MCHARGUE

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

Operated by HENRY PETROLEUM LP (P-5 378642) in the SPRABERRY (TREND AREA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 32843District 08Field 85280300OilCasinghead gasSave Export

Value, all time

$675 k

Jan 1993 – Sep 2007

Value, last 12 filed months

$9 k

at the published price for each month

Months reported

177

no gaps in the span

Streams

oil, casinghead gas

The SPRABERRY (TREND AREA) 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 16,587 leases and 43,997 wells, and the rule below applies to all of them.

Discovered

1952-12-22

as the register files it

Field class

Oil and gas

the register's own label

Between wells

0 ft

minimum

From a lease line

330 ft

minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 2018-02-13.

The Commission's schedule remark for this field reads: “SPRABERRY (TREND AREA) FIELD EFFECTIVE 10/1/2019.”

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	24,841 bbl	$577,553
Casinghead gas	Production	42,447 Mcf	$97,907
Total			$675,460

17,770 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 32.2153, -101.7480. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.21529, -101.74796 · 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

8,325 ft

1 wells filed one

Completion to plug

5.3 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 8,325 ft.

Completions filed

Feb 2002

1 of 1 wells

Plug dates filed

Jun 2007

1 of 1 wells

Last completion to plug: a median of 5.3 years across the 1 well that filed both dates, with the middle half between 5.3 years and 5.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-31733622	1	8,325 ft	Feb 2002	Jun 2007	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 (177)

