SUGG -A-

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 37535District 08Field 55279500Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$3.8 M
Dec 2004 – Jun 2020
Value, last 12 filed months
$8 k
at the published price for each month
Months reported
187
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
OilDisposition36,402 bbl$2,385,997
Casinghead gasProduction286,440 Mcf$1,416,266
Total$3,802,263

Wells on this lease (4)

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 31.5712, -101.1900. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.7 miles.

31.57130, -101.19005 · 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%
4 of 4 wells
With a plug date
0.0%
0 of 4 wells
Median depth
8,175 ft
4 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
4100.0%
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 8,060 and 8,210 ft, median 8,175 ft, over the 4 wells that filed a depth.

Completions filed
Oct 2004 – May 2008
4 of 4 wells

4 wells

42-4313230217068,200 ftMay 2008Yes
42-4313194117028,060 ftFeb 2005Yes
42-4313252413048,210 ftFeb 2005Yes
42-4313247713038,150 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 (187)

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

187 months

Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
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 20198424855.052.66$5,283
Aug 20193628153.112.30$2,559
Jul 2019026556.272.46$652
Jun 2019025952.782.49$645
May 2019029658.482.74$811
Apr 20196725062.632.75$4,884
Mar 2019019356.803.06$591
Feb 2019026450.852.79$737
Jan 20198134246.033.23$4,832
Dec 2018030046.594.19$1,256
Nov 20187331052.934.24$5,177
Oct 2018046361.443.40$1,573
Sep 2018073759.543.11$2,291
Aug 201810480359.403.07$8,640
Jul 20187985365.142.93$7,647
Jun 2018064960.183.08$1,997
May 2018077465.382.90$2,245
Apr 201801,10863.842.90$3,214
Mar 2018901,30861.222.79$9,155
Feb 2018971,13461.782.77$9,129
Jan 20181011,26362.874.01$11,414
Dec 201701,26157.272.92$3,684
Nov 20171081,29555.423.12$10,024
Oct 20171131,37149.292.98$9,660
Sep 201701,29047.523.09$3,983
Aug 20171231,43445.373.00$9,889
Jul 20171061,54843.873.09$9,429
Jun 201701,57642.493.09$4,866
May 20171031,62745.373.26$9,983
Apr 2017911,56647.933.21$9,391
Mar 2017421,69546.772.98$7,022
Feb 2017971,26750.452.95$8,635
Jan 2017981,48749.413.42$9,926
Dec 2016991,44448.763.72$10,203
Nov 2016941,43542.492.64$7,789
Oct 2016971,47346.193.09$9,032
Sep 2016901,55541.553.10$8,561
Aug 2016961,67341.442.92$8,871
Jul 2016791,41541.622.92$7,426
Jun 20161651,56345.352.69$11,681
May 201601,46042.521.99$2,907
Apr 2016941,44236.561.99$6,308
Mar 20162391,53433.011.79$10,641
Feb 20161161,44126.472.06$6,044
Jan 20161231,67827.352.36$7,331
Dec 20151181,92532.362.00$7,671
Nov 20151241,56938.792.17$8,211
Oct 20151251,54243.552.43$9,186
Sep 20151221,66042.992.76$9,824
Aug 20151261,83640.162.87$10,334
Jul 20151301,74348.152.95$11,393
Jun 20151311,71156.152.88$12,288
May 20151301,15955.212.96$10,603
Apr 20151121,16949.822.71$8,744
Mar 201510496442.892.93$7,290
Feb 2015086444.662.98$2,571
Jan 20158990243.433.10$6,662
Dec 2014082454.693.59$2,959
Nov 20147998170.464.25$9,737
Oct 20147599078.303.90$9,734
Sep 2014094986.164.05$3,839
Aug 2014941,17389.394.04$13,136
Jul 201411877596.564.18$14,633
Jun 201401,16998.164.74$5,537
May 20141371,70994.734.73$21,056
Apr 20142201,71395.944.81$29,345
Mar 20141111,55695.895.06$18,512
Feb 20141141,33097.406.19$19,339
Jan 20141962,18690.404.86$28,344
Dec 20131001,81491.824.35$17,081
Nov 201301,26188.853.74$4,714
Oct 20131171,56197.423.78$17,298
Sep 20131191,557104.113.72$18,178
Aug 2013901,908104.253.52$16,104
Jul 20131011,811102.523.72$17,087
