PARKER, G.B. & SONS, ETAL

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

Gas lease lease 241447District 05Field 67108250CondensateGasSaveExport
Value, all time
$761 k
Jun 2008 – Dec 2011
Value, last 12 filed months
$38 k
at the published price for each month
Months reported
43
no gaps in the span
Streams
2
condensate, 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 9 leases and 9 wells, and the rule below applies to all of them.

Discovered
1959-05-03
as the register files it
Field class
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 01/01/2009.

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
CondensateDisposition17 bbl$703
GasProduction108,859 Mcf$759,945
Total$760,648

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 31.3047, -96.4502. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.30474, -96.45017 · 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%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
13,150 ft
1 wells filed one
Completion to plug
3.5 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 13,150 ft.

Completions filed
Jun 2008
1 of 1 wells
Plug dates filed
Dec 2011
1 of 1 wells

Last completion to plug: a median of 3.5 years across the 1 well that filed both dates, with the middle half between 3.5 years and 3.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-29330438113,150 ftJun 2008Dec 2011Yes

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 (43)

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

43 months

Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 2011026294.144.52$1,184
Jun 201101,26792.904.64$5,879
May 201101,36098.134.40$5,991
Apr 201101,363105.964.33$5,906
Mar 201101,46696.364.06$5,948
Feb 201101,35785.644.18$5,672
Jan 201101,57386.504.59$7,218
Dec 201001,63885.734.35$7,122
Nov 201001,61980.843.80$6,145
Oct 201001,67478.103.51$5,874
Sep 201001,74472.633.98$6,940
Aug 201001,86273.684.42$8,229
Jul 201001,88872.554.74$8,942
Jun 201001,80370.364.91$8,853
May 201001,79471.124.24$7,598
Apr 201001,55781.694.12$6,419
Mar 201001,45878.394.39$6,399
Feb 201001,64273.585.44$8,936
Jan 2010018274.365.96$1,085
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 200906161.133.46$211
Jun 200909466.163.90$366
May 2009011254.743.93$440
Apr 200917346.773.59$309
Mar 200922,52742.144.06$10,341
Feb 200936,17932.814.63$28,726
Jan 200997,29335.865.37$39,493
Dec 200807,43137.105.98$44,416
Nov 200807,00655.496.86$48,064
Oct 200829,36975.246.92$65,003
Sep 2008010,421101.767.88$82,087
Aug 2008012,315114.228.48$104,468
Jul 2008014,798131.0811.39$168,541
Jun 200803,671131.3313.03$47,843

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.

Jul 2011 — as filed, then multipliedworked
Condensate             0 bbl  × $ 94.14 =         $0
Gas                  262 Mcf  × $  4.52 =     $1,184

────────────────────────────────────────────────────
Month total                                   $1,184

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/241447 is the state's own key, not one this site invented.