MCCOLLUM

Operated by BORDERLINE OPERATING CORP. (P-5 82999) in the NOODLE, NW. (CANYON SD. 4000) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 18580District 7BField 65823400NGPA filingOilCasinghead gasSaveExport
Value, all time
$379 k
Jan 1993 – Jan 2009
Value, last 12 filed months
$0
at the published price for each month
Months reported
193
no gaps in the span
Streams
2
oil, casinghead 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 34 leases and 49 wells, and the rule below applies to all of them.

Discovered
1955-01-06
as the register files it
Field class
Oil
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

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
NGPA3none

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
OilDisposition9,298 bbl$197,995
Casinghead gasProduction83,544 Mcf$180,604
Total$378,599

35,156 Mcf of this lease's gas, across 46 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 (3)

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 32.6234, -100.1297. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

32.62374, -100.13015 · 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%
3 of 3 wells
With a plug date
100.0%
3 of 3 wells
Median depth
4,250 ft
3 wells filed one
Completion to plug
23.8 years
median over 3 wells

What the state filed about each well

On the RRC proration schedule
3100.0%
A plug date is filed
3100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
3100.0%
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

Between 4,250 and 4,299 ft, median 4,250 ft, over the 3 wells that filed a depth.

Completions filed
Jun 1982 – Sep 1983
3 of 3 wells
Plug dates filed
May 2006 – Dec 2008
3 of 3 wells

Last completion to plug: a median of 23.8 years across the 3 wells that filed both dates, with the middle half between 23.3 years and 25.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

3 wells

42-2533262534,250 ftSep 1983May 2006Yes
42-253322412184,250 ftJul 1982May 2006Yes
42-253322301184,299 ftJun 1982Dec 2008Yes

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 (193)

