MCMORDIE BROTHERS -C-

Operated by VALENCE OPERATING COMPANY (P-5 881167) in the RULER (MORROW UPPER) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 70156District 10Field 78900600NGPA filingCondensateGasSaveExport
Value, all time
$541 k
Jan 1993 – Jun 2017
Value, last 12 filed months
$336
at the published price for each month
Months reported
294
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 6 leases and 6 wells, and the rule below applies to all of them.

Discovered
1975-08-12
as the register files it
Field class
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 160 acres. The field rule took effect on 2007-06-26.

The Commission's schedule remark for this field reads: PAYNE "A" NO. 1 API 393-30177.

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
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
CondensateDisposition18 bbl$513
GasProduction149,930 Mcf$540,318
Total$540,831

30,710 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 35.9381, -100.6806. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.93809, -100.68062 · 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
9,778 ft
1 wells filed one
Completion to plug
39.6 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 9,778 ft.

Completions filed
Feb 1977
1 of 1 wells
Plug dates filed
Sep 2016
1 of 1 wells

Last completion to plug: a median of 39.6 years across the 1 well that filed both dates, with the middle half between 39.6 years and 39.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-3933023119,778 ftFeb 1977Sep 2016Yes

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 (294)

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

294 months

Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20177047.933.21$336
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 2016038342.521.99$763
Apr 2016048836.561.99$972
Mar 2016052733.011.79$945
Feb 2016051026.472.06$1,052
Jan 2016054827.352.36$1,296
Dec 2015053132.362.00$1,063
Nov 2015051538.792.17$1,116
Oct 2015052643.552.43$1,276
Sep 2015050342.992.76$1,387
Aug 2015048040.162.87$1,379
Jul 2015045748.152.95$1,346
Jun 2015034656.152.88$997
May 2015046855.212.96$1,383
Apr 2015046149.822.71$1,248
Mar 2015049042.892.93$1,438
Feb 2015047644.662.98$1,417
Jan 2015052043.433.10$1,612
Dec 2014046154.693.59$1,656
Nov 2014050370.464.25$2,139
Oct 2014052078.303.90$2,029
Sep 2014050286.164.05$2,031
Aug 2014052789.394.04$2,127
Jul 2014052496.564.18$2,190
Jun 2014050498.164.74$2,387
May 2014052494.734.73$2,477
Apr 2014050895.944.81$2,443
Mar 2014051695.895.06$2,609
Feb 2014046597.406.19$2,879
Jan 2014051190.404.86$2,484
Dec 2013049491.824.35$2,151
Nov 2013046288.853.74$1,727
Oct 2013049597.423.78$1,871
Sep 20130482104.113.72$1,792
Aug 20130525104.253.52$1,849
Jul 20130522102.523.72$1,941
Jun 2013050794.403.93$1,994
May 2013052994.834.15$2,195
Apr 2013050193.964.28$2,146
Mar 2013052193.623.91$2,039
Feb 2013043591.233.42$1,488
Jan 2013047191.603.42$1,611
Dec 2012048886.773.42$1,669
Nov 2012048186.953.62$1,744
Oct 2012050789.383.40$1,724
Sep 2012048894.672.92$1,424
Aug 2012050192.662.91$1,457
Jul 2012051085.133.02$1,541
Jun 2012051379.822.52$1,292
May 2012033391.612.49$829
Apr 20120489101.652.00$976
Mar 20120517105.052.22$1,149
Feb 20120469101.102.57$1,205
