SUGG "3"

Operated by COMPASS ENERGY OPERATING, LLC (P-5 169751) in the SPRABERRY (TREND AREA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 229306District 7CField 852792002 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.4 M
Apr 2007 – May 2023
Value, last 12 filed months
$16
at the published price for each month
Months reported
194
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 7,461 leases and 22,481 wells, and the rule below applies to all of them.

Discovered
1904-12-31
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 2016-03-08.

The Commission's schedule remark for this field reads: AREA) 85279200.

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 Gas112009-05-28181867
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
CondensateDisposition4,362 bbl$342,745
GasProduction323,930 Mcf$2,074,714
Total$2,417,459

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 31.4874, -101.0220. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.48738, -101.02199 · 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
7,250 ft
1 wells filed one
Completion to plug
16.1 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 7,250 ft.

Completions filed
Apr 2007
1 of 1 wells
Plug dates filed
May 2023
1 of 1 wells

Last completion to plug: a median of 16.1 years across the 1 well that filed both dates, with the middle half between 16.1 years and 16.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-23534062107,250 ftApr 2007May 2023Yes

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 (194)

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

194 months

May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202202115.097.98$16
May 202204109.378.43$34
Apr 202202104.226.84$14
Mar 202202108.885.08$10
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20191059.012.30$59
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 20193052.782.49$158
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20196050.852.79$305
Jan 20190046.033.23$0
Dec 20182630946.594.19$2,505
Nov 2018042852.934.24$1,814
Oct 2018048161.443.40$1,634
Sep 20181848859.543.11$2,588
Aug 2018142659.403.07$1,366
Jul 2018037265.142.93$1,091
Jun 20182235860.183.08$2,426
May 2018036465.382.90$1,056
Apr 2018030063.842.90$870
Mar 20182429861.222.79$2,300
Feb 2018025761.782.77$711
Jan 20182327562.874.01$2,549
Dec 2017025957.272.92$757
Nov 20172128455.423.12$2,049
Oct 20172238749.292.98$2,239
Sep 2017041547.523.09$1,281
Aug 2017038645.373.00$1,160
Jul 20171533243.873.09$1,683
Jun 2017035042.493.09$1,081
May 2017544945.373.26$1,692
Apr 2017030847.933.21$989
Mar 2017415946.772.98$661
Feb 2017013850.452.95$407
Jan 2017514249.413.42$733
Dec 2016714248.763.72$870
Nov 2016014042.492.64$370
Oct 2016015146.193.09$467
Sep 20161413041.553.10$985
Aug 2016015341.442.92$447
Jul 20161618341.622.92$1,201
Jun 2016012745.352.69$341
May 2016014742.521.99$293
Apr 2016912636.561.99$580
Mar 2016614333.011.79$455
Feb 2016014226.472.06$293
Jan 201649927.352.36$343
Dec 2015013332.362.00$266
Nov 2015812238.792.17$575
Oct 2015014643.552.43$354
Sep 20151316742.992.76$1,020
Aug 2015042140.162.87$1,209
Jul 20151346848.152.95$2,004
Jun 2015041256.152.88$1,188
May 20151337755.212.96$1,832
Apr 2015035549.822.71$961
Mar 20151337742.892.93$1,664
Feb 20151330844.662.98$1,497
