HUTT -B-

Operated by PARSLEY ENERGY OPERATIONS, LLC (P-5 642652) 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 25988District 08Field 85280300NGPA filingOilCasinghead gasSaveExport
Value, all time
$1.5 M
Jan 1993 – Jun 2015
Value, last 12 filed months
$0
at the published price for each month
Months reported
270
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.

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.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA1none

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.

StreamBasisVolumeValue
OilDisposition32,316 bbl$1,239,841
Casinghead gasProduction97,882 Mcf$254,742
Total$1,494,583

38,939 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 (2)

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 31.8251, -101.9424. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

31.82512, -101.94239 · 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%
2 of 2 wells
With a plug date
100.0%
2 of 2 wells
Median depth
7,025 ft
2 wells filed one
Completion to plug
26.3 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
2100.0%
A plug date is filed
2100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
2100.0%
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

Between 4,800 and 9,250 ft, median 7,025 ft, over the 2 wells that filed a depth.

Completions filed
Jul 1980 – Nov 1980
2 of 2 wells
Plug dates filed
Jan 2000 – Nov 2013
2 of 2 wells

Last completion to plug: a median of 26.3 years across the 2 wells that filed both dates, with the middle half between 22.8 years and 29.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-329309301D4,800 ftNov 1980Jan 2000Yes
42-3293090519,250 ftJul 1980Nov 2013Yes

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 (270)

