PARKER UNIT 2

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 251602District 06Field 160321742 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.1 M
Aug 2009 – May 2026
Value, last 12 filed months
$97 k
at the published price for each month
Months reported
202
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 Gas112009-10-15194860
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
CondensateDisposition15,038 bbl$1,083,250
GasProduction809,042 Mcf$3,000,749
Total$4,083,999

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 32.2738, -94.3940. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.27379, -94.39402 · 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
10,115 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 10,115 ft.

Completions filed
Aug 2009
1 of 1 wells

1 well

42-365374571510,115 ftAug 2009

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 (202)

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

202 months

May 2026152,061106.413.05$7,874
Apr 2026181,93698.932.87$7,337
Mar 2026182,04489.753.15$8,053
Feb 2026172,04263.503.75$8,738
Jan 2026151,77059.138.00$15,043
Dec 2025162,04356.664.41$9,923
Nov 2025121,89358.593.93$8,136
Oct 202512,07659.383.30$6,920
Sep 202511,96162.743.08$6,097
Aug 202512,08563.933.01$6,350
Jul 202501,93266.743.32$6,405
Jun 202501,90966.483.13$5,973
May 202501,96560.553.23$6,352
Apr 202501,89662.363.54$6,718
Mar 202501,97867.704.27$8,443
Feb 202501,68770.884.34$7,323
Jan 202502,01774.324.28$8,630
Dec 202411,74168.993.12$5,503
Nov 202432,03669.052.20$4,683
Oct 202432,09071.372.28$4,982
Sep 202412,08569.612.36$4,999
Aug 202412,13075.632.06$4,471
Jul 202402,27879.932.15$4,890
Jun 202422,10378.082.63$5,695
May 202422,13678.812.20$4,853
Apr 202401,94384.451.66$3,224
Mar 202412,19580.301.55$3,472
Feb 202411,78076.091.78$3,251
Jan 202442,04973.023.30$7,049
Dec 2023192,15071.262.61$6,967
Nov 2023222,05277.892.81$7,475
Oct 2023161,81685.443.09$6,974
Sep 2023181,96789.042.74$6,983
Aug 2023912,15980.522.67$13,098
Jul 202342,00774.852.64$5,601
Jun 2023451,93168.962.26$7,464
May 2023482,02370.622.23$7,896
Apr 2023432,06078.122.24$7,969
Mar 202302,00372.852.39$4,794
Feb 2023471,61875.112.47$7,520
Jan 2023472,00976.533.39$10,403
Dec 2022861,92276.415.73$17,583
Nov 202212,08285.005.65$11,840
Oct 2022792,21587.185.86$19,875
Sep 202202,08584.888.16$17,021
Aug 2022812,17894.529.13$27,535
Jul 2022842,278101.587.54$25,714
Jun 2022772,223115.097.98$26,595
May 2022462,182109.378.43$23,432
Apr 202212,408104.226.84$16,569
Mar 2022152,280108.885.08$13,207
Feb 2022151,81991.054.86$10,204
Jan 2022151,93381.844.54$9,999
Dec 2021192,09371.323.90$9,516
Nov 202112,38677.435.24$12,573
Oct 2021182,73379.795.71$17,052
Sep 2021172,91269.865.35$16,770
Aug 2021142,25766.024.22$10,450
Jul 2021182,57970.783.98$11,544
Jun 202112,72269.493.38$9,272
May 2021202,81963.483.02$9,776
Apr 2021442,99460.362.76$10,915
Mar 2021494,10461.302.72$14,154
Feb 202103,44057.805.55$19,085
Jan 2021493,74650.412.81$12,997
Dec 2020483,12944.642.68$10,514
Nov 2020613,04338.772.71$10,601
Oct 202002,91636.972.48$7,227
Sep 2020402,72737.091.99$6,913
Aug 2020442,60739.982.39$7,977
Jul 2020442,56438.371.83$6,368
Jun 2020452,45134.901.69$5,713
May 2020442,61616.921.81$5,492
Apr 2020522,55214.751.80$5,372
Mar 2020662,69430.341.86$7,003
Feb 2020702,60549.881.98$8,651
Jan 20201282,82357.252.09$13,241
Dec 2019652,80059.012.30$10,288
Nov 2019142,55355.302.75$7,797
Oct 201922,67153.472.42$6,567
Sep 201922,97755.052.66$8,021
Aug 201923,12353.112.30$7,303
Jul 201902,89356.272.46$7,117
Jun 201902,82752.782.49$7,043
May 201922,95258.482.74$8,206
Apr 2019402,86662.632.75$10,389
Mar 2019542,97856.803.06$12,186
Feb 20191102,89750.852.79$13,683
Jan 2019563,21646.033.23$12,960
Dec 20181053,30246.594.19$18,712
Nov 2018502,93452.934.24$15,079
Oct 2018543,00461.443.40$13,526
Sep 2018363,24759.543.11$12,235
Aug 2018443,35259.403.07$12,893
