MCDONALD, REED

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

Operated by CONOCOPHILLIPS COMPANY (P-5 172232) in the HOWARD-GLASSCOCK (GLORIETA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 33434District 08Field 42971332Hydrogen sulphide fieldOilCasinghead gasSave Export

Value, all time

$702 k

Jan 1993 – Apr 2012

Value, last 12 filed months

$61 k

at the published price for each month

Months reported

232

no gaps in the span

Streams

oil, casinghead gas

The HOWARD-GLASSCOCK (GLORIETA) 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 131 leases and 850 wells, and the rule below applies to all of them.

Discovered

1925-12-31

as the register files it

Field class

Oil

the register's own label

Between wells

660 ft

minimum

From a lease line

330 ft

minimum

A drilling unit in this field needs at least 10 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.

The Commission's schedule remark for this field reads: “11/22/11.”

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	22,574 bbl	$685,929
Casinghead gas	Production	6,293 Mcf	$15,958
Total			$701,887

2,763 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 32.0875, -101.2766. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.08753, -101.27663 · 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

0.0%

0 of 1 wells

Median depth

3,400 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 3,400 ft.

Completions filed

Mar 2024

1 of 1 wells

1 well


42-22734677	1	3,400 ft	Mar 2024	—	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 (232)

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

232 months


Apr 2012	0	0	101.65	2.00	$0
Mar 2012	0	0	105.05	2.22	$0
Feb 2012	0	0	101.10	2.57	$0
Jan 2012	0	0	98.09	2.73	$0
Dec 2011	0	0	96.87	3.24	$0
Nov 2011	87	3	95.72	3.31	$8,338
Oct 2011	86	3	84.98	3.65	$7,319
Sep 2011	71	6	83.62	3.99	$5,961
Aug 2011	108	5	83.40	4.15	$9,028
Jul 2011	131	17	94.14	4.52	$12,409
Jun 2011	127	9	92.90	4.64	$11,840
May 2011	60	5	98.13	4.40	$5,910
Apr 2011	45	7	105.96	4.33	$4,799
Mar 2011	43	13	96.36	4.06	$4,196
Feb 2011	32	1	85.64	4.18	$2,745
Jan 2011	28	0	86.50	4.59	$2,422
Dec 2010	32	3	85.73	4.35	$2,756
Nov 2010	39	6	80.84	3.80	$3,176
Oct 2010	43	4	78.10	3.51	$3,372
Sep 2010	43	10	72.63	3.98	$3,163
Aug 2010	37	0	73.68	4.42	$2,726
Jul 2010	35	0	72.55	4.74	$2,539
Jun 2010	39	0	70.36	4.91	$2,744
May 2010	38	0	71.12	4.24	$2,703
Apr 2010	5	0	81.69	4.12	$408
Mar 2010	25	4	78.39	4.39	$1,977
Feb 2010	43	8	73.58	5.44	$3,207
Jan 2010	45	10	74.36	5.96	$3,406
Dec 2009	41	13	71.44	5.48	$3,000
Nov 2009	45	9	74.59	3.75	$3,390
Oct 2009	52	13	72.54	4.11	$3,826
Sep 2009	51	14	65.54	3.06	$3,385
Aug 2009	51	11	67.42	3.22	$3,474
Jul 2009	43	15	61.13	3.46	$2,681
Jun 2009	53	18	66.16	3.90	$3,577
May 2009	56	24	54.74	3.93	$3,160
Apr 2009	56	37	46.77	3.59	$2,752
Mar 2009	56	34	42.14	4.06	$2,498
Feb 2009	45	10	32.81	4.63	$1,523
Jan 2009	47	17	35.86	5.37	$1,777
Dec 2008	52	12	37.10	5.98	$2,001
Nov 2008	53	3	55.49	6.86	$2,962
Oct 2008	58	1	75.24	6.92	$4,371
Sep 2008	50	2	101.76	7.88	$5,104
Aug 2008	24	3	114.22	8.48	$2,767
Jul 2008	30	5	131.08	11.39	$3,989
Jun 2008	92	0	131.33	13.03	$12,082
May 2008	34	0	123.17	11.57	$4,188
