PARKER UNIT 2

Name: PARKER UNIT 2 lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by LACY OPERATIONS, LTD. (P-5 480882) in the CARTHAGE (COTTON VALLEY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 131173District 06Field 160321742 tax incentive programmesCondensateGasSave Export

Value, all time

$1.0 M

Jan 1993 – Apr 2006

Value, last 12 filed months

$98 k

at the published price for each month

Months reported

160

no gaps in the span

Streams

condensate, gas

The CARTHAGE (COTTON VALLEY) 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 4,104 leases and 4,104 wells, and the rule below applies to all of them.

Discovered

1968-05-01

as the register files it

Field class

Oil and 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 40 acres. The field rule took effect on 2011-02-08.

The Commission's schedule remark for this field reads: “FIELD. EFFECTIVE 4/12/16.”

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	1990-06-12	121354
NGPA	2	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	3,391 bbl	$57,080
Gas	Production	746,323 Mcf	$965,907
Total			$1,022,987

469,300 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 32.2717, -94.3825. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.27165, -94.38249 · 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

10,137 ft

1 wells filed one

Completion to plug

16.0 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 10,137 ft.

Completions filed

Apr 2006

1 of 1 wells

Plug dates filed

Apr 2022

1 of 1 wells

Last completion to plug: a median of 16.0 years across the 1 well that filed both dates, with the middle half between 16.0 years and 16.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-36532013	4	10,137 ft	Apr 2006	Apr 2022	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 (160)

