TREES 13

Operated by PARSLEY ENERGY OPERATIONS, LLC (P-5 642652) in the PHANTOM (WOLFCAMP) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 43886District 08Field 71052900Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$1.2 M
Jun 2012 – Jun 2018
Value, last 12 filed months
$0
at the published price for each month
Months reported
73
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 7,755 leases and 10,539 wells, and the rule below applies to all of them.

Discovered
1983-06-23
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 20 acres. The field rule took effect on 2017-08-01.

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: FOR THE FOLLOWING API 389-37515.

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
OilDisposition16,020 bbl$1,188,367
Casinghead gasProduction17,700 Mcf$55,907
Total$1,244,274

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 31.3299, -103.0339. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.32985, -103.03391 · 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
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
10,577 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
00.0%
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.
1100.0%

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 10,577 ft.

Completions filed
Jun 2012
1 of 1 wells

1 well

42-371376971H10,577 ftJun 2012

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 (73)

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

73 months

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 201638012748.763.72$19,002
Nov 201616912442.492.64$7,509
Oct 201616615446.193.09$8,143
Sep 201616816641.553.10$7,495
Aug 201616948141.442.92$8,410
Jul 201633549741.622.92$15,396
Jun 201616748445.352.69$8,873
May 201616948242.521.99$8,146
Apr 201616948536.561.99$7,144
Mar 201634049133.011.79$12,104
Feb 201616949726.472.06$5,499
Jan 201632948427.352.36$10,143
Dec 201533649332.362.00$11,860
Nov 201516246638.792.17$7,294
Oct 201515957043.552.43$8,308
Sep 201516220142.992.76$7,519
Aug 201516120940.162.87$7,066
Jul 201516420248.152.95$8,492
Jun 201532523156.152.88$18,915
May 201532525255.212.96$18,688
Apr 201516521549.822.71$8,802
Mar 201531462842.892.93$15,310
Feb 201537472144.662.98$18,849
Jan 201517955543.433.10$9,495
Dec 201419225754.693.59$11,423
Nov 201419327270.464.25$14,755
Oct 201419325878.303.90$16,118
Sep 201438732486.164.05$34,655
Aug 201419325489.394.04$18,277
Jul 201418925096.564.18$19,295
Jun 201419518698.164.74$20,022
May 201419621294.734.73$19,569
Apr 201438518895.944.81$37,841
Mar 201417519495.895.06$17,762
Feb 201436127297.406.19$36,846
Jan 201418916790.404.86$17,897
Dec 201330116291.824.35$28,343
Nov 201323517488.853.74$21,530
Oct 201332021297.423.78$31,976
Sep 2013329230104.113.72$35,107
Aug 2013322215104.253.52$34,326
Jul 2013230229102.523.72$24,431
Jun 201329625094.403.93$28,926
May 201338721994.834.15$37,608
Apr 201348016693.964.28$45,812
Mar 201319620493.623.91$19,148
Feb 201324919891.233.42$23,393
Jan 201338725491.603.42$36,318
Dec 201244438486.773.42$39,839
Nov 201266236686.953.62$58,888
Oct 201256930789.383.40$51,901
Sep 201235445194.672.92$34,829
Aug 201286663592.662.91$82,090
Jul 201293198985.133.02$82,244
Jun 201258679.822.52$4,645

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.

Dec 2016 — as filed, then multipliedworked
Oil                  380 bbl  × $ 48.76 =    $18,529
Casinghead gas       127 Mcf  × $  3.72 =       $473

────────────────────────────────────────────────────
Month total                                  $19,002

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/43886 is the state's own key, not one this site invented.