NEAL -22-

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 3868District 7CField 85279200OilCasinghead gasSaveExport
Value, all time
$13.0 M
Jan 1993 – Sep 2016
Value, last 12 filed months
$102 k
at the published price for each month
Months reported
285
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
OilDisposition354,095 bbl$8,774,835
Casinghead gasProduction1,517,382 Mcf$4,251,793
Total$13,026,628

517,958 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 (9)

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 31.5968, -101.9636. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.9 miles.

31.59635, -101.96286 · 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
88.9%
8 of 9 wells
With a plug date
88.9%
8 of 9 wells
Median depth
8,500 ft
9 wells filed one
Completion to plug
25.3 years
median over 6 wells

What the state filed about each well

On the RRC proration schedule
888.9%
A plug date is filed
888.9%
BothOn the schedule and plugged. Neither fact cancels the other.
888.9%
NeitherNo plug date, and not on the schedule.
111.1%

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

Total depth in feet, 9 of 9 wells. Median 8,500 ft, with the middle half between 8,462 and 8,550 ft; the shallowest is 8,441 ft and the deepest 11,914 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

When they were last completed

Last completion by decade, 7 of 9 wells, Dec 1987 – Feb 2014. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Dec 1987 – Feb 2014
7 of 9 wells; 2 filed none
Plug dates filed
Feb 2007 – May 2025
8 of 9 wells; 1 filed none

Last completion to plug: a median of 25.3 years across the 6 wells that filed both dates, with the middle half between 21.3 years and 30.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

9 wells

42-4610082438,441 ftMar 2011Yes
42-4610393918,462 ftOct 2011Yes
42-461377413D11,914 ftFeb 2014
42-4613342588,550 ftNov 1993May 2025Yes
42-4613344178,550 ftAug 1993Jan 2022Yes
42-4610082348,446 ftOct 1990Dec 2012Yes
42-4610118028,465 ftOct 1990Sep 2011Yes
42-4613299968,550 ftAug 1990Mar 2022Yes
42-4613269358,500 ftDec 1987Feb 2007Yes

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 (285)

