MCCAN, C.K.

Name: MCCAN, C.K. lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

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

Oil lease lease 7561District 02Field 81266250OilCasinghead gasSave

Value, all time

$3.6 M

Jan 1993 – Feb 2003

Value, last 12 filed months

$14 k

at the published price for each month

Months reported

122

no gaps in the span

Streams

oil, casinghead gas

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.

Stream	Basis	Volume	Value
Oil	Disposition	207,133 bbl	$3,587,359
Casinghead gas	Production	1,328 Mcf	$0
Total			$3,587,359

1,328 Mcf of this lease's gas, across 22 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 (8)

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 28.9467, -96.9595. A lease has no coordinate of its own — that point is the mean of its wells, and they span 6.7 miles.

28.96045, -96.99903 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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%

8 of 8 wells

With a plug date

100.0%

8 of 8 wells

Median depth

2,508 ft

8 wells filed one

Completion to plug

8.8 years

median over 8 wells

What the state filed about each well

On the RRC proration schedule

8100.0%

A plug date is filed

8100.0%

BothOn the schedule and plugged. Neither fact cancels the other.

8100.0%

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

10k

12k

15k

20k+

Total depth in feet, 8 of 8 wells. Median 2,508 ft, with the middle half between 2,260 and 2,611 ft; the shallowest is 2,069 ft and the deepest 2,616 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

When they were last completed

80s

90s

Last completion by decade, 8 of 8 wells, Sep 1989 – Jun 1996. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed

Sep 1989 – Jun 1996

8 of 8 wells

Plug dates filed

Mar 2002 – Dec 2002

8 of 8 wells

Last completion to plug: a median of 8.8 years across the 8 wells that filed both dates, with the middle half between 8.0 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.

8 wells


42-46933155	4 B	2,069 ft	Jun 1996	Dec 2002	Yes
42-46933160	8	2,260 ft	Jun 1996	Dec 2002	Yes
42-46933021	4 A	2,260 ft	Feb 1994	Dec 2002	Yes
42-46932771	3	2,509 ft	Feb 1994	Dec 2002	Yes
42-46932989	7	2,616 ft	Oct 1993	Dec 2002	Yes
42-46932988	6	2,506 ft	Sep 1993	Mar 2002	Yes
42-46932978	5	2,610 ft	Jul 1993	Dec 2002	Yes
42-46932561	2	2,615 ft	Sep 1989	Dec 2002	Yes

