MCDONALD

Operated by OLSEN ENERGY INC. (P-5 621750) in the PUTNAM (CLEAR FORK) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 168250District 08Field 73507100GasSaveExport
Value, all time
$1.2 M
Mar 1998 – Feb 2010
Value, last 12 filed months
$3 k
at the published price for each month
Months reported
144
no gaps in the span
Streams
1
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 5 leases and 5 wells, and the rule below applies to all of them.

Discovered
not filed
Field class
Gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: AOF-1 AND AOF-2 EFFECTIVE 08/01/2001.

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
GasProduction425,489 Mcf$1,214,494
Total$1,214,494

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 30.9539, -102.3824. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.95391, -102.38241 · 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
11.9 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 4,150 ft.

Completions filed
Mar 1998
1 of 1 wells
Plug dates filed
Feb 2010
1 of 1 wells

Last completion to plug: a median of 11.9 years across the 1 well that filed both dates, with the middle half between 11.9 years and 11.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-371367765-T4,150 ftMar 1998Feb 2010Yes

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 (144)

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

144 months

Feb 2010073.585.44$0
Jan 2010074.365.96$0
Dec 20091271.445.48$66
Nov 20097374.593.75$274
Oct 20097772.544.11$316
Sep 200911665.543.06$356
Aug 20099767.423.22$312
Jul 20097361.133.46$253
Jun 200911766.163.90$456
May 200912454.743.93$487
Apr 200911946.773.59$427
Mar 200912342.144.06$499
Feb 200911032.814.63$510
Jan 200912135.865.37$650
Dec 200812537.105.98$747
Nov 200812755.496.86$871
Oct 200812075.246.92$831
Sep 2008127101.767.88$1,000
Aug 2008176114.228.48$1,493
Jul 2008178131.0811.39$2,027
Jun 200884131.3313.03$1,095
May 2008281123.1711.57$3,252
Apr 20080110.3110.45$0
Mar 20080101.909.66$0
Feb 2008092.538.77$0
Jan 2008090.388.21$0
Dec 2007088.337.30$0
Nov 2007091.677.29$0
Oct 2007082.856.92$0
Sep 20073275.846.24$200
Aug 20072969.066.39$185
Jul 200714270.906.39$907
Jun 200713262.007.55$996
May 20077258.747.85$565
Apr 200732459.617.81$2,529
Mar 200760756.927.30$4,432
Feb 200746755.108.22$3,837
Jan 200726950.306.73$1,810
Dec 200637956.656.92$2,622
Nov 20066354.207.62$480
Oct 200614054.906.01$842
Sep 200612360.085.04$620
Aug 200627968.717.34$2,048
Jul 200635569.376.34$2,252
Jun 200627666.286.38$1,762
May 200638766.016.42$2,486
Apr 200639164.397.36$2,878
Mar 200637256.707.08$2,635
Feb 200632057.597.75$2,480
Jan 200625660.598.93$2,287
Dec 200534754.9413.42$4,655
Nov 200566754.6910.59$7,062
Oct 200528058.3413.80$3,863
Sep 200511261.4512.08$1,353
Aug 200551561.519.80$5,045
Jul 200546755.697.84$3,663
Jun 200536552.337.38$2,694
May 200543545.226.65$2,893
Apr 200534649.207.36$2,547
Mar 200570350.377.15$5,030
Feb 200547945.226.31$3,023
Jan 200553943.166.32$3,408
Dec 200446639.866.75$3,146
Nov 200436345.286.33$2,298
Oct 200459549.706.52$3,876
Sep 200460243.245.28$3,181
Aug 200474142.375.55$4,113
Jul 200474938.286.08$4,557
Jun 200456236.106.43$3,615
May 200479337.486.49$5,150
Apr 200483934.475.86$4,915
Mar 200479734.365.53$4,408
Feb 200476032.455.51$4,187
Jan 200484432.036.30$5,317
Dec 200387530.266.30$5,514
Nov 200367228.804.60$3,088
Oct 200378728.174.76$3,746
Sep 200377526.314.75$3,681
Aug 200391229.765.13$4,678
Jul 200375029.415.17$3,878
Jun 200383128.565.98$4,972
May 20031,30026.595.97$7,764
Apr 20031,31226.675.41$7,094
Mar 20031,03031.146.10$6,279
Feb 20031,15233.487.93$9,131
Jan 20031,38330.315.58$7,720
Dec 20021,59826.914.85$7,756
Nov 20021,42224.664.14$5,883
Oct 20021,56526.464.23$6,619
Sep 20021,61327.443.64$5,864
Aug 20022,07625.963.16$6,569
Jul 20021,90524.583.06$5,833
Jun 20021,72523.733.34$5,758
May 20021,86124.663.58$6,670
Apr 20022,02523.653.51$7,112
Mar 20022,38122.003.10$7,388
Feb 20022,51618.222.38$5,977
Jan 20024,43317.172.38$10,531
Dec 20012,93716.932.36$6,944
Nov 20012,95018.072.41$7,096
Oct 20014,37819.782.53$11,071
Sep 20014,49224.262.25$10,113
Aug 20014,77524.873.05$14,579
Jul 20013,74323.933.20$11,967
Jun 20013,55624.563.82$13,599
May 200114,61425.524.31$62,947
Apr 200110,10824.685.34$53,929
Mar 20018,82824.545.38$47,463
Feb 200122127.755.77$1,275
Jan 2001027.478.40$0
Dec 2000026.889.12$0
Nov 2000032.215.66$0
Oct 2000031.235.15$0
Sep 2000031.875.19$0
Aug 2000029.644.54$0
Jul 2000028.534.09$0
Jun 2000029.304.40$0
May 20001727.263.68$63
Apr 2000024.513.12$0
Mar 2000028.422.86$0
Feb 20001,58027.622.73$4,308
Jan 20005,27725.272.48$13,090
Dec 19992,37724.282.42$5,761
Nov 1999023.192.43$0
Oct 19993920.982.80$109
Sep 1999021.752.62$0
Aug 1999019.262.88$0
Jul 1999017.892.37$0
Jun 199934315.942.36$810
May 199932615.792.32$757
Apr 199940615.102.21$896
Mar 19991,09512.471.84$2,013
Feb 19991,9659.981.82$3,572
Jan 19993,08710.381.90$5,865
Dec 19988,6989.201.77$15,424
Nov 19989,73210.892.19$21,271
Oct 199814,71912.421.97$28,985
Sep 199823,08012.592.08$48,067
Aug 199835,64211.301.91$67,982
Jul 199841,06611.742.24$91,876
Jun 199847,41911.242.24$106,089
May 199856,51412.622.21$124,689
Apr 199851,94513.042.51$130,139
Mar 19981,50012.802.31$3,464

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 2009 — as filed, then multipliedworked
Gas                   12 Mcf  × $  5.48 =        $66

────────────────────────────────────────────────────
Month total                                      $66

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/168250 is the state's own key, not one this site invented.