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

160 months


Apr 2006	0	0	64.39	7.36	$0
Mar 2006	0	984	56.70	7.08	$6,970
Feb 2006	0	974	57.59	7.75	$7,550
Jan 2006	0	848	60.59	8.93	$7,575
Dec 2005	0	916	54.94	13.42	$12,289
Nov 2005	0	695	54.69	10.59	$7,359
Oct 2005	0	702	58.34	13.80	$9,685
Sep 2005	0	997	61.45	12.08	$12,043
Aug 2005	0	1,206	61.51	9.80	$11,815
Jul 2005	0	1,053	55.69	7.84	$8,259
Jun 2005	0	1,088	52.33	7.38	$8,031
May 2005	0	998	45.22	6.65	$6,638
Apr 2005	0	1,026	49.20	7.36	$7,552
Mar 2005	0	1,141	50.37	7.15	$8,164
Feb 2005	0	748	45.22	6.31	$4,721
Jan 2005	0	889	43.16	6.32	$5,620
Dec 2004	0	931	39.86	6.75	$6,285
Nov 2004	0	797	45.28	6.33	$5,045
Oct 2004	0	884	49.70	6.52	$5,759
Sep 2004	0	902	43.24	5.28	$4,766
Aug 2004	0	853	42.37	5.55	$4,735
Jul 2004	0	834	38.28	6.08	$5,074
Jun 2004	0	922	36.10	6.43	$5,931
May 2004	0	1,135	37.48	6.49	$7,371
Apr 2004	0	1,115	34.47	5.86	$6,532
Mar 2004	0	1,560	34.36	5.53	$8,627
Feb 2004	0	1,505	32.45	5.51	$8,292
Jan 2004	0	1,683	32.03	6.30	$10,602
Dec 2003	0	2,067	30.26	6.30	$13,025
Nov 2003	0	2,127	28.80	4.60	$9,774
Oct 2003	0	1,925	28.17	4.76	$9,162
Sep 2003	0	1,450	26.31	4.75	$6,887
Aug 2003	0	1,447	29.76	5.13	$7,423
Jul 2003	0	1,596	29.41	5.17	$8,253
Jun 2003	0	1,462	28.56	5.98	$8,747
May 2003	0	1,820	26.59	5.97	$10,870
Apr 2003	0	1,828	26.67	5.41	$9,885
Mar 2003	0	2,080	31.14	6.10	$12,680
Feb 2003	0	1,959	33.48	7.93	$15,527
Jan 2003	0	2,161	30.31	5.58	$12,063
Dec 2002	0	1,849	26.91	4.85	$8,975
Nov 2002	0	1,541	24.66	4.14	$6,375
Oct 2002	0	1,701	26.46	4.23	$7,194
Sep 2002	0	1,505	27.44	3.64	$5,471
Aug 2002	0	2,188	25.96	3.16	$6,923
Jul 2002	0	2,924	24.58	3.06	$8,953
Jun 2002	0	4,716	23.73	3.34	$15,743
May 2002	0	2,038	24.66	3.58	$7,304
Apr 2002	0	1,516	23.65	3.51	$5,325
Mar 2002	0	1,472	22.00	3.10	$4,567
Feb 2002	0	1,832	18.22	2.38	$4,352
Jan 2002	0	1,857	17.17	2.38	$4,412
Dec 2001	0	1,297	16.93	2.36	$3,067
Nov 2001	0	1,396	18.07	2.41	$3,358
Oct 2001	0	1,607	19.78	2.53	$4,064
Sep 2001	0	1,390	24.26	2.25	$3,129
Aug 2001	0	1,207	24.87	3.05	$3,685
Jul 2001	0	1,237	23.93	3.20	$3,955
Jun 2001	0	1,116	24.56	3.82	$4,268
May 2001	0	1,396	25.52	4.31	$6,013
Apr 2001	0	1,764	24.68	5.34	$9,412
Mar 2001	0	2,512	24.54	5.38	$13,506
Feb 2001	0	1,326	27.75	5.77	$7,647
Jan 2001	0	1,353	27.47	8.40	$11,364
Dec 2000	0	1,271	26.88	9.12	$11,595
Nov 2000	0	1,292	32.21	5.66	$7,310
Oct 2000	0	2,090	31.23	5.15	$10,754
Sep 2000	0	1,290	31.87	5.19	$6,691
Aug 2000	0	1,551	29.64	4.54	$7,043
Jul 2000	0	1,587	28.53	4.09	$6,490
Jun 2000	0	1,802	29.30	4.40	$7,924
May 2000	0	1,622	27.26	3.68	$5,969
Apr 2000	0	2,788	24.51	3.12	$8,687
Mar 2000	0	2,361	28.42	2.86	$6,752
Feb 2000	0	1,711	27.62	2.73	$4,665
Jan 2000	0	4,548	25.27	2.48	$11,281
Dec 1999	0	4,504	24.28	2.42	$10,916
Nov 1999	8	1,366	23.19	2.43	$3,510
Oct 1999	19	1,293	20.98	2.80	$4,024
Sep 1999	28	1,333	21.75	2.62	$4,100
Aug 1999	33	1,852	19.26	2.88	$5,961
Jul 1999	29	2,823	17.89	2.37	$7,216
Jun 1999	0	580	15.94	2.36	$1,370
