ESTES -A-

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 26469District 08Field 85280300NGPA filingOilCasinghead gasSaveExport
Value, all time
$1.5 M
Jan 1993 – Oct 2020
Value, last 12 filed months
$0
at the published price for each month
Months reported
334
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
OilDisposition26,451 bbl$1,091,195
Casinghead gasProduction118,255 Mcf$385,878
Total$1,477,073

30,735 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 31.9343, -101.9821. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.93426, -101.98205 · 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
9,500 ft
1 wells filed one
Completion to plug
39.1 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 9,500 ft.

Completions filed
Mar 1981
1 of 1 wells
Plug dates filed
Apr 2020
1 of 1 wells

Last completion to plug: a median of 39.1 years across the 1 well that filed both dates, with the middle half between 39.1 years and 39.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-3293097619,500 ftMar 1981Apr 2020Yes

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 (334)

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

334 months

Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 2016110033.011.79$3,631
Feb 20160026.472.06$0
Jan 201602227.352.36$52
Dec 201508632.362.00$172
Nov 2015177038.792.17$6,866
Oct 20150043.552.43$0
Sep 20154042.992.76$172
Aug 2015173040.162.87$6,948
Jul 20150048.152.95$0
Jun 2015178056.152.88$9,995
May 20151055.212.96$55
Apr 2015177049.822.71$8,818
Mar 20156042.892.93$257
Feb 20151725144.662.98$7,833
Jan 2015212643.433.10$478
Dec 20141753354.693.59$9,689
Nov 2014178070.464.25$12,542
Oct 20145078.303.90$392
Sep 201426386.164.05$427
Aug 201407689.394.04$307
Jul 201491096.564.18$911
Jun 2014713698.164.74$1,331
May 201417622594.734.73$17,736
Apr 2014220895.944.81$1,192
Mar 201417219595.895.06$17,479
Feb 2014222497.406.19$1,582
Jan 201417123190.404.86$16,581
Dec 2013021491.824.35$932
Nov 2013120788.853.74$863
Oct 2013021497.423.78$809
Sep 2013176203104.113.72$19,078
Aug 20130186104.253.52$655
Jul 2013182209102.523.72$19,436
Jun 2013020394.403.93$798
May 2013019194.834.15$792
Apr 201316224993.964.28$16,288
Mar 2013024993.623.91$974
Feb 201317221891.233.42$16,437
Jan 2013224591.603.42$1,021
Dec 201217425386.773.42$15,963
Nov 2012024386.953.62$881
Oct 201216814889.383.40$15,519
Sep 2012024394.672.92$709
Aug 2012025292.662.91$733
Jul 201217523685.133.02$15,611
Jun 2012024179.822.52$607
May 2012022691.612.49$562
Apr 2012175203101.652.00$18,194
Mar 20120208105.052.22$462
Feb 2012169148101.102.57$17,466
Jan 2012014998.092.73$407
Dec 2011018596.873.24$599
Nov 201117217095.723.31$17,027
Oct 2011019784.983.65$719
Sep 201131324183.623.99$27,134
Aug 2011022183.404.15$917
Jul 201115921094.144.52$15,917
Jun 2011011692.904.64$538
May 2011010498.134.40$458
Apr 2011171201105.964.33$18,990
Mar 2011021096.364.06$852
Feb 201117021085.644.18$15,437
Jan 2011030486.504.59$1,395
Dec 2010029485.734.35$1,278
Nov 201016829980.843.80$14,716
Oct 2010026878.103.51$940
Sep 201022126472.633.98$17,102
Aug 2010016573.684.42$729
Jul 2010021072.554.74$995
Jun 2010015570.364.91$761
