PARKER, RAY

Operated by RAYCO OPERATING, INC. (P-5 695568) in the LAKE NOVICE (GARDNER) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 108782District 7BField 51510500NGPA filingCondensateGasSaveExport
Value, all time
$20 k
Jan 1993 – Mar 2003
Value, last 12 filed months
$5 k
at the published price for each month
Months reported
123
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 4 leases and 4 wells, and the rule below applies to all of them.

Discovered
1983-11-26
as the register files it
Field class
Gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

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
NGPA2none

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
CondensateDisposition212 bbl$5,661
GasProduction20,122 Mcf$14,461
Total$20,122

14,031 Mcf of this lease's gas, across 42 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 (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 31.9688, -99.6779. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.96882, -99.67786 · 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
4,671 ft
1 wells filed one
Completion to plug
19.2 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 4,671 ft.

Completions filed
Nov 1983
1 of 1 wells
Plug dates filed
Jan 2003
1 of 1 wells

Last completion to plug: a median of 19.2 years across the 1 well that filed both dates, with the middle half between 19.2 years and 19.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-0833383814,671 ftNov 1983Jan 2003Yes

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 (123)

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

123 months

Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 2003159030.315.58$4,819
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 20000029.304.40$0
May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 20000028.422.86$0
Feb 20000027.622.73$0
Jan 20000025.272.48$0
Dec 19990024.282.42$0
Nov 19990023.192.43$0
Oct 19990020.982.80$0
Sep 19990021.752.62$0
Aug 19990019.262.88$0
Jul 19990017.892.37$0
Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 19990012.471.84$0
Feb 1999009.981.82$0
Jan 199903910.381.90$74
Dec 199801479.201.77$261
Nov 1998012810.892.19$280
Oct 1998020912.421.97$412
Sep 1998020212.592.08$421
Aug 1998023511.301.91$448
Jul 1998024611.742.24$550
Jun 1998024911.242.24$557
May 1998045012.622.21$993
Apr 1998024413.042.51$611
Mar 1998023512.802.31$543
Feb 1998022113.952.30$508
Jan 1998023814.702.15$513
Dec 1997022016.322.41$530
Nov 1997022418.193.09$692
Oct 1997025919.253.15$816
Sep 1997026617.742.95$786
Aug 1997028017.862.55$715
Jul 1997028917.582.25$649
Jun 1997029217.242.26$659
May 1997030318.972.31$699
Apr 1997025017.882.08$521
Mar 1997031118.951.94$603
Feb 1997025620.492.21$565
Jan 1997029823.483.54$1,055
Dec 1996029723.32$0
Nov 1996028221.97$0
Oct 1996032923.31$0
Sep 1996031422.22$0
Aug 1996035220.26$0
Jul 1996036519.55$0
Jun 1996037118.73$0
May 1996039019.43$0
Apr 1996037421.51$0
Mar 1996036719.38$0
Feb 1996036316.98$0
Jan 1996038017.07$0
Dec 1995040517.19$0
Nov 1995039916.00$0
Oct 1995043115.43$0
Sep 1995042716.18$0
Aug 1995047615.92$0
Jul 1995050415.24$0
Jun 1995052616.41$0
May 1995056417.56$0
Apr 1995056417.73$0
Mar 1995043916.44$0
Feb 1995015116.58$0
Jan 1995015115.92$0
Dec 1994012915.03$0
Nov 1994014115.90$0
Oct 1994017415.58$0
Sep 1994016315.29$0
Aug 1994023716.13$0
Jul 1994119417.56$18
Jun 1994021417.09$0
May 1994124815.88$16
Apr 1994033614.14$0
Mar 19940012.46$0
Feb 19940012.50$0
Jan 19940012.66$0
Dec 19930012.33$0
Nov 19930014.49$0
Oct 199351015.85$808
Sep 1993032915.03$0
Aug 1993035715.66$0
Jul 1993037115.46$0
Jun 1993020016.79$0
May 1993035817.68$0
Apr 1993035718.05$0
Mar 1993034918.14$0
Feb 1993031217.90$0
Jan 1993034116.93$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.

Jan 2003 — as filed, then multipliedworked
Condensate           159 bbl  × $ 30.31 =     $4,819
Gas                    0 Mcf  × $  5.58 =         $0

────────────────────────────────────────────────────
Month total                                   $4,819

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. 7B/G/108782 is the state's own key, not one this site invented.