MCQUEARY

Operated by PALO PINTO OIL & GAS CORPORATION (P-5 637407) in the STRAWN, NW. (MARBLE FALLS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 165266District 7BField 86577200CondensateGasSaveExport
Value, all time
$304 k
Sep 1997 – Nov 2010
Value, last 12 filed months
$2 k
at the published price for each month
Months reported
159
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 155 leases and 252 wells, and the rule below applies to all of them.

Discovered
1958-08-18
as the register files it
Field class
Oil and gas
the register's own label
Between wells
933 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 1987-12-21.

The Commission's schedule remark for this field reads: ALLOWABLES FOR WELLS IN THIS FIELD (DAMEKI NYERI).

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
CondensateDisposition495 bbl$13,900
GasProduction85,699 Mcf$289,881
Total$303,781

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 32.5327, -98.3342. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.53271, -98.33416 · 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
3,392 ft
1 wells filed one
Completion to plug
13.1 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 3,392 ft.

Completions filed
Sep 1997
1 of 1 wells
Plug dates filed
Oct 2010
1 of 1 wells

Last completion to plug: a median of 13.1 years across the 1 well that filed both dates, with the middle half between 13.1 years and 13.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-3633460813,392 ftSep 1997Oct 2010Yes

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 (159)

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

159 months

Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 201031072.633.98$2,252
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 2006029754.207.62$2,262
Oct 2006035554.906.01$2,135
Sep 2006036760.085.04$1,849
Aug 2006043068.717.34$3,156
Jul 2006040869.376.34$2,588
Jun 2006022266.286.38$1,417
May 2006016266.016.42$1,041
Apr 2006021464.397.36$1,575
Mar 2006012456.707.08$878
Feb 2006017857.597.75$1,380
Jan 2006030160.598.93$2,689
Dec 2005025054.9413.42$3,354
Nov 2005032954.6910.59$3,484
Oct 2005038558.3413.80$5,311
Sep 2005013761.4512.08$1,655
Aug 2005020661.519.80$2,018
Jul 2005025555.697.84$2,000
Jun 2005027052.337.38$1,993
May 2005029245.226.65$1,942
Apr 2005027649.207.36$2,031
Mar 2005028250.377.15$2,018
Feb 2005025545.226.31$1,610
Jan 2005028643.166.32$1,808
Dec 2004029839.866.75$2,012
Nov 2004027245.286.33$1,722
Oct 2004030749.706.52$2,000
Sep 2004024543.245.28$1,295
Aug 2004034842.375.55$1,932
Jul 2004031838.286.08$1,935
Jun 2004028636.106.43$1,840
May 2004040737.486.49$2,643
Apr 200415617934.475.86$6,426
Mar 2004042934.365.53$2,372
Feb 2004012432.455.51$683
Jan 2004013832.036.30$869
Dec 2003030630.266.30$1,928
Nov 2003030328.804.60$1,392
Oct 2003030728.174.76$1,461
Sep 2003031026.314.75$1,472
Aug 2003033529.765.13$1,718
Jul 2003031529.415.17$1,629
Jun 2003032728.565.98$1,956
May 2003035126.595.97$2,096
Apr 2003036926.675.41$1,995
Mar 2003036631.146.10$2,231
Feb 2003024033.487.93$1,902
Jan 2003030330.315.58$1,691
Dec 2002026926.914.85$1,306
Nov 2002032624.664.14$1,349
Oct 2002034626.464.23$1,463
Sep 2002032827.443.64$1,192
Aug 2002034025.963.16$1,076
Jul 2002034324.583.06$1,050
Jun 2002035023.733.34$1,168
May 2002037324.663.58$1,337
Apr 2002026823.653.51$941
Mar 2002034522.003.10$1,070
Feb 2002029718.222.38$706
Jan 2002031917.172.38$758
Dec 2001037116.932.36$877
Nov 2001039318.072.41$945
Oct 2001042919.782.53$1,085
Sep 2001029424.262.25$662
Aug 2001024624.873.05$751
Jul 2001037023.933.20$1,183
Jun 2001032924.563.82$1,258
May 2001032725.524.31$1,408
Apr 2001032724.685.34$1,745
Mar 2001035824.545.38$1,925
Feb 200111231327.755.77$4,913
Jan 2001039627.478.40$3,326
Dec 2000029626.889.12$2,700
Nov 2000032732.215.66$1,850
Oct 2000037631.235.15$1,935
Sep 2000036331.875.19$1,883
Aug 2000036429.644.54$1,653
Jul 2000040428.534.09$1,652
Jun 2000037529.304.40$1,649
May 2000039627.263.68$1,457
Apr 2000038924.513.12$1,212
Mar 2000039328.422.86$1,124
Feb 2000036427.622.73$992
Jan 2000043425.272.48$1,077
Dec 1999050224.282.42$1,217
Nov 1999019123.192.43$465
Oct 19996144620.982.80$2,530
Sep 1999045021.752.62$1,178
Aug 1999044719.262.88$1,285
Jul 1999050617.892.37$1,200
Jun 1999040615.942.36$959
May 1999042315.792.32$982
Apr 1999032715.102.21$722
Mar 1999042612.471.84$783
Feb 199902749.981.82$498
Jan 1999039210.381.90$745
Dec 1998009.201.77$0
Nov 1998051410.892.19$1,123
Oct 1998094512.421.97$1,861
Sep 199801,56012.592.08$3,249
Aug 199801,61011.301.91$3,071
Jul 199801011.742.24$22
Jun 199802311.242.24$51
May 1998011712.622.21$258
Apr 1998044113.042.51$1,105
Mar 199803,54412.802.31$8,185
Feb 19981357,24113.952.30$18,531
Jan 1998013,59714.702.15$29,299
Dec 199708,82816.322.41$21,285
Nov 1997016,11618.193.09$49,770
Oct 199705719.253.15$180
Sep 1997030417.742.95$898

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 2010 — as filed, then multipliedworked
Condensate            31 bbl  × $ 72.63 =     $2,252
Gas                    0 Mcf  × $  3.98 =         $0

────────────────────────────────────────────────────
Month total                                   $2,252

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/165266 is the state's own key, not one this site invented.