MCRAE, SARAH

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

Operated by BKM PRODUCTION (P-5 72533) in the SHERMAN (PENNSYLVANIAN 8900) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 27424District 09Field 83162595OilCasinghead gasSave Export

Value, all time

$3.0 M

Jan 1993 – May 2016

Value, last 12 filed months

$5 k

at the published price for each month

Months reported

281

no gaps in the span

Streams

oil, casinghead gas

The SHERMAN (PENNSYLVANIAN 8900) 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 21 leases and 91 wells, and the rule below applies to all of them.

Discovered

1954-09-26

as the register files it

Field class

Oil and gas

the register's own label

Between wells

933 ft

minimum

From a lease line

330 ft

minimum

A drilling unit in this field needs at least 40 acres.

The Commission's schedule remark for this field reads: “ORDER;01/29/2025”

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	7,622 bbl	$254,140
Casinghead gas	Production	871,556 Mcf	$2,759,068
Total			$3,013,208

264,327 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 33.7057, -96.6498. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.70568, -96.64984 · 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

12,676 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 12,676 ft.

Completions filed

Sep 2014

1 of 1 wells

1 well


42-18131210	1	12,676 ft	Sep 2014	—	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 (281)

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

281 months


May 2016	0	0	42.52	1.99	$0
Apr 2016	0	0	36.56	1.99	$0
Mar 2016	11	0	33.01	1.79	$363
Feb 2016	0	0	26.47	2.06	$0
Jan 2016	159	0	27.35	2.36	$4,349
Dec 2015	0	0	32.36	2.00	$0
Nov 2015	0	0	38.79	2.17	$0
Oct 2015	0	0	43.55	2.43	$0
Sep 2015	0	0	42.99	2.76	$0
Aug 2015	0	0	40.16	2.87	$0
Jul 2015	0	0	48.15	2.95	$0
Jun 2015	0	0	56.15	2.88	$0
May 2015	0	0	55.21	2.96	$0
Apr 2015	0	0	49.82	2.71	$0
Mar 2015	0	0	42.89	2.93	$0
Feb 2015	0	0	44.66	2.98	$0
Jan 2015	0	0	43.43	3.10	$0
Dec 2014	0	0	54.69	3.59	$0
Nov 2014	0	0	70.46	4.25	$0
Oct 2014	0	0	78.30	3.90	$0
Sep 2014	0	0	86.16	4.05	$0
Aug 2014	318	7,603	89.39	4.04	$59,105
Jul 2014	662	2,003	96.56	4.18	$72,294
Jun 2014	0	419	98.16	4.74	$1,985
May 2014	0	1,945	94.73	4.73	$9,193
Apr 2014	0	1,775	95.94	4.81	$8,536
Mar 2014	0	1,608	95.89	5.06	$8,131
Feb 2014	0	1,437	97.40	6.19	$8,898
Jan 2014	0	0	90.40	4.86	$0
Dec 2013	0	1,650	91.82	4.35	$7,185
Nov 2013	0	1,621	88.85	3.74	$6,060
Oct 2013	0	1,631	97.42	3.78	$6,164
Sep 2013	0	1,752	104.11	3.72	$6,513
Aug 2013	0	792	104.25	3.52	$2,790
Jul 2013	0	1,492	102.52	3.72	$5,547
Jun 2013	0	1,446	94.40	3.93	$5,688
May 2013	0	1,526	94.83	4.15	$6,332
Apr 2013	0	1,488	93.96	4.28	$6,372
Mar 2013	0	3,038	93.62	3.91	$11,887
Feb 2013	0	654	91.23	3.42	$2,237
Jan 2013	0	1,750	91.60	3.42	$5,985
Dec 2012	0	1,798	86.77	3.42	$6,149
Nov 2012	0	1,765	86.95	3.62	$6,398
