MCKINLEY, JC & RS GAS UNIT

Operated by QUANTUM RESOURCES MANAGEMENT,LLC (P-5 684554) in the WILLOW SPRINGS (COTTON VALLEY,W) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 148245District 06Field 977521102 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.9 M
Jan 1994 – Feb 2014
Value, last 12 filed months
$40
at the published price for each month
Months reported
242
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 26 leases and 26 wells, and the rule below applies to all of them.

Discovered
1975-12-11
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 80 acres. The field rule took effect on 2010-04-20.

The Commission's schedule remark for this field reads: SPRINGS (COTTON VALLEY) FIELD, ADMINISTRATIVE EFFECT DATE 5/1/14.

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 Gas111994-04-19129579
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
CondensateDisposition19,836 bbl$299,353
GasProduction1,423,273 Mcf$1,562,045
Total$1,861,399

933,005 Mcf of this lease's gas, across 36 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 32.5679, -94.8318. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.56788, -94.83177 · 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
10,850 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 10,850 ft.

Completions filed
Mar 2017
1 of 1 wells

1 well

42-18331057210,850 ftMar 2017Yes

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 (242)

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

242 months

Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130188.853.74$4
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201301102.523.72$4
Jun 20130194.403.93$4
May 20130294.834.15$8
Apr 20130393.964.28$13
Mar 20130293.623.91$8
Feb 20130291.233.42$7
Jan 20130191.603.42$3
Dec 20120286.773.42$7
Nov 20120286.953.62$7
Oct 20120289.383.40$7
Sep 20120194.672.92$3
Aug 20120192.662.91$3
Jul 20120185.133.02$3
Jun 20120179.822.52$3
May 20120291.612.49$5
Apr 201202101.652.00$4
Mar 201201105.052.22$2
Feb 201201101.102.57$3
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110195.723.31$3
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110183.404.15$4
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110185.644.18$4
Jan 20110086.504.59$0
Dec 20100785.734.35$30
Nov 20100180.843.80$4
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
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 20100473.585.44$22
Jan 201001274.365.96$72
Dec 200921071.445.48$198
Nov 200975274.593.75$717
Oct 200983572.544.11$724
Sep 2009710365.543.06$774
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 200901154.743.93$43
Apr 200901,11746.773.59$4,007
Mar 2009097842.144.06$3,970
Feb 20090032.814.63$0
Jan 20090335.865.37$16
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 200801123.1711.57$12
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070158.747.85$8
Apr 20070859.617.81$62
Mar 200701156.927.30$80
Feb 200705055.108.22$411
Jan 20070950.306.73$61
Dec 200601856.656.92$125
Nov 200602554.207.62$190
Oct 20060054.906.01$0
Sep 2006022560.085.04$1,133
Aug 2006014668.717.34$1,072
Jul 200607869.376.34$495
Jun 20060466.286.38$26
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 200604256.707.08$297
Feb 200602057.597.75$155
Jan 2006012960.598.93$1,152
Dec 2005019454.9413.42$2,603
Nov 2005023554.6910.59$2,488
Oct 2005033458.3413.80$4,608
Sep 2005033161.4512.08$3,998
Aug 200501,97561.519.80$19,349
Jul 200505255.697.84$408
Jun 20050352.337.38$22
May 20050345.226.65$20
Apr 2005031949.207.36$2,348
Mar 200505650.377.15$401
Feb 2005018845.226.31$1,187
Jan 2005053043.166.32$3,351
Dec 200402,71439.866.75$18,322
Nov 200401,57045.286.33$9,939
Oct 200402,44649.706.52$15,936
Sep 200402,32643.245.28$12,290
Aug 200401,27542.375.55$7,077
Jul 200401,34938.286.08$8,208
Jun 200402,13736.106.43$13,747
May 2004077237.486.49$5,014
Apr 2004063734.475.86$3,732
Mar 200405634.365.53$310
Feb 2004049632.455.51$2,733
Jan 2004031332.036.30$1,972
