MCCAN, C. K.

Operated by ALLEGRO INVESTMENTS, INC. (P-5 13305) in the WELDER RANCH (1960) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 6843District 02Field 96110406OilCasinghead gasSaveExport
Value, all time
$411 k
Jan 1993 – Feb 2003
Value, last 12 filed months
$5 k
at the published price for each month
Months reported
122
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 6 leases and 9 wells, and the rule below applies to all of them.

Discovered
1984-12-29
as the register files it
Field class
Oil
the register's own label
Between wells
660 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 1985-04-08.

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
OilDisposition22,760 bbl$410,848
Casinghead gasProduction17,454 Mcf$0
Total$410,848

17,454 Mcf of this lease's gas, across 40 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 (4)

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 28.9409, -96.9713. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

28.94083, -96.97137 · 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%
4 of 4 wells
With a plug date
100.0%
4 of 4 wells
Median depth
3,267 ft
4 wells filed one
Completion to plug
6.9 years
median over 4 wells

What the state filed about each well

On the RRC proration schedule
4100.0%
A plug date is filed
4100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
4100.0%
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 2,221 and 4,315 ft, median 3,267 ft, over the 4 wells that filed a depth.

Completions filed
Mar 1988 – Nov 1997
4 of 4 wells
Plug dates filed
Mar 2002 – Jan 2003
4 of 4 wells

Last completion to plug: a median of 6.9 years across the 4 wells that filed both dates, with the middle half between 5.8 years and 9.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

4 wells

42-4693237862,261 ftNov 1997Mar 2002Yes
42-4693232734,315 ftAug 1996Dec 2002Yes
42-4693236044,272 ftAug 1995Jan 2003Yes
42-4693259152,221 ftMar 1988Jan 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 (122)

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

122 months

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 2002221023.733.34$5,244
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 2002161018.222.38$2,933
Jan 2002336017.172.38$5,769
Dec 2001167016.932.36$2,827
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 2001315024.873.05$7,834
Jul 2001340023.933.20$8,136
Jun 2001156024.563.82$3,831
May 2001328025.524.31$8,371
Apr 2001322024.685.34$7,947
Mar 2001164024.545.38$4,025
Feb 2001172027.755.77$4,773
Jan 2001160027.478.40$4,395
Dec 2000331026.889.12$8,897
Nov 20000032.215.66$0
Oct 2000319031.235.15$9,962
Sep 2000162031.875.19$5,163
Aug 2000315029.644.54$9,337
Jul 2000164028.534.09$4,679
Jun 2000342029.304.40$10,021
May 2000161027.263.68$4,389
Apr 2000165024.513.12$4,044
Mar 2000164028.422.86$4,661
Feb 2000494027.622.73$13,644
Jan 20000025.272.48$0
Dec 1999170024.282.42$4,128
Nov 1999333023.192.43$7,722
Oct 1999166020.982.80$3,483
Sep 1999168021.752.62$3,654
Aug 1999321019.262.88$6,182
Jul 1999166017.892.37$2,970
Jun 1999327015.942.36$5,212
May 1999340015.792.32$5,369
Apr 1999169015.102.21$2,552
Mar 1999162012.471.84$2,020
Feb 199933909.981.82$3,383
Jan 1999165010.381.90$1,713
Dec 199833109.201.77$3,045
Nov 1998161010.892.19$1,753
Oct 1998166012.421.97$2,062
Sep 1998165012.592.08$2,077
Aug 1998323011.301.91$3,650
Jul 1998168011.742.24$1,972
Jun 1998164011.242.24$1,843
May 1998317012.622.21$4,001
Apr 1998162013.042.51$2,112
Mar 1998316012.802.31$4,045
Feb 1998166013.952.30$2,316
Jan 1998333014.702.15$4,895
Dec 1997330016.322.41$5,386
Nov 19970018.193.09$0
Oct 1997127019.253.15$2,445
Sep 19970017.742.95$0
Aug 19970017.862.55$0
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 19970020.492.21$0
Jan 19970023.483.54$0
Dec 19960023.32$0
Nov 19960021.97$0
Oct 199603523.31$0
Sep 19968515022.22$1,889
Aug 19964718620.26$952
Jul 199617527319.55$3,421
Jun 19960018.73$0
May 1996303019.43$5,887
Apr 1996161021.51$3,463
Mar 19961421,52319.38$2,752
Feb 1996147016.98$2,496
Jan 199609317.07$0
Dec 19951499317.19$2,561
Nov 199541016.00$656
Oct 199547428615.43$7,314
Sep 199560476316.18$9,773
Aug 199514042915.92$2,229
Jul 199521829615.24$3,322
Jun 199515022516.41$2,462
May 199514528217.56$2,546
Apr 199597017.73$1,720
Mar 199521125516.44$3,469
Feb 199519745016.58$3,266
Jan 199533894915.92$5,381
Dec 199419579515.03$2,931
Nov 19943419015.90$5,422
Oct 19943849315.58$5,983
Sep 199432137615.29$4,908
Aug 19944199316.13$6,758
Jul 19943289317.56$5,760
Jun 19943192,14917.09$5,452
May 199422452615.88$3,557
Apr 199429053514.14$4,101
Mar 199410650212.46$1,321
Feb 19943651,16912.50$4,563
Jan 199454523012.66$6,900
Dec 199342563812.33$5,240
Nov 19935167514.49$7,477
Oct 199324838415.85$3,931
Sep 199338622115.03$5,802
Aug 199324835715.66$3,884
Jul 19931971,10815.46$3,046
Jun 199325428016.79$4,265
May 19932769017.68$4,880
Apr 199327224318.05$4,910
Mar 199334072218.14$6,168
Feb 1993030417.90$0
Jan 19934239316.93$7,161

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.

Jun 2002 — as filed, then multipliedworked
Oil                  221 bbl  × $ 23.73 =     $5,244
Casinghead gas         0 Mcf  × $  3.34 =         $0

────────────────────────────────────────────────────
Month total                                   $5,244

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/6843 is the state's own key, not one this site invented.