DAVENPORT, R. S. "D"

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 7265District 7CField 14937333OilCasinghead gasSaveExport
Value, all time
$41 k
Jan 1993 – Jan 1996
Value, last 12 filed months
$4 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
OilDisposition2,587 bbl$40,900
Casinghead gasProduction27,367 Mcf$0
Total$40,900

27,367 Mcf of this lease's gas, across 27 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 1995102015.43$1,574
Sep 19950016.18$0
Aug 19950015.92$0
Jul 19950015.24$0
Jun 19950016.41$0
May 19950017.56$0
Apr 19950017.73$0
Mar 199517047616.44$2,795
Feb 1995097116.58$0
Jan 199518399615.92$2,913
Dec 1994097515.03$0
Nov 199401,14815.90$0
Oct 19941871,45115.58$2,913
Sep 199401,20115.29$0
Aug 199401,11316.13$0
Jul 19941751,13417.56$3,073
Jun 1994099017.09$0
May 19941831,06815.88$2,906
Apr 199401,02914.14$0
Mar 199417782212.46$2,205
Feb 199418190512.50$2,263
Jan 1994091912.66$0
Dec 199301,06612.33$0
Nov 199317695514.49$2,550
Oct 199317893415.85$2,821
Sep 1993093515.03$0
Aug 1993098315.66$0
Jul 199318789715.46$2,891
Jun 1993086616.79$0
May 199318195317.68$3,200
Apr 199301,11018.05$0
Mar 19931751,00118.14$3,175
Feb 199301,22017.90$0
Jan 19933321,24916.93$5,621

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                  102 bbl  × $ 15.43 =     $1,574
Casinghead gas         0 Mcf  ×  no price            —

────────────────────────────────────────────────────
Month total                                   $1,574

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/7265 is the state's own key, not one this site invented.