MCLEAN HEIRS

Name: MCLEAN HEIRS lease production and value, Mar 1998 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by BP AMERICA PRODUCTION COMPANY (P-5 40798) in the THOMPSONVILLE, NE. (13600) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 168418District 04Field 895468142 tax incentive programmesGasSave Export

Value, all time

$12.8 M

Mar 1998 – Nov 2008

Value, last 12 filed months

$659 k

at the published price for each month

Months reported

129

no gaps in the span

Streams

gas

The THOMPSONVILLE, NE. (13600) field

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 8 leases and 8 wells, and the rule below applies to all of them.

Discovered

1996-12-13

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 04/01/98.”

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.

Programme	Filings	With an approval date	Dated	Docket
High Cost Gas	1	1	2002-08-23	148609
NGPA	1	none	—	—

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.

Stream	Basis	Volume	Value
Gas	Production	3,954,618 Mcf	$12,849,113
Total			$12,849,113

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 27.2059, -98.8914. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.20592, -98.89140 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

0.0%

0 of 1 wells

Median depth

14,200 ft

1 wells filed one

Completion to plug

—

no well filed both dates

What the state filed about each well

On the RRC proration schedule

1100.0%

A plug date is filed

00.0%

BothOn the schedule and plugged. Neither fact cancels the other.

00.0%

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 14,200 ft.

Completions filed

Nov 2008

1 of 1 wells

1 well


42-24732096	5	14,200 ft	Nov 2008	—	Yes

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 (129)

