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 218334District 06Field 664612752 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.4 M
Nov 2005 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
247
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 Gas112006-10-02170230
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
CondensateDisposition619 bbl$50,354
GasProduction372,740 Mcf$2,367,753
Total$2,418,107

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 32.3203, -94.7432. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.32034, -94.74318 · 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
10,977 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 10,977 ft.

Completions filed
Nov 2005
1 of 1 wells

1 well

42-40133549610,977 ftNov 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 (247)

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

247 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 201901153.472.42$27
Sep 201901255.052.66$32
Aug 201901353.112.30$30
Jul 201901356.272.46$32
Jun 201901252.782.49$30
May 201901058.482.74$27
Apr 20190362.632.75$8
Mar 20190056.803.06$0
Feb 201902350.852.79$64
Jan 20190046.033.23$0
Dec 20180146.594.19$4
Nov 201801052.934.24$42
Oct 201801661.443.40$54
Sep 201801959.543.11$59
Aug 201803559.403.07$107
Jul 201803365.142.93$97
Jun 201805960.183.08$182
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 201801961.782.77$53
Jan 20180062.874.01$0
Dec 201701957.272.92$56
Nov 201704355.423.12$134
Oct 201701949.292.98$57
Sep 20170047.523.09$0
Aug 2017032345.373.00$970
Jul 201701,16543.873.09$3,597
Jun 2017027542.493.09$849
May 2017060045.373.26$1,958
Apr 20170047.933.21$0
Mar 2017095746.772.98$2,855
Feb 201702,18550.452.95$6,451
Jan 201702,01149.413.42$6,875
Dec 2016095748.763.72$3,563
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 2015074232.362.00$1,485
Nov 2015391,29138.792.17$4,311
Oct 201501,38643.552.43$3,363
Sep 201511,25842.992.76$3,513
Aug 201501,20140.162.87$3,450
Jul 201501,08348.152.95$3,190
Jun 201501,17956.152.88$3,399
May 201501,11855.212.96$3,304
Apr 201511,25849.822.71$3,455
Mar 201501,45642.892.93$4,273
Feb 201511,21644.662.98$3,664
Jan 201501,25443.433.10$3,888
Dec 201401,34854.693.59$4,841
Nov 2014761,34570.464.25$11,074
Oct 201401,34678.303.90$5,251
Sep 201411,13986.164.05$4,694
Aug 201401,08089.394.04$4,358
Jul 201401,13996.564.18$4,761
Jun 201401,30098.164.74$6,158
May 201401,49294.734.73$7,052
Apr 201421,40195.944.81$6,929
Mar 201401,36895.895.06$6,918
Feb 201401,46497.406.19$9,065
Jan 201411,55890.404.86$7,663
Dec 201311,42491.824.35$6,293
Nov 201301,20188.853.74$4,490
Oct 201301,15397.423.78$4,358
Sep 20130899104.113.72$3,342
Aug 201301,501104.253.52$5,287
Jul 201301,726102.523.72$6,417
Jun 201301,64194.403.93$6,455
May 201311,82694.834.15$7,671
Apr 201301,39693.964.28$5,979
Mar 201302,13993.623.91$8,370
Feb 201301,77091.233.42$6,053
Jan 201302,01591.603.42$6,891
Dec 20121252,12286.773.42$18,104
Nov 201201,94786.953.62$7,058
Oct 201201,83289.383.40$6,228
Sep 201212,01694.672.92$5,978
Aug 201202,11992.662.91$6,162
Jul 201202,15885.133.02$6,519
Jun 201201,96979.822.52$4,960
May 201202,02391.612.49$5,034
Apr 201201,691101.652.00$3,377
Mar 201211,704105.052.22$3,891
Feb 2012171,504101.102.57$5,584
Jan 201201,70298.092.73$4,653
Dec 201101,70396.873.24$5,517
Nov 201101,83595.723.31$6,076
Oct 201102,32984.983.65$8,497
Sep 201102,24483.623.99$8,944
Aug 201102,50683.404.15$10,398
Jul 201101,91994.144.52$8,669
Jun 201102,19392.904.64$10,175
May 201102,16098.134.40$9,514
Apr 201102,158105.964.33$9,351
Mar 201102,28996.364.06$9,287
Feb 201102,02185.644.18$8,448
Jan 201102,46086.504.59$11,288
Dec 201002,27985.734.35$9,909
Nov 201002,23480.843.80$8,479
Oct 201002,67878.103.51$9,397
Sep 201002,30572.633.98$9,173
Aug 201002,75773.684.42$12,184
Jul 201002,38872.554.74$11,311
Jun 201002,30070.364.91$11,294
May 201001,96371.124.24$8,314
Apr 201002,07381.694.12$8,546
Mar 201002,42578.394.39$10,643
Feb 201001,75473.585.44$9,546
Jan 201001,61674.365.96$9,638
Dec 200901,80771.445.48$9,909
Nov 200902,08874.593.75$7,833
Oct 200901,73672.544.11$7,135
Sep 200901,73965.543.06$5,330
Aug 200902,04767.423.22$6,588
Jul 200902,33261.133.46$8,079
Jun 200902,15666.163.90$8,398
May 200902,46554.743.93$9,677
Apr 200902,88946.773.59$10,364
Mar 200902,71742.144.06$11,028
Feb 200902,21532.814.63$10,262
Jan 200902,98535.865.37$16,032
Dec 200802,61337.105.98$15,618
Nov 200802,64255.496.86$18,125
Oct 200803,03275.246.92$20,987
Sep 200803,010101.767.88$23,710
Aug 200803,179114.228.48$26,968
Jul 200802,678131.0811.39$30,501
Jun 200802,743131.3313.03$35,749
May 200802,827123.1711.57$32,721
Apr 20081782,965110.3110.45$50,634
Mar 200803,169101.909.66$30,625
Feb 200803,05092.538.77$26,750
Jan 200803,35990.388.21$27,563
Dec 200703,66988.337.30$26,791
Nov 200703,79991.677.29$27,701
Oct 200703,97182.856.92$27,487
Sep 200704,34975.846.24$27,156
Aug 200704,46869.066.39$28,541
Jul 200705,20970.906.39$33,275
Jun 200705,34162.007.55$40,316
May 200706,05858.747.85$47,533
Apr 200706,79859.617.81$53,060
Mar 200708,42556.927.30$61,519
Feb 200702,89355.108.22$23,769
Jan 20070050.306.73$0
Dec 200602,14056.656.92$14,805
Nov 200605,21254.207.62$39,702
Oct 200604,15554.906.01$24,987
Sep 20061736,05860.085.04$40,909
Aug 200606,56568.717.34$48,187
Jul 200607,30569.376.34$46,334
Jun 200607,07466.286.38$45,160
May 200609,02766.016.42$57,998
Apr 200609,23764.397.36$67,989
Mar 200609,96456.707.08$70,574
Feb 200609,12757.597.75$70,744
Jan 2006011,97160.598.93$106,941
Dec 2005018,54454.9413.42$248,775
Nov 2005015,60654.6910.59$165,243

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 2019 — as filed, then multipliedworked
Condensate             0 bbl  × $ 53.47 =         $0
Gas                   11 Mcf  × $  2.42 =        $27

────────────────────────────────────────────────────
Month total                                      $27

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/218334 is the state's own key, not one this site invented.