MCCULLOCH "A"

Operated by JM COX RESOURCES, L.P. (P-5 433075) in the TEX-HAMON (DEAN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 60918District 8AField 88977284OilCasinghead gasSaveExport
Value, all time
$558 k
Jan 1993 – May 2008
Value, last 12 filed months
$13 k
at the published price for each month
Months reported
185
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 96 leases and 121 wells, and the rule below applies to all of them.

Discovered
1967-09-30
as the register files it
Field class
Oil
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

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
OilDisposition21,104 bbl$496,767
Casinghead gasProduction35,303 Mcf$60,783
Total$557,550

18,800 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.

Every month this lease reported (185)

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

185 months

May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 200753069.066.39$3,660
Jul 20070070.906.39$0
Jun 2007151062.007.55$9,362
May 20070058.747.85$0
Apr 20070259.617.81$16
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 200604956.656.92$339
Nov 20061262354.207.62$7,004
Oct 20060054.906.01$0
Sep 20060360.085.04$15
Aug 20060268.717.34$15
Jul 20060469.376.34$25
Jun 20061483466.286.38$10,026
May 200601066.016.42$64
Apr 20060064.397.36$0
Mar 20061299356.707.08$7,973
Feb 20061065457.597.75$6,523
Jan 20060060.598.93$0
Dec 2005145054.9413.42$7,966
Nov 20050054.6910.59$0
Oct 2005141058.3413.80$8,226
Sep 2005149061.4512.08$9,156
Aug 20050061.519.80$0
Jul 2005130055.697.84$7,240
Jun 2005146052.337.38$7,640
May 2005158045.226.65$7,145
Apr 20050049.207.36$0
Mar 20051672450.377.15$8,584
Feb 200508445.226.31$530
Jan 20051696343.166.32$7,692
Dec 200404939.866.75$331
Nov 20041606045.286.33$7,625
Oct 200403749.706.52$241
Sep 20041605943.245.28$7,230
Aug 200405242.375.55$289
Jul 20041594838.286.08$6,379
Jun 200402136.106.43$135
May 20041661737.486.49$6,332
Apr 20040634.475.86$35
Mar 20040134.365.53$6
Feb 20040432.455.51$22
Jan 2004012332.036.30$775
Dec 200314817130.266.30$5,556
Nov 2003015728.804.60$721
Oct 200316417828.174.76$5,467
Sep 200316018826.314.75$5,102
Aug 2003016029.765.13$821
Jul 200315315929.415.17$5,322
Jun 2003015928.565.98$951
May 200316520926.595.97$5,636
Apr 200316820426.675.41$5,584
Mar 200316718531.146.10$6,328
Feb 2003018033.487.93$1,427
Jan 200317020730.315.58$6,308
Dec 200216418526.914.85$5,311
Nov 2002019424.664.14$803
Oct 200216920826.464.23$5,351
Sep 200217821527.443.64$5,666
Aug 200216122625.963.16$4,895
Jul 2002021724.583.06$664
Jun 200216619623.733.34$4,593
May 200215621324.663.58$4,610
Apr 200216719123.653.51$4,620
Mar 2002020022.003.10$621
Feb 200216518118.222.38$3,436
Jan 200217920717.172.38$3,565
Dec 200115820416.932.36$3,157
Nov 2001020518.072.41$493
Oct 200115022219.782.53$3,528
Sep 200116720524.262.25$4,513
Aug 200116814024.873.05$4,606
Jul 2001121523.933.20$711
Jun 200113720424.563.82$4,145
May 200116921125.524.31$5,222
Apr 200117011424.685.34$4,804
Mar 200117012624.545.38$4,849
Feb 2001017127.755.77$986
