MCGREDE

Operated by DALLAS PRODUCTION COMPANY LLC (P-5 197689) in the WILLOW SPRINGS (COTTON VALLEY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 148979District 06Field 977521002 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.7 M
Feb 1994 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
388
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 398 leases and 398 wells, and the rule below applies to all of them.

Discovered
1975-07-10
as the register files it
Field class
Gas
the register's own label
Between wells
600 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 2016-10-25.

The Commission's schedule remark for this field reads: SINGLE RESERVOIR. PLEASE REFER TO ORDER FOR TAKE POINTS.

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 Gas111994-05-05129970
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
CondensateDisposition18,785 bbl$433,897
GasProduction1,492,456 Mcf$3,267,793
Total$3,701,689

711,892 Mcf of this lease's gas, across 35 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 32.5682, -94.8242. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.56823, -94.82421 · 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
10,907 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 10,907 ft.

Completions filed
Feb 1994
1 of 1 wells

1 well

42-18331073110,907 ftFeb 1994

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 (388)

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

388 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20201312034.901.69$657
May 2020012716.921.81$230
Apr 2020012514.751.80$226
Mar 2020011630.341.86$215
Feb 2020012349.881.98$244
Jan 2020012557.252.09$262
Dec 201909959.012.30$228
Nov 2019011455.302.75$314
Oct 201909053.472.42$218
Sep 201905655.052.66$149
Aug 201906753.112.30$154
Jul 2019019656.272.46$482
Jun 201909952.782.49$247
May 201909758.482.74$266
Apr 2019020462.632.75$561
Mar 2019015856.803.06$484
Feb 2019017150.852.79$477
Jan 2019012246.033.23$394
Dec 201806246.594.19$260
Nov 201806452.934.24$271
Oct 201809961.443.40$336
Sep 201808959.543.11$277
Aug 2018013359.403.07$408
Jul 2018025365.142.93$742
Jun 2018014560.183.08$446
May 2018011365.382.90$328
Apr 2018011463.842.90$331
Mar 2018015261.222.79$424
Feb 2018014761.782.77$407
Jan 2018019762.874.01$790
Dec 2017022657.272.92$660
Nov 2017020155.423.12$627
Oct 2017011349.292.98$337
Sep 2017016247.523.09$500
Aug 2017018745.373.00$562
Jul 2017022743.873.09$701
Jun 2017012442.493.09$383
May 2017015545.373.26$506
Apr 20170547.933.21$16
Mar 201704346.772.98$128
Feb 2017011950.452.95$351
Jan 2017021549.413.42$735
Dec 2016011048.763.72$410
Nov 2016013742.492.64$362
Oct 2016012146.193.09$374
Sep 2016017041.553.10$527
Aug 2016017741.442.92$518
Jul 2016017441.622.92$509
Jun 2016016245.352.69$435
May 2016018442.521.99$366
Apr 2016023836.561.99$474
Mar 2016019633.011.79$352
Feb 201604826.472.06$99
Jan 2016020527.352.36$485
Dec 201509832.362.00$196
Nov 2015013638.792.17$295
Oct 2015011143.552.43$269
Sep 2015015642.992.76$430
Aug 2015016140.162.87$462
Jul 2015011948.152.95$350
Jun 2015015156.152.88$435
May 2015019455.212.96$573
Apr 2015020449.822.71$552
Mar 2015017742.892.93$519
Feb 2015018944.662.98$563
Jan 2015020043.433.10$620
Dec 2014019654.693.59$704
Nov 2014023770.464.25$1,008
Oct 2014022478.303.90$874
Sep 2014021386.164.05$862
Aug 2014025089.394.04$1,009
Jul 2014025996.564.18$1,083
Jun 2014025698.164.74$1,213
May 2014024194.734.73$1,139
Apr 2014020395.944.81$976
Mar 2014026095.895.06$1,315
Feb 2014024297.406.19$1,498
Jan 2014038590.404.86$1,871
Dec 2013027291.824.35$1,184
Nov 2013027788.853.74$1,036
Oct 2013030697.423.78$1,156
Sep 20130291104.113.72$1,082
Aug 20130361104.253.52$1,272
Jul 20130363102.523.72$1,350
Jun 2013035094.403.93$1,377
May 2013034494.834.15$1,427
