MCQUERRY

Operated by PROCO OPERATING CO., INC. (P-5 679595) 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 32854District 09Field 47941500OilCasinghead gasSaveExport
Value, all time
$3.6 M
Sep 2013 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
153
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
OilDisposition19,150 bbl$1,543,192
Casinghead gasProduction580,546 Mcf$2,077,012
Total$3,620,204

Every month this lease reported (153)

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

153 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 202001444.642.68$37
Nov 202008138.772.71$219
Oct 2020015236.972.48$377
Sep 2020017237.091.99$342
Aug 202003139.982.39$74
Jul 2020027738.371.83$506
Jun 2020037634.901.69$636
May 2020041916.921.81$760
Apr 2020040014.751.80$722
Mar 2020040230.341.86$746
Feb 2020030149.881.98$596
Jan 2020026057.252.09$545
Dec 201901,07759.012.30$2,482
Nov 201902,56855.302.75$7,064
Oct 201902,44453.472.42$5,911
Sep 20191602,99355.052.66$16,761
Aug 201901,68353.112.30$3,878
Jul 201903,17256.272.46$7,803
Jun 201902,63652.782.49$6,567
May 2019056658.482.74$1,551
Apr 201902,98862.632.75$8,219
Mar 20191733,41056.803.06$20,268
Feb 201903,31350.852.79$9,251
Jan 201903,63246.033.23$11,725
Dec 201803,86846.594.19$16,189
Nov 2018090852.934.24$3,847
Oct 201801,28461.443.40$4,363
Sep 201801,64059.543.11$5,097
Aug 201801,90059.403.07$5,826
Jul 201802,06065.142.93$6,040
Jun 201802,28560.183.08$7,031
May 201801,95165.382.90$5,659
Apr 20181842,51863.842.90$19,051
Mar 201804,36161.222.79$12,153
Feb 201804,32961.782.77$11,975
Jan 20181774,25762.874.01$28,196
Dec 201703,94157.272.92$11,514
Nov 201704,16455.423.12$12,985
Oct 201701,18349.292.98$3,530
Sep 20171731,15447.523.09$11,784
Aug 201704,97045.373.00$14,932
Jul 201702,75043.873.09$8,490
Jun 201701,46242.493.09$4,514
May 20171745,30745.373.26$25,213
Apr 201705,20847.933.21$16,726
Mar 201706,02046.772.98$17,962
Feb 201701,49150.452.95$4,402
Jan 201702,48049.413.42$8,479
Dec 201602,46448.763.72$9,173
Nov 201603,60942.492.64$9,543
Oct 201602,61846.193.09$8,090
Sep 201601,43741.553.10$4,456
Aug 201606,47541.442.92$18,935
Jul 20161707,08441.622.92$27,791
Jun 201607,12745.352.69$19,142
May 2016977,46142.521.99$18,980
Apr 201607,74336.561.99$15,417
Mar 20163298,63833.011.79$26,357
Feb 20161858,19826.472.06$21,815
Jan 20163428,78127.352.36$30,115
Dec 20151738,88632.362.00$23,383
Nov 2015898,45938.792.17$21,786
Oct 20151748,56043.552.43$28,349
Sep 20151697,40542.992.76$27,691
Aug 20151739,26840.162.87$33,570
Jul 20153368,98648.152.95$42,643
Jun 20153329,96156.152.88$47,358
May 20151687,38855.212.96$31,110
Apr 20151699,74749.822.71$34,801
Mar 201534810,86542.892.93$46,811
Feb 20153479,67844.662.98$44,301
Jan 201518611,35943.433.10$43,298
Dec 201417710,31254.693.59$46,714
Nov 201434411,09570.464.25$71,412
Oct 201434911,64078.303.90$72,734
Sep 201452212,49486.164.05$95,519
Aug 201450819,28589.394.04$123,227
Jul 20141,03729,18196.564.18$222,098
Jun 201434813,61298.164.74$98,638
May 201451417,71894.734.73$132,436
Apr 201434521,68095.944.81$137,361
Mar 20141,21028,68395.895.06$261,071
Feb 201486815,31697.406.19$179,380
Jan 20141,20116,03690.404.86$186,517
Dec 20131,22615,81791.824.35$181,446
Nov 20131,71427,79988.853.74$256,209
Oct 20133,95942,82397.423.78$547,529
Sep 201300104.113.72$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.

Dec 2020 — as filed, then multipliedworked
Oil                    0 bbl  × $ 44.64 =         $0
Casinghead gas        14 Mcf  × $  2.68 =        $37

────────────────────────────────────────────────────
Month total                                      $37

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/32854 is the state's own key, not one this site invented.