MCGILL BROS. NCT-1

Operated by LOUDON OPERATING COMPANY, L.L.C. (P-5 509363) in the ENCINITAS (V-19) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 193068District 04Field 290108322 tax incentive programmesCondensateGasSaveExport
Value, all time
$6.3 M
Jan 2003 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
281
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 19 leases and 19 wells, and the rule below applies to all of them.

Discovered
1964-02-18
as the register files it
Field class
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 1979-06-25.

The Commission's schedule remark for this field reads: AOF-1 AND AOF-2 EFFECTIVE 03/01/2000.

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 Gas112004-05-19156938
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
CondensateDisposition12,113 bbl$587,843
GasProduction945,638 Mcf$5,680,611
Total$6,268,453

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 26.8531, -98.2898. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.85310, -98.28981 · 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
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
11,275 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
00.0%
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.
1100.0%

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 11,275 ft.

Completions filed
Jan 2003
1 of 1 wells

1 well

42-047320308911,275 ftJan 2003

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 (281)

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

281 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 202013014.751.80$192
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 2018064761.443.40$2,199
Sep 20181749559.543.11$2,551
Aug 2018050159.403.07$1,536
Jul 20181844765.142.93$2,483
Jun 2018051060.183.08$1,569
May 20183868465.382.90$4,469
Apr 2018081363.842.90$2,358
Mar 2018551,21961.222.79$6,764
Feb 201801,02461.782.77$2,833
Jan 2018511,08162.874.01$7,540
Dec 201701,50957.272.92$4,409
Nov 201701,74755.423.12$5,448
Oct 2017421,66349.292.98$7,032
Sep 201702,07847.523.09$6,415
Aug 201701,88245.373.00$5,654
Jul 20179764243.873.09$6,237
Jun 2017064142.493.09$1,979
May 2017066445.373.26$2,167
Apr 2017072247.933.21$2,319
Mar 2017069246.772.98$2,065
Feb 20179261750.452.95$6,463
Jan 2017072749.413.42$2,485
Dec 201601,02348.763.72$3,808
Nov 2016079842.492.64$2,110
Oct 201602,10946.193.09$6,517
Sep 20160041.553.10$0
Aug 2016052241.442.92$1,527
Jul 2016083341.622.92$2,436
Jun 201601,04145.352.69$2,796
May 201601,10342.521.99$2,196
Apr 201611498636.561.99$6,131
Mar 201601,06633.011.79$1,912
Feb 2016086426.472.06$1,783
Jan 2016091527.352.36$2,163
Dec 2015096432.362.00$1,929
Nov 201501,19238.792.17$2,583
Oct 2015077143.552.43$1,871
Sep 201501,12242.992.76$3,095
Aug 201501,52640.162.87$4,383
Jul 2015601,60848.152.95$7,625
Jun 201501,29956.152.88$3,745
May 201501,62555.212.96$4,803
Apr 201501,19949.822.71$3,245
Mar 2015911,44042.892.93$8,129
Feb 201501,27944.662.98$3,807
Jan 201501,49043.433.10$4,620
Dec 201401,55554.693.59$5,585
Nov 2014831,53870.464.25$12,388
Oct 201401,62978.303.90$6,355
Sep 201401,59986.164.05$6,469
Aug 2014841,68089.394.04$14,288
Jul 201401,50796.564.18$6,299
Jun 201401,44298.164.74$6,831
May 201401,40194.734.73$6,622
Apr 2014861,05495.944.81$13,320
Mar 2014095095.895.06$4,804
Feb 2014079897.406.19$4,941
Jan 2014082590.404.86$4,010
Dec 201301,50091.824.35$6,532
Nov 2013541,51988.853.74$10,476
Oct 201301,77997.423.78$6,723
Sep 201301,359104.113.72$5,052
Aug 2013631,668104.253.52$12,443
Jul 201301,923102.523.72$7,149
Jun 201301,24194.403.93$4,881
May 2013291,99494.834.15$11,023
Apr 201301,98293.964.28$8,488
Mar 2013583,57693.623.91$19,422
Feb 20131561391.233.42$3,465
Jan 2013294,00691.603.42$16,357
Dec 201231,51986.773.42$5,456
Nov 201201,52286.953.62$5,517
Oct 201211,37589.383.40$4,764
Sep 201221,72194.672.92$5,212
Aug 201262,27192.662.91$7,160
Jul 2012131,75685.133.02$6,411
Jun 2012111,51779.822.52$4,699
May 201283,12591.612.49$8,509
Apr 201282,685101.652.00$6,175
