PARNELL

Operated by MODERN EXPLORATION, INC. (P-5 573226) 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.

Oil lease lease 31398District 09Field 65280200OilCasinghead gasSaveExport
Value, all time
$872 k
Aug 2008 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
214
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 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

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
OilDisposition6,162 bbl$441,252
Casinghead gasProduction105,903 Mcf$430,625
Total$871,877

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 33.5556, -97.5591. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.55557, -97.55907 · 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
8,057 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 8,057 ft.

Completions filed
Aug 2008
1 of 1 wells

1 well

42-3373404628,057 ftAug 2008

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 (214)

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

214 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 2020014157.252.09$295
Dec 2019014359.012.30$330
Nov 2019014755.302.75$404
Oct 2019010053.472.42$242
Sep 2019010055.052.66$266
Aug 2019015453.112.30$355
Jul 2019015756.272.46$386
Jun 201907652.782.49$189
May 2019015058.482.74$411
Apr 2019015262.632.75$418
Mar 2019015956.803.06$487
Feb 2019014450.852.79$402
Jan 2019015746.033.23$507
Dec 2018015046.594.19$628
Nov 2018013952.934.24$589
Oct 2018013861.443.40$469
Sep 2018012659.543.11$392
Aug 20180659.403.07$18
Jul 201803665.142.93$106
Jun 2018011360.183.08$348
May 2018010965.382.90$316
Apr 201809763.842.90$281
Mar 2018010361.222.79$287
Feb 201808861.782.77$243
Jan 201809462.874.01$377
Dec 201709957.272.92$289
Nov 2017010555.423.12$327
Oct 2017011249.292.98$334
Sep 2017011547.523.09$355
Aug 2017013345.373.00$400
Jul 2017017943.873.09$553
Jun 20170142.493.09$3
May 2017031345.373.26$1,021
Apr 2017036147.933.21$1,159
Mar 2017045946.772.98$1,370
Feb 2017046250.452.95$1,364
Jan 2017055349.413.42$1,891
Dec 2016066048.763.72$2,457
Nov 2016068442.492.64$1,809
Oct 2016080446.193.09$2,485
Sep 2016010041.553.10$310
Aug 20161741,44841.442.92$11,445
Jul 201601,34141.622.92$3,922
Jun 20161711,10445.352.69$10,720
May 201601,08942.521.99$2,168
Apr 20161691,48836.561.99$9,141
Mar 20161682,01933.011.79$9,168
Feb 2016053326.472.06$1,100
Jan 20160127.352.36$2
Dec 201519638732.362.00$7,117
Nov 201516750038.792.17$7,562
Oct 20151731,49743.552.43$11,167
Sep 20153271,06442.992.76$16,993
Aug 2015030040.162.87$862
Jul 201507648.152.95$224
Jun 201517130056.152.88$10,467
May 2015026855.212.96$792
Apr 2015033549.822.71$907
Mar 201517130042.892.93$8,215
Feb 2015039244.662.98$1,167
Jan 2015052343.433.10$1,622
Dec 201417566454.693.59$11,955
Nov 2014046070.464.25$1,956
Oct 2014095878.303.90$3,737
Sep 20141741,18686.164.05$19,790
Aug 20141761,04289.394.04$19,937
Jul 20141851,21996.564.18$22,959
Jun 201401,59998.164.74$7,574
May 20141711,89594.734.73$25,156
Apr 201401,68595.944.81$8,103
Mar 20141701,84195.895.06$25,611
Feb 20141801,84497.406.19$28,950
Jan 20141771,89790.404.86$25,222
Dec 20130091.824.35$0
Nov 2013167088.853.74$14,838
Oct 2013174097.423.78$16,951
Sep 20131760104.113.72$18,323
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 2013180094.403.93$3,241
May 2013063394.834.15$2,626
Apr 201317831493.964.28$18,070
Mar 2013023693.623.91$923
Feb 20130091.233.42$0
Jan 20130191.603.42$3
Dec 20120086.773.42$0
Nov 20120286.953.62$7
Oct 2012010489.383.40$354
Sep 20121651,33594.672.92$19,517
Aug 201201,39292.662.91$4,048
Jul 201201,59585.133.02$4,818
Jun 201202,12179.822.52$5,343
May 20125212,34491.612.49$53,561
Apr 20120652101.652.00$1,302
Mar 201200105.052.22$0
Feb 20120212101.102.57$545
Jan 2012042198.092.73$1,151
Dec 2011046996.873.24$1,519
Nov 2011048095.723.31$1,589
Oct 2011053284.983.65$1,941
Sep 2011054283.623.99$2,160
Aug 2011060983.404.15$2,527
Jul 2011065194.144.52$2,941
Jun 2011069192.904.64$3,206
May 2011077098.134.40$3,392
Apr 20110799105.964.33$3,462
Mar 20111687496.364.06$5,088
Feb 2011079485.644.18$3,319
Jan 20111695486.504.59$5,762
Dec 201001,03485.734.35$4,496
Nov 201001,12180.843.80$4,255
Oct 201001,27578.103.51$4,474
Sep 20100072.633.98$0
Aug 201001,54573.684.42$6,828
Jul 201001,82172.554.74$8,625
Jun 201002,01770.364.91$9,904
May 201002,59271.124.24$10,978
Apr 201003,28581.694.12$13,543
Mar 20103595,26578.394.39$51,248
Feb 20103642,37873.585.44$39,725
Jan 2010018474.365.96$1,097
Dec 2009020471.445.48$1,119
Nov 2009030874.593.75$1,155
Oct 2009037172.544.11$1,525
Sep 2009046865.543.06$1,434
Aug 2009067467.423.22$2,169
Jul 2009077561.133.46$2,685
Jun 2009073066.163.90$2,843
May 200901,16854.743.93$4,585
Apr 2009091246.773.59$3,272
Mar 200902,03442.144.06$8,256
Feb 200904,91632.814.63$22,776
Jan 20093552,37235.865.37$25,470
Dec 200802,39137.105.98$14,291
Nov 200802,99655.496.86$20,554
Oct 200803,36675.246.92$23,299
Sep 20083750101.767.88$38,160
Aug 200800114.228.48$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.

Jan 2020 — as filed, then multipliedworked
Oil                    0 bbl  × $ 57.25 =         $0
Casinghead gas       141 Mcf  × $  2.09 =       $295

────────────────────────────────────────────────────
Month total                                     $295

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/O/31398 is the state's own key, not one this site invented.