THANKSGIVING

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 35407District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$1.9 M
May 1997 – Jun 2015
Value, last 12 filed months
$0
at the published price for each month
Months reported
218
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
OilDisposition38,219 bbl$1,243,173
Casinghead gasProduction134,186 Mcf$619,801
Total$1,862,974

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 32.0397, -101.8684. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.03971, -101.86844 · 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
11,985 ft
1 wells filed one
Completion to plug
15.3 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 11,985 ft.

Completions filed
May 1997
1 of 1 wells
Plug dates filed
Sep 2012
1 of 1 wells

Last completion to plug: a median of 15.3 years across the 1 well that filed both dates, with the middle half between 15.3 years and 15.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-32931550111,985 ftMay 1997Sep 2012Yes

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 (218)

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

218 months

Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 2011167083.623.99$13,965
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110792.904.64$32
May 20110598.134.40$22
Apr 201104105.964.33$17
Mar 20110696.364.06$24
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 201007285.734.35$313
Nov 201016911780.843.80$14,106
Oct 2010013778.103.51$481
Sep 2010011472.633.98$454
Aug 201016419773.684.42$12,954
Jul 201008872.554.74$417
Jun 2010014670.364.91$717
May 2010018271.124.24$771
Apr 201016341681.694.12$15,031
Mar 2010027378.394.39$1,198
Feb 201016636273.585.44$14,184
Jan 2010043274.365.96$2,576
Dec 200917051471.445.48$14,963
Nov 200916249774.593.75$13,948
Oct 200916749372.544.11$14,141
Sep 2009048765.543.06$1,493
Aug 200916251467.423.22$12,576
Jul 200915953861.133.46$11,584
Jun 2009035566.163.90$1,383
May 200915043754.743.93$9,927
Apr 200915943746.773.59$9,004
Mar 200916450542.144.06$8,961
Feb 2009044332.814.63$2,052
Jan 200917155035.865.37$9,086
Dec 200816154737.105.98$9,243
Nov 200817852055.496.86$13,445
Oct 200817554175.246.92$16,912
Sep 20080533101.767.88$4,198
Aug 2008171557114.228.48$24,257
Jul 2008180504131.0811.39$29,335
Jun 2008176316131.3313.03$27,232
May 2008191336123.1711.57$27,414
Apr 20081527110.3110.45$5,620
Mar 2008186559101.909.66$24,356
Feb 200817752092.538.77$20,939
Jan 200818257390.388.21$21,151
Dec 200717158588.337.30$19,376
Nov 200717656791.677.29$20,268
Oct 200734750082.856.92$32,210
Sep 2007954175.846.24$4,061
Aug 200717638469.066.39$14,608
Jul 2007228670.906.39$1,969
Jun 200718652862.007.55$15,518
May 200717943058.747.85$13,888
Apr 200717313059.617.81$11,327
Mar 2007036656.927.30$2,673
Feb 200717630155.108.22$12,171
Jan 200717737150.306.73$11,399
Dec 200617937256.656.92$12,714
Nov 2006933554.207.62$3,040
Oct 200619132454.906.01$12,434
Sep 200617426460.085.04$11,784
Aug 200617430868.717.34$14,216
Jul 2006315069.376.34$1,160
Jun 2006911066.286.38$1,299
May 200617423266.016.42$12,976
Apr 200618729764.397.36$14,227
Mar 2006518856.707.08$1,615
Feb 2006332057.597.75$2,653
Jan 200617734860.598.93$13,833
Dec 2005238854.9413.42$5,315
Nov 200517340654.6910.59$13,760
Oct 2005225458.3413.80$3,621
Sep 200517634761.4512.08$15,007
Aug 200517454761.519.80$16,062
Jul 2005034655.697.84$2,714
Jun 2005073352.337.38$5,410
May 20053511,00745.226.65$22,570
