MCKINLEY GAS UNIT

Name: MCKINLEY GAS UNIT lease production and value, May 2003 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 201000District 06Field 977521002 tax incentive programmesCondensateGasSave Export

Value, all time

$3.9 M

May 2003 – Dec 2022

Value, last 12 filed months

$2 k

at the published price for each month

Months reported

236

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	2004-06-18	153183
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	3,326 bbl	$209,096
Gas	Production	655,268 Mcf	$3,652,339
Total			$3,861,435

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 32.5587, -94.8177. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.55868, -94.81768 · 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

10,800 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 10,800 ft.

Completions filed

Dec 2021

1 of 1 wells

1 well


42-18331543	3	10,800 ft	Dec 2021	—	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 (236)

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

236 months


Dec 2022	0	0	76.41	5.73	$0
Nov 2022	0	0	85.00	5.65	$0
Oct 2022	25	0	87.18	5.86	$2,180
Sep 2022	0	0	84.88	8.16	$0
Aug 2022	0	0	94.52	9.13	$0
Jul 2022	0	0	101.58	7.54	$0
Jun 2022	0	0	115.09	7.98	$0
May 2022	0	0	109.37	8.43	$0
Apr 2022	0	0	104.22	6.84	$0
Mar 2022	0	0	108.88	5.08	$0
Feb 2022	0	0	91.05	4.86	$0
Jan 2022	0	0	81.84	4.54	$0
Dec 2021	0	0	71.32	3.90	$0
Nov 2021	0	27	77.43	5.24	$141
Oct 2021	0	178	79.79	5.71	$1,017
Sep 2021	0	1,065	69.86	5.35	$5,699
Aug 2021	0	563	66.02	4.22	$2,376
Jul 2021	0	338	70.78	3.98	$1,346
Jun 2021	0	223	69.49	3.38	$754
May 2021	31	755	63.48	3.02	$4,246
Apr 2021	0	732	60.36	2.76	$2,019
Mar 2021	0	780	61.30	2.72	$2,119
Feb 2021	0	798	57.80	5.55	$4,427
Jan 2021	0	847	50.41	2.81	$2,380
Dec 2020	0	917	44.64	2.68	$2,453
Nov 2020	0	1,070	38.77	2.71	$2,896
Oct 2020	0	788	36.97	2.48	$1,953
Sep 2020	0	830	37.09	1.99	$1,653
Aug 2020	0	822	39.98	2.39	$1,961
Jul 2020	0	913	38.37	1.83	$1,666
Jun 2020	0	1,109	34.90	1.69	$1,875
May 2020	0	1,209	16.92	1.81	$2,194
Apr 2020	0	988	14.75	1.80	$1,783
Mar 2020	0	939	30.34	1.86	$1,743
Feb 2020	0	835	49.88	1.98	$1,654
Jan 2020	0	1,021	57.25	2.09	$2,139
Dec 2019	0	1,004	59.01	2.30	$2,314
Nov 2019	0	867	55.30	2.75	$2,385
Oct 2019	0	894	53.47	2.42	$2,162
Sep 2019	0	849	55.05	2.66	$2,256
Aug 2019	0	799	53.11	2.30	$1,841
Jul 2019	0	952	56.27	2.46	$2,342
Jun 2019	0	843	52.78	2.49	$2,100
