STATE MCCRARY UNIT

Operated by MCCRARY OIL COMPANY, INC. (P-5 543530) in the CALVERT field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 3249District 05Field 14922001OilCasinghead gasSaveExport
Value, all time
$642 k
Jan 1993 – Nov 2012
Value, last 12 filed months
$13 k
at the published price for each month
Months reported
239
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 7 leases and 52 wells, and the rule below applies to all of them.

Discovered
1944-10-24
as the register files it
Field class
Oil
the register's own label
Between wells
467 ft
minimum
From a lease line
233 ft
minimum

A drilling unit in this field needs at least 10 acres. The field rule took effect on 1986-05-01.

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
OilDisposition17,807 bbl$641,953
Casinghead gasProduction196 Mcf$307
Total$642,260

96 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.

Every month this lease reported (239)

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

239 months

Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 20121290101.652.00$13,113
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 2011174098.134.40$17,075
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 2011157085.644.18$13,445
Jan 20110086.504.59$0
Dec 2010177085.734.35$15,174
Nov 20100080.843.80$0
Oct 2010167078.103.51$13,043
Sep 2010173072.633.98$12,565
Aug 2010174073.684.42$12,820
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 2009177071.445.48$12,645
Nov 20090074.593.75$0
Oct 2009165072.544.11$11,969
Sep 20090065.543.06$0
Aug 2009176067.423.22$11,866
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 2009172046.773.59$8,044
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 2009162035.865.37$5,809
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 2008173075.246.92$13,017
Sep 200800101.767.88$0
Aug 20081770114.228.48$20,217
Jul 200800131.0811.39$0
Jun 20081730131.3313.03$22,720
May 200800123.1711.57$0
Apr 20081680110.3110.45$18,532
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 2008156090.388.21$14,099
Dec 20070088.337.30$0
Nov 2007167091.677.29$15,309
Oct 20070082.856.92$0
Sep 2007167075.846.24$12,665
Aug 20070069.066.39$0
Jul 2007161070.906.39$11,415
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 2007159059.617.81$9,478
Mar 20070056.927.30$0
Feb 2007158055.108.22$8,706
Jan 20070050.306.73$0
Dec 2006162056.656.92$9,177
Nov 20060054.207.62$0
Oct 2006162054.906.01$8,894
Sep 20060060.085.04$0
Aug 2006163068.717.34$11,200
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 2006169066.016.42$11,156
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 2006170057.597.75$9,790
Jan 20060060.598.93$0
Dec 2005168054.9413.42$9,230
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 2005174061.4512.08$10,692
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 2005175052.337.38$9,158
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 2005144050.377.15$7,253
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 2004122039.866.75$4,863
Nov 20040245.286.33$13
Oct 20040249.706.52$13
Sep 2004173243.245.28$7,491
Aug 20040042.375.55$0
Jul 2004163038.286.08$6,240
Jun 20040036.106.43$0
May 2004178037.486.49$6,671
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 2004163032.036.30$5,221
Dec 20030030.266.30$0
Nov 2003172028.804.60$4,954
Oct 20030028.174.76$0
Sep 2003177026.314.75$4,657
Aug 20030029.765.13$0
