GUNS UP

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 70824District 8AField 15724500Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$3.4 M
Jun 2002 – May 2026
Value, last 12 filed months
$79 k
at the published price for each month
Months reported
99
189 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
OilDisposition54,356 bbl$3,430,760
Casinghead gasProduction4,194 Mcf$12,717
Total$3,443,478

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 32.5669, -102.6352. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.56690, -102.63518 · 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
4,655 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 4,655 ft.

Completions filed
Apr 2018
1 of 1 wells

1 well

42-165386581H4,655 ftApr 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 (99)

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

99 months

May 2026530106.413.05$5,640
Apr 2026129098.932.87$12,762
Mar 202682089.753.15$7,360
Feb 20260063.503.75$0
Jan 202642059.138.00$2,483
Dec 20250056.664.41$0
Nov 202546058.593.93$2,695
Oct 202545059.383.30$2,672
Sep 202588062.743.08$5,521
Aug 2025214063.933.01$13,681
Jul 2025221066.743.32$14,750
Jun 2025168066.483.13$11,169
May 202544060.553.23$2,664
Apr 2025187062.363.54$11,661
Mar 2025109067.704.27$7,379
Feb 2025189070.884.34$13,396
Jan 2025133074.324.28$9,885
Dec 2024246068.993.12$16,972
Nov 2024194069.052.20$13,396
Oct 2024288071.372.28$20,555
Sep 202453069.612.36$3,689
Aug 2024239075.632.06$18,076
Jul 2024371079.932.15$29,654
Jun 2024410078.082.63$32,013
May 202469078.812.20$5,438
Apr 2024238084.451.66$20,099
Mar 2024311080.301.55$24,973
Feb 2024379076.091.78$28,838
Jan 2024178073.023.30$12,998
Dec 2023351071.262.61$25,012
Nov 2023142077.892.81$11,060
Oct 2023298085.443.09$25,461
Sep 2023270089.042.74$24,041
Aug 2023225080.522.67$18,117
Jul 2023180074.852.64$13,473
Jun 2023143068.962.26$9,861
May 2023215070.622.23$15,183
Apr 2023384078.122.24$29,998
Mar 2023338072.852.39$24,623
Feb 2023273075.112.47$20,505
Jan 2023249076.533.39$19,056
Dec 2022249076.415.73$19,026
Nov 2022279085.005.65$23,715
Oct 2022302087.185.86$26,328
Sep 2022393084.888.16$33,358
Aug 2022504094.529.13$47,638
Jul 20226910101.587.54$70,192
Jun 20224260115.097.98$49,028
May 20224890109.378.43$53,482
Apr 20224891104.226.84$50,970
Mar 20221471108.885.08$16,010
Feb 2022391091.054.86$35,601
Jan 2022455181.844.54$37,242
Dec 2021259071.323.90$18,472
Nov 2021139877.435.24$10,805
Oct 2021279479.795.71$22,284
Sep 2021137069.865.35$9,571
Aug 2021431066.024.22$28,455
Jul 2021413270.783.98$29,240
Jun 2021455069.493.38$31,618
May 2021160063.483.02$10,157
Apr 2021351060.362.76$21,186
Mar 2021262061.302.72$16,061
Feb 2021133057.805.55$7,687
Jan 2021388050.412.81$19,559
Dec 2020329044.642.68$14,687
Nov 2020339038.772.71$13,143
Oct 2020495036.972.48$18,300
Sep 2020441037.091.99$16,357
Aug 2020436039.982.39$17,431
Jul 2020506038.371.83$19,415
Jun 2020480234.901.69$16,755
May 20200016.921.81$0
Apr 2020540014.751.80$7,965
Mar 2020416030.341.86$12,621
Feb 2020207049.881.98$10,325
Jan 2020439257.252.09$25,137
Dec 20197637359.012.30$45,193
Nov 20198268755.302.75$45,917
Oct 201966514953.472.42$35,918
Sep 20194467355.052.66$24,746
Aug 20198072753.112.30$42,922
Jul 20191,20424956.272.46$68,362
Jun 20191,0321552.782.49$54,506
May 20191,1836858.482.74$69,368
Apr 20191,138962.632.75$71,298
Mar 20191,4427256.803.06$82,126
Feb 20191,0972650.852.79$55,855
Jan 20191,4314846.033.23$66,024
Dec 20181,3517546.594.19$63,257
Nov 20181,5983252.934.24$84,718
Oct 20181,87472461.443.40$117,599
Sep 20182,01280359.543.11$122,290
Aug 20181,44848159.403.07$87,486
Jul 20182,1561,16265.142.93$143,849
Jun 20182,155060.183.08$129,688
May 20183,768065.382.90$246,352
Apr 20185,316063.842.90$339,373
Jun 20020023.733.34$0

Not filed, and not zero: Jul 2002 – Mar 2018 (189 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                   53 bbl  × $106.41 =     $5,640
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                   $5,640

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/70824 is the state's own key, not one this site invented.