SUGG B 163-162 (ALLOC-E)

Operated by CRESCENT ENERGY OPERATING, LLC (P-5 103575) in the SPRABERRY (TREND AREA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 20348District 7CField 85279200OilCasinghead gasSaveExport
Value, all time
$32.4 M
Mar 2019 – May 2026
Value, last 12 filed months
$2.4 M
at the published price for each month
Months reported
87
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 7,461 leases and 22,481 wells, and the rule below applies to all of them.

Discovered
1904-12-31
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 2016-03-08.

The Commission's schedule remark for this field reads: AREA) 85279200.

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
OilDisposition321,502 bbl$18,456,442
Casinghead gasProduction4,152,211 Mcf$13,922,315
Total$32,378,757

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 31.5359, -101.4013. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.1 miles.

31.53590, -101.40132 · 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
0.0%
0 of 2 wells
With a plug date
0.0%
0 of 2 wells
Median depth
7,668 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
00.0%
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.
2100.0%

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 7,560 and 7,775 ft, median 7,668 ft, over the 2 wells that filed a depth.

Completions filed
Mar 2019
2 of 2 wells

2 wells

42-38340406N052MC7,775 ftMar 2019
42-38340405N051MA7,560 ftMar 2019

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 (87)

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

87 months

May 202651141,003106.413.05$179,264
Apr 202645038,87198.932.87$156,067
Mar 202650844,50989.753.15$185,771
Feb 202645135,03263.503.75$160,020
Jan 202651942,89459.138.00$373,751
Dec 202553239,94956.664.41$206,452
Nov 202561943,65758.593.93$207,684
Oct 202550646,64759.383.30$184,207
Sep 202554143,82162.743.08$168,776
Aug 202556346,37563.933.01$175,802
Jul 202560244,07366.743.32$186,288
Jun 202569040,36266.483.13$172,153
May 202565841,02960.553.23$172,461
Apr 202573447,90862.363.54$215,516
Mar 202599855,14267.704.27$302,928
Feb 202544534,16670.884.34$179,851
Jan 202539227,40174.324.28$146,374
Dec 202444727,80768.993.12$117,634
Nov 202461036,20969.052.20$121,724
Oct 202470743,70871.372.28$150,174
Sep 202477245,76169.612.36$161,934
Aug 202476446,65775.632.06$154,064
Jul 202474646,86279.932.15$160,221
Jun 202468643,74478.082.63$168,784
May 202479642,51178.812.20$156,191
Apr 202494843,96384.451.66$153,002
Mar 202481932,18380.301.55$115,493
Feb 202449628,62176.091.78$88,790
Jan 202456430,67073.023.30$142,323
Dec 202345827,56571.262.61$104,602
Nov 202340828,34177.892.81$111,348
Oct 202380143,74785.443.09$203,497
Sep 20231,00647,37889.042.74$219,155
Aug 202399749,14780.522.67$211,642
Jul 20231,01641,78374.852.64$186,430
Jun 20231,02236,44968.962.26$152,796
May 20231,08238,06870.622.23$161,204
Apr 20231,08644,59078.122.24$184,620
Mar 20231,22039,55972.852.39$183,548
Feb 20231,01434,94275.112.47$162,317
Jan 20231,05633,57776.533.39$194,565
Dec 20221,29343,81676.415.73$349,824
Nov 20221,42541,68685.005.65$356,492
Oct 20221,48846,45387.185.86$402,113
Sep 20221,16734,33084.888.16$379,314
Aug 20221,10631,47194.529.13$391,780
Jul 20221,29035,363101.587.54$397,749
Jun 20221,22835,111115.097.98$421,418
May 20221,61950,993109.378.43$607,096
Apr 20221,68747,178104.226.84$498,403
Mar 20221,88945,993108.885.08$439,153
Feb 20221,65052,37791.054.86$404,724
Jan 20221,94949,85981.844.54$385,750
Dec 20212,16345,11471.323.90$330,170
Nov 20212,27345,16777.435.24$412,531
Oct 20212,37048,61379.795.71$466,871
Sep 20212,42046,22969.865.35$416,429
Aug 20212,13040,56066.024.22$311,810
Jul 20212,50947,80370.783.98$367,942
Jun 20212,78549,16669.493.38$359,741
May 20213,14855,11963.483.02$366,166
Apr 20212,98851,93160.362.76$323,603
Mar 20213,34954,58361.302.72$353,592
Feb 20212,35847,70057.805.55$400,930
Jan 20213,64359,13250.412.81$349,821
Dec 20203,98252,67244.642.68$318,678
Nov 20203,64349,51438.772.71$275,252
Oct 20203,96253,49936.972.48$279,069
Sep 20204,08654,07937.091.99$259,223
Aug 20204,59053,32639.982.39$310,696
Jul 20204,88343,70838.371.83$267,133
Jun 20204,97944,27334.901.69$248,602
May 20205,67744,79516.921.81$177,347
Apr 20206,36861,41814.751.80$204,749
Mar 20206,30069,01330.341.86$319,246
Feb 20206,95469,80549.881.98$485,126
Jan 20208,08376,00857.252.09$621,969
Dec 20198,98776,45159.012.30$706,494
Nov 20199,77777,04455.302.75$752,593
Oct 201911,68583,54553.472.42$826,854
Sep 201913,38585,73055.052.66$964,653
Aug 201916,37493,14253.112.30$1,084,256
Jul 201920,98098,66256.272.46$1,423,259
Jun 201926,898100,00952.782.49$1,668,819
May 201938,45382,74658.482.74$2,475,482
Apr 201926,97625,01862.632.75$1,758,324
Mar 20195,3135,32656.803.06$318,087

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.

May 2026 — as filed, then multipliedworked
Oil                  511 bbl  × $106.41 =    $54,376
Casinghead gas    41,003 Mcf  × $  3.05 =   $124,889

────────────────────────────────────────────────────
Month total                                 $179,264

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/20348 is the state's own key, not one this site invented.