ARGO OIL CORP.

Operated by ROGER W. MCCABE, INC. (P-5 724671) in the SEVEN SISTERS (1200) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 14179District 04Field 82380385GasSaveExport
Value, all time
$641 k
Jan 1993 – Jun 2017
Value, last 12 filed months
$0
at the published price for each month
Months reported
294
no gaps in the span
Streams
1
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 7 leases and 7 wells, and the rule below applies to all of them.

Discovered
1939-10-20
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: FIELD CHANGED TO EXEMPT EFF 2-1-95

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
GasProduction193,320 Mcf$641,103
Total$641,103

59,256 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 28.0505, -98.5432. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.05045, -98.54322 · 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
2,748 ft
1 wells filed one
Completion to plug
64.6 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 2,748 ft.

Completions filed
Nov 1952
1 of 1 wells
Plug dates filed
Jun 2017
1 of 1 wells

Last completion to plug: a median of 64.6 years across the 1 well that filed both dates, with the middle half between 64.6 years and 64.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-1310038012,748 ftNov 1952Jun 2017Yes

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 (294)

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

294 months

Jun 2017042.493.09$0
May 2017045.373.26$0
Apr 2017047.933.21$0
Mar 2017046.772.98$0
Feb 2017050.452.95$0
Jan 2017049.413.42$0
Dec 2016048.763.72$0
Nov 2016042.492.64$0
Oct 2016046.193.09$0
Sep 2016041.553.10$0
Aug 2016041.442.92$0
Jul 2016041.622.92$0
Jun 2016045.352.69$0
May 2016042.521.99$0
Apr 2016036.561.99$0
Mar 2016033.011.79$0
Feb 20163826.472.06$78
Jan 20164627.352.36$109
Dec 2015032.362.00$0
Nov 2015038.792.17$0
Oct 201535643.552.43$864
Sep 201531542.992.76$869
Aug 2015540.162.87$14
Jul 201516548.152.95$486
Jun 201535356.152.88$1,018
May 201511355.212.96$334
Apr 2015049.822.71$0
Mar 2015242.892.93$6
Feb 201517744.662.98$527
Jan 201519143.433.10$592
Dec 201421854.693.59$783
Nov 201417570.464.25$744
Oct 201427078.303.90$1,053
Sep 201411686.164.05$469
Aug 201451089.394.04$2,058
Jul 201443096.564.18$1,797
Jun 201440698.164.74$1,923
May 201418594.734.73$874
Apr 201420795.944.81$995
Mar 201435995.895.06$1,815
Feb 201423997.406.19$1,480
Jan 201425190.404.86$1,220
Dec 201310591.824.35$457
Nov 201318388.853.74$684
Oct 201327897.423.78$1,051
Sep 2013330104.113.72$1,227
Aug 2013368104.253.52$1,296
Jul 2013133102.523.72$494
Jun 20137994.403.93$311
May 201316894.834.15$697
Apr 201320493.964.28$874
Mar 201324293.623.91$947
Feb 201317191.233.42$585
Jan 201325591.603.42$872
Dec 201223086.773.42$787
Nov 201210886.953.62$392
Oct 2012089.383.40$0
Sep 201217594.672.92$511
Aug 201230692.662.91$890
Jul 201212985.133.02$390
Jun 201228179.822.52$708
May 201211591.612.49$286
Apr 20120101.652.00$0
Mar 201226105.052.22$58
Feb 2012145101.102.57$373
Jan 201241498.092.73$1,132
Dec 201144196.873.24$1,429
Nov 201142295.723.31$1,397
