SUGG 3057

Name: SUGG 3057 lease production and value, Nov 2008 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by GANADOR OPERATING, LLC (P-5 293514) 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 16778District 7CField 54648475OilCasinghead gasSave Export

Value, all time

$10.0 M

Nov 2008 – Aug 2021

Value, last 12 filed months

$27 k

at the published price for each month

Months reported

154

no gaps in the span

Streams

oil, casinghead gas

The LONESOME REEF (WOLFCAMP) 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 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.

Stream	Basis	Volume	Value
Oil	Disposition	114,492 bbl	$8,822,417
Casinghead gas	Production	331,828 Mcf	$1,187,372
Total			$10,009,788

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 31.3994, -100.9148. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

31.39944, -100.91481 · 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%

2 of 2 wells

With a plug date

0.0%

0 of 2 wells

Median depth

6,673 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 6,615 and 6,730 ft, median 6,673 ft, over the 2 wells that filed a depth.

Completions filed

Nov 2008 – Jul 2010

2 of 2 wells

2 wells


42-23534440	4	6,615 ft	Jul 2010	—	Yes
42-23534281	3	6,730 ft	Nov 2008	—	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 (154)

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

154 months


Aug 2021	0	0	66.02	4.22	$0
Jul 2021	0	0	70.78	3.98	$0
Jun 2021	0	0	69.49	3.38	$0
May 2021	0	0	63.48	3.02	$0
Apr 2021	0	0	60.36	2.76	$0
Mar 2021	116	135	61.30	2.72	$7,478
Feb 2021	73	125	57.80	5.55	$4,913
Jan 2021	70	159	50.41	2.81	$3,976
Dec 2020	48	172	44.64	2.68	$2,603
Nov 2020	44	174	38.77	2.71	$2,177
Oct 2020	71	281	36.97	2.48	$3,321
Sep 2020	60	302	37.09	1.99	$2,827
Aug 2020	65	268	39.98	2.39	$3,238
Jul 2020	65	302	38.37	1.83	$3,045
Jun 2020	125	340	34.90	1.69	$4,937
May 2020	0	335	16.92	1.81	$608
Apr 2020	64	271	14.75	1.80	$1,433
Mar 2020	78	375	30.34	1.86	$3,063
Feb 2020	147	428	49.88	1.98	$8,180
Jan 2020	34	356	57.25	2.09	$2,692
Dec 2019	59	367	59.01	2.30	$4,327
Nov 2019	74	413	55.30	2.75	$5,228
Oct 2019	65	466	53.47	2.42	$4,603
Sep 2019	90	495	55.05	2.66	$6,270
Aug 2019	74	850	53.11	2.30	$5,889
Jul 2019	123	533	56.27	2.46	$8,232
Jun 2019	86	937	52.78	2.49	$6,873
May 2019	93	908	58.48	2.74	$7,927
Apr 2019	29	65	62.63	2.75	$1,995
Mar 2019	116	59	56.80	3.06	$6,769
Feb 2019	23	52	50.85	2.79	$1,315
Jan 2019	30	379	46.03	3.23	$2,604
Dec 2018	26	378	46.59	4.19	$2,793
Nov 2018	132	352	52.93	4.24	$8,478
Oct 2018	38	287	61.44	3.40	$3,310
Sep 2018	13	370	59.54	3.11	$1,924
Aug 2018	19	401	59.40	3.07	$2,358
Jul 2018	25	464	65.14	2.93	$2,989
Jun 2018	24	512	60.18	3.08	$3,020
May 2018	31	537	65.38	2.90	$3,585
Apr 2018	88	553	63.84	2.90	$7,222
Mar 2018	62	538	61.22	2.79	$5,295
Feb 2018	103	542	61.78	2.77	$7,863
Jan 2018	61	472	62.87	4.01	$5,727
Dec 2017	38	448	57.27	2.92	$3,485
Nov 2017	75	517	55.42	3.12	$5,769
Oct 2017	114	575	49.29	2.98	$7,335
Sep 2017	87	604	47.52	3.09	$5,999
Aug 2017	127	676	45.37	3.00	$7,793
Jul 2017	64	536	43.87	3.09	$4,462
Jun 2017	105	322	42.49	3.09	$5,456
May 2017	109	343	45.37	3.26	$6,065
Apr 2017	89	347	47.93	3.21	$5,380
Mar 2017	161	563	46.77	2.98	$9,210
Feb 2017	83	491	50.45	2.95	$5,637
Jan 2017	112	539	49.41	3.42	$7,377
Dec 2016	125	558	48.76	3.72	$8,172
Nov 2016	132	485	42.49	2.64	$6,891
Oct 2016	459	2,592	46.19	3.09	$29,211
Sep 2016	335	3,065	41.55	3.10	$23,423
Aug 2016	342	3,507	41.44	2.92	$24,428
Jul 2016	465	3,973	41.62	2.92	$30,972
Jun 2016	445	3,930	45.35	2.69	$30,736
May 2016	552	4,009	42.52	1.99	$31,453
Apr 2016	441	3,653	36.56	1.99	$23,396
Mar 2016	427	3,811	33.01	1.79	$20,932
Feb 2016	348	2,837	26.47	2.06	$15,066
Jan 2016	404	3,081	27.35	2.36	$18,334
Dec 2015	707	2,978	32.36	2.00	$28,839
