MCRAE "A"

Operated by TEXAKOTA, INC. (P-5 844193) in the ARRIOLA (YEGUA 9100) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 105228District 03Field 03862600NGPA filingCondensateGasSaveExport
Value, all time
$2.1 M
Jan 1993 – Jul 2009
Value, last 12 filed months
$0
at the published price for each month
Months reported
199
no gaps in the span
Streams
2
condensate, 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 7 leases and 7 wells, and the rule below applies to all of them.

Discovered
1979-01-16
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: ALLOCATION FORMULA SUSPENDED PER OPERATOR REQUEST, EFF 12-1-92.

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
CondensateDisposition29,288 bbl$617,853
GasProduction1,001,173 Mcf$1,437,469
Total$2,055,322

616,857 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 30.2423, -94.2282. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.24234, -94.22817 · 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
10,000 ft
1 wells filed one
Completion to plug
26.3 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 10,000 ft.

Completions filed
Mar 1983
1 of 1 wells
Plug dates filed
Jul 2009
1 of 1 wells

Last completion to plug: a median of 26.3 years across the 1 well that filed both dates, with the middle half between 26.3 years and 26.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-19931775310,000 ftMar 1983Jul 2009Yes

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 (199)

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

199 months

Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 2007379182.856.92$31,407
Sep 20070175.846.24$6
Aug 20070169.066.39$6
Jul 20070170.906.39$6
Jun 20070162.007.55$8
May 20070158.747.85$8
Apr 20070159.617.81$8
Mar 20070156.927.30$7
Feb 20070155.108.22$8
Jan 20070150.306.73$7
Dec 20060156.656.92$7
Nov 20060154.207.62$8
Oct 20060154.906.01$6
Sep 20060160.085.04$5
Aug 20060168.717.34$7
Jul 20060169.376.34$6
Jun 20060166.286.38$6
May 20060166.016.42$6
Apr 20060164.397.36$7
Mar 200638814256.707.08$23,005
Feb 2006010957.597.75$845
Jan 2006014260.598.93$1,269
Dec 200519613654.9413.42$12,593
Nov 200503354.6910.59$349
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 200501,52452.337.38$11,249
May 200501,45545.226.65$9,677
Apr 200502,40049.207.36$17,665
Mar 20053952,61450.377.15$38,599
Feb 200502,42345.226.31$15,294
Jan 20051922,83543.166.32$26,210
Dec 20041883,61639.866.75$31,906
Nov 200404,01545.286.33$25,417
Oct 200403,85549.706.52$25,116
Sep 200404,26543.245.28$22,536
Aug 200404,63242.375.55$25,711
Jul 20041894,09738.286.08$32,162
Jun 20041874,23336.106.43$33,982
May 20041953,93437.486.49$32,858
Apr 200404,94234.475.86$28,953
Mar 20041943,62034.365.53$26,685
Feb 200402,44832.455.51$13,488
Jan 20041952,63032.036.30$22,814
Dec 200303,01130.266.30$18,974
Nov 20031933,02828.804.60$19,473
Oct 20031933,11728.174.76$20,273
Sep 200303,42826.314.75$16,281
Aug 200302,41829.765.13$12,404
Jul 200302,94229.415.17$15,213
Jun 20031922,85128.565.98$22,541
May 20031973,08926.595.97$23,688
Apr 20031893,01426.675.41$21,338
Mar 200303,06531.146.10$18,684
Feb 200302,34133.487.93$18,554
Jan 200302,19930.315.58$12,275
Dec 20021973,06926.914.85$20,197
Nov 200203,15224.664.14$13,040
Oct 200202,89726.464.23$12,252
Sep 20021942,66827.443.64$15,022
Aug 200202,85325.963.16$9,027
Jul 20021952,92024.583.06$13,733
Jun 200202,85123.733.34$9,517
May 20021772,70624.663.58$14,063
Apr 200202,79023.653.51$9,799
Mar 20021932,84222.003.10$13,064
Feb 200202,49518.222.38$5,927
Jan 200202,88617.172.38$6,856
Dec 20011882,82416.932.36$9,860
Nov 20011913,20518.072.41$11,161
Oct 200103,21819.782.53$8,138
