MCGILL BROS.

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

Operated by EXXON MOBIL CORPORATION (P-5 257128) in the KELSEY (VXKBG. CONSOL.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 171323District 04Field 486308002 tax incentive programmesGasSave Export

Value, all time

$2.8 M

Dec 1998 – Aug 2010

Value, last 12 filed months

at the published price for each month

Months reported

141

no gaps in the span

Streams

gas

The KELSEY (VXKBG. CONSOL.) 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 88 leases and 91 wells, and the rule below applies to all of them.

Discovered

1999-11-02

as the register files it

Field class

Oil and gas

the register's own label

Between wells

1,200 ft

minimum

From a lease line

467 ft

minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 1999-11-03.

The Commission's schedule remark for this field reads: “CONSIST OF 95% DEL. AND 5% PER WELL.”

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	2001-01-31	143124
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	889,904 Mcf	$2,772,729
Total			$2,772,729

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 26.7553, -98.3629. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.75534, -98.36288 · 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

100.0%

1 of 1 wells

Median depth

8,900 ft

1 wells filed one

Completion to plug

10.1 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 8,900 ft.

Completions filed

Jul 2000

1 of 1 wells

Plug dates filed

Aug 2010

1 of 1 wells

Last completion to plug: a median of 10.1 years across the 1 well that filed both dates, with the middle half between 10.1 years and 10.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-42733104	552	8,900 ft	Jul 2000	Aug 2010	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 (141)