May 1999	3	970	15.79	2.32	$2,299
Apr 1999	3	1,622	15.10	2.21	$3,627
Mar 1999	33	2,824	12.47	1.84	$5,603
Feb 1999	8	3,951	9.98	1.82	$7,262
Jan 1999	0	3,748	10.38	1.90	$7,121
Dec 1998	1	444	9.20	1.77	$797
Nov 1998	2	5,379	10.89	2.19	$11,779
Oct 1998	3	3,445	12.42	1.97	$6,821
Sep 1998	6	6,844	12.59	2.08	$14,329
Aug 1998	11	3,721	11.30	1.91	$7,222
Jul 1998	10	6,628	11.74	2.24	$14,946
Jun 1998	29	4,573	11.24	2.24	$10,557
May 1998	71	2,847	12.62	2.21	$7,177
Apr 1998	0	2,403	13.04	2.51	$6,020
Mar 1998	1	5,618	12.80	2.31	$12,987
Feb 1998	0	5,697	13.95	2.30	$13,098
Jan 1998	185	5,942	14.70	2.15	$15,523
Dec 1997	1	6,554	16.32	2.41	$15,819
Nov 1997	2	6,243	18.19	3.09	$19,316
Oct 1997	0	6,572	19.25	3.15	$20,701
Sep 1997	0	6,185	17.74	2.95	$18,276
Aug 1997	176	7,298	17.86	2.55	$21,788
Jul 1997	2	7,292	17.58	2.25	$16,420
Jun 1997	0	7,182	17.24	2.26	$16,211
May 1997	0	5,635	18.97	2.31	$13,008
Apr 1997	181	7,038	17.88	2.08	$17,895
Mar 1997	0	6,430	18.95	1.94	$12,469
Feb 1997	0	6,511	20.49	2.21	$14,363
Jan 1997	0	7,715	23.48	3.54	$27,309
Dec 1996	182	7,347	23.32	—	$4,244
Nov 1996	0	7,222	21.97	—	$0
Oct 1996	1	7,177	23.31	—	$23
Sep 1996	1	7,368	22.22	—	$22
Aug 1996	1	7,732	20.26	—	$20
Jul 1996	182	7,096	19.55	—	$3,558
Jun 1996	0	7,876	18.73	—	$0
May 1996	0	7,556	19.43	—	$0
Apr 1996	0	8,100	21.51	—	$0
Mar 1996	181	8,822	19.38	—	$3,508
Feb 1996	0	7,841	16.98	—	$0
Jan 1996	0	9,043	17.07	—	$0
Dec 1995	0	8,984	17.19	—	$0
Nov 1995	184	7,673	16.00	—	$2,944
Oct 1995	1	8,542	15.43	—	$15
Sep 1995	0	8,369	16.18	—	$0
Aug 1995	0	9,577	15.92	—	$0
Jul 1995	173	7,933	15.24	—	$2,637
Jun 1995	0	9,143	16.41	—	$0
May 1995	1	10,176	17.56	—	$18
Apr 1995	186	9,277	17.73	—	$3,298
Mar 1995	1	10,291	16.44	—	$16
Feb 1995	0	9,509	16.58	—	$0
Jan 1995	0	8,451	15.92	—	$0
Dec 1994	182	9,060	15.03	—	$2,735
Nov 1994	1	8,524	15.90	—	$16
Oct 1994	0	9,402	15.58	—	$0
Sep 1994	1	9,422	15.29	—	$15
Aug 1994	174	8,721	16.13	—	$2,807
Jul 1994	0	10,036	17.56	—	$0
Jun 1994	0	10,475	17.09	—	$0
May 1994	182	11,334	15.88	—	$2,890
Apr 1994	0	10,715	14.14	—	$0
Mar 1994	0	10,799	12.46	—	$0
Feb 1994	0	9,636	12.50	—	$0
Jan 1994	184	11,116	12.66	—	$2,329
Dec 1993	1	12,043	12.33	—	$12
Nov 1993	0	10,571	14.49	—	$0
Oct 1993	181	11,997	15.85	—	$2,869
Sep 1993	0	11,717	15.03	—	$0
Aug 1993	0	12,259	15.66	—	$0
Jul 1993	179	12,212	15.46	—	$2,767
Jun 1993	0	12,122	16.79	—	$0
May 1993	0	13,092	17.68	—	$0
Apr 1993	182	12,917	18.05	—	$3,285
Mar 1993	0	13,783	18.14	—	$0
Feb 1993	185	12,436	17.90	—	$3,312
Jan 1993	0	13,806	16.93	—	$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.

Mar 2006 — as filed, then multipliedworked

Condensate             0 bbl  × $ 56.70 =         $0
Gas                  984 Mcf  × $  7.08 =     $6,970

────────────────────────────────────────────────────
Month total                                   $6,970

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. 06/G/131173 is the state's own key, not one this site invented.