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 115064District 03Field 03862600NGPA filingCondensateGasSaveExport
Value, all time
$3.6 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
CondensateDisposition23,829 bbl$490,637
GasProduction1,622,657 Mcf$3,159,169
Total$3,649,806

785,779 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 30.2413, -94.2301. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.24127, -94.23009 · 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
8,820 ft
1 wells filed one
Completion to plug
24.5 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 8,820 ft.

Completions filed
Jan 1985
1 of 1 wells
Plug dates filed
Jul 2009
1 of 1 wells

Last completion to plug: a median of 24.5 years across the 1 well that filed both dates, with the middle half between 24.5 years and 24.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-1993223368,820 ftJan 1985Jul 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 2007364082.856.92$30,157
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060154.906.01$6
Sep 20060160.085.04$5
Aug 20060068.717.34$0
Jul 20060169.376.34$6
Jun 20060166.286.38$6
May 20060166.016.42$6
Apr 20060164.397.36$7
Mar 200608356.707.08$588
Feb 200601857.597.75$140
Jan 200601160.598.93$98
Dec 2005010554.9413.42$1,409
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 200503,65252.337.38$26,956
May 200503,52345.226.65$23,432
Apr 200505,86749.207.36$43,184
Mar 20051886,28550.377.15$54,438
Feb 200505,72545.226.31$36,136
Jan 20051926,35443.166.32$48,458
Dec 20041857,12939.866.75$55,503
Nov 200407,21845.286.33$45,693
Oct 200406,82949.706.52$44,492
Sep 200407,77143.245.28$41,061
Aug 200408,11842.375.55$45,060
Jul 20041947,90638.286.08$55,528
Jun 200408,22236.106.43$52,892
May 200407,45837.486.49$48,437
Apr 200408,42334.475.86$49,346
Mar 20041917,49734.365.53$48,022
Feb 20041936,19232.455.51$40,378
Jan 200406,61832.036.30$41,691
Dec 20031927,39230.266.30$52,392
Nov 200307,39528.804.60$33,981
Oct 20031977,57128.174.76$41,585
Sep 200307,26926.314.75$34,523
Aug 200304,65329.765.13$23,869
Jul 200306,89329.415.17$35,643
Jun 20033896,80928.565.98$51,848
May 200307,24626.595.97$43,278
Apr 20033927,03126.675.41$48,473
Mar 200307,58131.146.10$46,214
Feb 200306,14433.487.93$48,697
Jan 200305,04530.315.58$28,161
Dec 200206,93326.914.85$33,651
Nov 20021946,91024.664.14$33,370
Oct 20021896,97726.464.23$34,508
Sep 200206,72927.443.64$24,461
Aug 20021877,08425.963.16$27,269
Jul 200207,22724.583.06$22,127
Jun 20021947,09023.733.34$28,272
May 200207,22824.663.58$25,905
Apr 20021817,10423.653.51$29,232
Mar 200207,33622.003.10$22,762
Feb 20021926,47718.222.38$18,886
Jan 200207,47317.172.38$17,753
Dec 20013777,59816.932.36$24,347
Nov 200107,61118.072.41$18,308
Oct 20011947,84119.782.53$23,666
Sep 200107,78024.262.25$17,515
Aug 20011947,87724.873.05$28,875
Jul 200108,05823.933.20$25,762
Jun 20011937,10324.563.82$31,903
May 200107,64725.524.31$32,938
Apr 20011897,39624.685.34$44,125
Mar 200107,59824.545.38$40,850
Feb 20011987,00227.755.77$45,876
Jan 200107,78527.478.40$65,384
Dec 20001967,78926.889.12$76,324
Nov 20001958,09132.215.66$52,060
Oct 200008,01831.235.15$41,257
Sep 20001918,09431.875.19$48,067