May 2019	0	836	58.48	2.74	$2,291
Apr 2019	0	827	62.63	2.75	$2,275
Mar 2019	0	801	56.80	3.06	$2,453
Feb 2019	0	780	50.85	2.79	$2,178
Jan 2019	0	900	46.03	3.23	$2,905
Dec 2018	0	840	46.59	4.19	$3,516
Nov 2018	0	873	52.93	4.24	$3,699
Oct 2018	0	1,052	61.44	3.40	$3,575
Sep 2018	0	924	59.54	3.11	$2,872
Aug 2018	0	993	59.40	3.07	$3,045
Jul 2018	0	1,045	65.14	2.93	$3,064
Jun 2018	148	1,019	60.18	3.08	$12,042
May 2018	0	1,261	65.38	2.90	$3,658
Apr 2018	0	1,013	63.84	2.90	$2,939
Mar 2018	0	982	61.22	2.79	$2,737
Feb 2018	0	756	61.78	2.77	$2,091
Jan 2018	0	901	62.87	4.01	$3,612
Dec 2017	0	1,053	57.27	2.92	$3,076
Nov 2017	0	1,042	55.42	3.12	$3,249
Oct 2017	0	1,197	49.29	2.98	$3,571
Sep 2017	0	1,386	47.52	3.09	$4,279
Aug 2017	0	1,410	45.37	3.00	$4,236
Jul 2017	0	1,166	43.87	3.09	$3,600
Jun 2017	0	1,108	42.49	3.09	$3,421
May 2017	0	1,457	45.37	3.26	$4,755
Apr 2017	0	1,664	47.93	3.21	$5,344
Mar 2017	0	875	46.77	2.98	$2,611
Feb 2017	0	78	50.45	2.95	$230
Jan 2017	0	1,328	49.41	3.42	$4,540
Dec 2016	0	1,507	48.76	3.72	$5,610
Nov 2016	0	1,743	42.49	2.64	$4,609
Oct 2016	0	2,216	46.19	3.09	$6,848
Sep 2016	0	1,919	41.55	3.10	$5,950
Aug 2016	0	2,011	41.44	2.92	$5,881
Jul 2016	0	1,772	41.62	2.92	$5,182
Jun 2016	0	1,961	45.35	2.69	$5,267
May 2016	0	1,781	42.52	1.99	$3,546
Apr 2016	0	1,797	36.56	1.99	$3,578
Mar 2016	0	1,887	33.01	1.79	$3,385
Feb 2016	177	2,602	26.47	2.06	$10,055
Jan 2016	0	1,927	27.35	2.36	$4,556
Dec 2015	0	1,645	32.36	2.00	$3,292
Nov 2015	0	1,809	38.79	2.17	$3,921
Oct 2015	0	1,896	43.55	2.43	$4,601
Sep 2015	0	1,772	42.99	2.76	$4,888
Aug 2015	0	2,085	40.16	2.87	$5,989
Jul 2015	0	1,852	48.15	2.95	$5,454
Jun 2015	0	1,766	56.15	2.88	$5,091
May 2015	0	1,751	55.21	2.96	$5,175
Apr 2015	0	1,672	49.82	2.71	$4,525
Mar 2015	0	1,447	42.89	2.93	$4,247
Feb 2015	0	1,550	44.66	2.98	$4,613
Jan 2015	0	1,649	43.43	3.10	$5,113
Dec 2014	0	1,715	54.69	3.59	$6,159
Nov 2014	0	1,755	70.46	4.25	$7,462
Oct 2014	0	1,928	78.30	3.90	$7,521
Sep 2014	0	1,902	86.16	4.05	$7,694
Aug 2014	177	1,812	89.39	4.04	$23,134
Jul 2014	0	1,751	96.56	4.18	$7,318
Jun 2014	0	1,713	98.16	4.74	$8,114
May 2014	0	1,841	94.73	4.73	$8,702
Apr 2014	0	1,578	95.94	4.81	$7,589
Mar 2014	0	1,647	95.89	5.06	$8,329
Feb 2014	0	2,025	97.40	6.19	$12,539
Jan 2014	0	2,564	90.40	4.86	$12,463
Dec 2013	0	2,602	91.82	4.35	$11,330
Nov 2013	0	2,590	88.85	3.74	$9,682
Oct 2013	0	2,933	97.42	3.78	$11,085
Sep 2013	0	2,884	104.11	3.72	$10,722
Aug 2013	0	2,648	104.25	3.52	$9,328
