MCCAN, C. K. -B-

Operated by MARWELL PETROLEUM, INC. (P-5 531080) in the MCFADDIN, NORTH (3750) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 48988District 02Field 59373220GasSaveExport
Value, all time
$306 k
Jan 1993 – Aug 2003
Value, last 12 filed months
$3 k
at the published price for each month
Months reported
128
no gaps in the span
Streams
1
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 10 leases and 10 wells, and the rule below applies to all of them.

Discovered
1953-05-09
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

The Commission's schedule remark for this field reads: AOF-1 AND AOF-2 EFFECTIVE 03/01/96.

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
GasProduction215,067 Mcf$306,405
Total$306,405

111,982 Mcf of this lease's gas, across 48 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

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 28.5537, -96.9462. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.55372, -96.94624 · 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
7,515 ft
1 wells filed one
Completion to plug
33.0 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 7,515 ft.

Completions filed
Aug 1970
1 of 1 wells
Plug dates filed
Aug 2003
1 of 1 wells

Last completion to plug: a median of 33.0 years across the 1 well that filed both dates, with the middle half between 33.0 years and 33.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-469300751 T7,515 ftAug 1970Aug 2003Yes

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 (128)

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

128 months

Aug 2003029.765.13$0
Jul 2003029.415.17$0
Jun 2003028.565.98$0
May 2003026.595.97$0
Apr 2003026.675.41$0
Mar 2003031.146.10$0
Feb 2003033.487.93$0
Jan 2003030.315.58$0
Dec 2002026.914.85$0
Nov 2002024.664.14$0
Oct 200216426.464.23$694
Sep 200259227.443.64$2,152
Aug 20021,02425.963.16$3,240
Jul 200236524.583.06$1,118
Jun 20021,00023.733.34$3,338
May 20021,35424.663.58$4,853
Apr 200299623.653.51$3,498
Mar 20028422.003.10$261
Feb 2002018.222.38$0
Jan 200216717.172.38$397
Dec 200125916.932.36$612
Nov 20011,22518.072.41$2,947
Oct 20011,29219.782.53$3,267
Sep 20011,32924.262.25$2,992
Aug 20011,05824.873.05$3,230
Jul 20011,43523.933.20$4,588
Jun 20011,25924.563.82$4,815
May 20011,42425.524.31$6,134
Apr 20011,40524.685.34$7,496
Mar 20011,23224.545.38$6,624
Feb 20011,13527.755.77$6,546
Jan 200194227.478.40$7,912
Dec 20001,42126.889.12$12,963
Nov 20001,31232.215.66$7,423
Oct 20001,46531.235.15$7,538
Sep 20001,58131.875.19$8,200
Aug 20001,38729.644.54$6,298
Jul 20001,34128.534.09$5,484
Jun 20001,16729.304.40$5,132
May 20001,04427.263.68$3,842
Apr 20001,37924.513.12$4,297
Mar 20001,65228.422.86$4,724
Feb 20001,33727.622.73$3,645
Jan 20001,61625.272.48$4,008
Dec 19991,49624.282.42$3,626
Nov 19991,49723.192.43$3,644
Oct 19991,59620.982.80$4,475
Sep 19991,56421.752.62$4,096
Aug 19991,58719.262.88$4,564
Jul 19991,72117.892.37$4,083
Jun 19991,78315.942.36$4,212
May 19991,85415.792.32$4,303
Apr 19991,96615.102.21$4,341
Mar 19991,74912.471.84$3,215
Feb 19991,8969.981.82$3,447
Jan 19991,61910.381.90$3,076
Dec 19981,9519.201.77$3,460
Nov 19981,76410.892.19$3,856
Oct 19982,13312.421.97$4,200
Sep 19981,93812.592.08$4,036
Aug 19982,14811.301.91$4,097
Jul 19982,03811.742.24$4,560
Jun 19982,09311.242.24$4,683
May 19982,11512.622.21$4,666
Apr 19982,24713.042.51$5,629
Mar 19981,88012.802.31$4,342
Feb 19981,96313.952.30$4,513
Jan 19982,10314.702.15$4,532
Dec 19972,15516.322.41$5,196
Nov 19971,91818.193.09$5,923
Oct 19971,85419.253.15$5,840
Sep 19971,88517.742.95$5,570
Aug 19971,58417.862.55$4,047
Jul 19971,76817.582.25$3,973
Jun 19971,58717.242.26$3,582
May 19972,49518.972.31$5,760
Apr 19971,91417.882.08$3,986
Mar 19971,32318.951.94$2,565
Feb 19971,64820.492.21$3,635
Jan 19971,81023.483.54$6,407
Dec 19961,84723.32$0
Nov 19961,58221.97$0
Oct 19962,11823.31$0
Sep 19962,36622.22$0
Aug 19961,53520.26$0
Jul 19961,92519.55$0
Jun 19961,68818.73$0
May 19962,14019.43$0
Apr 19961,90721.51$0
Mar 19962,11319.38$0
Feb 19962,03416.98$0
Jan 19962,15817.07$0
Dec 19953,03817.19$0
Nov 19952,71216.00$0
Oct 19952,49015.43$0
Sep 19952,49416.18$0
Aug 19953,07815.92$0
Jul 19953,17315.24$0
Jun 19952,10316.41$0
May 19953,08817.56$0
Apr 19953,15517.73$0
Mar 19952,81116.44$0
Feb 19952,70116.58$0
Jan 19953,36815.92$0
Dec 19943,50115.03$0
Nov 19942,80015.90$0
Oct 19942,50015.58$0
Sep 19942,31815.29$0
Aug 19942,87516.13$0
Jul 19942,07917.56$0
Jun 19941,76817.09$0
May 19942,02715.88$0
Apr 19941,91214.14$0
Mar 19941,71012.46$0
Feb 19941,71012.50$0
Jan 19941,37412.66$0
Dec 19931,49212.33$0
Nov 19932,89014.49$0
Oct 19932,51415.85$0
Sep 19932,51415.03$0
Aug 19932,64615.66$0
Jul 19932,36615.46$0
Jun 19932,11516.79$0
May 19932,15717.68$0
Apr 19932,69618.05$0
Mar 19932,13118.14$0
Feb 19932,40217.90$0
Jan 19931,86116.93$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.

Oct 2002 — as filed, then multipliedworked
Gas                  164 Mcf  × $  4.23 =       $694

────────────────────────────────────────────────────
Month total                                     $694

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/48988 is the state's own key, not one this site invented.