PARAMOUNT

Operated by LIQUID PETROLEUM RESOURCES, INC. (P-5 502771) in the PANHANDLE, WEST field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 218802District 10Field 68831001GasSaveExport
Value, all time
$443 k
May 2006 – May 2023
Value, last 12 filed months
$0
at the published price for each month
Months reported
205
no gaps in the span
Streams
1
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 4,532 leases and 4,532 wells, and the rule below applies to all of them.

Discovered
1933-02-08
as the register files it
Field class
Gas
the register's own label
Between wells
660 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 160 acres. The field rule took effect on 2013-11-12.

The Commission's schedule remark for this field reads: IS HEREBY SUSPENDED.

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
GasProduction70,894 Mcf$443,201
Total$443,201

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 35.7068, -101.5352. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.70678, -101.53516 · 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
2,700 ft
1 wells filed one
Completion to plug
17.0 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 2,700 ft.

Completions filed
May 2006
1 of 1 wells
Plug dates filed
May 2023
1 of 1 wells

Last completion to plug: a median of 17.0 years across the 1 well that filed both dates, with the middle half between 17.0 years and 17.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-233330612R2,700 ftMay 2006May 2023Yes

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 (205)

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

205 months

May 2023070.622.23$0
Apr 2023078.122.24$0
Mar 2023072.852.39$0
Feb 2023075.112.47$0
Jan 2023076.533.39$0
Dec 2022076.415.73$0
Nov 2022085.005.65$0
Oct 2022087.185.86$0
Sep 2022084.888.16$0
Aug 2022094.529.13$0
Jul 20220101.587.54$0
Jun 20220115.097.98$0
May 20220109.378.43$0
Apr 20220104.226.84$0
Mar 20220108.885.08$0
Feb 2022091.054.86$0
Jan 2022081.844.54$0
Dec 2021071.323.90$0
Nov 2021077.435.24$0
Oct 2021079.795.71$0
Sep 2021069.865.35$0
Aug 2021066.024.22$0
Jul 2021070.783.98$0
Jun 2021069.493.38$0
May 2021063.483.02$0
Apr 2021060.362.76$0
Mar 2021061.302.72$0
Feb 2021057.805.55$0
Jan 2021050.412.81$0
Dec 2020044.642.68$0
Nov 2020038.772.71$0
Oct 2020036.972.48$0
Sep 2020037.091.99$0
Aug 2020039.982.39$0
Jul 2020038.371.83$0
Jun 2020034.901.69$0
May 2020016.921.81$0
Apr 2020014.751.80$0
Mar 2020030.341.86$0
Feb 2020049.881.98$0
Jan 2020057.252.09$0
Dec 2019059.012.30$0
Nov 2019055.302.75$0
Oct 2019053.472.42$0
Sep 2019055.052.66$0
Aug 2019053.112.30$0
Jul 2019056.272.46$0
Jun 2019052.782.49$0
May 2019058.482.74$0
Apr 2019062.632.75$0
Mar 2019056.803.06$0
Feb 2019050.852.79$0
Jan 2019046.033.23$0
Dec 2018046.594.19$0
Nov 2018052.934.24$0
Oct 2018061.443.40$0
Sep 2018059.543.11$0
Aug 2018059.403.07$0
Jul 2018065.142.93$0
Jun 2018060.183.08$0
May 2018065.382.90$0
Apr 2018063.842.90$0
Mar 2018061.222.79$0
Feb 2018061.782.77$0
Jan 2018062.874.01$0
Dec 2017057.272.92$0
Nov 2017055.423.12$0
Oct 2017049.292.98$0
Sep 2017047.523.09$0
Aug 2017045.373.00$0
Jul 2017043.873.09$0
Jun 2017042.493.09$0
May 2017045.373.26$0
Apr 2017047.933.21$0
Mar 2017046.772.98$0
Feb 2017050.452.95$0
Jan 2017049.413.42$0
Dec 2016048.763.72$0
Nov 2016042.492.64$0
Oct 2016046.193.09$0
Sep 2016041.553.10$0
Aug 2016041.442.92$0
Jul 2016041.622.92$0
