MCCULLOCH "85"

Operated by HENRY PETROLEUM LP (P-5 378642) 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 65626District 8AField 88977284OilCasinghead gasSaveExport
Value, all time
$574 k
Jan 1993 – Jun 2008
Value, last 12 filed months
$49 k
at the published price for each month
Months reported
186
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
OilDisposition16,558 bbl$465,922
Casinghead gasProduction40,736 Mcf$107,962
Total$573,883

16,712 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 (186)

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

186 months

Jun 200800131.3313.03$0
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 200717812291.677.29$17,207
Oct 2007022982.856.92$1,585
Sep 200717622775.846.24$14,765
Aug 2007021569.066.39$1,373
Jul 200717025870.906.39$13,701
Jun 200717813962.007.55$12,085
May 2007022658.747.85$1,773
Apr 2007020859.617.81$1,623
Mar 200717822356.927.30$11,760
Feb 2007020855.108.22$1,709
Jan 200718122350.306.73$10,604
Dec 2006022356.656.92$1,543
Nov 200618020554.207.62$11,318
Oct 2006011954.906.01$716
Sep 2006182060.085.04$10,935
Aug 200602568.717.34$184
Jul 200615615569.376.34$11,805
Jun 2006011266.286.38$715
May 200607466.016.42$475
Apr 200616115364.397.36$11,493
Mar 200617715856.707.08$11,155
Feb 2006013257.597.75$1,023
Jan 200615212760.598.93$10,344
Dec 2005013854.9413.42$1,851
Nov 200517214354.6910.59$10,921
Oct 2005014458.3413.80$1,987
Sep 200517615461.4512.08$12,675
Aug 2005016261.519.80$1,587
Jul 200515413255.697.84$9,612
Jun 2005015152.337.38$1,115
May 200517315345.226.65$8,841
Apr 2005014849.207.36$1,089
Mar 200517015050.377.15$9,636
Feb 2005014845.226.31$934
Jan 200518017943.166.32$8,900
Dec 2004021539.866.75$1,451
Nov 20040345.286.33$19
Oct 20041801649.706.52$9,050
Sep 2004013843.245.28$729
Aug 2004016042.375.55$888
Jul 200417915838.286.08$7,813
Jun 200408736.106.43$560
May 200401237.486.49$78
Apr 200416815434.475.86$6,693
Mar 2004015434.365.53$852
Feb 200418013532.455.51$6,585
Jan 2004014332.036.30$901
Dec 200317114230.266.30$6,069
Nov 2003014528.804.60$666
Oct 200317715328.174.76$5,714
Sep 2003014526.314.75$689
Aug 200317115629.765.13$5,889
Jul 2003016129.415.17$833
Jun 200316115728.565.98$5,537
May 200317916826.595.97$5,763
Apr 2003012926.675.41$698
Mar 2003013031.146.10$792
Feb 200318913033.487.93$7,358
Jan 2003014530.315.58$809
Dec 200217914826.914.85$5,535
Nov 200218014024.664.14$5,018
Oct 2002015126.464.23$639
Sep 2002013127.443.64$476
Aug 200218111225.963.16$5,053
Jul 2002014124.583.06$432
Jun 200206423.733.34$214
May 2002182024.663.58$4,488
Apr 2002168023.653.51$3,973
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 200204517.172.38$107
Dec 200117420116.932.36$3,421
Nov 2001020218.072.41$486
Oct 200117121519.782.53$3,926
Sep 200117920524.262.25$4,804
Aug 2001020424.873.05$623
Jul 2001019323.933.20$617
Jun 200117718324.563.82$5,047
May 2001020625.524.31$887
Apr 200115421024.685.34$4,921
Mar 200116922124.545.38$5,335
Feb 200117020027.755.77$5,871
Jan 2001022127.478.40$1,856
Dec 2000023726.889.12$2,162
Nov 200016816832.215.66$6,362
Oct 2000022831.235.15$1,173
Sep 200017021031.875.19$6,507
Aug 2000019429.644.54$881
Jul 200016919828.534.09$5,631
Jun 2000021329.304.40$937
May 200016521927.263.68$5,304
Apr 2000016624.513.12$517
Mar 200016722228.422.86$5,381
Feb 2000022827.622.73$622
Jan 200016723925.272.48$4,813
Dec 1999023224.282.42$562
Nov 199917723623.192.43$4,679
Oct 1999024820.982.80$695
Sep 199917324021.752.62$4,391
Aug 1999123719.262.88$701
Jul 199917724217.892.37$3,741
Jun 1999023715.942.36$560
May 199918019615.792.32$3,297
Apr 199917924015.102.21$3,233
Mar 1999023112.471.84$425
Feb 199901859.981.82$336
Jan 199918125010.381.90$2,354
Dec 19981802549.201.77$2,106
Nov 1998023910.892.19$522
Oct 199853725712.421.97$7,176
Sep 1998025512.592.08$531
Aug 1998029211.301.91$557
Jul 1998035711.742.24$799
Jun 1998131211.242.24$709
May 1998030712.622.21$677
Apr 1998029113.042.51$729
Mar 199817429512.802.31$2,908
Feb 199818023813.952.30$3,058
Jan 1998025314.702.15$545
Dec 199718026616.322.41$3,579
Nov 1997026018.193.09$803
Oct 1997029819.253.15$939
Sep 199718029017.742.95$4,050
Aug 199718130817.862.55$4,020
Jul 1997033517.582.25$753
Jun 199717932317.242.26$3,815
May 1997030118.972.31$695
Apr 199718524517.882.08$3,818
Mar 199718225918.951.94$3,951
Feb 1997019820.492.21$437
Jan 1997020323.483.54$719
Dec 199617625123.32$4,104
Nov 1996028021.97$0
Oct 199618030723.31$4,196
Sep 199618033522.22$4,000
Aug 1996038320.26$0
Jul 199617534519.55$3,421
Jun 1996035118.73$0
May 199617833619.43$3,459
Apr 1996033021.51$0
Mar 199618432919.38$3,566
Feb 1996029316.98$0
Jan 199618233617.07$3,107
Dec 199518532217.19$3,180
Nov 1995026816.00$0
Oct 199517733915.43$2,731
Sep 1995133016.18$16
Aug 199518021515.92$2,866
Jul 1995131415.24$15
Jun 199518133116.41$2,970
May 199518135317.56$3,178
Apr 1995031817.73$0
Mar 199518334916.44$3,009
Feb 1995034116.58$0
Jan 199518136615.92$2,882
Dec 199418434315.03$2,766
Nov 1994132915.90$16
Oct 199417734315.58$2,758
Sep 1994035415.29$0
Aug 199417937016.13$2,887
Jul 199417637817.56$3,091
Jun 1994037617.09$0
May 199418239115.88$2,890
Apr 1994037014.14$0
Mar 199417137112.46$2,131
Feb 199418529812.50$2,313
Jan 1994033412.66$0
Dec 199316133712.33$1,985
Nov 199318234214.49$2,637
Oct 199318036115.85$2,853
Sep 1993038315.03$0
Aug 199317643915.66$2,756
Jul 199317646115.46$2,721
Jun 1993043216.79$0
May 199319741117.68$3,483
Apr 1993038218.05$0
Mar 199317738418.14$3,211
Feb 199318137817.90$3,240
Jan 199318242316.93$3,081

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.

Nov 2007 — as filed, then multipliedworked
Oil                  178 bbl  × $ 91.67 =    $16,317
Casinghead gas       122 Mcf  × $  7.29 =       $890

────────────────────────────────────────────────────
Month total                                  $17,207

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/65626 is the state's own key, not one this site invented.