MCCANN, OLA GAS UNIT

Operated by MAGNUM PRODUCING, LP (P-5 521516) in the MIDWAY (9150) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 276012District 04Field 61154924CondensateGasSaveExport
Value, all time
$1.6 M
Dec 2014 – May 2026
Value, last 12 filed months
$179 k
at the published price for each month
Months reported
138
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
1962-02-20
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

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
CondensateDisposition4,655 bbl$286,568
GasProduction412,690 Mcf$1,354,276
Total$1,640,844

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 28.0002, -97.4229. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

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
9,500 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 9,500 ft.

Completions filed
Dec 2014
1 of 1 wells

1 well

42-409313332A9,500 ftDec 2014

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 (138)

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

138 months

May 202600106.413.05$0
Apr 20261013,91798.932.87$21,233
Mar 202603,43589.753.15$10,818
Feb 2026833,48963.503.75$18,355
Jan 202603,60659.138.00$28,841
Dec 2025783,41556.664.41$19,491
Nov 202503,89658.593.93$15,297
Oct 2025884,25359.383.30$19,281
Sep 202503,10662.743.08$9,557
Aug 2025813,27963.933.01$15,064
Jul 202503,35866.743.32$11,132
Jun 202503,13666.483.13$9,812
May 2025802,84860.553.23$14,050
Apr 2025913,26462.363.54$17,240
Mar 202503,47667.704.27$14,837
Feb 2025813,47070.884.34$20,804
Jan 202503,21174.324.28$13,739
Dec 2024883,82068.993.12$17,995
Nov 202403,38369.052.20$7,437
Oct 202403,14371.372.28$7,170
Sep 20241102,68969.612.36$14,015
Aug 20241122,78375.632.06$14,214
Jul 202402,73379.932.15$5,867
Jun 202403,17778.082.63$8,368
May 2024752,36878.812.20$11,117
Apr 202401,87984.451.66$3,118
Mar 202401,52980.301.55$2,363
Feb 20240076.091.78$0
Jan 202401,87273.023.30$6,173
Dec 2023472,73571.262.61$10,490
Nov 2023582,67277.892.81$12,019
Oct 202302,77685.443.09$8,570
Sep 2023602,90389.042.74$13,282
Aug 2023573,24380.522.67$13,258
Jul 20231843,08074.852.64$21,909
Jun 202302,75868.962.26$6,229
May 202302,90470.622.23$6,468
Apr 202302,85878.122.24$6,396
Mar 202302,89072.852.39$6,916
Feb 202302,32675.112.47$5,735
Jan 202302,36576.533.39$8,012
Dec 2022952,11376.415.73$19,365
Nov 202204,07385.005.65$22,997
Oct 20220087.185.86$0
Sep 202201,18084.888.16$9,633
Aug 2022932,77194.529.13$34,082
Jul 202202,685101.587.54$20,250
Jun 202203,024115.097.98$24,123
May 2022703,460109.378.43$36,834
Apr 202202,861104.226.84$19,562
Mar 20221323,121108.885.08$30,216
Feb 2022732,45991.054.86$18,595
Jan 2022713,14181.844.54$20,063
Dec 202103,02271.323.90$11,783
Nov 202101,70377.435.24$8,918
Oct 2021672,98079.795.71$22,373
Sep 202103,81069.865.35$20,387
Aug 2021603,93566.024.22$20,569
Jul 2021413,65370.783.98$17,449
Jun 202103,10169.493.38$10,483
May 202103,49263.483.02$10,538
Apr 2021693,18960.362.76$12,961
Mar 202103,06561.302.72$8,327
Feb 2021855,53957.805.55$35,643
Jan 202103,44550.412.81$9,681
Dec 202003,46144.642.68$9,260
Nov 2020612,81938.772.71$9,995
Oct 202002,82436.972.48$6,999
Sep 202002,36037.091.99$4,699
Aug 2020353,02739.982.39$8,619
Jul 202002,78338.371.83$5,079
Jun 202001,55634.901.69$2,630
May 202002,65316.921.81$4,815
Apr 20201403,42514.751.80$8,245
Mar 202003,37230.341.86$6,259
Feb 202003,00149.881.98$5,944
Jan 202003,50657.252.09$7,344
Dec 20191423,37859.012.30$16,164
Nov 201903,36555.302.75$9,256
Oct 201903,47153.472.42$8,395
Sep 201908,14455.052.66$21,641
Aug 201902,36153.112.30$5,441
Jul 201902,54156.272.46$6,251
Jun 2019732,67752.782.49$10,522
May 201902,82758.482.74$7,747
Apr 201904,13262.632.75$11,366
Mar 2019774,46856.803.06$18,055
Feb 2019772,75950.852.79$11,619
Jan 201902,93246.033.23$9,465
Dec 201803646.594.19$151
Nov 20181131,69352.934.24$13,155
Oct 2018832,31361.443.40$12,959
Sep 201802,28959.543.11$7,114
Aug 20181282,87059.403.07$16,404
Jul 201802,96165.142.93$8,681
Jun 201802,75560.183.08$8,477
May 2018692,12665.382.90$10,678
Apr 201802,75763.842.90$7,998
Mar 201802,67461.222.79$7,452
Feb 201802,68161.782.77$7,416
Jan 201802,70762.874.01$10,853
Dec 201702,91557.272.92$8,516
Nov 201703,03255.423.12$9,455
Oct 2017823,05649.292.98$13,160
Sep 201702,82747.523.09$8,728
Aug 201703,15545.373.00$9,479
Jul 201703,50643.873.09$10,824
Jun 201703,47542.493.09$10,728
May 201703,30945.373.26$10,799
Apr 201703,47247.933.21$11,151
Mar 20171113,58746.772.98$15,894
Feb 201703,00050.452.95$8,858
Jan 201702,48549.413.42$8,496
Dec 201602,28248.763.72$8,496
Nov 20161343,57342.492.64$15,142
Oct 201603,72646.193.09$11,514
Sep 20161823,67641.553.10$18,960
Aug 201603,15541.442.92$9,226
Jul 20161333,03941.622.92$14,423
Jun 20161002,73945.352.69$11,891
May 201603,57042.521.99$7,108
Apr 201603,00636.561.99$5,985
Mar 20161013433.011.79$3,395
Feb 201601826.472.06$37
Jan 201604,06727.352.36$9,616
Dec 201503,34732.362.00$6,699
Nov 201503,72138.792.17$8,065
Oct 201503,80143.552.43$9,223
Sep 2015714,45842.992.76$15,349
Aug 201504,43740.162.87$12,745
Jul 2015693,86248.152.95$14,696
Jun 201503,99756.152.88$11,523
May 2015974,49455.212.96$18,637
Apr 20151383,91249.822.71$17,463
Mar 20151093,91142.892.93$16,153
Feb 201502,54644.662.98$7,577
Jan 201503,92943.433.10$12,182
Dec 20140054.693.59$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 2026 — as filed, then multipliedworked
Condensate           101 bbl  × $ 98.93 =     $9,992
Gas                3,917 Mcf  × $  2.87 =    $11,241

────────────────────────────────────────────────────
Month total                                  $21,233

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/276012 is the state's own key, not one this site invented.