SUGG "E"

Operated by INDEPENDENCE RESOURCES MGMT, LLC (P-5 423716) in the SUGG RANCH (CANYON) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 140113District 7CField 87018551CondensateGasSaveExport
Value, all time
$422 k
Jan 1993 – Nov 2019
Value, last 12 filed months
$0
at the published price for each month
Months reported
323
no gaps in the span
Streams
2
condensate, 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 116 leases and 861 wells, and the rule below applies to all of them.

Discovered
1987-05-17
as the register files it
Field class
Oil and gas
the register's own label
Between wells
933 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 1992-04-01.

The Commission's schedule remark for this field reads: EFF 10-01-19

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
CondensateDisposition2,952 bbl$57,519
GasProduction244,241 Mcf$364,330
Total$421,849

146,608 Mcf of this lease's gas, across 48 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

Every month this lease reported (323)

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

323 months

Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 200416045.286.33$724
Oct 2004521,25849.706.52$10,780
Sep 20045043.245.28$216
Aug 2004595242.375.55$5,496
Jul 2004096438.286.08$5,865
Jun 2004793136.106.43$6,242
May 2004101,04337.486.49$7,149
Apr 2004099634.475.86$5,835
Mar 2004101,01234.365.53$5,940
Feb 2004997632.455.51$5,669
Jan 2004896732.036.30$6,348
Dec 200382,08130.266.30$13,356
Nov 200301,91428.804.60$8,795
Oct 20039028.174.76$254
Sep 2003101,90726.314.75$9,320
Aug 200391,06329.765.13$5,721
Jul 2003101,09329.415.17$5,946
Jun 200301,06828.565.98$6,390
May 2003101,08626.595.97$6,752
Apr 2003101,05626.675.41$5,977
Mar 20031089031.146.10$5,737
Feb 20031081533.487.93$6,794
Jan 20031188930.315.58$5,296
Dec 2002111,11126.914.85$5,689
Nov 2002111,09224.664.14$4,789
Oct 2002101,40426.464.23$6,202
Sep 2002101,40327.443.64$5,375
Aug 2002101,49125.963.16$4,977
Jul 2002101,14624.583.06$3,755
Jun 200291,01323.733.34$3,595
May 200291,04024.663.58$3,949
Apr 200291,08623.653.51$4,027
Mar 200291,10122.003.10$3,614
Feb 20021099918.222.38$2,556
Jan 2002221,16617.172.38$3,148
Dec 2001111,19616.932.36$3,014
Nov 200191,03118.072.41$2,643
Oct 200181,05119.782.53$2,816
Sep 200181,05824.262.25$2,576
Aug 2001101,19424.873.05$3,894
Jul 2001121,40623.933.20$4,782
Jun 20011189024.563.82$3,674
May 2001996625.524.31$4,391
Apr 20012187124.685.34$5,165
Mar 2001987024.545.38$4,898
Feb 20011082427.755.77$5,030
Jan 20011893927.478.40$8,381
Dec 20001092026.889.12$8,662
Nov 20002291732.215.66$5,897
Oct 2000897031.235.15$5,241
Sep 200091,01931.875.19$5,572
Aug 2000261,11029.644.54$5,811
Jul 20001190428.534.09$4,011
Jun 20001468229.304.40$3,409
May 20002176927.263.68$3,402
Apr 20001182324.513.12$2,834
Mar 20001075628.422.86$2,446
Feb 20001370627.622.73$2,284
Jan 2000867425.272.48$1,874
Dec 1999770424.282.42$1,876
Nov 19992667223.192.43$2,239
Oct 19991461520.982.80$2,018
Sep 1999960621.752.62$1,783
Aug 19991172319.262.88$2,291
Jul 19992068917.892.37$1,992
Jun 199961,04115.942.36$2,555
May 1999111,22115.792.32$3,008
Apr 1999101,27015.102.21$2,955
Mar 1999111,01712.471.84$2,007
Feb 1999119589.981.82$1,851
Jan 1999131,00510.381.90$2,044
Dec 1998158679.201.77$1,675
Nov 19981175910.892.19$1,779
Oct 1998101,17412.421.97$2,436
Sep 1998698412.592.08$2,125
Aug 199881,47211.301.91$2,898
Jul 1998151,45511.742.24$3,431
Jun 1998171,40111.242.24$3,326
May 1998141,46012.622.21$3,398
Apr 1998121,57613.042.51$4,105
Mar 199891,07612.802.31$2,600
Feb 199881,16113.952.30$2,781
Jan 1998191,49314.702.15$3,496
Dec 1997281,53316.322.41$4,153
Nov 1997121,06018.193.09$3,492
Oct 19971566719.253.15$2,390
Sep 1997880217.742.95$2,512
Aug 19971298617.862.55$2,733
Jul 1997780617.582.25$1,934
Jun 1997990417.242.26$2,196
May 19971287618.972.31$2,250
Apr 19971595317.882.08$2,253
Mar 1997231,66718.951.94$3,668
Feb 1997211,12720.492.21$2,916
Jan 1997321,29423.483.54$5,332
Dec 1996321,26423.32$746
Nov 1996311,12021.97$681
Oct 1996231,56823.31$536
Sep 1996241,26522.22$533
Aug 1996251,53020.26$507
Jul 1996201,24919.55$391
Jun 1996271,46518.73$506
May 1996281,50519.43$544
Apr 1996241,15721.51$516
Mar 1996171,33819.38$329
Feb 1996880216.98$136
Jan 1996321,08217.07$546
Dec 1995261,39317.19$447
Nov 199551,75516.00$80
Oct 1995151,28715.43$231
Sep 1995161,50716.18$259
Aug 199571,32715.92$111
Jul 1995291,10315.24$442
Jun 1995431,78216.41$706
May 1995312,75117.56$544
Apr 1995352,71817.73$621
Mar 1995281,82716.44$460
Feb 1995251,86816.58$415
Jan 1995402,42815.92$637
Dec 1994462,68915.03$691
Nov 1994281,30215.90$445
Oct 1994311,97515.58$483
Sep 1994461,75015.29$703
Aug 1994412,24516.13$661
Jul 1994442,26117.56$773
Jun 1994371,90617.09$632
May 1994592,20115.88$937
Apr 1994311,42914.14$438
Mar 1994332,63812.46$411
Feb 1994502,89512.50$625
Jan 1994524,41212.66$658
Dec 1993494,75212.33$604
Nov 1993564,18314.49$811
Oct 1993466,80815.85$729
Sep 1993466,14915.03$691
Aug 1993406,49415.66$626
Jul 1993569,01415.46$866
Jun 1993763,34016.79$1,276
May 1993707,55917.68$1,238
Apr 1993728,66618.05$1,300
Mar 1993864,84318.14$1,560
Feb 1993669,66117.90$1,181
Jan 19936510,34516.93$1,100

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.

Nov 2004 — as filed, then multipliedworked
Condensate            16 bbl  × $ 45.28 =       $724
Gas                    0 Mcf  × $  6.33 =         $0

────────────────────────────────────────────────────
Month total                                     $724

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. 7C/G/140113 is the state's own key, not one this site invented.