SUGG FARMAR "27"

Operated by TXP, INCORPORATED (P-5 875395) 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 240488District 7CField 870185512 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.8 M
Jul 2008 – Feb 2019
Value, last 12 filed months
$7 k
at the published price for each month
Months reported
128
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 Gas112009-02-25189742
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
CondensateDisposition3,221 bbl$239,984
GasProduction309,215 Mcf$1,580,838
Total$1,820,822

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 31.4608, -100.9767. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.46076, -100.97672 · 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
7,124 ft
1 wells filed one
Completion to plug
10.6 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 7,124 ft.

Completions filed
Jul 2008
1 of 1 wells
Plug dates filed
Feb 2019
1 of 1 wells

Last completion to plug: a median of 10.6 years across the 1 well that filed both dates, with the middle half between 10.6 years and 10.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2353426617,124 ftJul 2008Feb 2019Yes

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 (128)

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

128 months

Feb 20190050.852.79$0
Jan 20191146.033.23$49
Dec 20180046.594.19$0
Nov 201809552.934.24$403
Oct 201808461.443.40$285
Sep 2018138959.543.11$1,051
Aug 201809159.403.07$279
Jul 2018011765.142.93$343
Jun 201808260.183.08$252
May 2018144365.382.90$1,350
Apr 2018045163.842.90$1,308
Mar 2018052661.222.79$1,466
Feb 20181880361.782.77$3,333
Jan 20181892262.874.01$4,828
Dec 2017097957.272.92$2,860
Nov 20171791555.423.12$3,795
Oct 201711,00349.292.98$3,042
Sep 2017221,00247.523.09$4,139
Aug 20171890045.373.00$3,521
Jul 2017199343.873.09$3,110
Jun 20171899442.493.09$3,834
May 2017171,04945.373.26$4,195
Apr 201751,07347.933.21$3,686
Mar 2017181,12046.772.98$4,184
Feb 2017191,02450.452.95$3,982
Jan 201701,12249.413.42$3,836
Dec 2016191,15748.763.72$5,234
Nov 2016181,00242.492.64$3,414
Oct 2016191,16246.193.09$4,468
Sep 201601,14741.553.10$3,556
Aug 2016181,17441.442.92$4,179
Jul 2016191,16741.622.92$4,203
Jun 201601,18945.352.69$3,193
May 2016191,19642.521.99$3,189
Apr 2016191,16536.561.99$3,014
Mar 2016191,22033.011.79$2,816
Feb 2016181,15926.472.06$2,868
Jan 2016171,27027.352.36$3,468
Dec 2015171,27232.362.00$3,096
Nov 201501,24738.792.17$2,703
Oct 2015181,34043.552.43$4,036
Sep 2015181,29542.992.76$4,346
Aug 2015181,38340.162.87$4,696
Jul 2015181,40648.152.95$5,007
Jun 201501,45056.152.88$4,180
May 2015351,55655.212.96$6,531
Apr 201501,21149.822.71$3,278
Mar 20151769842.892.93$2,778
Feb 20151892744.662.98$3,563
Jan 2015191,23543.433.10$4,654
Dec 2014191,38854.693.59$6,024
Nov 2014181,34570.464.25$6,987
Oct 2014161,43978.303.90$6,866
Sep 2014181,36586.164.05$7,073
Aug 2014371,49989.394.04$9,356
Jul 2014181,50896.564.18$8,041
Jun 2014361,42598.164.74$10,284
May 201401,53294.734.73$7,241
Apr 2014181,47295.944.81$8,806
Mar 2014181,51495.895.06$9,382
Feb 2014371,38297.406.19$12,161
Jan 2014191,21290.404.86$7,609
Dec 201301,33091.824.35$5,791
Nov 2013181,30088.853.74$6,459
Oct 2013361,49297.423.78$9,146
Sep 2013181,301104.113.72$6,711
Aug 2013181,529104.253.52$7,263
Jul 2013181,586102.523.72$7,742
Jun 2013181,57094.403.93$7,875
May 2013181,73994.834.15$8,922
Apr 2013361,61093.964.28$10,278
Mar 2013171,80793.623.91$8,662
Feb 2013181,65191.233.42$7,288
Jan 2013362,00891.603.42$10,165
Dec 2012182,16586.773.42$8,967
Nov 2012182,25486.953.62$9,736
Oct 2012382,51689.383.40$11,950
Sep 2012182,51194.672.92$9,032
Aug 2012362,32292.662.91$10,089
Jul 20121879985.133.02$3,946
Jun 20123697279.822.52$5,322
May 20121841491.612.49$2,679
Apr 2012362101.652.00$3,663
Mar 201218159105.052.22$2,244
Feb 201237736101.102.57$5,632
Jan 2012371,58298.092.73$7,955
Dec 2011181,14296.873.24$5,443
Nov 2011181,52595.723.31$6,773
Oct 2011361,65884.983.65$9,109
Sep 2011191,54483.623.99$7,743
Aug 2011191,77483.404.15$8,945
Jul 2011181,73294.144.52$9,518
Jun 2011361,73692.904.64$11,399
May 2011371,65798.134.40$10,930
Apr 2011381,450105.964.33$10,310
Mar 2011381,80796.364.06$10,993
Feb 201101,64385.644.18$6,868
Jan 2011371,54786.504.59$10,299
Dec 2010561,78085.734.35$12,540
Nov 2010191,98580.843.80$9,070
Oct 2010352,31378.103.51$10,850
Sep 2010362,35772.633.98$11,994
Aug 2010182,35273.684.42$11,721
Jul 2010372,38972.554.74$14,000
Jun 2010373,03670.364.91$17,511
May 2010373,17471.124.24$16,074
Apr 2010373,12181.694.12$15,889
Mar 2010373,29978.394.39$17,379
Feb 2010363,04873.585.44$19,237
Jan 2010373,64974.365.96$24,514
Dec 2009374,05971.445.48$24,902
Nov 2009364,24374.593.75$18,603
Oct 2009544,67572.544.11$23,133
Sep 2009544,84665.543.06$18,391
Aug 2009365,39467.423.22$19,788
Jul 2009545,78361.133.46$23,336
Jun 2009366,09566.163.90$26,122
May 2009726,66954.743.93$30,122
Apr 2009927,23146.773.59$30,244
Mar 2009306,90842.144.06$29,304
Feb 2009497,50132.814.63$36,360
Jan 2009347,07935.865.37$39,241
Dec 2008917,42737.105.98$47,768
Nov 20087410,25255.496.86$74,439
Oct 20088813,66775.246.92$101,224
Sep 20087416,957101.767.88$141,102
Aug 200819125,563114.228.48$238,667
Jul 2008015,806131.0811.39$180,021

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.

Jan 2019 — as filed, then multipliedworked
Condensate             1 bbl  × $ 46.03 =        $46
Gas                    1 Mcf  × $  3.23 =         $3

────────────────────────────────────────────────────
Month total                                      $49

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/240488 is the state's own key, not one this site invented.