SUGG "AA"

Operated by P1 ENERGY, LLC (P-5 631633) in the SPRABERRY (TREND AREA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 52924District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$1.2 M
Oct 2019 – May 2026
Value, last 12 filed months
$302 k
at the published price for each month
Months reported
80
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 16,587 leases and 43,997 wells, and the rule below applies to all of them.

Discovered
1952-12-22
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 80 acres. The field rule took effect on 2018-02-13.

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
OilDisposition11,233 bbl$694,831
Casinghead gasProduction151,864 Mcf$552,204
Total$1,247,035

Wells on this lease (14)

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 31.5969, -101.1849. A lease has no coordinate of its own — that point is the mean of its wells, and they span 1.2 miles.

31.59793, -101.18603 · 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
7.1%
1 of 14 wells
With a plug date
7.1%
1 of 14 wells
Median depth
8,055 ft
14 wells filed one
Completion to plug
15.7 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
17.1%
A plug date is filed
17.1%
BothOn the schedule and plugged. Neither fact cancels the other.
17.1%
NeitherNo plug date, and not on the schedule.
1392.9%

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

Total depth in feet, 14 of 14 wells. Median 8,055 ft, with the middle half between 8,003 and 8,100 ft; the shallowest is 7,852 ft and the deepest 8,170 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

When they were last completed

Last completion by decade, 14 of 14 wells, Jul 1988 – Oct 2008. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Jul 1988 – Oct 2008
14 of 14 wells
Plug dates filed
Jun 2024
1 of 14 wells; 13 filed none

Last completion to plug: a median of 15.7 years across the 1 well that filed both dates, with the middle half between 15.7 years and 15.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

14 wells

42-431319389028,100 ftOct 2008Jun 2024Yes
42-431327279078,078 ftSep 2007
42-4313252715028,170 ftAug 2007
42-431326469068,100 ftJul 2007
42-431326129057,982 ftNov 2006
42-431328009108,010 ftNov 2006
42-431325299048,000 ftJan 2005
42-431322619018,020 ftMay 2004
42-4313279709097,975 ftSep 1995
42-4313175815048,050 ftAug 1995
42-4313278915038,150 ftMar 1995
42-4313277909088,060 ftJan 1995
42-431319509037,852 ftAug 1988
42-4313193615018,099 ftJul 1988

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 (80)

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

80 months

May 202600106.413.05$0
Apr 20261892,05398.932.87$24,589
Mar 20261841,96889.753.15$22,712
Feb 20263171,92763.503.75$27,356
Jan 202601,97359.138.00$15,780
Dec 20257102,25556.664.41$50,181
Nov 20251,0552,38858.593.93$71,189
Oct 20251812,13659.383.30$17,807
Sep 20253522,14062.743.08$28,669
Aug 20251772,23963.933.01$18,066
Jul 20251772,24766.743.32$19,262
Jun 202502,15366.483.13$6,736
May 20251782,21060.553.23$17,921
Apr 202501,94162.363.54$6,877
Mar 20251782,08267.704.27$20,937
Feb 202502,19570.884.34$9,528
Jan 202502,04874.324.28$8,763
Dec 202402,16568.993.12$6,758
Nov 202402,24169.052.20$4,927
Oct 20243112,17871.372.28$27,165
Sep 202402,03069.612.36$4,800
Aug 202401,82475.632.06$3,764
Jul 202402,07079.932.15$4,443
Jun 202401,96578.082.63$5,176
May 202401,93778.812.20$4,258
Apr 202402,01384.451.66$3,340
Mar 202402,09780.301.55$3,240
Feb 202401,77476.091.78$3,164
Jan 202401,90073.023.30$6,266
Dec 202301,94371.262.61$5,073
Nov 20231601,94277.892.81$17,915
Oct 202302,01085.443.09$6,205
Sep 202302,26289.042.74$6,187
Aug 202302,36280.522.67$6,313
Jul 202302,43074.852.64$6,420
Jun 20231682,32468.962.26$16,834
May 202302,47970.622.23$5,522
Apr 202302,36878.122.24$5,299
Mar 202302,45972.852.39$5,885
Feb 20231862,15275.112.47$19,277
Jan 202302,28576.533.39$7,741
Dec 202201,71276.415.73$9,808
Nov 20221681,75985.005.65$24,212
Oct 202202,11487.185.86$12,396
Sep 20221632,07584.888.16$30,775
Aug 202202,15094.529.13$19,623
Jul 20221822,087101.587.54$34,228
Jun 20221912,080115.097.98$38,575
May 202202,201109.378.43$18,561
Apr 20221732,025104.226.84$31,876
Mar 202201,963108.885.08$9,965
Feb 20221851,92591.054.86$26,198
Jan 202202,04681.844.54$9,284
Dec 20211642,11371.323.90$19,935
Nov 20213412,08777.435.24$37,333
Oct 202102,00179.795.71$11,433
Sep 20211682,03069.865.35$22,599
Aug 20211762,09966.024.22$20,479
Jul 20213202,10570.783.98$31,032
Jun 20213451,99469.493.38$30,715
May 202101,92563.483.02$5,809
Apr 20211621,77860.362.76$14,683
Mar 20211681,15361.302.72$13,431
Feb 20211681,06157.805.55$15,597
Jan 202101,18950.412.81$3,341
Dec 20201801,09344.642.68$10,959
Nov 20201781,24538.772.71$10,271
Oct 20201751,28636.972.48$9,657
Sep 20201841,33737.091.99$9,487
Aug 20203241,41639.982.39$16,331
Jul 20201761,41938.371.83$9,343
Jun 20207151,38634.901.69$27,296
May 202001,61616.921.81$2,933
Apr 202001,44214.751.80$2,602
Mar 20203601,49230.341.86$13,692
Feb 20201631,29249.881.98$10,689
Jan 20201841,46957.252.09$13,611
Dec 20191801,50959.012.30$14,099
Nov 20191831,49855.302.75$14,240
Oct 20196341,52753.472.42$37,593

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
Oil                  189 bbl  × $ 98.93 =    $18,698
Casinghead gas     2,053 Mcf  × $  2.87 =     $5,892

────────────────────────────────────────────────────
Month total                                  $24,589

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/52924 is the state's own key, not one this site invented.