RICHARDS, D. E. "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 24409District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$210 k
Jan 1993 – Jul 2000
Value, last 12 filed months
$539
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
OilDisposition11,037 bbl$180,603
Casinghead gasProduction41,211 Mcf$29,861
Total$210,465

28,220 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 32.2039, -101.8042. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.20385, -101.80421 · 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
8,775 ft
1 wells filed one
Completion to plug
23.3 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 8,775 ft.

Completions filed
Feb 1977
1 of 1 wells
Plug dates filed
Jun 2000
1 of 1 wells

Last completion to plug: a median of 23.3 years across the 1 well that filed both dates, with the middle half between 23.3 years and 23.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-3173155718,775 ftFeb 1977Jun 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 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 19990024.282.42$0
Nov 19990023.192.43$0
Oct 19990020.982.80$0
Sep 19990021.752.62$0
Aug 199928019.262.88$539
Jul 19998017.892.37$143
Jun 19992199215.942.36$3,708
May 1999045815.792.32$1,063
Apr 199933838015.102.21$5,943
Mar 1999046612.471.84$857
Feb 19994313979.981.82$5,023
Jan 1999044610.381.90$847
Dec 199824529.201.77$820
Nov 1998344110.892.19$997
Oct 199840942012.421.97$5,907
Sep 1998140712.592.08$860
Aug 1998147611.301.91$919
Jul 199832947111.742.24$4,916
Jun 1998245411.242.24$1,038
May 199845147912.622.21$6,748
Apr 1998449113.042.51$1,282
Mar 1998137212.802.31$872
Feb 199816236513.952.30$3,099
Jan 1998145914.702.15$1,004
Dec 19970016.322.41$0
Nov 199728327618.193.09$6,000
Oct 1997256119.253.15$1,806
Sep 199722552517.742.95$5,543
Aug 1997256417.862.55$1,477
Jul 199715055917.582.25$3,893
Jun 199717849817.242.26$4,193
May 199731753918.972.31$7,258
Apr 1997150917.882.08$1,078
Mar 199736751218.951.94$7,947
Feb 1997347120.492.21$1,100
Jan 1997145123.483.54$1,620
Dec 199640944523.32$9,538
Nov 1996147621.97$22
Oct 199618455423.31$4,289
Sep 1996153722.22$22
Aug 199626254220.26$5,308
Jul 1996152519.55$20
Jun 199617249118.73$3,222
May 199616258319.43$3,148
Apr 199633351021.51$7,163
Mar 199630254019.38$5,853
Feb 1996150016.98$17
Jan 1996040117.07$0
Dec 199517850817.19$3,060
Nov 1995059416.00$0
Oct 199534960915.43$5,385
Sep 1995160316.18$16
Aug 199537964715.92$6,034
Jul 19955566015.24$838
Jun 1995063216.41$0
May 199540164717.56$7,042
Apr 1995263617.73$35
Mar 1995268216.44$33
Feb 199543663316.58$7,229
Jan 1995065715.92$0
Dec 199447960615.03$7,199
Nov 1994260515.90$32
Oct 1994170015.58$16
Sep 1994064015.29$0
Aug 199445867716.13$7,388
Jul 1994067317.56$0
Jun 199447063117.09$8,032
May 19942064915.88$318
Apr 1994168714.14$14
Mar 1994064712.46$0
Feb 199442254612.50$5,275
Jan 1994065812.66$0
Dec 199333864112.33$4,168
Nov 1993061014.49$0
Oct 199345763515.85$7,243
Sep 1993163015.03$15
Aug 199345866615.66$7,172
Jul 1993182715.46$15
Jun 1993141716.79$17
May 1993139117.68$18
Apr 1993039818.05$0
Mar 19939449118.14$1,705
Feb 199328255317.90$5,048
Jan 1993163016.93$17

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.

Aug 1999 — as filed, then multipliedworked
Oil                   28 bbl  × $ 19.26 =       $539
Casinghead gas         0 Mcf  × $  2.88 =         $0

────────────────────────────────────────────────────
Month total                                     $539

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/24409 is the state's own key, not one this site invented.