Jan 2012051598.092.73$1,408
Dec 2011052496.873.24$1,698
Nov 2011050295.723.31$1,662
Oct 2011050384.983.65$1,835
Sep 2011044383.623.99$1,766
Aug 2011050383.404.15$2,087
Jul 2011050894.144.52$2,295
Jun 2011048892.904.64$2,264
May 2011054098.134.40$2,379
Apr 20110428105.964.33$1,855
Mar 2011053196.364.06$2,154
Feb 2011046985.644.18$1,960
Jan 2011053886.504.59$2,469
Dec 2010052485.734.35$2,278
Nov 2010052980.843.80$2,008
Oct 2010054178.103.51$1,898
Sep 2010051372.633.98$2,041
Aug 2010052473.684.42$2,316
Jul 2010052572.554.74$2,487
Jun 2010050670.364.91$2,485
May 2010055171.124.24$2,334
Apr 201005581.694.12$227
Mar 2010022878.394.39$1,001
Feb 2010046973.585.44$2,552
Jan 2010051474.365.96$3,066
Dec 2009053871.445.48$2,950
Nov 2009052174.593.75$1,955
Oct 2009052872.544.11$2,170
Sep 2009046265.543.06$1,416
Aug 2009044067.423.22$1,416
Jul 2009046161.133.46$1,597
Jun 2009042066.163.90$1,636
May 2009053454.743.93$2,096
Apr 2009044846.773.59$1,607
Mar 2009052842.144.06$2,143
Feb 2009047932.814.63$2,219
Jan 2009050635.865.37$2,718
Dec 2008052737.105.98$3,150
Nov 2008051555.496.86$3,533
Oct 2008053675.246.92$3,710
Sep 20080533101.767.88$4,198
Aug 20080374114.228.48$3,173
Jul 20080528131.0811.39$6,014
Jun 20080509131.3313.03$6,634
May 20080536123.1711.57$6,204
Apr 20080502110.3110.45$5,248
Mar 20080510101.909.66$4,929
Feb 2008050392.538.77$4,412
Jan 2008053990.388.21$4,423
Dec 2007052988.337.30$3,863
Nov 2007058891.677.29$4,288
Oct 2007051582.856.92$3,565
Sep 2007049675.846.24$3,097
Aug 2007019869.066.39$1,265
Jul 2007031970.906.39$2,038
Jun 2007036262.007.55$2,733
May 2007051258.747.85$4,017
Apr 2007036659.617.81$2,857
Mar 2007050456.927.30$3,680
Feb 2007044255.108.22$3,631
Jan 2007050550.306.73$3,397
Dec 2006050356.656.92$3,480
Nov 2006047854.207.62$3,641
Oct 2006049954.906.01$3,001
Sep 2006048060.085.04$2,418
Aug 2006049268.717.34$3,611
Jul 2006048869.376.34$3,095
Jun 2006047666.286.38$3,039
May 2006050166.016.42$3,219
Apr 2006048964.397.36$3,599
Mar 2006050556.707.08$3,577
Feb 2006045657.597.75$3,535
Jan 2006048460.598.93$4,324
Dec 2005049554.9413.42$6,641
Nov 2005047554.6910.59$5,029
Oct 2005034958.3413.80$4,815
Sep 2005042361.4512.08$5,109
Aug 2005040161.519.80$3,929
Jul 2005053355.697.84$4,181
Jun 2005044852.337.38$3,307
May 2005047145.226.65$3,133
Apr 2005045849.207.36$3,371
Mar 2005041450.377.15$2,962
Feb 2005041945.226.31$2,645
Jan 2005044343.166.32$2,801
Dec 2004052239.866.75$3,524
Nov 2004033345.286.33$2,108
Oct 2004046849.706.52$3,049
Sep 2004046143.245.28$2,436
Aug 2004046642.375.55$2,587
Jul 2004037738.286.08$2,294
Jun 2004040836.106.43$2,625
May 2004051937.486.49$3,371
Apr 2004044434.475.86$2,601
Mar 2004048234.365.53$2,666
Feb 2004045132.455.51$2,485
Jan 2004046532.036.30$2,929
Dec 2003048830.266.30$3,075
Nov 2003047128.804.60$2,164
Oct 2003054528.174.76$2,594
Sep 2003052026.314.75$2,470
Aug 2003053529.765.13$2,744
Jul 2003053829.415.17$2,782
Jun 2003054028.565.98$3,231
May 2003052226.595.97$3,118
Apr 2003047826.675.41$2,585
Mar 2003054831.146.10$3,341
Feb 2003043533.487.93$3,448
Jan 2003052930.315.58$2,953
Dec 2002061326.914.85$2,975
Nov 2002055524.664.14$2,296
Oct 2002056426.464.23$2,385
Sep 2002053127.443.64$1,930
Aug 2002037125.963.16$1,174
Jul 2002035024.583.06$1,072
