MCGINNES UNIT

Operated by OGDEN RESOURCES CORPORATION (P-5 618970) in the GIDDINGS (AUSTIN CHALK, GAS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 156993District 03Field 347735502 tax incentive programmesCondensateGasSaveExport
Value, all time
$815 k
Apr 1995 – Aug 2012
Value, last 12 filed months
$5 k
at the published price for each month
Months reported
209
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 1,061 leases and 1,061 wells, and the rule below applies to all of them.

Discovered
1978-08-01
as the register files it
Field class
Gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 2018-10-16.

The Commission's schedule remark for this field reads: AMENDED DRILLING PERMITS, NOTICE, OR HEARING.

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
High Cost Gas111996-02-27133049
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
CondensateDisposition74 bbl$1,797
GasProduction281,685 Mcf$813,396
Total$815,192

25,241 Mcf of this lease's gas, across 14 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 30.2857, -96.4635. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.28573, -96.46354 · 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
17,590 ft
1 wells filed one
Completion to plug
17.3 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 17,590 ft.

Completions filed
Apr 1995
1 of 1 wells
Plug dates filed
Aug 2012
1 of 1 wells

Last completion to plug: a median of 17.3 years across the 1 well that filed both dates, with the middle half between 17.3 years and 17.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-47730766117,590 ftApr 1995Aug 2012Yes

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 (209)

