MCGREDE

Operated by NECHES EXPLORATION, L.L.C. (P-5 601861) 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 152649District 06Field 977521002 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.9 M
Nov 1994 – Jul 2018
Value, last 12 filed months
$11 k
at the published price for each month
Months reported
285
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 Gas111995-08-02132094
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
CondensateDisposition5,152 bbl$159,669
GasProduction1,631,779 Mcf$4,728,873
Total$4,888,542

504,044 Mcf of this lease's gas, across 26 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 32.5581, -94.7617. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.55813, -94.76174 · 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
10,331 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 10,331 ft.

Completions filed
Nov 2022
1 of 1 wells

1 well

42-18331128310,331 ftNov 2022Yes

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 (285)

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

285 months

Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 2018128061.782.77$7,908
Jan 20180062.874.01$0
Dec 2017043657.272.92$1,274
Nov 2017032755.423.12$1,020
Oct 2017023949.292.98$713
Sep 2017010747.523.09$330
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 201701445.373.26$46
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 201704,45050.452.95$13,139
Jan 2017019349.413.42$660
Dec 2016029548.763.72$1,098
Nov 2016014442.492.64$381
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160241.622.92$6
Jun 20160245.352.69$5
May 2016063442.521.99$1,262
Apr 201602,22136.561.99$4,422
Mar 2016027733.011.79$497
Feb 20160026.472.06$0
Jan 201607927.352.36$187
Dec 2015027632.362.00$552
Nov 201501,81538.792.17$3,934
Oct 201501,70643.552.43$4,140
Sep 201502,48142.992.76$6,844
Aug 201503,50040.162.87$10,054
Jul 20150948.152.95$27
Jun 20150556.152.88$14
May 20150555.212.96$15
Apr 2015060249.822.71$1,629
Mar 201501,06142.892.93$3,114
Feb 201501,74544.662.98$5,193
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 2014075570.464.25$3,210
Oct 201401,82778.303.90$7,127
Sep 201401,68086.164.05$6,796
Aug 201401,93389.394.04$7,800
Jul 201402,10796.564.18$8,806
Jun 201401,15498.164.74$5,466
May 201401,09794.734.73$5,185
Apr 201402,80795.944.81$13,499
Mar 20140295.895.06$10
Feb 20140197.406.19$6
Jan 20140390.404.86$15
Dec 201301,63591.824.35$7,120
Nov 201302,23288.853.74$8,344
Oct 201302,48797.423.78$9,399
Sep 201302,346104.113.72$8,722
Aug 201300104.253.52$0
Jul 201303,053102.523.72$11,350
Jun 201302,36994.403.93$9,318
May 201304294.834.15$174
Apr 201302,62693.964.28$11,246
Mar 201303,34593.623.91$13,089
Feb 201302,22291.233.42$7,599
Jan 201301,39391.603.42$4,764
Dec 201202,40286.773.42$8,215
Nov 201201,49086.953.62$5,401
Oct 20120089.383.40$0
Sep 201203494.672.92$99
Aug 201202492.662.91$70
Jul 201202,88985.133.02$8,727
Jun 201203,30379.822.52$8,320
May 201203,42791.612.49$8,527
Apr 201201,051101.652.00$2,099
Mar 20121822,285105.052.22$24,197
Feb 201203,479101.102.57$8,942
Jan 2012040798.092.73$1,113
Dec 201102,84696.873.24$9,220
Nov 201103,13495.723.31$10,378
Oct 201101,95884.983.65$7,144
Sep 201102,58083.623.99$10,283
Aug 201103,21583.404.15$13,340
Jul 201103,23894.144.52$14,627
