MCGREGOR1186

Operated by LEGACY RESERVES OPERATING LP (P-5 495445) in the MICKEY MAC (WOLFCAMP) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 15781District 7CField 61007800OilCasinghead gasSaveExport
Value, all time
$750 k
Feb 2005 – Feb 2016
Value, last 12 filed months
$2 k
at the published price for each month
Months reported
133
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
2005-02-17
as the register files it
Field class
Oil
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 field rule took effect on 2005-09-01.

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
OilDisposition9,504 bbl$616,916
Casinghead gasProduction19,282 Mcf$132,966
Total$749,882

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 31.0969, -100.6076. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.09686, -100.60760 · 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
5,048 ft
1 wells filed one
Completion to plug
9.4 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 5,048 ft.

Completions filed
Feb 2005
1 of 1 wells
Plug dates filed
Jul 2014
1 of 1 wells

Last completion to plug: a median of 9.4 years across the 1 well that filed both dates, with the middle half between 9.4 years and 9.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4513247415,048 ftFeb 2005Jul 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 (133)

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

133 months

Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20152032.362.00$65
Nov 20155038.792.17$194
Oct 20155043.552.43$218
Sep 20155042.992.76$215
Aug 20155040.162.87$201
Jul 20155048.152.95$241
Jun 20155056.152.88$281
May 20155055.212.96$276
Apr 20155049.822.71$249
Mar 20155042.892.93$214
Feb 20155044.662.98$223
Jan 20155043.433.10$217
Dec 20145054.693.59$273
Nov 20145070.464.25$352
Oct 20145078.303.90$392
Sep 20145086.164.05$431
Aug 2014166089.394.04$14,839
Jul 20140096.564.18$0
Jun 2014013098.164.74$616
May 2014013094.734.73$614
Apr 2014013095.944.81$625
Mar 2014013095.895.06$657
Feb 2014013097.406.19$805
Jan 2014013090.404.86$632
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 20133550104.253.52$37,009
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 201101092.904.64$46
May 20110198.134.40$4
Apr 201101105.964.33$4
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 2011185286.504.59$16,012
Dec 201003485.734.35$148
Nov 201001180.843.80$42
Oct 201001578.103.51$53
Sep 20101072.633.98$73
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 201011470.364.91$139
May 201002071.124.24$85
Apr 201009781.694.12$400
Mar 201036510078.394.39$29,051
Feb 201004873.585.44$261
Jan 2010314174.365.96$1,064
Dec 2009021171.445.48$1,157
Nov 200909574.593.75$356
Oct 2009016072.544.11$658
Sep 2009022565.543.06$690
Aug 2009021567.423.22$692
Jul 2009127261.133.46$1,003
Jun 2009020066.163.90$779
May 2009019454.743.93$762
Apr 2009020046.773.59$718
Mar 200936926742.144.06$16,633
Feb 2009027432.814.63$1,269
Jan 2009031435.865.37$1,686
Dec 2008034337.105.98$2,050
Nov 2008031155.496.86$2,134
Oct 2008227775.246.92$2,068
Sep 20080267101.767.88$2,103
Aug 20081284114.228.48$2,523
Jul 20080293131.0811.39$3,337
Jun 20081304131.3313.03$4,093
May 2008369336123.1711.57$49,339
Apr 20080334110.3110.45$3,492
Mar 20080388101.909.66$3,750
Feb 2008137692.538.77$3,390
Jan 2008135490.388.21$2,995
Dec 2007036988.337.30$2,694
Nov 2007014791.677.29$1,072
Oct 200755223682.856.92$47,367
Sep 2007029175.846.24$1,817
Aug 2007023869.066.39$1,520
Jul 200736627870.906.39$27,725
Jun 2007029862.007.55$2,249
May 2007032258.747.85$2,527
Apr 2007236659.617.81$2,976
Mar 200718539156.927.30$13,385
Feb 2007133855.108.22$2,832
Jan 200738145850.306.73$22,245
Dec 2006156156.656.92$3,938
Nov 2006151054.207.62$3,939
Oct 200654054154.906.01$32,899
Sep 2006157660.085.04$2,962
Aug 2006163768.717.34$4,744
Jul 200636164969.376.34$29,159
Jun 2006390866.286.38$5,995
May 200636593166.016.42$30,075
Apr 200635971064.397.36$28,342
Mar 2006173456.707.08$5,256
Feb 200636046757.597.75$24,352
Jan 200637251460.598.93$27,131
Dec 20053794454.9413.42$21,413
Nov 20051054.6910.59$55
Oct 2005755058.3413.80$44,047
Sep 20052061.4512.08$123
Aug 2005734061.519.80$45,148
Jul 2005376055.697.84$20,939
Jun 20051,099052.337.38$57,511
May 2005385045.226.65$17,410
Apr 200520049.207.36$984
Mar 20053050.377.15$151
Feb 20050045.226.31$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.

Dec 2015 — as filed, then multipliedworked
Oil                    2 bbl  × $ 32.36 =        $65
Casinghead gas         0 Mcf  × $  2.00 =         $0

────────────────────────────────────────────────────
Month total                                      $65

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/O/15781 is the state's own key, not one this site invented.