PARMER 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 46241District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$4.1 M
Aug 2014 – May 2026
Value, last 12 filed months
$97 k
at the published price for each month
Months reported
142
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
OilDisposition71,959 bbl$4,079,735
Casinghead gasProduction5,139 Mcf$14,378
Total$4,094,112

Every month this lease reported (142)

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

142 months

May 202600106.413.05$0
Apr 2026158098.932.87$15,631
Mar 2026178089.753.15$15,976
Feb 20260063.503.75$0
Jan 2026172059.138.00$10,170
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 2025179059.383.30$10,629
Sep 2025186062.743.08$11,670
Aug 20250063.933.01$0
Jul 2025180066.743.32$12,013
Jun 2025319066.483.13$21,207
May 2025522060.553.23$31,607
Apr 2025345062.363.54$21,514
Mar 2025171067.704.27$11,577
Feb 2025194070.884.34$13,751
Jan 2025370074.324.28$27,498
Dec 2024183068.993.12$12,625
Nov 2024178069.052.20$12,291
Oct 20240071.372.28$0
Sep 2024187069.612.36$13,017
Aug 2024170075.632.06$12,857
Jul 20240079.932.15$0
Jun 2024173078.082.63$13,508
May 2024180078.812.20$14,186
Apr 2024183084.451.66$15,454
Mar 2024182080.301.55$14,615
Feb 2024173076.091.78$13,164
Jan 2024180073.023.30$13,144
Dec 2023371071.262.61$26,437
Nov 2023368077.892.81$28,664
Oct 2023361085.443.09$30,844
Sep 2023163089.042.74$14,514
Aug 20230080.522.67$0
Jul 2023153074.852.64$11,452
Jun 20230068.962.26$0
May 2023157070.622.23$11,087
Apr 20230078.122.24$0
Mar 2023307072.852.39$22,365
Feb 2023139075.112.47$10,440
Jan 20230076.533.39$0
Dec 202293076.415.73$7,106
Nov 20220085.005.65$0
Oct 2022208087.185.86$18,133
Sep 2022326084.888.16$27,671
Aug 2022464094.529.13$43,857
Jul 20222460101.587.54$24,989
Jun 20222060115.097.98$23,709
May 20221880109.378.43$20,562
Apr 20224340104.226.84$45,231
Mar 2022880108.885.08$9,581
Feb 2022300091.054.86$27,315
Jan 202228081.844.54$2,292
Dec 202189071.323.90$6,347
Nov 2021568077.435.24$43,980
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 202198066.024.22$6,470
Jul 2021118070.783.98$8,352
Jun 2021291069.493.38$20,222
May 2021171063.483.02$10,855
Apr 20212589960.362.76$15,846
Mar 2021039161.302.72$1,062
Feb 202125534057.805.55$16,625
Jan 202124446550.412.81$13,607
Dec 202031133444.642.68$14,777
Nov 202036543838.772.71$15,337
Oct 202002036.972.48$50
Sep 20209541937.091.99$4,358
Aug 2020050939.982.39$1,214
Jul 202017448138.371.83$7,554
Jun 2020022534.901.69$380
May 202018933116.921.81$3,799
Apr 202012916714.751.80$2,204
Mar 2020416030.341.86$12,621
Feb 2020771049.881.98$38,457
Jan 2020459057.252.09$26,278
Dec 2019274059.012.30$16,169
Nov 2019232055.302.75$12,830
Oct 2019283053.472.42$15,132
Sep 2019429055.052.66$23,616
Aug 2019392053.112.30$20,819
Jul 2019256056.272.46$14,405
Jun 2019239052.782.49$12,614
May 2019559058.482.74$32,690
Apr 2019281062.632.75$17,599
Mar 2019470056.803.06$26,696
Feb 2019412050.852.79$20,950
Jan 2019593046.033.23$27,296
Dec 2018705046.594.19$32,846
Nov 2018397052.934.24$21,013
Oct 2018457061.443.40$28,078
Sep 2018442059.543.11$26,317
Aug 2018507059.403.07$30,116
Jul 2018331065.142.93$21,561
Jun 2018327060.183.08$19,679
May 2018434065.382.90$28,375
Apr 2018436063.842.90$27,834
Mar 2018218061.222.79$13,346
Feb 2018223061.782.77$13,777
Jan 2018564062.874.01$35,459
Dec 2017230057.272.92$13,172
Nov 2017557055.423.12$30,869
Oct 2017467049.292.98$23,018
Sep 2017754047.523.09$35,830
Aug 2017502045.373.00$22,776
Jul 2017523043.873.09$22,944
Jun 2017636042.493.09$27,024
May 2017564045.373.26$25,589
Apr 2017723047.933.21$34,653
Mar 2017705046.772.98$32,973
Feb 2017719050.452.95$36,274
Jan 2017853049.413.42$42,147
Dec 2016846048.763.72$41,251
Nov 2016996042.492.64$42,320
Oct 20161,010046.193.09$46,652
Sep 2016864041.553.10$35,899
Aug 2016764041.442.92$31,660
Jul 20161,118041.622.92$46,531
Jun 20161,126045.352.69$51,064
May 2016769042.521.99$32,698
Apr 20161,066036.561.99$38,973
Mar 2016750033.011.79$24,758
Feb 2016831026.472.06$21,997
Jan 20161,230027.352.36$33,641
Dec 2015710032.362.00$22,976
Nov 20151,128038.792.17$43,755
Oct 2015901043.552.43$39,239
Sep 2015896042.992.76$38,519
Aug 20151,022040.162.87$41,044
Jul 2015968048.152.95$46,609
Jun 20151,014056.152.88$56,936
May 20151,285055.212.96$70,945
Apr 20151,070049.822.71$53,307
Mar 20151,608042.892.93$68,967
Feb 20151,313044.662.98$58,639
Jan 20152,36215543.433.10$103,062
Dec 20142,89215554.693.59$158,720
Nov 20145,03415070.464.25$355,333
Oct 20145,83115578.303.90$457,172
Sep 20141,49715086.164.05$129,588
Aug 2014015589.394.04$625

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 2026 — as filed, then multipliedworked
Oil                  158 bbl  × $ 98.93 =    $15,631
Casinghead gas         0 Mcf  × $  2.87 =         $0

────────────────────────────────────────────────────
Month total                                  $15,631

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/46241 is the state's own key, not one this site invented.