MCGREDE "A"

Name: MCGREDE "A" lease production and value, Mar 1995 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by BUFFCO PRODUCTION INC. (P-5 106406) 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 153840District 06Field 977521002 tax incentive programmesCondensateGasSave Export

Value, all time

$3.2 M

Mar 1995 – May 2018

Value, last 12 filed months

$31 k

at the published price for each month

Months reported

279

no gaps in the span

Streams

condensate, gas

The WILLOW SPRINGS (COTTON VALLEY) field

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.

Programme	Filings	With an approval date	Dated	Docket
High Cost Gas	1	1	1995-05-15	131872
NGPA	1	none	—	—

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.

Stream	Basis	Volume	Value
Condensate	Disposition	15,851 bbl	$397,649
Gas	Production	1,120,880 Mcf	$2,780,747
Total			$3,178,397

415,813 Mcf of this lease's gas, across 22 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 32.5716, -94.8276. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.57157, -94.82755 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

10,915 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 10,915 ft.

Completions filed

Jan 2019

1 of 1 wells

1 well


42-18331149	1	10,915 ft	Jan 2019	—	Yes

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 (279)

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

279 months


May 2018	0	0	65.38	2.90	$0
Apr 2018	153	341	63.84	2.90	$10,757
Mar 2018	0	402	61.22	2.79	$1,120
Feb 2018	0	698	61.78	2.77	$1,931
Jan 2018	0	619	62.87	4.01	$2,482
Dec 2017	0	802	57.27	2.92	$2,343
Nov 2017	0	838	55.42	3.12	$2,613
Oct 2017	0	295	49.29	2.98	$880
Sep 2017	0	666	47.52	3.09	$2,056
Aug 2017	0	714	45.37	3.00	$2,145
Jul 2017	0	812	43.87	3.09	$2,507
Jun 2017	0	740	42.49	3.09	$2,285
May 2017	0	771	45.37	3.26	$2,516
Apr 2017	0	785	47.93	3.21	$2,521
Mar 2017	0	785	46.77	2.98	$2,342
Feb 2017	0	571	50.45	2.95	$1,686
Jan 2017	0	355	49.41	3.42	$1,214
Dec 2016	0	368	48.76	3.72	$1,370
Nov 2016	0	333	42.49	2.64	$881
Oct 2016	0	224	46.19	3.09	$692
Sep 2016	0	342	41.55	3.10	$1,060
Aug 2016	0	908	41.44	2.92	$2,655
Jul 2016	0	574	41.62	2.92	$1,679
Jun 2016	0	1	45.35	2.69	$3
May 2016	0	1,169	42.52	1.99	$2,328
Apr 2016	0	932	36.56	1.99	$1,856
Mar 2016	0	1,118	33.01	1.79	$2,006
Feb 2016	0	1,052	26.47	2.06	$2,171
Jan 2016	0	1,217	27.35	2.36	$2,877
Dec 2015	0	1,402	32.36	2.00	$2,806
Nov 2015	170	1,427	38.79	2.17	$9,687
Oct 2015	0	1,253	43.55	2.43	$3,041
Sep 2015	0	1,010	42.99	2.76	$2,786
Aug 2015	0	1,472	40.16	2.87	$4,228
Jul 2015	0	1,051	48.15	2.95	$3,095
Jun 2015	0	717	56.15	2.88	$2,067
May 2015	0	1,738	55.21	2.96	$5,137
Apr 2015	0	1,796	49.82	2.71	$4,861
Mar 2015	0	869	42.89	2.93	$2,550
Feb 2015	0	1,143	44.66	2.98	$3,402
Jan 2015	0	2,022	43.43	3.10	$6,269
Dec 2014	0	1,623	54.69	3.59	$5,829
Nov 2014	0	415	70.46	4.25	$1,765
Oct 2014	0	1,211	78.30	3.90	$4,724
Sep 2014	0	474	86.16	4.05	$1,918
