MCCREA

Name: MCCREA lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by CRESTON PETROLEUM CORP. (P-5 189904) in the GRAND OLD OPLIN (GRAY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 23328District 7BField 36353400NGPA filingOilCasinghead gasSave Export

Value, all time

$779 k

Jan 1993 – May 2015

Value, last 12 filed months

$3 k

at the published price for each month

Months reported

269

no gaps in the span

Streams

oil, casinghead gas

The GRAND OLD OPLIN (GRAY) field

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 38 leases and 118 wells, and the rule below applies to all of them.

Discovered

1984-06-10

as the register files it

Field class

Oil and gas

the register's own label

Between wells

660 ft

minimum

From a lease line

330 ft

minimum

A drilling unit in this field needs at least 10 acres. The field rule took effect on 1987-04-27.

The Commission's schedule remark for this field reads: “JUNE 14, 1993 COMMISSION SET UP AS AN ASSOCIATED 49(B) FIELD”

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.

Programme	Filings	With an approval date	Dated	Docket
NGPA	4	none	—	—

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.

Stream	Basis	Volume	Value
Oil	Disposition	30,418 bbl	$735,533
Casinghead gas	Production	40,276 Mcf	$43,398
Total			$778,931

26,557 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 (5)

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 32.1337, -99.6084. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

32.13310, -99.60919 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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%

5 of 5 wells

With a plug date

100.0%

5 of 5 wells

Median depth

4,650 ft

5 wells filed one

Completion to plug

12.8 years

median over 5 wells

What the state filed about each well

On the RRC proration schedule

5100.0%

A plug date is filed

5100.0%

BothOn the schedule and plugged. Neither fact cancels the other.

5100.0%

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 4,009 and 4,750 ft, median 4,650 ft, over the 5 wells that filed a depth.

Completions filed

Jan 1986 – Oct 1986

5 of 5 wells

Plug dates filed

Nov 1998 – Nov 2012

5 of 5 wells

Last completion to plug: a median of 12.8 years across the 5 wells that filed both dates, with the middle half between 12.7 years and 26.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

5 wells


42-05935643	5	4,009 ft	Oct 1986	Nov 1998	Yes
42-05935609	4	4,733 ft	Aug 1986	Nov 2012	Yes
42-05935568	3	4,100 ft	Apr 1986	Nov 2012	Yes
42-05935541	2	4,750 ft	Mar 1986	Nov 1998	Yes
42-05935470	1	4,650 ft	Jan 1986	Nov 1998	Yes

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 (269)

