MCMORDIE 90

Operated by TEXAKOMA OPERATING, L.P. (P-5 844190) in the ST. CLAIR (GRANITE WASH) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 235840District 10Field 796365002 tax incentive programmesCondensateGasSaveExport
Value, all time
$794 k
Feb 2008 – Dec 2014
Value, last 12 filed months
$7 k
at the published price for each month
Months reported
83
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 210 leases and 255 wells, and the rule below applies to all of them.

Discovered
1974-02-25
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2012-08-21.

The Commission's schedule remark for this field reads: THE ALLOCATION FORMULA SHALL REMAIN SUSPENDED.

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 Gas112008-06-30183722
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
CondensateDisposition2,084 bbl$177,911
GasProduction93,968 Mcf$615,744
Total$793,655

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 35.8747, -100.6920. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.87473, -100.69197 · 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
9,430 ft
1 wells filed one
Completion to plug
6.3 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 9,430 ft.

Completions filed
Feb 2008
1 of 1 wells
Plug dates filed
May 2014
1 of 1 wells

Last completion to plug: a median of 6.3 years across the 1 well that filed both dates, with the middle half between 6.3 years and 6.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-3933203929,430 ftFeb 2008May 2014Yes

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 (83)

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

83 months

Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 201467096.564.18$6,470
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140295.944.81$10
Mar 201401395.895.06$66
Feb 201401697.406.19$99
Jan 201401290.404.86$58
Dec 201301291.824.35$52
Nov 201303688.853.74$135
Oct 20130597.423.78$19
Sep 201300104.113.72$0
Aug 2013029104.253.52$102
Jul 2013022102.523.72$82
Jun 201303694.403.93$142
May 20130494.834.15$17
Apr 201303193.964.28$133
Mar 201301093.623.91$39
Feb 201301091.233.42$34
Jan 20130591.603.42$17
Dec 20120486.773.42$14
Nov 20120086.953.62$0
Oct 20120589.383.40$17
Sep 20120194.672.92$3
Aug 20120092.662.91$0
Jul 2012038885.133.02$1,172
Jun 2012048979.822.52$1,232
May 2012046491.612.49$1,155
Apr 20120417101.652.00$833
Mar 20120490105.052.22$1,089
Feb 20120447101.102.57$1,149
Jan 2012050998.092.73$1,392
Dec 2011064496.873.24$2,086
Nov 2011065695.723.31$2,172
Oct 201101,18284.983.65$4,313
Sep 2011095283.623.99$3,794
Aug 201101,03683.404.15$4,299
Jul 20111731,04894.144.52$21,020
Jun 20113511,02592.904.64$37,364
May 201101,12298.134.40$4,942
Apr 20110916105.964.33$3,969
Mar 201101,10696.364.06$4,487
Feb 201101,01185.644.18$4,226
Jan 201101,17086.504.59$5,369
Dec 201001,18785.734.35$5,161
Nov 201001,16880.843.80$4,433
Oct 201001,25978.103.51$4,418
Sep 201001,25872.633.98$5,006
Aug 201001,39473.684.42$6,161
Jul 201001,52172.554.74$7,204
Jun 20101711,78070.364.91$20,772
May 201001,85171.124.24$7,839
Apr 20100081.694.12$0
Mar 2010067678.394.39$2,967
Feb 201001,36473.585.44$7,423
Jan 201001,42074.365.96$8,469
Dec 200901,30271.445.48$7,140
Nov 200901,53574.593.75$5,759
Oct 200901,59872.544.11$6,568
Sep 20091911,52665.543.06$17,195
Aug 200901,47667.423.22$4,751
Jul 200901,76661.133.46$6,118
Jun 200901,83366.163.90$7,140
May 200901,87454.743.93$7,357
Apr 20091871,82646.773.59$15,297
Mar 200902,13142.144.06$8,650
Feb 200902,08832.814.63$9,674
Jan 200902,28335.865.37$12,262
Dec 20081862,44037.105.98$21,485
Nov 200802,84155.496.86$19,490
Oct 20081743,14575.246.92$34,861
Sep 200802,851101.767.88$22,458
Aug 20081893,037114.228.48$47,351
Jul 200803,541131.0811.39$40,330
Jun 20081953,629131.3313.03$72,905
May 200804,071123.1711.57$47,119
Apr 20082005,171110.3110.45$76,124
Mar 200807,498101.909.66$72,461
Feb 200804,30392.538.77$37,740

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.

Jul 2014 — as filed, then multipliedworked
Condensate            67 bbl  × $ 96.56 =     $6,470
Gas                    0 Mcf  × $  4.18 =         $0

────────────────────────────────────────────────────
Month total                                   $6,470

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. 10/G/235840 is the state's own key, not one this site invented.