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

177 months


Sep 2007	0	0	75.84	6.24	$0
Aug 2007	0	0	69.06	6.39	$0
Jul 2007	51	0	70.90	6.39	$3,616
Jun 2007	1	0	62.00	7.55	$62
May 2007	0	0	58.74	7.85	$0
Apr 2007	82	0	59.61	7.81	$4,888
Mar 2007	0	0	56.92	7.30	$0
Feb 2007	0	0	55.10	8.22	$0
Jan 2007	0	1	50.30	6.73	$7
Dec 2006	0	34	56.65	6.92	$235
Nov 2006	0	0	54.20	7.62	$0
Oct 2006	0	91	54.90	6.01	$547
Sep 2006	177	88	60.08	5.04	$11,077
Aug 2006	0	143	68.71	7.34	$1,050
Jul 2006	176	118	69.37	6.34	$12,958
Jun 2006	0	135	66.28	6.38	$862
May 2006	0	75	66.01	6.42	$482
Apr 2006	127	14	64.39	7.36	$8,281
Mar 2006	0	159	56.70	7.08	$1,126
Feb 2006	184	168	57.59	7.75	$11,899
Jan 2006	166	179	60.59	8.93	$11,657
Dec 2005	0	170	54.94	13.42	$2,281
Nov 2005	354	176	54.69	10.59	$21,224
Oct 2005	0	180	58.34	13.80	$2,483
Sep 2005	176	95	61.45	12.08	$11,963
Aug 2005	178	109	61.51	9.80	$12,017
Jul 2005	178	179	55.69	7.84	$11,317
Jun 2005	0	17	52.33	7.38	$125
May 2005	187	30	45.22	6.65	$8,656
Apr 2005	0	37	49.20	7.36	$272
Mar 2005	0	0	50.37	7.15	$0
Feb 2005	0	12	45.22	6.31	$76
Jan 2005	0	76	43.16	6.32	$480
Dec 2004	311	51	39.86	6.75	$12,741
Nov 2004	0	61	45.28	6.33	$386
Oct 2004	0	64	49.70	6.52	$417
Sep 2004	182	64	43.24	5.28	$8,208
Aug 2004	0	64	42.37	5.55	$355
Jul 2004	173	27	38.28	6.08	$6,787
Jun 2004	0	21	36.10	6.43	$135
May 2004	177	80	37.48	6.49	$7,154
Apr 2004	0	98	34.47	5.86	$574
Mar 2004	180	87	34.36	5.53	$6,666
Feb 2004	0	104	32.45	5.51	$573
Jan 2004	190	115	32.03	6.30	$6,810
Dec 2003	172	162	30.26	6.30	$6,226
Nov 2003	0	165	28.80	4.60	$758
Oct 2003	178	180	28.17	4.76	$5,871
Sep 2003	0	185	26.31	4.75	$879
Aug 2003	186	191	29.76	5.13	$6,515
Jul 2003	175	179	29.41	5.17	$6,072
Jun 2003	0	184	28.56	5.98	$1,101
May 2003	176	189	26.59	5.97	$5,809
Apr 2003	175	180	26.67	5.41	$5,641
Mar 2003	0	194	31.14	6.10	$1,183
Feb 2003	0	177	33.48	7.93	$1,403
Jan 2003	171	194	30.31	5.58	$6,266
Dec 2002	175	204	26.91	4.85	$5,699
Nov 2002	186	199	24.66	4.14	$5,410
Oct 2002	0	220	26.46	4.23	$930
Sep 2002	0	193	27.44	3.64	$702
Aug 2002	182	190	25.96	3.16	$5,326
Jul 2002	180	198	24.58	3.06	$5,031
Jun 2002	0	194	23.73	3.34	$648
May 2002	183	188	24.66	3.58	$5,187
Apr 2002	173	221	23.65	3.51	$4,868
Mar 2002	0	232	22.00	3.10	$720
Feb 2002	0	18	18.22	2.38	$43
Jan 2002	0	0	17.17	2.38	$0
Dec 2001	0	3	16.93	2.36	$7
Nov 2001	0	0	18.07	2.41	$0
Oct 2001	0	0	19.78	2.53	$0
Sep 2001	179	250	24.26	2.25	$4,905
Aug 2001	0	250	24.87	3.05	$763
Jul 2001	175	406	23.93	3.20	$5,486
Jun 2001	164	387	24.56	3.82	$5,508
May 2001	349	287	25.52	4.31	$10,143
Apr 2001	0	206	24.68	5.34	$1,099
Mar 2001	0	202	24.54	5.38	$1,086
Feb 2001	173	247	27.75	5.77	$6,225
Jan 2001	173	307	27.47	8.40	$7,331
Dec 2000	0	240	26.88	9.12	$2,189
Nov 2000	350	311	32.21	5.66	$13,033
Oct 2000	0	358	31.23	5.15	$1,842
Sep 2000	172	331	31.87	5.19	$7,198
Aug 2000	0	284	29.64	4.54	$1,290
Jul 2000	148	325	28.53	4.09	$5,552
Jun 2000	293	363	29.30	4.40	$10,181
May 2000	0	364	27.26	3.68	$1,339
Apr 2000	333	321	24.51	3.12	$9,162
Mar 2000	140	316	28.42	2.86	$4,882
Feb 2000	0	243	27.62	2.73	$663
Jan 2000	171	264	25.27	2.48	$4,976
Dec 1999	171	264	24.28	2.42	$4,792
