POWDERHORN CO.

Operated by TRI-UNION DEVELOPMENT CORP. (P-5 871137) in the POWDERHORN (4 SAND) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 2420District 02Field 72781639OilCasinghead gasSaveExport
Value, all time
$496 k
Jan 1993 – Mar 2001
Value, last 12 filed months
$2 k
at the published price for each month
Months reported
99
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 4 leases and 8 wells, and the rule below applies to all of them.

Discovered
1959-01-15
as the register files it
Field class
Oil and gas
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
OilDisposition28,420 bbl$478,273
Casinghead gasProduction34,954 Mcf$17,944
Total$496,217

27,384 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 (5)

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 28.4715, -96.5109. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.5 miles.

28.47147, -96.51057 · 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%
5 of 5 wells
With a plug date
80.0%
4 of 5 wells
Median depth
5,393 ft
4 wells filed one
Completion to plug
24.9 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
5100.0%
A plug date is filed
480.0%
BothOn the schedule and plugged. Neither fact cancels the other.
480.0%
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 5,203 and 5,412 ft, median 5,393 ft, over the 4 wells that filed a depth.

Completions filed
Feb 1977 – Jul 1983
2 of 5 wells; 3 filed none
Plug dates filed
Feb 1979 – Oct 2021
4 of 5 wells; 1 filed none

Last completion to plug: a median of 24.9 years across the 2 wells that filed both dates, with the middle half between 18.2 years and 31.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

5 wells

42-05700945115,374 ftSep 1983Yes
42-057009825 T5,412 ftFeb 1979Yes
42-057802848Yes
42-05700944105,412 ftJul 1983Oct 2021Yes
42-05730298155,203 ftFeb 1977Aug 1988Yes

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 (99)

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

99 months

Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 200073026.889.12$1,962
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 200010031.875.19$319
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 20000029.304.40$0
May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 20000028.422.86$0
Feb 20000027.622.73$0
Jan 20000025.272.48$0
Dec 19990024.282.42$0
Nov 19990023.192.43$0
Oct 19990020.982.80$0
Sep 19990021.752.62$0
Aug 19990019.262.88$0
Jul 19990017.892.37$0
Jun 19990015.942.36$0
May 1999024715.792.32$573
Apr 1999022215.102.21$490
Mar 1999019412.471.84$357
Feb 19990919.981.82$165
Jan 19990010.381.90$0
Dec 1998009.201.77$0
Nov 19980010.892.19$0
Oct 1998014612.421.97$288
Sep 1998038312.592.08$798
Aug 199815226411.301.91$2,221
Jul 1998026011.742.24$582
Jun 199835126511.242.24$4,538
May 199850931812.622.21$7,125
Apr 199816625613.042.51$2,806
Mar 199834632012.802.31$5,168
Feb 199833828613.952.30$5,373
Jan 199834029414.702.15$5,632
Dec 199733325516.322.41$6,049
Nov 199717825118.193.09$4,013
Oct 199717222719.253.15$4,026
Sep 199733227917.742.95$6,714
Aug 199716724917.862.55$3,619
Jul 199733926317.582.25$6,551
Jun 199734024917.242.26$6,424
May 199734634818.972.31$7,367
Apr 199751238617.882.08$9,959
Mar 199716641418.951.94$3,949
Feb 199733960820.492.21$8,287
Jan 199717549523.483.54$5,861
Dec 199616618823.32$3,871
Nov 199634212421.97$7,514
Oct 199650610123.31$11,795
Sep 199650734022.22$11,266
Aug 199650660520.26$10,252
Jul 19961,0071,53219.55$19,687
Jun 19968332,39518.73$15,602
May 199683729919.43$16,263
Apr 199633126421.51$7,120
Mar 199633524919.38$6,492
Feb 199633525716.98$5,688
Jan 199650525517.07$8,620
Dec 199534747617.19$5,965
Nov 199533761816.00$5,392
Oct 199551145815.43$7,885
Sep 199534384016.18$5,550
Aug 199551781515.92$8,231
Jul 199533158515.24$5,044
Jun 199547972016.41$7,860
May 199551255517.56$8,991
Apr 199534431317.73$6,099
Mar 199551342316.44$8,434
Feb 199552444616.58$8,688
Jan 199534967615.92$5,556
Dec 199452277315.03$7,846
Nov 199450948315.90$8,093
Oct 199451883115.58$8,070
Sep 199452177315.29$7,966
Aug 199450959116.13$8,210
Jul 199464760217.56$11,361
Jun 199448259717.09$8,237
May 199465576515.88$10,401
Apr 199467247214.14$9,502
Mar 199435831812.46$4,461
Feb 199456831312.50$7,100
Jan 199439431712.66$4,988
Dec 199337752612.33$4,648
Nov 199339961014.49$5,782
Oct 199357761515.85$9,145
Sep 199337099615.03$5,561
Aug 199356751915.66$8,879
Jul 199376566115.46$11,827
Jun 199339739216.79$6,666
May 199319553817.68$3,448
Apr 199320368818.05$3,664
Mar 199329841318.14$5,406
Feb 199338137217.90$6,820
Jan 199353568516.93$9,058

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 2000 — as filed, then multipliedworked
Oil                   73 bbl  × $ 26.88 =     $1,962
Casinghead gas         0 Mcf  × $  9.12 =         $0

────────────────────────────────────────────────────
Month total                                   $1,962

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. 02/O/2420 is the state's own key, not one this site invented.