MCKINNON

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

Operated by MWS PRODUCING, INC. (P-5 597379) in the FLORAC (STRAWN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 27157District 08Field 31498500NGPA filingOilCasinghead gasSave Export

Value, all time

$190 k

Jan 1993 – Oct 2004

Value, last 12 filed months

$13 k

at the published price for each month

Months reported

142

no gaps in the span

Streams

oil, casinghead gas

The FLORAC (STRAWN) 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 11 leases and 14 wells, and the rule below applies to all of them.

Discovered

1979-02-06

as the register files it

Field class

Oil

the register's own label

Between wells

—

no field rule filed

From a lease line

—

no field rule filed

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	2	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
Oil	Disposition	5,789 bbl	$111,090
Casinghead gas	Production	50,618 Mcf	$78,678
Total			$189,769

25,707 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 (2)

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 32.1562, -101.5450. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

32.15624, -101.54497 · 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%

2 of 2 wells

With a plug date

50.0%

1 of 2 wells

Median depth

9,842 ft

2 wells filed one

Completion to plug

21.7 years

median over 1 well

What the state filed about each well

On the RRC proration schedule

2100.0%

A plug date is filed

150.0%

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

150.0%

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 9,500 and 10,183 ft, median 9,842 ft, over the 2 wells that filed a depth.

Completions filed

Feb 2004

2 of 2 wells

Plug dates filed

Oct 2025

1 of 2 wells; 1 filed none

Last completion to plug: a median of 21.7 years across the 1 well that filed both dates, with the middle half between 21.7 years and 21.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells


42-22732757	2	9,500 ft	Feb 2004	—	Yes
42-22732570	1	10,183 ft	Feb 2004	Oct 2025	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 (142)

