MCLAUGHLIN, J. M.

Operated by PACE PRODUCTION CO. (P-5 631757) in the ADAIR CREEK (COOK SAND) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 148277District 7BField 00576500CondensateGasSaveExport
Value, all time
$22 k
Dec 1993 – Apr 2000
Value, last 12 filed months
$5 k
at the published price for each month
Months reported
77
no gaps in the span
Streams
2
condensate, 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 4 leases and 20 wells, and the rule below applies to all of them.

Discovered
1980-12-29
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
CondensateDisposition118 bbl$2,602
GasProduction19,146 Mcf$19,519
Total$22,121

10,766 Mcf of this lease's gas, across 37 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 32.1193, -100.5936. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.11935, -100.59362 · 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
5,900 ft
1 wells filed one
Completion to plug
6.1 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 5,900 ft.

Completions filed
Oct 1993
1 of 1 wells
Plug dates filed
Nov 1999
1 of 1 wells

Last completion to plug: a median of 6.1 years across the 1 well that filed both dates, with the middle half between 6.1 years and 6.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-3533144910115,900 ftOct 1993Nov 1999Yes

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 (77)

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

77 months

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 199981023.192.43$1,878
Oct 19990020.982.80$0
Sep 1999028021.752.62$733
Aug 1999025619.262.88$736
Jul 1999026517.892.37$629
Jun 1999025315.942.36$598
May 1999025515.792.32$592
Apr 1999024215.102.21$534
Mar 1999023912.471.84$439
Feb 199902289.981.82$414
Jan 1999028410.381.90$540
Dec 199802819.201.77$498
Nov 1998027110.892.19$592
Oct 1998029112.421.97$573
Sep 1998028112.592.08$585
Aug 1998027311.301.91$521
Jul 1998023011.742.24$515
Jun 1998024311.242.24$544
May 1998025412.622.21$560
Apr 1998024913.042.51$624
Mar 1998024112.802.31$557
Feb 1998022813.952.30$524
Jan 1998026514.702.15$571
Dec 1997025716.322.41$620
Nov 1997025218.193.09$778
Oct 1997026219.253.15$825
Sep 1997024117.742.95$712
Aug 1997020217.862.55$516
Jul 1997023617.582.25$530
Jun 1997024517.242.26$553
May 1997025518.972.31$589
Apr 1997024817.882.08$517
Mar 1997026418.951.94$512
Feb 1997023520.492.21$518
Jan 1997027423.483.54$970
Dec 1996027323.32$0
Nov 1996026821.97$0
Oct 1996027423.31$0
Sep 1996025422.22$0
Aug 1996025720.26$0
Jul 19963726019.55$723
Jun 1996026018.73$0
May 1996024119.43$0
Apr 1996025921.51$0
Mar 1996029419.38$0
Feb 1996026816.98$0
Jan 1996028817.07$0
Dec 1995029117.19$0
Nov 1995026516.00$0
Oct 1995030915.43$0
Sep 1995028416.18$0
Aug 1995027115.92$0
Jul 1995030615.24$0
Jun 1995023116.41$0
May 1995031517.56$0
Apr 1995030917.73$0
Mar 1995030916.44$0
Feb 1995027316.58$0
Jan 1995029115.92$0
Dec 1994029915.03$0
Nov 1994030115.90$0
Oct 1994032115.58$0
Sep 1994031815.29$0
Aug 1994032516.13$0
Jul 1994029917.56$0
Jun 1994032317.09$0
May 1994032215.88$0
Apr 1994031814.14$0
Mar 1994033112.46$0
Feb 1994029512.50$0
Jan 1994032912.66$0
Dec 1993033512.33$0

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.

Nov 1999 — as filed, then multipliedworked
Condensate            81 bbl  × $ 23.19 =     $1,878
Gas                    0 Mcf  × $  2.43 =         $0

────────────────────────────────────────────────────
Month total                                   $1,878

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. 7B/G/148277 is the state's own key, not one this site invented.