PARR

Operated by TIDAL PETROLEUM, INC. (P-5 859240) in the THOMAS LOCKHART field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 12922District 04Field 89481001OilCasinghead gasSaveExport
Value, all time
$1.6 M
Mar 2000 – Mar 2010
Value, last 12 filed months
$121 k
at the published price for each month
Months reported
121
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 10 leases and 15 wells, and the rule below applies to all of them.

Discovered
1943-11-30
as the register files it
Field class
Oil and gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: ALLOCATION FORMULA EFFECTIVE 01/01/2002.

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
OilDisposition39,184 bbl$1,525,001
Casinghead gasProduction8,666 Mcf$32,415
Total$1,557,415

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 27.8411, -98.3158. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

27.84114, -98.31584 · 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%
2 of 2 wells
With a plug date
100.0%
2 of 2 wells
Median depth
5,414 ft
2 wells filed one
Completion to plug
5.4 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
2100.0%
A plug date is filed
2100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
2100.0%
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

Between 5,195 and 5,632 ft, median 5,414 ft, over the 2 wells that filed a depth.

Completions filed
Jun 2000 – Sep 2000
2 of 2 wells
Plug dates filed
Nov 2001 – Feb 2010
2 of 2 wells

Last completion to plug: a median of 5.4 years across the 2 wells that filed both dates, with the middle half between 3.3 years and 7.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-1313837115,632 ftSep 2000Nov 2001Yes
42-1313840135,195 ftJun 2000Feb 2010Yes

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 (121)

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

121 months

Mar 20100078.394.39$0
Feb 2010204073.585.44$15,010
Jan 2010179074.365.96$13,310
Dec 20090071.445.48$0
Nov 2009367074.593.75$27,375
Oct 20090072.544.11$0
Sep 2009172065.543.06$11,273
Aug 2009184067.423.22$12,405
Jul 2009182061.133.46$11,126
Jun 2009186066.163.90$12,306
May 2009178054.743.93$9,744
Apr 2009177046.773.59$8,278
Mar 2009185042.144.06$7,796
Feb 2009165032.814.63$5,414
Jan 2009181035.865.37$6,491
Dec 2008187037.105.98$6,938
Nov 20080055.496.86$0
Oct 2008368075.246.92$27,688
Sep 20081780101.767.88$18,113
Aug 200800114.228.48$0
Jul 20081750131.0811.39$22,939
Jun 20081770131.3313.03$23,245
May 20081800123.1711.57$22,171
Apr 200800110.3110.45$0
Mar 20081770101.909.66$18,036
Feb 2008186092.538.77$17,211
Jan 2008170090.388.21$15,365
Dec 2007359088.337.30$31,710
Nov 2007179091.677.29$16,409
Oct 2007181082.856.92$14,996
Sep 2007184075.846.24$13,955
Aug 2007177069.066.39$12,224
Jul 20070070.906.39$0
Jun 2007196062.007.55$12,152
May 2007186058.747.85$10,926
Apr 2007181059.617.81$10,789
Mar 2007360056.927.30$20,491
Feb 2007182055.108.22$10,028
Jan 2007182050.306.73$9,155
Dec 2006180056.656.92$10,197
Nov 2006180054.207.62$9,756
Oct 2006173054.906.01$9,498
Sep 2006180060.085.04$10,814
Aug 2006177068.717.34$12,162
Jul 2006362069.376.34$25,112
Jun 2006178066.286.38$11,798
May 2006173066.016.42$11,420
Apr 2006171064.397.36$11,011
Mar 2006176056.707.08$9,979
Feb 2006173057.597.75$9,963
Jan 2006173060.598.93$10,482
Dec 2005179054.9413.42$9,834
Nov 2005176054.6910.59$9,625
Oct 2005172058.3413.80$10,034
Sep 2005177061.4512.08$10,877
Aug 2005169061.519.80$10,395
Jul 2005178055.697.84$9,913
Jun 2005180052.337.38$9,419
May 2005181045.226.65$8,185
Apr 2005356049.207.36$17,515
Mar 2005191050.377.15$9,621
Feb 2005181045.226.31$8,185
Jan 2005176043.166.32$7,596
Dec 2004176039.866.75$7,015
Nov 2004177045.286.33$8,015
Oct 2004354049.706.52$17,594
Sep 2004276043.245.28$11,934
Aug 2004350042.375.55$14,830
Jul 2004344038.286.08$13,168
Jun 2004172036.106.43$6,209
May 2004358037.486.49$13,418
Apr 2004181034.475.86$6,239
Mar 2004185034.365.53$6,357
Feb 2004358032.455.51$11,617
Jan 2004367032.036.30$11,755
Dec 2003358030.266.30$10,833
Nov 2003361028.804.60$10,397
Oct 2003148028.174.76$4,169
Sep 2003181026.314.75$4,762
Aug 2003365029.765.13$10,862
Jul 2003510029.415.17$14,999
Jun 2003364028.565.98$10,396
May 2003539026.595.97$14,332
Apr 2003181026.675.41$4,827
Mar 2003361031.146.10$11,242
Feb 2003176033.487.93$5,892
Jan 2003544030.315.58$16,489
Dec 2002550026.914.85$14,801
Nov 2002179024.664.14$4,414
Oct 2002349026.464.23$9,235
Sep 2002484027.443.64$13,281
Aug 2002346025.963.16$8,982
Jul 2002510024.583.06$12,536
Jun 200255848023.733.34$14,844
May 200237157224.663.58$11,199
Apr 200253842123.653.51$14,202
Mar 200237259822.003.10$10,039
Feb 200255752218.222.38$11,389
Jan 200238038317.172.38$7,434
Dec 200157449116.932.36$10,879
Nov 200138628918.072.41$7,670
Oct 200138329919.782.53$8,332
Sep 200137736724.262.25$9,972
Aug 200137131524.873.05$10,189
Jul 200156445623.933.20$14,954
Jun 200148366224.563.82$14,394
May 200186675725.524.31$25,361
Apr 200157572524.685.34$18,059
Mar 200194459824.545.38$26,381
Feb 200157560627.755.77$19,451
Jan 200157412527.478.40$16,818
Dec 2000747026.889.12$20,079
Nov 2000600032.215.66$19,326
Oct 2000944031.235.15$29,481
Sep 20001,068031.875.19$34,037
Aug 20001,722029.644.54$51,040
Jul 20002,604028.534.09$74,292
Jun 2000174029.304.40$5,098
May 2000180027.263.68$4,907
Apr 2000756024.513.12$18,530
Mar 20000028.422.86$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.

Feb 2010 — as filed, then multipliedworked
Oil                  204 bbl  × $ 73.58 =    $15,010
Casinghead gas         0 Mcf  × $  5.44 =         $0

────────────────────────────────────────────────────
Month total                                  $15,010

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. 04/O/12922 is the state's own key, not one this site invented.