MCLEMORE A-686

Operated by THROCKMORTON OIL, INC. (P-5 858320) in the SLOAN, SOUTH (CADDO GAS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 150384District 7BField 84130400CondensateGasSaveExport
Value, all time
$101 k
Apr 1994 – Mar 1997
Value, last 12 filed months
$16 k
at the published price for each month
Months reported
36
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 1 leases and 1 wells, and the rule below applies to all of them.

Discovered
1959-10-23
as the register files it
Field class
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
CondensateDisposition5,840 bbl$101,306
GasProduction78,042 Mcf$0
Total$101,306

78,042 Mcf of this lease's gas, across 26 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 32.8928, -99.1259. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.89277, -99.12592 · 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
4,354 ft
1 wells filed one
Completion to plug
21.4 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 4,354 ft.

Completions filed
Apr 1994
1 of 1 wells
Plug dates filed
Sep 2015
1 of 1 wells

Last completion to plug: a median of 21.4 years across the 1 well that filed both dates, with the middle half between 21.4 years and 21.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-417377551D4,354 ftApr 1994Sep 2015Yes

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 (36)

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

36 months

Mar 19970018.951.94$0
Feb 19970020.492.21$0
Jan 19970023.483.54$0
Dec 19960023.32$0
Nov 19960021.97$0
Oct 1996218023.31$5,082
Sep 19960022.22$0
Aug 19960020.26$0
Jul 19960019.55$0
Jun 19960018.73$0
May 19963752,00019.43$7,286
Apr 19961912,05321.51$4,108
Mar 19963822,45019.38$7,403
Feb 19963832,51116.98$6,503
Jan 19963803,28717.07$6,487
Dec 19957222,88417.19$12,411
Nov 19951821,46516.00$2,912
Oct 19950915.43$0
Sep 1995017316.18$0
Aug 199515934315.92$2,531
Jul 1995044415.24$0
Jun 19951691,46216.41$2,773
May 19951772,16217.56$3,108
Apr 19951351,97317.73$2,394
Mar 19951542,45416.44$2,532
Feb 19951532,42716.58$2,537
Jan 19951632,50515.92$2,595
Dec 19943242,91415.03$4,870
Nov 19941833,75115.90$2,910
Oct 19941816,19415.58$2,820
Sep 19941805,03115.29$2,752
Aug 19941794,57516.13$2,887
Jul 19941772,63817.56$3,108
Jun 19945046,63817.09$8,613
May 19941697,70215.88$2,684
Apr 199407,99714.14$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.

Oct 1996 — as filed, then multipliedworked
Condensate           218 bbl  × $ 23.31 =     $5,082
Gas                    0 Mcf  ×  no price            —

────────────────────────────────────────────────────
Month total                                   $5,082

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/150384 is the state's own key, not one this site invented.