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PARKER GAS UNIT

Operated by EQV OPERATING LLC (P-5 101634) in the JAZZ (WILCOX DEEP) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 280580District 03Field 459954702 tax incentive programmesCondensateGasSaveExport
Value, all time
$18.5 M
Nov 2014 – May 2026
Value, last 12 filed months
$636 k
at the published price for each month
Months reported
139
no gaps in the span
Streams
2
condensate, gas

The JAZZ (WILCOX DEEP) field

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 118 leases and 118 wells, and the rule below applies to all of them.

Discovered
2006-05-16
as the register files it
Field class
Gas
the register's own label
Between wells
660 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 2014-05-06.

The Commission's schedule remark for this field reads: “LATERAL RULES.”

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas112016-10-07219392
NGPA1none——

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
CondensateDisposition124,961 bbl$6,867,364
GasProduction3,900,877 Mcf$11,599,971
Total$18,467,336

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 30.5090, -94.6770. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.50896, -94.67705 · 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
14,500 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 14,500 ft.

Completions filed
Aug 2016
1 of 1 wells

1 well

42-37331277414,500 ftAug 2016——

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 (139)

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

139 months

May 202605,597106.413.05$17,048
Apr 202644213,09498.932.87$81,303
Mar 202654614,61389.753.15$95,026
Feb 20260063.503.75$0
Jan 202605,00559.138.00$40,030
Dec 202555315,23756.664.41$98,579
Nov 202518016,39258.593.93$74,908
Oct 202536315,52459.383.30$72,859
Sep 202536536062.743.08$24,008
Aug 202534837263.933.01$23,369
Jul 202520437266.743.32$14,848
Jun 202539321,63566.483.13$93,817
May 202554116,74860.553.23$86,892
Apr 202518014,87462.363.54$63,925
Mar 202535414,57267.704.27$86,164
Feb 202518014,49270.884.34$75,666
Jan 202535414,35274.324.28$87,717
Dec 202437115,10368.993.12$72,737
Nov 202436815,04869.052.20$58,493
Oct 202437416,29071.372.28$63,856
Sep 202436916,41769.612.36$64,502
Aug 202445718,03275.632.06$71,774
Jul 202444517,28879.932.15$72,679
Jun 202471418,84678.082.63$105,389
May 202435919,65778.812.20$71,508
Apr 202477519,20684.451.66$97,315
Mar 202436117,13580.301.55$55,464
Feb 202436315,38176.091.78$55,055
Jan 202401,97073.023.30$6,496
Dec 2023037271.262.61$971
Nov 20231353,00477.892.81$18,949
Oct 20231886,91585.443.09$37,411
Sep 20231688,74289.042.74$38,868
Aug 202334612,36780.522.67$60,915
Jul 202353913,69074.852.64$76,510
Jun 202337015,59768.962.26$60,741
May 20231739,73970.622.23$33,910
Apr 20231799,33878.122.24$34,880
Mar 202335812,32472.852.39$55,574
Feb 202336514,33175.112.47$62,751
Jan 202336312,13976.533.39$68,904
Dec 202255013,66476.415.73$120,308
Nov 202272420,42485.005.65$176,858
Oct 202255216,66487.185.86$145,837
Sep 202235313,95184.888.16$143,854
Aug 2022015,49994.529.13$141,462
Jul 202254511,362101.587.54$141,054
Jun 202237214,893115.097.98$161,618
May 202253016,616109.378.43$198,089
Apr 2022735360104.226.84$79,063
Mar 202272421,487108.885.08$187,906
Feb 202236615,42591.054.86$108,272
Jan 202273820,25381.844.54$152,300
Dec 202174130,52071.323.90$171,849
