MCFADDIN TRUST

Operated by VESTIGE ENERGY, LLC (P-5 884807) in the FRENCH ISLAND (MARG 1) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 233977District 03Field 32991600CondensateGasSaveExport
Value, all time
$12.7 M
Feb 2008 – Jan 2019
Value, last 12 filed months
$148 k
at the published price for each month
Months reported
132
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 3 leases and 3 wells, and the rule below applies to all of them.

Discovered
1980-08-10
as the register files it
Field class
Oil and gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

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
CondensateDisposition125,686 bbl$9,697,982
GasProduction396,358 Mcf$2,964,381
Total$12,662,363

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 29.8853, -94.0820. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.88532, -94.08204 · 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
0.0%
0 of 1 wells
Median depth
8,904 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
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 8,904 ft.

Completions filed
Feb 2008
1 of 1 wells

1 well

42-2453250828,904 ftFeb 2008Yes

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 (132)

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

132 months

Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 2018167061.443.40$10,260
Sep 201819426059.543.11$12,359
Aug 201838625459.403.07$23,707
Jul 201834942865.142.93$23,989
Jun 201826139760.183.08$16,929
May 201819028865.382.90$13,258
Apr 201835431063.842.90$23,499
Mar 201817926861.222.79$11,705
Feb 201818124361.782.77$11,854
Jan 201833436562.874.01$22,462
Dec 201717721257.272.92$10,756
Nov 201736139755.423.12$21,245
Oct 201737124249.292.98$19,009
Sep 20170747.523.09$22
Aug 201717329745.373.00$8,741
Jul 201733942543.873.09$16,184
Jun 201735439242.493.09$16,252
May 201737841645.373.26$18,507
Apr 201755540247.933.21$27,892
Mar 201737032946.772.98$18,287
Feb 201725724850.452.95$13,698
Jan 201701749.413.42$58
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 201601846.193.09$56
Sep 201602141.553.10$65
Aug 201603441.442.92$99
Jul 20160041.622.92$0
Jun 201616912045.352.69$7,986
May 201633412442.521.99$14,449
Apr 201633912036.561.99$12,633
Mar 201651012433.011.79$17,058
Feb 201634311626.472.06$9,319
Jan 201648012427.352.36$13,421
Dec 201532512032.362.00$10,757
Nov 201533212038.792.17$13,138
Oct 201538112443.552.43$16,893
Sep 201520620942.992.76$9,432
Aug 201519446540.162.87$9,127
Jul 201553846548.152.95$27,274
Jun 201519445056.152.88$12,190
May 201539646555.212.96$23,237
Apr 201558845049.822.71$30,512
Mar 201539840542.892.93$18,259
Feb 201520142044.662.98$10,227
Jan 201540346543.433.10$18,944
Dec 201419421054.693.59$11,364
Nov 201420018070.464.25$14,857
Oct 201439538178.303.90$32,415
Sep 201439364886.164.05$36,482
Aug 201436587189.394.04$36,142
Jul 20145371,01996.564.18$56,112
Jun 201438454098.164.74$40,251
May 20149131,21594.734.73$92,231
Apr 20141891,08695.944.81$23,355
Mar 201418858795.895.06$20,996
Feb 201459398497.406.19$63,851
Jan 20145831,06890.404.86$57,894
Dec 20133871,14891.824.35$40,533
Nov 20137301,34988.853.74$69,903
Oct 20135681,97297.423.78$62,787
Sep 20135771,583104.113.72$65,957
Aug 20135691,648104.253.52$65,124
Jul 20139201,548102.523.72$100,073
Jun 20135681,39094.403.93$59,087
May 20135731,59894.834.15$60,968
Apr 20135611,49993.964.28$59,131
Mar 20136451,78793.623.91$67,377
Feb 20137621,65191.233.42$75,164
Jan 20136892,43791.603.42$71,447
Dec 20127191,95186.773.42$69,060
Nov 20127701,95786.953.62$74,046
Oct 20127011,77089.383.40$68,673
Sep 20128611,22294.672.92$85,077
Aug 20121,1441,17292.662.91$109,411
Jul 20126281,07985.133.02$56,721
Jun 201294997379.822.52$78,200
May 20129431,16191.612.49$89,277
Apr 20121,149918101.652.00$118,629
Mar 2012975913105.052.22$104,453
Feb 2012758980101.102.57$79,153
Jan 201290189598.092.73$90,826
Dec 20111,1261,03496.873.24$112,426
Nov 20111,09693295.723.31$107,995
Oct 20117081,16784.983.65$64,424
Sep 20111,1401,29583.623.99$100,488
Aug 20111,3571,18883.404.15$118,103
Jul 20111,1291,88594.144.52$114,799
Jun 20111,3501,56592.904.64$132,676
May 20111,1631,77398.134.40$121,935
Apr 20111,1471,687105.964.33$128,846
Mar 20111,6891,60396.364.06$169,256
Feb 20117201,32685.644.18$67,203
Jan 201136380986.504.59$35,112
Dec 201018883485.734.35$19,743
Nov 20101,1413,35580.843.80$104,972
Oct 20101,7033,25078.103.51$144,408
Sep 20101,1632,82272.633.98$95,699
Aug 20101,6993,20673.684.42$139,351
Jul 20101,8923,37872.554.74$153,264
Jun 20102,2663,08770.364.91$174,594
May 20101,7123,27071.124.24$135,607
Apr 20102,0572,99981.694.12$180,400
Mar 20102,0953,82778.394.39$181,022
Feb 20101,6813,63073.585.44$143,444
Jan 20102,0854,25874.365.96$180,436
Dec 20092,0854,60271.445.48$174,189
Nov 20092,4154,45174.593.75$196,833
Oct 20092,2064,60372.544.11$178,943
Sep 20092,2504,45165.543.06$161,106
Aug 20092,7974,77067.423.22$203,926
Jul 20092,3974,16061.133.46$160,941
Jun 20092,8024,40366.163.90$202,530
May 20092,4274,30554.743.93$149,754
Apr 20092,8304,79946.773.59$149,576
Mar 20092,6675,08042.144.06$133,007
Feb 20092,6494,96232.814.63$109,903
Jan 20092,8364,99835.865.37$128,543
Dec 20083,0315,48737.105.98$145,247
Nov 20083,0355,24155.496.86$204,367
Oct 20083,1936,07175.246.92$282,265
Sep 20081,1313,264101.767.88$140,801
Aug 20082,42513,336114.228.48$390,113
Jul 20082,24218,633131.0811.39$506,101
Jun 20082,58222,699131.3313.03$634,922
May 20082,05727,120123.1711.57$567,255
Apr 20081,50542,820110.3110.45$613,694
Mar 20081,90722,782101.909.66$414,490
Feb 20084,30564,59592.538.77$964,877

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 2018 — as filed, then multipliedworked
Condensate           167 bbl  × $ 61.44 =    $10,260
Gas                    0 Mcf  × $  3.40 =         $0

────────────────────────────────────────────────────
Month total                                  $10,260

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/233977 is the state's own key, not one this site invented.