PARKER, J. E.

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

Operated by EXXON MOBIL CORPORATION (P-5 257128) in the MARTIN, WEST (FUSSELMAN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 29788District 08Field 57781250Hydrogen sulphide fieldNGPA filingOilCasinghead gasSave Export

Value, all time

$8.4 M

Jan 1993 – Mar 2011

Value, last 12 filed months

$231 k

at the published price for each month

Months reported

219

no gaps in the span

Streams

oil, casinghead gas

The MARTIN, WEST (FUSSELMAN) 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 10 leases and 21 wells, and the rule below applies to all of them.

Discovered

1961-01-08

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

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: “INTO MARTIN (CONSOLIDATED) EFFECTIVE 8/24/2010.”

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	1	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	219,161 bbl	$6,122,662
Casinghead gas	Production	802,417 Mcf	$2,249,754
Total			$8,372,416

296,549 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 (5)

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 32.1998, -102.7734. A lease has no coordinate of its own — that point is the mean of its wells, and they span 1.1 miles.

32.19951, -102.77260 · 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%

5 of 5 wells

With a plug date

20.0%

1 of 5 wells

Median depth

8,975 ft

5 wells filed one

Completion to plug

3.5 years

median over 1 well

What the state filed about each well

On the RRC proration schedule

5100.0%

A plug date is filed

120.0%

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

120.0%

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 8,895 and 9,129 ft, median 8,975 ft, over the 5 wells that filed a depth.

Completions filed

Mar 1985 – Oct 2015

5 of 5 wells

Plug dates filed

Dec 1997

1 of 5 wells; 4 filed none

Last completion to plug: a median of 3.5 years across the 1 well that filed both dates, with the middle half between 3.5 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.

5 wells


42-00334281	94	8,965 ft	Oct 2015	—	Yes
42-00334965	99	9,129 ft	Mar 1996	—	Yes
42-00303010	33	8,975 ft	Jun 1994	Dec 1997	Yes
42-00302991	13	8,975 ft	Apr 1992	—	Yes
42-00334284	92	8,895 ft	Mar 1985	—	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 (219)