Apr 2008	0	0	110.31	10.45	$0
Mar 2008	7	0	101.90	9.66	$713
Feb 2008	43	0	92.53	8.77	$3,979
Jan 2008	0	0	90.38	8.21	$0
Dec 2007	0	0	88.33	7.30	$0
Nov 2007	0	0	91.67	7.29	$0
Oct 2007	0	0	82.85	6.92	$0
Sep 2007	0	0	75.84	6.24	$0
Aug 2007	10	0	69.06	6.39	$691
Jul 2007	100	0	70.90	6.39	$7,090
Jun 2007	0	0	62.00	7.55	$0
May 2007	0	0	58.74	7.85	$0
Apr 2007	15	0	59.61	7.81	$894
Mar 2007	116	66	56.92	7.30	$7,085
Feb 2007	113	32	55.10	8.22	$6,489
Jan 2007	145	25	50.30	6.73	$7,462
Dec 2006	142	37	56.65	6.92	$8,300
Nov 2006	139	43	54.20	7.62	$7,861
Oct 2006	157	67	54.90	6.01	$9,022
Sep 2006	72	53	60.08	5.04	$4,593
Aug 2006	14	3	68.71	7.34	$984
Jul 2006	84	21	69.37	6.34	$5,960
Jun 2006	71	26	66.28	6.38	$4,872
May 2006	76	33	66.01	6.42	$5,229
Apr 2006	69	18	64.39	7.36	$4,575
Mar 2006	80	31	56.70	7.08	$4,756
Feb 2006	73	30	57.59	7.75	$4,437
Jan 2006	66	28	60.59	8.93	$4,249
Dec 2005	62	21	54.94	13.42	$3,688
Nov 2005	52	25	54.69	10.59	$3,109
Oct 2005	66	25	58.34	13.80	$4,195
Sep 2005	63	21	61.45	12.08	$4,125
Aug 2005	49	0	61.51	9.80	$3,014
Jul 2005	69	34	55.69	7.84	$4,109
Jun 2005	66	36	52.33	7.38	$3,720
May 2005	74	36	45.22	6.65	$3,586
Apr 2005	72	33	49.20	7.36	$3,785
Mar 2005	49	31	50.37	7.15	$2,690
Feb 2005	65	28	45.22	6.31	$3,116
Jan 2005	74	20	43.16	6.32	$3,320
Dec 2004	73	29	39.86	6.75	$3,106
Nov 2004	78	31	45.28	6.33	$3,728
Oct 2004	70	28	49.70	6.52	$3,661
Sep 2004	33	33	43.24	5.28	$1,601
Aug 2004	87	31	42.37	5.55	$3,858
Jul 2004	84	33	38.28	6.08	$3,416
Jun 2004	74	28	36.10	6.43	$2,852
May 2004	85	39	37.48	6.49	$3,439
Apr 2004	122	22	34.47	5.86	$4,334
Mar 2004	105	24	34.36	5.53	$3,741
Feb 2004	105	5	32.45	5.51	$3,435
Jan 2004	118	13	32.03	6.30	$3,861
Dec 2003	105	24	30.26	6.30	$3,329
Nov 2003	128	27	28.80	4.60	$3,810
Oct 2003	129	22	28.17	4.76	$3,739
Sep 2003	141	6	26.31	4.75	$3,738
Aug 2003	157	18	29.76	5.13	$4,765
Jul 2003	92	30	29.41	5.17	$2,861
Jun 2003	87	22	28.56	5.98	$2,616
May 2003	113	15	26.59	5.97	$3,094
Apr 2003	115	15	26.67	5.41	$3,148
Mar 2003	108	7	31.14	6.10	$3,406
Feb 2003	100	14	33.48	7.93	$3,459
Jan 2003	118	22	30.31	5.58	$3,699
Dec 2002	122	24	26.91	4.85	$3,400
Nov 2002	136	31	24.66	4.14	$3,482
Oct 2002	128	32	26.46	4.23	$3,522
Sep 2002	122	32	27.44	3.64	$3,464
Aug 2002	133	36	25.96	3.16	$3,567
Jul 2002	122	33	24.58	3.06	$3,100
Jun 2002	126	33	23.73	3.34	$3,100
May 2002	105	22	24.66	3.58	$2,668
Apr 2002	98	20	23.65	3.51	$2,388
Mar 2002	118	25	22.00	3.10	$2,674
Feb 2002	121	20	18.22	2.38	$2,252
Jan 2002	116	25	17.17	2.38	$2,051
Dec 2001	132	28	16.93	2.36	$2,301
Nov 2001	136	30	18.07	2.41	$2,530
Oct 2001	157	42	19.78	2.53	$3,212
Sep 2001	132	29	24.26	2.25	$3,268
Aug 2001	142	30	24.87	3.05	$3,623
Jul 2001	156	37	23.93	3.20	$3,851
Jun 2001	102	27	24.56	3.82	$2,608
May 2001	63	21	25.52	4.31	$1,698
Apr 2001	137	33	24.68	5.34	$3,557
Mar 2001	141	5	24.54	5.38	$3,487
Feb 2001	91	0	27.75	5.77	$2,525
Jan 2001	77	0	27.47	8.40	$2,115
Dec 2000	82	0	26.88	9.12	$2,204
Nov 2000	13	0	32.21	5.66	$419
Oct 2000	123	0	31.23	5.15	$3,841
Sep 2000	142	6	31.87	5.19	$4,557
Aug 2000	145	9	29.64	4.54	$4,339
Jul 2000	97	14	28.53	4.09	$2,825
Jun 2000	92	16	29.30	4.40	$2,766
May 2000	153	23	27.26	3.68	$4,255
Apr 2000	149	18	24.51	3.12	$3,708
Mar 2000	123	19	28.42	2.86	$3,550
