SATTERFIELD

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 29514District 08Field 85280300NGPA filingOilCasinghead gasSaveExport
Value, all time
$2.1 M
Jan 1993 – Mar 2020
Value, last 12 filed months
$0
at the published price for each month
Months reported
327
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
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
OilDisposition50,193 bbl$1,630,572
Casinghead gasProduction190,413 Mcf$454,617
Total$2,085,189

80,026 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 31.9654, -102.0428. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.5 miles.

31.96536, -102.04278 · 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
9,425 ft
2 wells filed one
Completion to plug
3.4 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 9,400 and 9,450 ft, median 9,425 ft, over the 2 wells that filed a depth.

Completions filed
Jun 1996 – Dec 2015
2 of 2 wells
Plug dates filed
Sep 1999 – Jul 2019
2 of 2 wells

Last completion to plug: a median of 3.4 years across the 2 wells that filed both dates, with the middle half between 3.3 years and 3.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-3293144319,400 ftDec 2015Jul 2019Yes
42-3293156529,450 ftJun 1996Sep 1999Yes

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 (327)

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

327 months

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 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 2015136032.362.00$4,401
Nov 20150038.792.17$0
Oct 20150643.552.43$15
Sep 2015016642.992.76$458
Aug 201518020640.162.87$7,821
Jul 2015017648.152.95$518
Jun 2015011756.152.88$337
May 201517515455.212.96$10,117
Apr 2015516249.822.71$688
Mar 201517915042.892.93$8,118
Feb 2015120344.662.98$649
Jan 201517715343.433.10$8,162
Dec 2014019454.693.59$697
Nov 201417016170.464.25$12,663
Oct 201418123978.303.90$15,105
Sep 2014027986.164.05$1,129
Aug 201417525189.394.04$16,656
Jul 2014021996.564.18$915
Jun 2014018998.164.74$895
May 201418323594.734.73$18,446
Apr 201417826095.944.81$18,328
Mar 2014027995.895.06$1,411
Feb 201417114097.406.19$17,522
Jan 201418820690.404.86$17,997
Dec 2013032291.824.35$1,402
Nov 2013131288.853.74$1,255
Oct 20132032297.423.78$3,165
Sep 2013346225104.113.72$36,859
Aug 20130274104.253.52$965
Jul 2013170310102.523.72$18,581
Jun 2013030294.403.93$1,188
May 2013028494.834.15$1,178
Apr 2013029793.964.28$1,272
Mar 201317029093.623.91$17,050
Feb 2013028091.233.42$958
Jan 201317633191.603.42$17,254
Dec 2012033286.773.42$1,135
Nov 201216832686.953.62$15,789
Oct 2012034289.383.40$1,163
Sep 201216833794.672.92$16,888
Aug 2012033592.662.91$974
Jul 201217334085.133.02$15,755
Jun 2012034079.822.52$856
May 201216834791.612.49$16,254
Apr 20120320101.652.00$639
Mar 2012168296105.052.22$18,306
Feb 20120280101.102.57$720
Jan 201216833198.092.73$17,384
Dec 201116533896.873.24$17,079
Nov 2011032395.723.31$1,070
Oct 201116733984.983.65$15,429
Sep 201116732183.623.99$15,244
Aug 201116832783.404.15$15,368
Jul 2011033394.144.52$1,504
Jun 2011033192.904.64$1,536
May 2011034998.134.40$1,537
Apr 2011175338105.964.33$20,008
Mar 201134135096.364.06$34,279
Feb 2011028985.644.18$1,208
Jan 2011034686.504.59$1,588
Dec 201016932685.734.35$15,906
Nov 201016632880.843.80$14,664
Oct 2010037378.103.51$1,309
Sep 201017333272.633.98$13,886
