MCMAHON, RICHARD L.

Operated by CRATON OPERATING LLC (P-5 186717) in the BEAR GRASS (COTTON VALLEY CONS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 241795District 05Field 06476300Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.4 M
Sep 2008 – May 2026
Value, last 12 filed months
$141 k
at the published price for each month
Months reported
213
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 385 leases and 385 wells, and the rule below applies to all of them.

Discovered
2004-02-24
as the register files it
Field class
Gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2010-12-14.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: DESIGNATED AS UFT FIELD PER DOCKET 01-0299858

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 Gas112009-03-23190452
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
CondensateDisposition686 bbl$47,470
GasProduction1,069,349 Mcf$4,307,995
Total$4,355,465

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 31.4501, -96.1877. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.45013, -96.18773 · 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
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
13,348 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 13,348 ft.

Completions filed
Sep 2008
1 of 1 wells

1 well

42-16134145613,348 ftSep 2008

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 (213)

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

213 months

May 202607,473106.413.05$22,762
Apr 202607,38798.932.87$21,199
Mar 202604,65989.753.15$14,673
Feb 202603,72063.503.75$13,951
Jan 202603,87359.138.00$30,976
Dec 202504,65556.664.41$20,544
Nov 202501,83058.593.93$7,185
Oct 2025037959.383.30$1,253
Sep 2025023762.743.08$729
Aug 2025058163.933.01$1,752
Jul 2025059566.743.32$1,973
Jun 202501,14166.483.13$3,570
May 202501,54560.553.23$4,994
Apr 202502,89662.363.54$10,261
Mar 2025045967.704.27$1,959
Feb 2025030270.884.34$1,311
Jan 202501,18874.324.28$5,083
Dec 2024073868.993.12$2,304
Nov 202401,68969.052.20$3,713
Oct 202401,00671.372.28$2,295
Sep 202401,95769.612.36$4,627
Aug 202401,18275.632.06$2,439
Jul 20240779.932.15$15
Jun 2024057078.082.63$1,501
May 202401,25378.812.20$2,755
Apr 202401,29484.451.66$2,147
Mar 202401,67780.301.55$2,591
Feb 202402,03776.091.78$3,633
Jan 2024035573.023.30$1,171
Dec 2023055171.262.61$1,439
Nov 2023046377.892.81$1,300
Oct 2023060985.443.09$1,880
Sep 2023085689.042.74$2,341
Aug 2023059780.522.67$1,596
Jul 2023044074.852.64$1,162
Jun 2023065368.962.26$1,475
May 202301,05170.622.23$2,341
Apr 2023046478.122.24$1,038
Mar 2023032672.852.39$780
Feb 2023083375.112.47$2,054
Jan 202301,31176.533.39$4,441
Dec 2022049976.415.73$2,859
Nov 2022065785.005.65$3,710
Oct 2022052487.185.86$3,073
Sep 2022080284.888.16$6,547
Aug 2022030394.529.13$2,766
Jul 20220895101.587.54$6,750
Jun 202201,396115.097.98$11,136
May 202201,575109.378.43$13,282
Apr 202201,402104.226.84$9,586
Mar 202201,369108.885.08$6,950
Feb 202201,01891.054.86$4,946
Jan 2022066081.844.54$2,995
Dec 202101,66971.323.90$6,508
Nov 2021013077.435.24$681
Oct 2021076679.795.71$4,377
Sep 202101,24369.865.35$6,651
Aug 202102,15966.024.22$9,112
Jul 2021705,67470.783.98$27,549
Jun 202102,59369.493.38$8,766
May 202102,68063.483.02$8,087
Apr 202101,16260.362.76$3,205
Mar 202102,09261.302.72$5,684
Feb 2021020657.805.55$1,143
Jan 202102,07550.412.81$5,831
Dec 202002,91544.642.68$7,799
Nov 2020261,32538.772.71$4,594
Oct 202001,66236.972.48$4,119
Sep 202001,41837.091.99$2,823
Aug 202001,88339.982.39$4,491
Jul 202001,96238.371.83$3,581
Jun 202003,57934.901.69$6,050
May 202004,35316.921.81$7,900
Apr 202004,13614.751.80$7,463
Mar 202002,24830.341.86$4,173
Feb 202004,68349.881.98$9,275
Jan 202005,58457.252.09$11,697
Dec 201905,72259.012.30$13,186
Nov 201904,84655.302.75$13,330
Oct 201904,46453.472.42$10,796
Sep 201903,93855.052.66$10,464
Aug 201904,56353.112.30$10,515
Jul 201904,82156.272.46$11,860
Jun 201904,09952.782.49$10,211
May 201904,23158.482.74$11,594
Apr 201904,34162.632.75$11,941
Mar 201903,84556.803.06$11,774
Feb 201902,27650.852.79$6,355
Jan 201902,96946.033.23$9,584
Dec 201802,36846.594.19$9,911
Nov 201801,45552.934.24$6,165
Oct 201802,73161.443.40$9,280
