KIRSCHMAN

Operated by MCGEE, TOM CORPORATION (P-5 549380) in the DUKE-MAY (TONKAWA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 5394District 10Field 26410500NGPA filingOilCasinghead gasSaveExport
Value, all time
$566 k
Jan 1993 – Jun 2006
Value, last 12 filed months
$0
at the published price for each month
Months reported
162
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 17 leases and 28 wells, and the rule below applies to all of them.

Discovered
1982-10-21
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,320 ft
minimum
From a lease line
660 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 1983-06-06.

The Commission's schedule remark for this field reads: PER DOCKET 10-83,885 TEMPORARY RULES MADE PERMANENT EFF. 1/21/85

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
OilDisposition21,425 bbl$452,890
Casinghead gasProduction41,601 Mcf$113,471
Total$566,361

10,103 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 (2)

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 36.4357, -100.4181. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

36.43569, -100.41806 · 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%
2 of 2 wells
With a plug date
100.0%
2 of 2 wells
Median depth
6,450 ft
2 wells filed one
Completion to plug
15.8 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
2100.0%
A plug date is filed
2100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
2100.0%
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 6,450 and 6,450 ft, median 6,450 ft, over the 2 wells that filed a depth.

Completions filed
Jun 1983
2 of 2 wells
Plug dates filed
Nov 1993 – Sep 2004
2 of 2 wells

Last completion to plug: a median of 15.8 years across the 2 wells that filed both dates, with the middle half between 13.2 years and 18.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-2953131616,450 ftJun 1983Sep 2004Yes
42-2953132026,450 ftJun 1983Nov 1993Yes

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 (162)

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

162 months

Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 2004104034.475.86$3,585
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20041923532.036.30$6,370
Dec 200319426230.266.30$7,521
Nov 2003027828.804.60$1,277
Oct 200318930628.174.76$6,781
Sep 200318539326.314.75$6,734
Aug 200318736129.765.13$7,417
Jul 200318537929.415.17$7,401
Jun 200336638028.565.98$12,726
May 200318538926.595.97$7,243
Apr 200318037526.675.41$6,828
Mar 200319938231.146.10$8,526
Feb 200321534733.487.93$9,948
Jan 200321438330.315.58$8,624
Dec 200218838026.914.85$6,904
Nov 200218734224.664.14$6,026
Oct 200238639226.464.23$11,871
Sep 2002038127.443.64$1,385
Aug 200219238925.963.16$6,215
Jul 200238442024.583.06$10,725
Jun 200219040723.733.34$5,867
May 200219139624.663.58$6,129
Apr 200219436223.653.51$5,860
Mar 200219527922.003.10$5,156
Feb 200219726118.222.38$4,209
Jan 200219512217.172.38$3,638
Dec 200120222616.932.36$3,954
Nov 200120029218.072.41$4,316
Oct 200118334819.782.53$4,500
Sep 200117336824.262.25$5,025
Aug 200119136924.873.05$5,877
Jul 200119046723.933.20$6,040
Jun 200118946224.563.82$6,409
May 200138541325.524.31$11,604
Apr 2001042924.685.34$2,289
Mar 200139129724.545.38$11,192
Feb 200118636727.755.77$7,278
Jan 200118756427.478.40$9,874
Dec 200019445426.889.12$9,356
Nov 200018345132.215.66$8,446
Oct 200018347631.235.15$8,164
Sep 200018046731.875.19$8,159
Aug 200019347729.644.54$7,886
Jul 200019248228.534.09$7,449
Jun 200018846229.304.40$7,540
May 200018646627.263.68$6,785
Apr 200017746124.513.12$5,775
Mar 200020643328.422.86$7,093
Feb 200019642627.622.73$6,575
Jan 200038244825.272.48$10,764
Dec 1999044624.282.42$1,081
Nov 199919143523.192.43$5,488
Oct 199919446120.982.80$5,363
Sep 199936346321.752.62$9,108
Aug 1999025319.262.88$728
Jul 1999038117.892.37$904
Jun 199919042215.942.36$4,025
May 199918142115.792.32$3,835
Apr 199938439915.102.21$6,679
Mar 199919440612.471.84$3,166
Feb 19994023709.981.82$4,685
Jan 1999038310.381.90$728
Dec 19983883999.201.77$4,277
Nov 1998034110.892.19$745
Oct 199818736312.421.97$3,037
Sep 199819135812.592.08$3,150
Aug 199819036611.301.91$2,845
Jul 199818837111.742.24$3,037
Jun 199818534511.242.24$2,851
May 199819635612.622.21$3,259
Apr 1998034913.042.51$874
Mar 1998037212.802.31$859
Feb 199817234813.952.30$3,200
Jan 199818440714.702.15$3,582
Dec 199718441916.322.41$4,013
Nov 199719741418.193.09$4,862
Oct 199720044119.253.15$5,239
Sep 1997042517.742.95$1,256
Aug 199716739517.862.55$3,992
Jul 199719944517.582.25$4,498
Jun 199719743117.242.26$4,369
May 199719843018.972.31$4,749
Apr 1997021917.882.08$456
Mar 19971955218.951.94$3,796
Feb 19971985320.492.21$4,174
Jan 19971865323.483.54$4,555
Dec 19961952823.32$4,547
Nov 1996016021.97$0
Oct 199618928623.31$4,406
Sep 199619527122.22$4,333
Aug 19968926420.26$1,803
Jul 199619221419.55$3,754
Jun 199616914318.73$3,165
May 199614817219.43$2,876
Apr 199619123421.51$4,108
Mar 1996024319.38$0
Feb 199619519716.98$3,311
Jan 199620415817.07$3,482
Dec 199519421317.19$3,335
Nov 1995017116.00$0
Oct 1995012715.43$0
Sep 199517016116.18$2,751
Aug 199519613515.92$3,120
Jul 1995020615.24$0
Jun 199518019216.41$2,954
May 199520014417.56$3,512
Apr 199519316217.73$3,422
Mar 1995013716.44$0
Feb 19951979916.58$3,266
Jan 19952009415.92$3,184
Dec 1994017115.03$0
Nov 199419414715.90$3,085
Oct 1994014615.58$0
Sep 199418914615.29$2,890
Aug 199418817016.13$3,032
Jul 1994017117.56$0
Jun 199417717417.09$3,025
May 1994025515.88$0
Apr 199417627114.14$2,489
Mar 1994023712.46$0
Feb 199417421612.50$2,175
Jan 199418525612.66$2,342
Dec 1993027712.33$0
Nov 1993027714.49$0
Oct 199318128615.85$2,869
Sep 1993030815.03$0
Aug 199318528515.66$2,897
Jul 1993029115.46$0
Jun 199318429716.79$3,089
May 1993033717.68$0
Apr 199318833218.05$3,393
Mar 1993028218.14$0
Feb 1993024317.90$0
Jan 199317531716.93$2,963

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 2004 — as filed, then multipliedworked
Oil                  104 bbl  × $ 34.47 =     $3,585
Casinghead gas         0 Mcf  × $  5.86 =         $0

────────────────────────────────────────────────────
Month total                                   $3,585

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/5394 is the state's own key, not one this site invented.