MCCORMACK, W. P.

Name: MCCORMACK, W. P. lease production and value, Feb 2004 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 (CONSOLIDATED) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 24503District 03Field 06532005OilCasinghead gasSave Export

Value, all time

$6.2 M

Feb 2004 – Oct 2019

Value, last 12 filed months

at the published price for each month

Months reported

189

no gaps in the span

Streams

oil, casinghead gas

The BEAUMONT, WEST (CONSOLIDATED) 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 14 leases and 24 wells, and the rule below applies to all of them.

Discovered

2001-10-23

as the register files it

Field class

Oil and gas

the register's own label

Between wells

1,200 ft

minimum

From a lease line

330 ft

minimum

A drilling unit in this field needs at least 0 acres. The field rule took effect on 2001-11-01.

The Commission's schedule remark for this field reads: “CONSOLIDATED FROM VARIOUS FIELDS PER DOC. 03-0229507”

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	76,351 bbl	$5,728,835
Casinghead gas	Production	108,576 Mcf	$499,833
Total			$6,228,669

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	5D	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 (189)

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

189 months


Oct 2019	0	0	53.47	2.42	$0
Sep 2019	0	0	55.05	2.66	$0
Aug 2019	0	0	53.11	2.30	$0
Jul 2019	0	0	56.27	2.46	$0
Jun 2019	0	0	52.78	2.49	$0
May 2019	0	0	58.48	2.74	$0
Apr 2019	0	0	62.63	2.75	$0
Mar 2019	0	0	56.80	3.06	$0
Feb 2019	0	0	50.85	2.79	$0
Jan 2019	0	0	46.03	3.23	$0
Dec 2018	0	0	46.59	4.19	$0
Nov 2018	0	0	52.93	4.24	$0
Oct 2018	0	0	61.44	3.40	$0
Sep 2018	0	0	59.54	3.11	$0
Aug 2018	0	0	59.40	3.07	$0
Jul 2018	0	0	65.14	2.93	$0
Jun 2018	0	0	60.18	3.08	$0
May 2018	0	0	65.38	2.90	$0
Apr 2018	0	0	63.84	2.90	$0
Mar 2018	0	0	61.22	2.79	$0
Feb 2018	0	0	61.78	2.77	$0
Jan 2018	0	0	62.87	4.01	$0
Dec 2017	0	0	57.27	2.92	$0
Nov 2017	0	0	55.42	3.12	$0
Oct 2017	0	0	49.29	2.98	$0
Sep 2017	0	0	47.52	3.09	$0
Aug 2017	0	0	45.37	3.00	$0
Jul 2017	0	0	43.87	3.09	$0
Jun 2017	0	0	42.49	3.09	$0
May 2017	0	0	45.37	3.26	$0
Apr 2017	0	0	47.93	3.21	$0
Mar 2017	0	0	46.77	2.98	$0
Feb 2017	0	0	50.45	2.95	$0
Jan 2017	55	0	49.41	3.42	$2,718
Dec 2016	258	570	48.76	3.72	$14,702
Nov 2016	344	941	42.49	2.64	$17,105
Oct 2016	270	1,199	46.19	3.09	$16,177
Sep 2016	357	885	41.55	3.10	$17,577
Aug 2016	454	924	41.44	2.92	$21,516
Jul 2016	518	1,129	41.62	2.92	$24,861
Jun 2016	469	958	45.35	2.69	$23,842
May 2016	662	1,091	42.52	1.99	$30,320
Apr 2016	622	1,026	36.56	1.99	$24,783
Mar 2016	389	311	33.01	1.79	$13,399
Feb 2016	429	1,350	26.47	2.06	$14,142
Jan 2016	528	1,608	27.35	2.36	$18,243
Dec 2015	536	716	32.36	2.00	$18,778
Nov 2015	569	403	38.79	2.17	$22,945
