MCELROY RANCH CO. "F"

Operated by UMC PETROLEUM CORPORATION (P-5 875595) in the BLOCK 42 (PENN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 143620District 7CField 09450200CondensateGasSaveExport
Value, all time
$40 k
Jan 1993 – Oct 1997
Value, last 12 filed months
$13 k
at the published price for each month
Months reported
58
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 25 leases and 57 wells, and the rule below applies to all of them.

Discovered
1956-12-15
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 Commission's schedule remark for this field reads: CONS BLOCK 42 (STRAWN)&BLOCK 42 (STRAWN, LO.) PER DOC 94259 4-1-90

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
CondensateDisposition1,721 bbl$26,468
GasProduction193,744 Mcf$13,155
Total$39,622

188,293 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 31.5189, -102.2840. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.51886, -102.28405 · 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
11,021 ft
1 wells filed one
Completion to plug
16.4 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 11,021 ft.

Completions filed
Oct 1997
1 of 1 wells
Plug dates filed
Mar 2014
1 of 1 wells

Last completion to plug: a median of 16.4 years across the 1 well that filed both dates, with the middle half between 16.4 years and 16.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-461100551011,021 ftOct 1997Mar 2014Yes

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

Oct 19970019.253.15$0
Sep 1997032917.742.95$972
Aug 1997075617.862.55$1,931
Jul 1997079617.582.25$1,789
Jun 1997050517.242.26$1,140
May 1997061718.972.31$1,424
Apr 1997063517.882.08$1,323
Mar 1997069418.951.94$1,346
Feb 1997054820.492.21$1,209
Jan 1997057123.483.54$2,021
Dec 1996055523.32$0
Nov 1996058921.97$0
Oct 1996063123.31$0
Sep 1996071522.22$0
Aug 1996041920.26$0
Jul 1996039119.55$0
Jun 1996031818.73$0
May 1996036319.43$0
Apr 1996035621.51$0
Mar 1996029419.38$0
Feb 1996026716.98$0
Jan 1996025517.07$0
Dec 1995022117.19$0
Nov 1995027116.00$0
Oct 1995031015.43$0
Sep 1995330816.18$49
Aug 1995334315.92$48
Jul 1995336415.24$46
Jun 1995329416.41$49
May 1995340817.56$53
Apr 1995329117.73$53
Mar 1995435316.44$66
Feb 1995331316.58$50
Jan 1995331415.92$48
Dec 1994336215.03$45
Nov 1994332215.90$48
Oct 1994730415.58$109
Sep 1994785,96115.29$1,193
Aug 1994756,52316.13$1,210
Jul 1994795,95417.56$1,387
Jun 1994686,31317.09$1,162
May 1994604,58615.88$953
Apr 1994352,52314.14$495
Mar 1994764,37912.46$947
Feb 1994576,06412.50$713
Jan 19942188,82612.66$2,760
Dec 19931037,44012.33$1,270
Nov 1993957,58714.49$1,377
Oct 19931056,72715.85$1,664
Sep 19939610,45515.03$1,443
Aug 19936411,71215.66$1,002
Jul 19933810,49815.46$587
Jun 19935813,76016.79$974
May 199315612,89917.68$2,758
Apr 19932212,39918.05$397
Mar 1993798,62818.14$1,433
Feb 19938624,75817.90$1,539
Jan 19933237016.93$542

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.

Sep 1997 — as filed, then multipliedworked
Condensate             0 bbl  × $ 17.74 =         $0
Gas                  329 Mcf  × $  2.95 =       $972

────────────────────────────────────────────────────
Month total                                     $972

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/143620 is the state's own key, not one this site invented.