MCFADIN HC2 DIM

Operated by INEOS USA OIL & GAS LLC (P-5 424176) in the BRISCOE RANCH (EAGLEFORD) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 301304District 01Field 12018200Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$24.2 M
Apr 2017 – May 2026
Value, last 12 filed months
$1.2 M
at the published price for each month
Months reported
110
no gaps in the span
Streams
2
condensate, 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 5,584 leases and 8,017 wells, and the rule below applies to all of them.

Discovered
2007-11-05
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2013-04-09.

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: MAY ELECT TO CLASSIFY AS PERMANENT GAS WELL

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA1none
ST-1112026-05-11239111

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
CondensateDisposition383,964 bbl$22,336,435
GasProduction541,539 Mcf$1,862,024
Total$24,198,458

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 28.4757, -99.4920. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.47565, -99.49199 · 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
7,551 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 7,551 ft.

Completions filed
Apr 2017
1 of 1 wells

1 well

42-12737391C 3H7,551 ftApr 2017

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 (110)

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

110 months

May 20261,3661,545106.413.05$150,062
Apr 20261,12275298.932.87$113,157
Mar 20261,35477189.753.15$123,950
Feb 20261,1611,24063.503.75$78,374
Jan 20261,1614,91359.138.00$107,944
Dec 20251,2563,61256.664.41$87,106
Nov 20251,3873,32958.593.93$94,335
Oct 20251,3503,08059.383.30$90,342
Sep 20251,0973,10962.743.08$78,392
Aug 20251,1203,96163.933.01$83,543
Jul 20251,2654,58366.743.32$99,620
Jun 20251,36016,77066.483.13$142,881
May 20251,36215,52660.553.23$132,654
Apr 20251,65012,73662.363.54$148,019
Mar 20251,38917,35867.704.27$168,125
Feb 20251,25713,38270.884.34$147,185
Jan 20251,43815,60674.324.28$173,645
Dec 20241,48417,26768.993.12$156,278
Nov 20241,48878669.052.20$104,474
Oct 20241,66176471.372.28$120,289
Sep 20241,84970669.612.36$130,378
Aug 20241,96476575.632.06$150,116
Jul 20241,97169879.932.15$159,040
Jun 20241,62864478.082.63$128,811
May 20241,75463678.812.20$139,631
Apr 20241,66154084.451.66$141,167
Mar 20241,12439480.301.55$90,866
Feb 20241,56465776.091.78$120,177
Jan 20241,78175173.023.30$132,525
Dec 20231,71495071.262.61$124,620
Nov 20231,59411977.892.81$124,491
Oct 20232,26613085.443.09$194,008
Sep 20232,08112189.042.74$185,623
Aug 20232,15312180.522.67$173,683
Jul 20232,24112174.852.64$168,059
Jun 20232,39113268.962.26$165,181
May 20232,29914470.622.23$162,676
Apr 20239799578.122.24$76,692
Mar 20232,50710372.852.39$182,881
Feb 20232,33219875.112.47$175,645
Jan 20231,57515676.533.39$121,063
Dec 20221,87714876.415.73$144,269
Nov 20221,62292685.005.65$143,098
Oct 20222,29621087.185.86$201,397
Sep 20222,20621084.888.16$188,960
Aug 20222,3543,63994.529.13$255,714
Jul 20222,2817,878101.587.54$291,120
Jun 20221,9203,852115.097.98$251,701
May 20222,3241,591109.378.43$267,593
Apr 20222,1571,106104.226.84$232,365
Mar 20222,3352,514108.885.08$266,997
Feb 20222,3061,42391.054.86$216,875
Jan 20222,2871,81781.844.54$195,413
Dec 20212,39746471.323.90$172,763
Nov 20212,17244177.435.24$170,487
Oct 20212,0851,03279.795.71$172,259
Sep 20212,4221,94069.865.35$179,582
Aug 20212,3921,58666.024.22$164,614
Jul 20212,4522,41570.783.98$183,169
Jun 20212,5661,46569.493.38$183,264
May 20212,35451563.483.02$150,986
Apr 20212,30729660.362.76$140,067
Mar 20212,56186861.302.72$159,348
Feb 20212,2773,00857.805.55$148,299
Jan 20212,7333,08850.412.81$146,449
Dec 20203,0674,46944.642.68$148,868
Nov 20202,7084,79038.772.71$117,954
Oct 20202,6924,84136.972.48$111,521
Sep 20202,9392,44637.091.99$113,878
Aug 20202,65161739.982.39$107,459
Jul 20202,91834838.371.83$112,599
Jun 20203,05729034.901.69$107,179
May 20203,0971,73416.921.81$55,548
Apr 20202,9861,01314.751.80$45,871
Mar 20203,17839230.341.86$97,148
Feb 20202,59730549.881.98$130,142
Jan 20203,07134657.252.09$176,540
Dec 20192,87032159.012.30$170,098
Nov 20192,9691,58455.302.75$168,543
Oct 20192,8672,65653.472.42$159,722
Sep 20193,1793,48855.052.66$184,273
Aug 20193,2003,63853.112.30$178,335
Jul 20193,8374,87256.272.46$227,893
Jun 20192,8362,95452.782.49$157,043
May 20192,9702,86758.482.74$181,542
Apr 20192,25714462.632.75$141,752
Mar 20193,5113,39156.803.06$209,808
Feb 20193,4362,69550.852.79$182,246
Jan 20193,8064,31346.033.23$189,113
Dec 20184,2893,98146.594.19$216,487
Nov 20184,0981,93252.934.24$225,093
Oct 20183,0521,59861.443.40$192,945
Sep 20184,0697,53459.543.11$265,684
Aug 20184,82511,50059.403.07$321,870
Jul 20185,20613,07665.142.93$377,456
Jun 20185,18312,44460.183.08$350,202
May 20185,47311,85765.382.90$392,220
Apr 20185,83513,96863.842.90$413,025
Mar 20187,22716,18661.222.79$487,545
Feb 20184,45010,03861.782.77$302,687
Jan 20187,23116,74862.874.01$521,761
Dec 20177,48916,93857.272.92$478,380
Nov 20177,81017,85755.423.12$488,515
Oct 20178,76417,88349.292.98$485,335
Sep 201710,26620,63847.523.09$551,556
Aug 201712,89126,28645.373.00$663,838
Jul 201717,84929,70843.873.09$874,753
Jun 201725,14121,35842.493.09$1,134,179
May 201721,21612,79245.373.26$1,004,315
Apr 201718,06211,00047.933.21$901,039

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
Condensate         1,366 bbl  × $106.41 =   $145,356
Gas                1,545 Mcf  × $  3.05 =     $4,706

────────────────────────────────────────────────────
Month total                                 $150,062

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. 01/G/301304 is the state's own key, not one this site invented.