LOUIS

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 17387District 7CField 85279200OilCasinghead gasSave
Value, all time
$12.3 M
Jan 2011 – Feb 2016
Value, last 12 filed months
$687 k
at the published price for each month
Months reported
62
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
OilDisposition121,376 bbl$10,635,951
Casinghead gasProduction425,761 Mcf$1,675,516
Total$12,311,466

Wells on this lease (5)

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 31.5572, -102.0044. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.8 miles.

31.55658, -102.00531 · centre of 4 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%
5 of 5 wells
With a plug date
0.0%
0 of 5 wells
Median depth
11,147 ft
5 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
5100.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
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

Between 10,907 and 12,025 ft, median 11,147 ft, over the 5 wells that filed a depth.

Completions filed
Jan 2011 – Jul 2013
5 of 5 wells

5 wells

42-46138736311211,655 ftJul 2013Yes
42-46137269314212,025 ftJan 2013Yes
42-46137934313311,147 ftMar 2012Yes
42-46137069311411,103 ftMay 2011Yes
42-46137087313110,907 ftJan 2011Yes

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 (62)

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

62 months

Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20151,8578,31242.992.76$102,760
Aug 20152,4288,64540.162.87$122,341
Jul 20151,8748,01448.152.95$113,835
Jun 20151,6285,09856.152.88$106,109
May 20151,1825,09855.212.96$80,325
Apr 20151,6135,11249.822.71$94,196
Mar 20151,2984,08142.892.93$67,648
Feb 20151,83810,30244.662.98$112,746
Jan 20151,0857,64343.433.10$70,820
Dec 20146377,13954.693.59$60,476
Nov 20142,4307,43770.464.25$202,839
Oct 20142,9929,00978.303.90$269,417
Sep 20142,8529,26786.164.05$283,217
Aug 20142,0933,61189.394.04$201,664
Jul 20144,11716,20996.564.18$465,285
Jun 20142,95415,33598.164.74$362,605
May 20142,98818,28894.734.73$369,493
Apr 20142,29916,83395.944.81$301,518
Mar 20142,63215,88595.895.06$332,710
Feb 20142,93715,62397.406.19$382,801
Jan 20143,75016,70690.404.86$420,203
Dec 20132,39216,03291.824.35$289,444
Nov 20133,00918,59788.853.74$336,870
Oct 20133,69713,36597.423.78$410,673
Sep 20134,19815,035104.113.72$492,950
Aug 20135,78517,121104.253.52$663,397
Jul 20131,9916,281102.523.72$227,468
Jun 20132,9307,22594.403.93$305,011
May 20133,1309,58394.834.15$336,579
Apr 20133,4238,82193.964.28$359,402
Mar 20134,7393,55693.623.91$457,579
Feb 20132,1024,83491.233.42$208,297
Jan 20131,6803,85891.603.42$167,082
Dec 20121,2253,73686.773.42$119,071
Nov 20127002,24986.953.62$69,018
Oct 20121,0483,71089.383.40$106,283
Sep 20121,0464,20294.672.92$111,288
Aug 20121,3883,99392.662.91$140,224
Jul 20121,4134,10885.133.02$132,698
Jun 20121,4115,16079.822.52$125,624
May 20121,4105,87991.612.49$143,799
Apr 20121,6034,021101.652.00$170,974
Mar 20126941,927105.052.22$77,187
Feb 20121,2252,009101.102.57$129,011
Jan 20121,0542,32298.092.73$109,735
Dec 20117222,82496.873.24$79,089
Nov 20118833,24795.723.31$95,272
Oct 20111,2313,57784.983.65$117,661
Sep 20111,0504,26483.623.99$104,796
Aug 20111,2164,16983.404.15$118,713
Jul 20111,5635,01594.144.52$169,795
Jun 20112,1536,49892.904.64$230,164
May 20111,9555,61498.134.40$216,573
Apr 20112,3302,951105.964.33$259,674
Mar 20113,4925,16296.364.06$357,433
Feb 20111,9151,07985.644.18$168,511
Jan 20112,0899086.504.59$181,111

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 2015 — as filed, then multipliedworked
Oil                1,857 bbl  × $ 42.99 =    $79,832
Casinghead gas     8,312 Mcf  × $  2.76 =    $22,928

────────────────────────────────────────────────────
Month total                                 $102,760

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/17387 is the state's own key, not one this site invented.