Jun 20131061,75994.403.93$16,925
May 20131191,61494.834.15$17,981
Apr 20132101,73893.964.28$27,175
Mar 20131091,92393.623.91$17,729
Feb 20131031,64491.233.42$15,019
Jan 2013842,01091.603.42$14,568
Dec 20121052,09686.773.42$16,280
Nov 20122101,96986.953.62$25,397
Oct 20121061,90989.383.40$15,964
Sep 20121071,89894.672.92$15,669
Aug 20121151,99692.662.91$16,461
Jul 2012871,74785.133.02$12,684
Jun 20121272,31979.822.52$15,979
May 20122182,52591.612.49$26,254
Apr 2012971,983101.652.00$13,820
Mar 2012992,003105.052.22$14,851
Feb 20122161,723101.102.57$26,266
Jan 20122282,18798.092.73$28,344
Dec 20111152,32096.873.24$18,656
Nov 20112031,91595.723.31$25,772
Oct 20111382,33384.983.65$20,239
Sep 20112481,74883.623.99$27,705
Aug 20111402,33383.404.15$21,356
Jul 20112382,48994.144.52$33,649
Jun 2011971,56892.904.64$16,287
May 20112071,83598.134.40$28,396
Apr 20111302,616105.964.33$25,111
Mar 20112572,17796.364.06$33,597
Feb 20112821,45585.644.18$30,232
Jan 20111952,88886.504.59$30,120
Dec 2010792,35985.734.35$17,029
Nov 2010691,96280.843.80$13,024
Oct 20101341,83678.103.51$16,908
Sep 2010601,78772.633.98$11,469
Aug 2010711,27173.684.42$10,848
Jul 2010911,94172.554.74$15,796
Jun 20101833,00970.364.91$27,651
May 20102293,22071.124.24$29,924
Apr 20102852,98081.694.12$35,567
Mar 20105636,36678.394.39$72,072
Feb 201002,99573.585.44$16,300
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 200911464665.543.06$9,451
Aug 20091072,69367.423.22$15,881
Jul 20092042,69561.133.46$21,807
Jun 20092212,94366.163.90$26,084
May 20092293,53754.743.93$26,421
Apr 20092103,32746.773.59$21,757
Mar 20091983,27142.144.06$21,621
Feb 20093202,40832.814.63$21,655
Jan 20092613,33035.865.37$27,245
Dec 20083974,75537.105.98$43,150
Nov 20081433,45755.496.86$31,651
Oct 20083004,50975.246.92$53,783
Sep 20084405,008101.767.88$84,223
Aug 20082855,409114.228.48$78,437
Jul 20081622,888131.0811.39$54,128
Jun 20083173,068131.3313.03$81,616
May 2008158826123.1711.57$29,021
Apr 2008287648110.3110.45$38,434
Mar 2008127398101.909.66$16,788
Feb 200834142992.538.77$35,315
Jan 200821339590.388.21$22,492
Dec 200725943288.337.30$26,032
Nov 200713760191.677.29$16,941
Oct 200740381982.856.92$39,058
Sep 200721178575.846.24$20,904
Aug 200728669369.066.39$24,178
Jul 200717564470.906.39$16,521
Jun 200718960062.007.55$16,247
May 200732891558.747.85$26,446
Apr 200731883659.617.81$25,481
Mar 200732259756.927.30$22,688
Feb 200719766355.108.22$16,302
Jan 200717639650.306.73$11,517
Dec 200629161856.656.92$20,761
Nov 200638174754.207.62$26,340
Oct 200640574854.906.01$26,733
Sep 200637772960.085.04$26,322
Aug 200638668968.717.34$31,579
Jul 200638298369.376.34$32,734
Jun 200630983266.286.38$25,792
May 20064461,32266.016.42$37,934
Apr 20062252,12964.397.36$30,158
Mar 20064442,09756.707.08$40,028
Feb 20064451,95757.597.75$40,796
Jan 20064562,20160.598.93$47,291
Dec 20054582,11154.9413.42$53,482
Nov 20057222,16954.6910.59$62,452
Oct 20055292,37558.3413.80$63,627
Sep 20056732,18561.4512.08$67,748
Aug 20059042,64661.519.80$81,527
Jul 20055872,52855.697.84$52,519
Jun 20051,0022,40952.337.38$70,216
May 20051,4013,08045.226.65$83,839
Apr 20052,0323,19549.207.36$123,491
Mar 20051,7522,25650.377.15$104,390
Feb 200517056845.226.31$11,273
Jan 200550282543.166.32$26,882
Dec 20046613339.866.75$26,570

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                   84 bbl  × $ 55.05 =     $4,624
Casinghead gas       248 Mcf  × $  2.66 =       $659

────────────────────────────────────────────────────
Month total                                   $5,283

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/37535 is the state's own key, not one this site invented.