PARKS FIELD UNIT NO. 2

Name: PARKS FIELD UNIT NO. 2 lease production and value, May 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 173519District 08Field 692331662 tax incentive programmesCondensateGasSave Export

Value, all time

$11.2 M

May 1999 – Jul 2015

Value, last 12 filed months

at the published price for each month

Months reported

195

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	2000-01-10	140993
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	35,349 bbl	$1,203,842
Gas	Production	2,210,512 Mcf	$9,996,345
Total			$11,200,188

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 31.8264, -102.1510. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.82643, -102.15103 · 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

12,635 ft

1 wells filed one

Completion to plug

16.2 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 12,635 ft.

Completions filed

May 1999

1 of 1 wells

Plug dates filed

Jul 2015

1 of 1 wells

Last completion to plug: a median of 16.2 years across the 1 well that filed both dates, with the middle half between 16.2 years and 16.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-32931320	1918H	12,635 ft	May 1999	Jul 2015	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 (195)

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

195 months


Jul 2015	0	0	48.15	2.95	$0
Jun 2015	0	0	56.15	2.88	$0
May 2015	0	0	55.21	2.96	$0
Apr 2015	0	0	49.82	2.71	$0
Mar 2015	0	0	42.89	2.93	$0
Feb 2015	0	0	44.66	2.98	$0
Jan 2015	0	0	43.43	3.10	$0
Dec 2014	0	0	54.69	3.59	$0
Nov 2014	0	0	70.46	4.25	$0
Oct 2014	0	0	78.30	3.90	$0
Sep 2014	0	0	86.16	4.05	$0
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	2	0	88.85	3.74	$178
Oct 2013	17	3,878	97.42	3.78	$16,313
Sep 2013	28	4,794	104.11	3.72	$20,738
Aug 2013	43	5,912	104.25	3.52	$25,308
Jul 2013	117	9,233	102.52	3.72	$46,321
Jun 2013	146	8,098	94.40	3.93	$45,635
May 2013	0	0	94.83	4.15	$0
Apr 2013	0	0	93.96	4.28	$0
Mar 2013	0	0	93.62	3.91	$0
Feb 2013	3	869	91.23	3.42	$3,246
Jan 2013	9	1,990	91.60	3.42	$7,630
Dec 2012	39	3,183	86.77	3.42	$14,270
Nov 2012	34	4,653	86.95	3.62	$19,823
Oct 2012	33	6,661	89.38	3.40	$25,595
Sep 2012	40	7,170	94.67	2.92	$24,712
Aug 2012	7	812	92.66	2.91	$3,010
Jul 2012	7	624	85.13	3.02	$2,481
Jun 2012	9	2,475	79.82	2.52	$6,953
May 2012	7	3,313	91.61	2.49	$8,885
Apr 2012	10	3,772	101.65	2.00	$8,548
Mar 2012	21	5,273	105.05	2.22	$13,923
Feb 2012	33	3,406	101.10	2.57	$12,091
Jan 2012	41	2,049	98.09	2.73	$9,624
Dec 2011	54	3,062	96.87	3.24	$15,151
Nov 2011	91	2,502	95.72	3.31	$16,995
Oct 2011	75	2,512	84.98	3.65	$15,539
Sep 2011	70	2,734	83.62	3.99	$16,751
Aug 2011	59	3,214	83.40	4.15	$18,257
Jul 2011	35	2,957	94.14	4.52	$16,652
Jun 2011	40	2,741	92.90	4.64	$16,434
May 2011	29	2,924	98.13	4.40	$15,725
Apr 2011	34	3,228	105.96	4.33	$17,590
Mar 2011	34	3,243	96.36	4.06	$16,434
Feb 2011	7	2,695	85.64	4.18	$11,865
