DOW POWDERHORN RANCH-EDC

Name: DOW POWDERHORN RANCH-EDC lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by PITCO INVESTMENTS, LTD. (P-5 665868) in the POWDERHORN,S.W.(FRIO 10700) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 6426District 02Field 72787500NGPA filingOilCasinghead gasSave Export

Value, all time

$2.3 M

Jan 1993 – Apr 2006

Value, last 12 filed months

$20 k

at the published price for each month

Months reported

160

no gaps in the span

Streams

oil, casinghead gas

The POWDERHORN,S.W.(FRIO 10700) field

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 2 leases and 2 wells, and the rule below applies to all of them.

Discovered

1982-10-25

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

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.

Programme	Filings	With an approval date	Dated	Docket
NGPA	1	none	—	—

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.

Stream	Basis	Volume	Value
Oil	Disposition	92,054 bbl	$1,748,782
Casinghead gas	Production	296,990 Mcf	$525,362
Total			$2,274,144

144,497 Mcf of this lease's gas, across 45 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 (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 28.4586, -96.5249. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.45861, -96.52487 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

100.0%

1 of 1 wells

Median depth

11,056 ft

1 wells filed one

Completion to plug

12.8 years

median over 1 well

What the state filed about each well

On the RRC proration schedule

1100.0%

A plug date is filed

1100.0%

BothOn the schedule and plugged. Neither fact cancels the other.

1100.0%

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 11,056 ft.

Completions filed

Apr 1993

1 of 1 wells

Plug dates filed

Feb 2006

1 of 1 wells

Last completion to plug: a median of 12.8 years across the 1 well that filed both dates, with the middle half between 12.8 years and 12.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-05731205	4	11,056 ft	Apr 1993	Feb 2006	Yes

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 (160)

