MCCANN, G. H.

Operated by CONTINENTAL TREND RESOURCES, INC (P-5 173783) in the LUBY ( 5550) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 144295District 04Field 55389468CondensateGasSaveExport
Value, all time
$496 k
Jan 1993 – Mar 2006
Value, last 12 filed months
$148
at the published price for each month
Months reported
159
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 15 leases and 15 wells, and the rule below applies to all of them.

Discovered
1959-12-09
as the register files it
Field class
Gas
the register's own label
Between wells
2,640 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 640 acres.

The Commission's schedule remark for this field reads: ALLOCATION FORMULA EFFECTIVE 06/01/93.

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
CondensateDisposition298 bbl$4,964
GasProduction587,809 Mcf$490,734
Total$495,698

386,310 Mcf of this lease's gas, across 45 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 27.5867, -97.6000. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.58666, -97.60002 · 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
6,450 ft
1 wells filed one
Completion to plug
13.2 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 6,450 ft.

Completions filed
Jan 1993
1 of 1 wells
Plug dates filed
Mar 2006
1 of 1 wells

Last completion to plug: a median of 13.2 years across the 1 well that filed both dates, with the middle half between 13.2 years and 13.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-3550393696,450 ftJan 1993Mar 2006Yes

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 (159)

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

159 months

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 20053049.207.36$148
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 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 200114024.563.82$344
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 200107624.545.38$409
Feb 2001041427.755.77$2,388
Jan 2001018827.478.40$1,579
Dec 20000026.889.12$0
Nov 2000014332.215.66$809
Oct 2000043531.235.15$2,238
Sep 2000032831.875.19$1,701
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 20000029.304.40$0
May 200009627.263.68$353
Apr 20000024.513.12$0
Mar 2000086828.422.86$2,482
Feb 2000071227.622.73$1,941
Jan 2000050825.272.48$1,260
Dec 199901,70024.282.42$4,120
Nov 199906,62223.192.43$16,118
Oct 199905,22520.982.80$14,649
Sep 199907,82921.752.62$20,503
Aug 199907,56119.262.88$21,742
Jul 1999010,61117.892.37$25,173
Jun 1999011,47815.942.36$27,112
May 199901,79615.792.32$4,169
Apr 199902,18615.102.21$4,827
Mar 199901,64612.471.84$3,026
Feb 199901,5489.981.82$2,814
Jan 1999086310.381.90$1,640
Dec 199801,6729.201.77$2,965
Nov 199805,72310.892.19$12,509
Oct 199805,38112.421.97$10,596
Sep 199806,29512.592.08$13,110
Aug 199804,41911.301.91$8,429
Jul 199806,48911.742.24$14,518
Jun 199805,98311.242.24$13,386
May 199806,45712.622.21$14,246
Apr 199807,09213.042.51$17,768
Mar 199807,23312.802.31$16,704
Feb 199809,24013.952.30$21,244
Jan 1998011,16014.702.15$24,047
Dec 1997087516.322.41$2,110
Nov 199705,60018.193.09$17,294
Oct 1997011,16019.253.15$35,152
Sep 199707,88217.742.95$23,290
Aug 199702,78517.862.55$7,115
Jul 1997011,78017.582.25$26,469
Jun 1997011,04017.242.26$24,919
May 199709,86018.972.31$22,762
Apr 19970017.882.08$0
Mar 1997054018.951.94$1,047
Feb 19970020.492.21$0
Jan 19970023.483.54$0
Dec 199605,76023.32$0
Nov 199601,70021.97$0
Oct 199607,80023.31$0
Sep 19960022.22$0
Aug 19960020.26$0
Jul 19960019.55$0
Jun 199605,62918.73$0
May 1996010,52319.43$0
Apr 199609,26321.51$0
Mar 1996010,65719.38$0
Feb 1996051616.98$0
Jan 1996044717.07$0
Dec 1995012,40717.19$0
Nov 1995011,47416.00$0
Oct 1995010,77815.43$0
Sep 199509,03316.18$0
Aug 199518,32115.92$16
Jul 199509,26415.24$0
Jun 199518,90716.41$16
May 199529,84717.56$35
Apr 199566,03217.73$106
Mar 1995248,39616.44$395
Feb 1995166,02416.58$265
Jan 1995207,04715.92$318
Dec 1994248,92415.03$361
Nov 1994208,22215.90$318
Oct 1994139,77715.58$203
Sep 1994218,91615.29$321
Aug 1994178,41416.13$274
Jul 19942010,46917.56$351
Jun 19941210,24217.09$205
May 19941410,22415.88$222
Apr 19941411,10514.14$198
Mar 19941911,26712.46$237
Feb 199466,15112.50$75
Jan 199402,71712.66$0
Dec 199309,41912.33$0
Nov 1993011,15614.49$0
Oct 1993012,85415.85$0
Sep 1993012,60715.03$0
Aug 1993010,06315.66$0
Jul 1993010,11215.46$0
Jun 1993010,08716.79$0
May 199309,03617.68$0
Apr 199308,41718.05$0
Mar 1993310,44818.14$54
Feb 1993288,41817.90$501
Jan 199307,44016.93$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.

Apr 2005 — as filed, then multipliedworked
Condensate             3 bbl  × $ 49.20 =       $148
Gas                    0 Mcf  × $  7.36 =         $0

────────────────────────────────────────────────────
Month total                                     $148

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/144295 is the state's own key, not one this site invented.