Jun 201102,83392.904.64$13,145
May 201102,27898.134.40$10,034
Apr 201101,715105.964.33$7,432
Mar 201103,11896.364.06$12,651
Feb 201104,19185.644.18$17,518
Jan 201101,63386.504.59$7,493
Dec 201001,49685.734.35$6,504
Nov 201003,01680.843.80$11,447
Oct 201003,73278.103.51$13,095
Sep 201002,60172.633.98$10,351
Aug 201003,19473.684.42$14,115
Jul 201003,75472.554.74$17,781
Jun 201003,68870.364.91$18,110
May 201004,23971.124.24$17,953
Apr 201002,64381.694.12$10,896
Mar 201002,42678.394.39$10,647
Feb 201001,40073.585.44$7,619
Jan 201001,24074.365.96$7,395
Dec 200902,83271.445.48$15,530
Nov 200901,77474.593.75$6,655
Oct 200902,19872.544.11$9,034
Sep 200904,00765.543.06$12,280
Aug 200903,84967.423.22$12,388
Jul 200901,94061.133.46$6,721
Jun 2009070966.163.90$2,762
May 2009086154.743.93$3,380
Apr 200902,54646.773.59$9,134
Mar 200902,76142.144.06$11,207
Feb 200902,50332.814.63$11,596
Jan 200902,89835.865.37$15,565
Dec 200802,52737.105.98$15,104
Nov 200811,97355.496.86$13,591
Oct 200803,61775.246.92$25,037
Sep 200803,815101.767.88$30,051
Aug 200804,208114.228.48$35,697
Jul 20081933,063131.0811.39$60,184
Jun 200804,155131.3313.03$54,151
May 200842,781123.1711.57$32,681
Apr 20080988110.3110.45$10,329
Mar 200801,487101.909.66$14,370
Feb 200804,06192.538.77$35,617
Jan 200802,46190.388.21$20,194
Dec 200703,34488.337.30$24,418
Nov 200713,70591.677.29$27,107
Oct 200714,43182.856.92$30,754
Sep 200713,76475.846.24$23,579
Aug 200713,57869.066.39$22,925
Jul 200704,13170.906.39$26,389
Jun 200714,67562.007.55$35,351
May 200714,03558.747.85$31,718
Apr 200704,44859.617.81$34,718
Mar 200714,08256.927.30$29,864
Feb 200704,57955.108.22$37,621
Jan 200704,50250.306.73$30,284
Dec 200605,38756.656.92$37,270
Nov 200614,41254.207.62$33,663
Oct 200604,07254.906.01$24,488
Sep 2006093060.085.04$4,685
Aug 200602,61668.717.34$19,201
Jul 200603,02469.376.34$19,181
Jun 200602,82366.286.38$18,022
May 200602,53466.016.42$16,281
Apr 2006742,11464.397.36$20,325
Mar 20061774,69456.707.08$43,283
Feb 200604,16057.597.75$32,245
Jan 200614,44560.598.93$39,769
Dec 200536,29154.9413.42$84,561
Nov 200502,20354.6910.59$23,326
Oct 200505,97858.3413.80$82,471
Sep 200513,51561.4512.08$42,519
Aug 200523,81261.519.80$37,469
Jul 200503,14855.697.84$24,692
Jun 200502,86052.337.38$21,110
May 200504,99345.226.65$33,209
Apr 200501,87349.207.36$13,786
Mar 200503,61150.377.15$25,836
Feb 200503,28345.226.31$20,722
Jan 200503,41243.166.32$21,571
Dec 200403,26139.866.75$22,015
Nov 200403,90845.286.33$24,739
Oct 20041782,82549.706.52$27,252
Sep 200405,99443.245.28$31,672
Aug 200403,92542.375.55$21,786
Jul 200404,78038.286.08$29,082
Jun 200404,19436.106.43$26,980
May 200404,66937.486.49$30,323
Apr 200405,00934.475.86$29,345
Mar 200414,62134.365.53$25,589
Feb 200404,62632.455.51$25,488
Jan 200404,38232.036.30$27,605
Dec 200305,52530.266.30$34,817
Nov 200374,68428.804.60$21,725
Oct 20031914,51028.174.76$26,846
Sep 200305,22726.314.75$24,825
Aug 200305,89429.765.13$30,235
Jul 200324,70329.415.17$24,377
Jun 200305,00228.565.98$29,927
May 200314,85426.595.97$29,018
Apr 200304,97826.675.41$26,917
Mar 200325,19131.146.10$31,707
Feb 200306,33233.487.93$50,187
Jan 20031865,50130.315.58$36,344
Dec 200234,69526.914.85$22,869
Nov 200216,00724.664.14$24,875
Oct 200204,74526.464.23$20,067
