MOELLER, E.

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 7110District 7CField 14937333OilCasinghead gasSaveExport
Value, all time
$97 k
Jan 1993 – Jan 1996
Value, last 12 filed months
$14 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
OilDisposition6,029 bbl$97,420
Casinghead gasProduction41,050 Mcf$0
Total$97,420

41,050 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 199514374015.43$2,206
Sep 199517977416.18$2,896
Aug 1995074815.92$0
Jul 199518185815.24$2,758
Jun 1995077416.41$0
May 1995080617.56$0
Apr 199517280317.73$3,050
Mar 199518382316.44$3,009
Feb 1995070416.58$0
Jan 199518272615.92$2,897
Dec 1994081615.03$0
Nov 199418084415.90$2,862
Oct 1994085415.58$0
Sep 199418569715.29$2,829
Aug 1994064816.13$0
Jul 199418067817.56$3,161
Jun 199417288217.09$2,939
May 199418276515.88$2,890
Apr 1994079914.14$0
Mar 1994065812.46$0
Feb 199435684712.50$4,450
Jan 199419288512.66$2,431
Dec 1993075112.33$0
Nov 199318847214.49$2,724
Oct 19931741,69015.85$2,758
Sep 19933562,18315.03$5,351
Aug 19933563,50615.66$5,575
Jul 19933522,64415.46$5,442
Jun 19933662,23116.79$6,145
May 19933632,41817.68$6,418
Apr 19933532,44218.05$6,372
Mar 19933481,22118.14$6,313
Feb 19933412,24317.90$6,104
Jan 19933452,12016.93$5,841

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                  143 bbl  × $ 15.43 =     $2,206
Casinghead gas       740 Mcf  ×  no price            —

────────────────────────────────────────────────────
Month total                                   $2,206

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/7110 is the state's own key, not one this site invented.