Jan 200114818527.478.40$5,619
Dec 200015716726.889.12$5,744
Nov 200016017532.215.66$6,144
Oct 200017419531.235.15$6,437
Sep 2000019731.875.19$1,022
Aug 200014120529.644.54$5,110
Jul 200016620128.534.09$5,558
Jun 200017719529.304.40$6,044
May 200017721227.263.68$5,605
Apr 2000018424.513.12$573
Mar 200016119228.422.86$5,125
Feb 200017315927.622.73$5,212
Jan 200016618525.272.48$4,654
Dec 1999020824.282.42$504
Nov 199917718323.192.43$4,550
Oct 199916818620.982.80$4,046
Sep 199917218021.752.62$4,212
Aug 1999018619.262.88$535
Jul 199916517317.892.37$3,362
Jun 199917116115.942.36$3,106
May 1999016715.792.32$388
Apr 199916515115.102.21$2,825
Mar 199917115112.471.84$2,410
Feb 199901149.981.82$207
Jan 1999162010.381.90$1,682
Dec 19980369.201.77$64
Nov 199801410.892.19$31
Oct 199811112.421.97$34
Sep 199815615612.592.08$2,289
Aug 199816627911.301.91$2,408
Jul 199817126111.742.24$2,591
Jun 199816426311.242.24$2,432
May 1998020812.622.21$459
Apr 199817127213.042.51$2,911
Mar 199816929312.802.31$2,840
Feb 199817625513.952.30$3,041
Jan 199816827614.702.15$3,064
Dec 199717224316.322.41$3,393
Nov 199716723318.193.09$3,757
Oct 199716820619.253.15$3,883
Sep 1997015617.742.95$461
Aug 199716127017.862.55$3,565
Jul 199717019917.582.25$3,436
Jun 199716419117.242.26$3,258
May 199717319818.972.31$3,739
Apr 19971626017.882.08$3,022
Mar 199717719918.951.94$3,740
Feb 199716718820.492.21$3,837
Jan 1997019523.483.54$690
Dec 199617621323.32$4,104
Nov 199616020121.97$3,515
Oct 199617513123.31$4,079
Sep 199616426222.22$3,644
Aug 1996146220.26$20
Jul 199617247719.55$3,363
Jun 199616446418.73$3,072
May 199617246919.43$3,342
Apr 199616444721.51$3,528
Mar 199617243619.38$3,333
Feb 199616937616.98$2,870
Jan 199617944217.07$3,056
Dec 199516745017.19$2,871
Nov 199517843416.00$2,848
Oct 199516342915.43$2,515
Sep 199517443316.18$2,815
Aug 199516745515.92$2,659
Jul 199517145115.24$2,606
Jun 199516244716.41$2,658
May 199516241517.56$2,845
Apr 199516544517.73$2,925
Mar 199517042116.44$2,795
Feb 199516341616.58$2,703
Jan 199517641315.92$2,802
Dec 199416840715.03$2,525
Nov 199434041815.90$5,406
Oct 199417943315.58$2,789
Sep 199416744415.29$2,553
Aug 199418144516.13$2,920
Jul 199416547017.56$2,897
Jun 199417643017.09$3,008
May 199416746415.88$2,652
Apr 199417143414.14$2,418
Mar 199416244812.46$2,019
Feb 199417236512.50$2,150
Jan 199416738112.66$2,114
Dec 199333534412.33$4,131
Nov 199317735114.49$2,565
Oct 199316838415.85$2,663
Sep 199317438415.03$2,615
Aug 199316143615.66$2,521
Jul 199316833715.46$2,597
Jun 199332141116.79$5,390
May 199316538217.68$2,917
Apr 199317534018.05$3,159
Mar 199316129918.14$2,921
Feb 199317122717.90$3,061
Jan 1993017716.93$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.

Aug 2007 — as filed, then multipliedworked
Oil                   53 bbl  × $ 69.06 =     $3,660
Casinghead gas         0 Mcf  × $  6.39 =         $0

────────────────────────────────────────────────────
Month total                                   $3,660

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. 8A/O/60918 is the state's own key, not one this site invented.