MCGILL BROS. NCT-1

Operated by HILCORP ENERGY COMPANY (P-5 386310) in the ENCINITAS (V-19-A) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 198272District 04Field 290108402 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.4 M
Jul 2003 – May 2026
Value, last 12 filed months
$1 k
at the published price for each month
Months reported
275
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 6 leases and 6 wells, and the rule below applies to all of them.

Discovered
1982-04-30
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 06/01/2004.

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 Gas112008-12-12184720
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
CondensateDisposition8,085 bbl$340,948
GasProduction578,562 Mcf$3,081,939
Total$3,422,887

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 26.8432, -98.2898. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.84317, -98.28984 · 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
9,301 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 9,301 ft.

Completions filed
Jul 2003
1 of 1 wells

1 well

42-047320661019,301 ftJul 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 (275)

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

275 months

May 2026015106.413.05$46
Apr 202601498.932.87$40
Mar 202601889.753.15$57
Feb 202601263.503.75$45
Jan 20260759.138.00$56
Dec 20250756.664.41$31
Nov 202501458.593.93$55
Oct 202503759.383.30$122
Sep 202503262.743.08$98
Aug 202506063.933.01$181
Jul 202504166.743.32$136
Jun 202505666.483.13$175
May 202507260.553.23$233
Apr 202504062.363.54$142
Mar 202504167.704.27$175
Feb 202501870.884.34$78
Jan 20250674.324.28$26
Dec 202401668.993.12$50
Nov 202402069.052.20$44
Oct 202402971.372.28$66
Sep 202403669.612.36$85
Aug 202402975.632.06$60
Jul 20240279.932.15$4
Jun 20240578.082.63$13
May 2024011278.812.20$246
Apr 2024013884.451.66$229
Mar 2024010480.301.55$161
Feb 202405176.091.78$91
Jan 202403373.023.30$109
Dec 202303171.262.61$81
Nov 202307677.892.81$213
Oct 2023023485.443.09$722
Sep 2023072789.042.74$1,988
Aug 2023064680.522.67$1,727
Jul 20232476074.852.64$3,804
Jun 202301,03968.962.26$2,347
May 2023481,02470.622.23$5,671
Apr 2023042078.122.24$940
Mar 2023045972.852.39$1,098
Feb 2023031175.112.47$767
Jan 2023010176.533.39$342
Dec 20227141276.415.73$7,785
Nov 2022032085.005.65$1,807
Oct 20224560887.185.86$7,488
Sep 2022069384.888.16$5,657
Aug 2022042294.529.13$3,852
Jul 20220126101.587.54$950
Jun 2022096115.097.98$766
May 202201,533109.378.43$12,928
Apr 20220706104.226.84$4,827
Mar 20220158108.885.08$802
Feb 202251591.054.86$528
Jan 2022010681.844.54$481
Dec 202109071.323.90$351
Nov 20215569477.435.24$7,893
Oct 20210079.795.71$0
Sep 20212969669.865.35$5,750
Aug 2021017566.024.22$739
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 2021069360.362.76$1,912
Mar 20210061.302.72$0
Feb 20219056657.805.55$8,342
Jan 2021045150.412.81$1,267
Dec 202001,11944.642.68$2,994
Nov 202001438.772.71$38
Oct 202001,62336.972.48$4,022
Sep 2020025537.091.99$508
Aug 2020247639.982.39$1,215
Jul 2020036438.371.83$664
Jun 2020021434.901.69$362
May 2020055216.921.81$1,002
Apr 2020070814.751.80$1,278
