MCCORMACK, W. P.

Name: MCCORMACK, W. P. lease production and value, Jan 1996 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by HILCORP ENERGY COMPANY (P-5 386310) in the BEAUMONT, WEST (4850) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 22982District 03Field 06532861OilCasinghead gasSave Export

Value, all time

$2.5 M

Jan 1996 – May 2004

Value, last 12 filed months

$76 k

at the published price for each month

Months reported

101

no gaps in the span

Streams

oil, casinghead gas

The BEAUMONT, WEST (4850) 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 2 leases and 3 wells, and the rule below applies to all of them.

Discovered

1988-09-13

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

The Commission's schedule remark for this field reads: “CONSOLIDATED INTO BEAUMONT, WEST (CONSOLIDATED)”

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
Oil	Disposition	112,668 bbl	$2,244,164
Casinghead gas	Production	111,416 Mcf	$252,290
Total			$2,496,454

4,870 Mcf of this lease's gas, across 6 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 30.0985, -94.1822. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

30.09853, -94.18218 · 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%

2 of 2 wells

With a plug date

100.0%

2 of 2 wells

Median depth

5,650 ft

2 wells filed one

Completion to plug

11.3 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 5,380 and 5,920 ft, median 5,650 ft, over the 2 wells that filed a depth.

Completions filed

Dec 1996 – Jan 2015

2 of 2 wells

Plug dates filed

Mar 2017

2 of 2 wells

Last completion to plug: a median of 11.3 years across the 2 wells that filed both dates, with the middle half between 6.7 years and 15.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells


42-24500315	5	5,380 ft	Jan 2015	Mar 2017	Yes
42-24531716	15	5,920 ft	Dec 1996	Mar 2017	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 (101)

