MCGILL BROS. NCT-1

Operated by LOUDON OPERATING COMPANY, L.L.C. (P-5 509363) in the ENCINITAS (V-17) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 197684District 04Field 29010790CondensateGasSaveExport
Value, all time
$1.5 M
Jun 2003 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
276
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 3 leases and 3 wells, and the rule below applies to all of them.

Discovered
2003-06-22
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 EFFECTIVE 10/01/2012.

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
CondensateDisposition3,673 bbl$168,332
GasProduction236,509 Mcf$1,291,690
Total$1,460,023

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 26.8452, -98.2899. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.84520, -98.28989 · 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
8,735 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 8,735 ft.

Completions filed
Feb 2004
1 of 1 wells

1 well

42-0473206990T8,735 ftFeb 2004

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 (276)

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

276 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 202088014.751.80$1,298
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 2019028046.033.23$904
Dec 201811319846.594.19$6,093
Nov 20189632452.934.24$6,454
Oct 2018030861.443.40$1,047
Sep 20189355359.543.11$7,256
Aug 2018051759.403.07$1,585
Jul 20188522265.142.93$6,188
Jun 2018080560.183.08$2,477
May 20186381465.382.90$6,480
Apr 2018085463.842.90$2,477
Mar 20184061.222.79$245
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 2016010148.763.72$376
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 201606227.352.36$147
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 201527048.152.95$1,300
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 201506349.822.71$171
Mar 201501642.892.93$47
Feb 201508944.662.98$265
Jan 201502043.433.10$62
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 201402086.164.05$81
Aug 2014114589.394.04$1,165
Jul 2014014696.564.18$610
Jun 201408198.164.74$384
May 2014040194.734.73$1,895
Apr 2014627295.944.81$1,884
Mar 2014041295.895.06$2,083
Feb 2014011297.406.19$694
Jan 2014031290.404.86$1,517
Dec 201306291.824.35$270
Nov 2013831088.853.74$1,870
Oct 2013037997.423.78$1,432
Sep 20130663104.113.72$2,465
Aug 20135647104.253.52$2,800
Jul 20130332102.523.72$1,234
Jun 2013053794.403.93$2,112
May 201371,32494.834.15$6,157
Apr 201301,29893.964.28$5,559
Mar 2013047693.623.91$1,863
Feb 2013968291.233.42$3,153
Jan 2013843191.603.42$2,207
Dec 2012111,62186.773.42$6,499
Nov 2012121,46386.953.62$6,347
Oct 2012351,35089.383.40$7,718
Sep 2012591,15394.672.92$8,950
Aug 2012901,30392.662.91$12,129
Jul 201210583385.133.02$11,455
Jun 201215565179.822.52$14,012
May 20124556091.612.49$5,516
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 200719069.066.39$1,312
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 200611054.906.01$604
Sep 20060060.085.04$0
Aug 200612068.717.34$825
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 200618060.598.93$1,091
Dec 200523054.9413.42$1,264
Nov 20050054.6910.59$0
Oct 20052110758.3413.80$2,701
Sep 200509761.4512.08$1,172
Aug 200558061.519.80$3,568
Jul 20052838055.697.84$4,540
Jun 2005281,28252.337.38$10,928
May 200501,52745.226.65$10,156
Apr 2005261,51749.207.36$12,445
Mar 200501,47150.377.15$10,525
Feb 20056294645.226.31$8,775
Jan 2005639,32543.166.32$61,674
Dec 20043410,78939.866.75$74,193
Nov 20043210,89145.286.33$70,394
Oct 20045810,88849.706.52$73,819
Sep 20045812,11943.245.28$66,544
Aug 200413412,42242.375.55$74,628
Jul 20045312,36238.286.08$77,241
Jun 20042913,01536.106.43$84,773
May 20041104,22937.486.49$31,588
Apr 20041763,92134.475.86$29,038
Mar 2004578,44234.365.53$48,644
Feb 200411016,99532.455.51$97,205
Jan 20040032.036.30$0
Dec 200333030.266.30$999
Nov 20031292,98028.804.60$17,409
Oct 200333019,40328.174.76$101,647
Sep 20031277,74426.314.75$40,120
Aug 200348321,06529.765.13$122,432
Jul 200321629,49029.415.17$158,841
Jun 20030028.565.98$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.

Apr 2020 — as filed, then multipliedworked
Condensate            88 bbl  × $ 14.75 =     $1,298
Gas                    0 Mcf  × $  1.80 =         $0

────────────────────────────────────────────────────
Month total                                   $1,298

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/197684 is the state's own key, not one this site invented.