PARNELL 7

Operated by MEWBOURNE OIL COMPANY (P-5 562560) in the BUFFALO WALLOW (GRANITE WASH) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 276560District 10Field 131472852 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.5 M
Sep 2014 – Apr 2024
Value, last 12 filed months
$5 k
at the published price for each month
Months reported
116
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 1,387 leases and 1,388 wells, and the rule below applies to all of them.

Discovered
1974-09-09
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 2016-03-29.

The Commission's schedule remark for this field reads: 01-30-2024

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 Gas112015-06-15216531
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
CondensateDisposition8,070 bbl$441,685
GasProduction332,303 Mcf$1,072,424
Total$1,514,108

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 35.7199, -100.1144. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.71992, -100.11443 · 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
11,659 ft
1 wells filed one
Completion to plug
9.3 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 11,659 ft.

Completions filed
Sep 2014
1 of 1 wells
Plug dates filed
Dec 2023
1 of 1 wells

Last completion to plug: a median of 9.3 years across the 1 well that filed both dates, with the middle half between 9.3 years and 9.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-211353402HW11,659 ftSep 2014Dec 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 (116)

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

116 months

Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 202375071.262.61$5,345
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 20220251101.587.54$1,893
Jun 20220575115.097.98$4,587
May 20220605109.378.43$5,102
Apr 20220618104.226.84$4,226
Mar 20220578108.885.08$2,934
Feb 2022033491.054.86$1,623
Jan 20220181.844.54$5
Dec 20210471.323.90$16
Nov 2021096877.435.24$5,069
Oct 20211901,15079.795.71$21,731
Sep 202101,09169.865.35$5,838
Aug 2021069466.024.22$2,929
Jul 20210070.783.98$0
Jun 2021035669.493.38$1,204
May 202101,23763.483.02$3,733
Apr 202101,08560.362.76$2,993
Mar 202101,01861.302.72$2,766
Feb 20211931,07857.805.55$17,136
Jan 202101,06850.412.81$3,001
Dec 2020061544.642.68$1,645
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 202003237.091.99$64
Aug 202004039.982.39$95
Jul 20200038.371.83$0
Jun 2020058034.901.69$980
May 202001,62016.921.81$2,940
Apr 20202587814.751.80$1,953
Mar 202001,05430.341.86$1,956
Feb 202001,03249.881.98$2,044
Jan 202001,74157.252.09$3,647
Dec 20191971,75059.012.30$15,658
Nov 201901,63455.302.75$4,495
Oct 201901,75553.472.42$4,245
Sep 201901,71755.052.66$4,563
Aug 201901,28853.112.30$2,968
Jul 201901,13956.272.46$2,802
Jun 20191891,64152.782.49$14,063
May 201901,74558.482.74$4,782
Apr 201901,64562.632.75$4,525
Mar 201901,58956.803.06$4,866
Feb 20192011,49350.852.79$14,390
Jan 201901,31646.033.23$4,248
Dec 2018069446.594.19$2,905
Nov 201801,58652.934.24$6,720
Oct 201801,86661.443.40$6,341
Sep 201801,05359.543.11$3,273
Aug 20181762,00459.403.07$16,600
Jul 201801,90065.142.93$5,571
Jun 201801,92660.183.08$5,926
May 201801,87065.382.90$5,425
Apr 201801,88463.842.90$5,465
Mar 20181902,03461.222.79$17,300
Feb 201801,79261.782.77$4,957
Jan 201801,94162.874.01$7,782
Dec 201701,92357.272.92$5,618
Nov 20171852,32055.423.12$17,487
Oct 201702,23149.292.98$6,657
Sep 201702,01847.523.09$6,230
Aug 20171682,30845.373.00$14,556
Jul 201702,33143.873.09$7,196
Jun 201702,25842.493.09$6,971
May 20171772,19545.373.26$15,194
Apr 201702,19847.933.21$7,059
Mar 201702,25546.772.98$6,728
Feb 201702,17850.452.95$6,431
Jan 20171823,53549.413.42$21,078
Dec 201604,49948.763.72$16,749
Nov 20161843,31942.492.64$16,595
Oct 201603,48146.193.09$10,757
Sep 201603,62841.553.10$11,249
Aug 20161873,83441.442.92$18,961
Jul 201602,97041.622.92$8,685
Jun 20161783,28645.352.69$16,898
May 201603,66842.521.99$7,303
Apr 20161804,23236.561.99$15,007
Mar 201604,53133.011.79$8,129
Feb 20161815,35726.472.06$15,846
Jan 20163645,62327.352.36$23,250
Dec 201506,37332.362.00$12,755
Nov 201506,56438.792.17$14,226
Oct 201504,77743.552.43$11,592
Sep 201504342.992.76$119
Aug 2015193640.162.87$7,768
Jul 2015030448.152.95$895
Jun 201509656.152.88$277
May 201536111,54055.212.96$54,037
Apr 201539713,09249.822.71$55,213
Mar 201538714,89542.892.93$60,311
Feb 201519415,25644.662.98$54,069
Jan 201559919,27543.433.10$85,779
Dec 201458623,00254.693.59$114,657
Nov 201477828,05070.464.25$174,082
Oct 20141,15337,90578.303.90$238,146
Sep 2014015,38286.164.05$62,227

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 2023 — as filed, then multipliedworked
Condensate            75 bbl  × $ 71.26 =     $5,345
Gas                    0 Mcf  × $  2.61 =         $0

────────────────────────────────────────────────────
Month total                                   $5,345

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/276560 is the state's own key, not one this site invented.