MCGEE GAS UNIT "B"

Name: MCGEE GAS UNIT "B" lease production and value, Nov 2002 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by BP AMERICA PRODUCTION COMPANY (P-5 40798) in the WOODLAWN (PETTIT) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 199292District 06Field 98563415CondensateGasSave Export

Value, all time

$3.3 M

Nov 2002 – Aug 2013

Value, last 12 filed months

$18 k

at the published price for each month

Months reported

130

no gaps in the span

Streams

condensate, gas

The WOODLAWN (PETTIT) 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 89 leases and 89 wells, and the rule below applies to all of them.

Discovered

1951-04-26

as the register files it

Field class

Gas

the register's own label

Between wells

3,960 ft

minimum

From a lease line

1,320 ft

minimum

A drilling unit in this field needs at least 640 acres. The field rule took effect on 2003-03-25.

The Commission's schedule remark for this field reads: “PER DOCKET #06-0233779.”

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	11,821 bbl	$518,602
Gas	Production	428,803 Mcf	$2,794,575
Total			$3,313,177

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 32.5913, -94.4100. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.59129, -94.41004 · 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

10,033 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 10,033 ft.

Completions filed

Aug 2013

1 of 1 wells

1 well


42-20332609	2	10,033 ft	Aug 2013	—	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 (130)