Jun 2002052523.733.34$1,753
May 2002055124.663.58$1,975
Apr 2002053523.653.51$1,879
Mar 2002050722.003.10$1,573
Feb 2002047718.222.38$1,133
Jan 2002061917.172.38$1,471
Dec 2001058416.932.36$1,381
Nov 2001050218.072.41$1,208
Oct 2001058819.782.53$1,487
Sep 2001057624.262.25$1,297
Aug 2001060424.873.05$1,844
Jul 2001060023.933.20$1,918
Jun 2001056324.563.82$2,153
May 2001047725.524.31$2,055
Apr 2001039224.685.34$2,091
Mar 2001057024.545.38$3,065
Feb 2001050827.755.77$2,930
Jan 2001055527.478.40$4,661
Dec 2000056226.889.12$5,127
Nov 2000054832.215.66$3,101
Oct 2000057631.235.15$2,964
Sep 2000055731.875.19$2,889
Aug 2000057929.644.54$2,629
Jul 2000057028.534.09$2,331
Jun 2000056129.304.40$2,467
May 2000065227.263.68$2,399
Apr 2000071424.513.12$2,225
Mar 2000073828.422.86$2,111
Feb 2000067127.622.73$1,829
Jan 2000071225.272.48$1,766
Dec 1999065624.282.42$1,590
Nov 1999056523.192.43$1,375
Oct 1999060520.982.80$1,696
Sep 1999054421.752.62$1,425
Aug 1999057419.262.88$1,651
Jul 1999058617.892.37$1,390
Jun 1999056115.942.36$1,325
May 1999055915.792.32$1,297
Apr 1999057315.102.21$1,265
Mar 1999058212.471.84$1,070
Feb 199905429.981.82$985
Jan 1999055010.381.90$1,045
Dec 199806089.201.77$1,078
Nov 1998060910.892.19$1,331
Oct 1998060312.421.97$1,187
Sep 1998059512.592.08$1,239
Aug 1998051511.301.91$982
Jul 1998061311.742.24$1,371
Jun 1998059711.242.24$1,336
May 1998062112.622.21$1,370
Apr 1998060113.042.51$1,506
Mar 1998061712.802.31$1,425
Feb 1998054913.952.30$1,262
Jan 1998063114.702.15$1,360
Dec 1997062916.322.41$1,517
Nov 1997061818.193.09$1,909
Oct 1997062719.253.15$1,975
Sep 1997057317.742.95$1,693
Aug 1997057417.862.55$1,466
Jul 1997064317.582.25$1,445
Jun 1997060017.242.26$1,354
May 1997056518.972.31$1,304
Apr 1997065617.882.08$1,366
Mar 1997067718.951.94$1,313
Feb 1997062420.492.21$1,376
Jan 1997067823.483.54$2,400
Dec 1996070423.32$0
Nov 1996068121.97$0
Oct 1996058023.31$0
Sep 1996059922.22$0
Aug 1996059920.26$0
Jul 1996066819.55$0
Jun 1996063018.73$0
May 1996068919.43$0
Apr 1996063121.51$0
Mar 1996055019.38$0
Feb 1996059216.98$0
Jan 1996058817.07$0
Dec 1995072917.19$0
Nov 1995066916.00$0
Oct 1995063615.43$0
Sep 1995065716.18$0
Aug 1995069315.92$0
Jul 1995052815.24$0
Jun 1995072516.41$0
May 1995068517.56$0
Apr 1995067217.73$0
Mar 1995067816.44$0
Feb 1995056416.58$0
Jan 1995080015.92$0
Dec 1994075815.03$0
Nov 1994075815.90$0
Oct 1994073415.58$0
Sep 1994071715.29$0
Aug 19941174516.13$177
Jul 1994071117.56$0
Jun 1994067517.09$0
May 1994071515.88$0
Apr 1994070214.14$0
Mar 1994064212.46$0
Feb 1994057512.50$0
Jan 1994063712.66$0
Dec 1993068612.33$0
Nov 1993059514.49$0
Oct 1993064115.85$0
Sep 1993060815.03$0
Aug 1993043315.66$0
Jul 1993043015.46$0
Jun 1993020016.79$0
May 1993042817.68$0
Apr 1993073418.05$0
Mar 1993070618.14$0
Feb 1993065317.90$0
Jan 1993068016.93$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.

Apr 2017 — as filed, then multipliedworked
Condensate             7 bbl  × $ 47.93 =       $336
Gas                    0 Mcf  × $  3.21 =         $0

────────────────────────────────────────────────────
Month total                                     $336

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/70156 is the state's own key, not one this site invented.