Nov 2015	484	2,376	38.79	2.17	$23,924
Oct 2015	736	2,516	43.55	2.43	$38,158
Sep 2015	775	2,615	42.99	2.76	$40,531
Aug 2015	568	2,581	40.16	2.87	$30,225
Jul 2015	813	2,396	48.15	2.95	$46,202
Jun 2015	736	2,471	56.15	2.88	$48,450
May 2015	960	3,305	55.21	2.96	$62,769
Apr 2015	869	3,225	49.82	2.71	$52,022
Mar 2015	632	2,676	42.89	2.93	$34,960
Feb 2015	669	2,983	44.66	2.98	$38,756
Jan 2015	902	3,545	43.43	3.10	$50,166
Dec 2014	660	3,025	54.69	3.59	$46,959
Nov 2014	550	1,950	70.46	4.25	$47,044
Oct 2014	521	2,403	78.30	3.90	$50,168
Sep 2014	991	3,089	86.16	4.05	$97,881
Aug 2014	568	3,118	89.39	4.04	$63,355
Jul 2014	925	3,710	96.56	4.18	$104,824
Jun 2014	885	3,208	98.16	4.74	$102,068
May 2014	920	3,069	94.73	4.73	$101,657
Apr 2014	933	2,997	95.94	4.81	$103,925
Mar 2014	1,192	3,276	95.89	5.06	$130,867
Feb 2014	697	2,844	97.40	6.19	$85,498
Jan 2014	1,024	2,567	90.40	4.86	$105,047
Dec 2013	1,111	3,104	91.82	4.35	$115,528
Nov 2013	1,076	3,354	88.85	3.74	$108,141
Oct 2013	1,031	3,262	97.42	3.78	$112,768
Sep 2013	823	3,022	104.11	3.72	$96,918
Aug 2013	1,029	3,703	104.25	3.52	$120,317
Jul 2013	1,187	3,045	102.52	3.72	$133,012
Jun 2013	1,012	3,777	94.40	3.93	$110,389
May 2013	718	3,366	94.83	4.15	$82,054
Apr 2013	1,214	3,251	93.96	4.28	$127,990
Mar 2013	1,352	3,181	93.62	3.91	$139,021
Feb 2013	1,193	2,655	91.23	3.42	$117,917
Jan 2013	1,404	2,918	91.60	3.42	$138,586
Dec 2012	1,356	3,009	86.77	3.42	$127,951
Nov 2012	1,458	2,921	86.95	3.62	$137,362
Oct 2012	1,538	3,010	89.38	3.40	$147,699
Sep 2012	1,445	2,904	94.67	2.92	$145,273
Aug 2012	1,432	3,762	92.66	2.91	$143,630
Jul 2012	1,685	3,733	85.13	3.02	$154,721
Jun 2012	1,503	3,548	79.82	2.52	$128,907
May 2012	1,463	3,947	91.61	2.49	$143,847
Apr 2012	1,521	3,746	101.65	2.00	$162,090
Mar 2012	1,470	4,043	105.05	2.22	$163,407
Feb 2012	1,437	4,206	101.10	2.57	$156,091
Jan 2012	1,692	4,784	98.09	2.73	$179,048
Dec 2011	1,492	4,513	96.87	3.24	$159,151
Nov 2011	1,416	4,653	95.72	3.31	$150,947
Oct 2011	2,244	5,384	84.98	3.65	$210,339
Sep 2011	2,010	5,219	83.62	3.99	$188,878
Aug 2011	2,819	5,960	83.40	4.15	$259,835
Jul 2011	2,330	5,566	94.14	4.52	$244,489
Jun 2011	2,144	6,181	92.90	4.64	$227,857
May 2011	1,995	5,997	98.13	4.40	$222,185
Apr 2011	2,306	6,144	105.96	4.33	$270,967
Mar 2011	2,228	6,855	96.36	4.06	$242,503
Feb 2011	1,734	3,689	85.64	4.18	$163,920
Jan 2011	2,122	4,077	86.50	4.59	$202,261
Dec 2010	2,310	4,038	85.73	4.35	$215,593
Nov 2010	2,342	4,226	80.84	3.80	$205,366
Oct 2010	2,244	3,613	78.10	3.51	$187,934
Sep 2010	2,618	3,405	72.63	3.98	$203,695
Aug 2010	2,807	3,410	73.68	4.42	$221,890
Jul 2010	2,143	2,458	72.55	4.74	$167,117
Jun 2010	453	1,298	70.36	4.91	$38,247
May 2010	421	1,369	71.12	4.24	$35,740
Apr 2010	297	1,237	81.69	4.12	$29,362
Mar 2010	234	1,398	78.39	4.39	$24,479
Feb 2010	322	1,301	73.58	5.44	$30,773
Jan 2010	262	1,516	74.36	5.96	$28,524
Dec 2009	373	1,572	71.44	5.48	$35,268
Nov 2009	412	1,638	74.59	3.75	$36,876
Oct 2009	518	1,649	72.54	4.11	$44,354
Sep 2009	461	1,744	65.54	3.06	$35,559
Aug 2009	511	2,048	67.42	3.22	$41,043
Jul 2009	664	2,439	61.13	3.46	$49,040
Jun 2009	756	2,895	66.16	3.90	$61,293
May 2009	1,229	2,651	54.74	3.93	$77,683
Apr 2009	1,250	3,262	46.77	3.59	$70,165
Mar 2009	1,670	3,655	42.14	4.06	$85,209
Feb 2009	2,058	2,684	32.81	4.63	$79,958
Jan 2009	2,463	2,463	35.86	5.37	$101,552
Dec 2008	2,312	1,358	37.10	5.98	$93,892
Nov 2008	472	674	55.49	6.86	$30,815

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.

Mar 2021 — as filed, then multipliedworked

Oil                  116 bbl  × $ 61.30 =     $7,111
Casinghead gas       135 Mcf  × $  2.72 =       $367

────────────────────────────────────────────────────
Month total                                   $7,478

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/16778 is the state's own key, not one this site invented.