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

130 months


Aug 2013	0	0	104.25	3.52	$0
Jul 2013	0	0	102.52	3.72	$0
Jun 2013	0	0	94.40	3.93	$0
May 2013	0	0	94.83	4.15	$0
Apr 2013	0	0	93.96	4.28	$0
Mar 2013	1	0	93.62	3.91	$94
Feb 2013	22	24	91.23	3.42	$2,089
Jan 2013	24	5	91.60	3.42	$2,216
Dec 2012	20	578	86.77	3.42	$3,712
Nov 2012	14	615	86.95	3.62	$3,447
Oct 2012	10	653	89.38	3.40	$3,114
Sep 2012	0	1,114	94.67	2.92	$3,251
Aug 2012	0	1,080	92.66	2.91	$3,141
Jul 2012	0	1,008	85.13	3.02	$3,045
Jun 2012	0	620	79.82	2.52	$1,562
May 2012	0	1,030	91.61	2.49	$2,563
Apr 2012	18	694	101.65	2.00	$3,215
Mar 2012	22	934	105.05	2.22	$4,387
Feb 2012	28	846	101.10	2.57	$5,005
Jan 2012	27	831	98.09	2.73	$4,920
Dec 2011	27	738	96.87	3.24	$5,006
Nov 2011	20	739	95.72	3.31	$4,361
Oct 2011	0	787	84.98	3.65	$2,871
Sep 2011	0	808	83.62	3.99	$3,221
Aug 2011	0	1,124	83.40	4.15	$4,664
Jul 2011	0	1,018	94.14	4.52	$4,599
Jun 2011	0	1,172	92.90	4.64	$5,438
May 2011	0	800	98.13	4.40	$3,524
Apr 2011	0	737	105.96	4.33	$3,194
Mar 2011	11	184	96.36	4.06	$1,807
Feb 2011	44	916	85.64	4.18	$7,597
Jan 2011	40	761	86.50	4.59	$6,952
Dec 2010	73	1,799	85.73	4.35	$14,080
Nov 2010	9	81	80.84	3.80	$1,035
Oct 2010	108	1,906	78.10	3.51	$15,123
Sep 2010	205	4,558	72.63	3.98	$33,028
Aug 2010	56	1,290	73.68	4.42	$9,827
Jul 2010	94	2,618	72.55	4.74	$19,220
Jun 2010	144	2,343	70.36	4.91	$21,637
May 2010	71	1,062	71.12	4.24	$9,547
Apr 2010	137	1,183	81.69	4.12	$16,069
Mar 2010	120	1,490	78.39	4.39	$15,946
Feb 2010	69	918	73.58	5.44	$10,073
Jan 2010	80	822	74.36	5.96	$10,851
Dec 2009	210	2,597	71.44	5.48	$29,244
Nov 2009	212	3,567	74.59	3.75	$29,195
Oct 2009	14	1,349	72.54	4.11	$6,560
Sep 2009	22	2,460	65.54	3.06	$8,981
Aug 2009	26	2,235	67.42	3.22	$8,946
Jul 2009	26	1,833	61.13	3.46	$7,940
Jun 2009	28	2,350	66.16	3.90	$11,006
May 2009	24	1,984	54.74	3.93	$9,102
Apr 2009	24	2,163	46.77	3.59	$8,882
Mar 2009	28	2,458	42.14	4.06	$11,157
Feb 2009	23	2,216	32.81	4.63	$11,021
Jan 2009	24	2,655	35.86	5.37	$15,121
Dec 2008	29	3,188	37.10	5.98	$20,131
Nov 2008	26	2,956	55.49	6.86	$21,722
Oct 2008	82	2,509	75.24	6.92	$23,537
Sep 2008	74	2,287	101.76	7.88	$25,545
Aug 2008	59	2,008	114.22	8.48	$23,773
Jul 2008	43	1,495	131.08	11.39	$22,664
Jun 2008	10	1,396	131.33	13.03	$19,507
May 2008	17	2,627	123.17	11.57	$32,500
Apr 2008	23	3,029	110.31	10.45	$34,205
Mar 2008	20	2,563	101.90	9.66	$26,807
Feb 2008	28	2,896	92.53	8.77	$27,990
Jan 2008	19	1,861	90.38	8.21	$16,988
Dec 2007	25	2,658	88.33	7.30	$21,617
Nov 2007	25	3,146	91.67	7.29	$25,231
Oct 2007	35	3,789	82.85	6.92	$29,127
Sep 2007	27	3,158	75.84	6.24	$21,767
Aug 2007	30	3,504	69.06	6.39	$24,455
Jul 2007	28	3,372	70.90	6.39	$23,525
Jun 2007	31	3,375	62.00	7.55	$27,398
May 2007	37	3,537	58.74	7.85	$29,926
Apr 2007	98	3,294	59.61	7.81	$31,552
Mar 2007	98	3,280	56.92	7.30	$29,529
Feb 2007	113	3,322	55.10	8.22	$33,520
Jan 2007	112	4,024	50.30	6.73	$32,702
Dec 2006	39	4,497	56.65	6.92	$33,322
Nov 2006	40	5,105	54.20	7.62	$41,055
Oct 2006	19	2,521	54.90	6.01	$16,204
Sep 2006	30	4,066	60.08	5.04	$22,284
Aug 2006	37	4,820	68.71	7.34	$37,921
Jul 2006	36	5,075	69.37	6.34	$34,687
Jun 2006	50	5,110	66.28	6.38	$35,936
May 2006	40	4,962	66.01	6.42	$34,521
Apr 2006	36	5,643	64.39	7.36	$43,853
Mar 2006	42	5,653	56.70	7.08	$42,421
Feb 2006	30	5,211	57.59	7.75	$42,119
Jan 2006	39	6,164	60.59	8.93	$57,428
Dec 2005	43	6,962	54.94	13.42	$95,760
Nov 2005	39	4,946	54.69	10.59	$54,503
Oct 2005	44	6,267	58.34	13.80	$89,025
Sep 2005	46	6,799	61.45	12.08	$84,952
Aug 2005	52	6,834	61.51	9.80	$70,150
Jul 2005	52	7,041	55.69	7.84	$58,123
Jun 2005	52	7,124	52.33	7.38	$55,304
May 2005	61	7,868	45.22	6.65	$55,090
Apr 2005	14	5,881	49.20	7.36	$43,976
Mar 2005	20	8,691	50.37	7.15	$63,190
Feb 2005	16	6,780	45.22	6.31	$43,518
Jan 2005	19	7,681	43.16	6.32	$49,381
Dec 2004	18	7,704	39.86	6.75	$52,728
Nov 2004	16	7,705	45.28	6.33	$49,500
Oct 2004	15	7,556	49.70	6.52	$49,974
Sep 2004	5	7,231	43.24	5.28	$38,424
Aug 2004	5	7,974	42.37	5.55	$44,473
Jul 2004	7	8,490	38.28	6.08	$51,923
Jun 2004	26	7,713	36.10	6.43	$50,556
May 2004	35	10,065	37.48	6.49	$66,680
Apr 2004	33	10,867	34.47	5.86	$64,801
Mar 2004	41	12,706	34.36	5.53	$71,675
Feb 2004	31	9,697	32.45	5.51	$54,433
Jan 2004	52	35	32.03	6.30	$1,886
Dec 2003	332	364	30.26	6.30	$12,340
Nov 2003	339	375	28.80	4.60	$11,486
Oct 2003	347	380	28.17	4.76	$11,584
Sep 2003	394	429	26.31	4.75	$12,404
Aug 2003	452	501	29.76	5.13	$16,022
Jul 2003	450	485	29.41	5.17	$15,742
Jun 2003	398	443	28.56	5.98	$14,017
May 2003	558	605	26.59	5.97	$18,451
Apr 2003	617	682	26.67	5.41	$20,143
Mar 2003	563	616	31.14	6.10	$21,287
Feb 2003	589	618	33.48	7.93	$24,618
Jan 2003	956	1,051	30.31	5.58	$34,843
Dec 2002	1,038	19,326	26.91	4.85	$121,736
Nov 2002	364	26,457	24.66	4.14	$118,428

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.

Mar 2013 — as filed, then multipliedworked

Condensate             1 bbl  × $ 93.62 =        $94
Gas                    0 Mcf  × $  3.91 =         $0

────────────────────────────────────────────────────
Month total                                      $94

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/199292 is the state's own key, not one this site invented.