SUGG-FARMAR "24"

Name: SUGG-FARMAR "24" lease production and value, Oct 2006 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by COMPASS ENERGY OPERATING, LLC (P-5 169751) in the SUGG RANCH (CANYON) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 16071District 7CField 87018551OilCasinghead gasSave Export

Value, all time

$10.4 M

Oct 2006 – Apr 2020

Value, last 12 filed months

$52 k

at the published price for each month

Months reported

163

no gaps in the span

Streams

oil, casinghead gas

The SUGG RANCH (CANYON) field

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 116 leases and 861 wells, and the rule below applies to all of them.

Discovered

1987-05-17

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 40 acres. The field rule took effect on 1992-04-01.

The Commission's schedule remark for this field reads: “EFF 10-01-19”

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.

Stream	Basis	Volume	Value
Oil	Disposition	91,494 bbl	$7,278,557
Casinghead gas	Production	651,130 Mcf	$3,093,347
Total			$10,371,904

Wells on this lease (7)

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 31.4402, -101.0131. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.8 miles.

31.44041, -101.01253 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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%

7 of 7 wells

With a plug date

0.0%

0 of 7 wells

Median depth

7,225 ft

7 wells filed one

Completion to plug

—

no well filed both dates

What the state filed about each well

On the RRC proration schedule

7100.0%

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 7,100 and 7,746 ft, median 7,225 ft, over the 7 wells that filed a depth.

Completions filed

Oct 2006 – Feb 2012

7 of 7 wells

7 wells


42-23534849	8	7,200 ft	Feb 2012	—	Yes
42-23534706	7	7,350 ft	Jul 2011	—	Yes
42-23534256	6	7,398 ft	Jun 2008	—	Yes
42-23534134	4	7,225 ft	Dec 2007	—	Yes
42-23534094	3	7,200 ft	Aug 2007	—	Yes
42-23534038	2	7,746 ft	Feb 2007	—	Yes
42-23534004	1	7,100 ft	Oct 2006	—	Yes

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 (163)

