MCCUTCHEON

Operated by G P II ENERGY, INC. (P-5 292232) in the KEYSTONE (COLBY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 29064District 08Field 49129132Hydrogen sulphide fieldNGPA filingOilCasinghead gasSaveExport
Value, all time
$192 k
Jan 1993 – Apr 2003
Value, last 12 filed months
$0
at the published price for each month
Months reported
124
no gaps in the span
Streams
2
oil, casinghead 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 157 leases and 1,140 wells, and the rule below applies to all of them.

Discovered
1939-12-31
as the register files it
Field class
Oil and gas
the register's own label
Between wells
880 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres.

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.

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.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA2none

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.

StreamBasisVolumeValue
OilDisposition4,060 bbl$74,099
Casinghead gasProduction185,813 Mcf$117,810
Total$191,909

137,042 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 31.8872, -103.1060. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

31.88722, -103.10595 · 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%
2 of 2 wells
With a plug date
100.0%
2 of 2 wells
Median depth
3,348 ft
2 wells filed one
Completion to plug
17.5 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
2100.0%
A plug date is filed
2100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
2100.0%
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 3,295 and 3,400 ft, median 3,348 ft, over the 2 wells that filed a depth.

Completions filed
Jun 1985 – Oct 1985
2 of 2 wells
Plug dates filed
Feb 2003
2 of 2 wells

Last completion to plug: a median of 17.5 years across the 2 wells that filed both dates, with the middle half between 17.4 years and 17.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-4953196643,295 ftOct 1985Feb 2003Yes
42-4953171233,400 ftJun 1985Feb 2003Yes

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 (124)

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

124 months

Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 2000010026.889.12$912
Nov 20000832.215.66$45
Oct 20000231.235.15$10
Sep 20001802431.875.19$5,861
Aug 2000011429.644.54$518
Jul 200002028.534.09$82
Jun 200005329.304.40$233
May 20001844027.263.68$5,163
Apr 200007724.513.12$240
Mar 2000012028.422.86$343
Feb 200005127.622.73$139
Jan 200001325.272.48$32
Dec 1999045324.282.42$1,098
Nov 199916454723.192.43$5,135
Oct 1999071420.982.80$2,002
Sep 199916670421.752.62$5,454
Aug 1999044119.262.88$1,268
Jul 199908817.892.37$209
Jun 199916967515.942.36$4,288
May 19991681,39415.792.32$5,888
Apr 199901,66715.102.21$3,681
Mar 19991671,27012.471.84$4,417
Feb 19990899.981.82$162
Jan 199901,07910.381.90$2,050
Dec 199801,2119.201.77$2,147
Nov 1998077210.892.19$1,687
Oct 1998037412.421.97$736
Sep 199801,63012.592.08$3,395
Aug 199801,36811.301.91$2,609
Jul 199801,72911.742.24$3,868
Jun 19981761,66811.242.24$5,710
May 199801,77712.622.21$3,921
Apr 199801,40313.042.51$3,515
Mar 199801,51112.802.31$3,490
Feb 19981831,56213.952.30$6,144
Jan 199801,60114.702.15$3,450
Dec 199702,04016.322.41$4,919
Nov 19971802,01218.193.09$9,488
Oct 199702,02019.253.15$6,363
Sep 19971792,34917.742.95$10,116
Aug 199702,59017.862.55$6,617
Jul 199702,30417.582.25$5,177
Jun 199701,84717.242.26$4,169
May 19970018.972.31$0
Apr 19971842,13317.882.08$7,732
Mar 199701,90418.951.94$3,692
Feb 199701,43120.492.21$3,157
Jan 199701,79223.483.54$6,343
Dec 19961812,46023.32$4,221
Nov 199602,50121.97$0
Oct 199602,74623.31$0
Sep 199602,62222.22$0
Aug 19961842,31320.26$3,728
Jul 199602,86819.55$0
Jun 199602,92418.73$0
May 19961803,29619.43$3,497
Apr 199602,82521.51$0
Mar 199602,37719.38$0
Feb 199601,43216.98$0
Jan 1996033017.07$0
Dec 199502,55717.19$0
Nov 199502,11716.00$0
Oct 19951793,09915.43$2,762
Sep 199502,05216.18$0
Aug 199502,51515.92$0
Jul 199502,63515.24$0
Jun 199502,80716.41$0
May 19951792,97817.56$3,143
Apr 199502,53517.73$0
Mar 199502,78316.44$0
Feb 199502,69316.58$0
Jan 19951802,92515.92$2,866
Dec 19941762,68715.03$2,645
Nov 199402,87115.90$0
Oct 199402,74615.58$0
Sep 199402,50715.29$0
Aug 199402,46716.13$0
Jul 199402,43217.56$0
Jun 19941772,31717.09$3,025
May 199402,67215.88$0
Apr 19941722,99514.14$2,432
Mar 199403,35512.46$0
Feb 199403,11112.50$0
Jan 199403,37912.66$0
Dec 199302,90812.33$0
Nov 199302,94514.49$0
Oct 199302,72015.85$0
Sep 199303,33615.03$0
Aug 199303,96815.66$0
Jul 19931763,84915.46$2,721
Jun 199303,81016.79$0
May 199303,32717.68$0
Apr 199303,87418.05$0
Mar 19931764,23118.14$3,193
Feb 199304,02817.90$0
Jan 199304,11716.93$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 2000 — as filed, then multipliedworked
Oil                    0 bbl  × $ 26.88 =         $0
Casinghead gas       100 Mcf  × $  9.12 =       $912

────────────────────────────────────────────────────
Month total                                     $912

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/29064 is the state's own key, not one this site invented.