MCDOWELL ESTATE

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

Operated by OCCIDENTAL PERMIAN LTD. (P-5 617544) in the COBRA (WOLFCAMP) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 29319District 08Field 19235700Hydrogen sulphide fieldNGPA filingOilCasinghead gasSave Export

Value, all time

$2.8 M

Jan 1993 – Jan 2006

Value, last 12 filed months

$5 k

at the published price for each month

Months reported

157

no gaps in the span

Streams

oil, casinghead gas

The COBRA (WOLFCAMP) 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 78 leases and 89 wells, and the rule below applies to all of them.

Discovered

1984-06-20

as the register files it

Field class

Oil and gas

the register's own label

Between wells

1,200 ft

minimum

From a lease line

467 ft

minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 1985-03-01.

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: “FIELD CHANGED FROM ONE WELL TO PRORATED 04/29/2017”

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	1	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	63,511 bbl	$1,294,894
Casinghead gas	Production	439,092 Mcf	$1,520,777
Total			$2,815,671

55,009 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 (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 31.9696, -101.6268. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.96958, -101.62678 · 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%

1 of 1 wells

With a plug date

100.0%

1 of 1 wells

Median depth

8,100 ft

1 wells filed one

Completion to plug

33.3 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 8,100 ft.

Completions filed

Jul 1984

1 of 1 wells

Plug dates filed

Oct 2017

1 of 1 wells

Last completion to plug: a median of 33.3 years across the 1 well that filed both dates, with the middle half between 33.3 years and 33.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-17331632	1	8,100 ft	Jul 1984	Oct 2017	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 (157)