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

219 months


Mar 2011	0	0	96.36	4.06	$0
Feb 2011	0	0	85.64	4.18	$0
Jan 2011	0	0	86.50	4.59	$0
Dec 2010	0	0	85.73	4.35	$0
Nov 2010	0	0	80.84	3.80	$0
Oct 2010	0	0	78.10	3.51	$0
Sep 2010	0	0	72.63	3.98	$0
Aug 2010	637	1,928	73.68	4.42	$55,455
Jul 2010	388	1,841	72.55	4.74	$36,869
Jun 2010	486	1,858	70.36	4.91	$43,318
May 2010	464	2,087	71.12	4.24	$41,839
Apr 2010	545	2,095	81.69	4.12	$53,158
Mar 2010	552	2,112	78.39	4.39	$52,540
Feb 2010	548	1,899	73.58	5.44	$50,657
Jan 2010	582	2,179	74.36	5.96	$56,273
Dec 2009	605	2,351	71.44	5.48	$56,114
Nov 2009	732	2,505	74.59	3.75	$63,997
Oct 2009	239	1,107	72.54	4.11	$21,887
Sep 2009	503	2,064	65.54	3.06	$39,292
Aug 2009	538	2,065	67.42	3.22	$42,918
Jul 2009	537	2,130	61.13	3.46	$40,206
Jun 2009	555	2,433	66.16	3.90	$46,195
May 2009	532	2,286	54.74	3.93	$38,096
Apr 2009	544	2,141	46.77	3.59	$33,124
Mar 2009	547	2,540	42.14	4.06	$33,360
Feb 2009	666	2,734	32.81	4.63	$34,518
Jan 2009	441	2,712	35.86	5.37	$30,380
Dec 2008	648	3,083	37.10	5.98	$42,468
Nov 2008	470	878	55.49	6.86	$32,104
Oct 2008	452	2,483	75.24	6.92	$51,196
Sep 2008	360	1,379	101.76	7.88	$47,496
Aug 2008	520	2,266	114.22	8.48	$78,617
Jul 2008	602	2,736	131.08	11.39	$110,072
Jun 2008	338	1,636	131.33	13.03	$65,711
May 2008	583	2,194	123.17	11.57	$97,202
Apr 2008	664	2,593	110.31	10.45	$100,355
Mar 2008	559	1,541	101.90	9.66	$71,854
Feb 2008	463	1,615	92.53	8.77	$57,006
Jan 2008	519	1,694	90.38	8.21	$60,808
Dec 2007	571	2,062	88.33	7.30	$65,493
Nov 2007	547	3,369	91.67	7.29	$74,709
Oct 2007	508	3,596	82.85	6.92	$66,979
Sep 2007	490	2,919	75.84	6.24	$55,388
Aug 2007	553	2,808	69.06	6.39	$56,128
Jul 2007	579	3,000	70.90	6.39	$60,215
Jun 2007	608	2,575	62.00	7.55	$57,133
May 2007	798	2,537	58.74	7.85	$66,781
Apr 2007	663	2,893	59.61	7.81	$62,102
Mar 2007	592	3,188	56.92	7.30	$56,975
Feb 2007	547	1,984	55.10	8.22	$46,440
Jan 2007	618	2,284	50.30	6.73	$46,450
Dec 2006	646	2,494	56.65	6.92	$53,850
Nov 2006	696	2,113	54.20	7.62	$53,819
Oct 2006	559	1,641	54.90	6.01	$40,558
Sep 2006	577	1,764	60.08	5.04	$43,552
Aug 2006	594	1,814	68.71	7.34	$54,128
Jul 2006	626	2,781	69.37	6.34	$61,065
Jun 2006	546	1,760	66.28	6.38	$47,425
May 2006	415	998	66.01	6.42	$33,806
Apr 2006	834	2,936	64.39	7.36	$75,312
Mar 2006	896	3,243	56.70	7.08	$73,773
Feb 2006	522	2,101	57.59	7.75	$46,347
Jan 2006	696	2,450	60.59	8.93	$64,057
Dec 2005	995	3,081	54.94	13.42	$95,998
Nov 2005	858	2,704	54.69	10.59	$75,555
Oct 2005	695	2,223	58.34	13.80	$71,214
Sep 2005	510	1,940	61.45	12.08	$54,773
Aug 2005	601	2,339	61.51	9.80	$59,882
Jul 2005	565	2,298	55.69	7.84	$49,490
Jun 2005	663	2,719	52.33	7.38	$54,764
May 2005	701	1,997	45.22	6.65	$44,982
Apr 2005	486	1,819	49.20	7.36	$37,300
Mar 2005	700	1,837	50.37	7.15	$48,403
Feb 2005	799	2,063	45.22	6.31	$49,152
Jan 2005	1,119	1,929	43.16	6.32	$60,492
Dec 2004	733	1,915	39.86	6.75	$42,146
Nov 2004	707	2,423	45.28	6.33	$47,352
