M. M. EDWARDS

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

Operated by MGM OIL & GAS COMPANY (P-5 563329) in the HOWARD GLASSCOCK field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 20161District 08Field 42971001Hydrogen sulphide fieldOilCasinghead gasSave Export

Value, all time

$6.7 M

Jan 1993 – Feb 2017

Value, last 12 filed months

at the published price for each month

Months reported

290

no gaps in the span

Streams

oil, casinghead gas

The HOWARD GLASSCOCK 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 285 leases and 3,948 wells, and the rule below applies to all of them.

Discovered

1925-12-31

as the register files it

Field class

Oil

the register's own label

Between wells

400 ft

minimum

From a lease line

200 ft

minimum

A drilling unit in this field needs at least 5 acres. The field rule took effect on 2008-07-28.

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: “HOWARD GLASSCOCK (CONSOLIDATED), EFFECTIVE 11/22/11.”

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	191,197 bbl	$6,656,970
Casinghead gas	Production	72 Mcf	$0
Total			$6,656,970

72 Mcf of this lease's gas, across 21 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 (14)

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 32.0770, -101.4936. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.5 miles. 2 wells have no surveyed location and are left out of it.

32.07753, -101.49416 · centre of 12 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%

14 of 14 wells

With a plug date

14.3%

2 of 14 wells

Median depth

2,350 ft

6 wells filed one

Completion to plug

9.5 years

median over 2 wells

What the state filed about each well

On the RRC proration schedule

14100.0%

A plug date is filed

214.3%

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

214.3%

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

Total depth in feet, 6 of 14 wells. Median 2,350 ft, with the middle half between 2,288 and 2,350 ft; the shallowest is 2,200 ft and the deepest 2,550 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

When they were last completed

Last completion by decade, 5 of 14 wells, Feb 1978 – Oct 2024. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed

Feb 1978 – Oct 2024

5 of 14 wells; 9 filed none

Plug dates filed

Aug 1994

2 of 14 wells; 12 filed none

Last completion to plug: a median of 9.5 years across the 2 wells that filed both dates, with the middle half between 9.5 years and 9.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

14 wells


42-17300068	22	—	—	—	Yes
42-17300518	21	—	—	—	Yes
42-17300573	7	—	—	—	Yes
42-17300574	8	—	—	—	Yes
42-17301035	2	—	—	—	Yes
42-17301036	3	—	—	—	Yes
42-17330438	10	2,550 ft	—	—	Yes
42-17380522	6	—	—	—	Yes
42-22781554	1	—	—	—	Yes
42-17330921	13	2,350 ft	Oct 2024	—	Yes
42-17330922	12	2,350 ft	Oct 2021	—	Yes
42-17300995	9	2,200 ft	Feb 1985	Aug 1994	Yes
42-17300994	23	2,267 ft	Feb 1985	Aug 1994	Yes
42-17330909	11	2,350 ft	Feb 1978	—	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 (290)

