MCMILLAN

Operated by COCKRELL PRODUCTION CO., INC. (P-5 164305) in the HERMLEIGH (STRAWN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 65397District 8AField 40716333NGPA filingOilCasinghead gasSaveExport
Value, all time
$647 k
Jan 1993 – Apr 2018
Value, last 12 filed months
$2 k
at the published price for each month
Months reported
304
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 40 leases and 61 wells, and the rule below applies to all of them.

Discovered
1953-10-22
as the register files it
Field class
Oil
the register's own label
Between wells
1,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2006-08-01.

The Commission's schedule remark for this field reads: PSUEDO RULES FOR HORIZONTAL WELLS.

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
NGPA2none

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
OilDisposition22,436 bbl$585,745
Casinghead gasProduction56,972 Mcf$61,370
Total$647,115

34,888 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 (2)

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 32.6828, -100.7254. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

32.68280, -100.72539 · 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%
2 of 2 wells
With a plug date
100.0%
2 of 2 wells
Median depth
7,688 ft
2 wells filed one
Completion to plug
16.6 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
2100.0%
A plug date is filed
2100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
2100.0%
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

Between 7,625 and 7,750 ft, median 7,688 ft, over the 2 wells that filed a depth.

Completions filed
Jun 1985 – Dec 1987
2 of 2 wells
Plug dates filed
May 1994 – Feb 2012
2 of 2 wells

Last completion to plug: a median of 16.6 years across the 2 wells that filed both dates, with the middle half between 12.8 years and 20.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-4153291627,625 ftDec 1987Feb 2012Yes
42-4153275317,750 ftJun 1985May 1994Yes

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 (304)

