PARKER, G. B. & SONS

Name: PARKER, G. B. & SONS lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by XTO ENERGY INC. (P-5 945936) in the OLETHA, SW (COTTON VALLEY SAND) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 83990District 05Field 67108150CondensateGasSave Export

Value, all time

$1.5 M

Jan 1993 – Jun 2008

Value, last 12 filed months

$213 k

at the published price for each month

Months reported

186

no gaps in the span

Streams

condensate, gas

The OLETHA, SW (COTTON VALLEY SAND) 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 6 leases and 6 wells, and the rule below applies to all of them.

Discovered

1977-05-02

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: “AOF-1 AND AOF-2 EFFECTIVE 06/01/97.”

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	446 bbl	$17,590
Gas	Production	306,970 Mcf	$1,460,854
Total			$1,478,444

66,900 Mcf of this lease's gas, across 48 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

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⌘ 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

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


42-29330438	1	13,150 ft	Jun 2008	Dec 2011	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 (186)

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

186 months


Jun 2008	3	3,671	131.33	13.03	$48,237
May 2008	0	75	123.17	11.57	$868
Apr 2008	3	1,443	110.31	10.45	$15,417
Mar 2008	3	1,547	101.90	9.66	$15,256
Feb 2008	4	2,377	92.53	8.77	$21,218
Jan 2008	3	3,349	90.38	8.21	$27,752
Dec 2007	2	1,871	88.33	7.30	$13,839
Nov 2007	1	1,132	91.67	7.29	$8,346
Oct 2007	0	1,897	82.85	6.92	$13,131
Sep 2007	3	541	75.84	6.24	$3,606
Aug 2007	2	3,611	69.06	6.39	$23,205
Jul 2007	0	3,477	70.90	6.39	$22,211
Jun 2007	5	2,278	62.00	7.55	$17,505
May 2007	0	1,386	58.74	7.85	$10,875
Apr 2007	6	147	59.61	7.81	$1,505
Mar 2007	0	1,063	56.92	7.30	$7,762
Feb 2007	2	1,335	55.10	8.22	$11,079
Jan 2007	1	985	50.30	6.73	$6,676
Dec 2006	0	3,077	56.65	6.92	$21,288
Nov 2006	0	2,453	54.20	7.62	$18,686
Oct 2006	6	3,008	54.90	6.01	$18,419
Sep 2006	0	1,696	60.08	5.04	$8,543
Aug 2006	0	1,411	68.71	7.34	$10,357
Jul 2006	13	939	69.37	6.34	$6,858
Jun 2006	8	2,415	66.28	6.38	$15,947
May 2006	0	2,216	66.01	6.42	$14,238
Apr 2006	1	1,587	64.39	7.36	$11,745
Mar 2006	0	1,466	56.70	7.08	$10,384
Feb 2006	1	2,703	57.59	7.75	$21,009
Jan 2006	2	2,748	60.59	8.93	$24,670
Dec 2005	1	3,247	54.94	13.42	$43,615
Nov 2005	2	2,169	54.69	10.59	$23,076
Oct 2005	0	1,327	58.34	13.80	$18,307
Sep 2005	13	2,634	61.45	12.08	$32,615
Aug 2005	6	5,581	61.51	9.80	$55,045
