MC FADDIN, A. M.

Operated by PENNZENERGY EXP. & PROD., L.L.C. (P-5 652345) in the MCFADDIN, EAST (5650) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 4470District 02Field 59372517OilCasinghead gasSaveExport
Value, all time
$230 k
Jan 1993 – Nov 1999
Value, last 12 filed months
$0
at the published price for each month
Months reported
83
no gaps in the span
Streams
2
oil, casinghead 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 1 leases and 2 wells, and the rule below applies to all of them.

Discovered
1949-10-05
as the register files it
Field class
Oil
the register's own label
Between wells
933 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres.

The Commission's schedule remark for this field reads: DIVIDED FROM MCFADDIN, EAST EFF. 2-1-69

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
OilDisposition14,067 bbl$228,156
Casinghead gasProduction56,231 Mcf$1,371
Total$229,527

55,713 Mcf of this lease's gas, across 36 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 (2)

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 28.5377, -96.9329. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

28.53768, -96.93290 · 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%
2 of 2 wells
With a plug date
50.0%
1 of 2 wells
Median depth
6,018 ft
2 wells filed one
Completion to plug
19.3 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
2100.0%
A plug date is filed
150.0%
BothOn the schedule and plugged. Neither fact cancels the other.
150.0%
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

Between 6,015 and 6,020 ft, median 6,018 ft, over the 2 wells that filed a depth.

Completions filed
Jul 1993 – Dec 1998
2 of 2 wells
Plug dates filed
Oct 2012
1 of 2 wells; 1 filed none

Last completion to plug: a median of 19.3 years across the 1 well that filed both dates, with the middle half between 19.3 years and 19.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-46902316A 18 U6,020 ftDec 1998Yes
42-46902318A 20 U6,015 ftJul 1993Oct 2012Yes

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 (83)

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

83 months

Nov 19990023.192.43$0
Oct 19990020.982.80$0
Sep 19990021.752.62$0
Aug 19990019.262.88$0
Jul 19990017.892.37$0
Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 19990012.471.84$0
Feb 1999009.981.82$0
Jan 19990010.381.90$0
Dec 1998009.201.77$0
Nov 19980010.892.19$0
Oct 19980012.421.97$0
Sep 19980012.592.08$0
Aug 19980011.301.91$0
Jul 19980011.742.24$0
Jun 19980011.242.24$0
May 19980012.622.21$0
Apr 19980013.042.51$0
Mar 19980012.802.31$0
Feb 19980013.952.30$0
Jan 19980014.702.15$0
Dec 19970016.322.41$0
Nov 19970018.193.09$0
Oct 19970019.253.15$0
Sep 199726017.742.95$461
Aug 19974747017.862.55$2,040
Jul 19970017.582.25$0
Jun 19970017.242.26$0
May 19970018.972.31$0
Apr 19970017.882.08$0
Mar 19970018.951.94$0
Feb 19975020.492.21$102
Jan 199794823.483.54$381
Dec 19960023.32$0
Nov 19960021.97$0
Oct 19960023.31$0
Sep 19960022.22$0
Aug 19960020.26$0
Jul 19960019.55$0
Jun 19966018.73$112
May 1996938919.43$1,807
Apr 199619383321.51$4,151
Mar 199625792819.38$4,981
Feb 19962531,02716.98$4,296
Jan 19962611,05117.07$4,455
Dec 19953261,13117.19$5,604
Nov 19953521,55116.00$5,632
Oct 199519982815.43$3,071
Sep 19953471,14516.18$5,614
Aug 19954541,72615.92$7,228
Jul 19953541,60715.24$5,395
Jun 19954992,31616.41$8,189
May 19952871,42717.56$5,040
Apr 19953621,35017.73$6,418
Mar 19954141,32716.44$6,806
Feb 19952971,18716.58$4,924
Jan 19953511,06415.92$5,588
Dec 19943911,32515.03$5,877
Nov 19945222,36915.90$8,300
Oct 19945222,17915.58$8,133
Sep 19945282,36915.29$8,073
Aug 19945632,04016.13$9,081
Jul 19945041,59617.56$8,850
Jun 19944972,66417.09$8,494
May 19945762,70015.88$9,147
Apr 19944761,98714.14$6,731
Mar 19945341,82112.46$6,654
Feb 19944561,72812.50$5,700
Jan 19940012.66$0
Dec 19930012.33$0
Nov 1993178014.49$2,579
Oct 199330597315.85$4,834
Sep 19933015.03$45
Aug 1993849415.66$1,315
Jul 19935831,17715.46$9,013
Jun 19932842,96616.79$4,768
May 199356017.68$990
Apr 19935052,40118.05$9,115
Mar 199335898018.14$6,494
Feb 199335090017.90$6,265
Jan 19934002,85716.93$6,772

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.

Sep 1997 — as filed, then multipliedworked
Oil                   26 bbl  × $ 17.74 =       $461
Casinghead gas         0 Mcf  × $  2.95 =         $0

────────────────────────────────────────────────────
Month total                                     $461

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/O/4470 is the state's own key, not one this site invented.