BARRETT "86"

Operated by PARSLEY ENERGY OPERATIONS, LLC (P-5 642652) in the SPRABERRY (TREND AREA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 12176District 7CField 85279200NGPA filingOilCasinghead gasSaveExport
Value, all time
$1.5 M
Jan 1993 – Mar 2017
Value, last 12 filed months
$3 k
at the published price for each month
Months reported
291
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 7,461 leases and 22,481 wells, and the rule below applies to all of them.

Discovered
1904-12-31
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 2016-03-08.

The Commission's schedule remark for this field reads: AREA) 85279200.

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
NGPA1none

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
OilDisposition28,575 bbl$864,927
Casinghead gasProduction226,828 Mcf$607,993
Total$1,472,921

84,497 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 31.6363, -101.9633. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.63625, -101.96331 · 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
9,170 ft
1 wells filed one
Completion to plug
30.0 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 9,170 ft.

Completions filed
Feb 1987
1 of 1 wells
Plug dates filed
Feb 2017
1 of 1 wells

Last completion to plug: a median of 30.0 years across the 1 well that filed both dates, with the middle half between 30.0 years and 30.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4613261719,170 ftFeb 1987Feb 2017Yes

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 (291)

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

291 months

Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 201766049.413.42$3,261
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160242.521.99$4
Apr 20160336.561.99$6
Mar 20160433.011.79$7
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150332.362.00$6
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 201503342.992.76$91
Aug 201509540.162.87$273
Jul 2015013248.152.95$389
Jun 20154713256.152.88$3,020
May 2015012855.212.96$378
Apr 20153516149.822.71$2,179
Mar 20155316942.892.93$2,769
Feb 2015015244.662.98$452
Jan 20153321943.433.10$2,112
Dec 20142818654.693.59$2,199
Nov 2014012770.464.25$540
Oct 20142319278.303.90$2,550
Sep 20141912786.164.05$2,151
Aug 2014015289.394.04$613
Jul 20142614096.564.18$3,096
Jun 2014518298.164.74$5,395
May 20145314894.734.73$5,720
Apr 2014012395.944.81$592
Mar 20144912295.895.06$5,316
Feb 20147313697.406.19$7,952
Jan 20142415690.404.86$2,928
Dec 201306491.824.35$279
Nov 2013486288.853.74$4,497
Oct 2013559797.423.78$5,725
Sep 2013057104.113.72$212
Aug 20132938104.253.52$3,157
Jul 20131932102.523.72$2,067
Jun 2013202694.403.93$1,990
May 2013193394.834.15$1,939
Apr 2013493893.964.28$4,767
Mar 2013257393.623.91$2,626
Feb 2013247691.233.42$2,449
Jan 2013427291.603.42$4,093
Dec 201208486.773.42$287
Nov 2012477086.953.62$4,340
Oct 20124611789.383.40$4,509
Sep 2012266294.672.92$2,642
Aug 2012501892.662.91$4,685
Jul 2012265285.133.02$2,370
Jun 20122512279.822.52$2,303
May 20125012491.612.49$4,889
Apr 201225155101.652.00$2,851
Mar 201252148105.052.22$5,791
Feb 201225152101.102.57$2,918
Jan 2012264998.092.73$2,684
Dec 20113813496.873.24$4,115
Nov 20113525195.723.31$4,181
Oct 20113426484.983.65$3,853
Sep 20111723783.623.99$2,366
Aug 20111920483.404.15$2,431
Jul 20116020494.144.52$6,570
Jun 20119024392.904.64$9,488
May 20118827798.134.40$9,856
Apr 201189233105.964.33$10,440
