SUGG 3073

Name: SUGG 3073 lease production and value, Nov 2009 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 17050District 7CField 54648475OilCasinghead gasSave Export

Value, all time

$5.2 M

Nov 2009 – Aug 2021

Value, last 12 filed months

$37 k

at the published price for each month

Months reported

142

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	56,175 bbl	$4,525,564
Casinghead gas	Production	159,331 Mcf	$638,610
Total			$5,164,174

Wells on this lease (6)

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 31.3359, -100.9426. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.8 miles.

31.33656, -100.94275 · 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%

6 of 6 wells

With a plug date

33.3%

2 of 6 wells

Median depth

7,038 ft

6 wells filed one

Completion to plug

6.8 years

median over 2 wells

What the state filed about each well

On the RRC proration schedule

6100.0%

A plug date is filed

233.3%

BothOn the schedule and plugged. Neither fact cancels the other.

233.3%

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 6,960 and 7,220 ft, median 7,038 ft, over the 6 wells that filed a depth.

Completions filed

Jan 2010 – Aug 2015

6 of 6 wells

Plug dates filed

Dec 2016 – Sep 2023

2 of 6 wells; 4 filed none

Last completion to plug: a median of 6.8 years across the 2 wells that filed both dates, with the middle half between 6.1 years and 7.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

6 wells


42-23534544	5	6,960 ft	Aug 2015	Sep 2023	Yes
42-23534444	1	7,220 ft	Jul 2012	—	Yes
42-23534451	4	7,050 ft	Jan 2012	—	Yes
42-23534452	6	7,025 ft	Jul 2011	Dec 2016	Yes
42-23534542	3	6,965 ft	Dec 2010	—	Yes
42-23534446	2	7,052 ft	Jan 2010	—	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 (142)

