KCR TIMBERLAND LTD., ET AL

Operated by MACHIN & ASSOCIATES, INC. (P-5 520328) in the PLEASANT GROVE field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 14817District 06Field 71893001OilSave
Value, all time
$2.0 M
Aug 2008 – Jun 2018
Value, last 12 filed months
$0
at the published price for each month
Months reported
119
no gaps in the span
Streams
1
oil

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
OilDisposition28,367 bbl$2,000,534
Total$2,000,534

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 31.9926, -94.9273. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.99258, -94.92729 · 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
4,150 ft
1 wells filed one
Completion to plug
9.8 years
median over 1 wells

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 4,150 ft.

Completions filed
Aug 2008
1 of 1 wells
Plug dates filed
May 2018
1 of 1 wells

Last completion to plug: a median of 9.8 years across the 1 well that filed both dates, with the middle half between 9.8 years and 9.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4013476724,150 ftAug 2008May 2018Yes

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 (119)

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

119 months

Jun 2018060.183.08$0
May 2018065.382.90$0
Apr 2018063.842.90$0
Mar 2018061.222.79$0
Feb 2018061.782.77$0
Jan 2018062.874.01$0
Dec 2017057.272.92$0
Nov 2017055.423.12$0
Oct 2017049.292.98$0
Sep 2017047.523.09$0
Aug 2017045.373.00$0
Jul 2017043.873.09$0
Jun 2017042.493.09$0
May 2017045.373.26$0
Apr 2017047.933.21$0
Mar 20171746.772.98$795
Feb 2017050.452.95$0
Jan 2017049.413.42$0
Dec 2016048.763.72$0
Nov 2016042.492.64$0
Oct 2016046.193.09$0
Sep 2016041.553.10$0
Aug 2016041.442.92$0
Jul 2016041.622.92$0
Jun 2016045.352.69$0
May 2016042.521.99$0
Apr 2016036.561.99$0
Mar 2016033.011.79$0
Feb 2016026.472.06$0
Jan 2016027.352.36$0
Dec 2015032.362.00$0
Nov 2015038.792.17$0
Oct 2015043.552.43$0
Sep 2015042.992.76$0
Aug 2015040.162.87$0
Jul 2015048.152.95$0
Jun 2015056.152.88$0
May 2015055.212.96$0
Apr 2015049.822.71$0
Mar 2015042.892.93$0
Feb 2015044.662.98$0
Jan 2015043.433.10$0
Dec 2014054.693.59$0
Nov 2014070.464.25$0
Oct 2014078.303.90$0
Sep 2014086.164.05$0
Aug 2014089.394.04$0
Jul 2014096.564.18$0
Jun 2014098.164.74$0
May 2014094.734.73$0
Apr 2014095.944.81$0
Mar 2014095.895.06$0
Feb 2014097.406.19$0
Jan 2014090.404.86$0
Dec 2013091.824.35$0
Nov 201310988.853.74$9,685
Oct 2013097.423.78$0
Sep 2013148104.113.72$15,408
Aug 20130104.253.52$0
Jul 20130102.523.72$0
Jun 2013094.403.93$0
May 201317794.834.15$16,785
Apr 2013093.964.28$0
Mar 201313993.623.91$13,013
Feb 201329891.233.42$27,187
Jan 2013091.603.42$0
Dec 201215586.773.42$13,449
Nov 201219086.953.62$16,521
Oct 201218289.383.40$16,267
Sep 201217694.672.92$16,662
Aug 201218392.662.91$16,957
Jul 201218385.133.02$15,579
Jun 201237179.822.52$29,613
May 201220491.612.49$18,688
Apr 2012192101.652.00$19,517
Mar 2012170105.052.22$17,859
Feb 2012202101.102.57$20,422
Jan 201218398.092.73$17,950
Dec 2011096.873.24$0
Nov 201119895.723.31$18,953
Oct 201132984.983.65$27,958
Sep 201119683.623.99$16,390
Aug 201117683.404.15$14,678
Jul 201119794.144.52$18,546
Jun 201119292.904.64$17,837
May 201137298.134.40$36,504
Apr 2011373105.964.33$39,523
Mar 201117896.364.06$17,152
Feb 201137085.644.18$31,687
Jan 201119186.504.59$16,522
Dec 201037985.734.35$32,492
Nov 201037580.843.80$30,315
Oct 201015978.103.51$12,418
Sep 201038472.633.98$27,890
Aug 201036173.684.42$26,598
Jul 201039272.554.74$28,440
Jun 201057170.364.91$40,176
May 201018471.124.24$13,086
Apr 201053781.694.12$43,868
Mar 201039278.394.39$30,729
Feb 201038773.585.44$28,475
Jan 201055974.365.96$41,567
Dec 200955971.445.48$39,935
Nov 200937974.593.75$28,270
Oct 200972372.544.11$52,446
Sep 200955865.543.06$36,571
Aug 200955967.423.22$37,688
Jul 200957061.133.46$34,844
Jun 200977166.163.90$51,009
May 200989154.743.93$48,773
Apr 200977646.773.59$36,294
Mar 20091,10642.144.06$46,607
Feb 20091,16632.814.63$38,256
Jan 20091,44035.865.37$51,638
Dec 20081,34137.105.98$49,751
Nov 20081,97855.496.86$109,759
Oct 20082,48375.246.92$186,821
Sep 20082,336101.767.88$237,711
Aug 20080114.228.48$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.

Mar 2017 — as filed, then multipliedworked
Oil                   17 bbl  × $ 46.77 =       $795

────────────────────────────────────────────────────
Month total                                     $795

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/14817 is the state's own key, not one this site invented.