TEX-MCGILL 12

Name: TEX-MCGILL 12 lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by MEADCO PROPERTIES (P-5 556500) in the TAOS (CANYON) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 131855District 7CField 88323200CondensateGasSave Export

Value, all time

$1.7 M

Jan 1993 – May 2017

Value, last 12 filed months

$3 k

at the published price for each month

Months reported

293

no gaps in the span

Streams

condensate, gas

The TAOS (CANYON) 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 18 leases and 34 wells, and the rule below applies to all of them.

Discovered

1979-01-24

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 160 acres. The field rule took effect on 1987-03-23.

The Commission's schedule remark for this field reads: “NET GOR 1000 MCF AVAILABLE”

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
Condensate	Disposition	1,949 bbl	$64,655
Gas	Production	551,446 Mcf	$1,668,890
Total			$1,733,545

185,222 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 (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 31.4958, -101.0864. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.49582, -101.08643 · 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%

1 of 1 wells

With a plug date

100.0%

1 of 1 wells

Median depth

8,880 ft

1 wells filed one

Completion to plug

27.8 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 8,880 ft.

Completions filed

Aug 1989

1 of 1 wells

Plug dates filed

May 2017

1 of 1 wells

Last completion to plug: a median of 27.8 years across the 1 well that filed both dates, with the middle half between 27.8 years and 27.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-23532648	1	8,880 ft	Aug 1989	May 2017	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 (293)