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

163 months


Apr 2020	0	0	14.75	1.80	$0
Mar 2020	0	0	30.34	1.86	$0
Feb 2020	0	0	49.88	1.98	$0
Jan 2020	0	0	57.25	2.09	$0
Dec 2019	0	0	59.01	2.30	$0
Nov 2019	0	0	55.30	2.75	$0
Oct 2019	0	0	53.47	2.42	$0
Sep 2019	283	1,275	55.05	2.66	$18,967
Aug 2019	0	1,340	53.11	2.30	$3,088
Jul 2019	180	1,393	56.27	2.46	$13,555
Jun 2019	175	1,216	52.78	2.49	$12,266
May 2019	0	1,368	58.48	2.74	$3,749
Apr 2019	176	1,262	62.63	2.75	$14,494
Mar 2019	0	1,269	56.80	3.06	$3,886
Feb 2019	176	1,149	50.85	2.79	$12,158
Jan 2019	172	1,362	46.03	3.23	$12,314
Dec 2018	0	1,580	46.59	4.19	$6,613
Nov 2018	179	2,020	52.93	4.24	$18,034
Oct 2018	175	2,236	61.44	3.40	$18,350
Sep 2018	0	2,215	59.54	3.11	$6,884
Aug 2018	171	2,504	59.40	3.07	$17,836
Jul 2018	167	2,664	65.14	2.93	$18,689
Jun 2018	171	2,353	60.18	3.08	$17,531
May 2018	173	2,477	65.38	2.90	$18,496
Apr 2018	168	2,441	63.84	2.90	$17,806
Mar 2018	167	2,365	61.22	2.79	$16,815
Feb 2018	149	2,003	61.78	2.77	$14,746
Jan 2018	154	1,930	62.87	4.01	$17,420
Dec 2017	168	2,030	57.27	2.92	$15,552
Nov 2017	168	2,077	55.42	3.12	$15,787
Oct 2017	166	2,131	49.29	2.98	$14,540
Sep 2017	0	2,028	47.52	3.09	$6,261
Aug 2017	167	2,213	45.37	3.00	$14,226
Jul 2017	181	2,042	43.87	3.09	$14,245
Jun 2017	168	2,023	42.49	3.09	$13,384
May 2017	176	2,165	45.37	3.26	$15,050
Apr 2017	176	2,149	47.93	3.21	$15,337
Mar 2017	178	1,999	46.77	2.98	$14,289
Feb 2017	172	1,796	50.45	2.95	$13,980
Jan 2017	174	2,090	49.41	3.42	$15,743
Dec 2016	0	2,137	48.76	3.72	$7,956
Nov 2016	167	2,599	42.49	2.64	$13,969
Oct 2016	499	2,897	46.19	3.09	$32,001
Sep 2016	164	2,794	41.55	3.10	$15,477
Aug 2016	160	2,781	41.44	2.92	$14,763
Jul 2016	136	2,682	41.62	2.92	$13,503
Jun 2016	167	2,452	45.35	2.69	$14,159
May 2016	169	2,696	42.52	1.99	$12,554
Apr 2016	181	2,627	36.56	1.99	$11,848
Mar 2016	338	2,747	33.01	1.79	$16,086
Feb 2016	335	2,727	26.47	2.06	$14,495
Jan 2016	323	3,021	27.35	2.36	$15,977
Dec 2015	164	2,634	32.36	2.00	$10,579
Nov 2015	150	2,446	38.79	2.17	$11,120
Oct 2015	270	2,443	43.55	2.43	$17,687
Sep 2015	141	2,449	42.99	2.76	$12,817
Aug 2015	143	2,642	40.16	2.87	$13,332
Jul 2015	278	2,727	48.15	2.95	$21,417
Jun 2015	143	2,678	56.15	2.88	$15,750
May 2015	317	2,764	55.21	2.96	$25,670
Apr 2015	166	2,874	49.82	2.71	$16,049
Mar 2015	289	2,703	42.89	2.93	$20,328
Feb 2015	144	2,576	44.66	2.98	$14,098
Jan 2015	313	3,177	43.43	3.10	$23,444
Dec 2014	125	2,329	54.69	3.59	$15,201
Nov 2014	292	2,508	70.46	4.25	$31,238
Oct 2014	122	3,208	78.30	3.90	$22,067
Sep 2014	262	2,908	86.16	4.05	$34,338
Aug 2014	316	3,729	89.39	4.04	$43,294
Jul 2014	163	3,423	96.56	4.18	$30,046
Jun 2014	359	3,085	98.16	4.74	$49,853
May 2014	160	3,104	94.73	4.73	$29,828
Apr 2014	301	3,310	95.94	4.81	$44,796
Mar 2014	321	3,839	95.89	5.06	$50,194
Feb 2014	320	3,499	97.40	6.19	$52,834
Jan 2014	326	3,380	90.40	4.86	$45,900
Dec 2013	322	3,612	91.82	4.35	$45,294
Nov 2013	172	2,869	88.85	3.74	$26,007
Oct 2013	337	3,350	97.42	3.78	$45,491
Sep 2013	278	3,319	104.11	3.72	$41,282
Aug 2013	297	3,959	104.25	3.52	$44,908
Jul 2013	262	4,221	102.52	3.72	$42,553
Jun 2013	308	4,162	94.40	3.93	$45,446
May 2013	321	4,372	94.83	4.15	$48,580
Apr 2013	480	4,322	93.96	4.28	$63,610
Mar 2013	325	4,624	93.62	3.91	$48,520
Feb 2013	316	4,229	91.23	3.42	$43,291
Jan 2013	491	4,583	91.60	3.42	$60,649
Dec 2012	338	4,656	86.77	3.42	$45,253
