POWELL "A-2" UNIT

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 165278District 06Field 160321742 tax incentive programmesGasSaveExport
Value, all time
$2.1 M
Aug 1997 – Nov 2006
Value, last 12 filed months
$131 k
at the published price for each month
Months reported
112
no gaps in the span
Streams
1
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 Gas111997-12-19137491
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
GasProduction560,544 Mcf$2,055,072
Total$2,055,072

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 32.1400, -94.1161. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.14002, -94.11606 · 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
9,855 ft
1 wells filed one
Completion to plug
9.3 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 9,855 ft.

Completions filed
Nov 2006
1 of 1 wells
Plug dates filed
Feb 2016
1 of 1 wells

Last completion to plug: a median of 9.3 years across the 1 well that filed both dates, with the middle half between 9.3 years and 9.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-3653366069,855 ftNov 2006Feb 2016Yes

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 (112)

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

112 months

Nov 2006054.207.62$0
Oct 2006054.906.01$0
Sep 2006060.085.04$0
Aug 200652268.717.34$3,831
Jul 20061,54069.376.34$9,768
Jun 20061,72966.286.38$11,038
May 20061,99866.016.42$12,837
Apr 20062,48264.397.36$18,269
Mar 20062,50156.707.08$17,714
Feb 20061,56057.597.75$12,092
Jan 20061,88060.598.93$16,795
Dec 20052,12854.9413.42$28,548
Nov 20052,60654.6910.59$27,593
Oct 20052,95258.3413.80$40,725
Sep 20052,36661.4512.08$28,579
Aug 20052,80761.519.80$27,500
Jul 20052,60155.697.84$20,401
Jun 20052,18352.337.38$16,113
May 20051,65045.226.65$10,974
Apr 20052,04349.207.36$15,037
Mar 20051,89150.377.15$13,530
Feb 20051,78745.226.31$11,279
Jan 20052,45543.166.32$15,521
Dec 20042,42639.866.75$16,378
Nov 20042,76345.286.33$17,491
Oct 20042,14549.706.52$13,975
Sep 20042,00443.245.28$10,589
Aug 20042,87742.375.55$15,969
Jul 20042,85038.286.08$17,340
Jun 20042,73336.106.43$17,581
May 20042,93037.486.49$19,029
Apr 20042,55734.475.86$14,980
Mar 20042,86834.365.53$15,860
Feb 20042,64032.455.51$14,545
Jan 20042,66832.036.30$16,807
Dec 20032,69030.266.30$16,951
Nov 20032,38428.804.60$10,955
Oct 20033,19728.174.76$15,217
Sep 20032,95626.314.75$14,039
Aug 20032,94129.765.13$15,087
Jul 20032,95729.415.17$15,290
Jun 20033,01128.565.98$18,015
May 20032,97026.595.97$17,739
Apr 20032,89826.675.41$15,670
Mar 20033,30231.146.10$20,129
Feb 20032,33633.487.93$18,515
Jan 20032,90830.315.58$16,233
Dec 20023,50126.914.85$16,993
Nov 20023,38724.664.14$14,012
Oct 20023,47626.464.23$14,700
Sep 20023,80727.443.64$13,839
Aug 20023,19425.963.16$10,106
Jul 20023,56324.583.06$10,909
Jun 20023,30023.733.34$11,016
May 20023,47424.663.58$12,451
Apr 20023,73623.653.51$13,122
Mar 20023,83522.003.10$11,899
Feb 20023,32018.222.38$7,887
Jan 20023,84017.172.38$9,123
Dec 20013,90416.932.36$9,231
Nov 20013,44618.072.41$8,289
Oct 20014,16319.782.53$10,528
Sep 20014,10324.262.25$9,237
Aug 20012,54024.873.05$7,755
Jul 20012,71023.933.20$8,664
Jun 20013,11624.563.82$11,916
May 20013,90825.524.31$16,833
Apr 20013,75224.685.34$20,018
Mar 20013,89624.545.38$20,947
Feb 20013,77327.755.77$21,759
Jan 20013,65227.478.40$30,672
Dec 20003,71326.889.12$33,872
Nov 20004,04332.215.66$22,875
Oct 20003,95931.235.15$20,371
Sep 20004,09631.875.19$21,244
Aug 20004,07929.644.54$18,522
Jul 20004,87928.534.09$19,954
Jun 20004,63729.304.40$20,390
May 20004,89227.263.68$18,001
Apr 20004,05124.513.12$12,623
Mar 20004,74228.422.86$13,561
Feb 20004,59827.622.73$12,536
Jan 20004,66925.272.48$11,581
Dec 19995,60424.282.42$13,583
Nov 19994,89823.192.43$11,922
Oct 19995,65820.982.80$15,863
Sep 19995,98421.752.62$15,671
Aug 19995,76819.262.88$16,586
Jul 19996,28617.892.37$14,913
Jun 19996,49015.942.36$15,330
May 19996,89415.792.32$16,001
Apr 19997,22515.102.21$15,953
Mar 19997,65312.471.84$14,069
Feb 19996,8739.981.82$12,494
Jan 19998,20010.381.90$15,580
Dec 19988,2229.201.77$14,580
Nov 19988,92410.892.19$19,505
Oct 19989,58512.421.97$18,875
Sep 19989,72612.592.08$20,256
Aug 199810,26811.301.91$19,585
Jul 199810,54611.742.24$23,594
Jun 199810,48811.242.24$23,464
May 199811,42512.622.21$25,207
Apr 199811,51213.042.51$28,841
Mar 199812,70112.802.31$29,332
Feb 199812,20513.952.30$28,061
Jan 199814,12514.702.15$30,436
Dec 199715,74616.322.41$37,965
Nov 199716,24218.193.09$50,160
Oct 199720,44219.253.15$64,389
Sep 199728,32917.742.95$83,709
Aug 199727,07917.862.55$69,180

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.

Aug 2006 — as filed, then multipliedworked
Gas                  522 Mcf  × $  7.34 =     $3,831

────────────────────────────────────────────────────
Month total                                   $3,831

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/165278 is the state's own key, not one this site invented.