PARKS, J.W. -A-

Operated by FOUNDATION ENERGY MANAGEMENT LLC (P-5 280875) in the PARKS (DUFFER) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 156086District 7BField 69232525CondensateGasSaveExport
Value, all time
$1.7 M
Sep 1995 – Oct 2016
Value, last 12 filed months
$0
at the published price for each month
Months reported
254
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 5 leases and 7 wells, and the rule below applies to all of them.

Discovered
1988-08-28
as the register files it
Field class
Oil and gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

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
CondensateDisposition1,064 bbl$70,112
GasProduction377,317 Mcf$1,615,320
Total$1,685,432

51,911 Mcf of this lease's gas, across 16 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 32.6839, -98.8667. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.68392, -98.86675 · 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
4,500 ft
1 wells filed one
Completion to plug
3.3 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 4,500 ft.

Completions filed
Jul 2013
1 of 1 wells
Plug dates filed
Oct 2016
1 of 1 wells

Last completion to plug: a median of 3.3 years across the 1 well that filed both dates, with the middle half between 3.3 years and 3.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-429350631094,500 ftJul 2013Oct 2016Yes

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 (254)

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

254 months

Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20132094.403.93$189
May 20132094.834.15$190
Apr 201321493.964.28$248
Mar 2013129593.623.91$1,495
Feb 2013737091.233.42$1,904
Jan 20131546391.603.42$2,957
Dec 20121154286.773.42$2,808
Nov 20121160486.953.62$3,146
Oct 20121172889.383.40$3,458
Sep 20121280894.672.92$3,494
Aug 2012191,45892.662.91$6,001
Jul 2012301,52185.133.02$7,149
Jun 2012181,39479.822.52$4,948
May 201271,54491.612.49$4,483
Apr 2012121,491101.652.00$4,197
Mar 2012141,547105.052.22$4,908
Feb 201231,431101.102.57$3,981
Jan 201201,53298.092.73$4,189
Dec 201101,53196.873.24$4,960
Nov 201101,47395.723.31$4,878
Oct 201101,50884.983.65$5,502
Sep 201101,46583.623.99$5,839
Aug 201101,52383.404.15$6,319
Jul 201101,52994.144.52$6,907
Jun 201101,47592.904.64$6,844
May 201101,37498.134.40$6,052
Apr 201111,114105.964.33$4,933
Mar 201141,39996.364.06$6,062
Feb 2011111,32185.644.18$6,464
Jan 2011161,49686.504.59$8,249
Dec 2010301,51285.734.35$9,146
Nov 2010111,48180.843.80$6,510
Oct 2010471,54978.103.51$9,106
Sep 2010461,52572.633.98$9,410
Aug 2010301,60973.684.42$9,321
Jul 2010301,38272.554.74$8,722
Jun 2010241,42570.364.91$8,686
May 2010371,44371.124.24$8,743
Apr 2010151,54581.694.12$7,595
Mar 201061,58078.394.39$7,404
Feb 2010101,42173.585.44$8,469
Jan 2010131,58374.365.96$10,408
Dec 2009111,57271.445.48$9,406
Nov 2009111,52274.593.75$6,530
Oct 2009121,58772.544.11$7,393
Sep 200971,55665.543.06$5,228
Aug 2009101,11967.423.22$4,276
Jul 2009241,57461.133.46$6,920
Jun 2009111,54666.163.90$6,749
May 2009221,66254.743.93$7,729
Apr 200951,04146.773.59$3,968
Mar 200901,41842.144.06$5,756
Feb 200901,48232.814.63$6,866
Jan 200901,64335.865.37$8,825
Dec 200801,65937.105.98$9,916
Nov 200801,61255.496.86$11,059
Oct 200801,62875.246.92$11,269
Sep 200801,593101.767.88$12,548
Aug 200801,612114.228.48$13,675
Jul 200801,540131.0811.39$17,540
Jun 200801,391131.3313.03$18,128
May 200801,406123.1711.57$16,273
Apr 200801,224110.3110.45$12,797
Mar 200801,125101.909.66$10,872
Feb 2008063392.538.77$5,552
Jan 200804,93690.388.21$40,503
Dec 2007020,72988.337.30$151,363
Nov 200703,52391.677.29$25,689
Oct 200731,53882.856.92$10,895
Sep 2007131,43175.846.24$9,921
Aug 2007171,43569.066.39$10,341
Jul 2007151,49570.906.39$10,613
Jun 2007141,49962.007.55$12,183
May 200751,51658.747.85$12,189
Apr 200791,62259.617.81$13,197
Mar 2007101,45656.927.30$11,201
Feb 2007584055.108.22$7,177
Jan 2007101,09850.306.73$7,889
Dec 2006141,22656.656.92$9,275
Nov 2006068154.207.62$5,188
Oct 200651,18354.906.01$7,389
Sep 200691,67860.085.04$8,993
Aug 2006101,76568.717.34$13,642
Jul 200691,76869.376.34$11,838
Jun 200691,75866.286.38$11,819