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

290 months


Feb 2017	0	0	50.45	2.95	$0
Jan 2017	0	0	49.41	3.42	$0
Dec 2016	0	0	48.76	3.72	$0
Nov 2016	0	0	42.49	2.64	$0
Oct 2016	0	0	46.19	3.09	$0
Sep 2016	0	0	41.55	3.10	$0
Aug 2016	0	0	41.44	2.92	$0
Jul 2016	0	0	41.62	2.92	$0
Jun 2016	0	0	45.35	2.69	$0
May 2016	0	0	42.52	1.99	$0
Apr 2016	0	0	36.56	1.99	$0
Mar 2016	0	0	33.01	1.79	$0
Feb 2016	0	0	26.47	2.06	$0
Jan 2016	0	0	27.35	2.36	$0
Dec 2015	0	0	32.36	2.00	$0
Nov 2015	0	0	38.79	2.17	$0
Oct 2015	0	0	43.55	2.43	$0
Sep 2015	0	0	42.99	2.76	$0
Aug 2015	0	0	40.16	2.87	$0
Jul 2015	0	0	48.15	2.95	$0
Jun 2015	0	0	56.15	2.88	$0
May 2015	0	0	55.21	2.96	$0
Apr 2015	0	0	49.82	2.71	$0
Mar 2015	0	0	42.89	2.93	$0
Feb 2015	0	0	44.66	2.98	$0
Jan 2015	0	0	43.43	3.10	$0
Dec 2014	0	0	54.69	3.59	$0
Nov 2014	0	0	70.46	4.25	$0
Oct 2014	0	0	78.30	3.90	$0
Sep 2014	0	0	86.16	4.05	$0
Aug 2014	0	0	89.39	4.04	$0
Jul 2014	0	0	96.56	4.18	$0
Jun 2014	0	0	98.16	4.74	$0
May 2014	0	0	94.73	4.73	$0
Apr 2014	0	0	95.94	4.81	$0
Mar 2014	0	0	95.89	5.06	$0
Feb 2014	0	0	97.40	6.19	$0
Jan 2014	0	0	90.40	4.86	$0
Dec 2013	0	0	91.82	4.35	$0
Nov 2013	0	0	88.85	3.74	$0
Oct 2013	0	0	97.42	3.78	$0
Sep 2013	0	0	104.11	3.72	$0
Aug 2013	0	0	104.25	3.52	$0
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	0	0	98.09	2.73	$0
Dec 2011	0	0	96.87	3.24	$0
Nov 2011	471	0	95.72	3.31	$45,084
Oct 2011	117	0	84.98	3.65	$9,943
Sep 2011	267	0	83.62	3.99	$22,327
Aug 2011	420	0	83.40	4.15	$35,028
Jul 2011	506	0	94.14	4.52	$47,635
Jun 2011	710	0	92.90	4.64	$65,959
May 2011	1,172	0	98.13	4.40	$115,008
Apr 2011	435	0	105.96	4.33	$46,093
Mar 2011	792	0	96.36	4.06	$76,317
Feb 2011	505	0	85.64	4.18	$43,248
Jan 2011	406	0	86.50	4.59	$35,119
Dec 2010	446	0	85.73	4.35	$38,236
Nov 2010	777	0	80.84	3.80	$62,813
Oct 2010	441	0	78.10	3.51	$34,442
Sep 2010	508	0	72.63	3.98	$36,896
Aug 2010	161	0	73.68	4.42	$11,862
Jul 2010	147	0	72.55	4.74	$10,665
Jun 2010	458	0	70.36	4.91	$32,225
May 2010	346	0	71.12	4.24	$24,608
Apr 2010	376	0	81.69	4.12	$30,715
Mar 2010	374	0	78.39	4.39	$29,318
Feb 2010	322	0	73.58	5.44	$23,693
Jan 2010	510	0	74.36	5.96	$37,924
Dec 2009	439	0	71.44	5.48	$31,362
Nov 2009	396	0	74.59	3.75	$29,538
Oct 2009	456	0	72.54	4.11	$33,078
Sep 2009	485	0	65.54	3.06	$31,787
Aug 2009	254	0	67.42	3.22	$17,125
Jul 2009	261	0	61.13	3.46	$15,955
Jun 2009	369	0	66.16	3.90	$24,413
