TAYLOR, MACK

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

Operated by GRUY PETROLEUM MANAGEMENT CO. (P-5 337106) in the KEYSTONE (SAN ANDRES) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 23507District 08Field 49129594Hydrogen sulphide fieldOilCasinghead gasSave Export

Value, all time

$982 k

Jan 1993 – Apr 2002

Value, last 12 filed months

$75 k

at the published price for each month

Months reported

112

no gaps in the span

Streams

oil, casinghead gas

The KEYSTONE (SAN ANDRES) 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 65 leases and 165 wells, and the rule below applies to all of them.

Discovered

1960-07-05

as the register files it

Field class

Oil

the register's own label

Between wells

660 ft

minimum

From a lease line

330 ft

minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 1994-10-31.

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: “4. ALLOCATION BASED ON 100% ACREAGE.”

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	45,138 bbl	$843,885
Casinghead gas	Production	68,475 Mcf	$138,176
Total			$982,061

23,912 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 (3)

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 31.9385, -102.9977. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

31.93961, -102.99403 · centre of 1 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%

3 of 3 wells

With a plug date

0.0%

0 of 3 wells

Median depth

5,450 ft

3 wells filed one

Completion to plug

—

no well filed both dates

What the state filed about each well

On the RRC proration schedule

3100.0%

A plug date is filed

00.0%

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

00.0%

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

Between 4,900 and 5,500 ft, median 5,450 ft, over the 3 wells that filed a depth.

Completions filed

Feb 1996 – Aug 2011

3 of 3 wells

3 wells


42-49530340	2	5,450 ft	Aug 2011	—	Yes
42-49530339	3	4,900 ft	Aug 2011	—	Yes
42-49530317	1	5,500 ft	Feb 1996	—	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 (112)

