MCGREEVY

Operated by FAULCONER, VERNON E., INC. (P-5 263701) in the HORIZON (CLEVELAND) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 6710District 10Field 42597332OilCasinghead gasSaveExport
Value, all time
$1.2 M
Jan 1993 – Oct 2011
Value, last 12 filed months
$64 k
at the published price for each month
Months reported
226
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 172 leases and 292 wells, and the rule below applies to all of them.

Discovered
1957-09-19
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 1958-06-01.

The Commission's schedule remark for this field reads: PETRO (CLEVELAND) FLD 68735120 EFC 5/1/11

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
OilDisposition22,236 bbl$752,894
Casinghead gasProduction118,510 Mcf$414,181
Total$1,167,076

32,382 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 36.1046, -101.1006. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.5 miles.

36.10461, -101.10060 · 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
50.0%
1 of 2 wells
Median depth
8,650 ft
2 wells filed one
Completion to plug
8.4 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
2100.0%
A plug date is filed
150.0%
BothOn the schedule and plugged. Neither fact cancels the other.
150.0%
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 8,450 and 8,850 ft, median 8,650 ft, over the 2 wells that filed a depth.

Completions filed
Nov 1996
1 of 2 wells; 1 filed none
Plug dates filed
Apr 2005
1 of 2 wells; 1 filed none

Last completion to plug: a median of 8.4 years across the 1 well that filed both dates, with the middle half between 8.4 years and 8.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-1953108128,850 ftYes
42-1958050518,450 ftNov 1996Apr 2005Yes

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 (226)

