403.93$10,278
May 201315679494.834.15$18,088
Apr 201313750993.964.28$15,052
Mar 201317074693.623.91$18,834
Feb 201316957391.233.42$17,377
Jan 201312581291.603.42$14,227
Dec 201215966486.773.42$16,067
Nov 201216953986.953.62$16,648
Oct 201210757789.383.40$11,525
Sep 201222098694.672.92$23,705
Aug 20121881,11992.662.91$20,674
Jul 20127185685.133.02$8,630
Jun 201217468679.822.52$15,617
May 201211251291.612.49$11,534
Apr 2012129485101.652.00$14,081
Mar 20121711,117105.052.22$20,446
Feb 2012153867101.102.57$17,697
Jan 201215197298.092.73$17,469
Dec 201114191996.873.24$16,636
Nov 201115782095.723.31$17,743
Oct 20119066284.983.65$10,064
Sep 201123881783.623.99$23,158
Aug 201111059283.404.15$11,630
Jul 201110947994.144.52$12,425
Jun 20116450492.904.64$8,284
May 20114445498.134.40$6,318
Apr 2011134496105.964.33$16,348
Mar 201122368496.364.06$24,264
Feb 201110743985.644.18$10,998
Jan 201132655786.504.59$30,755
Dec 201021340785.734.35$20,030
Nov 201020746480.843.80$18,495
Oct 201013550178.103.51$12,301
Sep 20108754072.633.98$8,468
Aug 20108855973.684.42$8,954
Jul 201013755672.554.74$12,573
Jun 20108757670.364.91$8,950
May 201016663071.124.24$14,474
Apr 20108536981.694.12$8,465
Mar 201013058878.394.39$12,771
Feb 20109249973.585.44$9,485
Jan 201013559874.365.96$13,605
Dec 200913463871.445.48$13,072
Nov 200913058974.593.75$11,906
Oct 200919645972.544.11$16,104
Sep 200913952265.543.06$10,710
Aug 200912238967.423.22$9,477
Jul 20098528461.133.46$6,180
Jun 200911123666.163.90$8,263
May 200910828054.743.93$7,011
Apr 200913042246.773.59$7,594
Mar 200917973042.144.06$10,506
Feb 20093191,09632.814.63$15,544
Jan 20092721,80235.865.37$19,432
Dec 20084372,08737.105.98$28,687
Nov 20083011,89855.496.86$29,723
Oct 20083182,14275.246.92$38,753
Sep 2008486572101.767.88$53,961
Aug 2008853600114.228.48$102,519
Jul 2008534535131.0811.39$76,090
Jun 2008181491131.3313.03$30,170
May 2008109563123.1711.57$19,942
Apr 2008137649110.3110.45$21,898
Mar 2008219123101.909.66$23,505
Feb 200829456892.538.77$32,186
Jan 200817751590.388.21$20,223
Dec 200726155788.337.30$27,121
Nov 200714651791.677.29$17,154
Oct 20077156082.856.92$9,759
Sep 200714049175.846.24$13,683
Aug 200713244369.066.39$11,946
Jul 200714548370.906.39$13,366
Jun 200725746762.007.55$19,459
May 20079656858.747.85$10,096
Apr 200710751859.617.81$10,421
Mar 200721162356.927.30$16,559
Feb 200729765355.108.22$21,730
Jan 200721547250.306.73$13,990
Dec 200623265356.656.92$17,661
Nov 200635477054.207.62$25,052
Oct 200624662054.906.01$17,234
Sep 200624973160.085.04$18,642
Aug 20062451,29368.717.34$26,324
Jul 20063511,31769.376.34$32,702
Jun 20062281,18466.286.38$22,670
May 20064941,09566.016.42$39,644
Apr 20062511,07964.397.36$24,104
Mar 20063741,32356.707.08$30,577
Feb 20064891,37857.597.75$38,843
Jan 20065011,43460.598.93$43,166
Dec 20053811,43254.9413.42$40,143
Nov 20054711,38854.6910.59$40,456
Oct 20055991,36758.3413.80$53,804
Sep 20054631,24561.4512.08$43,490
Aug 20058791,37461.519.80$67,528
Jul 20055531,29355.697.84$40,938
Jun 200532796252.337.38$24,212
May 200545686345.226.65$26,360
Apr 20054631,04149.207.36$30,442
Mar 20057971,17350.377.15$48,538
Feb 20059131,06645.226.31$48,014
Jan 20055971,05143.166.32$32,411
Dec 200424458439.866.75$13,668
Nov 20045646845.286.33$5,498

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                  156 bbl  × $ 55.05 =     $8,588
Casinghead gas       164 Mcf  × $  2.66 =       $436

────────────────────────────────────────────────────
Month total                                   $9,024

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/37527 is the state's own key, not one this site invented.