May 2009	430	0	54.74	3.93	$23,538
Apr 2009	493	0	46.77	3.59	$23,058
Mar 2009	533	0	42.14	4.06	$22,461
Feb 2009	413	0	32.81	4.63	$13,551
Jan 2009	336	0	35.86	5.37	$12,049
Dec 2008	514	0	37.10	5.98	$19,069
Nov 2008	385	0	55.49	6.86	$21,364
Oct 2008	448	0	75.24	6.92	$33,708
Sep 2008	494	0	101.76	7.88	$50,269
Aug 2008	587	0	114.22	8.48	$67,047
Jul 2008	511	0	131.08	11.39	$66,982
Jun 2008	553	0	131.33	13.03	$72,625
May 2008	756	0	123.17	11.57	$93,117
Apr 2008	448	0	110.31	10.45	$49,419
Mar 2008	588	0	101.90	9.66	$59,917
Feb 2008	627	0	92.53	8.77	$58,016
Jan 2008	611	0	90.38	8.21	$55,222
Dec 2007	532	0	88.33	7.30	$46,992
Nov 2007	654	0	91.67	7.29	$59,952
Oct 2007	620	0	82.85	6.92	$51,367
Sep 2007	641	0	75.84	6.24	$48,613
Aug 2007	433	0	69.06	6.39	$29,903
Jul 2007	739	0	70.90	6.39	$52,395
Jun 2007	400	0	62.00	7.55	$24,800
May 2007	810	0	58.74	7.85	$47,579
Apr 2007	725	0	59.61	7.81	$43,217
Mar 2007	730	0	56.92	7.30	$41,552
Feb 2007	639	0	55.10	8.22	$35,209
Jan 2007	851	0	50.30	6.73	$42,805
Dec 2006	931	0	56.65	6.92	$52,741
Nov 2006	1,055	0	54.20	7.62	$57,181
Oct 2006	777	0	54.90	6.01	$42,657
Sep 2006	984	0	60.08	5.04	$59,119
Aug 2006	984	0	68.71	7.34	$67,611
Jul 2006	876	0	69.37	6.34	$60,768
Jun 2006	884	0	66.28	6.38	$58,592
May 2006	982	0	66.01	6.42	$64,822
Apr 2006	773	0	64.39	7.36	$49,773
Mar 2006	639	0	56.70	7.08	$36,231
Feb 2006	404	0	57.59	7.75	$23,266
Jan 2006	521	0	60.59	8.93	$31,567
Dec 2005	694	0	54.94	13.42	$38,128
Nov 2005	801	0	54.69	10.59	$43,807
Oct 2005	967	0	58.34	13.80	$56,415
Sep 2005	694	0	61.45	12.08	$42,646
Aug 2005	714	0	61.51	9.80	$43,918
Jul 2005	720	0	55.69	7.84	$40,097
Jun 2005	527	0	52.33	7.38	$27,578
May 2005	525	0	45.22	6.65	$23,741
Apr 2005	671	0	49.20	7.36	$33,013
Mar 2005	1,051	0	50.37	7.15	$52,939
Feb 2005	898	0	45.22	6.31	$40,608
Jan 2005	950	0	43.16	6.32	$41,002
Dec 2004	1,139	0	39.86	6.75	$45,401
Nov 2004	717	0	45.28	6.33	$32,466
Oct 2004	734	0	49.70	6.52	$36,480
Sep 2004	1,056	0	43.24	5.28	$45,661
Aug 2004	1,169	0	42.37	5.55	$49,531
Jul 2004	898	0	38.28	6.08	$34,375
Jun 2004	1,015	0	36.10	6.43	$36,642
May 2004	884	0	37.48	6.49	$33,132
Apr 2004	704	0	34.47	5.86	$24,267
Mar 2004	978	0	34.36	5.53	$33,604
Feb 2004	988	0	32.45	5.51	$32,061
Jan 2004	793	0	32.03	6.30	$25,400
Dec 2003	1,021	0	30.26	6.30	$30,895
Nov 2003	1,320	0	28.80	4.60	$38,016
Oct 2003	1,062	0	28.17	4.76	$29,917
Sep 2003	1,058	0	26.31	4.75	$27,836
