MCRAE, BLANCHE

Operated by SHERIDAN PRODUCTION COMPANY, LLC (P-5 775854) in the CARTHAGE (COTTON VALLEY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 139179District 06Field 160321742 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.3 M
Jan 1993 – Oct 2016
Value, last 12 filed months
$0
at the published price for each month
Months reported
286
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 4,104 leases and 4,104 wells, and the rule below applies to all of them.

Discovered
1968-05-01
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 40 acres. The field rule took effect on 2011-02-08.

The Commission's schedule remark for this field reads: FIELD. EFFECTIVE 4/12/16.

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 Gas111992-05-29125354
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
CondensateDisposition6,648 bbl$180,696
GasProduction362,814 Mcf$1,083,592
Total$1,264,288

145,189 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 32.0443, -94.3570. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.04430, -94.35699 · 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
0.0%
0 of 1 wells
Median depth
9,625 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
1100.0%
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.
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 9,625 ft.

Completions filed
Oct 2016
1 of 1 wells

1 well

42-3653248549,625 ftOct 2016Yes

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 (286)

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

286 months

Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 201401594.734.73$71
Apr 20140395.944.81$14
Mar 201402095.895.06$101
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201307104.253.52$25
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 201301993.964.28$81
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 201201785.133.02$51
Jun 20120079.822.52$0
May 20120991.612.49$22
Apr 201200101.652.00$0
Mar 2012067105.052.22$149
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 201101283.623.99$48
Aug 201105083.404.15$207
Jul 20110794.144.52$32
Jun 20110392.904.64$14
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110586.504.59$23
Dec 20100585.734.35$22
Nov 201001380.843.80$49
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100872.554.74$38
Jun 201001470.364.91$69
May 201002671.124.24$110
Apr 201001681.694.12$66
Mar 201005978.394.39$259
Feb 201008673.585.44$468
Jan 201002174.365.96$125
Dec 2009013271.445.48$724
Nov 2009023374.593.75$874
Oct 2009124872.544.11$1,092
Sep 20093929965.543.06$3,472
Aug 20091632167.423.22$2,112
Jul 20092141661.133.46$2,725
Jun 20092953066.163.90$3,983
May 20094055054.743.93$4,349
Apr 20095558146.773.59$4,657
Mar 20098073942.144.06$6,371
Feb 20093326132.814.63$2,292
Jan 20097875035.865.37$6,825
Dec 20087471937.105.98$7,043
Nov 20085466555.496.86$7,559
Oct 2008042875.246.92$2,963
Sep 20080260101.767.88$2,048
Aug 20080344114.228.48$2,918
Jul 20080198131.0811.39$2,255
Jun 20080157131.3313.03$2,046
May 20080168123.1711.57$1,944
Apr 20080293110.3110.45$3,063
Mar 20080216101.909.66$2,087
Feb 20080592.538.77$44
Jan 20080390.388.21$25
Dec 200709188.337.30$664
Nov 200708791.677.29$634
Oct 2007148982.856.92$3,468
Sep 200721,78575.846.24$11,298
Aug 2007284,29869.066.39$29,389
Jul 2007112,34970.906.39$15,785
Jun 2007171,10562.007.55$9,395
May 2007261,67558.747.85$14,670
Apr 2007171,58359.617.81$13,369
Mar 2007251,74856.927.30$14,187
Feb 2007221,55755.108.22$14,005
Jan 2007221,53650.306.73$11,439
Dec 20061291356.656.92$6,996
Nov 2006181,50654.207.62$12,448
Oct 2006141,35954.906.01$8,941
Sep 2006151,08660.085.04$6,372
Aug 20061496968.717.34$8,074
Jul 2006191,44869.376.34$10,502
Jun 2006191,43266.286.38$10,401
May 20061698066.016.42$7,353
Apr 2006421,66964.397.36$14,989
Mar 2006531,94456.707.08$16,774
Feb 2006451,62557.597.75$15,187
Jan 2006462,03260.598.93$20,940
Dec 2005482,59554.9413.42$37,450
Nov 200502,06654.6910.59$21,876
Oct 200501,79958.3413.80$24,819
Sep 200502,11861.4512.08$25,583
Aug 200502,29361.519.80$22,464
Jul 200502,20255.697.84$17,272
Jun 200501,95852.337.38$14,452
May 200502,30345.226.65$15,318
Apr 200502,68449.207.36$19,756
Mar 200501,63150.377.15$11,670
Feb 200501,72145.226.31$10,863
Jan 200501,08043.166.32$6,828
Dec 200401,06939.866.75$7,217
Nov 200401,49645.286.33$9,470
Oct 2004089649.706.52$5,838
