SUGG 3063 "A"

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

Oil lease lease 14415District 7CField 54648475OilCasinghead gasSaveExport
Value, all time
$1.3 M
Jul 1996 – Sep 2005
Value, last 12 filed months
$9 k
at the published price for each month
Months reported
111
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 57 leases and 123 wells, and the rule below applies to all of them.

Discovered
1994-09-10
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

The Commission's schedule remark for this field reads: CONSOLIDATED INTO SPRABERRY (TREND AREA) FIELD (FIELD NO.

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
OilDisposition32,263 bbl$645,700
Casinghead gasProduction235,614 Mcf$654,884
Total$1,300,584

56,422 Mcf of this lease's gas, across 6 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 (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 31.3890, -100.9850. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.38897, -100.98502 · 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
7,475 ft
1 wells filed one
Completion to plug
20.8 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 7,475 ft.

Completions filed
Jul 1996
1 of 1 wells
Plug dates filed
May 2017
1 of 1 wells

Last completion to plug: a median of 20.8 years across the 1 well that filed both dates, with the middle half between 20.8 years and 20.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2353353727,475 ftJul 1996May 2017Yes

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 (111)

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

111 months

Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 2005162055.697.84$9,022
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 200402,02843.245.28$10,716
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 200402,54234.365.53$14,058
Feb 200402,64732.455.51$14,584
Jan 200423,03432.036.30$19,177
Dec 200302,82230.266.30$17,783
Nov 200322,57328.804.60$11,881
Oct 20031403,03928.174.76$18,408
Sep 200302,88526.314.75$13,702
Aug 200303,12929.765.13$16,051
Jul 200313,13229.415.17$16,224
Jun 200303,29028.565.98$19,684
May 200303,21526.595.97$19,202
Apr 200303,51926.675.41$19,028
Mar 200304,23431.146.10$25,811
Feb 200303,57433.487.93$28,327
Jan 20031853,50630.315.58$25,178
Dec 200204,01226.914.85$19,473
Nov 200203,86724.664.14$15,998
Oct 200204,22726.464.23$17,876
Sep 200214,74727.443.64$17,284
Aug 200204,39225.963.16$13,897
Jul 20021685,35024.583.06$20,510
Jun 200236,83923.733.34$22,901
May 2002017424.663.58$624
Apr 2002025223.653.51$885
Mar 200218029422.003.10$4,872
Feb 2002227418.222.38$687
Jan 2002031017.172.38$736
Dec 2001227216.932.36$677
Nov 200118026718.072.41$3,895
Oct 2001228919.782.53$770
Sep 2001026424.262.25$594
Aug 2001025524.873.05$779
Jul 200118020623.933.20$4,966
Jun 2001222724.563.82$917
May 2001224125.524.31$1,089
Apr 200118322824.685.34$5,733
Mar 2001020524.545.38$1,102
Feb 2001022027.755.77$1,269
Jan 2001027027.478.40$2,268
Dec 200015229526.889.12$6,777
Nov 2000032032.215.66$1,811
Oct 2000034731.235.15$1,785
Sep 200017627631.875.19$7,041
Aug 2000022429.644.54$1,017
Jul 2000015028.534.09$613
Jun 2000023829.304.40$1,047
May 200017729327.263.68$5,903
Apr 2000026724.513.12$832
Mar 200018021228.422.86$5,722
Feb 2000022127.622.73$603
Jan 200017923325.272.48$5,101
Dec 1999026124.282.42$633
Nov 1999019223.192.43$467
Oct 1999023320.982.80$653
Sep 199917823821.752.62$4,495
Aug 1999031019.262.88$891
Jul 199917732617.892.37$3,940
Jun 199917929715.942.36$3,555
May 1999029515.792.32$685
Apr 199917827615.102.21$3,297
Mar 199936932612.471.84$5,201
Feb 199904169.981.82$756
Jan 1999033010.381.90$627
Dec 199804619.201.77$818
Nov 1998051810.892.19$1,132
Oct 1998057912.421.97$1,140
Sep 199818767712.592.08$3,764
Aug 199835577711.301.91$5,494
Jul 1998092211.742.24$2,063
Jun 1998095811.242.24$2,143
May 19983531,17612.622.21$7,050
Apr 199801,39513.042.51$3,495
Mar 19983551,84812.802.31$8,812
Feb 19981821,78113.952.30$6,634
Jan 19983712,63514.702.15$11,132
Dec 19973573,36816.322.41$13,947
Nov 19977244,24118.193.09$26,267
Oct 19973676,08719.253.15$26,238
Sep 19971,0448,14717.742.95$42,594
Aug 19971,34314,16017.862.55$60,161
Jul 19972,45311,82417.582.25$69,692
Jun 19977193,47117.242.26$20,230
May 19971,7816,61318.972.31$49,052
Apr 19971,9634,25117.882.08$43,952
Mar 19972,9334,41218.951.94$64,136
Feb 19973,2783,03320.492.21$73,857
Jan 19973,1652,43123.483.54$82,919
Dec 19962,6671,86823.32$62,194
Nov 199603,62121.97$0
Oct 19961857,05523.31$4,312
Sep 199690813,07322.22$20,176
Aug 19962,71216,23020.26$54,945
Jul 199651914,57519.55$10,146

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.

Jul 2005 — as filed, then multipliedworked
Oil                  162 bbl  × $ 55.69 =     $9,022
Casinghead gas         0 Mcf  × $  7.84 =         $0

────────────────────────────────────────────────────
Month total                                   $9,022

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/14415 is the state's own key, not one this site invented.