MCGILL "12"

Operated by COMPASS ENERGY OPERATING, LLC (P-5 169751) in the SPRABERRY (TREND AREA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 262378District 7CField 85279200NGPA filingCondensateGasSaveExport
Value, all time
$512 k
Apr 2011 – May 2026
Value, last 12 filed months
$3 k
at the published price for each month
Months reported
182
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 7,461 leases and 22,481 wells, and the rule below applies to all of them.

Discovered
1904-12-31
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 2016-03-08.

The Commission's schedule remark for this field reads: AREA) 85279200.

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
CondensateDisposition344 bbl$26,761
GasProduction140,725 Mcf$485,284
Total$512,045

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 31.5058, -101.0826. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.50582, -101.08259 · 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
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
7,425 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
00.0%
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.
1100.0%

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 7,425 ft.

Completions filed
Apr 2011
1 of 1 wells

1 well

42-2353461837,425 ftApr 2011

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 (182)

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

182 months

May 2026065106.413.05$198
Apr 202606698.932.87$189
Mar 202606189.753.15$192
Feb 202602663.503.75$98
Jan 202607859.138.00$624
Dec 202507656.664.41$335
Nov 202507558.593.93$294
Oct 202508059.383.30$264
Sep 202507762.743.08$237
Aug 202507563.933.01$226
Jul 202507966.743.32$262
Jun 202507966.483.13$247
May 202508060.553.23$259
Apr 202508462.363.54$298
Mar 202508967.704.27$380
Feb 202507770.884.34$334
Jan 202509474.324.28$402
Dec 202409968.993.12$309
Nov 202409869.052.20$215
Oct 2024010471.372.28$237
Sep 2024010169.612.36$239
Aug 2024010375.632.06$213
Jul 2024010679.932.15$228
Jun 2024010578.082.63$277
May 2024011178.812.20$244
Apr 202409784.451.66$161
Mar 2024010680.301.55$164
Feb 2024010476.091.78$186
Jan 2024011073.023.30$363
Dec 2023010271.262.61$266
Nov 2023010077.892.81$281
Oct 2023010985.443.09$337
Sep 2023010789.042.74$293
Aug 2023011280.522.67$299
Jul 2023010574.852.64$277
Jun 2023010968.962.26$246
May 2023011370.622.23$252
Apr 2023011078.122.24$246
Mar 2023011272.852.39$268
Feb 2023010475.112.47$256
Jan 2023011376.533.39$383
Dec 2022011776.415.73$670
Nov 2022011085.005.65$621
Oct 2022011687.185.86$680
Sep 2022011284.888.16$914
Aug 202206994.529.13$630
Jul 2022071101.587.54$535
Jun 2022059115.097.98$471
May 2022071109.378.43$599
Apr 2022069104.226.84$472
Mar 2022070108.885.08$355
Feb 202205991.054.86$287
Jan 202207081.844.54$318
Dec 202106871.323.90$265
Nov 202104877.435.24$251
Oct 202106179.795.71$349
Sep 202106169.865.35$326
Aug 202106366.024.22$266
Jul 202106670.783.98$263
Jun 202106569.493.38$220
May 202107263.483.02$217
Apr 202107560.362.76$207
Mar 202107561.302.72$204
Feb 202106657.805.55$366
Jan 202107550.412.81$211
Dec 202006444.642.68$171
Nov 202005538.772.71$149
Oct 202007336.972.48$181
Sep 202005937.091.99$117
Aug 202006039.982.39$143
Jul 202006438.371.83$117
Jun 202006134.901.69$103
May 202006616.921.81$120
Apr 2020012214.751.80$220
Mar 2020014630.341.86$271
Feb 2020024049.881.98$475
Jan 2020028257.252.09$591
Dec 2019028359.012.30$652