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

270 months

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 201300104.113.72$0
Aug 20131000104.253.52$10,425
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 20120086.773.42$0
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 201203679.822.52$91
May 2012015091.612.49$373
Apr 201218371101.652.00$18,744
Mar 20120216105.052.22$480
Feb 2012384157101.102.57$39,226
Jan 2012016398.092.73$446
Dec 201117816796.873.24$17,784
Nov 201117815595.723.31$17,551
Oct 201116916084.983.65$14,945
Sep 2011015183.623.99$602
Aug 201107083.404.15$290
Jul 2011011394.144.52$510
Jun 201118418892.904.64$17,966
May 201121621798.134.40$22,152
Apr 20110192105.964.33$832
Mar 201124115096.364.06$23,831
Feb 201105585.644.18$230
Jan 2011021986.504.59$1,005
Dec 201042730585.734.35$37,933
Nov 2010019880.843.80$751
Oct 201005778.103.51$200
Sep 2010015372.633.98$609
Aug 2010023373.684.42$1,030
Jul 201022815072.554.74$17,252
Jun 2010013970.364.91$683
May 201017218071.124.24$12,995
Apr 2010018581.694.12$763
Mar 201017517578.394.39$14,486
Feb 201018215673.585.44$14,241
Jan 2010017374.365.96$1,032
Dec 200915218171.445.48$11,851
Nov 200912318274.593.75$9,857
Oct 200913720172.544.11$10,764
Sep 200920120165.543.06$13,790
Aug 200920421767.423.22$14,452
Jul 2009020361.133.46$703
Jun 200949018566.163.90$33,139
May 2009016954.743.93$663
Apr 2009015946.773.59$570
Mar 2009012342.144.06$499
Feb 20090532.814.63$23
Jan 200905835.865.37$312
Dec 200826618637.105.98$10,980
Nov 2008017155.496.86$1,173
Oct 200823729875.246.92$19,895
Sep 20080174101.767.88$1,371
Aug 2008194168114.228.48$23,584
Jul 20080122131.0811.39$1,390
Jun 2008188172131.3313.03$26,932
May 200817994123.1711.57$23,135
Apr 20080141110.3110.45$1,474
Mar 2008191161101.909.66$21,019
Feb 20081978192.538.77$18,939
Jan 2008015190.388.21$1,239
Dec 200718636988.337.30$19,124
Nov 2007016791.677.29$1,218
Oct 200716322182.856.92$15,034
Sep 200717823475.846.24$14,961
Aug 200718024669.066.39$14,002
Jul 2007025570.906.39$1,629
Jun 200717527262.007.55$12,903
May 200718527458.747.85$13,017
Apr 200718324359.617.81$12,805
Mar 2007029356.927.30$2,139
Feb 200717724055.108.22$11,725
Jan 200718825550.306.73$11,172
Dec 200618024456.656.92$11,885
Nov 200618122454.207.62$11,517
Oct 2006023054.906.01$1,383
Sep 200617723960.085.04$11,838
Aug 200619223268.717.34$14,895
Jul 200618024669.376.34$14,047
Jun 200619524266.286.38$14,470
May 200618420166.016.42$13,437
Apr 200618124164.397.36$13,428
Mar 200617737256.707.08$12,671
Feb 200618836757.597.75$13,672
Jan 200618129760.598.93$13,620
Dec 200507454.9413.42$993
Nov 2005011754.6910.59$1,239
Oct 200518213658.3413.80$12,494
Sep 2005015661.4512.08$1,884
Aug 200505061.519.80$490
Jul 20051822955.697.84$10,363
Jun 2005012852.337.38$945
May 2005030445.226.65$2,022
Apr 200518017149.207.36$10,115
Mar 2005025650.377.15$1,832
Feb 200518025745.226.31$9,762
Jan 200518032943.166.32$9,849
Dec 2004031039.866.75$2,093
Nov 200417728545.286.33$9,819
Oct 200418035349.706.52$11,246
Sep 200417623043.245.28$8,826
Aug 200418033542.375.55$9,486
Jul 200418355938.286.08$10,406
Jun 200418653136.106.43$10,131
May 200418650337.486.49$10,238
Apr 200419046534.475.86$9,273
Mar 200418442834.365.53$8,689
Feb 2004033332.455.51$1,835
Jan 200418740732.036.30$8,554
Dec 200318941230.266.30$8,315
Nov 200319135928.804.60$7,150
Oct 200318125728.174.76$6,322
Sep 2003023826.314.75$1,130
Aug 2003116429.765.13$3,473
Jul 20031961229.415.17$5,826
Jun 20032124628.565.98$6,330
May 2003010126.595.97$603
Apr 200335915826.675.41$10,429
Mar 200318020531.146.10$6,855
Feb 2003014233.487.93$1,125
Jan 200318814430.315.58$6,502
Dec 200219713926.914.85$5,976
Nov 200221019724.664.14$5,994
Oct 200221127526.464.23$6,746
Sep 200220920127.443.64$6,466
Aug 2002022925.963.16$725
Jul 200219110824.583.06$5,025
Jun 200220021723.733.34$5,470
May 2002017724.663.58$634
Apr 200219317323.653.51$5,172
Mar 200219114522.003.10$4,652
Feb 200218518518.222.38$3,810
Jan 2002013617.172.38$323
Dec 200117710116.932.36$3,235
Nov 20011728618.072.41$3,315
Oct 200108619.782.53$217
Sep 20010024.262.25$0
Aug 200118320424.873.05$5,174
Jul 2001022823.933.20$729
Jun 20011768924.563.82$4,663
May 2001024625.524.31$1,060
Apr 200120325024.685.34$6,344
Mar 200126362424.545.38$9,809
Feb 2001062727.755.77$3,616
Jan 200126536327.478.40$10,328
Dec 200026063426.889.12$12,772
Nov 2000071532.215.66$4,045
Oct 200024976631.235.15$11,718
Sep 200024269131.875.19$11,296
Aug 200026257029.644.54$10,354
Jul 200026164528.534.09$10,084
Jun 200026065829.304.40$10,511
May 2000071127.263.68$2,616
Apr 200026368724.513.12$8,587
Mar 200026581028.422.86$9,848
Feb 2000052427.622.73$1,429
Jan 200023759825.272.48$7,472
Dec 199924862824.282.42$7,544
Nov 1999073823.192.43$1,796
Oct 199923283920.982.80$7,220
Sep 199925283121.752.62$7,657
Aug 199924674519.262.88$6,880
Jul 199925879717.892.37$6,506
Jun 199926271715.942.36$5,870
May 1999087215.792.32$2,024
Apr 199925584515.102.21$5,716
Mar 199924578012.471.84$4,489
Feb 19992235329.981.82$3,193
Jan 199921746510.381.90$3,136
Dec 19982424519.201.77$3,026
Nov 199824044610.892.19$3,588
Oct 199843984712.421.97$7,120
Sep 199822787112.592.08$4,672
Aug 199823884511.301.91$4,301
Jul 199823085511.742.24$4,613
Jun 199818083411.242.24$3,889
May 199843987112.622.21$7,462
Apr 199824984213.042.51$5,356
Mar 199822583612.802.31$4,811
Feb 199846072513.952.30$8,084
Jan 199823374214.702.15$5,024
Dec 199724565316.322.41$5,573
Nov 199751364818.193.09$11,333
Oct 199726268519.253.15$7,201
Sep 199726236717.742.95$5,732
Aug 1997012417.862.55$317
Jul 1997014517.582.25$326
Jun 199722314517.242.26$4,172
May 1997014618.972.31$337
Apr 1997213817.882.08$323
Mar 199719121118.951.94$4,029
Feb 1997027020.492.21$596
Jan 1997079723.483.54$2,821
Dec 199615457223.32$3,591
Nov 1996024321.97$0
Oct 199622931423.31$5,338
Sep 1996027022.22$0
Aug 1996328620.26$61
Jul 1996029219.55$0
Jun 1996028418.73$0
May 199618557519.43$3,595
Apr 1996075421.51$0
Mar 1996052719.38$0
Feb 199623471316.98$3,973
Jan 1996091117.07$0
Dec 1995067317.19$0
Nov 199527173416.00$4,336
Oct 1995060815.43$0
Sep 1995072816.18$0
Aug 19952601,05815.92$4,139
Jul 1995498515.24$61
Jun 19952671,08216.41$4,381
May 1995096117.56$0
Apr 1995060517.73$0
Mar 1995070716.44$0
Feb 199525348116.58$4,195
Jan 1995059915.92$0
Dec 199447370215.03$7,109
Nov 1994056215.90$0
Oct 199426272115.58$4,082
Sep 1994064015.29$0
Aug 19942421,14616.13$3,903
Jul 199402,10117.56$0
Jun 199423392217.09$3,982
May 1994085815.88$0
Apr 199425090414.14$3,535
Mar 199401,28112.46$0
Feb 199425781112.50$3,213
Jan 199401,32312.66$0
Dec 199322190512.33$2,725
Nov 19931882214.49$261
Oct 199324984815.85$3,947
Sep 1993090415.03$0
Aug 199324989115.66$3,899
Jul 199322088915.46$3,401
Jun 199301,23916.79$0
May 19932571,16817.68$4,544
Apr 19932481,28118.05$4,476
Mar 199301,33618.14$0
Feb 1993033917.90$0
Jan 19932621,38416.93$4,436

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 2013 — as filed, then multipliedworked
Oil                  100 bbl  × $104.25 =    $10,425
Casinghead gas         0 Mcf  × $  3.52 =         $0

────────────────────────────────────────────────────
Month total                                  $10,425

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/25988 is the state's own key, not one this site invented.