MCGILL BROS.

Operated by EXXON MOBIL CORPORATION (P-5 257128) in the KELSEY, DEEP (ZONE 15-K) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 7040District 04Field 48631104NGPA filingOilCasinghead gasSaveExport
Value, all time
$97 k
Jan 1993 – Jun 2000
Value, last 12 filed months
$0
at the published price for each month
Months reported
90
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 1 leases and 5 wells, and the rule below applies to all of them.

Discovered
1967-08-18
as the register files it
Field class
Oil
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: (FRIO CONSOL) FIELD 48630030 EFFECTIVE 2-1-00.

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
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
OilDisposition5,954 bbl$95,411
Casinghead gasProduction8,466 Mcf$1,145
Total$96,556

7,971 Mcf of this lease's gas, across 38 months, 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 26.8224, -98.4045. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.8 miles.

26.82136, -98.40480 · 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
80.0%
4 of 5 wells
Median depth
6,400 ft
5 wells filed one
Completion to plug
8.3 years
median over 4 wells

What the state filed about each well

On the RRC proration schedule
5100.0%
A plug date is filed
480.0%
BothOn the schedule and plugged. Neither fact cancels the other.
480.0%
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 6,400 and 6,450 ft, median 6,400 ft, over the 5 wells that filed a depth.

Completions filed
Mar 1982 – Jan 1998
5 of 5 wells
Plug dates filed
Feb 1992 – Aug 2011
4 of 5 wells; 1 filed none

Last completion to plug: a median of 8.3 years across the 4 wells that filed both dates, with the middle half between 6.7 years and 11.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

5 wells

42-04701635390 F6,400 ftJan 1998Yes
42-04701628382 H6,450 ftDec 1997Aug 2004Yes
42-04701625383 F6,400 ftAug 1993Aug 2011Yes
42-04701627384 D6,400 ftDec 1988Jun 1995Yes
42-047010051646,400 ftMar 1982Feb 1992Yes

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 (90)

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

90 months

Jun 20000029.304.40$0
May 20000027.263.68$0
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 19990015.792.32$0
Apr 19990015.102.21$0
Mar 19990012.471.84$0
Feb 1999009.981.82$0
Jan 19990010.381.90$0
Dec 1998009.201.77$0
Nov 19980010.892.19$0
Oct 19980012.421.97$0
Sep 19980012.592.08$0
Aug 19980011.301.91$0
Jul 19980011.742.24$0
Jun 19980011.242.24$0
May 19980012.622.21$0
Apr 19981013.042.51$13
Mar 19988012.802.31$102
Feb 199840613.952.30$572
Jan 199858814.702.15$870
Dec 1997532816.322.41$932
Nov 199777918.193.09$1,428
Oct 199760819.253.15$1,180
Sep 199759717.742.95$1,067
Aug 1997781417.862.55$1,429
Jul 1997951917.582.25$1,713
Jun 19977239617.242.26$2,135
May 19970018.972.31$0
Apr 19970017.882.08$0
Mar 19970018.951.94$0
Feb 19970020.492.21$0
Jan 19970023.483.54$0
Dec 19960023.32$0
Nov 19960021.97$0
Oct 19960023.31$0
Sep 19960022.22$0
Aug 19960020.26$0
Jul 19960019.55$0
Jun 19960018.73$0
May 19960019.43$0
Apr 19961021.51$22
Mar 19968019.38$155
Feb 19968411716.98$1,426
Jan 19961193017.07$2,031
Dec 199511224117.19$1,925
Nov 19951021116.00$1,632
Oct 1995871115.43$1,342
Sep 19958618816.18$1,391
Aug 19959825815.92$1,560
Jul 199511010515.24$1,676
Jun 1995856616.41$1,395
May 199514810517.56$2,599
Apr 199516057717.73$2,837
Mar 199518171716.44$2,976
Feb 199510097016.58$1,658
Jan 199517856915.92$2,834
Dec 199417165915.03$2,570
Nov 199419559515.90$3,101
Oct 199416856015.58$2,617
Sep 199420033515.29$3,058
Aug 1994242116.13$3,903
Jul 199424114617.56$4,232
Jun 1994183117.09$3,127
May 19942141,34115.88$3,398
Apr 1994141114.14$1,994
Mar 1994131112.46$1,632
Feb 1994113112.50$1,413
Jan 1994119112.66$1,507
Dec 1993126112.33$1,554
Nov 19933134214.49$4,535
Oct 199312831215.85$2,029
Sep 1993116115.03$1,743
Aug 1993122115.66$1,911
Jul 1993110115.46$1,701
Jun 1993107116.79$1,797
May 1993116117.68$2,051
Apr 1993112118.05$2,022
Mar 1993131118.14$2,376
Feb 199385117.90$1,522
Jan 1993110116.93$1,862

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 1998 — as filed, then multipliedworked
Oil                    1 bbl  × $ 13.04 =        $13
Casinghead gas         0 Mcf  × $  2.51 =         $0

────────────────────────────────────────────────────
Month total                                      $13

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/7040 is the state's own key, not one this site invented.