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

226 months

Oct 20110084.983.65$0
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 2011212421105.964.33$24,288
Mar 2011043596.364.06$1,765
Feb 201118237985.644.18$17,171
Jan 2011042886.504.59$1,964
Dec 201017945185.734.35$17,307
Nov 2010042880.843.80$1,624
Oct 2010045578.103.51$1,597
Sep 201017744072.633.98$14,606
Aug 2010049073.684.42$2,165
Jul 2010049472.554.74$2,340
Jun 201018145870.364.91$14,984
May 2010048571.124.24$2,054
Apr 201018345081.694.12$16,804
Mar 2010048678.394.39$2,133
Feb 2010039173.585.44$2,128
Jan 201017846774.365.96$16,021
Dec 2009048471.445.48$2,654
Nov 2009048774.593.75$1,827
Oct 200918450272.544.11$15,411
Sep 2009046665.543.06$1,428
Aug 2009048567.423.22$1,561
Jul 200918250761.133.46$12,882
Jun 2009045966.163.90$1,788
May 200918349654.743.93$11,965
Apr 2009046146.773.59$1,654
Mar 2009048942.144.06$1,985
Feb 200917747432.814.63$8,003
Jan 2009045435.865.37$2,438
Dec 2008049637.105.98$2,965
Nov 200819147955.496.86$13,885
Oct 2008050575.246.92$3,496
Sep 20080500101.767.88$3,939
Aug 2008163527114.228.48$23,088
Jul 20080520131.0811.39$5,923
Jun 2008159484131.3313.03$27,189
May 20080512123.1711.57$5,926
Apr 2008178508110.3110.45$24,946
Mar 20080514101.909.66$4,967
Feb 200818143892.538.77$20,589
Jan 2008045190.388.21$3,701
Dec 2007046088.337.30$3,359
Nov 200715647291.677.29$17,742
Oct 2007054682.856.92$3,779
Sep 200717755275.846.24$16,870
Aug 200717857769.066.39$15,979
Jul 2007059170.906.39$3,775
Jun 2007047262.007.55$3,563
May 200718157658.747.85$15,151
Apr 2007039359.617.81$3,067
Mar 2007045356.927.30$3,308
Feb 2007035955.108.22$2,950
Jan 200717437950.306.73$11,302
Dec 2006038556.656.92$2,664
Nov 200618445754.207.62$13,454
Oct 200618750254.906.01$13,285
Sep 2006050260.085.04$2,529
Aug 2006050268.717.34$3,685
Jul 200617550869.376.34$15,362
Jun 2006048666.286.38$3,103
May 200617850166.016.42$14,969
Apr 200617047864.397.36$14,465
Mar 200618047156.707.08$13,542
Feb 2006041657.597.75$3,224
Jan 200618241260.598.93$14,708
Dec 20053239254.9413.42$7,017
Nov 200518437854.6910.59$14,065
Oct 2005058458.3413.80$8,057
Sep 2005027661.4512.08$3,334
Aug 2005030161.519.80$2,949
Jul 200518440755.697.84$13,439
Jun 200518452052.337.38$13,467
May 200517754245.226.65$11,609
Apr 200518051349.207.36$12,632
Mar 200518355350.377.15$13,174
Feb 200536451145.226.31$19,685
Jan 2005054643.166.32$3,452
Dec 2004086439.866.75$5,833
Nov 2004082545.286.33$5,223
Oct 2004019649.706.52$1,277
Sep 2004019343.245.28$1,020
Aug 2004023242.375.55$1,288
Jul 2004030038.286.08$1,825
Jun 200418943936.106.43$9,647
May 200436687737.486.49$19,413
Apr 200401,25034.475.86$7,323
Mar 2004033134.365.53$1,830
Feb 2004016732.455.51$920
Jan 2004020132.036.30$1,266
Dec 2003021130.266.30$1,330
Nov 2003021128.804.60$970
Oct 2003021028.174.76$1,000
Sep 2003021026.314.75$997
Aug 200319020829.765.13$6,721
Jul 2003012729.415.17$657
Jun 2003024528.565.98$1,466
May 2003032526.595.97$1,941
Apr 2003033526.675.41$1,811
Mar 2003036931.146.10$2,249
Feb 2003050133.487.93$3,971
Jan 200318436630.315.58$7,620
Dec 2002036926.914.85$1,791
Nov 2002036124.664.14$1,493
Oct 2002038826.464.23$1,641
Sep 200217645627.443.64$6,487
Aug 200217835625.963.16$5,747
Jul 2002045424.583.06$1,390
Jun 20021801,40823.733.34$8,972
May 2002073224.663.58$2,623
Apr 200218358023.653.51$6,365
Mar 2002057222.003.10$1,775
Feb 200218450518.222.38$4,552
Jan 2002055217.172.38$1,311
Dec 200118650416.932.36$4,341
Nov 2001042118.072.41$1,013
Oct 200118640619.782.53$4,706
Sep 200118341924.262.25$5,383
Aug 20010124.873.05$3
Jul 20010023.933.20$0
Jun 2001017924.563.82$685
May 2001025025.524.31$1,077
Apr 2001187024.685.34$4,615
Mar 200118351324.545.38$7,249
Feb 2001037827.755.77$2,180
Jan 200118845027.478.40$8,944
Dec 2000046726.889.12$4,260
Nov 2000043732.215.66$2,473
Oct 200018738031.235.15$7,795
Sep 2000048831.875.19$2,531
Aug 200018456929.644.54$8,037
Jul 200018559728.534.09$7,720
Jun 200018851729.304.40$7,782
May 200018568027.263.68$7,545
Apr 200018568824.513.12$6,678
Mar 200019055828.422.86$6,996
Feb 200018727027.622.73$5,901
Jan 20004025.272.48$101
Dec 1999023324.282.42$565
Nov 1999055323.192.43$1,346
Oct 1999034120.982.80$956
Sep 1999027021.752.62$707
Aug 199918636319.262.88$4,626
Jul 1999051517.892.37$1,222
Jun 199918325415.942.36$3,517
May 1999027315.792.32$634
Apr 1999034015.102.21$751
Mar 1999054912.471.84$1,009
Feb 19991907789.981.82$3,310
Jan 199903910.381.90$74
Dec 199809799.201.77$1,736
Nov 199801,50310.892.19$3,285
Oct 199801,40812.421.97$2,773
Sep 199801,77812.592.08$3,703
Aug 19982781,43411.301.91$5,877
Jul 199801,63411.742.24$3,656
Jun 199801,01511.242.24$2,271
May 199818981212.622.21$4,177
Apr 199838276913.042.51$6,908
Mar 1998085512.802.31$1,975
Feb 199815660813.952.30$3,574
Jan 199818961114.702.15$4,095
Dec 1997076616.322.41$1,847
Nov 1997083518.193.09$2,579
Oct 199717534219.253.15$4,446
Sep 199718348817.742.95$4,688
Aug 1997059717.862.55$1,525
Jul 199736464317.582.25$7,844
Jun 1997064217.242.26$1,449
May 199719064818.972.31$5,100
Apr 1997056217.882.08$1,171
Mar 199717461018.951.94$4,480
Feb 199737453220.492.21$8,837
Jan 1997062223.483.54$2,202
Dec 199635175923.32$8,185
Nov 199617989121.97$3,933
Oct 1996050823.31$0
Sep 199618551422.22$4,111
Aug 199618055620.26$3,647
Jul 1996053519.55$0
Jun 199617945118.73$3,353
May 199617946119.43$3,478
Apr 1996047821.51$0
Mar 199617850319.38$3,450
Feb 199618150416.98$3,073
Jan 1996051117.07$0
Dec 199518353117.19$3,146
Nov 199518556216.00$2,960
Oct 1995061215.43$0
Sep 199518272916.18$2,945
Aug 19958777115.92$1,385
Jul 199517875015.24$2,713
Jun 199518373016.41$3,003
May 1995074217.56$0
Apr 199518378917.73$3,245
Mar 199518278116.44$2,992
Feb 199518070916.58$2,984
Jan 199518577115.92$2,945
Dec 199418179915.03$2,720
Nov 199417977115.90$2,846
Oct 199414383315.58$2,228
Sep 199418373415.29$2,798
Aug 199418063216.13$2,903
Jul 199417762217.56$3,108
Jun 199417763217.09$3,025
May 199418073415.88$2,858
Apr 199417973714.14$2,531
Mar 199418289812.46$2,268
Feb 199418669912.50$2,325
Jan 199418559612.66$2,342
Dec 199318074712.33$2,219
Nov 199318270414.49$2,637
Oct 199318276515.85$2,885
Sep 199318273515.03$2,735
Aug 199318053015.66$2,819
Jul 199318176415.46$2,798
Jun 199324381416.79$4,080
May 199318168217.68$3,200
Apr 199336668118.05$6,606
Mar 199318570518.14$3,356
Feb 199337466817.90$6,695
Jan 199317775216.93$2,997

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                  212 bbl  × $105.96 =    $22,464
Casinghead gas       421 Mcf  × $  4.33 =     $1,824

────────────────────────────────────────────────────
Month total                                  $24,288

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/6710 is the state's own key, not one this site invented.