MCILVEEN GAS UNIT

Operated by XTO ENERGY INC. (P-5 945936) in the CHENEYBORO (COTTON VALLEY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 243518District 05Field 174275002 tax incentive programmesCondensateGasSaveExport
Value, all time
$355 k
Apr 2008 – Nov 2012
Value, last 12 filed months
$25 k
at the published price for each month
Months reported
56
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 98 leases and 104 wells, and the rule below applies to all of them.

Discovered
1978-02-13
as the register files it
Field class
Oil and 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 160 acres. The field rule took effect on 2013-05-07.

The Commission's schedule remark for this field reads: ALLOCATION FORMULA REMAINS SUSPENDED.

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 Gas112009-04-09190839
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
CondensateDisposition1,360 bbl$84,880
GasProduction68,240 Mcf$270,521
Total$355,401

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 31.8750, -96.3526. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.87501, -96.35264 · 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
9,990 ft
1 wells filed one
Completion to plug
3.5 years
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 9,990 ft.

Completions filed
Feb 2009
1 of 1 wells
Plug dates filed
Aug 2012
1 of 1 wells

Last completion to plug: a median of 3.5 years across the 1 well that filed both dates, with the middle half between 3.5 years and 3.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-3493482419,990 ftFeb 2009Aug 2012Yes

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 (56)

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

56 months

Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 201270194.672.92$6,630
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 201202191.612.49$52
Apr 201200101.652.00$0
Mar 201217711105.052.22$18,618
Feb 2012010101.102.57$26
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 201103595.723.31$116
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 201102183.404.15$87
Jul 201101594.144.52$68
Jun 201101692.904.64$74
May 20110098.134.40$0
Apr 2011018105.964.33$78
Mar 20110996.364.06$37
Feb 20110085.644.18$0
Jan 201105486.504.59$248
Dec 2010021585.734.35$935
Nov 2010022780.843.80$862
Oct 2010068978.103.51$2,418
Sep 201001,15672.633.98$4,600
Aug 201001,51973.684.42$6,713
Jul 201001,56472.554.74$7,408
Jun 201001,78270.364.91$8,750
May 201002,21271.124.24$9,368
Apr 201012,05681.694.12$8,558
Mar 2010060878.394.39$2,668
Feb 2010033573.585.44$1,823
Jan 2010057574.365.96$3,429
Dec 200901,95671.445.48$10,726
Nov 20091882,31274.593.75$22,696
Oct 200903,14772.544.11$12,935
Sep 200904,21365.543.06$12,912
Aug 200903,94267.423.22$12,687
Jul 20091834,80361.133.46$27,827
Jun 200905,33866.163.90$20,792
May 20091816,93454.743.93$37,129
Apr 20091888,24946.773.59$38,386
Mar 20093719,92542.144.06$55,920
Feb 200914,27232.814.63$19,825
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
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

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.

Sep 2012 — as filed, then multipliedworked
Condensate            70 bbl  × $ 94.67 =     $6,627
Gas                    1 Mcf  × $  2.92 =         $3

────────────────────────────────────────────────────
Month total                                   $6,630

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/243518 is the state's own key, not one this site invented.