FOUR-WAY RANCH

Operated by MCGOWAN WORKING PARTNERS, INC. (P-5 549836) in the LOLITA, DEEP (4-WAY ZONE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 849District 02Field 54458574OilCasinghead gasSave
Value, all time
$11.2 M
Jan 1993 – May 2026
Value, last 12 filed months
$388 k
at the published price for each month
Months reported
401
no gaps in the span
Streams
2
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.

StreamBasisVolumeValue
OilDisposition165,059 bbl$9,778,821
Casinghead gasProduction357,580 Mcf$1,375,524
Total$11,154,345

490 Mcf of this lease's gas, across 25 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 (7)

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 28.8495, -96.5105. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

28.84847, -96.51075 · 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
71.4%
5 of 7 wells
With a plug date
28.6%
2 of 7 wells
Median depth
8,009 ft
5 wells filed one
Completion to plug
12.7 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
571.4%
A plug date is filed
228.6%
BothOn the schedule and plugged. Neither fact cancels the other.
228.6%
NeitherNo plug date, and not on the schedule.
228.6%

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 6,444 and 8,452 ft, median 8,009 ft, over the 5 wells that filed a depth.

Completions filed
Aug 1985 – Sep 2016
5 of 7 wells; 2 filed none
Plug dates filed
Sep 1995 – Mar 2008
2 of 7 wells; 5 filed none

Last completion to plug: a median of 12.7 years across the 2 wells that filed both dates, with the middle half between 11.4 years and 14.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

7 wells

42-239021769Yes
42-2390218013Yes
42-23902184208,014 ftSep 2016
42-23902179128,452 ftNov 2011Yes
42-23902192327,052 ftAug 2006
42-23902185218,009 ftDec 1992Mar 2008Yes
42-23902178116,444 ftAug 1985Sep 1995Yes

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 (401)

