POWERS, E.C.

Name: POWERS, E.C. lease production and value, Jan 1997 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

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 161586District 06Field 160321742 tax incentive programmesCondensateGasSave Export

Value, all time

$2.2 M

Jan 1997 – Sep 2011

Value, last 12 filed months

$5 k

at the published price for each month

Months reported

177

no gaps in the span

Streams

condensate, gas

The CARTHAGE (COTTON VALLEY) 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 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.

Programme	Filings	With an approval date	Dated	Docket
High Cost Gas	1	1	1997-03-18	136300
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
Condensate	Disposition	1 bbl	$19
Gas	Production	571,090 Mcf	$2,201,824
Total			$2,201,842

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 32.1700, -94.4722. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.16999, -94.47217 · 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

0.0%

0 of 1 wells

Median depth

9,850 ft

1 wells filed one

Completion to plug

—

no well filed both dates

What the state filed about each well

On the RRC proration schedule

1100.0%

A plug date is filed

00.0%

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

00.0%

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 9,850 ft.

Completions filed

Aug 2011

1 of 1 wells

1 well


42-36533324	9	9,850 ft	Aug 2011	—	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 (177)

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

177 months


Sep 2011	0	0	83.62	3.99	$0
Aug 2011	0	0	83.40	4.15	$0
Jul 2011	0	77	94.14	4.52	$348
Jun 2011	0	0	92.90	4.64	$0
May 2011	0	49	98.13	4.40	$216
Apr 2011	0	152	105.96	4.33	$659
Mar 2011	0	163	96.36	4.06	$661
Feb 2011	0	122	85.64	4.18	$510
Jan 2011	0	119	86.50	4.59	$546
Dec 2010	0	154	85.73	4.35	$670
Nov 2010	0	165	80.84	3.80	$626
Oct 2010	0	169	78.10	3.51	$593
Sep 2010	0	197	72.63	3.98	$784
Aug 2010	0	279	73.68	4.42	$1,233
Jul 2010	0	195	72.55	4.74	$924
Jun 2010	0	224	70.36	4.91	$1,100
May 2010	0	364	71.12	4.24	$1,542
Apr 2010	0	95	81.69	4.12	$392
Mar 2010	0	313	78.39	4.39	$1,374
Feb 2010	0	442	73.58	5.44	$2,406
Jan 2010	0	210	74.36	5.96	$1,252
Dec 2009	0	198	71.44	5.48	$1,086
Nov 2009	0	191	74.59	3.75	$717
Oct 2009	0	219	72.54	4.11	$900
Sep 2009	0	222	65.54	3.06	$680
Aug 2009	0	248	67.42	3.22	$798
Jul 2009	0	198	61.13	3.46	$686
Jun 2009	0	233	66.16	3.90	$908
May 2009	0	302	54.74	3.93	$1,186
Apr 2009	0	462	46.77	3.59	$1,657
Mar 2009	0	454	42.14	4.06	$1,843
Feb 2009	0	949	32.81	4.63	$4,397
Jan 2009	0	964	35.86	5.37	$5,178
Dec 2008	0	756	37.10	5.98	$4,519
Nov 2008	0	572	55.49	6.86	$3,924
Oct 2008	0	679	75.24	6.92	$4,700
Sep 2008	0	823	101.76	7.88	$6,483