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

293 months


May 2017	0	165	45.37	3.26	$538
Apr 2017	0	69	47.93	3.21	$222
Mar 2017	0	2	46.77	2.98	$6
Feb 2017	0	0	50.45	2.95	$0
Jan 2017	0	69	49.41	3.42	$236
Dec 2016	0	94	48.76	3.72	$350
Nov 2016	0	95	42.49	2.64	$251
Oct 2016	0	100	46.19	3.09	$309
Sep 2016	0	92	41.55	3.10	$285
Aug 2016	0	97	41.44	2.92	$284
Jul 2016	0	101	41.62	2.92	$295
Jun 2016	0	103	45.35	2.69	$277
May 2016	0	113	42.52	1.99	$225
Apr 2016	0	144	36.56	1.99	$287
Mar 2016	0	140	33.01	1.79	$251
Feb 2016	0	60	26.47	2.06	$124
Jan 2016	0	77	27.35	2.36	$182
Dec 2015	0	85	32.36	2.00	$170
Nov 2015	0	101	38.79	2.17	$219
Oct 2015	0	147	43.55	2.43	$357
Sep 2015	0	152	42.99	2.76	$419
Aug 2015	0	162	40.16	2.87	$465
Jul 2015	0	173	48.15	2.95	$510
Jun 2015	0	183	56.15	2.88	$528
May 2015	0	289	55.21	2.96	$854
Apr 2015	0	316	49.82	2.71	$855
Mar 2015	0	190	42.89	2.93	$558
Feb 2015	0	48	44.66	2.98	$143
Jan 2015	0	213	43.43	3.10	$660
Dec 2014	0	222	54.69	3.59	$797
Nov 2014	0	195	70.46	4.25	$829
Oct 2014	0	182	78.30	3.90	$710
Sep 2014	0	178	86.16	4.05	$720
Aug 2014	0	82	89.39	4.04	$331
Jul 2014	0	129	96.56	4.18	$539
Jun 2014	0	146	98.16	4.74	$692
May 2014	0	171	94.73	4.73	$808
Apr 2014	0	184	95.94	4.81	$885
Mar 2014	0	83	95.89	5.06	$420
Feb 2014	0	82	97.40	6.19	$508
Jan 2014	0	56	90.40	4.86	$272
Dec 2013	0	58	91.82	4.35	$253
Nov 2013	0	90	88.85	3.74	$336
Oct 2013	0	124	97.42	3.78	$469
Sep 2013	0	95	104.11	3.72	$353
Aug 2013	0	104	104.25	3.52	$366
Jul 2013	0	85	102.52	3.72	$316
Jun 2013	0	120	94.40	3.93	$472
May 2013	0	202	94.83	4.15	$838
Apr 2013	0	253	93.96	4.28	$1,084
Mar 2013	0	751	93.62	3.91	$2,939
Feb 2013	0	451	91.23	3.42	$1,542
Jan 2013	0	425	91.60	3.42	$1,453
Dec 2012	0	487	86.77	3.42	$1,666
Nov 2012	0	533	86.95	3.62	$1,932
Oct 2012	0	205	89.38	3.40	$697
Sep 2012	0	214	94.67	2.92	$625
Aug 2012	0	291	92.66	2.91	$846
Jul 2012	0	363	85.13	3.02	$1,097
Jun 2012	0	139	79.82	2.52	$350
May 2012	0	64	91.61	2.49	$159
Apr 2012	0	57	101.65	2.00	$114
Mar 2012	0	266	105.05	2.22	$591
Feb 2012	0	237	101.10	2.57	$609
Jan 2012	0	274	98.09	2.73	$749
Dec 2011	0	279	96.87	3.24	$904
Nov 2011	0	336	95.72	3.31	$1,113
Oct 2011	0	363	84.98	3.65	$1,324
Sep 2011	0	362	83.62	3.99	$1,443
Aug 2011	0	377	83.40	4.15	$1,564
Jul 2011	0	429	94.14	4.52	$1,938
Jun 2011	0	510	92.90	4.64	$2,366
May 2011	0	848	98.13	4.40	$3,735
Apr 2011	0	1,006	105.96	4.33	$4,359
Mar 2011	0	784	96.36	4.06	$3,181
Feb 2011	0	703	85.64	4.18	$2,939
Jan 2011	0	782	86.50	4.59	$3,588
Dec 2010	0	838	85.73	4.35	$3,643
Nov 2010	0	749	80.84	3.80	$2,843
