PARROTT "969" UNIT

Operated by GUINN INVESTMENTS, INC. (P-5 337485) in the THROCKMORTON COUNTY REGULAR field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 24589District 7BField 89812001OilCasinghead gasSaveExport
Value, all time
$57 k
Jan 1993 – Jan 2006
Value, last 12 filed months
$6 k
at the published price for each month
Months reported
157
no gaps in the span
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 1,000 leases and 3,227 wells, and the rule below applies to all of them.

Discovered
1924-12-31
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

The Commission's schedule remark for this field reads: CLASS 4 W/DAILY 81 = 6000 TO 8000'

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
OilDisposition1,766 bbl$33,999
Casinghead gasProduction12,209 Mcf$23,474
Total$57,473

5,875 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 33.0618, -99.0646. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.06176, -99.06462 · 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
4,464 ft
1 wells filed one
Completion to plug
12.7 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 4,464 ft.

Completions filed
Aug 1992
1 of 1 wells
Plug dates filed
Apr 2005
1 of 1 wells

Last completion to plug: a median of 12.7 years across the 1 well that filed both dates, with the middle half between 12.7 years and 12.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4473478314,464 ftAug 1992Apr 2005Yes

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 (157)

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

157 months

Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 200589058.3413.80$5,192
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20058055.697.84$446
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 200401339.866.75$88
Nov 200401145.286.33$70
Oct 200402349.706.52$150
Sep 200403443.245.28$180
Aug 200403642.375.55$200
Jul 200403738.286.08$225
Jun 200404036.106.43$257
May 200403537.486.49$227
Apr 200403134.475.86$182
Mar 200404334.365.53$238
Feb 200402632.455.51$143
Jan 200402232.036.30$139
Dec 200302630.266.30$164
Nov 200302428.804.60$110
Oct 200302628.174.76$124
Sep 200302526.314.75$119
Aug 200303229.765.13$164
Jul 200303129.415.17$160
Jun 200302928.565.98$174
May 200303326.595.97$197
Apr 200303526.675.41$189
Mar 200304431.146.10$268
Feb 200304133.487.93$325
Jan 2003021230.315.58$1,183
Dec 200206326.914.85$306
Nov 200208024.664.14$331
Oct 200204926.464.23$207
Sep 200203827.443.64$138
Aug 200203525.963.16$111
Jul 2002018924.583.06$579
Jun 2002017223.733.34$574
May 200201924.663.58$68
Apr 200206023.653.51$211
Mar 2002010722.003.10$332
Feb 2002024018.222.38$570
Jan 2002015617.172.38$371
Dec 2001024016.932.36$567
Nov 2001029518.072.41$710
Oct 2001020319.782.53$513
Sep 20010024.262.25$0
Aug 200103824.873.05$116
Jul 2001025823.933.20$825
Jun 20010024.563.82$0
May 2001027325.524.31$1,176
Apr 2001019524.685.34$1,040
Mar 2001023824.545.38$1,280
Feb 2001021127.755.77$1,217
Jan 2001025827.478.40$2,167
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 20000328.422.86$9
Feb 2000010027.622.73$273
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 199901617.892.37$38
Jun 199902515.942.36$59
May 199906815.792.32$158
Apr 19990815.102.21$18
Mar 199901612.471.84$29
Feb 19990309.981.82$55
Jan 19990010.381.90$0
Dec 199876589.201.77$802
Nov 199805910.892.19$129
Oct 199805812.421.97$114
Sep 199804712.592.08$98
Aug 1998937411.301.91$1,192
Jul 199806811.742.24$152
Jun 199809511.242.24$213
May 1998011512.622.21$254
Apr 199801413.042.51$35
Mar 19980012.802.31$0
Feb 199802013.952.30$46
Jan 1998715914.702.15$1,171
Dec 199704416.322.41$106
Nov 1997326818.193.09$792
Oct 1997456219.253.15$1,062
Sep 19974211417.742.95$1,082
Aug 1997328817.862.55$796
Jul 19976410417.582.25$1,359
Jun 199709617.242.26$217
May 19971197118.972.31$2,421
Apr 1997013017.882.08$271
Mar 199709318.951.94$180
Feb 19971119220.492.21$2,477
Jan 1997011323.483.54$400
Dec 1996269823.32$606
Nov 1996011221.97$0
Oct 1996339823.31$769
Sep 1996365822.22$800
Aug 1996316820.26$628
Jul 1996369019.55$704
Jun 1996637818.73$1,180
May 1996010119.43$0
Apr 1996395821.51$839
Mar 1996607419.38$1,163
Feb 199607016.98$0
Jan 1996385417.07$649
Dec 1995367417.19$619
Nov 1995245916.00$384
Oct 1995826215.43$1,265
Sep 199507116.18$0
Aug 199501215.92$0
Jul 199506115.24$0
Jun 1995477716.41$771
May 199505817.56$0
Apr 1995376017.73$656
Mar 199507616.44$0
Feb 199502516.58$0
Jan 1995013615.92$0
Dec 19948418215.03$1,263
Nov 1994015715.90$0
Oct 19942722615.58$421
Sep 1994025615.29$0
Aug 1994025716.13$0
Jul 19944024917.56$702
Jun 1994035417.09$0
May 19945026815.88$794
Apr 1994039814.14$0
Mar 19949361312.46$1,159
Feb 1994080512.50$0
Jan 1994020812.66$0
Dec 19930112.33$0
Nov 19930114.49$0
Oct 19930115.85$0
Sep 19930215.03$0
Aug 19930115.66$0
Jul 19930215.46$0
Jun 19930216.79$0
May 199363217.68$1,114
Apr 199302518.05$0
Mar 199306018.14$0
Feb 199304217.90$0
Jan 1993393316.93$660

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.

Oct 2005 — as filed, then multipliedworked
Oil                   89 bbl  × $ 58.34 =     $5,192
Casinghead gas         0 Mcf  × $ 13.80 =         $0

────────────────────────────────────────────────────
Month total                                   $5,192

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/24589 is the state's own key, not one this site invented.