MCOWAN OIL UNIT

Name: MCOWAN OIL UNIT lease production and value, Nov 1998 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by BUFFCO PRODUCTION INC. (P-5 106406) in the GOOCH (PETTIT) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 13915District 06Field 35730500OilCasinghead gasSave Export

Value, all time

$2.0 M

Nov 1998 – Oct 2021

Value, last 12 filed months

$1 k

at the published price for each month

Months reported

276

no gaps in the span

Streams

oil, casinghead gas

The GOOCH (PETTIT) field

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 24 leases and 25 wells, and the rule below applies to all of them.

Discovered

1975-09-29

as the register files it

Field class

Oil and gas

the register's own label

Between wells

1,320 ft

minimum

From a lease line

660 ft

minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 1998-08-01.

The Commission's schedule remark for this field reads: “ALLOCATION FORMULA EFFECTIVE 08/01/98.”

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.

Stream	Basis	Volume	Value
Oil	Disposition	25,082 bbl	$1,254,707
Casinghead gas	Production	147,971 Mcf	$696,623
Total			$1,951,330

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 32.6308, -94.4592. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.63076, -94.45918 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

0.0%

0 of 1 wells

Median depth

7,606 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

1100.0%

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.

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 7,606 ft.

Completions filed

Nov 1998

1 of 1 wells

1 well


42-20330889	1	7,606 ft	Nov 1998	—	Yes

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 (276)

