POWERS, E.C.

Operated by CHEVRON U. S. A. INC. (P-5 148113) in the CARTHAGE (COTTON VALLEY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 159421District 06Field 160321742 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.0 M
Jun 1996 – May 2013
Value, last 12 filed months
$45 k
at the published price for each month
Months reported
204
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 4,104 leases and 4,104 wells, and the rule below applies to all of them.

Discovered
1968-05-01
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2011-02-08.

The Commission's schedule remark for this field reads: FIELD. EFFECTIVE 4/12/16.

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.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas111996-08-27135221
NGPA1none

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.

StreamBasisVolumeValue
CondensateDisposition15 bbl$333
GasProduction1,314,108 Mcf$5,012,436
Total$5,012,770

172,622 Mcf of this lease's gas, across 7 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 32.1713, -94.4811. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.17134, -94.48109 · 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
8,460 ft
1 wells filed one
Completion to plug
10.0 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 8,460 ft.

Completions filed
May 2013
1 of 1 wells
Plug dates filed
May 2023
1 of 1 wells

Last completion to plug: a median of 10.0 years across the 1 well that filed both dates, with the middle half between 10.0 years and 10.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-3653332510 T8,460 ftMay 2013May 2023Yes

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 (204)

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

204 months

May 2013010494.834.15$432
Apr 20130993.964.28$39
Mar 2013060093.623.91$2,348
Feb 2013059791.233.42$2,042
Jan 2013076391.603.42$2,609
Dec 2012086386.773.42$2,952
Nov 2012026186.953.62$946
Oct 2012022889.383.40$775
Sep 2012097494.672.92$2,843
Aug 201203,51792.662.91$10,228
Jul 201203,61185.133.02$10,908
Jun 201203,36879.822.52$8,484
May 201203,18791.612.49$7,930
Apr 201203,456101.652.00$6,901
Mar 201203,591105.052.22$7,979
Feb 201203,386101.102.57$8,703
Jan 201203,79598.092.73$10,376
Dec 201103,43296.873.24$11,119
Nov 201103,86095.723.31$12,782
Oct 201102,36884.983.65$8,640
Sep 201102,14683.623.99$8,554
Aug 201102,63383.404.15$10,925
Jul 201102,50194.144.52$11,298
Jun 201102,80792.904.64$13,024
May 201101,89898.134.40$8,360
Apr 201103,037105.964.33$13,160
Mar 201103,00296.364.06$12,180
Feb 201102,75785.644.18$11,524
Jan 201104,21786.504.59$19,351
Dec 201003,59885.734.35$15,643
Nov 201003,77580.843.80$14,327
Oct 201003,96178.103.51$13,899
Sep 201002,91172.633.98$11,584
Aug 201003,62273.684.42$16,007
Jul 201003,83672.554.74$18,169
Jun 201003,96470.364.91$19,465
May 201004,72071.124.24$19,990
Apr 201004,00281.694.12$16,499
Mar 201003,63978.394.39$15,970
Feb 201002,66473.585.44$14,498
Jan 201002,59474.365.96$15,471
Dec 200903,90071.445.48$21,387
Nov 200903,78674.593.75$14,203
Oct 200904,41872.544.11$18,159
Sep 200904,38065.543.06$13,424
Aug 200904,81267.423.22$15,487
Jul 200904,05561.133.46$14,049
Jun 200904,00366.163.90$15,592
May 200904,58354.743.93$17,992
Apr 200903,75246.773.59$13,460
Mar 200903,49742.144.06$14,194
Feb 200902,69332.814.63$12,477
Jan 200902,64135.865.37$14,185
Dec 200803,61037.105.98$21,577
Nov 200803,64255.496.86$24,985
Oct 200803,41175.246.92$23,611
Sep 200802,715101.767.88$21,386
Aug 200803,962114.228.48$33,610
Jul 200803,860131.0811.39$43,963
Jun 200803,844131.3313.03$50,097
May 200803,586123.1711.57$41,505
Apr 200804,115110.3110.45$43,022
Mar 200803,666101.909.66$35,428
Feb 200804,05392.538.77$35,547
Jan 200803,05990.388.21$25,101
Dec 200704,19388.337.30$30,617
Nov 200704,43491.677.29$32,331
Oct 200704,39082.856.92$30,387
Sep 200703,65675.846.24$22,829
Aug 200704,30069.066.39$27,468
Jul 200704,53270.906.39$28,950
Jun 200704,02062.007.55$30,345
May 200704,37258.747.85$34,304
Apr 200704,97659.617.81$38,839
Mar 200705,33856.927.30$38,978
Feb 200704,55155.108.22$37,391
Jan 200704,67750.306.73$31,461
Dec 200604,63356.656.92$32,053
Nov 200605,42654.207.62$41,332
Oct 200604,18154.906.01$25,144
Sep 200604,75560.085.04$23,952
