MCSHANE, JOHN

Operated by ROTATION, INCORPORATED (P-5 730032) in the SARATOGA (EY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 12817District 03Field 81057400OilCasinghead gasSaveExport
Value, all time
$307 k
Jan 1993 – Oct 2002
Value, last 12 filed months
$19 k
at the published price for each month
Months reported
118
no gaps in the span
Streams
2
oil, casinghead 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 2 leases and 4 wells, and the rule below applies to all of them.

Discovered
1980-03-03
as the register files it
Field class
Oil
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
OilDisposition14,512 bbl$277,819
Casinghead gasProduction25,432 Mcf$29,026
Total$306,845

15,570 Mcf of this lease's gas, across 43 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 (2)

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 30.3115, -94.5019. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.1 miles.

30.31150, -94.50194 · 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%
2 of 2 wells
With a plug date
100.0%
2 of 2 wells
Median depth
8,350 ft
2 wells filed one
Completion to plug
12.0 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
2100.0%
A plug date is filed
2100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
2100.0%
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

Between 8,200 and 8,500 ft, median 8,350 ft, over the 2 wells that filed a depth.

Completions filed
Jan 1984 – Jul 1987
2 of 2 wells
Plug dates filed
Dec 1992 – Aug 2002
2 of 2 wells

Last completion to plug: a median of 12.0 years across the 2 wells that filed both dates, with the middle half between 8.8 years and 15.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-19931373168,200 ftJul 1987Dec 1992Yes
42-19931331158,500 ftJan 1984Aug 2002Yes

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 (118)

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

118 months

Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 2002122025.963.16$3,167
Jul 20021833924.583.06$4,618
Jun 200202123.733.34$70
May 200204224.663.58$151
Apr 20021752023.653.51$4,209
Mar 200204522.003.10$140
Feb 200203818.222.38$90
Jan 20021744217.172.38$3,087
Dec 20011844916.932.36$3,231
Nov 2001030018.072.41$722
Oct 2001025019.782.53$632
Sep 200117731024.262.25$4,992
Aug 2001031024.873.05$946
Jul 200116631023.933.20$4,963
Jun 20011872024.563.82$4,669
May 200101025.524.31$43
Apr 200101024.685.34$53
Mar 200101024.545.38$54
Feb 2001028027.755.77$1,615
Jan 20010027.478.40$0
Dec 20000626.889.12$55
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 20008346529.644.54$4,572
Jul 200010446528.534.09$4,869
Jun 200049945029.304.40$16,599
May 2000188027.263.68$5,125
Apr 20000024.513.12$0
Mar 200029446528.422.86$9,685
Feb 20001,06658027.622.73$31,024
Jan 200018846525.272.48$5,904
Dec 19990024.282.42$0
Nov 1999353023.192.43$8,186
Oct 1999046520.982.80$1,304
Sep 1999030021.752.62$786
Aug 199917046519.262.88$4,611
Jul 1999012017.892.37$285
Jun 199906015.942.36$142
May 199904515.792.32$104
Apr 199904515.102.21$99
Mar 199904512.471.84$83
Feb 19990609.981.82$109
Jan 199906010.381.90$114
Dec 19980159.201.77$27
Nov 19980010.892.19$0
Oct 19980012.421.97$0
Sep 19980012.592.08$0
Aug 19980011.301.91$0
Jul 199817327011.742.24$2,635
Jun 1998039011.242.24$873
May 199834637512.622.21$5,194
Apr 199803013.042.51$75
Mar 19980012.802.31$0
Feb 19980013.952.30$0
Jan 19980014.702.15$0
Dec 19970016.322.41$0
Nov 19970018.193.09$0
Oct 199709019.253.15$283
Sep 1997045017.742.95$1,330
Aug 199741543517.862.55$8,523
Jul 1997046517.582.25$1,045
Jun 199737440517.242.26$7,362
May 19970018.972.31$0
Apr 199719017.882.08$205
Mar 199703018.951.94$58
Feb 19970020.492.21$0
Jan 1997315023.483.54$601
Dec 199631246523.32$7,276
Nov 1996442021.97$88
Oct 19966242023.31$1,445
Sep 199640445022.22$8,977
Aug 1996443520.26$81
Jul 199638430019.55$7,507
Jun 19960018.73$0
May 1996613519.43$117
Apr 19961545021.51$323
Mar 199627725519.38$5,368
Feb 1996015016.98$0
Jan 19964628517.07$785
Dec 199542122517.19$7,237
Nov 19950016.00$0
Oct 1995131515.43$15
Sep 1995143516.18$16
Aug 199525643515.92$4,076
Jul 199537837515.24$5,761
Jun 1995443516.41$66
May 199531445017.56$5,514
Apr 199536542017.73$6,471
Mar 1995045016.44$0
Feb 1995012016.58$0
Jan 1995277015.92$4,410
Dec 19940015.03$0
Nov 1994013515.90$0
Oct 199436036015.58$5,609
Sep 1994137515.29$15
Aug 199436234516.13$5,839
Jul 19946845017.56$1,194
Jun 199437145017.09$6,340
May 199436836015.88$5,844
Apr 1994018014.14$0
Mar 199437722512.46$4,697
Feb 19945342012.50$663
Jan 199438446512.66$4,861
Dec 199340546512.33$4,994
Nov 199335842014.49$5,187
Oct 199344045015.85$6,974
Sep 199332945015.03$4,945
Aug 199336531515.66$5,716
Jul 199310437515.46$1,608
Jun 199350312016.79$8,445
May 1993043517.68$0
Apr 199347018.05$848
Mar 199311246518.14$2,032
Feb 199328142017.90$5,030
Jan 19936846516.93$1,151

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 2002 — as filed, then multipliedworked
Oil                  122 bbl  × $ 25.96 =     $3,167
Casinghead gas         0 Mcf  × $  3.16 =         $0

────────────────────────────────────────────────────
Month total                                   $3,167

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/O/12817 is the state's own key, not one this site invented.