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 2003	0	0	33.48	7.93	$0
Jan 2003	0	0	30.31	5.58	$0
Dec 2002	0	0	26.91	4.85	$0
Nov 2002	0	0	24.66	4.14	$0
Oct 2002	0	0	26.46	4.23	$0
Sep 2002	0	0	27.44	3.64	$0
Aug 2002	0	0	25.96	3.16	$0
Jul 2002	0	0	24.58	3.06	$0
Jun 2002	113	0	23.73	3.34	$2,681
May 2002	468	0	24.66	3.58	$11,541
Apr 2002	0	0	23.65	3.51	$0
Mar 2002	0	0	22.00	3.10	$0
Feb 2002	162	0	18.22	2.38	$2,952
Jan 2002	0	0	17.17	2.38	$0
Dec 2001	166	0	16.93	2.36	$2,810
Nov 2001	157	0	18.07	2.41	$2,837
Oct 2001	0	0	19.78	2.53	$0
Sep 2001	323	0	24.26	2.25	$7,836
Aug 2001	166	0	24.87	3.05	$4,128
Jul 2001	340	0	23.93	3.20	$8,136
Jun 2001	483	0	24.56	3.82	$11,862
May 2001	802	0	25.52	4.31	$20,467
Apr 2001	832	0	24.68	5.34	$20,534
Mar 2001	830	0	24.54	5.38	$20,368
Feb 2001	821	0	27.75	5.77	$22,783
Jan 2001	990	0	27.47	8.40	$27,195
Dec 2000	971	0	26.88	9.12	$26,100
Nov 2000	669	0	32.21	5.66	$21,548
Oct 2000	804	0	31.23	5.15	$25,109
Sep 2000	815	0	31.87	5.19	$25,974
Aug 2000	976	0	29.64	4.54	$28,929
Jul 2000	987	0	28.53	4.09	$28,159
Jun 2000	833	0	29.30	4.40	$24,407
May 2000	807	0	27.26	3.68	$21,999
Apr 2000	1,142	0	24.51	3.12	$27,990
Mar 2000	826	0	28.42	2.86	$23,475
Feb 2000	830	0	27.62	2.73	$22,925
Jan 2000	830	0	25.27	2.48	$20,974
Dec 1999	1,300	0	24.28	2.42	$31,564
Nov 1999	987	0	23.19	2.43	$22,889
Oct 1999	1,137	0	20.98	2.80	$23,854
Sep 1999	989	0	21.75	2.62	$21,511
Aug 1999	983	0	19.26	2.88	$18,933
Jul 1999	1,003	0	17.89	2.37	$17,944
Jun 1999	996	0	15.94	2.36	$15,876
May 1999	981	0	15.79	2.32	$15,490
Apr 1999	823	0	15.10	2.21	$12,427
Mar 1999	1,143	0	12.47	1.84	$14,253
Feb 1999	827	0	9.98	1.82	$8,253
Jan 1999	1,162	0	10.38	1.90	$12,062
Dec 1998	1,141	0	9.20	1.77	$10,497
Nov 1998	804	0	10.89	2.19	$8,756
Oct 1998	1,316	0	12.42	1.97	$16,345
Sep 1998	819	0	12.59	2.08	$10,311
Aug 1998	973	0	11.30	1.91	$10,995
Jul 1998	1,304	0	11.74	2.24	$15,309
Jun 1998	1,135	0	11.24	2.24	$12,757
May 1998	1,446	0	12.62	2.21	$18,249
Apr 1998	1,325	0	13.04	2.51	$17,278
Mar 1998	1,466	0	12.80	2.31	$18,765
Feb 1998	1,142	0	13.95	2.30	$15,931
Jan 1998	1,623	0	14.70	2.15	$23,858
Dec 1997	1,811	0	16.32	2.41	$29,556
Nov 1997	1,480	0	18.19	3.09	$26,921
Oct 1997	2,145	0	19.25	3.15	$41,291
Sep 1997	1,761	0	17.74	2.95	$31,240
Aug 1997	1,794	0	17.86	2.55	$32,041
Jul 1997	1,319	0	17.58	2.25	$23,188
Jun 1997	1,651	0	17.24	2.26	$28,463
May 1997	1,884	0	18.97	2.31	$35,739
Apr 1997	1,831	0	17.88	2.08	$32,738
Mar 1997	2,298	0	18.95	1.94	$43,547
Feb 1997	1,965	0	20.49	2.21	$40,263
Jan 1997	2,088	0	23.48	3.54	$49,026
Dec 1996	2,618	0	23.32	—	$61,052
Nov 1996	2,639	0	21.97	—	$57,979
Oct 1996	2,991	0	23.31	—	$69,720
Sep 1996	3,579	0	22.22	—	$79,525
Aug 1996	3,226	0	20.26	—	$65,359
Jul 1996	3,791	0	19.55	—	$74,114
Jun 1996	2,343	0	18.73	—	$43,884
May 1996	2,325	0	19.43	—	$45,175
Apr 1996	1,809	0	21.51	—	$38,912
Mar 1996	1,620	0	19.38	—	$31,396
Feb 1996	1,620	0	16.98	—	$27,508
Jan 1996	1,806	0	17.07	—	$30,828
Dec 1995	1,616	0	17.19	—	$27,779
Nov 1995	1,611	0	16.00	—	$25,776
Oct 1995	1,955	0	15.43	—	$30,166
Sep 1995	1,773	0	16.18	—	$28,687
Aug 1995	1,949	0	15.92	—	$31,028
Jul 1995	1,958	0	15.24	—	$29,840
Jun 1995	2,151	0	16.41	—	$35,298
May 1995	1,981	0	17.56	—	$34,786
Apr 1995	2,318	0	17.73	—	$41,098
Mar 1995	2,167	0	16.44	—	$35,625
Feb 1995	2,174	0	16.58	—	$36,045
Jan 1995	2,709	0	15.92	—	$43,127
Dec 1994	2,897	0	15.03	—	$43,542
Nov 1994	3,429	0	15.90	—	$54,521
Oct 1994	3,794	1	15.58	—	$59,111
Sep 1994	3,046	1	15.29	—	$46,573
Aug 1994	3,574	1	16.13	—	$57,649
Jul 1994	3,383	1	17.56	—	$59,405
Jun 1994	3,965	1	17.09	—	$67,762
May 1994	4,441	1	15.88	—	$70,523
Apr 1994	4,647	1	14.14	—	$65,709
Mar 1994	4,300	1	12.46	—	$53,578
Feb 1994	4,153	1	12.50	—	$51,913
Jan 1994	5,197	1	12.66	—	$65,794
Dec 1993	5,909	1	12.33	—	$72,858
Nov 1993	6,096	1	14.49	—	$88,331
Oct 1993	7,884	646	15.85	—	$124,961
Sep 1993	6,200	652	15.03	—	$93,186
Aug 1993	5,911	1	15.66	—	$92,566
Jul 1993	4,091	1	15.46	—	$63,247
Jun 1993	2,476	1	16.79	—	$41,572
May 1993	826	1	17.68	—	$14,604
Apr 1993	0	1	18.05	—	$0
Mar 1993	22	1	18.14	—	$399
Feb 1993	168	10	17.90	—	$3,007
Jan 1993	0	2	16.93	—	$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.

Jun 2002 — as filed, then multipliedworked

Oil                  113 bbl  × $ 23.73 =     $2,681
Casinghead gas         0 Mcf  × $  3.34 =         $0

────────────────────────────────────────────────────
Month total                                   $2,681

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/7561 is the state's own key, not one this site invented.