PARKS, ROY -A-

Operated by COG OPERATING LLC (P-5 166150) in the PARKS (SPRABERRY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 28971District 08Field 69233664NGPA filingOilCasinghead gasSaveExport
Value, all time
$3.3 M
Jan 1993 – Feb 2010
Value, last 12 filed months
$28 k
at the published price for each month
Months reported
206
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 65 leases and 175 wells, and the rule below applies to all of them.

Discovered
1957-06-06
as the register files it
Field class
Oil
the register's own label
Between wells
1,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres.

The Commission's schedule remark for this field reads: PARKS (CONSOLIDATED) EFF. 3/11/09.

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
NGPA2none

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
OilDisposition88,945 bbl$2,987,233
Casinghead gasProduction94,482 Mcf$347,677
Total$3,334,910

27,889 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 31.8283, -102.1225. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

31.82829, -102.12246 · 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
50.0%
1 of 2 wells
Median depth
8,850 ft
2 wells filed one
Completion to plug
29.1 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
2100.0%
A plug date is filed
150.0%
BothOn the schedule and plugged. Neither fact cancels the other.
150.0%
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 8,800 and 8,900 ft, median 8,850 ft, over the 2 wells that filed a depth.

Completions filed
May 1984 – Mar 1985
2 of 2 wells
Plug dates filed
Apr 2014
1 of 2 wells; 1 filed none

Last completion to plug: a median of 29.1 years across the 1 well that filed both dates, with the middle half between 29.1 years and 29.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-3293142928,800 ftMar 1985Apr 2014Yes
42-3293128318,900 ftMay 1984Yes

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 (206)

