HUGH 27

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

Oil lease lease 18147District 7CField 22490475OilCasinghead gasSaveExport
Value, all time
$9.0 M
Jan 2013 – Mar 2020
Value, last 12 filed months
$240 k
at the published price for each month
Months reported
87
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 14 leases and 25 wells, and the rule below applies to all of them.

Discovered
1997-10-15
as the register files it
Field class
Oil
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: #85280300 EFF 12/01/2019

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
OilDisposition98,693 bbl$7,137,593
Casinghead gasProduction487,223 Mcf$1,812,651
Total$8,950,244

Wells on this lease (2)

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 31.6015, -101.8601. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

31.60154, -101.86014 · 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%
2 of 2 wells
With a plug date
50.0%
1 of 2 wells
Median depth
11,884 ft
2 wells filed one
Completion to plug
10.1 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
2100.0%
A plug date is filed
150.0%
BothOn the schedule and plugged. Neither fact cancels the other.
150.0%
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 11,860 and 11,907 ft, median 11,884 ft, over the 2 wells that filed a depth.

Completions filed
Jan 2013 – Oct 2013
2 of 2 wells
Plug dates filed
Feb 2023
1 of 2 wells; 1 filed none

Last completion to plug: a median of 10.1 years across the 1 well that filed both dates, with the middle half between 10.1 years and 10.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-46138872211,860 ftOct 2013Yes
42-46138460111,907 ftJan 2013Feb 2023Yes

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 (87)

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

87 months

Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20194742,35855.302.75$32,698
Oct 20194032,09653.472.42$26,618
Sep 20193322,58155.052.66$25,135
Aug 20193172,81553.112.30$23,323
Jul 20194302,81556.272.46$31,121
Jun 20193492,52552.782.49$24,711
May 20195612,65558.482.74$40,083
Apr 20194872,18762.632.75$36,517
Mar 20194712,46456.803.06$34,298
Feb 20195252,18650.852.79$32,800
Jan 20197692,49246.033.23$43,442
Dec 20184881,68546.594.19$29,788
Nov 20186822,67352.934.24$47,424
Oct 20183522,30061.443.40$29,442
Sep 20186063,04459.543.11$45,542
Aug 20183773,76859.403.07$33,949
Jul 20186953,97265.142.93$56,918
Jun 20186363,72060.183.08$49,721
May 20187104,01065.382.90$58,052
Apr 20181,0193,81563.842.90$76,120
Mar 20185332,12461.222.79$38,550
Feb 20189983,22161.782.77$70,566
Jan 20189743,52462.874.01$75,364
Dec 20179363,52457.272.92$63,900
Nov 20177043,18755.423.12$48,954
Oct 20175501,86249.292.98$32,665
Sep 20175311,41047.523.09$29,586
Aug 20174441,54845.373.00$24,795
Jul 20178261,85443.873.09$41,960
Jun 20179432,79842.493.09$48,706
May 20171,1685,52145.373.26$71,009
Apr 20171,1997,71847.933.21$82,255
Mar 20171,6076,14146.772.98$93,482
Feb 20171,0906,74250.452.95$74,897
Jan 20171,1694,56849.413.42$73,377
Dec 20161,7084,25148.763.72$99,108
Nov 20161,1825,52342.492.64$64,828
Oct 20161,5088,53946.193.09$96,042
Sep 20161,3474,86441.553.10$71,049
Aug 201671574941.442.92$31,820
Jul 20165091,46741.622.92$25,475
Jun 20166804,24445.352.69$42,237
May 20167222,24642.521.99$35,171
Apr 20166731,87236.561.99$28,332
Mar 20166733,83633.011.79$29,098
Feb 20169934,06326.472.06$34,669
Jan 20165973,99127.352.36$25,764
Dec 20158893,24932.362.00$35,271
Nov 20159172,02638.792.17$39,961
Oct 20156713,98543.552.43$38,892
Sep 20156663,86842.992.76$39,301
Aug 20156393,50140.162.87$35,719
Jul 20158495,15648.152.95$56,064
Jun 20159015,72556.152.88$67,096
May 20157665,81855.212.96$59,486
Apr 20151,2666,05849.822.71$79,469
Mar 20157733,53442.892.93$43,525
Feb 20158174,86244.662.98$50,957
Jan 20151,4886,46843.433.10$84,679
Dec 20141,3647,11954.693.59$100,164
Nov 20141,1617,11570.464.25$112,056
Oct 20141,0938,24278.303.90$117,734
Sep 20148339,49286.164.05$110,171
Aug 20141,11610,16489.394.04$140,772
Jul 20141,11812,88196.564.18$161,792
Jun 201498912,76898.164.74$157,561
May 20141,6749,30894.734.73$202,573
Apr 20141,9819,75095.944.81$236,946
Mar 20142,34213,46595.895.06$292,664
Feb 20144,42317,30597.406.19$537,953
Jan 20147,24335,26090.404.86$826,156
Dec 20135,12024,07291.824.35$574,939
Nov 20131,93312,46188.853.74$218,330
Oct 20134,22541,50397.423.78$568,454
Sep 20131,7105,631104.113.72$198,963
Aug 20135,0080104.253.52$522,084
Jul 20131,2325,157102.523.72$145,477
Jun 20131,9587,92794.403.93$216,015
May 20131,4196,01294.834.15$159,508
Apr 20131,064093.964.28$99,973
Mar 20132,34912,66693.623.91$269,474
Feb 20131,0347,12791.233.42$118,706
Jan 20130091.603.42$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 2019 — as filed, then multipliedworked
Oil                  474 bbl  × $ 55.30 =    $26,212
Casinghead gas     2,358 Mcf  × $  2.75 =     $6,486

────────────────────────────────────────────────────
Month total                                  $32,698

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/18147 is the state's own key, not one this site invented.