MCCARTHY FAMILY TRUST 97

Operated by C & E OPERATING, INC. (P-5 120079) in the SEABREEZE (PIERCE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 25825District 03Field 81851810OilCasinghead gasSaveExport
Value, all time
$4.3 M
Sep 2011 – May 2021
Value, last 12 filed months
$0
at the published price for each month
Months reported
117
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 5 leases and 5 wells, and the rule below applies to all of them.

Discovered
1987-07-24
as the register files it
Field class
Oil and gas
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: ONE WELL FIELD EFF 2-1-91

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
OilDisposition46,600 bbl$3,708,217
Casinghead gasProduction182,875 Mcf$596,485
Total$4,304,702

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 29.7356, -94.3965. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.73562, -94.39651 · 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
100.0%
1 of 1 wells
Median depth
12,500 ft
1 wells filed one
Completion to plug
17 months
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 12,500 ft.

Completions filed
Jan 2019
1 of 1 wells
Plug dates filed
Jun 2020
1 of 1 wells

Last completion to plug: a median of 17 months across the 1 well that filed both dates, with the middle half between 17 months and 17 months. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-07132311212,500 ftJan 2019Jun 2020Yes

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 (117)

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

117 months

May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 2019134046.033.23$6,168
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 2018177059.403.07$10,514
Jul 2018174065.142.93$11,334
Jun 20180060.183.08$0
May 2018175065.382.90$11,442
Apr 20181707563.842.90$11,070
Mar 2018170061.222.79$10,407
Feb 201801761.782.77$47
Jan 2018180062.874.01$11,317
Dec 2017180057.272.92$10,309
Nov 2017175055.423.12$9,699
Oct 201718015649.292.98$9,338
Sep 20170047.523.09$0
Aug 2017177045.373.00$8,030
Jul 201717746243.873.09$9,191
Jun 201718061442.493.09$9,544
May 2017024645.373.26$803
Apr 201717638747.933.21$9,679
Mar 201717624046.772.98$8,948
Feb 20173458650.452.95$17,659
Jan 2017170049.413.42$8,400
Dec 20160048.763.72$0
Nov 2016175042.492.64$7,436
Oct 201635057146.193.09$17,931
Sep 201617568241.553.10$9,386
Aug 201635598541.442.92$17,592
Jul 201635396741.622.92$17,520
Jun 201650577545.352.69$24,983
May 201636475042.521.99$16,971
Apr 201617563336.561.99$7,658
Mar 201652098933.011.79$18,939
Feb 201634778026.472.06$10,795
Jan 201617169127.352.36$6,311
Dec 20155252,05332.362.00$21,098
Nov 201532335438.792.17$13,296
Oct 201537743143.552.43$17,464
Sep 201535159142.992.76$16,720
Aug 20153461,24540.162.87$17,472
Jul 20153241,34448.152.95$19,559
Jun 20153482,29156.152.88$26,145
May 20154851,94455.212.96$32,522
Apr 20155291,77849.822.71$31,167
Mar 20155182,51342.892.93$29,592
Feb 20155142,68944.662.98$30,958
Jan 20155253,64143.433.10$34,090
Dec 20145233,77754.693.59$42,167
Nov 20145103,93570.464.25$52,666
Oct 20142802,03378.303.90$29,855
Sep 20148562,35086.164.05$83,260
Aug 20145182,07689.394.04$54,681
Jul 201434573496.564.18$36,381
Jun 20141731,75398.164.74$25,285
May 20146663,09694.734.73$77,724
Apr 20145142,81695.944.81$62,856
Mar 201433775195.895.06$36,113
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 2013011191.824.35$483
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 20135092,668104.113.72$62,911
Aug 20136732,306104.253.52$78,283
Jul 20131,0090102.523.72$103,443
Jun 20131,182094.403.93$111,581
May 20131,0184,45994.834.15$115,038
Apr 20131,0154,43393.964.28$114,354
Mar 20131,5335,69193.623.91$165,788
Feb 20138482,21391.233.42$84,931
Jan 20136763,19791.603.42$72,855
Dec 20121,5246,09586.773.42$153,083
Nov 20121,2066,49586.953.62$128,406
Oct 20122,029089.383.40$181,352
Sep 201235185194.672.92$35,713
Aug 20121661092.662.91$15,411
Jul 2012335085.133.02$28,519
Jun 20121,5234,93179.822.52$133,987
May 20128454,09791.612.49$87,605
Apr 20121,1728,153101.652.00$135,414
Mar 20128398,879105.052.22$107,867
Feb 20128446,300101.102.57$101,521
Jan 20121,52410,40598.092.73$177,937
Dec 20111,18610,05996.873.24$147,476
Nov 20112,19216,21295.723.31$263,501
Oct 20113,19415,87084.983.65$329,328
Sep 20112,7145,13983.623.99$247,428

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 2019 — as filed, then multipliedworked
Oil                  134 bbl  × $ 46.03 =     $6,168
Casinghead gas         0 Mcf  × $  3.23 =         $0

────────────────────────────────────────────────────
Month total                                   $6,168

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/25825 is the state's own key, not one this site invented.