Sep 20011933,25224.262.25$12,003
Aug 200103,33724.873.05$10,188
Jul 20011893,30023.933.20$15,073
Jun 200103,02224.563.82$11,557
May 20011973,08425.524.31$18,311
Apr 200102,88524.685.34$15,392
Mar 20011973,03824.545.38$21,168
Feb 200102,82927.755.77$16,315
Jan 200103,08727.478.40$25,927
Dec 20001993,15126.889.12$34,094
Nov 200003,10032.215.66$17,540
Oct 20001993,20831.235.15$22,722
Sep 200003,34231.875.19$17,333
Aug 20001933,55329.644.54$21,854
Jul 200003,36228.534.09$13,750
Jun 20001943,38129.304.40$20,551
May 200003,53627.263.68$13,012
Apr 20001963,40824.513.12$15,423
Mar 200003,55228.422.86$10,158
Feb 20002013,25427.622.73$14,424
Jan 20001943,41425.272.48$13,371
Dec 19991943,60424.282.42$13,445
Nov 199903,56523.192.43$8,677
Oct 19991983,78920.982.80$14,777
Sep 199903,65421.752.62$9,569
Aug 19991968,88419.262.88$29,322
Jul 19991979,39017.892.37$25,801
Jun 199904,33715.942.36$10,244
May 19991963,82515.792.32$11,973
Apr 19991913,61715.102.21$10,871
Mar 199903,97212.471.84$7,302
Feb 19991983,8079.981.82$8,896
Jan 19991904,27310.381.90$10,091
Dec 199804,2119.201.77$7,467
Nov 19981964,27810.892.19$11,485
Oct 19981904,27512.421.97$10,778
Sep 199804,41712.592.08$9,199
Aug 19981954,35211.301.91$10,504
Jul 19981954,75811.742.24$12,934
Jun 19981924,58511.242.24$12,416
May 19981934,73712.622.21$12,887
Apr 19981944,66713.042.51$14,222
Mar 19981944,98212.802.31$13,989
Feb 199804,89113.952.30$11,245
Jan 19981902,43114.702.15$8,031
Dec 19971933,36216.322.41$11,256
Nov 19971935,05318.193.09$19,116
Oct 19971925,10819.253.15$19,785
Sep 19971915,93817.742.95$20,934
Aug 19971866,32017.862.55$19,468
Jul 19973896,99117.582.25$22,547
Jun 19971936,59817.242.26$18,220
May 19971936,21818.972.31$18,015
Apr 19973796,92217.882.08$21,194
Mar 19971955,61118.951.94$14,576
Feb 19971954,36820.492.21$13,631
Jan 19971836,43323.483.54$27,068
Dec 19962025,50623.32$4,711
Nov 19963886,43421.97$8,524
Oct 19961966,57123.31$4,569
Sep 19961916,59322.22$4,244
Aug 19961923,36320.26$3,890
Jul 19963865,38019.55$7,546
Jun 19961877,61918.73$3,503
May 19961938,63719.43$3,750
Apr 19963928,67821.51$8,432
Mar 19963839,88619.38$7,423
Feb 19963949,61716.98$6,690
Jan 199639410,40317.07$6,726
Dec 199539310,62517.19$6,756
Nov 19953969,60316.00$6,336
Oct 199539210,58915.43$6,049
Sep 199538910,65516.18$6,294
Aug 199538311,57115.92$6,097
Jul 199538310,93215.24$5,837
Jun 199538411,36716.41$6,301
May 199539012,18917.56$6,848
Apr 199539311,96317.73$6,968
Mar 199558410,73416.44$9,601
Feb 199519410,75416.58$3,217
Jan 199539312,48015.92$6,257
Dec 199438813,67215.03$5,832
Nov 199419813,85215.90$3,148
Oct 199440114,81915.58$6,248
Sep 199438916,96115.29$5,948
Aug 199439717,88716.13$6,404
Jul 199438618,63017.56$6,778
Jun 199438818,42717.09$6,631
May 199438917,35915.88$6,177
Apr 199439118,06814.14$5,529
Mar 199439218,36412.46$4,884
Feb 199419815,86312.50$2,475
Jan 199439311,83212.66$4,975
Dec 199319715,09112.33$2,429
Nov 199338914,92714.49$5,637
Oct 199338715,70715.85$6,134
Sep 199319315,18915.03$2,901
Aug 199338116,12315.66$5,966
Jul 199319516,79315.46$3,015
Jun 199319216,41016.79$3,224
May 199338117,37517.68$6,736
Apr 199338217,79918.05$6,895
Mar 199339018,13418.14$7,075
Feb 199338617,28517.90$6,909
Jan 199320318,14116.93$3,437

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 2007 — as filed, then multipliedworked
Condensate           379 bbl  × $ 82.85 =    $31,400
Gas                    1 Mcf  × $  6.92 =         $7

────────────────────────────────────────────────────
Month total                                  $31,407

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. 03/G/105228 is the state's own key, not one this site invented.