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 218253District 06Field 664612752 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.6 M
Dec 2005 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
246
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 Gas112006-10-02170232
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
CondensateDisposition1,689 bbl$123,638
GasProduction399,638 Mcf$2,521,972
Total$2,645,611

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 32.3265, -94.7455. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.32651, -94.74546 · 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
11,010 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 11,010 ft.

Completions filed
Dec 2005
1 of 1 wells

1 well

42-40133550711,010 ftDec 2005

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 (246)

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

246 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 2022670108.885.08$7,295
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 2020011349.881.98$224
Jan 2020019457.252.09$406
Dec 2019010159.012.30$233
Nov 201908755.302.75$239
Oct 2019010353.472.42$249
Sep 2019021755.052.66$577
Aug 2019012053.112.30$277
Jul 2019013556.272.46$332
Jun 2019012152.782.49$301
May 2019012558.482.74$343
Apr 2019015862.632.75$435
Mar 2019020456.803.06$625
Feb 2019038750.852.79$1,081
Jan 2019070846.033.23$2,286
Dec 2018017146.594.19$716
Nov 2018022852.934.24$966
Oct 2018022661.443.40$768
Sep 2018026759.543.11$830
Aug 2018026759.403.07$819
Jul 2018025465.142.93$745
Jun 2018029460.183.08$905
May 2018041765.382.90$1,210
Apr 2018066663.842.90$1,932
Mar 2018041161.222.79$1,145
Feb 201831,37761.782.77$3,994
Jan 2018033762.874.01$1,351
Dec 2017030057.272.92$876
Nov 2017027455.423.12$854
Oct 2017017149.292.98$510
Sep 2017013047.523.09$401
Aug 2017018845.373.00$565
Jul 2017122843.873.09$748
Jun 2017022742.493.09$701
May 2017127745.373.26$949
Apr 2017024547.933.21$787
Mar 2017034646.772.98$1,032
Feb 2017136150.452.95$1,116
Jan 2017045549.413.42$1,556
Dec 2016052848.763.72$1,966
Nov 2016075442.492.64$1,994
Oct 2016049246.193.09$1,520
Sep 2016086041.553.10$2,667
Aug 2016094041.442.92$2,749
Jul 2016066241.622.92$1,936
Jun 2016060245.352.69$1,617
May 201601,08642.521.99$2,162
Apr 201611,08836.561.99$2,203
Mar 2016053333.011.79$956
Feb 2016056526.472.06$1,166
Jan 2016074027.352.36$1,750
Dec 201542,03632.362.00$4,204
Nov 20155299938.792.17$4,182
Oct 2015055243.552.43$1,339
Sep 2015052942.992.76$1,459
Aug 2015055240.162.87$1,586
Jul 2015055348.152.95$1,629
Jun 2015070256.152.88$2,024
May 201501,71055.212.96$5,054
Apr 2015055349.822.71$1,497
Mar 2015071142.892.93$2,087
Feb 2015064544.662.98$1,920
Jan 2015066443.433.10$2,059
Dec 2014066954.693.59$2,403
Nov 201410968570.464.25$10,593
Oct 2014073578.303.90$2,867
Sep 2014094686.164.05$3,827
Aug 201401,01689.394.04$4,100
Jul 2014074096.564.18$3,093
Jun 2014091798.164.74$4,344
May 201401,42594.734.73$6,735
Apr 201401,92495.944.81$9,253
Mar 201401,78695.895.06$9,031
Feb 201401,08997.406.19$6,743
Jan 201402,07390.404.86$10,076
Dec 201301,34491.824.35$5,852
Nov 2013078088.853.74$2,916
Oct 2013083697.423.78$3,160
Sep 20130659104.113.72$2,450
Aug 201301,000104.253.52$3,523
Jul 201301,137102.523.72$4,227
