MCDONALD

Name: MCDONALD lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by STELLER ENERGY & INVESTMENT CORP (P-5 817320) in the CREDO, E. (CISCO, UP.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 119262District 08Field 21598105NGPA filingCondensateGasSave Export

Value, all time

$259 k

Jan 1993 – Feb 2009

Value, last 12 filed months

$4 k

at the published price for each month

Months reported

194

no gaps in the span

Streams

condensate, gas

The CREDO, E. (CISCO, UP.) 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 141 leases and 151 wells, and the rule below applies to all of them.

Discovered

1974-08-15

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 1997-06-06.

The Commission's schedule remark for this field reads: “AOF-1 AND AOF-2 EFFECTIVE 08/01/96.”

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.

Programme	Filings	With an approval date	Dated	Docket
NGPA	1	none	—	—

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.

Stream	Basis	Volume	Value
Condensate	Disposition	181 bbl	$6,027
Gas	Production	83,910 Mcf	$252,533
Total			$258,560

28,511 Mcf of this lease's gas, across 48 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 31.9793, -101.2255. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.97933, -101.22549 · 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

100.0%

1 of 1 wells

Median depth

8,050 ft

1 wells filed one

Completion to plug

23.3 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 8,050 ft.

Completions filed

Jul 1985

1 of 1 wells

Plug dates filed

Oct 2008

1 of 1 wells

Last completion to plug: a median of 23.3 years across the 1 well that filed both dates, with the middle half between 23.3 years and 23.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-43131631	601	8,050 ft	Jul 1985	Oct 2008	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 (194)

