PARKS

Name: PARKS lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by MERIT ENERGY COMPANY (P-5 561136) in the LEE HARRISON field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 62358District 8AField 52872001Hydrogen sulphide fieldOilCasinghead gasSave Export

Value, all time

$954 k

Jan 1993 – Mar 2007

Value, last 12 filed months

$55 k

at the published price for each month

Months reported

171

no gaps in the span

Streams

oil, casinghead gas

The LEE HARRISON field

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 97 leases and 321 wells, and the rule below applies to all of them.

Discovered

1941-08-20

as the register files it

Field class

Oil

the register's own label

Between wells

660 ft

minimum

From a lease line

330 ft

minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2008-12-16.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: “5162',AMENDED SPACING,ADOPTED 20 ACRE OPTION WITH 1500'DIAGONAL.”

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.

Stream	Basis	Volume	Value
Oil	Disposition	39,213 bbl	$953,256
Casinghead gas	Production	693 Mcf	$1,094
Total			$954,350

213 Mcf of this lease's gas, across 21 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 (3)

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 33.5596, -101.6710. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

33.55892, -101.67022 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

33.3%

1 of 3 wells

With a plug date

33.3%

1 of 3 wells

Median depth

4,900 ft

3 wells filed one

Completion to plug

39.4 years

median over 1 well

What the state filed about each well

On the RRC proration schedule

133.3%

A plug date is filed

133.3%

BothOn the schedule and plugged. Neither fact cancels the other.

133.3%

NeitherNo plug date, and not on the schedule.

266.7%

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

Between 4,800 and 4,900 ft, median 4,900 ft, over the 3 wells that filed a depth.

Completions filed

Mar 1980 – May 1980

3 of 3 wells

Plug dates filed

Aug 2019

1 of 3 wells; 2 filed none

Last completion to plug: a median of 39.4 years across the 1 well that filed both dates, with the middle half between 39.4 years and 39.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

3 wells


42-30330487	3	4,900 ft	May 1980	—	—
42-30330435	1	4,800 ft	Mar 1980	Aug 2019	Yes
42-30330486	2	4,900 ft	Mar 1980	—	—

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 (171)