Apr 2005080049.207.36$5,888
Mar 20051761,10950.377.15$16,800
Feb 200517399145.226.31$14,078
Jan 20051821,10243.166.32$14,822
Dec 20041721,14039.866.75$14,552
Nov 20043491,02145.286.33$22,266
Oct 20041641,13049.706.52$15,513
Sep 2004090043.245.28$4,756
Aug 200454180842.375.55$27,407
Jul 200431,16938.286.08$7,227
Jun 2004338536.106.43$2,585
May 200416880637.486.49$11,531
Apr 20043341,03134.475.86$17,553
Mar 20043401034.365.53$11,738
Feb 200417427632.455.51$7,167
Jan 20041901,23932.036.30$13,891
Dec 20033521,14530.266.30$17,867
Nov 200301,14628.804.60$5,266
Oct 20033461,18928.174.76$15,406
Sep 200311,14626.314.75$5,469
Aug 20033411,18729.765.13$16,237
Jul 20035291,21229.415.17$21,825
Jun 2003101,17828.565.98$7,334
May 20031721,27426.595.97$12,183
Apr 20033501,25326.675.41$16,110
Mar 20033651,26831.146.10$19,096
Feb 200321,04133.487.93$8,318
Jan 20031861,31830.315.58$12,995
Dec 20023521,10026.914.85$14,811
Nov 200231,24024.664.14$5,204
Oct 20023331,32226.464.23$14,402
Sep 200261,24127.443.64$4,676
Aug 20023401,28025.963.16$12,877
Jul 20023561,21124.583.06$12,458
Jun 2002362523.733.34$2,158
May 20023521,49224.663.58$14,028
Apr 20021721,37523.653.51$8,897
Mar 200201,49122.003.10$4,626
Feb 20023501,37018.222.38$9,632
Jan 200201,26517.172.38$3,005
Dec 20015611,49116.932.36$13,023
Nov 200101,48918.072.41$3,582
Oct 200118565719.782.53$5,321
Sep 20013531,12624.262.25$11,099
Aug 20011801,43924.873.05$8,870
Jul 20013651,42923.933.20$13,303
Jun 20015411,42524.563.82$18,736
May 200101,40225.524.31$6,039
Apr 20011841,44024.685.34$12,224
Mar 20013711,55824.545.38$17,481
Feb 20013681,42327.755.77$18,419
Jan 20013671,57227.478.40$23,284
Dec 20001801,53426.889.12$18,832
Nov 20001831,47532.215.66$14,240
Oct 20001861,55431.235.15$13,805
Sep 20003691,42631.875.19$19,156
Aug 20001781,18729.644.54$10,666
Jul 200036998028.534.09$14,536
Jun 200036092329.304.40$14,607
May 20001821,19727.263.68$9,366
Apr 20005511,28124.513.12$17,497
Mar 20003641,33628.422.86$14,166
Feb 20003691,15527.622.73$13,341
Jan 200001,22725.272.48$3,044
Dec 19993601,14624.282.42$11,518
Nov 19997341,17723.192.43$19,886
Oct 199901,04320.982.80$2,924
Sep 19993601,27821.752.62$11,177
Aug 19993691,35319.262.88$10,998
Jul 19993631,22117.892.37$9,391
Jun 19993611,12515.942.36$8,412
May 19997331,22715.792.32$14,422
Apr 199911,13415.102.21$2,519
Mar 19997371,04412.471.84$11,110
Feb 199901,2229.981.82$2,221
Jan 19997331,24410.381.90$9,972
Dec 19983671,2519.201.77$5,595
Nov 19981901,34210.892.19$5,002
Oct 19987191,23512.421.97$11,362
Sep 19983611,18512.592.08$7,013
Aug 19983661,15211.301.91$6,333
Jul 19983591,18511.742.24$6,866
Jun 199871997111.242.24$10,254
May 19983641,29512.622.21$7,451
Apr 199836399313.042.51$7,221
Mar 199837091512.802.31$6,849
Feb 199871476713.952.30$11,724
Jan 199833780914.702.15$6,697
Dec 199769767716.322.41$13,007
Nov 199768090818.193.09$15,173
Oct 19973471,34519.253.15$10,916
Sep 199769589817.742.95$14,983
Aug 199734887217.862.55$8,443
Jul 199770736617.582.25$13,251
Jun 19972,1038417.242.26$36,445
May 199708418.972.31$194

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 2011 — as filed, then multipliedworked
Oil                  167 bbl  × $ 83.62 =    $13,965
Casinghead gas         0 Mcf  × $  3.99 =         $0

────────────────────────────────────────────────────
Month total                                  $13,965

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/35407 is the state's own key, not one this site invented.