SUGG "67"

Operated by EXCO/HGI JV ASSETS, LLC (P-5 256928) 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 212270District 7CField 870185512 tax incentive programmesCondensateGasSaveExport
Value, all time
$740 k
Sep 2005 – Mar 2014
Value, last 12 filed months
$0
at the published price for each month
Months reported
103
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

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas112006-01-31167049
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
CondensateDisposition43 bbl$2,689
GasProduction87,360 Mcf$737,321
Total$740,011

Wells on this lease (1)

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 31.5092, -101.0732. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.50923, -101.07319 · 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%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
7,464 ft
1 wells filed one
Completion to plug
8.5 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
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

The one well that filed a depth was drilled to 7,464 ft.

Completions filed
Sep 2005
1 of 1 wells
Plug dates filed
Mar 2014
1 of 1 wells

Last completion to plug: a median of 8.5 years across the 1 well that filed both dates, with the middle half between 8.5 years and 8.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2353392327,464 ftSep 2005Mar 2014Yes

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 (103)

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

103 months

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 20100280.843.80$8
Oct 20100078.103.51$0
Sep 2010033172.633.98$1,317
Aug 2010037873.684.42$1,671
Jul 2010038572.554.74$1,824
Jun 2010038770.364.91$1,900
May 2010039671.124.24$1,677
Apr 2010038981.694.12$1,604
Mar 2010042078.394.39$1,843
Feb 2010337673.585.44$2,267
Jan 2010043574.365.96$2,594
Dec 2009045171.445.48$2,473
Nov 2009044774.593.75$1,677
Oct 2009046572.544.11$1,911
Sep 2009045965.543.06$1,407
Aug 2009047567.423.22$1,529
Jul 2009048261.133.46$1,670
Jun 2009047666.163.90$1,854
May 2009048454.743.93$1,900
Apr 20091956946.773.59$2,930
Mar 2009061642.144.06$2,500
Feb 2009071432.814.63$3,308
Jan 2009082435.865.37$4,426
Dec 2008084337.105.98$5,039
Nov 2008082355.496.86$5,646
Oct 20082188675.246.92$7,713
Sep 20080854101.767.88$6,727
Aug 20080904114.228.48$7,669
Jul 20080912131.0811.39$10,387
Jun 20080906131.3313.03$11,808
May 20080971123.1711.57$11,239
Apr 20080960110.3110.45$10,037
Mar 200801,012101.909.66$9,780
Feb 2008097892.538.77$8,578
Jan 200801,07290.388.21$8,797
Dec 200701,11388.337.30$8,127
Nov 200701,11391.677.29$8,116
Oct 200701,18582.856.92$8,203
Sep 200701,21775.846.24$7,599
Aug 200701,31069.066.39$8,368
Jul 200701,29570.906.39$8,272
Jun 200701,20662.007.55$9,103
May 200701,30658.747.85$10,247
Apr 200701,31159.617.81$10,233
Mar 200701,43456.927.30$10,471
Feb 200701,33755.108.22$10,985
Jan 200701,53650.306.73$10,332
Dec 200601,60856.656.92$11,125
Nov 200601,67554.207.62$12,759
Oct 200601,84354.906.01$11,083
Sep 200601,86760.085.04$9,404
Aug 200602,06068.717.34$15,120
Jul 200602,20269.376.34$13,967
Jun 200602,25466.286.38$14,389
May 200602,53366.016.42$16,275
Apr 200602,50864.397.36$18,460
Mar 200602,92556.707.08$20,718
Feb 200603,08257.597.75$23,889
Jan 200603,93760.598.93$35,170
Dec 200504,66554.9413.42$62,583
Nov 200504,93654.6910.59$52,264
Oct 200505,93458.3413.80$81,864
Sep 200506,88661.4512.08$83,176

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 2010 — as filed, then multipliedworked
Condensate             0 bbl  × $ 80.84 =         $0
Gas                    2 Mcf  × $  3.80 =         $8

────────────────────────────────────────────────────
Month total                                       $8

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/212270 is the state's own key, not one this site invented.