MCKAY CREEK "A"

Operated by CODY ENERGY, INC. (P-5 164464) in the MCKAY CREEK (CABALLOS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 115930District 7CField 59560300NGPA filingCondensateGasSaveExport
Value, all time
$16 k
Jan 1993 – Aug 1995
Value, last 12 filed months
$6 k
at the published price for each month
Months reported
32
no gaps in the span
Streams
2
condensate, 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 15 leases and 18 wells, and the rule below applies to all of them.

Discovered
1979-08-01
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,320 ft
minimum
From a lease line
660 ft
minimum

A drilling unit in this field needs at least 80 acres.

The Commission's schedule remark for this field reads: NET GAS-OIL RATIO; MAXIMUM GAS LIMIT 800 MCF

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
NGPA1none

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
CondensateDisposition1,012 bbl$16,002
GasProduction20,707 Mcf$0
Total$16,002

20,707 Mcf of this lease's gas, across 29 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 30.4775, -102.2759. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.47750, -102.27590 · 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
0.0%
0 of 1 wells
Median depth
7,560 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
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 7,560 ft.

Completions filed
May 1985
1 of 1 wells

1 well

42-4433032947,560 ftMay 1985Yes

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 (32)

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

32 months

Aug 19950015.92$0
Jul 19950015.24$0
Jun 199536016.41$591
May 19952324717.56$404
Apr 19953319317.73$585
Mar 19953221616.44$526
Feb 19957345216.58$1,210
Jan 19953046315.92$478
Dec 19946169815.03$917
Nov 19942241115.90$350
Oct 19943144015.58$483
Sep 19943739715.29$566
Aug 19943748616.13$597
Jul 19944249717.56$738
Jun 19945195917.09$872
May 19941353415.88$206
Apr 19942161014.14$297
Mar 19943962312.46$486
Feb 19943641812.50$450
Jan 19944253812.66$532
Dec 19934054112.33$493
Nov 19933063414.49$435
Oct 19933059515.85$476
Sep 19932669615.03$391
Aug 1993143,46415.66$219
Jul 1993294115.46$448
Jun 19931519216.79$252
May 1993411,24217.68$725
Apr 1993351,23818.05$632
Mar 1993351,47018.14$635
Feb 1993301,14317.90$537
Jan 1993281,26916.93$474

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 1995 — as filed, then multipliedworked
Condensate            36 bbl  × $ 16.41 =       $591
Gas                    0 Mcf  ×  no price            —

────────────────────────────────────────────────────
Month total                                     $591

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. 7C/G/115930 is the state's own key, not one this site invented.