POWELL, W. B. UNIT

Name: POWELL, W. B. UNIT lease production and value, Mar 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 162848District 06Field 160321742 tax incentive programmesGasSave Export

Value, all time

$641 k

Mar 1997 – Jun 2015

Value, last 12 filed months

at the published price for each month

Months reported

220

no gaps in the span

Streams

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	1997-06-26	136647
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
Gas	Production	161,187 Mcf	$640,525
Total			$640,525

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 32.1617, -94.0950. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.16173, -94.09496 · 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

9,905 ft

1 wells filed one

Completion to plug

2.2 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 9,905 ft.

Completions filed

Oct 2016

1 of 1 wells

Plug dates filed

Dec 2018

1 of 1 wells

Last completion to plug: a median of 2.2 years across the 1 well that filed both dates, with the middle half between 2.2 years and 2.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-36533590	3	9,905 ft	Oct 2016	Dec 2018	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 (220)

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

220 months


Jun 2015	0	56.15	2.88	$0
May 2015	0	55.21	2.96	$0
Apr 2015	0	49.82	2.71	$0
Mar 2015	0	42.89	2.93	$0
Feb 2015	0	44.66	2.98	$0
Jan 2015	0	43.43	3.10	$0
Dec 2014	0	54.69	3.59	$0
Nov 2014	0	70.46	4.25	$0
Oct 2014	0	78.30	3.90	$0
Sep 2014	0	86.16	4.05	$0
Aug 2014	0	89.39	4.04	$0
Jul 2014	0	96.56	4.18	$0
Jun 2014	0	98.16	4.74	$0
May 2014	0	94.73	4.73	$0
Apr 2014	0	95.94	4.81	$0
Mar 2014	0	95.89	5.06	$0
Feb 2014	0	97.40	6.19	$0
Jan 2014	0	90.40	4.86	$0
Dec 2013	0	91.82	4.35	$0
Nov 2013	0	88.85	3.74	$0
Oct 2013	0	97.42	3.78	$0
Sep 2013	0	104.11	3.72	$0
Aug 2013	0	104.25	3.52	$0
Jul 2013	0	102.52	3.72	$0
Jun 2013	0	94.40	3.93	$0
May 2013	0	94.83	4.15	$0
Apr 2013	0	93.96	4.28	$0
Mar 2013	0	93.62	3.91	$0
Feb 2013	0	91.23	3.42	$0
Jan 2013	0	91.60	3.42	$0
Dec 2012	163	86.77	3.42	$557
Nov 2012	318	86.95	3.62	$1,153
Oct 2012	387	89.38	3.40	$1,316
Sep 2012	0	94.67	2.92	$0
Aug 2012	262	92.66	2.91	$762
Jul 2012	665	85.13	3.02	$2,009
Jun 2012	0	79.82	2.52	$0
May 2012	15	91.61	2.49	$37
Apr 2012	403	101.65	2.00	$805
Mar 2012	132	105.05	2.22	$293
Feb 2012	517	101.10	2.57	$1,329
Jan 2012	12	98.09	2.73	$33
Dec 2011	641	96.87	3.24	$2,077
Nov 2011	0	95.72	3.31	$0
Oct 2011	0	84.98	3.65	$0
Sep 2011	11	83.62	3.99	$44
Aug 2011	77	83.40	4.15	$320
Jul 2011	389	94.14	4.52	$1,757
Jun 2011	278	92.90	4.64	$1,290
May 2011	412	98.13	4.40	$1,815
Apr 2011	298	105.96	4.33	$1,291
Mar 2011	438	96.36	4.06	$1,777
Feb 2011	222	85.64	4.18	$928
Jan 2011	244	86.50	4.59	$1,120
Dec 2010	280	85.73	4.35	$1,217