Aug 2010032073.684.42$1,414
Jul 201016935372.554.74$13,933
Jun 2010034170.364.91$1,674
May 201016934771.124.24$13,489
Apr 2010032781.694.12$1,348
Mar 201016729778.394.39$14,395
Feb 2010028773.585.44$1,562
Jan 201017132674.365.96$14,660
Dec 200915927071.445.48$12,840
Nov 2009030074.593.75$1,125
Oct 200915631572.544.11$12,611
Sep 200916029865.543.06$11,400
Aug 2009032367.423.22$1,040
Jul 200926732261.133.46$17,437
Jun 2009030566.163.90$1,188
May 200916730354.743.93$10,331
Apr 200915729846.773.59$8,412
Mar 200916929542.144.06$8,319
Feb 2009026532.814.63$1,228
Jan 200917730035.865.37$7,959
Dec 200816725937.105.98$7,744
Nov 2008025455.496.86$1,743
Oct 200816123475.246.92$13,733
Sep 2008172256101.767.88$19,519
Aug 20080293114.228.48$2,486
Jul 2008175292131.0811.39$26,265
Jun 20080259131.3313.03$3,375
May 2008172263123.1711.57$24,229
Apr 20080257110.3110.45$2,687
Mar 2008165262101.909.66$19,345
Feb 2008024592.538.77$2,149
Jan 200816126090.388.21$16,685
Dec 200718226788.337.30$18,026
Nov 2007024691.677.29$1,794
Oct 200716816782.856.92$15,075
Sep 2007026075.846.24$1,623
Aug 2007028769.066.39$1,833
Jul 200716929270.906.39$13,847
Jun 200717427062.007.55$12,826
May 2007030458.747.85$2,385
Apr 200717528559.617.81$12,656
Mar 2007028756.927.30$2,096
Feb 200717226155.108.22$11,622
Jan 2007029550.306.73$1,984
Dec 200618328956.656.92$12,366
Nov 2006030054.207.62$2,285
Oct 2006029354.906.01$1,762
Sep 200618129960.085.04$12,381
Aug 2006034168.717.34$2,503
Jul 200617234269.376.34$14,101
Jun 2006032866.286.38$2,094
May 200617134266.016.42$13,485
Apr 200617534464.397.36$13,800
Mar 2006033256.707.08$2,352
Feb 200617229857.597.75$12,215
Jan 2006026360.598.93$2,349
Dec 2005025254.9413.42$3,381
Nov 200517633354.6910.59$13,151
Oct 2005032958.3413.80$4,539
Sep 200516531761.4512.08$13,968
Aug 2005031461.519.80$3,076
Jul 200517135255.697.84$12,284
Jun 2005034652.337.38$2,554
May 200517135945.226.65$10,120
Apr 2005034749.207.36$2,554
Mar 2005030050.377.15$2,146
Feb 200517636345.226.31$10,250
Jan 200517340343.166.32$10,015
Dec 2004038939.866.75$2,626
Nov 200416938745.286.33$10,102
Oct 200417041049.706.52$11,120
Sep 2004040943.245.28$2,161
Aug 200417830442.375.55$9,229
Jul 2004042238.286.08$2,568
Jun 200417740736.106.43$9,008
May 2004042637.486.49$2,767
Apr 200417440634.475.86$8,376
Mar 200417641634.365.53$8,348
Feb 200417237432.455.51$7,642
Jan 2004040532.036.30$2,551
Dec 200317541630.266.30$7,917
Nov 200317143128.804.60$6,905
Oct 2003040328.174.76$1,918
Sep 200317529426.314.75$6,001
Aug 200317624129.765.13$6,474
Jul 2003037029.415.17$1,913
Jun 200317841528.565.98$7,567
May 2003051126.595.97$3,052
Apr 200317548326.675.41$7,279
Mar 200317450531.146.10$8,497
Feb 200317746133.487.93$9,580
Jan 2003049330.315.58$2,752
Dec 200217749126.914.85$7,146
Nov 2002047524.664.14$1,965
Oct 200217850026.464.23$6,824
Sep 200217750727.443.64$6,700
Aug 2002054525.963.16$1,724
Jul 200214648724.583.06$5,080
Jun 2002052023.733.34$1,736
May 200217861224.663.58$6,583
Apr 2002063723.653.51$2,237
Mar 200217965522.003.10$5,970
Feb 200217758418.222.38$4,612
Jan 200217463817.172.38$4,503
Dec 200118561316.932.36$4,581
Nov 2001064518.072.41$1,552
Oct 200117668219.782.53$5,206
Sep 2001066724.262.25$1,502
Aug 200117665624.873.05$6,380
Jul 200117965123.933.20$6,365
Jun 200117963324.563.82$6,817
May 2001065725.524.31$2,830
Apr 200117858524.685.34$7,514
