PARKER UNIT 2

Name: PARKER UNIT 2 lease production and value, May 1998 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by R. LACY SERVICES, LTD. (P-5 687208) 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 168815District 06Field 160321742 tax incentive programmesCondensateGasSave Export

Value, all time

$6.3 M

May 1998 – Dec 2022

Value, last 12 filed months

at the published price for each month

Months reported

296

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	1998-07-14	138961
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	22,472 bbl	$797,605
Gas	Production	1,329,554 Mcf	$5,462,437
Total			$6,260,042

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 32.2689, -94.3877. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.26895, -94.38766 · 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

9,990 ft

1 wells filed one

Completion to plug

24.5 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 9,990 ft.

Completions filed

May 1998

1 of 1 wells

Plug dates filed

Nov 2022

1 of 1 wells

Last completion to plug: a median of 24.5 years across the 1 well that filed both dates, with the middle half between 24.5 years and 24.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-36533853	5	9,990 ft	May 1998	Nov 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 (296)

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

296 months


Dec 2022	0	0	76.41	5.73	$0
Nov 2022	0	0	85.00	5.65	$0
Oct 2022	0	0	87.18	5.86	$0
Sep 2022	0	0	84.88	8.16	$0
Aug 2022	0	0	94.52	9.13	$0
Jul 2022	0	0	101.58	7.54	$0
Jun 2022	0	0	115.09	7.98	$0
May 2022	0	0	109.37	8.43	$0
Apr 2022	0	0	104.22	6.84	$0
Mar 2022	0	0	108.88	5.08	$0
Feb 2022	0	0	91.05	4.86	$0
Jan 2022	0	0	81.84	4.54	$0
Dec 2021	0	0	71.32	3.90	$0
Nov 2021	0	0	77.43	5.24	$0
Oct 2021	0	0	79.79	5.71	$0
Sep 2021	0	0	69.86	5.35	$0
Aug 2021	0	0	66.02	4.22	$0
Jul 2021	0	0	70.78	3.98	$0
Jun 2021	0	0	69.49	3.38	$0
May 2021	0	0	63.48	3.02	$0
Apr 2021	0	0	60.36	2.76	$0
Mar 2021	0	0	61.30	2.72	$0
Feb 2021	0	0	57.80	5.55	$0
Jan 2021	0	0	50.41	2.81	$0
Dec 2020	0	0	44.64	2.68	$0
Nov 2020	88	0	38.77	2.71	$3,412
Oct 2020	0	609	36.97	2.48	$1,509
Sep 2020	23	1,113	37.09	1.99	$3,069
Aug 2020	11	1,279	39.98	2.39	$3,490
Jul 2020	12	1,325	38.37	1.83	$2,879
Jun 2020	12	1,385	34.90	1.69	$2,760
May 2020	12	1,362	16.92	1.81	$2,675
Apr 2020	9	1,611	14.75	1.80	$3,040
Mar 2020	0	996	30.34	1.86	$1,849
Feb 2020	0	1,044	49.88	1.98	$2,068
Jan 2020	0	998	57.25	2.09	$2,091
Dec 2019	0	1,055	59.01	2.30	$2,431
