POWELL GIN

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

Operated by KENT, CHARLES INDIVIDUALLY (P-5 457317) in the CORSICANA (SHALLOW) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 2686District 05Field 20823500OilCasinghead gasSave Export

Value, all time

$136 k

Jan 1993 – Aug 2012

Value, last 12 filed months

$7 k

at the published price for each month

Months reported

236

no gaps in the span

Streams

oil, casinghead gas

The CORSICANA (SHALLOW) 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 594 leases and 5,880 wells, and the rule below applies to all of them.

Discovered

1896-01-01

as the register files it

Field class

Oil and gas

the register's own label

Between wells

0 ft

minimum

From a lease line

150 ft

minimum

A drilling unit in this field needs at least 2 acres. The field rule took effect on 2007-03-29.

The Commission's schedule remark for this field reads: “ALLOCATION FORMULA EFFECTIVE 08/01/88.”

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	3,688 bbl	$135,482
Casinghead gas	Production	143 Mcf	$369
Total			$135,851

48 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 (2)

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 32.1185, -96.3245. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.11852, -96.32448 · 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%

2 of 2 wells

With a plug date

100.0%

2 of 2 wells

Median depth

1,083 ft

2 wells filed one

Completion to plug

27.4 years

median over 2 wells

What the state filed about each well

On the RRC proration schedule

2100.0%

A plug date is filed

2100.0%

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

2100.0%

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 1,040 and 1,125 ft, median 1,083 ft, over the 2 wells that filed a depth.

Completions filed

Jul 1984 – Nov 1984

2 of 2 wells

Plug dates filed

Feb 2012

2 of 2 wells

Last completion to plug: a median of 27.4 years across the 2 wells that filed both dates, with the middle half between 27.3 years and 27.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells


42-34933800	2	1,040 ft	Nov 1984	Feb 2012	Yes
42-34933758	1	1,125 ft	Jul 1984	Feb 2012	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 (236)

