MineralRecord
Log inSign up

PARNELL 7

Operated by MMGL TXPH, LLC (P-5 101619) 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 280353District 10Field 131472852 tax incentive programmesCondensateGasSaveExport
Value, all time
$8.3 M
Jun 2015 – May 2026
Value, last 12 filed months
$243 k
at the published price for each month
Months reported
132
no gaps in the span
Streams
2
condensate, gas

The BUFFALO WALLOW (GRANITE WASH) field

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 Gas112016-10-04219109
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
CondensateDisposition39,888 bbl$2,022,210
GasProduction2,157,052 Mcf$6,245,329
Total$8,267,539

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 35.7207, -100.1204. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.72068, -100.12039 · 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
11,575 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 11,575 ft.

Completions filed
Jun 2015
1 of 1 wells

1 well

42-21135454H 3SL11,575 ftJun 2015——

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 (132)

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

132 months

May 20261704,251106.413.05$31,038
Apr 202603,89898.932.87$11,186
Mar 202604,28589.753.15$13,495
Feb 20263613,80163.503.75$37,178
Jan 202603,78659.138.00$30,280
Dec 202504,12756.664.41$18,214
Nov 202504,20858.593.93$16,522
Oct 20253694,47759.383.30$36,707
Sep 202503,45762.743.08$10,637
Aug 202503,91463.933.01$11,800
Jul 202504,26366.743.32$14,133
Jun 202503,80966.483.13$11,917
May 202503,50260.553.23$11,320
Apr 20253624,16362.363.54$37,324
Mar 202504,44667.704.27$18,977
Feb 202502,98070.884.34$12,936
Jan 202503,02474.324.28$12,939
Dec 202403,29668.993.12$10,288
Nov 202403,62569.052.20$7,969
Oct 202404,01771.372.28$9,164
Sep 202404,21069.612.36$9,954
Aug 202404,64575.632.06$9,586
Jul 20241764,68979.932.15$24,133
Jun 20241844,82578.082.63$27,076
May 202404,79278.812.20$10,535
Apr 20243884,93384.451.66$40,951
Mar 202405,34680.301.55$8,260
Feb 202404,97576.091.78$8,874
Jan 20241964,89173.023.30$30,441
Dec 202305,21871.262.61$13,623
Nov 20231975,31877.892.81$30,275
Oct 202305,90785.443.09$18,237
Sep 202306,10089.042.74$16,684
Aug 202305,99280.522.67$16,016
Jul 20233656,32774.852.64$44,035
Jun 202305,99668.962.26$13,542
May 20231436,84870.622.23$25,352
Apr 202306,22278.122.24$13,923
Mar 20233835,95572.852.39$42,153
Feb 202304,52275.112.47$11,150
Jan 202305,07476.533.39$17,189
Dec 20221744,86376.415.73$41,156
Nov 202205,06785.005.65$28,609
Oct 202204,85887.185.86$28,486
Sep 20223725,06684.888.16$72,933
Aug 202205,16794.529.13$47,160
Jul 202204,961101.587.54$37,416
Jun 20221895,311115.097.98$64,119
May 202206,023109.378.43$50,792
Apr 202205,623104.226.84$38,448
Mar 20223665,092108.885.08$65,699
Feb 202204,72191.054.86$22,939
Jan 20221775,84381.844.54$40,999
Dec 202106,20671.323.90$24,198
Nov 202101,50077.435.24$7,855
Oct 20213826,09879.795.71$65,323
Sep 202106,52069.865.35$34,888
Aug 20211615,83266.024.22$35,244
Jul 202103,18070.783.98$12,663
Jun 20211873,31569.493.38$24,201
May 202103,01963.483.02$9,110
Apr 202103,34360.362.76$9,221
Mar 20211926,18161.302.72$28,563
Feb 202101,08257.805.55$6,003
Jan 20212024,67150.412.81$23,310
Dec 202006,35044.642.68$16,989
Nov 20201976,08538.772.71$24,107
Oct 202006,36036.972.48$15,763
Sep 20203676,55237.091.99$26,657
Aug 202008,15539.982.39$19,450
Jul 202006,75838.371.83$12,334
Jun 20201757,54334.901.69$18,858
May 20203166,34016.921.81$16,852
Apr 202008,70914.751.80$15,714
Mar 20201907,26330.341.86$19,246
Feb 20202026,84049.881.98$23,624
Jan 202006,56457.252.09$13,750
Dec 20193957,97259.012.30$41,679
Nov 201905,89655.302.75$16,218
Oct 20191707,82953.472.42$28,025
Sep 20193447,07855.052.66$37,745
Aug 20191838,70553.112.30$29,779
Jul 20191778,26956.272.46$30,302
Jun 201907,75552.782.49$19,319
May 20191996,87558.482.74$30,477
Apr 20193798,34162.632.75$46,680
Mar 2019189,34656.803.06$29,641
Feb 20193848,35350.852.79$42,850
Jan 201909,88546.033.23$31,911
Dec 20185588,91346.594.19$63,302
Nov 20181879,75652.934.24$51,236
Oct 201818711,45161.443.40$50,401
Sep 201818111,40559.543.11$46,223
Aug 201813012,10459.403.07$44,840
Jul 201837412,29465.142.93$60,407
Jun 201818611,69860.183.08$47,187
May 201819210,96065.382.90$44,346
Apr 2018027,79763.842.90$80,634
Mar 201856128,64961.222.79$114,185
Feb 201854023,82861.782.77$99,272
Jan 2018027,31062.874.01$109,495
Dec 2017021,89357.272.92$63,961
Nov 201737725,37455.423.12$100,019
Oct 201736426,92649.292.98$98,280
Sep 201754526,77047.523.09$108,545
Aug 2017027,10345.373.00$81,428
Jul 201735029,50643.873.09$106,448
Jun 201734929,75742.493.09$106,697
May 201718924,44645.373.26$88,352
Apr 201756519,78547.933.21$90,622
Mar 201756326,56246.772.98$105,584
Feb 201719919,31550.452.95$67,069
Jan 201757322,50849.413.42$105,262
Dec 201640624,25148.763.72$110,079
Nov 201635025,85342.492.64$83,236
Oct 201674128,59546.193.09$122,593
Sep 201680629,48541.553.10$124,911
Aug 201685632,59541.442.92$130,792
Jul 20161,03534,91841.622.92$145,189
Jun 201663036,51145.352.69$126,633
May 20161,07840,13742.521.99$125,751
Apr 201636841,89236.561.99$96,863
Mar 201637647,66533.011.79$97,923
Feb 201636748,34426.472.06$109,479
Jan 201656056,78727.352.36$149,581
Dec 201556661,10032.362.00$140,602
Nov 201594767,72138.792.17$183,508
Oct 20151,68681,34143.552.43$270,806
Sep 20151,89998,21842.992.76$352,565
Aug 20153,154118,63540.162.87$467,442
Jul 20154,139155,94948.152.95$658,575
Jun 20153,362147,46656.152.88$613,900

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.

May 2026 — as filed, then multipliedworked
Condensate           170 bbl  × $106.41 =    $18,090
Gas                4,251 Mcf  × $  3.05 =    $12,948

────────────────────────────────────────────────────
Month total                                  $31,038

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/280353 is the state's own key, not one this site invented.