MCELROY

Operated by MILLWEE, JOHN F. (P-5 569342) in the GIB field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 31624District 08Field 34639001Hydrogen sulphide fieldNGPA filingOilCasinghead gasSaveExport
Value, all time
$19 k
Jan 1993 – Sep 1998
Value, last 12 filed months
$5 k
at the published price for each month
Months reported
69
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 25 leases and 34 wells, and the rule below applies to all of them.

Discovered
1947-11-09
as the register files it
Field class
Oil and gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

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: NET GOR 500

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
NGPA1none

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
OilDisposition754 bbl$11,802
Casinghead gasProduction23,010 Mcf$7,105
Total$18,907

20,107 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 31.3469, -102.3597. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.34695, -102.35966 · 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%
1 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
3,055 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
1100.0%
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

The one well that filed a depth was drilled to 3,055 ft.

Completions filed
Dec 1987
1 of 1 wells

1 well

42-1033382013,055 ftDec 1987Yes

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 (69)

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

69 months

Sep 19980012.592.08$0
Aug 19980011.301.91$0
Jul 199814813011.742.24$2,028
Jun 1998014011.242.24$313
May 1998014812.622.21$327
Apr 1998014513.042.51$363
Mar 1998014812.802.31$342
Feb 1998013413.952.30$308
Jan 1998015214.702.15$328
Dec 1997015716.322.41$379
Nov 1997113818.193.09$444
Oct 1997111019.253.15$366
Sep 1997114317.742.95$440
Aug 1997115817.862.55$422
Jul 1997116017.582.25$377
Jun 1997016217.242.26$366
May 199710017218.972.31$2,294
Apr 1997017517.882.08$364
Mar 1997018218.951.94$353
Feb 1997016420.492.21$362
Jan 1997018523.483.54$655
Dec 1996017623.32$0
Nov 1996019421.97$0
Oct 1996020723.31$0
Sep 1996020622.22$0
Aug 1996022320.26$0
Jul 1996023519.55$0
Jun 1996021618.73$0
May 1996024319.43$0
Apr 1996026621.51$0
Mar 1996029119.38$0
Feb 199616126016.98$2,734
Jan 1996031117.07$0
Dec 1995027517.19$0
Nov 1995132016.00$16
Oct 1995040815.43$0
Sep 1995026516.18$0
Aug 1995018815.92$0
Jul 1995029515.24$0
Jun 1995021516.41$0
May 1995029017.56$0
Apr 1995029017.73$0
Mar 1995031316.44$0
Feb 1995029616.58$0
Jan 1995034215.92$0
Dec 1994035315.03$0
Nov 1994036015.90$0
Oct 199417038815.58$2,649
Sep 1994039915.29$0
Aug 1994043516.13$0
Jul 1994046317.56$0
Jun 1994050617.09$0
May 1994031215.88$0
Apr 1994046214.14$0
Mar 1994048612.46$0
Feb 1994045112.50$0
Jan 1994053612.66$0
Dec 1993052012.33$0
Nov 1993054614.49$0
Oct 199316958015.85$2,679
Sep 1993058315.03$0
Aug 1993063015.66$0
Jul 1993066615.46$0
Jun 1993077316.79$0
May 1993074617.68$0
Apr 1993081318.05$0
Mar 1993089418.14$0
Feb 1993085717.90$0
Jan 199301,02316.93$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.

Jul 1998 — as filed, then multipliedworked
Oil                  148 bbl  × $ 11.74 =     $1,738
Casinghead gas       130 Mcf  × $  2.24 =       $291

────────────────────────────────────────────────────
Month total                                   $2,028

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/31624 is the state's own key, not one this site invented.