Oct 2004	802	2,619	49.70	6.52	$56,922
Sep 2004	654	2,150	43.24	5.28	$39,639
Aug 2004	673	2,730	42.37	5.55	$43,668
Jul 2004	848	2,825	38.28	6.08	$49,649
Jun 2004	650	2,399	36.10	6.43	$38,898
May 2004	690	2,373	37.48	6.49	$41,273
Apr 2004	676	2,260	34.47	5.86	$36,542
Mar 2004	748	2,363	34.36	5.53	$38,769
Feb 2004	821	2,186	32.45	5.51	$38,685
Jan 2004	759	2,245	32.03	6.30	$38,453
Dec 2003	767	2,413	30.26	6.30	$38,415
Nov 2003	680	2,276	28.80	4.60	$30,043
Oct 2003	952	2,717	28.17	4.76	$39,750
Sep 2003	894	2,823	26.31	4.75	$36,929
Aug 2003	808	2,734	29.76	5.13	$38,071
Jul 2003	899	2,189	29.41	5.17	$37,759
Jun 2003	923	2,877	28.56	5.98	$43,574
May 2003	1,002	3,222	26.59	5.97	$45,887
Apr 2003	1,016	3,448	26.67	5.41	$45,741
Mar 2003	934	2,786	31.14	6.10	$46,068
Feb 2003	850	2,526	33.48	7.93	$48,479
Jan 2003	921	2,486	30.31	5.58	$41,792
Dec 2002	786	2,561	26.91	4.85	$33,582
Nov 2002	774	2,581	24.66	4.14	$29,764
Oct 2002	923	3,071	26.46	4.23	$37,410
Sep 2002	810	2,868	27.44	3.64	$32,652
Aug 2002	856	3,016	25.96	3.16	$31,765
Jul 2002	879	3,285	24.58	3.06	$31,664
Jun 2002	794	3,256	23.73	3.34	$29,711
May 2002	922	3,413	24.66	3.58	$34,969
Apr 2002	882	2,767	23.65	3.51	$30,578
Mar 2002	1,271	2,772	22.00	3.10	$36,563
Feb 2002	1,300	2,056	18.22	2.38	$28,570
Jan 2002	1,131	2,046	17.17	2.38	$24,280
Dec 2001	934	2,615	16.93	2.36	$21,996
Nov 2001	906	2,653	18.07	2.41	$22,753
Oct 2001	962	2,610	19.78	2.53	$25,629
Sep 2001	1,056	2,269	24.26	2.25	$30,727
Aug 2001	1,191	5,687	24.87	3.05	$46,983
Jul 2001	982	5,843	23.93	3.20	$42,180
Jun 2001	665	4,630	24.56	3.82	$34,038
May 2001	1,062	5,115	25.52	4.31	$49,134
Apr 2001	891	3,948	24.68	5.34	$43,054
Mar 2001	1,151	4,230	24.54	5.38	$50,988
Feb 2001	438	1,184	27.75	5.77	$18,983
Jan 2001	452	1,069	27.47	8.40	$21,395
Dec 2000	452	1,077	26.88	9.12	$21,975
Nov 2000	345	1,200	32.21	5.66	$17,902
Oct 2000	426	1,346	31.23	5.15	$20,230
Sep 2000	308	1,288	31.87	5.19	$16,496
Aug 2000	358	1,266	29.64	4.54	$16,360
Jul 2000	469	1,251	28.53	4.09	$18,497
Jun 2000	426	1,258	29.30	4.40	$18,014
May 2000	441	1,124	27.26	3.68	$16,158
Apr 2000	463	1,060	24.51	3.12	$14,651
Mar 2000	526	2,383	28.42	2.86	$21,764
Feb 2000	483	2,243	27.62	2.73	$19,456
Jan 2000	502	2,245	25.27	2.48	$18,254
Dec 1999	494	2,164	24.28	2.42	$17,239
Nov 1999	405	2,065	23.19	2.43	$14,418
Oct 1999	1,445	6,826	20.98	2.80	$49,454
Sep 1999	2,283	11,888	21.75	2.62	$80,788
Aug 1999	405	2,507	19.26	2.88	$15,009
Jul 1999	487	2,481	17.89	2.37	$14,598
Jun 1999	598	3,213	15.94	2.36	$17,122
May 1999	702	2,276	15.79	2.32	$16,367
Apr 1999	587	2,755	15.10	2.21	$14,947
Mar 1999	605	2,945	12.47	1.84	$12,958
Feb 1999	1,188	6,014	9.98	1.82	$22,788
Jan 1999	691	2,698	10.38	1.90	$12,299
Dec 1998	776	2,584	9.20	1.77	$11,721
Nov 1998	773	2,496	10.89	2.19	$13,874
Oct 1998	1,700	5,308	12.42	1.97	$31,567
Sep 1998	1,675	5,642	12.59	2.08	$32,838
Aug 1998	867	3,724	11.30	1.91	$16,900
Jul 1998	1,076	4,246	11.74	2.24	$22,132