May 200601,39766.016.42$8,976
Apr 2006101,04564.397.36$8,336
Mar 2006111,65656.707.08$12,353
Feb 200661,53057.597.75$12,205
Jan 200661,70560.598.93$15,595
Dec 2005171,71654.9413.42$23,955
Nov 200561,67054.6910.59$18,011
Oct 2005111,72158.3413.80$24,384
Sep 200571,41961.4512.08$17,570
Aug 2005141,76761.519.80$18,172
Jul 200581,76555.697.84$14,290
Jun 2005161,74052.337.38$13,680
May 200581,62045.226.65$11,137
Apr 2005151,79149.207.36$13,921
Mar 200501,85850.377.15$13,294
Feb 200501,72745.226.31$10,901
Jan 200501,89443.166.32$11,974
Dec 200401,64739.866.75$11,119
Nov 200401,51945.286.33$9,616
Oct 200401,85349.706.52$12,072
Sep 200401,81243.245.28$9,574
Aug 200401,91742.375.55$10,641
Jul 200401,96638.286.08$11,962
Jun 200401,98436.106.43$12,763
May 200401,10237.486.49$7,157
Apr 200401,68234.475.86$9,854
Mar 200401,86734.365.53$10,325
Feb 200401,57732.455.51$8,689
Jan 200401,90232.036.30$11,982
Dec 200301,87530.266.30$11,816
Nov 200301,86828.804.60$8,584
Oct 200301,01328.174.76$4,822
Sep 200302,04826.314.75$9,727
Aug 200301,09629.765.13$5,622
Jul 2003070829.415.17$3,661
Jun 2003086528.565.98$5,175
May 200301,25826.595.97$7,514
Apr 200301,86826.675.41$10,101
Mar 200301,92831.146.10$11,753
Feb 200301,75333.487.93$13,894
Jan 200301,99030.315.58$11,108
Dec 200202,03126.914.85$9,858
Nov 200201,98724.664.14$8,220
Oct 200202,13726.464.23$9,038
Sep 200202,08827.443.64$7,590
Aug 200202,36525.963.16$7,483
Jul 200202,49424.583.06$7,636
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 200201,74523.653.51$6,129
Mar 200202,22222.003.10$6,894
Feb 200201,37618.222.38$3,269
Jan 2002033917.172.38$805
Dec 2001036816.932.36$870
Nov 2001039018.072.41$938
Oct 2001041119.782.53$1,039
Sep 2001041124.262.25$925
Aug 2001042524.873.05$1,298
Jul 2001043123.933.20$1,378
Jun 2001051224.563.82$1,958
May 2001058025.524.31$2,498
Apr 2001059524.685.34$3,175
Mar 2001068124.545.38$3,661
Feb 2001062227.755.77$3,587
Jan 2001080727.478.40$6,778
Dec 2000085026.889.12$7,754
Nov 2000093332.215.66$5,279
Oct 200001,32331.235.15$6,808
Sep 200001,65131.875.19$8,563
Aug 200001,69029.644.54$7,674
Jul 200001,72428.534.09$7,051
Jun 200001,68329.304.40$7,401
May 200001,74127.263.68$6,406
Apr 200001,69124.513.12$5,269
Mar 200001,69728.422.86$4,853
Feb 200001,53527.622.73$4,185
Jan 200001,70525.272.48$4,229
Dec 199901,71424.282.42$4,154
Nov 199901,65923.192.43$4,038
Oct 199901,63420.982.80$4,581
Sep 199901,57221.752.62$4,117
Aug 199901,67319.262.88$4,811
Jul 199901,66817.892.37$3,957
Jun 199901,43815.942.36$3,397
May 199901,35415.792.32$3,143
Apr 199901,57515.102.21$3,478
Mar 199901,60212.471.84$2,945
Feb 199901,4769.981.82$2,683
Jan 199901,14010.381.90$2,166
Dec 199801,0709.201.77$1,897
Nov 199801,17510.892.19$2,568
Oct 199801,25312.421.97$2,467
Sep 1998075912.592.08$1,581
Aug 199801,70611.301.91$3,254
Jul 199802,60711.742.24$5,833
Jun 199802,75511.242.24$6,164
May 199802,88612.622.21$6,368
Apr 199802,80913.042.51$7,037
Mar 199802,20512.802.31$5,092
Feb 199802,44613.952.30$5,624
Jan 199802,58614.702.15$5,572
Dec 199702,35116.322.41$5,669
Nov 199702,38218.193.09$7,356
Oct 199702,92219.253.15$9,204
Sep 199702,80117.742.95$8,277
Aug 199703,14717.862.55$8,040
Jul 199703,49417.582.25$7,851
Jun 199762,81117.242.26$6,448
May 1997222,76718.972.31$6,805
Apr 1997203,27017.882.08$7,168
Mar 1997372,97718.951.94$6,474
Feb 1997352,76020.492.21$6,805
Jan 1997203,47623.483.54$12,774
Dec 199602,86023.32$0
Nov 199602,92721.97$0
Oct 199603,57023.31$0
Sep 199603,42622.22$0
Aug 199603,40220.26$0
Jul 199603,87919.55$0
Jun 199603,19418.73$0
May 199603,29819.43$0
Apr 199603,30921.51$0
Mar 199603,38819.38$0
Feb 199603,37116.98$0
Jan 199602,80417.07$0
Dec 199503,20617.19$0
Nov 199503,66416.00$0
Oct 199502,80015.43$0
Sep 199502,81316.18$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.

Jun 2013 — as filed, then multipliedworked
Condensate             2 bbl  × $ 94.40 =       $189
Gas                    0 Mcf  × $  3.93 =         $0

────────────────────────────────────────────────────
Month total                                     $189

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/156086 is the state's own key, not one this site invented.