PARKS, EDWIN

Name: PARKS, EDWIN lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by MBR RESOURCES, INC. (P-5 537078) in the DIXON (STRAWN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 24469District 08Field 25034500NGPA filingOilCasinghead gasSave Export

Value, all time

$458 k

Jan 1993 – Jun 1999

Value, last 12 filed months

$19 k

at the published price for each month

Months reported

no gaps in the span

Streams

oil, casinghead gas

The DIXON (STRAWN) field

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 4 leases and 19 wells, and the rule below applies to all of them.

Discovered

1953-04-16

as the register files it

Field class

Oil

the register's own label

Between wells

—

no field rule filed

From a lease line

—

no field rule filed

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

Programme	Filings	With an approval date	Dated	Docket
NGPA	12	none	—	—

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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.

Stream	Basis	Volume	Value
Oil	Disposition	23,856 bbl	$394,390
Casinghead gas	Production	117,210 Mcf	$63,217
Total			$457,607

90,830 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 (16)

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 32.1282, -100.7304. A lease has no coordinate of its own — that point is the mean of its wells, and they span 1.1 miles.

32.12917, -100.73024 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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%

16 of 16 wells

With a plug date

100.0%

16 of 16 wells

Median depth

7,154 ft

16 wells filed one

Completion to plug

17.1 years

median over 16 wells

What the state filed about each well

On the RRC proration schedule

16100.0%

A plug date is filed

16100.0%

BothOn the schedule and plugged. Neither fact cancels the other.

16100.0%

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

Total depth in feet, 16 of 16 wells. Median 7,154 ft, with the middle half between 6,408 and 7,257 ft; the shallowest is 6,393 ft and the deepest 7,300 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

When they were last completed

Last completion by decade, 16 of 16 wells, Jan 1977 – Jan 1987. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed

Jan 1977 – Jan 1987

16 of 16 wells

Plug dates filed

Mar 1993 – Jan 1999

16 of 16 wells

Last completion to plug: a median of 17.1 years across the 16 wells that filed both dates, with the middle half between 15.1 years and 19.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

16 wells


42-33530788	4	6,440 ft	Jan 1987	Mar 1993	Yes
42-33531191	8	7,129 ft	Sep 1981	Mar 1993	Yes
42-33531940	22	7,300 ft	Aug 1981	Jan 1999	Yes
42-33531239	11	7,179 ft	Jul 1981	Dec 1996	Yes
42-33531203	10	7,300 ft	Jun 1981	May 1994	Yes
42-33531202	9	7,206 ft	May 1980	May 1994	Yes
42-33531437	15	7,200 ft	Jan 1980	Jan 1999	Yes
42-33531259	13D	7,294 ft	Jun 1979	Jan 1999	Yes
42-33531436	17	7,297 ft	May 1979	Dec 1996	Yes
42-33531263	14	7,244 ft	Jun 1978	Dec 1996	Yes
42-33531177	7	6,411 ft	Aug 1977	Apr 1994	Yes
42-33531164	6	6,393 ft	Jul 1977	Mar 1993	Yes
42-33531163	5	6,415 ft	Jul 1977	Apr 1994	Yes
42-33530790	3	6,400 ft	May 1977	Jan 1999	Yes
42-33530787	2	6,395 ft	Feb 1977	Jan 1999	Yes
42-33530789	1	6,400 ft	Jan 1977	Jan 1999	Yes

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 (78)

