MCFARLANE UNIT 4

Name: MCFARLANE UNIT 4 lease production and value, Nov 1997 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by MAGNOLIA OIL & GAS OPERATING LLC (P-5 521544) 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 167648District 03Field 347735502 tax incentive programmesCondensateGasSave Export

Value, all time

$5.3 M

Nov 1997 – Aug 2019

Value, last 12 filed months

at the published price for each month

Months reported

262

no gaps in the span

Streams

condensate, gas

The GIDDINGS (AUSTIN CHALK, GAS) field

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.

Programme	Filings	With an approval date	Dated	Docket
High Cost Gas	1	1	1998-08-24	138505
NGPA	1	none	—	—

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.

Stream	Basis	Volume	Value
Condensate	Disposition	49,094 bbl	$1,119,073
Gas	Production	1,075,871 Mcf	$4,158,784
Total			$5,277,857

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 30.4451, -96.2925. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.44511, -96.29249 · 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%

1 of 1 wells

With a plug date

100.0%

1 of 1 wells

Median depth

15,344 ft

1 wells filed one

Completion to plug

21.8 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 15,344 ft.

Completions filed

Nov 1997

1 of 1 wells

Plug dates filed

Aug 2019

1 of 1 wells

Last completion to plug: a median of 21.8 years across the 1 well that filed both dates, with the middle half between 21.8 years and 21.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-04131901	1	15,344 ft	Nov 1997	Aug 2019	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 (262)