Oct 2012	0	1,902	89.38	3.40	$6,466
Sep 2012	0	2,001	94.67	2.92	$5,840
Aug 2012	0	1,835	92.66	2.91	$5,336
Jul 2012	0	1,811	85.13	3.02	$5,471
Jun 2012	0	1,783	79.82	2.52	$4,491
May 2012	0	1,756	91.61	2.49	$4,369
Apr 2012	0	1,756	101.65	2.00	$3,506
Mar 2012	0	1,955	105.05	2.22	$4,344
Feb 2012	0	1,729	101.10	2.57	$4,444
Jan 2012	0	2,008	98.09	2.73	$5,490
Dec 2011	0	1,651	96.87	3.24	$5,349
Nov 2011	0	1,888	95.72	3.31	$6,252
Oct 2011	0	2,003	84.98	3.65	$7,308
Sep 2011	0	1,958	83.62	3.99	$7,804
Aug 2011	0	1,947	83.40	4.15	$8,079
Jul 2011	0	1,915	94.14	4.52	$8,651
Jun 2011	0	1,836	92.90	4.64	$8,519
May 2011	0	1,773	98.13	4.40	$7,810
Apr 2011	0	1,684	105.96	4.33	$7,297
Mar 2011	173	2,063	96.36	4.06	$25,041
Feb 2011	0	1,885	85.64	4.18	$7,879
Jan 2011	0	2,123	86.50	4.59	$9,742
Dec 2010	0	1,949	85.73	4.35	$8,474
Nov 2010	0	1,848	80.84	3.80	$7,014
Oct 2010	0	2,028	78.10	3.51	$7,116
Sep 2010	0	1,969	72.63	3.98	$7,836
Aug 2010	0	2,390	73.68	4.42	$10,562
Jul 2010	0	2,345	72.55	4.74	$11,107
Jun 2010	0	2,003	70.36	4.91	$9,836
May 2010	0	2,117	71.12	4.24	$8,966
Apr 2010	0	2,020	81.69	4.12	$8,328
Mar 2010	0	2,236	78.39	4.39	$9,813
Feb 2010	0	2,028	73.58	5.44	$11,037
Jan 2010	0	2,253	74.36	5.96	$13,437
Dec 2009	0	2,279	71.44	5.48	$12,497
Nov 2009	0	2,233	74.59	3.75	$8,377
Oct 2009	0	2,322	72.54	4.11	$9,544
Sep 2009	0	2,263	65.54	3.06	$6,936
Aug 2009	0	2,319	67.42	3.22	$7,464
Jul 2009	0	2,357	61.13	3.46	$8,166
Jun 2009	0	2,263	66.16	3.90	$8,814
May 2009	0	2,326	54.74	3.93	$9,131
Apr 2009	0	2,113	46.77	3.59	$7,580
Mar 2009	0	2,148	42.14	4.06	$8,719
Feb 2009	0	2,025	32.81	4.63	$9,382
Jan 2009	0	2,126	35.86	5.37	$11,419
Dec 2008	0	2,230	37.10	5.98	$13,329
Nov 2008	0	2,304	55.49	6.86	$15,806
Oct 2008	0	2,396	75.24	6.92	$16,585
Sep 2008	0	2,427	101.76	7.88	$19,118
Aug 2008	0	2,502	114.22	8.48	$21,225
Jul 2008	0	2,476	131.08	11.39	$28,200
Jun 2008	0	2,238	131.33	13.03	$29,167
May 2008	0	2,214	123.17	11.57	$25,625
Apr 2008	0	2,236	110.31	10.45	$23,377
Mar 2008	174	2,438	101.90	9.66	$41,292
Feb 2008	0	2,381	92.53	8.77	$20,883
Jan 2008	0	2,616	90.38	8.21	$21,466
Dec 2007	0	2,328	88.33	7.30	$16,999
Nov 2007	0	2,390	91.67	7.29	$17,427
Oct 2007	0	2,444	82.85	6.92	$16,917
Sep 2007	0	2,403	75.84	6.24	$15,005
Aug 2007	0	2,595	69.06	6.39	$16,577
Jul 2007	0	2,611	70.90	6.39	$16,679
Jun 2007	0	2,581	62.00	7.55	$19,483
May 2007	0	2,274	58.74	7.85	$17,842
Apr 2007	0	1,942	59.61	7.81	$15,158
Mar 2007	0	2,385	56.92	7.30	$17,415
Feb 2007	0	1,958	55.10	8.22	$16,087
Jan 2007	0	2,791	50.30	6.73	$18,775
Dec 2006	0	2,707	56.65	6.92	$18,728
Nov 2006	0	2,408	54.20	7.62	$18,343
Oct 2006	0	2,557	54.90	6.01	$15,377
Sep 2006	0	2,625	60.08	5.04	$13,223
Aug 2006	0	2,560	68.71	7.34	$18,790
Jul 2006	0	2,492	69.37	6.34	$15,806
Jun 2006	0	2,474	66.28	6.38	$15,794
May 2006	186	2,601	66.01	6.42	$28,989
Apr 2006	0	2,560	64.39	7.36	$18,843
Mar 2006	0	2,566	56.70	7.08	$18,175
Feb 2006	0	2,262	57.59	7.75	$17,533
