MCHANEY GAS UNIT NO. 1

Operated by CRATON OPERATING LLC (P-5 186717) in the OAK HILL (COTTON VALLEY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 216984District 06Field 664612752 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.2 M
Aug 2005 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
250
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 2,275 leases and 2,276 wells, and the rule below applies to all of them.

Discovered
1976-11-17
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2018-03-20.

The Commission's schedule remark for this field reads: FIELD. EFFECTIVE 4/12/16.

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 Gas112006-10-02170231
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
CondensateDisposition1,625 bbl$111,865
GasProduction419,548 Mcf$3,098,488
Total$3,210,353

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 32.3313, -94.7342. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.33132, -94.73424 · 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
11,044 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 11,044 ft.

Completions filed
Sep 2018
1 of 1 wells

1 well

42-40133548511,044 ftSep 2018

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 (250)

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

250 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 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 201802659.543.11$81
Aug 2018024659.403.07$754
Jul 2018020065.142.93$586
Jun 2018021860.183.08$671
May 2018022965.382.90$664
Apr 2018022863.842.90$661
Mar 2018025861.222.79$719
Feb 2018016561.782.77$456
Jan 2018016862.874.01$674
Dec 2017019157.272.92$558
Nov 2017015255.423.12$474
Oct 201706449.292.98$191
Sep 201701547.523.09$46
Aug 201707245.373.00$216
Jul 2017010543.873.09$324
Jun 201704142.493.09$127
May 2017026345.373.26$858
Apr 2017028147.933.21$902
Mar 2017035046.772.98$1,044
Feb 2017038150.452.95$1,125
Jan 2017042549.413.42$1,453
Dec 201606148.763.72$227
Nov 2016023742.492.64$627
Oct 201603046.193.09$93
Sep 2016012241.553.10$378
Aug 2016014841.442.92$433
Jul 2016018041.622.92$526
Jun 2016044445.352.69$1,193
May 2016032542.521.99$647
Apr 2016011736.561.99$233
Mar 2016012333.011.79$221
Feb 2016028126.472.06$580
Jan 2016027527.352.36$650
Dec 2015079232.362.00$1,585
Nov 2015035438.792.17$767
Oct 2015064443.552.43$1,563
Sep 2015064142.992.76$1,768
Aug 2015070440.162.87$2,022
Jul 2015054448.152.95$1,602
Jun 2015056156.152.88$1,617
May 2015057155.212.96$1,688
Apr 2015055349.822.71$1,497
Mar 2015052342.892.93$1,535
Feb 2015068344.662.98$2,033
Jan 2015071543.433.10$2,217
Dec 2014065754.693.59$2,360
Nov 2014068270.464.25$2,900
Oct 2014053178.303.90$2,071
Sep 2014045286.164.05$1,829
Aug 20141858589.394.04$16,880
Jul 201404796.564.18$196
Jun 2014017798.164.74$838
May 2014018194.734.73$856
Apr 2014017595.944.81$842
Mar 2014018595.895.06$936
Feb 2014017097.406.19$1,053
Jan 2014025190.404.86$1,220
Dec 2013020391.824.35$884
Nov 2013010988.853.74$407
Oct 201308297.423.78$310
Sep 20130131104.113.72$487
Aug 20130198104.253.52$697
Jul 20130230102.523.72$855
Jun 2013014994.403.93$586
May 2013023394.834.15$967
Apr 2013023493.964.28$1,002
Mar 2013028393.623.91$1,107
Feb 2013028391.233.42$968