Oct 2015	613	465	43.55	2.43	$27,825
Sep 2015	623	465	42.99	2.76	$28,065
Aug 2015	634	489	40.16	2.87	$26,866
Jul 2015	569	425	48.15	2.95	$28,649
Jun 2015	574	849	56.15	2.88	$34,678
May 2015	717	1,161	55.21	2.96	$43,017
Apr 2015	428	516	49.82	2.71	$22,720
Mar 2015	648	607	42.89	2.93	$29,574
Feb 2015	623	582	44.66	2.98	$29,555
Jan 2015	723	489	43.43	3.10	$32,916
Dec 2014	828	363	54.69	3.59	$46,587
Nov 2014	928	859	70.46	4.25	$69,039
Oct 2014	1,286	1,334	78.30	3.90	$105,898
Sep 2014	913	1,063	86.16	4.05	$82,964
Aug 2014	555	286	89.39	4.04	$50,765
Jul 2014	830	427	96.56	4.18	$81,929
Jun 2014	776	783	98.16	4.74	$79,881
May 2014	966	963	94.73	4.73	$96,061
Apr 2014	1,107	667	95.94	4.81	$109,413
Mar 2014	987	421	95.89	5.06	$96,772
Feb 2014	998	436	97.40	6.19	$99,905
Jan 2014	1,445	312	90.40	4.86	$132,145
Dec 2013	1,533	741	91.82	4.35	$143,987
Nov 2013	1,097	463	88.85	3.74	$99,199
Oct 2013	1,572	873	97.42	3.78	$156,444
Sep 2013	1,072	890	104.11	3.72	$114,915
Aug 2013	1,192	1,232	104.25	3.52	$128,606
Jul 2013	804	1,713	102.52	3.72	$88,795
Jun 2013	607	1,742	94.40	3.93	$64,153
May 2013	692	319	94.83	4.15	$66,946
Apr 2013	589	279	93.96	4.28	$56,537
Mar 2013	842	209	93.62	3.91	$79,646
Feb 2013	621	247	91.23	3.42	$57,499
Jan 2013	665	374	91.60	3.42	$62,193
Dec 2012	781	2,205	86.77	3.42	$75,309
Nov 2012	644	2,197	86.95	3.62	$63,960
Oct 2012	893	1,703	89.38	3.40	$85,606
Sep 2012	1,178	453	94.67	2.92	$112,843
Aug 2012	695	975	92.66	2.91	$67,234
Jul 2012	388	1,896	85.13	3.02	$38,758
Jun 2012	154	1,813	79.82	2.52	$16,859
May 2012	660	1,614	91.61	2.49	$64,479
Apr 2012	457	1,004	101.65	2.00	$48,459
Mar 2012	447	0	105.05	2.22	$46,957
Feb 2012	391	1,242	101.10	2.57	$42,722
Jan 2012	627	1,309	98.09	2.73	$65,081
Dec 2011	674	1,148	96.87	3.24	$69,010
Nov 2011	574	1,239	95.72	3.31	$59,046
Oct 2011	545	1,483	84.98	3.65	$51,725
Sep 2011	636	969	83.62	3.99	$57,045
Aug 2011	621	265	83.40	4.15	$52,891
Jul 2011	438	436	94.14	4.52	$43,203
Jun 2011	627	887	92.90	4.64	$62,364
May 2011	652	1,167	98.13	4.40	$69,121
Apr 2011	501	1,469	105.96	4.33	$59,452
Mar 2011	632	1,172	96.36	4.06	$65,655
Feb 2011	668	1,320	85.64	4.18	$62,725
Jan 2011	697	917	86.50	4.59	$64,498
Dec 2010	662	1,408	85.73	4.35	$62,875
Nov 2010	412	1,187	80.84	3.80	$37,811
Oct 2010	497	1,458	78.10	3.51	$43,932
Sep 2010	493	1,476	72.63	3.98	$41,680
Aug 2010	586	1,359	73.68	4.42	$49,182
Jul 2010	516	1,164	72.55	4.74	$42,949
Jun 2010	502	594	70.36	4.91	$38,238
May 2010	441	803	71.12	4.24	$34,765
Apr 2010	470	770	81.69	4.12	$41,569
Mar 2010	613	927	78.39	4.39	$52,121
Feb 2010	607	1,025	73.58	5.44	$50,241
Jan 2010	389	405	74.36	5.96	$31,342
Dec 2009	627	0	71.44	5.48	$44,793
Nov 2009	585	0	74.59	3.75	$43,635
Oct 2009	452	932	72.54	4.11	$36,619
Sep 2009	672	118	65.54	3.06	$44,405
Aug 2009	462	223	67.42	3.22	$31,866