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

269 months


May 2015	0	0	55.21	2.96	$0
Apr 2015	0	0	49.82	2.71	$0
Mar 2015	61	0	42.89	2.93	$2,616
Feb 2015	0	0	44.66	2.98	$0
Jan 2015	0	0	43.43	3.10	$0
Dec 2014	0	0	54.69	3.59	$0
Nov 2014	0	0	70.46	4.25	$0
Oct 2014	0	0	78.30	3.90	$0
Sep 2014	0	0	86.16	4.05	$0
Aug 2014	0	0	89.39	4.04	$0
Jul 2014	0	0	96.56	4.18	$0
Jun 2014	0	0	98.16	4.74	$0
May 2014	0	0	94.73	4.73	$0
Apr 2014	0	0	95.94	4.81	$0
Mar 2014	0	0	95.89	5.06	$0
Feb 2014	0	0	97.40	6.19	$0
Jan 2014	0	0	90.40	4.86	$0
Dec 2013	0	0	91.82	4.35	$0
Nov 2013	0	0	88.85	3.74	$0
Oct 2013	0	0	97.42	3.78	$0
Sep 2013	0	0	104.11	3.72	$0
Aug 2013	0	0	104.25	3.52	$0
Jul 2013	0	0	102.52	3.72	$0
Jun 2013	0	0	94.40	3.93	$0
May 2013	0	0	94.83	4.15	$0
Apr 2013	0	0	93.96	4.28	$0
Mar 2013	0	0	93.62	3.91	$0
Feb 2013	0	0	91.23	3.42	$0
Jan 2013	0	0	91.60	3.42	$0
Dec 2012	0	0	86.77	3.42	$0
Nov 2012	0	0	86.95	3.62	$0
Oct 2012	0	0	89.38	3.40	$0
Sep 2012	0	0	94.67	2.92	$0
Aug 2012	0	0	92.66	2.91	$0
Jul 2012	0	0	85.13	3.02	$0
Jun 2012	0	0	79.82	2.52	$0
May 2012	0	0	91.61	2.49	$0
Apr 2012	0	0	101.65	2.00	$0
Mar 2012	0	0	105.05	2.22	$0
Feb 2012	20	0	101.10	2.57	$2,022
Jan 2012	0	0	98.09	2.73	$0
Dec 2011	0	0	96.87	3.24	$0
Nov 2011	0	0	95.72	3.31	$0
Oct 2011	183	0	84.98	3.65	$15,551
Sep 2011	0	0	83.62	3.99	$0
Aug 2011	0	0	83.40	4.15	$0
Jul 2011	0	0	94.14	4.52	$0
Jun 2011	0	0	92.90	4.64	$0
May 2011	165	0	98.13	4.40	$16,191
Apr 2011	0	0	105.96	4.33	$0
Mar 2011	0	0	96.36	4.06	$0
Feb 2011	0	0	85.64	4.18	$0
Jan 2011	0	0	86.50	4.59	$0
Dec 2010	168	0	85.73	4.35	$14,403
Nov 2010	0	0	80.84	3.80	$0
Oct 2010	0	0	78.10	3.51	$0
Sep 2010	0	0	72.63	3.98	$0
Aug 2010	203	0	73.68	4.42	$14,957
Jul 2010	0	0	72.55	4.74	$0
Jun 2010	0	0	70.36	4.91	$0
May 2010	0	0	71.12	4.24	$0
Apr 2010	170	0	81.69	4.12	$13,887
Mar 2010	0	0	78.39	4.39	$0
Feb 2010	0	0	73.58	5.44	$0
Jan 2010	0	0	74.36	5.96	$0
Dec 2009	0	0	71.44	5.48	$0
Nov 2009	0	0	74.59	3.75	$0
Oct 2009	186	0	72.54	4.11	$13,492
Sep 2009	0	0	65.54	3.06	$0
Aug 2009	0	0	67.42	3.22	$0
Jul 2009	0	0	61.13	3.46	$0
Jun 2009	203	0	66.16	3.90	$13,430
May 2009	0	0	54.74	3.93	$0
Apr 2009	0	0	46.77	3.59	$0
Mar 2009	0	0	42.14	4.06	$0
Feb 2009	0	0	32.81	4.63	$0
Jan 2009	169	0	35.86	5.37	$6,060
Dec 2008	0	0	37.10	5.98	$0
Nov 2008	170	0	55.49	6.86	$9,433
Oct 2008	0	0	75.24	6.92	$0
Sep 2008	0	0	101.76	7.88	$0
Aug 2008	0	0	114.22	8.48	$0
Jul 2008	0	0	131.08	11.39	$0
Jun 2008	0	0	131.33	13.03	$0
May 2008	0	0	123.17	11.57	$0
Apr 2008	0	0	110.31	10.45	$0
Mar 2008	165	0	101.90	9.66	$16,814
Feb 2008	0	0	92.53	8.77	$0
Jan 2008	0	0	90.38	8.21	$0
Dec 2007	0	0	88.33	7.30	$0
Nov 2007	154	0	91.67	7.29	$14,117
Oct 2007	0	0	82.85	6.92	$0
Sep 2007	0	0	75.84	6.24	$0
Aug 2007	0	0	69.06	6.39	$0
Jul 2007	0	0	70.90	6.39	$0
Jun 2007	0	0	62.00	7.55	$0
May 2007	166	0	58.74	7.85	$9,751
Apr 2007	0	0	59.61	7.81	$0
Mar 2007	0	0	56.92	7.30	$0
Feb 2007	0	0	55.10	8.22	$0
Jan 2007	167	0	50.30	6.73	$8,400
Dec 2006	0	0	56.65	6.92	$0