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

276 months


Oct 2021	0	0	79.79	5.71	$0
Sep 2021	0	0	69.86	5.35	$0
Aug 2021	0	0	66.02	4.22	$0
Jul 2021	0	0	70.78	3.98	$0
Jun 2021	0	0	69.49	3.38	$0
May 2021	0	0	63.48	3.02	$0
Apr 2021	0	0	60.36	2.76	$0
Mar 2021	0	0	61.30	2.72	$0
Feb 2021	0	89	57.80	5.55	$494
Jan 2021	0	73	50.41	2.81	$205
Dec 2020	0	72	44.64	2.68	$193
Nov 2020	0	99	38.77	2.71	$268
Oct 2020	0	153	36.97	2.48	$379
Sep 2020	0	149	37.09	1.99	$297
Aug 2020	0	164	39.98	2.39	$391
Jul 2020	0	165	38.37	1.83	$301
Jun 2020	0	160	34.90	1.69	$270
May 2020	0	236	16.92	1.81	$428
Apr 2020	0	223	14.75	1.80	$402
Mar 2020	0	234	30.34	1.86	$434
Feb 2020	0	215	49.88	1.98	$426
Jan 2020	0	265	57.25	2.09	$555
Dec 2019	148	183	59.01	2.30	$9,155
Nov 2019	0	135	55.30	2.75	$371
Oct 2019	0	145	53.47	2.42	$351
Sep 2019	0	195	55.05	2.66	$518
Aug 2019	0	134	53.11	2.30	$309
Jul 2019	0	0	56.27	2.46	$0
Jun 2019	0	217	52.78	2.49	$541
May 2019	0	226	58.48	2.74	$619
Apr 2019	0	247	62.63	2.75	$679
Mar 2019	0	198	56.80	3.06	$606
Feb 2019	171	161	50.85	2.79	$9,145
Jan 2019	1	370	46.03	3.23	$1,240
Dec 2018	6	302	46.59	4.19	$1,544
Nov 2018	170	439	52.93	4.24	$10,858
Oct 2018	2	422	61.44	3.40	$1,557
Sep 2018	3	461	59.54	3.11	$1,611
Aug 2018	166	461	59.40	3.07	$11,274
Jul 2018	162	421	65.14	2.93	$11,787
Jun 2018	4	437	60.18	3.08	$1,585
May 2018	4	439	65.38	2.90	$1,535
Apr 2018	175	453	63.84	2.90	$12,486
Mar 2018	2	428	61.22	2.79	$1,315
Feb 2018	4	420	61.78	2.77	$1,409
Jan 2018	164	476	62.87	4.01	$12,219
Dec 2017	172	364	57.27	2.92	$10,914
Nov 2017	1	402	55.42	3.12	$1,309
Oct 2017	170	432	49.29	2.98	$9,668
Sep 2017	172	366	47.52	3.09	$9,303
Aug 2017	2	425	45.37	3.00	$1,368
Jul 2017	2	449	43.87	3.09	$1,474
Jun 2017	162	475	42.49	3.09	$8,350
May 2017	159	529	45.37	3.26	$8,940
Apr 2017	0	460	47.93	3.21	$1,477
Mar 2017	170	454	46.77	2.98	$9,305
Feb 2017	0	289	50.45	2.95	$853
Jan 2017	0	284	49.41	3.42	$971
Dec 2016	172	402	48.76	3.72	$9,883
Nov 2016	23	380	42.49	2.64	$1,982
Oct 2016	83	438	46.19	3.09	$5,187
Sep 2016	27	532	41.55	3.10	$2,771
Aug 2016	156	479	41.44	2.92	$7,865
Jul 2016	165	503	41.62	2.92	$8,338
Jun 2016	163	504	45.35	2.69	$8,746
May 2016	0	522	42.52	1.99	$1,039
Apr 2016	0	511	36.56	1.99	$1,017
Mar 2016	171	513	33.01	1.79	$6,565
Feb 2016	0	418	26.47	2.06	$863
Jan 2016	169	468	27.35	2.36	$5,729
Dec 2015	0	534	32.36	2.00	$1,069
Nov 2015	171	486	38.79	2.17	$7,686
Oct 2015	1	524	43.55	2.43	$1,315
Sep 2015	159	551	42.99	2.76	$8,355
Aug 2015	0	512	40.16	2.87	$1,471
Jul 2015	172	558	48.15	2.95	$9,925
Jun 2015	175	547	56.15	2.88	$11,403
May 2015	0	607	55.21	2.96	$1,794
Apr 2015	2	560	49.82	2.71	$1,615
Mar 2015	336	466	42.89	2.93	$15,779
Feb 2015	2	438	44.66	2.98	$1,393
Jan 2015	0	498	43.43	3.10	$1,544
Dec 2014	0	531	54.69	3.59	$1,907
Nov 2014	180	487	70.46	4.25	$14,753
Oct 2014	169	570	78.30	3.90	$15,456
Sep 2014	1	629	86.16	4.05	$2,631
Aug 2014	170	677	89.39	4.04	$17,928
Jul 2014	1	659	96.56	4.18	$2,851
Jun 2014	160	657	98.16	4.74	$18,818
May 2014	1	672	94.73	4.73	$3,271
Apr 2014	172	592	95.94	4.81	$19,349
Mar 2014	2	561	95.89	5.06	$3,029
Feb 2014	4	548	97.40	6.19	$3,783
Jan 2014	165	554	90.40	4.86	$17,609
Dec 2013	2	718	91.82	4.35	$3,310
Nov 2013	169	416	88.85	3.74	$16,571
Oct 2013	178	708	97.42	3.78	$20,017
Sep 2013	0	515	104.11	3.72	$1,915
