COX, C. J. "C"

Operated by PARKER & PARSLEY DEVELOPMENT L.P (P-5 640886) in the CALVIN (DEAN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 11906District 7CField 14937333OilCasinghead gasSaveExport
Value, all time
$56 k
Jan 1993 – Feb 1996
Value, last 12 filed months
$14 k
at the published price for each month
Months reported
38
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 498 leases and 1,074 wells, and the rule below applies to all of them.

Discovered
1965-11-17
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
660 ft
minimum

A drilling unit in this field needs at least 80 acres.

The Commission's schedule remark for this field reads: 7C,08-0209914

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
OilDisposition3,529 bbl$55,507
Casinghead gasProduction28,865 Mcf$0
Total$55,507

28,865 Mcf of this lease's gas, across 34 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.

Every month this lease reported (38)

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

38 months

Feb 19960016.98$0
Jan 19960017.07$0
Dec 19950017.19$0
Nov 19950016.00$0
Oct 199519445515.43$2,993
Sep 199517941316.18$2,896
Aug 199501,06415.92$0
Jul 199518140215.24$2,758
Jun 1995036416.41$0
May 199517349917.56$3,038
Apr 1995035917.73$0
Mar 199516971716.44$2,778
Feb 199517575116.58$2,902
Jan 1995084415.92$0
Dec 19941771,01515.03$2,660
Nov 1994092015.90$0
Oct 199418592115.58$2,882
Sep 199401,10915.29$0
Aug 19941751,03516.13$2,823
Jul 199401,06117.56$0
Jun 199417786117.09$3,025
May 199401,00215.88$0
Apr 199418193714.14$2,559
Mar 1994087112.46$0
Feb 199417877612.50$2,225
Jan 1994076212.66$0
Dec 19931721,08412.33$2,121
Nov 19931761,01814.49$2,550
Oct 1993098615.85$0
Sep 19931761,27215.03$2,645
Aug 199301,21815.66$0
Jul 199317584415.46$2,706
Jun 19931741,03616.79$2,921
May 1993073617.68$0
Apr 199317384618.05$3,123
Mar 199301,03318.14$0
Feb 199316678317.90$2,971
Jan 199317387116.93$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.

Oct 1995 — as filed, then multipliedworked
Oil                  194 bbl  × $ 15.43 =     $2,993
Casinghead gas       455 Mcf  ×  no price            —

────────────────────────────────────────────────────
Month total                                   $2,993

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/O/11906 is the state's own key, not one this site invented.