Apr 2013041093.964.28$1,756
Mar 2013042993.623.91$1,679
Feb 2013040991.233.42$1,399
Jan 2013048691.603.42$1,662
Dec 2012044286.773.42$1,512
Nov 2012050086.953.62$1,812
Oct 2012056789.383.40$1,928
Sep 2012041494.672.92$1,208
Aug 2012048692.662.91$1,413
Jul 2012059085.133.02$1,782
Jun 201201,25479.822.52$3,159
May 20121621,52291.612.49$18,628
Apr 201201,566101.652.00$3,127
Mar 201201,298105.052.22$2,884
Feb 201201,159101.102.57$2,979
Jan 201201,33598.092.73$3,650
Dec 201101,23796.873.24$4,008
Nov 201101,29095.723.31$4,272
Oct 201101,42184.983.65$5,185
Sep 201101,30283.623.99$5,190
Aug 201101,57783.404.15$6,543
Jul 201101,44294.144.52$6,514
Jun 201101,36092.904.64$6,310
May 201121,46798.134.40$6,658
Apr 20111731,290105.964.33$23,921
Mar 2011065596.364.06$2,658
Feb 201101,15185.644.18$4,811
Jan 201101,34486.504.59$6,167
Dec 201001,16285.734.35$5,052
Nov 201001,36280.843.80$5,169
Oct 201001,59978.103.51$5,611
Sep 201001,65072.633.98$6,566
Aug 201001,50973.684.42$6,669
Jul 201001,91772.554.74$9,080
Jun 201001,78270.364.91$8,750
May 201001,82671.124.24$7,734
Apr 201001,75381.694.12$7,227
Mar 20101911,93478.394.39$23,460
Feb 201001,72873.585.44$9,404
Jan 201001,43974.365.96$8,582
Dec 200901,52871.445.48$8,379
Nov 200901,84974.593.75$6,937
Oct 200901,96872.544.11$8,089
Sep 200901,87465.543.06$5,743
Aug 200902,21467.423.22$7,126
Jul 20091932,23161.133.46$19,527
Jun 200901,29066.163.90$5,025
May 200901,62354.743.93$6,371
Apr 200901,45246.773.59$5,209
Mar 200901,55042.144.06$6,291
Feb 200911,04632.814.63$4,879
Jan 200911,33535.865.37$7,206
Dec 200812,12137.105.98$12,715
Nov 200811,86355.496.86$12,836
Oct 200801,72175.246.92$11,913
Sep 200812,066101.767.88$16,376
Aug 200812,737114.228.48$23,332
Jul 200801,422131.0811.39$16,196
Jun 200801,253131.3313.03$16,330
May 200802,075123.1711.57$24,017
Apr 20081731,413110.3110.45$33,856
Mar 200811,865101.909.66$18,125
Feb 2008097392.538.77$8,534
Jan 200801,72290.388.21$14,130
Dec 200701,93688.337.30$14,137
Nov 200711,83891.677.29$13,494
Oct 200701,90982.856.92$13,214
Sep 200712,13875.846.24$13,426
Aug 200702,26469.066.39$14,462
Jul 200702,72670.906.39$17,414
Jun 20071782,39962.007.55$29,145
May 200722,62758.747.85$20,730
Apr 200702,08459.617.81$16,266
Mar 200712,73256.927.30$20,006
Feb 200712,13855.108.22$17,621
Jan 200702,51950.306.73$16,945
Dec 20061792,20156.656.92$25,368
Nov 200612,03154.207.62$15,525
Oct 200601,53354.906.01$9,219
Sep 200632,04760.085.04$10,491
Aug 200612,33068.717.34$17,171
Jul 200612,48469.376.34$15,825
Jun 200612,60766.286.38$16,709
May 200602,83166.016.42$18,189
Apr 20061793,21364.397.36$35,175
Mar 200613,41156.707.08$24,217
Feb 200613,41457.597.75$26,520
Jan 200623,26560.598.93$29,288
Dec 200513,48054.9413.42$46,741
Nov 20051884,22654.6910.59$55,028
Oct 200513,16758.3413.80$43,750
Sep 200543,34961.4512.08$40,698
Aug 200514,01661.519.80$39,406
Jul 200544,30555.697.84$33,990
Jun 200583,82952.337.38$28,681
May 200524,32645.226.65$28,863
Apr 200533,58249.207.36$26,513
Mar 200522,90650.377.15$20,893
Feb 20051902,97045.226.31$27,338
Jan 200513,59443.166.32$22,765
Dec 200423,58239.866.75$24,262
Nov 200444,17245.286.33$26,592
Oct 200424,03249.706.52$26,368
Sep 200423,55443.245.28$18,865
Aug 200412,91142.375.55$16,200
Jul 200444,30838.286.08$26,364
Jun 200404,89836.106.43$31,509
May 20042121,86937.486.49$20,084
Apr 200403,22434.475.86$18,888
Mar 200412,77834.365.53$15,397
Feb 200402,90532.455.51$16,005
Jan 200401,90832.036.30$12,020
Dec 200312,67230.266.30$16,868
Nov 200313,02828.804.60$13,943
Oct 20031862,89328.174.76$19,009
Sep 200302,69326.314.75$12,790
Aug 200302,92429.765.13$14,999
Jul 200313,11029.415.17$16,111
Jun 200314,44128.565.98$26,599
May 200302,95026.595.97$17,619
Apr 200313,29026.675.41$17,817
Mar 20031823,21831.146.10$25,285
Feb 200303,65233.487.93$28,945