Nov 2012	310	4,614	86.95	3.62	$43,680
Oct 2012	332	4,578	89.38	3.40	$45,238
Sep 2012	487	4,725	94.67	2.92	$59,894
Aug 2012	319	5,042	92.66	2.91	$44,221
Jul 2012	463	5,034	85.13	3.02	$54,622
Jun 2012	285	5,159	79.82	2.52	$35,744
May 2012	628	5,428	91.61	2.49	$71,038
Apr 2012	492	5,618	101.65	2.00	$61,230
Mar 2012	470	6,352	105.05	2.22	$63,488
Feb 2012	767	6,033	101.10	2.57	$93,050
Jan 2012	441	0	98.09	2.73	$43,258
Dec 2011	623	5,713	96.87	3.24	$78,859
Nov 2011	630	2,927	95.72	3.31	$69,996
Oct 2011	654	6,500	84.98	3.65	$79,292
Sep 2011	625	6,941	83.62	3.99	$79,928
Aug 2011	746	7,752	83.40	4.15	$94,382
Jul 2011	922	5,875	94.14	4.52	$113,336
Jun 2011	473	5,242	92.90	4.64	$68,264
May 2011	458	5,475	98.13	4.40	$69,060
Apr 2011	464	4,906	105.96	4.33	$70,425
Mar 2011	522	3,975	96.36	4.06	$66,428
Feb 2011	481	4,248	85.64	4.18	$58,949
Jan 2011	917	5,969	86.50	4.59	$106,711
Dec 2010	551	6,102	85.73	4.35	$73,767
Nov 2010	712	6,126	80.84	3.80	$80,808
Oct 2010	543	6,471	78.10	3.51	$65,114
Sep 2010	710	6,471	72.63	3.98	$77,318
Aug 2010	722	6,858	73.68	4.42	$83,505
Jul 2010	547	7,079	72.55	4.74	$73,214
Jun 2010	705	6,861	70.36	4.91	$83,294
May 2010	901	7,098	71.12	4.24	$94,141
Apr 2010	714	7,121	81.69	4.12	$87,684
Mar 2010	913	7,199	78.39	4.39	$103,164
Feb 2010	729	6,284	73.58	5.44	$87,840
Jan 2010	911	6,986	74.36	5.96	$109,407
Dec 2009	904	7,154	71.44	5.48	$103,813
Nov 2009	874	7,026	74.59	3.75	$91,550
Oct 2009	896	7,298	72.54	4.11	$94,992
Sep 2009	1,279	7,256	65.54	3.06	$106,063
Aug 2009	713	7,685	67.42	3.22	$72,805
Jul 2009	1,080	7,820	61.13	3.46	$93,113
Jun 2009	1,093	7,697	66.16	3.90	$102,293
May 2009	1,087	7,843	54.74	3.93	$90,292
Apr 2009	1,269	7,249	46.77	3.59	$85,357
Mar 2009	1,406	7,600	42.14	4.06	$90,097
Feb 2009	1,237	6,665	32.81	4.63	$71,465
Jan 2009	1,631	6,860	35.86	5.37	$95,333
Dec 2008	1,414	4,485	37.10	5.98	$79,267
Nov 2008	1,577	4,587	55.49	6.86	$118,976
Oct 2008	1,765	4,963	75.24	6.92	$167,152
Sep 2008	1,734	5,253	101.76	7.88	$217,830
Aug 2008	2,094	6,089	114.22	8.48	$290,830
Jul 2008	2,904	7,254	131.08	11.39	$463,275
Jun 2008	3,016	7,975	131.33	13.03	$500,027
May 2008	1,590	8,548	123.17	11.57	$294,777
Apr 2008	1,602	7,835	110.31	10.45	$258,630
Mar 2008	1,942	8,359	101.90	9.66	$278,672
Feb 2008	2,126	8,707	92.53	8.77	$273,084
Jan 2008	3,929	10,090	90.38	8.21	$437,899
Dec 2007	1,355	7,130	88.33	7.30	$171,750
Nov 2007	892	9,088	91.67	7.29	$148,037
Oct 2007	1,247	11,450	82.85	6.92	$182,571
Sep 2007	2,136	12,155	75.84	6.24	$237,892
Aug 2007	2,297	5,482	69.06	6.39	$193,650
Jul 2007	687	2,120	70.90	6.39	$62,251
Jun 2007	876	1,562	62.00	7.55	$66,103
May 2007	895	1,480	58.74	7.85	$64,185
Apr 2007	1,253	2,222	59.61	7.81	$92,034
Mar 2007	1,779	2,629	56.92	7.30	$120,458
Feb 2007	0	1,042	55.10	8.22	$8,561
Jan 2007	183	1,498	50.30	6.73	$19,282
Dec 2006	0	1,709	56.65	6.92	$11,824
Nov 2006	364	1,979	54.20	7.62	$34,804
Oct 2006	0	486	54.90	6.01	$2,923

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.

Sep 2019 — as filed, then multipliedworked

Oil                  283 bbl  × $ 55.05 =    $15,579
Casinghead gas     1,275 Mcf  × $  2.66 =     $3,388

────────────────────────────────────────────────────
Month total                                  $18,967

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/16071 is the state's own key, not one this site invented.