Jul 2013	0	2,610	102.52	3.72	$9,703
Jun 2013	0	1,121	94.40	3.93	$4,409
May 2013	176	2,858	94.83	4.15	$28,548
Apr 2013	0	2,596	93.96	4.28	$11,118
Mar 2013	0	2,844	93.62	3.91	$11,128
Feb 2013	0	1,894	91.23	3.42	$6,477
Jan 2013	0	2,885	91.60	3.42	$9,866
Dec 2012	0	2,709	86.77	3.42	$9,265
Nov 2012	0	2,358	86.95	3.62	$8,548
Oct 2012	0	2,253	89.38	3.40	$7,659
Sep 2012	0	2,913	94.67	2.92	$8,501
Aug 2012	0	3,063	92.66	2.91	$8,908
Jul 2012	0	3,802	85.13	3.02	$11,485
Jun 2012	0	3,464	79.82	2.52	$8,726
May 2012	0	3,380	91.61	2.49	$8,411
Apr 2012	0	3,325	101.65	2.00	$6,639
Mar 2012	177	2,752	105.05	2.22	$24,709
Feb 2012	0	3,242	101.10	2.57	$8,333
Jan 2012	0	3,725	98.09	2.73	$10,184
Dec 2011	0	3,700	96.87	3.24	$11,987
Nov 2011	0	3,628	95.72	3.31	$12,013
Oct 2011	0	2,932	84.98	3.65	$10,698
Sep 2011	0	2,667	83.62	3.99	$10,630
Aug 2011	0	3,918	83.40	4.15	$16,257
Jul 2011	0	2,969	94.14	4.52	$13,412
Jun 2011	0	2,672	92.90	4.64	$12,398
May 2011	0	2,157	98.13	4.40	$9,501
Apr 2011	0	1,871	105.96	4.33	$8,108
Mar 2011	0	3,201	96.36	4.06	$12,988
Feb 2011	178	2,420	85.64	4.18	$25,359
Jan 2011	0	2,809	86.50	4.59	$12,890
Dec 2010	0	2,598	85.73	4.35	$11,295
Nov 2010	0	2,345	80.84	3.80	$8,900
Oct 2010	0	2,741	78.10	3.51	$9,618
Sep 2010	0	1,789	72.63	3.98	$7,119
Aug 2010	0	2,761	73.68	4.42	$12,202
Jul 2010	0	2,838	72.55	4.74	$13,442
Jun 2010	0	2,858	70.36	4.91	$14,034
May 2010	0	2,617	71.12	4.24	$11,084
Apr 2010	0	3,066	81.69	4.12	$12,640
Mar 2010	179	2,707	78.39	4.39	$25,912
Feb 2010	0	2,606	73.58	5.44	$14,183
Jan 2010	0	2,566	74.36	5.96	$15,304
Dec 2009	0	2,193	71.44	5.48	$12,026
Nov 2009	0	2,805	74.59	3.75	$10,523
Oct 2009	0	2,988	72.54	4.11	$12,281
Sep 2009	0	2,419	65.54	3.06	$7,414
Aug 2009	0	2,310	67.42	3.22	$7,435
Jul 2009	0	2,587	61.13	3.46	$8,963
Jun 2009	0	1,822	66.16	3.90	$7,097
May 2009	0	2,352	54.74	3.93	$9,233
Apr 2009	0	2,395	46.77	3.59	$8,592
Mar 2009	0	2,658	42.14	4.06	$10,789
Feb 2009	163	2,509	32.81	4.63	$16,972
Jan 2009	0	2,935	35.86	5.37	$15,764
Dec 2008	0	3,219	37.10	5.98	$19,240
Nov 2008	0	3,206	55.49	6.86	$21,994
Oct 2008	0	3,151	75.24	6.92	$21,811
Sep 2008	0	3,288	101.76	7.88	$25,900
Aug 2008	0	3,067	114.22	8.48	$26,017
Jul 2008	0	3,230	131.08	11.39	$36,788
Jun 2008	0	3,212	131.33	13.03	$41,861
May 2008	0	3,400	123.17	11.57	$39,353
Apr 2008	174	3,369	110.31	10.45	$54,416
Mar 2008	0	3,492	101.90	9.66	$33,747
Feb 2008	0	3,500	92.53	8.77	$30,697
Jan 2008	0	3,723	90.38	8.21	$30,550