Nov 2019030755.302.75$844
Oct 2019035753.472.42$863
Sep 2019037455.052.66$994
Aug 2019040553.112.30$933
Jul 2019039256.272.46$964
Jun 2019040952.782.49$1,019
May 2019039558.482.74$1,082
Apr 2019044362.632.75$1,219
Mar 2019049256.803.06$1,507
Feb 2019045750.852.79$1,276
Jan 2019051246.033.23$1,653
Dec 20183952146.594.19$3,998
Nov 2018049752.934.24$2,106
Oct 2018051561.443.40$1,750
Sep 2018051359.543.11$1,594
Aug 2018054259.403.07$1,662
Jul 2018057565.142.93$1,686
Jun 2018054660.183.08$1,680
May 2018054965.382.90$1,593
Apr 2018051563.842.90$1,494
Mar 2018057461.222.79$1,600
Feb 2018053061.782.77$1,466
Jan 2018057862.874.01$2,317
Dec 2017052557.272.92$1,534
Nov 2017049755.423.12$1,550
Oct 2017053049.292.98$1,581
Sep 2017052047.523.09$1,605
Aug 2017053545.373.00$1,607
Jul 2017054843.873.09$1,692
Jun 2017053342.493.09$1,646
May 2017057645.373.26$1,880
Apr 2017055547.933.21$1,782
Mar 2017060746.772.98$1,811
Feb 2017056850.452.95$1,677
Jan 2017068049.413.42$2,325
Dec 20164272748.763.72$4,754
Nov 2016065142.492.64$1,721
Oct 2016066946.193.09$2,067
Sep 2016067241.553.10$2,084
Aug 2016073041.442.92$2,135
Jul 2016074541.622.92$2,179
Jun 2016065145.352.69$1,748
May 2016068942.521.99$1,372
Apr 2016068436.561.99$1,362
Mar 2016072633.011.79$1,302
Feb 2016068726.472.06$1,418
Jan 2016075127.352.36$1,776
Dec 2015075432.362.00$1,509
Nov 2015075438.792.17$1,634
Oct 2015094543.552.43$2,293
Sep 2015098542.992.76$2,717
Aug 201501,03140.162.87$2,962
Jul 201501,11548.152.95$3,284
Jun 201501,12156.152.88$3,232
May 201501,06755.212.96$3,153
Apr 2015098449.822.71$2,663
Mar 20154699942.892.93$4,905
Feb 2015090544.662.98$2,693
Jan 201501,11543.433.10$3,457
Dec 201401,20354.693.59$4,320
Nov 201401,11170.464.25$4,724
Oct 201401,23978.303.90$4,833
Sep 201401,26086.164.05$5,097
Aug 201401,21289.394.04$4,891
Jul 201401,27796.564.18$5,337
Jun 201401,28698.164.74$6,092
May 201401,33294.734.73$6,296
Apr 201401,22495.944.81$5,886
Mar 201401,34495.895.06$6,796
Feb 2014571,30197.406.19$13,608
Jan 201401,51490.404.86$7,359
Dec 201301,54891.824.35$6,741
Nov 201301,44088.853.74$5,383
Oct 201301,57197.423.78$5,937
Sep 201301,537104.113.72$5,714
Aug 201301,621104.253.52$5,710
Jul 201301,695102.523.72$6,302
Jun 201301,67394.403.93$6,581
May 201301,79194.834.15$7,431
Apr 201301,80593.964.28$7,730
Mar 201301,92493.623.91$7,528
Feb 201301,79091.233.42$6,122
Jan 2013612,04991.603.42$12,595
Dec 201202,10786.773.42$7,206
Nov 201202,14386.953.62$7,768
Oct 201202,29989.383.40$7,816
Sep 201202,33894.672.92$6,823
Aug 201202,49392.662.91$7,250
Jul 201202,50885.133.02$7,576
Jun 201202,55479.822.52$6,434
May 201202,78091.612.49$6,918
Apr 201202,870101.652.00$5,731
Mar 201212,977105.052.22$6,720
Feb 2012702,911101.102.57$14,559
Jan 201202,94398.092.73$8,046
Dec 201102,39096.873.24$7,743
Nov 201102,62095.723.31$8,676
Oct 201102,77184.983.65$10,110
Sep 201103,05883.623.99$12,189
Aug 201103,39783.404.15$14,095
Jul 201103,41694.144.52$15,431
Jun 2011283,58892.904.64$19,249
May 201104,19498.134.40$18,474
Apr 201103,628105.964.33$15,721

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 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $106.41 =         $0
Gas                   65 Mcf  × $  3.05 =       $198

────────────────────────────────────────────────────
Month total                                     $198

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/262378 is the state's own key, not one this site invented.