SUGG FARMAR "2"

Operated by TXP, INCORPORATED (P-5 875395) 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 16721District 7CField 87018551OilSaveExport
Value, all time
$488 k
Oct 2008 – Oct 2017
Value, last 12 filed months
$5 k
at the published price for each month
Months reported
109
no gaps in the span
Streams
1
oil

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.

StreamBasisVolumeValue
OilDisposition7,475 bbl$487,611
Total$487,611

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 31.3131, -100.8723. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.31312, -100.87229 · 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
6,988 ft
1 wells filed one
Completion to plug
8.9 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 6,988 ft.

Completions filed
Oct 2008
1 of 1 wells
Plug dates filed
Sep 2017
1 of 1 wells

Last completion to plug: a median of 8.9 years across the 1 well that filed both dates, with the middle half between 8.9 years and 8.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2353429216,988 ftOct 2008Sep 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 (109)

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

109 months

Oct 2017049.292.98$0
Sep 2017047.523.09$0
Aug 2017045.373.00$0
Jul 201710643.873.09$4,650
Jun 2017042.493.09$0
May 2017045.373.26$0
Apr 2017047.933.21$0
Mar 2017046.772.98$0
Feb 2017050.452.95$0
Jan 2017049.413.42$0
Dec 2016048.763.72$0
Nov 2016042.492.64$0
Oct 2016446.193.09$185
Sep 2016041.553.10$0
Aug 2016441.442.92$166
Jul 2016641.622.92$250
Jun 201617845.352.69$8,072
May 2016742.521.99$298
Apr 2016036.561.99$0
Mar 2016033.011.79$0
Feb 2016026.472.06$0
Jan 2016027.352.36$0
Dec 2015032.362.00$0
Nov 2015038.792.17$0
Oct 2015043.552.43$0
Sep 2015042.992.76$0
Aug 201517540.162.87$7,028
Jul 2015048.152.95$0
Jun 2015056.152.88$0
May 2015055.212.96$0
Apr 2015049.822.71$0
Mar 2015042.892.93$0
Feb 201518344.662.98$8,173
Jan 2015043.433.10$0
Dec 2014054.693.59$0
Nov 2014070.464.25$0
Oct 2014078.303.90$0
Sep 2014086.164.05$0
Aug 2014089.394.04$0
Jul 2014096.564.18$0
Jun 201418198.164.74$17,767
May 2014094.734.73$0
Apr 2014095.944.81$0
Mar 2014095.895.06$0
Feb 201417897.406.19$17,337
Jan 2014090.404.86$0
Dec 2013091.824.35$0
Nov 2013088.853.74$0
Oct 2013097.423.78$0
Sep 20130104.113.72$0
Aug 2013181104.253.52$18,869
Jul 20130102.523.72$0
Jun 2013194.403.93$94
May 2013094.834.15$0
Apr 2013093.964.28$0
Mar 201318093.623.91$16,852
Feb 2013091.233.42$0
Jan 2013091.603.42$0
Dec 2012086.773.42$0
Nov 2012086.953.62$0
Oct 2012089.383.40$0
Sep 201218394.672.92$17,325
Aug 2012092.662.91$0
Jul 2012185.133.02$85
Jun 2012079.822.52$0
May 201217591.612.49$16,032
Apr 20120101.652.00$0
Mar 20120105.052.22$0
Feb 2012179101.102.57$18,097
Jan 2012098.092.73$0
Dec 2011096.873.24$0
Nov 2011095.723.31$0
Oct 201115884.983.65$13,427
Sep 2011083.623.99$0
Aug 2011083.404.15$0
Jul 2011194.144.52$94
Jun 201117992.904.64$16,629
May 2011098.134.40$0
Apr 20110105.964.33$0
Mar 201118096.364.06$17,345
Feb 2011085.644.18$0
Jan 2011086.504.59$0
Dec 201017885.734.35$15,260
Nov 2010080.843.80$0
Oct 2010178.103.51$78
Sep 201017672.633.98$12,783
Aug 2010073.684.42$0
Jul 2010072.554.74$0
Jun 201018170.364.91$12,735
May 201018071.124.24$12,802
Apr 2010081.694.12$0
Mar 2010078.394.39$0
Feb 201018173.585.44$13,318
Jan 2010174.365.96$74
Dec 2009071.445.48$0
Nov 200918074.593.75$13,426
Oct 200917872.544.11$12,912
Sep 200917965.543.06$11,732
Aug 200917867.423.22$12,001
Jul 200917961.133.46$10,942
Jun 200917666.163.90$11,644
May 200935254.743.93$19,268
Apr 200917946.773.59$8,372
Mar 200935842.144.06$15,086
Feb 200917932.814.63$5,873
Jan 200954835.865.37$19,651
Dec 200836937.105.98$13,690
Nov 200872055.496.86$39,953
Oct 200836275.246.92$27,237

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 2017 — as filed, then multipliedworked
Oil                  106 bbl  × $ 43.87 =     $4,650

────────────────────────────────────────────────────
Month total                                   $4,650

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/16721 is the state's own key, not one this site invented.