MCCONNELL

Operated by CIRCLE W OIL & GAS COMPANY (P-5 154035) in the PANHANDLE, WEST field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 23979District 10Field 68831001NGPA filingGasSaveExport
Value, all time
$1.6 M
Jan 1993 – May 2026
Value, last 12 filed months
$47 k
at the published price for each month
Months reported
401
no gaps in the span
Streams
1
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 4,532 leases and 4,532 wells, and the rule below applies to all of them.

Discovered
1933-02-08
as the register files it
Field class
Gas
the register's own label
Between wells
660 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 2013-11-12.

The Commission's schedule remark for this field reads: IS HEREBY 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
NGPA2none

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
GasProduction372,763 Mcf$1,577,582
Total$1,577,582

18,754 Mcf of this lease's gas, across 40 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 35.5481, -101.1297. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.54808, -101.12973 · 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
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
3,080 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
00.0%
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.
1100.0%

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 3,080 ft.

Completions filed
Dec 1938
1 of 1 wells

1 well

42-06580196A 53,080 ftDec 1938

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 (401)

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

401 months

May 2026197106.413.05$600
Apr 20261,07898.932.87$3,094
Mar 20261,01389.753.15$3,190
Feb 202694963.503.75$3,559
Jan 202689159.138.00$7,126
Dec 202580756.664.41$3,562
Nov 202590458.593.93$3,550
Oct 20251,28759.383.30$4,253
Sep 202577562.743.08$2,385
Aug 20252363.933.01$69
Jul 20252,23166.743.32$7,396
Jun 20252,73666.483.13$8,560
May 20252,23160.553.23$7,211
Apr 20251,77262.363.54$6,278
Mar 20251,87867.704.27$8,016
Feb 202541470.884.34$1,797
Jan 20252,21874.324.28$9,490
Dec 202443368.993.12$1,352
Nov 202454569.052.20$1,198
Oct 20249971.372.28$226
Sep 2024469.612.36$9
Aug 2024075.632.06$0
Jul 2024079.932.15$0
Jun 2024078.082.63$0
May 2024078.812.20$0
Apr 2024084.451.66$0
Mar 2024080.301.55$0
Feb 20249276.091.78$164
Jan 20241,50173.023.30$4,950
Dec 20231,40071.262.61$3,655
Nov 20231,36777.892.81$3,838
Oct 20231,36485.443.09$4,211
Sep 202388389.042.74$2,415
Aug 2023080.522.67$0
Jul 2023074.852.64$0
Jun 202374568.962.26$1,683
May 20231,25370.622.23$2,791
Apr 20231,71078.122.24$3,827
Mar 20231,76272.852.39$4,217
Feb 20231,41275.112.47$3,482
Jan 20231,04476.533.39$3,537
Dec 20221,07276.415.73$6,142
Nov 20221,40485.005.65$7,927
Oct 20221,06687.185.86$6,251
Sep 202214484.888.16$1,176
Aug 2022094.529.13$0
Jul 2022396101.587.54$2,987
Jun 2022870115.097.98$6,940
May 2022143109.378.43$1,206
Apr 2022746104.226.84$5,101
Mar 2022635108.885.08$3,224
Feb 2022391.054.86$15
Jan 202231081.844.54$1,407
Dec 202150571.323.90$1,969
Nov 202170977.435.24$3,713
Oct 202182779.795.71$4,725
Sep 202182769.865.35$4,425
Aug 20211,11266.024.22$4,693
Jul 202166870.783.98$2,660