Jan 2013038591.603.42$1,317
Dec 2012060686.773.42$2,073
Nov 2012259986.953.62$2,345
Oct 2012062489.383.40$2,121
Sep 2012066994.672.92$1,952
Aug 2012054392.662.91$1,579
Jul 2012071785.133.02$2,166
Jun 201201,74479.822.52$4,393
May 2012035691.612.49$886
Apr 20120867101.652.00$1,731
Mar 201201,085105.052.22$2,411
Feb 2012101,302101.102.57$4,357
Jan 201201,98998.092.73$5,438
Dec 201102,02196.873.24$6,548
Nov 201102,00895.723.31$6,649
Oct 20111932,11384.983.65$24,111
Sep 201102,22083.623.99$8,848
Aug 201102,35383.404.15$9,763
Jul 201101,94394.144.52$8,777
Jun 201102,43892.904.64$11,312
May 201102,31798.134.40$10,206
Apr 201102,358105.964.33$10,218
Mar 201102,64596.364.06$10,732
Feb 201102,25085.644.18$9,405
Jan 201102,45986.504.59$11,284
Dec 201002,50785.734.35$10,900
Nov 201002,57980.843.80$9,788
Oct 201002,73478.103.51$9,593
Sep 201002,51772.633.98$10,016
Aug 201002,86873.684.42$12,675
Jul 201002,49072.554.74$11,794
Jun 201002,47370.364.91$12,143
May 201002,61871.124.24$11,088
Apr 201002,81281.694.12$11,593
Mar 201002,74078.394.39$12,025
Feb 201002,29673.585.44$12,496
Jan 20101782,29174.365.96$26,900
Dec 200902,35871.445.48$12,931
Nov 200902,77874.593.75$10,422
Oct 200902,82472.544.11$11,607
Sep 200902,73365.543.06$8,376
Aug 200902,82667.423.22$9,095
Jul 200902,83061.133.46$9,805
Jun 200902,91166.163.90$11,338
May 200903,77154.743.93$14,804
Apr 200903,77346.773.59$13,536
Mar 200904,18742.144.06$16,995
Feb 200902,99332.814.63$13,867
Jan 200904,09335.865.37$21,984
Dec 200804,19837.105.98$25,092
Nov 200804,10955.496.86$28,189
Oct 20081554,14175.246.92$40,326
Sep 200803,822101.767.88$30,106
Aug 200804,994114.228.48$42,364
Jul 200805,169131.0811.39$58,872
Jun 200805,617131.3313.03$73,204
May 200804,502123.1711.57$52,107
Apr 200804,404110.3110.45$46,043
Mar 200804,657101.909.66$45,006
Feb 200804,40492.538.77$38,626
Jan 200804,80790.388.21$39,445
Dec 200705,11388.337.30$37,335
Nov 200705,37291.677.29$39,171
Oct 200705,63882.856.92$39,026
Sep 200705,90975.846.24$36,897
Aug 200701169.066.39$70
Jul 200706,47570.906.39$41,362
Jun 20071776,43962.007.55$59,578
May 200707,10058.747.85$55,709
Apr 200707,87859.617.81$61,489
Mar 2007013,55156.927.30$98,949
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20061802,57356.656.92$27,998
Nov 200605,65154.207.62$43,046
Oct 200605,17854.906.01$31,139
Sep 200696,69160.085.04$34,245
Aug 200607,52868.717.34$55,255
Jul 200608,51069.376.34$53,977
Jun 200608,05166.286.38$51,397
May 200609,80366.016.42$62,984
Apr 20061839,29964.397.36$80,228
Mar 200609,68456.707.08$68,591
Feb 2006013,87957.597.75$107,578
Jan 2006010,62860.598.93$94,943
Dec 200517311,94054.9413.42$169,685
Nov 200518014,21954.6910.59$160,401
Oct 2005020,44158.3413.80$281,999
Sep 2005025,39261.4512.08$306,710
Aug 200504,72461.519.80$46,280

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.

Sep 2018 — as filed, then multipliedworked
Condensate             0 bbl  × $ 59.54 =         $0
Gas                   26 Mcf  × $  3.11 =        $81

────────────────────────────────────────────────────
Month total                                      $81

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/216984 is the state's own key, not one this site invented.