Jan 2006	0	2,368	60.59	8.93	$21,154
Dec 2005	0	1,912	54.94	13.42	$25,650
Nov 2005	0	1,523	54.69	10.59	$16,126
Oct 2005	0	2,278	58.34	13.80	$31,427
Sep 2005	0	2,507	61.45	12.08	$30,282
Aug 2005	0	2,355	61.51	9.80	$23,072
Jul 2005	0	2,498	55.69	7.84	$19,593
Jun 2005	0	2,571	52.33	7.38	$18,977
May 2005	0	3,080	45.22	6.65	$20,486
Apr 2005	0	2,966	49.20	7.36	$21,831
Mar 2005	0	2,261	50.37	7.15	$16,177
Feb 2005	0	2,072	45.22	6.31	$13,078
Jan 2005	0	2,220	43.16	6.32	$14,035
Dec 2004	0	2,373	39.86	6.75	$16,020
Nov 2004	0	2,172	45.28	6.33	$13,750
Oct 2004	0	2,694	49.70	6.52	$17,552
Sep 2004	0	2,439	43.24	5.28	$12,887
Aug 2004	0	2,826	42.37	5.55	$15,686
Jul 2004	186	3,035	38.28	6.08	$25,586
Jun 2004	0	2,937	36.10	6.43	$18,894
May 2004	0	2,649	37.48	6.49	$17,204
Apr 2004	0	3,206	34.47	5.86	$18,782
Mar 2004	0	2,774	34.36	5.53	$15,341
Feb 2004	0	2,942	32.45	5.51	$16,209
Jan 2004	0	2,819	32.03	6.30	$17,759
Dec 2003	0	2,006	30.26	6.30	$12,641
Nov 2003	0	2,450	28.80	4.60	$11,258
Oct 2003	0	3,491	28.17	4.76	$16,616
Sep 2003	0	2,765	26.31	4.75	$13,132
Aug 2003	0	3,420	29.76	5.13	$17,544
Jul 2003	0	3,642	29.41	5.17	$18,832
Jun 2003	0	3,308	28.56	5.98	$19,792
May 2003	0	3,502	26.59	5.97	$20,916
Apr 2003	0	3,261	26.67	5.41	$17,633
Mar 2003	181	3,445	31.14	6.10	$26,637
Feb 2003	0	3,276	33.48	7.93	$25,965
Jan 2003	0	3,373	30.31	5.58	$18,828
Dec 2002	0	3,581	26.91	4.85	$17,381
Nov 2002	0	3,540	24.66	4.14	$14,645
Oct 2002	0	3,699	26.46	4.23	$15,644
Sep 2002	0	3,410	27.44	3.64	$12,396
Aug 2002	0	3,670	25.96	3.16	$11,612
Jul 2002	0	3,606	24.58	3.06	$11,041
Jun 2002	0	3,740	23.73	3.34	$12,485
May 2002	0	2,999	24.66	3.58	$10,748
Apr 2002	0	3,482	23.65	3.51	$12,230
Mar 2002	0	3,638	22.00	3.10	$11,288
Feb 2002	0	3,301	18.22	2.38	$7,842
Jan 2002	0	3,669	17.17	2.38	$8,716
Dec 2001	126	3,199	16.93	2.36	$9,697
Nov 2001	0	3,590	18.07	2.41	$8,636
Oct 2001	0	2,705	19.78	2.53	$6,841
Sep 2001	0	3,465	24.26	2.25	$7,801
Aug 2001	0	3,708	24.87	3.05	$11,321
Jul 2001	0	3,547	23.93	3.20	$11,340
Jun 2001	0	3,603	24.56	3.82	$13,778
May 2001	0	3,890	25.52	4.31	$16,755
Apr 2001	185	3,762	24.68	5.34	$24,637
Mar 2001	0	3,904	24.54	5.38	$20,990
Feb 2001	0	3,527	27.75	5.77	$20,340
Jan 2001	0	3,873	27.47	8.40	$32,528
Dec 2000	0	3,885	26.88	9.12	$35,441
Nov 2000	0	3,820	32.21	5.66	$21,614
Oct 2000	0	3,949	31.23	5.15	$20,320
Sep 2000	180	3,842	31.87	5.19	$25,663
Aug 2000	0	3,949	29.64	4.54	$17,931
Jul 2000	0	4,015	28.53	4.09	$16,420
Jun 2000	0	3,905	29.30	4.40	$17,171
May 2000	0	4,033	27.26	3.68	$14,840
Apr 2000	0	3,960	24.51	3.12	$12,339
Mar 2000	184	4,068	28.42	2.86	$16,863
Feb 2000	0	3,800	27.62	2.73	$10,361
Jan 2000	0	4,081	25.27	2.48	$10,123
Dec 1999	0	4,060	24.28	2.42	$9,840
Nov 1999	0	4,154	23.19	2.43	$10,111
Oct 1999	0	4,363	20.98	2.80	$12,233
Sep 1999	0	4,216	21.75	2.62	$11,041
Aug 1999	0	4,339	19.26	2.88	$12,477
Jul 1999	177	4,352	17.89	2.37	$13,491
Jun 1999	0	4,252	15.94	2.36	$10,044
May 1999	0	4,390	15.79	2.32	$10,189