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

285 months

Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 2016517041.622.92$21,518
Jun 201601,06545.352.69$2,860
May 20161781,08042.521.99$9,719
Apr 20161781,03136.561.99$8,560
Mar 201617396733.011.79$7,446
Feb 201636394126.472.06$11,550
Jan 20161811,01627.352.36$7,353
Dec 20153581,02432.362.00$13,634
Nov 201518095138.792.17$9,043
Oct 20151801,07343.552.43$10,443
Sep 20153561,00442.992.76$18,074
Aug 20151731,12940.162.87$10,191
Jul 20151791,07248.152.95$11,776
Jun 20153521,02256.152.88$22,711
May 20151791,10355.212.96$13,142
Apr 20153711,02749.822.71$21,263
Mar 20151851,03742.892.93$10,978
Feb 201536988844.662.98$19,122
Jan 20151861,00543.433.10$11,194
Dec 20143741,01354.693.59$24,092
Nov 20141831,04370.464.25$17,329
Oct 20143611,04678.303.90$32,347
Sep 20143691,06786.164.05$36,110
Aug 2014096089.394.04$3,874
Jul 20143591,09596.564.18$39,242
Jun 20141861,02498.164.74$23,108
May 20143591,09494.734.73$39,179
Apr 20141851,05595.944.81$22,823
Mar 20143721,09295.895.06$41,193
Feb 2014396297.406.19$6,249
Jan 20143721,17590.404.86$39,340
Dec 20135491,29091.824.35$56,026
Nov 20133731,16088.853.74$37,477
Oct 20130097.423.78$0
Sep 20135381,328104.113.72$60,948
Aug 201301,213104.253.52$4,273
Jul 20133181,228102.523.72$37,167
Jun 20131761,04394.403.93$20,717
May 2013030994.834.15$1,282
Apr 201330083993.964.28$31,781
Mar 201338581193.623.91$39,217
Feb 2013069691.233.42$2,380
Jan 201335882991.603.42$35,628
Dec 201219278486.773.42$19,341
Nov 201215276086.953.62$15,971
Oct 201241080789.383.40$39,389
Sep 2012079694.672.92$2,323
Aug 201241690692.662.91$41,181
Jul 2012077285.133.02$2,332
Jun 201221854579.822.52$18,774
May 201222462191.612.49$22,066
Apr 2012229617101.652.00$24,510
Mar 2012228376105.052.22$24,787
Feb 20120722101.102.57$1,856
Jan 201244170898.092.73$45,193
Dec 201101,17296.873.24$3,797
Nov 20112121,23595.723.31$24,382
Oct 20114571,42484.983.65$44,031
Sep 20112241,57683.623.99$25,013
Aug 20114301,78583.404.15$43,269
Jul 20111951,51294.144.52$25,187
Jun 20112201,15392.904.64$25,788
May 2011062398.134.40$2,744
Apr 20110794105.964.33$3,441
Mar 201120487496.364.06$23,204
Feb 201137676485.644.18$35,394
Jan 2011076986.504.59$3,529
Dec 201019675585.734.35$20,086
Nov 201015384580.843.80$15,576
Oct 20101921,55678.103.51$20,455
Sep 20103271,50972.633.98$29,755
Aug 20101861,36073.684.42$19,715
Jul 20102241,40772.554.74$22,915
Jun 20103361,32070.364.91$30,123
May 20102311,39671.124.24$22,341
Apr 20101931,34181.694.12$21,295
Mar 201014299978.394.39$15,516
Feb 20102051,15973.585.44$21,392
Jan 2010050274.365.96$2,994
Dec 200920491071.445.48$19,564
Nov 20092031,28974.593.75$19,977
Oct 20091781,68772.544.11$19,846
Sep 20092081,51365.543.06$18,269
Aug 20091321,29467.423.22$13,064
Jul 2009082361.133.46$2,851
Jun 20097421566.163.90$5,733
May 20091681,07654.743.93$13,420
Apr 200912299046.773.59$9,258
Mar 20091672,03042.144.06$15,277
Feb 20093522,18532.814.63$21,672
Jan 20093212,72235.865.37$26,131
Dec 20086162,92237.105.98$40,319
Nov 20083633,16655.496.86$41,863
Oct 20081812,55875.246.92$31,325
Sep 20081161,221101.767.88$21,422
Aug 20083381,914114.228.48$54,843
Jul 20084603,072131.0811.39$95,285
Jun 20083452,970131.3313.03$84,016
May 20083643,068123.1711.57$80,344
