MCCREA HEIRS

Operated by PETEX (P-5 659782) in the L.H. MCCREA (ELLENBURGER) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 24248District 7BField 50514400OilCasinghead gasSaveExport
Value, all time
$183 k
Jan 1993 – Jul 2012
Value, last 12 filed months
$0
at the published price for each month
Months reported
235
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 4 leases and 7 wells, and the rule below applies to all of them.

Discovered
1987-03-24
as the register files it
Field class
Oil
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 field rule took effect on 1997-05-09.

The Commission's schedule remark for this field reads: AMENDED FLD RULES PER DKT#7B-0214217 EFF. 5/9/97.

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
OilDisposition9,540 bbl$170,564
Casinghead gasProduction12,563 Mcf$12,615
Total$183,179

7,524 Mcf of this lease's gas, across 31 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 (4)

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 32.6654, -99.0652. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

32.66495, -99.06514 · 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%
4 of 4 wells
With a plug date
100.0%
4 of 4 wells
Median depth
4,371 ft
4 wells filed one
Completion to plug
17.0 years
median over 4 wells

What the state filed about each well

On the RRC proration schedule
4100.0%
A plug date is filed
4100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
4100.0%
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 4,366 and 4,376 ft, median 4,371 ft, over the 4 wells that filed a depth.

Completions filed
Sep 1987 – Dec 1995
4 of 4 wells
Plug dates filed
Dec 2005 – May 2012
4 of 4 wells

Last completion to plug: a median of 17.0 years across the 4 wells that filed both dates, with the middle half between 16.4 years and 17.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

4 wells

42-4293506174,366 ftDec 1995May 2012Yes
42-4293519984,375 ftDec 1995May 2012Yes
42-4293483914,376 ftJun 1988Jan 2006Yes
42-4293486424,366 ftSep 1987Dec 2005Yes

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 (235)

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

235 months

Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 200920066.163.90$1,323
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
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 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
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 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 2003183026.595.97$4,866
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 2000176031.875.19$5,609
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 20000029.304.40$0
May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 20000028.422.86$0
Feb 20000027.622.73$0
Jan 20000025.272.48$0
Dec 1999178024.282.42$4,322
Nov 19990023.192.43$0
Oct 1999165020.982.80$3,462
Sep 19990021.752.62$0
Aug 1999165019.262.88$3,178
Jul 19991663717.892.37$3,058
Jun 199904515.942.36$106
May 19991628415.792.32$2,753
Apr 199916811615.102.21$2,793
Mar 1999010212.471.84$188
Feb 19990679.981.82$122
Jan 1999013210.381.90$251
Dec 19980439.201.77$76
Nov 19981304210.892.19$1,508
Oct 19981798912.421.97$2,398
Sep 1998018312.592.08$381
Aug 1998010511.301.91$200
Jul 199805211.742.24$116
Jun 199807011.242.24$157
May 1998023012.622.21$507
Apr 199801113.042.51$28
Mar 19981728212.802.31$2,391
Feb 199818011513.952.30$2,775
Jan 1998026114.702.15$562
Dec 1997043216.322.41$1,042
Nov 1997078418.193.09$2,421
Oct 199717622819.253.15$4,106
Sep 199717051817.742.95$4,546
Aug 199717174017.862.55$4,945
Jul 199717147117.582.25$4,064
Jun 19970017.242.26$0
May 1997460018.972.31$8,726
Apr 1997170017.882.08$3,040
Mar 1997173018.951.94$3,278
Feb 19970020.492.21$0
Jan 1997180023.483.54$4,226
Dec 1996179023.32$4,174
Nov 1996178021.97$3,911
Oct 1996180123.31$4,196
Sep 1996193122.22$4,288
Aug 19960120.26$0
Jul 1996168119.55$3,284
Jun 1996188118.73$3,521
May 199628015919.43$5,440
Apr 199619020421.51$4,087
Mar 1996026919.38$0
Feb 19960116.98$0
Jan 19960117.07$0
Dec 19950117.19$0
Nov 19950016.00$0
Oct 19950015.43$0
Sep 19950016.18$0
Aug 199596015.92$1,528
Jul 19950015.24$0
Jun 19950016.41$0
May 19950017.56$0
Apr 19950017.73$0
Mar 19950016.44$0
Feb 19950016.58$0
Jan 19950015.92$0
Dec 19940015.03$0
Nov 1994179015.90$2,846
Oct 1994179015.58$2,789
Sep 1994174015.29$2,660
Aug 1994176116.13$2,839
Jul 1994171117.56$3,003
Jun 19941751,20117.09$2,991
May 19941771,11615.88$2,811
Apr 19943421,15514.14$4,836
Mar 19943481,03212.46$4,336
Feb 1994012312.50$0
Jan 199417716312.66$2,241
Dec 19931687612.33$2,071
Nov 199307214.49$0
Oct 199333616315.85$5,326
Sep 199317613215.03$2,645
Aug 199316916115.66$2,647
Jul 199317420515.46$2,690
Jun 199317624716.79$2,955
May 199317522417.68$3,094
Apr 199317520218.05$3,159
Mar 199317517618.14$3,175
Feb 199317414817.90$3,115
Jan 199317728616.93$2,997

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.

Jun 2009 — as filed, then multipliedworked
Oil                   20 bbl  × $ 66.16 =     $1,323
Casinghead gas         0 Mcf  × $  3.90 =         $0

────────────────────────────────────────────────────
Month total                                   $1,323

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/24248 is the state's own key, not one this site invented.