May 201017218471.124.24$13,012
Apr 201016420681.694.12$14,246
Mar 2010030178.394.39$1,321
Feb 2010027173.585.44$1,475
Jan 2010031474.365.96$1,873
Dec 200914827671.445.48$12,087
Nov 2009026474.593.75$990
Oct 200916520772.544.11$12,820
Sep 2009013765.543.06$420
Aug 200916125467.423.22$11,672
Jul 2009031361.133.46$1,084
Jun 200916519866.163.90$11,688
May 2009025354.743.93$993
Apr 200916928646.773.59$8,930
Mar 2009031542.144.06$1,279
Feb 200917930332.814.63$7,277
Jan 2009025835.865.37$1,386
Dec 2008032837.105.98$1,961
Nov 200817233255.496.86$11,822
Oct 2008029075.246.92$2,007
Sep 2008170266101.767.88$19,395
Aug 20080331114.228.48$2,808
Jul 2008181332131.0811.39$27,507
Jun 20080330131.3313.03$4,301
May 20081337123.1711.57$4,024
Apr 2008174213110.3110.45$21,421
Mar 20085316101.909.66$3,563
Feb 200816931792.538.77$18,418
Jan 2008235290.388.21$3,069
Dec 20071715688.337.30$15,513
Nov 2007028791.677.29$2,093
Oct 200717634582.856.92$16,970
Sep 2007233275.846.24$2,225
Aug 200716929069.066.39$13,524
Jul 2007035170.906.39$2,242
Jun 200717131362.007.55$12,965
May 2007033758.747.85$2,644
Apr 200717133359.617.81$12,792
Mar 2007024456.927.30$1,782
Feb 2007521255.108.22$2,017
Jan 200717934550.306.73$11,324
Dec 2006035056.656.92$2,421
Nov 200617733154.207.62$12,115
Oct 2006020554.906.01$1,233
Sep 200617512060.085.04$11,118
Aug 200603568.717.34$257
Jul 200618417869.376.34$13,893
Jun 2006634966.286.38$2,626
May 200617735266.016.42$13,945
Apr 2006334864.397.36$2,755
Mar 200617935656.707.08$12,671
Feb 2006030757.597.75$2,380
Jan 200618036560.598.93$14,167
Dec 2005034054.9413.42$4,561
Nov 200517536054.6910.59$13,383
Oct 2005235958.3413.80$5,069
Sep 200517029461.4512.08$13,998
Aug 2005036461.519.80$3,566
Jul 200518335455.697.84$12,968
Jun 2005134852.337.38$2,621
May 200518035945.226.65$10,527
Apr 2005433249.207.36$2,640
Mar 200517535050.377.15$11,319
Feb 2005130345.226.31$1,958
Jan 200518236043.166.32$10,131
Dec 2004436139.866.75$2,597
Nov 200417932345.286.33$10,150
Oct 200417537049.706.52$11,108
Sep 2004633743.245.28$2,040
Aug 200417925942.375.55$9,022
Jul 2004336838.286.08$2,354
Jun 200417238136.106.43$8,660
May 2004838537.486.49$2,800
Apr 200418838034.475.86$8,707
Mar 200418338034.365.53$8,389
Feb 2004936032.455.51$2,276
Jan 200417439332.036.30$8,049
Dec 200318340330.266.30$8,077
Nov 2003040928.804.60$1,879
Oct 200318642228.174.76$7,248
Sep 200318137626.314.75$6,548
Aug 20032143529.765.13$2,856
Jul 200335340729.415.17$12,486
Jun 2003022528.565.98$1,346
May 2003837126.595.97$2,429
Apr 200317634926.675.41$6,581
Mar 2003035031.146.10$2,134
Feb 200318033433.487.93$8,674
Jan 2003236230.315.58$2,081
Dec 200219034826.914.85$6,802
Nov 2002027724.664.14$1,146
Oct 200218528726.464.23$6,109
Sep 2002330227.443.64$1,180
Aug 200217128225.963.16$5,331
Jul 2002634224.583.06$1,195
Jun 200218334723.733.34$5,501
May 2002436424.663.58$1,403
Apr 200217626323.653.51$5,086
Mar 2002130722.003.10$975
Feb 200217522718.222.38$3,728
Jan 2002234217.172.38$847
Dec 2001029916.932.36$707
Nov 200118432618.072.41$4,109
Oct 2001036019.782.53$910
Sep 200117835424.262.25$5,115
Aug 2001830224.873.05$1,121
Jul 200118045023.933.20$5,746
Jun 2001268524.563.82$2,669