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

401 months

May 20263622,046106.413.05$44,752
Apr 20264171,98098.932.87$46,936
Mar 20264252,04689.753.15$44,588
Feb 20263661,84863.503.75$30,172
Jan 20262901,78259.138.00$31,400
Dec 20253702,04656.664.41$29,994
Nov 20252882,04658.593.93$24,907
Oct 20253802,04659.383.30$29,326
Sep 20253751,98062.743.08$29,620
Aug 20252902,04663.933.01$24,708
Jul 20252852,04666.743.32$25,804
Jun 20252881,98066.483.13$25,341
May 20252862,04660.553.23$23,931
Apr 20252891,98062.363.54$25,037
Mar 20252821,84867.704.27$26,979
Feb 20253241,84870.884.34$30,987
Jan 20252111,84874.324.28$23,589
Dec 20241402,04668.993.12$16,045
Nov 20242841,98069.052.20$23,963
Oct 20242162,04671.372.28$20,084
Sep 20242841,98069.612.36$24,451
Aug 20242072,04675.632.06$19,878
Jul 20242171,91479.932.15$21,453
Jun 20242231,91478.082.63$22,453
May 20242102,04678.812.20$21,048
Apr 20242901,98084.451.66$27,776
Mar 20242942,04680.301.55$26,770
Feb 20243021,91476.091.78$26,393
Jan 20243081,91473.023.30$28,802
Dec 20232322,04671.262.61$21,874
Nov 20233051,98077.892.81$29,315
Oct 20233492,04685.443.09$36,135
Sep 20232981,98089.042.74$31,949
Aug 20232652,04680.522.67$26,807
Jul 20233522,04674.852.64$31,752
Jun 20232881,98068.962.26$24,332
May 20233562,04670.622.23$29,698
Apr 20232901,98078.122.24$27,086
Mar 20232982,04672.852.39$26,606
Feb 20232921,84875.112.47$26,489
Jan 20233962,04676.533.39$37,237
Dec 20223241,84876.415.73$35,344
Nov 20223211,98085.005.65$38,464
Oct 20223982,04687.185.86$46,695
Sep 20223161,98084.888.16$42,986
Aug 20223262,04694.529.13$49,488
Jul 20223712,046101.587.54$53,117
Jun 20223651,980115.097.98$57,803
May 20223762,046109.378.43$58,377
Apr 20222981,980104.226.84$44,596
Mar 20222931,980108.885.08$41,953
Feb 20222861,84891.054.86$35,019
Jan 20224182,04681.844.54$43,493
Dec 20212882,06471.323.90$28,588
Nov 20213631,98077.435.24$38,476
Oct 20214292,04679.795.71$45,920
Sep 20213671,98069.865.35$36,233
Aug 20214952,04666.024.22$41,315
Jul 20214102,04670.783.98$37,167
Jun 20214221,98069.493.38$36,018
May 20214262,04663.483.02$33,217
Apr 20213671,98060.362.76$27,614
Mar 20213052,04661.302.72$24,255
Feb 20212392,07257.805.55$25,310
Jan 20213732,29450.412.81$25,250
Dec 20202942,29444.642.68$19,262
Nov 20203122,22038.772.71$18,105
Oct 20203622,29436.972.48$19,069
Sep 20203022,22037.091.99$15,621
Aug 20202432,29439.982.39$15,187
Jul 20203102,29438.371.83$16,082
Jun 20203092,22034.901.69$14,537
May 20203742,29416.921.81$10,491
Apr 20203002,22014.751.80$8,431
Mar 20203682,29430.341.86$15,423
Feb 20203062,14649.881.98$19,514
Jan 20202972,14657.252.09$21,499
Dec 20193642,14659.012.30$26,425
Nov 20192892,22055.302.75$22,088
Oct 20193452,29453.472.42$23,995
Sep 20193582,22055.052.66$25,607
Aug 20191121,99853.112.30$10,552
Jul 20193482,29456.272.46$25,225
Jun 20193542,22052.782.49$24,215
May 20193652,29458.482.74$27,631
Apr 20193562,22062.632.75$28,403
Mar 20194792,29456.803.06$34,232
Feb 20193011,03650.852.79$18,199
Jan 20193702,29446.033.23$24,437
Dec 20184322,29446.594.19$29,728
Nov 20184082,22052.934.24$31,002
Oct 20183592,29461.443.40$29,852
Sep 20184211,08059.543.11$28,423
Aug 20184231,11659.403.07$28,548