Aug 2014	0	747	89.39	4.04	$3,014
Jul 2014	0	840	96.56	4.18	$3,511
Jun 2014	0	297	98.16	4.74	$1,407
May 2014	0	1,353	94.73	4.73	$6,395
Apr 2014	0	427	95.94	4.81	$2,053
Mar 2014	0	260	95.89	5.06	$1,315
Feb 2014	0	569	97.40	6.19	$3,523
Jan 2014	0	889	90.40	4.86	$4,321
Dec 2013	162	1,452	91.82	4.35	$21,198
Nov 2013	1	1,057	88.85	3.74	$4,040
Oct 2013	0	1,322	97.42	3.78	$4,996
Sep 2013	0	1,040	104.11	3.72	$3,866
Aug 2013	0	1,250	104.25	3.52	$4,403
Jul 2013	1	1,449	102.52	3.72	$5,490
Jun 2013	0	1,308	94.40	3.93	$5,145
May 2013	0	1,528	94.83	4.15	$6,340
Apr 2013	0	928	93.96	4.28	$3,974
Mar 2013	0	692	93.62	3.91	$2,708
Feb 2013	0	562	91.23	3.42	$1,922
Jan 2013	0	621	91.60	3.42	$2,124
Dec 2012	4	1,633	86.77	3.42	$5,932
Nov 2012	0	1,715	86.95	3.62	$6,217
Oct 2012	0	1,935	89.38	3.40	$6,578
Sep 2012	0	1,560	94.67	2.92	$4,553
Aug 2012	0	415	92.66	2.91	$1,207
Jul 2012	160	729	85.13	3.02	$15,823
Jun 2012	0	1,643	79.82	2.52	$4,139
May 2012	0	1,218	91.61	2.49	$3,031
Apr 2012	0	978	101.65	2.00	$1,953
Mar 2012	0	1,561	105.05	2.22	$3,469
Feb 2012	0	1,312	101.10	2.57	$3,372
Jan 2012	0	250	98.09	2.73	$684
Dec 2011	0	1,803	96.87	3.24	$5,841
Nov 2011	0	1,949	95.72	3.31	$6,454
Oct 2011	0	1,224	84.98	3.65	$4,466
Sep 2011	0	1,437	83.62	3.99	$5,728
Aug 2011	0	1,791	83.40	4.15	$7,431
Jul 2011	0	363	94.14	4.52	$1,640
Jun 2011	0	647	92.90	4.64	$3,002
May 2011	195	997	98.13	4.40	$23,527
Apr 2011	0	839	105.96	4.33	$3,636
Mar 2011	1	1,303	96.36	4.06	$5,383
Feb 2011	2	1,724	85.64	4.18	$7,378
Jan 2011	1	1,611	86.50	4.59	$7,479
Dec 2010	0	689	85.73	4.35	$2,996
Nov 2010	0	840	80.84	3.80	$3,188
Oct 2010	0	1,032	78.10	3.51	$3,621
Sep 2010	0	695	72.63	3.98	$2,766
Aug 2010	0	864	73.68	4.42	$3,818
Jul 2010	0	1,381	72.55	4.74	$6,541
Jun 2010	0	2,184	70.36	4.91	$10,724
May 2010	0	1,306	71.12	4.24	$5,531
Apr 2010	0	482	81.69	4.12	$1,987
Mar 2010	0	1,003	78.39	4.39	$4,402
Feb 2010	0	1,520	73.58	5.44	$8,272
Jan 2010	0	1,558	74.36	5.96	$9,292
Dec 2009	178	994	71.44	5.48	$18,167
Nov 2009	0	643	74.59	3.75	$2,412
Oct 2009	0	1,632	72.54	4.11	$6,708
Sep 2009	0	522	65.54	3.06	$1,600
Aug 2009	1	1,315	67.42	3.22	$4,300
Jul 2009	0	1,177	61.13	3.46	$4,078
Jun 2009	0	1,252	66.16	3.90	$4,877
May 2009	0	1,549	54.74	3.93	$6,081
Apr 2009	0	1,100	46.77	3.59	$3,946
Mar 2009	0	1,439	42.14	4.06	$5,841
Feb 2009	0	1,087	32.81	4.63	$5,036
Jan 2009	0	905	35.86	5.37	$4,861
Dec 2008	0	1,305	37.10	5.98	$7,800
Nov 2008	155	747	55.49	6.86	$13,726
Oct 2008	0	1,442	75.24	6.92	$9,982
Sep 2008	0	1,171	101.76	7.88	$9,224
Aug 2008	0	1,614	114.22	8.48	$13,692
Jul 2008	0	2,224	131.08	11.39	$25,330
Jun 2008	0	1,913	131.33	13.03	$24,931
May 2008	0	1,804	123.17	11.57	$20,880
Apr 2008	0	1,803	110.31	10.45	$18,850
Mar 2008	0	1,008	101.90	9.66	$9,741
Feb 2008	0	1,247	92.53	8.77	$10,937
Jan 2008	181	2,091	90.38	8.21	$33,517
Dec 2007	0	1,777	88.33	7.30	$12,976
Nov 2007	0	1,123	91.67	7.29	$8,189
Oct 2007	2	1,498	82.85	6.92	$10,535
Sep 2007	0	1,550	75.84	6.24	$9,678