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

236 months


Aug 2012	0	0	92.66	2.91	$0
Jul 2012	0	0	85.13	3.02	$0
Jun 2012	0	0	79.82	2.52	$0
May 2012	0	0	91.61	2.49	$0
Apr 2012	0	0	101.65	2.00	$0
Mar 2012	27	0	105.05	2.22	$2,836
Feb 2012	0	0	101.10	2.57	$0
Jan 2012	42	0	98.09	2.73	$4,120
Dec 2011	0	0	96.87	3.24	$0
Nov 2011	0	0	95.72	3.31	$0
Oct 2011	0	0	84.98	3.65	$0
Sep 2011	0	0	83.62	3.99	$0
Aug 2011	0	0	83.40	4.15	$0
Jul 2011	0	0	94.14	4.52	$0
Jun 2011	0	0	92.90	4.64	$0
May 2011	0	0	98.13	4.40	$0
Apr 2011	0	0	105.96	4.33	$0
Mar 2011	0	0	96.36	4.06	$0
Feb 2011	0	0	85.64	4.18	$0
Jan 2011	0	0	86.50	4.59	$0
Dec 2010	0	0	85.73	4.35	$0
Nov 2010	0	0	80.84	3.80	$0
Oct 2010	0	0	78.10	3.51	$0
Sep 2010	0	0	72.63	3.98	$0
Aug 2010	0	0	73.68	4.42	$0
Jul 2010	0	0	72.55	4.74	$0
Jun 2010	117	0	70.36	4.91	$8,232
May 2010	0	0	71.12	4.24	$0
Apr 2010	0	0	81.69	4.12	$0
Mar 2010	0	0	78.39	4.39	$0
Feb 2010	0	0	73.58	5.44	$0
Jan 2010	0	0	74.36	5.96	$0
Dec 2009	0	0	71.44	5.48	$0
Nov 2009	0	0	74.59	3.75	$0
Oct 2009	144	0	72.54	4.11	$10,446
Sep 2009	0	0	65.54	3.06	$0
Aug 2009	0	0	67.42	3.22	$0
Jul 2009	0	0	61.13	3.46	$0
Jun 2009	0	0	66.16	3.90	$0
May 2009	0	0	54.74	3.93	$0
Apr 2009	0	0	46.77	3.59	$0
Mar 2009	0	0	42.14	4.06	$0
Feb 2009	0	0	32.81	4.63	$0
Jan 2009	0	0	35.86	5.37	$0
Dec 2008	0	0	37.10	5.98	$0
Nov 2008	0	0	55.49	6.86	$0
Oct 2008	0	0	75.24	6.92	$0
Sep 2008	0	0	101.76	7.88	$0
Aug 2008	0	0	114.22	8.48	$0
Jul 2008	0	0	131.08	11.39	$0
Jun 2008	0	0	131.33	13.03	$0
May 2008	146	0	123.17	11.57	$17,983
Apr 2008	0	0	110.31	10.45	$0
Mar 2008	0	0	101.90	9.66	$0
Feb 2008	0	0	92.53	8.77	$0
Jan 2008	0	0	90.38	8.21	$0
Dec 2007	0	0	88.33	7.30	$0
Nov 2007	0	0	91.67	7.29	$0
Oct 2007	0	0	82.85	6.92	$0
Sep 2007	0	0	75.84	6.24	$0
Aug 2007	0	0	69.06	6.39	$0
Jul 2007	146	0	70.90	6.39	$10,351
Jun 2007	0	0	62.00	7.55	$0
May 2007	0	0	58.74	7.85	$0
Apr 2007	0	0	59.61	7.81	$0
Mar 2007	0	0	56.92	7.30	$0
Feb 2007	0	0	55.10	8.22	$0
Jan 2007	0	0	50.30	6.73	$0
Dec 2006	0	0	56.65	6.92	$0
Nov 2006	0	0	54.20	7.62	$0
Oct 2006	0	0	54.90	6.01	$0
Sep 2006	142	0	60.08	5.04	$8,531
Aug 2006	0	0	68.71	7.34	$0
Jul 2006	0	0	69.37	6.34	$0
Jun 2006	0	0	66.28	6.38	$0
May 2006	0	0	66.01	6.42	$0
Apr 2006	0	0	64.39	7.36	$0
Mar 2006	0	0	56.70	7.08	$0
Feb 2006	0	0	57.59	7.75	$0
Jan 2006	144	0	60.59	8.93	$8,725
Dec 2005	0	0	54.94	13.42	$0
Nov 2005	0	0	54.69	10.59	$0
Oct 2005	0	0	58.34	13.80	$0
Sep 2005	0	0	61.45	12.08	$0
Aug 2005	0	0	61.51	9.80	$0
Jul 2005	0	0	55.69	7.84	$0
Jun 2005	0	0	52.33	7.38	$0
May 2005	0	0	45.22	6.65	$0
Apr 2005	159	0	49.20	7.36	$7,823
Mar 2005	0	0	50.37	7.15	$0
Feb 2005	0	0	45.22	6.31	$0
Jan 2005	0	1	43.16	6.32	$6
Dec 2004	0	1	39.86	6.75	$7
Nov 2004	0	1	45.28	6.33	$6
Oct 2004	0	1	49.70	6.52	$7
Sep 2004	0	1	43.24	5.28	$5
Aug 2004	154	1	42.37	5.55	$6,531
Jul 2004	0	1	38.28	6.08	$6
Jun 2004	0	1	36.10	6.43	$6
May 2004	0	1	37.48	6.49	$6
Apr 2004	0	1	34.47	5.86	$6
Mar 2004	0	1	34.36	5.53	$6
Feb 2004	0	1	32.45	5.51	$6
Jan 2004	0	1	32.03	6.30	$6
Dec 2003	0	1	30.26	6.30	$6
Nov 2003	157	1	28.80	4.60	$4,526
Oct 2003	0	1	28.17	4.76	$5
Sep 2003	0	1	26.31	4.75	$5
Aug 2003	0	1	29.76	5.13	$5
Jul 2003	0	1	29.41	5.17	$5
Jun 2003	0	1	28.56	5.98	$6
May 2003	0	1	26.59	5.97	$6
Apr 2003	0	1	26.67	5.41	$5
Mar 2003	0	1	31.14	6.10	$6
Feb 2003	0	1	33.48	7.93	$8
Jan 2003	104	1	30.31	5.58	$3,158
Dec 2002	0	1	26.91	4.85	$5
Nov 2002	0	1	24.66	4.14	$4
Oct 2002	0	1	26.46	4.23	$4
Sep 2002	0	1	27.44	3.64	$4
Aug 2002	0	1	25.96	3.16	$3
Jul 2002	0	1	24.58	3.06	$3
