POWELL-GLAZE UNIT

Operated by MAGNUM PRODUCING, LP (P-5 521516) in the ROCK ISLAND, W. (WILCOX 9900) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 218910District 03Field 77615640CondensateGasSaveExport
Value, all time
$1.0 M
May 2006 – Mar 2013
Value, last 12 filed months
$8 k
at the published price for each month
Months reported
83
no gaps in the span
Streams
2
condensate, 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 2 leases and 2 wells, and the rule below applies to all of them.

Discovered
1976-11-09
as the register files it
Field class
Gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: ALLOCATION FORMULA EFF. 1-1-80 PER AMENDMENT TO SWR 28 & 29

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
CondensateDisposition3,016 bbl$260,197
GasProduction114,770 Mcf$762,731
Total$1,022,928

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 29.5136, -96.5994. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.51360, -96.59938 · 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
100.0%
1 of 1 wells
Median depth
10,280 ft
1 wells filed one
Completion to plug
3.3 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 10,280 ft.

Completions filed
Apr 2012
1 of 1 wells
Plug dates filed
Aug 2015
1 of 1 wells

Last completion to plug: a median of 3.3 years across the 1 well that filed both dates, with the middle half between 3.3 years and 3.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-08900471110,280 ftApr 2012Aug 2015Yes

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 (83)

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

83 months

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 201257079.822.52$4,550
May 20120091.612.49$0
Apr 2012300101.652.00$3,050
Mar 2012098105.052.22$218
Feb 2012098101.102.57$252
Jan 20128581898.092.73$10,574
Dec 20111461,17696.873.24$17,953
Nov 201101,42395.723.31$4,712
Oct 201101,59484.983.65$5,816
Sep 201101,68283.623.99$6,704
Aug 201101,41783.404.15$5,880
Jul 201102,14494.144.52$9,685
Jun 2011094892.904.64$4,399
May 2011074098.134.40$3,260
Apr 20110772105.964.33$3,345
Mar 2011043796.364.06$1,773
Feb 2011033385.644.18$1,392
Jan 2011025886.504.59$1,184
Dec 201001,09985.734.35$4,778
Nov 2010065980.843.80$2,501
Oct 2010079778.103.51$2,797
Sep 2010088372.633.98$3,514
Aug 20101751,06073.684.42$17,579
Jul 2010088372.554.74$4,182
Jun 2010088370.364.91$4,336
May 201001,01171.124.24$4,282
Apr 201001,09181.694.12$4,498
Mar 201001,46978.394.39$6,447
Feb 2010062373.585.44$3,391
Jan 2010248974.365.96$3,065
Dec 20090071.445.48$0
Nov 2009028574.593.75$1,069
Oct 200901,10572.544.11$4,542
Sep 20091761,14665.543.06$15,047
Aug 200901,40867.423.22$4,532
Jul 2009082361.133.46$2,851
Jun 200901,55866.163.90$6,068
May 200901,43254.743.93$5,622
Apr 20090046.773.59$0
Mar 200903342.144.06$134
Feb 2009092732.814.63$4,295
Jan 200901,33135.865.37$7,149
Dec 200841,28237.105.98$7,811
Nov 200801,37855.496.86$9,454
Oct 20083121,47475.246.92$33,678
Sep 20081265101.767.88$2,189
Aug 200801,018114.228.48$8,636
Jul 200811,798131.0811.39$20,609
Jun 200802,242131.3313.03$29,219
May 20081922,789123.1711.57$55,929
Apr 200833,654110.3110.45$38,533
Mar 20081874,088101.909.66$58,562
Feb 20083743,92692.538.77$69,040
Jan 200804,57990.388.21$37,574
Dec 20073756,10888.337.30$77,724
Nov 20071897,30591.677.29$70,592
Oct 20073768,38082.856.92$89,158
Sep 20071917,94175.846.24$64,070
Aug 2007014569.066.39$926
Jul 2007030270.906.39$1,929
Jun 20070062.007.55$0
May 2007131258.747.85$2,507
Apr 200701,10759.617.81$8,640
Mar 200701,30456.927.30$9,522
Feb 200701,07255.108.22$8,808
Jan 200701,26950.306.73$8,536
Dec 20061361,01356.656.92$14,713
Nov 200601,62154.207.62$12,348
Oct 200601,23354.906.01$7,415
Sep 200612,14060.085.04$10,840
Aug 200602,21968.717.34$16,287
Jul 200603,30369.376.34$20,950
Jun 200624,57066.286.38$29,307
May 20060066.016.42$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.

Jun 2012 — as filed, then multipliedworked
Condensate            57 bbl  × $ 79.82 =     $4,550
Gas                    0 Mcf  × $  2.52 =         $0

────────────────────────────────────────────────────
Month total                                   $4,550

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. 03/G/218910 is the state's own key, not one this site invented.