MCGRATH

Name: MCGRATH lease production and value, Feb 2003 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by KILLAM OIL CO., LTD. (P-5 460054) in the ZWEBB (10350) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 193821District 04Field 999305002 tax incentive programmesCondensateGasSave Export

Value, all time

$1.5 M

Feb 2003 – Mar 2020

Value, last 12 filed months

at the published price for each month

Months reported

206

no gaps in the span

Streams

condensate, gas

The ZWEBB (10350) 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 118 leases and 118 wells, and the rule below applies to all of them.

Discovered

1988-05-03

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 2003-06-10.

The Commission's schedule remark for this field reads: “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	2003-06-02	150966
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
Condensate	Disposition	1,608 bbl	$83,513
Gas	Production	244,200 Mcf	$1,450,030
Total			$1,533,543

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 27.2779, -99.0193. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.27785, -99.01931 · 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

10,999 ft

1 wells filed one

Completion to plug

17.1 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 10,999 ft.

Completions filed

Feb 2003

1 of 1 wells

Plug dates filed

Mar 2020

1 of 1 wells

Last completion to plug: a median of 17.1 years across the 1 well that filed both dates, with the middle half between 17.1 years and 17.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-47937931	6	10,999 ft	Feb 2003	Mar 2020	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 (206)

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

206 months


Mar 2020	0	0	30.34	1.86	$0
Feb 2020	0	0	49.88	1.98	$0
Jan 2020	0	0	57.25	2.09	$0
Dec 2019	0	0	59.01	2.30	$0
Nov 2019	0	0	55.30	2.75	$0
Oct 2019	0	0	53.47	2.42	$0
Sep 2019	0	0	55.05	2.66	$0
Aug 2019	0	0	53.11	2.30	$0
Jul 2019	0	0	56.27	2.46	$0
Jun 2019	0	0	52.78	2.49	$0
May 2019	0	0	58.48	2.74	$0
Apr 2019	0	0	62.63	2.75	$0
Mar 2019	0	0	56.80	3.06	$0
Feb 2019	0	0	50.85	2.79	$0
Jan 2019	0	0	46.03	3.23	$0
Dec 2018	0	0	46.59	4.19	$0
Nov 2018	0	0	52.93	4.24	$0
Oct 2018	0	0	61.44	3.40	$0
Sep 2018	0	0	59.54	3.11	$0
Aug 2018	0	0	59.40	3.07	$0
Jul 2018	0	0	65.14	2.93	$0
Jun 2018	0	0	60.18	3.08	$0
May 2018	0	0	65.38	2.90	$0
Apr 2018	0	0	63.84	2.90	$0
Mar 2018	0	0	61.22	2.79	$0
Feb 2018	0	0	61.78	2.77	$0
Jan 2018	0	0	62.87	4.01	$0
Dec 2017	0	0	57.27	2.92	$0
Nov 2017	0	0	55.42	3.12	$0
Oct 2017	0	0	49.29	2.98	$0
Sep 2017	0	0	47.52	3.09	$0
Aug 2017	0	0	45.37	3.00	$0
Jul 2017	0	0	43.87	3.09	$0
Jun 2017	0	0	42.49	3.09	$0
May 2017	0	0	45.37	3.26	$0
Apr 2017	0	0	47.93	3.21	$0
Mar 2017	0	0	46.77	2.98	$0
Feb 2017	0	0	50.45	2.95	$0
Jan 2017	0	0	49.41	3.42	$0
Dec 2016	0	0	48.76	3.72	$0
Nov 2016	0	0	42.49	2.64	$0
Oct 2016	0	0	46.19	3.09	$0
Sep 2016	0	0	41.55	3.10	$0
Aug 2016	0	0	41.44	2.92	$0
Jul 2016	0	0	41.62	2.92	$0
Jun 2016	0	0	45.35	2.69	$0
