MCPETERS, G. A. ACT. #2

Name: MCPETERS, G. A. ACT. #2 lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by EXXON MOBIL CORPORATION (P-5 257128) in the TALCO field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 1683District 06Field 88207001Hydrogen sulphide fieldOilCasinghead gasSave Export

Value, all time

$2.1 M

Jan 1993 – Jul 2013

Value, last 12 filed months

at the published price for each month

Months reported

247

no gaps in the span

Streams

oil, casinghead gas

The TALCO 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 229 leases and 1,675 wells, and the rule below applies to all of them.

Discovered

1936-03-16

as the register files it

Field class

Oil

the register's own label

Between wells

0 ft

minimum

From a lease line

233 ft

minimum

A drilling unit in this field needs at least 5 acres. The field rule took effect on 2012-11-06.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: “NON-CURRENT RESTR.REMOVED ALSO FOR API#(159-30200,30572)-HAGANSPOR”

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	53,862 bbl	$2,133,600
Casinghead gas	Production	22 Mcf	$0
Total			$2,133,600

22 Mcf of this lease's gas, across 22 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 (7)

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 33.3536, -94.9975. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

33.35348, -94.99603 · centre of 4 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

71.4%

5 of 7 wells

With a plug date

71.4%

5 of 7 wells

Median depth

4,337 ft

5 wells filed one

Completion to plug

4.6 years

median over 3 wells

What the state filed about each well

On the RRC proration schedule

571.4%

A plug date is filed

571.4%

BothOn the schedule and plugged. Neither fact cancels the other.

571.4%

NeitherNo plug date, and not on the schedule.

228.6%

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

Between 3,550 and 4,549 ft, median 4,337 ft, over the 5 wells that filed a depth.

Completions filed

Nov 1985 – Aug 2011

3 of 7 wells; 4 filed none

Plug dates filed

Jun 1990 – Jul 2012

5 of 7 wells; 2 filed none

Last completion to plug: a median of 4.6 years across the 3 wells that filed both dates, with the middle half between 2.8 years and 15.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

7 wells


42-44900809	6	4,329 ft	—	Oct 1991	Yes
42-44900812	9	4,337 ft	—	Oct 2007	Yes
42-44900808	5	—	—	—	—
42-44900810	7	—	—	—	—
42-44920015	10	4,500 ft	Aug 2011	Jul 2012	Yes
42-44930231	1D	3,550 ft	Sep 1986	Jun 2012	Yes
42-44930301	11	4,549 ft	Nov 1985	Jun 1990	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 (247)

