MCKEAN, DIX B 4H

Operated by TEXAS PETROLEUM INVESTMENT CO. (P-5 847710) in the DARST CREEK (EDWARDS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 14698District 01Field 23191666Hydrogen sulphide fieldOilSaveExport
Value, all time
$6.9 M
Dec 2005 – Jun 2015
Value, last 12 filed months
$0
at the published price for each month
Months reported
115
no gaps in the span
Streams
1
oil

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 82 leases and 544 wells, and the rule below applies to all of them.

Discovered
1960-09-01
as the register files it
Field class
Oil
the register's own label
Between wells
0 ft
minimum
From a lease line
150 ft
minimum

A drilling unit in this field needs at least 2 acres. The field rule took effect on 2009-11-24.

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: ONTAL WELLS.

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
OilDisposition98,976 bbl$6,876,886
Total$6,876,886

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 29.6120, -97.7356. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.61195, -97.73564 · 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
100.0%
1 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
2,555 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
1100.0%
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.
00.0%

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 2,555 ft.

Completions filed
Oct 2011
1 of 1 wells

1 well

42-187335244H2,555 ftOct 2011Yes

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 (115)

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

115 months

Jun 2015056.152.88$0
May 2015055.212.96$0
Apr 2015049.822.71$0
Mar 2015042.892.93$0
Feb 2015044.662.98$0
Jan 2015043.433.10$0
Dec 2014054.693.59$0
Nov 2014070.464.25$0
Oct 2014078.303.90$0
Sep 2014086.164.05$0
Aug 2014089.394.04$0
Jul 2014096.564.18$0
Jun 2014098.164.74$0
May 2014094.734.73$0
Apr 2014095.944.81$0
Mar 2014095.895.06$0
Feb 2014097.406.19$0
Jan 2014090.404.86$0
Dec 2013091.824.35$0
Nov 2013088.853.74$0
Oct 2013097.423.78$0
Sep 20130104.113.72$0
Aug 20130104.253.52$0
Jul 20130102.523.72$0
Jun 2013094.403.93$0
May 2013094.834.15$0
Apr 2013093.964.28$0
Mar 2013093.623.91$0
Feb 2013091.233.42$0
Jan 2013091.603.42$0
Dec 2012086.773.42$0
Nov 2012086.953.62$0
Oct 2012089.383.40$0
Sep 2012094.672.92$0
Aug 2012092.662.91$0
Jul 2012085.133.02$0
Jun 2012079.822.52$0
May 2012091.612.49$0
Apr 20120101.652.00$0
Mar 20120105.052.22$0
Feb 20120101.102.57$0
Jan 2012098.092.73$0
Dec 2011096.873.24$0
Nov 2011095.723.31$0
Oct 2011284.983.65$170
Sep 201122883.623.99$19,065
Aug 201154883.404.15$45,703
Jul 201157494.144.52$54,036
Jun 201155992.904.64$51,931
May 201155098.134.40$53,972
Apr 2011526105.964.33$55,735
Mar 201157296.364.06$55,118
Feb 201149585.644.18$42,392
Jan 201156686.504.59$48,959
Dec 201056485.734.35$48,352
Nov 201058480.843.80$47,211
Oct 201061578.103.51$48,032
Sep 201063272.633.98$45,902
Aug 201061073.684.42$44,945
Jul 201060072.554.74$43,530
Jun 201056870.364.91$39,964
May 201057071.124.24$40,538
Apr 201058581.694.12$47,789
Mar 201053178.394.39$41,625
Feb 201055773.585.44$40,984
Jan 201064674.365.96$48,037
Dec 200964571.445.48$46,079
Nov 200963874.593.75$47,588
Oct 200962472.544.11$45,265
Sep 200960465.543.06$39,586
Aug 200970367.423.22$47,396
Jul 200969261.133.46$42,302
Jun 200972566.163.90$47,966
May 200974354.743.93$40,672
Apr 200983246.773.59$38,913
Mar 200982542.144.06$34,766
Feb 200988232.814.63$28,938
Jan 200992135.865.37$33,027
Dec 20081,04637.105.98$38,807
Nov 200899355.496.86$55,102
Oct 20081,08975.246.92$81,936
Sep 20081,005101.767.88$102,269
Aug 20081,105114.228.48$126,213
Jul 20081,006131.0811.39$131,866
Jun 20081,323131.3313.03$173,750
May 20081,143123.1711.57$140,783
Apr 20081,209110.3110.45$133,365
Mar 20081,339101.909.66$136,444
Feb 20081,30492.538.77$120,659
Jan 20081,27590.388.21$115,235
Dec 20071,43288.337.30$126,489
Nov 20071,29391.677.29$118,529
Oct 20071,27682.856.92$105,717
Sep 20071,42575.846.24$108,072
Aug 20071,51469.066.39$104,557
Jul 20071,48870.906.39$105,499
Jun 20071,62662.007.55$100,812
May 20071,63758.747.85$96,157
Apr 20071,65859.617.81$98,833
Mar 20071,63356.927.30$92,950
Feb 20071,63955.108.22$90,309
Jan 20071,73650.306.73$87,321
Dec 20062,10456.656.92$119,192
Nov 20062,26754.207.62$122,871
Oct 20062,38654.906.01$130,991
Sep 20062,69160.085.04$161,675
Aug 20062,98968.717.34$205,374
Jul 20063,18369.376.34$220,805
Jun 20063,27266.286.38$216,868
May 20065,66266.016.42$373,749
Apr 20063,32164.397.36$213,839
Mar 20063,75156.707.08$212,682
Feb 20062,74857.597.75$158,257
Jan 20066,91660.598.93$419,040
Dec 20054,97654.9413.42$273,381

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 2011 — as filed, then multipliedworked
Oil                    2 bbl  × $ 84.98 =       $170

────────────────────────────────────────────────────
Month total                                     $170

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/O/14698 is the state's own key, not one this site invented.