PARKER

Operated by TSAR ENERGY, LLC (P-5 872178) in the GARDEN CITY, S. (WOLFCAMP) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 50577District 08Field 33998500Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$3.1 M
Feb 2018 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
100
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 512 leases and 922 wells, and the rule below applies to all of them.

Discovered
1964-03-12
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 2014-05-22.

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: COMMINGLING FEE. GRANTED PER DOCKET #08-0287087.

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
OilDisposition50,197 bbl$3,070,152
Casinghead gasProduction19,051 Mcf$72,981
Total$3,143,133

Every month this lease reported (100)

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

100 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 2024177069.052.20$12,222
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 2024349078.812.20$27,505
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 2024197076.091.78$14,990
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 2023334085.443.09$28,537
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 2023366074.852.64$27,395
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 2023542072.852.39$39,485
Feb 20230075.112.47$0
Jan 2023037076.533.39$1,253
Dec 202236313776.415.73$28,522
Nov 202237251085.005.65$34,500
Oct 20223681,18887.185.86$39,048
Sep 20227181,34184.888.16$71,891
Aug 202271929194.529.13$70,616
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 20220103109.378.43$869
Apr 2022757230104.226.84$80,467
Mar 2022360728108.885.08$42,892
Feb 2022350091.054.86$31,868
Jan 2022384081.844.54$31,427
Dec 2021019971.323.90$776
Nov 202137058377.435.24$31,702
Oct 20211,05376479.795.71$88,384
Sep 20216971,01869.865.35$54,140
Aug 20216588166.024.22$43,783
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20211,05541163.483.02$68,212
Apr 202136866960.362.76$24,058
Mar 20211,4591,09061.302.72$92,398
Feb 2021038257.805.55$2,119
Jan 20211,0931,06150.412.81$58,080
Dec 202070831244.642.68$32,440
Nov 20201,42287838.772.71$57,507
Oct 2020068036.972.48$1,685
Sep 202031838437.091.99$12,559
Aug 202036572139.982.39$16,312
Jul 20201791,10838.371.83$8,890
Jun 20201,0141,07334.901.69$37,202
May 20201631,00316.921.81$4,578
Apr 202035285814.751.80$6,740
Mar 202052179630.341.86$17,285
Feb 20205358249.881.98$26,848
Jan 2020849057.252.09$48,605
Dec 2019523059.012.30$30,862
Nov 2019873055.302.75$48,277
Oct 2019669053.472.42$35,771
Sep 2019843055.052.66$46,407
Aug 2019862053.112.30$45,781
Jul 20191,221056.272.46$68,706
Jun 2019856052.782.49$45,180
May 20191,512058.482.74$88,422
Apr 2019689062.632.75$43,152
Mar 20191,366056.803.06$77,589
Feb 2019720050.852.79$36,612
Jan 2019355046.033.23$16,341
Dec 20181,041046.594.19$48,500
Nov 2018672052.934.24$35,569
Oct 20181,376061.443.40$84,541
Sep 20181,042059.543.11$62,041
Aug 20181,710059.403.07$101,574
Jul 20182,441065.142.93$159,007
Jun 20187060.183.08$421
May 20183,436065.382.90$224,646
Apr 20182,973063.842.90$189,796
Mar 20183,746061.222.79$229,330
Feb 20181,729061.782.77$106,818

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.

Nov 2024 — as filed, then multipliedworked
Oil                  177 bbl  × $ 69.05 =    $12,222
Casinghead gas         0 Mcf  × $  2.20 =         $0

────────────────────────────────────────────────────
Month total                                  $12,222

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/50577 is the state's own key, not one this site invented.