MCFADDIN TRUST

Operated by VESTIGE ENERGY, LLC (P-5 884807) in the FRENCH ISLAND (MARG 1) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 27426District 03Field 32991600OilSaveExport
Value, all time
$868 k
Oct 2018 – May 2026
Value, last 12 filed months
$69 k
at the published price for each month
Months reported
92
no gaps in the span
Streams
1
oil

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 3 leases and 3 wells, and the rule below applies to all of them.

Discovered
1980-08-10
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

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
OilDisposition13,325 bbl$868,095
Total$868,095

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 29.8853, -94.0820. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.88532, -94.08204 · 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
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
8,904 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
00.0%
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.
1100.0%

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 8,904 ft.

Completions filed
Feb 2008
1 of 1 wells

1 well

42-2453250828,904 ftFeb 2008

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 (92)

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

92 months

May 20260106.413.05$0
Apr 202615998.932.87$15,730
Mar 2026089.753.15$0
Feb 202617063.503.75$10,795
Jan 202617059.138.00$10,052
Dec 2025056.664.41$0
Nov 202518458.593.93$10,781
Oct 2025059.383.30$0
Sep 202516862.743.08$10,540
Aug 2025063.933.01$0
Jul 202516766.743.32$11,146
Jun 2025066.483.13$0
May 202517960.553.23$10,838
Apr 2025062.363.54$0
Mar 202516967.704.27$11,441
Feb 2025070.884.34$0
Jan 202516574.324.28$12,263
Dec 2024068.993.12$0
Nov 2024069.052.20$0
Oct 202418471.372.28$13,132
Sep 2024069.612.36$0
Aug 202417475.632.06$13,160
Jul 202417879.932.15$14,228
Jun 2024078.082.63$0
May 202415878.812.20$12,452
Apr 20247884.451.66$6,587
Mar 2024080.301.55$0
Feb 202416976.091.78$12,859
Jan 202418073.023.30$13,144
Dec 2023071.262.61$0
Nov 202318577.892.81$14,410
Oct 202316985.443.09$14,439
Sep 202316989.042.74$15,048
Aug 2023080.522.67$0
Jul 202317474.852.64$13,024
Jun 202317668.962.26$12,137
May 202316970.622.23$11,935
Apr 2023078.122.24$0
Mar 202315872.852.39$11,510
Feb 202316975.112.47$12,694
Jan 202316776.533.39$12,781
Dec 202216676.415.73$12,684
Nov 202217085.005.65$14,450
Oct 202216887.185.86$14,646
Sep 2022084.888.16$0
Aug 202215494.529.13$14,556
Jul 2022148101.587.54$15,034
Jun 2022178115.097.98$20,486
May 2022169109.378.43$18,484
Apr 2022169104.226.84$17,613
Mar 2022179108.885.08$19,490
Feb 202216591.054.86$15,023
Jan 202217181.844.54$13,995
Dec 202117471.323.90$12,410
Nov 202117077.435.24$13,163
Oct 202118079.795.71$14,362
Sep 202116969.865.35$11,806
Aug 2021066.024.22$0
Jul 202116870.783.98$11,891
Jun 202116869.493.38$11,674
May 202117463.483.02$11,046
Apr 202116660.362.76$10,020
Mar 202117761.302.72$10,850
Feb 202132857.805.55$18,958
Jan 202116950.412.81$8,519
Dec 202017344.642.68$7,723
Nov 202017238.772.71$6,668
Oct 202034836.972.48$12,866
Sep 2020037.091.99$0
Aug 202017139.982.39$6,837
Jul 202047938.371.83$18,379
Jun 202028234.901.69$9,842
May 2020016.921.81$0
Apr 202017914.751.80$2,640
Mar 202018230.341.86$5,522
Feb 202017249.881.98$8,579
Jan 202016457.252.09$9,389
Dec 201932959.012.30$19,414
Nov 201933555.302.75$18,526
Oct 2019053.472.42$0
Sep 201934555.052.66$18,992
Aug 2019053.112.30$0
Jul 201914756.272.46$8,272
Jun 201919352.782.49$10,187
May 201919058.482.74$11,111
Apr 201937162.632.75$23,236
Mar 201919556.803.06$11,076
Feb 201914250.852.79$7,221
Jan 201929846.033.23$13,717
Dec 201819346.594.19$8,992
Nov 201817452.934.24$9,210
Oct 20182361.443.40$1,413

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 2026 — as filed, then multipliedworked
Oil                  159 bbl  × $ 98.93 =    $15,730

────────────────────────────────────────────────────
Month total                                  $15,730

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/27426 is the state's own key, not one this site invented.