Oct 2010	0	847	78.10	3.51	$2,972
Sep 2010	0	762	72.63	3.98	$3,032
Aug 2010	0	611	73.68	4.42	$2,700
Jul 2010	0	387	72.55	4.74	$1,833
Jun 2010	0	303	70.36	4.91	$1,488
May 2010	0	410	71.12	4.24	$1,736
Apr 2010	0	372	81.69	4.12	$1,534
Mar 2010	0	451	78.39	4.39	$1,979
Feb 2010	0	404	73.58	5.44	$2,199
Jan 2010	0	425	74.36	5.96	$2,535
Dec 2009	0	480	71.44	5.48	$2,632
Nov 2009	0	493	74.59	3.75	$1,849
Oct 2009	0	514	72.54	4.11	$2,113
Sep 2009	0	535	65.54	3.06	$1,640
Aug 2009	0	582	67.42	3.22	$1,873
Jul 2009	0	565	61.13	3.46	$1,957
Jun 2009	0	568	66.16	3.90	$2,212
May 2009	0	614	54.74	3.93	$2,410
Apr 2009	0	950	46.77	3.59	$3,408
Mar 2009	0	622	42.14	4.06	$2,525
Feb 2009	0	630	32.81	4.63	$2,919
Jan 2009	0	1,040	35.86	5.37	$5,586
Dec 2008	0	1,168	37.10	5.98	$6,981
Nov 2008	0	1,100	55.49	6.86	$7,546
Oct 2008	0	1,190	75.24	6.92	$8,237
Sep 2008	0	1,200	101.76	7.88	$9,453
Aug 2008	0	1,248	114.22	8.48	$10,587
Jul 2008	0	1,279	131.08	11.39	$14,567
Jun 2008	176	1,258	131.33	13.03	$39,509
May 2008	0	1,327	123.17	11.57	$15,359
Apr 2008	0	1,323	110.31	10.45	$13,832
Mar 2008	0	1,371	101.90	9.66	$13,249
Feb 2008	0	1,309	92.53	8.77	$11,481
Jan 2008	1	1,417	90.38	8.21	$11,718
Dec 2007	0	1,461	88.33	7.30	$10,668
Nov 2007	0	1,462	91.67	7.29	$10,660
Oct 2007	0	1,751	82.85	6.92	$12,120
Sep 2007	0	1,823	75.84	6.24	$11,383
Aug 2007	0	1,852	69.06	6.39	$11,830
Jul 2007	0	2,107	70.90	6.39	$13,459
Jun 2007	0	2,501	62.00	7.55	$18,879
May 2007	0	2,529	58.74	7.85	$19,843
Apr 2007	0	1,822	59.61	7.81	$14,221
Mar 2007	0	1,934	56.92	7.30	$14,122
Feb 2007	0	1,851	55.10	8.22	$15,208
Jan 2007	0	2,180	50.30	6.73	$14,665
Dec 2006	0	2,275	56.65	6.92	$15,739
Nov 2006	0	710	54.20	7.62	$5,408
Oct 2006	0	781	54.90	6.01	$4,697
Sep 2006	0	705	60.08	5.04	$3,551
Aug 2006	0	916	68.71	7.34	$6,723
Jul 2006	0	1,279	69.37	6.34	$8,112
Jun 2006	0	1,296	66.28	6.38	$8,274
May 2006	0	1,489	66.01	6.42	$9,567
Apr 2006	0	1,603	64.39	7.36	$11,799
Mar 2006	0	1,473	56.70	7.08	$10,433
Feb 2006	0	1,614	57.59	7.75	$12,510
Jan 2006	0	1,869	60.59	8.93	$16,696
Dec 2005	0	1,476	54.94	13.42	$19,801
Nov 2005	0	1,440	54.69	10.59	$15,247
Oct 2005	0	1,794	58.34	13.80	$24,750
Sep 2005	0	1,710	61.45	12.08	$20,655
Aug 2005	110	1,919	61.51	9.80	$25,566
Jul 2005	0	1,461	55.69	7.84	$11,460
Jun 2005	0	1,720	52.33	7.38	$12,695
May 2005	0	1,822	45.22	6.65	$12,118
Apr 2005	0	1,642	49.20	7.36	$12,086
Mar 2005	0	1,774	50.37	7.15	$12,693
Feb 2005	0	1,787	45.22	6.31	$11,279
Jan 2005	0	1,571	43.16	6.32	$9,932
Dec 2004	0	1,776	39.86	6.75	$11,990
Nov 2004	0	1,791	45.28	6.33	$11,338
Oct 2004	0	2,015	49.70	6.52	$13,128
