BRYANS, M.V. "B"

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 7041District 7CField 14937333OilCasinghead gasSaveExport
Value, all time
$198 k
Jan 1993 – Jan 1996
Value, last 12 filed months
$52 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
OilDisposition12,587 bbl$198,431
Casinghead gasProduction59,600 Mcf$0
Total$198,431

59,600 Mcf of this lease's gas, across 34 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 19954491,67915.43$6,928
Sep 19954001,65116.18$6,472
Aug 19952581,80115.92$4,107
Jul 19953821,84815.24$5,822
Jun 19952451,54016.41$4,020
May 19953981,68417.56$6,989
Apr 19952671,53017.73$4,734
Mar 19953841,63316.44$6,313
Feb 19953931,40816.58$6,516
Jan 19952931,60915.92$4,665
Dec 19944182,56515.03$6,283
Nov 19943741,88315.90$5,947
Oct 19943821,65615.58$5,952
Sep 19943791,42715.29$5,795
Aug 19945341,04616.13$8,613
Jul 19942601,69117.56$4,566
Jun 19942761,90617.09$4,717
May 19944541,62815.88$7,210
Apr 19942751,73714.14$3,889
Mar 19942821,72112.46$3,514
Feb 19944721,65812.50$5,900
Jan 19942981,80712.66$3,773
Dec 19934211,84512.33$5,191
Nov 19934581,85414.49$6,636
Oct 19933142,04715.85$4,977
Sep 19933441,96915.03$5,170
Aug 19935091,96915.66$7,971
Jul 19935781,96815.46$8,936
Jun 19933161,76816.79$5,306
May 19933021,70417.68$5,339
Apr 19935031,89018.05$9,079
Mar 19933131,78618.14$5,678
Feb 19933301,84417.90$5,907
Jan 19933261,84816.93$5,519

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                  449 bbl  × $ 15.43 =     $6,928
Casinghead gas     1,679 Mcf  ×  no price            —

────────────────────────────────────────────────────
Month total                                   $6,928

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/7041 is the state's own key, not one this site invented.