Jul 2003168029.415.17$4,941
Jun 2003177028.565.98$5,055
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 2003174031.146.10$5,418
Feb 20030033.487.93$0
Jan 200311030.315.58$333
Dec 2002147026.914.85$3,956
Nov 20020024.664.14$0
Oct 2002168026.464.23$4,445
Sep 20020027.443.64$0
Aug 2002169025.963.16$4,387
Jul 20020024.583.06$0
Jun 2002173023.733.34$4,105
May 20020024.663.58$0
Apr 2002163023.653.51$3,855
Mar 20020022.003.10$0
Feb 2002157018.222.38$2,861
Jan 20020017.172.38$0
Dec 2001167016.932.36$2,827
Nov 20010018.072.41$0
Oct 2001162019.782.53$3,204
Sep 2001171024.262.25$4,148
Aug 20010024.873.05$0
Jul 2001170023.933.20$4,068
Jun 20010024.563.82$0
May 2001180025.524.31$4,594
Apr 2001164024.685.34$4,048
Mar 20010024.545.38$0
Feb 2001160027.755.77$4,440
Jan 20010027.478.40$0
Dec 20000226.889.12$18
Nov 20000232.215.66$11
Oct 2000175231.235.15$5,476
Sep 2000173231.875.19$5,524
Aug 20000229.644.54$9
Jul 20000228.534.09$8
Jun 2000176229.304.40$5,166
May 20000227.263.68$7
Apr 2000167224.513.12$4,099
Mar 20000228.422.86$6
Feb 2000160227.622.73$4,425
Jan 20000225.272.48$5
Dec 1999175224.282.42$4,254
Nov 19990223.192.43$5
Oct 1999160220.982.80$3,362
Sep 19990221.752.62$5
Aug 1999171219.262.88$3,299
Jul 19990217.892.37$5
Jun 1999163215.942.36$2,603
May 19990215.792.32$5
Apr 19990215.102.21$4
Mar 1999166212.471.84$2,074
Feb 1999029.981.82$4
Jan 1999163210.381.90$1,696
Dec 1998029.201.77$4
Nov 1998181210.892.19$1,975
Oct 1998175212.421.97$2,177
Sep 19980212.592.08$4
Aug 1998163211.301.91$1,846
Jul 1998166211.742.24$1,953
Jun 19980211.242.24$4
May 1998162212.622.21$2,049
Apr 1998172213.042.51$2,248
Mar 1998165212.802.31$2,117
Feb 19980213.952.30$5
Jan 1998178214.702.15$2,621
Dec 1997183216.322.41$2,991
Nov 19970218.193.09$6
Oct 1997177219.253.15$3,414
Sep 19970217.742.95$6
Aug 1997180217.862.55$3,220
Jul 19970217.582.25$4
Jun 19970217.242.26$5
May 19970018.972.31$0
Apr 1997356217.882.08$6,369
Mar 19970218.951.94$4
Feb 19970220.492.21$4
Jan 19970223.483.54$7
Dec 1996323223.32$7,532
Nov 19960221.97$0
Oct 19960223.31$0
Sep 1996155222.22$3,444
Aug 19960220.26$0
Jul 19960219.55$0
Jun 19960218.73$0
May 1996165219.43$3,206
Apr 19960221.51$0
Mar 1996145219.38$2,810
Feb 19960216.98$0
Jan 1996154217.07$2,629
Dec 1995177217.19$3,043
Nov 19950216.00$0
Oct 1995175215.43$2,700
Sep 19950216.18$0
Aug 1995173215.92$2,754
Jul 19950215.24$0
Jun 1995166216.41$2,724
May 1995170217.56$2,985
Apr 19950217.73$0
Mar 1995169216.44$2,778
Feb 19950216.58$0
Jan 1995349215.92$5,556
Dec 19940215.03$0
Nov 19940215.90$0
Oct 1994173215.58$2,695
Sep 19940215.29$0
Aug 1994174216.13$2,807
Jul 1994172217.56$3,020
Jun 19940217.09$0
May 1994174215.88$2,763
Apr 19940214.14$0
Mar 1994166212.46$2,068
Feb 19940212.50$0
Jan 1994175212.66$2,216
Dec 19930212.33$0
Nov 1993341214.49$4,941
Oct 19930215.85$0
Sep 19930215.03$0
Aug 1993172215.66$2,694
Jul 1993171215.46$2,644
Jun 19930216.79$0
May 1993176217.68$3,112
Apr 19930218.05$0
Mar 1993163218.14$2,957
Feb 1993175217.90$3,133
Jan 1993169216.93$2,861

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 2012 — as filed, then multipliedworked
Oil                  129 bbl  × $101.65 =    $13,113
Casinghead gas         0 Mcf  × $  2.00 =         $0

────────────────────────────────────────────────────
Month total                                  $13,113

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/O/3249 is the state's own key, not one this site invented.