Aug 2007	0	1,029	69.06	6.39	$6,573
Jul 2007	0	1,530	70.90	6.39	$9,774
Jun 2007	0	1,937	62.00	7.55	$14,621
May 2007	0	1,793	58.74	7.85	$14,068
Apr 2007	0	1,540	59.61	7.81	$12,020
Mar 2007	0	1,497	56.92	7.30	$10,931
Feb 2007	181	1,523	55.10	8.22	$22,486
Jan 2007	0	831	50.30	6.73	$5,590
Dec 2006	0	1,356	56.65	6.92	$9,381
Nov 2006	0	1,631	54.20	7.62	$12,424
Oct 2006	1	2,622	54.90	6.01	$15,823
Sep 2006	0	1,641	60.08	5.04	$8,266
Aug 2006	0	2,045	68.71	7.34	$15,010
Jul 2006	0	539	69.37	6.34	$3,419
Jun 2006	0	392	66.28	6.38	$2,502
May 2006	0	945	66.01	6.42	$6,072
Apr 2006	0	486	64.39	7.36	$3,577
Mar 2006	0	1,972	56.70	7.08	$13,968
Feb 2006	0	860	57.59	7.75	$6,666
Jan 2006	155	2,014	60.59	8.93	$27,383
Dec 2005	0	2,488	54.94	13.42	$33,378
Nov 2005	0	2,240	54.69	10.59	$23,718
Oct 2005	0	2,791	58.34	13.80	$38,504
Sep 2005	0	3,362	61.45	12.08	$40,610
Aug 2005	0	2,632	61.51	9.80	$25,785
Jul 2005	1	2,037	55.69	7.84	$16,033
Jun 2005	3	2,846	52.33	7.38	$21,163
May 2005	1	4,206	45.22	6.65	$28,020
Apr 2005	2	3,434	49.20	7.36	$25,374
Mar 2005	0	1,187	50.37	7.15	$8,493
Feb 2005	168	2,641	45.22	6.31	$24,267
Jan 2005	0	3,957	43.16	6.32	$25,017
Dec 2004	0	2,920	39.86	6.75	$19,713
Nov 2004	0	2,481	45.28	6.33	$15,706
Oct 2004	0	2,222	49.70	6.52	$14,477
Sep 2004	0	2,989	43.24	5.28	$15,794
Aug 2004	0	3,080	42.37	5.55	$17,096
Jul 2004	187	4,734	38.28	6.08	$35,961
Jun 2004	1	2,475	36.10	6.43	$15,958
May 2004	0	3,963	37.48	6.49	$25,738
Apr 2004	0	2,166	34.47	5.86	$12,689
Mar 2004	182	2,286	34.36	5.53	$18,895
Feb 2004	0	3,190	32.45	5.51	$17,576
Jan 2004	0	3,921	32.03	6.30	$24,701
Dec 2003	0	3,932	30.26	6.30	$24,778
Nov 2003	1	3,205	28.80	4.60	$14,756
Oct 2003	1	3,770	28.17	4.76	$17,972
Sep 2003	0	2,747	26.31	4.75	$13,046
Aug 2003	177	3,308	29.76	5.13	$22,237
Jul 2003	1	4,011	29.41	5.17	$20,770
Jun 2003	0	2,541	28.56	5.98	$15,203
May 2003	1	2,173	26.59	5.97	$13,005
Apr 2003	0	2,244	26.67	5.41	$12,134
Mar 2003	1	2,367	31.14	6.10	$14,460
Feb 2003	0	1,485	33.48	7.93	$11,770
Jan 2003	0	3,673	30.31	5.58	$20,503
Dec 2002	0	2,175	26.91	4.85	$10,557
Nov 2002	0	2,547	24.66	4.14	$10,537
Oct 2002	2	3,356	26.46	4.23	$14,246
Sep 2002	0	3,922	27.44	3.64	$14,257
Aug 2002	184	4,447	25.96	3.16	$18,848
Jul 2002	0	6,141	24.58	3.06	$18,802
Jun 2002	1	2,445	23.73	3.34	$8,186
May 2002	1	3,573	24.66	3.58	$12,830
Apr 2002	0	3,123	23.65	3.51	$10,969
Mar 2002	187	2,537	22.00	3.10	$11,986
Feb 2002	0	2,230	18.22	2.38	$5,298
Jan 2002	0	3,365	17.17	2.38	$7,994
Dec 2001	0	2,321	16.93	2.36	$5,488
Nov 2001	207	2,299	18.07	2.41	$9,271
Oct 2001	0	3,142	19.78	2.53	$7,946
Sep 2001	0	2,807	24.26	2.25	$6,319
Aug 2001	0	3,677	24.87	3.05	$11,226
Jul 2001	0	2,841	23.93	3.20	$9,083
Jun 2001	208	3,139	24.56	3.82	$17,113
May 2001	0	3,167	25.52	4.31	$13,641
Apr 2001	0	3,276	24.68	5.34	$17,479
Mar 2001	0	3,255	24.54	5.38	$17,500
Feb 2001	0	3,283	27.75	5.77	$18,933
Jan 2001	199	3,311	27.47	8.40	$33,275
Dec 2000	0	4,760	26.88	9.12	$43,423
