MCCARTOR

Operated by NEAS OPERATING, LLC (P-5 601747) in the BULER, NORTH (CLEVELAND) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 4840District 10Field 13207110NGPA filingOilCasinghead gasSaveExport
Value, all time
$1.3 M
Jan 1993 – Sep 2011
Value, last 12 filed months
$132 k
at the published price for each month
Months reported
225
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 19 leases and 37 wells, and the rule below applies to all of them.

Discovered
1973-04-30
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 2008-11-01.

The Commission's schedule remark for this field reads: (CLEVELAND) FIELD.

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
OilDisposition35,545 bbl$1,260,016
Casinghead gasProduction114 Mcf$205
Total$1,260,220

48 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 36.1645, -100.8058. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

36.16454, -100.80580 · 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
0.0%
0 of 1 wells
Median depth
7,300 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
1100.0%
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.
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 7,300 ft.

Completions filed
May 1981
1 of 1 wells

1 well

42-3573108317,300 ftMay 1981Yes

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 (225)

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

225 months

Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 20113840105.964.33$40,689
Mar 2011134096.364.06$12,912
Feb 2011134085.644.18$11,476
Jan 2011271086.504.59$23,442
Dec 2010135085.734.35$11,574
Nov 2010269080.843.80$21,746
Oct 2010133078.103.51$10,387
Sep 2010131072.633.98$9,515
Aug 2010263073.684.42$19,378
Jul 20100072.554.74$0
Jun 2010133070.364.91$9,358
May 2010127071.124.24$9,032
Apr 20100081.694.12$0
Mar 2010256078.394.39$20,068
Feb 20100073.585.44$0
Jan 2010256074.365.96$19,036
Dec 2009128071.445.48$9,144
Nov 2009128074.593.75$9,548
Oct 2009127072.544.11$9,213
Sep 2009113065.543.06$7,406
Aug 2009226067.423.22$15,237
Jul 20090061.133.46$0
Jun 2009339066.163.90$22,428
May 20090054.743.93$0
Apr 2009239046.773.59$11,178
Mar 2009240042.144.06$10,114
Feb 20090032.814.63$0
Jan 2009241035.865.37$8,642
Dec 2008241037.105.98$8,941
Nov 20080055.496.86$0
Oct 2008119075.246.92$8,954
Sep 20081190101.767.88$12,109
Aug 20081190114.228.48$13,592
Jul 20082370131.0811.39$31,066
Jun 20082380131.3313.03$31,257
May 20081200123.1711.57$14,780
Apr 20082370110.3110.45$26,143
Mar 20081190101.909.66$12,126
Feb 2008119092.538.77$11,011
Jan 2008120090.388.21$10,846
Dec 2007119088.337.30$10,511
Nov 20070091.677.29$0
Oct 2007239082.856.92$19,801
Sep 2007236075.846.24$17,898
Aug 2007117069.066.39$8,080
Jul 2007233070.906.39$16,520
Jun 20070062.007.55$0
May 2007112058.747.85$6,579
Apr 2007114059.617.81$6,796
Mar 2007114056.927.30$6,489
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 2006256056.656.92$14,502
Nov 2006260054.207.62$14,092
Oct 20060054.906.01$0
Sep 2006124060.085.04$7,450
Aug 2006120068.717.34$8,245
Jul 2006128069.376.34$8,879
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 2006129064.397.36$8,306
Mar 2006128056.707.08$7,258
Feb 2006126057.597.75$7,256
Jan 2006256060.598.93$15,511
Dec 2005129054.9413.42$7,087
Nov 20050054.6910.59$0
Oct 2005128058.3413.80$7,468
Sep 2005256061.4512.08$15,731
Aug 2005128061.519.80$7,873
Jul 2005130055.697.84$7,240
Jun 2005131052.337.38$6,855
May 2005130045.226.65$5,879
Apr 2005128049.207.36$6,298
Mar 2005132050.377.15$6,649
Feb 2005132045.226.31$5,969
Jan 2005132043.166.32$5,697
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 2004130049.706.52$6,461
Sep 200494043.245.28$4,065
Aug 2004192042.375.55$8,135
Jul 2004229038.286.08$8,766
Jun 20040036.106.43$0
