PARKS FIELD UNIT NO. 2

Name: PARKS FIELD UNIT NO. 2 lease production and value, Feb 1999 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by XTO ENERGY INC. (P-5 945936) 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 172686District 08Field 692331662 tax incentive programmesCondensateGasSave Export

Value, all time

$22.5 M

Feb 1999 – Aug 2014

Value, last 12 filed months

$66 k

at the published price for each month

Months reported

187

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.”

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	1999-06-04	140551
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	98,427 bbl	$2,835,157
Gas	Production	4,513,845 Mcf	$19,654,870
Total			$22,490,028

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 31.8582, -102.1602. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.85817, -102.16018 · 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

11,932 ft

1 wells filed one

Completion to plug

15.5 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 11,932 ft.

Completions filed

Feb 1999

1 of 1 wells

Plug dates filed

Aug 2014

1 of 1 wells

Last completion to plug: a median of 15.5 years across the 1 well that filed both dates, with the middle half between 15.5 years and 15.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-32934128	905H	11,932 ft	Feb 1999	Aug 2014	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 (187)

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

187 months


Aug 2014	0	0	89.39	4.04	$0
Jul 2014	0	0	96.56	4.18	$0
Jun 2014	0	0	98.16	4.74	$0
May 2014	0	0	94.73	4.73	$0
Apr 2014	0	0	95.94	4.81	$0
Mar 2014	0	0	95.89	5.06	$0
Feb 2014	0	0	97.40	6.19	$0
Jan 2014	0	0	90.40	4.86	$0
Dec 2013	0	0	91.82	4.35	$0
Nov 2013	4	0	88.85	3.74	$355
Oct 2013	32	3,812	97.42	3.78	$17,524
Sep 2013	48	11,473	104.11	3.72	$47,651
Aug 2013	46	9,272	104.25	3.52	$37,457
Jul 2013	69	8,625	102.52	3.72	$39,139
Jun 2013	86	11,735	94.40	3.93	$54,277
May 2013	0	0	94.83	4.15	$0
Apr 2013	0	0	93.96	4.28	$0
Mar 2013	15	0	93.62	3.91	$1,404
Feb 2013	72	4,506	91.23	3.42	$21,979
Jan 2013	118	6,179	91.60	3.42	$31,940
Dec 2012	79	6,160	86.77	3.42	$27,923
Nov 2012	51	6,211	86.95	3.62	$26,949
Oct 2012	37	6,665	89.38	3.40	$25,966
Sep 2012	27	7,822	94.67	2.92	$25,384
Aug 2012	6	1,708	92.66	2.91	$5,523
Jul 2012	1	188	85.13	3.02	$653
Jun 2012	0	0	79.82	2.52	$0
May 2012	0	0	91.61	2.49	$0
Apr 2012	0	0	101.65	2.00	$0
Mar 2012	0	0	105.05	2.22	$0
Feb 2012	8	0	101.10	2.57	$809
Jan 2012	72	5,491	98.09	2.73	$22,075
Dec 2011	105	8,358	96.87	3.24	$37,249
Nov 2011	113	8,103	95.72	3.31	$37,648
Oct 2011	105	8,972	84.98	3.65	$41,658
Sep 2011	80	8,118	83.62	3.99	$39,046
Aug 2011	73	9,176	83.40	4.15	$44,162
Jul 2011	89	7,369	94.14	4.52	$41,666
Jun 2011	70	6,081	92.90	4.64	$34,718
May 2011	112	7,992	98.13	4.40	$46,194
Apr 2011	86	7,298	105.96	4.33	$40,737
Mar 2011	108	8,415	96.36	4.06	$44,549
Feb 2011	51	5,677	85.64	4.18	$28,097
Jan 2011	92	7,092	86.50	4.59	$40,502
Dec 2010	83	7,761	85.73	4.35	$40,858
Nov 2010	91	8,339	80.84	3.80	$39,006
