POWERS-SWAIM UNIT

Operated by WYNN-CROSBY OPERATING, LTD. (P-5 945581) in the PARROT HEAD (WALES) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 14718District 01Field 69395475OilSave
Value, all time
$3.0 M
Oct 2005 – Jul 2013
Value, last 12 filed months
$0
at the published price for each month
Months reported
94
no gaps in the span
Streams
1
oil

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
OilDisposition44,502 bbl$3,034,419
Total$3,034,419

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 28.5317, -98.5384. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.53166, -98.53843 · 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
0.0%
0 of 1 wells
Median depth
5,840 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
1100.0%
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.
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 5,840 ft.

Completions filed
Aug 2012
1 of 1 wells

1 well

42-3113384615,840 ftAug 2012Yes

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 (94)

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

94 months

Jul 20130102.523.72$0
Jun 2013094.403.93$0
May 2013094.834.15$0
Apr 2013093.964.28$0
Mar 2013093.623.91$0
Feb 2013091.233.42$0
Jan 2013091.603.42$0
Dec 2012086.773.42$0
Nov 2012086.953.62$0
Oct 2012089.383.40$0
Sep 2012094.672.92$0
Aug 2012092.662.91$0
Jul 201240685.133.02$34,563
Jun 201216979.822.52$13,490
May 201233291.612.49$30,415
Apr 2012173101.652.00$17,585
Mar 2012152105.052.22$15,968
Feb 2012152101.102.57$15,367
Jan 201232098.092.73$31,389
Dec 201117196.873.24$16,565
Nov 201117095.723.31$16,272
Oct 201134184.983.65$28,978
Sep 201117083.623.99$14,215
Aug 201117083.404.15$14,178
Jul 201132894.144.52$30,878
Jun 201117592.904.64$16,258
May 201151498.134.40$50,439
Apr 2011171105.964.33$18,119
Mar 201115796.364.06$15,129
Feb 201133385.644.18$28,518
Jan 201134986.504.59$30,189
Dec 201017285.734.35$14,746
Nov 201033080.843.80$26,677
Oct 201017378.103.51$13,511
Sep 201034972.633.98$25,348
Aug 201036373.684.42$26,746
Jul 201033772.554.74$24,449
Jun 201017470.364.91$12,243
May 201034371.124.24$24,394
Apr 201016781.694.12$13,642
Mar 201032278.394.39$25,242
Feb 201034773.585.44$25,532
Jan 201032074.365.96$23,795
Dec 200934171.445.48$24,361
Nov 200931674.593.75$23,570
Oct 200934172.544.11$24,736
Sep 200934965.543.06$22,873
Aug 200917867.423.22$12,001
Jul 200949661.133.46$30,320
Jun 200955366.163.90$36,586
May 200933654.743.93$18,393
Apr 200934846.773.59$16,276
Mar 200952042.144.06$21,913
Feb 200935532.814.63$11,648
Jan 200950835.865.37$18,217
Dec 200835437.105.98$13,133
Nov 200835955.496.86$19,921
Oct 200851275.246.92$38,523
Sep 20080101.767.88$0
Aug 2008349114.228.48$39,863
Jul 2008183131.0811.39$23,988
Jun 2008347131.3313.03$45,572
May 2008344123.1711.57$42,370
Apr 2008361110.3110.45$39,822
Mar 2008353101.909.66$35,971
Feb 200834792.538.77$32,108
Jan 200853790.388.21$48,534
Dec 200752888.337.30$46,638
Nov 200735991.677.29$32,910
Oct 200752082.856.92$43,082
Sep 200752475.846.24$39,740
Aug 200769769.066.39$48,135
Jul 200752370.906.39$37,081
Jun 200734462.007.55$21,328
May 200771458.747.85$41,940
Apr 200768859.617.81$41,012
Mar 200790256.927.30$51,342
Feb 200754455.108.22$29,974
Jan 200789550.306.73$45,019
Dec 200687356.656.92$49,455
Nov 200688454.207.62$47,913
Oct 20061,00454.906.01$55,120
Sep 200688360.085.04$53,051
Aug 20061,07968.717.34$74,138
Jul 20061,04969.376.34$72,769
Jun 20061,42866.286.38$94,648
May 20061,38766.016.42$91,556
Apr 20061,24464.397.36$80,101
Mar 20061,43756.707.08$81,478
Feb 20061,61357.597.75$92,893
Jan 20061,77660.598.93$107,608
Dec 20051,84154.9413.42$101,145
Nov 20052,85254.6910.59$155,976
Oct 20051,07758.3413.80$62,832

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.

Jul 2012 — as filed, then multipliedworked
Oil                  406 bbl  × $ 85.13 =    $34,563

────────────────────────────────────────────────────
Month total                                  $34,563

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. 01/O/14718 is the state's own key, not one this site invented.