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

112 months


Apr 2002	0	0	23.65	3.51	$0
Mar 2002	0	0	22.00	3.10	$0
Feb 2002	0	0	18.22	2.38	$0
Jan 2002	0	0	17.17	2.38	$0
Dec 2001	313	451	16.93	2.36	$6,365
Nov 2001	165	613	18.07	2.41	$4,456
Oct 2001	503	731	19.78	2.53	$11,798
Sep 2001	339	797	24.26	2.25	$10,018
Aug 2001	338	898	24.87	3.05	$11,148
Jul 2001	167	917	23.93	3.20	$6,928
Jun 2001	356	727	24.56	3.82	$11,524
May 2001	338	902	25.52	4.31	$12,511
Apr 2001	343	867	24.68	5.34	$13,091
Mar 2001	351	835	24.54	5.38	$13,103
Feb 2001	345	0	27.75	5.77	$9,574
Jan 2001	352	876	27.47	8.40	$17,027
Dec 2000	531	818	26.88	9.12	$21,735
Nov 2000	179	803	32.21	5.66	$10,309
Oct 2000	356	867	31.23	5.15	$15,579
Sep 2000	535	862	31.87	5.19	$21,521
Aug 2000	162	844	29.64	4.54	$8,634
Jul 2000	174	710	28.53	4.09	$7,868
Jun 2000	665	565	29.30	4.40	$21,969
May 2000	169	603	27.26	3.68	$6,826
Apr 2000	360	724	24.51	3.12	$11,080
Mar 2000	356	692	28.42	2.86	$12,096
Feb 2000	354	746	27.62	2.73	$11,811
Jan 2000	362	723	25.27	2.48	$10,941
Dec 1999	356	752	24.28	2.42	$10,466
Nov 1999	371	756	23.19	2.43	$10,444
Oct 1999	365	660	20.98	2.80	$9,508
Sep 1999	369	641	21.75	2.62	$9,704
Aug 1999	547	340	19.26	2.88	$11,513
Jul 1999	371	300	17.89	2.37	$7,349
Jun 1999	368	802	15.94	2.36	$7,760
May 1999	325	847	15.79	2.32	$7,098
Apr 1999	529	826	15.10	2.21	$9,812
Mar 1999	351	859	12.47	1.84	$5,956
Feb 1999	534	780	9.98	1.82	$6,747
Jan 1999	362	741	10.38	1.90	$5,165
Dec 1998	517	739	9.20	1.77	$6,067
Nov 1998	536	728	10.89	2.19	$7,428
Oct 1998	526	830	12.42	1.97	$8,167
Sep 1998	427	843	12.59	2.08	$7,132
Aug 1998	349	861	11.30	1.91	$5,586
Jul 1998	507	811	11.74	2.24	$7,767
Jun 1998	511	893	11.24	2.24	$7,742
May 1998	513	884	12.62	2.21	$8,424
Apr 1998	339	606	13.04	2.51	$5,939
Mar 1998	695	581	12.80	2.31	$10,238
Feb 1998	518	648	13.95	2.30	$8,716
Jan 1998	341	772	14.70	2.15	$6,676
Dec 1997	679	727	16.32	2.41	$12,834
Nov 1997	701	694	18.19	3.09	$14,894
Oct 1997	516	624	19.25	3.15	$11,898
Sep 1997	357	673	17.74	2.95	$8,322
Aug 1997	686	588	17.86	2.55	$13,754
Jul 1997	493	600	17.58	2.25	$10,015
Jun 1997	532	725	17.24	2.26	$10,808
May 1997	709	838	18.97	2.31	$15,384
Apr 1997	815	938	17.88	2.08	$16,526
Mar 1997	520	1,137	18.95	1.94	$12,059
Feb 1997	507	948	20.49	2.21	$12,480
Jan 1997	892	1,000	23.48	3.54	$24,484
Dec 1996	704	713	23.32	—	$16,417
Nov 1996	513	631	21.97	—	$11,271
Oct 1996	688	528	23.31	—	$16,037
Sep 1996	839	470	22.22	—	$18,643
Aug 1996	658	276	20.26	—	$13,331
Jul 1996	506	216	19.55	—	$9,892
Jun 1996	686	417	18.73	—	$12,849
May 1996	838	697	19.43	—	$16,282
Apr 1996	873	653	21.51	—	$18,778
Mar 1996	863	725	19.38	—	$16,725
Feb 1996	1,023	736	16.98	—	$17,371
Jan 1996	333	242	17.07	—	$5,684
Dec 1995	168	180	17.19	—	$2,888
Nov 1995	340	138	16.00	—	$5,440
Oct 1995	169	120	15.43	—	$2,608
Sep 1995	340	121	16.18	—	$5,501
Aug 1995	345	119	15.92	—	$5,492
Jul 1995	171	240	15.24	—	$2,606
Jun 1995	340	388	16.41	—	$5,579
May 1995	341	429	17.56	—	$5,988
Apr 1995	174	522	17.73	—	$3,085
Mar 1995	349	592	16.44	—	$5,738
Feb 1995	345	478	16.58	—	$5,720
Jan 1995	172	431	15.92	—	$2,738
Dec 1994	341	341	15.03	—	$5,125
Nov 1994	344	392	15.90	—	$5,470
Oct 1994	173	482	15.58	—	$2,695
Sep 1994	346	499	15.29	—	$5,290
Aug 1994	359	601	16.13	—	$5,791
Jul 1994	168	533	17.56	—	$2,950
Jun 1994	336	573	17.09	—	$5,742
May 1994	341	378	15.88	—	$5,415
Apr 1994	344	412	14.14	—	$4,864
Mar 1994	169	298	12.46	—	$2,106
Feb 1994	517	532	12.50	—	$6,463
Jan 1994	167	437	12.66	—	$2,114
Dec 1993	345	463	12.33	—	$4,254
Nov 1993	166	789	14.49	—	$2,405
Oct 1993	344	832	15.85	—	$5,452
Sep 1993	341	868	15.03	—	$5,125
Aug 1993	339	858	15.66	—	$5,309
Jul 1993	167	778	15.46	—	$2,582
Jun 1993	338	543	16.79	—	$5,675
May 1993	332	553	17.68	—	$5,870
Apr 1993	333	726	18.05	—	$6,011
Mar 1993	376	638	18.14	—	$6,821
Feb 1993	176	591	17.90	—	$3,150
Jan 1993	351	733	16.93	—	$5,942

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 2001 — as filed, then multipliedworked

Oil                  313 bbl  × $ 16.93 =     $5,299
Casinghead gas       451 Mcf  × $  2.36 =     $1,066

────────────────────────────────────────────────────
Month total                                   $6,365

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/23507 is the state's own key, not one this site invented.