FASKEN "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 24195District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$273 k
Jan 1993 – May 2000
Value, last 12 filed months
$21 k
at the published price for each month
Months reported
89
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
OilDisposition13,917 bbl$235,223
Casinghead gasProduction30,133 Mcf$37,788
Total$273,011

13,935 Mcf of this lease's gas, across 34 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 31.9873, -101.9050. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.98728, -101.90502 · 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
11,545 ft
1 wells filed one
Completion to plug
23.7 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 11,545 ft.

Completions filed
Sep 1976
1 of 1 wells
Plug dates filed
May 2000
1 of 1 wells

Last completion to plug: a median of 23.7 years across the 1 well that filed both dates, with the middle half between 23.7 years and 23.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-32930409111,545 ftSep 1976May 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 (89)

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

89 months

May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 20000028.422.86$0
Feb 20000027.622.73$0
Jan 20000025.272.48$0
Dec 1999101024.282.42$2,452
Nov 1999032423.192.43$789
Oct 199915039920.982.80$4,266
Sep 199915350121.752.62$4,640
Aug 199915147319.262.88$4,268
Jul 199914131617.892.37$3,272
Jun 1999044615.942.36$1,054
May 199916250615.792.32$3,732
Apr 199918145715.102.21$3,742
Mar 199918049012.471.84$3,145
Feb 19991845009.981.82$2,745
Jan 1999050110.381.90$952
Dec 19981684479.201.77$2,338
Nov 199818044610.892.19$2,935
Oct 199817950412.421.97$3,216
Sep 199817737412.592.08$3,007
Aug 199817940711.301.91$2,799
Jul 199820359211.742.24$3,708
Jun 199818757111.242.24$3,379
May 199819671412.622.21$4,049
Apr 199820542513.042.51$3,738
Mar 199819749412.802.31$3,662
Feb 199819640013.952.30$3,654
Jan 199819851614.702.15$4,022
Dec 199719948016.322.41$4,405
Nov 199721457818.193.09$5,678
Oct 19972258719.253.15$4,605
Sep 199719330517.742.95$4,325
Aug 199738056917.862.55$8,240
Jul 199720358317.582.25$4,879
Jun 199724854617.242.26$5,508
May 199734830718.972.31$7,310
Apr 199717241017.882.08$3,929
Mar 199736245818.951.94$7,748
Feb 199722347120.492.21$5,608
Jan 199719660123.483.54$6,729
Dec 199625535423.32$5,947
Nov 199613638021.97$2,988
Oct 199614637523.31$3,403
Sep 199618143422.22$4,022
Aug 199634536620.26$6,990
Jul 199614532819.55$2,835
Jun 199615632618.73$2,922
May 199615433519.43$2,992
Apr 199614530521.51$3,119
Mar 199613332319.38$2,578
Feb 199613837116.98$2,343
Jan 199614429117.07$2,458
Dec 199514332517.19$2,458
Nov 199513037816.00$2,080
Oct 199521222115.43$3,271
Sep 199513530516.18$2,184
Aug 199529447715.92$4,680
Jul 199515043815.24$2,286
Jun 199538555416.41$6,318
May 199522764817.56$3,986
Apr 199526261217.73$4,645
Mar 199553373116.44$8,763
Feb 199545492516.58$7,527
Jan 19950015.92$0
Dec 199435015.03$526
Nov 19940015.90$0
Oct 19940015.58$0
Sep 19940015.29$0
Aug 19940016.13$0
Jul 19940017.56$0
Jun 19940017.09$0
May 19940015.88$0
Apr 19940014.14$0
Mar 19940012.46$0
Feb 19940012.50$0
Jan 19940012.66$0
Dec 19930012.33$0
Nov 199321835214.49$3,159
Oct 199311338115.85$1,791
Sep 199322744815.03$3,412
Aug 199323151115.66$3,617
Jul 199323052015.46$3,556
Jun 199322635816.79$3,795
May 199325542617.68$4,508
Apr 199317716418.05$3,195
Mar 199324340318.14$4,408
Feb 199317030917.90$3,043
Jan 199315826116.93$2,675

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.

Dec 1999 — as filed, then multipliedworked
Oil                  101 bbl  × $ 24.28 =     $2,452
Casinghead gas         0 Mcf  × $  2.42 =         $0

────────────────────────────────────────────────────
Month total                                   $2,452

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/24195 is the state's own key, not one this site invented.