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

129 months


Nov 2008	0	55.49	6.86	$0
Oct 2008	0	75.24	6.92	$0
Sep 2008	0	101.76	7.88	$0
Aug 2008	2,525	114.22	8.48	$21,420
Jul 2008	7,685	131.08	11.39	$87,528
Jun 2008	7,515	131.33	13.03	$97,940
May 2008	8,302	123.17	11.57	$96,090
Apr 2008	8,800	110.31	10.45	$92,003
Mar 2008	9,636	101.90	9.66	$93,123
Feb 2008	4,964	92.53	8.77	$43,537
Jan 2008	8,189	90.38	8.21	$67,197
Dec 2007	8,284	88.33	7.30	$60,490
Nov 2007	7,021	91.67	7.29	$51,195
Oct 2007	6,986	82.85	6.92	$48,357
Sep 2007	6,452	75.84	6.24	$40,287
Aug 2007	5,931	69.06	6.39	$37,887
Jul 2007	6,500	70.90	6.39	$41,522
Jun 2007	6,840	62.00	7.55	$51,631
May 2007	4,609	58.74	7.85	$36,164
Apr 2007	7,772	59.61	7.81	$60,662
Mar 2007	7,870	56.92	7.30	$57,467
Feb 2007	6,448	55.10	8.22	$52,977
Jan 2007	7,004	50.30	6.73	$47,115
Dec 2006	7,782	56.65	6.92	$53,839
Nov 2006	6,333	54.20	7.62	$48,242
Oct 2006	7,907	54.90	6.01	$47,551
Sep 2006	6,734	60.08	5.04	$33,921
Aug 2006	7,024	68.71	7.34	$51,556
Jul 2006	6,055	69.37	6.34	$38,405
Jun 2006	5,822	66.28	6.38	$37,167
May 2006	4,075	66.01	6.42	$26,182
Apr 2006	5,923	64.39	7.36	$43,596
Mar 2006	7,147	56.70	7.08	$50,622
Feb 2006	5,810	57.59	7.75	$45,034
Jan 2006	7,696	60.59	8.93	$68,751
Dec 2005	8,603	54.94	13.42	$115,413
Nov 2005	6,495	54.69	10.59	$68,772
Oct 2005	8,998	58.34	13.80	$124,134
Sep 2005	4,885	61.45	12.08	$59,006
Aug 2005	8,595	61.51	9.80	$84,204
Jul 2005	6,217	55.69	7.84	$48,764
Jun 2005	7,190	52.33	7.38	$53,070
May 2005	7,647	45.22	6.65	$50,861
Apr 2005	8,027	49.20	7.36	$59,083
Mar 2005	9,575	50.37	7.15	$68,508
Feb 2005	9,197	45.22	6.31	$58,051
Jan 2005	9,836	43.16	6.32	$62,185
Dec 2004	9,913	39.86	6.75	$66,923
Nov 2004	9,238	45.28	6.33	$58,480
Oct 2004	11,244	49.70	6.52	$73,256
Sep 2004	9,671	43.24	5.28	$51,101
Aug 2004	10,590	42.37	5.55	$58,781
Jul 2004	12,133	38.28	6.08	$73,819
Jun 2004	11,747	36.10	6.43	$75,569
May 2004	14,027	37.48	6.49	$91,099
Apr 2004	8,364	34.47	5.86	$49,000
Mar 2004	1,468	34.36	5.53	$8,118
Feb 2004	8,998	32.45	5.51	$49,576
Jan 2004	11,953	32.03	6.30	$75,300
Dec 2003	3,470	30.26	6.30	$21,867
Nov 2003	9,858	28.80	4.60	$45,299
Oct 2003	10,522	28.17	4.76	$50,081
Sep 2003	8,404	26.31	4.75	$39,914
Aug 2003	9,313	29.76	5.13	$47,773
Jul 2003	12,348	29.41	5.17	$63,850
Jun 2003	5,279	28.56	5.98	$31,584
May 2003	8,740	26.59	5.97	$52,201
Apr 2003	9,380	26.67	5.41	$50,720
Mar 2003	9,385	31.14	6.10	$57,211
Feb 2003	8,877	33.48	7.93	$70,358
Jan 2003	12,636	30.31	5.58	$70,535
Dec 2002	5,522	26.91	4.85	$26,802
Nov 2002	11,137	24.66	4.14	$46,073
Oct 2002	10,162	26.46	4.23	$42,976
Sep 2002	10,300	27.44	3.64	$37,443
Aug 2002	9,908	25.96	3.16	$31,351
Jul 2002	12,892	24.58	3.06	$39,472
Jun 2002	21,123	23.73	3.34	$70,514
May 2002	192	24.66	3.58	$688
Apr 2002	6,904	23.65	3.51	$24,249
Mar 2002	10,855	22.00	3.10	$33,680
Feb 2002	12,851	18.22	2.38	$30,530
Jan 2002	16,460	17.17	2.38	$39,104
Dec 2001	19,840	16.93	2.36	$46,910
Nov 2001	13,838	18.07	2.41	$33,288
Oct 2001	24,985	19.78	2.53	$63,184
Sep 2001	16,552	24.26	2.25	$37,264
Aug 2001	15,483	24.87	3.05	$47,272
Jul 2001	15,125	23.93	3.20	$48,356
Jun 2001	19,983	24.56	3.82	$76,418
May 2001	16,635	25.52	4.31	$71,652
Apr 2001	23,137	24.68	5.34	$123,443
Mar 2001	22,427	24.54	5.38	$120,577
Feb 2001	23,212	27.75	5.77	$133,865
Jan 2001	25,632	27.47	8.40	$215,277
Dec 2000	25,436	26.88	9.12	$232,040
Nov 2000	25,556	32.21	5.66	$144,596
Oct 2000	28,737	31.23	5.15	$147,866
Sep 2000	27,544	31.87	5.19	$142,857
Aug 2000	31,844	29.64	4.54	$144,596
Jul 2000	32,100	28.53	4.09	$131,281
Jun 2000	29,853	29.30	4.40	$131,271
May 2000	35,968	27.26	3.68	$132,353
Apr 2000	35,984	24.51	3.12	$112,126
Mar 2000	39,591	28.42	2.86	$113,220
Feb 2000	41,529	27.62	2.73	$113,229
Jan 2000	49,421	25.27	2.48	$122,589
Dec 1999	47,634	24.28	2.42	$115,451
Nov 1999	61,626	23.19	2.43	$149,997
Oct 1999	76,497	20.98	2.80	$214,475
Sep 1999	97,716	21.75	2.62	$255,904
Aug 1999	46,919	19.26	2.88	$134,920
Jul 1999	53,652	17.89	2.37	$127,282
Jun 1999	59,271	15.94	2.36	$140,004
May 1999	83,375	15.79	2.32	$193,515
Apr 1999	93,160	15.10	2.21	$205,702
Mar 1999	106,124	12.47	1.84	$195,091
Feb 1999	108,349	9.98	1.82	$196,956
Jan 1999	130,693	10.38	1.90	$248,310
Dec 1998	132,995	9.20	1.77	$235,843
Nov 1998	138,454	10.89	2.19	$302,622
Oct 1998	143,389	12.42	1.97	$282,363
Sep 1998	154,935	12.59	2.08	$322,671
Aug 1998	160,184	11.30	1.91	$305,527
Jul 1998	190,648	11.74	2.24	$426,531
Jun 1998	200,857	11.24	2.24	$449,371
May 1998	247,545	12.62	2.21	$546,168
Apr 1998	300,613	13.04	2.51	$753,135
Mar 1998	10,800	12.80	2.31	$24,942

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.

Aug 2008 — as filed, then multipliedworked

Gas                2,525 Mcf  × $  8.48 =    $21,420

────────────────────────────────────────────────────
Month total                                  $21,420

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/168418 is the state's own key, not one this site invented.