MCGILL BROS. NCT-1

Operated by CHEVRON U. S. A. INC. (P-5 148113) in the ENCINITAS (VICKSBURG 8000) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 140800District 04Field 29010936CondensateGasSaveExport
Value, all time
$864 k
Jan 1993 – Apr 2009
Value, last 12 filed months
$0
at the published price for each month
Months reported
196
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 6 leases and 10 wells, and the rule below applies to all of them.

Discovered
1959-01-19
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,320 ft
minimum
From a lease line
660 ft
minimum

A drilling unit in this field needs at least 40 acres.

The Commission's schedule remark for this field reads: LEGAL USE LIMIT 2500 MCF.

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
CondensateDisposition1,585 bbl$33,224
GasProduction1,417,387 Mcf$831,207
Total$864,430

1,169,210 Mcf of this lease's gas, across 47 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 26.8527, -98.2983. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.85265, -98.29833 · 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
9,200 ft
1 wells filed one
Completion to plug
10.9 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 9,200 ft.

Completions filed
May 1998
1 of 1 wells
Plug dates filed
Apr 2009
1 of 1 wells

Last completion to plug: a median of 10.9 years across the 1 well that filed both dates, with the middle half between 10.9 years and 10.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-04700869269,200 ftMay 1998Apr 2009Yes

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 (196)

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

196 months

Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040843.245.28$42
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 200411037.486.49$102
Apr 200414634.475.86$304
Mar 200411434.365.53$112
Feb 20044032.455.51$130
Jan 200421932.036.30$184
Dec 200313330.266.30$238
Nov 20030028.804.60$0
Oct 200312528.174.76$147
Sep 2003138326.314.75$1,845
Aug 2003045629.765.13$2,339
Jul 200301,04829.415.17$5,419
Jun 200302,60528.565.98$15,586
May 200303,09726.595.97$18,497
Apr 200312,45626.675.41$13,307
Mar 200354,98631.146.10$30,551
Feb 200342,76733.487.93$22,065
Jan 200303,92430.315.58$21,904
Dec 200286,36826.914.85$31,124
Nov 2002168,12124.664.14$33,991
Oct 20023011,07126.464.23$47,614
Sep 2002527,75727.443.64$29,625
Aug 200206,06425.963.16$19,187
Jul 2002346,58824.583.06$21,007
Jun 2002207,10023.733.34$24,176
May 2002207,64924.663.58$27,907
Apr 200204,02423.653.51$14,134
Mar 2002161,33922.003.10$4,507
Feb 2002311,18118.222.38$3,371
Jan 2002191,25117.172.38$3,298
Dec 2001171,08916.932.36$2,863
Nov 2001112,13618.072.41$5,337
Oct 200123,68919.782.53$9,369
Sep 2001048324.262.25$1,087
Aug 2001061724.873.05$1,884
Jul 2001141,68123.933.20$5,709
Jun 20011860224.563.82$2,744
May 2001301,49125.524.31$7,188
Apr 20015949624.685.34$4,102
Mar 2001281,29824.545.38$7,666
Feb 2001461,40427.755.77$9,373
Jan 2001371,56727.478.40$14,177
Dec 2000171,45026.889.12$13,685
Nov 2000251,68332.215.66$10,328
Oct 2000241,44131.235.15$8,164
Sep 2000361,22131.875.19$7,480
Aug 2000241,75329.644.54$8,671
Jul 2000321,26928.534.09$6,103
Jun 2000311,69729.304.40$8,370
May 2000372,00227.263.68$8,375
Apr 2000261,88224.513.12$6,502
Mar 2000391,83428.422.86$6,353
Feb 2000221,62627.622.73$5,041
Jan 200041,38525.272.48$3,537
Dec 1999302,36224.282.42$6,453
Nov 1999342,09923.192.43$5,897
Oct 1999521,54220.982.80$5,414
Sep 1999542,02921.752.62$6,488
Aug 1999252,05419.262.88$6,388
Jul 1999282,02117.892.37$5,295
Jun 1999312,01615.942.36$5,256
May 1999252,08515.792.32$5,234
Apr 1999262,73015.102.21$6,421
Mar 19992027512.471.84$755
Feb 1999221,3539.981.82$2,679
Jan 1999332,06810.381.90$4,272
Dec 1998391,4799.201.77$2,982
Nov 1998452,49910.892.19$5,952
Oct 1998292,14412.421.97$4,582
Sep 1998322,88912.592.08$6,420
Aug 1998589,85911.301.91$19,460
Jul 1998276,68711.742.24$15,278
Jun 19986114,13611.242.24$32,312
May 1998375,44312.622.21$12,476
Apr 1998301,76813.042.51$4,821
Mar 199802,22412.802.31$5,136
Feb 199802,64013.952.30$6,070
Jan 199803,69914.702.15$7,971
Dec 199702,14616.322.41$5,174
Nov 199707,67118.193.09$23,690
Oct 199708,57119.253.15$26,997
Sep 199701,28617.742.95$3,800
Aug 199701,36417.862.55$3,485
Jul 199701,71917.582.25$3,862
Jun 199703,04517.242.26$6,873
May 199703,04018.972.31$7,018
Apr 199702,15517.882.08$4,488
Mar 199702,53618.951.94$4,918
Feb 199702,52520.492.21$5,570
Jan 199707,83223.483.54$27,723
Dec 199606,45023.32$0
Nov 199605,91621.97$0
Oct 199602,33723.31$0
Sep 199604,92422.22$0
Aug 1996014,67320.26$0
Jul 1996017,68919.55$0
Jun 1996017,93318.73$0
May 1996021,99119.43$0
Apr 1996020,32021.51$0
Mar 1996025,13419.38$0
Feb 1996027,24516.98$0
Jan 1996033,74917.07$0
Dec 1995037,96717.19$0
Nov 1995039,19716.00$0
Oct 1995047,61215.43$0
Sep 1995039,16716.18$0
Aug 1995018,49215.92$0
Jul 1995023,79015.24$0
Jun 1995031,04616.41$0
May 1995028,38417.56$0
Apr 1995018,32917.73$0
Mar 19950016.44$0
Feb 1995012,18516.58$0
Jan 1995021,57715.92$0
Dec 1994022,03215.03$0
Nov 1994025,89815.90$0
Oct 1994028,16915.58$0
Sep 1994026,67815.29$0
Aug 1994029,47516.13$0
Jul 1994026,44817.56$0
Jun 1994021,34017.09$0
May 1994022,96615.88$0
Apr 1994021,99014.14$0
Mar 1994024,16412.46$0
Feb 1994020,69512.50$0
Jan 1994021,62912.66$0
Dec 1993023,74812.33$0
Nov 1993025,36614.49$0
Oct 1993028,15915.85$0
Sep 1993028,55015.03$0
Aug 1993028,35915.66$0
Jul 1993031,31815.46$0
Jun 1993031,64116.79$0
May 1993030,15117.68$0
Apr 1993034,11718.05$0
Mar 1993038,07518.14$0
Feb 1993036,12817.90$0
Jan 1993026,00716.93$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.

Sep 2004 — as filed, then multipliedworked
Condensate             0 bbl  × $ 43.24 =         $0
Gas                    8 Mcf  × $  5.28 =        $42

────────────────────────────────────────────────────
Month total                                      $42

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/140800 is the state's own key, not one this site invented.