Aug 200008,46229.644.54$38,424
Jul 20001908,25728.534.09$39,190
Jun 200008,19229.304.40$36,022
May 20001948,50827.263.68$36,596
Apr 200008,20824.513.12$25,576
Mar 20001978,56728.422.86$30,098
Feb 20001937,98827.622.73$27,110
Jan 20001938,35725.272.48$25,607
Dec 19991998,57524.282.42$25,615
Nov 199908,39023.192.43$20,421
Oct 19991958,84820.982.80$28,898
Sep 199908,63621.752.62$22,616
Aug 199919814,93619.262.88$46,763
Jul 1999015,82017.892.37$37,531
Jun 19991868,50015.942.36$23,043
May 19991959,11915.792.32$24,244
Apr 199908,64315.102.21$19,084
Mar 19991949,28112.471.84$19,481
Feb 199908,5809.981.82$15,597
Jan 19991939,57810.381.90$20,201
Dec 19981969,3329.201.77$18,352
Nov 19981929,47410.892.19$22,798
Oct 19981929,42312.421.97$20,941
Sep 199809,70512.592.08$20,212
Aug 19981909,66211.301.91$20,576
Jul 199819110,10711.742.24$24,854
Jun 199809,71511.242.24$21,735
May 199819310,14212.622.21$24,812
Apr 199809,80313.042.51$24,560
Mar 199819510,22912.802.31$26,119
Feb 199806,81713.952.30$15,673
Jan 199803,04414.702.15$6,559
Dec 19971924,15516.322.41$13,152
Nov 19971919,85618.193.09$33,912
Oct 199718610,73919.253.15$37,406
Sep 1997011,21217.742.95$33,130
Aug 199718611,80117.862.55$33,470
Jul 199719112,28517.582.25$30,961
Jun 1997012,42017.242.26$28,034
May 199719211,56418.972.31$30,338
Apr 199719412,84817.882.08$30,228
Mar 199718714,01718.951.94$30,725
Feb 199718411,18720.492.21$28,448
Jan 199718412,00123.483.54$46,800
Dec 199619712,13623.32$4,594
Nov 199618911,67921.97$4,152
Oct 1996012,71223.31$0
Sep 199619412,58322.22$4,311
Aug 199619412,56220.26$3,930
Jul 1996013,52919.55$0
Jun 199619411,06118.73$3,634
May 199619612,14519.43$3,808
Apr 199619212,10421.51$4,130
Mar 199619213,26319.38$3,721
Feb 199619612,80516.98$3,328
Jan 1996013,77717.07$0
Dec 199519514,56617.19$3,352
Nov 199519413,43116.00$3,104
Oct 199519314,54615.43$2,978
Sep 199519514,81916.18$3,155
Aug 199519415,05415.92$3,088
Jul 1995014,25115.24$0
Jun 199519415,44016.41$3,184
May 199519615,91517.56$3,442
Apr 199519715,54317.73$3,493
Mar 199519815,34916.44$3,255
Feb 199520113,91116.58$3,333
Jan 199539916,52315.92$6,352
Dec 199439416,86315.03$5,922
Nov 199419817,18415.90$3,148
Oct 199439517,87215.58$6,154
Sep 199439117,85415.29$5,978
Aug 199439218,12616.13$6,323
Jul 199419618,77917.56$3,442
Jun 199439318,97817.09$6,716
May 199459219,74415.88$9,401
Apr 199439419,63814.14$5,571
Mar 199439720,28512.46$4,947
Feb 199439419,99012.50$4,925
Jan 199419421,97112.66$2,456
Dec 19931956,66212.33$2,404
Nov 199338617,16414.49$5,593
Oct 199319218,92815.85$3,043
Sep 199339018,66815.03$5,862
Aug 199319619,21815.66$3,069
Jul 199339419,66015.46$6,091
Jun 199338520,12116.79$6,464
May 199319120,98117.68$3,377
Apr 199357421,74018.05$10,361
Mar 199340221,84618.14$7,292
Feb 199339321,12117.90$7,035
Jan 199339722,68216.93$6,721

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           364 bbl  × $ 82.85 =    $30,157
Gas                    0 Mcf  × $  6.92 =         $0

────────────────────────────────────────────────────
Month total                                  $30,157

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/115064 is the state's own key, not one this site invented.