Nov 2006	0	0	54.20	7.62	$0
Oct 2006	0	0	54.90	6.01	$0
Sep 2006	0	0	60.08	5.04	$0
Aug 2006	0	0	68.71	7.34	$0
Jul 2006	170	0	69.37	6.34	$11,793
Jun 2006	0	0	66.28	6.38	$0
May 2006	0	0	66.01	6.42	$0
Apr 2006	0	0	64.39	7.36	$0
Mar 2006	161	1	56.70	7.08	$9,136
Feb 2006	0	10	57.59	7.75	$78
Jan 2006	0	16	60.59	8.93	$143
Dec 2005	0	18	54.94	13.42	$241
Nov 2005	0	12	54.69	10.59	$127
Oct 2005	192	13	58.34	13.80	$11,381
Sep 2005	0	8	61.45	12.08	$97
Aug 2005	0	2	61.51	9.80	$20
Jul 2005	0	6	55.69	7.84	$47
Jun 2005	190	8	52.33	7.38	$10,002
May 2005	0	14	45.22	6.65	$93
Apr 2005	0	18	49.20	7.36	$132
Mar 2005	0	27	50.37	7.15	$193
Feb 2005	197	21	45.22	6.31	$9,041
Jan 2005	0	34	43.16	6.32	$215
Dec 2004	0	34	39.86	6.75	$230
Nov 2004	0	23	45.28	6.33	$146
Oct 2004	184	55	49.70	6.52	$9,503
Sep 2004	0	60	43.24	5.28	$317
Aug 2004	0	42	42.37	5.55	$233
Jul 2004	0	4	38.28	6.08	$24
Jun 2004	0	5	36.10	6.43	$32
May 2004	0	54	37.48	6.49	$351
Apr 2004	172	68	34.47	5.86	$6,327
Mar 2004	0	41	34.36	5.53	$227
Feb 2004	0	34	32.45	5.51	$187
Jan 2004	183	35	32.03	6.30	$6,082
Dec 2003	0	33	30.26	6.30	$208
Nov 2003	0	29	28.80	4.60	$133
Oct 2003	181	36	28.17	4.76	$5,270
Sep 2003	0	45	26.31	4.75	$214
Aug 2003	181	47	29.76	5.13	$5,628
Jul 2003	0	58	29.41	5.17	$300
Jun 2003	0	73	28.56	5.98	$437
May 2003	182	75	26.59	5.97	$5,287
Apr 2003	0	61	26.67	5.41	$330
Mar 2003	185	58	31.14	6.10	$6,114
Feb 2003	0	47	33.48	7.93	$373
Jan 2003	186	56	30.31	5.58	$5,950
Dec 2002	0	3	26.91	4.85	$15
Nov 2002	183	0	24.66	4.14	$4,513
Oct 2002	0	0	26.46	4.23	$0
Sep 2002	179	46	27.44	3.64	$5,079
Aug 2002	0	51	25.96	3.16	$161
Jul 2002	181	64	24.58	3.06	$4,645
Jun 2002	0	52	23.73	3.34	$174
May 2002	181	69	24.66	3.58	$4,711
Apr 2002	0	75	23.65	3.51	$263
Mar 2002	186	84	22.00	3.10	$4,353
Feb 2002	0	85	18.22	2.38	$202
Jan 2002	185	55	17.17	2.38	$3,307
Dec 2001	0	91	16.93	2.36	$215
Nov 2001	171	71	18.07	2.41	$3,261
Oct 2001	186	117	19.78	2.53	$3,975
Sep 2001	186	100	24.26	2.25	$4,737
Aug 2001	0	104	24.87	3.05	$318
Jul 2001	188	114	23.93	3.20	$4,863
Jun 2001	188	89	24.56	3.82	$4,958
May 2001	0	120	25.52	4.31	$517
Apr 2001	186	110	24.68	5.34	$5,177
Mar 2001	192	129	24.54	5.38	$5,405
Feb 2001	189	108	27.75	5.77	$5,868
Jan 2001	0	141	27.47	8.40	$1,184
Dec 2000	191	161	26.88	9.12	$6,603
Nov 2000	192	94	32.21	5.66	$6,716
Oct 2000	180	99	31.23	5.15	$6,131
Sep 2000	0	105	31.87	5.19	$545
Aug 2000	179	130	29.64	4.54	$5,896
Jul 2000	177	158	28.53	4.09	$5,696
Jun 2000	178	111	29.30	4.40	$5,703
May 2000	179	99	27.26	3.68	$5,244
Apr 2000	185	102	24.51	3.12	$4,852
Mar 2000	0	208	28.42	2.86	$595
Feb 2000	180	131	27.62	2.73	$5,329
Jan 2000	180	176	25.27	2.48	$4,985
Dec 1999	173	148	24.28	2.42	$4,559
Nov 1999	176	158	23.19	2.43	$4,466
Oct 1999	173	157	20.98	2.80	$4,070
Sep 1999	186	183	21.75	2.62	$4,525
Aug 1999	181	232	19.26	2.88	$4,153
Jul 1999	192	234	17.89	2.37	$3,990
Jun 1999	183	200	15.94	2.36	$3,389
May 1999	189	216	15.79	2.32	$3,486