Aug 2013	0	264	104.25	3.52	$930
Jul 2013	0	338	102.52	3.72	$1,257
Jun 2013	0	221	94.40	3.93	$869
May 2013	0	447	94.83	4.15	$1,855
Apr 2013	178	441	93.96	4.28	$18,614
Mar 2013	5	589	93.62	3.91	$2,773
Feb 2013	183	348	91.23	3.42	$17,885
Jan 2013	15	474	91.60	3.42	$2,995
Dec 2012	3	626	86.77	3.42	$2,401
Nov 2012	170	610	86.95	3.62	$16,993
Oct 2012	0	459	89.38	3.40	$1,560
Sep 2012	173	628	94.67	2.92	$18,211
Aug 2012	4	670	92.66	2.91	$2,319
Jul 2012	170	649	85.13	3.02	$16,433
Jun 2012	0	643	79.82	2.52	$1,620
May 2012	151	409	91.61	2.49	$14,851
Apr 2012	0	631	101.65	2.00	$1,260
Mar 2012	172	699	105.05	2.22	$19,622
Feb 2012	2	405	101.10	2.57	$1,243
Jan 2012	174	373	98.09	2.73	$18,087
Dec 2011	0	523	96.87	3.24	$1,694
Nov 2011	180	562	95.72	3.31	$19,091
Oct 2011	1	488	84.98	3.65	$1,865
Sep 2011	170	369	83.62	3.99	$15,686
Aug 2011	0	551	83.40	4.15	$2,286
Jul 2011	175	557	94.14	4.52	$18,991
Jun 2011	1	563	92.90	4.64	$2,705
May 2011	177	0	98.13	4.40	$17,369
Apr 2011	0	711	105.96	4.33	$3,081
Mar 2011	1	496	96.36	4.06	$2,109
Feb 2011	166	1,521	85.64	4.18	$20,574
Jan 2011	179	778	86.50	4.59	$19,054
Dec 2010	0	795	85.73	4.35	$3,456
Nov 2010	188	747	80.84	3.80	$18,033
Oct 2010	1	814	78.10	3.51	$2,934
Sep 2010	177	768	72.63	3.98	$15,912
Aug 2010	163	784	73.68	4.42	$15,475
Jul 2010	0	801	72.55	4.74	$3,794
Jun 2010	177	729	70.36	4.91	$16,033
May 2010	0	691	71.12	4.24	$2,927
Apr 2010	0	738	81.69	4.12	$3,043
Mar 2010	178	781	78.39	4.39	$17,381
Feb 2010	0	708	73.58	5.44	$3,853
Jan 2010	178	847	74.36	5.96	$18,288
Dec 2009	0	800	71.44	5.48	$4,387
Nov 2009	175	698	74.59	3.75	$15,672
Oct 2009	50	683	72.54	4.11	$6,434
Sep 2009	176	660	65.54	3.06	$13,558
Aug 2009	0	713	67.42	3.22	$2,295
Jul 2009	174	655	61.13	3.46	$12,906
Jun 2009	0	767	66.16	3.90	$2,987
May 2009	174	710	54.74	3.93	$12,312
Apr 2009	0	803	46.77	3.59	$2,881
Mar 2009	177	814	42.14	4.06	$10,763
Feb 2009	180	763	32.81	4.63	$9,441
Jan 2009	174	862	35.86	5.37	$10,869
Dec 2008	1	509	37.10	5.98	$3,079
Nov 2008	176	771	55.49	6.86	$15,056
Oct 2008	1	653	75.24	6.92	$4,595
Sep 2008	177	727	101.76	7.88	$23,738
Aug 2008	0	755	114.22	8.48	$6,405
Jul 2008	166	775	131.08	11.39	$30,586
Jun 2008	0	420	131.33	13.03	$5,474
May 2008	1	845	123.17	11.57	$9,903
Apr 2008	157	602	110.31	10.45	$23,613
Mar 2008	167	792	101.90	9.66	$24,671
Feb 2008	0	724	92.53	8.77	$6,350
Jan 2008	178	904	90.38	8.21	$23,506
Dec 2007	0	554	88.33	7.30	$4,045
Nov 2007	181	660	91.67	7.29	$21,405
Oct 2007	3	774	82.85	6.92	$5,606
Sep 2007	182	899	75.84	6.24	$19,416
Aug 2007	342	898	69.06	6.39	$29,355
Jul 2007	179	623	70.90	6.39	$16,671
Jun 2007	0	565	62.00	7.55	$4,265
May 2007	0	347	58.74	7.85	$2,723
Apr 2007	0	303	59.61	7.81	$2,365
Mar 2007	0	323	56.92	7.30	$2,359
Feb 2007	0	300	55.10	8.22	$2,465
Jan 2007	166	208	50.30	6.73	$9,749
Dec 2006	0	185	56.65	6.92	$1,280
Nov 2006	0	332	54.20	7.62	$2,529
Oct 2006	161	461	54.90	6.01	$11,611
Sep 2006	2	458	60.08	5.04	$2,427
Aug 2006	1	457	68.71	7.34	$3,423
Jul 2006	170	438	69.37	6.34	$14,571
Jun 2006	0	465	66.28	6.38	$2,969
May 2006	166	483	66.01	6.42	$14,061
Apr 2006	0	472	64.39	7.36	$3,474
Mar 2006	175	448	56.70	7.08	$13,096
Feb 2006	0	503	57.59	7.75	$3,899
Jan 2006	0	307	60.59	8.93	$2,743
Dec 2005	0	264	54.94	13.42	$3,542
Nov 2005	0	325	54.69	10.59	$3,441
Oct 2005	176	567	58.34	13.80	$18,090
Sep 2005	0	519	61.45	12.08	$6,269
