PARNELL BROS.

Name: PARNELL BROS. lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by HUNTINGTON ENERGY, L.L.C. (P-5 419291) in the BULER, NORTH (CLEVELAND) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 4586District 10Field 13207110NGPA filingOilCasinghead gasSave Export

Value, all time

$3.7 M

Jan 1993 – Sep 2011

Value, last 12 filed months

$198 k

at the published price for each month

Months reported

225

no gaps in the span

Streams

oil, casinghead gas

The BULER, NORTH (CLEVELAND) 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 19 leases and 37 wells, and the rule below applies to all of them.

Discovered

1973-04-30

as the register files it

Field class

Oil and gas

the register's own label

Between wells

1,200 ft

minimum

From a lease line

467 ft

minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2008-11-01.

The Commission's schedule remark for this field reads: “(CLEVELAND) FIELD.”

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.

Programme	Filings	With an approval date	Dated	Docket
NGPA	1	none	—	—

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.

Stream	Basis	Volume	Value
Oil	Disposition	87,539 bbl	$2,584,264
Casinghead gas	Production	407,681 Mcf	$1,113,330
Total			$3,697,594

154,358 Mcf of this lease's gas, across 48 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

Wells on this lease (5)

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 36.1701, -100.7889. A lease has no coordinate of its own — that point is the mean of its wells, and they span 2.5 miles.

36.16658, -100.78844 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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%

5 of 5 wells

With a plug date

60.0%

3 of 5 wells

Median depth

7,500 ft

5 wells filed one

Completion to plug

12.8 years

median over 3 wells

What the state filed about each well

On the RRC proration schedule

5100.0%

A plug date is filed

360.0%

BothOn the schedule and plugged. Neither fact cancels the other.

360.0%

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

Between 7,300 and 9,470 ft, median 7,500 ft, over the 5 wells that filed a depth.

Completions filed

May 1980 – Apr 2010

5 of 5 wells

Plug dates filed

Mar 2004 – Feb 2018

3 of 5 wells; 2 filed none

Last completion to plug: a median of 12.8 years across the 3 wells that filed both dates, with the middle half between 10.3 years and 14.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

5 wells


42-35732305	10	9,244 ft	Apr 2010	Jan 2018	Yes
42-35732306	11	7,433 ft	Apr 2001	Feb 2018	Yes
42-35731965	9	7,500 ft	Jun 1991	Mar 2004	Yes
42-35731683	7	7,300 ft	May 1985	—	Yes
42-35781661	6	9,470 ft	May 1980	—	Yes

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 (225)