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

142 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	135	487	61.30	2.72	$9,599
Feb 2021	82	802	57.80	5.55	$9,189
Jan 2021	34	362	50.41	2.81	$2,731
Dec 2020	35	418	44.64	2.68	$2,681
Nov 2020	85	420	38.77	2.71	$4,432
Oct 2020	87	433	36.97	2.48	$4,290
Sep 2020	87	425	37.09	1.99	$4,073
Aug 2020	49	418	39.98	2.39	$2,956
Jul 2020	87	426	38.37	1.83	$4,116
Jun 2020	91	434	34.90	1.69	$3,909
May 2020	0	413	16.92	1.81	$749
Apr 2020	43	483	14.75	1.80	$1,506
Mar 2020	31	522	30.34	1.86	$1,909
Feb 2020	74	304	49.88	1.98	$4,293
Jan 2020	97	201	57.25	2.09	$5,974
Dec 2019	62	185	59.01	2.30	$4,085
Nov 2019	60	220	55.30	2.75	$3,923
Oct 2019	60	212	53.47	2.42	$3,721
Sep 2019	109	259	55.05	2.66	$6,689
Aug 2019	100	169	53.11	2.30	$5,700
Jul 2019	101	159	56.27	2.46	$6,074
Jun 2019	34	178	52.78	2.49	$2,238
May 2019	19	209	58.48	2.74	$1,684
Apr 2019	43	151	62.63	2.75	$3,108
Mar 2019	0	181	56.80	3.06	$554
Feb 2019	86	143	50.85	2.79	$4,772
Jan 2019	45	68	46.03	3.23	$2,291
Dec 2018	87	65	46.59	4.19	$4,325
Nov 2018	44	82	52.93	4.24	$2,676
Oct 2018	0	72	61.44	3.40	$245
Sep 2018	44	70	59.54	3.11	$2,837
Aug 2018	79	75	59.40	3.07	$4,923
Jul 2018	83	70	65.14	2.93	$5,612
Jun 2018	85	80	60.18	3.08	$5,361
May 2018	85	85	65.38	2.90	$5,804
Apr 2018	40	87	63.84	2.90	$2,806
Mar 2018	83	83	61.22	2.79	$5,313
Feb 2018	83	64	61.78	2.77	$5,305
Jan 2018	84	83	62.87	4.01	$5,614
Dec 2017	38	103	57.27	2.92	$2,477
Nov 2017	81	96	55.42	3.12	$4,788
Oct 2017	82	111	49.29	2.98	$4,373
Sep 2017	76	108	47.52	3.09	$3,945
Aug 2017	78	114	45.37	3.00	$3,881
Jul 2017	81	114	43.87	3.09	$3,905
Jun 2017	82	120	42.49	3.09	$3,855
May 2017	80	107	45.37	3.26	$3,979
Apr 2017	121	130	47.93	3.21	$6,217
Mar 2017	202	181	46.77	2.98	$9,988
Feb 2017	100	206	50.45	2.95	$5,653
Jan 2017	185	238	49.41	3.42	$9,955
Dec 2016	220	255	48.76	3.72	$11,677
Nov 2016	82	246	42.49	2.64	$4,135
Oct 2016	137	233	46.19	3.09	$7,048
Sep 2016	38	256	41.55	3.10	$2,373
Aug 2016	99	340	41.44	2.92	$5,097
Jul 2016	87	431	41.62	2.92	$4,881
Jun 2016	87	427	45.35	2.69	$5,092
May 2016	90	391	42.52	1.99	$4,605
Apr 2016	113	411	36.56	1.99	$4,950
Mar 2016	73	522	33.01	1.79	$3,346
Feb 2016	107	514	26.47	2.06	$3,893
Jan 2016	93	569	27.35	2.36	$3,889
Dec 2015	113	542	32.36	2.00	$4,741
Nov 2015	130	477	38.79	2.17	$6,077
Oct 2015	185	597	43.55	2.43	$9,505
Sep 2015	287	541	42.99	2.76	$13,830
Aug 2015	294	568	40.16	2.87	$13,439
Jul 2015	130	561	48.15	2.95	$7,912
Jun 2015	148	563	56.15	2.88	$9,933
May 2015	138	561	55.21	2.96	$9,277
Apr 2015	83	385	49.82	2.71	$5,177
Mar 2015	157	364	42.89	2.93	$7,802
Feb 2015	127	387	44.66	2.98	$6,824
Jan 2015	161	648	43.43	3.10	$9,001
Dec 2014	166	604	54.69	3.59	$11,248
Nov 2014	169	601	70.46	4.25	$14,463
Oct 2014	119	693	78.30	3.90	$12,021
Sep 2014	147	763	86.16	4.05	$15,752
Aug 2014	156	928	89.39	4.04	$17,689
Jul 2014	97	719	96.56	4.18	$12,371
Jun 2014	174	484	98.16	4.74	$19,372
May 2014	158	683	94.73	4.73	$18,196
Apr 2014	193	778	95.94	4.81	$22,258
Mar 2014	262	900	95.89	5.06	$29,674
Feb 2014	250	748	97.40	6.19	$28,982
Jan 2014	310	851	90.40	4.86	$32,160
Dec 2013	296	933	91.82	4.35	$31,241
Nov 2013	293	987	88.85	3.74	$29,723
Oct 2013	238	1,262	97.42	3.78	$27,956
Sep 2013	356	1,070	104.11	3.72	$41,041
Aug 2013	133	385	104.25	3.52	$15,221
Jul 2013	134	455	102.52	3.72	$15,429
Jun 2013	101	456	94.40	3.93	$11,328
May 2013	208	573	94.83	4.15	$22,102
Apr 2013	190	504	93.96	4.28	$20,011
Mar 2013	196	267	93.62	3.91	$19,394
Feb 2013	166	284	91.23	3.42	$16,115
Jan 2013	171	178	91.60	3.42	$16,272
Dec 2012	192	207	86.77	3.42	$17,368
Nov 2012	234	255	86.95	3.62	$21,271
Oct 2012	253	353	89.38	3.40	$23,813
Sep 2012	219	321	94.67	2.92	$21,670
Aug 2012	320	1,176	92.66	2.91	$33,071
Jul 2012	154	972	85.13	3.02	$16,046
Jun 2012	157	1,176	79.82	2.52	$15,494
May 2012	270	1,108	91.61	2.49	$27,492
Apr 2012	326	1,125	101.65	2.00	$35,384
Mar 2012	402	1,178	105.05	2.22	$44,848
Feb 2012	391	1,156	101.10	2.57	$42,501
Jan 2012	476	1,173	98.09	2.73	$49,898
Dec 2011	498	1,335	96.87	3.24	$52,566
Nov 2011	704	1,369	95.72	3.31	$71,920
Oct 2011	481	1,500	84.98	3.65	$46,348
Sep 2011	1,587	2,991	83.62	3.99	$144,626
Aug 2011	2,216	3,454	83.40	4.15	$199,146
Jul 2011	2,679	3,665	94.14	4.52	$268,757
Jun 2011	2,776	4,089	92.90	4.64	$276,863
May 2011	1,550	4,250	98.13	4.40	$170,822
Apr 2011	1,897	4,680	105.96	4.33	$221,286
Mar 2011	2,121	7,822	96.36	4.06	$236,116
Feb 2011	1,225	5,102	85.64	4.18	$126,235
Jan 2011	1,809	6,249	86.50	4.59	$185,154
Dec 2010	919	3,820	85.73	4.35	$95,394
Nov 2010	1,271	4,195	80.84	3.80	$118,669
Oct 2010	1,381	4,906	78.10	3.51	$125,071
Sep 2010	1,206	4,043	72.63	3.98	$103,681
Aug 2010	1,148	4,457	73.68	4.42	$104,282
Jul 2010	1,557	5,451	72.55	4.74	$138,779
Jun 2010	1,656	5,779	70.36	4.91	$144,893
May 2010	2,271	7,104	71.12	4.24	$191,601
Apr 2010	2,881	8,059	81.69	4.12	$268,574
Mar 2010	2,926	6,930	78.39	4.39	$259,783
Feb 2010	2,035	5,189	73.58	5.44	$177,976
Jan 2010	1,710	2,438	74.36	5.96	$141,696
Dec 2009	676	1,833	71.44	5.48	$58,345
Nov 2009	0	300	74.59	3.75	$1,125

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                  135 bbl  × $ 61.30 =     $8,276
Casinghead gas       487 Mcf  × $  2.72 =     $1,323

────────────────────────────────────────────────────
Month total                                   $9,599

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/17050 is the state's own key, not one this site invented.