BLOCK -A- 22 UNIT

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 19091District 08Field 60139500Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$4.7 M
Jan 1993 – Mar 2016
Value, last 12 filed months
$6 k
at the published price for each month
Months reported
279
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
OilDisposition148,111 bbl$4,369,927
Casinghead gasProduction70,068 Mcf$317,491
Total$4,687,418

17,853 Mcf of this lease's gas, across 48 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 (279)

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

279 months

Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 2015159038.792.17$6,168
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 20140086.164.05$0
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 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 20131630104.113.72$16,970
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 2012164086.773.42$14,230
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 20121690105.052.22$17,753
Feb 20121650101.102.57$16,682
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 2011166095.723.31$15,890
Oct 20110084.983.65$0
Sep 2011169083.623.99$14,132
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 2011167092.904.64$15,514
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 2011165096.364.06$15,899
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 2010173085.734.35$14,831
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 2010174073.684.42$12,820
Jul 2010156072.554.74$11,318
Jun 2010170070.364.91$11,961
May 2010325071.124.24$23,114
Apr 20100081.694.12$0
Mar 2010326078.394.39$25,555
Feb 20100073.585.44$0
Jan 2010169074.365.96$12,567
Dec 2009345071.445.48$24,647
Nov 2009040874.593.75$1,531
Oct 200917017272.544.11$13,039
Sep 200970245065.543.06$47,388
Aug 200917148067.423.22$13,074
Jul 200973149061.133.46$46,384
Jun 2009053666.163.90$2,088
May 2009028354.743.93$1,111
Apr 200918720846.773.59$9,492
Mar 2009025342.144.06$1,027
Feb 200917128732.814.63$6,940
Jan 200918432535.865.37$8,344
Dec 200816732637.105.98$8,144
Nov 200818762855.496.86$14,685
Oct 2008016675.246.92$1,149
Sep 20081723101.767.88$17,526
Aug 200816679114.228.48$19,631
Jul 2008352343131.0811.39$50,047
Jun 2008370304131.3313.03$52,554
May 2008343410123.1711.57$46,993
Apr 2008515228110.3110.45$59,193
Mar 2008367102101.909.66$38,383
Feb 200853439692.538.77$52,884
Jan 200888443590.388.21$83,465
Dec 200752556288.337.30$50,477
Nov 200737561691.677.29$38,868
Oct 200754468382.856.92$49,798
Sep 200736569075.846.24$31,990
Aug 200735870869.066.39$29,246
Jul 200767171470.906.39$52,135
Jun 200752490062.007.55$39,282
May 200751980558.747.85$36,802
Apr 200735271259.617.81$26,540
Mar 200768275056.927.30$44,296
Feb 200718268355.108.22$15,640
Jan 200771177550.306.73$40,977
Dec 200617482556.656.92$15,565
Nov 200634584554.207.62$25,136
Oct 200634879254.906.01$23,868
Sep 200634788660.085.04$25,311
Aug 200650799068.717.34$42,102
Jul 20065381,00269.376.34$43,677
Jun 200635659966.286.38$27,420
May 200634850866.016.42$26,235
Apr 200634430264.397.36$24,373
Mar 200634722456.707.08$21,261
Feb 200617535957.597.75$12,861
Jan 200651454460.598.93$36,003
Dec 200535470354.9413.42$28,880
Nov 200552074654.6910.59$36,338
Oct 200535056358.3413.80$28,186
Sep 200551765661.4512.08$39,693
Aug 20055311,30861.519.80$45,476
Jul 20053531,49755.697.84$31,401
Jun 20053621,64852.337.38$31,107
May 20055261,29045.226.65$32,366
Apr 200552714749.207.36$27,010
Mar 200517211050.377.15$9,451
Feb 200552714745.226.31$24,759
Jan 200552417743.166.32$23,735
Dec 200465717439.866.75$27,363
Nov 200466618645.286.33$31,334
Oct 200434743449.706.52$20,073
Sep 200471516243.245.28$31,773
Aug 200489415742.375.55$38,750
Jul 200470719938.286.08$28,275
Jun 200452619436.106.43$20,237
May 200453320937.486.49$21,334
Apr 200435222034.475.86$13,422
Mar 200453524134.365.53$19,715
Feb 200470024632.455.51$24,070
Jan 200453328632.036.30$18,874
Dec 200388829230.266.30$28,711
Nov 200371531828.804.60$22,053
Oct 200369730428.174.76$21,081
Sep 200370730326.314.75$20,040
Aug 200371326729.765.13$22,589
Jul 20031,07421129.415.17$32,677