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

225 months


Sep 2011	0	0	83.62	3.99	$0
Aug 2011	0	0	83.40	4.15	$0
Jul 2011	0	0	94.14	4.52	$0
Jun 2011	0	0	92.90	4.64	$0
May 2011	0	0	98.13	4.40	$0
Apr 2011	683	628	105.96	4.33	$75,092
Mar 2011	175	639	96.36	4.06	$19,456
Feb 2011	173	672	85.64	4.18	$17,625
Jan 2011	357	753	86.50	4.59	$34,336
Dec 2010	185	702	85.73	4.35	$18,912
Nov 2010	165	711	80.84	3.80	$16,037
Oct 2010	177	794	78.10	3.51	$16,610
Sep 2010	175	751	72.63	3.98	$15,699
Aug 2010	176	1,639	73.68	4.42	$20,211
Jul 2010	182	792	72.55	4.74	$16,955
Jun 2010	178	662	70.36	4.91	$15,775
May 2010	181	1,597	71.12	4.24	$19,636
Apr 2010	489	1,520	81.69	4.12	$46,213
Mar 2010	179	666	78.39	4.39	$16,955
Feb 2010	363	619	73.58	5.44	$30,078
Jan 2010	0	685	74.36	5.96	$4,085
Dec 2009	165	465	71.44	5.48	$14,338
Nov 2009	171	703	74.59	3.75	$15,392
Oct 2009	353	697	72.54	4.11	$28,471
Sep 2009	0	583	65.54	3.06	$1,787
Aug 2009	355	572	67.42	3.22	$25,775
Jul 2009	182	517	61.13	3.46	$12,917
Jun 2009	177	553	66.16	3.90	$13,864
May 2009	183	618	54.74	3.93	$12,444
Apr 2009	180	709	46.77	3.59	$10,962
Mar 2009	350	777	42.14	4.06	$17,903
Feb 2009	184	729	32.81	4.63	$9,415
Jan 2009	179	785	35.86	5.37	$10,635
Dec 2008	178	659	37.10	5.98	$10,543
Nov 2008	186	492	55.49	6.86	$13,696
Oct 2008	180	488	75.24	6.92	$16,921
Sep 2008	177	635	101.76	7.88	$23,013
Aug 2008	187	634	114.22	8.48	$26,737
Jul 2008	180	500	131.08	11.39	$29,289
Jun 2008	367	632	131.33	13.03	$56,435
May 2008	0	655	123.17	11.57	$7,581
Apr 2008	178	936	110.31	10.45	$29,421
Mar 2008	179	903	101.90	9.66	$26,967
Feb 2008	363	790	92.53	8.77	$40,517
Jan 2008	171	869	90.38	8.21	$22,586
Dec 2007	0	951	88.33	7.30	$6,944
Nov 2007	353	914	91.67	7.29	$39,024
Oct 2007	174	901	82.85	6.92	$20,653
Sep 2007	180	805	75.84	6.24	$18,678
Aug 2007	176	705	69.06	6.39	$16,658
Jul 2007	352	802	70.90	6.39	$30,080
Jun 2007	179	871	62.00	7.55	$17,673
May 2007	0	646	58.74	7.85	$5,069
Apr 2007	362	894	59.61	7.81	$28,557
Mar 2007	177	896	56.92	7.30	$16,617
Feb 2007	0	811	55.10	8.22	$6,663
Jan 2007	367	988	50.30	6.73	$25,106
Dec 2006	177	931	56.65	6.92	$16,468
Nov 2006	177	900	54.20	7.62	$16,449
Oct 2006	185	771	54.90	6.01	$14,793
Sep 2006	352	843	60.08	5.04	$25,395
Aug 2006	185	820	68.71	7.34	$18,730
Jul 2006	0	751	69.37	6.34	$4,763
Jun 2006	184	772	66.28	6.38	$17,124
May 2006	362	939	66.01	6.42	$29,929
Apr 2006	176	975	64.39	7.36	$18,509
Mar 2006	179	961	56.70	7.08	$16,956
Feb 2006	0	508	57.59	7.75	$3,938
Jan 2006	336	918	60.59	8.93	$28,559
Dec 2005	195	948	54.94	13.42	$23,431
Nov 2005	187	756	54.69	10.59	$18,232
Oct 2005	182	924	58.34	13.80	$23,365
Sep 2005	192	894	61.45	12.08	$22,597
Aug 2005	187	929	61.51	9.80	$20,604
Jul 2005	194	963	55.69	7.84	$18,357
Jun 2005	179	919	52.33	7.38	$16,150
May 2005	375	1,086	45.22	6.65	$24,181
Apr 2005	181	1,013	49.20	7.36	$16,361
Mar 2005	179	1,060	50.37	7.15	$16,600