Nov 2019	0	1,141	55.30	2.75	$3,139
Oct 2019	0	1,391	53.47	2.42	$3,364
Sep 2019	0	1,035	55.05	2.66	$2,750
Aug 2019	0	1,337	53.11	2.30	$3,081
Jul 2019	0	1,587	56.27	2.46	$3,904
Jun 2019	0	1,116	52.78	2.49	$2,780
May 2019	0	1,268	58.48	2.74	$3,475
Apr 2019	0	1,136	62.63	2.75	$3,125
Mar 2019	0	1,271	56.80	3.06	$3,892
Feb 2019	0	1,075	50.85	2.79	$3,002
Jan 2019	0	1,300	46.03	3.23	$4,197
Dec 2018	0	1,013	46.59	4.19	$4,240
Nov 2018	0	1,285	52.93	4.24	$5,445
Oct 2018	0	1,253	61.44	3.40	$4,258
Sep 2018	6	1,082	59.54	3.11	$3,720
Aug 2018	26	1,306	59.40	3.07	$5,549
Jul 2018	11	1,612	65.14	2.93	$5,443
Jun 2018	6	1,161	60.18	3.08	$3,933
May 2018	10	493	65.38	2.90	$2,084
Apr 2018	10	589	63.84	2.90	$2,347
Mar 2018	8	702	61.22	2.79	$2,446
Feb 2018	25	695	61.78	2.77	$3,467
Jan 2018	26	929	62.87	4.01	$5,359
Dec 2017	30	835	57.27	2.92	$4,158
Nov 2017	59	1,062	55.42	3.12	$6,581
Oct 2017	32	1,271	49.29	2.98	$5,370
Sep 2017	18	1,271	47.52	3.09	$4,779
Aug 2017	16	785	45.37	3.00	$3,084
Jul 2017	11	934	43.87	3.09	$3,366
Jun 2017	14	1,035	42.49	3.09	$3,790
May 2017	38	1,884	45.37	3.26	$7,872
Apr 2017	36	1,836	47.93	3.21	$7,622
Mar 2017	22	1,840	46.77	2.98	$6,519
Feb 2017	22	1,619	50.45	2.95	$5,890
Jan 2017	45	1,760	49.41	3.42	$8,241
Dec 2016	51	1,932	48.76	3.72	$9,679
Nov 2016	25	1,854	42.49	2.64	$5,965
Oct 2016	53	2,028	46.19	3.09	$8,715
Sep 2016	54	1,923	41.55	3.10	$8,206
Aug 2016	40	2,009	41.44	2.92	$7,533
Jul 2016	35	1,963	41.62	2.92	$7,197
Jun 2016	18	1,873	45.35	2.69	$5,847
May 2016	56	2,203	42.52	1.99	$6,767
Apr 2016	89	2,245	36.56	1.99	$7,724
Mar 2016	92	2,042	33.01	1.79	$6,700
Feb 2016	45	2,189	26.47	2.06	$5,708
Jan 2016	73	2,877	27.35	2.36	$8,799
Dec 2015	60	2,668	32.36	2.00	$7,281
Nov 2015	45	2,234	38.79	2.17	$6,587
Oct 2015	16	2,015	43.55	2.43	$5,586
Sep 2015	24	1,586	42.99	2.76	$5,407
Aug 2015	11	1,646	40.16	2.87	$5,170
Jul 2015	21	2,722	48.15	2.95	$9,028
Jun 2015	20	2,220	56.15	2.88	$7,523
May 2015	20	2,089	55.21	2.96	$7,278
Apr 2015	27	2,265	49.82	2.71	$7,476
Mar 2015	10	2,282	42.89	2.93	$7,126
Feb 2015	21	2,001	44.66	2.98	$6,893
Jan 2015	22	2,202	43.43	3.10	$7,783
Dec 2014	25	2,190	54.69	3.59	$9,232
Nov 2014	30	2,280	70.46	4.25	$11,808
Oct 2014	30	2,020	78.30	3.90	$10,229
Sep 2014	33	2,439	86.16	4.05	$12,710
Aug 2014	28	2,664	89.39	4.04	$13,252
Jul 2014	23	2,703	96.56	4.18	$13,518
Jun 2014	21	2,333	98.16	4.74	$13,113
May 2014	11	2,261	94.73	4.73	$11,729
Apr 2014	9	2,320	95.94	4.81	$12,021
Mar 2014	9	2,022	95.89	5.06	$11,088
Feb 2014	6	1,506	97.40	6.19	$9,910
