TCSL

Operated by MCKEE, KENNETH W. OIL CO. (P-5 550500) in the TRAVIS (STRAWN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 24516District 7BField 90984250OilCasinghead gasSaveExport
Value, all time
$81 k
Jan 1993 – Aug 1997
Value, last 12 filed months
$3 k
at the published price for each month
Months reported
56
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 9 leases and 32 wells, and the rule below applies to all of them.

Discovered
1953-09-25
as the register files it
Field class
Oil
the register's own label
Between wells
933 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres.

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
OilDisposition4,899 bbl$80,650
Casinghead gasProduction21 Mcf$0
Total$80,650

21 Mcf of this lease's gas, across 21 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 33.3313, -99.1310. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

33.33119, -99.13131 · 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
3,953 ft
4 wells filed one
Completion to plug
7.5 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 3,939 and 5,089 ft, median 3,953 ft, over the 4 wells that filed a depth.

Completions filed
Aug 1987 – Apr 1992
4 of 4 wells
Plug dates filed
Dec 1995 – May 1997
4 of 4 wells

Last completion to plug: a median of 7.5 years across the 4 wells that filed both dates, with the middle half between 6.9 years and 8.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

4 wells

42-447348374801S3,965 ftApr 1992May 1997Yes
42-447348704903S3,939 ftJun 1988Dec 1995Yes
42-44734863492S3,940 ftJun 1988Dec 1995Yes
42-447343544915,089 ftAug 1987May 1997Yes

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 (56)

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

56 months

Aug 19970017.862.55$0
Jul 19970017.582.25$0
Jun 19970017.242.26$0
May 19970018.972.31$0
Apr 19970017.882.08$0
Mar 19970018.951.94$0
Feb 19970020.492.21$0
Jan 1997112023.483.54$2,630
Dec 19960023.32$0
Nov 19960021.97$0
Oct 19960023.31$0
Sep 19960022.22$0
Aug 19960020.26$0
Jul 19960019.55$0
Jun 19960018.73$0
May 1996133019.43$2,584
Apr 19960021.51$0
Mar 1996149019.38$2,888
Feb 1996187016.98$3,175
Jan 19960017.07$0
Dec 1995179017.19$3,077
Nov 19950016.00$0
Oct 1995180015.43$2,777
Sep 19950016.18$0
Aug 1995145015.92$2,308
Jul 19950015.24$0
Jun 1995151016.41$2,478
May 19950017.56$0
Apr 1995164017.73$2,908
Mar 19950016.44$0
Feb 1995130016.58$2,155
Jan 19950015.92$0
Dec 1994157015.03$2,360
Nov 19940015.90$0
Oct 1994173015.58$2,695
Sep 19940115.29$0
Aug 1994151116.13$2,436
Jul 1994158117.56$2,774
Jun 1994170117.09$2,905
May 1994172115.88$2,731
Apr 19941114.14$14
Mar 1994156112.46$1,944
Feb 1994167112.50$2,088
Jan 1994162112.66$2,051
Dec 1993176112.33$2,170
Nov 19930114.49$0
Oct 1993163115.85$2,584
Sep 19931115.03$15
Aug 1993110115.66$1,723
Jul 1993169115.46$2,613
Jun 1993179116.79$3,005
May 1993159117.68$2,811
Apr 1993174118.05$3,141
Mar 1993330118.14$5,986
Feb 1993163117.90$2,918
Jan 1993278116.93$4,707

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.

Jan 1997 — as filed, then multipliedworked
Oil                  112 bbl  × $ 23.48 =     $2,630
Casinghead gas         0 Mcf  × $  3.54 =         $0

────────────────────────────────────────────────────
Month total                                   $2,630

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/24516 is the state's own key, not one this site invented.