PARKER UNIT #1

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 232507District 06Field 160321742 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.0 M
Oct 2007 – May 2026
Value, last 12 filed months
$6 k
at the published price for each month
Months reported
224
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 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.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas112008-02-27179180
NGPA1none

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.

StreamBasisVolumeValue
CondensateDisposition260 bbl$13,726
GasProduction577,133 Mcf$2,942,452
Total$2,956,178

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 32.2544, -94.3991. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.25440, -94.39907 · 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
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
10,010 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
1100.0%

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 10,010 ft.

Completions filed
Oct 2007
1 of 1 wells

1 well

42-365367291610,010 ftOct 2007

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 (224)

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

224 months

May 20261118106.413.05$466
Apr 2026113298.932.87$478
Mar 2026113389.753.15$509
Feb 2026110663.503.75$461
Jan 2026111759.138.00$995
Dec 2025110056.664.41$498
Nov 2025011258.593.93$440
Oct 2025012759.383.30$420
Sep 2025012362.743.08$378
Aug 2025015463.933.01$464
Jul 2025013366.743.32$441
Jun 2025012066.483.13$375
May 2025012860.553.23$414
Apr 2025011462.363.54$404
Mar 2025012367.704.27$525
Feb 2025010970.884.34$473
Jan 2025013174.324.28$561
Dec 2024014068.993.12$437
Nov 2024014969.052.20$328
Oct 2024014271.372.28$324
Sep 2024015869.612.36$374
Aug 2024016675.632.06$343
Jul 2024017579.932.15$376
Jun 2024018778.082.63$493
May 2024015178.812.20$332
Apr 2024020284.451.66$335
Mar 2024020780.301.55$320
Feb 2024017176.091.78$305
Jan 2024025973.023.30$854
Dec 2023022171.262.61$577
Nov 2023020077.892.81$562
Oct 2023021085.443.09$648
Sep 2023020989.042.74$572
Aug 2023023080.522.67$615
Jul 2023026174.852.64$690
Jun 2023025868.962.26$583
May 2023026670.622.23$592
Apr 2023025978.122.24$580
Mar 2023026872.852.39$641
Feb 2023024575.112.47$604
Jan 2023025476.533.39$860
Dec 2022027676.415.73$1,581
Nov 2022023585.005.65$1,327
Oct 2022025687.185.86$1,501
Sep 2022125484.888.16$2,158
Aug 2022028394.529.13$2,583
Jul 20220292101.587.54$2,202
Jun 20220297115.097.98$2,369
May 20220305109.378.43$2,572
Apr 20220315104.226.84$2,154
Mar 20220290108.885.08$1,472
Feb 2022023091.054.86$1,118
Jan 2022024781.844.54$1,121
Dec 2021034571.323.90$1,345
Nov 2021028777.435.24$1,503
Oct 2021035179.795.71$2,006
Sep 2021045469.865.35$2,429
Aug 2021039766.024.22$1,676
Jul 2021044870.783.98$1,784
Jun 2021052969.493.38$1,788
May 2021071663.483.02$2,161
Apr 2021050360.362.76$1,387
Mar 202101,05461.302.72$2,864
Feb 2021056857.805.55$3,151
Jan 2021087450.412.81$2,456
Dec 202001,34544.642.68$3,598
Nov 202011,75938.772.71$4,800
Oct 202012,61136.972.48$6,508
Sep 202002,05137.091.99$4,084
Aug 202001,99639.982.39$4,761
Jul 202002,80138.371.83$5,112
Jun 202002,83334.901.69$4,789
May 202022,51416.921.81$4,596
Apr 2020270414.751.80$1,300
Mar 202041,02030.341.86$2,015
Feb 2020592649.881.98$2,084
Jan 202061,31057.252.09$3,088
Dec 201971,66359.012.30$4,245
Nov 201922,00055.302.75$5,612
Oct 201912,44553.472.42$5,967
Sep 201902,61555.052.66$6,949
Aug 201902,67653.112.30$6,166
Jul 201903,29856.272.46$8,113
Jun 201902,96552.782.49$7,386
May 201923,16658.482.74$8,793
Apr 201923,11662.632.75$8,696
Mar 201932,39156.803.06$7,492
Feb 2019122,52650.852.79$7,663
Jan 2019493,32346.033.23$12,983
Dec 2018373,33846.594.19$15,695
Nov 2018343,71552.934.24$17,541
Oct 2018223,35361.443.40$12,745
Sep 2018323,48759.543.11$12,743
Aug 2018112,91859.403.07$9,602
Jul 201822,82165.142.93$8,401
Jun 201822,62260.183.08$8,188
May 201822,56165.382.90$7,560
Apr 201821,74463.842.90$5,187
Mar 201801,84861.222.79$5,150
Feb 201811,45461.782.77$4,084
Jan 201811,68462.874.01$6,815
Dec 201701,37957.272.92$4,029
Nov 201711,96955.423.12$6,195