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

247 months


Jul 2013	0	0	102.52	3.72	$0
Jun 2013	0	0	94.40	3.93	$0
May 2013	0	0	94.83	4.15	$0
Apr 2013	0	0	93.96	4.28	$0
Mar 2013	0	0	93.62	3.91	$0
Feb 2013	0	0	91.23	3.42	$0
Jan 2013	0	0	91.60	3.42	$0
Dec 2012	0	0	86.77	3.42	$0
Nov 2012	0	0	86.95	3.62	$0
Oct 2012	0	0	89.38	3.40	$0
Sep 2012	0	0	94.67	2.92	$0
Aug 2012	0	0	92.66	2.91	$0
Jul 2012	0	0	85.13	3.02	$0
Jun 2012	0	0	79.82	2.52	$0
May 2012	0	0	91.61	2.49	$0
Apr 2012	0	0	101.65	2.00	$0
Mar 2012	0	0	105.05	2.22	$0
Feb 2012	0	0	101.10	2.57	$0
Jan 2012	158	0	98.09	2.73	$15,498
Dec 2011	248	0	96.87	3.24	$24,024
Nov 2011	218	0	95.72	3.31	$20,867
Oct 2011	162	0	84.98	3.65	$13,767
Sep 2011	121	0	83.62	3.99	$10,118
Aug 2011	103	0	83.40	4.15	$8,590
Jul 2011	257	0	94.14	4.52	$24,194
Jun 2011	162	0	92.90	4.64	$15,050
May 2011	194	0	98.13	4.40	$19,037
Apr 2011	234	0	105.96	4.33	$24,795
Mar 2011	243	0	96.36	4.06	$23,415
Feb 2011	178	0	85.64	4.18	$15,244
Jan 2011	268	0	86.50	4.59	$23,182
Dec 2010	284	0	85.73	4.35	$24,347
Nov 2010	151	0	80.84	3.80	$12,207
Oct 2010	50	0	78.10	3.51	$3,905
Sep 2010	43	0	72.63	3.98	$3,123
Aug 2010	255	0	73.68	4.42	$18,788
Jul 2010	267	0	72.55	4.74	$19,371
Jun 2010	219	0	70.36	4.91	$15,409
May 2010	184	0	71.12	4.24	$13,086
Apr 2010	285	0	81.69	4.12	$23,282
Mar 2010	258	0	78.39	4.39	$20,225
Feb 2010	247	0	73.58	5.44	$18,174
Jan 2010	169	0	74.36	5.96	$12,567
Dec 2009	237	0	71.44	5.48	$16,931
Nov 2009	257	0	74.59	3.75	$19,170
Oct 2009	234	0	72.54	4.11	$16,974
Sep 2009	216	0	65.54	3.06	$14,157
Aug 2009	219	0	67.42	3.22	$14,765
Jul 2009	261	0	61.13	3.46	$15,955
Jun 2009	219	0	66.16	3.90	$14,489
May 2009	111	0	54.74	3.93	$6,076
Apr 2009	278	0	46.77	3.59	$13,002
Mar 2009	254	0	42.14	4.06	$10,704
Feb 2009	235	0	32.81	4.63	$7,710
Jan 2009	271	0	35.86	5.37	$9,718
Dec 2008	248	0	37.10	5.98	$9,201
Nov 2008	180	0	55.49	6.86	$9,988
Oct 2008	258	0	75.24	6.92	$19,412
Sep 2008	277	0	101.76	7.88	$28,188
Aug 2008	247	0	114.22	8.48	$28,212
Jul 2008	255	0	131.08	11.39	$33,425
Jun 2008	259	0	131.33	13.03	$34,014
May 2008	253	0	123.17	11.57	$31,162
Apr 2008	273	0	110.31	10.45	$30,115
Mar 2008	258	0	101.90	9.66	$26,290
Feb 2008	211	0	92.53	8.77	$19,524
Jan 2008	210	0	90.38	8.21	$18,980
Dec 2007	325	0	88.33	7.30	$28,707
Nov 2007	299	0	91.67	7.29	$27,409
Oct 2007	226	0	82.85	6.92	$18,724
Sep 2007	187	0	75.84	6.24	$14,182
Aug 2007	220	0	69.06	6.39	$15,193
Jul 2007	191	0	70.90	6.39	$13,542
Jun 2007	192	0	62.00	7.55	$11,904
May 2007	222	0	58.74	7.85	$13,040
Apr 2007	232	0	59.61	7.81	$13,830
Mar 2007	240	0	56.92	7.30	$13,661
Feb 2007	178	0	55.10	8.22	$9,808
Jan 2007	198	0	50.30	6.73	$9,959
Dec 2006	104	0	56.65	6.92	$5,892
Nov 2006	211	0	54.20	7.62	$11,436
Oct 2006	224	0	54.90	6.01	$12,298
Sep 2006	218	0	60.08	5.04	$13,097
Aug 2006	260	0	68.71	7.34	$17,865
Jul 2006	211	0	69.37	6.34	$14,637
