MCFADDIN RANCH

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

Oil lease lease 27288District 03Field 59405333OilCasinghead gasSave
Value, all time
$2.5 M
Jul 2017 – Jul 2022
Value, last 12 filed months
$136 k
at the published price for each month
Months reported
61
no gaps in the span
Streams
2
oil, casinghead gas

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
OilDisposition44,775 bbl$2,481,752
Casinghead gasProduction9,517 Mcf$36,363
Total$2,518,115

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 29.7752, -93.9859. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.77517, -93.98588 · 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
7,797 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 7,797 ft.

Completions filed
Apr 2022
1 of 1 wells

1 well

42-2453021311ST7,797 ftApr 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 (61)

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

61 months

Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 20221420104.226.84$14,799
Mar 20221520108.885.08$16,550
Feb 2022104091.054.86$9,469
Jan 2022366081.844.54$29,953
Dec 2021190071.323.90$13,551
Nov 2021137077.435.24$10,608
Oct 202111072679.795.71$12,925
Sep 2021872,39169.865.35$18,872
Aug 2021321,66166.024.22$9,123
Jul 20214215870.783.98$3,602
Jun 2021322669.493.38$2,312
May 20219718963.483.02$6,728
Apr 20210060.362.76$0
Mar 20212341,53961.302.72$18,526
Feb 2021352057.805.55$20,346
Jan 20212291,63550.412.81$16,139
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 202017818939.982.39$7,567
Jul 202053362738.371.83$21,596
Jun 2020620034.901.69$21,638
May 2020156016.921.81$2,640
Apr 2020346014.751.80$5,104
Mar 20204923530.341.86$14,992
Feb 202092823949.881.98$46,762
Jan 202082210257.252.09$47,273
Dec 2019823059.012.30$48,565
Nov 20191,057055.302.75$58,452
Oct 20191,195053.472.42$63,897
Sep 2019455055.052.66$25,048
Aug 20191,089053.112.30$57,837
Jul 20191,054056.272.46$59,309
Jun 2019842052.782.49$44,441
May 20191,553058.482.74$90,819
Apr 20191,702062.632.75$106,596
Mar 2019995056.803.06$56,516
Feb 2019770050.852.79$39,155
Jan 20191,124046.033.23$51,738
Dec 20181,222046.594.19$56,933
Nov 20181,147052.934.24$60,711
Oct 20182,158061.443.40$132,588
Sep 20182,094059.543.11$124,677
Aug 20181,445059.403.07$85,833
Jul 20181,917065.142.93$124,873
Jun 20181,732060.183.08$104,232
May 20181,012065.382.90$66,165
Apr 2018943063.842.90$60,201
Mar 20181,847061.222.79$113,073
Feb 2018768061.782.77$47,447
Jan 20181,130062.874.01$71,043
Dec 2017187057.272.92$10,709
Nov 20171,056055.423.12$58,524
Oct 20171,645049.292.98$81,082
Sep 20171,442047.523.09$68,524
Aug 20172,010045.373.00$91,194
Jul 20171,980043.873.09$86,863

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 2022 — as filed, then multipliedworked
Oil                  142 bbl  × $104.22 =    $14,799
Casinghead gas         0 Mcf  × $  6.84 =         $0

────────────────────────────────────────────────────
Month total                                  $14,799

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/27288 is the state's own key, not one this site invented.