E. C. M. LEASE

Operated by PARALLEL PETROLEUM LLC (P-5 639028) in the MEANS, N. (QUEEN SAND) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 16697District 08Field 60139500Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$1.6 M
Jan 1993 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
401
no gaps in the span
Streams
2
oil, casinghead 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 19 leases and 112 wells, and the rule below applies to all of them.

Discovered
1955-12-22
as the register files it
Field class
Oil
the register's own label
Between wells
1,000 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 20 acres.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: OPTIONAL 20 ACRE DIAG.1500

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
OilDisposition54,979 bbl$1,599,958
Casinghead gasProduction36 Mcf$0
Total$1,599,958

36 Mcf of this lease's gas, across 36 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.

Every month this lease reported (401)

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

401 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20191056.803.06$57
Feb 20191050.852.79$51
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20176049.292.98$296
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 2014155086.164.05$13,355
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20146090.404.86$542
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 2013175097.423.78$17,049
Sep 201330104.113.72$312
Aug 20131730104.253.52$18,035
Jul 2013110102.523.72$1,128
Jun 20135094.403.93$472
May 20136094.834.15$569
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 2010173078.394.39$13,561
Feb 20100073.585.44$0
Jan 2010172074.365.96$12,790
Dec 2009330071.445.48$23,575
Nov 2009169074.593.75$12,606
Oct 20090072.544.11$0
Sep 2009186065.543.06$12,190
Aug 20090067.423.22$0
Jul 2009160061.133.46$9,781
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 2009172046.773.59$8,044
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 20081590114.228.48$18,161
Jul 20081590131.0811.39$20,842
Jun 20083220131.3313.03$42,288
May 200800123.1711.57$0
Apr 20081690110.3110.45$18,642
Mar 20083290101.909.66$33,525
Feb 20080092.538.77$0
Jan 2008326090.388.21$29,464
Dec 2007175088.337.30$15,458
Nov 2007324091.677.29$29,701
Oct 2007172082.856.92$14,250
Sep 2007348075.846.24$26,392
Aug 2007184069.066.39$12,707
Jul 2007356070.906.39$25,240
Jun 2007350062.007.55$21,700
May 2007168058.747.85$9,868
Apr 2007179059.617.81$10,670
Mar 2007344056.927.30$19,580
Feb 2007519055.108.22$28,597
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 2006175054.207.62$9,485
Oct 2006170054.906.01$9,333
Sep 2006357060.085.04$21,449
Aug 2006178068.717.34$12,230
Jul 2006347069.376.34$24,071
Jun 2006181066.286.38$11,997
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 200629057.597.75$1,670
Jan 20061060.598.93$61
Dec 20050054.9413.42$0
Nov 2005205054.6910.59$11,211
Oct 20050058.3413.80$0
Sep 20055061.4512.08$307
Aug 20053061.519.80$185
Jul 2005159055.697.84$8,855
Jun 20056052.337.38$314
May 2005142045.226.65$6,421
Apr 2005165049.207.36$8,118
Mar 2005329050.377.15$16,572
Feb 2005170045.226.31$7,687
Jan 2005347043.166.32$14,977
Dec 2004159039.866.75$6,338
Nov 2004339045.286.33$15,350
Oct 2004181049.706.52$8,996
Sep 2004669043.245.28$28,928
Aug 20040042.375.55$0
Jul 2004177038.286.08$6,776
Jun 2004532036.106.43$19,205
May 20040037.486.49$0
Apr 2004535034.475.86$18,441
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 2004352032.036.30$11,275
Dec 2003178030.266.30$5,386
Nov 20030028.804.60$0
Oct 2003171028.174.76$4,817
Sep 2003179026.314.75$4,709
Aug 2003178029.765.13$5,297