Aug 2003	928	0	29.76	5.13	$27,617
Jul 2003	1,272	0	29.41	5.17	$37,410
Jun 2003	1,038	0	28.56	5.98	$29,645
May 2003	1,322	0	26.59	5.97	$35,152
Apr 2003	1,060	0	26.67	5.41	$28,270
Mar 2003	1,217	0	31.14	6.10	$37,897
Feb 2003	1,073	0	33.48	7.93	$35,924
Jan 2003	1,070	0	30.31	5.58	$32,432
Dec 2002	788	0	26.91	4.85	$21,205
Nov 2002	775	0	24.66	4.14	$19,112
Oct 2002	1,056	0	26.46	4.23	$27,942
Sep 2002	1,049	0	27.44	3.64	$28,785
Aug 2002	1,245	0	25.96	3.16	$32,320
Jul 2002	1,319	0	24.58	3.06	$32,421
Jun 2002	1,052	0	23.73	3.34	$24,964
May 2002	1,327	0	24.66	3.58	$32,724
Apr 2002	1,065	0	23.65	3.51	$25,187
Mar 2002	1,247	0	22.00	3.10	$27,434
Feb 2002	1,251	0	18.22	2.38	$22,793
Jan 2002	1,323	0	17.17	2.38	$22,716
Dec 2001	1,523	0	16.93	2.36	$25,784
Nov 2001	1,732	0	18.07	2.41	$31,297
Oct 2001	266	0	19.78	2.53	$5,261
Sep 2001	888	0	24.26	2.25	$21,543
Aug 2001	1,006	0	24.87	3.05	$25,019
Jul 2001	932	0	23.93	3.20	$22,303
Jun 2001	1,206	0	24.56	3.82	$29,619
May 2001	1,307	0	25.52	4.31	$33,355
Apr 2001	1,587	0	24.68	5.34	$39,167
Mar 2001	1,036	0	24.54	5.38	$25,423
Feb 2001	1,333	0	27.75	5.77	$36,991
Jan 2001	1,833	0	27.47	8.40	$50,353
Dec 2000	1,450	0	26.88	9.12	$38,976
Nov 2000	1,596	0	32.21	5.66	$51,407
Oct 2000	2,319	0	31.23	5.15	$72,422
Sep 2000	2,054	0	31.87	5.19	$65,461
Aug 2000	1,588	0	29.64	4.54	$47,068
Jul 2000	747	0	28.53	4.09	$21,312
Jun 2000	788	0	29.30	4.40	$23,088
May 2000	993	0	27.26	3.68	$27,069
Apr 2000	793	0	24.51	3.12	$19,436
Mar 2000	904	0	28.42	2.86	$25,692
Feb 2000	917	0	27.62	2.73	$25,328
Jan 2000	952	0	25.27	2.48	$24,057
Dec 1999	801	0	24.28	2.42	$19,448
Nov 1999	253	0	23.19	2.43	$5,867
Oct 1999	246	0	20.98	2.80	$5,161
Sep 1999	269	0	21.75	2.62	$5,851
Aug 1999	253	0	19.26	2.88	$4,873
Jul 1999	259	0	17.89	2.37	$4,634
Jun 1999	0	0	15.94	2.36	$0
May 1999	270	0	15.79	2.32	$4,263
Apr 1999	0	0	15.10	2.21	$0
Mar 1999	511	0	12.47	1.84	$6,372
Feb 1999	494	0	9.98	1.82	$4,930
Jan 1999	530	0	10.38	1.90	$5,501
Dec 1998	531	0	9.20	1.77	$4,885
Nov 1998	524	0	10.89	2.19	$5,706
Oct 1998	247	0	12.42	1.97	$3,068
Sep 1998	464	0	12.59	2.08	$5,842
Aug 1998	527	0	11.30	1.91	$5,955
Jul 1998	258	0	11.74	2.24	$3,029
Jun 1998	261	0	11.24	2.24	$2,934
May 1998	800	0	12.62	2.21	$10,096
Apr 1998	533	0	13.04	2.51	$6,950
Mar 1998	737	0	12.80	2.31	$9,434
Feb 1998	791	0	13.95	2.30	$11,034
Jan 1998	775	0	14.70	2.15	$11,393