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

193 months

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 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 200601057.597.75$78
Jan 200630360.598.93$1,845
Dec 20050054.9413.42$0
Nov 200518012654.6910.59$11,178
Oct 2005017058.3413.80$2,345
Sep 2005023461.4512.08$2,826
Aug 2005026461.519.80$2,586
Jul 2005026155.697.84$2,047
Jun 2005026252.337.38$1,934
May 2005031445.226.65$2,088
Apr 2005024349.207.36$1,789
Mar 2005028050.377.15$2,003
Feb 2005016245.226.31$1,023
Jan 2005026143.166.32$1,650
Dec 2004028039.866.75$1,890
Nov 200418220345.286.33$9,526
Oct 200409849.706.52$638
Sep 2004037343.245.28$1,971
Aug 2004025942.375.55$1,438
Jul 200416930538.286.08$8,325
Jun 2004032836.106.43$2,110
May 2004034037.486.49$2,208
Apr 2004024234.475.86$1,418
Mar 2004024534.365.53$1,355
Feb 2004023132.455.51$1,273
Jan 2004023832.036.30$1,499
Dec 2003029830.266.30$1,878
Nov 2003030928.804.60$1,420
Oct 200316134728.174.76$6,187
Sep 2003030826.314.75$1,463
Aug 20035941329.765.13$3,874
Jul 2003039329.415.17$2,032
Jun 200318232728.565.98$7,154
May 2003050826.595.97$3,034
Apr 200316831726.675.41$6,195
Mar 2003034331.146.10$2,091
Feb 2003025033.487.93$1,981
Jan 2003038930.315.58$2,171
Dec 2002035426.914.85$1,718
Nov 200218238424.664.14$6,077
Oct 2002042926.464.23$1,814
Sep 2002035227.443.64$1,280
Aug 2002041525.963.16$1,313
Jul 200214444924.583.06$4,914
Jun 2002044323.733.34$1,479
May 2002047224.663.58$1,692
Apr 2002046123.653.51$1,619
Mar 200218249022.003.10$5,524
Feb 2002044518.222.38$1,057
Jan 2002037517.172.38$891
Dec 200116747516.932.36$3,950
Nov 2001040918.072.41$984
Oct 2001033519.782.53$847
Sep 2001044924.262.25$1,011
Aug 200115757124.873.05$5,648
Jul 2001040823.933.20$1,304
Jun 200112656224.563.82$5,244
May 20018353525.524.31$4,423
Apr 200117944824.685.34$6,808
Mar 2001058324.545.38$3,134
Feb 200118352727.755.77$8,118
Jan 2001048027.478.40$4,031
Dec 2000026426.889.12$2,408
Nov 2000042332.215.66$2,393
Oct 2000044031.235.15$2,264
Sep 200015943931.875.19$7,344
Aug 2000047729.644.54$2,166
Jul 20005156328.534.09$3,758
Jun 20009340929.304.40$4,523
May 200025452827.263.68$8,867
Apr 2000052224.513.12$1,627
Mar 2000056128.422.86$1,604
Feb 20007142327.622.73$3,114
Jan 200015568125.272.48$5,606
Dec 1999095824.282.42$2,322
Nov 19994549923.192.43$2,258
Oct 199913050720.982.80$4,149
Sep 199914550321.752.62$4,471
Aug 19994054219.262.88$2,329
Jul 199911965117.892.37$3,673
Jun 1999056415.942.36$1,332
May 19997357715.792.32$2,492
Apr 1999051615.102.21$1,139
Mar 199911453312.471.84$2,401
Feb 199905589.981.82$1,014
Jan 19999459610.381.90$2,108
Dec 199806089.201.77$1,078
Nov 199810361510.892.19$2,466
Oct 19984861012.421.97$1,797
Sep 1998057012.592.08$1,187
Aug 19987368511.301.91$2,131
Jul 19984654811.742.24$1,766
Jun 19984763311.242.24$1,944
May 19985757812.622.21$1,995
Apr 19989463913.042.51$2,827
Mar 1998061312.802.31$1,416
Feb 19984737213.952.30$1,511
Jan 19983837214.702.15$1,360
Dec 199710663416.322.41$3,259
Nov 19975755618.193.09$2,754
Oct 1997055119.253.15$1,736
Sep 19974759817.742.95$2,601
Aug 19976368917.862.55$2,885
Jul 19979087217.582.25$3,542
Jun 19977166817.242.26$2,732
May 19976869618.972.31$2,897
Apr 19979473017.882.08$3,201
Mar 199710975318.951.94$3,526
Feb 19978154520.492.21$2,862
Jan 19976473423.483.54$4,101
Dec 199610360023.32$2,402
Nov 19968751321.97$1,911
Oct 1996073423.31$0
Sep 19963957422.22$867
Aug 19965760120.26$1,155
Jul 19964365919.55$841
Jun 19966369918.73$1,180
May 19968177819.43$1,574
Apr 19966768721.51$1,441
Mar 199614279419.38$2,752
Feb 1996064416.98$0
Jan 199614578117.07$2,475
Dec 1995079117.19$0
Nov 199517885516.00$2,848
Oct 1995099115.43$0
Sep 19951601,14016.18$2,589
Aug 199516678115.92$2,643
Jul 1995041715.24$0
Jun 19955460916.41$886
May 19957040017.56$1,229
Apr 199517150717.73$3,032
Mar 1995056616.44$0
Feb 199510288516.58$1,691
Jan 19950015.92$0
Dec 19940015.03$0
Nov 19944854715.90$763
Oct 19944360315.58$670
Sep 19947148815.29$1,086
Aug 19945255316.13$839
Jul 19944666717.56$808
Jun 19948570417.09$1,453
May 19947676915.88$1,207
Apr 199413274614.14$1,866
Mar 199414772412.46$1,832
Feb 1994071312.50$0
Jan 199411375312.66$1,431
Dec 199311096512.33$1,356
Nov 19938688714.49$1,246
Oct 19938693515.85$1,363
Sep 19939596015.03$1,428
Aug 19931071,04515.66$1,676
Jul 19938798215.46$1,345
Jun 19939994916.79$1,662
May 19932081,02917.68$3,677
Apr 199301,00518.05$0
Mar 19931211,05018.14$2,195
Feb 199313796817.90$2,452
Jan 19931411,10816.93$2,387

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 2006 — as filed, then multipliedworked
Oil                    0 bbl  × $ 57.59 =         $0
Casinghead gas        10 Mcf  × $  7.75 =        $78

────────────────────────────────────────────────────
Month total                                      $78

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/O/18580 is the state's own key, not one this site invented.