Jul 2005	0	3,853	55.69	7.84	$30,222
Jun 2005	1	2,411	52.33	7.38	$17,848
May 2005	4	1,497	45.22	6.65	$10,138
Apr 2005	4	1,577	49.20	7.36	$11,804
Mar 2005	4	3,222	50.37	7.15	$23,255
Feb 2005	4	3,555	45.22	6.31	$22,620
Jan 2005	15	2,297	43.16	6.32	$15,169
Dec 2004	3	1,519	39.86	6.75	$10,374
Nov 2004	7	10,619	45.28	6.33	$67,540
Oct 2004	0	1,713	49.70	6.52	$11,160
Sep 2004	4	880	43.24	5.28	$4,823
Aug 2004	7	684	42.37	5.55	$4,093
Jul 2004	2	488	38.28	6.08	$3,046
Jun 2004	2	814	36.10	6.43	$5,309
May 2004	3	503	37.48	6.49	$3,379
Apr 2004	6	1,285	34.47	5.86	$7,735
Mar 2004	0	924	34.36	5.53	$5,110
Feb 2004	2	790	32.45	5.51	$4,418
Jan 2004	8	93	32.03	6.30	$842
Dec 2003	14	2,284	30.26	6.30	$14,817
Nov 2003	18	2,414	28.80	4.60	$11,611
Oct 2003	21	2,875	28.17	4.76	$14,276
Sep 2003	26	4,666	26.31	4.75	$22,845
Aug 2003	33	6,728	29.76	5.13	$35,495
Jul 2003	35	4,761	29.41	5.17	$25,648
Jun 2003	5	6,651	28.56	5.98	$39,935
May 2003	17	12,994	26.59	5.97	$78,061
Apr 2003	53	19,648	26.67	5.41	$107,656
Mar 2003	32	10,616	31.14	6.10	$65,712
Feb 2003	15	8,821	33.48	7.93	$70,416
Jan 2003	0	0	30.31	5.58	$0
Dec 2002	0	0	26.91	4.85	$0
Nov 2002	0	0	24.66	4.14	$0
Oct 2002	0	0	26.46	4.23	$0
Sep 2002	0	0	27.44	3.64	$0
Aug 2002	0	0	25.96	3.16	$0
Jul 2002	0	0	24.58	3.06	$0
Jun 2002	0	0	23.73	3.34	$0
May 2002	0	0	24.66	3.58	$0
Apr 2002	0	0	23.65	3.51	$0
Mar 2002	0	0	22.00	3.10	$0
Feb 2002	0	0	18.22	2.38	$0
Jan 2002	0	0	17.17	2.38	$0
Dec 2001	0	0	16.93	2.36	$0
Nov 2001	0	0	18.07	2.41	$0
Oct 2001	0	0	19.78	2.53	$0
Sep 2001	0	0	24.26	2.25	$0
Aug 2001	0	0	24.87	3.05	$0
Jul 2001	0	0	23.93	3.20	$0
Jun 2001	0	0	24.56	3.82	$0
May 2001	0	0	25.52	4.31	$0
Apr 2001	0	0	24.68	5.34	$0
Mar 2001	0	0	24.54	5.38	$0
Feb 2001	0	0	27.75	5.77	$0
Jan 2001	0	0	27.47	8.40	$0
Dec 2000	0	0	26.88	9.12	$0
Nov 2000	0	0	32.21	5.66	$0
Oct 2000	0	0	31.23	5.15	$0
Sep 2000	0	0	31.87	5.19	$0
Aug 2000	0	0	29.64	4.54	$0
Jul 2000	0	0	28.53	4.09	$0
Jun 2000	0	0	29.30	4.40	$0
May 2000	0	0	27.26	3.68	$0
Apr 2000	0	0	24.51	3.12	$0
Mar 2000	0	0	28.42	2.86	$0
Feb 2000	0	284	27.62	2.73	$774
Jan 2000	0	1,409	25.27	2.48	$3,495
Dec 1999	8	1,622	24.28	2.42	$4,126
Nov 1999	0	2,005	23.19	2.43	$4,880
Oct 1999	0	2,253	20.98	2.80	$6,317
Sep 1999	0	2,583	21.75	2.62	$6,764
Aug 1999	0	755	19.26	2.88	$2,171
Jul 1999	0	809	17.89	2.37	$1,919
Jun 1999	0	762	15.94	2.36	$1,800
May 1999	0	1,069	15.79	2.32	$2,481
Apr 1999	0	1,137	15.10	2.21	$2,511
Mar 1999	0	1,127	12.47	1.84	$2,072
Feb 1999	0	1,162	9.98	1.82	$2,112
Jan 1999	0	1,655	10.38	1.90	$3,144
Dec 1998	0	895	9.20	1.77	$1,587