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

262 months


Aug 2019	0	0	53.11	2.30	$0
Jul 2019	0	0	56.27	2.46	$0
Jun 2019	0	0	52.78	2.49	$0
May 2019	0	0	58.48	2.74	$0
Apr 2019	0	0	62.63	2.75	$0
Mar 2019	0	0	56.80	3.06	$0
Feb 2019	0	0	50.85	2.79	$0
Jan 2019	0	0	46.03	3.23	$0
Dec 2018	0	0	46.59	4.19	$0
Nov 2018	0	0	52.93	4.24	$0
Oct 2018	0	0	61.44	3.40	$0
Sep 2018	0	0	59.54	3.11	$0
Aug 2018	0	0	59.40	3.07	$0
Jul 2018	0	0	65.14	2.93	$0
Jun 2018	0	0	60.18	3.08	$0
May 2018	0	0	65.38	2.90	$0
Apr 2018	0	0	63.84	2.90	$0
Mar 2018	0	0	61.22	2.79	$0
Feb 2018	0	0	61.78	2.77	$0
Jan 2018	0	0	62.87	4.01	$0
Dec 2017	0	0	57.27	2.92	$0
Nov 2017	0	0	55.42	3.12	$0
Oct 2017	0	0	49.29	2.98	$0
Sep 2017	0	0	47.52	3.09	$0
Aug 2017	0	0	45.37	3.00	$0
Jul 2017	0	0	43.87	3.09	$0
Jun 2017	0	0	42.49	3.09	$0
May 2017	0	0	45.37	3.26	$0
Apr 2017	0	0	47.93	3.21	$0
Mar 2017	0	0	46.77	2.98	$0
Feb 2017	0	0	50.45	2.95	$0
Jan 2017	0	0	49.41	3.42	$0
Dec 2016	0	0	48.76	3.72	$0
Nov 2016	0	0	42.49	2.64	$0
Oct 2016	0	0	46.19	3.09	$0
Sep 2016	0	0	41.55	3.10	$0
Aug 2016	0	0	41.44	2.92	$0
Jul 2016	0	0	41.62	2.92	$0
Jun 2016	0	0	45.35	2.69	$0
May 2016	0	0	42.52	1.99	$0
Apr 2016	0	0	36.56	1.99	$0
Mar 2016	0	0	33.01	1.79	$0
Feb 2016	0	0	26.47	2.06	$0
Jan 2016	0	0	27.35	2.36	$0
Dec 2015	0	0	32.36	2.00	$0
Nov 2015	0	0	38.79	2.17	$0
Oct 2015	0	0	43.55	2.43	$0
Sep 2015	0	0	42.99	2.76	$0
Aug 2015	0	0	40.16	2.87	$0
Jul 2015	0	0	48.15	2.95	$0
Jun 2015	0	0	56.15	2.88	$0
May 2015	0	0	55.21	2.96	$0
Apr 2015	0	0	49.82	2.71	$0
Mar 2015	0	0	42.89	2.93	$0
Feb 2015	0	0	44.66	2.98	$0
Jan 2015	0	0	43.43	3.10	$0
Dec 2014	0	0	54.69	3.59	$0
Nov 2014	0	0	70.46	4.25	$0
Oct 2014	0	0	78.30	3.90	$0
Sep 2014	0	0	86.16	4.05	$0
Aug 2014	0	0	89.39	4.04	$0
Jul 2014	0	0	96.56	4.18	$0
Jun 2014	0	0	98.16	4.74	$0
May 2014	0	0	94.73	4.73	$0
Apr 2014	0	0	95.94	4.81	$0
Mar 2014	0	0	95.89	5.06	$0
Feb 2014	0	0	97.40	6.19	$0
Jan 2014	0	0	90.40	4.86	$0
Dec 2013	0	0	91.82	4.35	$0
Nov 2013	0	0	88.85	3.74	$0
Oct 2013	0	0	97.42	3.78	$0
Sep 2013	0	0	104.11	3.72	$0
Aug 2013	0	0	104.25	3.52	$0
Jul 2013	0	0	102.52	3.72	$0
Jun 2013	0	0	94.40	3.93	$0
May 2013	0	0	94.83	4.15	$0
Apr 2013	0	0	93.96	4.28	$0
Mar 2013	0	0	93.62	3.91	$0
Feb 2013	0	0	91.23	3.42	$0
Jan 2013	0	0	91.60	3.42	$0
Dec 2012	0	0	86.77	3.42	$0
Nov 2012	0	0	86.95	3.62	$0
Oct 2012	0	0	89.38	3.40	$0
Sep 2012	0	0	94.67	2.92	$0
Aug 2012	0	0	92.66	2.91	$0
Jul 2012	0	0	85.13	3.02	$0
Jun 2012	0	0	79.82	2.52	$0
May 2012	0	0	91.61	2.49	$0
Apr 2012	0	0	101.65	2.00	$0
Mar 2012	0	0	105.05	2.22	$0
Feb 2012	0	0	101.10	2.57	$0
Jan 2012	0	0	98.09	2.73	$0
Dec 2011	0	0	96.87	3.24	$0
Nov 2011	0	0	95.72	3.31	$0
Oct 2011	0	0	84.98	3.65	$0
Sep 2011	0	0	83.62	3.99	$0
Aug 2011	0	0	83.40	4.15	$0
Jul 2011	0	0	94.14	4.52	$0
Jun 2011	0	0	92.90	4.64	$0
May 2011	0	0	98.13	4.40	$0
Apr 2011	0	0	105.96	4.33	$0
Mar 2011	0	0	96.36	4.06	$0
Feb 2011	0	0	85.64	4.18	$0
Jan 2011	0	0	86.50	4.59	$0
Dec 2010	0	0	85.73	4.35	$0
Nov 2010	45	0	80.84	3.80	$3,638
Oct 2010	0	0	78.10	3.51	$0
Sep 2010	0	0	72.63	3.98	$0
Aug 2010	0	0	73.68	4.42	$0
