TRUST MCCOY "B"

Operated by VAN OPERATING, LTD. (P-5 881442) in the FLORENCE (CADDO) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 179358District 7BField 31519500CondensateGasSaveExport
Value, all time
$132 k
Aug 2000 – Apr 2003
Value, last 12 filed months
$17 k
at the published price for each month
Months reported
33
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 6 leases and 6 wells, and the rule below applies to all of them.

Discovered
1959-06-18
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
CondensateDisposition197 bbl$6,596
GasProduction27,675 Mcf$125,473
Total$132,069

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 32.9905, -99.1531. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.99051, -99.15306 · 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
4,640 ft
1 wells filed one
Completion to plug
2.5 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 4,640 ft.

Completions filed
Aug 2000
1 of 1 wells
Plug dates filed
Feb 2003
1 of 1 wells

Last completion to plug: a median of 2.5 years across the 1 well that filed both dates, with the middle half between 2.5 years and 2.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4473553414,640 ftAug 2000Feb 2003Yes

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 (33)

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

33 months

Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20031974333.487.93$6,936
Jan 20030730.315.58$39
Dec 2002034726.914.85$1,684
Nov 2002023924.664.14$989
Oct 2002026826.464.23$1,133
Sep 2002018527.443.64$673
Aug 2002028625.963.16$905
Jul 2002027824.583.06$851
Jun 2002041023.733.34$1,369
May 2002067224.663.58$2,408
Apr 2002073123.653.51$2,568
Mar 2002092722.003.10$2,876
Feb 2002021918.222.38$520
Jan 2002028217.172.38$670
Dec 2001034316.932.36$811
Nov 2001078818.072.41$1,896
Oct 200101,01019.782.53$2,554
Sep 200101,01724.262.25$2,290
Aug 200101,18424.873.05$3,615
Jul 200101,07323.933.20$3,430
Jun 200101,26624.563.82$4,841
May 2001098725.524.31$4,251
Apr 200101,24524.685.34$6,642
Mar 2001048324.545.38$2,597
Feb 2001085827.755.77$4,948
Jan 2001094027.478.40$7,895
Dec 200001,24426.889.12$11,348
Nov 200001,80032.215.66$10,184
Oct 200002,04431.235.15$10,517
Sep 200001,72831.875.19$8,962
Aug 200004,77129.644.54$21,664

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.

Feb 2003 — as filed, then multipliedworked
Condensate           197 bbl  × $ 33.48 =     $6,596
Gas                   43 Mcf  × $  7.93 =       $341

────────────────────────────────────────────────────
Month total                                   $6,936

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/179358 is the state's own key, not one this site invented.