PARKEY RANCH

Operated by SUN-KEY OIL CO., INC. (P-5 829320) in the MORGAN MILL (MARBLE FALLS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 80872District 7BField 62870300NGPA filingCondensateGasSaveExport
Value, all time
$314 k
Jan 1993 – Oct 2009
Value, last 12 filed months
$0
at the published price for each month
Months reported
202
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 94 leases and 94 wells, and the rule below applies to all of them.

Discovered
1977-12-01
as the register files it
Field class
Gas
the register's own label
Between wells
1,867 ft
minimum
From a lease line
933 ft
minimum

A drilling unit in this field needs at least 160 acres.

The Commission's schedule remark for this field reads: FIELD TYPE CHANGED FROM EXEMPT TO CAPACITY EFFECTIVE 5/1/01.

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
NGPA3none

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
CondensateDisposition58 bbl$730
GasProduction86,498 Mcf$313,081
Total$313,811

20,619 Mcf of this lease's gas, across 35 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 32.4557, -98.0771. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.45566, -98.07706 · 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
5,160 ft
1 wells filed one
Completion to plug
31.6 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 5,160 ft.

Completions filed
Mar 1978
1 of 1 wells
Plug dates filed
Oct 2009
1 of 1 wells

Last completion to plug: a median of 31.6 years across the 1 well that filed both dates, with the middle half between 31.6 years and 31.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-1433032015,160 ftMar 1978Oct 2009Yes

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 (202)