Feb 2005	180	955	45.22	6.31	$14,167
Jan 2005	177	1,034	43.16	6.32	$14,176
Dec 2004	357	956	39.86	6.75	$20,684
Nov 2004	175	932	45.28	6.33	$13,824
Oct 2004	179	921	49.70	6.52	$14,897
Sep 2004	184	896	43.24	5.28	$12,691
Aug 2004	353	906	42.37	5.55	$19,986
Jul 2004	179	943	38.28	6.08	$12,590
Jun 2004	360	957	36.10	6.43	$19,152
May 2004	122	878	37.48	6.49	$10,275
Apr 2004	189	878	34.47	5.86	$11,659
Mar 2004	199	862	34.36	5.53	$11,605
Feb 2004	199	951	32.45	5.51	$11,697
Jan 2004	408	945	32.03	6.30	$19,021
Dec 2003	268	979	30.26	6.30	$14,279
Nov 2003	205	1,049	28.80	4.60	$10,724
Oct 2003	402	1,300	28.17	4.76	$17,512
Sep 2003	193	1,254	26.31	4.75	$11,034
Aug 2003	0	1,204	29.76	5.13	$6,176
Jul 2003	384	1,478	29.41	5.17	$18,936
Jun 2003	198	1,775	28.56	5.98	$16,275
May 2003	747	2,028	26.59	5.97	$31,975
Apr 2003	199	1,719	26.67	5.41	$14,602
Mar 2003	406	1,952	31.14	6.10	$24,542
Feb 2003	598	2,020	33.48	7.93	$36,031
Jan 2003	380	2,079	30.31	5.58	$23,123
Dec 2002	409	2,239	26.91	4.85	$21,874
Nov 2002	194	2,226	24.66	4.14	$13,993
Oct 2002	618	2,186	26.46	4.23	$25,597
Sep 2002	370	2,302	27.44	3.64	$18,521
Aug 2002	388	1,997	25.96	3.16	$16,391
Jul 2002	588	2,343	24.58	3.06	$21,627
Jun 2002	381	2,507	23.73	3.34	$17,410
May 2002	382	2,577	24.66	3.58	$18,656
Apr 2002	413	2,463	23.65	3.51	$18,418
Mar 2002	569	2,875	22.00	3.10	$21,438
Feb 2002	404	2,563	18.22	2.38	$13,450
Jan 2002	384	2,490	17.17	2.38	$12,509
Dec 2001	762	2,772	16.93	2.36	$19,455
Nov 2001	552	2,567	18.07	2.41	$16,150
Oct 2001	774	2,737	19.78	2.53	$22,231
Sep 2001	195	2,752	24.26	2.25	$10,926
Aug 2001	574	2,687	24.87	3.05	$22,479
Jul 2001	375	3,729	23.93	3.20	$20,896
Jun 2001	923	3,910	24.56	3.82	$37,621
May 2001	755	4,722	25.52	4.31	$39,607
Apr 2001	768	3,249	24.68	5.34	$36,289
Mar 2001	330	3,687	24.54	5.38	$27,921
Feb 2001	388	1,999	27.75	5.77	$22,295
Jan 2001	590	1,995	27.47	8.40	$32,963
Dec 2000	193	2,243	26.88	9.12	$25,650
Nov 2000	598	1,830	32.21	5.66	$29,616
Oct 2000	397	1,923	31.23	5.15	$22,293
Sep 2000	388	1,952	31.87	5.19	$22,490
Aug 2000	589	2,119	29.64	4.54	$27,080
Jul 2000	388	1,905	28.53	4.09	$18,861
Jun 2000	574	2,107	29.30	4.40	$26,083
May 2000	392	2,126	27.26	3.68	$18,509
Apr 2000	390	1,852	24.51	3.12	$15,330
Mar 2000	576	2,114	28.42	2.86	$22,415
Feb 2000	375	1,983	27.62	2.73	$15,764
Jan 2000	645	2,217	25.27	2.48	$21,798
Dec 1999	383	2,334	24.28	2.42	$14,956
Nov 1999	516	1,799	23.19	2.43	$16,345
Oct 1999	583	2,149	20.98	2.80	$18,257
Sep 1999	393	2,208	21.75	2.62	$14,330
Aug 1999	603	2,351	19.26	2.88	$18,374
Jul 1999	380	2,361	17.89	2.37	$12,399
Jun 1999	759	2,444	15.94	2.36	$17,871
May 1999	568	2,617	15.79	2.32	$15,043
Apr 1999	1,144	3,878	15.10	2.21	$25,837
Mar 1999	192	807	12.47	1.84	$3,878
Feb 1999	191	692	9.98	1.82	$3,164
Jan 1999	387	1,539	10.38	1.90	$6,941
Dec 1998	195	1,960	9.20	1.77	$5,270
Nov 1998	193	1,656	10.89	2.19	$5,721
Oct 1998	193	1,672	12.42	1.97	$5,690