Sep 200235,54127.443.64$20,225
Aug 200206,96125.963.16$22,026
Jul 200217,23424.583.06$22,173
Jun 200216,09223.733.34$20,360
May 200205,23624.663.58$18,766
Apr 200226,37423.653.51$22,435
Mar 20021815,33322.003.10$20,529
Feb 200205,63218.222.38$13,380
Jan 200226,68817.172.38$15,923
Dec 200105,54416.932.36$13,108
Nov 200125,56318.072.41$13,418
Oct 200106,23819.782.53$15,775
Sep 200105,90324.262.25$13,290
Aug 200116,73824.873.05$20,597
Jul 200116,15323.933.20$19,696
Jun 200107,02524.563.82$26,865
May 20011605,74025.524.31$28,807
Apr 200137,00824.685.34$37,464
Mar 200107,88324.545.38$42,382
Feb 200106,82727.755.77$39,372
Jan 200108,39427.478.40$70,499
Dec 200006,92726.889.12$63,192
Nov 200007,64232.215.66$43,238
Oct 20001907,38331.235.15$43,923
Sep 200008,08931.875.19$41,954
Aug 200018,65329.644.54$39,321
Jul 200008,63928.534.09$35,331
Jun 200017,57429.304.40$33,334
May 200008,57027.263.68$31,535
Apr 200007,82724.513.12$24,389
Mar 20001568,58828.422.86$28,993
Feb 200007,85927.622.73$21,428
Jan 200017,73725.272.48$19,217
Dec 199928,21324.282.42$19,955
Nov 199919,31123.192.43$22,686
Oct 19991668,94020.982.80$28,548
Sep 199939,51321.752.62$24,978
Aug 199909,18519.262.88$26,412
Jul 199918,93517.892.37$21,215
Jun 199918,64515.942.36$20,436
May 199919,62015.792.32$22,344
Apr 199919,43815.102.21$20,855
Mar 19991579,66612.471.84$19,727
Feb 199919,0679.981.82$16,492
Jan 199919,64310.381.90$18,332
Dec 19981429,8769.201.77$18,820
Nov 1998110,24210.892.19$22,397
Oct 199819,79812.421.97$19,307
Sep 1998010,19112.592.08$21,224
Aug 199815911,49111.301.91$23,714
Jul 1998112,21811.742.24$27,347
Jun 1998210,92611.242.24$24,467
May 1998212,34112.622.21$27,254
Apr 199816512,18113.042.51$32,669
Mar 1998212,16312.802.31$28,115
Feb 1998211,01013.952.30$25,341
Jan 1998012,68614.702.15$27,336
Dec 199717912,79216.322.41$33,764
Nov 1997118,36518.193.09$56,734
Oct 1997117,78419.253.15$56,036
Sep 1997113,96317.742.95$41,277
Aug 199714112,54917.862.55$34,578
Jul 1997014,32817.582.25$32,194
Jun 1997113,30117.242.26$30,040
May 1997214,71318.972.31$34,003
Apr 1997414,46317.882.08$30,195
Mar 199717114,41518.951.94$31,193
Feb 1997214,20920.492.21$31,385
Jan 1997215,73923.483.54$55,758
Dec 1996516,93023.32$117
Nov 199618817,13421.97$4,130
Oct 1996317,46623.31$70
Sep 1996017,17022.22$0
Aug 1996118,63020.26$20
Jul 199617018,52319.55$3,324
Jun 1996118,81818.73$19
May 1996217,46919.43$39
Apr 199617319,91721.51$3,721
Mar 1996121,63619.38$19
Feb 1996121,28016.98$17
Jan 199618426,73217.07$3,141
Dec 1995431,91117.19$69
Nov 199518623,90516.00$2,976
Oct 1995114,94415.43$15
Sep 1995116,76916.18$16
Aug 199515316,01515.92$2,436
Jul 1995018,03815.24$0
Jun 199517019,77616.41$2,790
May 1995121,75517.56$18
Apr 199517820,56517.73$3,156
Mar 1995120,00516.44$16
Feb 199518222,80616.58$3,018
Jan 1995226,81615.92$32
Dec 19941753,41815.03$2,630
Nov 1994015,61615.90$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.

Feb 2018 — as filed, then multipliedworked
Condensate           128 bbl  × $ 61.78 =     $7,908
Gas                    0 Mcf  × $  2.77 =         $0

────────────────────────────────────────────────────
Month total                                   $7,908

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/152649 is the state's own key, not one this site invented.