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

206 months

Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 200963037142.144.06$28,054
Feb 200931635332.814.63$12,003
Jan 200932539135.865.37$13,755
Dec 200861932337.105.98$24,896
Nov 200830536055.496.86$19,394
Oct 200863344475.246.92$50,700
Sep 2008310410101.767.88$34,775
Aug 2008631528114.228.48$76,552
Jul 2008252428131.0811.39$37,907
Jun 2008470400131.3313.03$66,938
May 2008263480123.1711.57$37,949
Apr 2008527403110.3110.45$62,347
Mar 2008391483101.909.66$44,511
Feb 200832449392.538.77$34,304
Jan 200838650590.388.21$39,031
Dec 200736532088.337.30$34,577
Nov 200719843491.677.29$21,315
Oct 200733458082.856.92$31,687
Sep 200748333075.846.24$38,691
Aug 200729949069.066.39$23,779
Jul 200764651770.906.39$49,104
Jun 200733355462.007.55$24,828
May 200765155758.747.85$42,610
Apr 200734160359.617.81$25,034
Mar 200769443756.927.30$42,693
Feb 200760938155.108.22$36,686
Jan 200735335350.306.73$20,130
Dec 200676637856.656.92$46,009
Nov 200658839154.207.62$34,848
Oct 200629838154.906.01$18,651
Sep 200663144060.085.04$40,127
Aug 200673949168.717.34$54,381
Jul 200633644269.376.34$26,112
Jun 200658949466.286.38$42,193
May 200653950166.016.42$38,798
Apr 200629253764.397.36$22,754
Mar 200664844356.707.08$39,879
Feb 200630734057.597.75$20,316
Jan 200656641060.598.93$37,957
Dec 200560642654.9413.42$39,009
Nov 200565140354.6910.59$39,870
Oct 200532032858.3413.80$23,194
Sep 200564743861.4512.08$45,049
Aug 200557747861.519.80$40,174
Jul 200556839255.697.84$34,707
Jun 200562343652.337.38$35,820
May 200562847645.226.65$31,564
Apr 200566841349.207.36$35,905
Mar 200527131150.377.15$15,875
Feb 200539325145.226.31$19,356
Jan 200526139043.166.32$13,730
Dec 200417531339.866.75$9,089
Nov 20044621,05245.286.33$27,579
Oct 200455144349.706.52$30,271
Sep 200422848843.245.28$12,437
Aug 200443243442.375.55$20,713
Jul 200450745538.286.08$22,176
Jun 200422254036.106.43$11,488
May 200440030737.486.49$16,986
Apr 200418048534.475.86$9,046
Mar 200433261234.365.53$14,792
Feb 200439753832.455.51$15,847
Jan 200442762532.036.30$17,614
Dec 200348454430.266.30$18,074
Nov 200358955528.804.60$19,514
Oct 200332955828.174.76$11,924
Sep 200366050526.314.75$19,763
Aug 200355453329.765.13$19,221
Jul 200349943429.415.17$16,920
Jun 200321950628.565.98$9,282
May 200345349926.595.97$15,026
Apr 200319753726.675.41$8,158
Mar 200343641431.146.10$16,101
Feb 200350140633.487.93$19,991
Jan 200320841930.315.58$8,643
Dec 200239134326.914.85$12,187
Nov 200242531524.664.14$11,784
Oct 200223340326.464.23$7,870
Sep 200248970927.443.64$15,996
Aug 20021991,06125.963.16$8,523
Jul 200250284924.583.06$14,939
Jun 200237840323.733.34$10,315
May 200244351424.663.58$12,767
Apr 200251950423.653.51$14,045
Mar 200255262022.003.10$14,068
Feb 200252745018.222.38$10,671
Jan 200251356117.172.38$10,141
Dec 200150849716.932.36$9,776
Nov 200151847418.072.41$10,500
Oct 200157521819.782.53$11,925
Sep 200135550324.262.25$9,745
Aug 200139623224.873.05$10,557
Jul 200156147323.933.20$14,937
Jun 200138645524.563.82$11,220
May 200133337025.524.31$10,092
Apr 200149741224.685.34$14,464
Mar 200147232924.545.38$13,352
Feb 200152835127.755.77$16,676
Jan 200149738427.478.40$16,878
Dec 200078732826.889.12$24,147
Nov 200057348332.215.66$21,189
Oct 200052158631.235.15$19,286
Sep 200048659831.875.19$18,590
Aug 200048254129.644.54$16,743
Jul 200045652628.534.09$15,161
Jun 200037654929.304.40$13,431
May 200051456527.263.68$16,091
Apr 200043548624.513.12$12,176
Mar 200048362028.422.86$15,500
Feb 200049458727.622.73$15,245
Jan 200047557125.272.48$13,420
Dec 199959355224.282.42$15,736
Nov 199990854923.192.43$22,393
Oct 199961064020.982.80$14,592
Sep 199958878521.752.62$14,845
Aug 199936353019.262.88$8,515
Jul 199930838217.892.37$6,416
Jun 199929442315.942.36$5,686
May 199926645115.792.32$5,247
Apr 199925539415.102.21$4,720
Mar 199928237812.471.84$4,211
Feb 19995503369.981.82$6,100
Jan 199916816910.381.90$2,065
Dec 19985862319.201.77$5,801
Nov 199822736510.892.19$3,270
Oct 199827030112.421.97$3,946
Sep 199829124212.592.08$4,168
Aug 199828325911.301.91$3,692
Jul 199819132911.742.24$2,978
Jun 19981883611.242.24$2,194
May 199828319512.622.21$4,002
Apr 19984811,02513.042.51$8,840
Mar 199845453812.802.31$7,054
Feb 199850370613.952.30$8,640
Jan 199835839314.702.15$6,109
Dec 199750448216.322.41$9,387
Nov 199745053618.193.09$9,841
Oct 199754774519.253.15$12,876
Sep 199755146017.742.95$11,134
Aug 199775039917.862.55$14,414
Jul 199768547117.582.25$13,101
Jun 199765538017.242.26$12,150
May 199744015118.972.31$8,695
Apr 199743515017.882.08$8,090
Mar 199749931318.951.94$10,063
Feb 199735328620.492.21$7,864
Jan 19971982123.483.54$4,723
Dec 19964031023.32$9,398
Nov 19964002221.97$8,788
Oct 199635337623.31$8,228
Sep 199638785122.22$8,599
Aug 199648377720.26$9,786
Jul 199639825219.55$7,781
Jun 199643315718.73$8,110
May 199642115319.43$8,180
Apr 199644528421.51$9,572
Mar 1996472819.38$9,147
Feb 19964652816.98$7,896
Jan 19965037417.07$8,586
Dec 19954606617.19$7,907
Nov 19954936716.00$7,888
Oct 199542010715.43$6,481
Sep 19954122816.18$6,666
Aug 19954381815.92$6,973
Jul 19953753015.24$5,715
Jun 19953068716.41$5,021
May 199535137017.56$6,164
Apr 199546920717.73$8,315
Mar 199555915516.44$9,190
Feb 199545718616.58$7,577
Jan 199542952115.92$6,830
Dec 199442346015.03$6,358
Nov 199444153515.90$7,012
Oct 199447847015.58$7,447
Sep 199452046915.29$7,951
Aug 199447869416.13$7,710
Jul 199429885617.56$5,233
Jun 199436767917.09$6,272
May 199449195715.88$7,797
Apr 19945141,17014.14$7,268
Mar 19945161,20012.46$6,429
Feb 19945521,01012.50$6,900
Jan 19946551,19912.66$8,292
Dec 19937001,05812.33$8,631
Nov 19936351,31814.49$9,201
Oct 19935481,71215.85$8,686
Sep 19935312,68015.03$7,981
Aug 19936292,26115.66$9,850
Jul 19936051,24815.46$9,353
Jun 199358373416.79$9,789
May 199365889417.68$11,633
Apr 199348342118.05$8,718
Mar 199348463518.14$8,780
Feb 199345817117.90$8,198
Jan 199367822416.93$11,479

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 2009 — as filed, then multipliedworked
Oil                  630 bbl  × $ 42.14 =    $26,548
Casinghead gas       371 Mcf  × $  4.06 =     $1,506

────────────────────────────────────────────────────
Month total                                  $28,054

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/28971 is the state's own key, not one this site invented.