SUSAN DENMAN #1

Name: SUSAN DENMAN #1 lease production and value, Apr 1998 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by TEXAS ENERGY OPERATIONS, LC (P-5 845802) in the SUSAN DENMAN (GUNSIGHT) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 29555District 09Field 87323210OilSave Export

Value, all time

$733 k

Apr 1998 – May 2009

Value, last 12 filed months

$68 k

at the published price for each month

Months reported

134

no gaps in the span

Streams

oil

The SUSAN DENMAN (GUNSIGHT) field

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 8 leases and 96 wells, and the rule below applies to all of them.

Discovered

1998-04-22

as the register files it

Field class

Oil

the register's own label

Between wells

—

no field rule filed

From a lease line

—

no field rule filed

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.

Stream	Basis	Volume	Value
Oil	Disposition	13,343 bbl	$733,475
Total			$733,475

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 33.4973, -98.6836. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

33.49715, -98.68365 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

0.0%

0 of 4 wells

With a plug date

0.0%

0 of 4 wells

Median depth

1,131 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

00.0%

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.

4100.0%

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 1,108 and 1,187 ft, median 1,131 ft, over the 4 wells that filed a depth.

Completions filed

Jul 2006 – Aug 2007

3 of 4 wells; 1 filed none

4 wells


42-00941188	26	1,108 ft	—	—	—
42-00941619	6	1,187 ft	Aug 2007	—	—
42-00941580	3	1,125 ft	Sep 2006	—	—
42-00941535	4	1,136 ft	Jul 2006	—	—

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 (134)