Jun 1998	748	5,414	11.24	2.24	$20,520
May 1998	780	3,673	12.62	2.21	$17,947
Apr 1998	745	1,796	13.04	2.51	$14,214
Mar 1998	834	2,574	12.80	2.31	$16,620
Feb 1998	754	2,859	13.95	2.30	$17,092
Jan 1998	1,149	5,306	14.70	2.15	$28,324
Dec 1997	1,050	5,487	16.32	2.41	$30,366
Nov 1997	1,025	5,805	18.19	3.09	$36,572
Oct 1997	1,281	5,329	19.25	3.15	$41,445
Sep 1997	1,067	5,482	17.74	2.95	$35,127
Aug 1997	1,251	6,292	17.86	2.55	$38,417
Jul 1997	1,171	9,163	17.58	2.25	$41,175
Jun 1997	1,250	11,432	17.24	2.26	$47,354
May 1997	1,324	12,080	18.97	2.31	$53,003
Apr 1997	1,240	12,413	17.88	2.08	$48,025
Mar 1997	1,478	13,344	18.95	1.94	$53,884
Feb 1997	921	10,371	20.49	2.21	$41,749
Jan 1997	941	7,521	23.48	3.54	$48,717
Dec 1996	1,769	10,890	23.32	—	$41,253
Nov 1996	1,188	8,203	21.97	—	$26,100
Oct 1996	1,436	8,678	23.31	—	$33,473
Sep 1996	1,306	9,023	22.22	—	$29,019
Aug 1996	1,010	8,724	20.26	—	$20,463
Jul 1996	1,009	9,776	19.55	—	$19,726
Jun 1996	1,048	9,553	18.73	—	$19,629
May 1996	1,167	8,933	19.43	—	$22,675
Apr 1996	1,158	4,144	21.51	—	$24,909
Mar 1996	1,370	2,042	19.38	—	$26,551
Feb 1996	1,127	5,879	16.98	—	$19,136
Jan 1996	1,471	3,343	17.07	—	$25,110
Dec 1995	1,621	3,921	17.19	—	$27,865
Nov 1995	1,563	4,769	16.00	—	$25,008
Oct 1995	1,648	14,268	15.43	—	$25,429
Sep 1995	1,713	14,984	16.18	—	$27,716
Aug 1995	1,563	6,072	15.92	—	$24,883
Jul 1995	1,540	5,340	15.24	—	$23,470
Jun 1995	1,618	4,140	16.41	—	$26,551
May 1995	1,832	6,151	17.56	—	$32,170
Apr 1995	1,933	7,660	17.73	—	$34,272
Mar 1995	1,935	6,778	16.44	—	$31,811
Feb 1995	2,917	6,705	16.58	—	$48,364
Jan 1995	2,132	5,923	15.92	—	$33,941
Dec 1994	1,973	4,230	15.03	—	$29,654
Nov 1994	2,189	3,706	15.90	—	$34,805
Oct 1994	2,374	4,014	15.58	—	$36,987
Sep 1994	2,126	5,949	15.29	—	$32,507
Aug 1994	2,421	11,124	16.13	—	$39,051
Jul 1994	2,786	9,054	17.56	—	$48,922
Jun 1994	2,214	4,985	17.09	—	$37,837
May 1994	4,071	6,839	15.88	—	$64,647
Apr 1994	3,734	5,863	14.14	—	$52,799
Mar 1994	4,459	7,523	12.46	—	$55,559
Feb 1994	2,498	2,626	12.50	—	$31,225
Jan 1994	4,156	7,058	12.66	—	$52,615
Dec 1993	5,721	8,921	12.33	—	$70,540
Nov 1993	4,422	8,891	14.49	—	$64,075
Oct 1993	1,631	2,420	15.85	—	$25,851
Sep 1993	1,650	3,619	15.03	—	$24,800
Aug 1993	1,181	3,687	15.66	—	$18,494
Jul 1993	1,186	2,879	15.46	—	$18,336
Jun 1993	1,188	2,962	16.79	—	$19,947
May 1993	1,330	2,952	17.68	—	$23,514
Apr 1993	1,435	2,630	18.05	—	$25,902
Mar 1993	1,622	3,144	18.14	—	$29,423
Feb 1993	1,550	2,529	17.90	—	$27,745
Jan 1993	1,588	3,045	16.93	—	$26,885

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 2010 — as filed, then multipliedworked

Oil                  637 bbl  × $ 73.68 =    $46,934
Casinghead gas     1,928 Mcf  × $  4.42 =     $8,521

────────────────────────────────────────────────────
Month total                                  $55,455

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/29788 is the state's own key, not one this site invented.