GOOD BULL

Operated by PARALLEL PETROLEUM LLC (P-5 639028) in the CARM-ANN (SAN ANDRES) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 70706District 8AField 15724500Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$6.9 M
Jun 2002 – May 2026
Value, last 12 filed months
$237 k
at the published price for each month
Months reported
100
188 months not filed
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 33 leases and 214 wells, and the rule below applies to all of them.

Discovered
1979-11-18
as the register files it
Field class
Oil
the register's own label
Between wells
0 ft
minimum
From a lease line
233 ft
minimum

A drilling unit in this field needs at least 10 acres. The field rule took effect on 2017-08-01.

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: 8/15/17.

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
OilDisposition109,785 bbl$6,864,007
Casinghead gasProduction7,065 Mcf$22,813
Total$6,886,821

Wells on this lease (1)

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 32.5382, -102.6317. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.53823, -102.63174 · centre of the wells drawn, derived

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
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
4,723 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
1100.0%

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

The one well that filed a depth was drilled to 4,723 ft.

Completions filed
Mar 2018
1 of 1 wells

1 well

42-165386051H4,723 ftMar 2018

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 (100)

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

100 months

May 20261240106.413.05$13,195
Apr 2026397098.932.87$39,275
Mar 2026271089.753.15$24,322
Feb 20260063.503.75$0
Jan 2026131059.138.00$7,746
Dec 20250056.664.41$0
Nov 2025134058.593.93$7,851
Oct 2025131059.383.30$7,779
Sep 2025264062.743.08$16,563
Aug 2025665063.933.01$42,513
Jul 2025665066.743.32$44,382
Jun 2025508066.483.13$33,772
May 2025134060.553.23$8,114
Apr 2025670062.363.54$41,781
Mar 2025422067.704.27$28,569
Feb 2025702070.884.34$49,758
Jan 2025411074.324.28$30,546
Dec 2024646068.993.12$44,568
Nov 2024512069.052.20$35,354
Oct 2024781071.372.28$55,740
Sep 2024128069.612.36$8,910
Aug 2024469075.632.06$35,470
Jul 2024689079.932.15$55,072
Jun 2024654078.082.63$51,064
May 2024114078.812.20$8,984
Apr 2024469084.451.66$39,607
Mar 2024573080.301.55$46,012
Feb 2024700076.091.78$53,263
Jan 2024326073.023.30$23,805
Dec 2023526071.262.61$37,483
Nov 2023212077.892.81$16,513
Oct 2023412085.443.09$35,201
Sep 2023415089.042.74$36,952
Aug 2023657080.522.67$52,902
Jul 2023705074.852.64$52,769
Jun 2023566068.962.26$39,031
May 2023682070.622.23$48,163
Apr 2023816078.122.24$63,746
Mar 2023690072.852.39$50,267
Feb 2023601075.112.47$45,141
Jan 2023621076.533.39$47,525
Dec 2022617076.415.73$47,145
Nov 2022558085.005.65$47,430
Oct 2022575087.185.86$50,129
Sep 2022624084.888.16$52,965
Aug 2022755094.529.13$71,363
Jul 20221,0370101.587.54$105,338
Jun 20226390115.097.98$73,543
May 20227330109.378.43$80,168
Apr 202273411104.226.84$76,573
Mar 20222209108.885.08$23,999
Feb 2022650891.054.86$59,221
Jan 20227791181.844.54$63,803
Dec 20211,088771.323.90$77,623
Nov 202140327777.435.24$32,655
Oct 202179039679.795.71$65,297
Sep 202123110269.865.35$16,683
Aug 2021982966.024.22$64,870
Jul 2021841470.783.98$59,542
Jun 2021973069.493.38$67,614
May 2021495063.483.02$31,423
Apr 20211,533060.362.76$92,532
Mar 20217671161.302.72$47,047
Feb 20213752857.805.55$21,830
Jan 20211,4952250.412.81$75,425
Dec 20208814544.642.68$39,448
Nov 20206783638.772.71$26,384
Oct 20201,0534936.972.48$39,051
Sep 20201,0597137.091.99$39,420
Aug 20201,14413339.982.39$46,054
Jul 20201,2468138.371.83$47,957
Jun 20201,0918634.901.69$38,221
May 20200016.921.81$0
Apr 20201,189014.751.80$17,538
Mar 20201,299030.341.86$39,412
Feb 20201,071749.881.98$53,435
Jan 202098117157.252.09$56,520
Dec 20191,17415859.012.30$69,642
Nov 20191,2789555.302.75$70,935
Oct 20191,43411753.472.42$76,959
Sep 20191,26811355.052.66$70,104
Aug 20191,5693353.112.30$83,406
Jul 20191,70519956.272.46$96,430
Jun 20191,5151152.782.49$79,989
May 20191,7134958.482.74$100,311
Apr 20191,697762.632.75$106,302
Mar 20192,2246656.803.06$126,525
Feb 20191,4357850.852.79$73,188
Jan 20192,1523646.033.23$99,173
Dec 20182,1209646.594.19$99,173
Nov 20182,5394152.934.24$134,563
Oct 20182,84777361.443.40$177,546
Sep 20183,44369359.543.11$207,150
Aug 20182,72294459.403.07$164,582
Jul 20183,8711,98265.142.93$257,968
Jun 20183,001060.183.08$180,600
May 20185,307065.382.90$346,972
Apr 20188,465063.842.90$540,406
Mar 20188,127061.222.79$497,535
Jun 20020023.733.34$0

Not filed, and not zero: Jul 2002 – Feb 2018 (188 months). The Railroad Commission holds no report for those months, so this page shows none — a zero would state that the lease produced nothing.

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.

May 2026 — as filed, then multipliedworked
Oil                  124 bbl  × $106.41 =    $13,195
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                  $13,195

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/70706 is the state's own key, not one this site invented.