MCKENNA

Operated by BEST PETROLEUM EXPLORATIONS,INC. (P-5 68287) 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 207273District 09Field 652802002 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.2 M
Jan 2005 – Jun 2018
Value, last 12 filed months
$0
at the published price for each month
Months reported
162
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 Gas112009-07-10192888
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$451
GasProduction166,941 Mcf$1,178,270
Total$1,178,721

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 33.0250, -97.4964. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.02502, -97.49643 · 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
7,145 ft
1 wells filed one
Completion to plug
13.4 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 7,145 ft.

Completions filed
Jan 2005
1 of 1 wells
Plug dates filed
Jun 2018
1 of 1 wells

Last completion to plug: a median of 13.4 years across the 1 well that filed both dates, with the middle half between 13.4 years and 13.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-497357311A7,145 ftJan 2005Jun 2018Yes

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 (162)

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

162 months

Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 201601842.521.99$36
Apr 201604536.561.99$90
Mar 2016026233.011.79$470
Feb 2016029326.472.06$605
Jan 2016039927.352.36$943
Dec 2015042032.362.00$841
Nov 2015049938.792.17$1,082
Oct 2015052543.552.43$1,274
Sep 2015043642.992.76$1,203
Aug 2015033840.162.87$971
Jul 2015035848.152.95$1,054
Jun 2015044456.152.88$1,280
May 2015034055.212.96$1,005
Apr 2015038749.822.71$1,047
Mar 2015036342.892.93$1,065
Feb 2015032844.662.98$976
Jan 2015039843.433.10$1,234
Dec 2014051054.693.59$1,832
Nov 2014048870.464.25$2,075
Oct 2014050578.303.90$1,970
Sep 2014051186.164.05$2,067
Aug 2014049189.394.04$1,981
Jul 2014053696.564.18$2,240
Jun 2014056398.164.74$2,667
May 2014055194.734.73$2,604
Apr 2014037695.944.81$1,808
Mar 2014034495.895.06$1,740
Feb 2014033397.406.19$2,062
Jan 2014040890.404.86$1,983
Dec 2013053091.824.35$2,308
Nov 2013057988.853.74$2,164
Oct 2013056197.423.78$2,120
Sep 20130533104.113.72$1,982
Aug 20130514104.253.52$1,811
Jul 20130513102.523.72$1,907
Jun 2013045994.403.93$1,805
May 2013048694.834.15$2,016
Apr 2013042393.964.28$1,812
Mar 2013048493.623.91$1,894
Feb 2013051391.233.42$1,754
Jan 2013054291.603.42$1,854
Dec 2012040586.773.42$1,385
Nov 2012025686.953.62$928
Oct 2012032589.383.40$1,105
Sep 2012046394.672.92$1,351
Aug 2012048592.662.91$1,410
Jul 2012031585.133.02$952
Jun 2012033979.822.52$854
May 2012045391.612.49$1,127
Apr 20120425101.652.00$849
Mar 20120525105.052.22$1,167
Feb 20120552101.102.57$1,419
Jan 2012062598.092.73$1,709
Dec 2011054396.873.24$1,759
Nov 2011057795.723.31$1,911
Oct 2011064384.983.65$2,346
Sep 2011070383.623.99$2,802
Aug 2011034383.404.15$1,423
Jul 2011031594.144.52$1,423
Jun 2011021492.904.64$993
May 2011035898.134.40$1,577
Apr 20110609105.964.33$2,639
Mar 2011066696.364.06$2,702
Feb 2011031885.644.18$1,329
Jan 2011038886.504.59$1,780
Dec 2010047285.734.35$2,052
Nov 2010028480.843.80$1,078
Oct 2010049478.103.51$1,733
Sep 2010065872.633.98$2,618
Aug 2010012973.684.42$570
Jul 2010041272.554.74$1,951
Jun 2010052070.364.91$2,553
May 2010054571.124.24$2,308
Apr 2010047381.694.12$1,950
Mar 2010064878.394.39$2,844
Feb 2010071573.585.44$3,891
Jan 2010069374.365.96$4,133
Dec 2009071471.445.48$3,915
Nov 2009052474.593.75$1,966
Oct 2009019772.544.11$810
Sep 2009038365.543.06$1,174
Aug 2009028467.423.22$914
Jul 2009038261.133.46$1,323
Jun 2009058066.163.90$2,259
May 2009081054.743.93$3,180
Apr 2009093246.773.59$3,344
Mar 2009393442.144.06$3,918
Feb 2009094432.814.63$4,374
Jan 200901,03935.865.37$5,580
Dec 2008036737.105.98$2,194
Nov 2008062255.496.86$4,267
Oct 2008057175.246.92$3,952
Sep 20080903101.767.88$7,113
Aug 200801,123114.228.48$9,526
Jul 200801,212131.0811.39$13,804
Jun 200801,229131.3313.03$16,017
May 200801,316123.1711.57$15,232
Apr 200801,134110.3110.45$11,856
Mar 200801,356101.909.66$13,104
Feb 200801,25292.538.77$10,981
Jan 200801,37790.388.21$11,299
Dec 200701,28488.337.30$9,376
Nov 200701,59091.677.29$11,594
Oct 200701,42482.856.92$9,857
Sep 200701,28675.846.24$8,030
Aug 200701,60069.066.39$10,221
Jul 200701,47770.906.39$9,435
Jun 200701,41062.007.55$10,643
May 200701,44558.747.85$11,338
Apr 200701,48659.617.81$11,599
Mar 200701,19356.927.30$8,711
Feb 200701,77555.108.22$14,583
Jan 200701,63550.306.73$10,998
Dec 200601,69856.656.92$11,748
Nov 200602,23054.207.62$16,987
Oct 2006042854.906.01$2,574
Sep 200602,19060.085.04$11,031
Aug 200601,87568.717.34$13,762
Jul 200601,81369.376.34$11,499
Jun 200602,42366.286.38$15,468
May 200603,42166.016.42$21,980
Apr 200603,03064.397.36$22,302
Mar 200603,21156.707.08$22,743
Feb 200603,39757.597.75$26,331
Jan 200603,34860.598.93$29,909
Dec 200543,98954.9413.42$53,734
Nov 200513,70854.6910.59$39,316
Oct 200504,49458.3413.80$61,998
Sep 200504,67761.4512.08$56,493
Aug 200505,41961.519.80$53,089
Jul 200506,62155.697.84$51,933
Jun 200504,57852.337.38$33,790
May 200506,62445.226.65$44,057
Apr 200506,20949.207.36$45,701
Mar 200514,48350.377.15$32,126
Feb 2005010,21945.226.31$64,502
Jan 200504,57243.166.32$28,905

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.

May 2016 — as filed, then multipliedworked
Condensate             0 bbl  × $ 42.52 =         $0
Gas                   18 Mcf  × $  1.99 =        $36

────────────────────────────────────────────────────
Month total                                      $36

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/207273 is the state's own key, not one this site invented.