Nov 2000	0	3,698	32.21	5.66	$20,923
Oct 2000	183	4,466	31.23	5.15	$28,695
Sep 2000	0	3,442	31.87	5.19	$17,852
Aug 2000	0	4,651	29.64	4.54	$21,119
Jul 2000	0	4,013	28.53	4.09	$16,412
Jun 2000	205	4,854	29.30	4.40	$27,351
May 2000	0	4,652	27.26	3.68	$17,118
Apr 2000	0	4,857	24.51	3.12	$15,134
Mar 2000	0	5,194	28.42	2.86	$14,854
Feb 2000	202	5,409	27.62	2.73	$20,327
Jan 2000	0	5,204	25.27	2.48	$12,909
Dec 1999	0	5,788	24.28	2.42	$14,028
Nov 1999	207	5,933	23.19	2.43	$19,241
Oct 1999	0	6,152	20.98	2.80	$17,248
Sep 1999	0	5,098	21.75	2.62	$13,351
Aug 1999	190	5,742	19.26	2.88	$20,171
Jul 1999	0	6,259	17.89	2.37	$14,849
Jun 1999	0	5,787	15.94	2.36	$13,669
May 1999	196	6,291	15.79	2.32	$17,696
Apr 1999	0	6,394	15.10	2.21	$14,118
Mar 1999	187	6,011	12.47	1.84	$13,382
Feb 1999	0	5,843	9.98	1.82	$10,621
Jan 1999	0	6,896	10.38	1.90	$13,102
Dec 1998	201	6,985	9.20	1.77	$14,236
Nov 1998	0	7,494	10.89	2.19	$16,380
Oct 1998	194	7,492	12.42	1.97	$17,163
Sep 1998	0	6,752	12.59	2.08	$14,062
Aug 1998	0	7,499	11.30	1.91	$14,303
Jul 1998	183	8,299	11.74	2.24	$20,716
Jun 1998	0	7,765	11.24	2.24	$17,372
May 1998	205	8,692	12.62	2.21	$21,765
Apr 1998	0	8,637	13.04	2.51	$21,639
Mar 1998	184	9,557	12.80	2.31	$24,427
Feb 1998	193	9,566	13.95	2.30	$24,686
Jan 1998	195	10,696	14.70	2.15	$25,914
Dec 1997	0	10,394	16.32	2.41	$25,061
Nov 1997	185	9,019	18.19	3.09	$31,218
Oct 1997	192	6,909	19.25	3.15	$25,458
Sep 1997	194	7,851	17.74	2.95	$26,640
Aug 1997	0	9,569	17.86	2.55	$24,446
Jul 1997	190	10,799	17.58	2.25	$27,605
Jun 1997	195	10,981	17.24	2.26	$28,148
May 1997	194	12,023	18.97	2.31	$31,435
Apr 1997	194	12,054	17.88	2.08	$28,575
Mar 1997	204	12,912	18.95	1.94	$28,904
Feb 1997	0	12,978	20.49	2.21	$28,628
Jan 1997	395	13,715	23.48	3.54	$57,822
Dec 1996	195	14,328	23.32	—	$4,547
Nov 1996	191	15,722	21.97	—	$4,196
Oct 1996	194	16,108	23.31	—	$4,522
Sep 1996	389	16,209	22.22	—	$8,644
Aug 1996	189	16,553	20.26	—	$3,829
Jul 1996	195	16,713	19.55	—	$3,812
Jun 1996	380	19,754	18.73	—	$7,117
May 1996	379	24,999	19.43	—	$7,364
Apr 1996	187	9,820	21.51	—	$4,022
Mar 1996	189	11,916	19.38	—	$3,663
Feb 1996	198	11,636	16.98	—	$3,362
Jan 1996	191	11,028	17.07	—	$3,260
Dec 1995	406	12,441	17.19	—	$6,979
Nov 1995	372	19,443	16.00	—	$5,952
Oct 1995	187	20,387	15.43	—	$2,885
Sep 1995	376	21,491	16.18	—	$6,084
Aug 1995	754	28,819	15.92	—	$12,004
Jul 1995	381	22,083	15.24	—	$5,806
Jun 1995	374	14,238	16.41	—	$6,137
May 1995	761	32,841	17.56	—	$13,363
Apr 1995	941	38,738	17.73	—	$16,684
Mar 1995	334	20,546	16.44	—	$5,491

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 2018 — as filed, then multipliedworked

Condensate           153 bbl  × $ 63.84 =     $9,768
Gas                  341 Mcf  × $  2.90 =       $989

────────────────────────────────────────────────────
Month total                                  $10,757

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/153840 is the state's own key, not one this site invented.