Jul 2010	0	3	72.55	4.74	$14
Jun 2010	0	106	70.36	4.91	$521
May 2010	0	64	71.12	4.24	$271
Apr 2010	0	71	81.69	4.12	$293
Mar 2010	0	69	78.39	4.39	$303
Feb 2010	0	70	73.58	5.44	$381
Jan 2010	0	115	74.36	5.96	$686
Dec 2009	0	119	71.44	5.48	$653
Nov 2009	0	139	74.59	3.75	$521
Oct 2009	0	242	72.54	4.11	$995
Sep 2009	192	332	65.54	3.06	$13,601
Aug 2009	0	704	67.42	3.22	$2,266
Jul 2009	0	319	61.13	3.46	$1,105
Jun 2009	0	266	66.16	3.90	$1,036
May 2009	0	483	54.74	3.93	$1,896
Apr 2009	0	213	46.77	3.59	$764
Mar 2009	0	398	42.14	4.06	$1,615
Feb 2009	0	399	32.81	4.63	$1,849
Jan 2009	0	477	35.86	5.37	$2,562
Dec 2008	0	495	37.10	5.98	$2,959
Nov 2008	0	552	55.49	6.86	$3,787
Oct 2008	0	612	75.24	6.92	$4,236
Sep 2008	0	560	101.76	7.88	$4,411
Aug 2008	0	932	114.22	8.48	$7,906
Jul 2008	163	541	131.08	11.39	$27,528
Jun 2008	0	1,323	131.33	13.03	$17,242
May 2008	0	1,254	123.17	11.57	$14,514
Apr 2008	0	1,246	110.31	10.45	$13,027
Mar 2008	0	942	101.90	9.66	$9,104
Feb 2008	0	1,985	92.53	8.77	$17,410
Jan 2008	181	2,091	90.38	8.21	$33,517
Dec 2007	0	2,434	88.33	7.30	$17,773
Nov 2007	0	2,734	91.67	7.29	$19,936
Oct 2007	0	2,914	82.85	6.92	$20,171
Sep 2007	182	1,707	75.84	6.24	$24,462
Aug 2007	0	3,185	69.06	6.39	$20,346
Jul 2007	180	4,732	70.90	6.39	$42,990
Jun 2007	185	2,988	62.00	7.55	$34,025
May 2007	27	5,405	58.74	7.85	$43,995
Apr 2007	15	2,272	59.61	7.81	$18,628
Mar 2007	184	3,165	56.92	7.30	$33,584
Feb 2007	0	4,069	55.10	8.22	$33,431
Jan 2007	224	4,635	50.30	6.73	$42,446
Dec 2006	21	4,159	56.65	6.92	$29,963
Nov 2006	209	3,717	54.20	7.62	$39,642
Oct 2006	0	3,693	54.90	6.01	$22,209
Sep 2006	13	2,913	60.08	5.04	$15,454
Aug 2006	0	2,710	68.71	7.34	$19,891
Jul 2006	16	1,595	69.37	6.34	$11,227
Jun 2006	24	523	66.28	6.38	$4,929
May 2006	16	45	66.01	6.42	$1,345
Apr 2006	6	7	64.39	7.36	$438
Mar 2006	21	23	56.70	7.08	$1,354
Feb 2006	23	25	57.59	7.75	$1,518
Jan 2006	16	840	60.59	8.93	$8,473
Dec 2005	391	5,158	54.94	13.42	$90,678
Nov 2005	16	5,037	54.69	10.59	$54,209
Oct 2005	8	2,476	58.34	13.80	$34,625
Sep 2005	188	3,182	61.45	12.08	$49,988
Aug 2005	193	4,717	61.51	9.80	$58,083
Jul 2005	9	4,936	55.69	7.84	$39,217
Jun 2005	186	3,011	52.33	7.38	$31,958
May 2005	199	5,055	45.22	6.65	$42,620
Apr 2005	25	5,293	49.20	7.36	$40,189
Mar 2005	193	5,922	50.37	7.15	$52,093
Feb 2005	377	6,276	45.22	6.31	$56,662
Jan 2005	200	6,556	43.16	6.32	$50,080
Dec 2004	208	7,847	39.86	6.75	$61,267
Nov 2004	380	7,196	45.28	6.33	$62,760
Oct 2004	199	7,780	49.70	6.52	$60,578
Sep 2004	194	5,224	43.24	5.28	$35,992
Aug 2004	6	4,074	42.37	5.55	$22,868
Jul 2004	203	5,632	38.28	6.08	$42,037
Jun 2004	374	7,335	36.10	6.43	$60,688
May 2004	185	7,983	37.48	6.49	$58,780
Apr 2004	382	7,536	34.47	5.86	$57,317
Mar 2004	390	9,575	34.36	5.53	$66,351
Feb 2004	201	9,963	32.45	5.51	$61,415
Jan 2004	412	11,194	32.03	6.30	$83,715
Dec 2003	597	13,268	30.26	6.30	$101,675
Nov 2003	609	14,220	28.80	4.60	$82,882
Oct 2003	582	14,831	28.17	4.76	$86,985
Sep 2003	951	18,898	26.31	4.75	$114,774
Aug 2003	196	5,566	29.76	5.13	$34,385
Jul 2003	120	3,634	29.41	5.17	$22,320
