PARKER

Operated by JOINT RESOURCES COMPANY (P-5 440742) in the FANNIN, NORTH (SAND 16) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 150799District 02Field 30175275CondensateGasSave
Value, all time
$153 k
Apr 1994 – Sep 1998
Value, last 12 filed months
$43 k
at the published price for each month
Months reported
54
no gaps in the span
Streams
2
condensate, gas

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
CondensateDisposition19 bbl$296
GasProduction197,321 Mcf$152,369
Total$152,665

137,918 Mcf of this lease's gas, across 33 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

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 28.7655, -97.2551. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.76546, -97.25514 · 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
100.0%
1 of 1 wells
Median depth
3,817 ft
1 wells filed one
Completion to plug
3.1 years
median over 1 wells

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
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 3,817 ft.

Completions filed
Aug 1995
1 of 1 wells
Plug dates filed
Sep 1998
1 of 1 wells

Last completion to plug: a median of 3.1 years across the 1 well that filed both dates, with the middle half between 3.1 years and 3.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-1753276613,817 ftAug 1995Sep 1998Yes

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 (54)

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

54 months

Sep 19980012.592.08$0
Aug 19980011.301.91$0
Jul 19980011.742.24$0
Jun 19980011.242.24$0
May 19980012.622.21$0
Apr 19980013.042.51$0
Mar 1998388012.802.31$2,071
Feb 1998385413.952.30$2,005
Jan 1998095314.702.15$2,054
Dec 1997112,68616.322.41$6,656
Nov 199724,46918.193.09$13,838
Oct 199705,32019.253.15$16,757
Sep 199705,67317.742.95$16,763
Aug 199705,78517.862.55$14,779
Jul 199705,66717.582.25$12,733
Jun 199706,01217.242.26$13,570
May 199705,28718.972.31$12,205
Apr 199703,51117.882.08$7,313
Mar 199704,13218.951.94$8,013
Feb 199703,76720.492.21$8,310
Jan 199704,40723.483.54$15,599
Dec 199605,33223.32$0
Nov 199605,97721.97$0
Oct 199606,30323.31$0
Sep 199605,40022.22$0
Aug 199605,90120.26$0
Jul 199604,78719.55$0
Jun 199604,92718.73$0
May 199605,14519.43$0
Apr 199605,02721.51$0
Mar 199606,33719.38$0
Feb 199606,71816.98$0
Jan 199605,41817.07$0
Dec 199505,13817.19$0
Nov 199506,06816.00$0
Oct 199505,38715.43$0
Sep 199505,91116.18$0
Aug 199501,62215.92$0
Jul 199502515.24$0
Jun 199501,68516.41$0
May 199501,36417.56$0
Apr 199503,47817.73$0
Mar 199504,71116.44$0
Feb 199501,02616.58$0
Jan 1995022115.92$0
Dec 199403,32915.03$0
Nov 199401,07015.90$0
Oct 199404,86815.58$0
Sep 199404,23315.29$0
Aug 199402,82916.13$0
Jul 199405,00617.56$0
Jun 199407,45017.09$0
May 199404,48015.88$0
Apr 1994074514.14$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.

Mar 1998 — as filed, then multipliedworked
Condensate             3 bbl  × $ 12.80 =        $38
Gas                  880 Mcf  × $  2.31 =     $2,032

────────────────────────────────────────────────────
Month total                                   $2,071

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. 02/G/150799 is the state's own key, not one this site invented.