Apr 20085362,946110.3110.45$89,926
Mar 20083533,000101.909.66$64,963
Feb 20085182,82892.538.77$72,734
Jan 20083523,07190.388.21$57,014
Dec 20073663,10388.337.30$54,987
Nov 20075433,10391.677.29$72,403
Oct 20073513,36582.856.92$52,373
Sep 20075143,40275.846.24$60,224
Aug 20075153,56169.066.39$58,313
Jul 20073753,26870.906.39$47,463
Jun 20071682,33062.007.55$28,004
May 20071702,71858.747.85$31,312
Apr 20073512,90359.617.81$43,582
Mar 20074013,70056.927.30$49,842
Feb 20073432,90055.108.22$42,726
Jan 20075162,81050.306.73$44,857
Dec 20063552,69356.656.92$38,742
Nov 20065412,64654.207.62$49,478
Oct 20063483,39154.906.01$39,498
Sep 20065853,56960.085.04$53,125
Aug 20063551,54168.717.34$35,703
Jul 20065311,79069.376.34$48,189
Jun 20061671,64466.286.38$21,564
May 20065592,44766.016.42$52,622
Apr 20065233,42764.397.36$58,900
Mar 20065664,25356.707.08$62,216
Feb 20065523,88357.597.75$61,887
Jan 20061,0044,37060.598.93$99,871
Dec 20054744,40854.9413.42$85,177
Nov 20057374,25054.6910.59$85,307
Oct 200504,26458.3413.80$58,825
Sep 20057233,32061.4512.08$84,531
Aug 20052604,16761.519.80$56,816
Jul 20054693,95055.697.84$57,101
Jun 20057283,64052.337.38$64,963
May 20056983,90645.226.65$57,543
Apr 20057214,23449.207.36$66,637
Mar 20057144,60950.377.15$68,941
Feb 20052674,54445.226.31$40,755
Jan 20051,1565,04243.166.32$81,769
Dec 20047114,58239.866.75$59,274
Nov 20042624,78245.286.33$42,135
Oct 20041,1535,32849.706.52$92,017
Sep 20042515,44543.245.28$39,624
Aug 20047233,73942.375.55$51,387
Jul 20047165,57338.286.08$61,316
Jun 20046765,34836.106.43$58,807
May 20047225,76637.486.49$64,508
Apr 20046775,41534.475.86$55,060
Mar 20047305,46534.365.53$55,305
Feb 20047224,71132.455.51$49,385
Jan 20047395,59632.036.30$58,923
Dec 20031,1715,48030.266.30$69,967
Nov 20037393,46428.804.60$37,201
Oct 20037265,61428.174.76$47,172
Sep 20037375,45226.314.75$45,284
Aug 20039556,23829.765.13$60,420
Jul 20031,1816,22629.415.17$66,927
Jun 20037145,92328.565.98$55,829
May 20037196,22726.595.97$56,310
Apr 20039845,55826.675.41$56,297
Mar 20031,0866,11331.146.10$71,083
Feb 20037135,14233.487.93$64,626
Jan 20039805,65630.315.58$61,276
Dec 20021,1955,73526.914.85$59,994
Nov 20029985,66324.664.14$48,038
Oct 20021,2126,05726.464.23$57,685
Sep 20027196,12627.443.64$41,999
Aug 20027166,01825.963.16$37,629
Jul 20029826,05424.583.06$42,673
Jun 20027265,89523.733.34$36,907
May 20029976,10824.663.58$46,477
Apr 20021,0036,04623.653.51$44,956
Mar 20029886,20822.003.10$40,998
Feb 20021,0105,30618.222.38$31,008
Jan 20029986,12117.172.38$31,677
Dec 20011,0695,94316.932.36$32,150
Nov 20011,2405,90918.072.41$36,621
Oct 20019706,22719.782.53$34,934
Sep 20018016,65724.262.25$34,419
Aug 20019246,76624.873.05$43,638
Jul 20011,1867,58323.933.20$52,624
Jun 20019996,91124.563.82$50,964
May 20011,0697,57625.524.31$59,913
Apr 20011,2487,42424.685.34$70,410
Mar 20011,4737,82124.545.38$78,197
Feb 20019496,62927.755.77$64,565
Jan 20011,2157,31727.478.40$94,830
Dec 20001,2796,93826.889.12$97,671
Nov 20001,1947,01632.215.66$78,155
Oct 20001,5077,86831.235.15$87,548
Sep 20007287,20231.875.19$60,555
Aug 20001,2648,26229.644.54$74,981
Jul 20001,2677,79928.534.09$68,043
Jun 20001,4558,62929.304.40$80,575
May 20009508,14927.263.68$55,883
Apr 20009688,03624.513.12$48,766
Mar 20001,7258,60828.422.86$73,641