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

202 months

Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 200601068.717.34$73
Jul 2006060169.376.34$3,812
Jun 2006063866.286.38$4,073
May 2006010066.016.42$643
Apr 2006027764.397.36$2,039
Mar 2006060356.707.08$4,271
Feb 2006071657.597.75$5,550
Jan 2006073760.598.93$6,584
Dec 2005079554.9413.42$10,665
Nov 2005075654.6910.59$8,005
Oct 2005067758.3413.80$9,340
Sep 2005076561.4512.08$9,240
Aug 2005069061.519.80$6,760
Jul 2005044355.697.84$3,475
Jun 2005045652.337.38$3,366
May 2005047645.226.65$3,166
Apr 2005083249.207.36$6,124
Mar 2005049350.377.15$3,527
Feb 2005072145.226.31$4,551
Jan 2005054043.166.32$3,414
Dec 2004097239.866.75$6,562
Nov 2004013545.286.33$855
Oct 2004047649.706.52$3,101
Sep 2004069243.245.28$3,656
Aug 2004092342.375.55$5,123
Jul 2004029038.286.08$1,764
Jun 2004026236.106.43$1,685
May 2004038337.486.49$2,487
Apr 2004049434.475.86$2,894
Mar 2004062234.365.53$3,440
Feb 2004051532.455.51$2,837
Jan 2004052732.036.30$3,320
Dec 2003054830.266.30$3,453
Nov 2003058928.804.60$2,707
Oct 2003053128.174.76$2,527
Sep 2003080126.314.75$3,804
Aug 2003046129.765.13$2,365
Jul 2003037529.415.17$1,939
Jun 2003057828.565.98$3,458
May 2003043126.595.97$2,574
Apr 2003053726.675.41$2,904
Mar 2003075231.146.10$4,584
Feb 2003058233.487.93$4,613
Jan 2003064630.315.58$3,606
Dec 2002073026.914.85$3,543
Nov 2002069524.664.14$2,875
Oct 2002064326.464.23$2,719
Sep 2002075527.443.64$2,745
Aug 2002098325.963.16$3,110
Jul 20020924.583.06$28
Jun 2002025823.733.34$861
May 2002078724.663.58$2,821
Apr 2002052423.653.51$1,840
Mar 2002097822.003.10$3,034
Feb 2002044818.222.38$1,064
Jan 2002095717.172.38$2,274
Dec 2001080916.932.36$1,913
Nov 2001016818.072.41$404
Oct 2001078419.782.53$1,983
Sep 2001045224.262.25$1,018
Aug 2001070224.873.05$2,143
Jul 2001074423.933.20$2,379
Jun 2001066524.563.82$2,543
May 2001063425.524.31$2,731
Apr 2001077324.685.34$4,124
Mar 2001041124.545.38$2,210
Feb 2001064027.755.77$3,691
Jan 200101,02827.478.40$8,634
Dec 2000068526.889.12$6,249
Nov 2000068132.215.66$3,853
Oct 2000059831.235.15$3,077
Sep 2000089831.875.19$4,657
Aug 200001,05029.644.54$4,768
Jul 2000078628.534.09$3,215
Jun 2000053329.304.40$2,344
May 2000058827.263.68$2,164
Apr 2000020824.513.12$648
Mar 2000058528.422.86$1,673
Feb 2000067727.622.73$1,846
Jan 2000063725.272.48$1,580
Dec 1999015124.282.42$366
Nov 1999032223.192.43$784
Oct 1999078320.982.80$2,195
Sep 1999095121.752.62$2,491
Aug 1999086619.262.88$2,490
Jul 1999029717.892.37$705
Jun 1999069515.942.36$1,642
May 1999047515.792.32$1,102
Apr 1999054315.102.21$1,199
Mar 1999087012.471.84$1,599
Feb 199908469.981.82$1,538
Jan 199901,12910.381.90$2,145
Dec 199804889.201.77$865
Nov 1998081210.892.19$1,775
Oct 1998044812.421.97$882
Sep 19985899212.592.08$2,796
Aug 1998049911.301.91$952
Jul 1998070111.742.24$1,568
Jun 1998065911.242.24$1,474
May 1998097912.622.21$2,160
Apr 1998047113.042.51$1,180
Mar 19980412.802.31$9
Feb 1998051613.952.30$1,186
Jan 1998060114.702.15$1,295
Dec 1997046916.322.41$1,131
Nov 1997037318.193.09$1,152
Oct 1997051819.253.15$1,632
Sep 1997046517.742.95$1,374
Aug 1997046617.862.55$1,191
Jul 1997052017.582.25$1,168
Jun 19970017.242.26$0
May 19970018.972.31$0
Apr 19970017.882.08$0
Mar 19970018.951.94$0
Feb 19970020.492.21$0
Jan 199701923.483.54$67
Dec 19960023.32$0
Nov 19960021.97$0
Oct 19960023.31$0
Sep 19960022.22$0
Aug 19960020.26$0
Jul 19960319.55$0
Jun 199601018.73$0
May 19960019.43$0
Apr 19960021.51$0
Mar 19960019.38$0
Feb 19960016.98$0
Jan 19960017.07$0
Dec 19950617.19$0
Nov 19950016.00$0
Oct 1995075915.43$0
Sep 1995097216.18$0
Aug 1995092315.92$0
Jul 1995066715.24$0
Jun 199501,23716.41$0
May 1995078817.56$0
Apr 199501,29017.73$0
Mar 1995063416.44$0
Feb 1995082116.58$0
Jan 1995012715.92$0
Dec 199405315.03$0
Nov 199401915.90$0
Oct 19940015.58$0
Sep 19940015.29$0
Aug 199404516.13$0
Jul 1994043817.56$0
Jun 199401,05817.09$0
May 1994058115.88$0
Apr 1994048514.14$0
Mar 1994060212.46$0
Feb 1994077212.50$0
Jan 199401,04312.66$0
Dec 1993085212.33$0
Nov 1993075014.49$0
Oct 199301,13615.85$0
Sep 1993062415.03$0
Aug 1993072715.66$0
Jul 199307715.46$0
Jun 1993014416.79$0
May 1993039417.68$0
Apr 1993043518.05$0
Mar 1993052718.14$0
Feb 1993063817.90$0
Jan 1993098216.93$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.

Aug 2006 — as filed, then multipliedworked
Condensate             0 bbl  × $ 68.71 =         $0
Gas                   10 Mcf  × $  7.34 =        $73

────────────────────────────────────────────────────
Month total                                      $73

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/80872 is the state's own key, not one this site invented.