Jun 20031,49830328.565.98$44,596
May 20031,08030326.595.97$30,527
Apr 200388931426.675.41$25,408
Mar 20031,44335631.146.10$47,105
Feb 20031,08221833.487.93$37,953
Jan 20031,82631230.315.58$57,088
Dec 20021,45531126.914.85$40,664
Nov 200254134124.664.14$14,752
Oct 200269034026.464.23$19,695
Sep 20021,08134427.443.64$30,913
Aug 20021,08335625.963.16$29,241
Jul 20021,08330324.583.06$27,548
Jun 20021,08730023.733.34$26,796
May 20022,17331024.663.58$54,697
Apr 20021,47030423.653.51$35,833
Mar 20021,47344722.003.10$33,793
Feb 200273030318.222.38$14,020
Jan 20021,09152617.172.38$19,982
Dec 20011,10635816.932.36$19,571
Nov 20011,10628318.072.41$20,666
Oct 20019128719.782.53$18,259
Sep 2001551024.262.25$13,367
Aug 2001708024.873.05$17,608
Jul 2001544023.933.20$13,018
Jun 2001551024.563.82$13,533
May 2001546025.524.31$13,934
Apr 2001554024.685.34$13,673
Mar 2001553024.545.38$13,571
Feb 2001561027.755.77$15,568
Jan 2001738027.478.40$20,273
Dec 2000359026.889.12$9,650
Nov 2000713032.215.66$22,966
Oct 20005406331.235.15$17,188
Sep 2000733431.875.19$23,381
Aug 200054821229.644.54$17,205
Jul 200072022628.534.09$21,466
Jun 200054023229.304.40$16,842
May 200055013827.263.68$15,501
Apr 200055417624.513.12$14,127
Mar 200036822728.422.86$11,108
Feb 200075320827.622.73$21,365
Jan 200073822725.272.48$19,212
Dec 199957225624.282.42$14,509
Nov 199956022623.192.43$13,536
Oct 199971722520.982.80$15,673
Sep 199955416521.752.62$12,482
Aug 199954415319.262.88$10,917
Jul 199951316617.892.37$9,571
Jun 199955212615.942.36$9,097
May 199954311315.792.32$8,836
Apr 199954010915.102.21$8,395
Mar 199954012312.471.84$6,960
Feb 1999551739.981.82$5,632
Jan 19997537810.381.90$7,964
Dec 19985781099.201.77$5,511
Nov 199874011910.892.19$8,319
Oct 199856218012.421.97$7,335
Sep 199871214912.592.08$9,274
Aug 199856217211.301.91$6,679
Jul 199872920911.742.24$9,026
Jun 199876620411.242.24$9,066
May 19987418612.622.21$9,541
Apr 199872115013.042.51$9,778
Mar 199873615112.802.31$9,770
Feb 199877115613.952.30$11,114
Jan 19981,13912914.702.15$17,021
Dec 199776113216.322.41$12,738
Nov 199776721618.193.09$14,619
Oct 199776617419.253.15$15,294
Sep 199775225417.742.95$14,091
Aug 199755624117.862.55$10,546
Jul 199792327517.582.25$16,844
Jun 199774425917.242.26$13,411
May 199792731618.972.31$18,315
Apr 199794128817.882.08$17,425
Mar 199795028318.951.94$18,551
Feb 19971,40023620.492.21$29,207
Jan 199786330123.483.54$21,329
Dec 199686925523.32$20,265
Nov 199690926221.97$19,971
Oct 199695138923.31$22,168
Sep 199694939522.22$21,087
Aug 199691751420.26$18,578
Jul 199694151019.55$18,397
Jun 199693445218.73$17,494
May 19961,29153819.43$25,084
Apr 19961,38248421.51$29,727
Mar 199686816719.38$16,822
Feb 19969016816.98$15,299
Jan 19961,70653917.07$29,121
Dec 199590548417.19$15,557
Nov 19951,37556516.00$22,000
Oct 19951,90266515.43$29,348
Sep 19951,80253116.18$29,156
Aug 19951,36740815.92$21,763
Jul 199590233215.24$13,746
Jun 199546729416.41$7,663
May 199589627017.56$15,734
Apr 199592929017.73$16,471
Mar 199590331516.44$14,845
Feb 199591326116.58$15,138
Jan 199590027415.92$14,328
Dec 199486530515.03$13,001
Nov 199444623415.90$7,091
Oct 199492616015.58$14,427
Sep 199493519915.29$14,296
Aug 199445833116.13$7,388
Jul 199493234917.56$16,366
Jun 199493538717.09$15,979
May 199495744615.88$15,197
Apr 199494742714.14$13,391
Mar 199493249312.46$11,613
Feb 199494029912.50$11,750
Jan 199492238712.66$11,673
Dec 199393737012.33$11,553
Nov 199396436114.49$13,968
Oct 199394439015.85$14,962
Sep 199393642915.03$14,068
Aug 199395238315.66$14,908
Jul 19931,39938515.46$21,629
Jun 199394242716.79$15,816
May 199392743017.68$16,389
Apr 199393137218.05$16,805
Mar 199395139818.14$17,251
Feb 19931,32828617.90$23,771
Jan 199338834316.93$6,569

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 2015 — as filed, then multipliedworked
Oil                  159 bbl  × $ 38.79 =     $6,168
Casinghead gas         0 Mcf  × $  2.17 =         $0

────────────────────────────────────────────────────
Month total                                   $6,168

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/19091 is the state's own key, not one this site invented.