Jun 2006	243	0	66.28	6.38	$16,106
May 2006	281	0	66.01	6.42	$18,549
Apr 2006	237	0	64.39	7.36	$15,260
Mar 2006	247	0	56.70	7.08	$14,005
Feb 2006	214	0	57.59	7.75	$12,324
Jan 2006	237	0	60.59	8.93	$14,360
Dec 2005	257	0	54.94	13.42	$14,120
Nov 2005	230	0	54.69	10.59	$12,579
Oct 2005	225	0	58.34	13.80	$13,127
Sep 2005	225	0	61.45	12.08	$13,826
Aug 2005	233	0	61.51	9.80	$14,332
Jul 2005	224	0	55.69	7.84	$12,475
Jun 2005	218	0	52.33	7.38	$11,408
May 2005	257	0	45.22	6.65	$11,622
Apr 2005	222	0	49.20	7.36	$10,922
Mar 2005	237	0	50.37	7.15	$11,938
Feb 2005	216	0	45.22	6.31	$9,768
Jan 2005	228	0	43.16	6.32	$9,840
Dec 2004	206	0	39.86	6.75	$8,211
Nov 2004	257	0	45.28	6.33	$11,637
Oct 2004	257	0	49.70	6.52	$12,773
Sep 2004	265	0	43.24	5.28	$11,459
Aug 2004	226	0	42.37	5.55	$9,576
Jul 2004	243	0	38.28	6.08	$9,302
Jun 2004	260	0	36.10	6.43	$9,386
May 2004	270	0	37.48	6.49	$10,120
Apr 2004	267	0	34.47	5.86	$9,203
Mar 2004	234	0	34.36	5.53	$8,040
Feb 2004	225	0	32.45	5.51	$7,301
Jan 2004	253	0	32.03	6.30	$8,104
Dec 2003	258	0	30.26	6.30	$7,807
Nov 2003	243	0	28.80	4.60	$6,998
Oct 2003	281	0	28.17	4.76	$7,916
Sep 2003	262	0	26.31	4.75	$6,893
Aug 2003	257	0	29.76	5.13	$7,648
Jul 2003	296	0	29.41	5.17	$8,705
Jun 2003	225	0	28.56	5.98	$6,426
May 2003	265	0	26.59	5.97	$7,046
Apr 2003	269	0	26.67	5.41	$7,174
Mar 2003	265	0	31.14	6.10	$8,252
Feb 2003	207	0	33.48	7.93	$6,930
Jan 2003	268	0	30.31	5.58	$8,123
Dec 2002	204	0	26.91	4.85	$5,490
Nov 2002	227	0	24.66	4.14	$5,598
Oct 2002	258	0	26.46	4.23	$6,827
Sep 2002	130	0	27.44	3.64	$3,567
Aug 2002	187	0	25.96	3.16	$4,855
Jul 2002	185	0	24.58	3.06	$4,547
Jun 2002	224	0	23.73	3.34	$5,316
May 2002	270	0	24.66	3.58	$6,658
Apr 2002	226	0	23.65	3.51	$5,345
Mar 2002	221	0	22.00	3.10	$4,862
Feb 2002	193	0	18.22	2.38	$3,516
Jan 2002	272	0	17.17	2.38	$4,670
Dec 2001	154	0	16.93	2.36	$2,607
Nov 2001	215	0	18.07	2.41	$3,885
Oct 2001	235	0	19.78	2.53	$4,648
Sep 2001	266	0	24.26	2.25	$6,453
Aug 2001	248	0	24.87	3.05	$6,168
Jul 2001	300	0	23.93	3.20	$7,179
Jun 2001	265	0	24.56	3.82	$6,508
May 2001	281	0	25.52	4.31	$7,171
Apr 2001	276	0	24.68	5.34	$6,812
Mar 2001	213	0	24.54	5.38	$5,227
Feb 2001	178	0	27.75	5.77	$4,940
Jan 2001	208	0	27.47	8.40	$5,714
Dec 2000	177	0	26.88	9.12	$4,758
Nov 2000	200	0	32.21	5.66	$6,442
Oct 2000	182	0	31.23	5.15	$5,684
Sep 2000	259	0	31.87	5.19	$8,254
Aug 2000	256	0	29.64	4.54	$7,588
Jul 2000	314	0	28.53	4.09	$8,958
Jun 2000	171	0	29.30	4.40	$5,010
May 2000	229	0	27.26	3.68	$6,243
Apr 2000	300	0	24.51	3.12	$7,353
Mar 2000	398	0	28.42	2.86	$11,311
Feb 2000	334	0	27.62	2.73	$9,225
Jan 2000	529	0	25.27	2.48	$13,368
Dec 1999	100	0	24.28	2.42	$2,428
Nov 1999	104	0	23.19	2.43	$2,412
Oct 1999	18	0	20.98	2.80	$378
Sep 1999	267	0	21.75	2.62	$5,807
Aug 1999	285	0	19.26	2.88	$5,489
Jul 1999	261	0	17.89	2.37	$4,669
Jun 1999	255	0	15.94	2.36	$4,065
