PARSELL, HUGH F.

Operated by LATIGO PETROLEUM, LLC (P-5 488260) in the LIPSCOMB, S.E. (CLEVELAND) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 9440District 10Field 53878250OilCasinghead gasSaveExport
Value, all time
$4.6 M
Jul 2015 – May 2026
Value, last 12 filed months
$130 k
at the published price for each month
Months reported
114
17 months not filed
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 468 leases and 529 wells, and the rule below applies to all of them.

Discovered
1983-12-21
as the register files it
Field class
Oil and gas
the register's own label
Between wells
933 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2011-11-22.

The Commission's schedule remark for this field reads: FIELD

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
OilDisposition56,477 bbl$2,773,134
Casinghead gasProduction563,923 Mcf$1,808,732
Total$4,581,866

Wells on this lease (3)

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 36.0657, -100.5752. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.9 miles.

36.06364, -100.57522 · 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 3 wells
With a plug date
0.0%
0 of 3 wells
Median depth
7,950 ft
3 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.
3100.0%

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 7,913 and 8,000 ft, median 7,950 ft, over the 3 wells that filed a depth.

Completions filed
Jul 2015 – Aug 2015
3 of 3 wells

3 wells

42-357335556H8,000 ftAug 2015
42-357335567H7,913 ftJul 2015
42-357335485H7,950 ftJul 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 (114)

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

114 months

May 202601,855106.413.05$5,650
Apr 20260098.932.87$0
Mar 20261911,39589.753.15$21,536
Feb 202601,60663.503.75$6,023
Jan 202601,96259.138.00$15,692
Dec 202501,44956.664.41$6,395
Nov 20253971,69158.593.93$29,900
Oct 202501,99759.383.30$6,600
Sep 202502,10262.743.08$6,468
Aug 202502,15463.933.01$6,494
Jul 202502,44666.743.32$8,109
Jun 20251811,52566.483.13$16,804
May 202502,08260.553.23$6,730
Apr 202502,03362.363.54$7,203
Mar 202502,19867.704.27$9,382
Feb 202501,98370.884.34$8,608
Jan 202501,98474.324.28$8,489
Dec 202402,28368.993.12$7,126
Nov 20241942,60369.052.20$19,118
Oct 202401,85571.372.28$4,232
Sep 202401,66269.612.36$3,930
Aug 20243772,16175.632.06$32,972
Jul 20241982,34579.932.15$20,860
Jun 20241942,34278.082.63$21,316
May 202402,39678.812.20$5,267
Apr 202402,44884.451.66$4,062
Mar 20242011,89780.301.55$19,071
Feb 202402,37376.091.78$4,233
Jan 2024367073.023.30$26,798
Dec 202302,13371.262.61$5,569
Nov 202301,99377.892.81$5,595
Oct 202302,42785.443.09$7,493
Sep 202302,59589.042.74$7,097
Aug 202302,71480.522.67$7,254
Jul 20235472,61674.852.64$47,854
Jun 202302,28268.962.26$5,154
May 202302,38170.622.23$5,303
Apr 20231922,69678.122.24$21,032
Mar 20232002,78972.852.39$21,245
Feb 202302,52275.112.47$6,218
Jan 20233752,22676.533.39$36,240
Dec 20221942,77576.415.73$30,722
Nov 202202,75385.005.65$15,544
Oct 20221943,03287.185.86$34,692
Sep 202202,97984.888.16$24,320
Aug 20225743,11594.529.13$82,686
Jul 20221413,187101.587.54$38,359
Jun 202203,709115.097.98$29,587
May 202202,991109.378.43$25,223
Apr 202202,295104.226.84$15,692
Mar 20221872,143108.885.08$31,239
Feb 20223922,26591.054.86$46,697
Jan 20223522,94081.844.54$42,148
Dec 20215663,45271.323.90$53,827
Nov 202103,41877.435.24$17,900
Oct 202103,70479.795.71$21,164
Sep 202103,64069.865.35$19,477
Aug 20210066.024.22$0
Feb 20201972,14549.881.98$14,075
Jan 20201824,22857.252.09$19,276
Dec 20192014,77259.012.30$22,857
Nov 20193845,26755.302.75$35,723
Oct 20191995,22353.472.42$23,273
Sep 20191903,47455.052.66$19,691
Aug 20191834,18753.112.30$19,367
Jul 20193815,63456.272.46$35,299
Jun 20193706,13452.782.49$34,810
May 20195376,65658.482.74$49,643
Apr 20191936,78262.632.75$30,743
Mar 20193337,76556.803.06$42,692
Feb 20197057,53650.852.79$56,891
Jan 20193838,68746.033.23$45,673
Dec 20183899,91346.594.19$59,614
Nov 201875411,05352.934.24$86,743
Oct 20185616,04261.443.40$54,999
Sep 20185624,95859.543.11$48,871
Aug 20185026,22859.403.07$48,917
Jul 20181914,84265.142.93$26,638
Jun 20185818,67760.183.08$61,663
May 20185906,29265.382.90$56,826
Apr 20185656,26563.842.90$54,243
Mar 20185786,73061.222.79$54,141
Feb 20184106,45461.782.77$43,182
Jan 20184027,04862.874.01$53,531
Dec 20173967,40457.272.92$44,310
Nov 20175887,38255.423.12$55,607
Oct 20175717,70949.292.98$51,146
Sep 20177537,92347.523.09$60,243
Aug 20175408,70845.373.00$50,662
Jul 20171,0948,59743.873.09$74,535
Jun 20176988,43542.493.09$55,699
May 20171,1009,25445.373.26$80,107
Apr 20177599,15647.933.21$65,784
Mar 20179258,35646.772.98$68,194
Feb 20171,1039,94950.452.95$85,022
Jan 20175646,12949.413.42$48,821
Dec 20161,11810,74548.763.72$94,515
Nov 20161,62910,23742.492.64$96,286
Oct 20161,00112,24046.193.09$84,061
Sep 20161,62412,79841.553.10$107,159
Aug 20161,14910,68341.442.92$78,855
Jul 20161,60312,68241.622.92$103,803
Jun 20162,58013,87445.352.69$154,266
May 20169304,47142.521.99$48,446
Apr 20169373,99936.561.99$42,219
Mar 20161,2344,66033.011.79$49,094
Feb 20169454,01526.472.06$33,300
Jan 20168745,76627.352.36$37,537
Dec 20151,5088,89932.362.00$66,609
Nov 20151,68810,06938.792.17$87,300
Oct 20152,40011,68043.552.43$132,862
Sep 20152,94414,38042.992.76$166,229
Aug 20156,12717,71340.162.87$296,941
Jul 201535841948.152.95$18,472

Not filed, and not zero: Mar 2020 – Jul 2021 (17 months). The Railroad Commission holds no report for those months, so this page shows none — a zero would state that the lease produced nothing.

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
Oil                    0 bbl  × $106.41 =         $0
Casinghead gas     1,855 Mcf  × $  3.05 =     $5,650

────────────────────────────────────────────────────
Month total                                   $5,650

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/9440 is the state's own key, not one this site invented.