MCRAE

Operated by J-W OPERATING CO. (P-5 427960) in the NEWARK, EAST (BARNETT SHALE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 181719District 09Field 652802002 tax incentive programmesCondensateGasSaveExport
Value, all time
$750 k
Oct 1999 – May 2011
Value, last 12 filed months
$3 k
at the published price for each month
Months reported
140
no gaps in the span
Streams
2
condensate, 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 21,881 leases and 22,468 wells, and the rule below applies to all of them.

Discovered
1981-10-15
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 20 acres. The field rule took effect on 2009-09-29.

The Commission's schedule remark for this field reads: DESIGNATED AS UFT FIELD PER DOCKET 01-0299858

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
High Cost Gas112002-03-20146324
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
CondensateDisposition9 bbl$250
GasProduction153,861 Mcf$749,523
Total$749,773

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 33.2007, -97.3781. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.20071, -97.37810 · 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
100.0%
1 of 1 wells
Median depth
8,161 ft
1 wells filed one
Completion to plug
11.6 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 8,161 ft.

Completions filed
Oct 1999
1 of 1 wells
Plug dates filed
May 2011
1 of 1 wells

Last completion to plug: a median of 11.6 years across the 1 well that filed both dates, with the middle half between 11.6 years and 11.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-12130721118,161 ftOct 1999May 2011Yes

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 (140)

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

140 months

May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110496.364.06$16
Feb 2011012985.644.18$539
Jan 201105786.504.59$262
Dec 201002685.734.35$113
Nov 20100380.843.80$11
Oct 201006878.103.51$239
Sep 201006272.633.98$247
Aug 201006873.684.42$301
Jul 201008172.554.74$384
Jun 201008870.364.91$432
May 201002971.124.24$123
Apr 201008781.694.12$359
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 200906867.423.22$219
Jul 2009010961.133.46$378
Jun 2009010466.163.90$405
May 200909354.743.93$365
Apr 200905846.773.59$208
Mar 2009011542.144.06$467
Feb 2009017632.814.63$815
Jan 2009019435.865.37$1,042
Dec 2008026237.105.98$1,566
Nov 2008010955.496.86$748
Oct 2008026375.246.92$1,820
Sep 2008084101.767.88$662
Aug 200800114.228.48$0
Jul 200802131.0811.39$23
Jun 20080242131.3313.03$3,154
May 20080543123.1711.57$6,285
Apr 20080480110.3110.45$5,018
Mar 20080493101.909.66$4,764
Feb 2008046492.538.77$4,070
Jan 2008047590.388.21$3,898
Dec 2007042388.337.30$3,089
Nov 2007044791.677.29$3,259
Oct 2007064382.856.92$4,451
Sep 2007077275.846.24$4,820
Aug 2007030469.066.39$1,942
Jul 2007041870.906.39$2,670
Jun 200701,58262.007.55$11,942
May 2007070258.747.85$5,508
Apr 2007059659.617.81$4,652
Mar 2007043556.927.30$3,176
Feb 2007064255.108.22$5,275
Jan 2007048350.306.73$3,249
Dec 2006064656.656.92$4,469
Nov 2006060354.207.62$4,593
Oct 2006063554.906.01$3,819
Sep 2006063860.085.04$3,214
Aug 2006067268.717.34$4,932
Jul 2006064669.376.34$4,097
Jun 2006066866.286.38$4,264
May 2006065866.016.42$4,228
Apr 2006070164.397.36$5,160
Mar 2006057356.707.08$4,059
Feb 2006056457.597.75$4,372
Jan 2006062660.598.93$5,592
Dec 2005063454.9413.42$8,505
Nov 2005045254.6910.59$4,786
Oct 2005063858.3413.80$8,802
Sep 2005053661.4512.08$6,474
Aug 2005054861.519.80$5,369
Jul 2005049855.697.84$3,906
Jun 2005050352.337.38$3,713
May 2005064045.226.65$4,257
Apr 2005065449.207.36$4,814
Mar 2005069050.377.15$4,937
Feb 2005066145.226.31$4,172
Jan 2005066843.166.32$4,223
Dec 2004075639.866.75$5,104
Nov 2004070445.286.33$4,457
Oct 2004077349.706.52$5,036
Sep 2004073843.245.28$3,900
Aug 2004078042.375.55$4,330
Jul 2004080138.286.08$4,873
Jun 2004081036.106.43$5,211
May 2004094337.486.49$6,124
Apr 2004083834.475.86$4,909
Mar 2004088534.365.53$4,894
Feb 2004068232.455.51$3,758
Jan 2004097732.036.30$6,155
Dec 2003033530.266.30$2,111
Nov 2003024428.804.60$1,121
Oct 2003053028.174.76$2,523
Sep 2003046726.314.75$2,218
Aug 2003080929.765.13$4,150
Jul 2003056129.415.17$2,901
Jun 2003063028.565.98$3,769
May 2003087126.595.97$5,202
Apr 2003063026.675.41$3,407
Mar 2003071231.146.10$4,340
Feb 200301,10633.487.93$8,766
Jan 2003089830.315.58$5,013
Dec 2002089526.914.85$4,344
Nov 200201,31924.664.14$5,457
Oct 200201,21826.464.23$5,151
Sep 2002089927.443.64$3,268
Aug 200201,14325.963.16$3,617
Jul 200201,18624.583.06$3,631
Jun 200201,27723.733.34$4,263
May 200201,43624.663.58$5,147
Apr 200201,38323.653.51$4,858
Mar 200201,64022.003.10$5,088
Feb 200201,04818.222.38$2,490
Jan 200201,44117.172.38$3,423
Dec 200102,06216.932.36$4,875
Nov 20010018.072.41$0
Oct 2001079519.782.53$2,010
Sep 200101,29324.262.25$2,911
Aug 200101,46524.873.05$4,473
Jul 200101,30723.933.20$4,179
Jun 200101,80624.563.82$6,906
May 200102,08125.524.31$8,964
Apr 200131,74824.685.34$9,400
Mar 200101,96224.545.38$10,549
Feb 200131,99227.755.77$11,571
Jan 200102,51227.478.40$21,098
Dec 200002,32526.889.12$21,210
Nov 200022,22332.215.66$12,642
Oct 200002,51231.235.15$12,926
Sep 200003,22131.875.19$16,706
Aug 200004,62629.644.54$21,006
Jul 2000116,02228.534.09$65,555
Jun 2000016,23829.304.40$71,403
May 200002,67927.263.68$9,858
Apr 200003,48424.513.12$10,856
Mar 200002,33828.422.86$6,686
Feb 200005,01927.622.73$13,684
Jan 200005,00425.272.48$12,412
Dec 199906,93024.282.42$16,796
Nov 199902,61723.192.43$6,370
Oct 19990020.982.80$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.

Mar 2011 — as filed, then multipliedworked
Condensate             0 bbl  × $ 96.36 =         $0
Gas                    4 Mcf  × $  4.06 =        $16

────────────────────────────────────────────────────
Month total                                      $16

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/181719 is the state's own key, not one this site invented.