Sep 2004	0	1,887	43.24	5.28	$9,971
Aug 2004	0	1,961	42.37	5.55	$10,885
Jul 2004	0	2,018	38.28	6.08	$12,278
Jun 2004	0	2,330	36.10	6.43	$14,989
May 2004	0	2,262	37.48	6.49	$14,691
Apr 2004	0	1,551	34.47	5.86	$9,086
Mar 2004	185	1,674	34.36	5.53	$15,614
Feb 2004	0	1,598	32.45	5.51	$8,804
Jan 2004	0	1,857	32.03	6.30	$11,698
Dec 2003	0	1,687	30.26	6.30	$10,631
Nov 2003	0	1,814	28.80	4.60	$8,336
Oct 2003	0	1,940	28.17	4.76	$9,234
Sep 2003	0	1,984	26.31	4.75	$9,423
Aug 2003	0	1,874	29.76	5.13	$9,613
Jul 2003	0	2,049	29.41	5.17	$10,595
Jun 2003	0	2,132	28.56	5.98	$12,756
May 2003	0	2,256	26.59	5.97	$13,474
Apr 2003	0	2,418	26.67	5.41	$13,075
Mar 2003	0	2,601	31.14	6.10	$15,856
Feb 2003	0	2,394	33.48	7.93	$18,975
Jan 2003	0	2,592	30.31	5.58	$14,469
Dec 2002	0	2,412	26.91	4.85	$11,707
Nov 2002	0	2,271	24.66	4.14	$9,395
Oct 2002	0	2,441	26.46	4.23	$10,323
Sep 2002	0	2,304	27.44	3.64	$8,376
Aug 2002	0	2,392	25.96	3.16	$7,569
Jul 2002	0	2,399	24.58	3.06	$7,345
Jun 2002	0	2,322	23.73	3.34	$7,751
May 2002	0	2,533	24.66	3.58	$9,078
Apr 2002	0	2,525	23.65	3.51	$8,869
Mar 2002	194	2,570	22.00	3.10	$12,242
Feb 2002	0	2,363	18.22	2.38	$5,614
Jan 2002	0	2,639	17.17	2.38	$6,269
Dec 2001	0	2,698	16.93	2.36	$6,379
Nov 2001	0	2,642	18.07	2.41	$6,355
Oct 2001	0	2,786	19.78	2.53	$7,045
Sep 2001	0	2,717	24.26	2.25	$6,117
Aug 2001	0	2,861	24.87	3.05	$8,735
Jul 2001	0	2,896	23.93	3.20	$9,259
Jun 2001	0	2,696	24.56	3.82	$10,310
May 2001	0	2,907	25.52	4.31	$12,521
Apr 2001	0	2,822	24.68	5.34	$15,056
Mar 2001	0	2,923	24.54	5.38	$15,715
Feb 2001	0	2,641	27.75	5.77	$15,231
Jan 2001	0	2,927	27.47	8.40	$24,583
Dec 2000	0	2,938	26.88	9.12	$26,802
Nov 2000	0	2,813	32.21	5.66	$15,916
Oct 2000	0	2,921	31.23	5.15	$15,030
Sep 2000	0	2,787	31.87	5.19	$14,455
Aug 2000	185	2,890	29.64	4.54	$18,606
Jul 2000	0	2,920	28.53	4.09	$11,942
Jun 2000	0	2,824	29.30	4.40	$12,418
May 2000	0	2,959	27.26	3.68	$10,888
Apr 2000	0	2,881	24.51	3.12	$8,977
Mar 2000	0	2,935	28.42	2.86	$8,393
Feb 2000	0	2,751	27.62	2.73	$7,501
Jan 2000	0	2,963	25.27	2.48	$7,350
Dec 1999	0	2,972	24.28	2.42	$7,203
Nov 1999	0	2,882	23.19	2.43	$7,015
Oct 1999	0	2,960	20.98	2.80	$8,299
Sep 1999	0	2,878	21.75	2.62	$7,537
Aug 1999	0	2,714	19.26	2.88	$7,804
Jul 1999	0	2,911	17.89	2.37	$6,906
Jun 1999	0	2,835	15.94	2.36	$6,697
May 1999	181	2,954	15.79	2.32	$9,714
Apr 1999	0	2,842	15.10	2.21	$6,275
Mar 1999	0	2,972	12.47	1.84	$5,464
Feb 1999	0	3,026	9.98	1.82	$5,501
Jan 1999	0	3,193	10.38	1.90	$6,067
Dec 1998	0	2,910	9.20	1.77	$5,160
Nov 1998	0	2,909	10.89	2.19	$6,358
Oct 1998	0	3,125	12.42	1.97	$6,154