Jun 202186469.493.38$2,921
May 2021063.483.02$0
Apr 202163760.362.76$1,757
Mar 202138861.302.72$1,054
Feb 202138857.805.55$2,153
Jan 202167350.412.81$1,891
Dec 202084544.642.68$2,261
Nov 202047238.772.71$1,278
Oct 202084536.972.48$2,094
Sep 202083837.091.99$1,668
Aug 20201,06239.982.39$2,533
Jul 202089238.371.83$1,628
Jun 202095934.901.69$1,621
May 20201,12116.921.81$2,034
Apr 202089114.751.80$1,608
Mar 20201,08630.341.86$2,016
Feb 20201,00849.881.98$1,997
Jan 202088457.252.09$1,852
Dec 201983359.012.30$1,920
Nov 201945255.302.75$1,243
Oct 201977853.472.42$1,882
Sep 201983155.052.66$2,208
Aug 201974253.112.30$1,710
Jul 20191,31256.272.46$3,228
Jun 201943952.782.49$1,094
May 20191,37658.482.74$3,771
Apr 20191,33962.632.75$3,683
Mar 20191,28756.803.06$3,941
Feb 201963450.852.79$1,770
Jan 20191,24246.033.23$4,009
Dec 20181,00546.594.19$4,206
Nov 20181,03852.934.24$4,398
Oct 20181,20761.443.40$4,101
Sep 20181,32359.543.11$4,112
Aug 20181,22759.403.07$3,763
Jul 20181,26965.142.93$3,721
Jun 20181,40460.183.08$4,320
May 20181,44165.382.90$4,180
Apr 20181,18563.842.90$3,437
Mar 20181,26961.222.79$3,537
Feb 20181,10061.782.77$3,043
Jan 20181,36362.874.01$5,465
Dec 20171,26957.272.92$3,707
Nov 20171,38155.423.12$4,306
Oct 20171,66949.292.98$4,980
Sep 20171,54547.523.09$4,770
Aug 20171,54845.373.00$4,651
Jul 20171,09643.873.09$3,384
Jun 20171,52342.493.09$4,702
May 20171,60745.373.26$5,244
Apr 20171,27447.933.21$4,092
Mar 20171,20046.772.98$3,580
Feb 20171,27150.452.95$3,753
Jan 20171,10749.413.42$3,785
Dec 20161,11248.763.72$4,140
Nov 20161,19542.492.64$3,160
Oct 20161,28646.193.09$3,974
Sep 20161,46241.553.10$4,533
Aug 20161,49041.442.92$4,357
Jul 20161,59341.622.92$4,658
Jun 20161,53245.352.69$4,115
May 20161,51842.521.99$3,022
Apr 20161,48636.561.99$2,959
Mar 20161,33333.011.79$2,391
Feb 20161,08126.472.06$2,231
Jan 20161,39227.352.36$3,291
Dec 20151,07632.362.00$2,154
Nov 20151,30038.792.17$2,818
Oct 20151,49743.552.43$3,633
Sep 20151,24442.992.76$3,431
Aug 20151,64740.162.87$4,731
Jul 20151,52048.152.95$4,477
Jun 20151,08756.152.88$3,134
May 20151,35555.212.96$4,005
Apr 20151,48949.822.71$4,030
Mar 20151,50742.892.93$4,423
Feb 20151,29544.662.98$3,854
Jan 20151,49143.433.10$4,623
Dec 20141,49454.693.59$5,365
Nov 20141,26570.464.25$5,379
Oct 20141,88578.303.90$7,353
Sep 20141,94486.164.05$7,864
Aug 20141,44789.394.04$5,839
Jul 20141,39396.564.18$5,822
Jun 20141,30798.164.74$6,191
May 20141,54094.734.73$7,279
Apr 20141,45595.944.81$6,997
Mar 20141,45495.895.06$7,353
Feb 20141,20797.406.19$7,474
Jan 20141,48290.404.86$7,204
Dec 201385591.824.35$3,723
Nov 20131,30188.853.74$4,864
Oct 20131,46997.423.78$5,552
Sep 20131,449104.113.72$5,387
Aug 20131,543104.253.52$5,435
Jul 20131,519102.523.72$5,647
Jun 20131,37694.403.93$5,412
May 20131,37494.834.15$5,701
Apr 20131,34593.964.28$5,760
Mar 20131,29293.623.91$5,055
Feb 20131,21091.233.42$4,138
Jan 20131,33491.603.42$4,562
Dec 20121,32486.773.42$4,528
Nov 20121,58186.953.62$5,731
Oct 20121,62289.383.40$5,514
Sep 20121,46994.672.92$4,287
Aug 20121,59592.662.91$4,639
Jul 20121,59585.133.02$4,818
Jun 20121,52279.822.52$3,834
May 20121,57391.612.49$3,914
Apr 20121,482101.652.00$2,959