May 2001288325.524.31$3,854
Apr 200118066524.685.34$7,990
Mar 2001375324.545.38$4,122
Feb 200118270727.755.77$9,128
Jan 2001062827.478.40$5,274
Dec 20001811,11726.889.12$15,055
Nov 2000099732.215.66$5,641
Oct 200018585731.235.15$10,187
Sep 2000070931.875.19$3,677
Aug 200018173429.644.54$8,698
Jul 20001088328.534.09$3,897
Jun 200018196329.304.40$9,538
May 2000085927.263.68$3,161
Apr 200017996224.513.12$7,385
Mar 2000075628.422.86$2,162
Feb 200018881227.622.73$7,406
Jan 2000372225.272.48$1,867
Dec 19991841,10324.282.42$7,141
Nov 199921,11723.192.43$2,765
Oct 199918475720.982.80$5,983
Sep 199918197821.752.62$6,498
Aug 199911,11219.262.88$3,217
Jul 19991821,01717.892.37$5,669
Jun 199918399115.942.36$5,258
May 199921,63315.792.32$3,822
Apr 19991891,75415.102.21$6,727
Mar 199911,51212.471.84$2,792
Feb 19991821,4839.981.82$4,512
Jan 1999282310.381.90$1,584
Dec 19981854349.201.77$2,472
Nov 1998444610.892.19$1,018
Oct 199818357212.421.97$3,399
Sep 199817959012.592.08$3,482
Aug 1998164711.301.91$1,245
Jul 199818067811.742.24$3,630
Jun 199818145911.242.24$3,061
May 1998557212.622.21$1,325
Apr 199818079913.042.51$4,349
Mar 1998264212.802.31$1,508
Feb 199817551413.952.30$3,623
Jan 199817366214.702.15$3,970
Dec 1997453016.322.41$1,343
Nov 199717651018.193.09$4,776
Oct 199717766019.253.15$5,486
Sep 1997039717.742.95$1,173
Aug 199717468917.862.55$4,868
Jul 19971051517.582.25$1,333
Jun 199717855517.242.26$4,321
May 199718581018.972.31$5,379
Apr 1997278017.882.08$1,660
Mar 199717358218.951.94$4,407
Feb 199717856120.492.21$4,885
Jan 1997162923.483.54$2,250
Dec 199623451823.32$5,457
Nov 199617845821.97$3,911
Oct 1996257523.31$47
Sep 199617751322.22$3,933
Aug 199618362420.26$3,708
Jul 1996160819.55$20
Jun 199617570718.73$3,278
May 199618068319.43$3,497
Apr 199618044921.51$3,872
Mar 1996081219.38$0
Feb 199617866416.98$3,022
Jan 199617855617.07$3,038
Dec 1995059317.19$0
Nov 199518382416.00$2,928
Oct 199518282815.43$2,808
Sep 1995078116.18$0
Aug 199517979615.92$2,850
Jul 19951801,22715.24$2,743
Jun 199517999616.41$2,937
May 19951821,07617.56$3,196
Apr 1995090317.73$0
Mar 199517991516.44$2,943
Feb 199518061016.58$2,984
Jan 1995053715.92$0
Dec 199417854915.03$2,675
Nov 199417957415.90$2,846
Oct 1994657615.58$93
Sep 199418356015.29$2,798
Aug 199417857016.13$2,871
Jul 1994058117.56$0
Jun 199418158117.09$3,093
May 199417960115.88$2,843
Apr 199417659114.14$2,489
Mar 199417960412.46$2,230
Feb 1994055812.50$0
Jan 199417856312.66$2,253
Dec 199318354112.33$2,256
Nov 199318252414.49$2,637
Oct 199317854415.85$2,821
Sep 1993152615.03$15
Aug 199318060715.66$2,819
Jul 199318361515.46$2,829
Jun 199318157216.79$3,039
May 199318158517.68$3,200
Apr 199317858218.05$3,213
Mar 199317459618.14$3,156
Feb 1993238017.90$36
Jan 199318550216.93$3,132

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.

Mar 2016 — as filed, then multipliedworked
Oil                  110 bbl  × $ 33.01 =     $3,631
Casinghead gas         0 Mcf  × $  1.79 =         $0

────────────────────────────────────────────────────
Month total                                   $3,631

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/26469 is the state's own key, not one this site invented.