PARKER

Operated by MONTARE OPERATING, LTD. (P-5 577015) in the MARTIN (CONSOLIDATED) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 40321District 08Field 57774275Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$1.7 M
Jun 2010 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
192
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 118 leases and 585 wells, and the rule below applies to all of them.

Discovered
2000-11-20
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 10 acres. The field rule took effect on 2010-06-22.

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: UNIVERSITY WELL #1 (API #003-00649).

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
OilDisposition20,674 bbl$1,631,688
Casinghead gasProduction23,582 Mcf$81,847
Total$1,713,535

Wells on this lease (4)

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 32.1932, -102.7922. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

32.19311, -102.79305 · 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
25.0%
1 of 4 wells
With a plug date
25.0%
1 of 4 wells
Median depth
4,708 ft
1 wells filed one
Completion to plug
12.6 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
125.0%
A plug date is filed
125.0%
BothOn the schedule and plugged. Neither fact cancels the other.
125.0%
NeitherNo plug date, and not on the schedule.
375.0%

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 4,708 ft.

Completions filed
Aug 2012
1 of 4 wells; 3 filed none
Plug dates filed
Mar 2025
1 of 4 wells; 3 filed none

Last completion to plug: a median of 12.6 years across the 1 well that filed both dates, with the middle half between 12.6 years and 12.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

4 wells

42-003031901
42-003031912
42-003031923
42-00344297104,708 ftAug 2012Mar 2025Yes

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 (192)

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

192 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 2020158516.921.81$2,682
Apr 202004414.751.80$79
Mar 202005130.341.86$95
Feb 202003849.881.98$75
Jan 202005957.252.09$124
Dec 20190059.012.30$0
Nov 201905955.302.75$162
Oct 201905753.472.42$138
Sep 201906955.052.66$183
Aug 201906153.112.30$141
Jul 201904756.272.46$116
Jun 20191756252.782.49$9,391
May 201906258.482.74$170
Apr 201905362.632.75$146
Mar 20191814656.803.06$10,422
Feb 201904250.852.79$117
Jan 201904646.033.23$149
Dec 201805346.594.19$222
Nov 20181565352.934.24$8,482
Oct 201804461.443.40$150
Sep 20181514559.543.11$9,130
Aug 201804859.403.07$147
Jul 201804965.142.93$144
Jun 20181562060.183.08$9,450
May 201804465.382.90$128
Apr 20181564363.842.90$10,084
Mar 201804261.222.79$117
Feb 20181623561.782.77$10,105
Jan 201803662.874.01$144
Dec 201703557.272.92$102
Nov 20171503755.423.12$8,428
Oct 201704249.292.98$125
Sep 20171514247.523.09$7,305
Aug 201705545.373.00$165
Jul 20171465843.873.09$6,584
Jun 20171547642.493.09$6,778
May 2017010445.373.26$339
Apr 20171418947.933.21$7,044
Mar 20171576946.772.98$7,549
Feb 20171736050.452.95$8,905
Jan 201705549.413.42$188
Dec 20161635848.763.72$8,164
Nov 20161539942.492.64$6,763
Oct 201613612546.193.09$6,668
Sep 2016898141.553.10$3,949
Aug 2016968241.442.92$4,218
Jul 20167711541.622.92$3,541
Jun 2016758445.352.69$3,627
May 2016609142.521.99$2,732
Apr 20167910036.561.99$3,087
Mar 201618415533.011.79$6,352
Feb 201610216926.472.06$3,049
Jan 20169817027.352.36$3,082
Dec 201519618832.362.00$6,719
Nov 201510119238.792.17$4,334
Oct 201511718343.552.43$5,539
Sep 201523015542.992.76$10,315
Aug 201511522340.162.87$5,259
Jul 201510925048.152.95$5,985
Jun 201523224956.152.88$13,745
May 201511225055.212.96$6,922
Apr 201522024449.822.71$11,621
Mar 201512114742.892.93$5,621
Feb 201525817044.662.98$12,028
Jan 201511619243.433.10$5,633
Dec 201423522454.693.59$13,657
Nov 201420324370.464.25$15,337
Oct 201413829078.303.90$11,937
Sep 201425628786.164.05$23,218
Aug 201426224289.394.04$24,397
Jul 201423029896.564.18$23,454
Jun 201425014798.164.74$25,236
May 2014276094.734.73$26,145
Apr 201427220595.944.81$27,082
Mar 201428731595.895.06$29,113
Feb 201428931297.406.19$30,081
Jan 201429534090.404.86$28,321
Dec 201329744091.824.35$29,187
Nov 201329734288.853.74$27,667
Oct 201343137797.423.78$43,413
Sep 2013281446104.113.72$30,913
Aug 2013414354104.253.52$44,407
Jul 2013404331102.523.72$42,649
Jun 201343731094.403.93$42,472
May 201343742494.834.15$43,200
Apr 201348691193.964.28$49,566
Mar 201351067193.623.91$50,372
Feb 201344968891.233.42$43,315
Jan 20137501,20991.603.42$72,835
Dec 20128971,03086.773.42$81,355
Nov 20121,3031,70786.953.62$119,484
Oct 20121,3321,84089.383.40$125,310
Sep 20129701,50694.672.92$96,225
Aug 20129251,24092.662.91$89,317
Jul 201216726785.133.02$15,023
Jun 20120079.822.52$0
May 20120791.612.49$17
Apr 201216515101.652.00$16,802
Mar 2012016105.052.22$36
Feb 2012017101.102.57$44
Jan 201203298.092.73$87
Dec 201102496.873.24$78
Nov 20111541295.723.31$14,781
Oct 201104684.983.65$168
Sep 201104683.623.99$183
Aug 20111751283.404.15$14,645
Jul 201101894.144.52$81
Jun 201102892.904.64$130
May 201103598.134.40$154
Apr 2011034105.964.33$147
Mar 20111694296.364.06$16,455
Feb 201106785.644.18$280
Jan 201109086.504.59$413
Dec 20101733285.734.35$14,970
Nov 201002280.843.80$84
Oct 20101712178.103.51$13,429
Sep 201002172.633.98$84
Aug 201005273.684.42$230
Jul 20101784972.554.74$13,146
Jun 20101034170.364.91$7,448

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.

May 2020 — as filed, then multipliedworked
Oil                  158 bbl  × $ 16.92 =     $2,673
Casinghead gas         5 Mcf  × $  1.81 =         $9

────────────────────────────────────────────────────
Month total                                   $2,682

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/40321 is the state's own key, not one this site invented.