Mar 20121,500105.052.22$3,333
Feb 20121,404101.102.57$3,609
Jan 20121,53098.092.73$4,183
Dec 20111,39096.873.24$4,503
Nov 20111,48195.723.31$4,904
Oct 20111,38984.983.65$5,068
Sep 20111,65583.623.99$6,597
Aug 20111,75583.404.15$7,282
Jul 20111,80994.144.52$8,172
Jun 20111,34192.904.64$6,222
May 20111,64498.134.40$7,242
Apr 20111,496105.964.33$6,483
Mar 20111,62096.364.06$6,573
Feb 20111,34085.644.18$5,601
Jan 20111,55386.504.59$7,126
Dec 20101,61485.734.35$7,017
Nov 20101,38980.843.80$5,272
Oct 20101,38378.103.51$4,853
Sep 20101,69972.633.98$6,761
Aug 20101,80873.684.42$7,990
Jul 20101,78872.554.74$8,469
Jun 20101,79770.364.91$8,824
May 20101,83371.124.24$7,763
Apr 20101,72181.694.12$7,095
Mar 20101,70378.394.39$7,474
Feb 20101,53773.585.44$8,365
Jan 20101,68574.365.96$10,049
Dec 20091,55571.445.48$8,527
Nov 20091,50774.593.75$5,654
Oct 20091,75772.544.11$7,222
Sep 20091,76865.543.06$5,418
Aug 20091,69067.423.22$5,439
Jul 20091,60961.133.46$5,574
Jun 20091,64466.163.90$6,403
May 20091,78754.743.93$7,015
Apr 20091,70246.773.59$6,106
Mar 20091,84142.144.06$7,473
Feb 20091,54932.814.63$7,177
Jan 20091,60435.865.37$8,615
Dec 20081,59437.105.98$9,528
Nov 20081,70955.496.86$11,724
Oct 20081,80875.246.92$12,515
Sep 20081,783101.767.88$14,045
Aug 20081,839114.228.48$15,600
Jul 20081,862131.0811.39$21,207
Jun 20081,807131.3313.03$23,550
May 20081,781123.1711.57$20,614
Apr 20081,657110.3110.45$17,324
Mar 20081,794101.909.66$17,337
Feb 20081,64192.538.77$14,393
Jan 20081,66190.388.21$13,630
Dec 20071,70188.337.30$12,421
Nov 20071,52491.677.29$11,113
Oct 20071,73482.856.92$12,003
Sep 20071,70775.846.24$10,659
Aug 20071,81669.066.39$11,601
Jul 20071,68570.906.39$10,764
Jun 20071,45962.007.55$11,013
May 20071,69558.747.85$13,299
Apr 20071,67059.617.81$13,035
Mar 20071,82856.927.30$13,348
Feb 20071,59955.108.22$13,137
Jan 20071,52850.306.73$10,279
Dec 20061,20956.656.92$8,364
Nov 20061,50054.207.62$11,426
Oct 20061,86854.906.01$11,234
Sep 20061,79660.085.04$9,047
Aug 20061,93168.717.34$14,173
Jul 20061,82669.376.34$11,582
Jun 20061,45866.286.38$9,308
May 20061,27166.016.42$8,166
Apr 20061,24164.397.36$9,134
Mar 20061,76656.707.08$12,508
Feb 200658257.597.75$4,511
Jan 200686660.598.93$7,736
Dec 20051,04454.9413.42$14,006
Nov 200597054.6910.59$10,271
Oct 20051,09758.3413.80$15,134
Sep 20051,08161.4512.08$13,057
Aug 20051,04361.519.80$10,218
Jul 200599955.697.84$7,836
Jun 200596852.337.38$7,145
May 20051,02945.226.65$6,844
Apr 200597249.207.36$7,154
Mar 200599050.377.15$7,083
Feb 200587545.226.31$5,523
Jan 200587443.166.32$5,526
Dec 200495239.866.75$6,427
Nov 200491445.286.33$5,786
Oct 20041,00849.706.52$6,567
Sep 200495343.245.28$5,036
Aug 200498842.375.55$5,484
Jul 200481438.286.08$4,953
Jun 200467736.106.43$4,355
May 200483937.486.49$5,449
Apr 200448434.475.86$2,835
Mar 200421334.365.53$1,178
Feb 200430232.455.51$1,664
Jan 200416632.036.30$1,046
Dec 200317930.266.30$1,128
Nov 200352328.804.60$2,403
Oct 200315228.174.76$723
Sep 200313426.314.75$636
Aug 200312329.765.13$631
Jul 200318629.415.17$962
Jun 200310528.565.98$628
May 200332026.595.97$1,911
Apr 200320426.675.41$1,103
Mar 200321931.146.10$1,335
