SUGG, E. 21

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

Oil lease lease 10240District 7CField 02718400NGPA filingOilCasinghead gasSaveExport
Value, all time
$134 k
Jan 1993 – Aug 2010
Value, last 12 filed months
$13 k
at the published price for each month
Months reported
212
no gaps in the span
Streams
2
oil, casinghead 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 201 leases and 267 wells, and the rule below applies to all of them.

Discovered
1977-05-13
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 80 acres. The field rule took effect on 1993-12-13.

The Commission's schedule remark for this field reads: RULES CORRECTED FROM OPTIONAL 80 A TO OPTIONAL 160AC 5/14/02 GN

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
NGPA6none

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
OilDisposition3,537 bbl$99,615
Casinghead gasProduction21,145 Mcf$34,443
Total$134,057

11,475 Mcf of this lease's gas, across 46 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.

Wells on this lease (2)

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 31.3915, -101.0640. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.6 miles.

31.39155, -101.06396 · 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%
2 of 2 wells
With a plug date
100.0%
2 of 2 wells
Median depth
7,775 ft
2 wells filed one
Completion to plug
18.1 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
2100.0%
A plug date is filed
2100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
2100.0%
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

Between 7,767 and 7,783 ft, median 7,775 ft, over the 2 wells that filed a depth.

Completions filed
Oct 1980 – Sep 1982
2 of 2 wells
Plug dates filed
Apr 1989 – Apr 2010
2 of 2 wells

Last completion to plug: a median of 18.1 years across the 2 wells that filed both dates, with the middle half between 13.3 years and 22.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-2353156127,783 ftSep 1982Apr 2010Yes
42-2353142617,767 ftOct 1980Apr 1989Yes

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 (212)