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

160 months


Apr 2006	0	0	64.39	7.36	$0
Mar 2006	0	0	56.70	7.08	$0
Feb 2006	338	0	57.59	7.75	$19,465
Jan 2006	0	10	60.59	8.93	$89
Dec 2005	0	3	54.94	13.42	$40
Nov 2005	0	0	54.69	10.59	$0
Oct 2005	0	0	58.34	13.80	$0
Sep 2005	0	8	61.45	12.08	$97
Aug 2005	0	9	61.51	9.80	$88
Jul 2005	0	22	55.69	7.84	$173
Jun 2005	0	5	52.33	7.38	$37
May 2005	0	15	45.22	6.65	$100
Apr 2005	0	26	49.20	7.36	$191
Mar 2005	0	14	50.37	7.15	$100
Feb 2005	0	23	45.22	6.31	$145
Jan 2005	0	78	43.16	6.32	$493
Dec 2004	2	106	39.86	6.75	$795
Nov 2004	183	684	45.28	6.33	$12,616
Oct 2004	553	1,511	49.70	6.52	$37,328
Sep 2004	0	544	43.24	5.28	$2,874
Aug 2004	183	865	42.37	5.55	$12,555
Jul 2004	187	843	38.28	6.08	$12,287
Jun 2004	182	751	36.10	6.43	$11,401
May 2004	189	622	37.48	6.49	$11,123
Apr 2004	0	536	34.47	5.86	$3,140
Mar 2004	367	702	34.36	5.53	$16,492
Feb 2004	367	678	32.45	5.51	$15,645
Jan 2004	0	1,122	32.03	6.30	$7,068
Dec 2003	374	1,189	30.26	6.30	$18,810
Nov 2003	365	1,094	28.80	4.60	$15,539
Oct 2003	368	1,158	28.17	4.76	$15,878
Sep 2003	181	1,157	26.31	4.75	$10,257
Aug 2003	184	1,152	29.76	5.13	$11,385
Jul 2003	543	1,062	29.41	5.17	$21,461
Jun 2003	182	1,093	28.56	5.98	$11,737
May 2003	359	1,014	26.59	5.97	$15,602
Apr 2003	178	870	26.67	5.41	$9,452
Mar 2003	365	950	31.14	6.10	$17,157
Feb 2003	187	938	33.48	7.93	$13,695
Jan 2003	370	1,281	30.31	5.58	$18,365
Dec 2002	379	1,177	26.91	4.85	$15,912
Nov 2002	183	1,220	24.66	4.14	$9,560
Oct 2002	537	1,017	26.46	4.23	$18,510
Sep 2002	369	1,318	27.44	3.64	$14,917
Aug 2002	362	1,242	25.96	3.16	$13,327
Jul 2002	370	1,231	24.58	3.06	$12,864
Jun 2002	541	1,239	23.73	3.34	$16,974
May 2002	182	1,269	24.66	3.58	$9,036
Apr 2002	539	1,268	23.65	3.51	$17,201
Mar 2002	364	1,787	22.00	3.10	$13,553
Feb 2002	372	1,556	18.22	2.38	$10,474
Jan 2002	336	1,422	17.17	2.38	$9,147
Dec 2001	538	1,700	16.93	2.36	$13,128
Nov 2001	365	1,516	18.07	2.41	$10,242
Oct 2001	536	1,645	19.78	2.53	$14,762
Sep 2001	364	2,116	24.26	2.25	$13,594
Aug 2001	543	1,134	24.87	3.05	$16,967
Jul 2001	364	1,542	23.93	3.20	$13,640
Jun 2001	539	1,580	24.56	3.82	$19,280
May 2001	543	1,648	25.52	4.31	$20,956
Apr 2001	362	1,248	24.68	5.34	$15,593
Mar 2001	357	1,827	24.54	5.38	$18,584
Feb 2001	364	1,442	27.75	5.77	$18,417
Jan 2001	356	1,696	27.47	8.40	$24,024
Dec 2000	344	1,635	26.88	9.12	$24,162
Nov 2000	359	1,497	32.21	5.66	$20,033
Oct 2000	365	1,394	31.23	5.15	$18,572
Sep 2000	369	1,316	31.87	5.19	$18,585
Aug 2000	366	1,824	29.64	4.54	$19,131
Jul 2000	1	2,013	28.53	4.09	$8,261
Jun 2000	370	1,947	29.30	4.40	$19,402
May 2000	360	1,719	27.26	3.68	$16,139
Apr 2000	550	1,932	24.51	3.12	$19,501
Mar 2000	376	1,188	28.42	2.86	$14,083
Feb 2000	557	1,980	27.62	2.73	$20,783
Jan 2000	364	1,395	25.27	2.48	$12,659
Dec 1999	555	1,556	24.28	2.42	$17,247
Nov 1999	385	5,438	23.19	2.43	$22,164
Oct 1999	558	1,824	20.98	2.80	$16,821
Sep 1999	550	2,002	21.75	2.62	$17,205
Aug 1999	366	2,062	19.26	2.88	$12,979
Jul 1999	541	2,008	17.89	2.37	$14,442
Jun 1999	528	1,970	15.94	2.36	$13,070
May 1999	714	1,693	15.79	2.32	$15,204
Apr 1999	551	1,733	15.10	2.21	$12,147
