PROBANDT "55"

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 17290District 7CField 87018551OilCasinghead gasSaveExport
Value, all time
$463 k
Nov 2010 – Jul 2020
Value, last 12 filed months
$11 k
at the published price for each month
Months reported
117
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 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
OilDisposition4,853 bbl$376,003
Casinghead gasProduction25,904 Mcf$86,754
Total$462,757

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 31.5412, -101.0469. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.54123, -101.04695 · 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
0.0%
0 of 1 wells
Median depth
7,500 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
1100.0%
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

The one well that filed a depth was drilled to 7,500 ft.

Completions filed
Nov 2010
1 of 1 wells

1 well

42-4513268917,500 ftNov 2010Yes

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 (117)

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

117 months

Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 201919413455.052.66$11,036
Aug 2019013153.112.30$302
Jul 2019011856.272.46$290
Jun 2019012052.782.49$299
May 2019012058.482.74$329
Apr 2019011462.632.75$314
Mar 201913013256.803.06$7,788
Feb 2019013650.852.79$380
Jan 2019015746.033.23$507
Dec 2018016146.594.19$674
Nov 201816616452.934.24$9,481
Oct 2018018061.443.40$612
Sep 2018018659.543.11$578
Aug 20184220059.403.07$3,108
Jul 2018020965.142.93$613
Jun 2018019560.183.08$600
May 2018019165.382.90$554
Apr 2018018263.842.90$528
Mar 2018019061.222.79$530
Feb 2018017661.782.77$487
Jan 201818319562.874.01$12,287
Dec 20173920357.272.92$2,827
Nov 2017019255.423.12$599
Oct 2017019549.292.98$582
Sep 2017019747.523.09$608
Aug 2017018645.373.00$559
Jul 2017018143.873.09$559
Jun 2017017842.493.09$550
May 201717717945.373.26$8,615
Apr 2017017847.933.21$572
Mar 2017018646.772.98$555
Feb 2017017050.452.95$502
Jan 2017018749.413.42$639
Dec 2016019348.763.72$719
Nov 201617419242.492.64$7,901
Oct 2016019146.193.09$590
Sep 2016018341.553.10$567
Aug 2016019041.442.92$556
Jul 2016019841.622.92$579
Jun 2016018645.352.69$500
May 2016019142.521.99$380
Apr 201618018436.561.99$6,947
Mar 2016019033.011.79$341
Feb 2016017726.472.06$365
Jan 2016019627.352.36$463
Dec 2015119532.362.00$423
Nov 2015019838.792.17$429
Oct 201517422143.552.43$8,114
Sep 2015021942.992.76$604
Aug 2015022840.162.87$655
Jul 2015022448.152.95$660
Jun 2015122356.152.88$699
May 201516522955.212.96$9,786
Apr 2015022849.822.71$617
Mar 2015123342.892.93$727
Feb 2015022244.662.98$661
Jan 2015024243.433.10$750
Dec 2014024754.693.59$887
Nov 201417623870.464.25$13,413
Oct 2014025578.303.90$995
Sep 2014025086.164.05$1,011
Aug 2014026089.394.04$1,049
Jul 2014126696.564.18$1,208
Jun 201417427398.164.74$18,373
May 2014027294.734.73$1,286
Apr 2014025895.944.81$1,241
Mar 2014028195.895.06$1,421
Feb 2014025197.406.19$1,554
Jan 201417229190.404.86$16,963
Dec 2013030091.824.35$1,306
Nov 2013128388.853.74$1,147
Oct 2013029797.423.78$1,122
Sep 2013158298104.113.72$17,557
Aug 20130321104.253.52$1,131
Jul 20130346102.523.72$1,286
Jun 2013032394.403.93$1,270
May 2013035594.834.15$1,473
Apr 201318036093.964.28$18,455
Mar 2013138893.623.91$1,612
Feb 2013035691.233.42$1,217
Jan 201317237591.603.42$17,038
Dec 2012038886.773.42$1,327
Nov 2012039486.953.62$1,428
Oct 2012041089.383.40$1,394
Sep 201216836094.672.92$16,955
Aug 2012038192.662.91$1,108
Jul 2012041985.133.02$1,266
Jun 2012047179.822.52$1,186
May 201218647791.612.49$18,226
Apr 20120459101.652.00$917
Mar 2012183409105.052.22$20,133
Feb 20120334101.102.57$858
Jan 2012146098.092.73$1,356
Dec 201118349396.873.24$19,324
Nov 2011047795.723.31$1,579
Oct 2011044684.983.65$1,627
Sep 201118249383.623.99$17,184
Aug 201118539283.404.15$17,056
Jul 2011058994.144.52$2,661
Jun 2011035292.904.64$1,633
May 2011181098.134.40$17,762
Apr 201100105.964.33$0
Mar 2011184096.364.06$17,730
Feb 2011190085.644.18$16,272
Jan 2011370086.504.59$32,005
Dec 2010178085.734.35$15,260
Nov 20100080.843.80$0

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                  194 bbl  × $ 55.05 =    $10,680
Casinghead gas       134 Mcf  × $  2.66 =       $356

────────────────────────────────────────────────────
Month total                                  $11,036

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/17290 is the state's own key, not one this site invented.