Jun 2002	160	1	23.73	3.34	$3,800
May 2002	0	0	24.66	3.58	$0
Apr 2002	0	1	23.65	3.51	$4
Mar 2002	0	1	22.00	3.10	$3
Feb 2002	0	1	18.22	2.38	$2
Jan 2002	0	1	17.17	2.38	$2
Dec 2001	0	1	16.93	2.36	$2
Nov 2001	0	1	18.07	2.41	$2
Oct 2001	0	1	19.78	2.53	$3
Sep 2001	0	1	24.26	2.25	$2
Aug 2001	0	1	24.87	3.05	$3
Jul 2001	163	1	23.93	3.20	$3,904
Jun 2001	0	1	24.56	3.82	$4
May 2001	0	1	25.52	4.31	$4
Apr 2001	0	1	24.68	5.34	$5
Mar 2001	0	1	24.54	5.38	$5
Feb 2001	0	1	27.75	5.77	$6
Jan 2001	0	1	27.47	8.40	$8
Dec 2000	0	1	26.88	9.12	$9
Nov 2000	0	1	32.21	5.66	$6
Oct 2000	159	1	31.23	5.15	$4,971
Sep 2000	0	1	31.87	5.19	$5
Aug 2000	0	1	29.64	4.54	$5
Jul 2000	0	1	28.53	4.09	$4
Jun 2000	0	1	29.30	4.40	$4
May 2000	0	1	27.26	3.68	$4
Apr 2000	0	1	24.51	3.12	$3
Mar 2000	0	1	28.42	2.86	$3
Feb 2000	0	1	27.62	2.73	$3
Jan 2000	158	1	25.27	2.48	$3,995
Dec 1999	0	1	24.28	2.42	$2
Nov 1999	0	1	23.19	2.43	$2
Oct 1999	0	1	20.98	2.80	$3
Sep 1999	0	1	21.75	2.62	$3
Aug 1999	0	1	19.26	2.88	$3
Jul 1999	0	1	17.89	2.37	$2
Jun 1999	0	1	15.94	2.36	$2
May 1999	157	1	15.79	2.32	$2,481
Apr 1999	0	1	15.10	2.21	$2
Mar 1999	0	1	12.47	1.84	$2
Feb 1999	0	1	9.98	1.82	$2
Jan 1999	0	1	10.38	1.90	$2
Dec 1998	0	1	9.20	1.77	$2
Nov 1998	0	1	10.89	2.19	$2
Oct 1998	0	1	12.42	1.97	$2
Sep 1998	0	1	12.59	2.08	$2
Aug 1998	152	1	11.30	1.91	$1,720
Jul 1998	0	1	11.74	2.24	$2
Jun 1998	0	0	11.24	2.24	$0
May 1998	0	1	12.62	2.21	$2
Apr 1998	0	1	13.04	2.51	$3
Mar 1998	0	1	12.80	2.31	$2
Feb 1998	0	1	13.95	2.30	$2
Jan 1998	0	1	14.70	2.15	$2
Dec 1997	165	1	16.32	2.41	$2,695
Nov 1997	0	1	18.19	3.09	$3
Oct 1997	0	1	19.25	3.15	$3
Sep 1997	0	1	17.74	2.95	$3
Aug 1997	0	1	17.86	2.55	$3
Jul 1997	0	1	17.58	2.25	$2
Jun 1997	0	1	17.24	2.26	$2
May 1997	0	1	18.97	2.31	$2
Apr 1997	0	1	17.88	2.08	$2
Mar 1997	0	1	18.95	1.94	$2
Feb 1997	0	1	20.49	2.21	$2
Jan 1997	0	1	23.48	3.54	$4
Dec 1996	0	1	23.32	—	$0
Nov 1996	155	1	21.97	—	$3,405
Oct 1996	0	1	23.31	—	$0
Sep 1996	0	1	22.22	—	$0
Aug 1996	0	1	20.26	—	$0
Jul 1996	0	1	19.55	—	$0
Jun 1996	0	1	18.73	—	$0
May 1996	0	1	19.43	—	$0
Apr 1996	0	1	21.51	—	$0
Mar 1996	153	1	19.38	—	$2,965
Feb 1996	0	1	16.98	—	$0
Jan 1996	0	1	17.07	—	$0
Dec 1995	0	1	17.19	—	$0
Nov 1995	0	1	16.00	—	$0
Oct 1995	0	1	15.43	—	$0
Sep 1995	0	1	16.18	—	$0
Aug 1995	0	1	15.92	—	$0
Jul 1995	0	1	15.24	—	$0
Jun 1995	154	1	16.41	—	$2,527
May 1995	0	1	17.56	—	$0
Apr 1995	0	1	17.73	—	$0
Mar 1995	0	1	16.44	—	$0
Feb 1995	0	1	16.58	—	$0
Jan 1995	0	1	15.92	—	$0
Dec 1994	0	1	15.03	—	$0
Nov 1994	165	1	15.90	—	$2,624
Oct 1994	0	1	15.58	—	$0
Sep 1994	0	1	15.29	—	$0
Aug 1994	0	1	16.13	—	$0
Jul 1994	0	1	17.56	—	$0
Jun 1994	0	1	17.09	—	$0
May 1994	0	1	15.88	—	$0
Apr 1994	0	1	14.14	—	$0
Mar 1994	152	1	12.46	—	$1,894
Feb 1994	0	1	12.50	—	$0
Jan 1994	0	1	12.66	—	$0
Dec 1993	0	1	12.33	—	$0
Nov 1993	0	1	14.49	—	$0
Oct 1993	0	1	15.85	—	$0
Sep 1993	0	1	15.03	—	$0
Aug 1993	146	1	15.66	—	$2,286
Jul 1993	0	1	15.46	—	$0
Jun 1993	0	1	16.79	—	$0
May 1993	0	1	17.68	—	$0
Apr 1993	0	1	18.05	—	$0
Mar 1993	0	1	18.14	—	$0
Feb 1993	167	1	17.90	—	$2,989
Jan 1993	0	1	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.

Mar 2012 — as filed, then multipliedworked

Oil                   27 bbl  × $105.05 =     $2,836
Casinghead gas         0 Mcf  × $  2.22 =         $0

────────────────────────────────────────────────────
Month total                                   $2,836

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. 05/O/2686 is the state's own key, not one this site invented.