Sep 2004083943.245.28$4,433
Aug 2004472,23042.375.55$14,369
Jul 2004341,40038.286.08$9,819
Jun 2004271,04336.106.43$7,684
May 2004472,10637.486.49$15,439
Apr 2004511,79834.475.86$12,291
Mar 2004642,20134.365.53$14,371
Feb 2004862,99132.455.51$19,270
Jan 2004782,31532.036.30$17,082
Dec 2003982,76330.266.30$20,377
Nov 200364,58528.804.60$21,242
Oct 2003164228.174.76$3,084
Sep 200331,53126.314.75$7,350
Aug 2003173829.765.13$3,815
Jul 2003180829.415.17$4,207
Jun 200332,13628.565.98$12,865
May 2003174826.595.97$4,494
Apr 200311,47326.675.41$7,992
Mar 2003981,90731.146.10$14,677
Feb 2003361,10633.487.93$9,971
Jan 2003521,94030.315.58$12,405
Dec 2002241,29326.914.85$6,922
Nov 20021072524.664.14$3,246
Oct 2002182,03126.464.23$9,066
Sep 200201,55527.443.64$5,653
Aug 200201,77725.963.16$5,623
Jul 200202,44524.583.06$7,486
Jun 200221,87623.733.34$6,310
May 2002122,16224.663.58$8,045
Apr 2002131,68223.653.51$6,215
Mar 2002201,47522.003.10$5,017
Feb 2002151,51018.222.38$3,861
Jan 20021751,48717.172.38$6,537
Dec 20012201,33916.932.36$6,891
Nov 20011711,12918.072.41$5,806
Oct 200101,20519.782.53$3,047
Sep 200101,53024.262.25$3,445
Aug 200101,86924.873.05$5,706
Jul 2001084823.933.20$2,711
Jun 200101,98224.563.82$7,579
May 200101,83425.524.31$7,900
Apr 200102,42024.685.34$12,911
Mar 2001051524.545.38$2,769
Feb 20019252927.755.77$5,604
Jan 200125659527.478.40$12,030
Dec 20002831,04726.889.12$17,158
Nov 200023498532.215.66$13,110
Oct 20003471,15031.235.15$16,754
Sep 2000891,61731.875.19$11,223
Aug 200022,52329.644.54$11,516
Jul 2000113628.534.09$585
Jun 200019829.304.40$460
May 2000113127.263.68$509
Apr 2000045624.513.12$1,421
Mar 2000193128.422.86$2,691
Feb 200011,11427.622.73$3,065
Jan 200021,35125.272.48$3,402
Dec 1999146024.282.42$1,139
Nov 1999163323.192.43$1,564
Oct 199911,48620.982.80$4,187
Sep 199911,54521.752.62$4,068
Aug 199911,87019.262.88$5,397
Jul 199921,92617.892.37$4,605
Jun 199921,85815.942.36$4,421
May 199922,26015.792.32$5,277
Apr 199911,66515.102.21$3,692
Mar 199922,10712.471.84$3,898
Feb 199911,3799.981.82$2,517
Jan 199911,30510.381.90$2,490
Dec 199821,8659.201.77$3,326
Nov 199821,98010.892.19$4,350
Oct 199811,50312.421.97$2,972
Sep 199811,95912.592.08$4,092
Aug 199822,54611.301.91$4,879
Jul 199822,40311.742.24$5,400
Jun 199811,11211.242.24$2,499
May 199811,16312.622.21$2,579
Apr 199811,01513.042.51$2,556
Mar 199811,08212.802.31$2,512
Feb 1998199813.952.30$2,308
Jan 199821,72414.702.15$3,744
Dec 1997191,79716.322.41$4,643
Nov 19971021,94518.193.09$7,862
Oct 199702,23919.253.15$7,052
Sep 199701,90517.742.95$5,629
Aug 199701,99817.862.55$5,104
Jul 199701,08117.582.25$2,429
Jun 19971701,50017.242.26$6,317
May 199701,94218.972.31$4,483
Apr 199702,12517.882.08$4,426
Mar 199702,40118.951.94$4,656
Feb 19971622,22720.492.21$8,232
Jan 199701,79423.483.54$6,350
Dec 199601,32723.32$0
Nov 199603,02721.97$0
Oct 199601,07823.31$0
Sep 199602,34222.22$0
Aug 1996050420.26$0
Jul 19961682,15119.55$3,284
Jun 199602,60918.73$0
May 199602,63419.43$0
Apr 199602,75221.51$0
Mar 199603,21119.38$0
Feb 199601,94716.98$0
Jan 19961572,50717.07$2,680
Dec 199523,67017.19$34
Nov 199505,40616.00$0
Oct 199502,16715.43$0
Sep 19951354,37916.18$2,184
Aug 199522,90215.92$32
Jul 19951352,77015.24$2,057
Jun 199513,38716.41$16
May 199503,12417.56$0
Apr 199513,12817.73$18
Mar 19951623,59316.44$2,663
Feb 199513,06316.58$17
Jan 199513,90515.92$16
Dec 19941624,64115.03$2,435
Nov 199414,87915.90$16
Oct 19941441,21015.58$2,244
Sep 199416,14915.29$15
Aug 19941687,11216.13$2,710
Jul 1994016817.56$0
Jun 1994015117.09$0
May 1994082915.88$0
Apr 19941672,63714.14$2,361
Mar 1994032512.46$0
Feb 1994058712.50$0
Jan 1994079012.66$0
Dec 199302,42012.33$0
Nov 199302,90014.49$0
Oct 19931505,12315.85$2,378
Sep 199314,99715.03$15
Aug 19931704,93815.66$2,662
Jul 199324,27615.46$31
Jun 199303,27816.79$0
May 19931553,66417.68$2,740
Apr 19931686,48218.05$3,032
Mar 19931735,84418.14$3,138
Feb 199301,71417.90$0
Jan 19931582,49216.93$2,675

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 2014 — as filed, then multipliedworked
Condensate             0 bbl  × $ 94.73 =         $0
Gas                   15 Mcf  × $  4.73 =        $71

────────────────────────────────────────────────────
Month total                                      $71

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. 06/G/139179 is the state's own key, not one this site invented.