Aug 200604,52568.717.34$33,213
Jul 200604,55369.376.34$28,879
Jun 200604,39566.286.38$28,057
May 200605,04366.016.42$32,401
Apr 200605,10764.397.36$37,590
Mar 200605,41156.707.08$38,326
Feb 200605,50557.597.75$42,670
Jan 200604,40960.598.93$39,387
Dec 200504,78254.9413.42$64,152
Nov 200504,22254.6910.59$44,704
Oct 200505,44858.3413.80$75,159
Sep 200504,23761.4512.08$51,179
Aug 200505,51961.519.80$54,069
Jul 200504,84055.697.84$37,963
Jun 200505,20852.337.38$38,440
May 200506,34745.226.65$42,215
Apr 200505,31749.207.36$39,136
Mar 200505,82150.377.15$41,649
Feb 200505,50045.226.31$34,716
Jan 200505,59343.166.32$35,360
Dec 200405,89739.866.75$39,811
Nov 200404,91545.286.33$31,114
Oct 200405,63649.706.52$36,719
Sep 200405,94043.245.28$31,386
Aug 200405,65342.375.55$31,378
Jul 200405,85538.286.08$35,623
Jun 200404,79936.106.43$30,872
May 200405,58237.486.49$36,253
Apr 200405,14834.475.86$30,159
Mar 200405,83234.365.53$32,252
Feb 200405,03532.455.51$27,741
Jan 200405,40332.036.30$34,037
Dec 200305,61230.266.30$35,365
Nov 200305,56128.804.60$25,554
Oct 200305,80928.174.76$27,649
Sep 200305,12426.314.75$24,336
Aug 200305,27629.765.13$27,064
Jul 200305,82029.415.17$30,094
Jun 200305,26928.565.98$31,524
May 200305,60526.595.97$33,477
Apr 200305,59726.675.41$30,265
Mar 200305,13231.146.10$31,285
Feb 200304,43733.487.93$35,167
Jan 200304,65630.315.58$25,990
Dec 200205,22926.914.85$25,380
Nov 200205,15324.664.14$21,318
Oct 200205,15026.464.23$21,780
Sep 200205,54227.443.64$20,146
Aug 200205,83625.963.16$18,466
Jul 200206,04524.583.06$18,508
Jun 200205,90623.733.34$19,716
May 200206,05824.663.58$21,712
Apr 200206,21823.653.51$21,840
Mar 200206,27322.003.10$19,463
Feb 200205,92318.222.38$14,071
Jan 200206,27517.172.38$14,907
Dec 200106,58016.932.36$15,558
Nov 200105,32818.072.41$12,817
Oct 200105,31819.782.53$13,449
Sep 200105,77024.262.25$12,990
Aug 200106,63024.873.05$20,242
Jul 200106,86923.933.20$21,961
Jun 200106,58624.563.82$25,186
May 200107,11425.524.31$30,642
Apr 200106,62824.685.34$35,363
Mar 200106,64424.545.38$35,721
Feb 200106,01027.755.77$34,660
Jan 200106,65227.478.40$55,869
Dec 200007,57626.889.12$69,112
Nov 200007,24132.215.66$40,970
Oct 200007,57031.235.15$38,951
Sep 200007,72831.875.19$40,081
Aug 200008,04429.644.54$36,526
Jul 200008,56828.534.09$35,041
Jun 200008,23129.304.40$36,194
May 200006,86627.263.68$25,265
Apr 200006,82024.513.12$21,251
Mar 200007,05828.422.86$20,184
Feb 200006,73127.622.73$18,352
Jan 200007,45525.272.48$18,492
Dec 199907,57124.282.42$18,350
Nov 199907,45223.192.43$18,138
Oct 199907,37620.982.80$20,680
Sep 199907,18021.752.62$18,803
Aug 199908,08019.262.88$23,235
Jul 199908,05117.892.37$19,100
Jun 199907,83815.942.36$18,514
May 199908,04815.792.32$18,680
Apr 199908,05215.102.21$17,779
Mar 199908,34712.471.84$15,345
Feb 199907,7289.981.82$14,048
Jan 199908,90710.381.90$16,923
Dec 199808,8119.201.77$15,625
Nov 199808,62710.892.19$18,856
Oct 199809,21512.421.97$18,146
Sep 199809,51012.592.08$19,806
Aug 199809,74811.301.91$18,593
Jul 199809,91911.742.24$22,191
Jun 199809,40511.242.24$21,042
May 1998010,49712.622.21$23,160
Apr 199809,51813.042.51$23,846
Mar 1998010,93012.802.31$25,242
Feb 1998010,16713.952.30$23,375
Jan 1998011,49114.702.15$24,761
Dec 1997011,99216.322.41$28,914
Nov 1997011,46018.193.09$35,391
Oct 1997012,70119.253.15$40,006
Sep 1997013,19717.742.95$38,996
Aug 1997013,45917.862.55$34,384
Jul 1997015,04317.582.25$33,801
Jun 1997014,47617.242.26$32,675
May 1997017,67118.972.31$40,794
Apr 1997018,07417.882.08$37,644
Mar 1997020,14518.951.94$39,064
Feb 1997018,86520.492.21$41,614
Jan 1997022,20423.483.54$78,596
Dec 1996022,58623.32$0
Nov 1996022,61721.97$0
Oct 1996026,18823.31$0
Sep 19961528,75322.22$333
Aug 1996033,10620.26$0
Jul 1996039,07219.55$0
Jun 1996030018.73$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.

May 2013 — as filed, then multipliedworked
Condensate             0 bbl  × $ 94.83 =         $0
Gas                  104 Mcf  × $  4.15 =       $432

────────────────────────────────────────────────────
Month total                                     $432

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. 06/G/159421 is the state's own key, not one this site invented.