MCADAMS CATTLE COMPANY

Operated by EOG RESOURCES, INC. (P-5 253162) in the FORT TRINIDAD, EAST (BUDA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 26498District 03Field 32157071OilCasinghead gasSaveExport
Value, all time
$7.3 M
Jun 2014 – May 2022
Value, last 12 filed months
$8 k
at the published price for each month
Months reported
96
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 310 leases and 403 wells, and the rule below applies to all of them.

Discovered
1965-04-27
as the register files it
Field class
Oil and gas
the register's own label
Between wells
933 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 2016-02-23.

The Commission's schedule remark for this field reads: DUE TO COMPUTER RESTRAINTS THE HIGHEST POSSIBLE TOP IS 3499

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
OilDisposition29,121 bbl$1,871,856
Casinghead gasProduction1,828,678 Mcf$5,462,233
Total$7,334,089

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 30.8274, -95.7835. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.82741, -95.78352 · 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
11,100 ft
1 wells filed one
Completion to plug
6.8 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 11,100 ft.

Completions filed
May 2015
1 of 1 wells
Plug dates filed
Feb 2022
1 of 1 wells

Last completion to plug: a median of 6.8 years across the 1 well that filed both dates, with the middle half between 6.8 years and 6.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-471303701H11,100 ftMay 2015Feb 2022Yes

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 (96)

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

96 months

May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 2022100081.844.54$8,184
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
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 20190956.803.06$28
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 2018014061.222.79$390
Feb 20180061.782.77$0
Jan 2018017362.874.01$694
Dec 2017071857.272.92$2,098
Nov 201737518,56255.423.12$78,666
Oct 2017037,38849.292.98$111,554
Sep 201708,87247.523.09$27,390
Aug 201718825,97745.373.00$86,575
Jul 201717732,88043.873.09$109,275
Jun 2017028,45942.493.09$87,861
May 201718540,79845.373.26$141,534
Apr 201716815,00547.933.21$56,242
Mar 201719041,07446.772.98$131,438
Feb 201754954,64550.452.95$189,042
Jan 201701,85049.413.42$6,325
Dec 201612623,15248.763.72$92,335
Nov 201612341,49642.492.64$114,956
Oct 201635543,14446.193.09$149,724
Sep 201635249,46341.553.10$167,992
Aug 201634065,36241.442.92$205,230
Jul 201608,12041.622.92$23,746
Jun 201654444,38645.352.69$143,884
May 201618654,56442.521.99$116,548
Apr 20169758,23836.561.99$119,501
Mar 201618272,28933.011.79$135,695
Feb 201637452,10626.472.06$117,427
Jan 2016195027.352.36$5,333
Dec 20150032.362.00$0
Nov 201593362,57738.792.17$171,816
Oct 201573075,04943.552.43$213,904
Sep 20151,11377,24042.992.76$260,908
Aug 201591264,98140.162.87$223,283
Jul 201573552,80448.152.95$190,902
Jun 201555453,95156.152.88$186,640
May 201536541,55755.212.96$142,971
Apr 201555340,12649.822.71$136,154
Mar 201597056,82742.892.93$208,374
Feb 20151,11657,92444.662.98$222,233
Jan 20151,49766,38743.433.10$270,856
Dec 20141,65169,30354.693.59$339,185
Nov 20141,50771,49770.464.25$410,177
Oct 20141,87265,34378.303.90$401,478
Sep 20143,57863,30486.164.05$564,373
Aug 20142,26028,95889.394.04$318,870
Jul 20143,96961,98096.564.18$642,298
Jun 20140098.164.74$0

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 2022 — as filed, then multipliedworked
Oil                  100 bbl  × $ 81.84 =     $8,184
Casinghead gas         0 Mcf  × $  4.54 =         $0

────────────────────────────────────────────────────
Month total                                   $8,184

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/26498 is the state's own key, not one this site invented.