Jan 2014	21	2,263	90.40	4.86	$12,898
Dec 2013	13	1,657	91.82	4.35	$8,409
Nov 2013	11	1,823	88.85	3.74	$7,792
Oct 2013	11	2,422	97.42	3.78	$10,225
Sep 2013	14	2,391	104.11	3.72	$10,347
Aug 2013	8	2,487	104.25	3.52	$9,595
Jul 2013	26	2,308	102.52	3.72	$11,246
Jun 2013	53	1,950	94.40	3.93	$12,673
May 2013	69	2,266	94.83	4.15	$15,945
Apr 2013	124	2,271	93.96	4.28	$21,377
Mar 2013	125	2,394	93.62	3.91	$21,070
Feb 2013	177	2,396	91.23	3.42	$24,342
Jan 2013	52	2,562	91.60	3.42	$13,525
Dec 2012	18	2,690	86.77	3.42	$10,762
Nov 2012	18	2,300	86.95	3.62	$9,903
Oct 2012	16	1,261	89.38	3.40	$5,717
Sep 2012	18	2,299	94.67	2.92	$8,413
Aug 2012	13	2,298	92.66	2.91	$7,888
Jul 2012	15	1,918	85.13	3.02	$7,071
Jun 2012	22	1,778	79.82	2.52	$6,235
May 2012	22	2,420	91.61	2.49	$8,037
Apr 2012	54	2,366	101.65	2.00	$10,214
Mar 2012	82	2,464	105.05	2.22	$14,089
Feb 2012	58	2,591	101.10	2.57	$12,523
Jan 2012	69	2,330	98.09	2.73	$13,139
Dec 2011	48	2,419	96.87	3.24	$12,487
Nov 2011	33	2,504	95.72	3.31	$11,450
Oct 2011	43	2,381	84.98	3.65	$12,341
Sep 2011	25	1,456	83.62	3.99	$7,894
Aug 2011	43	2,331	83.40	4.15	$13,258
Jul 2011	27	2,395	94.14	4.52	$13,361
Jun 2011	16	2,106	92.90	4.64	$11,258
May 2011	33	2,237	98.13	4.40	$13,092
Apr 2011	21	1,770	105.96	4.33	$9,895
Mar 2011	35	2,274	96.36	4.06	$12,599
Feb 2011	29	1,938	85.64	4.18	$10,584
Jan 2011	16	2,165	86.50	4.59	$11,319
Dec 2010	12	2,108	85.73	4.35	$10,194
Nov 2010	9	1,598	80.84	3.80	$6,793
Oct 2010	8	1,906	78.10	3.51	$7,313
Sep 2010	10	2,230	72.63	3.98	$9,601
Aug 2010	11	2,052	73.68	4.42	$9,879
Jul 2010	18	2,156	72.55	4.74	$11,518
Jun 2010	36	2,360	70.36	4.91	$14,122
May 2010	28	1,733	71.12	4.24	$9,331
Apr 2010	34	1,863	81.69	4.12	$10,458
Mar 2010	33	1,999	78.39	4.39	$11,360
Feb 2010	33	1,759	73.58	5.44	$12,001
Jan 2010	42	2,229	74.36	5.96	$16,417
Dec 2009	59	2,484	71.44	5.48	$17,837
Nov 2009	35	2,531	74.59	3.75	$12,106
Oct 2009	19	2,486	72.54	4.11	$11,596
Sep 2009	28	2,318	65.54	3.06	$8,939
Aug 2009	26	2,391	67.42	3.22	$9,448
Jul 2009	13	2,591	61.13	3.46	$9,771
Jun 2009	0	2,711	66.16	3.90	$10,559
May 2009	10	2,734	54.74	3.93	$11,280
Apr 2009	39	2,798	46.77	3.59	$11,862
Mar 2009	64	3,218	42.14	4.06	$15,759
Feb 2009	20	1,331	32.81	4.63	$6,823
Jan 2009	38	2,883	35.86	5.37	$16,847
Dec 2008	40	2,886	37.10	5.98	$18,734
Nov 2008	21	2,727	55.49	6.86	$19,873
Oct 2008	29	3,304	75.24	6.92	$25,052
Sep 2008	65	2,023	101.76	7.88	$22,550
Aug 2008	4	2,727	114.22	8.48	$23,590
Jul 2008	105	3,117	131.08	11.39	$49,264
Jun 2008	63	3,129	131.33	13.03	$49,053