Jun 2016045.352.69$0
May 2016042.521.99$0
Apr 2016036.561.99$0
Mar 2016033.011.79$0
Feb 2016026.472.06$0
Jan 2016027.352.36$0
Dec 2015032.362.00$0
Nov 2015038.792.17$0
Oct 2015043.552.43$0
Sep 2015042.992.76$0
Aug 2015040.162.87$0
Jul 2015048.152.95$0
Jun 2015056.152.88$0
May 2015055.212.96$0
Apr 2015049.822.71$0
Mar 2015042.892.93$0
Feb 2015044.662.98$0
Jan 2015043.433.10$0
Dec 2014054.693.59$0
Nov 2014070.464.25$0
Oct 2014078.303.90$0
Sep 2014086.164.05$0
Aug 2014089.394.04$0
Jul 2014096.564.18$0
Jun 2014098.164.74$0
May 2014094.734.73$0
Apr 2014095.944.81$0
Mar 2014095.895.06$0
Feb 2014097.406.19$0
Jan 2014090.404.86$0
Dec 2013091.824.35$0
Nov 2013088.853.74$0
Oct 2013097.423.78$0
Sep 20130104.113.72$0
Aug 20130104.253.52$0
Jul 20130102.523.72$0
Jun 2013094.403.93$0
May 2013094.834.15$0
Apr 2013093.964.28$0
Mar 2013093.623.91$0
Feb 2013091.233.42$0
Jan 2013091.603.42$0
Dec 2012086.773.42$0
Nov 2012086.953.62$0
Oct 2012089.383.40$0
Sep 2012094.672.92$0
Aug 2012092.662.91$0
Jul 2012085.133.02$0
Jun 2012079.822.52$0
May 2012091.612.49$0
Apr 20120101.652.00$0
Mar 20120105.052.22$0
Feb 20120101.102.57$0
Jan 2012098.092.73$0
Dec 2011496.873.24$13
Nov 2011095.723.31$0
Oct 2011084.983.65$0
Sep 201146483.623.99$1,849
Aug 201187383.404.15$3,622
Jul 201189094.144.52$4,020
Jun 201182092.904.64$3,805
May 201192198.134.40$4,057
Apr 2011433105.964.33$1,876
Mar 201195296.364.06$3,863
Feb 201176885.644.18$3,210
Jan 201192286.504.59$4,231
Dec 201092885.734.35$4,035
Nov 201081680.843.80$3,097
Oct 201091578.103.51$3,211
Sep 201096472.633.98$3,836
Aug 201086273.684.42$3,809
Jul 201061072.554.74$2,889
Jun 201026370.364.91$1,291
May 201076471.124.24$3,236
Apr 201082681.694.12$3,405
Mar 201089978.394.39$3,945
Feb 201077273.585.44$4,202
Jan 201089874.365.96$5,356
Dec 200947571.445.48$2,605
Nov 200952874.593.75$1,981
Oct 200984572.544.11$3,473
Sep 200979565.543.06$2,436
Aug 200974767.423.22$2,404
Jul 2009061.133.46$0
Jun 200918166.163.90$705
May 200997454.743.93$3,824
Apr 200989746.773.59$3,218
Mar 20091,15242.144.06$4,676
Feb 20091,06632.814.63$4,939
Jan 20091,21035.865.37$6,499
Dec 200897037.105.98$5,798
Nov 20081,15355.496.86$7,910
Oct 20081,26775.246.92$8,770
Sep 20081,299101.767.88$10,232
Aug 20081,282114.228.48$10,875
Jul 20081,351131.0811.39$15,387
Jun 2008444131.3313.03$5,786
May 20081,314123.1711.57$15,209
Apr 20081,015110.3110.45$10,612
Mar 20081,079101.909.66$10,428
Feb 200878792.538.77$6,902
Jan 200884690.388.21$6,942
Dec 200784988.337.30$6,199
Nov 200786591.677.29$6,307
Oct 200798482.856.92$6,811
Sep 20071,30675.846.24$8,155
Aug 20071,30869.066.39$8,355
Jul 20071,31370.906.39$8,387
Jun 20071,26762.007.55$9,564
May 20071,06058.747.85$8,317
Apr 200757559.617.81$4,488
Mar 20071,20656.927.30$8,806
Feb 200795955.108.22$7,879
Jan 20071,14050.306.73$7,669
Dec 20061,79856.656.92$12,439
Nov 20061,93154.207.62$14,709
Oct 20063,30854.906.01$19,894
Sep 20063,24860.085.04$16,361
Aug 20063,82468.717.34$28,068
Jul 20063,49869.376.34$22,187
Jun 20062,21466.286.38$14,134
May 2006066.016.42$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.

Dec 2011 — as filed, then multipliedworked
Gas                    4 Mcf  × $  3.24 =        $13

────────────────────────────────────────────────────
Month total                                      $13

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. 10/G/218802 is the state's own key, not one this site invented.