MCASHAN GAS UNIT

Operated by HUNT PETROLEUM CORPORATION (P-5 416540) in the BEAR GRASS (TRAVIS PEAK) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 139007District 05Field 064768002 tax incentive programmesCondensateGasSaveExport
Value, all time
$519 k
Jan 1993 – May 2006
Value, last 12 filed months
$2 k
at the published price for each month
Months reported
161
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 271 leases and 271 wells, and the rule below applies to all of them.

Discovered
1980-03-18
as the register files it
Field class
Gas
the register's own label
Between wells
600 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2007-09-11.

The Commission's schedule remark for this field reads: FOR PRORATION PURPOSES.

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 Gas111991-10-18123804
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
CondensateDisposition636 bbl$13,821
GasProduction499,312 Mcf$505,011
Total$518,832

330,965 Mcf of this lease's gas, across 48 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 (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 31.4346, -96.1982. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.43464, -96.19816 · 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
10,000 ft
1 wells filed one
Completion to plug
21 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 10,000 ft.

Completions filed
May 2004
1 of 1 wells
Plug dates filed
Feb 2006
1 of 1 wells

Last completion to plug: a median of 21 months across the 1 well that filed both dates, with the middle half between 21 months and 21 months. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-16131154510,000 ftMay 2004Feb 2006Yes

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 (161)

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

161 months

May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 200640056.707.08$2,268
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 20050045.226.65$0
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 200485038.286.08$3,254
Jun 20040036.106.43$0
May 2004029337.486.49$1,903
Apr 2004063434.475.86$3,714
Mar 2004063534.365.53$3,512
Feb 2004049732.455.51$2,738
Jan 2004058532.036.30$3,685
Dec 2003059530.266.30$3,749
Nov 2003050328.804.60$2,311
Oct 2003057628.174.76$2,742
Sep 2003062126.314.75$2,949
Aug 2003071429.765.13$3,663
Jul 2003072029.415.17$3,723
Jun 2003069528.565.98$4,158
May 2003073326.595.97$4,378
Apr 2003070526.675.41$3,812
Mar 2003054731.146.10$3,335
Feb 2003037533.487.93$2,972
Jan 2003048230.315.58$2,691
Dec 2002052926.914.85$2,568
Nov 2002058324.664.14$2,412
Oct 2002091126.464.23$3,853
Sep 2002080727.443.64$2,934
Aug 2002073225.963.16$2,316
Jul 2002078924.583.06$2,416
Jun 2002074923.733.34$2,500
May 2002089524.663.58$3,208
Apr 20021984223.653.51$3,407
Mar 2002092522.003.10$2,870
Feb 2002057218.222.38$1,359
Jan 200201,01017.172.38$2,399
Dec 2001059916.932.36$1,416
Nov 2001085718.072.41$2,062
Oct 200101,12419.782.53$2,842
Sep 200101,15424.262.25$2,598
Aug 200101,16024.873.05$3,542
Jul 200101,22223.933.20$3,907
Jun 200101,18824.563.82$4,543
May 200101,25425.524.31$5,401
Apr 200101,20824.685.34$6,445
Mar 200101,27024.545.38$6,828
Feb 200101,38327.755.77$7,976
Jan 200101,09027.478.40$9,155
Dec 200001,15026.889.12$10,491
Nov 200001,34232.215.66$7,593
Oct 200001,79031.235.15$9,210
Sep 200001,75831.875.19$9,118
Aug 200001,96929.644.54$8,941
Jul 200002,27328.534.09$9,296
Jun 200002,28829.304.40$10,061
May 200001,97727.263.68$7,275
Apr 200001,95924.513.12$6,104
Mar 200002,31228.422.86$6,612
Feb 200001,92727.622.73$5,254
Jan 200001,95625.272.48$4,852
Dec 199902,40424.282.42$5,827
Nov 199902,54723.192.43$6,199
Oct 199902,26520.982.80$6,350
Sep 199902,32821.752.62$6,097
Aug 1999772,60919.262.88$8,985
Jul 199902,44517.892.37$5,800
Jun 199902,74715.942.36$6,489
May 199902,82315.792.32$6,552
Apr 199903,86915.102.21$8,543
Mar 199904,09812.471.84$7,533
Feb 199902,2629.981.82$4,112
Jan 199902,37810.381.90$4,518
Dec 199802,1929.201.77$3,887
Nov 199802,84710.892.19$6,223
Oct 199803,09012.421.97$6,085
Sep 199802,79312.592.08$5,817
Aug 199803,42211.301.91$6,527
Jul 199803,26511.742.24$7,305
Jun 199803,40411.242.24$7,616
May 199802,91512.622.21$6,431
Apr 199803,18913.042.51$7,990
Mar 199803,12312.802.31$7,212
Feb 199802,82113.952.30$6,486
Jan 199803,65214.702.15$7,869
Dec 199703,43816.322.41$8,289
Nov 199703,63518.193.09$11,226
Oct 199703,64519.253.15$11,481
Sep 199702,50817.742.95$7,411
Aug 199703,62317.862.55$9,256
Jul 199703,50217.582.25$7,869
Jun 199703,46117.242.26$7,812
May 199704,00318.972.31$9,241
Apr 199703,92517.882.08$8,175
Mar 199704,09118.951.94$7,933
Feb 199703,58020.492.21$7,897
Jan 199703,98423.483.54$14,102
Dec 199604,26623.32$0
Nov 199603,82121.97$0
Oct 199604,00923.31$0
Sep 199604,71522.22$0
Aug 199604,74820.26$0
Jul 199604,24619.55$0
Jun 199604,27018.73$0
May 199605,58219.43$0
Apr 199605,52221.51$0
Mar 199604,92519.38$0
Feb 199604,83616.98$0
Jan 199604,89717.07$0
Dec 199503,68717.19$0
Nov 1995725,10516.00$1,152
Oct 199505,29815.43$0
Sep 199505,22016.18$0
Aug 199506,28915.92$0
Jul 199506,77415.24$0
Jun 199506,43316.41$0
May 199507,02117.56$0
Apr 199506,90117.73$0
Mar 199506,99916.44$0
Feb 199506,50316.58$0
Jan 199507,41015.92$0
Dec 199417,51015.03$15
Nov 199417,74115.90$16
Oct 1994158,76115.58$234
Sep 199408,23515.29$0
Aug 199429,41316.13$32
Jul 1994010,55617.56$0
Jun 199408,58917.09$0
May 199409,49215.88$0
Apr 1994110,94214.14$14
Mar 199416814,22312.46$2,093
Feb 1994010,26012.50$0
Jan 199406,00712.66$0
Dec 1993013,74912.33$0
Nov 199304,68114.49$0
Oct 199305,43515.85$0
Sep 199307,26015.03$0
Aug 199308,34515.66$0
Jul 199305,67215.46$0
Jun 199305,91016.79$0
May 199306,95117.68$0
Apr 1993106,70718.05$181
Mar 19931459,42018.14$2,630
Feb 199308,08517.90$0
Jan 199307,54416.93$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.

Mar 2006 — as filed, then multipliedworked
Condensate            40 bbl  × $ 56.70 =     $2,268
Gas                    0 Mcf  × $  7.08 =         $0

────────────────────────────────────────────────────
Month total                                   $2,268

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. 05/G/139007 is the state's own key, not one this site invented.