MCGILL BROTHERS

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 201937District 04Field 486308002 tax incentive programmesGasSaveExport
Value, all time
$3.8 M
Apr 2004 – Feb 2013
Value, last 12 filed months
$170
at the published price for each month
Months reported
107
no gaps in the span
Streams
1
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 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.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas112004-11-01159519
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
GasProduction519,647 Mcf$3,845,680
Total$3,845,680

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 26.7938, -98.3269. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.79378, -98.32691 · 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
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
12,200 ft
1 wells filed one
Completion to plug
13 months
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 12,200 ft.

Completions filed
Jan 2012
1 of 1 wells
Plug dates filed
Feb 2013
1 of 1 wells

Last completion to plug: a median of 13 months across the 1 well that filed both dates, with the middle half between 13 months and 13 months. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-0473211956812,200 ftJan 2012Feb 2013Yes

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 (107)

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

107 months

Feb 2013091.233.42$0
Jan 2013091.603.42$0
Dec 20122886.773.42$96
Nov 2012086.953.62$0
Oct 2012089.383.40$0
Sep 2012094.672.92$0
Aug 2012092.662.91$0
Jul 2012085.133.02$0
Jun 2012079.822.52$0
May 2012091.612.49$0
Apr 20124101.652.00$8
Mar 201230105.052.22$67
Feb 201292101.102.57$236
Jan 20124898.092.73$131
Dec 2011096.873.24$0
Nov 2011095.723.31$0
Oct 2011084.983.65$0
Sep 2011083.623.99$0
Aug 2011083.404.15$0
Jul 20111894.144.52$81
Jun 201133292.904.64$1,540
May 201123898.134.40$1,048
Apr 2011145105.964.33$628
Mar 201162396.364.06$2,528
Feb 201182385.644.18$3,440
Jan 201173286.504.59$3,359
Dec 20101,05585.734.35$4,587
Nov 201063280.843.80$2,399
Oct 2010078.103.51$0
Sep 2010372.633.98$12
Aug 201026373.684.42$1,162
Jul 201033072.554.74$1,563
Jun 2010070.364.91$0
May 201087871.124.24$3,719
Apr 2010081.694.12$0
Mar 2010078.394.39$0
Feb 2010073.585.44$0
Jan 201026574.365.96$1,580
Dec 200932071.445.48$1,755
Nov 2009374.593.75$11
Oct 2009572.544.11$21
Sep 200916365.543.06$500
Aug 200916467.423.22$528
Jul 200913661.133.46$471
Jun 200931666.163.90$1,231
May 200939354.743.93$1,543
Apr 200916546.773.59$592
Mar 200935242.144.06$1,429
Feb 200933232.814.63$1,538
Jan 200928035.865.37$1,504
Dec 200826237.105.98$1,566
Nov 200821955.496.86$1,502
Oct 200821375.246.92$1,474
Sep 20081,468101.767.88$11,564
Aug 20082,543114.228.48$21,572
Jul 20082,574131.0811.39$29,316
Jun 20083,000131.3313.03$39,098
May 20082,751123.1711.57$31,841
Apr 20083,025110.3110.45$31,626
Mar 20082,875101.909.66$27,784
Feb 20083,04692.538.77$26,715
Jan 20081,18290.388.21$9,699
Dec 20073,98188.337.30$29,069
Nov 20073,96891.677.29$28,933
Oct 20073,54282.856.92$24,518
Sep 20073,89575.846.24$24,321
Aug 20074,28969.066.39$27,398
Jul 20074,90770.906.39$31,346
Jun 20074,89862.007.55$36,972
May 20074,79658.747.85$37,631
Apr 20073,31559.617.81$25,874
Mar 20075,68856.927.30$41,534
Feb 20075,84655.108.22$48,031
Jan 20076,25550.306.73$42,076
Dec 20066,69456.656.92$46,312
Nov 20066,73754.207.62$51,319
Oct 20065,56354.906.01$33,455
Sep 20068,50560.085.04$42,841
Aug 20067,58768.717.34$55,688
Jul 20067,43869.376.34$47,177
Jun 20067,40266.286.38$47,253
May 20068,45066.016.42$54,291
Apr 20069,02864.397.36$66,450
Mar 20068,48356.707.08$60,084
Feb 200612,08057.597.75$93,634
Jan 200610,69460.598.93$95,533
Dec 20058,57154.9413.42$114,983
Nov 200511,37654.6910.59$120,454
Oct 200512,67158.3413.80$174,806
Sep 20059,36661.4512.08$113,132
Aug 200513,75161.519.80$134,716
Jul 200514,69555.697.84$115,262
Jun 200514,52352.337.38$107,195
May 200513,38545.226.65$89,026
Apr 200525,84049.207.36$190,195
Mar 200515,42550.377.15$110,364
Feb 200516,55645.226.31$104,500
Jan 200522,04343.166.32$139,360
Dec 200423,52939.866.75$158,846
Nov 200423,21245.286.33$146,942
Oct 200433,40649.706.52$217,643
Sep 200427,63843.245.28$146,036
Aug 20046,81442.375.55$37,822
Jul 20042,32938.286.08$14,170
Jun 200438,15036.106.43$245,420
May 2004037.486.49$0
Apr 2004034.475.86$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.

Dec 2012 — as filed, then multipliedworked
Gas                   28 Mcf  × $  3.42 =        $96

────────────────────────────────────────────────────
Month total                                      $96

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/201937 is the state's own key, not one this site invented.