SUGG 1903 "A"

Operated by MEADCO PROPERTIES (P-5 556500) in the TOM KETCHUM (WOLFCAMP REEF) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 277426District 7CField 90497475CondensateGasSaveExport
Value, all time
$23 k
May 2015 – Mar 2021
Value, last 12 filed months
$0
at the published price for each month
Months reported
71
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 2 leases and 2 wells, and the rule below applies to all of them.

Discovered
2000-02-09
as the register files it
Field class
Oil and gas
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.

StreamBasisVolumeValue
CondensateDisposition1 bbl$55
GasProduction8,176 Mcf$22,836
Total$22,891

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 31.3739, -101.0016. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.37388, -101.00162 · 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
7,476 ft
1 wells filed one
Completion to plug
21.1 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 7,476 ft.

Completions filed
Feb 2000
1 of 1 wells
Plug dates filed
Mar 2021
1 of 1 wells

Last completion to plug: a median of 21.1 years across the 1 well that filed both dates, with the middle half between 21.1 years and 21.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2353377917,476 ftFeb 2000Mar 2021Yes

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 (71)

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

71 months

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 20200757.252.09$15
Dec 201901759.012.30$39
Nov 201901955.302.75$52
Oct 201901953.472.42$46
Sep 201912455.052.66$119
Aug 201903053.112.30$69
Jul 201903556.272.46$86
Jun 201903552.782.49$87
May 201903258.482.74$88
Apr 201904262.632.75$116
Mar 201903656.803.06$110
Feb 201902950.852.79$81
Jan 201902646.033.23$84
Dec 201802146.594.19$88
Nov 201802952.934.24$123
Oct 201803361.443.40$112
Sep 201802959.543.11$90
Aug 201803059.403.07$92
Jul 201803565.142.93$103
Jun 201803360.183.08$102
May 201802465.382.90$70
Apr 201802463.842.90$70
Mar 201802061.222.79$56
Feb 201802161.782.77$58
Jan 201803962.874.01$156
Dec 2017015757.272.92$459
Nov 2017016555.423.12$515
Oct 2017026349.292.98$785
Sep 2017020847.523.09$642
Aug 2017025545.373.00$766
Jul 2017022443.873.09$692
Jun 2017012642.493.09$389
May 2017015745.373.26$512
Apr 2017021247.933.21$681
Mar 2017016046.772.98$477
Feb 2017016050.452.95$472
Jan 2017024249.413.42$827
Dec 2016018648.763.72$692
Nov 2016015842.492.64$418
Oct 2016020046.193.09$618
Sep 2016022841.553.10$707
Aug 2016016641.442.92$485
Jul 2016022741.622.92$664
Jun 2016022745.352.69$610
May 2016017842.521.99$354
Apr 2016025436.561.99$506
Mar 2016030033.011.79$538
Feb 2016027226.472.06$561
Jan 2016013427.352.36$317
Dec 2015012432.362.00$248
Nov 2015026538.792.17$574
Oct 2015035943.552.43$871
Sep 2015046942.992.76$1,294
Aug 2015018540.162.87$531
Jul 2015034848.152.95$1,025
Jun 2015062756.152.88$1,808
May 2015025155.212.96$742

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 2020 — as filed, then multipliedworked
Condensate             0 bbl  × $ 57.25 =         $0
Gas                    7 Mcf  × $  2.09 =        $15

────────────────────────────────────────────────────
Month total                                      $15

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/277426 is the state's own key, not one this site invented.