MCGINNIS

Operated by SO OPERATING COMPANY (P-5 800281) in the FOSTER (MARBLE FALLS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 88819District 7BField 32300500CondensateGasSaveExport
Value, all time
$39 k
Jan 1993 – Jul 2005
Value, last 12 filed months
$452
at the published price for each month
Months reported
151
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 278 leases and 358 wells, and the rule below applies to all of them.

Discovered
1976-08-01
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 80 acres.

The Commission's schedule remark for this field reads: OPTIONAL 40 AC UNITS DIAG 2100'

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
CondensateDisposition10 bbl$452
GasProduction21,471 Mcf$38,434
Total$38,886

10,669 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.

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 32.1420, -98.9485. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.14198, -98.94847 · 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
3,120 ft
1 wells filed one
Completion to plug
26.8 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 3,120 ft.

Completions filed
Aug 1977
1 of 1 wells
Plug dates filed
May 2004
1 of 1 wells

Last completion to plug: a median of 26.8 years across the 1 well that filed both dates, with the middle half between 26.8 years and 26.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-1333066813,120 ftAug 1977May 2004Yes

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 (151)

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

151 months

Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 200510045.226.65$452
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 200309828.174.76$466
Sep 2003010226.314.75$484
Aug 20030229.765.13$10
Jul 200304229.415.17$217
Jun 2003016128.565.98$963
May 2003014226.595.97$848
Apr 2003012626.675.41$681
Mar 200306231.146.10$378
Feb 200302833.487.93$222
Jan 20030630.315.58$33
Dec 2002012426.914.85$602
Nov 20020524.664.14$21
Oct 200209926.464.23$419
Sep 2002012127.443.64$440
Aug 2002012625.963.16$399
Jul 200207824.583.06$239
Jun 20020823.733.34$27
May 2002011424.663.58$409
Apr 2002012723.653.51$446
Mar 2002012222.003.10$379
Feb 2002016418.222.38$390
Jan 2002019017.172.38$451
Dec 2001017016.932.36$402
Nov 2001013818.072.41$332
Oct 2001013319.782.53$336
Sep 2001010724.262.25$241
Aug 2001023024.873.05$702
Jul 2001023623.933.20$755
Jun 2001023424.563.82$895
May 2001022925.524.31$986
Apr 2001020724.685.34$1,104
Mar 2001022724.545.38$1,220
Feb 2001022227.755.77$1,280
Jan 2001017827.478.40$1,495
Dec 2000022326.889.12$2,034
Nov 2000022732.215.66$1,284
Oct 2000026531.235.15$1,364
Sep 2000024931.875.19$1,291
Aug 2000018229.644.54$826
Jul 2000019828.534.09$810
Jun 200002029.304.40$88
May 200004527.263.68$166
Apr 2000011724.513.12$365
Mar 200008428.422.86$240
Feb 200009627.622.73$262
Jan 2000017425.272.48$432
Dec 1999017224.282.42$417
Nov 1999013623.192.43$331
Oct 1999011320.982.80$317
Sep 199906921.752.62$181
Aug 1999014519.262.88$417
Jul 1999014217.892.37$337
Jun 1999012215.942.36$288
May 1999014515.792.32$337
Apr 1999016115.102.21$356
Mar 1999015312.471.84$281
Feb 199901059.981.82$191
Jan 199906810.381.90$129
Dec 19980999.201.77$176
Nov 199801210.892.19$26
Oct 19980012.421.97$0
Sep 19980012.592.08$0
Aug 19980011.301.91$0
Jul 199808311.742.24$186
Jun 1998012411.242.24$277
May 1998019712.622.21$435
Apr 1998021613.042.51$541
Mar 1998021412.802.31$494
Feb 1998015113.952.30$347
Jan 1998014414.702.15$310
Dec 1997012516.322.41$301
Nov 1997013418.193.09$414
Oct 1997019019.253.15$598
Sep 1997011017.742.95$325
Aug 1997010017.862.55$255
Jul 1997016817.582.25$377
Jun 1997014317.242.26$323
May 1997014018.972.31$323
Apr 1997015017.882.08$312
Mar 1997016918.951.94$328
Feb 1997016520.492.21$364
Jan 1997019923.483.54$704
Dec 1996017123.32$0
Nov 1996016721.97$0
Oct 1996018623.31$0
Sep 1996016222.22$0
Aug 1996016720.26$0
Jul 1996018519.55$0
Jun 1996020618.73$0
May 1996023119.43$0
Apr 1996023521.51$0
Mar 1996027019.38$0
Feb 1996022616.98$0
Jan 1996021417.07$0
Dec 1995023217.19$0
Nov 1995024016.00$0
Oct 1995018815.43$0
Sep 1995020016.18$0
Aug 1995015015.92$0
Jul 1995016515.24$0
Jun 1995020316.41$0
May 1995024117.56$0
Apr 1995019717.73$0
Mar 1995021316.44$0
Feb 1995021516.58$0
Jan 1995020415.92$0
Dec 1994021815.03$0
Nov 1994023015.90$0
Oct 1994026315.58$0
Sep 1994018615.29$0
Aug 1994020216.13$0
Jul 1994026617.56$0
Jun 1994024717.09$0
May 1994027315.88$0
Apr 1994021214.14$0
Mar 1994021812.46$0
Feb 1994021812.50$0
Jan 1994029612.66$0
Dec 1993023812.33$0
Nov 1993021614.49$0
Oct 1993016915.85$0
Sep 1993016715.03$0
Aug 1993016715.66$0
Jul 1993022415.46$0
Jun 1993028316.79$0
May 1993026817.68$0
Apr 1993028318.05$0
Mar 1993032218.14$0
Feb 1993029617.90$0
Jan 1993033916.93$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.

May 2005 — as filed, then multipliedworked
Condensate            10 bbl  × $ 45.22 =       $452
Gas                    0 Mcf  × $  6.65 =         $0

────────────────────────────────────────────────────
Month total                                     $452

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/88819 is the state's own key, not one this site invented.