Jan 200313,85630.315.58$21,555
Dec 200244,64526.914.85$22,653
Nov 200214,04524.664.14$16,759
Oct 200224,77226.464.23$20,234
Sep 200234,80527.443.64$17,549
Aug 200214,54025.963.16$14,391
Jul 200214,24624.583.06$13,025
Jun 200214,37123.733.34$14,615
May 200214,72024.663.58$16,941
Apr 200234,58223.653.51$16,164
Mar 20021794,82922.003.10$18,921
Feb 200204,24218.222.38$10,078
Jan 200224,46617.172.38$10,644
Dec 200104,51516.932.36$10,675
Nov 20011884,37818.072.41$13,929
Oct 200104,57119.782.53$11,560
Sep 200114,66624.262.25$10,529
Aug 200124,77624.873.05$14,632
Jul 200125,12623.933.20$16,436
Jun 20011665,21324.563.82$24,012
May 200115,49425.524.31$23,690
Apr 200165,30824.685.34$28,468
Mar 20011905,03924.545.38$31,754
Feb 200114,96427.755.77$28,656
Jan 200114,75227.478.40$39,938
Dec 200016,00626.889.12$54,817
Nov 20001925,26532.215.66$35,974
Oct 200005,63631.235.15$29,000
Sep 200005,92931.875.19$30,751
Aug 200036,42929.644.54$29,281
Jul 20001766,76328.534.09$32,680
Jun 200067,27629.304.40$32,170
May 200005,52727.263.68$20,338
Apr 200005,82724.513.12$18,157
Mar 20001837,56728.422.86$26,841
Feb 200006,26927.622.73$17,092
Jan 20001856,93825.272.48$21,885
Dec 199915,72424.282.42$13,898
Nov 199917,23923.192.43$17,643
Oct 199908,20520.982.80$23,004
Sep 19991807,62421.752.62$23,881
Aug 199918,81819.262.88$25,376
Jul 199907,06417.892.37$16,758
Jun 19991847,31315.942.36$20,207
May 199907,60215.792.32$17,644
Apr 199907,64115.102.21$16,872
Mar 19991847,34412.471.84$15,795
Feb 199917,0119.981.82$12,755
Jan 199908,10110.381.90$15,391
Dec 19981847,1429.201.77$14,358
Nov 199808,05510.892.19$17,606
Oct 199808,11012.421.97$15,970
Sep 19981817,75312.592.08$18,425
Aug 199808,34811.301.91$15,923
Jul 199808,60311.742.24$19,247
Jun 19981078,45311.242.24$20,114
May 19981808,48712.622.21$20,997
Apr 199808,39213.042.51$21,025
Mar 19981798,89312.802.31$22,829
Feb 199808,21613.952.30$18,890
Jan 19981859,01314.702.15$22,141
Dec 1997010,74316.322.41$25,902
Nov 199718210,87418.193.09$36,892
Oct 199718411,52519.253.15$39,844
Sep 199717811,88517.742.95$38,276
Aug 19971847,16917.862.55$21,601
Jul 199708,49717.582.25$19,092
Jun 199718710,13517.242.26$26,101
May 199708,18418.972.31$18,893
Apr 19973788,92817.882.08$25,354
Mar 1997110,50418.951.94$20,388
Feb 19971898,38920.492.21$22,378
Jan 199719410,63123.483.54$42,186
Dec 199618911,24723.32$4,407
Nov 199618211,29621.97$3,999
Oct 199618811,52723.31$4,382
Sep 1996313,29122.22$67
Aug 199618610,82920.26$3,768
Jul 199619712,35319.55$3,851
Jun 199618612,77118.73$3,484
May 199618613,44419.43$3,614
Apr 199618812,41721.51$4,044
Mar 1996114,94919.38$19
Feb 199636511,99816.98$6,198
Jan 199619414,51617.07$3,312
Dec 199518714,06417.19$3,215
Nov 199519413,90316.00$3,104
Oct 199519014,54715.43$2,932
Sep 199517914,69716.18$2,896
Aug 199518615,65715.92$2,961
Jul 199538718,80815.24$5,898
Jun 199519018,98916.41$3,118
May 199537220,53517.56$6,532
Apr 199538320,21117.73$6,791
Mar 199538719,88416.44$6,362
Feb 199518118,73116.58$3,001
Jan 199537120,36215.92$5,906
Dec 199439322,57615.03$5,907
Nov 199437125,11915.90$5,899
Oct 199457227,52515.58$8,912
Sep 199458730,44415.29$8,975
Aug 199437733,69016.13$6,081
Jul 199457933,33017.56$10,167
Jun 199458832,66517.09$10,049
May 199456337,15815.88$8,940
Apr 199476038,91214.14$10,746
Mar 199492740,72812.46$11,550
Feb 199457528,71912.50$7,188

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.

Jun 2020 — as filed, then multipliedworked
Condensate            13 bbl  × $ 34.90 =       $454
Gas                  120 Mcf  × $  1.69 =       $203

────────────────────────────────────────────────────
Month total                                     $657

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/148979 is the state's own key, not one this site invented.