Apr 1999	192	203	15.10	2.21	$3,347
Mar 1999	368	231	12.47	1.84	$5,014
Feb 1999	186	272	9.98	1.82	$2,351
Jan 1999	191	254	10.38	1.90	$2,465
Dec 1998	188	42	9.20	1.77	$1,804
Nov 1998	190	348	10.89	2.19	$2,830
Oct 1998	191	348	12.42	1.97	$3,058
Sep 1998	371	323	12.59	2.08	$5,344
Aug 1998	185	184	11.30	1.91	$2,441
Jul 1998	380	148	11.74	2.24	$4,792
Jun 1998	188	204	11.24	2.24	$2,570
May 1998	190	165	12.62	2.21	$2,762
Apr 1998	188	163	13.04	2.51	$2,860
Mar 1998	189	109	12.80	2.31	$2,671
Feb 1998	362	191	13.95	2.30	$5,489
Jan 1998	195	217	14.70	2.15	$3,334
Dec 1997	192	189	16.32	2.41	$3,589
Nov 1997	387	256	18.19	3.09	$7,830
Oct 1997	189	173	19.25	3.15	$4,183
Sep 1997	334	264	17.74	2.95	$6,705
Aug 1997	191	545	17.86	2.55	$4,804
Jul 1997	372	432	17.58	2.25	$7,510
Jun 1997	385	326	17.24	2.26	$7,373
May 1997	188	302	18.97	2.31	$4,264
Apr 1997	373	339	17.88	2.08	$7,375
Mar 1997	194	375	18.95	1.94	$4,403
Feb 1997	376	456	20.49	2.21	$8,710
Jan 1997	392	399	23.48	3.54	$10,617
Dec 1996	390	432	23.32	—	$9,095
Nov 1996	183	197	21.97	—	$4,021
Oct 1996	196	228	23.31	—	$4,569
Sep 1996	199	213	22.22	—	$4,422
Aug 1996	192	224	20.26	—	$3,890
Jul 1996	196	202	19.55	—	$3,832
Jun 1996	192	262	18.73	—	$3,596
May 1996	187	464	19.43	—	$3,633
Apr 1996	382	264	21.51	—	$8,217
Mar 1996	386	382	19.38	—	$7,481
Feb 1996	192	354	16.98	—	$3,260
Jan 1996	194	400	17.07	—	$3,312
Dec 1995	393	442	17.19	—	$6,756
Nov 1995	191	447	16.00	—	$3,056
Oct 1995	384	532	15.43	—	$5,925
Sep 1995	188	576	16.18	—	$3,042
Aug 1995	191	587	15.92	—	$3,041
Jul 1995	371	596	15.24	—	$5,654
Jun 1995	181	586	16.41	—	$2,970
May 1995	355	611	17.56	—	$6,234
Apr 1995	191	812	17.73	—	$3,386
Mar 1995	360	824	16.44	—	$5,918
Feb 1995	179	593	16.58	—	$2,968
Jan 1995	365	631	15.92	—	$5,811
Dec 1994	177	625	15.03	—	$2,660
Nov 1994	355	703	15.90	—	$5,645
Oct 1994	179	906	15.58	—	$2,789
Sep 1994	174	649	15.29	—	$2,660
Aug 1994	356	755	16.13	—	$5,742
Jul 1994	174	612	17.56	—	$3,055
Jun 1994	350	707	17.09	—	$5,982
May 1994	178	729	15.88	—	$2,827
Apr 1994	177	739	14.14	—	$2,503
Mar 1994	364	655	12.46	—	$4,535
Feb 1994	186	462	12.50	—	$2,325
Jan 1994	361	594	12.66	—	$4,570
Dec 1993	360	649	12.33	—	$4,439
Nov 1993	181	726	14.49	—	$2,623
Oct 1993	184	641	15.85	—	$2,916
Sep 1993	336	517	15.03	—	$5,050
Aug 1993	187	771	15.66	—	$2,928
Jul 1993	356	862	15.46	—	$5,504
Jun 1993	180	835	16.79	—	$3,022
May 1993	364	769	17.68	—	$6,436
Apr 1993	184	408	18.05	—	$3,321
Mar 1993	367	470	18.14	—	$6,657
Feb 1993	186	443	17.90	—	$3,329
Jan 1993	368	471	16.93	—	$6,230

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.

Mar 2015 — as filed, then multipliedworked

Oil                   61 bbl  × $ 42.89 =     $2,616
Casinghead gas         0 Mcf  × $  2.93 =         $0

────────────────────────────────────────────────────
Month total                                   $2,616

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/23328 is the state's own key, not one this site invented.