Nov 2010	352	80.84	3.80	$1,336
Oct 2010	276	78.10	3.51	$968
Sep 2010	283	72.63	3.98	$1,126
Aug 2010	352	73.68	4.42	$1,556
Jul 2010	310	72.55	4.74	$1,468
Jun 2010	361	70.36	4.91	$1,773
May 2010	299	71.12	4.24	$1,266
Apr 2010	323	81.69	4.12	$1,332
Mar 2010	366	78.39	4.39	$1,606
Feb 2010	417	73.58	5.44	$2,269
Jan 2010	484	74.36	5.96	$2,887
Dec 2009	294	71.44	5.48	$1,612
Nov 2009	398	74.59	3.75	$1,493
Oct 2009	316	72.54	4.11	$1,299
Sep 2009	325	65.54	3.06	$996
Aug 2009	276	67.42	3.22	$888
Jul 2009	364	61.13	3.46	$1,261
Jun 2009	417	66.16	3.90	$1,624
May 2009	325	54.74	3.93	$1,276
Apr 2009	379	46.77	3.59	$1,360
Mar 2009	311	42.14	4.06	$1,262
Feb 2009	359	32.81	4.63	$1,663
Jan 2009	501	35.86	5.37	$2,691
Dec 2008	202	37.10	5.98	$1,207
Nov 2008	351	55.49	6.86	$2,408
Oct 2008	598	75.24	6.92	$4,139
Sep 2008	0	101.76	7.88	$0
Aug 2008	207	114.22	8.48	$1,756
Jul 2008	339	131.08	11.39	$3,861
Jun 2008	370	131.33	13.03	$4,822
May 2008	339	123.17	11.57	$3,924
Apr 2008	372	110.31	10.45	$3,889
Mar 2008	412	101.90	9.66	$3,982
Feb 2008	310	92.53	8.77	$2,719
Jan 2008	343	90.38	8.21	$2,815
Dec 2007	350	88.33	7.30	$2,556
Nov 2007	769	91.67	7.29	$5,607
Oct 2007	748	82.85	6.92	$5,178
Sep 2007	434	75.84	6.24	$2,710
Aug 2007	263	69.06	6.39	$1,680
Jul 2007	392	70.90	6.39	$2,504
Jun 2007	124	62.00	7.55	$936
May 2007	577	58.74	7.85	$4,527
Apr 2007	2,538	59.61	7.81	$19,810
Mar 2007	247	56.92	7.30	$1,804
Feb 2007	3,788	55.10	8.22	$31,122
Jan 2007	517	50.30	6.73	$3,478
Dec 2006	436	56.65	6.92	$3,016
Nov 2006	1,792	54.20	7.62	$13,651
Oct 2006	528	54.90	6.01	$3,175
Sep 2006	441	60.08	5.04	$2,221
Aug 2006	644	68.71	7.34	$4,727
Jul 2006	416	69.37	6.34	$2,639
Jun 2006	465	66.28	6.38	$2,969
May 2006	445	66.01	6.42	$2,859
Apr 2006	454	64.39	7.36	$3,342
Mar 2006	640	56.70	7.08	$4,533
Feb 2006	1,196	57.59	7.75	$9,270
Jan 2006	640	60.59	8.93	$5,717
Dec 2005	365	54.94	13.42	$4,897
Nov 2005	423	54.69	10.59	$4,479
Oct 2005	511	58.34	13.80	$7,050
Sep 2005	379	61.45	12.08	$4,578
Aug 2005	550	61.51	9.80	$5,388
Jul 2005	520	55.69	7.84	$4,079
Jun 2005	497	52.33	7.38	$3,668
May 2005	560	45.22	6.65	$3,725
Apr 2005	585	49.20	7.36	$4,306
Mar 2005	563	50.37	7.15	$4,028
Feb 2005	521	45.22	6.31	$3,289
Jan 2005	634	43.16	6.32	$4,008
Dec 2004	525	39.86	6.75	$3,544
Nov 2004	520	45.28	6.33	$3,292
Oct 2004	545	49.70	6.52	$3,551
Sep 2004	508	43.24	5.28	$2,684
Aug 2004	579	42.37	5.55	$3,214
Jul 2004	580	38.28	6.08	$3,529
Jun 2004	542	36.10	6.43	$3,487
May 2004	624	37.48	6.49	$4,053
Apr 2004	547	34.47	5.86	$3,205
Mar 2004	354	34.36	5.53	$1,958
Feb 2004	298	32.45	5.51	$1,642
Jan 2004	403	32.03	6.30	$2,539
Dec 2003	485	30.26	6.30	$3,056
Nov 2003	471	28.80	4.60	$2,164
Oct 2003	328	28.17	4.76	$1,561
Sep 2003	552	26.31	4.75	$2,622
Aug 2003	535	29.76	5.13	$2,744
Jul 2003	437	29.41	5.17	$2,260
