JRS FARMS 18C

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 18762District 7CField 85279200OilCasinghead gasSaveExport
Value, all time
$4.3 M
Jun 2013 – Mar 2017
Value, last 12 filed months
$238 k
at the published price for each month
Months reported
46
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
OilDisposition47,812 bbl$3,408,986
Casinghead gasProduction241,638 Mcf$885,124
Total$4,294,110

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 31.6217, -101.9242. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.7 miles.

31.62169, -101.92416 · 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
0.0%
0 of 2 wells
With a plug date
0.0%
0 of 2 wells
Median depth
11,499 ft
2 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
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.
2100.0%

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 11,326 and 11,672 ft, median 11,499 ft, over the 2 wells that filed a depth.

Completions filed
Jun 2013 – Nov 2013
2 of 2 wells

2 wells

42-461389411011,326 ftNov 2013
42-46138759911,672 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 (46)

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

46 months

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 20165472,88841.553.10$31,682
Aug 20166633,87541.442.92$38,807
Jul 20167104,10241.622.92$41,546
Jun 20167384,13545.352.69$44,574
May 20168534,29142.521.99$44,813
Apr 20167853,78136.561.99$36,228
Mar 20168392,23933.011.79$31,712
Feb 20167712,34426.472.06$25,246
Jan 20168374,67027.352.36$33,934
Dec 20159434,98032.362.00$40,483
Nov 20158255,22038.792.17$43,315
Oct 20151,2126,16443.552.43$67,740
Sep 20159914,75142.992.76$55,708
Aug 20151,0125,93840.162.87$57,699
Jul 20158955,28148.152.95$58,647
Jun 20159425,21256.152.88$67,919
May 20151,0746,64555.212.96$78,935
Apr 20151,3257,24149.822.71$85,610
Mar 20151,4516,67342.892.93$81,817
Feb 20157446,36744.662.98$52,176
Jan 20151,4026,47643.433.10$80,969
Dec 20141,4437,05854.693.59$104,265
Nov 20141,0676,38670.464.25$102,333
Oct 20141,2178,11878.303.90$126,959
Sep 20141,0577,35486.164.05$120,821
Aug 20142,14310,06989.394.04$232,192
Jul 20141,04111,51796.564.18$148,655
Jun 20142,11312,42698.164.74$266,273
May 20142,38212,20294.734.73$283,320
Apr 20142,0969,83195.944.81$248,369
Mar 20142,5959,57495.895.06$297,248
Feb 20142,3437,81697.406.19$276,605
Jan 20142,0568,88790.404.86$229,060
Dec 20131,8225,45291.824.35$191,037
Nov 20137175,47588.853.74$84,173
Oct 20131,5345,82797.423.78$171,465
Sep 20132,1008,541104.113.72$250,384
Aug 20135271,832104.253.52$61,393
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.

Sep 2016 — as filed, then multipliedworked
Oil                  547 bbl  × $ 41.55 =    $22,728
Casinghead gas     2,888 Mcf  × $  3.10 =     $8,955

────────────────────────────────────────────────────
Month total                                  $31,682

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/18762 is the state's own key, not one this site invented.