SUGG "9"

Operated by EXCO RESOURCES, INC. (P-5 256931) 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 15680District 7CField 02718400OilCasinghead gasSaveExport
Value, all time
$1.4 M
Mar 2005 – Dec 2008
Value, last 12 filed months
$256 k
at the published price for each month
Months reported
46
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

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
OilDisposition18,578 bbl$1,225,353
Casinghead gasProduction23,244 Mcf$191,986
Total$1,417,339

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 31.4581, -101.0988. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.6 miles.

31.45807, -101.09881 · 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
0.0%
0 of 2 wells
Median depth
7,651 ft
2 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
2100.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
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 7,650 and 7,652 ft, median 7,651 ft, over the 2 wells that filed a depth.

Completions filed
Mar 2005 – Jan 2007
2 of 2 wells

2 wells

42-2353404027,652 ftJan 2007Yes
42-2353389717,650 ftMar 2005Yes

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 (46)

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

46 months

Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 2008263171114.228.48$31,490
Jul 200860259131.0811.39$10,815
Jun 2008173358131.3313.03$27,386
May 2008356432123.1711.57$48,849
Apr 2008359377110.3110.45$43,543
Mar 2008349364101.909.66$39,081
Feb 200817735092.538.77$19,448
Jan 200835542390.388.21$35,556
Dec 200754454888.337.30$52,053
Nov 200718060291.677.29$20,890
Oct 200753267182.856.92$48,721
Sep 200735268175.846.24$30,948
Aug 200753474469.066.39$41,631
Jul 200752881070.906.39$42,609
Jun 200753377962.007.55$38,926
May 20071,07059158.747.85$67,489
Apr 200788496259.617.81$60,204
Mar 200770975456.927.30$45,862
Feb 200789592255.108.22$56,890
Jan 20078531,03750.306.73$49,882
Dec 200671136656.656.92$42,810
Nov 200636235654.207.62$22,332
Oct 200633337954.906.01$20,561
Sep 200635139460.085.04$23,073
Aug 200651045568.717.34$38,382
Jul 200618048769.376.34$15,576
Jun 200652050266.286.38$37,670
May 200635755766.016.42$27,144
Apr 200636457164.397.36$27,641
Mar 2006047656.707.08$3,371
Feb 200636449557.597.75$24,800
Jan 200636256760.598.93$26,999
Dec 200518159754.9413.42$17,953
Nov 200535563254.6910.59$26,107
Oct 200518172658.3413.80$20,575
Sep 200535678161.4512.08$31,310
Aug 200536389661.519.80$31,106
Jul 20055251,00955.697.84$37,151
Jun 20055401,16352.337.38$36,842
May 2005712045.226.65$32,197
Apr 20051,062049.207.36$52,250
Mar 2005183050.377.15$9,218

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.

Aug 2008 — as filed, then multipliedworked
Oil                  263 bbl  × $114.22 =    $30,040
Casinghead gas       171 Mcf  × $  8.48 =     $1,451

────────────────────────────────────────────────────
Month total                                  $31,490

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/15680 is the state's own key, not one this site invented.