May 2008	64	3,202	123.17	11.57	$44,944
Apr 2008	63	3,178	110.31	10.45	$40,175
Mar 2008	70	3,234	101.90	9.66	$38,387
Feb 2008	70	3,231	92.53	8.77	$34,815
Jan 2008	62	3,235	90.38	8.21	$32,149
Dec 2007	91	3,857	88.33	7.30	$36,202
Nov 2007	64	3,344	91.67	7.29	$30,250
Oct 2007	68	3,523	82.85	6.92	$30,020
Sep 2007	64	3,674	75.84	6.24	$27,795
Aug 2007	64	3,536	69.06	6.39	$27,008
Jul 2007	65	4,195	70.90	6.39	$31,406
Jun 2007	60	4,376	62.00	7.55	$36,752
May 2007	82	4,436	58.74	7.85	$39,623
Apr 2007	38	4,143	59.61	7.81	$34,602
Mar 2007	44	4,377	56.92	7.30	$34,465
Feb 2007	75	4,195	55.10	8.22	$38,599
Jan 2007	46	4,292	50.30	6.73	$31,185
Dec 2006	78	4,457	56.65	6.92	$35,254
Nov 2006	45	3,917	54.20	7.62	$32,277
Oct 2006	87	4,200	54.90	6.01	$30,034
Sep 2006	43	3,887	60.08	5.04	$22,163
Aug 2006	47	4,563	68.71	7.34	$36,721
Jul 2006	84	4,858	69.37	6.34	$36,640
Jun 2006	68	5,334	66.28	6.38	$38,559
May 2006	27	4,452	66.01	6.42	$30,386
Apr 2006	36	4,261	64.39	7.36	$33,681
Mar 2006	58	5,560	56.70	7.08	$42,670
Feb 2006	86	4,780	57.59	7.75	$42,003
Jan 2006	57	4,542	60.59	8.93	$44,029
Dec 2005	103	3,241	54.94	13.42	$49,138
Nov 2005	57	4,682	54.69	10.59	$52,692
Oct 2005	111	5,209	58.34	13.80	$78,338
Sep 2005	60	4,759	61.45	12.08	$61,171
Aug 2005	36	5,803	61.51	9.80	$59,065
Jul 2005	31	6,565	55.69	7.84	$53,220
Jun 2005	40	6,573	52.33	7.38	$50,609
May 2005	54	6,083	45.22	6.65	$42,901
Apr 2005	65	6,516	49.20	7.36	$51,159
Mar 2005	81	5,408	50.37	7.15	$42,774
Feb 2005	83	5,560	45.22	6.31	$38,848
Jan 2005	117	5,878	43.16	6.32	$42,212
Dec 2004	60	7,968	39.86	6.75	$56,184
Nov 2004	37	4,508	45.28	6.33	$30,213
Oct 2004	74	6,826	49.70	6.52	$48,150
Sep 2004	42	5,679	43.24	5.28	$31,823
Aug 2004	50	6,782	42.37	5.55	$39,763
Jul 2004	110	5,280	38.28	6.08	$36,335
Jun 2004	80	4,937	36.10	6.43	$34,648
May 2004	73	5,156	37.48	6.49	$36,222
Apr 2004	127	5,850	34.47	5.86	$38,650
Mar 2004	59	6,088	34.36	5.53	$35,695
Feb 2004	114	3,703	32.45	5.51	$24,101
Jan 2004	111	4,066	32.03	6.30	$29,170
Dec 2003	164	4,915	30.26	6.30	$35,935
Nov 2003	42	4,567	28.80	4.60	$22,196
Oct 2003	85	4,345	28.17	4.76	$23,075
Sep 2003	69	3,975	26.31	4.75	$20,694
Aug 2003	70	4,471	29.76	5.13	$25,018
Jul 2003	90	5,041	29.41	5.17	$28,713
Jun 2003	70	5,216	28.56	5.98	$33,206
May 2003	19	5,562	26.59	5.97	$33,725
Apr 2003	20	5,519	26.67	5.41	$30,376
Mar 2003	37	6,479	31.14	6.10	$40,648
Feb 2003	41	5,654	33.48	7.93	$46,186
Jan 2003	201	6,471	30.31	5.58	$42,214
Dec 2002	250	6,145	26.91	4.85	$36,554
Nov 2002	90	6,396	24.66	4.14	$28,679