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

194 months


Feb 2009	0	0	32.81	4.63	$0
Jan 2009	0	0	35.86	5.37	$0
Dec 2008	102	0	37.10	5.98	$3,784
Nov 2008	0	0	55.49	6.86	$0
Oct 2008	0	0	75.24	6.92	$0
Sep 2008	0	0	101.76	7.88	$0
Aug 2008	0	0	114.22	8.48	$0
Jul 2008	0	0	131.08	11.39	$0
Jun 2008	0	0	131.33	13.03	$0
May 2008	0	0	123.17	11.57	$0
Apr 2008	0	0	110.31	10.45	$0
Mar 2008	0	0	101.90	9.66	$0
Feb 2008	0	0	92.53	8.77	$0
Jan 2008	0	0	90.38	8.21	$0
Dec 2007	0	0	88.33	7.30	$0
Nov 2007	0	0	91.67	7.29	$0
Oct 2007	0	0	82.85	6.92	$0
Sep 2007	0	0	75.84	6.24	$0
Aug 2007	0	0	69.06	6.39	$0
Jul 2007	18	0	70.90	6.39	$1,276
Jun 2007	0	0	62.00	7.55	$0
May 2007	0	329	58.74	7.85	$2,581
Apr 2007	0	254	59.61	7.81	$1,983
Mar 2007	0	501	56.92	7.30	$3,658
Feb 2007	0	197	55.10	8.22	$1,619
Jan 2007	0	220	50.30	6.73	$1,480
Dec 2006	0	392	56.65	6.92	$2,712
Nov 2006	0	329	54.20	7.62	$2,506
Oct 2006	0	88	54.90	6.01	$529
Sep 2006	0	97	60.08	5.04	$489
Aug 2006	0	510	68.71	7.34	$3,743
Jul 2006	0	365	69.37	6.34	$2,315
Jun 2006	0	1	66.28	6.38	$6
May 2006	0	73	66.01	6.42	$469
Apr 2006	0	219	64.39	7.36	$1,612
Mar 2006	0	459	56.70	7.08	$3,251
Feb 2006	0	459	57.59	7.75	$3,558
Jan 2006	0	348	60.59	8.93	$3,109
Dec 2005	0	189	54.94	13.42	$2,536
Nov 2005	0	554	54.69	10.59	$5,866
Oct 2005	0	503	58.34	13.80	$6,939
Sep 2005	0	60	61.45	12.08	$725
Aug 2005	0	433	61.51	9.80	$4,242
Jul 2005	0	313	55.69	7.84	$2,455
Jun 2005	0	576	52.33	7.38	$4,251
May 2005	0	287	45.22	6.65	$1,909
Apr 2005	0	195	49.20	7.36	$1,435
Mar 2005	0	342	50.37	7.15	$2,447
Feb 2005	0	456	45.22	6.31	$2,878
Jan 2005	0	673	43.16	6.32	$4,255
Dec 2004	0	825	39.86	6.75	$5,570
Nov 2004	0	569	45.28	6.33	$3,602
Oct 2004	0	1	49.70	6.52	$7
Sep 2004	0	702	43.24	5.28	$3,709
Aug 2004	0	466	42.37	5.55	$2,587
Jul 2004	0	559	38.28	6.08	$3,401
Jun 2004	0	451	36.10	6.43	$2,901
May 2004	0	383	37.48	6.49	$2,487
Apr 2004	0	353	34.47	5.86	$2,068
Mar 2004	0	404	34.36	5.53	$2,234
Feb 2004	0	565	32.45	5.51	$3,113
Jan 2004	0	462	32.03	6.30	$2,910
Dec 2003	0	440	30.26	6.30	$2,773
Nov 2003	0	614	28.80	4.60	$2,821
Oct 2003	0	370	28.17	4.76	$1,761
Sep 2003	0	510	26.31	4.75	$2,422
Aug 2003	0	412	29.76	5.13	$2,113
Jul 2003	0	420	29.41	5.17	$2,172
Jun 2003	0	690	28.56	5.98	$4,128
May 2003	0	602	26.59	5.97	$3,596
Apr 2003	0	693	26.67	5.41	$3,747
Mar 2003	0	702	31.14	6.10	$4,279
Feb 2003	0	453	33.48	7.93	$3,590
Jan 2003	0	528	30.31	5.58	$2,947
Dec 2002	0	550	26.91	4.85	$2,670
Nov 2002	0	588	24.66	4.14	$2,433
Oct 2002	0	386	26.46	4.23	$1,632
Sep 2002	0	349	27.44	3.64	$1,269
Aug 2002	0	501	25.96	3.16	$1,585
Jul 2002	0	645	24.58	3.06	$1,975
Jun 2002	0	406	23.73	3.34	$1,355
May 2002	0	609	24.66	3.58	$2,183
Apr 2002	0	669	23.65	3.51	$2,350
Mar 2002	0	880	22.00	3.10	$2,730
Feb 2002	0	340	18.22	2.38	$808
Jan 2002	0	300	17.17	2.38	$713
Dec 2001	0	422	16.93	2.36	$998
Nov 2001	0	450	18.07	2.41	$1,082
Oct 2001	0	597	19.78	2.53	$1,510
Sep 2001	0	415	24.26	2.25	$934
Aug 2001	0	460	24.87	3.05	$1,404
Jul 2001	0	330	23.93	3.20	$1,055
Jun 2001	0	404	24.56	3.82	$1,545
May 2001	0	260	25.52	4.31	$1,120
Apr 2001	0	258	24.68	5.34	$1,377
Mar 2001	0	362	24.54	5.38	$1,946
Feb 2001	0	400	27.75	5.77	$2,307
Jan 2001	0	461	27.47	8.40	$3,872
Dec 2000	0	440	26.88	9.12	$4,014