Aug 2008	0	931	114.22	8.48	$7,898
Jul 2008	0	781	131.08	11.39	$8,895
Jun 2008	0	849	131.33	13.03	$11,065
May 2008	0	1,138	123.17	11.57	$13,172
Apr 2008	0	1,362	110.31	10.45	$14,240
Mar 2008	0	1,738	101.90	9.66	$16,796
Feb 2008	0	1,788	92.53	8.77	$15,682
Jan 2008	0	2,087	90.38	8.21	$17,125
Dec 2007	0	1,952	88.33	7.30	$14,253
Nov 2007	0	1,947	91.67	7.29	$14,197
Oct 2007	0	2,047	82.85	6.92	$14,169
Sep 2007	0	2,224	75.84	6.24	$13,887
Aug 2007	0	2,279	69.06	6.39	$14,558
Jul 2007	0	2,158	70.90	6.39	$13,785
Jun 2007	0	1,559	62.00	7.55	$11,768
May 2007	0	1,474	58.74	7.85	$11,565
Apr 2007	0	1,143	59.61	7.81	$8,921
Mar 2007	0	1,500	56.92	7.30	$10,953
Feb 2007	0	1,894	55.10	8.22	$15,561
Jan 2007	0	1,503	50.30	6.73	$10,110
Dec 2006	0	1,595	56.65	6.92	$11,035
Nov 2006	0	1,492	54.20	7.62	$11,365
Oct 2006	0	1,524	54.90	6.01	$9,165
Sep 2006	0	1,469	60.08	5.04	$7,400
Aug 2006	0	1,591	68.71	7.34	$11,678
Jul 2006	0	1,778	69.37	6.34	$11,277
Jun 2006	0	1,507	66.28	6.38	$9,621
May 2006	0	2,113	66.01	6.42	$13,576
Apr 2006	0	1,502	64.39	7.36	$11,055
Mar 2006	0	1,843	56.70	7.08	$13,054
Feb 2006	0	1,976	57.59	7.75	$15,316
Jan 2006	0	1,286	60.59	8.93	$11,488
Dec 2005	0	1,612	54.94	13.42	$21,626
Nov 2005	0	1,897	54.69	10.59	$20,086
Oct 2005	0	1,728	58.34	13.80	$23,839
Sep 2005	0	1,679	61.45	12.08	$20,281
Aug 2005	0	1,445	61.51	9.80	$14,156
Jul 2005	0	1,737	55.69	7.84	$13,624
Jun 2005	0	1,759	52.33	7.38	$12,983
May 2005	0	2,324	45.22	6.65	$15,457
Apr 2005	0	1,672	49.20	7.36	$12,307
Mar 2005	0	1,654	50.37	7.15	$11,834
Feb 2005	0	1,740	45.22	6.31	$10,983
Jan 2005	0	2,195	43.16	6.32	$13,877
Dec 2004	0	2,265	39.86	6.75	$15,291
Nov 2004	0	2,594	45.28	6.33	$16,421
Oct 2004	0	1,467	49.70	6.52	$9,558
Sep 2004	0	1,480	43.24	5.28	$7,820
Aug 2004	0	1,735	42.37	5.55	$9,630
Jul 2004	0	2,488	38.28	6.08	$15,137
Jun 2004	0	2,014	36.10	6.43	$12,956
May 2004	0	1,850	37.48	6.49	$12,015
Apr 2004	0	2,728	34.47	5.86	$15,982
Mar 2004	0	1,909	34.36	5.53	$10,557
Feb 2004	0	2,333	32.45	5.51	$12,854
Jan 2004	0	2,718	32.03	6.30	$17,122
Dec 2003	0	2,481	30.26	6.30	$15,634
Nov 2003	0	2,593	28.80	4.60	$11,915
Oct 2003	0	2,253	28.17	4.76	$10,723
Sep 2003	0	2,416	26.31	4.75	$11,474
Aug 2003	0	2,094	29.76	5.13	$10,742
Jul 2003	0	2,600	29.41	5.17	$13,444
Jun 2003	0	2,685	28.56	5.98	$16,064
May 2003	0	2,614	26.59	5.97	$15,613
Apr 2003	0	3,151	26.67	5.41	$17,038
Mar 2003	0	2,232	31.14	6.10	$13,606
Feb 2003	0	2,069	33.48	7.93	$16,399
Jan 2003	0	2,765	30.31	5.58	$15,434
Dec 2002	0	3,161	26.91	4.85	$15,343
Nov 2002	0	2,756	24.66	4.14	$11,401
Oct 2002	0	7,857	26.46	4.23	$33,228
Sep 2002	0	6,384	27.44	3.64	$23,207
Aug 2002	0	7,915	25.96	3.16	$25,044
Jul 2002	0	7,027	24.58	3.06	$21,515
Jun 2002	0	5,742	23.73	3.34	$19,168
May 2002	0	4,942	24.66	3.58	$17,712