Oct 2002	151	7,286	26.46	4.23	$34,809
Sep 2002	0	6,496	27.44	3.64	$23,614
Aug 2002	139	7,773	25.96	3.16	$28,203
Jul 2002	80	7,973	24.58	3.06	$26,378
Jun 2002	75	7,048	23.73	3.34	$25,308
May 2002	77	6,790	24.66	3.58	$26,234
Apr 2002	93	6,694	23.65	3.51	$25,711
Mar 2002	145	7,239	22.00	3.10	$25,651
Feb 2002	267	5,909	18.22	2.38	$18,903
Jan 2002	157	6,916	17.17	2.38	$19,126
Dec 2001	286	7,308	16.93	2.36	$22,121
Nov 2001	147	6,438	18.07	2.41	$18,143
Oct 2001	145	7,436	19.78	2.53	$21,673
Sep 2001	128	6,938	24.26	2.25	$18,725
Aug 2001	139	7,542	24.87	3.05	$26,484
Jul 2001	139	7,745	23.93	3.20	$28,088
Jun 2001	153	7,726	24.56	3.82	$33,303
May 2001	315	8,044	25.52	4.31	$42,687
Apr 2001	163	7,527	24.68	5.34	$44,182
Mar 2001	165	7,449	24.54	5.38	$44,098
Feb 2001	163	6,055	27.75	5.77	$39,443
Jan 2001	303	8,231	27.47	8.40	$77,454
Dec 2000	146	8,834	26.88	9.12	$84,513
Nov 2000	305	8,699	32.21	5.66	$59,043
Oct 2000	159	8,729	31.23	5.15	$49,881
Sep 2000	329	9,745	31.87	5.19	$61,028
Aug 2000	154	10,952	29.64	4.54	$54,295
Jul 2000	228	12,048	28.53	4.09	$55,778
Jun 2000	222	12,633	29.30	4.40	$62,055
May 2000	330	14,498	27.26	3.68	$62,345
Apr 2000	174	11,168	24.51	3.12	$39,064
Mar 2000	184	12,146	28.42	2.86	$39,964
Feb 2000	189	11,176	27.62	2.73	$35,692
Jan 2000	185	11,943	25.27	2.48	$34,300
Dec 1999	163	15,729	24.28	2.42	$42,080
Nov 1999	124	12,784	23.19	2.43	$33,992
Oct 1999	130	13,489	20.98	2.80	$40,547
Sep 1999	200	12,943	21.75	2.62	$38,246
Aug 1999	258	15,388	19.26	2.88	$49,219
Jul 1999	193	15,491	17.89	2.37	$40,203
Jun 1999	205	15,669	15.94	2.36	$40,279
May 1999	288	14,391	15.79	2.32	$37,949
Apr 1999	269	17,086	15.10	2.21	$41,789
Mar 1999	356	17,922	12.47	1.84	$37,386
Feb 1999	294	14,996	9.98	1.82	$30,194
Jan 1999	295	19,878	10.38	1.90	$40,829
Dec 1998	308	19,449	9.20	1.77	$37,323
Nov 1998	393	19,379	10.89	2.19	$46,637
Oct 1998	421	18,500	12.42	1.97	$41,659
Sep 1998	449	20,792	12.59	2.08	$48,955
Aug 1998	600	31,451	11.30	1.91	$66,768
Jul 1998	552	39,804	11.74	2.24	$95,533
Jun 1998	1,050	48,395	11.24	2.24	$120,075
May 1998	839	41,414	12.62	2.21	$101,962

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.

Nov 2020 — as filed, then multipliedworked

Condensate            88 bbl  × $ 38.77 =     $3,412
Gas                    0 Mcf  × $  2.71 =         $0

────────────────────────────────────────────────────
Month total                                   $3,412

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/168815 is the state's own key, not one this site invented.