Mar 201113226796.364.06$13,803
Feb 20114022985.644.18$4,383
Jan 20116427286.504.59$6,784
Dec 20103622385.734.35$4,056
Nov 20108224480.843.80$7,555
Oct 201015429778.103.51$13,070
Sep 20106731572.633.98$6,120
Aug 20103329273.684.42$3,722
Jul 20106725672.554.74$6,073
Jun 20109122370.364.91$7,498
May 20104621371.124.24$4,174
Apr 201011426181.694.12$10,389
Mar 20104340778.394.39$5,157
Feb 20107043673.585.44$7,523
Jan 201014651574.365.96$13,928
Dec 20093555671.445.48$5,549
Nov 20098554474.593.75$8,381
Oct 20094266872.544.11$5,792
Sep 200911461665.543.06$9,359
Aug 200911369867.423.22$9,865
Jul 20092873661.133.46$4,262
Jun 20095562066.163.90$6,054
May 20096666454.743.93$6,220
Apr 20093154146.773.59$3,391
Mar 20096259342.144.06$5,020
Feb 20093255132.814.63$3,603
Jan 20096251335.865.37$4,979
Dec 20083257537.105.98$4,624
Nov 20083155155.496.86$5,500
Oct 20085772975.246.92$9,335
Sep 200831393101.767.88$6,250
Aug 200862736114.228.48$13,325
Jul 2008511,007131.0811.39$18,154
Jun 20080633131.3313.03$8,250
May 200829522123.1711.57$9,614
Apr 200888744110.3110.45$17,486
Mar 200829709101.909.66$9,807
Feb 20086766892.538.77$12,058
Jan 20087162390.388.21$11,529
Dec 20073066688.337.30$7,513
Nov 200710566791.677.29$14,489
Oct 2007073282.856.92$5,067
Sep 20073667575.846.24$6,945
Aug 20073865969.066.39$6,834
Jul 20077075770.906.39$9,799
Jun 20075987462.007.55$10,255
May 20072185658.747.85$7,950
Apr 20071078759.617.81$6,739
Mar 20072735956.927.30$4,158
Feb 2007031755.108.22$2,604
Jan 20073433250.306.73$3,944
Dec 20062834756.656.92$3,987
Nov 2006021754.207.62$1,653
Oct 20061929654.906.01$2,823
Sep 20061231360.085.04$2,298
Aug 20062332668.717.34$3,973
Jul 20063731869.376.34$4,584
Jun 20061530066.286.38$2,909
May 20063330266.016.42$4,119
Apr 2006035964.397.36$2,642
Mar 2006032156.707.08$2,274
Feb 20068436657.597.75$7,674
Jan 20063641060.598.93$5,844
Dec 20056832654.9413.42$8,109
Nov 2005039854.6910.59$4,214
Oct 20056344858.3413.80$9,856
Sep 20056029861.4512.08$7,287
Aug 20053345461.519.80$6,478
Jul 2005048855.697.84$3,828
Jun 20056930552.337.38$5,862
May 2005041645.226.65$2,767
Apr 20055341949.207.36$5,692
Mar 200510858750.377.15$9,640
Feb 2005046245.226.31$2,916
Jan 200510354743.166.32$7,904
Dec 2004052839.866.75$3,565
Nov 200411155345.286.33$8,527
Oct 20047258449.706.52$7,383
Sep 20041755843.245.28$3,684
Aug 20046730942.375.55$4,554
Jul 20044365738.286.08$5,643
Jun 20043647236.106.43$4,336
May 20046751437.486.49$5,849
Apr 200412466934.475.86$8,194
Mar 20047771534.365.53$6,600
Feb 20046869032.455.51$6,008
Jan 20049668032.036.30$7,359
Dec 20038668430.266.30$6,913
Nov 200312653128.804.60$6,069
Oct 20039768428.174.76$5,988
Sep 20036364226.314.75$4,707
Aug 20039667629.765.13$6,325
Jul 200310367529.415.17$6,520
Jun 20036768528.565.98$6,012
May 20039367526.595.97$6,504
Apr 200314164926.675.41$7,270
Mar 20037974631.146.10$7,008
Feb 20032658133.487.93$5,475
Jan 20035660430.315.58$5,069
Dec 200211560226.914.85$6,017
Nov 20023858724.664.14$3,365
Oct 20026755926.464.23$4,137
Sep 20026063727.443.64$3,962
Aug 20027154925.963.16$3,580
Jul 20022943324.583.06$2,039
Jun 200211864923.733.34$4,967
May 20026171924.663.58$4,081
Apr 200211269923.653.51$5,104
Mar 200213481122.003.10$5,464
Feb 20027080218.222.38$3,181
Jan 20023188417.172.38$2,632
Dec 200115082516.932.36$4,490
Nov 20015974518.072.41$2,858
Oct 200111885919.782.53$4,506
Sep 20016084224.262.25$3,351
Aug 20016093324.873.05$4,341
Jul 200111682823.933.20$5,423
Jun 200111895224.563.82$6,539