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

157 months


Jan 2006	0	0	60.59	8.93	$0
Dec 2005	0	0	54.94	13.42	$0
Nov 2005	0	0	54.69	10.59	$0
Oct 2005	0	0	58.34	13.80	$0
Sep 2005	0	0	61.45	12.08	$0
Aug 2005	0	0	61.51	9.80	$0
Jul 2005	90	0	55.69	7.84	$5,012
Jun 2005	0	0	52.33	7.38	$0
May 2005	0	0	45.22	6.65	$0
Apr 2005	0	0	49.20	7.36	$0
Mar 2005	0	0	50.37	7.15	$0
Feb 2005	0	0	45.22	6.31	$0
Jan 2005	0	0	43.16	6.32	$0
Dec 2004	0	0	39.86	6.75	$0
Nov 2004	0	1,068	45.28	6.33	$6,761
Oct 2004	0	1,235	49.70	6.52	$8,046
Sep 2004	141	1,488	43.24	5.28	$13,959
Aug 2004	0	2,009	42.37	5.55	$11,151
Jul 2004	177	2,300	38.28	6.08	$20,769
Jun 2004	0	2,637	36.10	6.43	$16,964
May 2004	0	2,924	37.48	6.49	$18,990
Apr 2004	181	3,140	34.47	5.86	$24,635
Mar 2004	0	3,425	34.36	5.53	$18,941
Feb 2004	323	3,495	32.45	5.51	$29,737
Jan 2004	0	3,953	32.03	6.30	$24,902
Dec 2003	509	4,517	30.26	6.30	$43,867
Nov 2003	0	4,748	28.80	4.60	$21,818
Oct 2003	184	5,363	28.17	4.76	$30,709
Sep 2003	331	5,525	26.31	4.75	$34,949
Aug 2003	335	5,775	29.76	5.13	$39,594
Jul 2003	178	4,618	29.41	5.17	$29,114
Jun 2003	180	8,002	28.56	5.98	$53,016
May 2003	505	11,389	26.59	5.97	$81,451
Apr 2003	940	13,060	26.67	5.41	$95,689
Mar 2003	875	15,902	31.14	6.10	$124,187
Feb 2003	1,319	16,652	33.48	7.93	$176,142
Jan 2003	906	6,865	30.31	5.58	$65,782
Dec 2002	0	5,728	26.91	4.85	$27,802
Nov 2002	355	5,648	24.66	4.14	$32,120
Oct 2002	181	5,964	26.46	4.23	$30,012
Sep 2002	353	5,959	27.44	3.64	$31,348
Aug 2002	179	7,056	25.96	3.16	$26,973
Jul 2002	529	6,905	24.58	3.06	$34,144
Jun 2002	359	7,206	23.73	3.34	$32,574
May 2002	363	8,167	24.66	3.58	$38,222
Apr 2002	541	8,646	23.65	3.51	$43,162
Mar 2002	917	10,280	22.00	3.10	$52,070
Feb 2002	731	10,321	18.22	2.38	$37,838
Jan 2002	1,460	13,526	17.17	2.38	$57,202
Dec 2001	1,272	14,672	16.93	2.36	$56,225
Nov 2001	1,776	15,241	18.07	2.41	$68,755
Oct 2001	1,447	19,449	19.78	2.53	$77,806
Sep 2001	2,492	20,460	24.26	2.25	$106,518
Aug 2001	2,663	22,876	24.87	3.05	$136,073
Jul 2001	3,237	18,595	23.93	3.20	$136,911
Jun 2001	0	0	24.56	3.82	$0
May 2001	0	0	25.52	4.31	$0
Apr 2001	368	134	24.68	5.34	$9,797
Mar 2001	0	648	24.54	5.38	$3,484
Feb 2001	0	623	27.75	5.77	$3,593
Jan 2001	0	492	27.47	8.40	$4,132
Dec 2000	718	503	26.88	9.12	$23,888
Nov 2000	0	651	32.21	5.66	$3,683
Oct 2000	0	651	31.23	5.15	$3,350
Sep 2000	359	1,088	31.87	5.19	$17,084
Aug 2000	358	790	29.64	4.54	$14,198
Jul 2000	338	1,122	28.53	4.09	$14,232
Jun 2000	0	419	29.30	4.40	$1,842
May 2000	664	594	27.26	3.68	$20,286
Apr 2000	0	568	24.51	3.12	$1,770
Mar 2000	0	1,065	28.42	2.86	$3,046
Feb 2000	726	992	27.62	2.73	$22,757
Jan 2000	0	1,057	25.27	2.48	$2,622
Dec 1999	323	1,307	24.28	2.42	$11,010
Nov 1999	365	1,016	23.19	2.43	$10,937
Oct 1999	365	1,068	20.98	2.80	$10,652
Sep 1999	361	1,037	21.75	2.62	$10,568
Aug 1999	367	1,093	19.26	2.88	$10,211
Jul 1999	367	1,100	17.89	2.37	$9,175
Jun 1999	361	1,102	15.94	2.36	$8,357
May 1999	0	1,088	15.79	2.32	$2,525
Apr 1999	368	1,052	15.10	2.21	$7,880
Mar 1999	537	0	12.47	1.84	$6,696
Feb 1999	338	946	9.98	1.82	$5,093
Jan 1999	322	1,056	10.38	1.90	$5,349
Dec 1998	295	1,043	9.20	1.77	$4,564
Nov 1998	184	1,017	10.89	2.19	$4,227
Oct 1998	726	1,074	12.42	1.97	$11,132
Sep 1998	0	1,028	12.59	2.08	$2,141
Aug 1998	356	1,087	11.30	1.91	$6,096
Jul 1998	367	1,096	11.74	2.24	$6,761
Jun 1998	362	0	11.24	2.24	$4,069
May 1998	369	1,127	12.62	2.21	$7,143
Apr 1998	186	1,056	13.04	2.51	$5,071
Mar 1998	360	1,080	12.80	2.31	$7,102
Feb 1998	516	951	13.95	2.30	$9,385
Jan 1998	371	1,047	14.70	2.15	$7,710
Dec 1997	155	975	16.32	2.41	$4,880
Nov 1997	367	1,011	18.19	3.09	$9,798
Oct 1997	367	1,092	19.25	3.15	$10,504
Sep 1997	359	1,068	17.74	2.95	$9,524
Aug 1997	360	1,120	17.86	2.55	$9,291
Jul 1997	182	1,095	17.58	2.25	$5,660
Jun 1997	186	1,079	17.24	2.26	$5,642
May 1997	717	1,090	18.97	2.31	$16,118
Apr 1997	358	1,009	17.88	2.08	$8,503
Mar 1997	0	1,042	18.95	1.94	$2,021
Feb 1997	692	889	20.49	2.21	$16,140
Jan 1997	0	956	23.48	3.54	$3,384
Dec 1996	366	959	23.32	—	$8,535
Nov 1996	364	921	21.97	—	$7,997
Oct 1996	373	959	23.31	—	$8,695
Sep 1996	364	978	22.22	—	$8,088
Aug 1996	360	1,040	20.26	—	$7,294
Jul 1996	343	1,033	19.55	—	$6,706
Jun 1996	182	986	18.73	—	$3,409
May 1996	371	989	19.43	—	$7,209
Apr 1996	352	861	21.51	—	$7,572
Mar 1996	554	948	19.38	—	$10,737
Feb 1996	414	674	16.98	—	$7,030
Jan 1996	348	499	17.07	—	$5,940
Dec 1995	380	543	17.19	—	$6,532
Nov 1995	0	391	16.00	—	$0
Oct 1995	0	374	15.43	—	$0
Sep 1995	348	253	16.18	—	$5,631
Aug 1995	368	1,076	15.92	—	$5,859
Jul 1995	373	1,395	15.24	—	$5,685
Jun 1995	367	1,417	16.41	—	$6,022
May 1995	366	1,172	17.56	—	$6,427
Apr 1995	369	1,255	17.73	—	$6,542
Mar 1995	545	919	16.44	—	$8,960
Feb 1995	570	1,077	16.58	—	$9,451
Jan 1995	364	1,244	15.92	—	$5,795
Dec 1994	363	1,324	15.03	—	$5,456
Nov 1994	729	1,367	15.90	—	$11,591
Oct 1994	360	1,336	15.58	—	$5,609
Sep 1994	742	1,326	15.29	—	$11,345
Aug 1994	364	1,201	16.13	—	$5,871
Jul 1994	366	1,247	17.56	—	$6,427
Jun 1994	731	1,257	17.09	—	$12,493
May 1994	739	1,224	15.88	—	$11,735
Apr 1994	369	1,194	14.14	—	$5,218
Mar 1994	370	1,231	12.46	—	$4,610
Feb 1994	740	1,294	12.50	—	$9,250
Jan 1994	373	1,566	12.66	—	$4,722
Dec 1993	738	1,531	12.33	—	$9,100
Nov 1993	745	1,442	14.49	—	$10,795
Oct 1993	370	1,667	15.85	—	$5,865
Sep 1993	728	1,391	15.03	—	$10,942
Aug 1993	360	1,616	15.66	—	$5,638
Jul 1993	729	1,657	15.46	—	$11,270
Jun 1993	724	1,409	16.79	—	$12,156
May 1993	739	1,367	17.68	—	$13,066
Apr 1993	362	1,365	18.05	—	$6,534
Mar 1993	371	1,172	18.14	—	$6,730
Feb 1993	930	1,378	17.90	—	$16,647
Jan 1993	559	1,484	16.93	—	$9,464

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.

Jul 2005 — as filed, then multipliedworked

Oil                   90 bbl  × $ 55.69 =     $5,012
Casinghead gas         0 Mcf  × $  7.84 =         $0

────────────────────────────────────────────────────
Month total                                   $5,012

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/29319 is the state's own key, not one this site invented.