Nov 1999	170	245	23.19	2.43	$4,539
Oct 1999	178	288	20.98	2.80	$4,542
Sep 1999	155	292	21.75	2.62	$4,136
Aug 1999	176	338	19.26	2.88	$4,362
Jul 1999	0	327	17.89	2.37	$776
Jun 1999	330	317	15.94	2.36	$6,009
May 1999	0	347	15.79	2.32	$805
Apr 1999	183	339	15.10	2.21	$3,512
Mar 1999	182	359	12.47	1.84	$2,930
Feb 1999	173	317	9.98	1.82	$2,303
Jan 1999	179	350	10.38	1.90	$2,523
Dec 1998	176	381	9.20	1.77	$2,295
Nov 1998	176	260	10.89	2.19	$2,485
Oct 1998	344	341	12.42	1.97	$4,944
Sep 1998	176	396	12.59	2.08	$3,041
Aug 1998	176	401	11.30	1.91	$2,754
Jul 1998	173	407	11.74	2.24	$2,942
Jun 1998	2	385	11.24	2.24	$884
May 1998	2	394	12.62	2.21	$895
Apr 1998	175	374	13.04	2.51	$3,219
Mar 1998	180	426	12.80	2.31	$3,288
Feb 1998	169	333	13.95	2.30	$3,123
Jan 1998	170	403	14.70	2.15	$3,367
Dec 1997	172	204	16.32	2.41	$3,299
Nov 1997	174	12	18.19	3.09	$3,202
Oct 1997	188	75	19.25	3.15	$3,855
Sep 1997	176	280	17.74	2.95	$3,950
Aug 1997	180	212	17.86	2.55	$3,756
Jul 1997	175	143	17.58	2.25	$3,398
Jun 1997	163	166	17.24	2.26	$3,185
May 1997	179	298	18.97	2.31	$4,084
Apr 1997	179	316	17.88	2.08	$3,859
Mar 1997	351	370	18.95	1.94	$7,369
Feb 1997	1	331	20.49	2.21	$751
Jan 1997	173	362	23.48	3.54	$5,343
Dec 1996	168	363	23.32	—	$3,918
Nov 1996	313	348	21.97	—	$6,877
Oct 1996	176	382	23.31	—	$4,103
Sep 1996	179	393	22.22	—	$3,977
Aug 1996	173	389	20.26	—	$3,505
Jul 1996	173	384	19.55	—	$3,382
Jun 1996	175	366	18.73	—	$3,278
May 1996	190	337	19.43	—	$3,692
Apr 1996	172	290	21.51	—	$3,700
Mar 1996	331	296	19.38	—	$6,415
Feb 1996	178	165	16.98	—	$3,022
Jan 1996	169	226	17.07	—	$2,885
Dec 1995	174	187	17.19	—	$2,991
Nov 1995	167	209	16.00	—	$2,672
Oct 1995	348	170	15.43	—	$5,370
Sep 1995	170	203	16.18	—	$2,751
Aug 1995	172	286	15.92	—	$2,738
Jul 1995	171	312	15.24	—	$2,606
Jun 1995	173	377	16.41	—	$2,839
May 1995	296	310	17.56	—	$5,198
Apr 1995	154	115	17.73	—	$2,730
Mar 1995	172	380	16.44	—	$2,828
Feb 1995	166	337	16.58	—	$2,752
Jan 1995	166	400	15.92	—	$2,643
Dec 1994	336	429	15.03	—	$5,050
Nov 1994	166	425	15.90	—	$2,639
Oct 1994	176	461	15.58	—	$2,742
Sep 1994	171	468	15.29	—	$2,615
Aug 1994	332	479	16.13	—	$5,355
Jul 1994	170	487	17.56	—	$2,985
Jun 1994	168	402	17.09	—	$2,871
May 1994	340	428	15.88	—	$5,399
Apr 1994	165	406	14.14	—	$2,333
Mar 1994	170	391	12.46	—	$2,118
Feb 1994	333	385	12.50	—	$4,163
Jan 1994	165	462	12.66	—	$2,089
Dec 1993	307	473	12.33	—	$3,785
Nov 1993	335	428	14.49	—	$4,854
Oct 1993	168	431	15.85	—	$2,663
Sep 1993	168	444	15.03	—	$2,525
Aug 1993	339	477	15.66	—	$5,309
Jul 1993	192	446	15.46	—	$2,968
Jun 1993	366	429	16.79	—	$6,145
May 1993	171	449	17.68	—	$3,023
Apr 1993	330	451	18.05	—	$5,957
Mar 1993	190	416	18.14	—	$3,447
Feb 1993	179	412	17.90	—	$3,204
Jan 1993	369	466	16.93	—	$6,247

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 2007 — as filed, then multipliedworked

Oil                   51 bbl  × $ 70.90 =     $3,616
Casinghead gas         0 Mcf  × $  6.39 =         $0

────────────────────────────────────────────────────
Month total                                   $3,616

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/32843 is the state's own key, not one this site invented.