PAGE E

Operated by PARALLEL PETROLEUM CORPORATION (P-5 639025) in the PAGE field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 19128District 7CField 68349001Hydrogen sulphide fieldGasSaveExport
Value, all time
$44 k
Jan 1993 – Jan 2009
Value, last 12 filed months
$292
at the published price for each month
Months reported
193
no gaps in the span
Streams
1
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 14 leases and 37 wells, and the rule below applies to all of them.

Discovered
1939-12-31
as the register files it
Field class
Oil and gas
the register's own label
Between wells
933 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2004-10-01.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: AOF-1 AND AOF-2 EFFECTIVE 11/01/2004.

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
GasProduction20,729 Mcf$44,256
Total$44,256

9,593 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 30.8148, -100.4518. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.81475, -100.45176 · 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
5,420 ft
1 wells filed one
Completion to plug
68.5 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 5,420 ft.

Completions filed
Jul 1940
1 of 1 wells
Plug dates filed
Jan 2009
1 of 1 wells

Last completion to plug: a median of 68.5 years across the 1 well that filed both dates, with the middle half between 68.5 years and 68.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4130012745,420 ftJul 1940Jan 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 (193)

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

193 months

Jan 2009035.865.37$0
Dec 2008037.105.98$0
Nov 2008255.496.86$14
Oct 2008175.246.92$7
Sep 20080101.767.88$0
Aug 200816114.228.48$136
Jul 20080131.0811.39$0
Jun 20080131.3313.03$0
May 20080123.1711.57$0
Apr 200813110.3110.45$136
Mar 20080101.909.66$0
Feb 2008092.538.77$0
Jan 2008090.388.21$0
Dec 20071188.337.30$80
Nov 20071191.677.29$80
Oct 20071382.856.92$90
Sep 2007075.846.24$0
Aug 2007069.066.39$0
Jul 2007070.906.39$0
Jun 2007062.007.55$0
May 2007058.747.85$0
Apr 2007059.617.81$0
Mar 2007056.927.30$0
Feb 2007055.108.22$0
Jan 2007050.306.73$0
Dec 20068256.656.92$567
Nov 2006054.207.62$0
Oct 2006054.906.01$0
Sep 2006260.085.04$10
Aug 200616268.717.34$1,189
Jul 200615169.376.34$958
Jun 200646966.286.38$2,994
May 2006066.016.42$0
Apr 2006064.397.36$0
Mar 2006056.707.08$0
Feb 2006057.597.75$0
Jan 20064160.598.93$366
Dec 200512954.9413.42$1,731
Nov 20053954.6910.59$413
Oct 20053458.3413.80$469
Sep 20053361.4512.08$399
Aug 20052761.519.80$265
Jul 2005055.697.84$0
Jun 20051152.337.38$81
May 20054445.226.65$293
Apr 200514149.207.36$1,038
Mar 20053150.377.15$222
Feb 2005045.226.31$0
Jan 2005043.166.32$0
Dec 2004039.866.75$0
Nov 2004045.286.33$0
Oct 2004049.706.52$0
Sep 2004043.245.28$0
Aug 2004042.375.55$0
Jul 2004038.286.08$0
Jun 2004036.106.43$0
May 2004037.486.49$0
Apr 2004034.475.86$0
Mar 2004034.365.53$0
Feb 2004032.455.51$0
Jan 200418132.036.30$1,140
Dec 200310830.266.30$681
Nov 200322328.804.60$1,025
Oct 200351928.174.76$2,470
Sep 20031026.314.75$47
Aug 200325529.765.13$1,308
Jul 200316029.415.17$827