Nov 20211,08225,33377.435.24$216,444
Oct 20211828,71779.795.71$64,330
Sep 202172617,30469.865.35$143,311
Aug 202180719,25966.024.22$134,562
Jul 202173322,09370.783.98$139,858
Jun 202199323,19569.493.38$147,417
May 20211,07525,25463.483.02$144,449
Apr 202190326,05660.362.76$126,378
Mar 20211,08529,82361.302.72$147,538
Feb 202173325,24457.805.55$182,420
Jan 20211,30932,58850.412.81$157,568
Dec 20201,29335,99744.642.68$154,028
Nov 20201,28735,13738.772.71$144,998
Oct 20201,46037,65936.972.48$147,311
Sep 20201,46141,64637.091.99$137,107
Aug 20201,34742,88339.982.39$156,133
Jul 20201,44946,01838.371.83$139,587
Jun 20201,45139,18834.901.69$116,880
May 20202,01463,02116.921.81$148,444
Apr 20201,98361,27814.751.80$139,818
Mar 20202,19869,75930.341.86$196,176
Feb 20202,43471,49149.881.98$263,008
Jan 20202,56877,92257.252.09$310,244
Dec 20192,66491,63059.012.30$368,351
Nov 20192,75088,60955.302.75$395,812
Oct 20193,244100,39553.472.42$416,266
Sep 20193,049107,51755.052.66$453,550
Aug 20193,233109,23253.112.30$423,414
Jul 20194,019122,45756.272.46$527,401
Jun 20194,224129,27352.782.49$544,988
May 20194,781128,10158.482.74$630,631
Apr 20194,238113,82562.632.75$578,524
Mar 20193,61379,62856.803.06$449,047
Feb 20195,152125,26250.852.79$611,738
Jan 20196,065133,61946.033.23$710,518
Dec 20181,84645,85246.594.19$277,916
Nov 20181819,22852.934.24$48,682
Oct 201818611,96661.443.40$52,089
Sep 201818711,53859.543.11$46,994
Aug 201836113,77259.403.07$63,676
Jul 201855512,88765.142.93$73,936
Jun 201819010,74860.183.08$44,505
May 201818413,23765.382.90$50,428
Apr 201818113,60763.842.90$51,026
Mar 20183724,90961.222.79$36,454
Feb 201818611,64761.782.77$43,708
Jan 201836313,94962.874.01$78,748
Dec 201735713,77657.272.92$60,692
Nov 201736017,74555.423.12$75,287
Oct 201718912,40749.292.98$46,334
Sep 201756118,23147.523.09$82,943
Aug 201757020,38545.373.00$87,106
Jul 201753722,63843.873.09$93,448
Jun 201756619,70442.493.09$84,881
May 201754614,34445.373.26$71,582
Apr 201737816,56647.933.21$71,321
Mar 201773418,44046.772.98$89,348
Feb 201756419,41950.452.95$85,790
Jan 2017587149.413.42$29,007
Dec 201691027,55648.763.72$146,958
Nov 20161,50233,15042.492.64$151,480
Oct 20161,28442,01046.193.09$189,130
Sep 20161,88648,99041.553.10$230,263
Aug 20162,51856,02241.442.92$268,173
Jul 201691626,18641.622.92$114,701
Jun 20161878,39145.352.69$31,017
May 201618814,66242.521.99$37,186
Apr 20161993,03736.561.99$13,322
Mar 201605,67133.011.79$10,174
Feb 20161627,44926.472.06$19,660
Jan 20161807,11627.352.36$21,748
Dec 20151857,21632.362.00$20,429
Nov 20151906,85638.792.17$22,229
Oct 201518910,01843.552.43$32,540
Sep 201519411,47242.992.76$39,985
Aug 201539212,92640.162.87$52,873
Jul 201519315,68048.152.95$55,472
Jun 201519716,49856.152.88$58,623
May 201557924,58755.212.96$104,632
Apr 201558024,74149.822.71$95,859
Mar 201537825,95042.892.93$92,368
Feb 201559026,65644.662.98$105,683
Jan 201597253,99343.433.10$209,626
Dec 20141,58078,14454.693.59$367,053
Nov 201439129,20370.464.25$151,716

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
Condensate             0 bbl  × $106.41 =         $0
Gas                5,597 Mcf  × $  3.05 =    $17,048

────────────────────────────────────────────────────
Month total                                  $17,048

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. 03/G/280580 is the state's own key, not one this site invented.