Dec 2007	0	3,756	88.33	7.30	$27,426
Nov 2007	0	3,670	91.67	7.29	$26,761
Oct 2007	0	3,993	82.85	6.92	$27,639
Sep 2007	0	3,593	75.84	6.24	$22,435
Aug 2007	140	3,858	69.06	6.39	$34,313
Jul 2007	0	3,990	70.90	6.39	$25,488
Jun 2007	0	3,979	62.00	7.55	$30,035
May 2007	0	4,233	58.74	7.85	$33,213
Apr 2007	0	4,175	59.61	7.81	$32,587
Mar 2007	0	4,674	56.92	7.30	$34,129
Feb 2007	175	3,795	55.10	8.22	$40,822
Jan 2007	0	5,656	50.30	6.73	$38,047
Dec 2006	0	4,578	56.65	6.92	$31,673
Nov 2006	0	4,437	54.20	7.62	$33,799
Oct 2006	0	4,697	54.90	6.01	$28,247
Sep 2006	171	4,241	60.08	5.04	$31,636
Aug 2006	0	4,769	68.71	7.34	$35,004
Jul 2006	0	5,698	69.37	6.34	$36,141
Jun 2006	0	5,154	66.28	6.38	$32,903
May 2006	0	5,352	66.01	6.42	$34,387
Apr 2006	0	3,518	64.39	7.36	$25,894
Mar 2006	179	5,429	56.70	7.08	$48,602
Feb 2006	0	5,606	57.59	7.75	$43,453
Jan 2006	0	5,730	60.59	8.93	$51,188
Dec 2005	0	5,355	54.94	13.42	$71,839
Nov 2005	0	6,272	54.69	10.59	$66,410
Oct 2005	133	5,740	58.34	13.80	$86,947
Sep 2005	0	5,667	61.45	12.08	$68,452
Aug 2005	0	6,292	61.51	9.80	$61,642
Jul 2005	0	6,298	55.69	7.84	$49,399
Jun 2005	163	5,684	52.33	7.38	$50,484
May 2005	0	6,581	45.22	6.65	$43,771
Apr 2005	0	6,024	49.20	7.36	$44,340
Mar 2005	0	7,380	50.37	7.15	$52,803
Feb 2005	153	7,337	45.22	6.31	$53,229
Jan 2005	0	7,337	43.16	6.32	$46,386
Dec 2004	0	7,640	39.86	6.75	$51,578
Nov 2004	170	7,171	45.28	6.33	$53,093
Oct 2004	0	6,972	49.70	6.52	$45,423
Sep 2004	0	7,877	43.24	5.28	$41,621
Aug 2004	0	7,714	42.37	5.55	$42,818
Jul 2004	156	7,977	38.28	6.08	$54,505
Jun 2004	0	7,201	36.10	6.43	$46,324
May 2004	140	8,685	37.48	6.49	$61,653
Apr 2004	0	7,271	34.47	5.86	$42,597
Mar 2004	0	6,121	34.36	5.53	$33,850
Feb 2004	141	6,455	32.45	5.51	$40,140
Jan 2004	0	7,738	32.03	6.30	$48,747
Dec 2003	0	0	30.26	6.30	$0
Nov 2003	0	11,688	28.80	4.60	$53,708
Oct 2003	0	0	28.17	4.76	$0
Sep 2003	0	0	26.31	4.75	$0
Aug 2003	0	5,623	29.76	5.13	$28,844
Jul 2003	0	19,000	29.41	5.17	$98,246
Jun 2003	0	22,100	28.56	5.98	$132,223
May 2003	0	0	26.59	5.97	$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.

Oct 2022 — as filed, then multipliedworked

Condensate            25 bbl  × $ 87.18 =     $2,180
Gas                    0 Mcf  × $  5.86 =         $0

────────────────────────────────────────────────────
Month total                                   $2,180

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/201000 is the state's own key, not one this site invented.