MCCLAIN

Operated by BASA RESOURCES, INC. (P-5 53974) in the M. GASTON (CARRIZO "C") field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 24360District 03Field 56204300OilSave
Value, all time
$988 k
May 2003 – Mar 2008
Value, last 12 filed months
$0
at the published price for each month
Months reported
59
no gaps in the span
Streams
1
oil

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
OilDisposition20,465 bbl$987,643
Total$987,643

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 31.2055, -95.0557. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.20550, -95.05568 · 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
2,030 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 2,030 ft.

Completions filed
Jun 2006
1 of 1 wells

1 well

42-4553046912,030 ftJun 2006Yes

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 (59)

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

59 months

Mar 20080101.909.66$0
Feb 2008092.538.77$0
Jan 2008090.388.21$0
Dec 2007088.337.30$0
Nov 2007091.677.29$0
Oct 2007082.856.92$0
Sep 2007075.846.24$0
Aug 2007069.066.39$0
Jul 2007070.906.39$0
Jun 2007062.007.55$0
May 2007058.747.85$0
Apr 2007059.617.81$0
Mar 2007056.927.30$0
Feb 2007055.108.22$0
Jan 2007050.306.73$0
Dec 2006056.656.92$0
Nov 2006054.207.62$0
Oct 2006054.906.01$0
Sep 2006060.085.04$0
Aug 2006068.717.34$0
Jul 2006069.376.34$0
Jun 200645666.286.38$30,224
May 200663866.016.42$42,114
Apr 200648664.397.36$31,294
Mar 200678256.707.08$44,339
Feb 200685357.597.75$49,124
Jan 20061,02160.598.93$61,862
Dec 20051,15354.9413.42$63,346
Nov 20051,18154.6910.59$64,589
Oct 200577258.3413.80$45,038
Sep 200594161.4512.08$57,824
Aug 20051,16761.519.80$71,782
Jul 200587055.697.84$48,450
Jun 200542752.337.38$22,345
May 200512945.226.65$5,833
Apr 200526849.207.36$13,186
Mar 200532650.377.15$16,421
Feb 200539745.226.31$17,952
Jan 200550543.166.32$21,796
Dec 200449439.866.75$19,691
Nov 200452645.286.33$23,817
Oct 200466449.706.52$33,001
Sep 200439143.245.28$16,907
Aug 200429942.375.55$12,669
Jul 200429138.286.08$11,139
Jun 200435836.106.43$12,924
May 200431337.486.49$11,731
Apr 200417134.475.86$5,894
Mar 200415634.365.53$5,360
Feb 200413732.455.51$4,446
Jan 200425032.036.30$8,008
Dec 200344930.266.30$13,587
Nov 200345128.804.60$12,989
Oct 200355328.174.76$15,578
Sep 200353626.314.75$14,102
Aug 200336329.765.13$10,803
Jul 200340529.415.17$11,911
Jun 200369628.565.98$19,878
May 200359026.595.97$15,688

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.

Jun 2006 — as filed, then multipliedworked
Oil                  456 bbl  × $ 66.28 =    $30,224

────────────────────────────────────────────────────
Month total                                  $30,224

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/24360 is the state's own key, not one this site invented.