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

134 months


May 2009	0	54.74	3.93	$0
Apr 2009	0	46.77	3.59	$0
Mar 2009	0	42.14	4.06	$0
Feb 2009	0	32.81	4.63	$0
Jan 2009	0	35.86	5.37	$0
Dec 2008	147	37.10	5.98	$5,454
Nov 2008	69	55.49	6.86	$3,829
Oct 2008	53	75.24	6.92	$3,988
Sep 2008	104	101.76	7.88	$10,583
Aug 2008	102	114.22	8.48	$11,650
Jul 2008	104	131.08	11.39	$13,632
Jun 2008	140	131.33	13.03	$18,386
May 2008	127	123.17	11.57	$15,643
Apr 2008	415	110.31	10.45	$45,779
Mar 2008	176	101.90	9.66	$17,934
Feb 2008	177	92.53	8.77	$16,378
Jan 2008	173	90.38	8.21	$15,636
Dec 2007	342	88.33	7.30	$30,209
Nov 2007	1,337	91.67	7.29	$122,563
Oct 2007	1,375	82.85	6.92	$113,919
Sep 2007	138	75.84	6.24	$10,466
Aug 2007	686	69.06	6.39	$47,375
Jul 2007	185	70.90	6.39	$13,117
Jun 2007	0	62.00	7.55	$0
May 2007	0	58.74	7.85	$0
Apr 2007	0	59.61	7.81	$0
Mar 2007	0	56.92	7.30	$0
Feb 2007	196	55.10	8.22	$10,800
Jan 2007	0	50.30	6.73	$0
Dec 2006	0	56.65	6.92	$0
Nov 2006	138	54.20	7.62	$7,480
Oct 2006	0	54.90	6.01	$0
Sep 2006	0	60.08	5.04	$0
Aug 2006	0	68.71	7.34	$0
Jul 2006	0	69.37	6.34	$0
Jun 2006	0	66.28	6.38	$0
May 2006	176	66.01	6.42	$11,618
Apr 2006	0	64.39	7.36	$0
Mar 2006	172	56.70	7.08	$9,752
Feb 2006	0	57.59	7.75	$0
Jan 2006	0	60.59	8.93	$0
Dec 2005	0	54.94	13.42	$0
Nov 2005	0	54.69	10.59	$0
Oct 2005	136	58.34	13.80	$7,934
Sep 2005	0	61.45	12.08	$0
Aug 2005	0	61.51	9.80	$0
Jul 2005	0	55.69	7.84	$0
Jun 2005	108	52.33	7.38	$5,652
May 2005	0	45.22	6.65	$0
Apr 2005	156	49.20	7.36	$7,675
Mar 2005	0	50.37	7.15	$0
Feb 2005	173	45.22	6.31	$7,823
Jan 2005	0	43.16	6.32	$0
Dec 2004	0	39.86	6.75	$0
Nov 2004	152	45.28	6.33	$6,883
Oct 2004	160	49.70	6.52	$7,952
Sep 2004	0	43.24	5.28	$0
Aug 2004	167	42.37	5.55	$7,076
Jul 2004	0	38.28	6.08	$0
Jun 2004	143	36.10	6.43	$5,162
May 2004	0	37.48	6.49	$0
Apr 2004	0	34.47	5.86	$0
Mar 2004	130	34.36	5.53	$4,467
Feb 2004	0	32.45	5.51	$0
Jan 2004	0	32.03	6.30	$0
Dec 2003	0	30.26	6.30	$0
Nov 2003	0	28.80	4.60	$0
Oct 2003	0	28.17	4.76	$0
Sep 2003	154	26.31	4.75	$4,052
Aug 2003	175	29.76	5.13	$5,208
Jul 2003	80	29.41	5.17	$2,353
Jun 2003	0	28.56	5.98	$0
May 2003	0	26.59	5.97	$0
Apr 2003	0	26.67	5.41	$0
Mar 2003	175	31.14	6.10	$5,450
Feb 2003	0	33.48	7.93	$0
Jan 2003	177	30.31	5.58	$5,365
Dec 2002	0	26.91	4.85	$0
Nov 2002	145	24.66	4.14	$3,576
Oct 2002	0	26.46	4.23	$0
Sep 2002	0	27.44	3.64	$0
Aug 2002	0	25.96	3.16	$0
Jul 2002	0	24.58	3.06	$0
Jun 2002	153	23.73	3.34	$3,631
May 2002	0	24.66	3.58	$0
Apr 2002	0	23.65	3.51	$0
Mar 2002	0	22.00	3.10	$0
Feb 2002	86	18.22	2.38	$1,567
Jan 2002	178	17.17	2.38	$3,056
Dec 2001	0	16.93	2.36	$0
Nov 2001	133	18.07	2.41	$2,403
Oct 2001	154	19.78	2.53	$3,046
Sep 2001	105	24.26	2.25	$2,547
Aug 2001	164	24.87	3.05	$4,079
Jul 2001	156	23.93	3.20	$3,733
Jun 2001	182	24.56	3.82	$4,470
May 2001	174	25.52	4.31	$4,440
Apr 2001	90	24.68	5.34	$2,221
Mar 2001	0	24.54	5.38	$0
Feb 2001	144	27.75	5.77	$3,996
Jan 2001	0	27.47	8.40	$0
Dec 2000	230	26.88	9.12	$6,182
Nov 2000	0	32.21	5.66	$0
Oct 2000	186	31.23	5.15	$5,809
Sep 2000	0	31.87	5.19	$0
Aug 2000	159	29.64	4.54	$4,713
Jul 2000	0	28.53	4.09	$0
Jun 2000	149	29.30	4.40	$4,366
May 2000	163	27.26	3.68	$4,443
Apr 2000	0	24.51	3.12	$0
Mar 2000	148	28.42	2.86	$4,206
Feb 2000	0	27.62	2.73	$0
Jan 2000	0	25.27	2.48	$0
Dec 1999	0	24.28	2.42	$0
Nov 1999	0	23.19	2.43	$0
Oct 1999	0	20.98	2.80	$0
Sep 1999	60	21.75	2.62	$1,305
Aug 1999	0	19.26	2.88	$0
Jul 1999	0	17.89	2.37	$0
Jun 1999	0	15.94	2.36	$0
May 1999	0	15.79	2.32	$0
Apr 1999	0	15.10	2.21	$0
Mar 1999	145	12.47	1.84	$1,808
Feb 1999	186	9.98	1.82	$1,856
Jan 1999	189	10.38	1.90	$1,962
Dec 1998	0	9.20	1.77	$0
Nov 1998	164	10.89	2.19	$1,786
Oct 1998	405	12.42	1.97	$5,030
Sep 1998	0	12.59	2.08	$0
Aug 1998	0	11.30	1.91	$0
Jul 1998	338	11.74	2.24	$3,968
Jun 1998	176	11.24	2.24	$1,978
May 1998	163	12.62	2.21	$2,057
Apr 1998	0	13.04	2.51	$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.

Dec 2008 — as filed, then multipliedworked

Oil                  147 bbl  × $ 37.10 =     $5,454

────────────────────────────────────────────────────
Month total                                   $5,454

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. 09/O/29555 is the state's own key, not one this site invented.