MCCONNELL, L. C.

Operated by RED LINE COMPANY, LTD. (P-5 697042) in the PANHANDLE GRAY COUNTY FIELD field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 278District 10Field 68873001NGPA filingOilCasinghead gasSaveExport
Value, all time
$403 k
Jan 1993 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
401
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 837 leases and 6,360 wells, and the rule below applies to all of them.

Discovered
1921-12-31
as the register files it
Field class
Oil
the register's own label
Between wells
467 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 1989-05-01.

The Commission's schedule remark for this field reads: UNTIL THE FLUID MIGRATION FROM SUCH STRATA IS ELIMINATED.

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
NGPA3none

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
OilDisposition5,470 bbl$343,923
Casinghead gasProduction17,272 Mcf$59,440
Total$403,363

6,191 Mcf of this lease's gas, across 47 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 (3)

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 35.5330, -101.0810. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.1 miles. 1 well has no surveyed location and is left out of it.

35.53301, -101.08100 · centre of 2 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%
3 of 3 wells
With a plug date
100.0%
3 of 3 wells
Median depth
3,265 ft
3 wells filed one
Completion to plug
85.8 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
3100.0%
A plug date is filed
3100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
3100.0%
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

Between 3,260 and 3,326 ft, median 3,265 ft, over the 3 wells that filed a depth.

Completions filed
Nov 1935 – Jul 1936
2 of 3 wells; 1 filed none
Plug dates filed
Feb 1984 – Jul 2023
3 of 3 wells

Last completion to plug: a median of 85.8 years across the 2 wells that filed both dates, with the middle half between 84.8 years and 86.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

3 wells

42-1798142953,326 ftFeb 1984Yes
42-1790695243,265 ftJul 1936Jun 2020Yes
42-1790695133,260 ftNov 1935Jul 2023Yes