Jun 20034628.565.98$275
May 20037426.595.97$442
Apr 200314926.675.41$806
Mar 20037531.146.10$457
Feb 200317033.487.93$1,347
Jan 200323830.315.58$1,329
Dec 200224326.914.85$1,179
Nov 200227724.664.14$1,146
Oct 2002626.464.23$25
Sep 20021127.443.64$40
Aug 2002125.963.16$3
Jul 2002224.583.06$6
Jun 2002023.733.34$0
May 2002124.663.58$4
Apr 200213123.653.51$460
Mar 20021822.003.10$56
Feb 200212118.222.38$287
Jan 200214217.172.38$337
Dec 20014416.932.36$104
Nov 20012518.072.41$60
Oct 20012819.782.53$71
Sep 20013124.262.25$70
Aug 20014424.873.05$134
Jul 20014623.933.20$147
Jun 20015024.563.82$191
May 20015125.524.31$220
Apr 20014824.685.34$256
Mar 20013624.545.38$194
Feb 20014727.755.77$271
Jan 20015127.478.40$428
Dec 20005126.889.12$465
Nov 20004732.215.66$266
Oct 20004231.235.15$216
Sep 20001031.875.19$52
Aug 2000229.644.54$9
Jul 20001528.534.09$61
Jun 2000729.304.40$31
May 20004127.263.68$151
Apr 20002424.513.12$75
Mar 20003228.422.86$92
Feb 20002827.622.73$76
Jan 200012225.272.48$303
Dec 19993424.282.42$82
Nov 19992123.192.43$51
Oct 19997020.982.80$196
Sep 19992021.752.62$52
Aug 199923319.262.88$670
Jul 199910317.892.37$244
Jun 199919715.942.36$465
May 19998015.792.32$186
Apr 19995415.102.21$119
Mar 19997212.471.84$132
Feb 1999639.981.82$115
Jan 199921710.381.90$412
Dec 19982249.201.77$397
Nov 199819810.892.19$433
Oct 199817312.421.97$341
Sep 199817212.592.08$358
Aug 199822611.301.91$431
Jul 199822511.742.24$503
Jun 1998011.242.24$0
May 199827312.622.21$602
Apr 199812413.042.51$311
Mar 199836112.802.31$834
Feb 199821213.952.30$487
Jan 199822714.702.15$489
Dec 199717616.322.41$424
Nov 1997118.193.09$3
Oct 199727219.253.15$857
Sep 199718317.742.95$541
Aug 199726417.862.55$674
Jul 19979917.582.25$222
Jun 199732717.242.26$738
May 199728918.972.31$667
Apr 1997017.882.08$0
Mar 199713918.951.94$270
Feb 199711620.492.21$256
Jan 199714523.483.54$513
Dec 19965823.32$0
Nov 19966121.97$0
Oct 19963923.31$0
Sep 19967922.22$0
Aug 199612120.26$0
Jul 199618519.55$0
Jun 199614518.73$0
May 199631619.43$0
Apr 199626121.51$0
Mar 1996119.38$0
Feb 19969216.98$0
Jan 19969017.07$0
Dec 199558117.19$0
Nov 19956416.00$0
Oct 19955415.43$0
Sep 199524616.18$0
Aug 199528715.92$0
Jul 19952515.24$0
Jun 1995616.41$0
May 199549917.56$0
Apr 19951817.73$0
Mar 19954816.44$0
Feb 19956816.58$0
Jan 199521615.92$0
Dec 199411215.03$0
Nov 199415615.90$0
Oct 19941,04415.58$0
Sep 199411715.29$0
Aug 199437916.13$0
Jul 199426217.56$0
Jun 199429217.09$0
May 19948015.88$0
Apr 19941014.14$0
Mar 199495612.46$0
Feb 199437412.50$0
Jan 199426212.66$0
Dec 199311312.33$0
Nov 199319814.49$0
Oct 199323115.85$0
Sep 19939815.03$0
Aug 199314615.66$0
Jul 19934515.46$0
Jun 199313416.79$0
May 199321917.68$0
Apr 199314818.05$0
Mar 199335018.14$0
Feb 199318817.90$0
Jan 199311916.93$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.

Nov 2008 — as filed, then multipliedworked
Gas                    2 Mcf  × $  6.86 =        $14

────────────────────────────────────────────────────
Month total                                      $14

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. 7C/G/19128 is the state's own key, not one this site invented.