DAVENPORT, R. S. -A-

Operated by PARKER & PARSLEY DEVELOPMENT L.P (P-5 640886) in the CALVIN (DEAN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 6890District 7CField 14937333OilCasinghead gasSaveExport
Value, all time
$171 k
Jan 1993 – Jan 1996
Value, last 12 filed months
$42 k
at the published price for each month
Months reported
37
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 498 leases and 1,074 wells, and the rule below applies to all of them.

Discovered
1965-11-17
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
660 ft
minimum

A drilling unit in this field needs at least 80 acres.

The Commission's schedule remark for this field reads: 7C,08-0209914

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
OilDisposition10,726 bbl$170,701
Casinghead gasProduction15,908 Mcf$0
Total$170,701

15,908 Mcf of this lease's gas, across 31 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.

Every month this lease reported (37)

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

37 months

Jan 19960017.07$0
Dec 19950017.19$0
Nov 19950016.00$0
Oct 199528850815.43$4,444
Sep 199526251916.18$4,239
Aug 199526156415.92$4,155
Jul 199528961115.24$4,404
Jun 199526760916.41$4,381
May 199530352517.56$5,321
Apr 199527461417.73$4,858
Mar 199534370316.44$5,639
Feb 199526449816.58$4,377
Jan 199530057315.92$4,776
Dec 199428867815.03$4,329
Nov 1994240015.90$3,816
Oct 199422079215.58$3,428
Sep 1994277015.29$4,235
Aug 1994295016.13$4,758
Jul 1994303117.56$5,321
Jun 1994282117.09$4,819
May 1994290115.88$4,605
Apr 1994233114.14$3,295
Mar 1994276112.46$3,439
Feb 1994293112.50$3,663
Jan 199433878412.66$4,279
Dec 199332185212.33$3,958
Nov 199332477714.49$4,695
Oct 199337890315.85$5,991
Sep 199337392715.03$5,606
Aug 199338797515.66$6,060
Jul 199333891615.46$5,225
Jun 199336890116.79$6,179
May 199335973617.68$6,347
Apr 199349993418.05$9,007
Mar 1993429118.14$7,782
Feb 1993345117.90$6,176
Jan 1993419116.93$7,094

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.

Oct 1995 — as filed, then multipliedworked
Oil                  288 bbl  × $ 15.43 =     $4,444
Casinghead gas       508 Mcf  ×  no price            —

────────────────────────────────────────────────────
Month total                                   $4,444

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/6890 is the state's own key, not one this site invented.