Jul 20183741,11665.142.93$27,634
Jun 20183751,08060.183.08$25,891
May 20183561,11665.382.90$26,513
Apr 20184231,08063.842.90$30,137
Mar 20184201,11661.222.79$28,823
Feb 20183561,00861.782.77$24,782
Jan 20184891,11662.874.01$35,218
Dec 20173061,11657.272.92$20,785
Nov 20174911,08055.423.12$30,579
Oct 20174271,11649.292.98$24,377
Sep 20173051,08047.523.09$17,828
Aug 201735986445.373.00$18,884
Jul 20173461,11643.873.09$18,624
Jun 20173441,08042.493.09$17,951
May 20173901,11645.373.26$21,336
Apr 20172771,08047.933.21$16,745
Mar 20173881,14746.772.98$21,569
Feb 20173571,03650.452.95$21,070
Jan 20174851,11049.413.42$27,759
Dec 20163831,14748.763.72$22,945
Nov 20163811,11042.492.64$19,124
Oct 20164151,14746.193.09$22,713
Sep 20164071,11041.553.10$20,353
Aug 20164061,14741.442.92$20,179
Jul 20163101,14741.622.92$16,256
Jun 20163451,11045.352.69$18,627
May 20163441,14742.521.99$16,911
Apr 20163931,02036.561.99$16,399
Mar 20163551,14733.011.79$13,776
Feb 201635336526.472.06$10,097
Jan 201639157627.352.36$12,056
Dec 201543157432.362.00$15,096
Nov 201537258338.792.17$15,693
Oct 201537668743.552.43$18,042
Sep 201542068542.992.76$19,945
Aug 201536977140.162.87$17,034
Jul 201544780348.152.95$23,888
Jun 201534678256.152.88$21,682
May 201535572155.212.96$21,730
Apr 201544969949.822.71$24,261
Mar 201541168442.892.93$19,635
Feb 201537763644.662.98$18,730
Jan 201556461843.433.10$26,411
Dec 201457372554.693.59$33,941
Nov 201438268470.464.25$29,824
Oct 201457177178.303.90$47,717
Sep 201450371786.164.05$46,239
Aug 201449880189.394.04$47,748
Jul 201483588596.564.18$84,327
Jun 20148321,17398.164.74$87,225
May 201476197394.734.73$76,688
Apr 201491590795.944.81$92,147
Mar 20141,01998795.895.06$102,703
Feb 20141,04195697.406.19$107,313
Jan 20141,07087290.404.86$100,967
Dec 20131,18284291.824.35$112,198
Nov 20131,3471,18588.853.74$124,111
Oct 20131,2671,00997.423.78$127,245
Sep 20136651,084104.113.72$73,263
Aug 20138031,080104.253.52$87,517
Jul 20137321,240102.523.72$79,655
Jun 20139701,20094.403.93$96,288
May 20137781,17894.834.15$78,665
Apr 20136991,14093.964.28$70,560
Mar 20134851,00493.623.91$49,334
Feb 20136671,06491.233.42$64,489
Jan 20139031,17891.603.42$86,743
Dec 20121,0471,30886.773.42$95,322
Nov 20128501,14086.953.62$78,040
Oct 20121,3161,07889.383.40$121,289
Sep 20121,0701,14094.672.92$104,624
Aug 20121,2421,17892.662.91$118,510
Jul 20121,1641,33085.133.02$103,109
Jun 20121,4501,28779.822.52$118,981
May 20121,00483491.612.49$94,052
Apr 2012994747101.652.00$102,532
Mar 20121,0461,085105.052.22$112,293
Feb 20128681,276101.102.57$91,034
Jan 20121,0201,36498.092.73$103,781
Dec 20111,1661,36496.873.24$117,369
Nov 20115651,14095.723.31$57,857
Oct 20116101,03484.983.65$55,610
Sep 201160687083.623.99$54,141
Aug 201152274483.404.15$46,622
Jul 201175274494.144.52$74,154
Jun 201168372092.904.64$66,791
May 201170974498.134.40$72,851
Apr 2011834720105.964.33$91,491
Mar 20116961,70596.364.06$73,984
Feb 201140875085.644.18$38,076
Jan 20111321,55086.504.59$18,531
Dec 2010991,55085.734.35$15,226
Nov 201010628580.843.80$9,651
Oct 20108185078.103.51$9,309
Sep 20101651,17172.633.98$16,644
Aug 20104311,10173.684.42$36,622
Jul 201036614772.554.74$27,250