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

212 months

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 201085074.365.96$6,321
Dec 20090071.445.48$0
Nov 200992074.593.75$6,862
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 200701156.927.30$80
Feb 200704255.108.22$345
Jan 200706550.306.73$437
Dec 20060356.656.92$21
Nov 20061754.207.62$108
Oct 200602854.906.01$168
Sep 20060060.085.04$0
Aug 20061968.717.34$135
Jul 20060669.376.34$38
Jun 200602366.286.38$147
May 20061761966.016.42$11,740
Apr 200601864.397.36$132
Mar 20060656.707.08$43
Feb 200601157.597.75$85
Jan 200602160.598.93$188
Dec 200512554.9413.42$390
Nov 200502954.6910.59$307
Oct 200504058.3413.80$552
Sep 200505061.4512.08$604
Aug 200507261.519.80$705
Jul 20051713855.697.84$9,821
Jun 200503152.337.38$229
May 200513245.226.65$258
Apr 200501849.207.36$132
Mar 200502450.377.15$172
Feb 200501245.226.31$76
Jan 200501543.166.32$95
Dec 200411639.866.75$148
Nov 200402745.286.33$171
Oct 200402849.706.52$182
Sep 200402543.245.28$132
Aug 20041774242.375.55$7,733
Jul 200403638.286.08$219
Jun 200404336.106.43$277
May 200404137.486.49$266
Apr 200404534.475.86$264
Mar 200403034.365.53$166
Feb 200423332.455.51$247
Jan 200402932.036.30$183
Dec 200303130.266.30$195
Nov 200303628.804.60$165
Oct 20031814528.174.76$5,313
Sep 200304426.314.75$209
Aug 200304829.765.13$246
Jul 200303629.415.17$186
Jun 200302328.565.98$138
May 200304826.595.97$287
Apr 200304926.675.41$265
Mar 200303831.146.10$232
Feb 200303333.487.93$262
Jan 200318812930.315.58$6,418
Dec 200206626.914.85$320
Nov 200208324.664.14$343
Oct 200208226.464.23$347
Sep 200205227.443.64$189
Aug 200209225.963.16$291
Jul 200208524.583.06$260
Jun 200204923.733.34$164
May 200206624.663.58$237
Apr 200202923.653.51$102
Mar 200205022.003.10$155
Feb 20021805618.222.38$3,413
Jan 200206617.172.38$157
Dec 200106116.932.36$144
Nov 200105118.072.41$123
Oct 200109219.782.53$233
Sep 2001011224.262.25$252
Aug 200109624.873.05$293
Jul 2001010923.933.20$348
Jun 200109524.563.82$363
May 200106425.524.31$276
Apr 20011796124.685.34$4,743
Mar 2001014124.545.38$758
Feb 200128027.755.77$517
Jan 200109727.478.40$815
Dec 200007126.889.12$648
Nov 2000010332.215.66$583
Oct 200001531.235.15$77
Sep 200001031.875.19$52
Aug 200004029.644.54$182
Jul 20001797728.534.09$5,422
Jun 200006429.304.40$281
May 2000013627.263.68$500
Apr 2000015424.513.12$480
Mar 2000016028.422.86$458
Feb 2000011227.622.73$305
Jan 200008225.272.48$203
Dec 199902824.282.42$68
Nov 19991807423.192.43$4,354
Oct 199906720.982.80$188
Sep 199908921.752.62$233
Aug 1999011919.262.88$342
Jul 1999013317.892.37$316
Jun 199908015.942.36$189
May 1999011715.792.32$272
Apr 199918023115.102.21$3,228
Mar 1999026612.471.84$489
Feb 199901169.981.82$211
Jan 1999022710.381.90$431
Dec 199801529.201.77$270
Nov 1998018010.892.19$393
Oct 1998011612.421.97$228
Sep 1998015012.592.08$312
Aug 1998011111.301.91$212
Jul 199817911111.742.24$2,350
Jun 1998015411.242.24$345
May 1998011112.622.21$245
Apr 1998014113.042.51$353
Mar 1998021712.802.31$501
Feb 1998014013.952.30$322
Jan 1998019814.702.15$427
Dec 1997016816.322.41$405
Nov 1997013718.193.09$423
Oct 19971838719.253.15$3,797
Sep 1997017217.742.95$508
Aug 199706117.862.55$156
Jul 1997013117.582.25$294
Jun 1997015717.242.26$354
May 1997022418.972.31$517
Apr 1997015817.882.08$329
Mar 1997014618.951.94$283
Feb 1997017620.492.21$388
Jan 199717925623.483.54$5,109
Dec 1996020923.32$0
Nov 1996026221.97$0
Oct 1996029823.31$0
Sep 1996027922.22$0
Aug 1996025820.26$0
Jul 1996024819.55$0
Jun 1996021618.73$0
May 199617626319.43$3,420
Apr 1996018021.51$0
Mar 1996023519.38$0
Feb 1996026516.98$0
Jan 1996022717.07$0
Dec 1995022617.19$0
Nov 1995029816.00$0
Oct 199516526915.43$2,546
Sep 1995040916.18$0
Aug 199508815.92$0
Jul 199508715.24$0
Jun 19950016.41$0
May 1995012617.56$0
Apr 1995020717.73$0
Mar 1995027516.44$0
Feb 1995024316.58$0
Jan 199517125215.92$2,722
Dec 1994032615.03$0
Nov 19940015.90$0
Oct 1994023315.58$0
Sep 1994024915.29$0
Aug 1994028216.13$0
Jul 1994026217.56$0
Jun 1994025817.09$0
May 199416828115.88$2,668
Apr 1994029014.14$0
Mar 1994028512.46$0
Feb 1994023912.50$0
Jan 1994028912.66$0
Dec 1993024512.33$0
Nov 1993026714.49$0
Oct 199317621215.85$2,790
Sep 1993021415.03$0
Aug 1993022615.66$0
Jul 1993024815.46$0
Jun 1993023516.79$0
May 1993027317.68$0
Apr 199316327218.05$2,942
Mar 1993028918.14$0
Feb 1993028417.90$0
Jan 1993029616.93$0

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 2010 — as filed, then multipliedworked
Oil                   85 bbl  × $ 74.36 =     $6,321
Casinghead gas         0 Mcf  × $  5.96 =         $0

────────────────────────────────────────────────────
Month total                                   $6,321

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/O/10240 is the state's own key, not one this site invented.