PARKER MINERALS, LTD., ET AL

Operated by NEG OPERATING LLC (P-5 602995) in the GOLDSMITH (5600) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 37544District 08Field 35652868Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$3.1 M
Mar 2005 – Apr 2007
Value, last 12 filed months
$1.4 M
at the published price for each month
Months reported
26
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 157 leases and 1,575 wells, and the rule below applies to all of them.

Discovered
1947-10-26
as the register files it
Field class
Oil and gas
the register's own label
Between wells
850 ft
minimum
From a lease line
555 ft
minimum

A drilling unit in this field needs at least 20 acres.

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 THE GOLDSMITH (CLEAR FORK) FIELD.

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
OilDisposition45,626 bbl$2,769,058
Casinghead gasProduction49,247 Mcf$377,015
Total$3,146,073

Wells on this lease (10)

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 31.8497, -102.6536. A lease has no coordinate of its own — that point is the mean of its wells, and they span 2.0 miles.

31.84403, -102.65365 · 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%
10 of 10 wells
With a plug date
0.0%
0 of 10 wells
Median depth
6,212 ft
10 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
10100.0%
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

Total depth in feet, 10 of 10 wells. Median 6,212 ft, with the middle half between 6,137 and 6,219 ft; the shallowest is 6,105 ft and the deepest 8,800 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

When they were last completed

Last completion by decade, 10 of 10 wells, Nov 2005 – Jul 2017. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Nov 2005 – Jul 2017
10 of 10 wells

10 wells

42-1353892548046,105 ftJul 2017Yes
42-1353896348056,204 ftOct 2014Yes
42-1353897548066,216 ftAug 2014Yes
42-1353897448076,218 ftJun 2009Yes
42-1353892748026,108 ftJun 2009Yes
42-1353877848018,800 ftOct 2007Yes
42-1353913911016,219 ftOct 2006Yes
42-135389922026,208 ftMar 2006Yes
42-1353892648036,115 ftDec 2005Yes
42-135388902018,712 ftNov 2005Yes

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 (26)

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

26 months

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 20062,8083,74854.906.01$176,699
Sep 20062,8764,04160.085.04$193,145
Aug 20062,8004,30668.717.34$223,994
Jul 20063,1683,12769.376.34$239,598
Jun 20063,5144,04866.286.38$258,750
May 20063,6694,19666.016.42$269,150
Apr 20064,9004,97264.397.36$352,107
Mar 20065,7185,16356.707.08$360,780
Feb 20062,6291,82457.597.75$165,542
Jan 20061,0981,75660.598.93$82,215
Dec 20053,14461354.9413.42$180,955
Nov 20051,0821,97054.6910.59$80,034
Oct 20051,0661,44458.3413.80$82,112
Sep 20051,4382,24861.4512.08$115,519
Aug 20051,4132,73161.519.80$113,669
Jul 20051,7233,00555.697.84$119,524
Jun 20051,9265552.337.38$101,194
May 2005360045.226.65$16,279
Apr 20050049.207.36$0
Mar 2005294050.377.15$14,809

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.

Oct 2006 — as filed, then multipliedworked
Oil                2,808 bbl  × $ 54.90 =   $154,159
Casinghead gas     3,748 Mcf  × $  6.01 =    $22,540

────────────────────────────────────────────────────
Month total                                 $176,699

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/37544 is the state's own key, not one this site invented.