Dec 1997	795	0	16.32	2.41	$12,974
Nov 1997	1,046	0	18.19	3.09	$19,027
Oct 1997	1,057	0	19.25	3.15	$20,347
Sep 1997	1,068	0	17.74	2.95	$18,946
Aug 1997	1,063	0	17.86	2.55	$18,985
Jul 1997	1,320	0	17.58	2.25	$23,206
Jun 1997	1,063	0	17.24	2.26	$18,326
May 1997	1,255	0	18.97	2.31	$23,807
Apr 1997	1,023	0	17.88	2.08	$18,291
Mar 1997	1,225	0	18.95	1.94	$23,214
Feb 1997	953	0	20.49	2.21	$19,527
Jan 1997	1,490	0	23.48	3.54	$34,985
Dec 1996	681	0	23.32	—	$15,881
Nov 1996	954	0	21.97	—	$20,959
Oct 1996	1,220	0	23.31	—	$28,438
Sep 1996	1,041	0	22.22	—	$23,131
Aug 1996	1,258	0	20.26	—	$25,487
Jul 1996	1,548	0	19.55	—	$30,263
Jun 1996	2,206	0	18.73	—	$41,318
May 1996	1,453	0	19.43	—	$28,232
Apr 1996	1,457	0	21.51	—	$31,340
Mar 1996	1,112	0	19.38	—	$21,551
Feb 1996	1,995	0	16.98	—	$33,875
Jan 1996	1,674	0	17.07	—	$28,575
Dec 1995	2,160	0	17.19	—	$37,130
Nov 1995	1,818	0	16.00	—	$29,088
Oct 1995	495	0	15.43	—	$7,638
Sep 1995	765	0	16.18	—	$12,378
Aug 1995	1,274	0	15.92	—	$20,282
Jul 1995	2,050	0	15.24	—	$31,242
Jun 1995	2,141	0	16.41	—	$35,134
May 1995	2,919	0	17.56	—	$51,258
Apr 1995	775	0	17.73	—	$13,741
Mar 1995	769	0	16.44	—	$12,642
Feb 1995	270	0	16.58	—	$4,477
Jan 1995	263	0	15.92	—	$4,187
Dec 1994	492	0	15.03	—	$7,395
Nov 1994	509	0	15.90	—	$8,093
Oct 1994	693	0	15.58	—	$10,797
Sep 1994	752	4	15.29	—	$11,498
Aug 1994	786	4	16.13	—	$12,678
Jul 1994	537	4	17.56	—	$9,430
Jun 1994	770	4	17.09	—	$13,159
May 1994	770	4	15.88	—	$12,228
Apr 1994	526	4	14.14	—	$7,438
Mar 1994	815	4	12.46	—	$10,155
Feb 1994	547	4	12.50	—	$6,838
Jan 1994	809	4	12.66	—	$10,242
Dec 1993	811	3	12.33	—	$10,000
Nov 1993	820	3	14.49	—	$11,882
Oct 1993	1,083	3	15.85	—	$17,166
Sep 1993	553	3	15.03	—	$8,312
Aug 1993	811	3	15.66	—	$12,700
Jul 1993	1,076	3	15.46	—	$16,635
Jun 1993	809	3	16.79	—	$13,583
May 1993	1,090	3	17.68	—	$19,271
Apr 1993	815	3	18.05	—	$14,711
Mar 1993	1,089	3	18.14	—	$19,754
Feb 1993	814	3	17.90	—	$14,571
Jan 1993	817	3	16.93	—	$13,832

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.

Nov 2011 — as filed, then multipliedworked

Oil                  471 bbl  × $ 95.72 =    $45,084
Casinghead gas         0 Mcf  × $  3.31 =         $0

────────────────────────────────────────────────────
Month total                                  $45,084

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/O/20161 is the state's own key, not one this site invented.