MCGREDE

Operated by NECHES EXPLORATION, L.L.C. (P-5 601861) in the WILLOW SPRINGS-MACKEY (TR. PK.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 283968District 06Field 97760500CondensateGasSaveExport
Value, all time
$211 k
Jan 2018 – May 2026
Value, last 12 filed months
$21 k
at the published price for each month
Months reported
101
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 34 leases and 34 wells, and the rule below applies to all of them.

Discovered
1977-08-19
as the register files it
Field class
Oil and gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: QUESTIONNAIRE.

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
CondensateDisposition274 bbl$17,060
GasProduction61,288 Mcf$193,801
Total$210,861

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 32.5581, -94.7617. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.55813, -94.76174 · 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
10,331 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 10,331 ft.

Completions filed
Nov 2022
1 of 1 wells

1 well

42-18331128310,331 ftNov 2022

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 (101)

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

101 months

May 20260299106.413.05$911
Apr 202658298.932.87$5,744
Mar 2026039689.753.15$1,247
Feb 2026035263.503.75$1,320
Jan 2026037759.138.00$3,015
Dec 2025032656.664.41$1,439
Nov 2025029158.593.93$1,143
Oct 2025035859.383.30$1,183
Sep 2025036762.743.08$1,129
Aug 2025039163.933.01$1,179
Jul 2025044166.743.32$1,462
Jun 2025042466.483.13$1,327
May 2025040760.553.23$1,316
Apr 2025036962.363.54$1,307
Mar 2025040967.704.27$1,746
Feb 2025036870.884.34$1,597
Jan 2025040774.324.28$1,741
Dec 2024042368.993.12$1,320
Nov 2024042769.052.20$939
Oct 2024049871.372.28$1,136
Sep 2024024069.612.36$567
Aug 2024044175.632.06$910
Jul 2024046679.932.15$1,000
Jun 2024045278.082.63$1,191
May 2024047978.812.20$1,053
Apr 2024048184.451.66$798
Mar 2024051680.301.55$797
Feb 2024049376.091.78$879
Jan 2024049773.023.30$1,639
Dec 2023052071.262.61$1,358
Nov 2023051677.892.81$1,449
Oct 2023054585.443.09$1,683
Sep 2023054889.042.74$1,499
Aug 2023059980.522.67$1,601
Jul 2023056374.852.64$1,487
Jun 2023056468.962.26$1,274
May 2023059670.622.23$1,328
Apr 2023053778.122.24$1,202
Mar 2023056372.852.39$1,347
Feb 2023053875.112.47$1,327
Jan 2023060576.533.39$2,050
Dec 2022056676.415.73$3,243
Nov 2022065285.005.65$3,681
Oct 2022022887.185.86$1,337
Sep 2022012984.888.16$1,053
Aug 202205694.529.13$511
Jul 2022011101.587.54$83
Jun 20220411115.097.98$3,279
May 20220416109.378.43$3,508
Apr 20220424104.226.84$2,899
Mar 20220453108.885.08$2,300
Feb 20227739991.054.86$8,950
Jan 2022043581.844.54$1,974
Dec 2021046471.323.90$1,809
Nov 2021043577.435.24$2,278
Oct 2021041379.795.71$2,360
Sep 2021043369.865.35$2,317
Aug 2021044966.024.22$1,895
Jul 2021046070.783.98$1,832
Jun 2021045969.493.38$1,552
May 2021052463.483.02$1,581
Apr 2021049860.362.76$1,374
Mar 2021050561.302.72$1,372
Feb 2021045857.805.55$2,541
Jan 2021051950.412.81$1,459
Dec 2020052044.642.68$1,391
Nov 2020058738.772.71$1,589
Oct 2020055836.972.48$1,383
Sep 2020054137.091.99$1,077
Aug 2020054439.982.39$1,297
Jul 2020056838.371.83$1,037
Jun 2020054534.901.69$921
May 2020061216.921.81$1,111
Apr 20206857014.751.80$2,032
Mar 2020058030.341.86$1,077
Feb 2020059649.881.98$1,180
Jan 2020061457.252.09$1,286
Dec 2019098259.012.30$2,263
Nov 2019059955.302.75$1,648
Oct 2019064953.472.42$1,570
Sep 2019060855.052.66$1,616
Aug 2019056753.112.30$1,307
Jul 2019048056.272.46$1,181
Jun 2019057152.782.49$1,422
May 2019048958.482.74$1,340
Apr 2019071862.632.75$1,975
Mar 2019093056.803.06$2,848
Feb 2019073950.852.79$2,063
Jan 201901,05146.033.23$3,393
Dec 2018711,23246.594.19$8,464
Nov 2018094752.934.24$4,013
Oct 2018096061.443.40$3,262
Sep 2018090459.543.11$2,810
Aug 2018099959.403.07$3,063
Jul 201801,08665.142.93$3,184
Jun 201801,21860.183.08$3,748
May 201801,51165.382.90$4,383
Apr 201801,85963.842.90$5,393
Mar 201802,87861.222.79$8,021
Feb 201804,58861.782.77$12,691
Jan 20180062.874.01$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.

May 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $106.41 =         $0
Gas                  299 Mcf  × $  3.05 =       $911

────────────────────────────────────────────────────
Month total                                     $911

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/283968 is the state's own key, not one this site invented.