JRS FARMS 24B

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 18288District 7CField 85279200OilCasinghead gasSaveExport
Value, all time
$9.1 M
Jun 2013 – Apr 2017
Value, last 12 filed months
$291 k
at the published price for each month
Months reported
47
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.

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
OilDisposition101,047 bbl$7,296,191
Casinghead gasProduction501,021 Mcf$1,777,241
Total$9,073,432

Wells on this lease (4)

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 31.6025, -101.9292. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.8 miles.

31.60312, -101.92847 · 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
25.0%
1 of 4 wells
With a plug date
25.0%
1 of 4 wells
Median depth
11,748 ft
4 wells filed one
Completion to plug
13 months
median over 1 well

What the state filed about each well

On the RRC proration schedule
125.0%
A plug date is filed
125.0%
BothOn the schedule and plugged. Neither fact cancels the other.
125.0%
NeitherNo plug date, and not on the schedule.
375.0%

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 11,618 and 11,818 ft, median 11,748 ft, over the 4 wells that filed a depth.

Completions filed
Jun 2013 – Dec 2023
4 of 4 wells
Plug dates filed
Jan 2025
1 of 4 wells; 3 filed none

Last completion to plug: a median of 13 months across the 1 well that filed both dates, with the middle half between 13 months and 13 months. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

4 wells

42-461389201211,818 ftDec 2023Jan 2025Yes
42-46138913711,815 ftSep 2013
42-46138876611,681 ftAug 2013
42-46138532411,618 ftJun 2013

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 (47)

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

47 months

Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
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 20161,53611,09341.622.92$96,368
Jun 20161,45210,63145.352.69$94,401
May 20161,83811,03542.521.99$100,123
Apr 20161,22210,34136.561.99$65,266
Mar 20161,87112,46233.011.79$84,119
Feb 20161,86211,26026.472.06$72,524
Jan 20161,87711,17127.352.36$77,748
Dec 20151,93510,74032.362.00$84,112
Nov 20151,64211,68038.792.17$89,008
Oct 20151,94513,23643.552.43$116,823
Sep 20152,04712,53742.992.76$122,583
Aug 20152,15714,78940.162.87$129,106
Jul 20152,42715,69648.152.95$163,086
Jun 20152,26613,14356.152.88$165,125
May 20152,65713,34355.212.96$186,128
Apr 20152,76011,89749.822.71$169,703
Mar 20152,78513,07242.892.93$157,811
Feb 20152,06012,33244.662.98$128,702
Jan 20153,14512,70443.433.10$175,978
Dec 20142,99012,82854.693.59$209,593
Nov 20143,10312,02170.464.25$269,749
Oct 20142,69712,60078.303.90$260,327
Sep 20142,64910,66486.164.05$271,378
Aug 20143,14516,24789.394.04$346,690
Jul 20143,01120,66396.564.18$377,105
Jun 20143,46720,83398.164.74$439,004
May 20144,20122,22294.734.73$502,994
Apr 20145,77223,65295.944.81$667,511
Mar 20145,11016,62595.895.06$574,067
Feb 20145,09016,97797.406.19$600,888
Jan 20142,8629,49790.404.86$304,887
Dec 20133,87312,42291.824.35$409,710
Nov 20132,48516,41288.853.74$282,145
Oct 20136,53426,56197.423.78$736,926
Sep 20133,87217,042104.113.72$466,472
Aug 2013702593104.253.52$75,272
Jul 201300102.523.72$0
Jun 20130094.403.93$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.

Jul 2016 — as filed, then multipliedworked
Oil                1,536 bbl  × $ 41.62 =    $63,928
Casinghead gas    11,093 Mcf  × $  2.92 =    $32,440

────────────────────────────────────────────────────
Month total                                  $96,368

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/18288 is the state's own key, not one this site invented.