Jun 2003	577	28.56	5.98	$3,452
May 2003	628	26.59	5.97	$3,751
Apr 2003	626	26.67	5.41	$3,385
Mar 2003	636	31.14	6.10	$3,877
Feb 2003	639	33.48	7.93	$5,065
Jan 2003	700	30.31	5.58	$3,907
Dec 2002	647	26.91	4.85	$3,140
Nov 2002	663	24.66	4.14	$2,743
Oct 2002	724	26.46	4.23	$3,062
Sep 2002	716	27.44	3.64	$2,603
Aug 2002	583	25.96	3.16	$1,845
Jul 2002	525	24.58	3.06	$1,607
Jun 2002	562	23.73	3.34	$1,876
May 2002	390	24.66	3.58	$1,398
Apr 2002	363	23.65	3.51	$1,275
Mar 2002	324	22.00	3.10	$1,005
Feb 2002	305	18.22	2.38	$725
Jan 2002	404	17.17	2.38	$960
Dec 2001	338	16.93	2.36	$799
Nov 2001	287	18.07	2.41	$690
Oct 2001	416	19.78	2.53	$1,052
Sep 2001	345	24.26	2.25	$777
Aug 2001	381	24.87	3.05	$1,163
Jul 2001	375	23.93	3.20	$1,199
Jun 2001	352	24.56	3.82	$1,346
May 2001	389	25.52	4.31	$1,676
Apr 2001	448	24.68	5.34	$2,390
Mar 2001	320	24.54	5.38	$1,720
Feb 2001	417	27.75	5.77	$2,405
Jan 2001	351	27.47	8.40	$2,948
Dec 2000	448	26.88	9.12	$4,087
Nov 2000	742	32.21	5.66	$4,198
Oct 2000	648	31.23	5.15	$3,334
Sep 2000	654	31.87	5.19	$3,392
Aug 2000	662	29.64	4.54	$3,006
Jul 2000	822	28.53	4.09	$3,362
Jun 2000	793	29.30	4.40	$3,487
May 2000	843	27.26	3.68	$3,102
Apr 2000	852	24.51	3.12	$2,655
Mar 2000	919	28.42	2.86	$2,628
Feb 2000	854	27.62	2.73	$2,328
Jan 2000	1,016	25.27	2.48	$2,520
Dec 1999	757	24.28	2.42	$1,835
Nov 1999	772	23.19	2.43	$1,879
Oct 1999	824	20.98	2.80	$2,310
Sep 1999	822	21.75	2.62	$2,153
Aug 1999	843	19.26	2.88	$2,424
Jul 1999	1,047	17.89	2.37	$2,484
Jun 1999	1,084	15.94	2.36	$2,561
May 1999	858	15.79	2.32	$1,991
Apr 1999	1,174	15.10	2.21	$2,592
Mar 1999	1,290	12.47	1.84	$2,371
Feb 1999	1,105	9.98	1.82	$2,009
Jan 1999	1,444	10.38	1.90	$2,744
Dec 1998	1,380	9.20	1.77	$2,447
Nov 1998	1,430	10.89	2.19	$3,126
Oct 1998	1,543	12.42	1.97	$3,038
Sep 1998	1,555	12.59	2.08	$3,238
Aug 1998	1,675	11.30	1.91	$3,195
Jul 1998	1,808	11.74	2.24	$4,045
Jun 1998	1,503	11.24	2.24	$3,363
May 1998	1,489	12.62	2.21	$3,285
Apr 1998	1,867	13.04	2.51	$4,677
Mar 1998	2,143	12.80	2.31	$4,949
Feb 1998	2,020	13.95	2.30	$4,644
Jan 1998	2,412	14.70	2.15	$5,197
Dec 1997	3,525	16.32	2.41	$8,499
Nov 1997	3,766	18.19	3.09	$11,630
Oct 1997	4,536	19.25	3.15	$14,288
Sep 1997	4,494	17.74	2.95	$13,279
Aug 1997	5,301	17.86	2.55	$13,543
Jul 1997	5,231	17.58	2.25	$11,754
Jun 1997	4,247	17.24	2.26	$9,586
May 1997	6,165	18.97	2.31	$14,232
Apr 1997	14,215	17.88	2.08	$29,607
Mar 1997	1,298	18.95	1.94	$2,517

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.

Dec 2012 — as filed, then multipliedworked

Gas                  163 Mcf  × $  3.42 =       $557

────────────────────────────────────────────────────
Month total                                     $557

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/162848 is the state's own key, not one this site invented.