Sep 1998	0	4,448	12.59	2.08	$9,263
Aug 1998	0	3,475	11.30	1.91	$6,628
Jul 1998	0	3,231	11.74	2.24	$7,229
Jun 1998	0	2,829	11.24	2.24	$6,329
May 1998	0	3,001	12.62	2.21	$6,621
Apr 1998	0	3,285	13.04	2.51	$8,230
Mar 1998	0	3,054	12.80	2.31	$7,053
Feb 1998	0	3,007	13.95	2.30	$6,913
Jan 1998	0	3,167	14.70	2.15	$6,824
Dec 1997	196	3,180	16.32	2.41	$10,866
Nov 1997	0	3,301	18.19	3.09	$10,194
Oct 1997	0	3,356	19.25	3.15	$10,571
Sep 1997	0	3,203	17.74	2.95	$9,464
Aug 1997	0	3,265	17.86	2.55	$8,341
Jul 1997	0	3,410	17.58	2.25	$7,662
Jun 1997	0	3,433	17.24	2.26	$7,749
May 1997	0	3,487	18.97	2.31	$8,050
Apr 1997	0	3,478	17.88	2.08	$7,244
Mar 1997	0	3,500	18.95	1.94	$6,787
Feb 1997	0	3,167	20.49	2.21	$6,986
Jan 1997	0	3,436	23.48	3.54	$12,162
Dec 1996	0	2,822	23.32	—	$0
Nov 1996	0	3,078	21.97	—	$0
Oct 1996	0	4,002	23.31	—	$0
Sep 1996	0	2,753	22.22	—	$0
Aug 1996	181	2,753	20.26	—	$3,667
Jul 1996	0	4,289	19.55	—	$0
Jun 1996	0	3,543	18.73	—	$0
May 1996	0	3,430	19.43	—	$0
Apr 1996	0	3,109	21.51	—	$0
Mar 1996	0	4,052	19.38	—	$0
Feb 1996	0	3,742	16.98	—	$0
Jan 1996	0	3,746	17.07	—	$0
Dec 1995	0	4,018	17.19	—	$0
Nov 1995	0	3,863	16.00	—	$0
Oct 1995	0	3,834	15.43	—	$0
Sep 1995	0	3,271	16.18	—	$0
Aug 1995	0	3,857	15.92	—	$0
Jul 1995	0	3,895	15.24	—	$0
Jun 1995	0	3,806	16.41	—	$0
May 1995	0	3,919	17.56	—	$0
Apr 1995	189	3,837	17.73	—	$3,351
Mar 1995	0	4,063	16.44	—	$0
Feb 1995	0	3,586	16.58	—	$0
Jan 1995	0	4,143	15.92	—	$0
Dec 1994	0	4,005	15.03	—	$0
Nov 1994	0	4,674	15.90	—	$0
Oct 1994	0	1,750	15.58	—	$0
Sep 1994	0	3,783	15.29	—	$0
Aug 1994	0	3,902	16.13	—	$0
Jul 1994	0	4,392	17.56	—	$0
Jun 1994	0	4,046	17.09	—	$0
May 1994	178	4,327	15.88	—	$2,827
Apr 1994	0	4,060	14.14	—	$0
Mar 1994	0	4,331	12.46	—	$0
Feb 1994	0	3,610	12.50	—	$0
Jan 1994	0	4,134	12.66	—	$0
Dec 1993	0	4,043	12.33	—	$0
Nov 1993	0	4,260	14.49	—	$0
Oct 1993	0	4,132	15.85	—	$0
Sep 1993	0	4,113	15.03	—	$0
Aug 1993	0	4,196	15.66	—	$0
Jul 1993	173	4,285	15.46	—	$2,675
Jun 1993	0	4,062	16.79	—	$0
May 1993	0	4,089	17.68	—	$0
Apr 1993	0	4,458	18.05	—	$0
Mar 1993	0	4,426	18.14	—	$0
Feb 1993	0	4,259	17.90	—	$0
Jan 1993	0	4,474	16.93	—	$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.

May 2017 — as filed, then multipliedworked

Condensate             0 bbl  × $ 45.37 =         $0
Gas                  165 Mcf  × $  3.26 =       $538

────────────────────────────────────────────────────
Month total                                     $538

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/131855 is the state's own key, not one this site invented.