Mar 201292,378105.052.22$6,230
Feb 2012182,155101.102.57$7,359
Jan 201292,18398.092.73$6,851
Dec 2011202,10496.873.24$8,754
Nov 201182,40595.723.31$8,729
Oct 2011242,89684.983.65$12,606
Sep 2011532,54183.623.99$14,560
Aug 20111622,84083.404.15$25,295
Jul 201102,86494.144.52$12,937
Jun 201102,96592.904.64$13,757
May 201103,00898.134.40$13,250
Apr 20111813,071105.964.33$32,486
Mar 201103,33396.364.06$13,523
Feb 201103,15685.644.18$13,192
Jan 201104,12586.504.59$18,929
Dec 201003,45685.734.35$15,026
Nov 20101633,53280.843.80$26,582
Oct 201003,10578.103.51$10,895
Sep 201003,13572.633.98$12,476
Aug 201003,19573.684.42$14,120
Jul 20101573,76372.554.74$29,214
Jun 20101523,28070.364.91$26,801
May 201003,37371.124.24$14,285
Apr 201002,95681.694.12$12,187
Mar 201003,38978.394.39$14,873
Feb 20101503,08973.585.44$27,848
Jan 201003,44474.365.96$20,540
Dec 200903,46571.445.48$19,001
Nov 200903,18574.593.75$11,949
Oct 200903,02672.544.11$12,438
Sep 20091622,95865.543.06$19,683
Aug 200903,01267.423.22$9,694
Jul 200903,44661.133.46$11,939
Jun 200903,34666.163.90$13,033
May 200903,61854.743.93$14,203
Apr 200903,42946.773.59$12,302
Mar 20091443,50642.144.06$20,299
Feb 200903,23532.814.63$14,988
Jan 200903,93135.865.37$21,113
Dec 200803,56337.105.98$21,297
Nov 20081223,59055.496.86$31,398
Oct 200804,03475.246.92$27,923
Sep 200803,417101.767.88$26,916
Aug 2008893,987114.228.48$43,987
Jul 200803,805131.0811.39$43,337
Jun 20081043,990131.3313.03$65,659
May 200803,990123.1711.57$46,181
Apr 20081185,014110.3110.45$65,437
Mar 200802,621101.909.66$25,330
Feb 20081214,05292.538.77$46,735
Jan 200804,10490.388.21$33,676
Dec 200704,52588.337.30$33,041
Nov 200704,53191.677.29$33,039
Oct 20071254,70782.856.92$42,938
Sep 200704,65675.846.24$29,073
Aug 20071103,90969.066.39$32,567
Jul 200705,71470.906.39$36,501
Jun 20071504,36062.007.55$42,211
May 200704,64658.747.85$36,454
Apr 200705,09859.617.81$39,791
Mar 20071685,77356.927.30$51,717
Feb 200704,53555.108.22$37,260
Jan 20071734,81950.306.73$41,119
Dec 200604,83956.656.92$33,478
Nov 200604,70354.207.62$35,825
Oct 20061485,43854.906.01$40,828
Sep 200605,29460.085.04$26,667
Aug 20061425,41268.717.34$49,480
Jul 200605,60369.376.34$35,538
Jun 20061225,35966.286.38$42,297
May 200605,49666.016.42$35,312
Apr 20061095,53064.397.36$47,722
Mar 20061075,93156.707.08$48,076
Feb 200605,11757.597.75$39,662
Jan 20061035,77460.598.93$57,822
Dec 20051005,57954.9413.42$80,339
Nov 200505,74354.6910.59$60,809
Oct 2005685,91258.3413.80$85,528
Sep 200506,35861.4512.08$76,798
Aug 20051546,40561.519.80$72,221
Jul 2005626,84655.697.84$57,150
Jun 2005596,26152.337.38$49,300
May 200506,15045.226.65$40,905
Apr 2005536,62549.207.36$51,371
Mar 200507,03150.377.15$50,306
Feb 20051166,46545.226.31$46,052
Jan 20051007,40243.166.32$51,113
Dec 2004577,68539.866.75$54,154
Nov 2004578,09345.286.33$53,813
Oct 20041008,48949.706.52$60,277
Sep 2004999,04343.245.28$52,063
Aug 20042759,68342.375.55$65,399
Jul 200411410,20138.286.08$66,429
Jun 2004589,88636.106.43$65,691
May 200421710,59637.486.49$76,950
Apr 200427011,19634.475.86$74,898
Mar 20049812,07734.365.53$70,155
Feb 200423411,76232.455.51$72,397
Jan 200420113,65932.036.30$92,485
Dec 200332616,59230.266.30$114,422
Nov 200337417,91428.804.60$93,089
Oct 200339219,30228.174.76$102,913
Sep 200325817,40026.314.75$89,427
Aug 200327621,65429.765.13$119,293
Jul 200323226,91929.415.17$146,017
Jun 200332323,52128.565.98$149,950
May 200341333,48526.595.97$210,977
Apr 200366338,26726.675.41$224,603
Mar 20031,04360,53431.146.10$401,497
Feb 200365773,08633.487.93$601,267
Jan 200303,57430.315.58$19,950

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 2020 — as filed, then multipliedworked
Condensate            13 bbl  × $ 14.75 =       $192
Gas                    0 Mcf  × $  1.80 =         $0

────────────────────────────────────────────────────
Month total                                     $192

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/193068 is the state's own key, not one this site invented.