Sep 201804,65859.543.11$14,477
Aug 201805,70259.403.07$17,486
Jul 201804,24165.142.93$12,434
Jun 201806,08960.183.08$18,735
May 201806,72965.382.90$19,519
Apr 201805,05563.842.90$14,664
Mar 2018745,48861.222.79$19,824
Feb 201803,99061.782.77$11,037
Jan 201804,48962.874.01$17,998
Dec 201705,30057.272.92$15,484
Nov 201704,03055.423.12$12,567
Oct 201704,55649.292.98$13,594
Sep 201704,06747.523.09$12,556
Aug 201705,42645.373.00$16,302
Jul 201705,10743.873.09$15,767
Jun 201701,65842.493.09$5,119
May 2017091545.373.26$2,986
Apr 201702,64847.933.21$8,504
Mar 201702,83646.772.98$8,462
Feb 201707,22850.452.95$21,341
Jan 201702,83849.413.42$9,703
Dec 201602,43448.763.72$9,061
Nov 201602,55842.492.64$6,764
Oct 201603,39046.193.09$10,476
Sep 201603,59441.553.10$11,144
Aug 201603,79541.442.92$11,098
Jul 2016444,76041.622.92$15,751
Jun 201605,51745.352.69$14,818
May 201605,79242.521.99$11,532
Apr 201607,09136.561.99$14,118
Mar 201608,23233.011.79$14,768
Feb 201606,59226.472.06$13,603
Jan 201605,87327.352.36$13,886
Dec 201505,28732.362.00$10,581
Nov 201506,44638.792.17$13,971
Oct 201509,21043.552.43$22,349
Sep 201501,01842.992.76$2,808
Aug 201501,96040.162.87$5,630
Jul 201502,10948.152.95$6,211
Jun 201501,94256.152.88$5,599
May 201501,94355.212.96$5,742
Apr 2015472,20449.822.71$8,307
Mar 201502,22642.892.93$6,533
Feb 201502,74644.662.98$8,173
Jan 201504,15943.433.10$12,896
Dec 201403,65954.693.59$13,141
Nov 201403,40670.464.25$14,482
Oct 201403,25878.303.90$12,709
Sep 201403,15886.164.05$12,776
Aug 201403,95689.394.04$15,963
Jul 201406,24596.564.18$26,102
Jun 201408,03998.164.74$38,080
May 201415,10394.734.73$24,214
Apr 201404,96695.944.81$23,882
Mar 201404,65295.895.06$23,524
Feb 201404,83697.406.19$29,945
Jan 2014525,07990.404.86$29,388
Dec 201305,50091.824.35$23,950
Nov 201304,84788.853.74$18,119
Oct 201304,46997.423.78$16,890
Sep 201304,493104.113.72$16,704
Aug 201304,545104.253.52$16,010
Jul 201305,568102.523.72$20,700
Jun 201304,93194.403.93$19,396
May 201305,50194.834.15$22,824
Apr 201304,66193.964.28$19,961
Mar 2013485,84393.623.91$27,357
Feb 201304,36991.233.42$14,942
Jan 201305,09891.603.42$17,435
Dec 201204,79286.773.42$16,389
Nov 201204,43786.953.62$16,084
Oct 201204,82589.383.40$16,403
Sep 201204,86994.672.92$14,210
Aug 201205,31092.662.91$15,442
Jul 201206,84785.133.02$20,683
Jun 201206,72279.822.52$16,933
May 201227,37291.612.49$18,527
Apr 201205,225101.652.00$10,433
Mar 201204,315105.052.22$9,588
Feb 201218,571101.102.57$22,131
Jan 201205,96998.092.73$16,320
Dec 201107,49596.873.24$24,282
Nov 201107,59695.723.31$25,152
Oct 2011628,18184.983.65$35,117
Sep 201107,08483.623.99$28,235
Aug 201107,86683.404.15$32,639
Jul 201104,74694.144.52$21,439
Jun 201115,90892.904.64$27,505
May 201103,68398.134.40$16,223
Apr 201107,190105.964.33$31,156
Mar 201106,95996.364.06$28,235
Feb 201107,64685.644.18$31,960
Jan 201106,24386.504.59$28,648
Dec 201008,02785.734.35$34,899
Nov 201007,86680.843.80$29,854
Oct 201008,42678.103.51$29,566
Sep 201008,80972.633.98$35,055
Aug 2010619,38473.684.42$45,966
Jul 20105710,68372.554.74$54,735
Jun 201017,86370.364.91$38,681
May 2010010,09371.124.24$42,746
Apr 201007,47381.694.12$30,809
Mar 201005,00378.394.39$21,957
Feb 201007,51273.585.44$40,883
Jan 2010010,20974.365.96$60,887
Dec 200909,75271.445.48$53,478
Nov 2009010,17874.593.75$38,183
Oct 200907,67972.544.11$31,563
Sep 2009012,91465.543.06$39,578
Aug 200912214,45467.423.22$54,745
Jul 2009014,20561.133.46$49,213
Jun 2009015,50366.163.90$60,384
May 2009017,36254.743.93$68,159
Apr 2009022,11246.773.59$79,327
Mar 2009022,59742.144.06$91,721
Feb 2009016,93132.814.63$78,441
Jan 2009018,42135.865.37$98,939
Dec 2008018,92937.105.98$113,141
Nov 20081721,89755.496.86$151,165
Oct 2008038,08275.246.92$263,603
Sep 2008056,219101.767.88$442,842

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 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $106.41 =         $0
Gas                7,473 Mcf  × $  3.05 =    $22,762

────────────────────────────────────────────────────
Month total                                  $22,762

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/241795 is the state's own key, not one this site invented.