Oct 201141484.983.65$1,511
Sep 201150583.623.99$2,013
Aug 201163083.404.15$2,614
Jul 201165094.144.52$2,936
Jun 201171092.904.64$3,294
May 201144598.134.40$1,960
Apr 2011268105.964.33$1,161
Mar 201124496.364.06$990
Feb 201113485.644.18$560
Jan 20119286.504.59$422
Dec 201026585.734.35$1,152
Nov 201031180.843.80$1,180
Oct 201029378.103.51$1,028
Sep 201024372.633.98$967
Aug 201028573.684.42$1,260
Jul 201029672.554.74$1,402
Jun 201023670.364.91$1,159
May 201031171.124.24$1,317
Apr 201019781.694.12$812
Mar 201019478.394.39$851
Feb 201014373.585.44$778
Jan 201018874.365.96$1,121
Dec 200924871.445.48$1,360
Nov 200940174.593.75$1,504
Oct 200922672.544.11$929
Sep 200949565.543.06$1,517
Aug 200948367.423.22$1,555
Jul 200945161.133.46$1,562
Jun 200955666.163.90$2,166
May 200948554.743.93$1,904
Apr 200936146.773.59$1,295
Mar 200965042.144.06$2,638
Feb 200942932.814.63$1,988
Jan 200944635.865.37$2,395
Dec 200857837.105.98$3,455
Nov 200866655.496.86$4,569
Oct 200860975.246.92$4,215
Sep 2008629101.767.88$4,955
Aug 2008684114.228.48$5,802
Jul 2008549131.0811.39$6,253
Jun 2008690131.3313.03$8,993
May 2008547123.1711.57$6,331
Apr 2008426110.3110.45$4,454
Mar 2008245101.909.66$2,368
Feb 200868692.538.77$6,017
Jan 200861890.388.21$5,071
Dec 200768988.337.30$5,031
Nov 200715091.677.29$1,094
Oct 200766882.856.92$4,624
Sep 200783575.846.24$5,214
Aug 200784269.066.39$5,379
Jul 200780970.906.39$5,168
Jun 200785362.007.55$6,439
May 200784358.747.85$6,614
Apr 200785059.617.81$6,634
Mar 200787256.927.30$6,367
Feb 200776455.108.22$6,277
Jan 200792850.306.73$6,243
Dec 200681456.656.92$5,632
Nov 200653654.207.62$4,083
Oct 200684754.906.01$5,094
Sep 200693460.085.04$4,705
Aug 200695168.717.34$6,980
Jul 200697469.376.34$6,178
Jun 200695966.286.38$6,122
May 200691466.016.42$5,872
Apr 200669864.397.36$5,138
Mar 200673556.707.08$5,206
Feb 200672057.597.75$5,581
Jan 200698260.598.93$8,773
Dec 200585654.9413.42$11,484
Nov 200588554.6910.59$9,371
Oct 200595758.3413.80$13,203
Sep 200590861.4512.08$10,968
Aug 200581561.519.80$7,984
Jul 200581855.697.84$6,416
Jun 200584052.337.38$6,200
May 200597845.226.65$6,505
Apr 200559249.207.36$4,357
Mar 200562850.377.15$4,493
Feb 200552045.226.31$3,282
Jan 200576443.166.32$4,830
Dec 200451139.866.75$3,450
Nov 200450545.286.33$3,197
Oct 200454249.706.52$3,531
Sep 200461743.245.28$3,260
Aug 200452342.375.55$2,903
Jul 200448038.286.08$2,920
Jun 200455436.106.43$3,564
May 200459737.486.49$3,877
Apr 200461834.475.86$3,621
Mar 200441034.365.53$2,267
Feb 200454832.455.51$3,019
Jan 200472232.036.30$4,548
Dec 200348130.266.30$3,031
Nov 200336028.804.60$1,654
Oct 200349328.174.76$2,347
Sep 200358426.314.75$2,774
Aug 200346529.765.13$2,385
Jul 200349229.415.17$2,544
Jun 200378728.565.98$4,709
May 200397226.595.97$5,805
Apr 20031,08326.675.41$5,856
Mar 200340431.146.10$2,463
Feb 200333733.487.93$2,671
Jan 200342930.315.58$2,395
Dec 200245526.914.85$2,208
Nov 200236024.664.14$1,489
Oct 200234426.464.23$1,455
Sep 200229627.443.64$1,076
Aug 200237025.963.16$1,171
Jul 200232124.583.06$983
Jun 200240623.733.34$1,355
May 200238824.663.58$1,391
Apr 200236523.653.51$1,282