Mar 2020039830.341.86$739
Feb 20202528449.881.98$1,810
Jan 2020028257.252.09$591
Dec 2019020059.012.30$461
Nov 2019822055.302.75$1,048
Oct 2019041853.472.42$1,011
Sep 20191728155.052.66$1,683
Aug 2019070653.112.30$1,627
Jul 20192368256.272.46$2,972
Jun 20191655152.782.49$2,217
May 201901,92158.482.74$5,264
Apr 2019171,24262.632.75$4,481
Mar 201902,31656.803.06$7,092
Feb 201902,01850.852.79$5,635
Jan 2019017746.033.23$571
Dec 2018016146.594.19$674
Nov 2018015352.934.24$648
Oct 2018041561.443.40$1,410
Sep 2018021159.543.11$656
Aug 2018030859.403.07$945
Jul 2018039665.142.93$1,161
Jun 2018033060.183.08$1,015
May 2018037365.382.90$1,082
Apr 2018079063.842.90$2,292
Mar 2018067161.222.79$1,870
Feb 2018041461.782.77$1,145
Jan 2018077462.874.01$3,103
Dec 20171098657.272.92$3,453
Nov 201701,07455.423.12$3,349
Oct 2017081049.292.98$2,417
Sep 2017059547.523.09$1,837
Aug 2017767045.373.00$2,331
Jul 2017055943.873.09$1,726
Jun 2017091942.493.09$2,837
May 2017099645.373.26$3,250
Apr 201701,26847.933.21$4,072
Mar 2017171,49546.772.98$5,256
Feb 201701,36050.452.95$4,016
Jan 2017381,39349.413.42$6,640
Dec 201601,25848.763.72$4,683
Nov 201601,31042.492.64$3,464
Oct 201641,49646.193.09$4,808
Sep 201601,33041.553.10$4,124
Aug 2016101,45941.442.92$4,681
Jul 201601,45341.622.92$4,249
Jun 201611,39145.352.69$3,781
May 201621,39042.521.99$2,853
Apr 201651,33636.561.99$2,843
Mar 201601,07233.011.79$1,923
Feb 2016056526.472.06$1,166
Jan 2016022827.352.36$539
Dec 201503232.362.00$64
Nov 201507838.792.17$169
Oct 2015010443.552.43$252
Sep 201508042.992.76$221
Aug 201501,65240.162.87$4,745
Jul 20151034948.152.95$1,509
Jun 2015089256.152.88$2,572
May 2015070955.212.96$2,095
Apr 20157049.822.71$349
Mar 201501,08542.892.93$3,184
Feb 2015301,44344.662.98$5,634
Jan 2015261,78943.433.10$6,676
Dec 2014482,60854.693.59$11,991
Nov 201402,27270.464.25$9,660
Oct 201402,47978.303.90$9,670
Sep 20143180286.164.05$5,915
Aug 2014055789.394.04$2,248
Jul 2014060196.564.18$2,512
Jun 201405698.164.74$265
May 2014023194.734.73$1,092
Apr 2014065195.944.81$3,131
Mar 2014088095.895.06$4,450
Feb 201409697.406.19$594
Jan 201401,40590.404.86$6,829
Dec 2013020291.824.35$880
Nov 201305088.853.74$187
Oct 2013577997.423.78$5,852
Sep 2013060104.113.72$223
Aug 20130220104.253.52$775
Jul 20130904102.523.72$3,361
Jun 2013010294.403.93$401
May 201301,18794.834.15$4,925
Apr 201301,28993.964.28$5,520
Mar 2013525293.623.91$5,072
Feb 2013019491.233.42$663
Jan 2013041291.603.42$1,409
Dec 2012041386.773.42$1,413
Nov 201201,63786.953.62$5,934
Oct 2012672,22489.383.40$13,549
Sep 20120694.672.92$18
Aug 201201092.662.91$29
Jul 201205185.133.02$154
Jun 2012011279.822.52$282
May 20120091.612.49$0
Apr 2012097101.652.00$194
Mar 20120117105.052.22$260
Feb 20120696101.102.57$1,789
Jan 2012018398.092.73$500
Dec 2011078796.873.24$2,550
Nov 201105495.723.31$179
Oct 2011032684.983.65$1,189
Sep 2011091683.623.99$3,651
Aug 2011423,33783.404.15$17,349
Jul 201101,79494.144.52$8,104
Jun 201101,03192.904.64$4,784
May 2011061298.134.40$2,696
Apr 201101,001105.964.33$4,338
Mar 20115155696.364.06$7,170
Feb 2011057585.644.18$2,403
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 201001,14280.843.80$4,334
