MCGILL BROS. NCT-1

Operated by TEXACO E & P INC. (P-5 844118) in the ENCINITAS (V-13) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 132054District 04Field 29010627CondensateGasSaveExport
Value, all time
$147 k
Jan 1993 – Mar 2000
Value, last 12 filed months
$32 k
at the published price for each month
Months reported
87
no gaps in the span
Streams
2
condensate, 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 4 leases and 4 wells, and the rule below applies to all of them.

Discovered
1985-03-21
as the register files it
Field class
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: AOF-1 AND AOF-2 EFFECTIVE 07/01/1999.

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
CondensateDisposition551 bbl$8,643
GasProduction776,114 Mcf$138,053
Total$146,697

719,096 Mcf of this lease's gas, across 48 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

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 26.8454, -98.2985. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.84543, -98.29847 · 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
11,605 ft
1 wells filed one
Completion to plug
10.5 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 11,605 ft.

Completions filed
Mar 2000
1 of 1 wells
Plug dates filed
Sep 2010
1 of 1 wells

Last completion to plug: a median of 10.5 years across the 1 well that filed both dates, with the middle half between 10.5 years and 10.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-047008751911,605 ftMar 2000Sep 2010Yes

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 (87)

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

87 months

Mar 200011028.422.86$313
Feb 20002268227.622.73$2,467
Jan 2000342525.272.48$1,130
Dec 19993090424.282.42$2,919
Nov 1999251,26823.192.43$3,666
Oct 1999591020.982.80$2,656
Sep 1999261,26221.752.62$3,870
Aug 19992595319.262.88$3,222
Jul 1999281,07317.892.37$3,046
Jun 1999311,08615.942.36$3,059
May 19992594315.792.32$2,583
Apr 1999261,34815.102.21$3,369
Mar 19992134312.471.84$892
Feb 1999218019.981.82$1,666
Jan 1999301,32410.381.90$2,827
Dec 1998319369.201.77$1,945
Nov 1998281,30810.892.19$3,164
Oct 1998281,55212.421.97$3,404
Sep 1998261,37812.592.08$3,197
Aug 1998331,72711.301.91$3,667
Jul 1998201,65411.742.24$3,935
Jun 19981572711.242.24$1,795
May 19981132912.622.21$865
Apr 1998151,01413.042.51$2,736
Mar 199801,68012.802.31$3,880
Feb 199802,28913.952.30$5,263
Jan 199803,25014.702.15$7,003
Dec 199702,04216.322.41$4,923
Nov 199701,90918.193.09$5,895
Oct 199702,17119.253.15$6,838
Sep 199701,89117.742.95$5,588
Aug 199702,16217.862.55$5,523
Jul 199701,75017.582.25$3,932
Jun 199702,26517.242.26$5,113
May 199702,03118.972.31$4,689
Apr 199701,44517.882.08$3,010
Mar 199702,47618.951.94$4,801
Feb 199701,96020.492.21$4,324
Jan 199703,75023.483.54$13,274
Dec 199604,30923.32$0
Nov 199605,03821.97$0
Oct 199605,33823.31$0
Sep 199604,86522.22$0
Aug 199606,04820.26$0
Jul 199607,45019.55$0
Jun 199609,13518.73$0
May 1996011,26619.43$0
Apr 1996010,20021.51$0
Mar 1996011,12319.38$0
Feb 1996010,35316.98$0
Jan 1996013,01817.07$0
Dec 1995012,63917.19$0
Nov 1995012,13416.00$0
Oct 1995012,83915.43$0
Sep 1995012,94316.18$0
Aug 199507,04615.92$0
Jul 1995010,99415.24$0
Jun 1995013,52616.41$0
May 1995012,04117.56$0
Apr 1995015,62917.73$0
Mar 1995013,14916.44$0
Feb 1995013,60716.58$0
Jan 1995017,10415.92$0
Dec 1994016,90815.03$0
Nov 1994116,58315.90$16
Oct 1994217,55315.58$31
Sep 1994217,44715.29$31
Aug 1994320,40816.13$48
Jul 1994518,70217.56$88
Jun 1994016,96117.09$0
May 1994018,28815.88$0
Apr 1994117,82614.14$14
Mar 1994019,40412.46$0
Feb 1994016,51012.50$0
Jan 1994019,44512.66$0
Dec 1993020,20012.33$0
Nov 1993019,25914.49$0
Oct 1993019,96315.85$0
Sep 1993019,83015.03$0
Aug 1993021,71615.66$0
Jul 1993023,00315.46$0
Jun 1993021,59316.79$0
May 1993020,92417.68$0
Apr 1993021,48818.05$0
Mar 1993119,82418.14$18
Feb 1993021,96117.90$0
Jan 1993021,50616.93$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.

Mar 2000 — as filed, then multipliedworked
Condensate            11 bbl  × $ 28.42 =       $313
Gas                    0 Mcf  × $  2.86 =         $0

────────────────────────────────────────────────────
Month total                                     $313

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. 04/G/132054 is the state's own key, not one this site invented.