Mar 200237122.003.10$1,151
Feb 200233518.222.38$796
Jan 200234217.172.38$812
Dec 200161516.932.36$1,454
Nov 200144618.072.41$1,073
Oct 200174019.782.53$1,871
Sep 200190124.262.25$2,028
Aug 200181224.873.05$2,479
Jul 200180823.933.20$2,583
Jun 200175324.563.82$2,880
May 200172025.524.31$3,101
Apr 200189524.685.34$4,775
Mar 200174524.545.38$4,005
Feb 200183827.755.77$4,833
Jan 200178227.478.40$6,568
Dec 200074426.889.12$6,787
Nov 200066432.215.66$3,757
Oct 200074631.235.15$3,839
Sep 200078931.875.19$4,092
Aug 200081129.644.54$3,683
Jul 200078128.534.09$3,194
Jun 200072129.304.40$3,170
May 20001,18527.263.68$4,361
Apr 200083124.513.12$2,589
Mar 200077928.422.86$2,228
Feb 200075827.622.73$2,067
Jan 200089725.272.48$2,225
Dec 199984024.282.42$2,036
Nov 199985123.192.43$2,071
Oct 199999620.982.80$2,793
Sep 199990321.752.62$2,365
Aug 199992719.262.88$2,666
Jul 19991,05217.892.37$2,496
Jun 19991,02415.942.36$2,419
May 199987415.792.32$2,029
Apr 199982515.102.21$1,822
Mar 19991,00312.471.84$1,844
Feb 19997989.981.82$1,451
Jan 199997610.381.90$1,854
Dec 19989269.201.77$1,642
Nov 19981,05910.892.19$2,315
Oct 19981,15612.421.97$2,276
Sep 199872112.592.08$1,502
Aug 19981,04511.301.91$1,993
Jul 199893511.742.24$2,092
Jun 199896211.242.24$2,152
May 19981,03112.622.21$2,275
Apr 19981,03213.042.51$2,586
Mar 19981,00812.802.31$2,328
Feb 19981,09013.952.30$2,506
Jan 199889714.702.15$1,933
Dec 19971,07016.322.41$2,580
Nov 19971,22018.193.09$3,768
Oct 19971,22119.253.15$3,846
Sep 19971,20317.742.95$3,555
Aug 19971,22217.862.55$3,122
Jul 19971,40817.582.25$3,164
Jun 19971,22217.242.26$2,758
May 19971,25918.972.31$2,906
Apr 19971,46517.882.08$3,051
Mar 19971,81518.951.94$3,520
Feb 19971,65020.492.21$3,640
Jan 19971,37523.483.54$4,867
Dec 19961,48623.32$0
Nov 19961,68221.97$0
Oct 19961,51423.31$0
Sep 19961,30122.22$0
Aug 19961,23420.26$0
Jul 19961,49619.55$0
Jun 19961,37518.73$0
May 19961,40519.43$0
Apr 19962,15221.51$0
Mar 19961,21619.38$0
Feb 19961,18916.98$0
Jan 19961,50217.07$0
Dec 19951,61217.19$0
Nov 19951,46616.00$0
Oct 19951,30915.43$0
Sep 19951,31716.18$0
Aug 19951,25215.92$0
Jul 19952,23315.24$0
Jun 199556516.41$0
May 199563017.56$0
Apr 199568317.73$0
Mar 199574316.44$0
Feb 199562916.58$0
Jan 199570215.92$0
Dec 199478015.03$0
Nov 199477415.90$0
Oct 199461315.58$0
Sep 199474615.29$0
Aug 199482916.13$0
Jul 199490817.56$0
Jun 19941,89717.09$0
May 19941,58315.88$0
Apr 19941,24814.14$0
Mar 19941,27812.46$0
Feb 19941,02512.50$0
Jan 199499712.66$0
Dec 19931,03112.33$0
Nov 19931,18214.49$0
Oct 19931,29215.85$0
Sep 19931,02115.03$0
Aug 199362715.66$0
Jul 199351915.46$0
Jun 19931,41616.79$0
May 19931,82817.68$0
Apr 19931,68018.05$0
Mar 19932,20118.14$0
Feb 19931,40017.90$0
Jan 19931,68816.93$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.

Feb 2016 — as filed, then multipliedworked
Gas                   38 Mcf  × $  2.06 =        $78

────────────────────────────────────────────────────
Month total                                      $78

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/14179 is the state's own key, not one this site invented.