Jun 2010013770.364.91$673
May 2010056971.124.24$2,410
Apr 201031559881.694.12$28,198
Mar 201033564878.394.39$29,105
Feb 201030058573.585.44$25,258
Jan 201035566774.365.96$30,376
Dec 200924953271.445.48$20,706
Nov 200939866474.593.75$32,178
Oct 200941058172.544.11$32,129
Sep 200937159165.543.06$26,127
Aug 200932955967.423.22$23,980
Jul 200936448261.133.46$23,921
Jun 200944148366.163.90$31,058
May 200941257554.743.93$24,810
Apr 20093661,93646.773.59$24,063
Mar 20093721,50642.144.06$21,789
Feb 20095943,06732.814.63$33,699
Jan 20098682,92135.865.37$46,815
Dec 20087462,83537.105.98$44,622
Nov 200871782255.496.86$45,426
Oct 20081,0021,32675.246.92$84,569
Sep 2008710809101.767.88$78,622
Aug 2008714795114.228.48$88,297
Jul 2008770872131.0811.39$110,863
Jun 2008306325131.3313.03$44,423
May 2008694642123.1711.57$92,911
Apr 2008664690110.3110.45$80,460
Mar 2008326933101.909.66$42,236
Feb 200858164592.538.77$59,417
Jan 20086181,03890.388.21$64,372
Dec 20077771,34988.337.30$78,483
Nov 20075191,16491.677.29$56,064
Oct 200783693282.856.92$75,714
Sep 200732241175.846.24$26,987
Aug 20070069.066.39$0
Jul 2007613770.906.39$4,561
Jun 200741949662.007.55$29,722
May 200772759158.747.85$47,341
Apr 200761975059.617.81$42,752
Mar 200758061256.927.30$37,482
Feb 200743359755.108.22$28,763
Jan 20075421,26950.306.73$35,799
Dec 200659756156.656.92$37,701
Nov 200671868454.207.62$44,126
Oct 2006768054.906.01$42,163
Sep 2006592060.085.04$35,567
Aug 2006883068.717.34$60,671
Jul 2006551069.376.34$38,223
Jun 2006256066.286.38$16,968
May 2006233066.016.42$15,380
Apr 2006339064.397.36$21,828
Mar 2006357056.707.08$20,242
Feb 2006382057.597.75$21,999
Jan 2006554060.598.93$33,567
Dec 2005321054.9413.42$17,636
Nov 2005385054.6910.59$21,056
Oct 2005293058.3413.80$17,094
Sep 2005292061.4512.08$17,943
Aug 2005222061.519.80$13,655
Jul 2005503055.697.84$28,012
Jun 2005451052.337.38$23,601
May 2005484045.226.65$21,886
Apr 2005358049.207.36$17,614
Mar 2005343050.377.15$17,277
Feb 2005180045.226.31$8,140
Jan 2005305043.166.32$13,164
Dec 2004411039.866.75$16,382
Nov 2004384045.286.33$17,388
Oct 2004384049.706.52$19,085
Sep 2004412043.245.28$17,815
Aug 200437324542.375.55$17,164
Jul 200442422638.286.08$17,606
Jun 200428619636.106.43$11,585
May 200426615237.486.49$10,957
Apr 200430212734.475.86$11,154
Mar 200435914634.365.53$13,143
Feb 200429512832.455.51$10,278
Jan 200429513232.036.30$10,280
Dec 200326411530.266.30$8,713
Nov 200326615128.804.60$8,355
Oct 200326216528.174.76$8,166
Sep 200329082026.314.75$11,524
Aug 200332582129.765.13$13,884
Jul 200312183229.415.17$7,861
Jun 200334385028.565.98$14,882
May 200319083526.595.97$10,039
Apr 200324485926.675.41$11,152
Mar 200318588831.146.10$11,174
Feb 200328687933.487.93$16,542
Jan 200325885230.315.58$12,576
Dec 200227784526.914.85$11,556
Nov 200222483224.664.14$8,966
Oct 200224284826.464.23$9,990
Sep 200230086227.443.64$11,366
Aug 200236185625.963.16$12,080
Jul 200245284624.583.06$13,700
Jun 200253582123.733.34$15,436
May 200255470824.663.58$16,199
Apr 200236069023.653.51$10,938
Mar 200234867222.003.10$9,741
Feb 200228668518.222.38$6,838
Jan 200233970217.172.38$7,488
Dec 200135768516.932.36$7,664
Nov 200138971118.072.41$8,740