Nov 2000	0	400	32.21	5.66	$2,263
Oct 2000	0	475	31.23	5.15	$2,444
Sep 2000	0	479	31.87	5.19	$2,484
Aug 2000	0	460	29.64	4.54	$2,089
Jul 2000	0	480	28.53	4.09	$1,963
Jun 2000	0	500	29.30	4.40	$2,199
May 2000	0	502	27.26	3.68	$1,847
Apr 2000	0	522	24.51	3.12	$1,627
Mar 2000	0	585	28.42	2.86	$1,673
Feb 2000	0	273	27.62	2.73	$744
Jan 2000	0	400	25.27	2.48	$992
Dec 1999	0	452	24.28	2.42	$1,096
Nov 1999	0	503	23.19	2.43	$1,224
Oct 1999	0	490	20.98	2.80	$1,374
Sep 1999	0	375	21.75	2.62	$982
Aug 1999	0	400	19.26	2.88	$1,150
Jul 1999	8	400	17.89	2.37	$1,092
Jun 1999	41	374	15.94	2.36	$1,537
May 1999	5	505	15.79	2.32	$1,251
Apr 1999	0	408	15.10	2.21	$901
Mar 1999	0	340	12.47	1.84	$625
Feb 1999	0	464	9.98	1.82	$843
Jan 1999	0	505	10.38	1.90	$959
Dec 1998	0	490	9.20	1.77	$869
Nov 1998	0	458	10.89	2.19	$1,001
Oct 1998	0	487	12.42	1.97	$959
Sep 1998	0	444	12.59	2.08	$925
Aug 1998	0	538	11.30	1.91	$1,026
Jul 1998	0	621	11.74	2.24	$1,389
Jun 1998	0	421	11.24	2.24	$942
May 1998	0	480	12.62	2.21	$1,059
Apr 1998	7	171	13.04	2.51	$520
Mar 1998	0	6	12.80	2.31	$14
Feb 1998	0	330	13.95	2.30	$759
Jan 1998	0	474	14.70	2.15	$1,021
Dec 1997	0	471	16.32	2.41	$1,136
Nov 1997	0	528	18.19	3.09	$1,631
Oct 1997	0	696	19.25	3.15	$2,192
Sep 1997	0	633	17.74	2.95	$1,870
Aug 1997	0	617	17.86	2.55	$1,576
Jul 1997	0	569	17.58	2.25	$1,279
Jun 1997	0	588	17.24	2.26	$1,327
May 1997	0	597	18.97	2.31	$1,378
Apr 1997	0	693	17.88	2.08	$1,443
Mar 1997	0	499	18.95	1.94	$968
Feb 1997	0	615	20.49	2.21	$1,357
Jan 1997	0	603	23.48	3.54	$2,134
Dec 1996	0	596	23.32	—	$0
Nov 1996	0	623	21.97	—	$0
Oct 1996	0	671	23.31	—	$0
Sep 1996	0	769	22.22	—	$0
Aug 1996	0	651	20.26	—	$0
Jul 1996	0	597	19.55	—	$0
Jun 1996	0	625	18.73	—	$0
May 1996	0	589	19.43	—	$0
Apr 1996	0	522	21.51	—	$0
Mar 1996	0	674	19.38	—	$0
Feb 1996	0	668	16.98	—	$0
Jan 1996	0	587	17.07	—	$0
Dec 1995	0	707	17.19	—	$0
Nov 1995	0	621	16.00	—	$0
Oct 1995	0	573	15.43	—	$0
Sep 1995	0	586	16.18	—	$0
Aug 1995	0	717	15.92	—	$0
Jul 1995	0	680	15.24	—	$0
Jun 1995	0	601	16.41	—	$0
May 1995	0	623	17.56	—	$0
Apr 1995	0	698	17.73	—	$0
Mar 1995	0	670	16.44	—	$0
Feb 1995	0	367	16.58	—	$0
Jan 1995	0	288	15.92	—	$0
Dec 1994	0	513	15.03	—	$0
Nov 1994	0	499	15.90	—	$0
Oct 1994	0	449	15.58	—	$0
Sep 1994	0	302	15.29	—	$0
Aug 1994	0	388	16.13	—	$0
Jul 1994	0	617	17.56	—	$0
Jun 1994	0	774	17.09	—	$0
May 1994	0	764	15.88	—	$0
Apr 1994	0	663	14.14	—	$0
Mar 1994	0	710	12.46	—	$0
Feb 1994	0	682	12.50	—	$0
Jan 1994	0	595	12.66	—	$0
Dec 1993	0	527	12.33	—	$0
Nov 1993	0	529	14.49	—	$0
Oct 1993	0	696	15.85	—	$0
Sep 1993	0	693	15.03	—	$0
Aug 1993	0	760	15.66	—	$0
Jul 1993	0	836	15.46	—	$0
Jun 1993	0	737	16.79	—	$0
May 1993	0	508	17.68	—	$0
Apr 1993	0	367	18.05	—	$0
Mar 1993	0	475	18.14	—	$0
Feb 1993	0	244	17.90	—	$0
Jan 1993	0	480	16.93	—	$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.

Dec 2008 — as filed, then multipliedworked

Condensate           102 bbl  × $ 37.10 =     $3,784
Gas                    0 Mcf  × $  5.98 =         $0

────────────────────────────────────────────────────
Month total                                   $3,784

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. 08/G/119262 is the state's own key, not one this site invented.