MCGEE GAS UNIT

Operated by BP AMERICA PRODUCTION COMPANY (P-5 40798) in the WOODLAWN (COTTON VALLEY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 81824District 06Field 98563083NGPA filingCondensateGasSaveExport
Value, all time
$653 k
Jan 1993 – Jun 2005
Value, last 12 filed months
$0
at the published price for each month
Months reported
150
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 368 leases and 368 wells, and the rule below applies to all of them.

Discovered
1965-01-10
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 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 2010-11-02.

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
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
CondensateDisposition2,724 bbl$56,753
GasProduction398,480 Mcf$595,919
Total$652,672

210,263 Mcf of this lease's gas, across 47 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

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 32.6032, -94.3987. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.60323, -94.39866 · 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
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
10,050 ft
1 wells filed one
Completion to plug
26.3 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
NeitherNo plug date, and not on the schedule.
00.0%

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 10,050 ft.

Completions filed
Mar 1979
1 of 1 wells
Plug dates filed
Jun 2005
1 of 1 wells

Last completion to plug: a median of 26.3 years across the 1 well that filed both dates, with the middle half between 26.3 years and 26.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-20330593210,050 ftMar 1979Jun 2005Yes

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 (150)

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

150 months

Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 200229423.733.34$361
May 2002985324.663.58$3,279
Apr 2002242,59923.653.51$9,696
Mar 2002273,20322.003.10$10,532
Feb 2002172,08818.222.38$5,270
Jan 2002181,91117.172.38$4,849
Dec 2001361,02516.932.36$3,033
Nov 2001341,32618.072.41$3,804
Oct 2001371,26519.782.53$3,931
Sep 2001501,56924.262.25$4,745
Aug 2001391,34824.873.05$5,086
Jul 2001532,18123.933.20$8,241
Jun 2001312,56124.563.82$10,555
May 2001391,46525.524.31$7,306
Apr 2001491,68024.685.34$10,173
Mar 2001521,64624.545.38$10,126
Feb 2001501,72827.755.77$11,353
Jan 2001602,10927.478.40$19,361
Dec 2000632,20126.889.12$21,772
Nov 2000555,18732.215.66$31,120
Oct 2000686,31931.235.15$34,638
Sep 2000605,63831.875.19$31,154
Aug 2000645,37429.644.54$26,299
Jul 2000433,94728.534.09$17,369
Jun 2000483,97629.304.40$18,890
May 2000393,14127.263.68$12,621
Apr 2000452,87524.513.12$10,061
Mar 2000382,96628.422.86$9,562
Feb 2000403,20027.622.73$9,830
Jan 2000213,30025.272.48$8,716
Dec 1999213,45324.282.42$8,879
Nov 1999162,74823.192.43$7,060
Oct 1999153,55320.982.80$10,276
Sep 1999143,14721.752.62$8,546
Aug 1999133,32019.262.88$9,797
Jul 1999143,21317.892.37$7,873
Jun 1999153,33215.942.36$8,110
May 1999132,89415.792.32$6,922
Apr 1999122,44115.102.21$5,571
Mar 1999122,24112.471.84$4,269
Feb 1999111,8809.981.82$3,527
Jan 1999111,68810.381.90$3,321
Dec 1998142,4149.201.77$4,410
Nov 199871,40210.892.19$3,141
Oct 199841,05612.421.97$2,129
Sep 19980012.592.08$0
Aug 19983011.301.91$34
Jul 1998203,56611.742.24$8,213
Jun 1998164,14011.242.24$9,442
May 1998183,80512.622.21$8,622
Apr 1998203,59313.042.51$9,262
Mar 1998253,95312.802.31$9,449
Feb 1998193,57513.952.30$8,484
Jan 1998183,91814.702.15$8,707
Dec 1997213,75016.322.41$9,384
Nov 1997203,76518.193.09$11,991
Oct 1997183,95019.253.15$12,788
Sep 1997193,60817.742.95$10,998
Aug 1997213,91017.862.55$10,364
Jul 1997253,92217.582.25$9,252
Jun 1997213,90117.242.26$9,167
May 1997224,04518.972.31$9,755
Apr 1997213,54017.882.08$7,749
Mar 1997193,63518.951.94$7,409
Feb 1997202,88320.492.21$6,769
Jan 1997183,20123.483.54$11,753
Dec 1996213,25023.32$490
Nov 1996223,35121.97$483
Oct 1996163,13523.31$373
Sep 1996163,04322.22$356
Aug 1996173,19720.26$344
Jul 1996162,99819.55$313
Jun 1996183,21118.73$337
May 1996243,88819.43$466
Apr 1996253,97621.51$538
Mar 1996254,02119.38$485
Feb 1996243,82116.98$408
Jan 1996264,03517.07$444
Dec 1995254,07017.19$430
Nov 1995253,94016.00$400
Oct 1995224,21715.43$339
Sep 1995244,06816.18$388
Aug 1995234,19215.92$366
Jul 1995233,87815.24$351
Jun 1995183,14916.41$295
May 1995214,51217.56$369
Apr 1995224,44917.73$390
Mar 1995254,83816.44$411
Feb 1995224,33116.58$365
Jan 1995254,71115.92$398
Dec 1994284,97815.03$421
Nov 1994244,79915.90$382
Oct 1994254,78515.58$390
Sep 1994234,49815.29$352
Aug 1994275,02016.13$436
Jul 1994295,03517.56$509
Jun 1994264,61417.09$444
May 1994344,81415.88$540
Apr 1994334,84814.14$467
Mar 1994395,48712.46$486
Feb 1994364,86912.50$450
Jan 1994446,23012.66$557
Dec 1993446,55312.33$543
Nov 19930014.49$0
Oct 199304,48215.85$0
Sep 199304,39415.03$0
Aug 199305,00615.66$0
Jul 199305,52715.46$0
Jun 199305,69016.79$0
May 199304,76617.68$0
Apr 199304,93118.05$0
Mar 199305,19518.14$0
Feb 199305,16717.90$0
Jan 199306,29416.93$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.

Jun 2002 — as filed, then multipliedworked
Condensate             2 bbl  × $ 23.73 =        $47
Gas                   94 Mcf  × $  3.34 =       $314

────────────────────────────────────────────────────
Month total                                     $361

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/81824 is the state's own key, not one this site invented.