Oct 200136668019.782.53$8,959
Sep 200129266724.262.25$8,586
Aug 200120465424.873.05$7,070
Jul 200130966423.933.20$9,517
Jun 200130264524.563.82$9,884
May 200126573125.524.31$9,911
Apr 200131971424.685.34$11,682
Mar 200161770824.545.38$18,948
Feb 200120971127.755.77$9,900
Jan 200119580827.478.40$12,143
Dec 200025079226.889.12$13,945
Nov 200026861032.215.66$12,084
Oct 200023367731.235.15$10,760
Sep 200021251131.875.19$9,407
Aug 200027971029.644.54$11,493
Jul 200029761128.534.09$10,972
Jun 200018442729.304.40$7,269
May 200014831927.263.68$5,208
Apr 2000012924.513.12$402
Mar 2000251028.422.86$7,133
Feb 200054027.622.73$1,491
Jan 20000025.272.48$0
Dec 199932024.282.42$777
Nov 199915023.192.43$348
Oct 199946020.982.80$965
Sep 199949021.752.62$1,066
Aug 199919019.262.88$366
Jul 19990017.892.37$0
Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 199932015.102.21$483
Mar 19990012.471.84$0
Feb 19992209.981.82$220
Jan 199944010.381.90$457
Dec 199829109.201.77$2,677
Nov 199890010.892.19$980
Oct 1998306012.421.97$3,801
Sep 1998327012.592.08$4,117
Aug 1998190011.301.91$2,147
Jul 1998372011.742.24$4,367
Jun 1998241011.242.24$2,709
May 1998237012.622.21$2,991
Apr 1998295013.042.51$3,847
Mar 1998401012.802.31$5,133
Feb 1998362013.952.30$5,050
Jan 1998415014.702.15$6,101
Dec 1997484016.322.41$7,899
Nov 1997516018.193.09$9,386
Oct 1997381019.253.15$7,334
Sep 1997437017.742.95$7,752
Aug 1997420017.862.55$7,501
Jul 1997436017.582.25$7,665
Jun 1997473017.242.26$8,155
May 1997337018.972.31$6,393
Apr 1997455017.882.08$8,135
Mar 1997454018.951.94$8,603
Feb 1997446020.492.21$9,139
Jan 1997409023.483.54$9,603
Dec 1996447023.32$10,424
Nov 1996430021.97$9,447
Oct 1996462023.31$10,769
Sep 1996367022.22$8,155
Aug 1996365020.26$7,395
Jul 1996422019.55$8,250
Jun 1996388018.73$7,267
May 1996358019.43$6,956
Apr 1996364021.51$7,830
Mar 1996343019.38$6,647
Feb 1996208016.98$3,532
Jan 1996212017.07$3,619
Dec 1995361017.19$6,206
Nov 1995442016.00$7,072
Oct 1995448015.43$6,913
Sep 1995404016.18$6,537
Aug 1995418015.92$6,655
Jul 1995598015.24$9,114
Jun 1995361016.41$5,924
May 1995617017.56$10,835
Apr 1995555017.73$9,840
Mar 1995167016.44$2,745
Feb 1995419116.58$6,947
Jan 1995384115.92$6,113
Dec 1994475115.03$7,139
Nov 199443846615.90$6,964
Oct 1994436115.58$6,793
Sep 1994429115.29$6,559
Aug 1994389116.13$6,275
Jul 1994405117.56$7,112
Jun 19940017.09$0
May 1994373115.88$5,923
Apr 1994426114.14$6,024
Mar 1994398112.46$4,959
Feb 1994347112.50$4,338
Jan 1994681112.66$8,621
Dec 1993292112.33$3,600
Nov 1993424114.49$6,144
Oct 1993419115.85$6,641
Sep 1993387115.03$5,817
Aug 1993410115.66$6,421
Jul 1993351115.46$5,426
Jun 1993446116.79$7,488
May 1993410117.68$7,249
Apr 1993400118.05$7,220
Mar 1993417118.14$7,564
Feb 1993428117.90$7,661
Jan 1993443116.93$7,500

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 2026 — as filed, then multipliedworked
Oil                  362 bbl  × $106.41 =    $38,520
Casinghead gas     2,046 Mcf  × $  3.05 =     $6,232

────────────────────────────────────────────────────
Month total                                  $44,752

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/849 is the state's own key, not one this site invented.