MCCANN, G. H.

Operated by CONTINENTAL TREND RESOURCES, INC (P-5 173783) in the ARNOLD-DAVID (CHAPMAN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 4900District 04Field 03776200OilCasinghead gasSaveExport
Value, all time
$263 k
Jan 1993 – Sep 2008
Value, last 12 filed months
$0
at the published price for each month
Months reported
189
no gaps in the span
Streams
2
oil, casinghead 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 29 leases and 90 wells, and the rule below applies to all of them.

Discovered
1960-08-09
as the register files it
Field class
Oil and gas
the register's own label
Between wells
933 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 40 acres.

The Commission's schedule remark for this field reads: PROD. ACRES HRG. 4-14-64

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
OilDisposition14,212 bbl$263,415
Casinghead gasProduction135 Mcf$0
Total$263,415

135 Mcf of this lease's gas, across 1 month, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

Wells on this lease (5)

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 27.5871, -97.5869. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.5 miles.

27.58765, -97.58710 · 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%
5 of 5 wells
With a plug date
100.0%
5 of 5 wells
Median depth
6,198 ft
5 wells filed one
Completion to plug
19.7 years
median over 5 wells

What the state filed about each well

On the RRC proration schedule
5100.0%
A plug date is filed
5100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
5100.0%
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

Between 6,190 and 11,170 ft, median 6,198 ft, over the 5 wells that filed a depth.

Completions filed
Dec 1960 – Aug 1997
5 of 5 wells
Plug dates filed
Oct 1996 – Jun 2008
5 of 5 wells

Last completion to plug: a median of 19.7 years across the 5 wells that filed both dates, with the middle half between 13.6 years and 26.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

5 wells

42-355315273811,170 ftAug 1997Jun 2008Yes
42-35503849246,195 ftJul 1984Feb 1998Yes
42-35503948216,198 ftOct 1979Feb 2006Yes
42-35503950236,210 ftFeb 1977Oct 1996Yes
42-35503949226,190 ftDec 1960Oct 1996Yes

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 (189)

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

189 months

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 20070069.066.39$0
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 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
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 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 200512045.226.65$543
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 200126016.932.36$440
Nov 20010018.072.41$0
Oct 20016019.782.53$119
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 2001186024.563.82$4,568
May 200127025.524.31$689
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 20000029.304.40$0
May 2000195027.263.68$5,316
Apr 20000024.513.12$0
Mar 20000028.422.86$0
Feb 20000027.622.73$0
Jan 20000025.272.48$0
Dec 19990024.282.42$0
Nov 19990023.192.43$0
Oct 19990020.982.80$0
Sep 19990021.752.62$0
Aug 19990019.262.88$0
Jul 19990017.892.37$0
Jun 19990015.942.36$0
May 199986015.792.32$1,358
Apr 19990015.102.21$0
Mar 1999158012.471.84$1,970
Feb 1999009.981.82$0
Jan 19990010.381.90$0
Dec 19985109.201.77$469
Nov 1998164010.892.19$1,786
Oct 1998191012.421.97$2,372
Sep 199896012.592.08$1,209
Aug 1998116011.301.91$1,311
Jul 1998218011.742.24$2,559
Jun 1998128011.242.24$1,439
May 199871012.622.21$896
Apr 1998286013.042.51$3,729
Mar 1998439012.802.31$5,619
Feb 1998440013.952.30$6,138
Jan 1998323014.702.15$4,748
Dec 1997499016.322.41$8,144
Nov 1997260018.193.09$4,729
Oct 1997500019.253.15$9,625
Sep 1997562017.742.95$9,970
Aug 1997312017.862.55$5,572
Jul 1997287017.582.25$5,045
Jun 1997334017.242.26$5,758
May 1997584018.972.31$11,078
Apr 1997571017.882.08$10,209
Mar 1997561018.951.94$10,631
Feb 1997553020.492.21$11,331
Jan 1997371023.483.54$8,711
Dec 1996445023.32$10,377
Nov 1996558021.97$12,259
Oct 1996557023.31$12,984
Sep 1996184022.22$4,088
Aug 1996521020.26$10,555
Jul 1996679019.55$13,274
Jun 1996546018.73$10,227
May 1996900019.43$17,487
Apr 1996412021.51$8,862
Mar 1996702019.38$13,605
Feb 19969513516.98$1,613
Jan 19960017.07$0
Dec 19950017.19$0
Nov 19950016.00$0
Oct 19950015.43$0
Sep 19950016.18$0
Aug 19950015.92$0
Jul 19950015.24$0
Jun 19950016.41$0
May 19950017.56$0
Apr 19950017.73$0
Mar 19950016.44$0
Feb 19950016.58$0
Jan 19950015.92$0
Dec 19940015.03$0
Nov 19940015.90$0
Oct 19940015.58$0
Sep 19940015.29$0
Aug 19940016.13$0
Jul 19940017.56$0
Jun 19940017.09$0
May 19940015.88$0
Apr 19940014.14$0
Mar 19940012.46$0
Feb 19940012.50$0
Jan 19940012.66$0
Dec 19930012.33$0
Nov 19930014.49$0
Oct 19930015.85$0
Sep 19930015.03$0
Aug 19930015.66$0
Jul 19930015.46$0
Jun 19930016.79$0
May 19930017.68$0
Apr 19930018.05$0
Mar 19930018.14$0
Feb 19930017.90$0
Jan 19930016.93$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.

May 2005 — as filed, then multipliedworked
Oil                   12 bbl  × $ 45.22 =       $543
Casinghead gas         0 Mcf  × $  6.65 =         $0

────────────────────────────────────────────────────
Month total                                     $543

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/O/4900 is the state's own key, not one this site invented.