Feb 20001,3258,23227.622.73$59,041
Jan 20001,7428,34525.272.48$64,720
Dec 19991,5478,47924.282.42$58,112
Nov 19991,2388,52623.192.43$49,461
Oct 19991,5198,95220.982.80$56,967
Sep 19991,6379,37521.752.62$60,156
Aug 19991,5149,80219.262.88$57,346
Jul 19991,66710,65617.892.37$55,103
Jun 19991,5159,88015.942.36$47,487
May 19991,5229,98615.792.32$47,210
Apr 19991,3889,54215.102.21$42,028
Mar 19991,74210,10312.471.84$40,295
Feb 19991,5268,6229.981.82$30,902
Jan 19991,71210,45610.381.90$37,636
Dec 19981,7269,6979.201.77$33,075
Nov 19981,75510,22910.892.19$41,470
Oct 19981,90711,17912.421.97$45,699
Sep 19981,79211,34112.592.08$46,180
Aug 19981,89611,66011.301.91$43,665
Jul 19981,99411,61211.742.24$49,389
Jun 19981,69611,34311.242.24$44,440
May 19982,01712,10312.622.21$52,158
Apr 19981,78710,38813.042.51$49,328
Mar 19982,38010,82312.802.31$55,459
Feb 19982,0739,21613.952.30$50,107
Jan 19981,9779,74814.702.15$50,067
Dec 19972,4989,63716.322.41$64,003
Nov 19972,2899,79518.193.09$71,886
Oct 19971,81910,04319.253.15$66,649
Sep 19972,20710,79417.742.95$71,047
Aug 19972,51211,83917.862.55$75,110
Jul 19972,03811,09517.582.25$60,758
Jun 19972,2219,75717.242.26$60,314
May 19972,44211,89318.972.31$73,780
Apr 19972,13010,23917.882.08$59,410
Mar 19972,48510,90218.951.94$68,231
Feb 19972,4959,81920.492.21$72,782
Jan 19972,93311,19423.483.54$108,490
Dec 19963,24811,26923.32$75,743
Nov 19963,32810,85121.97$73,116
Oct 19962,49811,69723.31$58,228
Sep 19962,80212,02322.22$62,260
Aug 19962,82711,64820.26$57,275
Jul 19962,66011,72919.55$52,003
Jun 19962,73511,72018.73$51,227
May 19963,32912,83719.43$64,682
Apr 19963,08011,88921.51$66,251
Mar 19963,44011,98419.38$66,667
Feb 19963,71211,20016.98$63,030
Jan 19962,5249,65917.07$43,085
Dec 19953,46810,25517.19$59,615
Nov 19953,27210,41916.00$52,352
Oct 19953,14611,25515.43$48,543
Sep 19953,60611,69916.18$58,345
Aug 19953,24812,65915.92$51,708
Jul 19953,67412,54115.24$55,992
Jun 19953,6579,92716.41$60,011
May 19953,49911,42417.56$61,442
Apr 19953,67410,44217.73$65,140
Mar 19953,84010,40916.44$63,130
Feb 19954,1199,90916.58$68,293
Jan 19954,45411,27815.92$70,908
Dec 19944,02710,93515.03$60,526
Nov 19943,78210,34815.90$60,134
Oct 19944,35312,07915.58$67,820
Sep 19943,91112,21115.29$59,799
Aug 19944,41213,13916.13$71,166
Jul 19944,84013,52517.56$84,990
Jun 19944,32212,68617.09$73,863
May 19944,76613,03115.88$75,684
Apr 19944,77012,13014.14$67,448
Mar 19944,97011,88612.46$61,926
Feb 19944,89110,05812.50$61,138
Jan 19945,84811,27612.66$74,036
Dec 19935,76511,01412.33$71,082
Nov 19935,2379,70514.49$75,884
Oct 19934,3798,58915.85$69,407
Sep 19934,81010,48215.03$72,294
Aug 19934,3669,52315.66$68,372
Jul 19933,3178,67415.46$51,281
Jun 19933,1067,98216.79$52,150
May 19933,4117,41317.68$60,306
Apr 19933,2667,76918.05$58,951
Mar 19933,8898,12018.14$70,546
Feb 19933,1637,08917.90$56,618
Jan 19933,8727,57116.93$65,553

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                  517 bbl  × $ 41.62 =    $21,518
Casinghead gas         0 Mcf  × $  2.92 =         $0

────────────────────────────────────────────────────
Month total                                  $21,518

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/3868 is the state's own key, not one this site invented.