Feb 200321033.487.93$1,664
Jan 200319930.315.58$1,111
Dec 200221526.914.85$1,044
Nov 200227024.664.14$1,117
Oct 200232126.464.23$1,358
Sep 200212627.443.64$458
Aug 200234825.963.16$1,101
Jul 200230524.583.06$934
Jun 200229423.733.34$981
May 200230224.663.58$1,082
Apr 200229323.653.51$1,029
Mar 200233522.003.10$1,039
Feb 200228018.222.38$665
Jan 200223417.172.38$556
Dec 200122316.932.36$527
Nov 200123218.072.41$558
Oct 200122319.782.53$564
Sep 200134824.262.25$783
Aug 200135324.873.05$1,078
Jul 200141223.933.20$1,317
Jun 200152324.563.82$2,000
May 200140725.524.31$1,753
Apr 200137824.685.34$2,017
Mar 200127024.545.38$1,452
Feb 200127227.755.77$1,569
Jan 200128227.478.40$2,368
Dec 200020926.889.12$1,907
Nov 200030132.215.66$1,703
Oct 200040931.235.15$2,105
Sep 200042531.875.19$2,204
Aug 200040529.644.54$1,839
Jul 200035628.534.09$1,456
Jun 200042129.304.40$1,851
May 200039027.263.68$1,435
Apr 200033724.513.12$1,050
Mar 200040628.422.86$1,161
Feb 200035727.622.73$973
Jan 200033025.272.48$819
Dec 199934324.282.42$831
Nov 199944723.192.43$1,088
Oct 199949920.982.80$1,399
Sep 199943521.752.62$1,139
Aug 199956319.262.88$1,619
Jul 199949217.892.37$1,167
Jun 199940315.942.36$952
May 199942815.792.32$993
Apr 199954115.102.21$1,195
Mar 199937412.471.84$688
Feb 19993229.981.82$585
Jan 199936010.381.90$684
Dec 19983669.201.77$649
Nov 199844510.892.19$973
Oct 199854212.421.97$1,067
Sep 199853012.592.08$1,104
Aug 199859711.301.91$1,139
Jul 199847011.742.24$1,052
Jun 199852411.242.24$1,172
May 199849812.622.21$1,099
Apr 199860713.042.51$1,521
Mar 199832712.802.31$755
Feb 199827813.952.30$639
Jan 199820114.702.15$433
Dec 199710716.322.41$258
Nov 199719218.193.09$593
Oct 199733019.253.15$1,039
Sep 199734217.742.95$1,011
Aug 199738417.862.55$981
Jul 199740217.582.25$903
Jun 199739417.242.26$889
May 199721018.972.31$485
Apr 1997017.882.08$0
Mar 1997018.951.94$0
Feb 1997020.492.21$0
Jan 1997023.483.54$0
Dec 1996023.32$0
Nov 1996021.97$0
Oct 1996023.31$0
Sep 1996022.22$0
Aug 1996020.26$0
Jul 1996019.55$0
Jun 19969618.73$0
May 1996019.43$0
Apr 1996021.51$0
Mar 1996519.38$0
Feb 19966416.98$0
Jan 199613117.07$0
Dec 1995117.19$0
Nov 199521516.00$0
Oct 199526015.43$0
Sep 199532316.18$0
Aug 199539315.92$0
Jul 199527315.24$0
Jun 199525816.41$0
May 199525517.56$0
Apr 199526417.73$0
Mar 199526616.44$0
Feb 199544816.58$0
Jan 199547615.92$0
Dec 199435815.03$0
Nov 199455715.90$0
Oct 199451715.58$0
Sep 199450615.29$0
Aug 199454816.13$0
Jul 199459317.56$0
Jun 199462617.09$0
May 199469415.88$0
Apr 199446214.14$0
Mar 199453012.46$0
Feb 199420512.50$0
Jan 199446012.66$0
Dec 199367712.33$0
Nov 199365314.49$0
Oct 199349815.85$0
Sep 199373915.03$0
Aug 199390615.66$0
Jul 199387915.46$0
Jun 199387916.79$0
May 199380517.68$0
Apr 199381618.05$0
Mar 199377718.14$0
Feb 199368217.90$0
Jan 199365916.93$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.

May 2026 — as filed, then multipliedworked
Gas                  197 Mcf  × $  3.05 =       $600

────────────────────────────────────────────────────
Month total                                     $600

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/23979 is the state's own key, not one this site invented.