Mar 1999	545	2,011	12.47	1.84	$10,493
Feb 1999	545	2,090	9.98	1.82	$9,238
Jan 1999	537	2,113	10.38	1.90	$9,589
Dec 1998	748	1,505	9.20	1.77	$9,550
Nov 1998	595	1,707	10.89	2.19	$10,211
Oct 1998	370	1,890	12.42	1.97	$8,317
Sep 1998	702	1,295	12.59	2.08	$11,535
Aug 1998	780	1,135	11.30	1.91	$10,979
Jul 1998	547	1,115	11.74	2.24	$8,916
Jun 1998	727	1,484	11.24	2.24	$11,492
May 1998	537	1,839	12.62	2.21	$10,834
Apr 1998	548	881	13.04	2.51	$9,353
Mar 1998	735	2,241	12.80	2.31	$14,583
Feb 1998	555	1,665	13.95	2.30	$11,570
Jan 1998	896	1,691	14.70	2.15	$16,815
Dec 1997	560	1,485	16.32	2.41	$12,720
Nov 1997	906	1,999	18.19	3.09	$22,654
Oct 1997	546	1,851	19.25	3.15	$16,341
Sep 1997	526	2,852	17.74	2.95	$17,759
Aug 1997	727	2,967	17.86	2.55	$20,564
Jul 1997	886	3,046	17.58	2.25	$22,420
Jun 1997	716	3,039	17.24	2.26	$19,203
May 1997	930	2,969	18.97	2.31	$24,496
Apr 1997	546	2,846	17.88	2.08	$15,690
Mar 1997	914	2,511	18.95	1.94	$22,189
Feb 1997	728	2,727	20.49	2.21	$20,932
Jan 1997	921	2,438	23.48	3.54	$30,255
Dec 1996	927	3,198	23.32	—	$21,618
Nov 1996	901	2,246	21.97	—	$19,795
Oct 1996	927	2,647	23.31	—	$21,608
Sep 1996	906	2,985	22.22	—	$20,131
Aug 1996	904	3,247	20.26	—	$18,315
Jul 1996	1,252	3,818	19.55	—	$24,477
Jun 1996	1,463	5,555	18.73	—	$27,402
May 1996	145	446	19.43	—	$2,817
Apr 1996	99	20	21.51	—	$2,129
Mar 1996	189	302	19.38	—	$3,663
Feb 1996	902	2,613	16.98	—	$15,316
Jan 1996	885	3,059	17.07	—	$15,107
Dec 1995	1,246	3,117	17.19	—	$21,419
Nov 1995	1,252	3,437	16.00	—	$20,032
Oct 1995	1,414	4,469	15.43	—	$21,818
Sep 1995	0	294	16.18	—	$0
Aug 1995	527	1,597	15.92	—	$8,390
Jul 1995	1,064	3,490	15.24	—	$16,215
Jun 1995	952	3,674	16.41	—	$15,622
May 1995	1,161	3,242	17.56	—	$20,387
Apr 1995	990	4,022	17.73	—	$17,553
Mar 1995	1,248	3,384	16.44	—	$20,517
Feb 1995	1,084	3,723	16.58	—	$17,973
Jan 1995	1,086	3,853	15.92	—	$17,289
Dec 1994	1,089	3,331	15.03	—	$16,368
Nov 1994	1,272	3,816	15.90	—	$20,225
Oct 1994	1,305	3,534	15.58	—	$20,332
Sep 1994	1,258	3,947	15.29	—	$19,235
Aug 1994	1,078	4,199	16.13	—	$17,388
Jul 1994	1,436	3,951	17.56	—	$25,216
Jun 1994	1,264	3,931	17.09	—	$21,602
May 1994	1,455	4,297	15.88	—	$23,105
Apr 1994	1,642	4,603	14.14	—	$23,218
Mar 1994	2,388	6,349	12.46	—	$29,754
Feb 1994	1,102	1,337	12.50	—	$13,775
Jan 1994	530	1,278	12.66	—	$6,710
Dec 1993	907	2,770	12.33	—	$11,183
Nov 1993	929	2,585	14.49	—	$13,461
Oct 1993	914	2,846	15.85	—	$14,487
Sep 1993	1,094	3,189	15.03	—	$16,443
Aug 1993	1,079	3,625	15.66	—	$16,897
Jul 1993	1,264	3,361	15.46	—	$19,541
Jun 1993	1,824	4,785	16.79	—	$30,625
May 1993	1,850	3,951	17.68	—	$32,708
Apr 1993	1,476	4,374	18.05	—	$26,642
Mar 1993	0	0	18.14	—	$0
Feb 1993	0	0	17.90	—	$0
Jan 1993	0	0	16.93	—	$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.

Feb 2006 — as filed, then multipliedworked

Oil                  338 bbl  × $ 57.59 =    $19,465
Casinghead gas         0 Mcf  × $  7.75 =         $0

────────────────────────────────────────────────────
Month total                                  $19,465

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/6426 is the state's own key, not one this site invented.