TRUST MCCOY "B"

Operated by VAN OPERATING, LTD. (P-5 881442) in the FLORENCE (MISS.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 27531District 7BField 31519750OilCasinghead gasSaveExport
Value, all time
$659 k
Apr 1995 – Jan 2000
Value, last 12 filed months
$20 k
at the published price for each month
Months reported
58
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 2 leases and 2 wells, and the rule below applies to all of them.

Discovered
1959-01-22
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

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
OilDisposition35,902 bbl$648,537
Casinghead gasProduction12,866 Mcf$10,249
Total$658,787

8,613 Mcf of this lease's gas, across 17 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 32.9905, -99.1531. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.99051, -99.15306 · 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
4,640 ft
1 wells filed one
Completion to plug
2.5 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 4,640 ft.

Completions filed
Aug 2000
1 of 1 wells
Plug dates filed
Feb 2003
1 of 1 wells

Last completion to plug: a median of 2.5 years across the 1 well that filed both dates, with the middle half between 2.5 years and 2.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4473553414,640 ftAug 2000Feb 2003Yes

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 (58)

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

58 months

Jan 20000025.272.48$0
Dec 19990024.282.42$0
Nov 199996023.192.43$2,226
Oct 19990020.982.80$0
Sep 19991734321.752.62$3,875
Aug 19991704319.262.88$3,398
Jul 199904317.892.37$102
Jun 199904315.942.36$102
May 19993464315.792.32$5,563
Apr 199904315.102.21$95
Mar 199906312.471.84$116
Feb 1999477569.981.82$4,862
Jan 1999010110.381.90$192
Dec 19980819.201.77$144
Nov 19981777510.892.19$2,091
Oct 19981697812.421.97$2,253
Sep 199807512.592.08$156
Aug 199808911.301.91$170
Jul 19981657211.742.24$2,098
Jun 199817612111.242.24$2,249
May 199817213012.622.21$2,457
Apr 19981688213.042.51$2,396
Mar 199817811512.802.31$2,544
Feb 199834712913.952.30$5,137
Jan 199835316114.702.15$5,536
Dec 199717518616.322.41$3,304
Nov 199754017618.193.09$10,366
Oct 199717916919.253.15$3,978
Sep 199736021117.742.95$7,010
Aug 199735712517.862.55$6,695
Jul 199718125717.582.25$3,759
Jun 199771631417.242.26$13,053
May 199770724518.972.31$13,977
Apr 199736721317.882.08$7,006
Mar 199773614218.951.94$14,223
Feb 199751624420.492.21$11,111
Jan 19971,27028523.483.54$30,828
Dec 19961,45228123.32$33,861
Nov 19963498421.97$7,668
Oct 199653616023.31$12,494
Sep 19966912822.22$15,354
Aug 19961,18658520.26$24,028
Jul 19961,35777919.55$26,529
Jun 19961,43272718.73$26,821
May 19961,57886019.43$30,661
Apr 19961,53761321.51$33,061
Mar 19961,77072019.38$34,303
Feb 19961,52558816.98$25,895
Jan 19961,60756017.07$27,431
Dec 19951,69659517.19$29,154
Nov 19951,67768916.00$26,832
Oct 19951,65657615.43$25,552
Sep 19951,61661816.18$26,147
Aug 19951,77015015.92$28,178
Jul 19951,257015.24$19,157
Jun 19951,271016.41$20,857
May 1995668017.56$11,730
Apr 19950017.73$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.

Nov 1999 — as filed, then multipliedworked
Oil                   96 bbl  × $ 23.19 =     $2,226
Casinghead gas         0 Mcf  × $  2.43 =         $0

────────────────────────────────────────────────────
Month total                                   $2,226

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/27531 is the state's own key, not one this site invented.