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

171 months


Mar 2007	0	0	56.92	7.30	$0
Feb 2007	0	0	55.10	8.22	$0
Jan 2007	0	0	50.30	6.73	$0
Dec 2006	0	0	56.65	6.92	$0
Nov 2006	0	0	54.20	7.62	$0
Oct 2006	0	0	54.90	6.01	$0
Sep 2006	0	0	60.08	5.04	$0
Aug 2006	0	0	68.71	7.34	$0
Jul 2006	342	0	69.37	6.34	$23,725
Jun 2006	166	0	66.28	6.38	$11,002
May 2006	158	0	66.01	6.42	$10,430
Apr 2006	159	0	64.39	7.36	$10,238
Mar 2006	334	0	56.70	7.08	$18,938
Feb 2006	163	0	57.59	7.75	$9,387
Jan 2006	165	0	60.59	8.93	$9,997
Dec 2005	164	0	54.94	13.42	$9,010
Nov 2005	162	0	54.69	10.59	$8,860
Oct 2005	165	0	58.34	13.80	$9,626
Sep 2005	165	0	61.45	12.08	$10,139
Aug 2005	337	0	61.51	9.80	$20,729
Jul 2005	166	0	55.69	7.84	$9,245
Jun 2005	166	0	52.33	7.38	$8,687
May 2005	162	0	45.22	6.65	$7,326
Apr 2005	158	0	49.20	7.36	$7,774
Mar 2005	171	0	50.37	7.15	$8,613
Feb 2005	167	0	45.22	6.31	$7,552
Jan 2005	167	0	43.16	6.32	$7,208
Dec 2004	329	0	39.86	6.75	$13,114
Nov 2004	165	0	45.28	6.33	$7,471
Oct 2004	167	0	49.70	6.52	$8,300
Sep 2004	166	0	43.24	5.28	$7,178
Aug 2004	167	0	42.37	5.55	$7,076
Jul 2004	149	0	38.28	6.08	$5,704
Jun 2004	162	0	36.10	6.43	$5,848
May 2004	329	0	37.48	6.49	$12,331
Apr 2004	170	0	34.47	5.86	$5,860
Mar 2004	164	0	34.36	5.53	$5,635
Feb 2004	161	0	32.45	5.51	$5,224
Jan 2004	329	0	32.03	6.30	$10,538
Dec 2003	165	0	30.26	6.30	$4,993
Nov 2003	159	0	28.80	4.60	$4,579
Oct 2003	162	0	28.17	4.76	$4,564
Sep 2003	333	0	26.31	4.75	$8,761
Aug 2003	159	0	29.76	5.13	$4,732
Jul 2003	164	0	29.41	5.17	$4,823
Jun 2003	335	0	28.56	5.98	$9,568
May 2003	169	0	26.59	5.97	$4,494
Apr 2003	332	0	26.67	5.41	$8,854
Mar 2003	0	0	31.14	6.10	$0
Feb 2003	323	0	33.48	7.93	$10,814
Jan 2003	330	0	30.31	5.58	$10,002
Dec 2002	166	0	26.91	4.85	$4,467
Nov 2002	0	0	24.66	4.14	$0
Oct 2002	332	0	26.46	4.23	$8,785
Sep 2002	318	0	27.44	3.64	$8,726
Aug 2002	174	0	25.96	3.16	$4,517
Jul 2002	158	0	24.58	3.06	$3,884
Jun 2002	339	0	23.73	3.34	$8,044
May 2002	165	0	24.66	3.58	$4,069
Apr 2002	166	0	23.65	3.51	$3,926
Mar 2002	330	0	22.00	3.10	$7,260
Feb 2002	0	0	18.22	2.38	$0
Jan 2002	324	0	17.17	2.38	$5,563
Dec 2001	333	0	16.93	2.36	$5,638
Nov 2001	165	0	18.07	2.41	$2,982
Oct 2001	329	0	19.78	2.53	$6,508
Sep 2001	162	0	24.26	2.25	$3,930
Aug 2001	160	0	24.87	3.05	$3,979
Jul 2001	312	0	23.93	3.20	$7,466
Jun 2001	167	0	24.56	3.82	$4,102
May 2001	296	0	25.52	4.31	$7,554
Apr 2001	163	0	24.68	5.34	$4,023
Mar 2001	323	0	24.54	5.38	$7,926
Feb 2001	168	0	27.75	5.77	$4,662
Jan 2001	335	0	27.47	8.40	$9,202
Dec 2000	169	0	26.88	9.12	$4,543
Nov 2000	334	0	32.21	5.66	$10,758
Oct 2000	0	0	31.23	5.15	$0
Sep 2000	322	1	31.87	5.19	$10,267
Aug 2000	323	1	29.64	4.54	$9,578
Jul 2000	162	1	28.53	4.09	$4,626
Jun 2000	165	1	29.30	4.40	$4,839
May 2000	165	1	27.26	3.68	$4,502
Apr 2000	307	1	24.51	3.12	$7,528
Mar 2000	158	1	28.42	2.86	$4,493
Feb 2000	169	1	27.62	2.73	$4,671
Jan 2000	320	1	25.27	2.48	$8,089
Dec 1999	164	1	24.28	2.42	$3,984
Nov 1999	336	1	23.19	2.43	$7,794