Oct 2010	76	7,484	78.10	3.51	$32,196
Sep 2010	89	7,469	72.63	3.98	$36,187
Aug 2010	87	10,411	73.68	4.42	$52,420
Jul 2010	108	12,885	72.55	4.74	$68,865
Jun 2010	122	11,229	70.36	4.91	$63,723
May 2010	118	6,881	71.12	4.24	$37,535
Apr 2010	118	7,049	81.69	4.12	$38,700
Mar 2010	76	4,371	78.39	4.39	$25,141
Feb 2010	151	6,992	73.58	5.44	$49,164
Jan 2010	209	7,976	74.36	5.96	$63,111
Dec 2009	201	7,773	71.44	5.48	$56,985
Nov 2009	180	7,555	74.59	3.75	$41,769
Oct 2009	180	8,015	72.54	4.11	$46,001
Sep 2009	153	7,861	65.54	3.06	$34,120
Aug 2009	126	7,603	67.42	3.22	$32,965
Jul 2009	175	8,535	61.13	3.46	$40,267
Jun 2009	167	17,584	66.16	3.90	$79,538
May 2009	199	14,968	54.74	3.93	$69,654
Apr 2009	221	11,804	46.77	3.59	$52,683
Mar 2009	241	11,946	42.14	4.06	$58,645
Feb 2009	180	10,653	32.81	4.63	$55,261
Jan 2009	220	12,542	35.86	5.37	$75,252
Dec 2008	182	10,844	37.10	5.98	$71,568
Nov 2008	176	11,422	55.49	6.86	$88,125
Oct 2008	125	8,220	75.24	6.92	$66,304
Sep 2008	151	7,289	101.76	7.88	$72,782
Aug 2008	174	12,958	114.22	8.48	$129,797
Jul 2008	180	10,214	131.08	11.39	$139,926
Jun 2008	186	7,122	131.33	13.03	$117,246
May 2008	280	9,170	123.17	11.57	$140,624
Apr 2008	213	11,209	110.31	10.45	$140,685
Mar 2008	72	11,827	101.90	9.66	$121,634
Feb 2008	65	11,466	92.53	8.77	$106,578
Jan 2008	69	13,673	90.38	8.21	$118,433
Dec 2007	63	10,986	88.33	7.30	$85,784
Nov 2007	71	10,007	91.67	7.29	$79,477
Oct 2007	70	12,118	82.85	6.92	$89,680
Sep 2007	61	10,341	75.84	6.24	$69,197
Aug 2007	70	10,781	69.06	6.39	$73,703
Jul 2007	75	12,317	70.90	6.39	$83,998
Jun 2007	67	12,359	62.00	7.55	$97,445
May 2007	88	13,704	58.74	7.85	$112,695
Apr 2007	106	12,899	59.61	7.81	$106,998
Mar 2007	84	12,343	56.92	7.30	$94,910
Feb 2007	91	10,930	55.10	8.22	$94,815
Jan 2007	102	11,322	50.30	6.73	$81,292
Dec 2006	96	11,521	56.65	6.92	$85,146
Nov 2006	102	11,263	54.20	7.62	$91,324
Oct 2006	148	15,344	54.90	6.01	$100,401
Sep 2006	161	16,539	60.08	5.04	$92,983
Aug 2006	190	18,493	68.71	7.34	$148,792
Jul 2006	182	19,231	69.37	6.34	$134,603
Jun 2006	180	14,978	66.28	6.38	$107,548
May 2006	255	18,319	66.01	6.42	$134,532
Apr 2006	257	20,185	64.39	7.36	$165,120
Mar 2006	316	20,438	56.70	7.08	$162,678
Feb 2006	333	9,987	57.59	7.75	$96,588
Jan 2006	460	14,967	60.59	8.93	$161,576
Dec 2005	413	15,432	54.94	13.42	$229,717
Nov 2005	405	20,630	54.69	10.59	$240,588
Oct 2005	455	24,472	58.34	13.80	$364,155
Sep 2005	118	17,434	61.45	12.08	$217,836
Aug 2005	166	24,301	61.51	9.80	$248,284
Jul 2005	232	22,138	55.69	7.84	$186,563
Jun 2005	234	15,671	52.33	7.38	$127,914
May 2005	356	13,802	45.22	6.65	$107,898
Apr 2005	420	14,841	49.20	7.36	$129,901
Mar 2005	471	14,993	50.37	7.15	$130,997
Feb 2005	335	13,846	45.22	6.31	$102,544
Jan 2005	333	13,725	43.16	6.32	$101,144
Dec 2004	481	13,604	39.86	6.75	$111,014
Nov 2004	150	12,726	45.28	6.33	$87,353
Oct 2004	153	13,666	49.70	6.52	$96,639
Sep 2004	152	12,618	43.24	5.28	$73,245
Aug 2004	161	12,076	42.37	5.55	$73,851
Jul 2004	172	12,878	38.28	6.08	$84,936
Jun 2004	178	11,868	36.10	6.43	$82,773