Jan 2011	52	2,615	86.50	4.59	$16,498
Dec 2010	12	2,453	85.73	4.35	$11,694
Nov 2010	14	2,558	80.84	3.80	$10,840
Oct 2010	16	2,329	78.10	3.51	$9,422
Sep 2010	20	2,445	72.63	3.98	$11,182
Aug 2010	26	2,498	73.68	4.42	$12,955
Jul 2010	23	2,655	72.55	4.74	$14,244
Jun 2010	43	4,123	70.36	4.91	$23,271
May 2010	155	5,605	71.12	4.24	$34,762
Apr 2010	38	4,016	81.69	4.12	$19,661
Mar 2010	53	4,993	78.39	4.39	$26,067
Feb 2010	177	7,031	73.58	5.44	$51,289
Jan 2010	159	6,026	74.36	5.96	$47,763
Dec 2009	170	7,005	71.44	5.48	$50,558
Nov 2009	8	7,786	74.59	3.75	$29,806
Oct 2009	72	6,819	72.54	4.11	$33,251
Sep 2009	13	6,807	65.54	3.06	$21,714
Aug 2009	109	7,879	67.42	3.22	$32,707
Jul 2009	100	7,191	61.13	3.46	$31,026
Jun 2009	56	3,200	66.16	3.90	$16,169
May 2009	93	3,159	54.74	3.93	$17,492
Apr 2009	28	3,673	46.77	3.59	$14,486
Mar 2009	35	4,307	42.14	4.06	$18,957
Feb 2009	31	4,021	32.81	4.63	$19,646
Jan 2009	101	5,375	35.86	5.37	$32,491
Dec 2008	134	5,669	37.10	5.98	$38,856
Nov 2008	104	5,964	55.49	6.86	$46,686
Oct 2008	84	4,195	75.24	6.92	$35,358
Sep 2008	97	4,410	101.76	7.88	$44,609
Aug 2008	93	3,867	114.22	8.48	$43,426
Jul 2008	40	2,508	131.08	11.39	$33,808
Jun 2008	94	4,086	131.33	13.03	$65,596
May 2008	161	7,893	123.17	11.57	$111,186
Apr 2008	177	6,054	110.31	10.45	$82,819
Mar 2008	129	7,761	101.90	9.66	$88,148
Feb 2008	131	7,162	92.53	8.77	$74,936
Jan 2008	73	6,537	90.38	8.21	$60,239
Dec 2007	27	3,472	88.33	7.30	$27,737
Nov 2007	33	3,134	91.67	7.29	$25,877
Oct 2007	19	4,441	82.85	6.92	$32,315
Sep 2007	30	4,250	75.84	6.24	$28,813
Aug 2007	32	4,316	69.06	6.39	$29,780
Jul 2007	54	5,071	70.90	6.39	$36,222
Jun 2007	78	7,192	62.00	7.55	$59,124
May 2007	171	8,768	58.74	7.85	$78,841
Apr 2007	111	8,696	59.61	7.81	$74,491
Mar 2007	95	7,440	56.92	7.30	$59,734
Feb 2007	59	3,396	55.10	8.22	$31,152
Jan 2007	100	6,117	50.30	6.73	$46,178
Dec 2006	104	6,431	56.65	6.92	$50,384
Nov 2006	79	8,349	54.20	7.62	$67,880
Oct 2006	67	10,296	54.90	6.01	$65,596
Sep 2006	56	9,848	60.08	5.04	$52,971
Aug 2006	55	8,003	68.71	7.34	$62,520
Jul 2006	59	8,261	69.37	6.34	$56,490
Jun 2006	59	8,717	66.28	6.38	$59,559
May 2006	111	8,976	66.01	6.42	$64,998
Apr 2006	108	9,707	64.39	7.36	$78,402
Mar 2006	112	11,625	56.70	7.08	$88,689
Feb 2006	89	6,282	57.59	7.75	$53,818
Jan 2006	168	10,225	60.59	8.93	$101,522
Dec 2005	162	9,194	54.94	13.42	$132,241
Nov 2005	103	7,396	54.69	10.59	$83,945
Oct 2005	138	8,777	58.34	13.80	$129,136
Sep 2005	153	9,340	61.45	12.08	$122,220
Aug 2005	143	9,317	61.51	9.80	$100,073
Jul 2005	92	8,450	55.69	7.84	$71,402
Jun 2005	74	8,575	52.33	7.38	$67,165
May 2005	104	8,867	45.22	6.65	$63,679
Apr 2005	153	8,068	49.20	7.36	$66,912
Mar 2005	179	8,660	50.37	7.15	$70,977
Feb 2005	148	9,079	45.22	6.31	$63,998
Jan 2005	146	11,578	43.16	6.32	$79,500
Dec 2004	140	10,000	39.86	6.75	$73,091
Nov 2004	81	8,299	45.28	6.33	$56,204
Oct 2004	83	10,430	49.70	6.52	$72,078
Sep 2004	56	10,770	43.24	5.28	$59,329