Aug 2005	177	959	61.51	9.80	$20,282
Jul 2005	0	787	55.69	7.84	$6,173
Jun 2005	177	876	52.33	7.38	$15,728
May 2005	0	869	45.22	6.65	$5,780
Apr 2005	177	1,008	49.20	7.36	$16,128
Mar 2005	174	941	50.37	7.15	$15,497
Feb 2005	0	875	45.22	6.31	$5,523
Jan 2005	177	1,023	43.16	6.32	$14,107
Dec 2004	12	764	39.86	6.75	$5,636
Nov 2004	183	996	45.28	6.33	$14,591
Oct 2004	169	1,082	49.70	6.52	$15,449
Sep 2004	1	1,013	43.24	5.28	$5,396
Aug 2004	168	851	42.37	5.55	$11,842
Jul 2004	180	950	38.28	6.08	$12,670
Jun 2004	2	683	36.10	6.43	$4,466
May 2004	186	1,015	37.48	6.49	$13,563
Apr 2004	173	861	34.47	5.86	$11,007
Mar 2004	179	684	34.36	5.53	$9,933
Feb 2004	2	263	32.45	5.51	$1,514
Jan 2004	181	249	32.03	6.30	$7,366
Dec 2003	185	709	30.26	6.30	$10,066
Nov 2003	2	1,003	28.80	4.60	$4,667
Oct 2003	200	1,214	28.17	4.76	$11,412
Sep 2003	213	994	26.31	4.75	$10,325
Aug 2003	14	802	29.76	5.13	$4,531
Jul 2003	187	1,087	29.41	5.17	$11,120
Jun 2003	184	616	28.56	5.98	$8,941
May 2003	15	629	26.59	5.97	$4,156
Apr 2003	185	283	26.67	5.41	$6,464
Mar 2003	191	850	31.14	6.10	$11,129
Feb 2003	186	623	33.48	7.93	$11,165
Jan 2003	7	626	30.31	5.58	$3,707
Dec 2002	186	1,080	26.91	4.85	$10,247
Nov 2002	179	754	24.66	4.14	$7,533
Oct 2002	195	520	26.46	4.23	$7,359
Sep 2002	167	932	27.44	3.64	$7,970
Aug 2002	189	507	25.96	3.16	$6,511
Jul 2002	10	717	24.58	3.06	$2,441
Jun 2002	176	722	23.73	3.34	$6,587
May 2002	175	576	24.66	3.58	$6,380
Apr 2002	185	665	23.65	3.51	$6,711
Mar 2002	186	595	22.00	3.10	$5,938
Feb 2002	189	469	18.22	2.38	$4,558
Jan 2002	181	572	17.17	2.38	$4,467
Dec 2001	177	677	16.93	2.36	$4,597
Nov 2001	0	107	18.07	2.41	$257
Oct 2001	0	466	19.78	2.53	$1,178
Sep 2001	178	544	24.26	2.25	$5,543
Aug 2001	178	0	24.87	3.05	$4,427
Jul 2001	3	706	23.93	3.20	$2,329
Jun 2001	355	504	24.56	3.82	$10,646
May 2001	3	477	25.52	4.31	$2,131
Apr 2001	157	533	24.68	5.34	$6,718
Mar 2001	361	656	24.54	5.38	$12,386
Feb 2001	185	526	27.75	5.77	$8,167
Jan 2001	3	468	27.47	8.40	$4,013
Dec 2000	0	489	26.88	9.12	$4,461
Nov 2000	1	396	32.21	5.66	$2,273
Oct 2000	181	793	31.23	5.15	$9,733
Sep 2000	177	474	31.87	5.19	$8,099
Aug 2000	181	566	29.64	4.54	$7,935
Jul 2000	175	633	28.53	4.09	$7,582
Jun 2000	178	570	29.30	4.40	$7,722
May 2000	1	543	27.26	3.68	$2,025
Apr 2000	178	670	24.51	3.12	$6,451
Mar 2000	185	649	28.42	2.86	$7,114
Feb 2000	344	584	27.62	2.73	$11,094
Jan 2000	193	661	25.27	2.48	$6,517
Dec 1999	181	656	24.28	2.42	$5,985
Nov 1999	178	648	23.19	2.43	$5,705
Oct 1999	176	664	20.98	2.80	$5,554
Sep 1999	180	620	21.75	2.62	$5,539
Aug 1999	0	540	19.26	2.88	$1,553
Jul 1999	178	0	17.89	2.37	$3,184
Jun 1999	181	802	15.94	2.36	$4,780
May 1999	164	646	15.79	2.32	$4,089
Apr 1999	169	690	15.10	2.21	$4,075
Mar 1999	173	950	12.47	1.84	$3,904
Feb 1999	170	0	9.98	1.82	$1,697
Jan 1999	362	410	10.38	1.90	$4,537
Dec 1998	172	753	9.20	1.77	$2,918
Nov 1998	66	776	10.89	2.19	$2,415

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.

Feb 2021 — as filed, then multipliedworked

Oil                    0 bbl  × $ 57.80 =         $0
Casinghead gas        89 Mcf  × $  5.55 =       $494

────────────────────────────────────────────────────
Month total                                     $494

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/O/13915 is the state's own key, not one this site invented.