MCFADDIN

Name: MCFADDIN lease production and value, Apr 2006 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by SQUARE MILE ENERGY, L.L.C. (P-5 810815) in the BIG HILL BAYOU (H-4) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 24865District 03Field 07892500OilCasinghead gasSave Export

Value, all time

$73.0 M

Apr 2006 – Nov 2018

Value, last 12 filed months

at the published price for each month

Months reported

152

no gaps in the span

Streams

oil, casinghead gas

The BIG HILL BAYOU (H-4) 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 1 leases and 1 wells, and the rule below applies to all of them.

Discovered

2006-04-23

as the register files it

Field class

Oil

the register's own label

Between wells

1,200 ft

minimum

From a lease line

660 ft

minimum

A drilling unit in this field needs at least 160 acres. The field rule took effect on 2007-07-17.

The Commission's schedule remark for this field reads: “750 BOPD FOR SAID WELL AND ALL OVERPRODUCTION CANCELED.”

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	807,443 bbl	$60,854,994
Casinghead gas	Production	2,006,957 Mcf	$12,115,806
Total			$72,970,799

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 29.8600, -94.0165. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.86003, -94.01650 · 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%

1 of 1 wells

With a plug date

100.0%

1 of 1 wells

Median depth

11,923 ft

1 wells filed one

Completion to plug

11.7 years

median over 1 well

What the state filed about each well

On the RRC proration schedule

1100.0%

A plug date is filed

1100.0%

BothOn the schedule and plugged. Neither fact cancels the other.

1100.0%

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 11,923 ft.

Completions filed

Apr 2006

1 of 1 wells

Plug dates filed

Dec 2017

1 of 1 wells

Last completion to plug: a median of 11.7 years across the 1 well that filed both dates, with the middle half between 11.7 years and 11.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-24532437	1	11,923 ft	Apr 2006	Dec 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 (152)