Aug 2004	57	12,441	42.37	5.55	$71,471
Jul 2004	70	12,344	38.28	6.08	$77,783
Jun 2004	88	11,225	36.10	6.43	$75,387
May 2004	73	10,995	37.48	6.49	$74,144
Apr 2004	64	11,371	34.47	5.86	$68,823
Mar 2004	57	12,556	34.36	5.53	$71,395
Feb 2004	58	10,632	32.45	5.51	$60,460
Jan 2004	68	11,281	32.03	6.30	$73,244
Dec 2003	74	11,843	30.26	6.30	$76,870
Nov 2003	58	11,815	28.80	4.60	$55,962
Oct 2003	72	12,465	28.17	4.76	$61,357
Sep 2003	68	11,726	26.31	4.75	$57,480
Aug 2003	79	11,717	29.76	5.13	$62,456
Jul 2003	89	13,949	29.41	5.17	$74,746
Jun 2003	109	9,578	28.56	5.98	$60,418
May 2003	105	9,248	26.59	5.97	$58,027
Apr 2003	94	9,436	26.67	5.41	$53,530
Mar 2003	133	10,072	31.14	6.10	$65,541
Feb 2003	97	8,560	33.48	7.93	$71,093
Jan 2003	226	14,833	30.31	5.58	$89,648
Dec 2002	156	15,281	26.91	4.85	$78,368
Nov 2002	170	15,393	24.66	4.14	$67,872
Oct 2002	223	15,393	26.46	4.23	$70,999
Sep 2002	225	18,316	27.44	3.64	$72,756
Aug 2002	213	18,766	25.96	3.16	$64,908
Jul 2002	159	21,973	24.58	3.06	$71,184
Jun 2002	186	20,101	23.73	3.34	$71,516
May 2002	229	24,696	24.66	3.58	$94,158
Apr 2002	226	23,504	23.65	3.51	$87,898
Mar 2002	213	22,176	22.00	3.10	$73,492
Feb 2002	207	18,046	18.22	2.38	$46,643
Jan 2002	311	21,704	17.17	2.38	$56,902
Dec 2001	319	27,942	16.93	2.36	$71,467
Nov 2001	206	27,675	18.07	2.41	$70,295
Oct 2001	263	21,299	19.78	2.53	$59,065
Sep 2001	62	16,787	24.26	2.25	$39,297
Aug 2001	249	19,884	24.87	3.05	$66,902
Jul 2001	260	21,965	23.93	3.20	$76,446
Jun 2001	336	20,711	24.56	3.82	$87,454
May 2001	334	23,638	25.52	4.31	$110,340
Apr 2001	360	24,413	24.68	5.34	$139,136
Mar 2001	467	25,348	24.54	5.38	$147,742
Feb 2001	350	20,710	27.75	5.77	$129,149
Jan 2001	532	24,869	27.47	8.40	$223,483
Dec 2000	635	30,330	26.88	9.12	$293,754
Nov 2000	464	27,384	32.21	5.66	$169,884
Oct 2000	455	28,743	31.23	5.15	$162,107
Sep 2000	413	29,259	31.87	5.19	$164,914
Aug 2000	483	31,503	29.64	4.54	$157,363
Jul 2000	546	32,479	28.53	4.09	$148,408
Jun 2000	564	30,597	29.30	4.40	$151,068
May 2000	653	33,466	27.26	3.68	$140,947
Apr 2000	826	32,456	24.51	3.12	$121,378
Mar 2000	861	34,879	28.42	2.86	$124,215
Feb 2000	758	38,813	27.62	2.73	$126,760
Jan 2000	867	40,869	25.27	2.48	$123,285
Dec 1999	952	44,663	24.28	2.42	$131,365
Nov 1999	1,120	46,275	23.19	2.43	$138,606
Oct 1999	1,350	50,689	20.98	2.80	$170,440
Sep 1999	1,342	51,727	21.75	2.62	$164,654
Aug 1999	1,611	61,429	19.26	2.88	$207,673
Jul 1999	1,954	69,536	17.89	2.37	$199,922
Jun 1999	1,994	77,929	15.94	2.36	$215,860
May 1999	1,580	66,344	15.79	2.32	$178,934

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             2 bbl  × $ 88.85 =       $178
Gas                    0 Mcf  × $  3.74 =         $0

────────────────────────────────────────────────────
Month total                                     $178

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/173519 is the state's own key, not one this site invented.