MCFADDIN RANCH

Operated by KINGWOOD EXPLORATION LLC (P-5 467256) in the MCFADDIN RANCH (MIOCENE -X-7400) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 27278District 03Field 59403875OilCasinghead gasSaveExport
Value, all time
$2.4 M
Jul 2017 – May 2022
Value, last 12 filed months
$0
at the published price for each month
Months reported
59
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 2 leases and 2 wells, and the rule below applies to all of them.

Discovered
1966-07-22
as the register files it
Field class
Oil
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

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
OilDisposition44,799 bbl$2,386,072
Casinghead gasProduction1,022 Mcf$2,143
Total$2,388,215

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 29.7741, -93.9847. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.77411, -93.98469 · 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
7,735 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 7,735 ft.

Completions filed
Mar 2024
1 of 1 wells

1 well

42-2453206013ST7,735 ftMar 2024Yes

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

May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
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 202117060.362.76$1,026
Mar 202141061.302.72$2,513
Feb 2021128057.805.55$7,398
Jan 202133050.412.81$1,664
Dec 2020321044.642.68$14,329
Nov 2020486038.772.71$18,842
Oct 2020324036.972.48$11,978
Sep 2020472037.091.99$17,506
Aug 202040543039.982.39$17,217
Jul 202031637238.371.83$12,804
Jun 2020620034.901.69$21,638
May 2020105016.921.81$1,777
Apr 2020161014.751.80$2,375
Mar 20204763430.341.86$14,505
Feb 202048312549.881.98$24,340
Jan 20204906157.252.09$28,180
Dec 20191,243059.012.30$73,349
Nov 20191,569055.302.75$86,766
Oct 20192,122053.472.42$113,463
Sep 2019741055.052.66$40,792
Aug 20191,300053.112.30$69,043
Jul 2019972056.272.46$54,694
Jun 20191,118052.782.49$59,008
May 2019768058.482.74$44,913
Apr 20191,139062.632.75$71,336
Mar 2019723056.803.06$41,066
Feb 2019429050.852.79$21,815
Jan 2019770046.033.23$35,443
Dec 2018838046.594.19$39,042
Nov 2018786052.934.24$41,603
Oct 20181,479061.443.40$90,870
Sep 20181,423059.543.11$84,725
Aug 20181,875059.403.07$111,375
Jul 2018470065.142.93$30,616
Jun 2018600060.183.08$36,108
May 2018498065.382.90$32,559
Apr 20181,197063.842.90$76,416
Mar 20181,563061.222.79$95,687
Feb 20181,296061.782.77$80,067
Jan 20182,410062.874.01$151,517
Dec 2017553057.272.92$31,670
Nov 20171,848055.423.12$102,416
Oct 20172,260049.292.98$111,395
Sep 20172,457047.523.09$116,757
Aug 20173,643045.373.00$165,283
Jul 20171,831043.873.09$80,326

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.

Apr 2021 — as filed, then multipliedworked
Oil                   17 bbl  × $ 60.36 =     $1,026
Casinghead gas         0 Mcf  × $  2.76 =         $0

────────────────────────────────────────────────────
Month total                                   $1,026

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/27278 is the state's own key, not one this site invented.