MCGINNIS

Operated by J OIL & GAS INC. (P-5 427779) in the MITTIE (MARBLE FALLS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 99429District 7BField 62229666Hydrogen sulphide fieldNGPA filingGasSaveExport
Value, all time
$10 k
Jan 1993 – Aug 2007
Value, last 12 filed months
$0
at the published price for each month
Months reported
176
no gaps in the span
Streams
1
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 134 leases and 152 wells, and the rule below applies to all of them.

Discovered
1978-03-05
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 40 acres.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: OPT ACREAGE 160 PLUT 10 TOL W/4500' DIAG/LAST WELL 20 AC

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
GasProduction26,021 Mcf$9,651
Total$9,651

22,312 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 32.1335, -98.5989. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.13353, -98.59887 · 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
2,841 ft
1 wells filed one
Completion to plug
25.8 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 2,841 ft.

Completions filed
Oct 1981
1 of 1 wells
Plug dates filed
Aug 2007
1 of 1 wells

Last completion to plug: a median of 25.8 years across the 1 well that filed both dates, with the middle half between 25.8 years and 25.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-093308751 A2,841 ftOct 1981Aug 2007Yes

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 (176)

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

176 months

Aug 2007069.066.39$0
Jul 2007070.906.39$0
Jun 2007062.007.55$0
May 2007058.747.85$0
Apr 2007059.617.81$0
Mar 2007056.927.30$0
Feb 2007055.108.22$0
Jan 2007050.306.73$0
Dec 2006056.656.92$0
Nov 2006054.207.62$0
Oct 2006054.906.01$0
Sep 2006060.085.04$0
Aug 2006068.717.34$0
Jul 2006069.376.34$0
Jun 2006066.286.38$0
May 2006066.016.42$0
Apr 2006064.397.36$0
Mar 2006056.707.08$0
Feb 2006057.597.75$0
Jan 2006060.598.93$0
Dec 2005054.9413.42$0
Nov 2005054.6910.59$0
Oct 2005058.3413.80$0
Sep 2005061.4512.08$0
Aug 2005061.519.80$0
Jul 2005055.697.84$0
Jun 2005052.337.38$0
May 2005045.226.65$0
Apr 2005049.207.36$0
Mar 2005050.377.15$0
Feb 2005045.226.31$0
Jan 2005043.166.32$0
Dec 2004039.866.75$0
Nov 2004045.286.33$0
Oct 2004049.706.52$0
Sep 2004043.245.28$0
Aug 2004042.375.55$0
Jul 2004038.286.08$0
Jun 2004036.106.43$0
May 20041337.486.49$84
Apr 2004034.475.86$0
Mar 2004034.365.53$0
Feb 2004032.455.51$0
Jan 2004032.036.30$0
Dec 2003030.266.30$0
Nov 20031328.804.60$60
Oct 2003028.174.76$0
Sep 2003026.314.75$0
Aug 20031329.765.13$67
Jul 2003029.415.17$0
Jun 20031228.565.98$72
May 2003026.595.97$0
Apr 2003026.675.41$0
Mar 20031431.146.10$85
Feb 2003033.487.93$0
Jan 2003030.315.58$0
Dec 20021426.914.85$68
Nov 2002024.664.14$0
Oct 2002026.464.23$0
Sep 2002027.443.64$0
Aug 20021825.963.16$57
Jul 20021524.583.06$46
Jun 2002023.733.34$0
May 2002024.663.58$0
Apr 2002023.653.51$0
Mar 20021222.003.10$37
Feb 20021418.222.38$33
Jan 2002017.172.38$0
Dec 2001016.932.36$0
Nov 2001518.072.41$12
Oct 20011419.782.53$35
Sep 2001024.262.25$0
Aug 20011324.873.05$40
Jul 20011423.933.20$45
Jun 20011424.563.82$54
May 20011225.524.31$52
Apr 2001824.685.34$43
Mar 2001024.545.38$0
Feb 20011227.755.77$69
Jan 2001027.478.40$0
Dec 2000026.889.12$0
Nov 2000032.215.66$0
Oct 2000031.235.15$0
Sep 2000031.875.19$0
Aug 2000029.644.54$0
Jul 2000028.534.09$0
Jun 2000029.304.40$0
May 20001227.263.68$44
Apr 2000024.513.12$0
Mar 2000028.422.86$0
Feb 2000027.622.73$0
Jan 2000025.272.48$0
Dec 1999024.282.42$0
Nov 19991623.192.43$39
Oct 19991220.982.80$34
Sep 19991921.752.62$50
Aug 1999019.262.88$0
Jul 1999017.892.37$0
Jun 1999015.942.36$0
May 1999015.792.32$0
Apr 1999015.102.21$0
Mar 1999012.471.84$0
Feb 199909.981.82$0
Jan 1999010.381.90$0
Dec 199809.201.77$0
Nov 1998010.892.19$0
Oct 1998012.421.97$0
Sep 1998012.592.08$0
Aug 1998011.301.91$0
Jul 1998011.742.24$0
Jun 1998011.242.24$0
May 1998012.622.21$0
Apr 19987913.042.51$198
Mar 199817312.802.31$400
Feb 199819713.952.30$453
Jan 199822514.702.15$485
Dec 199720916.322.41$504
Nov 199721518.193.09$664
Oct 199719019.253.15$598
Sep 199721117.742.95$623
Aug 199723717.862.55$605
Jul 199725117.582.25$564
Jun 199722517.242.26$508
May 199726318.972.31$607
Apr 199721017.882.08$437
Mar 199726418.951.94$512
Feb 199722520.492.21$496
Jan 199724623.483.54$871
Dec 199624823.32$0
Nov 199627821.97$0
Oct 199627923.31$0
Sep 199627922.22$0
Aug 199631120.26$0
Jul 199629219.55$0
Jun 199624918.73$0
May 199625419.43$0
Apr 199627421.51$0
Mar 199628219.38$0
Feb 199631016.98$0
Jan 199634517.07$0
Dec 199520917.19$0
Nov 199535116.00$0
Oct 199530615.43$0
Sep 199539716.18$0
Aug 199539615.92$0
Jul 199531415.24$0
Jun 199539816.41$0
May 199522117.56$0
Apr 199537317.73$0
Mar 199536716.44$0
Feb 199538516.58$0
Jan 199533215.92$0
Dec 199434115.03$0
Nov 199446815.90$0
Oct 199467115.58$0
Sep 199447015.29$0
Aug 199439316.13$0
Jul 199438717.56$0
Jun 199429917.09$0
May 199444015.88$0
Apr 199449414.14$0
Mar 199460812.46$0
Feb 199474512.50$0
Jan 199483412.66$0
Dec 199341012.33$0
Nov 199340214.49$0
Oct 199341715.85$0
Sep 199342815.03$0
Aug 199364215.66$0
Jul 199373915.46$0
Jun 199359016.79$0
May 199369517.68$0
Apr 199368818.05$0
Mar 19931,05718.14$0
Feb 199389817.90$0
Jan 19931,74616.93$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 2004 — as filed, then multipliedworked
Gas                   13 Mcf  × $  6.49 =        $84

────────────────────────────────────────────────────
Month total                                      $84

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/99429 is the state's own key, not one this site invented.