POWERS, BILL

Operated by XTO ENERGY INC. (P-5 945936) in the CARTHAGE, S. (COTTON VALLEY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 198037District 06Field 160372002 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.1 M
Oct 2003 – May 2026
Value, last 12 filed months
$34 k
at the published price for each month
Months reported
272
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 101 leases and 101 wells, and the rule below applies to all of them.

Discovered
1978-02-20
as the register files it
Field class
Gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres.

The Commission's schedule remark for this field reads: AOF-1 AND AOF-2 EFFECTIVE 11/01/97.

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 Gas112004-04-12155970
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
CondensateDisposition12,140 bbl$679,782
GasProduction803,885 Mcf$4,466,580
Total$5,146,362

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 32.1285, -94.4955. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.12847, -94.49548 · 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
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
9,931 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
00.0%
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.
1100.0%

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 9,931 ft.

Completions filed
Oct 2003
1 of 1 wells

1 well

42-3653505839,931 ftOct 2003

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 (272)

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

272 months

May 20260250106.413.05$761
Apr 2026073798.932.87$2,115
Mar 2026047889.753.15$1,505
Feb 2026040963.503.75$1,534
Jan 2026016459.138.00$1,312
Dec 2025040556.664.41$1,787
Nov 20257353058.593.93$6,358
Oct 2025060459.383.30$1,996
Sep 2025095162.743.08$2,926
Aug 2025054663.933.01$1,646
Jul 2025731,51766.743.32$9,901
Jun 2025076166.483.13$2,381
May 2025041360.553.23$1,335
Apr 2025030462.363.54$1,077
Mar 20252824667.704.27$2,946
Feb 2025018270.884.34$790
Jan 2025029274.324.28$1,249
Dec 20242030168.993.12$2,319
Nov 2024028469.052.20$624
Oct 20242929871.372.28$2,750
Sep 2024030069.612.36$709
Aug 20243236375.632.06$3,169
Jul 2024056079.932.15$1,202
Jun 20243960578.082.63$4,639
May 2024067778.812.20$1,488
Apr 2024066884.451.66$1,108
Mar 20243983580.301.55$4,422
Feb 2024072876.091.78$1,298
Jan 20243583473.023.30$5,306
Dec 2023060171.262.61$1,569
Nov 20233257777.892.81$4,112
Oct 2023068885.443.09$2,124
Sep 20234665689.042.74$5,890
Aug 2023062980.522.67$1,681
Jul 2023071774.852.64$1,894
Jun 2023066568.962.26$1,502
May 20234973670.622.23$5,100
Apr 2023073478.122.24$1,643
Mar 20234689172.852.39$5,483
Feb 2023043875.112.47$1,080
Jan 20234679376.533.39$6,207
Dec 2022073376.415.73$4,199
Nov 20224565385.005.65$7,512
Oct 2022079087.185.86$4,632
Sep 2022082584.888.16$6,735
Aug 20224979794.529.13$11,906
Jul 20220814101.587.54$6,139
Jun 20220780115.097.98$6,222
May 20220669109.378.43$5,642
Apr 202244727104.226.84$9,557
Mar 20220739108.885.08$3,751
Feb 20224468391.054.86$7,325
Jan 2022078581.844.54$3,562
Dec 20215666171.323.90$6,571
Nov 2021066777.435.24$3,493
Oct 20216773579.795.71$9,546
Sep 2021091569.865.35$4,896
Aug 20217393966.024.22$8,783
Jul 20216594870.783.98$8,376
Jun 202101,00669.493.38$3,401
May 2021060463.483.02$1,823
Apr 2021051360.362.76$1,415
Mar 2021491,12861.302.72$6,068
Feb 2021064857.805.55$3,595
Jan 20214497350.412.81$4,952
Dec 2020351,05544.642.68$4,385
Nov 2020096838.772.71$2,620
