PARKS FIELD UNIT NO. 2

Name: PARKS FIELD UNIT NO. 2 lease production and value, Jul 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by MOBIL PRODUCING TX. & N.M. INC. (P-5 572550) in the PARKS (DEVONIAN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 146412District 08Field 69233166CondensateGasSave Export

Value, all time

$62 k

Jul 1993 – Sep 1997

Value, last 12 filed months

$13 k

at the published price for each month

Months reported

no gaps in the span

Streams

condensate, gas

The PARKS (DEVONIAN) 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 67 leases and 69 wells, and the rule below applies to all of them.

Discovered

1969-02-01

as the register files it

Field class

Oil and gas

the register's own label

Between wells

330 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 2006-02-07.

The Commission's schedule remark for this field reads: “RULE AMENDED TO REFLECT 5000' DIAGONAL.”

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	3,519 bbl	$61,984
Gas	Production	47,984 Mcf	$124
Total			$62,108

47,949 Mcf of this lease's gas, across 42 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 31.8343, -102.1666. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.83430, -102.16659 · 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

12,150 ft

1 wells filed one

Completion to plug

14.0 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 12,150 ft.

Completions filed

Sep 1983

1 of 1 wells

Plug dates filed

Sep 1997

1 of 1 wells

Last completion to plug: a median of 14.0 years across the 1 well that filed both dates, with the middle half between 14.0 years and 14.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-32902204	1319	12,150 ft	Sep 1983	Sep 1997	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 (51)

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

51 months


Sep 1997	0	0	17.74	2.95	$0
Aug 1997	0	0	17.86	2.55	$0
Jul 1997	0	0	17.58	2.25	$0
Jun 1997	0	0	17.24	2.26	$0
May 1997	0	0	18.97	2.31	$0
Apr 1997	0	0	17.88	2.08	$0
Mar 1997	0	0	18.95	1.94	$0
Feb 1997	9	0	20.49	2.21	$184
Jan 1997	103	35	23.48	3.54	$2,542
Dec 1996	120	51	23.32	—	$2,798
Nov 1996	145	49	21.97	—	$3,186
Oct 1996	187	48	23.31	—	$4,359
Sep 1996	185	136	22.22	—	$4,111
Aug 1996	130	74	20.26	—	$2,634
Jul 1996	133	87	19.55	—	$2,600
Jun 1996	71	812	18.73	—	$1,330
May 1996	11	1,189	19.43	—	$214
Apr 1996	15	2,228	21.51	—	$323
Mar 1996	35	4,222	19.38	—	$678
Feb 1996	41	3,232	16.98	—	$696
Jan 1996	36	2,958	17.07	—	$615
Dec 1995	30	2,400	17.19	—	$516
Nov 1995	42	2,392	16.00	—	$672
Oct 1995	57	1,572	15.43	—	$880
Sep 1995	48	1,885	16.18	—	$777
Aug 1995	122	1,240	15.92	—	$1,942
Jul 1995	144	1,480	15.24	—	$2,195
Jun 1995	68	832	16.41	—	$1,116
May 1995	116	1,093	17.56	—	$2,037
Apr 1995	124	1,492	17.73	—	$2,199
Mar 1995	136	1,545	16.44	—	$2,236
Feb 1995	118	800	16.58	—	$1,956
Jan 1995	227	1,543	15.92	—	$3,614
Dec 1994	41	442	15.03	—	$616
Nov 1994	23	39	15.90	—	$366
Oct 1994	18	41	15.58	—	$280
Sep 1994	33	56	15.29	—	$505
Aug 1994	33	651	16.13	—	$532
Jul 1994	71	1,389	17.56	—	$1,247
Jun 1994	68	1,746	17.09	—	$1,162
May 1994	69	1,697	15.88	—	$1,096
Apr 1994	77	1,421	14.14	—	$1,089
Mar 1994	90	1,374	12.46	—	$1,121
Feb 1994	63	1,080	12.50	—	$788
Jan 1994	77	803	12.66	—	$975
Dec 1993	79	622	12.33	—	$974
Nov 1993	77	728	14.49	—	$1,116
Oct 1993	87	865	15.85	—	$1,379
Sep 1993	68	788	15.03	—	$1,022
Aug 1993	52	477	15.66	—	$814
Jul 1993	40	370	15.46	—	$618

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.

Feb 1997 — as filed, then multipliedworked

Condensate             9 bbl  × $ 20.49 =       $184
Gas                    0 Mcf  × $  2.21 =         $0

────────────────────────────────────────────────────
Month total                                     $184

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. 08/G/146412 is the state's own key, not one this site invented.