DRIVER

Operated by PARKER & PARSLEY DEVELOPMENT L.P (P-5 640886) 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 33777District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$160 k
Mar 1993 – Feb 1997
Value, last 12 filed months
$4 k
at the published price for each month
Months reported
48
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.

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
OilDisposition10,006 bbl$159,845
Casinghead gasProduction20,649 Mcf$0
Total$159,845

20,649 Mcf of this lease's gas, across 35 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 31.7975, -101.8271. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.79754, -101.82713 · 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
11,750 ft
1 wells filed one
Completion to plug
21.3 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 11,750 ft.

Completions filed
Nov 1996
1 of 1 wells
Plug dates filed
Mar 2018
1 of 1 wells

Last completion to plug: a median of 21.3 years across the 1 well that filed both dates, with the middle half between 21.3 years and 21.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-32930110111,750 ftNov 1996Mar 2018Yes

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 (48)

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

48 months

Feb 19970020.492.21$0
Jan 19970023.483.54$0
Dec 19960023.32$0
Nov 19960021.97$0
Oct 19960023.31$0
Sep 199698022.22$2,178
Aug 19960020.26$0
Jul 19960019.55$0
Jun 19960018.73$0
May 199693019.43$1,807
Apr 19960021.51$0
Mar 19960019.38$0
Feb 19960016.98$0
Jan 199608117.07$0
Dec 199518631717.19$3,197
Nov 199536636816.00$5,856
Oct 199518140915.43$2,793
Sep 199517747316.18$2,864
Aug 199517944215.92$2,850
Jul 199535865015.24$5,456
Jun 199518257416.41$2,987
May 199517653617.56$3,091
Apr 199518152217.73$3,209
Mar 199518454916.44$3,025
Feb 199517938616.58$2,968
Jan 199536742815.92$5,843
Dec 199418262215.03$2,735
Nov 199418540615.90$2,942
Oct 199437062815.58$5,765
Sep 199417765615.29$2,706
Aug 199418362216.13$2,952
Jul 199418633917.56$3,266
Jun 199417736117.09$3,025
May 199436250915.88$5,749
Apr 199436222714.14$5,119
Mar 1994018212.46$0
Feb 199436456812.50$4,550
Jan 199436756712.66$4,646
Dec 199318737212.33$2,306
Nov 199337093114.49$5,361
Oct 199336778315.85$5,817
Sep 199335499815.03$5,321
Aug 19935331,28415.66$8,347
Jul 19933631,30815.46$5,612
Jun 199354783516.79$9,184
May 199336438317.68$6,436
Apr 19935531,05318.05$9,982
Mar 19935461,28018.14$9,904

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.

Sep 1996 — as filed, then multipliedworked
Oil                   98 bbl  × $ 22.22 =     $2,178
Casinghead gas         0 Mcf  ×  no price            —

────────────────────────────────────────────────────
Month total                                   $2,178

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/33777 is the state's own key, not one this site invented.