Jun 2003	7	3,531	28.56	5.98	$21,326
May 2003	204	3,668	26.59	5.97	$27,332
Apr 2003	399	4,240	26.67	5.41	$33,568
Mar 2003	11	2,974	31.14	6.10	$18,472
Feb 2003	15	2,894	33.48	7.93	$23,440
Jan 2003	191	2,639	30.31	5.58	$20,520
Dec 2002	23	4,185	26.91	4.85	$20,932
Nov 2002	406	4,219	24.66	4.14	$27,466
Oct 2002	18	4,818	26.46	4.23	$20,852
Sep 2002	387	4,332	27.44	3.64	$26,367
Aug 2002	10	4,427	25.96	3.16	$14,267
Jul 2002	348	5,339	24.58	3.06	$24,901
Jun 2002	188	4,905	23.73	3.34	$20,835
May 2002	363	5,665	24.66	3.58	$29,255
Apr 2002	361	3,953	23.65	3.51	$22,422
Mar 2002	8	4,802	22.00	3.10	$15,075
Feb 2002	373	4,566	18.22	2.38	$17,643
Jan 2002	181	6,040	17.17	2.38	$17,457
Dec 2001	376	6,359	16.93	2.36	$21,401
Nov 2001	371	5,895	18.07	2.41	$20,885
Oct 2001	391	6,883	19.78	2.53	$25,140
Sep 2001	13	6,216	24.26	2.25	$14,310
Aug 2001	190	4,178	24.87	3.05	$17,481
Jul 2001	370	6,242	23.93	3.20	$28,810
Jun 2001	184	5,800	24.56	3.82	$26,699
May 2001	556	6,300	25.52	4.31	$41,325
Apr 2001	22	5,463	24.68	5.34	$29,690
Mar 2001	557	7,518	24.54	5.38	$54,089
Feb 2001	6	6,583	27.75	5.77	$38,131
Jan 2001	394	6,177	27.47	8.40	$62,702
Dec 2000	562	6,681	26.88	9.12	$76,054
Nov 2000	10	7,040	32.21	5.66	$40,154
Oct 2000	371	5,859	31.23	5.15	$41,734
Sep 2000	546	7,046	31.87	5.19	$53,945
Aug 2000	380	6,750	29.64	4.54	$41,913
Jul 2000	0	4,079	28.53	4.09	$16,682
Jun 2000	554	3,070	29.30	4.40	$29,732
May 2000	0	4,079	27.26	3.68	$15,010
Apr 2000	385	4,726	24.51	3.12	$24,163
Mar 2000	549	6,292	28.42	2.86	$33,596
Feb 2000	22	5,037	27.62	2.73	$14,341
Jan 2000	384	5,614	25.27	2.48	$23,629
Dec 1999	799	14,732	24.28	2.42	$55,106
Nov 1999	0	2,030	23.19	2.43	$4,941
Oct 1999	769	7,156	20.98	2.80	$36,197
Sep 1999	187	2,087	21.75	2.62	$9,533
Aug 1999	377	8,650	19.26	2.88	$32,135
Jul 1999	391	9,606	17.89	2.37	$29,784
Jun 1999	770	10,490	15.94	2.36	$37,052
May 1999	566	12,872	15.79	2.32	$38,813
Apr 1999	584	16,685	15.10	2.21	$45,660
Mar 1999	587	17,254	12.47	1.84	$39,038
Feb 1999	783	14,736	9.98	1.82	$34,601
Jan 1999	783	17,958	10.38	1.90	$42,247
Dec 1998	955	20,341	9.20	1.77	$44,857
Nov 1998	995	17,313	10.89	2.19	$48,677
Oct 1998	788	17,176	12.42	1.97	$43,610
Sep 1998	938	22,278	12.59	2.08	$58,206
Aug 1998	944	25,850	11.30	1.91	$59,972
Jul 1998	1,311	28,876	11.74	2.24	$79,995
Jun 1998	1,090	30,103	11.24	2.24	$79,600
May 1998	1,325	32,539	12.62	2.21	$88,514
Apr 1998	1,466	35,192	13.04	2.51	$107,284
Mar 1998	1,706	39,649	12.80	2.31	$113,404
Feb 1998	1,853	23,979	13.95	2.30	$80,980
Jan 1998	2,996	50,007	14.70	2.15	$151,796
Dec 1997	4,048	64,130	16.32	2.41	$220,687
Nov 1997	1,280	20,111	18.19	3.09	$85,391

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.

Nov 2010 — as filed, then multipliedworked

Condensate            45 bbl  × $ 80.84 =     $3,638
Gas                    0 Mcf  × $  3.80 =         $0

────────────────────────────────────────────────────
Month total                                   $3,638

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/167648 is the state's own key, not one this site invented.