PARKER, G. B. & SONS

Name: PARKER, G. B. & SONS lease production and value, Nov 2005 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by LUMINANT MINING COMPANY LLC (P-5 512777) in the BALD PRAIRIE (CV CONSOLIDATED) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 217102District 05Field 05189550Hydrogen sulphide field2 tax incentive programmesCondensateGasSave Export

Value, all time

$2.8 M

Nov 2005 – Nov 2017

Value, last 12 filed months

$77 k

at the published price for each month

Months reported

145

no gaps in the span

Streams

condensate, gas

The BALD PRAIRIE (CV CONSOLIDATED) 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 868 leases and 868 wells, and the rule below applies to all of them.

Discovered

2001-02-22

as the register files it

Field class

Gas

the register's own label

Between wells

0 ft

minimum

From a lease line

330 ft

minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2011-03-08.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: “PER DOCKET 05-0268631 EFFECTIVE 03/08/2011, AMENDED RULE 2 TO”

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.

Programme	Filings	With an approval date	Dated	Docket
High Cost Gas	1	1	2006-08-21	166450
NGPA	1	none	—	—

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.

Stream	Basis	Volume	Value
Condensate	Disposition	51 bbl	$3,155
Gas	Production	464,500 Mcf	$2,817,778
Total			$2,820,933

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 31.3039, -96.4398. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.30393, -96.43979 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

11,311 ft

1 wells filed one

Completion to plug

12.0 years

median over 1 well

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 11,311 ft.

Completions filed

Nov 2005

1 of 1 wells

Plug dates filed

Nov 2017

1 of 1 wells

Last completion to plug: a median of 12.0 years across the 1 well that filed both dates, with the middle half between 12.0 years and 12.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-29331693	3	11,311 ft	Nov 2005	Nov 2017	Yes

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 (145)

