PARKER HEIRS

Operated by PALEO OIL COMPANY LLC (P-5 635131) in the MCNEILL, S. (HOCKLEY 1ST) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 12739District 02Field 59938250OilCasinghead gasSaveExport
Value, all time
$476 k
Mar 2022 – May 2026
Value, last 12 filed months
$37 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 4 leases and 4 wells, and the rule below applies to all of them.

Discovered
1955-10-02
as the register files it
Field class
Oil
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

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
OilDisposition5,568 bbl$470,933
Casinghead gasProduction1,855 Mcf$4,946
Total$475,879

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 28.1661, -98.0196. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.16612, -98.01959 · 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
4,704 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 4,704 ft.

Completions filed
Mar 2022
1 of 1 wells

1 well

42-2973618534,704 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 2026171089.753.15$15,347
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 2025179058.593.93$10,488
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 2025170063.933.01$10,868
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 2025167060.553.23$10,112
Apr 20250062.363.54$0
Mar 20250267.704.27$9
Feb 202517717770.884.34$13,314
Jan 2025014174.324.28$603
Dec 202416918968.993.12$12,249
Nov 2024020169.052.20$442
Oct 202416634871.372.28$12,641
Sep 20240069.612.36$0
Aug 202417028575.632.06$13,445
Jul 202409279.932.15$197
Jun 20241647178.082.63$12,992
May 2024034978.812.20$767
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 2024171073.023.30$12,486
Dec 20230071.262.61$0
Nov 2023174077.892.81$13,553
Oct 2023171085.443.09$14,610
Sep 20230089.042.74$0
Aug 2023164080.522.67$13,205
Jul 2023179074.852.64$13,398
Jun 2023161068.962.26$11,103
May 20230070.622.23$0
Apr 2023156078.122.24$12,187
Mar 2023166072.852.39$12,093
Feb 2023165075.112.47$12,393
Jan 2023163076.533.39$12,474
Dec 2022161076.415.73$12,302
Nov 2022170085.005.65$14,450
Oct 2022177087.185.86$15,431
Sep 2022180084.888.16$15,278
Aug 2022335094.529.13$31,664
Jul 20221650101.587.54$16,761
Jun 20223550115.097.98$40,857
May 20223430109.378.43$37,514
Apr 20223240104.226.84$33,767
Mar 20221550108.885.08$16,876

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                  171 bbl  × $ 89.75 =    $15,347
Casinghead gas         0 Mcf  × $  3.15 =         $0

────────────────────────────────────────────────────
Month total                                  $15,347

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/12739 is the state's own key, not one this site invented.