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

78 months


Jun 1999	0	0	15.94	2.36	$0
May 1999	0	0	15.79	2.32	$0
Apr 1999	0	0	15.10	2.21	$0
Mar 1999	0	0	12.47	1.84	$0
Feb 1999	0	0	9.98	1.82	$0
Jan 1999	0	0	10.38	1.90	$0
Dec 1998	361	239	9.20	1.77	$3,745
Nov 1998	184	753	10.89	2.19	$3,650
Oct 1998	0	734	12.42	1.97	$1,445
Sep 1998	199	887	12.59	2.08	$4,353
Aug 1998	0	949	11.30	1.91	$1,810
Jul 1998	195	877	11.74	2.24	$4,251
Jun 1998	0	1,063	11.24	2.24	$2,378
May 1998	199	1,266	12.62	2.21	$5,305
Apr 1998	373	1,228	13.04	2.51	$7,940
Mar 1998	200	1,030	12.80	2.31	$4,939
Feb 1998	197	1,151	13.95	2.30	$5,394
Jan 1998	199	1,309	14.70	2.15	$5,746
Dec 1997	196	1,256	16.32	2.41	$6,227
Nov 1997	598	1,291	18.19	3.09	$14,865
Oct 1997	197	1,211	19.25	3.15	$7,607
Sep 1997	193	1,235	17.74	2.95	$7,073
Aug 1997	188	1,186	17.86	2.55	$6,388
Jul 1997	197	1,261	17.58	2.25	$6,297
Jun 1997	195	1,299	17.24	2.26	$6,294
May 1997	590	1,604	18.97	2.31	$14,895
Apr 1997	389	1,560	17.88	2.08	$10,204
Mar 1997	192	1,014	18.95	1.94	$5,605
Feb 1997	0	901	20.49	2.21	$1,988
Jan 1997	193	1,076	23.48	3.54	$8,340
Dec 1996	578	1,074	23.32	—	$13,479
Nov 1996	198	1,075	21.97	—	$4,350
Oct 1996	198	1,096	23.31	—	$4,615
Sep 1996	196	1,099	22.22	—	$4,355
Aug 1996	198	1,199	20.26	—	$4,011
Jul 1996	392	1,245	19.55	—	$7,664
Jun 1996	0	1,183	18.73	—	$0
May 1996	387	1,218	19.43	—	$7,519
Apr 1996	391	1,259	21.51	—	$8,410
Mar 1996	385	1,340	19.38	—	$7,461
Feb 1996	190	1,289	16.98	—	$3,226
Jan 1996	398	1,408	17.07	—	$6,794
Dec 1995	770	1,624	17.19	—	$13,236
Nov 1995	402	1,725	16.00	—	$6,432
Oct 1995	392	1,981	15.43	—	$6,049
Sep 1995	378	2,265	16.18	—	$6,116
Aug 1995	383	2,236	15.92	—	$6,097
Jul 1995	381	1,930	15.24	—	$5,806
Jun 1995	387	1,726	16.41	—	$6,351
May 1995	384	1,959	17.56	—	$6,743
Apr 1995	195	1,718	17.73	—	$3,457
Mar 1995	388	1,718	16.44	—	$6,379
Feb 1995	197	1,539	16.58	—	$3,266
Jan 1995	395	1,729	15.92	—	$6,288
Dec 1994	385	1,943	15.03	—	$5,787
Nov 1994	373	2,069	15.90	—	$5,931
Oct 1994	582	2,138	15.58	—	$9,068
Sep 1994	195	1,950	15.29	—	$2,982
Aug 1994	382	2,178	16.13	—	$6,162
Jul 1994	384	2,088	17.56	—	$6,743
Jun 1994	195	2,150	17.09	—	$3,333
May 1994	575	2,181	15.88	—	$9,131
Apr 1994	198	2,181	14.14	—	$2,800
Mar 1994	778	2,252	12.46	—	$9,694
Feb 1994	491	1,890	12.50	—	$6,138
Jan 1994	419	2,361	12.66	—	$5,305
Dec 1993	428	2,332	12.33	—	$5,277
Nov 1993	410	2,265	14.49	—	$5,941
Oct 1993	443	2,443	15.85	—	$7,022
Sep 1993	621	2,230	15.03	—	$9,334
Aug 1993	394	2,479	15.66	—	$6,170
Jul 1993	219	2,462	15.46	—	$3,386
Jun 1993	577	2,334	16.79	—	$9,688
May 1993	400	2,542	17.68	—	$7,072
Apr 1993	625	2,499	18.05	—	$11,281
Mar 1993	406	2,630	18.14	—	$7,365
Feb 1993	618	2,254	17.90	—	$11,062
Jan 1993	360	2,344	16.93	—	$6,095

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 1998 — as filed, then multipliedworked

Oil                  361 bbl  × $  9.20 =     $3,321
Casinghead gas       239 Mcf  × $  1.77 =       $424

────────────────────────────────────────────────────
Month total                                   $3,745

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/24469 is the state's own key, not one this site invented.