MACMAHON, P. A.

Operated by CHEVRON U. S. A. INC. (P-5 148113) in the ACEVEDO (LOBO 6) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 165856District 04Field 004385002 tax incentive programmesCondensateGasSaveExport
Value, all time
$556 k
Jul 1997 – Dec 2002
Value, last 12 filed months
$15 k
at the published price for each month
Months reported
66
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 13 leases and 13 wells, and the rule below applies to all of them.

Discovered
1985-02-14
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: ALLOCATION FORMULA SUSPENDED ADMINISTRATIVELY EFFECTIVE 11/1/93.

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas112001-08-22144674
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
CondensateDisposition148 bbl$1,871
GasProduction210,301 Mcf$554,015
Total$555,886

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 27.3911, -99.4894. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.39111, -99.48936 · 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
6,747 ft
1 wells filed one
Completion to plug
10.3 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 6,747 ft.

Completions filed
Dec 2002
1 of 1 wells
Plug dates filed
Mar 2013
1 of 1 wells

Last completion to plug: a median of 10.3 years across the 1 well that filed both dates, with the middle half between 10.3 years and 10.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-47936666106,747 ftDec 2002Mar 2013Yes

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 (66)

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

66 months

Dec 20020026.914.85$0
Nov 200201,54524.664.14$6,392
Oct 2002065826.464.23$2,783
Sep 2002018127.443.64$658
Aug 200207725.963.16$244
Jul 2002011424.583.06$349
Jun 200209323.733.34$310
May 2002015524.663.58$556
Apr 2002035823.653.51$1,257
Mar 2002026522.003.10$822
Feb 2002029018.222.38$689
Jan 2002046317.172.38$1,100
Dec 2001051616.932.36$1,220
Nov 2001021318.072.41$512
Oct 2001031919.782.53$807
Sep 2001040324.262.25$907
Aug 2001043324.873.05$1,322
Jul 2001049923.933.20$1,595
Jun 2001047024.563.82$1,797
May 2001048425.524.31$2,085
Apr 2001051124.685.34$2,726
Mar 2001052124.545.38$2,801
Feb 2001049927.755.77$2,878
Jan 2001054227.478.40$4,552
Dec 2000066926.889.12$6,103
Nov 2000064532.215.66$3,649
Oct 2000067931.235.15$3,494
Sep 2000065631.875.19$3,402
Aug 2000174129.644.54$3,394
Jul 2000077528.534.09$3,170
Jun 2000069529.304.40$3,056
May 2000176227.263.68$2,831
Apr 2000075624.513.12$2,356
Mar 2000283728.422.86$2,450
Feb 2000083927.622.73$2,288
Jan 2000083725.272.48$2,076
Dec 1999088224.282.42$2,138
Nov 1999490423.192.43$2,293
Oct 1999093920.982.80$2,633
Sep 199901,00321.752.62$2,627
Aug 199901,00919.262.88$2,901
Jul 1999111,10617.892.37$2,821
Jun 199901,01015.942.36$2,386
May 1999211,15615.792.32$3,015
Apr 1999089415.102.21$1,974
Mar 199901,12212.471.84$2,063
Feb 1999541,0439.981.82$2,435
Jan 1999361,22210.381.90$2,695
Dec 199801,1739.201.77$2,080
Nov 1998098510.892.19$2,153
Oct 1998181,29612.421.97$2,776
Sep 199801,20212.592.08$2,503
Aug 199803,47611.301.91$6,630
Jul 199809,38211.742.24$20,990
Jun 1998010,79711.242.24$24,156
May 1998011,67212.622.21$25,752
Apr 1998013,43913.042.51$33,669
Mar 1998016,17412.802.31$37,353
Feb 1998016,16113.952.30$37,156
Jan 1998019,47414.702.15$41,962
Dec 1997019,41916.322.41$46,821
Nov 1997022,81318.193.09$70,452
Oct 1997019,97419.253.15$62,915
Sep 199705,28917.742.95$15,628
Aug 199703,35017.862.55$8,558
Jul 199703,43517.582.25$7,718

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.

Nov 2002 — as filed, then multipliedworked
Condensate             0 bbl  × $ 24.66 =         $0
Gas                1,545 Mcf  × $  4.14 =     $6,392

────────────────────────────────────────────────────
Month total                                   $6,392

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/165856 is the state's own key, not one this site invented.