SUGG FARMAR "24A"

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 17408District 7CField 87018551OilCasinghead gasSaveExport
Value, all time
$744 k
Jan 2011 – Sep 2020
Value, last 12 filed months
$0
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
OilDisposition5,004 bbl$429,704
Casinghead gasProduction87,338 Mcf$314,559
Total$744,263

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 31.4394, -101.0106. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.43939, -101.01062 · 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
7,300 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 7,300 ft.

Completions filed
Jan 2011
1 of 1 wells

1 well

42-2353460877,300 ftJan 2011Yes

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

Sep 20200037.091.99$0
Aug 20200039.982.39$0
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 201912255.052.66$114
Aug 201902853.112.30$65
Jul 201901756.272.46$42
Jun 2019011052.782.49$274
May 201903658.482.74$99
Apr 201903862.632.75$105
Mar 201903856.803.06$116
Feb 201903450.852.79$95
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20182059.403.07$119
Jul 20186065.142.93$391
Jun 2018839260.183.08$1,688
May 2018842165.382.90$1,744
Apr 20181246763.842.90$2,121
Mar 20181744661.222.79$2,284
Feb 20182645061.782.77$2,851
Jan 20183260062.874.01$4,417
Dec 20171536557.272.92$1,925
Nov 20171437655.423.12$1,948
Oct 20171348149.292.98$2,076
Sep 2017041747.523.09$1,287
Aug 20171138945.373.00$1,668
Jul 20171342943.873.09$1,895
Jun 20171145342.493.09$1,866
May 2017840545.373.26$1,685
Apr 2017729747.933.21$1,289
Mar 2017659346.772.98$2,050
Feb 20171123950.452.95$1,261
Jan 20171131349.413.42$1,614
Dec 2016033248.763.72$1,236
Nov 20161034242.492.64$1,329
Oct 20163456446.193.09$3,313
Sep 20161055341.553.10$2,130
Aug 20161251541.442.92$2,003
Jul 20161164341.622.92$2,338
Jun 20161159645.352.69$2,100
May 2016650042.521.99$1,251
Apr 20161036.561.99$37
Mar 2016916433.011.79$591
Feb 20161132426.472.06$960
Jan 20162038127.352.36$1,448
Dec 20151439532.362.00$1,244
Nov 20152845838.792.17$2,079
Oct 20156481243.552.43$4,758
Sep 20153280342.992.76$3,591
Aug 20153285040.162.87$3,727
Jul 20155983148.152.95$5,288
Jun 20152160256.152.88$2,915
May 20153596955.212.96$4,796
Apr 2015149649.822.71$957
Mar 20156261142.892.93$4,452
Feb 20151387844.662.98$3,194
Jan 2015337343.433.10$1,660
Dec 20142982154.693.59$4,535
Nov 20144889570.464.25$7,187
Oct 20143369878.303.90$5,307
Sep 20146096786.164.05$9,082
Aug 2014251,09589.394.04$6,653
Jul 201401396.564.18$54
Jun 201437798.164.74$659
May 2014610394.734.73$1,055
Apr 20142578195.944.81$6,154
Mar 2014271,10795.895.06$8,187
Feb 2014321,08297.406.19$9,817
Jan 2014736590.404.86$2,407
Dec 20131414291.824.35$1,904
Nov 2013233888.853.74$1,441
Oct 20138097.423.78$779
Sep 201330490104.113.72$4,945
Aug 201333940104.253.52$6,752
Jul 2013271,046102.523.72$6,657
Jun 2013351,03094.403.93$7,355
May 2013351,11994.834.15$7,962
Apr 2013541,10793.964.28$9,815
Mar 2013321,04993.623.91$7,100
Feb 20133389491.233.42$6,068
Jan 20134794291.603.42$7,527
Dec 20122896686.773.42$5,733
Nov 20122579786.953.62$5,063
Oct 20122988289.383.40$5,591
Sep 20124294294.672.92$6,725
Aug 2012331,22892.662.91$6,629
Jul 2012541,40285.133.02$8,832
Jun 2012281,41179.822.52$5,789
May 2012691,46091.612.49$9,954
Apr 2012351,370101.652.00$6,293
Mar 2012571,519105.052.22$9,363
Feb 20121371,591101.102.57$17,940
Jan 2012941,81898.092.73$14,191
Dec 20111132,09996.873.24$17,747
Nov 2011931,83195.723.31$14,965
Oct 2011911,90684.983.65$14,687
Sep 2011922,10283.623.99$16,071
Aug 20111442,45983.404.15$22,213
Jul 20111732,58894.144.52$27,977
Jun 20112543,00492.904.64$37,535
May 20112613,41198.134.40$40,637
Apr 20113764,212105.964.33$58,093
Mar 20115695,06296.364.06$75,367
Feb 20116175,65885.644.18$76,490
Jan 201117137186.504.59$16,494

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                    1 bbl  × $ 55.05 =        $55
Casinghead gas        22 Mcf  × $  2.66 =        $58

────────────────────────────────────────────────────
Month total                                     $114

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/17408 is the state's own key, not one this site invented.