MCCLURE HART UNIT

Operated by BRIGADIER OPERATING, LLC (P-5 92592) in the KRS (MARBLE FALLS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 32646District 09Field 47941500OilCasinghead gasSaveExport
Value, all time
$3.8 M
Jan 2013 – Sep 2015
Value, last 12 filed months
$201 k
at the published price for each month
Months reported
33
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 532 leases and 790 wells, and the rule below applies to all of them.

Discovered
2010-10-25
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 160 acres. The field rule took effect on 2015-08-25.

The Commission's schedule remark for this field reads: LEASE PLAT;

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
OilDisposition17,563 bbl$1,645,034
Casinghead gasProduction552,104 Mcf$2,202,764
Total$3,847,797

Every month this lease reported (33)

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

33 months

Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 201547042.892.93$2,016
Feb 20151777,59044.662.98$30,494
Jan 20151658,41243.433.10$33,248
Dec 201409,50854.693.59$34,147
Nov 20141779,26170.464.25$51,848
Oct 20141809,13178.303.90$49,714
Sep 201417315,40686.164.05$77,230
Aug 20141751,48889.394.04$21,648
Jul 201451813,32996.564.18$105,728
Jun 201434810,71398.164.74$84,906
May 201434510,95394.734.73$84,452
Apr 20143447,93195.944.81$71,144
Mar 201450011,85895.895.06$107,909
Feb 201450413,17497.406.19$130,663
Jan 201435115,88290.404.86$108,928
Dec 201334516,85491.824.35$105,068
Nov 20131,21015,72688.853.74$166,297
Oct 201386522,76097.423.78$170,287
Sep 201352124,355104.113.72$144,787
Aug 20131,04327,972104.253.52$207,267
Jul 20131,04531,458102.523.72$224,086
Jun 20131,38334,10094.403.93$264,684
May 20131,57140,77694.834.15$318,161
Apr 20132,09148,24593.964.28$403,084
Mar 20131,91362,31293.623.91$422,914
Feb 20131,21960,30091.233.42$317,430
Jan 201335322,61091.603.42$109,659

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 2015 — as filed, then multipliedworked
Oil                   47 bbl  × $ 42.89 =     $2,016
Casinghead gas         0 Mcf  × $  2.93 =         $0

────────────────────────────────────────────────────
Month total                                   $2,016

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/32646 is the state's own key, not one this site invented.