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

101 months


May 2004	0	0	37.48	6.49	$0
Apr 2004	0	0	34.47	5.86	$0
Mar 2004	0	0	34.36	5.53	$0
Feb 2004	0	0	32.45	5.51	$0
Jan 2004	353	0	32.03	6.30	$11,307
Dec 2003	344	0	30.26	6.30	$10,409
Nov 2003	291	0	28.80	4.60	$8,381
Oct 2003	325	0	28.17	4.76	$9,155
Sep 2003	318	0	26.31	4.75	$8,367
Aug 2003	275	0	29.76	5.13	$8,184
Jul 2003	348	0	29.41	5.17	$10,235
Jun 2003	351	0	28.56	5.98	$10,025
May 2003	298	0	26.59	5.97	$7,924
Apr 2003	288	0	26.67	5.41	$7,681
Mar 2003	336	0	31.14	6.10	$10,463
Feb 2003	287	0	33.48	7.93	$9,609
Jan 2003	326	0	30.31	5.58	$9,881
Dec 2002	309	0	26.91	4.85	$8,315
Nov 2002	337	0	24.66	4.14	$8,310
Oct 2002	335	0	26.46	4.23	$8,864
Sep 2002	300	0	27.44	3.64	$8,232
Aug 2002	322	0	25.96	3.16	$8,359
Jul 2002	313	0	24.58	3.06	$7,694
Jun 2002	411	0	23.73	3.34	$9,753
May 2002	305	0	24.66	3.58	$7,521
Apr 2002	355	0	23.65	3.51	$8,396
Mar 2002	357	0	22.00	3.10	$7,854
Feb 2002	262	0	18.22	2.38	$4,774
Jan 2002	305	0	17.17	2.38	$5,237
Dec 2001	318	0	16.93	2.36	$5,384
Nov 2001	265	0	18.07	2.41	$4,789
Oct 2001	384	0	19.78	2.53	$7,596
Sep 2001	691	0	24.26	2.25	$16,764
Aug 2001	853	0	24.87	3.05	$21,214
Jul 2001	992	0	23.93	3.20	$23,739
Jun 2001	953	0	24.56	3.82	$23,406
May 2001	920	0	25.52	4.31	$23,478
Apr 2001	902	0	24.68	5.34	$22,261
Mar 2001	993	0	24.54	5.38	$24,368
Feb 2001	836	0	27.75	5.77	$23,199
Jan 2001	935	0	27.47	8.40	$25,684
Dec 2000	926	0	26.88	9.12	$24,891
Nov 2000	718	0	32.21	5.66	$23,127
Oct 2000	904	0	31.23	5.15	$28,232
Sep 2000	578	0	31.87	5.19	$18,421
Aug 2000	510	2,740	29.64	4.54	$27,558
Jul 2000	537	1,329	28.53	4.09	$20,756
Jun 2000	550	382	29.30	4.40	$17,795
May 2000	544	229	27.26	3.68	$15,672
Apr 2000	536	957	24.51	3.12	$16,119
Mar 2000	786	873	28.42	2.86	$24,835
Feb 2000	798	873	27.62	2.73	$24,421
Jan 2000	922	458	25.27	2.48	$24,435
Dec 1999	837	741	24.28	2.42	$22,118
Nov 1999	843	791	23.19	2.43	$21,474
Oct 1999	931	908	20.98	2.80	$22,078
Sep 1999	852	1,264	21.75	2.62	$21,841
Aug 1999	975	957	19.26	2.88	$21,530
Jul 1999	944	1,475	17.89	2.37	$20,387
Jun 1999	702	1,482	15.94	2.36	$14,691
May 1999	460	277	15.79	2.32	$7,906
Apr 1999	786	1,916	15.10	2.21	$16,099
Mar 1999	763	374	12.47	1.84	$10,202
Feb 1999	515	826	9.98	1.82	$6,641
Jan 1999	715	602	10.38	1.90	$8,565
Dec 1998	664	3,227	9.20	1.77	$11,831
Nov 1998	622	3,532	10.89	2.19	$14,494
Oct 1998	800	4,103	12.42	1.97	$18,016
Sep 1998	1,168	4,771	12.59	2.08	$24,641
Aug 1998	1,050	4,896	11.30	1.91	$21,203
Jul 1998	1,042	2,120	11.74	2.24	$16,976
Jun 1998	1,148	5,765	11.24	2.24	$25,801
May 1998	1,522	2,584	12.62	2.21	$24,909
Apr 1998	2,182	3,120	13.04	2.51	$36,270
Mar 1998	2,287	0	12.80	2.31	$29,274
Feb 1998	1,989	0	13.95	2.30	$27,747
Jan 1998	1,960	1,990	14.70	2.15	$33,100
Dec 1997	1,868	0	16.32	2.41	$30,486
Nov 1997	2,419	0	18.19	3.09	$44,002
Oct 1997	2,485	399	19.25	3.15	$49,093
Sep 1997	2,588	447	17.74	2.95	$47,232
Aug 1997	2,847	441	17.86	2.55	$51,974
Jul 1997	2,667	450	17.58	2.25	$47,897
Jun 1997	4,654	6,425	17.24	2.26	$94,737
May 1997	3,546	8,977	18.97	2.31	$87,991
Apr 1997	3,487	9,253	17.88	2.08	$81,620
Mar 1997	3,273	10,518	18.95	1.94	$82,419
Feb 1997	3,319	7,730	20.49	2.21	$85,058
Jan 1997	3,478	6,344	23.48	3.54	$104,119
Dec 1996	2,642	0	23.32	—	$61,611
Nov 1996	2,185	0	21.97	—	$48,004
Oct 1996	2,122	0	23.31	—	$49,464
Sep 1996	1,518	0	22.22	—	$33,730
Aug 1996	1,931	0	20.26	—	$39,122
Jul 1996	2,370	0	19.55	—	$46,334
Jun 1996	2,478	2,131	18.73	—	$46,413
May 1996	2,183	453	19.43	—	$42,416
Apr 1996	2,277	897	21.51	—	$48,978
Mar 1996	2,075	862	19.38	—	$40,214
Feb 1996	2,146	353	16.98	—	$36,439
Jan 1996	951	174	17.07	—	$16,234

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.

Jan 2004 — as filed, then multipliedworked

Oil                  353 bbl  × $ 32.03 =    $11,307
Casinghead gas         0 Mcf  × $  6.30 =         $0

────────────────────────────────────────────────────
Month total                                  $11,307

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/22982 is the state's own key, not one this site invented.