Oct 201001,72678.103.51$6,056
Sep 201001,68872.633.98$6,717
Aug 201001,56773.684.42$6,925
Jul 201001,22372.554.74$5,793
Jun 2010082370.364.91$4,041
May 20106558171.124.24$7,083
Apr 2010036381.694.12$1,497
Mar 2010080378.394.39$3,524
Feb 2010991,29773.585.44$14,343
Jan 201003,30774.365.96$19,723
Dec 20091342,02171.445.48$20,656
Nov 200902,39274.593.75$8,974
Oct 200902,15172.544.11$8,841
Sep 200901,65965.543.06$5,084
Aug 2009793,61567.423.22$16,961
Jul 200906,86861.133.46$23,794
Jun 20095028466.163.90$4,414
May 2009066754.743.93$2,618
Apr 2009293946.773.59$1,496
Mar 2009641442.144.06$1,933
Feb 200901,78532.814.63$8,270
Jan 2009068135.865.37$3,658
Dec 20081037.105.98$37
Nov 2008841055.496.86$3,257
Oct 20081710575.246.92$2,006
Sep 200801,041101.767.88$8,200
Aug 200801,114114.228.48$9,450
Jul 2008202,123131.0811.39$26,801
Jun 200832974131.3313.03$16,896
May 2008541,307123.1711.57$21,779
Apr 20080713110.3110.45$7,454
Mar 2008052101.909.66$503
Feb 200891,19492.538.77$11,305
Jan 2008043690.388.21$3,578
Dec 2007010288.337.30$745
Nov 2007016691.677.29$1,210
Oct 2007067382.856.92$4,658
Sep 2007048575.846.24$3,028
Aug 2007041069.066.39$2,619
Jul 2007346170.906.39$3,158
Jun 20071171462.007.55$6,072
May 2007067158.747.85$5,265
Apr 20072086059.617.81$7,905
Mar 2007372,10656.927.30$17,484
Feb 2007582,13455.108.22$20,729
Jan 2007672,13050.306.73$17,698
Dec 200603,39456.656.92$23,481
Nov 2006571,01554.207.62$10,821
Oct 2006361,66854.906.01$12,007
Sep 200601,89560.085.04$9,545
Aug 20062723368.717.34$3,565
Jul 20064076969.376.34$7,652
Jun 2006361,86366.286.38$14,279
May 2006482,65866.016.42$20,246
Apr 2006472,72664.397.36$23,091
Mar 2006314,73756.707.08$35,309
Feb 20062467957.597.75$6,645
Jan 2006261,03260.598.93$10,795
Dec 2005193,04154.9413.42$41,840
Nov 2005302,46054.6910.59$27,688
Oct 2005452,43358.3413.80$36,190
Sep 2005473,31861.4512.08$42,966
Aug 200503,74961.519.80$36,728
Jul 2005343,83655.697.84$31,982
Jun 2005332,97952.337.38$23,715
May 2005344,30145.226.65$30,144
Apr 200504,35349.207.36$32,040
Mar 2005925,14350.377.15$41,432
Feb 2005533,35345.226.31$23,561
Jan 20051216,33343.166.32$45,261
Dec 2004434,27339.866.75$30,561
Nov 2004956,34945.286.33$44,493
Oct 2004416,44849.706.52$44,047
Sep 2004617,47743.245.28$42,145
Aug 2004367,74842.375.55$44,532
Jul 2004618,06138.286.08$51,380
Jun 2004399,27636.106.43$61,081
May 20044411,82137.486.49$78,422
Apr 20047713,59934.475.86$82,323
Mar 200421719,89134.365.53$117,456
Feb 200447822,29132.455.51$138,326
Jan 200431514,33032.036.30$100,363
Dec 200334216,95330.266.30$117,181
Nov 200362527,13328.804.60$142,680
Oct 200385354,80428.174.76$284,876
Sep 20031,25376,31026.314.75$395,390
Aug 200375429,88329.765.13$175,730
Jul 20038210,45029.415.17$56,447

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.

May 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $106.41 =         $0
Gas                   15 Mcf  × $  3.05 =        $46

────────────────────────────────────────────────────
Month total                                      $46

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/198272 is the state's own key, not one this site invented.