Nov 1998	0	1,539	10.89	2.19	$3,364
Oct 1998	0	1,069	12.42	1.97	$2,105
Sep 1998	0	943	12.59	2.08	$1,964
Aug 1998	0	910	11.30	1.91	$1,736
Jul 1998	0	907	11.74	2.24	$2,029
Jun 1998	0	1,022	11.24	2.24	$2,286
May 1998	0	1,446	12.62	2.21	$3,190
Apr 1998	0	1,365	13.04	2.51	$3,420
Mar 1998	0	699	12.80	2.31	$1,614
Feb 1998	0	1,202	13.95	2.30	$2,764
Jan 1998	0	1,513	14.70	2.15	$3,260
Dec 1997	0	1,570	16.32	2.41	$3,785
Nov 1997	0	1,110	18.19	3.09	$3,428
Oct 1997	0	724	19.25	3.15	$2,280
Sep 1997	0	1,304	17.74	2.95	$3,853
Aug 1997	0	991	17.86	2.55	$2,532
Jul 1997	0	910	17.58	2.25	$2,045
Jun 1997	0	1,192	17.24	2.26	$2,691
May 1997	0	1,467	18.97	2.31	$3,387
Apr 1997	0	341	17.88	2.08	$710
Mar 1997	0	1,410	18.95	1.94	$2,734
Feb 1997	0	1,278	20.49	2.21	$2,819
Jan 1997	0	1,587	23.48	3.54	$5,618
Dec 1996	0	1,323	23.32	—	$0
Nov 1996	0	1,448	21.97	—	$0
Oct 1996	0	1,169	23.31	—	$0
Sep 1996	0	1,303	22.22	—	$0
Aug 1996	0	1,586	20.26	—	$0
Jul 1996	0	910	19.55	—	$0
Jun 1996	0	1,119	18.73	—	$0
May 1996	0	1,490	19.43	—	$0
Apr 1996	0	1,455	21.51	—	$0
Mar 1996	0	1,452	19.38	—	$0
Feb 1996	0	1,736	16.98	—	$0
Jan 1996	0	1,304	17.07	—	$0
Dec 1995	0	1,218	17.19	—	$0
Nov 1995	0	879	16.00	—	$0
Oct 1995	0	1,079	15.43	—	$0
Sep 1995	0	968	16.18	—	$0
Aug 1995	0	1,197	15.92	—	$0
Jul 1995	0	1,213	15.24	—	$0
Jun 1995	0	1,239	16.41	—	$0
May 1995	0	1,350	17.56	—	$0
Apr 1995	0	1,297	17.73	—	$0
Mar 1995	0	1,266	16.44	—	$0
Feb 1995	0	1,409	16.58	—	$0
Jan 1995	0	1,178	15.92	—	$0
Dec 1994	0	1,419	15.03	—	$0
Nov 1994	0	1,498	15.90	—	$0
Oct 1994	0	1,127	15.58	—	$0
Sep 1994	0	1,502	15.29	—	$0
Aug 1994	0	1,106	16.13	—	$0
Jul 1994	0	1,695	17.56	—	$0
Jun 1994	0	2,173	17.09	—	$0
May 1994	0	1,139	15.88	—	$0
Apr 1994	0	1,707	14.14	—	$0
Mar 1994	0	1,069	12.46	—	$0
Feb 1994	0	910	12.50	—	$0
Jan 1994	0	1,023	12.66	—	$0
Dec 1993	0	1,419	12.33	—	$0
Nov 1993	0	1,536	14.49	—	$0
Oct 1993	0	1,529	15.85	—	$0
Sep 1993	0	1,755	15.03	—	$0
Aug 1993	0	1,429	15.66	—	$0
Jul 1993	0	1,425	15.46	—	$0
Jun 1993	0	1,577	16.79	—	$0
May 1993	0	1,619	17.68	—	$0
Apr 1993	0	1,676	18.05	—	$0
Mar 1993	0	2,039	18.14	—	$0
Feb 1993	0	1,888	17.90	—	$0
Jan 1993	2	2,052	16.93	—	$34

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.

Jun 2008 — as filed, then multipliedworked

Condensate             3 bbl  × $131.33 =       $394
Gas                3,671 Mcf  × $ 13.03 =    $47,843

────────────────────────────────────────────────────
Month total                                  $48,237

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/83990 is the state's own key, not one this site invented.