MCFARLAND, ROBERT ET AL

Operated by MERIT ENERGY COMPANY (P-5 561136) in the PLEDGER (FRIO 7430) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 20720District 03Field 71940250OilCasinghead gasSaveExport
Value, all time
$451 k
Jan 1993 – Dec 1997
Value, last 12 filed months
$38 k
at the published price for each month
Months reported
60
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 1 leases and 1 wells, and the rule below applies to all of them.

Discovered
1990-03-16
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
OilDisposition25,928 bbl$436,391
Casinghead gasProduction47,772 Mcf$14,181
Total$450,572

41,270 Mcf of this lease's gas, across 47 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 29.1541, -95.7934. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.15411, -95.79338 · 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
11,226 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 11,226 ft.

Completions filed
Aug 1997
1 of 1 wells

1 well

42-03931157511,226 ftAug 1997Yes

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 (60)

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

60 months

Dec 19970016.322.41$0
Nov 19970018.193.09$0
Oct 19970019.253.15$0
Sep 199729017.742.95$514
Aug 19971424817.862.55$2,659
Jul 1997542017.582.25$994
Jun 19975017.242.26$86
May 19975373718.972.31$2,707
Apr 19972014,77217.882.08$13,533
Mar 19975221418.951.94$1,400
Feb 199732441920.492.21$7,563
Jan 199731929223.483.54$8,524
Dec 199636352523.32$8,465
Nov 199631249421.97$6,855
Oct 199637054023.31$8,625
Sep 199630573022.22$6,777
Aug 199634861620.26$7,050
Jul 199642153119.55$8,231
Jun 199623351618.73$4,364
May 199637857719.43$7,345
Apr 199636320821.51$7,808
Mar 19963596,50819.38$6,957
Feb 19963504,75116.98$5,943
Jan 19963775,10717.07$6,435
Dec 19953855,29617.19$6,618
Nov 199539012416.00$6,240
Oct 199541351415.43$6,373
Sep 199535960716.18$5,809
Aug 1995410015.92$6,527
Jul 199540843015.24$6,218
Jun 199544656516.41$7,319
May 199565795517.56$11,537
Apr 199532732717.73$5,798
Mar 199544035816.44$7,234
Feb 199535424816.58$5,869
Jan 199543323415.92$6,893
Dec 199455428915.03$8,327
Nov 199443124415.90$6,853
Oct 199448128915.58$7,494
Sep 199447728715.29$7,293
Aug 199453552616.13$8,630
Jul 199443351617.56$7,603
Jun 199446852717.09$7,998
May 199451553115.88$8,178
Apr 199475576214.14$10,676
Mar 199457935512.46$7,214
Feb 199457736212.50$7,213
Jan 199437816912.66$4,785
Dec 199385732412.33$10,567
Nov 199366430214.49$9,621
Oct 199360927515.85$9,653
Sep 199358053815.03$8,717
Aug 199362260515.66$9,741
Jul 199369750615.46$10,776
Jun 199357854916.79$9,705
May 199359960917.68$10,590
Apr 19931,19981218.05$21,642
Mar 199390583118.14$16,417
Feb 199384414117.90$15,108
Jan 19931,21116016.93$20,502

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.

Sep 1997 — as filed, then multipliedworked
Oil                   29 bbl  × $ 17.74 =       $514
Casinghead gas         0 Mcf  × $  2.95 =         $0

────────────────────────────────────────────────────
Month total                                     $514

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/20720 is the state's own key, not one this site invented.