Jun 201301,07694.403.93$4,232
May 201311,20894.834.15$5,107
Apr 201301,13293.964.28$4,848
Mar 201301,31693.623.91$5,149
Feb 201301,21891.233.42$4,165
Jan 201301,26491.603.42$4,323
Dec 2012371,31086.773.42$7,691
Nov 201201,34386.953.62$4,868
Oct 201201,45289.383.40$4,936
Sep 201201,40194.672.92$4,089
Aug 201201,56792.662.91$4,557
Jul 201201,62285.133.02$4,900
Jun 201201,52879.822.52$3,849
May 201201,64991.612.49$4,103
Apr 201201,675101.652.00$3,345
Mar 201201,624105.052.22$3,609
Feb 201281,482101.102.57$4,618
Jan 201202,44098.092.73$6,671
Dec 201102,39096.873.24$7,743
Nov 201102,22895.723.31$7,378
Oct 201102,18984.983.65$7,987
Sep 201102,34983.623.99$9,363
Aug 201102,63583.404.15$10,933
Jul 20111672,15594.144.52$25,456
Jun 201102,66692.904.64$12,370
May 201102,47898.134.40$10,915
Apr 201102,498105.964.33$10,825
Mar 201102,62996.364.06$10,667
Feb 201102,48185.644.18$10,371
Jan 201102,46386.504.59$11,302
Dec 201002,65185.734.35$11,526
Nov 201002,90580.843.80$11,025
Oct 201003,05078.103.51$10,702
Sep 201002,37572.633.98$9,451
Aug 201002,67273.684.42$11,809
Jul 201002,93872.554.74$13,916
Jun 201002,74670.364.91$13,484
May 20101862,21371.124.24$22,601
Apr 201002,35781.694.12$9,717
Mar 201002,19878.394.39$9,646
Feb 201002,10573.585.44$11,456
Jan 201002,51774.365.96$15,012
Dec 200902,12271.445.48$11,637
Nov 200902,35774.593.75$8,842
Oct 200902,20172.544.11$9,047
Sep 200902,53665.543.06$7,772
Aug 200902,50867.423.22$8,072
Jul 200902,52861.133.46$8,758
Jun 200902,44066.163.90$9,504
May 200903,66854.743.93$14,400
Apr 200902,64146.773.59$9,475
Mar 20091872,86342.144.06$19,501
Feb 200902,55832.814.63$11,851
Jan 200903,60835.865.37$19,379
Dec 200803,69137.105.98$22,062
Nov 200803,67355.496.86$25,198
Oct 200803,61575.246.92$25,023
Sep 200804,241101.767.88$33,407
Aug 200803,726114.228.48$31,608
Jul 200803,830131.0811.39$43,622
Jun 200803,164131.3313.03$41,235
May 200803,597123.1711.57$41,633
Apr 20081303,462110.3110.45$50,535
Mar 200803,787101.909.66$36,598
Feb 200803,71092.538.77$32,539
Jan 200804,00490.388.21$32,856
Dec 200704,26688.337.30$31,150
Nov 200704,28791.677.29$31,260
Oct 20071874,46282.856.92$46,379
Sep 200704,81375.846.24$30,053
Aug 200704,98769.066.39$31,857
Jul 200705,65370.906.39$36,111
Jun 200706,12862.007.55$46,257
May 200707,18758.747.85$56,391
Apr 200707,80159.617.81$60,888
Mar 200709,31156.927.30$67,989
Feb 200702,11055.108.22$17,336
Jan 20070050.306.73$0
Dec 200602,23756.656.92$15,477
Nov 200605,05754.207.62$38,522
Oct 200605,12854.906.01$30,839
Sep 200686,72760.085.04$34,366
Aug 20063617,27468.717.34$78,195
Jul 200608,63869.376.34$54,789
Jun 200608,09866.286.38$51,697
May 2006010,48566.016.42$67,366
Apr 2006010,81364.397.36$79,589
Mar 200617811,28356.707.08$90,009
Feb 2006011,54557.597.75$89,487
Jan 2006016,73960.598.93$149,535
Dec 2005022,17754.9413.42$297,513

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 2022 — as filed, then multipliedworked
Condensate            67 bbl  × $108.88 =     $7,295
Gas                    0 Mcf  × $  5.08 =         $0

────────────────────────────────────────────────────
Month total                                   $7,295

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/218253 is the state's own key, not one this site invented.