PARKER MINERALS 9

Operated by SHERIDAN PRODUCTION COMPANY, LLC (P-5 775854) in the MONAHANS DRAW (CANYON 8388) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 41756District 08Field 62426500Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$978 k
Jul 2011 – Aug 2018
Value, last 12 filed months
$0
at the published price for each month
Months reported
86
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 17 leases and 32 wells, and the rule below applies to all of them.

Discovered
1983-02-22
as the register files it
Field class
Oil
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 2011-03-22.

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: CORR.INTER COVERS FROM TOP OF WOLFCAMP TO BASE OF WOODFORD SHALE

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
OilDisposition11,196 bbl$947,206
Casinghead gasProduction9,134 Mcf$30,647
Total$977,854

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 31.8465, -102.5945. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.84645, -102.59449 · 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
0.0%
0 of 1 wells
Median depth
9,500 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
1100.0%
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

The one well that filed a depth was drilled to 9,500 ft.

Completions filed
Mar 2017
1 of 1 wells

1 well

42-1354120439,500 ftMar 2017Yes

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 (86)

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

86 months

Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 2016335733.011.79$1,192
Feb 20165711326.472.06$1,742
Jan 20167114727.352.36$2,289
Dec 2015688932.362.00$2,379
Nov 2015567838.792.17$2,341
Oct 2015456243.552.43$2,110
Sep 2015162942.992.76$768
Aug 20151029140.162.87$4,358
Jul 20151198448.152.95$5,977
Jun 201512825356.152.88$7,917
May 201514223155.212.96$8,523
Apr 201521730049.822.71$11,623
Mar 201523225342.892.93$10,693
Feb 201523519044.662.98$11,061
Jan 201514210243.433.10$6,483
Dec 201424813254.693.59$14,037
Nov 20142174170.464.25$15,464
Oct 20142085078.303.90$16,481
Sep 20141694886.164.05$14,755
Aug 20141989089.394.04$18,062
Jul 20141413596.564.18$13,761
Jun 20143098.164.74$294
May 201419012294.734.73$18,575
Apr 20142011895.944.81$19,371
Mar 2014230095.895.06$22,055
Feb 2014159097.406.19$15,487
Jan 2014168090.404.86$15,187
Dec 2013211091.824.35$19,374
Nov 2013220088.853.74$19,547
Oct 20132487697.423.78$24,447
Sep 2013215137104.113.72$22,893
Aug 2013208247104.253.52$22,554
Jul 2013302128102.523.72$31,437
Jun 201358823894.403.93$56,443
May 20137951,21694.834.15$80,435
Apr 201352228093.964.28$50,246
Mar 20135912593.623.91$6,013
Feb 2013526691.233.42$4,970
Jan 2013529991.603.42$5,102
Dec 20128113986.773.42$7,504
Nov 20128617686.953.62$8,116
Oct 20125315889.383.40$5,274
Sep 20128422694.672.92$8,612
Aug 201211319392.662.91$11,032
Jul 201210126085.133.02$9,384
Jun 201215420279.822.52$12,801
May 201215324791.612.49$14,631
Apr 2012201215101.652.00$20,861
Mar 2012248164105.052.22$26,417
Feb 2012278143101.102.57$28,473
Jan 201233420998.092.73$33,333
Dec 201124133996.873.24$24,444
Nov 20113443895.723.31$33,054
Oct 201144237184.983.65$38,915
Sep 201172463583.623.99$63,072
Aug 201126312583.404.15$22,453
Jul 2011296794.144.52$3,033

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.

Mar 2016 — as filed, then multipliedworked
Oil                   33 bbl  × $ 33.01 =     $1,089
Casinghead gas        57 Mcf  × $  1.79 =       $102

────────────────────────────────────────────────────
Month total                                   $1,192

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/41756 is the state's own key, not one this site invented.