PARKER, J.E. ESTATE -B-

Operated by HUNTINGTON ENERGY, L.L.C. (P-5 419291) in the MARTIN (CLEAR FORK, LO) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 32414District 08Field 57774166Hydrogen sulphide fieldNGPA filingOilCasinghead gasSaveExport
Value, all time
$818 k
Jan 1993 – Mar 2008
Value, last 12 filed months
$0
at the published price for each month
Months reported
183
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 28 leases and 65 wells, and the rule below applies to all of them.

Discovered
1969-01-31
as the register files it
Field class
Oil and gas
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: (CONSOLIDATED) FIELD

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
OilDisposition19,681 bbl$355,315
Casinghead gasProduction277,063 Mcf$463,004
Total$818,319

126,625 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 32.2111, -102.7758. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

32.21109, -102.77582 · 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
0.0%
0 of 2 wells
Median depth
7,490 ft
2 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
2100.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
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 7,479 and 7,500 ft, median 7,490 ft, over the 2 wells that filed a depth.

Completions filed
Feb 1990 – Aug 1990
2 of 2 wells

2 wells

42-0033656447,500 ftAug 1990Yes
42-0033647937,479 ftFeb 1990Yes

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 (183)

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

183 months

Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20022271,82924.664.14$13,164
Oct 200201,89226.464.23$8,002
Sep 20021711,87627.443.64$11,512
Aug 200201,62925.963.16$5,154
Jul 20021591,99024.583.06$10,001
Jun 20021681,93323.733.34$10,439
May 200201,99924.663.58$7,164
Apr 20021501,94323.653.51$10,372
Mar 20021751,82222.003.10$9,503
Feb 200201,77318.222.38$4,212
Jan 20021821,92017.172.38$7,686
Dec 20011761,89616.932.36$7,463
Nov 200101,77818.072.41$4,277
Oct 20011791,78819.782.53$8,062
Sep 200101,63224.262.25$3,674
Aug 20011791,83424.873.05$10,051
Jul 200102,17923.933.20$6,966
Jun 20011721,59024.563.82$10,305
May 200102,02725.524.31$8,731
Apr 200101,75624.685.34$9,369
Mar 200101,99324.545.38$10,715
Feb 20011731,83627.755.77$15,389
Jan 200102,11327.478.40$17,747
Dec 200001,89426.889.12$17,278
Nov 20001761,90632.215.66$16,453
Oct 20001832,04431.235.15$16,232
Sep 200002,04631.875.19$10,612
Aug 20001802,15529.644.54$15,121
Jul 20001802,23328.534.09$14,268
Jun 200002,08929.304.40$9,186
May 20001791,80727.263.68$11,529
Apr 200001,89324.513.12$5,899
Mar 20001702,12128.422.86$10,897
Feb 20001792,00327.622.73$10,405
Jan 200002,02225.272.48$5,016
Dec 19991772,12624.282.42$9,450
Nov 19991752,08923.192.43$9,143
Oct 19991662,19120.982.80$9,626
Sep 199902,15421.752.62$5,641
Aug 19991602,28519.262.88$9,652
Jul 19991502,28717.892.37$8,109
Jun 19991852,22215.942.36$8,197
May 199912,37615.792.32$5,531
Apr 19991781,93315.102.21$6,956
Mar 19991792,27712.471.84$6,418
Feb 19991822,0499.981.82$5,541
Jan 19991842,22510.381.90$6,137
Dec 199802,1679.201.77$3,843
Nov 19981802,13610.892.19$6,629
Oct 19981742,32512.421.97$6,739
Sep 19981692,29312.592.08$6,903
Aug 199802,43711.301.91$4,648
Jul 19981592,53611.742.24$7,540
Jun 19981702,45311.242.24$7,399
May 19981662,50012.622.21$7,611
Apr 19981692,41513.042.51$8,254
Mar 19981842,39112.802.31$7,877
Feb 199802,09613.952.30$4,819
Jan 19981832,33614.702.15$7,724
Dec 19971862,26816.322.41$8,504
Nov 19971782,30518.193.09$10,356
Oct 19971811,76319.253.15$9,037
Sep 19971802,49517.742.95$10,566
Aug 199712,63217.862.55$6,742
Jul 19971792,65717.582.25$9,117
Jun 19971792,52517.242.26$8,785
May 19971632,61318.972.31$9,124
Apr 19971822,49917.882.08$8,459
Mar 19971822,47718.951.94$8,252
Feb 19971652,17020.492.21$8,168
Jan 19971822,49423.483.54$13,101
Dec 19961712,50823.32$3,988
Nov 19961682,45221.97$3,691
Oct 19961722,62923.31$4,009
Sep 19961682,56122.22$3,733
Aug 19961712,72520.26$3,464
Jul 19961462,76619.55$2,854
Jun 19961732,67018.73$3,240
May 19961712,76819.43$3,323
Apr 19961652,63121.51$3,549
Mar 19961702,80519.38$3,295
Feb 19961732,31416.98$2,938
Jan 19961432,48717.07$2,441
Dec 19951702,55117.19$2,922
Nov 19951682,44116.00$2,688
Oct 19953252,70015.43$5,015
Sep 19951762,68216.18$2,848
Aug 19951502,81515.92$2,388
Jul 19952662,92015.24$4,054
Jun 19951712,28416.41$2,806
May 19953172,79717.56$5,567
Apr 19951722,69517.73$3,050
Mar 19951402,52616.44$2,302
Feb 19953392,14916.58$5,621
Jan 19951772,44215.92$2,818
Dec 19943412,61615.03$5,125
Nov 19941692,58615.90$2,687
Oct 19941732,76115.58$2,695
Sep 19943422,71715.29$5,229
Aug 19943422,92516.13$5,516
Jul 19941732,93917.56$3,038
Jun 19941742,43117.09$2,974
May 19943491,69315.88$5,542
Apr 19943472,70914.14$4,907
Mar 19943422,69712.46$4,261
Feb 199402,35612.50$0
Jan 19945232,62812.66$6,621
Dec 199302,69012.33$0
Nov 19933432,65114.49$4,970
Oct 19931722,85015.85$2,726
Sep 19933392,75015.03$5,095
Aug 19933122,95915.66$4,886
Jul 19931542,92615.46$2,381
Jun 19933432,85316.79$5,759
May 19933512,87517.68$6,206
Apr 19933492,73018.05$6,299
Mar 19931712,71918.14$3,102
Feb 19933522,46617.90$6,301
Jan 19933512,78016.93$5,942

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.

Nov 2002 — as filed, then multipliedworked
Oil                  227 bbl  × $ 24.66 =     $5,598
Casinghead gas     1,829 Mcf  × $  4.14 =     $7,567

────────────────────────────────────────────────────
Month total                                  $13,164

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/32414 is the state's own key, not one this site invented.