Oct 201711,85649.292.98$5,587
Sep 201712,06547.523.09$6,423
Aug 201702,06745.373.00$6,210
Jul 201701,85343.873.09$5,721
Jun 201702,04142.493.09$6,301
May 201712,15045.373.26$7,062
Apr 201711,99547.933.21$6,455
Mar 201712,03246.772.98$6,110
Feb 201701,56150.452.95$4,609
Jan 201711,63149.413.42$5,625
Dec 201611,59548.763.72$5,987
Nov 201601,68842.492.64$4,464
Oct 201602,20346.193.09$6,808
Sep 201602,06941.553.10$6,415
Aug 201601,94241.442.92$5,679
Jul 201602,33541.622.92$6,828
Jun 201602,03745.352.69$5,471
May 201601,39442.521.99$2,776
Apr 201601,72236.561.99$3,429
Mar 201601,05333.011.79$1,889
Feb 201601,03126.472.06$2,128
Jan 2016094527.352.36$2,234
Dec 201501,94132.362.00$3,885
Nov 201501,66338.792.17$3,604
Oct 201501,65043.552.43$4,004
Sep 201501,92342.992.76$5,304
Aug 201501,74440.162.87$5,010
Jul 201502,00248.152.95$5,896
Jun 201501,95956.152.88$5,648
May 201502,04255.212.96$6,035
Apr 201501,49349.822.71$4,041
Mar 201501,23142.892.93$3,613
Feb 201501,57344.662.98$4,682
Jan 201501,88043.433.10$5,829
Dec 201402,59054.693.59$9,302
Nov 201402,57170.464.25$10,931
Oct 201401,76478.303.90$6,881
Sep 201402,20186.164.05$8,904
Aug 201401,64589.394.04$6,638
Jul 201401,71896.564.18$7,181
Jun 201401,89398.164.74$8,967
May 201401,66894.734.73$7,884
Apr 201402,34495.944.81$11,273
Mar 201402,55995.895.06$12,940
Feb 201402,35097.406.19$14,551
Jan 201402,47990.404.86$12,050
Dec 201302,26591.824.35$9,863
Nov 201302,85688.853.74$10,677
Oct 201302,64597.423.78$9,996
Sep 201303,990104.113.72$14,834
Aug 201304,172104.253.52$14,696
Jul 201302,793102.523.72$10,384
Jun 201303,50794.403.93$13,794
May 201302,90794.834.15$12,061
Apr 201302,41393.964.28$10,334
Mar 201302,26793.623.91$8,870
Feb 201302,32991.233.42$7,965
Jan 201303,49891.603.42$11,963
Dec 201204,87686.773.42$16,677
Nov 201203,37186.953.62$12,220
Oct 2012090489.383.40$3,073
Sep 201202,63494.672.92$7,687
Aug 201202,10692.662.91$6,125
Jul 201204,50285.133.02$13,600
Jun 201204,47579.822.52$11,273
May 201204,34791.612.49$10,817
Apr 201204,357101.652.00$8,700
Mar 201203,305105.052.22$7,344
Feb 201203,050101.102.57$7,839
Jan 201202,80898.092.73$7,677
Dec 201104,21096.873.24$13,639
Nov 201103,63395.723.31$12,030
Oct 201103,78284.983.65$13,799
Sep 201104,13283.623.99$16,469
Aug 201104,28283.404.15$17,767
Jul 201102,56894.144.52$11,600
Jun 201104,87092.904.64$22,596
May 201103,54098.134.40$15,593
Apr 201101,992105.964.33$8,632
Mar 201101,61496.364.06$6,549
Feb 201101,26385.644.18$5,279
Jan 201103,01786.504.59$13,844
Dec 201002,04585.734.35$8,891
Nov 201001,79580.843.80$6,813
Oct 201003,11878.103.51$10,941
Sep 201003,94872.633.98$15,711
Aug 201003,30673.684.42$14,610
Jul 201003,05172.554.74$14,451
Jun 201002,01670.364.91$9,899
May 201002,84371.124.24$12,041
Apr 201003,58481.694.12$14,776
Mar 201002,68378.394.39$11,775
Feb 201002,49673.585.44$13,584
Jan 201004,17874.365.96$24,918
Dec 200903,34471.445.48$18,338
Nov 200902,96974.593.75$11,138
Oct 200903,97272.544.11$16,326
Sep 200904,63465.543.06$14,202
Aug 200903,09367.423.22$9,955
Jul 200904,37661.133.46$15,161
Jun 200905,46566.163.90$21,286
May 200906,52054.743.93$25,596
Apr 200905,13446.773.59$18,418
Mar 200907,26642.144.06$29,493
Feb 200903,82132.814.63$17,703
Jan 200909,19135.865.37$49,365
Dec 2008010,48537.105.98$62,670
Nov 2008010,01355.496.86$68,693
Oct 2008010,59675.246.92$73,345
Sep 200808,497101.767.88$66,932
Aug 2008010,175114.228.48$86,315
Jul 2008012,012131.0811.39$136,810
Jun 2008011,435131.3313.03$149,028
May 2008010,020123.1711.57$115,974
Apr 2008012,178110.3110.45$127,319
Mar 2008012,831101.909.66$124,000
Feb 2008011,83592.538.77$103,800
Jan 2008013,92190.388.21$114,232
Dec 2007016,76988.337.30$122,447
Nov 2007020,61491.677.29$150,311
Oct 200703,65582.856.92$25,300

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.

May 2026 — as filed, then multipliedworked
Condensate             1 bbl  × $106.41 =       $106
Gas                  118 Mcf  × $  3.05 =       $359

────────────────────────────────────────────────────
Month total                                     $466

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/232507 is the state's own key, not one this site invented.