MCCORD TRUST B

Operated by SPILLER OPERATING CO., INC. (P-5 809838) in the DALLAS HUSKY (COOK MTN.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 255113District 02Field 22834142CondensateGasSaveExport
Value, all time
$597 k
Jan 2010 – Jan 2013
Value, last 12 filed months
$11 k
at the published price for each month
Months reported
37
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 4 leases and 4 wells, and the rule below applies to all of them.

Discovered
1959-09-01
as the register files it
Field class
Gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

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
CondensateDisposition563 bbl$44,514
GasProduction127,336 Mcf$552,627
Total$597,141

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 28.5849, -97.6519. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.58494, -97.65194 · 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
100.0%
1 of 1 wells
Median depth
5,474 ft
1 wells filed one
Completion to plug
3.0 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
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 5,474 ft.

Completions filed
Jan 2010
1 of 1 wells
Plug dates filed
Jan 2013
1 of 1 wells

Last completion to plug: a median of 3.0 years across the 1 well that filed both dates, with the middle half between 3.0 years and 3.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-1753415015,474 ftJan 2010Jan 2013Yes

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 (37)

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

37 months

Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 201267191.612.49$6,140
Apr 201200101.652.00$0
Mar 20120627105.052.22$1,393
Feb 201201,411101.102.57$3,627
Jan 201201,54398.092.73$4,219
Dec 201101,70196.873.24$5,511
Nov 201101,64395.723.31$5,440
Oct 20111391,82384.983.65$18,464
Sep 201102,13283.623.99$8,498
Aug 201101,29983.404.15$5,390
Jul 201102,06394.144.52$9,319
Jun 201102,24692.904.64$10,421
May 201102,71098.134.40$11,937
Apr 201102,953105.964.33$12,796
Mar 201103,53796.364.06$14,351
Feb 201102,26485.644.18$9,463
Jan 201103,29986.504.59$15,138
Dec 201003,72785.734.35$16,204
Nov 201003,22680.843.80$12,244
Oct 201005,09478.103.51$17,874
Sep 201005,59572.633.98$22,265
Aug 201007,15173.684.42$31,603
Jul 201008,42572.554.74$39,905
Jun 201017710,67670.364.91$64,877
May 2010012,60671.124.24$53,389
Apr 2010012,27481.694.12$50,602
Mar 201018015,82178.394.39$83,543
Feb 2010011,48973.585.44$62,527
Jan 20100074.365.96$0

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 2012 — as filed, then multipliedworked
Condensate            67 bbl  × $ 91.61 =     $6,138
Gas                    1 Mcf  × $  2.49 =         $2

────────────────────────────────────────────────────
Month total                                   $6,140

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/255113 is the state's own key, not one this site invented.