MCCLURE-WAGNON

Operated by J.A.M. PRODUCTION (P-5 427284) in the BARTONS CHAPEL, S. (STRAWN 3200) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 171960District 09Field 05974534GasSaveExport
Value, all time
$236 k
Jan 1999 – Nov 2008
Value, last 12 filed months
$1 k
at the published price for each month
Months reported
119
no gaps in the span
Streams
1
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 10 leases and 10 wells, and the rule below applies to all of them.

Discovered
1984-04-08
as the register files it
Field class
Gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: AOF-1 AND AOF-2 EFFECTIVE 07/01/2000.

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
GasProduction70,325 Mcf$236,357
Total$236,357

Every month this lease reported (119)

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

119 months

Nov 2008055.496.86$0
Oct 2008075.246.92$0
Sep 20080101.767.88$0
Aug 20080114.228.48$0
Jul 20080131.0811.39$0
Jun 20080131.3313.03$0
May 20080123.1711.57$0
Apr 20080110.3110.45$0
Mar 20080101.909.66$0
Feb 2008092.538.77$0
Jan 20087290.388.21$591
Dec 20078988.337.30$650
Nov 20079291.677.29$671
Oct 20077182.856.92$491
Sep 20079375.846.24$581
Aug 20071069.066.39$64
Jul 20074270.906.39$268
Jun 20071062.007.55$75
May 20074058.747.85$314
Apr 20071859.617.81$140
Mar 20077056.927.30$511
Feb 20075055.108.22$411
Jan 20076250.306.73$417
Dec 20067456.656.92$512
Nov 20066254.207.62$472
Oct 20067454.906.01$445
Sep 20068660.085.04$433
Aug 200615068.717.34$1,101
Jul 20069069.376.34$571
Jun 200610066.286.38$638
May 20067966.016.42$508
Apr 20065064.397.36$368
Mar 20068056.707.08$567
Feb 20068257.597.75$636
Jan 20069960.598.93$884
Dec 20056054.9413.42$805
Nov 20054054.6910.59$424
Oct 20056158.3413.80$842
Sep 20057261.4512.08$870
Aug 200519061.519.80$1,861
Jul 20057155.697.84$557
Jun 200511152.337.38$819
May 200510045.226.65$665
Apr 200510049.207.36$736
Mar 200511850.377.15$844
Feb 20059145.226.31$574
Jan 20057543.166.32$474
Dec 20045339.866.75$358
Nov 20046245.286.33$392
Oct 20047849.706.52$508
Sep 20047443.245.28$391
Aug 200413642.375.55$755
Jul 20047338.286.08$444
Jun 20046136.106.43$392
May 20047037.486.49$455
Apr 20047234.475.86$422
Mar 200413034.365.53$719
Feb 20049832.455.51$540
Jan 200414832.036.30$932
Dec 200312930.266.30$813
Nov 200311028.804.60$505
Oct 200312528.174.76$595
Sep 200319026.314.75$902
Aug 20039029.765.13$462
Jul 200310629.415.17$548
Jun 200312428.565.98$742
May 200313026.595.97$776
Apr 200310526.675.41$568
Mar 200314031.146.10$853
Feb 200310433.487.93$824
Jan 200317830.315.58$994
Dec 200218826.914.85$913
Nov 200225024.664.14$1,034
Oct 200230226.464.23$1,277
Sep 200231027.443.64$1,127
Aug 200249225.963.16$1,557
Jul 200240824.583.06$1,249
Jun 200242323.733.34$1,412
May 200256824.663.58$2,036
Apr 200251023.653.51$1,791
Mar 200259522.003.10$1,846
Feb 200255018.222.38$1,307
Jan 200276517.172.38$1,817
Dec 200171016.932.36$1,679
Nov 200151218.072.41$1,232
Oct 200171919.782.53$1,818
Sep 20011,07524.262.25$2,420
Aug 200131224.873.05$953
Jul 200119523.933.20$623
Jun 200133524.563.82$1,281
May 200198825.524.31$4,256
Apr 200126824.685.34$1,430
Mar 200188724.545.38$4,769
Feb 20019327.755.77$536
Jan 200118627.478.40$1,562
Dec 200063326.889.12$5,775
Nov 200022032.215.66$1,245
Oct 20001,10031.235.15$5,660
Sep 20001,11131.875.19$5,762
Aug 20002,91329.644.54$13,227
Jul 20002,87528.534.09$11,758
Jun 20002,97229.304.40$13,069
May 200096327.263.68$3,544
Apr 200099424.513.12$3,097
Mar 20001,02628.422.86$2,934
Feb 20002,70327.622.73$7,370
Jan 20002,98725.272.48$7,409
Dec 19993,20424.282.42$7,766
Nov 19994,02823.192.43$9,804
Oct 19994,02520.982.80$11,285
Sep 19994,05921.752.62$10,630
Aug 19993,01219.262.88$8,661
Jul 19992,21017.892.37$5,243
Jun 199986015.942.36$2,031
May 19993,11015.792.32$7,218
Apr 19992,98015.102.21$6,580
Mar 19992,59112.471.84$4,763
Feb 19992,2889.981.82$4,159
Jan 199940010.381.90$760

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.

Jan 2008 — as filed, then multipliedworked
Gas                   72 Mcf  × $  8.21 =       $591

────────────────────────────────────────────────────
Month total                                     $591

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. 09/G/171960 is the state's own key, not one this site invented.