MCNEILL "C"

Operated by WESTERN RESERVES OIL COMPANY INC (P-5 912220) in the BLOCK A-28 (SAN ANDRES) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 36584District 08Field 08944500OilCasinghead gasSaveExport
Value, all time
$126 k
Mar 2001 – Oct 2009
Value, last 12 filed months
$17 k
at the published price for each month
Months reported
104
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 8 leases and 8 wells, and the rule below applies to all of them.

Discovered
1964-06-22
as the register files it
Field class
Oil
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

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
OilDisposition2,814 bbl$114,960
Casinghead gasProduction3,342 Mcf$11,440
Total$126,399

Every month this lease reported (104)

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

104 months

Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 2009170067.423.22$11,461
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 2009166035.865.37$5,953
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 2007170082.856.92$14,085
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 2007170058.747.85$9,986
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 2006173068.717.34$11,887
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 2005173054.6910.59$9,461
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 2005170049.207.36$8,364
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 2004134038.286.08$5,130
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 2004154032.455.51$4,997
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 2003179026.314.75$4,709
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 2003176031.146.10$5,481
Feb 20030033.487.93$0
Jan 200303430.315.58$190
Dec 200203226.914.85$155
Nov 200202624.664.14$108
Oct 20021782326.464.23$4,807
Sep 200202827.443.64$102
Aug 200201825.963.16$57
Jul 200203424.583.06$104
Jun 200203823.733.34$127
May 20021741324.663.58$4,337
Apr 2002020723.653.51$727
Mar 2002023722.003.10$735
Feb 2002020118.222.38$478
Jan 200215821517.172.38$3,224
Dec 2001022016.932.36$520
Nov 2001021418.072.41$515
Oct 2001020619.782.53$521
Sep 2001020124.262.25$453
Aug 200111921124.873.05$3,604
Jul 2001020323.933.20$649
Jun 200110120924.563.82$3,280
May 200117522325.524.31$5,427
Apr 20017424924.685.34$3,155
Mar 2001030024.545.38$1,613

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.

Aug 2009 — as filed, then multipliedworked
Oil                  170 bbl  × $ 67.42 =    $11,461
Casinghead gas         0 Mcf  × $  3.22 =         $0

────────────────────────────────────────────────────
Month total                                  $11,461

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/36584 is the state's own key, not one this site invented.