Feb 2000	122	7	27.62	2.73	$3,389
Jan 2000	148	11	25.27	2.48	$3,767
Dec 1999	153	29	24.28	2.42	$3,785
Nov 1999	118	30	23.19	2.43	$2,809
Oct 1999	123	26	20.98	2.80	$2,653
Sep 1999	77	8	21.75	2.62	$1,696
Aug 1999	112	11	19.26	2.88	$2,189
Jul 1999	144	25	17.89	2.37	$2,635
Jun 1999	132	28	15.94	2.36	$2,170
May 1999	78	19	15.79	2.32	$1,276
Apr 1999	65	17	15.10	2.21	$1,019
Mar 1999	107	27	12.47	1.84	$1,384
Feb 1999	112	28	9.98	1.82	$1,169
Jan 1999	124	27	10.38	1.90	$1,338
Dec 1998	123	29	9.20	1.77	$1,183
Nov 1998	149	42	10.89	2.19	$1,714
Oct 1998	122	35	12.42	1.97	$1,584
Sep 1998	146	37	12.59	2.08	$1,915
Aug 1998	122	44	11.30	1.91	$1,463
Jul 1998	121	46	11.74	2.24	$1,523
Jun 1998	121	38	11.24	2.24	$1,445
May 1998	124	43	12.62	2.21	$1,660
Apr 1998	115	41	13.04	2.51	$1,602
Mar 1998	126	39	12.80	2.31	$1,703
Feb 1998	133	32	13.95	2.30	$1,929
Jan 1998	69	16	14.70	2.15	$1,049
Dec 1997	125	14	16.32	2.41	$2,074
Nov 1997	122	16	18.19	3.09	$2,269
Oct 1997	147	27	19.25	3.15	$2,915
Sep 1997	95	24	17.74	2.95	$1,756
Aug 1997	147	29	17.86	2.55	$2,700
Jul 1997	122	39	17.58	2.25	$2,232
Jun 1997	90	31	17.24	2.26	$1,622
May 1997	122	37	18.97	2.31	$2,400
Apr 1997	89	33	17.88	2.08	$1,660
Mar 1997	90	30	18.95	1.94	$1,764
Feb 1997	90	33	20.49	2.21	$1,917
Jan 1997	138	46	23.48	3.54	$3,403
Dec 1996	125	43	23.32	—	$2,915
Nov 1996	119	51	21.97	—	$2,614
Oct 1996	125	49	23.31	—	$2,914
Sep 1996	147	46	22.22	—	$3,266
Aug 1996	91	41	20.26	—	$1,844
Jul 1996	95	33	19.55	—	$1,857
Jun 1996	115	30	18.73	—	$2,154
May 1996	129	49	19.43	—	$2,506
Apr 1996	141	53	21.51	—	$3,033
Mar 1996	71	31	19.38	—	$1,376
Feb 1996	132	49	16.98	—	$2,241
Jan 1996	395	51	17.07	—	$6,743
Dec 1995	124	57	17.19	—	$2,132
Nov 1995	119	56	16.00	—	$1,904
Oct 1995	125	76	15.43	—	$1,929
Sep 1995	119	1	16.18	—	$1,925
Aug 1995	121	53	15.92	—	$1,926
Jul 1995	151	53	15.24	—	$2,301
Jun 1995	147	41	16.41	—	$2,412
May 1995	126	45	17.56	—	$2,213
Apr 1995	121	49	17.73	—	$2,145
Mar 1995	122	51	16.44	—	$2,006
Feb 1995	109	53	16.58	—	$1,807
Jan 1995	119	58	15.92	—	$1,894
Dec 1994	95	57	15.03	—	$1,428
Nov 1994	151	60	15.90	—	$2,401
Oct 1994	88	42	15.58	—	$1,371
Sep 1994	146	50	15.29	—	$2,232
Aug 1994	150	65	16.13	—	$2,420
Jul 1994	151	71	17.56	—	$2,652
Jun 1994	146	47	17.09	—	$2,495
May 1994	152	65	15.88	—	$2,414
Apr 1994	179	62	14.14	—	$2,531
Mar 1994	183	57	12.46	—	$2,280
Feb 1994	162	49	12.50	—	$2,025
Jan 1994	181	59	12.66	—	$2,291
Dec 1993	185	63	12.33	—	$2,281
Nov 1993	176	66	14.49	—	$2,550
Oct 1993	182	78	15.85	—	$2,885
Sep 1993	201	80	15.03	—	$3,021
Aug 1993	185	73	15.66	—	$2,897
Jul 1993	215	88	15.46	—	$3,324
Jun 1993	209	79	16.79	—	$3,509
May 1993	211	84	17.68	—	$3,730
Apr 1993	113	83	18.05	—	$2,040
Mar 1993	92	101	18.14	—	$1,669
Feb 1993	140	81	17.90	—	$2,506
Jan 1993	187	84	16.93	—	$3,166

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.

Nov 2011 — as filed, then multipliedworked

Oil                   87 bbl  × $ 95.72 =     $8,328
Casinghead gas         3 Mcf  × $  3.31 =        $10

────────────────────────────────────────────────────
Month total                                   $8,338

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/33434 is the state's own key, not one this site invented.