Jul 2018233,31165.142.93$11,206
Jun 2018213,16460.183.08$10,999
May 2018413,06365.382.90$11,566
Apr 2018262,76363.842.90$9,675
Mar 2018182,23761.222.79$7,336
Feb 2018262,07361.782.77$7,340
Jan 2018263,15862.874.01$14,296
Dec 2017262,39857.272.92$8,495
Nov 2017432,90955.423.12$11,454
Oct 2017222,73449.292.98$9,242
Sep 2017302,90447.523.09$10,391
Aug 2017953,00045.373.00$13,323
Jul 2017533,14543.873.09$12,035
Jun 2017532,96842.493.09$11,415
May 20171033,27945.373.26$15,374
Apr 2017902,70647.933.21$13,004
Mar 2017552,76546.772.98$10,822
Feb 2017592,79350.452.95$11,223
Jan 20171203,50949.413.42$17,926
Dec 20161273,16148.763.72$17,960
Nov 2016653,46442.492.64$11,922
Oct 20161123,55846.193.09$16,168
Sep 2016813,69041.553.10$14,807
Aug 2016483,73441.442.92$12,909
Jul 2016303,70241.622.92$12,075
Jun 2016203,23745.352.69$9,601
May 2016233,73142.521.99$8,407
Apr 201663,24936.561.99$6,688
Mar 201612,84133.011.79$5,130
Feb 201662,65226.472.06$5,632
Jan 2016192,36327.352.36$6,107
Dec 2015272,92632.362.00$6,730
Nov 2015452,91938.792.17$8,072
Oct 2015343,29843.552.43$9,484
Sep 2015772,79542.992.76$11,020
Aug 2015533,12940.162.87$11,117
Jul 20151172,64848.152.95$13,432
Jun 20151213,24556.152.88$16,149
May 20151023,77155.212.96$16,776
Apr 20151233,32049.822.71$15,114
Mar 2015453,62442.892.93$12,565
Feb 2015863,38244.662.98$13,906
Jan 2015873,69943.433.10$15,248
Dec 2014694,33854.693.59$19,353
Nov 2014423,72870.464.25$18,810
Oct 2014363,45378.303.90$16,289
Sep 2014383,64286.164.05$18,008
Aug 2014363,57089.394.04$17,623
Jul 2014433,91296.564.18$20,503
Jun 2014713,69198.164.74$24,453
May 2014453,03594.734.73$18,608
Apr 2014262,90695.944.81$16,470
Mar 2014262,97795.895.06$17,547
Feb 2014162,82597.406.19$19,051
Jan 2014403,73090.404.86$21,746
Dec 2013443,03891.824.35$17,269
Nov 2013592,83088.853.74$15,821
Oct 2013613,74397.423.78$20,089
Sep 2013363,395104.113.72$16,370
Aug 201373,176104.253.52$11,918
Jul 201324,075102.523.72$15,355
Jun 201363,89794.403.93$15,895
May 2013173,23594.834.15$15,034
Apr 2013383,71693.964.28$19,485
Mar 2013373,19193.623.91$15,950
Feb 2013613,30491.233.42$16,864
Jan 2013483,58491.603.42$16,654
Dec 2012564,05086.773.42$18,711
Nov 2012573,54186.953.62$17,792
Oct 2012601,99389.383.40$12,138
Sep 2012583,74794.672.92$16,426
Aug 2012583,15392.662.91$14,544
Jul 20121003,42285.133.02$18,850
Jun 20121974,24379.822.52$26,413
May 20121823,63491.612.49$25,716
Apr 20121514,144101.652.00$23,624
Mar 20122192,923105.052.22$29,501
Feb 20121474,805101.102.57$27,212
Jan 20122185,31498.092.73$35,913
Dec 20112064,57696.873.24$34,780
Nov 20111425,28295.723.31$31,082
Oct 20111865,19184.983.65$34,746
Sep 20111315,23083.623.99$31,800
Aug 20111745,83883.404.15$38,735
Jul 2011916,32794.144.52$37,147
Jun 2011567,05192.904.64$37,918
May 2011758,10398.134.40$43,052
Apr 2011367,398105.964.33$35,872
Mar 2011596,54796.364.06$32,249
Feb 2011656,63085.644.18$33,280
Jan 2011678,78686.504.59$46,113
Dec 20101059,46885.734.35$50,166
Nov 20101218,20080.843.80$40,903
Oct 20101709,14878.103.51$45,376
Sep 20101869,43772.633.98$51,063
Aug 201018510,10873.684.42$58,302
Jul 201019110,61572.554.74$64,135
Jun 20102559,55470.364.91$64,856
May 201030113,10071.124.24$76,889
Apr 201041013,93781.694.12$90,951
Mar 201041516,56878.394.39$105,243
Feb 201038113,86273.585.44$103,476
Jan 201041116,81174.365.96$130,824
Dec 200955919,25971.445.48$145,547
Nov 200946722,95074.593.75$120,930
Oct 20091,02826,97672.544.11$185,449
Sep 20091,11332,42865.543.06$172,330
Aug 2009993,32067.423.22$17,360

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            15 bbl  × $106.41 =     $1,596
Gas                2,061 Mcf  × $  3.05 =     $6,277

────────────────────────────────────────────────────
Month total                                   $7,874

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/251602 is the state's own key, not one this site invented.