May 2016	0	0	42.52	1.99	$0
Apr 2016	0	0	36.56	1.99	$0
Mar 2016	0	0	33.01	1.79	$0
Feb 2016	7	0	26.47	2.06	$185
Jan 2016	0	309	27.35	2.36	$731
Dec 2015	0	630	32.36	2.00	$1,261
Nov 2015	0	565	38.79	2.17	$1,225
Oct 2015	0	904	43.55	2.43	$2,194
Sep 2015	0	815	42.99	2.76	$2,248
Aug 2015	0	619	40.16	2.87	$1,778
Jul 2015	0	777	48.15	2.95	$2,288
Jun 2015	0	708	56.15	2.88	$2,041
May 2015	0	720	55.21	2.96	$2,128
Apr 2015	0	717	49.82	2.71	$1,941
Mar 2015	0	784	42.89	2.93	$2,301
Feb 2015	0	701	44.66	2.98	$2,086
Jan 2015	0	797	43.43	3.10	$2,471
Dec 2014	0	869	54.69	3.59	$3,121
Nov 2014	0	805	70.46	4.25	$3,423
Oct 2014	0	995	78.30	3.90	$3,881
Sep 2014	0	809	86.16	4.05	$3,273
Aug 2014	0	876	89.39	4.04	$3,535
Jul 2014	0	881	96.56	4.18	$3,682
Jun 2014	0	620	98.16	4.74	$2,937
May 2014	0	865	94.73	4.73	$4,088
Apr 2014	0	893	95.94	4.81	$4,295
Mar 2014	0	780	95.89	5.06	$3,944
Feb 2014	0	903	97.40	6.19	$5,591
Jan 2014	0	1,056	90.40	4.86	$5,133
Dec 2013	0	947	91.82	4.35	$4,124
Nov 2013	0	871	88.85	3.74	$3,256
Oct 2013	0	964	97.42	3.78	$3,643
Sep 2013	0	1,007	104.11	3.72	$3,744
Aug 2013	0	1,000	104.25	3.52	$3,523
Jul 2013	0	926	102.52	3.72	$3,443
Jun 2013	0	964	94.40	3.93	$3,792
May 2013	0	1,008	94.83	4.15	$4,182
Apr 2013	0	694	93.96	4.28	$2,972
Mar 2013	0	828	93.62	3.91	$3,240
Feb 2013	0	805	91.23	3.42	$2,753
Jan 2013	0	946	91.60	3.42	$3,235
Dec 2012	0	1,235	86.77	3.42	$4,224
Nov 2012	0	501	86.95	3.62	$1,816
Oct 2012	0	658	89.38	3.40	$2,237
Sep 2012	0	696	94.67	2.92	$2,031
Aug 2012	0	769	92.66	2.91	$2,236
Jul 2012	0	937	85.13	3.02	$2,830
Jun 2012	0	784	79.82	2.52	$1,975
May 2012	0	1,076	91.61	2.49	$2,677
Apr 2012	0	761	101.65	2.00	$1,520
Mar 2012	0	685	105.05	2.22	$1,522
Feb 2012	0	737	101.10	2.57	$1,894
Jan 2012	0	872	98.09	2.73	$2,384
Dec 2011	0	1,021	96.87	3.24	$3,308
Nov 2011	0	1,156	95.72	3.31	$3,828
Oct 2011	0	1,324	84.98	3.65	$4,831
Sep 2011	0	1,254	83.62	3.99	$4,998
Aug 2011	0	1,350	83.40	4.15	$5,602
Jul 2011	0	1,049	94.14	4.52	$4,739
Jun 2011	0	916	92.90	4.64	$4,250
May 2011	0	1,150	98.13	4.40	$5,066
Apr 2011	0	1,119	105.96	4.33	$4,849
Mar 2011	0	949	96.36	4.06	$3,850
Feb 2011	0	885	85.64	4.18	$3,699
Jan 2011	0	1,131	86.50	4.59	$5,190
Dec 2010	0	1,257	85.73	4.35	$5,465
Nov 2010	0	920	80.84	3.80	$3,492
Oct 2010	0	1,204	78.10	3.51	$4,225
Sep 2010	0	1,146	72.63	3.98	$4,560
Aug 2010	0	1,278	73.68	4.42	$5,648
Jul 2010	0	787	72.55	4.74	$3,728
Jun 2010	0	895	70.36	4.91	$4,395
May 2010	0	983	71.12	4.24	$4,163
Apr 2010	0	1,223	81.69	4.12	$5,042
Mar 2010	0	972	78.39	4.39	$4,266
Feb 2010	0	931	73.58	5.44	$5,067
Jan 2010	0	1,023	74.36	5.96	$6,101
Dec 2009	0	1,232	71.44	5.48	$6,756
Nov 2009	8	1,269	74.59	3.75	$5,357
Oct 2009	0	1,133	72.54	4.11	$4,657
Sep 2009	0	1,228	65.54	3.06	$3,764
Aug 2009	6	1,414	67.42	3.22	$4,955
Jul 2009	0	1,235	61.13	3.46	$4,279
Jun 2009	7	1,407	66.16	3.90	$5,943
May 2009	0	2,100	54.74	3.93	$8,244
Apr 2009	24	906	46.77	3.59	$4,373
Mar 2009	0	868	42.14	4.06	$3,523
Feb 2009	20	1,757	32.81	4.63	$8,796
Jan 2009	0	1,088	35.86	5.37	$5,844
Dec 2008	20	1,172	37.10	5.98	$7,747
