GRAHAM "A"

Operated by PARKER & PARSLEY OPERATING LLC (P-5 640893) in the SPRABERRY (TREND AREA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 23427District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$318 k
Jan 1993 – Jul 2000
Value, last 12 filed months
$33 k
at the published price for each month
Months reported
91
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 16,587 leases and 43,997 wells, and the rule below applies to all of them.

Discovered
1952-12-22
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 2018-02-13.

The Commission's schedule remark for this field reads: SPRABERRY (TREND AREA) FIELD EFFECTIVE 10/1/2019.

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
OilDisposition14,928 bbl$248,816
Casinghead gasProduction66,966 Mcf$69,301
Total$318,118

37,299 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.

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 32.0357, -101.8696. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.03574, -101.86955 · centre of the wells drawn, derived

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
9,050 ft
1 wells filed one
Completion to plug
25.4 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 9,050 ft.

Completions filed
Jan 1975
1 of 1 wells
Plug dates filed
Jun 2000
1 of 1 wells

Last completion to plug: a median of 25.4 years across the 1 well that filed both dates, with the middle half between 25.4 years and 25.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-3293031519,050 ftJan 1975Jun 2000Yes

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 (91)

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

91 months

Jul 20000028.534.09$0
Jun 20000029.304.40$0
May 2000111027.263.68$3,026
Apr 20000024.513.12$0
Mar 20000028.422.86$0
Feb 20000027.622.73$0
Jan 200016955125.272.48$5,637
Dec 199918363324.282.42$5,977
Nov 199918358323.192.43$5,663
Oct 1999075020.982.80$2,103
Sep 199918256621.752.62$5,441
Aug 199916185819.262.88$5,568
Jul 19991831,00817.892.37$5,665
Jun 199936480915.942.36$7,713
May 199918579415.792.32$4,764
Apr 1999094115.102.21$2,078
Mar 199936884912.471.84$6,150
Feb 199909409.981.82$1,709
Jan 1999089710.381.90$1,704
Dec 19983688049.201.77$4,811
Nov 199801,17310.892.19$2,564
Oct 199835786712.421.97$6,141
Sep 1998187012.592.08$1,824
Aug 199835676311.301.91$5,478
Jul 1998185311.742.24$1,920
Jun 199836687111.242.24$6,063
May 1998060012.622.21$1,324
Apr 199836558913.042.51$6,235
Mar 1998374712.802.31$1,764
Feb 199816758913.952.30$3,684
Jan 199817890314.702.15$4,562
Dec 199717166416.322.41$4,392
Nov 199716876118.193.09$5,406
Oct 1997072519.253.15$2,284
Sep 199735677617.742.95$8,608
Aug 1997180417.862.55$2,072
Jul 199717385417.582.25$4,960
Jun 199714678017.242.26$4,278
May 19971841,00518.972.31$5,811
Apr 199717489117.882.08$4,967
Mar 199730786918.951.94$7,503
Feb 199717586920.492.21$5,503
Jan 19978486123.483.54$5,020
Dec 199617652423.32$4,104
Nov 199617848021.97$3,911
Oct 199617988223.31$4,172
Sep 199617886422.22$3,955
Aug 199617686720.26$3,566
Jul 199617690919.55$3,441
Jun 199616686618.73$3,109
May 199617385619.43$3,361
Apr 199617683021.51$3,786
Mar 199617682119.38$3,411
Feb 199618371316.98$3,107
Jan 199617675317.07$3,004
Dec 199518674717.19$3,197
Nov 199517774516.00$2,832
Oct 199517884215.43$2,747
Sep 199518568516.18$2,993
Aug 199517982715.92$2,850
Jul 199518584615.24$2,819
Jun 199518283316.41$2,987
May 199518286417.56$3,196
Apr 199518682417.73$3,298
Mar 199518477616.44$3,025
Feb 199517868016.58$2,951
Jan 199518373915.92$2,913
Dec 199417974315.03$2,690
Nov 199418278615.90$2,894
Oct 199417882315.58$2,773
Sep 199435780715.29$5,459
Aug 1994083216.13$0
Jul 199417782417.56$3,108
Jun 199417965417.09$3,059
May 199417782315.88$2,811
Apr 199418274614.14$2,573
Mar 199417874612.46$2,218
Feb 199418064912.50$2,250
Jan 199418173412.66$2,291
Dec 199317977412.33$2,207
Nov 199318076014.49$2,608
Oct 199317479815.85$2,758
Sep 199335579015.03$5,336
Aug 199317480515.66$2,725
Jul 199316680515.46$2,566
Jun 199317477616.79$2,921
May 199318082117.68$3,182
Apr 199318080218.05$3,249
Mar 199317981018.14$3,247
Feb 199318168317.90$3,240
Jan 199316873516.93$2,844

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.

May 2000 — as filed, then multipliedworked
Oil                  111 bbl  × $ 27.26 =     $3,026
Casinghead gas         0 Mcf  × $  3.68 =         $0

────────────────────────────────────────────────────
Month total                                   $3,026

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/23427 is the state's own key, not one this site invented.