Oct 1999	167	1	20.98	2.80	$3,506
Sep 1999	169	1	21.75	2.62	$3,678
Aug 1999	341	1	19.26	2.88	$6,571
Jul 1999	163	1	17.89	2.37	$2,918
Jun 1999	159	1	15.94	2.36	$2,537
May 1999	342	1	15.79	2.32	$5,403
Apr 1999	161	1	15.10	2.21	$2,433
Mar 1999	163	1	12.47	1.84	$2,034
Feb 1999	328	1	9.98	1.82	$3,275
Jan 1999	174	1	10.38	1.90	$1,808
Dec 1998	165	1	9.20	1.77	$1,520
Nov 1998	341	1	10.89	2.19	$3,716
Oct 1998	177	1	12.42	1.97	$2,200
Sep 1998	175	1	12.59	2.08	$2,205
Aug 1998	325	1	11.30	1.91	$3,674
Jul 1998	329	1	11.74	2.24	$3,865
Jun 1998	60	1	11.24	2.24	$677
May 1998	337	1	12.62	2.21	$4,255
Apr 1998	173	1	13.04	2.51	$2,258
Mar 1998	330	155	12.80	2.31	$4,582
Feb 1998	170	140	13.95	2.30	$2,693
Jan 1998	174	155	14.70	2.15	$2,892
Dec 1997	358	0	16.32	2.41	$5,843
Nov 1997	169	0	18.19	3.09	$3,074
Oct 1997	535	0	19.25	3.15	$10,299
Sep 1997	0	0	17.74	2.95	$0
Aug 1997	350	0	17.86	2.55	$6,251
Jul 1997	189	0	17.58	2.25	$3,323
Jun 1997	351	0	17.24	2.26	$6,051
May 1997	173	0	18.97	2.31	$3,282
Apr 1997	176	0	17.88	2.08	$3,147
Mar 1997	170	0	18.95	1.94	$3,222
Feb 1997	374	0	20.49	2.21	$7,663
Jan 1997	173	0	23.48	3.54	$4,062
Dec 1996	341	0	23.32	—	$7,952
Nov 1996	172	0	21.97	—	$3,779
Oct 1996	347	0	23.31	—	$8,089
Sep 1996	174	0	22.22	—	$3,866
Aug 1996	344	0	20.26	—	$6,969
Jul 1996	336	0	19.55	—	$6,569
Jun 1996	161	0	18.73	—	$3,016
May 1996	330	0	19.43	—	$6,412
Apr 1996	198	0	21.51	—	$4,259
Mar 1996	356	0	19.38	—	$6,899
Feb 1996	201	0	16.98	—	$3,413
Jan 1996	376	0	17.07	—	$6,418
Dec 1995	192	0	17.19	—	$3,300
Nov 1995	361	0	16.00	—	$5,776
Oct 1995	189	0	15.43	—	$2,916
Sep 1995	341	0	16.18	—	$5,517
Aug 1995	335	0	15.92	—	$5,333
Jul 1995	198	0	15.24	—	$3,018
Jun 1995	374	0	16.41	—	$6,137
May 1995	376	0	17.56	—	$6,603
Apr 1995	193	0	17.73	—	$3,422
Mar 1995	348	0	16.44	—	$5,721
Feb 1995	169	0	16.58	—	$2,802
Jan 1995	362	0	15.92	—	$5,763
Dec 1994	336	0	15.03	—	$5,050
Nov 1994	179	0	15.90	—	$2,846
Oct 1994	372	0	15.58	—	$5,796
Sep 1994	173	1	15.29	—	$2,645
Aug 1994	518	1	16.13	—	$8,355
Jul 1994	180	1	17.56	—	$3,161
Jun 1994	332	1	17.09	—	$5,674
May 1994	167	1	15.88	—	$2,652
Apr 1994	354	1	14.14	—	$5,006
Mar 1994	363	1	12.46	—	$4,523
Feb 1994	339	1	12.50	—	$4,238
Jan 1994	351	1	12.66	—	$4,444
Dec 1993	352	1	12.33	—	$4,340
Nov 1993	181	1	14.49	—	$2,623
Oct 1993	336	1	15.85	—	$5,326
Sep 1993	175	1	15.03	—	$2,630
Aug 1993	326	1	15.66	—	$5,105
Jul 1993	350	1	15.46	—	$5,411
Jun 1993	357	1	16.79	—	$5,994
May 1993	345	1	17.68	—	$6,100
Apr 1993	330	1	18.05	—	$5,957
Mar 1993	330	65	18.14	—	$5,986
Feb 1993	547	65	17.90	—	$9,791
Jan 1993	0	65	16.93	—	$0

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 2006 — as filed, then multipliedworked

Oil                  342 bbl  × $ 69.37 =    $23,725
Casinghead gas         0 Mcf  × $  6.34 =         $0

────────────────────────────────────────────────────
Month total                                  $23,725

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. 8A/O/62358 is the state's own key, not one this site invented.