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 244779District 06Field 664612752 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.1 M
Aug 2008 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
214
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 Gas112009-02-18189662
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
CondensateDisposition344 bbl$25,266
GasProduction207,887 Mcf$1,038,131
Total$1,063,397

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 32.3190, -94.7248. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.31900, -94.72479 · 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
11,051 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 11,051 ft.

Completions filed
Aug 2008
1 of 1 wells

1 well

42-401346621011,051 ftAug 2008

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 (214)

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

214 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 20240675.632.06$12
Jul 20240979.932.15$19
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240876.091.78$14
Jan 202402673.023.30$86
Dec 202302271.262.61$57
Nov 20230977.892.81$25
Oct 202301085.443.09$31
Sep 202304189.042.74$112
Aug 202304880.522.67$128
Jul 202305174.852.64$135
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 202305778.122.24$128
Mar 2023017472.852.39$416
Feb 202309375.112.47$229
Jan 2023024876.533.39$840
Dec 2022037576.415.73$2,148
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 2018022361.443.40$758
Sep 2018016459.543.11$510
Aug 2018011359.403.07$347
Jul 2018010865.142.93$317
Jun 2018014260.183.08$437
May 20180165.382.90$3
Apr 2018015863.842.90$458
Mar 201807361.222.79$203
Feb 201805561.782.77$152
Jan 20180062.874.01$0
Dec 201706857.272.92$199
Nov 201709155.423.12$284
Oct 201703649.292.98$107
Sep 201704347.523.09$133
Aug 201705545.373.00$165
Jul 201703343.873.09$102
Jun 201704742.493.09$145
May 201707945.373.26$258
Apr 201706247.933.21$199
Mar 201707946.772.98$236
Feb 201708650.452.95$254
Jan 201709049.413.42$308
Dec 201606948.763.72$257
Nov 201607342.492.64$193
Oct 201606046.193.09$185
Sep 201607241.553.10$223
Aug 2016010541.442.92$307
Jul 2016011841.622.92$345
Jun 2016014045.352.69$376
May 2016010942.521.99$217
Apr 2016012636.561.99$251
Mar 2016011133.011.79$199
Feb 2016012026.472.06$248
Jan 201608627.352.36$203
Dec 2015014832.362.00$296
Nov 2015011138.792.17$241
Oct 2015015243.552.43$369
Sep 2015010742.992.76$295
Aug 2015011140.162.87$319
Jul 201504848.152.95$141
Jun 2015011956.152.88$343
May 2015011955.212.96$352
Apr 201509149.822.71$246
Mar 2015013842.892.93$405
Feb 2015011544.662.98$342
Jan 2015012843.433.10$397
Dec 2014012854.693.59$460
Nov 2014013570.464.25$574
Oct 2014014078.303.90$546
Sep 201409686.164.05$388
Aug 2014013789.394.04$553
Jul 201409796.564.18$405
Jun 2014013098.164.74$616
May 2014016594.734.73$780
Apr 2014015695.944.81$750
Mar 2014010195.895.06$511
Feb 2014011797.406.19$724
Jan 2014011390.404.86$549
Dec 2013019691.824.35$853
Nov 2013013488.853.74$501
Oct 2013011797.423.78$442
Sep 2013083104.113.72$309
Aug 20130165104.253.52$581
Jul 20130204102.523.72$758
Jun 2013018594.403.93$728
May 2013017494.834.15$722
Apr 2013017893.964.28$762
Mar 2013020093.623.91$783
Feb 201307791.233.42$263
Jan 2013027191.603.42$927
Dec 2012026186.773.42$893
Nov 2012033886.953.62$1,225
Oct 2012036289.383.40$1,231
Sep 2012041194.672.92$1,199
Aug 2012051192.662.91$1,486
Jul 2012059185.133.02$1,785
Jun 2012060979.822.52$1,534
May 2012090591.612.49$2,252
Apr 201201,406101.652.00$2,808
Mar 201201,162105.052.22$2,582
Feb 201211,386101.102.57$3,663
Jan 201202,36598.092.73$6,466
Dec 201102,53196.873.24$8,200
Nov 201102,62595.723.31$8,692
Oct 20111762,63684.983.65$24,574
Sep 201101,62383.623.99$6,469
Aug 201101,10183.404.15$4,568
Jul 2011074994.144.52$3,383
Jun 2011096692.904.64$4,482
May 201101,52598.134.40$6,717
Apr 201101,430105.964.33$6,197
Mar 201102,10496.364.06$8,537
Feb 201101,72085.644.18$7,190
Jan 201102,29286.504.59$10,517
Dec 201002,61785.734.35$11,378
Nov 201002,33380.843.80$8,855
Oct 201002,60378.103.51$9,134
Sep 201002,79572.633.98$11,123
Aug 201003,19973.684.42$14,138
Jul 201002,88372.554.74$13,655
Jun 201003,00070.364.91$14,731
May 201003,21771.124.24$13,625
Apr 201003,32081.694.12$13,687
Mar 201002,84278.394.39$12,473
Feb 201002,89873.585.44$15,772
Jan 201003,73474.365.96$22,270
Dec 200903,93271.445.48$21,562
Nov 200903,94674.593.75$14,803
Oct 200904,27272.544.11$17,559
Sep 200904,36265.543.06$13,368
Aug 200904,60267.423.22$14,812
Jul 20091675,06161.133.46$27,743
Jun 200905,16366.163.90$20,110
May 200906,86654.743.93$26,954
Apr 200907,26146.773.59$26,049
Mar 200909,85442.144.06$39,997
Feb 200905,49932.814.63$25,477
Jan 200909,79635.865.37$52,614
Dec 2008010,97137.105.98$65,575
Nov 2008011,96755.496.86$82,098
Oct 2008012,87875.246.92$89,141
Sep 2008013,508101.767.88$106,404
Aug 2008011,841114.228.48$100,447

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.

Aug 2024 — as filed, then multipliedworked
Condensate             0 bbl  × $ 75.63 =         $0
Gas                    6 Mcf  × $  2.06 =        $12

────────────────────────────────────────────────────
Month total                                      $12

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/244779 is the state's own key, not one this site invented.