May 2004	227	10,427	37.48	6.49	$76,227
Apr 2004	294	17,795	34.47	5.86	$114,385
Mar 2004	384	23,801	34.36	5.53	$144,817
Feb 2004	402	24,480	32.45	5.51	$147,920
Jan 2004	409	31,058	32.03	6.30	$208,754
Dec 2003	379	27,277	30.26	6.30	$183,358
Nov 2003	365	23,662	28.80	4.60	$119,243
Oct 2003	362	28,235	28.17	4.76	$144,586
Sep 2003	361	37,870	26.31	4.75	$189,356
Aug 2003	344	32,792	29.76	5.13	$178,451
Jul 2003	351	33,825	29.41	5.17	$185,227
Jun 2003	362	33,623	28.56	5.98	$211,504
May 2003	376	37,431	26.59	5.97	$233,561
Apr 2003	431	33,892	26.67	5.41	$194,758
Mar 2003	513	24,249	31.14	6.10	$163,798
Feb 2003	530	15,953	33.48	7.93	$144,186
Jan 2003	598	13,287	30.31	5.58	$92,294
Dec 2002	348	25,046	26.91	4.85	$130,932
Nov 2002	298	24,296	24.66	4.14	$107,860
Oct 2002	229	24,296	26.46	4.23	$108,810
Sep 2002	124	31,396	27.44	3.64	$117,533
Aug 2002	183	34,362	25.96	3.16	$113,478
Jul 2002	224	36,785	24.58	3.06	$118,133
Jun 2002	221	35,594	23.73	3.34	$124,066
May 2002	267	38,609	24.66	3.58	$144,959
Apr 2002	361	40,795	23.65	3.51	$151,823
Mar 2002	702	47,281	22.00	3.10	$162,144
Feb 2002	674	47,244	18.22	2.38	$124,517
Jan 2002	900	50,987	17.17	2.38	$136,582
Dec 2001	897	50,815	16.93	2.36	$135,333
Nov 2001	708	58,259	18.07	2.41	$152,937
Oct 2001	858	41,406	19.78	2.53	$121,682
Sep 2001	802	43,974	24.26	2.25	$118,456
Aug 2001	619	40,009	24.87	3.05	$137,548
Jul 2001	616	37,819	23.93	3.20	$135,651
Jun 2001	654	37,541	24.56	3.82	$159,625
May 2001	845	39,672	25.52	4.31	$192,444
Apr 2001	965	40,945	24.68	5.34	$242,271
Mar 2001	1,128	43,976	24.54	5.38	$264,115
Feb 2001	1,126	42,313	27.75	5.77	$275,269
Jan 2001	1,303	50,485	27.47	8.40	$459,805
Dec 2000	1,241	51,526	26.88	9.12	$503,404
Nov 2000	1,214	47,817	32.21	5.66	$309,652
Oct 2000	1,115	54,085	31.23	5.15	$313,116
Sep 2000	1,024	52,547	31.87	5.19	$305,170
Aug 2000	1,090	55,044	29.64	4.54	$282,249
Jul 2000	1,205	58,263	28.53	4.09	$272,660
Jun 2000	1,360	60,701	29.30	4.40	$306,765
May 2000	1,414	64,701	27.26	3.68	$276,629
Apr 2000	1,599	65,348	24.51	3.12	$242,816
Mar 2000	2,061	71,411	28.42	2.86	$262,791
Feb 2000	1,994	70,219	27.62	2.73	$246,526
Jan 2000	2,299	79,351	25.27	2.48	$254,926
Dec 1999	2,436	84,734	24.28	2.42	$264,518
Nov 1999	2,395	84,005	23.19	2.43	$260,007
Oct 1999	2,495	95,256	20.98	2.80	$319,415
Sep 1999	2,613	94,071	21.75	2.62	$303,191
Aug 1999	2,908	103,966	19.26	2.88	$354,973
Jul 1999	3,414	116,662	17.89	2.37	$337,842
Jun 1999	4,308	136,886	15.94	2.36	$392,008
May 1999	5,172	126,676	15.79	2.32	$375,683
Apr 1999	5,514	120,903	15.10	2.21	$350,221
Mar 1999	6,691	143,451	12.47	1.84	$347,147
Feb 1999	4,813	96,969	9.98	1.82	$224,303

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 2013 — as filed, then multipliedworked

Condensate             4 bbl  × $ 88.85 =       $355
Gas                    0 Mcf  × $  3.74 =         $0

────────────────────────────────────────────────────
Month total                                     $355

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/172686 is the state's own key, not one this site invented.