Apr 2002	0	3,095	23.65	3.51	$10,871
Mar 2002	0	2,742	22.00	3.10	$8,508
Feb 2002	0	2,031	18.22	2.38	$4,825
Jan 2002	0	2,712	17.17	2.38	$6,443
Dec 2001	0	2,874	16.93	2.36	$6,795
Nov 2001	0	3,244	18.07	2.41	$7,804
Oct 2001	0	2,657	19.78	2.53	$6,719
Sep 2001	0	4,743	24.26	2.25	$10,678
Aug 2001	0	4,550	24.87	3.05	$13,892
Jul 2001	0	3,902	23.93	3.20	$12,475
Jun 2001	0	3,113	24.56	3.82	$11,905
May 2001	0	3,822	25.52	4.31	$16,463
Apr 2001	0	3,301	24.68	5.34	$17,612
Mar 2001	0	3,758	24.54	5.38	$20,205
Feb 2001	0	3,126	27.75	5.77	$18,028
Jan 2001	0	3,747	27.47	8.40	$31,470
Dec 2000	0	3,485	26.88	9.12	$31,792
Nov 2000	0	3,475	32.21	5.66	$19,662
Oct 2000	0	4,365	31.23	5.15	$22,460
Sep 2000	0	4,503	31.87	5.19	$23,355
Aug 2000	0	3,302	29.64	4.54	$14,994
Jul 2000	0	3,913	28.53	4.09	$16,003
Jun 2000	0	3,913	29.30	4.40	$17,206
May 2000	0	3,976	27.26	3.68	$14,631
Apr 2000	0	4,421	24.51	3.12	$13,776
Mar 2000	0	4,116	28.42	2.86	$11,771
Feb 2000	0	3,739	27.62	2.73	$10,194
Jan 2000	0	4,386	25.27	2.48	$10,879
Dec 1999	0	4,815	24.28	2.42	$11,670
Nov 1999	0	4,685	23.19	2.43	$11,403
Oct 1999	0	4,388	20.98	2.80	$12,303
Sep 1999	0	4,446	21.75	2.62	$11,643
Aug 1999	0	4,653	19.26	2.88	$13,380
Jul 1999	0	4,434	17.89	2.37	$10,519
Jun 1999	0	4,662	15.94	2.36	$11,012
May 1999	0	4,454	15.79	2.32	$10,338
Apr 1999	0	4,547	15.10	2.21	$10,040
Mar 1999	0	4,978	12.47	1.84	$9,151
Feb 1999	0	4,806	9.98	1.82	$8,736
Jan 1999	0	4,338	10.38	1.90	$8,242
Dec 1998	0	5,507	9.20	1.77	$9,766
Nov 1998	0	5,580	10.89	2.19	$12,196
Oct 1998	0	6,729	12.42	1.97	$13,251
Sep 1998	0	6,713	12.59	2.08	$13,981
Aug 1998	0	6,995	11.30	1.91	$13,342
Jul 1998	0	6,720	11.74	2.24	$15,034
Jun 1998	0	6,880	11.24	2.24	$15,392
May 1998	0	7,364	12.62	2.21	$16,247
Apr 1998	0	7,007	13.04	2.51	$17,555
Mar 1998	0	7,593	12.80	2.31	$17,536
Feb 1998	0	7,016	13.95	2.30	$16,131
Jan 1998	0	7,842	14.70	2.15	$16,898
Dec 1997	0	8,068	16.32	2.41	$19,453
Nov 1997	0	7,982	18.19	3.09	$24,650
Oct 1997	0	9,040	19.25	3.15	$28,474
Sep 1997	0	9,878	17.74	2.95	$29,188
Aug 1997	0	10,841	17.86	2.55	$27,696
Jul 1997	0	11,457	17.58	2.25	$25,743
Jun 1997	0	11,167	17.24	2.26	$25,206
May 1997	1	12,920	18.97	2.31	$29,845
Apr 1997	0	15,707	17.88	2.08	$32,714
Mar 1997	0	20,704	18.95	1.94	$40,148
Feb 1997	0	25,344	20.49	2.21	$55,906
Jan 1997	0	4,070	23.48	3.54	$14,407

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.

Jul 2011 — as filed, then multipliedworked

Condensate             0 bbl  × $ 94.14 =         $0
Gas                   77 Mcf  × $  4.52 =       $348

────────────────────────────────────────────────────
Month total                                     $348

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/161586 is the state's own key, not one this site invented.