May 20015670725.524.31$4,474
Apr 20018378924.685.34$6,258
Mar 20018380024.545.38$6,338
Feb 20019473127.755.77$6,824
Jan 20014880027.478.40$8,038
Dec 20001231,04726.889.12$12,858
Nov 20007679832.215.66$6,963
Oct 20001151,05331.235.15$9,010
Sep 20001031,14831.875.19$9,237
Aug 20001111,22729.644.54$8,862
Jul 2000751,08328.534.09$6,569
Jun 200010689729.304.40$7,050
May 20001311,26127.263.68$8,211
Apr 20001241,25524.513.12$6,950
Mar 2000881,27828.422.86$6,156
Feb 20001131,19627.622.73$6,382
Jan 20001341,28125.272.48$6,564
Dec 19991711,33424.282.42$7,385
Nov 1999961,34823.192.43$5,507
Oct 19991721,09520.982.80$6,679
Sep 19991011,41721.752.62$5,908
Aug 19991261,52019.262.88$6,798
Jul 19991351,50317.892.37$5,981
Jun 19991171,53015.942.36$5,479
May 19991151,21015.792.32$4,624
Apr 19991091,38015.102.21$4,693
Mar 19991111,65112.471.84$4,419
Feb 19991221,5429.981.82$4,021
Jan 19991841,79010.381.90$5,311
Dec 19981291,7019.201.77$4,203
Nov 19981221,74210.892.19$5,136
Oct 19982961,86612.421.97$7,351
Sep 19981521,82912.592.08$5,723
Aug 19981271,59011.301.91$4,468
Jul 19981381,84211.742.24$5,741
Jun 19981111,78411.242.24$5,239
May 1998691,61612.622.21$4,436
Apr 19981781,80013.042.51$6,831
Mar 19981661,69312.802.31$6,035
Feb 19981941,47213.952.30$6,091
Jan 19981761,64014.702.15$6,121
Dec 19971771,50416.322.41$6,515
Nov 19971421,28318.193.09$6,545
Oct 19972201,19619.253.15$8,002
Sep 19971261,15417.742.95$5,645
Aug 19972051,19617.862.55$6,717
Jul 19971431,14817.582.25$5,093
Jun 19971611,13217.242.26$5,331
May 19971481,32918.972.31$5,876
Apr 19971721,53017.882.08$6,262
Mar 19971831,56218.951.94$6,497
Feb 19971221,29020.492.21$5,345
Jan 199718994923.483.54$7,797
Dec 19962341,57323.32$5,457
Nov 19961681,56021.97$3,691
Oct 19961981,94423.31$4,615
Sep 19962281,74622.22$5,066
Aug 19961821,86020.26$3,687
Jul 19962781,95219.55$5,435
Jun 19962361,76518.73$4,420
May 19962541,92319.43$4,935
Apr 19961611,80621.51$3,463
Mar 19961871,31319.38$3,624
Feb 19961871,79716.98$3,175
Jan 19962381,98817.07$4,063
Dec 19952132,03417.19$3,661
Nov 19952892,14116.00$4,624
Oct 19952132,17515.43$3,287
Sep 19952102,01916.18$3,398
Aug 19952122,15715.92$3,375
Jul 19952962,20715.24$4,511
Jun 19952212,19016.41$3,627
May 19952052,27917.56$3,600
Apr 19953101,92017.73$5,496
Mar 19952512,20516.44$4,126
Feb 19952872,00516.58$4,758
Jan 19952542,10315.92$4,044
Dec 19942561,91015.03$3,848
Nov 19942761,97315.90$4,388
Oct 19942932,13715.58$4,565
Sep 19942911,92315.29$4,449
Aug 19943371,96316.13$5,436
Jul 19942121,97717.56$3,723
Jun 19942921,88817.09$4,990
May 19943201,66915.88$5,082
Apr 19942121,15514.14$2,998
Mar 19942841,48112.46$3,539
Feb 19943311,38412.50$4,138
Jan 19943401,42812.66$4,304
Dec 19932841,13112.33$3,502
Nov 19932451,22314.49$3,550
Oct 19932582,16115.85$4,089
Sep 19932731,39515.03$4,103
Aug 19933641,53015.66$5,700
Jul 199324095915.46$3,710
Jun 19932791,59016.79$4,684
May 19933421,52517.68$6,047
Apr 19933221,21018.05$5,812
Mar 19933951,46118.14$7,165
Feb 19933351,44217.90$5,997
Jan 19933061,32016.93$5,181

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.

Jan 2017 — as filed, then multipliedworked
Oil                   66 bbl  × $ 49.41 =     $3,261
Casinghead gas         0 Mcf  × $  3.42 =         $0

────────────────────────────────────────────────────
Month total                                   $3,261

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/12176 is the state's own key, not one this site invented.