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

145 months


Nov 2017	0	0	55.42	3.12	$0
Oct 2017	0	0	49.29	2.98	$0
Sep 2017	0	1,914	47.52	3.09	$5,909
Aug 2017	0	1,798	45.37	3.00	$5,402
Jul 2017	0	1,683	43.87	3.09	$5,196
Jun 2017	0	1,771	42.49	3.09	$5,468
May 2017	0	2,884	45.37	3.26	$9,412
Apr 2017	0	2,872	47.93	3.21	$9,224
Mar 2017	0	2,958	46.77	2.98	$8,826
Feb 2017	0	2,556	50.45	2.95	$7,547
Jan 2017	0	2,972	49.41	3.42	$10,161
Dec 2016	0	2,706	48.76	3.72	$10,074
Nov 2016	0	2,588	42.49	2.64	$6,844
Oct 2016	0	3,012	46.19	3.09	$9,308
Sep 2016	0	2,650	41.55	3.10	$8,217
Aug 2016	0	2,111	41.44	2.92	$6,173
Jul 2016	0	2,188	41.62	2.92	$6,398
Jun 2016	0	1,951	45.35	2.69	$5,240
May 2016	0	2,724	42.52	1.99	$5,424
Apr 2016	0	2,207	36.56	1.99	$4,394
Mar 2016	0	1,967	33.01	1.79	$3,529
Feb 2016	0	1,899	26.47	2.06	$3,919
Jan 2016	0	1,735	27.35	2.36	$4,102
Dec 2015	0	1,712	32.36	2.00	$3,426
Nov 2015	0	1,682	38.79	2.17	$3,645
Oct 2015	0	1,617	43.55	2.43	$3,924
Sep 2015	0	1,956	42.99	2.76	$5,395
Aug 2015	0	1,827	40.16	2.87	$5,248
Jul 2015	0	1,843	48.15	2.95	$5,428
Jun 2015	0	2,014	56.15	2.88	$5,806
May 2015	0	1,815	55.21	2.96	$5,364
Apr 2015	0	2,147	49.82	2.71	$5,811
Mar 2015	0	2,018	42.89	2.93	$5,922
Feb 2015	0	1,764	44.66	2.98	$5,250
Jan 2015	0	2,061	43.43	3.10	$6,390
Dec 2014	0	2,001	54.69	3.59	$7,186
Nov 2014	0	2,331	70.46	4.25	$9,911
Oct 2014	0	3,051	78.30	3.90	$11,902
Sep 2014	0	2,864	86.16	4.05	$11,586
Aug 2014	0	1,144	89.39	4.04	$4,616
Jul 2014	0	1,111	96.56	4.18	$4,644
Jun 2014	0	1,041	98.16	4.74	$4,931
May 2014	0	1,096	94.73	4.73	$5,180
Apr 2014	0	1,042	95.94	4.81	$5,011
Mar 2014	0	1,083	95.89	5.06	$5,477
Feb 2014	0	993	97.40	6.19	$6,149
Jan 2014	0	1,136	90.40	4.86	$5,522
Dec 2013	0	1,520	91.82	4.35	$6,619
Nov 2013	0	1,098	88.85	3.74	$4,105
Oct 2013	0	1,201	97.42	3.78	$4,539
Sep 2013	0	1,045	104.11	3.72	$3,885
Aug 2013	0	1,104	104.25	3.52	$3,889
Jul 2013	0	1,222	102.52	3.72	$4,543
Jun 2013	0	1,092	94.40	3.93	$4,295
May 2013	0	1,328	94.83	4.15	$5,510
Apr 2013	0	1,170	93.96	4.28	$5,011
Mar 2013	0	850	93.62	3.91	$3,326
Feb 2013	0	1,291	91.23	3.42	$4,415
Jan 2013	0	1,514	91.60	3.42	$5,178
Dec 2012	0	1,269	86.77	3.42	$4,340
Nov 2012	0	1,310	86.95	3.62	$4,749
Oct 2012	0	1,340	89.38	3.40	$4,556
Sep 2012	0	1,290	94.67	2.92	$3,765
Aug 2012	0	1,354	92.66	2.91	$3,938
Jul 2012	0	1,439	85.13	3.02	$4,347
Jun 2012	0	1,948	79.82	2.52	$4,907
May 2012	0	3,722	91.61	2.49	$9,262
Apr 2012	0	2,498	101.65	2.00	$4,988
Mar 2012	0	1,800	105.05	2.22	$4,000
Feb 2012	0	996	101.10	2.57	$2,560
Jan 2012	0	694	98.09	2.73	$1,897
Dec 2011	0	1,160	96.87	3.24	$3,758
Nov 2011	0	1,372	95.72	3.31	$4,543
Oct 2011	0	1,856	84.98	3.65	$6,772
Sep 2011	0	1,957	83.62	3.99	$7,800
Aug 2011	0	2,384	83.40	4.15	$9,892
Jul 2011	0	3,326	94.14	4.52	$15,024
Jun 2011	0	3,023	92.90	4.64	$14,026
May 2011	0	2,530	98.13	4.40	$11,144
Apr 2011	0	2,509	105.96	4.33	$10,872
Mar 2011	0	2,693	96.36	4.06	$10,926
Feb 2011	0	2,475	85.64	4.18	$10,345
Jan 2011	0	2,826	86.50	4.59	$12,968
Dec 2010	0	2,944	85.73	4.35	$12,800
Nov 2010	0	2,928	80.84	3.80	$11,113
Oct 2010	0	3,093	78.10	3.51	$10,853
Sep 2010	0	3,087	72.63	3.98	$12,285
Aug 2010	0	3,254	73.68	4.42	$14,381
Jul 2010	0	3,306	72.55	4.74	$15,659
Jun 2010	0	3,210	70.36	4.91	$15,762
May 2010	0	3,349	71.12	4.24	$14,184
Apr 2010	0	3,223	81.69	4.12	$13,287
Mar 2010	0	3,270	78.39	4.39	$14,351
Feb 2010	0	3,075	73.58	5.44	$16,735
Jan 2010	0	3,471	74.36	5.96	$20,701
Dec 2009	0	3,578	71.44	5.48	$19,621
Nov 2009	0	3,210	74.59	3.75	$12,042
Oct 2009	0	3,020	72.54	4.11	$12,413
Sep 2009	0	3,164	65.54	3.06	$9,697
Aug 2009	0	2,424	67.42	3.22	$7,802
Jul 2009	0	3,076	61.13	3.46	$10,657
Jun 2009	0	3,051	66.16	3.90	$11,884
May 2009	0	2,165	54.74	3.93	$8,499
Apr 2009	1	2,393	46.77	3.59	$8,632
Mar 2009	1	1,846	42.14	4.06	$7,535
Feb 2009	1	2,887	32.81	4.63	$13,408
Jan 2009	0	2,054	35.86	5.37	$11,032
Dec 2008	0	1,724	37.10	5.98	$10,305
Nov 2008	0	1,746	55.49	6.86	$11,978
Oct 2008	0	2,021	75.24	6.92	$13,989
Sep 2008	0	1,568	101.76	7.88	$12,351
Aug 2008	0	1,896	114.22	8.48	$16,084
Jul 2008	0	1,944	131.08	11.39	$22,141
Jun 2008	0	2,525	131.33	13.03	$32,907
May 2008	0	2,745	123.17	11.57	$31,771
Apr 2008	1	2,636	110.31	10.45	$27,669
Mar 2008	1	2,791	101.90	9.66	$27,074
Feb 2008	1	2,986	92.53	8.77	$26,281
Jan 2008	1	3,485	90.38	8.21	$28,687
Dec 2007	0	2,845	88.33	7.30	$20,774
Nov 2007	1	3,524	91.67	7.29	$25,788
Oct 2007	0	3,986	82.85	6.92	$27,591
Sep 2007	2	3,736	75.84	6.24	$23,480
Aug 2007	0	3,503	69.06	6.39	$22,377
Jul 2007	0	4,547	70.90	6.39	$29,046
Jun 2007	1	4,410	62.00	7.55	$33,351
May 2007	0	4,441	58.74	7.85	$34,845
Apr 2007	4	4,221	59.61	7.81	$33,184
Mar 2007	0	3,936	56.92	7.30	$28,741
Feb 2007	1	4,539	55.10	8.22	$37,348
Jan 2007	0	4,610	50.30	6.73	$31,011
Dec 2006	0	5,677	56.65	6.92	$39,276
Nov 2006	0	5,609	54.20	7.62	$42,726
Oct 2006	2	6,589	54.90	6.01	$39,735
Sep 2006	0	6,355	60.08	5.04	$32,011
Aug 2006	0	7,755	68.71	7.34	$56,921
Jul 2006	4	8,644	69.37	6.34	$55,104
Jun 2006	3	9,281	66.28	6.38	$59,448
May 2006	0	10,909	66.01	6.42	$70,090
Apr 2006	1	12,696	64.39	7.36	$93,513
Mar 2006	0	17,023	56.70	7.08	$120,573
Feb 2006	1	16,815	57.59	7.75	$130,393
Jan 2006	3	11,857	60.59	8.93	$106,104
Dec 2005	2	24,965	54.94	13.42	$335,025
Nov 2005	19	20,181	54.69	10.59	$214,724

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.

Sep 2017 — as filed, then multipliedworked

Condensate             0 bbl  × $ 47.52 =         $0
Gas                1,914 Mcf  × $  3.09 =     $5,909

────────────────────────────────────────────────────
Month total                                   $5,909

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. 05/G/217102 is the state's own key, not one this site invented.