Dec 2003041130.266.30$2,590
Nov 2003086228.804.60$3,961
Oct 200301,62928.174.76$7,753
Sep 200301,24726.314.75$5,922
Aug 2003064329.765.13$3,298
Jul 2003071729.415.17$3,707
Jun 200301,07628.565.98$6,438
May 2003090626.595.97$5,411
Apr 200302,76726.675.41$14,962
Mar 200304,39131.146.10$26,768
Feb 200305,06533.487.93$40,145
Jan 200303,65430.315.58$20,397
Dec 2002095926.914.85$4,655
Nov 200201,55224.664.14$6,421
Oct 200201,06326.464.23$4,496
Sep 200205,85927.443.64$21,299
Aug 200204,41825.963.16$13,979
Jul 200201,43524.583.06$4,394
Jun 200202,38023.733.34$7,945
May 200203,22624.663.58$11,562
Apr 200204,17323.653.51$14,657
Mar 200203,22222.003.10$9,997
Feb 200202,42418.222.38$5,759
Jan 200203,58917.172.38$8,526
Dec 200103,28816.932.36$7,774
Nov 200102,48418.072.41$5,975
Oct 200102,45619.782.53$6,211
Sep 200102,97924.262.25$6,707
Aug 200103,15124.873.05$9,621
Jul 200101,24623.933.20$3,984
Jun 200101,55824.563.82$5,958
May 200104,44725.524.31$19,155
Apr 200102,96824.685.34$15,835
Mar 200103,17524.545.38$17,070
Feb 200103,16527.755.77$18,253
Jan 200105,52327.478.40$46,386
Dec 200007,02526.889.12$64,086
Nov 200001,41332.215.66$7,995
Oct 200006,80831.235.15$35,031
Sep 2000081331.875.19$4,217
Aug 200002,90829.644.54$13,205
Jul 200003,41628.534.09$13,971
Jun 200004,25629.304.40$18,715
May 200002,10227.263.68$7,735
Apr 200006,49024.513.12$20,223
Mar 200003,64228.422.86$10,415
Feb 200003,39027.622.73$9,243
Jan 200003,27525.272.48$8,124
Dec 199905,38124.282.42$13,042
Nov 199904,37623.192.43$10,651
Oct 199904,96020.982.80$13,906
Sep 199905,54521.752.62$14,522
Aug 199904,96619.262.88$14,280
Jul 199906,21717.892.37$14,749
Jun 199905,99615.942.36$14,163
May 199904,42915.792.32$10,280
Apr 199906,84015.102.21$15,103
Mar 199907,61712.471.84$14,003
Feb 199906,1049.981.82$11,096
Jan 199907,91410.381.90$15,036
Dec 199808,6449.201.77$15,329
Nov 199809,87710.892.19$21,588
Oct 199809,21512.421.97$18,146
Sep 199808,91112.592.08$18,558
Aug 199808,09411.301.91$15,438
Jul 199809,04411.742.24$20,234
Jun 199807,97711.242.24$17,847
May 199809,28712.622.21$20,490
Apr 1998011,16013.042.51$27,959
Mar 199809,39012.802.31$21,686
Feb 199808,71113.952.30$20,028
Jan 1998010,39314.702.15$22,395
Dec 1997010,58316.322.41$25,517
Nov 1997013,65018.193.09$42,155
Oct 1997012,40519.253.15$39,074
Sep 1997011,72617.742.95$34,649
Aug 1997011,40517.862.55$29,137
Jul 1997013,19517.582.25$29,648
Jun 1997011,20817.242.26$25,299
May 1997012,80118.972.31$29,551
Apr 1997011,54417.882.08$24,044
Mar 1997011,48818.951.94$22,277
Feb 1997013,16420.492.21$29,038
Jan 1997012,96223.483.54$45,882
Dec 1996012,26623.32$0
Nov 1996015,45721.97$0
Oct 1996011,12023.31$0
Sep 199605,56222.22$0
Aug 199609,71120.26$0
Jul 1996017,32919.55$0
Jun 199607,39118.73$0
May 1996014,76919.43$0
Apr 1996016,50221.51$0
Mar 1996014,90119.38$0
Feb 1996013,70816.98$0
Jan 1996021,41317.07$0
Dec 1995023,98317.19$0
Nov 1995020,51916.00$0
Oct 1995020,53915.43$0
Sep 1995020,29916.18$0
Aug 1995025,21415.92$0
Jul 1995026,09515.24$0
Jun 1995023,82016.41$0
May 1995026,82717.56$0
Apr 199561029,46117.73$10,815
Mar 199566829,45216.44$10,982
Feb 19951,34128,98116.58$22,234
Jan 19951,10424,88415.92$17,576
Dec 19941,35131,01415.03$20,306
Nov 19941,39330,68715.90$22,149
Oct 199454112,47015.58$8,429
Sep 199473221,05515.29$11,192
Aug 199493524,39916.13$15,082
Jul 19941,16933,08317.56$20,528
Jun 19941,36644,83917.09$23,345
May 19941,40551,81815.88$22,311
Apr 19941,50852,62214.14$21,323
Mar 19941,76855,82412.46$22,029
Feb 19941,81753,86312.50$22,713
Jan 19942,10461,12812.66$26,637

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.

Nov 2013 — as filed, then multipliedworked
Condensate             0 bbl  × $ 88.85 =         $0
Gas                    1 Mcf  × $  3.74 =         $4

────────────────────────────────────────────────────
Month total                                       $4

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/148245 is the state's own key, not one this site invented.