SUGG-FARMAR "A"

Operated by FORTUNE ENERGY, INC. (P-5 278757) in the LUCKY-MAG (DIVIDE SAND) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 15890District 7CField 55504400OilCasinghead gasSaveExport
Value, all time
$3.6 M
Feb 2006 – Feb 2010
Value, last 12 filed months
$336 k
at the published price for each month
Months reported
49
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 18 leases and 38 wells, and the rule below applies to all of them.

Discovered
1956-05-22
as the register files it
Field class
Oil
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: 500 MCFGPD.

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
OilDisposition25,125 bbl$1,666,118
Casinghead gasProduction285,924 Mcf$1,971,417
Total$3,637,534

Wells on this lease (3)

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 31.3230, -100.8485. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.5 miles.

31.32258, -100.84847 · 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%
3 of 3 wells
With a plug date
0.0%
0 of 3 wells
Median depth
6,812 ft
3 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
3100.0%
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 6,741 and 6,895 ft, median 6,812 ft, over the 3 wells that filed a depth.

Completions filed
Feb 2006 – Jan 2009
3 of 3 wells

3 wells

42-2353437336,741 ftJan 2009Yes
42-2353399026,895 ftAug 2006Yes
42-2353394016,812 ftFeb 2006Yes

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 (49)

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

49 months

Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20099305,74367.423.22$81,184
Jul 200905,88061.133.46$20,371
Jun 20097396,57966.163.90$74,517
May 20093696,99554.743.93$47,660
Apr 20099097,10246.773.59$67,992
Mar 20093677,09742.144.06$44,272
Feb 20091,1156,71432.814.63$67,689
Jan 20091,4817,52535.865.37$93,525
Dec 20083634,58937.105.98$40,896
Nov 20083674,64155.496.86$52,204
Oct 20085485,04175.246.92$76,125
Sep 20083765,169101.767.88$78,978
Aug 20081885,461114.228.48$67,799
Jul 20083765,093131.0811.39$107,292
Jun 20083704,492131.3313.03$107,135
May 20083586,041123.1711.57$114,015
Apr 20085046,025110.3110.45$118,587
Mar 20083716,329101.909.66$98,969
Feb 20083755,95892.538.77$86,954
Jan 20085556,67990.388.21$104,967
Dec 20075626,93188.337.30$100,251
Nov 20074196,39791.677.29$85,055
Oct 20077416,41182.856.92$105,769
Sep 20073705,39975.846.24$61,773
Aug 20075455,72469.066.39$74,202
Jul 20075576,08470.906.39$78,356
Jun 20073625,90962.007.55$67,048
May 20075996,49858.747.85$86,170
Apr 20075567,46259.617.81$91,386
Mar 20077457,64856.927.30$98,251
Feb 20077526,77255.108.22$97,074
Jan 20073588,13850.306.73$72,751
Dec 20067317,73356.656.92$94,911
Nov 20067397,71154.207.62$98,792
Oct 20061,1169,13154.906.01$116,180
Sep 20069319,31160.085.04$102,836
Aug 20061,47510,57668.717.34$178,974
Jul 20065356,90169.376.34$80,884
Jun 20063648,22566.286.38$76,633
May 20065547,39466.016.42$84,076
Apr 20065418,83064.397.36$99,828
Mar 20069129,45056.707.08$118,644
Feb 200602,13657.597.75$16,556

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 2009 — as filed, then multipliedworked
Oil                  930 bbl  × $ 67.42 =    $62,701
Casinghead gas     5,743 Mcf  × $  3.22 =    $18,484

────────────────────────────────────────────────────
Month total                                  $81,184

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/15890 is the state's own key, not one this site invented.