May 1999	252	0	15.79	2.32	$3,979
Apr 1999	198	0	15.10	2.21	$2,990
Mar 1999	267	0	12.47	1.84	$3,329
Feb 1999	210	0	9.98	1.82	$2,096
Jan 1999	215	0	10.38	1.90	$2,232
Dec 1998	228	0	9.20	1.77	$2,098
Nov 1998	368	0	10.89	2.19	$4,008
Oct 1998	118	0	12.42	1.97	$1,466
Sep 1998	123	0	12.59	2.08	$1,549
Aug 1998	223	0	11.30	1.91	$2,520
Jul 1998	235	0	11.74	2.24	$2,759
Jun 1998	282	0	11.24	2.24	$3,170
May 1998	262	0	12.62	2.21	$3,306
Apr 1998	255	0	13.04	2.51	$3,325
Mar 1998	236	0	12.80	2.31	$3,021
Feb 1998	215	0	13.95	2.30	$2,999
Jan 1998	253	0	14.70	2.15	$3,719
Dec 1997	229	0	16.32	2.41	$3,737
Nov 1997	228	0	18.19	3.09	$4,147
Oct 1997	300	0	19.25	3.15	$5,775
Sep 1997	233	0	17.74	2.95	$4,133
Aug 1997	220	0	17.86	2.55	$3,929
Jul 1997	212	0	17.58	2.25	$3,727
Jun 1997	180	0	17.24	2.26	$3,103
May 1997	255	0	18.97	2.31	$4,837
Apr 1997	266	0	17.88	2.08	$4,756
Mar 1997	253	0	18.95	1.94	$4,794
Feb 1997	202	0	20.49	2.21	$4,139
Jan 1997	108	0	23.48	3.54	$2,536
Dec 1996	181	0	23.32	—	$4,221
Nov 1996	204	0	21.97	—	$4,482
Oct 1996	219	0	23.31	—	$5,105
Sep 1996	157	0	22.22	—	$3,489
Aug 1996	219	0	20.26	—	$4,437
Jul 1996	220	0	19.55	—	$4,301
Jun 1996	173	0	18.73	—	$3,240
May 1996	211	0	19.43	—	$4,100
Apr 1996	227	0	21.51	—	$4,883
Mar 1996	252	0	19.38	—	$4,884
Feb 1996	206	0	16.98	—	$3,498
Jan 1996	199	0	17.07	—	$3,397
Dec 1995	145	0	17.19	—	$2,493
Nov 1995	189	0	16.00	—	$3,024
Oct 1995	218	0	15.43	—	$3,364
Sep 1995	211	0	16.18	—	$3,414
Aug 1995	219	0	15.92	—	$3,486
Jul 1995	193	0	15.24	—	$2,941
Jun 1995	194	0	16.41	—	$3,184
May 1995	199	0	17.56	—	$3,494
Apr 1995	167	0	17.73	—	$2,961
Mar 1995	231	0	16.44	—	$3,798
Feb 1995	244	0	16.58	—	$4,046
Jan 1995	226	0	15.92	—	$3,598
Dec 1994	225	0	15.03	—	$3,382
Nov 1994	151	1	15.90	—	$2,401
Oct 1994	167	1	15.58	—	$2,602
Sep 1994	191	1	15.29	—	$2,920
Aug 1994	153	1	16.13	—	$2,468
Jul 1994	130	1	17.56	—	$2,283
Jun 1994	134	1	17.09	—	$2,290
May 1994	175	1	15.88	—	$2,779
Apr 1994	167	1	14.14	—	$2,361
Mar 1994	150	1	12.46	—	$1,869
Feb 1994	121	1	12.50	—	$1,513
Jan 1994	113	1	12.66	—	$1,431
Dec 1993	76	0	12.33	—	$937
Nov 1993	416	1	14.49	—	$6,028
Oct 1993	553	1	15.85	—	$8,765
Sep 1993	345	1	15.03	—	$5,185
Aug 1993	96	1	15.66	—	$1,503
Jul 1993	206	1	15.46	—	$3,185
Jun 1993	623	1	16.79	—	$10,460
May 1993	697	1	17.68	—	$12,323
Apr 1993	690	1	18.05	—	$12,455
Mar 1993	591	1	18.14	—	$10,721
Feb 1993	556	1	17.90	—	$9,952
Jan 1993	624	1	16.93	—	$10,564

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.

Jan 2012 — as filed, then multipliedworked

Oil                  158 bbl  × $ 98.09 =    $15,498
Casinghead gas         0 Mcf  × $  2.73 =         $0

────────────────────────────────────────────────────
Month total                                  $15,498

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/1683 is the state's own key, not one this site invented.