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

152 months


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	190	0	47.52	3.09	$9,029
Aug 2017	389	1,760	45.37	3.00	$22,937
Jul 2017	567	2,289	43.87	3.09	$31,941
Jun 2017	534	1,806	42.49	3.09	$28,265
May 2017	597	1,908	45.37	3.26	$33,312
Apr 2017	424	1,425	47.93	3.21	$24,899
Mar 2017	691	1,497	46.77	2.98	$36,785
Feb 2017	580	1,403	50.45	2.95	$33,404
Jan 2017	737	1,403	49.41	3.42	$41,212
Dec 2016	467	1,308	48.76	3.72	$27,640
Nov 2016	913	1,453	42.49	2.64	$42,636
Oct 2016	570	1,496	46.19	3.09	$30,951
Sep 2016	816	1,495	41.55	3.10	$38,540
Aug 2016	712	1,383	41.44	2.92	$33,550
Jul 2016	744	1,482	41.62	2.92	$35,299
Jun 2016	559	1,926	45.35	2.69	$30,524
May 2016	712	2,187	42.52	1.99	$34,629
Apr 2016	919	1,843	36.56	1.99	$37,268
Mar 2016	907	2,040	33.01	1.79	$33,600
Feb 2016	693	1,839	26.47	2.06	$22,139
Jan 2016	832	1,702	27.35	2.36	$26,779
Dec 2015	932	1,836	32.36	2.00	$33,834
Nov 2015	911	1,954	38.79	2.17	$39,573
Oct 2015	1,095	2,062	43.55	2.43	$52,691
Sep 2015	901	2,091	42.99	2.76	$44,502
Aug 2015	914	2,096	40.16	2.87	$42,727
Jul 2015	872	2,080	48.15	2.95	$48,113
Jun 2015	910	1,929	56.15	2.88	$56,658
May 2015	946	2,008	55.21	2.96	$58,163
Apr 2015	907	1,805	49.82	2.71	$50,072
Mar 2015	937	1,956	42.89	2.93	$45,928
Feb 2015	792	1,505	44.66	2.98	$39,850
Jan 2015	978	2,355	43.43	3.10	$49,777
Dec 2014	928	2,352	54.69	3.59	$59,199
Nov 2014	937	1,758	70.46	4.25	$73,496
Oct 2014	1,102	1,927	78.30	3.90	$93,804
Sep 2014	909	2,081	86.16	4.05	$86,738
Aug 2014	946	1,695	89.39	4.04	$91,402
Jul 2014	1,668	3,410	96.56	4.18	$175,315
Jun 2014	1,408	3,637	98.16	4.74	$155,437
May 2014	1,605	3,770	94.73	4.73	$169,861
Apr 2014	1,632	3,742	95.94	4.81	$174,570
Mar 2014	1,763	3,933	95.89	5.06	$188,942
Feb 2014	1,877	3,893	97.40	6.19	$206,925
Jan 2014	1,614	3,744	90.40	4.86	$164,104
Dec 2013	1,804	3,961	91.82	4.35	$182,891
Nov 2013	1,991	3,861	88.85	3.74	$191,334
Oct 2013	2,318	4,419	97.42	3.78	$242,521
Sep 2013	1,808	4,269	104.11	3.72	$204,102
Aug 2013	2,635	4,366	104.25	3.52	$290,078
Jul 2013	1,805	4,800	102.52	3.72	$202,894
Jun 2013	2,368	4,764	94.40	3.93	$242,278
May 2013	2,637	4,501	94.83	4.15	$268,742
Apr 2013	2,503	5,140	93.96	4.28	$257,194
Mar 2013	2,787	5,667	93.62	3.91	$283,093
Feb 2013	3,033	5,466	91.23	3.42	$295,394
Jan 2013	3,157	6,050	91.60	3.42	$309,872
Dec 2012	3,264	6,882	86.77	3.42	$306,755
Nov 2012	3,112	5,146	86.95	3.62	$289,242
Oct 2012	3,787	7,969	89.38	3.40	$365,574
Sep 2012	3,983	7,908	94.67	2.92	$400,149
Aug 2012	4,313	8,266	92.66	2.91	$423,681
Jul 2012	4,337	9,580	85.13	3.02	$398,148
Jun 2012	4,468	8,932	79.82	2.52	$379,136
May 2012	4,808	9,444	91.61	2.49	$463,961
Apr 2012	5,547	10,787	101.65	2.00	$585,392
Mar 2012	4,717	12,405	105.05	2.22	$523,086
Feb 2012	5,410	11,321	101.10	2.57	$576,049
Jan 2012	5,466	9,956	98.09	2.73	$563,380
Dec 2011	6,368	14,515	96.87	3.24	$663,893
Nov 2011	6,902	16,243	95.72	3.31	$714,445
Oct 2011	6,568	15,504	84.98	3.65	$614,716
Sep 2011	7,376	16,912	83.62	3.99	$684,189
Aug 2011	7,054	16,983	83.40	4.15	$658,772
Jul 2011	8,386	17,685	94.14	4.52	$869,345