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

141 months


Aug 2010	0	73.68	4.42	$0
Jul 2010	0	72.55	4.74	$0
Jun 2010	0	70.36	4.91	$0
May 2010	0	71.12	4.24	$0
Apr 2010	0	81.69	4.12	$0
Mar 2010	0	78.39	4.39	$0
Feb 2010	0	73.58	5.44	$0
Jan 2010	0	74.36	5.96	$0
Dec 2009	0	71.44	5.48	$0
Nov 2009	0	74.59	3.75	$0
Oct 2009	0	72.54	4.11	$0
Sep 2009	0	65.54	3.06	$0
Aug 2009	0	67.42	3.22	$0
Jul 2009	0	61.13	3.46	$0
Jun 2009	0	66.16	3.90	$0
May 2009	0	54.74	3.93	$0
Apr 2009	0	46.77	3.59	$0
Mar 2009	0	42.14	4.06	$0
Feb 2009	0	32.81	4.63	$0
Jan 2009	0	35.86	5.37	$0
Dec 2008	0	37.10	5.98	$0
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	0	114.22	8.48	$0
Jul 2008	0	131.08	11.39	$0
Jun 2008	0	131.33	13.03	$0
May 2008	0	123.17	11.57	$0
Apr 2008	0	110.31	10.45	$0
Mar 2008	0	101.90	9.66	$0
Feb 2008	0	92.53	8.77	$0
Jan 2008	0	90.38	8.21	$0
Dec 2007	0	88.33	7.30	$0
Nov 2007	0	91.67	7.29	$0
Oct 2007	0	82.85	6.92	$0
Sep 2007	0	75.84	6.24	$0
Aug 2007	0	69.06	6.39	$0
Jul 2007	0	70.90	6.39	$0
Jun 2007	0	62.00	7.55	$0
May 2007	0	58.74	7.85	$0
Apr 2007	0	59.61	7.81	$0
Mar 2007	0	56.92	7.30	$0
Feb 2007	0	55.10	8.22	$0
Jan 2007	0	50.30	6.73	$0
Dec 2006	0	56.65	6.92	$0
Nov 2006	0	54.20	7.62	$0
Oct 2006	0	54.90	6.01	$0
Sep 2006	0	60.08	5.04	$0
Aug 2006	0	68.71	7.34	$0
Jul 2006	0	69.37	6.34	$0
Jun 2006	0	66.28	6.38	$0
May 2006	0	66.01	6.42	$0
Apr 2006	0	64.39	7.36	$0
Mar 2006	0	56.70	7.08	$0
Feb 2006	0	57.59	7.75	$0
Jan 2006	0	60.59	8.93	$0
Dec 2005	345	54.94	13.42	$4,628
Nov 2005	0	54.69	10.59	$0
Oct 2005	0	58.34	13.80	$0
Sep 2005	105	61.45	12.08	$1,268
Aug 2005	54	61.51	9.80	$529
Jul 2005	24	55.69	7.84	$188
Jun 2005	5,612	52.33	7.38	$41,422
May 2005	950	45.22	6.65	$6,319
Apr 2005	1,877	49.20	7.36	$13,816
Mar 2005	647	50.37	7.15	$4,629
Feb 2005	143	45.22	6.31	$903
Jan 2005	168	43.16	6.32	$1,062
Dec 2004	4,282	39.86	6.75	$28,908
Nov 2004	175	45.28	6.33	$1,108
Oct 2004	3,160	49.70	6.52	$20,588
Sep 2004	1,517	43.24	5.28	$8,016
Aug 2004	1,013	42.37	5.55	$5,623
Jul 2004	2,394	38.28	6.08	$14,566
Jun 2004	2,310	36.10	6.43	$14,860
May 2004	0	37.48	6.49	$0
Apr 2004	11,185	34.47	5.86	$65,527
Mar 2004	13,434	34.36	5.53	$74,292
Feb 2004	11,798	32.45	5.51	$65,003
Jan 2004	5,897	32.03	6.30	$37,149
Dec 2003	1,634	30.26	6.30	$10,297
Nov 2003	0	28.80	4.60	$0
Oct 2003	0	28.17	4.76	$0
Sep 2003	4,072	26.31	4.75	$19,339
Aug 2003	6,075	29.76	5.13	$31,163
Jul 2003	0	29.41	5.17	$0
Jun 2003	3,277	28.56	5.98	$19,606
May 2003	0	26.59	5.97	$0
Apr 2003	0	26.67	5.41	$0
Mar 2003	6,400	31.14	6.10	$39,015
Feb 2003	8,863	33.48	7.93	$70,247
Jan 2003	5,338	30.31	5.58	$29,797
Dec 2002	0	26.91	4.85	$0
Nov 2002	0	24.66	4.14	$0
Oct 2002	0	26.46	4.23	$0
Sep 2002	6,800	27.44	3.64	$24,719
Aug 2002	0	25.96	3.16	$0
Jul 2002	7,636	24.58	3.06	$23,380
Jun 2002	7,992	23.73	3.34	$26,679
May 2002	3,890	24.66	3.58	$13,942
Apr 2002	1,922	23.65	3.51	$6,751
Mar 2002	3,653	22.00	3.10	$11,334
Feb 2002	0	18.22	2.38	$0
Jan 2002	0	17.17	2.38	$0
Dec 2001	2,704	16.93	2.36	$6,393
Nov 2001	4,719	18.07	2.41	$11,352
Oct 2001	5,525	19.78	2.53	$13,972
Sep 2001	1,477	24.26	2.25	$3,325
Aug 2001	5,363	24.87	3.05	$16,374
Jul 2001	5,311	23.93	3.20	$16,980
Jun 2001	7,586	24.56	3.82	$29,010
May 2001	10,596	25.52	4.31	$45,640
Apr 2001	8,328	24.68	5.34	$44,433
Mar 2001	8,093	24.54	5.38	$43,512
Feb 2001	5,156	27.75	5.77	$29,735
Jan 2001	6,425	27.47	8.40	$53,962
Dec 2000	6,563	26.88	9.12	$59,871
Nov 2000	4,365	32.21	5.66	$24,697
Oct 2000	7,833	31.23	5.15	$40,305
Sep 2000	7,365	31.87	5.19	$38,199
Aug 2000	8,303	29.64	4.54	$37,702
Jul 2000	9,540	28.53	4.09	$39,016
Jun 2000	8,971	29.30	4.40	$39,448
May 2000	11,250	27.26	3.68	$41,397
Apr 2000	11,214	24.51	3.12	$34,943
Mar 2000	13,686	28.42	2.86	$39,139
Feb 2000	19,569	27.62	2.73	$53,355
Jan 2000	25,128	25.27	2.48	$62,330
Dec 1999	19,362	24.28	2.42	$46,928
Nov 1999	35,531	23.19	2.43	$86,482
Oct 1999	35,647	20.98	2.80	$99,944
Sep 1999	31,859	21.75	2.62	$83,434
Aug 1999	34,553	19.26	2.88	$99,361
Jul 1999	25,067	17.89	2.37	$59,468
Jun 1999	35,991	15.94	2.36	$85,014
May 1999	43,538	15.79	2.32	$101,053
Apr 1999	46,733	15.10	2.21	$103,189
Mar 1999	72,803	12.47	1.84	$133,836
Feb 1999	56,597	9.98	1.82	$102,881
Jan 1999	77,874	10.38	1.90	$147,957
Dec 1998	34,637	9.20	1.77	$61,422

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.

Dec 2005 — as filed, then multipliedworked

Gas                  345 Mcf  × $ 13.42 =     $4,628

────────────────────────────────────────────────────
Month total                                   $4,628

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/171323 is the state's own key, not one this site invented.