Sep 1998	378	1,723	12.59	2.08	$8,347
Aug 1998	381	1,784	11.30	1.91	$7,708
Jul 1998	190	1,784	11.74	2.24	$6,222
Jun 1998	376	1,734	11.24	2.24	$8,106
May 1998	387	1,815	12.62	2.21	$8,888
Apr 1998	589	1,806	13.04	2.51	$12,205
Mar 1998	193	2,097	12.80	2.31	$7,313
Feb 1998	187	1,592	13.95	2.30	$6,269
Jan 1998	579	2,356	14.70	2.15	$13,588
Dec 1997	381	2,175	16.32	2.41	$11,462
Nov 1997	383	2,484	18.19	3.09	$14,638
Oct 1997	760	2,974	19.25	3.15	$23,998
Sep 1997	190	2,521	17.74	2.95	$10,820
Aug 1997	571	2,480	17.86	2.55	$16,534
Jul 1997	192	1,456	17.58	2.25	$6,647
Jun 1997	571	1,643	17.24	2.26	$13,553
May 1997	575	1,590	18.97	2.31	$14,578
Apr 1997	581	1,281	17.88	2.08	$13,056
Mar 1997	782	2,339	18.95	1.94	$19,355
Feb 1997	583	2,538	20.49	2.21	$17,544
Jan 1997	575	1,392	23.48	3.54	$18,428
Dec 1996	543	1,877	23.32	—	$12,663
Nov 1996	191	2,397	21.97	—	$4,196
Oct 1996	548	2,049	23.31	—	$12,774
Sep 1996	371	1,831	22.22	—	$8,244
Aug 1996	753	2,911	20.26	—	$15,256
Jul 1996	737	3,056	19.55	—	$14,408
Jun 1996	887	3,498	18.73	—	$16,614
May 1996	182	1,919	19.43	—	$3,536
Apr 1996	392	2,558	21.51	—	$8,432
Mar 1996	386	2,380	19.38	—	$7,481
Feb 1996	582	2,651	16.98	—	$9,882
Jan 1996	764	2,538	17.07	—	$13,041
Dec 1995	780	3,002	17.19	—	$13,408
Nov 1995	386	1,793	16.00	—	$6,176
Oct 1995	174	1,889	15.43	—	$2,685
Sep 1995	577	2,295	16.18	—	$9,336
Aug 1995	765	2,979	15.92	—	$12,179
Jul 1995	576	3,299	15.24	—	$8,778
Jun 1995	746	2,659	16.41	—	$12,242
May 1995	724	2,490	17.56	—	$12,713
Apr 1995	775	3,638	17.73	—	$13,741
Mar 1995	552	2,948	16.44	—	$9,075
Feb 1995	388	2,302	16.58	—	$6,433
Jan 1995	589	3,693	15.92	—	$9,377
Dec 1994	580	3,124	15.03	—	$8,717
Nov 1994	561	3,130	15.90	—	$8,920
Oct 1994	576	2,719	15.58	—	$8,974
Sep 1994	763	3,391	15.29	—	$11,666
Aug 1994	550	3,650	16.13	—	$8,872
Jul 1994	542	3,182	17.56	—	$9,518
Jun 1994	726	3,812	17.09	—	$12,407
May 1994	759	4,030	15.88	—	$12,053
Apr 1994	382	3,834	14.14	—	$5,401
Mar 1994	1,104	4,325	12.46	—	$13,756
Feb 1994	567	2,330	12.50	—	$7,088
Jan 1994	560	4,370	12.66	—	$7,090
Dec 1993	740	4,313	12.33	—	$9,124
Nov 1993	918	3,562	14.49	—	$13,302
Oct 1993	540	3,890	15.85	—	$8,559
Sep 1993	735	4,174	15.03	—	$11,047
Aug 1993	1,020	4,396	15.66	—	$15,973
Jul 1993	931	4,564	15.46	—	$14,393
Jun 1993	678	2,109	16.79	—	$11,384
May 1993	726	4,235	17.68	—	$12,836
Apr 1993	1,326	4,704	18.05	—	$23,934
Mar 1993	571	3,362	18.14	—	$10,358
Feb 1993	747	4,627	17.90	—	$13,371
Jan 1993	1,306	5,873	16.93	—	$22,111

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 2011 — as filed, then multipliedworked

Oil                  683 bbl  × $105.96 =    $72,371
Casinghead gas       628 Mcf  × $  4.33 =     $2,721

────────────────────────────────────────────────────
Month total                                  $75,092

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/O/4586 is the state's own key, not one this site invented.