MCKINLEY,J.C. & R.S. -B- R/A -E-

Operated by AMOCO PRODUCTION COMPANY (P-5 20425) in the EAST TEXAS field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 7578District 6EField 27302001OilCasinghead gasSaveExport
Value, all time
$2.0 M
Jan 1993 – Dec 2001
Value, last 12 filed months
$0
at the published price for each month
Months reported
108
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 2,264 leases and 17,267 wells, and the rule below applies to all of them.

Discovered
1930-12-31
as the register files it
Field class
Oil
the register's own label
Between wells
330 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 5 acres. The field rule took effect on 2015-01-27.

The Commission's schedule remark for this field reads: THIS ORDER TO BE CANCELLED

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
OilDisposition119,939 bbl$1,980,669
Casinghead gasProduction72,053 Mcf$32,555
Total$2,013,224

58,475 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.

Every month this lease reported (108)

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

108 months

Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 2000146031.875.19$4,653
Aug 2000565029.644.54$16,747
Jul 20000028.534.09$0
Jun 20000029.304.40$0
May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 20000028.422.86$0
Feb 20000027.622.73$0
Jan 20000025.272.48$0
Dec 19990024.282.42$0
Nov 19990023.192.43$0
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 199919015.102.21$287
Mar 199921612812.471.84$2,929
Feb 19992462009.981.82$2,819
Jan 199922021210.381.90$2,686
Dec 199865139.201.77$621
Nov 199838025610.892.19$4,698
Oct 199839336712.421.97$5,604
Sep 199834639712.592.08$5,183
Aug 199838442111.301.91$5,142
Jul 199840244711.742.24$5,720
Jun 199851152411.242.24$6,916
May 199852752412.622.21$7,807
Apr 199854654213.042.51$8,478
Mar 199869968612.802.31$10,531
Feb 199860558413.952.30$9,782
Jan 199871658214.702.15$11,779
Dec 199773264016.322.41$13,489
Nov 199772157218.193.09$14,881
Oct 199774565419.253.15$16,401
Sep 199770269317.742.95$14,501
Aug 199777858417.862.55$15,387
Jul 199768357617.582.25$13,301
Jun 199775157217.242.26$14,238
May 199777861418.972.31$16,176
Apr 199783270317.882.08$16,340
Mar 199785168618.951.94$17,457
Feb 199777768620.492.21$17,434
Jan 199788371523.483.54$23,264
Dec 199698678023.32$22,994
Nov 199698274321.97$21,575
Oct 19961,04487523.31$24,336
Sep 19968581,06022.22$19,065
Aug 19961,0571,07320.26$21,415
Jul 19961,15592319.55$22,580
Jun 19961,21292018.73$22,701
May 19961,2231,00219.43$23,763
Apr 19961,22594521.51$26,350
Mar 19961,27893419.38$24,768
Feb 19961,16774916.98$19,816
Jan 19961,39387417.07$23,779
Dec 19951,42392517.19$24,461
Nov 19951,34195216.00$21,456
Oct 19951,5421,02115.43$23,793
Sep 19951,27497716.18$20,613
Aug 19951,5251,15015.92$24,278
Jul 19951,5441,20215.24$23,531
Jun 19951,6351,17216.41$26,830
May 19951,6121,18117.56$28,307
Apr 19951,6121,19717.73$28,581
Mar 19951,7821,23416.44$29,296
Feb 19951,6821,12316.58$27,888
Jan 19951,9241,22415.92$30,630
Dec 19942,0391,16315.03$30,646
Nov 19942,0071,23315.90$31,911
Oct 19941,6851,06415.58$26,252
Sep 19941,9071,20115.29$29,158
Aug 19942,0851,25116.13$33,631
Jul 19942,1101,32517.56$37,052
Jun 19942,2381,31817.09$38,247
May 19942,3301,33415.88$37,000
Apr 19942,4631,33614.14$34,827
Mar 19942,7231,39912.46$33,929
Feb 19942,5681,25012.50$32,100
Jan 19942,7731,33512.66$35,106
Dec 19932,6971,28712.33$33,254
Nov 19932,9241,42814.49$42,369
Oct 19933,12433515.85$49,515
Sep 19933,29328815.03$49,494
Aug 19934,7881,68415.66$74,980
Jul 19933,4272,07215.46$52,981
Jun 19933,4161,90516.79$57,355
May 19933,4832,55817.68$61,579
Apr 19933,4182,06418.05$61,695
Mar 19934,3141,73018.14$78,256
Feb 19934,2751,67717.90$76,523
Jan 19935,1572,00216.93$87,308

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.

Sep 2000 — as filed, then multipliedworked
Oil                  146 bbl  × $ 31.87 =     $4,653
Casinghead gas         0 Mcf  × $  5.19 =         $0

────────────────────────────────────────────────────
Month total                                   $4,653

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. 6E/O/7578 is the state's own key, not one this site invented.