Jul 2003364029.415.17$10,705
Jun 2003363028.565.98$10,367
May 2003182026.595.97$4,839
Apr 200315026.675.41$400
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 2002163026.464.23$4,313
Sep 2002178027.443.64$4,884
Aug 2002171025.963.16$4,439
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 2002356024.663.58$8,779
Apr 2002178023.653.51$4,210
Mar 2002180022.003.10$3,960
Feb 2002180018.222.38$3,280
Jan 2002184017.172.38$3,159
Dec 20010016.932.36$0
Nov 2001178018.072.41$3,216
Oct 2001345019.782.53$6,824
Sep 2001356024.262.25$8,637
Aug 2001178024.873.05$4,427
Jul 2001551023.933.20$13,185
Jun 2001160024.563.82$3,930
May 2001178025.524.31$4,543
Apr 2001370024.685.34$9,132
Mar 2001180024.545.38$4,417
Feb 2001362027.755.77$10,046
Jan 2001185027.478.40$5,082
Dec 2000358026.889.12$9,623
Nov 2000355032.215.66$11,435
Oct 2000176031.235.15$5,496
Sep 2000350031.875.19$11,155
Aug 2000178029.644.54$5,276
Jul 2000340028.534.09$9,700
Jun 2000168029.304.40$4,922
May 2000360027.263.68$9,814
Apr 2000362024.513.12$8,873
Mar 2000352028.422.86$10,004
Feb 2000179027.622.73$4,944
Jan 2000361025.272.48$9,122
Dec 1999361024.282.42$8,765
Nov 1999358023.192.43$8,302
Oct 1999352020.982.80$7,385
Sep 1999175021.752.62$3,806
Aug 1999338019.262.88$6,510
Jul 1999355017.892.37$6,351
Jun 1999177015.942.36$2,821
May 1999331015.792.32$5,226
Apr 1999333015.102.21$5,028
Mar 1999159012.471.84$1,983
Feb 199919109.981.82$1,906
Jan 1999360010.381.90$3,737
Dec 199819109.201.77$1,757
Nov 1998503010.892.19$5,478
Oct 1998378012.421.97$4,695
Sep 1998358012.592.08$4,507
Aug 1998366011.301.91$4,136
Jul 1998350011.742.24$4,109
Jun 1998537011.242.24$6,036
May 1998362012.622.21$4,568
Apr 1998351013.042.51$4,577
Mar 1998365012.802.31$4,672
Feb 1998366013.952.30$5,106
Jan 1998546014.702.15$8,026
Dec 1997370016.322.41$6,038
Nov 1997530018.193.09$9,641
Oct 1997363019.253.15$6,988
Sep 1997376017.742.95$6,670
Aug 1997518017.862.55$9,251
Jul 1997355017.582.25$6,241
Jun 1997561017.242.26$9,672
May 1997323018.972.31$6,127
Apr 1997540017.882.08$9,655
Mar 1997383018.951.94$7,258
Feb 1997386020.492.21$7,909
Jan 1997390023.483.54$9,157
Dec 1996372023.32$8,675
Nov 1996380021.97$8,349
Oct 1996372023.31$8,671
Sep 1996559022.22$12,421
Aug 1996380020.26$7,699
Jul 1996547019.55$10,694
Jun 1996369018.73$6,911
May 1996532019.43$10,337
Apr 1996372021.51$8,002
Mar 1996376019.38$7,287
Feb 1996381016.98$6,469
Jan 1996576017.07$9,832
Dec 1995371117.19$6,377
Nov 1995382116.00$6,112
Oct 1995527115.43$8,132
Sep 1995371116.18$6,003
Aug 1995557115.92$8,867
Jul 1995361115.24$5,502
Jun 1995370116.41$6,072
May 1995545117.56$9,570
Apr 1995552117.73$9,787
Mar 1995373116.44$6,132
Feb 1995502116.58$8,323
Jan 1995563115.92$8,963
Dec 1994555115.03$8,342
Nov 1994372115.90$5,915
Oct 1994531115.58$8,273
Sep 1994372115.29$5,688
Aug 1994532116.13$8,581
Jul 1994363117.56$6,374
Jun 1994547117.09$9,348
May 1994842115.88$13,371
Apr 1994320114.14$4,525
Mar 1994794112.46$9,893
Feb 1994636112.50$7,950
Jan 1994787112.66$9,963
Dec 1993630112.33$7,768
Nov 1993325114.49$4,709
Oct 19930115.85$0
Sep 1993140115.03$2,104
Aug 1993160115.66$2,506
Jul 19930115.46$0
Jun 19930116.79$0
May 1993159117.68$2,811
Apr 1993155118.05$2,798
Mar 1993156118.14$2,830
Feb 1993164117.90$2,936
Jan 1993289116.93$4,893

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.

Mar 2019 — as filed, then multipliedworked
Oil                    1 bbl  × $ 56.80 =        $57
Casinghead gas         0 Mcf  × $  3.06 =         $0

────────────────────────────────────────────────────
Month total                                      $57

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/O/16697 is the state's own key, not one this site invented.