PARK SPRING

Operated by BYNG ENERGY GROUP, INC. (P-5 118732) in the NEWARK, EAST (BARNETT SHALE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 264025District 09Field 652802002 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.6 M
Apr 2011 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
182
no gaps in the span
Streams
2
condensate, 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 21,881 leases and 22,468 wells, and the rule below applies to all of them.

Discovered
1981-10-15
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 2009-09-29.

The Commission's schedule remark for this field reads: DESIGNATED AS UFT FIELD PER DOCKET 01-0299858

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas112012-07-10206560
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
CondensateDisposition13,262 bbl$1,174,404
GasProduction405,247 Mcf$1,418,876
Total$2,593,279

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 33.3947, -97.7841. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.39474, -97.78412 · 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
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
6,799 ft
1 wells filed one
Completion to plug
9.2 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
NeitherNo plug date, and not on the schedule.
00.0%

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 6,799 ft.

Completions filed
Apr 2011
1 of 1 wells
Plug dates filed
Jun 2020
1 of 1 wells

Last completion to plug: a median of 9.2 years across the 1 well that filed both dates, with the middle half between 9.2 years and 9.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-497372021 H6,799 ftApr 2011Jun 2020Yes

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 (182)

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

182 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 20220081.844.54$0
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 20180059.543.11$0
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 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 201704047.933.21$128
Mar 2017010046.772.98$298
Feb 2017013350.452.95$393
Jan 2017011049.413.42$376
Dec 201601248.763.72$45
Nov 20160042.492.64$0
Oct 201602246.193.09$68
Sep 20160041.553.10$0
Aug 201601,95841.442.92$5,726
Jul 20161861,81341.622.92$13,043
Jun 201602,76045.352.69$7,413
May 201601,59342.521.99$3,172
Apr 201602,49336.561.99$4,964
Mar 201601,69733.011.79$3,044
Feb 201601,54526.472.06$3,188
Jan 20161613,61327.352.36$12,946
Dec 201503,59032.362.00$7,185
Nov 201504,08538.792.17$8,854
Oct 20151794,62443.552.43$19,016
Sep 201502,94642.992.76$8,126
Aug 2015213,87540.162.87$11,974
Jul 201502,88448.152.95$8,494
Jun 20151744,40056.152.88$22,455
May 201503,75255.212.96$11,089
Apr 201502,96449.822.71$8,022
Mar 20151853,26642.892.93$17,519
Feb 201502,23344.662.98$6,646
Jan 201502,01643.433.10$6,251
Dec 20141203,17354.693.59$17,958
Nov 201404,01970.464.25$17,088
Oct 20141891,54078.303.90$20,806
Sep 201403,15986.164.05$12,780
Aug 2014734,53889.394.04$24,837
Jul 201401,62796.564.18$6,800
Jun 20141743,82398.164.74$35,189
May 201403,23594.734.73$15,290
Apr 201404,05695.944.81$19,506
Mar 20141633,73295.895.06$34,502
Feb 201404,19697.406.19$25,982
Jan 20141132,75890.404.86$23,621
Dec 201302,88291.824.35$12,550
Nov 20131193,23388.853.74$22,659
Oct 201304,00497.423.78$15,133
Sep 20131904,189104.113.72$35,355
Aug 20131516,169104.253.52$37,473
Jul 201304,383102.523.72$16,295
Jun 201305,37794.403.93$21,150
May 20131806,40094.834.15$43,624
Apr 201306,13893.964.28$26,287
Mar 20131717,12093.623.91$43,869
Feb 20131916,16391.233.42$38,502
Jan 20131377,44291.603.42$38,000
Dec 201205,90986.773.42$20,210
Nov 20121837,15186.953.62$41,834
Oct 20121768,12489.383.40$43,350
Sep 20121937,96494.672.92$41,513
Aug 201209,57692.662.91$27,849
Jul 20121663,66685.133.02$25,206
Jun 20121897,23879.822.52$33,319
May 201218710,15591.612.49$42,400
Apr 201218510,723101.652.00$40,217
Mar 201235612,824105.052.22$65,894
Feb 201217510,796101.102.57$45,441
Jan 201232410,75098.092.73$61,173
Dec 201155814,54796.873.24$101,182
Nov 201138316,48395.723.31$91,241
Oct 201157518,63684.983.65$116,858
Sep 201174618,63183.623.99$136,640
Aug 20111,15121,50183.404.15$185,208
Jul 20111,31024,84994.144.52$235,572
Jun 20112,57420,07292.904.64$332,256
May 20119543,77298.134.40$110,231
Apr 201100105.964.33$0

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 2017 — as filed, then multipliedworked
Condensate             0 bbl  × $ 47.93 =         $0
Gas                   40 Mcf  × $  3.21 =       $128

────────────────────────────────────────────────────
Month total                                     $128

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. 09/G/264025 is the state's own key, not one this site invented.