Mar 200118665524.545.38$8,086
Feb 200118366527.755.77$8,913
Jan 200118482927.478.40$12,017
Dec 2000078726.889.12$7,179
Nov 20001811,06932.215.66$11,878
Oct 200018379931.235.15$9,826
Sep 20001791,13231.875.19$11,576
Aug 200018389529.644.54$9,488
Jul 2000085928.534.09$3,513
Jun 200019198129.304.40$9,910
May 200018182127.263.68$7,955
Apr 200018487424.513.12$7,233
Mar 200001,06328.422.86$3,040
Feb 200017477727.622.73$6,924
Jan 200018480825.272.48$6,654
Dec 199918490924.282.42$6,671
Nov 19991801,10123.192.43$6,854
Oct 199918295020.982.80$6,482
Sep 19991791,78921.752.62$8,578
Aug 1999087719.262.88$2,522
Jul 199917946717.892.37$4,310
Jun 199918669415.942.36$4,604
May 19991801,40915.792.32$6,113
Apr 19991831,26815.102.21$5,563
Mar 19993591,10112.471.84$6,501
Feb 199905099.981.82$925
Jan 1999053710.381.90$1,020
Dec 19981866799.201.77$2,915
Nov 199817271010.892.19$3,425
Oct 199817570612.421.97$3,564
Sep 199817471512.592.08$3,680
Aug 199817374311.301.91$3,372
Jul 199817979111.742.24$3,871
Jun 199835589211.242.24$5,986
May 19983611,38212.622.21$7,605
Apr 19983641,21013.042.51$7,778
Mar 19983611,10512.802.31$7,173
Feb 19983411,14113.952.30$7,380
Jan 19983441,20314.702.15$7,649
Dec 19975181,24416.322.41$11,453
Nov 19973471,16918.193.09$9,922
Oct 19973411,29419.253.15$10,640
Sep 19973471,28817.742.95$9,962
Aug 19973481,22517.862.55$9,345
Jul 19975201,37217.582.25$12,224
Jun 19973411,24317.242.26$8,685
May 19973481,21918.972.31$9,416
Apr 19973491,29017.882.08$8,927
Mar 19975611,21518.951.94$12,987
Feb 19973611,08120.492.21$9,781
Jan 19971831,33123.483.54$9,008
Dec 19964141,24523.32$9,654
Nov 19963561,31421.97$7,821
Oct 19963501,44523.31$8,159
Sep 19963531,55022.22$7,844
Aug 19963411,53020.26$6,909
Jul 19963481,40619.55$6,803
Jun 19963461,31918.73$6,481
May 199617541519.43$3,400
Apr 199635571221.51$7,636
Mar 19963521,52919.38$6,822
Feb 19963651,66016.98$6,198
Jan 19965261,55817.07$8,979
Dec 19953561,59817.19$6,120
Nov 19953591,69316.00$5,744
Oct 19955332,03515.43$8,224
Sep 19953542,04816.18$5,728
Aug 19953422,00415.92$5,445
Jul 19953542,26415.24$5,395
Jun 19955422,11716.41$8,894
May 19953592,14917.56$6,304
Apr 19953612,01217.73$6,401
Mar 19955461,91016.44$8,976
Feb 19953581,73716.58$5,936
Jan 19955451,10215.92$8,676
Dec 19943581,56015.03$5,381
Nov 19945401,60215.90$8,586
Oct 19945381,64415.58$8,382
Sep 19943551,79915.29$5,428
Aug 19945221,86116.13$8,420
Jul 19945411,89817.56$9,500
Jun 19945261,66717.09$8,989
May 19943591,65215.88$5,701
Apr 19945401,61614.14$7,636
Mar 19945291,66512.46$6,591
Feb 19945421,59012.50$6,775
Jan 19943701,73012.66$4,684
Dec 19935361,73912.33$6,609
Nov 19935441,72014.49$7,883
Oct 19935441,69015.85$8,622
Sep 19933571,74815.03$5,366
Aug 19935321,85215.66$8,331
Jul 19935411,81515.46$8,364
Jun 19935351,83916.79$8,983
May 19937142,00117.68$12,624
Apr 19933571,69618.05$6,444
Mar 19935421,82718.14$9,832
Feb 19935391,66517.90$9,648
Jan 19935391,79816.93$9,125

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 2015 — as filed, then multipliedworked
Oil                  136 bbl  × $ 32.36 =     $4,401
Casinghead gas         0 Mcf  × $  2.00 =         $0

────────────────────────────────────────────────────
Month total                                   $4,401

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/29514 is the state's own key, not one this site invented.