PARSONS, INA MAE

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

Oil lease lease 20523District 7BField 69450300OilCasinghead gasSave
Value, all time
$71 k
Jan 1993 – Jan 1998
Value, last 12 filed months
$3 k
at the published price for each month
Months reported
61
no gaps in the span
Streams
2
oil, casinghead gas

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
OilDisposition4,301 bbl$69,965
Casinghead gasProduction47,373 Mcf$1,393
Total$71,358

46,926 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 (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 32.1046, -99.4174. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.10462, -99.41736 · 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
4,115 ft
1 wells filed one
Completion to plug
19.5 years
median over 1 wells

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 4,115 ft.

Completions filed
May 1978
1 of 1 wells
Plug dates filed
Nov 1997
1 of 1 wells

Last completion to plug: a median of 19.5 years across the 1 well that filed both dates, with the middle half between 19.5 years and 19.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-0593193214,115 ftMay 1978Nov 1997Yes

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 (61)

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

61 months

Jan 19980014.702.15$0
Dec 19970016.322.41$0
Nov 19970018.193.09$0
Oct 19970019.253.15$0
Sep 19975017.742.95$89
Aug 1997122017.862.55$2,179
Jul 19970017.582.25$0
Jun 19970017.242.26$0
May 19970018.972.31$0
Apr 19970017.882.08$0
Mar 19970018.951.94$0
Feb 1997014220.492.21$313
Jan 1997030523.483.54$1,080
Dec 1996031723.32$0
Nov 1996054221.97$0
Oct 1996055723.31$0
Sep 1996054622.22$0
Aug 19962059920.26$405
Jul 19964359319.55$841
Jun 19967457218.73$1,386
May 19962663119.43$505
Apr 199612763221.51$2,732
Mar 1996041719.38$0
Feb 19963654316.98$611
Jan 19963263917.07$546
Dec 19953467817.19$584
Nov 19953863816.00$608
Oct 19954478015.43$679
Sep 19955280416.18$841
Aug 19955179415.92$812
Jul 19955990715.24$899
Jun 199501,01516.41$0
May 1995451,02117.56$790
Apr 19954491217.73$780
Mar 19954799916.44$773
Feb 19955393016.58$879
Jan 1995881,09915.92$1,401
Dec 1994651,13615.03$977
Nov 19941061,12615.90$1,685
Oct 19941001,20515.58$1,558
Sep 1994981,18015.29$1,498
Aug 19941021,24516.13$1,645
Jul 19941111,22017.56$1,949
Jun 19941021,17817.09$1,743
May 19941081,18915.88$1,715
Apr 1994931,17114.14$1,315
Mar 19941221,18612.46$1,520
Feb 19941501,05012.50$1,875
Jan 19941341,12112.66$1,696
Dec 19931451,06712.33$1,788
Nov 19931541,04614.49$2,231
Oct 19931421,06515.85$2,251
Sep 19931401,30715.03$2,104
Aug 19931221,58215.66$1,911
Jul 19931111,62215.46$1,716
Jun 19931201,61416.79$2,015
May 19931561,60917.68$2,758
Apr 19931381,45418.05$2,491
Mar 19932821,45118.14$5,115
Feb 19932871,20317.90$5,137
Jan 199317373416.93$2,929

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.

Sep 1997 — as filed, then multipliedworked
Oil                    5 bbl  × $ 17.74 =        $89
Casinghead gas         0 Mcf  × $  2.95 =         $0

────────────────────────────────────────────────────
Month total                                      $89

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/O/20523 is the state's own key, not one this site invented.