PARKER HEIRS

Operated by PALEO OIL COMPANY LLC (P-5 635131) in the LUCILLE (HOCKLEY, UPPER) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 12672District 02Field 55440500OilCasinghead gasSaveExport
Value, all time
$764 k
Mar 2022 – May 2026
Value, last 12 filed months
$74 k
at the published price for each month
Months reported
51
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 leases and 38 wells, and the rule below applies to all of them.

Discovered
1958-07-01
as the register files it
Field class
Oil
the register's own label
Between wells
933 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres.

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
OilDisposition7,784 bbl$642,836
Casinghead gasProduction34,192 Mcf$121,131
Total$763,966

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 28.1634, -98.0241. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.16337, -98.02406 · 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 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
4,750 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
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.
1100.0%

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 4,750 ft.

Completions filed
Mar 2022
1 of 1 wells

1 well

42-2973495314,750 ftMar 2022

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 (51)

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

51 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 202694089.753.15$8,437
Feb 2026180063.503.75$11,430
Jan 20260059.138.00$0
Dec 2025161056.664.41$9,122
Nov 2025196058.593.93$11,484
Oct 20250059.383.30$0
Sep 202519129762.743.08$12,897
Aug 2025066263.933.01$1,996
Jul 202518881466.743.32$15,246
Jun 202501,14666.483.13$3,586
May 202519598660.553.23$14,994
Apr 202517639062.363.54$12,357
Mar 202501,01167.704.27$4,315
Feb 20251761,24970.884.34$17,897
Jan 20251761,04374.324.28$17,543
Dec 202401,35768.993.12$4,236
Nov 20241291,23069.052.20$11,612
Oct 20241731,73171.372.28$16,296
Sep 20241921,55869.612.36$17,049
Aug 20241861,59775.632.06$17,363
Jul 202418346379.932.15$15,621
Jun 2024033778.082.63$888
May 20241661,53078.812.20$16,446
Apr 20241781,52284.451.66$17,557
Mar 20241911,48680.301.55$17,633
Feb 202418862376.091.78$15,416
Jan 202401073.023.30$33
Dec 202317774671.262.61$14,561
Nov 202318989977.892.81$17,245
Oct 2023071785.443.09$2,214
Sep 202318069889.042.74$17,936
Aug 2023181080.522.67$14,574
Jul 202301,22474.852.64$3,234
Jun 2023175068.962.26$12,068
May 2023060670.622.23$1,350
Apr 20230078.122.24$0
Mar 202319345272.852.39$15,142
Feb 202318745475.112.47$15,165
Jan 202318337676.533.39$15,279
Dec 202219348076.415.73$17,497
Nov 202236535685.005.65$33,035
Oct 202219458487.185.86$20,337
Sep 202217560784.888.16$19,809
Aug 202237559794.529.13$40,894
Jul 2022193607101.587.54$24,183
Jun 2022375517115.097.98$47,283
May 2022195606109.378.43$26,438
Apr 2022551974104.226.84$64,085
Mar 20223841,650108.885.08$50,186

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 2026 — as filed, then multipliedworked
Oil                   94 bbl  × $ 89.75 =     $8,437
Casinghead gas         0 Mcf  × $  3.15 =         $0

────────────────────────────────────────────────────
Month total                                   $8,437

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/O/12672 is the state's own key, not one this site invented.