May 2004190037.486.49$7,121
Apr 20040034.475.86$0
Mar 2004194034.365.53$6,666
Feb 2004192032.455.51$6,230
Jan 2004190032.036.30$6,086
Dec 2003302030.266.30$9,139
Nov 20030028.804.60$0
Oct 2003212028.174.76$5,972
Sep 20030026.314.75$0
Aug 2003170029.765.13$5,059
Jul 2003249029.415.17$7,323
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 2002120025.963.16$3,115
Jul 20020024.583.06$0
Jun 20020123.733.34$3
May 20020124.663.58$4
Apr 20020123.653.51$4
Mar 20020122.003.10$3
Feb 2002192118.222.38$3,501
Jan 2002191117.172.38$3,282
Dec 20010116.932.36$2
Nov 2001176118.072.41$3,183
Oct 2001382119.782.53$7,558
Sep 20010124.262.25$2
Aug 2001186124.873.05$4,629
Jul 2001187123.933.20$4,478
Jun 20010124.563.82$4
May 20010125.524.31$4
Apr 2001188124.685.34$4,645
Mar 2001203124.545.38$4,987
Feb 20010127.755.77$6
Jan 2001192127.478.40$5,283
Dec 2000203126.889.12$5,466
Nov 2000196132.215.66$6,319
Oct 2000176131.235.15$5,502
Sep 2000194131.875.19$6,188
Aug 2000190129.644.54$5,636
Jul 2000189128.534.09$5,396
Jun 2000191129.304.40$5,601
May 2000180127.263.68$4,910
Apr 20000124.513.12$3
Mar 2000191128.422.86$5,431
Feb 2000197127.622.73$5,444
Jan 2000189125.272.48$4,779
Dec 1999191124.282.42$4,640
Nov 19998123.192.43$188
Oct 1999198120.982.80$4,157
Sep 1999190121.752.62$4,135
Aug 1999189119.262.88$3,643
Jul 1999188117.892.37$3,366
Jun 19990115.942.36$2
May 1999181115.792.32$2,860
Apr 1999384115.102.21$5,801
Mar 19990112.471.84$2
Feb 199936219.981.82$3,615
Jan 19990110.381.90$2
Dec 199818319.201.77$1,685
Nov 1998188110.892.19$2,050
Oct 1998190112.421.97$2,362
Sep 1998166112.592.08$2,092
Aug 1998178111.301.91$2,013
Jul 1998182111.742.24$2,139
Jun 1998180111.242.24$2,025
May 1998170112.622.21$2,148
Apr 1998179113.042.51$2,337
Mar 1998185112.802.31$2,370
Feb 1998182113.952.30$2,541
Jan 1998181114.702.15$2,663
Dec 1997183116.322.41$2,989
Nov 1997190118.193.09$3,459
Oct 1997197119.253.15$3,795
Sep 1997189117.742.95$3,356
Aug 1997217117.862.55$3,878
Jul 1997191117.582.25$3,360
Jun 199780117.242.26$1,381
May 199773118.972.31$1,387
Apr 1997109117.882.08$1,951
Mar 1997218118.951.94$4,133
Feb 1997220120.492.21$4,510
Jan 199779123.483.54$1,858
Dec 1996238123.32$5,550
Nov 1996240121.97$5,273
Oct 1996238123.31$5,548
Sep 1996215122.22$4,777
Aug 1996218120.26$4,417
Jul 1996215119.55$4,203
Jun 1996189118.73$3,540
May 1996112119.43$2,176
Apr 1996191121.51$4,108
Mar 1996159119.38$3,081
Feb 1996195116.98$3,311
Jan 1996237117.07$4,046
Dec 1995224117.19$3,851
Nov 1995322116.00$5,152
Oct 1995231115.43$3,564
Sep 1995235116.18$3,802
Aug 1995219115.92$3,486
Jul 1995234115.24$3,566
Jun 1995199116.41$3,266
May 1995243117.56$4,267
Apr 1995373117.73$6,613
Mar 1995357116.44$5,869
Feb 1995230116.58$3,813
Jan 1995251115.92$3,996
Dec 1994323115.03$4,855
Nov 1994221115.90$3,514
Oct 1994175115.58$2,727
Sep 1994207115.29$3,165
Aug 1994211116.13$3,403
Jul 1994216117.56$3,793
Jun 1994214117.09$3,657
May 1994348115.88$5,526
Apr 1994327114.14$4,624
Mar 1994326112.46$4,062
Feb 1994323112.50$4,038
Jan 1994194112.66$2,456
Dec 1993366112.33$4,513
Nov 1993436114.49$6,318
Oct 1993306115.85$4,850
Sep 1993235115.03$3,532
Aug 1993291115.66$4,557
Jul 1993292115.46$4,514
Jun 1993289116.79$4,852
May 1993363117.68$6,418
Apr 1993378118.05$6,823
Mar 1993288118.14$5,224
Feb 1993300117.90$5,370
Jan 1993331116.93$5,604

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 2011 — as filed, then multipliedworked
Oil                  384 bbl  × $105.96 =    $40,689
Casinghead gas         0 Mcf  × $  4.33 =         $0

────────────────────────────────────────────────────
Month total                                  $40,689

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/4840 is the state's own key, not one this site invented.