MCMORDIE

Operated by VALENCE OPERATING COMPANY (P-5 881167) in the MCMORDIE RANCH (9400) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 7105District 10Field 59836500OilCasinghead gasSaveExport
Value, all time
$411 k
Mar 1996 – Jun 2012
Value, last 12 filed months
$10 k
at the published price for each month
Months reported
196
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 12 leases and 14 wells, and the rule below applies to all of them.

Discovered
1982-04-25
as the register files it
Field class
Oil and gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

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
OilDisposition12,909 bbl$277,530
Casinghead gasProduction54,099 Mcf$133,305
Total$410,835

12,674 Mcf of this lease's gas, across 10 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 35.9138, -100.7027. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.91375, -100.70267 · 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
11,400 ft
1 wells filed one
Completion to plug
10.8 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 11,400 ft.

Completions filed
Oct 2003
1 of 1 wells
Plug dates filed
Jul 2014
1 of 1 wells

Last completion to plug: a median of 10.8 years across the 1 well that filed both dates, with the middle half between 10.8 years and 10.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-39330927127111,400 ftOct 2003Jul 2014Yes

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 (196)

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

196 months

Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 2012960105.052.22$10,085
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
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 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
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 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
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 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 200316326129.415.17$6,143
Jun 200317129228.565.98$6,631
May 2003031126.595.97$1,858
Apr 200317823626.675.41$6,023
Mar 2003032031.146.10$1,951
Feb 200317729833.487.93$8,288
Jan 200317437830.315.58$7,384
Dec 2002038626.914.85$1,874
Nov 200218037724.664.14$5,998
Oct 2002037326.464.23$1,577
Sep 200217335927.443.64$6,052
Aug 200217836925.963.16$5,788
Jul 2002037524.583.06$1,148
Jun 200217737823.733.34$5,462
May 2002031724.663.58$1,136
Apr 200217332123.653.51$5,219
Mar 200217537422.003.10$5,010
Feb 200220843418.222.38$4,821
Jan 200220451417.172.38$4,724
Dec 2001057516.932.36$1,360
Nov 2001038018.072.41$914
Oct 200117752719.782.53$4,834
Sep 200117221924.262.25$4,666
Aug 2001047924.873.05$1,462
Jul 200115849223.933.20$5,354
Jun 200117550924.563.82$6,245
May 2001052425.524.31$2,257
Apr 200117948524.685.34$7,005
Mar 2001038424.545.38$2,065
Feb 200117440527.755.77$7,164
Jan 200117945327.478.40$8,722
Dec 2000046026.889.12$4,196
Nov 200017746932.215.66$8,355
Oct 200017952531.235.15$8,292
Sep 2000057331.875.19$2,972
Aug 200017558129.644.54$7,825
Jul 200017456228.534.09$7,263
Jun 200017853029.304.40$7,546
May 2000053527.263.68$1,969
Apr 200017950524.513.12$5,961
Mar 200018052028.422.86$6,603
Feb 200017549827.622.73$6,191
Jan 2000050525.272.48$1,253
Dec 199917459324.282.42$5,662
Nov 199917357223.192.43$5,404
Oct 199917060020.982.80$5,249
Sep 199917759821.752.62$5,416
Aug 1999057219.262.88$1,645
Jul 199917860217.892.37$4,613
Jun 199917958015.942.36$4,223
May 199917548615.792.32$3,891
Apr 199918066615.102.21$4,189
Mar 19993581,04812.471.84$6,391
Feb 199902419.981.82$438
Jan 1999018010.381.90$342
Dec 19981834959.201.77$2,561
Nov 199817861010.892.19$3,272
Oct 199817962912.421.97$3,462
Sep 199818061112.592.08$3,539
Aug 199817547911.301.91$2,891
Jul 199817564811.742.24$3,504
Jun 199817566911.242.24$3,464
May 1998076812.622.21$1,694
Apr 199818072813.042.51$4,171
Mar 199817577812.802.31$4,037
Feb 199817972013.952.30$4,152
Jan 199835986114.702.15$7,133
Dec 1997086416.322.41$2,083
Nov 199735791518.193.09$9,320
Oct 19971761,04019.253.15$6,664
Sep 199717778217.742.95$5,451
Aug 19970617.862.55$15
Jul 199717523217.582.25$3,598
Jun 1997026017.242.26$587
May 199735273418.972.31$8,372
Apr 199717878117.882.08$4,809
Mar 199717876718.951.94$4,860
Feb 199718576020.492.21$5,467
Jan 19971801,18223.483.54$8,410
Dec 19961611,10623.32$3,755
Nov 19961801,08221.97$3,955
Oct 199617699123.31$4,103
Sep 199635589822.22$7,888
Aug 19961771,00520.26$3,586
Jul 199617785219.55$3,460
Jun 199617985618.73$3,353
May 19961781,03219.43$3,459
Apr 19963512,07221.51$7,550
Mar 1996572,78019.38$1,105

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 2012 — as filed, then multipliedworked
Oil                   96 bbl  × $105.05 =    $10,085
Casinghead gas         0 Mcf  × $  2.22 =         $0

────────────────────────────────────────────────────
Month total                                  $10,085

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/7105 is the state's own key, not one this site invented.