Apr 1999	0	4,211	15.10	2.21	$9,298
Mar 1999	0	4,423	12.47	1.84	$8,131
Feb 1999	196	3,718	9.98	1.82	$8,715
Jan 1999	0	4,440	10.38	1.90	$8,436
Dec 1998	0	4,429	9.20	1.77	$7,854
Nov 1998	0	4,233	10.89	2.19	$9,252
Oct 1998	0	4,372	12.42	1.97	$8,609
Sep 1998	193	4,207	12.59	2.08	$11,191
Aug 1998	0	4,287	11.30	1.91	$8,177
Jul 1998	0	4,299	11.74	2.24	$9,618
Jun 1998	0	4,147	11.24	2.24	$9,278
May 1998	190	4,381	12.62	2.21	$12,064
Apr 1998	0	4,190	13.04	2.51	$10,497
Mar 1998	0	4,279	12.80	2.31	$9,882
Feb 1998	0	3,800	13.95	2.30	$8,737
Jan 1998	0	4,116	14.70	2.15	$8,869
Dec 1997	192	4,106	16.32	2.41	$13,033
Nov 1997	0	3,977	18.19	3.09	$12,282
Oct 1997	0	4,198	19.25	3.15	$13,223
Sep 1997	0	4,184	17.74	2.95	$12,363
Aug 1997	182	4,524	17.86	2.55	$14,808
Jul 1997	0	4,680	17.58	2.25	$10,516
Jun 1997	0	4,673	17.24	2.26	$10,548
May 1997	0	4,883	18.97	2.31	$11,272
Apr 1997	190	4,737	17.88	2.08	$13,263
Mar 1997	0	4,938	18.95	1.94	$9,575
Feb 1997	0	4,343	20.49	2.21	$9,580
Jan 1997	0	5,110	23.48	3.54	$18,088
Dec 1996	192	5,115	23.32	—	$4,477
Nov 1996	0	4,972	21.97	—	$0
Oct 1996	0	5,165	23.31	—	$0
Sep 1996	195	4,975	22.22	—	$4,333
Aug 1996	0	5,207	20.26	—	$0
Jul 1996	0	5,271	19.55	—	$0
Jun 1996	0	5,051	18.73	—	$0
May 1996	188	5,113	19.43	—	$3,653
Apr 1996	0	5,067	21.51	—	$0
Mar 1996	0	5,249	19.38	—	$0
Feb 1996	191	4,934	16.98	—	$3,243
Jan 1996	0	5,272	17.07	—	$0
Dec 1995	197	5,325	17.19	—	$3,386
Nov 1995	0	5,221	16.00	—	$0
Oct 1995	0	5,434	15.43	—	$0
Sep 1995	182	5,269	16.18	—	$2,945
Aug 1995	0	5,537	15.92	—	$0
Jul 1995	0	6,200	15.24	—	$0
Jun 1995	190	5,397	16.41	—	$3,118
May 1995	0	5,559	17.56	—	$0
Apr 1995	0	6,000	17.73	—	$0
Mar 1995	190	5,637	16.44	—	$3,124
Feb 1995	0	3,818	16.58	—	$0
Jan 1995	0	5,573	15.92	—	$0
Dec 1994	196	5,577	15.03	—	$2,946
Nov 1994	0	5,400	15.90	—	$0
Oct 1994	188	5,321	15.58	—	$2,929
Sep 1994	0	5,513	15.29	—	$0
Aug 1994	0	5,813	16.13	—	$0
Jul 1994	189	4,918	17.56	—	$3,319
Jun 1994	0	5,933	17.09	—	$0
May 1994	0	5,878	15.88	—	$0
Apr 1994	198	5,731	14.14	—	$2,800
Mar 1994	0	6,448	12.46	—	$0
Feb 1994	181	5,286	12.50	—	$2,263
Jan 1994	0	5,785	12.66	—	$0
Dec 1993	180	5,829	12.33	—	$2,219
Nov 1993	0	5,651	14.49	—	$0
Oct 1993	179	5,783	15.85	—	$2,837
Sep 1993	0	6,240	15.03	—	$0
Aug 1993	0	5,865	15.66	—	$0
Jul 1993	176	5,892	15.46	—	$2,721
Jun 1993	0	5,806	16.79	—	$0
May 1993	203	5,934	17.68	—	$3,589
Apr 1993	0	5,901	18.05	—	$0
Mar 1993	180	5,913	18.14	—	$3,265
Feb 1993	0	5,455	17.90	—	$0
Jan 1993	182	6,094	16.93	—	$3,081

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 2016 — as filed, then multipliedworked

Oil                   11 bbl  × $ 33.01 =       $363
Casinghead gas         0 Mcf  × $  1.79 =         $0

────────────────────────────────────────────────────
Month total                                     $363

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/O/27424 is the state's own key, not one this site invented.