PARMER "1"

Operated by BASIN OIL & GAS OPERATING, LLC (P-5 54430) 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 42193District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$1.2 M
Aug 2011 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
178
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
OilDisposition13,564 bbl$1,136,931
Casinghead gasProduction13,633 Mcf$46,538
Total$1,183,469

Every month this lease reported (178)

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

178 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 2022104081.844.54$8,511
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 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 2018150059.543.11$8,931
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 2018161062.874.01$10,122
Dec 20170057.272.92$0
Nov 2017174055.423.12$9,643
Oct 20170049.292.98$0
Sep 2017165047.523.09$7,841
Aug 20170045.373.00$0
Jul 2017168043.873.09$7,370
Jun 20171042.493.09$42
May 2017169045.373.26$7,668
Apr 20173047.933.21$144
Mar 2017162046.772.98$7,577
Feb 20171050.452.95$50
Jan 20170049.413.42$0
Dec 2016172048.763.72$8,387
Nov 20160042.492.64$0
Oct 2016169046.193.09$7,806
Sep 20160041.553.10$0
Aug 2016184041.442.92$7,625
Jul 20160041.622.92$0
Jun 2016164045.352.69$7,437
May 20160042.521.99$0
Apr 2016168036.561.99$6,142
Mar 2016173033.011.79$5,711
Feb 2016184026.472.06$4,870
Jan 201633027.352.36$903
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 2015162056.152.88$9,096
May 20150055.212.96$0
Apr 2015168049.822.71$8,370
Mar 20150042.892.93$0
Feb 2015194044.662.98$8,664
Jan 2015021343.433.10$660
Dec 201418221154.693.59$10,711
Nov 2014018470.464.25$782
Oct 201432821678.303.90$26,525
Sep 2014015086.164.05$607
Aug 201415927489.394.04$15,319
Jul 201418515696.564.18$18,516
Jun 2014015098.164.74$711
May 201435915594.734.73$34,741
Apr 2014015095.944.81$721
Mar 2014015595.895.06$784
Feb 201415914197.406.19$16,360
Jan 201416126790.404.86$15,852
Dec 201316021791.824.35$15,636
Nov 2013021588.853.74$804
Oct 201316922797.423.78$17,322
Sep 2013325218104.113.72$34,646
Aug 2013322234104.253.52$34,393
Jul 20130217102.523.72$807
Jun 201332825094.403.93$31,947
May 2013028794.834.15$1,191
Apr 2013030393.964.28$1,298
Mar 201332428993.623.91$31,464
Feb 2013629091.233.42$1,539
Jan 201332331391.603.42$30,657
Dec 201232628886.773.42$29,272
Nov 2012030286.953.62$1,095
Oct 201233225189.383.40$30,527
Sep 201233021094.672.92$31,854
Aug 201216342592.662.91$16,340
Jul 201216627585.133.02$14,962
Jun 201233121079.822.52$26,949
May 201233923091.612.49$31,628
Apr 2012664461101.652.00$68,416
Mar 2012331679105.052.22$36,280
Feb 20129941,034101.102.57$103,151
Jan 20121,3771,30098.092.73$138,624
Dec 201133059196.873.24$33,882
Nov 20111,00758395.723.31$98,321
Oct 201135555284.983.65$32,182
Sep 2011042483.623.99$1,690
Aug 2011033683.404.15$1,394

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.

Jan 2022 — as filed, then multipliedworked
Oil                  104 bbl  × $ 81.84 =     $8,511
Casinghead gas         0 Mcf  × $  4.54 =         $0

────────────────────────────────────────────────────
Month total                                   $8,511

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/42193 is the state's own key, not one this site invented.