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

209 months

Aug 201204392.662.91$125
Jul 201209185.133.02$275
Jun 201209679.822.52$242
May 2012011291.612.49$279
Apr 20120119101.652.00$238
Mar 2012097105.052.22$216
Feb 20120140101.102.57$360
Jan 2012016698.092.73$454
Dec 2011016996.873.24$548
Nov 2011017095.723.31$563
Oct 2011021384.983.65$777
Sep 2011018583.623.99$737
Aug 2011018383.404.15$759
Jul 2011020494.144.52$922
Jun 2011022992.904.64$1,063
May 2011017198.134.40$753
Apr 20110186105.964.33$806
Mar 2011020196.364.06$816
Feb 2011020485.644.18$853
Jan 2011022586.504.59$1,032
Dec 2010022385.734.35$970
Nov 2010040580.843.80$1,537
Oct 2010022178.103.51$775
Sep 2010019372.633.98$768
Aug 2010015373.684.42$676
Jul 2010030972.554.74$1,464
Jun 2010030770.364.91$1,507
May 2010046471.124.24$1,965
Apr 2010054781.694.12$2,255
Mar 2010039378.394.39$1,725
Feb 2010026973.585.44$1,464
Jan 2010024974.365.96$1,485
Dec 2009012771.445.48$696
Nov 200906274.593.75$233
Oct 200905972.544.11$243
Sep 200902365.543.06$70
Aug 200909267.423.22$296
Jul 200908761.133.46$301
Jun 2009014266.163.90$553
May 200906154.743.93$239
Apr 2009015346.773.59$549
Mar 2009018342.144.06$743
Feb 2009016032.814.63$741
Jan 2009021235.865.37$1,139
Dec 2008019737.105.98$1,178
Nov 2008019855.496.86$1,358
Oct 2008020775.246.92$1,433
Sep 20080146101.767.88$1,150
Aug 20080155114.228.48$1,315
Jul 20080155131.0811.39$1,765
Jun 20080145131.3313.03$1,890
May 2008085123.1711.57$984
Apr 20080113110.3110.45$1,181
Mar 20080188101.909.66$1,817
Feb 2008019992.538.77$1,745
Jan 2008020290.388.21$1,658
Dec 2007020288.337.30$1,475
Nov 2007016591.677.29$1,203
Oct 200707082.856.92$485
Sep 2007017175.846.24$1,068
Aug 2007025269.066.39$1,610
Jul 2007029970.906.39$1,910
Jun 2007015762.007.55$1,185
May 2007016458.747.85$1,287
Apr 2007024759.617.81$1,928
Mar 2007017556.927.30$1,278
Feb 2007013055.108.22$1,068
Jan 2007020250.306.73$1,359
Dec 2006024356.656.92$1,681
Nov 2006027054.207.62$2,057
Oct 2006038954.906.01$2,339
Sep 2006022260.085.04$1,118
Aug 2006015468.717.34$1,130
Jul 2006023369.376.34$1,478
Jun 2006024666.286.38$1,570
May 2006047166.016.42$3,026
Apr 2006022664.397.36$1,663
Mar 2006018056.707.08$1,275
Feb 2006015957.597.75$1,232
Jan 2006034260.598.93$3,055
Dec 200507954.9413.42$1,060
Nov 2005013454.6910.59$1,419
Oct 2005018758.3413.80$2,580
Sep 2005020861.4512.08$2,512
Aug 2005032561.519.80$3,184
Jul 2005016355.697.84$1,279
Jun 2005018652.337.38$1,373
May 2005018445.226.65$1,224
Apr 2005019449.207.36$1,428
Mar 2005017850.377.15$1,274
Feb 2005024245.226.31$1,527
Jan 2005032043.166.32$2,023
Dec 2004036639.866.75$2,471
Nov 2004050145.286.33$3,172
Oct 2004066649.706.52$4,339
Sep 2004043843.245.28$2,314
Aug 2004084942.375.55$4,713
Jul 2004069338.286.08$4,216
Jun 2004099336.106.43$6,388
May 2004065537.486.49$4,254
Apr 200401,38934.475.86$8,137
Mar 20040034.365.53$0
Feb 200404132.455.51$226
Jan 200405732.036.30$359
Dec 2003021130.266.30$1,330
Nov 2003017728.804.60$813
Oct 200301,04828.174.76$4,988
Sep 2003034526.314.75$1,639
Aug 2003042329.765.13$2,170
Jul 2003046329.415.17$2,394
Jun 2003040328.565.98$2,411
May 2003045926.595.97$2,741
Apr 2003044326.675.41$2,395
Mar 2003051031.146.10$3,109
Feb 2003044133.487.93$3,495
Jan 2003052930.315.58$2,953
Dec 2002053126.914.85$2,577
Nov 2002055024.664.14$2,275
Oct 2002056026.464.23$2,368
Sep 2002055227.443.64$2,007
Aug 2002059425.963.16$1,880
Jul 2002057624.583.06$1,764
Jun 2002063723.733.34$2,126
May 2002065124.663.58$2,333
Apr 2002053623.653.51$1,883
Mar 2002042222.003.10$1,309
Feb 2002072918.222.38$1,732
Jan 2002073617.172.38$1,749
Dec 2001066916.932.36$1,582
Nov 2001070518.072.41$1,696
Oct 2001064319.782.53$1,626
Sep 2001069724.262.25$1,569
Aug 200101,01924.873.05$3,111
Jul 200101,48223.933.20$4,738
Jun 200101,04024.563.82$3,977
May 200101,21725.524.31$5,242
Apr 200101,35724.685.34$7,240
Mar 200101,47524.545.38$7,930
Feb 2001063727.755.77$3,674
Jan 200101,43827.478.40$12,077
Dec 200001,53126.889.12$13,967
Nov 200001,25032.215.66$7,073
Oct 200002,63131.235.15$13,538
Sep 200003,83531.875.19$19,890
Aug 200002,51629.644.54$11,425
Jul 200002,71228.534.09$11,091
Jun 200001,86729.304.40$8,210
May 200003,96527.263.68$14,590
Apr 200002,39524.513.12$7,463
Mar 200003,98428.422.86$11,393
Feb 200003,34527.622.73$9,120
Jan 200004,90525.272.48$12,167
Dec 1999743,31624.282.42$9,834
Nov 199904,28423.192.43$10,427
Oct 199904,74720.982.80$13,309
Sep 199906,36421.752.62$16,666
Aug 199904,87819.262.88$14,027
Jul 199902,82617.892.37$6,704
Jun 199903,31915.942.36$7,840
May 199903,53215.792.32$8,198
Apr 199904,13515.102.21$9,130
Mar 199903,13212.471.84$5,758
Feb 199902,8809.981.82$5,235
Jan 199902,92910.381.90$5,565
Dec 199804,3739.201.77$7,755
Nov 199804,26910.892.19$9,331
Oct 199801,78912.421.97$3,523
Sep 199804,34612.592.08$9,051
Aug 199802,13211.301.91$4,066
Jul 199803,06011.742.24$6,846
Jun 199803,82511.242.24$8,558
May 199803,30612.622.21$7,294
Apr 199804,58613.042.51$11,489
Mar 199806,44312.802.31$14,880
Feb 199806,34313.952.30$14,583
Jan 199807,47414.702.15$16,105
Dec 199707,05516.322.41$17,010
Nov 199706,87118.193.09$21,219
Oct 199707,97419.253.15$25,117
Sep 199708,68717.742.95$25,669
Aug 1997011,99717.862.55$30,649
Jul 1997014,21217.582.25$31,934
Jun 1997016,81417.242.26$37,953
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 1996015023.31$0
Sep 1996021322.22$0
Aug 19960020.26$0
Jul 1996020119.55$0
Jun 1996031618.73$0
May 199601,27219.43$0
Apr 1996044321.51$0
Mar 1996097519.38$0
Feb 1996062616.98$0
Jan 199601,46517.07$0
Dec 199502317.19$0
Nov 199507916.00$0
Oct 19950215.43$0
Sep 19950016.18$0
Aug 19950015.92$0
Jul 1995010,24515.24$0
Jun 199509,23116.41$0
May 19950017.56$0
Apr 19950017.73$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.

Aug 2012 — as filed, then multipliedworked
Condensate             0 bbl  × $ 92.66 =         $0
Gas                   43 Mcf  × $  2.91 =       $125

────────────────────────────────────────────────────
Month total                                     $125

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/156993 is the state's own key, not one this site invented.