Jan 2015034643.433.10$1,073
Dec 20141235554.693.59$1,931
Nov 20141336770.464.25$2,476
Oct 2014040678.303.90$1,584
Sep 20141241586.164.05$2,713
Aug 20141341789.394.04$2,845
Jul 2014044796.564.18$1,868
Jun 2014941898.164.74$2,863
May 20141350194.734.73$3,600
Apr 2014046195.944.81$2,217
Mar 20141549395.895.06$3,931
Feb 20141446497.406.19$4,237
Jan 20141354190.404.86$3,805
Dec 20131355791.824.35$3,619
Nov 20131450588.853.74$3,132
Oct 20131355297.423.78$3,353
Sep 20130553104.113.72$2,056
Aug 201314620104.253.52$3,644
Jul 201313635102.523.72$3,694
Jun 20131458794.403.93$3,631
May 20131665594.834.15$4,235
Apr 20131869593.964.28$4,668
Mar 20131766593.623.91$4,194
Feb 20131860591.233.42$3,711
Jan 20131764191.603.42$3,749
Dec 20121766386.773.42$3,743
Nov 20121768686.953.62$3,965
Oct 20121670989.383.40$3,840
Sep 2012061394.672.92$1,789
Aug 20121760892.662.91$3,343
Jul 20121468485.133.02$3,258
Jun 20121546079.822.52$2,356
May 20121483691.612.49$3,363
Apr 201218624101.652.00$3,076
Mar 201221801105.052.22$3,986
Feb 201220838101.102.57$4,176
Jan 20121695498.092.73$4,178
Dec 20111696796.873.24$4,683
Nov 20113692795.723.31$6,515
Oct 20111499384.983.65$4,813
Sep 20111067783.623.99$3,535
Aug 20111167183.404.15$3,702
Jul 20111572694.144.52$4,692
Jun 2011201,08692.904.64$6,897
May 2011211,07998.134.40$6,814
Apr 2011241,058105.964.33$7,128
Mar 2011521,05196.364.06$9,275
Feb 20112292585.644.18$5,751
Jan 2011181,26186.504.59$7,343
Dec 2010351,44885.734.35$9,296
Nov 2010161,52980.843.80$7,097
Oct 2010141,70078.103.51$7,059
Sep 2010431,41272.633.98$8,742
Aug 2010241,31973.684.42$7,597
Jul 2010281,27772.554.74$8,080
Jun 2010291,51170.364.91$9,460
May 2010531,64671.124.24$10,741
Apr 2010271,54681.694.12$8,579
Mar 2010591,62778.394.39$11,765
Feb 2010671,66173.585.44$13,970
Jan 2010641,93674.365.96$16,306
Dec 2009631,98271.445.48$15,370
Nov 2009511,96174.593.75$11,161
Oct 2009221,79772.544.11$8,982
Sep 2009471,76065.543.06$8,474
Aug 2009462,05267.423.22$9,706
Jul 2009422,08261.133.46$9,781
Jun 2009392,15866.163.90$10,986
May 2009482,25854.743.93$11,492
Apr 2009622,18846.773.59$10,749
Mar 2009882,27442.144.06$12,938
Feb 2009672,15332.814.63$12,173
Jan 2009362,52235.865.37$14,837
Dec 2008732,64737.105.98$18,530
Nov 2008552,74555.496.86$21,884
Oct 2008553,05775.246.92$25,299
Sep 2008803,194101.767.88$33,300
Aug 2008643,599114.228.48$37,840
Jul 2008753,880131.0811.39$54,022
Jun 2008675,089131.3313.03$75,122
May 2008514,203123.1711.57$54,928
Apr 2008824,619110.3110.45$57,336
Mar 20081064,871101.909.66$57,875
Feb 20081103,33892.538.77$39,455
Jan 20081077,04690.388.21$67,488
Dec 20071018,46188.337.30$70,703
Nov 200719510,48491.677.29$94,322
Oct 200725544,21282.856.92$327,161
Sep 200712251,62275.846.24$331,589
Aug 200724625,56269.066.39$180,277
Jul 20072149,31370.906.39$74,663
Jun 200718410,85562.007.55$93,346
May 2007017,79458.747.85$139,617
Apr 200707,79859.617.81$60,865

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.

Jun 2022 — as filed, then multipliedworked
Condensate             0 bbl  × $115.09 =         $0
Gas                    2 Mcf  × $  7.98 =        $16

────────────────────────────────────────────────────
Month total                                      $16

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/229306 is the state's own key, not one this site invented.