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

142 months


Oct 2004	0	0	49.70	6.52	$0
Sep 2004	0	0	43.24	5.28	$0
Aug 2004	0	0	42.37	5.55	$0
Jul 2004	0	0	38.28	6.08	$0
Jun 2004	0	0	36.10	6.43	$0
May 2004	0	0	37.48	6.49	$0
Apr 2004	0	0	34.47	5.86	$0
Mar 2004	0	0	34.36	5.53	$0
Feb 2004	15	100	32.45	5.51	$1,038
Jan 2004	42	389	32.03	6.30	$3,796
Dec 2003	43	405	30.26	6.30	$3,853
Nov 2003	44	648	28.80	4.60	$4,245
Oct 2003	18	543	28.17	4.76	$3,092
Sep 2003	5	0	26.31	4.75	$132
Aug 2003	0	0	29.76	5.13	$0
Jul 2003	0	0	29.41	5.17	$0
Jun 2003	4	0	28.56	5.98	$114
May 2003	0	0	26.59	5.97	$0
Apr 2003	0	0	26.67	5.41	$0
Mar 2003	4	4	31.14	6.10	$149
Feb 2003	0	0	33.48	7.93	$0
Jan 2003	0	0	30.31	5.58	$0
Dec 2002	5	0	26.91	4.85	$135
Nov 2002	4	22	24.66	4.14	$190
Oct 2002	9	127	26.46	4.23	$775
Sep 2002	18	206	27.44	3.64	$1,243
Aug 2002	6	220	25.96	3.16	$852
Jul 2002	18	475	24.58	3.06	$1,897
Jun 2002	0	484	23.73	3.34	$1,616
May 2002	162	95	24.66	3.58	$4,335
Apr 2002	124	645	23.65	3.51	$5,198
Mar 2002	0	269	22.00	3.10	$835
Feb 2002	0	284	18.22	2.38	$675
Jan 2002	0	252	17.17	2.38	$599
Dec 2001	22	87	16.93	2.36	$578
Nov 2001	0	289	18.07	2.41	$695
Oct 2001	23	308	19.78	2.53	$1,234
Sep 2001	112	305	24.26	2.25	$3,404
Aug 2001	0	326	24.87	3.05	$995
Jul 2001	0	317	23.93	3.20	$1,013
Jun 2001	85	275	24.56	3.82	$3,139
May 2001	0	114	25.52	4.31	$491
Apr 2001	105	250	24.68	5.34	$3,925
Mar 2001	0	134	24.54	5.38	$720
Feb 2001	195	209	27.75	5.77	$6,617
Jan 2001	0	249	27.47	8.40	$2,091
Dec 2000	0	262	26.88	9.12	$2,390
Nov 2000	0	246	32.21	5.66	$1,392
Oct 2000	119	231	31.23	5.15	$4,905
Sep 2000	0	252	31.87	5.19	$1,307
Aug 2000	0	263	29.64	4.54	$1,194
Jul 2000	0	252	28.53	4.09	$1,031
Jun 2000	125	314	29.30	4.40	$5,043
May 2000	0	318	27.26	3.68	$1,170
Apr 2000	0	311	24.51	3.12	$969
Mar 2000	0	326	28.42	2.86	$932
Feb 2000	114	337	27.62	2.73	$4,068
Jan 2000	0	205	25.27	2.48	$509
Dec 1999	0	213	24.28	2.42	$516
Nov 1999	92	203	23.19	2.43	$2,628
Oct 1999	0	211	20.98	2.80	$592
Sep 1999	0	259	21.75	2.62	$678
Aug 1999	1	302	19.26	2.88	$888
Jul 1999	96	303	17.89	2.37	$2,436
Jun 1999	0	282	15.94	2.36	$666
May 1999	0	296	15.79	2.32	$687
Apr 1999	34	289	15.10	2.21	$1,152
Mar 1999	0	318	12.47	1.84	$585
Feb 1999	0	293	9.98	1.82	$533
Jan 1999	88	356	10.38	1.90	$1,590
Dec 1998	0	344	9.20	1.77	$610
Nov 1998	0	341	10.89	2.19	$745
Oct 1998	102	354	12.42	1.97	$1,964
Sep 1998	0	365	12.59	2.08	$760
Aug 1998	59	388	11.30	1.91	$1,407
Jul 1998	1	405	11.74	2.24	$918
Jun 1998	0	390	11.24	2.24	$873
May 1998	98	403	12.62	2.21	$2,126
Apr 1998	0	386	13.04	2.51	$967
Mar 1998	0	434	12.80	2.31	$1,002
Feb 1998	114	401	13.95	2.30	$2,512
Jan 1998	0	448	14.70	2.15	$965
Dec 1997	0	478	16.32	2.41	$1,153
Nov 1997	117	454	18.19	3.09	$3,530
Oct 1997	0	479	19.25	3.15	$1,509
Sep 1997	60	469	17.74	2.95	$2,450
Aug 1997	0	472	17.86	2.55	$1,206
Jul 1997	114	497	17.58	2.25	$3,121
Jun 1997	0	480	17.24	2.26	$1,083
May 1997	119	462	18.97	2.31	$3,324
Apr 1997	0	432	17.88	2.08	$900
Mar 1997	112	455	18.95	1.94	$3,005
Feb 1997	0	444	20.49	2.21	$979
Jan 1997	112	457	23.48	3.54	$4,247
Dec 1996	0	479	23.32	—	$0
Nov 1996	0	455	21.97	—	$0
Oct 1996	111	461	23.31	—	$2,587
Sep 1996	0	475	22.22	—	$0
Aug 1996	113	474	20.26	—	$2,289
Jul 1996	0	513	19.55	—	$0
Jun 1996	112	499	18.73	—	$2,098
May 1996	0	549	19.43	—	$0
Apr 1996	105	512	21.51	—	$2,259
Mar 1996	1	559	19.38	—	$19
Feb 1996	116	522	16.98	—	$1,970
Jan 1996	0	565	17.07	—	$0
Dec 1995	122	525	17.19	—	$2,097
Nov 1995	0	547	16.00	—	$0
Oct 1995	128	577	15.43	—	$1,975
Sep 1995	3	569	16.18	—	$49
Aug 1995	124	594	15.92	—	$1,974
Jul 1995	2	584	15.24	—	$30
Jun 1995	114	576	16.41	—	$1,871
May 1995	2	586	17.56	—	$35
Apr 1995	110	585	17.73	—	$1,950
Mar 1995	112	574	16.44	—	$1,841
Feb 1995	247	540	16.58	—	$4,095
Jan 1995	0	599	15.92	—	$0
Dec 1994	2	695	15.03	—	$30
Nov 1994	1	943	15.90	—	$16
Oct 1994	119	876	15.58	—	$1,854
Sep 1994	0	759	15.29	—	$0
Aug 1994	116	640	16.13	—	$1,871
Jul 1994	1	643	17.56	—	$18
Jun 1994	107	440	17.09	—	$1,829
May 1994	0	166	15.88	—	$0
Apr 1994	97	200	14.14	—	$1,372
Mar 1994	118	261	12.46	—	$1,470
Feb 1994	115	259	12.50	—	$1,438
Jan 1994	121	338	12.66	—	$1,532
Dec 1993	0	334	12.33	—	$0
Nov 1993	0	406	14.49	—	$0
Oct 1993	120	474	15.85	—	$1,902
Sep 1993	0	586	15.03	—	$0
Aug 1993	116	594	15.66	—	$1,817
Jul 1993	0	484	15.46	—	$0
Jun 1993	117	544	16.79	—	$1,964
May 1993	113	402	17.68	—	$1,998
Apr 1993	0	703	18.05	—	$0
Mar 1993	136	666	18.14	—	$2,467
Feb 1993	0	714	17.90	—	$0
Jan 1993	128	661	16.93	—	$2,167

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.

Feb 2004 — as filed, then multipliedworked

Oil                   15 bbl  × $ 32.45 =       $487
Casinghead gas       100 Mcf  × $  5.51 =       $551

────────────────────────────────────────────────────
Month total                                   $1,038

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/27157 is the state's own key, not one this site invented.