MCFADDIN

Operated by FUTURE PETROLEUM COMPANY LLC (P-5 291678) in the MCFADDIN (5640) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 162958District 02Field 59371901CondensateGasSaveExport
Value, all time
$882 k
Feb 1997 – Jun 2010
Value, last 12 filed months
$0
at the published price for each month
Months reported
161
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 8 leases and 9 wells, and the rule below applies to all of them.

Discovered
1961-02-25
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres.

The Commission's schedule remark for this field reads: FIELD RULES EFFECTIVE 12-1-78

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
CondensateDisposition585 bbl$55,566
GasProduction214,948 Mcf$826,018
Total$881,584

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 28.5187, -96.9945. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.51873, -96.99447 · 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
5,893 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 5,893 ft.

Completions filed
Jun 2010
1 of 1 wells

1 well

42-469323771685,893 ftJun 2010Yes

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 (161)

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

161 months

Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 200963042.144.06$2,655
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 2008028131.3313.03$365
May 20080499123.1711.57$5,776
Apr 200897378110.3110.45$14,652
Mar 2008308292101.909.66$34,207
Feb 200811732292.538.77$13,650
Jan 2008075390.388.21$6,179
Dec 2007069988.337.30$5,104
Nov 2007075491.677.29$5,498
Oct 2007093282.856.92$6,451
Sep 2007070475.846.24$4,396
Aug 2007021269.066.39$1,354
Jul 2007013070.906.39$830
Jun 2007016562.007.55$1,245
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 200704856.927.30$350
Feb 200704055.108.22$329
Jan 200704650.306.73$309
Dec 200606156.656.92$422
Nov 200605954.207.62$449
Oct 200607254.906.01$433
Sep 200608660.085.04$433
Aug 2006011668.717.34$851
Jul 200604169.376.34$260
Jun 2006016166.286.38$1,028
May 2006028566.016.42$1,831
Apr 2006011364.397.36$832
Mar 2006028856.707.08$2,040
Feb 200601,89857.597.75$14,712
Jan 2006032160.598.93$2,868
Dec 2005072454.9413.42$9,713
Nov 2005045554.6910.59$4,818
Oct 2005040158.3413.80$5,532
Sep 2005034261.4512.08$4,131
Aug 2005056661.519.80$5,545
Jul 200501,04455.697.84$8,189
Jun 200501,25052.337.38$9,226
May 200501,33245.226.65$8,859
Apr 200501,17649.207.36$8,656
Mar 200501,02950.377.15$7,362
Feb 200501,39345.226.31$8,793
Jan 200501,44443.166.32$9,129
Dec 200401,28439.866.75$8,668
Nov 200402,67645.286.33$16,940
Oct 200403,04149.706.52$19,812
Sep 200403,98643.245.28$21,062
Aug 200403,60542.375.55$20,010
Jul 200402,18638.286.08$13,300
Jun 200402,21136.106.43$14,223
May 200403,14537.486.49$20,425
Apr 200403,38734.475.86$19,843
Mar 200403,36534.365.53$18,609
Feb 200402,61832.455.51$14,424
Jan 200401,95232.036.30$12,297
Dec 200304,80930.266.30$30,305
Nov 200302,64528.804.60$12,154
Oct 200303,33528.174.76$15,873
Sep 200306,34826.314.75$30,149
Aug 200307,34429.765.13$37,673
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 2001049024.873.05$1,496
Jul 2001045223.933.20$1,445
Jun 2001026624.563.82$1,017
May 2001024425.524.31$1,051
Apr 2001029624.685.34$1,579
Mar 2001023224.545.38$1,247
Feb 2001020227.755.77$1,165
Jan 20010027.478.40$0
Dec 2000043026.889.12$3,923
Nov 20000032.215.66$0
Oct 2000039131.235.15$2,012
Sep 2000031931.875.19$1,654
Aug 2000027529.644.54$1,249
Jul 2000026428.534.09$1,080
Jun 2000050429.304.40$2,216
May 2000059327.263.68$2,182
Apr 2000061824.513.12$1,926
Mar 200001,04528.422.86$2,988
Feb 2000075527.622.73$2,059
Jan 200001,27025.272.48$3,150
Dec 199901,00524.282.42$2,436
Nov 1999073423.192.43$1,787
Oct 1999096520.982.80$2,706
Sep 1999083721.752.62$2,192
Aug 199901,09719.262.88$3,155
Jul 199901,13917.892.37$2,702
Jun 199901,40615.942.36$3,321
May 199901,70715.792.32$3,962
Apr 199901,90415.102.21$4,204
Mar 199901,83912.471.84$3,381
Feb 199901,7009.981.82$3,090
Jan 199902,60910.381.90$4,957
Dec 199802,3509.201.77$4,167
Nov 1998072910.892.19$1,593
Oct 199801,63712.421.97$3,224
Sep 199802,33612.592.08$4,865
Aug 199802,90611.301.91$5,543
Jul 199802,75611.742.24$6,166
Jun 199801,21411.242.24$2,716
May 199801,78212.622.21$3,932
Apr 199803,57913.042.51$8,967
Mar 199804,21712.802.31$9,739
Feb 199803,90813.952.30$8,985
Jan 199804,17414.702.15$8,994
Dec 199704,30616.322.41$10,382
Nov 1997010,21418.193.09$31,543
Oct 199702,75119.253.15$8,665
Sep 1997012,84317.742.95$37,950
Aug 199704,85617.862.55$12,406
Jul 199705,99917.582.25$13,479
Jun 199706,49917.242.26$14,670
May 199704,96018.972.31$11,450
Apr 199706,51817.882.08$13,576
Mar 199709,80218.951.94$19,007
Feb 1997010,42820.492.21$23,003

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.

Mar 2009 — as filed, then multipliedworked
Condensate            63 bbl  × $ 42.14 =     $2,655
Gas                    0 Mcf  × $  4.06 =         $0

────────────────────────────────────────────────────
Month total                                   $2,655

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. 02/G/162958 is the state's own key, not one this site invented.