PARMER '1-317'

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 43148District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$964 k
Jul 2012 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
167
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
OilDisposition12,475 bbl$932,340
Casinghead gasProduction8,469 Mcf$32,095
Total$964,435

Every month this lease reported (167)

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

167 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 2024161084.451.66$13,596
Mar 2024181080.301.55$14,534
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 2022160087.185.86$13,949
Sep 20220084.888.16$0
Aug 2022155094.529.13$14,651
Jul 202200101.587.54$0
Jun 20221570115.097.98$18,069
May 20222850109.378.43$31,170
Apr 20222480104.226.84$25,847
Mar 2022760108.885.08$8,275
Feb 2022677091.054.86$61,641
Jan 2022124081.844.54$10,148
Dec 2021180071.323.90$12,838
Nov 20210077.435.24$0
Oct 2021343079.795.71$27,368
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 202103770.783.98$147
Jun 202102669.493.38$88
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 2021169057.805.55$9,768
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200338.772.71$8
Oct 20201551236.972.48$5,760
Sep 20200037.091.99$0
Aug 202001839.982.39$43
Jul 20203363538.371.83$12,956
Jun 202005134.901.69$86
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 2020176030.341.86$5,340
Feb 202085049.881.98$4,240
Jan 2020192057.252.09$10,992
Dec 201937059.012.30$2,183
Nov 2019161055.302.75$8,903
Oct 20190053.472.42$0
Sep 2019174055.052.66$9,579
Aug 20194053.112.30$212
Jul 2019168056.272.46$9,453
Jun 20196052.782.49$317
May 2019157058.482.74$9,181
Apr 20190062.632.75$0
Mar 2019121056.803.06$6,873
Feb 20190050.852.79$0
Jan 2019115046.033.23$5,293
Dec 20180046.594.19$0
Nov 2018103052.934.24$5,452
Oct 20180061.443.40$0
Sep 2018136059.543.11$8,097
Aug 2018120059.403.07$7,128
Jul 2018115065.142.93$7,491
Jun 20180060.183.08$0
May 201875065.382.90$4,904
Apr 201861063.842.90$3,894
Mar 201843261.222.79$2,638
Feb 20182523361.782.77$15,660
Jan 2018991562.874.01$6,284
Dec 201701557.272.92$44
Nov 2017981855.423.12$5,487
Oct 2017932049.292.98$4,644
Sep 2017893047.523.09$4,322
Aug 201783345.373.00$3,775
Jul 201784043.873.09$3,685
Jun 20170042.493.09$0
May 2017102045.373.26$4,628
Apr 20178347.933.21$393
Mar 201757646.772.98$2,684
Feb 201761250.452.95$3,083
Jan 201763949.413.42$3,144
Dec 2016561548.763.72$2,786
Nov 2016572042.492.64$2,475
Oct 201662046.193.09$2,864
Sep 2016711141.553.10$2,984
Aug 201682041.442.92$3,398
Jul 2016698341.622.92$3,115
Jun 2016746445.352.69$3,528
May 2016674542.521.99$2,938
Apr 2016627236.561.99$2,410
Mar 2016702733.011.79$2,359
Feb 2016641326.472.06$1,721
Jan 201660027.352.36$1,641
Dec 201551032.362.00$1,650
Nov 201563038.792.17$2,444
Oct 201534043.552.43$1,481
Sep 20150042.992.76$0
Aug 201522040.162.87$884
Jul 201546048.152.95$2,215
Jun 201542056.152.88$2,358
May 201519055.212.96$1,049
Apr 201520149.822.71$999
Mar 2015521542.892.93$2,274
Feb 201555744.662.98$2,477
Jan 2015126043.433.10$5,472
Dec 2014107054.693.59$5,852
Nov 201436070.464.25$2,537
Oct 2014169078.303.90$13,233
Sep 201402086.164.05$81
Aug 2014493789.394.04$4,529
Jul 2014848896.564.18$8,479
Jun 20144613998.164.74$5,174
May 201410514494.734.73$10,627
Apr 201443321695.944.81$42,581
Mar 2014030095.895.06$1,517
Feb 201421433397.406.19$22,906
Jan 201422323890.404.86$21,316
Dec 201312125291.824.35$12,208
Nov 201319530688.853.74$18,470
Oct 201316835497.423.78$17,704
Sep 2013158322104.113.72$17,646
Aug 2013303306104.253.52$32,666
Jul 2013335344102.523.72$35,623
Jun 201333836294.403.93$33,331
May 2013033294.834.15$1,377
Apr 201333333993.964.28$32,740
Mar 2013028793.623.91$1,123
Feb 201367847591.233.42$63,478
Jan 2013023191.603.42$790
Dec 201217123086.773.42$15,624
Nov 201234035086.953.62$30,832
Oct 2012080189.383.40$2,723
Sep 2012045694.672.92$1,331
Aug 2012026692.662.91$774
Jul 2012023085.133.02$695

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.

Apr 2024 — as filed, then multipliedworked
Oil                  161 bbl  × $ 84.45 =    $13,596
Casinghead gas         0 Mcf  × $  1.66 =         $0

────────────────────────────────────────────────────
Month total                                  $13,596

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/43148 is the state's own key, not one this site invented.