SUGAR RAIDER 191

Operated by PERUN ENERGY LLC (P-5 104430) in the PHANTOM (WOLFCAMP) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 58395District 08Field 71052900Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$42.9 M
Jun 2022 – May 2026
Value, last 12 filed months
$4.8 M
at the published price for each month
Months reported
48
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 7,755 leases and 10,539 wells, and the rule below applies to all of them.

Discovered
1983-06-23
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 20 acres. The field rule took effect on 2017-08-01.

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: FOR THE FOLLOWING API 389-37515.

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
OilDisposition536,947 bbl$39,952,620
Casinghead gasProduction963,248 Mcf$2,921,478
Total$42,874,098

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 31.2135, -103.5591. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

31.21337, -103.55915 · 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
60.0%
3 of 5 wells
With a plug date
0.0%
0 of 5 wells
Median depth
10,241 ft
5 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
360.0%
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.
240.0%

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 10,227 and 10,754 ft, median 10,241 ft, over the 5 wells that filed a depth.

Completions filed
Nov 2022
5 of 5 wells

5 wells

42-389400984H10,578 ftNov 2022Yes
42-389400995H10,754 ftNov 2022Yes
42-389399203H10,241 ftNov 2022
42-389399192H10,228 ftNov 2022Yes
42-389399181H10,227 ftNov 2022

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 (48)

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

48 months

May 20263,2222,529106.413.05$350,556
Apr 20262,1345,60198.932.87$227,190
Mar 20265,60523,51189.753.15$577,095
Feb 20265,80822,80763.503.75$454,342
Jan 20266,18717,64559.138.00$506,961
Dec 20253,34210,24456.664.41$234,568
Nov 20255,87518,93258.593.93$418,552
Oct 20256,12619,19959.383.30$427,212
Sep 20256,20717,29462.743.08$442,639
Aug 20256,06915,65063.933.01$435,172
Jul 20255,33514,88266.743.32$405,395
Jun 20253,51914,19666.483.13$278,358
May 20257,18322,67560.553.23$508,224
Apr 20257,07822,92462.363.54$522,607
Mar 20258,38523,83767.704.27$669,408
Feb 20257,59521,84470.884.34$633,155
Jan 20259,38923,43774.324.28$798,070
Dec 20249,16121,64568.993.12$699,579
Nov 20248,72020,43669.052.20$647,043
Oct 20249,85322,52371.372.28$754,593
Sep 202410,11617,30469.612.36$745,088
Aug 20248,18517,36775.632.06$654,871
Jul 20247,04517,79979.932.15$601,314
Jun 202410,08823,36978.082.63$849,225
May 202411,15324,76678.812.20$933,415
Apr 202411,53425,95384.451.66$1,017,108
Mar 202412,91225,65880.301.55$1,076,479
Feb 202412,75824,89776.091.78$1,015,164
Jan 202414,51028,34273.023.30$1,152,982
Dec 202315,23929,05071.262.61$1,161,773
Nov 202316,815077.892.81$1,309,720
Oct 202314,01022,76285.443.09$1,267,287
Sep 20239,47615,20789.042.74$885,335
Aug 202313,68322,37980.522.67$1,161,572
Jul 202316,71026,71774.852.64$1,321,324
Jun 202320,58534,16568.962.26$1,496,703
May 202324,57838,13070.622.23$1,820,629
Apr 202320,81630,46178.122.24$1,694,310
Mar 202332,73648,15172.852.39$2,500,051
Feb 202335,42640,41375.112.47$2,760,492
Jan 202349,28149,98476.533.39$3,940,807
Dec 202236,68433,60576.415.73$2,995,550
Nov 20225,8144,95885.005.65$522,184
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0

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.

May 2026 — as filed, then multipliedworked
Oil                3,222 bbl  × $106.41 =   $342,853
Casinghead gas     2,529 Mcf  × $  3.05 =     $7,703

────────────────────────────────────────────────────
Month total                                 $350,556

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/58395 is the state's own key, not one this site invented.