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 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 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
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 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
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 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
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 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 2013171093.623.91$16,009
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 2012179089.383.40$15,999
Sep 20120094.672.92$0
Aug 2012180092.662.91$16,679
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 2012176091.612.49$16,123
Apr 201200101.652.00$0
Mar 20121760105.052.22$18,489
Feb 201200101.102.57$0
Jan 2012185098.092.73$18,147
Dec 20110096.873.24$0
Nov 2011170095.723.31$16,272
Oct 20110084.983.65$0
Sep 2011173083.623.99$14,466
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 2011166092.904.64$15,421
May 20110098.134.40$0
Apr 20111810105.964.33$19,179
Mar 20110096.364.06$0
Feb 2011175085.644.18$14,987
Jan 20110086.504.59$0
Dec 2010180085.734.35$15,431
Nov 20100080.843.80$0
Oct 2010184078.103.51$14,370
Sep 2010180072.633.98$13,073
Aug 20100073.684.42$0
Jul 2010167072.554.74$12,116
Jun 20100070.364.91$0
May 2010171071.124.24$12,162
Apr 20100081.694.12$0
Mar 2010171078.394.39$13,405
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 2008012990.388.21$1,059
Dec 2007012288.337.30$891
Nov 200704291.677.29$306
Oct 200714125082.856.92$13,412
Sep 2007022075.846.24$1,374
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 200702058.747.85$157
Apr 200702059.617.81$156
Mar 200702056.927.30$146
Feb 200702755.108.22$222
Jan 200704050.306.73$269
Dec 200602756.656.92$187
Nov 200605954.207.62$449
Oct 200605554.906.01$331
Sep 200606760.085.04$337
Aug 20061569368.717.34$11,401
Jul 2006011369.376.34$717
Jun 2006010466.286.38$664
May 200607666.016.42$488
Apr 200605964.397.36$434
Mar 200603056.707.08$212
Feb 200604657.597.75$357
Jan 2006012260.598.93$1,090
Dec 20051838554.9413.42$11,194
Nov 2005010854.6910.59$1,144
Oct 2005011258.3413.80$1,545
Sep 2005020361.4512.08$2,452
Aug 2005017761.519.80$1,734
Jul 200517927855.697.84$12,149
Jun 2005026652.337.38$1,963
May 2005017245.226.65$1,144
Apr 2005024049.207.36$1,767
Mar 200514520550.377.15$8,770
Feb 200501145.226.31$69
Jan 200501043.166.32$63
Dec 200401039.866.75$68
Nov 200405345.286.33$336
Oct 200403049.706.52$195
Sep 200401043.245.28$53
Aug 200401042.375.55$56
Jul 200406338.286.08$383
Jun 200401036.106.43$64
May 2004011137.486.49$721
Apr 200405934.475.86$346
Mar 200406134.365.53$337
Feb 200404032.455.51$220
Jan 200402932.036.30$183
Dec 200302630.266.30$164
Nov 200304028.804.60$184
Oct 2003010228.174.76$485
Sep 200308926.314.75$423
Aug 2003013129.765.13$672
Jul 2003019929.415.17$1,029
Jun 2003011428.565.98$682
May 2003022726.595.97$1,356
Apr 2003020926.675.41$1,130
Mar 2003023031.146.10$1,402
Feb 2003017233.487.93$1,363
Jan 200314117130.315.58$5,228
Dec 2002016126.914.85$781
Nov 2002011524.664.14$476
Oct 2002013826.464.23$584
Sep 200203627.443.64$131
Aug 2002013825.963.16$437
Jul 2002024324.583.06$744
Jun 2002025923.733.34$865
May 2002033224.663.58$1,190
Apr 2002028323.653.51$994
Mar 2002032022.003.10$993
Feb 2002027418.222.38$651
Jan 2002010017.172.38$238
Dec 200101016.932.36$24
Nov 200104718.072.41$113
Oct 2001024319.782.53$615
Sep 2001041824.262.25$941
Aug 2001022024.873.05$672
Jul 2001017823.933.20$569
Jun 200109424.563.82$359
May 200101025.524.31$43
Apr 200101024.685.34$53
Mar 200101024.545.38$54
Feb 200101027.755.77$58
Jan 200105027.478.40$420
Dec 200016412726.889.12$5,567
Nov 2000014432.215.66$815
Oct 200001731.235.15$87
Sep 2000017031.875.19$882
Aug 200001029.644.54$45
Jul 200001028.534.09$41
Jun 200001029.304.40$44
May 200001027.263.68$37
Apr 200001024.513.12$31
Mar 200001028.422.86$29
Feb 200001027.622.73$27
Jan 200001025.272.48$25
Dec 199902524.282.42$61
Nov 199902523.192.43$61
Oct 19990020.982.80$0
Sep 19990021.752.62$0
Aug 19990019.262.88$0
Jul 19990017.892.37$0
Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 1999017915.102.21$395
Mar 19990012.471.84$0
Feb 1999009.981.82$0
Jan 19990010.381.90$0
Dec 1998009.201.77$0
Nov 19980010.892.19$0
Oct 19980012.421.97$0
Sep 199806212.592.08$129
Aug 1998019911.301.91$380
Jul 19980011.742.24$0
Jun 19980011.242.24$0
May 19980012.622.21$0
Apr 19980013.042.51$0
Mar 19980012.802.31$0
Feb 19980013.952.30$0
Jan 19980014.702.15$0
Dec 19970016.322.41$0
Nov 199702618.193.09$80
Oct 19970719.253.15$22
Sep 199708517.742.95$251
Aug 1997015617.862.55$399
Jul 199706117.582.25$137
Jun 199702717.242.26$61
May 199701818.972.31$42
Apr 199703017.882.08$62
Mar 199702018.951.94$39
Feb 199704620.492.21$101
Jan 199707423.483.54$262
Dec 19960023.32$0
Nov 199601321.97$0
Oct 199617821123.31$4,149
Sep 1996017122.22$0
Aug 1996016120.26$0
Jul 1996019219.55$0
Jun 1996016218.73$0
May 1996019119.43$0
Apr 1996018521.51$0
Mar 1996016419.38$0
Feb 199609116.98$0
Jan 1996011617.07$0
Dec 1995019017.19$0
Nov 1995014816.00$0
Oct 1995016215.43$0
Sep 1995015516.18$0
Aug 1995016915.92$0
Jul 1995019015.24$0
Jun 1995017816.41$0
May 1995020017.56$0
Apr 1995015117.73$0
Mar 1995018316.44$0
Feb 199504116.58$0
Jan 1995012815.92$0
Dec 199404715.03$0
Nov 19941595315.90$2,528
Oct 199408115.58$0
Sep 199403015.29$0
Aug 199405916.13$0
Jul 199408717.56$0
Jun 199408617.09$0
May 199417315615.88$2,747
Apr 1994016214.14$0
Mar 199401512.46$0
Feb 199401512.50$0
Jan 19941748412.66$2,203
Dec 1993014712.33$0
Nov 1993017214.49$0
Oct 199317813715.85$2,821
Sep 1993015215.03$0
Aug 1993015915.66$0
Jul 199317519715.46$2,706
Jun 1993022516.79$0
May 199316618017.68$2,935
Apr 199309318.05$0
Mar 199309018.14$0
Feb 19931737517.90$3,097
Jan 1993013716.93$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.

Mar 2013 — as filed, then multipliedworked
Oil                  171 bbl  × $ 93.62 =    $16,009
Casinghead gas         0 Mcf  × $  3.91 =         $0

────────────────────────────────────────────────────
Month total                                  $16,009

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/O/278 is the state's own key, not one this site invented.