Nov 2008	29	1,066	55.49	6.86	$8,922
Oct 2008	25	1,517	75.24	6.92	$12,382
Sep 2008	0	1,219	101.76	7.88	$9,602
Aug 2008	0	1,343	114.22	8.48	$11,393
Jul 2008	26	1,563	131.08	11.39	$21,210
Jun 2008	0	1,272	131.33	13.03	$16,578
May 2008	0	1,533	123.17	11.57	$17,743
Apr 2008	26	1,442	110.31	10.45	$17,944
Mar 2008	25	1,547	101.90	9.66	$17,498
Feb 2008	25	1,436	92.53	8.77	$14,908
Jan 2008	21	1,579	90.38	8.21	$14,855
Dec 2007	0	1,747	88.33	7.30	$12,757
Nov 2007	21	1,284	91.67	7.29	$11,288
Oct 2007	0	1,534	82.85	6.92	$10,618
Sep 2007	25	1,888	75.84	6.24	$13,685
Aug 2007	29	1,618	69.06	6.39	$12,338
Jul 2007	0	1,842	70.90	6.39	$11,767
Jun 2007	21	2,102	62.00	7.55	$17,169
May 2007	30	1,582	58.74	7.85	$14,175
Apr 2007	0	1,730	59.61	7.81	$13,503
Mar 2007	38	1,644	56.92	7.30	$14,167
Feb 2007	26	1,616	55.10	8.22	$14,710
Jan 2007	0	1,548	50.30	6.73	$10,413
Dec 2006	0	1,774	56.65	6.92	$12,273
Nov 2006	30	1,841	54.20	7.62	$15,650
Oct 2006	19	1,756	54.90	6.01	$11,603
Sep 2006	0	1,823	60.08	5.04	$9,183
Aug 2006	20	1,817	68.71	7.34	$14,711
Jul 2006	23	1,854	69.37	6.34	$13,355
Jun 2006	25	1,844	66.28	6.38	$13,429
May 2006	0	1,980	66.01	6.42	$12,722
Apr 2006	26	1,952	64.39	7.36	$16,042
Mar 2006	26	2,268	56.70	7.08	$17,538
Feb 2006	27	1,882	57.59	7.75	$16,143
Jan 2006	0	2,250	60.59	8.93	$20,100
Dec 2005	26	2,302	54.94	13.42	$32,311
Nov 2005	24	2,061	54.69	10.59	$23,135
Oct 2005	22	2,202	58.34	13.80	$31,662
Sep 2005	22	2,105	61.45	12.08	$26,778
Aug 2005	24	2,349	61.51	9.80	$24,489
Jul 2005	19	2,448	55.69	7.84	$20,259
Jun 2005	18	1,817	52.33	7.38	$14,353
May 2005	26	2,261	45.22	6.65	$16,214
Apr 2005	26	2,364	49.20	7.36	$18,679
Mar 2005	24	2,589	50.37	7.15	$19,733
Feb 2005	46	2,163	45.22	6.31	$15,733
Jan 2005	26	2,477	43.16	6.32	$16,782
Dec 2004	24	2,461	39.86	6.75	$17,571
Nov 2004	30	2,433	45.28	6.33	$16,760
Oct 2004	29	2,612	49.70	6.52	$18,459
Sep 2004	28	2,485	43.24	5.28	$14,341
Aug 2004	29	2,781	42.37	5.55	$16,665
Jul 2004	39	2,754	38.28	6.08	$18,249
Jun 2004	25	2,812	36.10	6.43	$18,992
May 2004	61	2,999	37.48	6.49	$21,764
Apr 2004	38	2,871	34.47	5.86	$18,130
Mar 2004	38	3,047	34.36	5.53	$18,156
Feb 2004	66	3,021	32.45	5.51	$18,786
Jan 2004	15	3,351	32.03	6.30	$21,591
Dec 2003	17	3,401	30.26	6.30	$21,946
Nov 2003	31	3,420	28.80	4.60	$16,608
Oct 2003	34	3,698	28.17	4.76	$18,559
Sep 2003	14	3,606	26.31	4.75	$17,495
Aug 2003	19	3,891	29.76	5.13	$20,525
Jul 2003	21	4,149	29.41	5.17	$22,071
Jun 2003	15	4,157	28.56	5.98	$25,300
May 2003	52	4,483	26.59	5.97	$28,158
Apr 2003	1	4,901	26.67	5.41	$26,528
Mar 2003	24	6,235	31.14	6.10	$38,756
Feb 2003	0	0	33.48	7.93	$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.

Feb 2016 — as filed, then multipliedworked

Condensate             7 bbl  × $ 26.47 =       $185
Gas                    0 Mcf  × $  2.06 =         $0

────────────────────────────────────────────────────
Month total                                     $185

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/193821 is the state's own key, not one this site invented.