Jun 2011	7,492	16,896	92.90	4.64	$774,402
May 2011	7,451	17,546	98.13	4.40	$808,454
Apr 2011	7,728	16,929	105.96	4.33	$892,217
Mar 2011	8,802	17,464	96.36	4.06	$919,018
Feb 2011	7,567	15,291	85.64	4.18	$711,954
Jan 2011	9,168	18,169	86.50	4.59	$876,406
Dec 2010	8,749	18,442	85.73	4.35	$830,233
Nov 2010	8,351	16,541	80.84	3.80	$737,873
Oct 2010	9,982	18,224	78.10	3.51	$843,540
Sep 2010	8,334	15,969	72.63	3.98	$668,847
Aug 2010	8,732	17,660	73.68	4.42	$721,420
Jul 2010	8,578	16,643	72.55	4.74	$701,163
Jun 2010	7,928	12,850	70.36	4.91	$620,913
May 2010	9,169	18,628	71.12	4.24	$730,993
Apr 2010	5,800	7,621	81.69	4.12	$505,221
Mar 2010	8,981	19,648	78.39	4.39	$790,249
Feb 2010	9,061	18,740	73.58	5.44	$768,698
Jan 2010	9,417	17,210	74.36	5.96	$802,890
Dec 2009	10,206	21,357	71.44	5.48	$846,233
Nov 2009	10,050	21,222	74.59	3.75	$829,244
Oct 2009	10,260	21,562	72.54	4.11	$832,886
Sep 2009	9,742	19,939	65.54	3.06	$699,599
Aug 2009	10,479	21,266	67.42	3.22	$774,939
Jul 2009	10,000	21,620	61.13	3.46	$686,202
Jun 2009	9,863	20,523	66.16	3.90	$732,473
May 2009	9,725	21,358	54.74	3.93	$616,193
Apr 2009	9,528	23,212	46.77	3.59	$528,898
Mar 2009	10,925	25,694	42.14	4.06	$564,671
Feb 2009	9,665	19,087	32.81	4.63	$405,539
Jan 2009	11,426	27,413	35.86	5.37	$556,972
Dec 2008	11,118	26,111	37.10	5.98	$568,547
Nov 2008	6,087	16,711	55.49	6.86	$452,411
Oct 2008	0	0	75.24	6.92	$0
Sep 2008	3,329	9,108	101.76	7.88	$410,504
Aug 2008	11,464	39,515	114.22	8.48	$1,644,625
Jul 2008	11,230	38,934	131.08	11.39	$1,915,464
Jun 2008	6,748	24,802	131.33	13.03	$1,209,450
May 2008	11,546	36,991	123.17	11.57	$1,850,265
Apr 2008	11,355	36,367	110.31	10.45	$1,632,782
Mar 2008	12,200	41,395	101.90	9.66	$1,643,224
Feb 2008	9,651	40,840	92.53	8.77	$1,251,198
Jan 2008	10,083	30,837	90.38	8.21	$1,164,342
Dec 2007	12,944	34,051	88.33	7.30	$1,391,983
Nov 2007	14,048	40,684	91.67	7.29	$1,584,436
Oct 2007	15,935	45,041	82.85	6.92	$1,631,988
Sep 2007	15,042	44,914	75.84	6.24	$1,421,235
Aug 2007	15,396	41,587	69.06	6.39	$1,328,903
Jul 2007	13,144	40,532	70.90	6.39	$1,190,826
Jun 2007	15,754	47,622	62.00	7.55	$1,336,220
May 2007	13,315	43,223	58.74	7.85	$1,121,263
Apr 2007	17,756	55,825	59.61	7.81	$1,494,160
Mar 2007	19,506	52,879	56.92	7.30	$1,496,402
Feb 2007	19,189	50,514	55.10	8.22	$1,472,337
Jan 2007	18,676	49,422	50.30	6.73	$1,271,857
Dec 2006	18,539	51,036	56.65	6.92	$1,403,324
Nov 2006	20,390	54,364	54.20	7.62	$1,519,255
Oct 2006	18,857	53,563	54.90	6.01	$1,357,366
Sep 2006	14,041	35,381	60.08	5.04	$1,021,804
Aug 2006	0	0	68.71	7.34	$0
Jul 2006	0	0	69.37	6.34	$0
Jun 2006	0	0	66.28	6.38	$0
May 2006	0	0	66.01	6.42	$0
Apr 2006	1,192	3,018	64.39	7.36	$98,967

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 2017 — as filed, then multipliedworked

Oil                  190 bbl  × $ 47.52 =     $9,029
Casinghead gas         0 Mcf  × $  3.09 =         $0

────────────────────────────────────────────────────
Month total                                   $9,029

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/24865 is the state's own key, not one this site invented.