Jul 2009	492	50	61.13	3.46	$30,249
Jun 2009	494	5	66.16	3.90	$32,703
May 2009	351	7	54.74	3.93	$19,241
Apr 2009	198	20	46.77	3.59	$9,332
Mar 2009	317	115	42.14	4.06	$13,825
Feb 2009	261	2,572	32.81	4.63	$20,479
Jan 2009	327	1,536	35.86	5.37	$19,976
Dec 2008	430	80	37.10	5.98	$16,431
Nov 2008	400	0	55.49	6.86	$22,196
Oct 2008	347	448	75.24	6.92	$29,209
Sep 2008	218	0	101.76	7.88	$22,184
Aug 2008	312	0	114.22	8.48	$35,637
Jul 2008	226	488	131.08	11.39	$35,182
Jun 2008	322	677	131.33	13.03	$51,111
May 2008	296	1,135	123.17	11.57	$49,595
Apr 2008	311	302	110.31	10.45	$37,464
Mar 2008	251	154	101.90	9.66	$27,065
Feb 2008	265	261	92.53	8.77	$26,810
Jan 2008	238	2,041	90.38	8.21	$38,258
Dec 2007	327	1,493	88.33	7.30	$39,786
Nov 2007	147	0	91.67	7.29	$13,475
Oct 2007	282	33	82.85	6.92	$23,592
Sep 2007	218	357	75.84	6.24	$18,762
Aug 2007	216	709	69.06	6.39	$19,446
Jul 2007	272	5,408	70.90	6.39	$53,831
Jun 2007	238	3,167	62.00	7.55	$38,662
May 2007	285	391	58.74	7.85	$19,809
Apr 2007	266	1,388	59.61	7.81	$26,690
Mar 2007	290	2,055	56.92	7.30	$31,512
Feb 2007	275	827	55.10	8.22	$21,947
Jan 2007	279	1,086	50.30	6.73	$21,339
Dec 2006	255	773	56.65	6.92	$19,794
Nov 2006	224	71	54.20	7.62	$12,682
Oct 2006	189	0	54.90	6.01	$10,376
Sep 2006	194	64	60.08	5.04	$11,978
Aug 2006	224	0	68.71	7.34	$15,391
Jul 2006	200	0	69.37	6.34	$13,874
Jun 2006	194	0	66.28	6.38	$12,858
May 2006	223	0	66.01	6.42	$14,720
Apr 2006	174	0	64.39	7.36	$11,204
Mar 2006	196	0	56.70	7.08	$11,113
Feb 2006	215	70	57.59	7.75	$12,924
Jan 2006	230	1,422	60.59	8.93	$26,639
Dec 2005	187	476	54.94	13.42	$16,660
Nov 2005	233	0	54.69	10.59	$12,743
Oct 2005	212	0	58.34	13.80	$12,368
Sep 2005	123	0	61.45	12.08	$7,558
Aug 2005	270	0	61.51	9.80	$16,608
Jul 2005	213	0	55.69	7.84	$11,862
Jun 2005	260	8	52.33	7.38	$13,665
May 2005	231	0	45.22	6.65	$10,446
Apr 2005	270	0	49.20	7.36	$13,284
Mar 2005	264	0	50.37	7.15	$13,298
Feb 2005	214	0	45.22	6.31	$9,677
Jan 2005	283	0	43.16	6.32	$12,214
Dec 2004	268	0	39.86	6.75	$10,682
Nov 2004	203	0	45.28	6.33	$9,192
Oct 2004	247	0	49.70	6.52	$12,276
Sep 2004	168	0	43.24	5.28	$7,264
Aug 2004	257	0	42.37	5.55	$10,889
Jul 2004	300	0	38.28	6.08	$11,484
Jun 2004	241	0	36.10	6.43	$8,700
May 2004	324	0	37.48	6.49	$12,144
Apr 2004	270	0	34.47	5.86	$9,307
Mar 2004	271	0	34.36	5.53	$9,312
Feb 2004	290	0	32.45	5.51	$9,411

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 2017 — as filed, then multipliedworked

Oil                   55 bbl  × $ 49.41 =     $2,718
Casinghead gas         0 Mcf  × $  3.42 =         $0

────────────────────────────────────────────────────
Month total                                   $2,718

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/24503 is the state's own key, not one this site invented.