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

304 months

Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 201824062.874.01$1,509
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
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 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 2010126078.394.39$9,877
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 2009178061.133.46$10,881
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 2009178046.773.59$8,325
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 2008178037.105.98$6,604
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 2008500110.3110.45$5,516
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 2007150088.337.30$13,250
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 2007179062.007.55$11,098
May 20070058.747.85$0
Apr 2007183059.617.81$10,909
Mar 20070056.927.30$0
Feb 2007175055.108.22$9,643
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 2006174054.207.62$9,431
Oct 20060054.906.01$0
Sep 2006174060.085.04$10,454
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 2006176066.286.38$11,665
May 20060066.016.42$0
Apr 2006169064.397.36$10,882
Mar 2006179056.707.08$10,149
Feb 20060057.597.75$0
Jan 2006180060.598.93$10,906
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 2005356058.3413.80$20,769
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 2005170055.697.84$9,467
Jun 20050052.337.38$0
May 2005175045.226.65$7,914
Apr 20050049.207.36$0
Mar 2005174050.377.15$8,764
Feb 20050045.226.31$0
Jan 2005177043.166.32$7,639
Dec 20040039.866.75$0
Nov 2004172045.286.33$7,788
Oct 20040049.706.52$0
Sep 2004179043.245.28$7,740
Aug 20040042.375.55$0
Jul 2004177038.286.08$6,776
Jun 20040036.106.43$0
May 2004182037.486.49$6,821
Apr 20040034.475.86$0
Mar 2004181034.365.53$6,219
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 2003176030.266.30$5,326
Nov 20030028.804.60$0
Oct 2003168028.174.76$4,733
Sep 20030026.314.75$0
Aug 2003134029.765.13$3,988
Jul 20030029.415.17$0
Jun 2003160028.565.98$4,570
May 20030026.595.97$0
Apr 2003157026.675.41$4,187
Mar 20030031.146.10$0
Feb 2003171033.487.93$5,725
Jan 20030030.315.58$0
Dec 2002179026.914.85$4,817
Nov 20020124.664.14$4
Oct 2002181026.464.23$4,789
Sep 20020327.443.64$11
Aug 20020125.963.16$3
Jul 20021485424.583.06$3,803
Jun 200203523.733.34$117
May 200217610324.663.58$4,709
Apr 200208523.653.51$299
Mar 20021674722.003.10$3,820
Feb 200201018.222.38$24
Jan 20020017.172.38$0
Dec 20011751716.932.36$3,003
Nov 200103318.072.41$79
Oct 200102419.782.53$61
Sep 20010824.262.25$18
Aug 20011798724.873.05$4,717
Jul 2001028223.933.20$902
Jun 200117423724.563.82$5,180
May 2001023725.524.31$1,021
Apr 200135724324.685.34$10,107
Mar 2001019224.545.38$1,032
Feb 2001032427.755.77$1,869
Jan 200117920227.478.40$6,614
Dec 200018219926.889.12$6,708
Nov 200018523532.215.66$7,288
Oct 2000015131.235.15$777
Sep 200018211331.875.19$6,386
Aug 200018015029.644.54$6,016
Jul 20001727928.534.09$5,230
Jun 2000012729.304.40$558
May 200017717827.263.68$5,480
Apr 2000026924.513.12$838
Mar 200017321928.422.86$5,543
Feb 200018320627.622.73$5,616
Jan 2000021825.272.48$541
Dec 199916924324.282.42$4,692
Nov 199918017523.192.43$4,600
Oct 199917924320.982.80$4,437
Sep 199917927821.752.62$4,621
Aug 199917528519.262.88$4,190
Jul 1999027017.892.37$641
Jun 1999020915.942.36$494
May 199918152415.792.32$4,074
Apr 1999048415.102.21$1,069
Mar 1999032312.471.84$594
Feb 19991754449.981.82$2,554
Jan 199917335010.381.90$2,461
Dec 199803529.201.77$624
Nov 199817359510.892.19$3,184
Oct 199817659512.421.97$3,358
Sep 199817518012.592.08$2,578
Aug 1998057411.301.91$1,095
Jul 199817556411.742.24$3,316
Jun 199817456311.242.24$3,215
May 199817062412.622.21$3,522
Apr 199818270213.042.51$4,132
Mar 199817975112.802.31$4,026
Feb 1998061613.952.30$1,416
Jan 199818460014.702.15$3,998
Dec 199718571716.322.41$4,748
Nov 199718119318.193.09$3,888
Oct 1997087419.253.15$2,753
Sep 199717869517.742.95$5,211
Aug 199718968117.862.55$5,115
Jul 199717730017.582.25$3,786
Jun 199718368217.242.26$4,694
May 199718064118.972.31$4,894
Apr 1997062917.882.08$1,310
Mar 199718464418.951.94$4,736
Feb 199718053420.492.21$4,866
Jan 199718258123.483.54$6,330
Dec 199618164823.32$4,221
Nov 1996056521.97$0
Oct 199618353723.31$4,266
Sep 199618472022.22$4,088
Aug 199618191920.26$3,667
Jul 199617472819.55$3,402
Jun 199618387618.73$3,428
May 199617966519.43$3,478
Apr 1996059421.51$0
Mar 199617773119.38$3,430
Feb 199618042616.98$3,056
Jan 199618356617.07$3,124
Dec 199518474117.19$3,163
Nov 199517965616.00$2,864
Oct 19951841,14815.43$2,839
Sep 199518072216.18$2,912
Aug 19951841,02215.92$2,929
Jul 199518291315.24$2,774
Jun 199518072716.41$2,954
May 199518074317.56$3,161
Apr 199518274317.73$3,227
Mar 199518477616.44$3,025
Feb 199518062016.58$2,984
Jan 199518470315.92$2,929
Dec 199418066115.03$2,705
Nov 199418164115.90$2,878
Oct 199418182115.58$2,820
Sep 199418065715.29$2,752
Aug 199418076216.13$2,903
Jul 199417980817.56$3,143
Jun 199418080617.09$3,076
May 199418276515.88$2,890
Apr 199418175814.14$2,559
Mar 199418271712.46$2,268
Feb 199418164212.50$2,263
Jan 199418492012.66$2,329
Dec 19933661,15512.33$4,513
Nov 199318165014.49$2,623
Oct 199318261715.85$2,885
Sep 199318169515.03$2,720
Aug 199318077815.66$2,819
Jul 199317955915.46$2,767
Jun 199317864516.79$2,989
May 199336562917.68$6,453
Apr 199318155618.05$3,267
Mar 199318477118.14$3,338
Feb 199318363717.90$3,276
Jan 199336874916.93$6,230

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.

Jan 2018 — as filed, then multipliedworked
Oil                   24 bbl  × $ 62.87 =     $1,509
Casinghead gas         0 Mcf  × $  4.01 =         $0

────────────────────────────────────────────────────
Month total                                   $1,509

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/65397 is the state's own key, not one this site invented.