Oct 20202179236.972.48$2,739
Sep 2020080237.091.99$1,597
Aug 20202477339.982.39$2,803
Jul 2020094138.371.83$1,717
Jun 2020096534.901.69$1,631
May 2020251,11816.921.81$2,452
Apr 202001,30514.751.80$2,355
Mar 2020261,37830.341.86$3,347
Feb 202001,39749.881.98$2,767
Jan 2020271,42757.252.09$4,535
Dec 201901,04259.012.30$2,401
Nov 2019201,15955.302.75$4,294
Oct 201901,15953.472.42$2,803
Sep 201901,00655.052.66$2,673
Aug 20191598053.112.30$3,055
Jul 201901,03656.272.46$2,549
Jun 20191793652.782.49$3,229
May 2019201,17558.482.74$4,389
Apr 20192687462.632.75$4,032
Mar 201901,05056.803.06$3,215
Feb 2019231,24550.852.79$4,646
Jan 201901,16446.033.23$3,758
Dec 2018261,33046.594.19$6,778
Nov 2018099752.934.24$4,225
Oct 2018251,20361.443.40$5,624
Sep 2018095859.543.11$2,977
Aug 2018271,38859.403.07$5,860
Jul 201801,72165.142.93$5,046
Jun 2018241,31860.183.08$5,500
May 201801,18265.382.90$3,429
Apr 2018251,61163.842.90$6,269
Mar 201801,64061.222.79$4,570
Feb 2018251,52461.782.77$5,760
Jan 201801,95262.874.01$7,826
Dec 2017191,32657.272.92$4,962
Nov 2017181,50355.423.12$5,684
Oct 201701,22949.292.98$3,667
Sep 2017181,59247.523.09$5,770
Aug 2017221,50345.373.00$5,514
Jul 201701,62143.873.09$5,004
Jun 2017211,91242.493.09$6,795
May 2017201,44645.373.26$5,626
Apr 2017201,23147.933.21$4,912
Mar 201701,57946.772.98$4,711
Feb 2017221,42050.452.95$5,303
Jan 2017231,53749.413.42$6,391
Dec 20162074648.763.72$3,752
Nov 201601,97142.492.64$5,212
Oct 2016182,01346.193.09$7,052
Sep 201601,46241.553.10$4,533
Aug 2016192,09941.442.92$6,926
Jul 2016222,39541.622.92$7,919
Jun 201602,02345.352.69$5,433
May 2016212,42842.521.99$5,727
Apr 201601,40636.561.99$2,799
Mar 2016222,46833.011.79$5,154
Feb 2016192,26326.472.06$5,173
Jan 2016282,66627.352.36$7,069
Dec 2015282,43632.362.00$5,782
Nov 201501,56538.792.17$3,392
Oct 2015331,77543.552.43$5,744
Sep 201502,03542.992.76$5,613
Aug 2015321,74940.162.87$6,309
Jul 201501,79848.152.95$5,295
Jun 2015322,13256.152.88$7,943
May 201501,97955.212.96$5,849
Apr 2015232,00749.822.71$6,578
Mar 201501,97942.892.93$5,808
Feb 2015491,43544.662.98$6,459
Jan 2015252,03343.433.10$7,389
Dec 201402,36854.693.59$8,504
Nov 2014191,89170.464.25$9,379
Oct 201402,17378.303.90$8,477
Sep 201402,08186.164.05$8,419
Aug 2014181,54889.394.04$7,855
Jul 2014221,25396.564.18$7,361
Jun 201401,30098.164.74$6,158
May 2014331,38494.734.73$9,668
Apr 201401,31695.944.81$6,329
Mar 2014341,94395.895.06$13,086
Feb 2014301,53197.406.19$12,402
Jan 2014281,29890.404.86$8,840
Dec 2013311,57691.824.35$9,709
Nov 201301,55388.853.74$5,806
Oct 2013421,34297.423.78$9,164
Sep 201302,160104.113.72$8,030
Aug 2013371,516104.253.52$9,198
Jul 2013741,325102.523.72$12,512
Jun 2013098994.403.93$3,890
May 2013251,59894.834.15$9,001
Apr 201301,72393.964.28$7,379
Mar 2013212,65593.623.91$12,355
Feb 201302,05291.233.42$7,018
Jan 2013412,73491.603.42$13,106
Dec 201202,56886.773.42$8,783
Nov 2012222,55086.953.62$11,157
Oct 2012372,51889.383.40$11,867
Sep 2012332,37094.672.92$10,041
Aug 201202,09392.662.91$6,087
Jul 2012362,83485.133.02$11,626
Jun 2012292,89079.822.52$9,595
May 2012322,44391.612.49$9,010
Apr 201202,205101.652.00$4,403
Mar 2012632,933105.052.22$13,136
Feb 2012282,657101.102.57$9,660
Jan 2012312,51898.092.73$9,925
Dec 2011282,85796.873.24$11,968
Nov 2011292,43795.723.31$10,845
Oct 2011312,62184.983.65$12,197
Sep 201102,11283.623.99$8,418
Aug 2011312,09083.404.15$11,257
Jul 2011242,21194.144.52$12,247
Jun 2011221,83792.904.64$10,567
May 2011202,08298.134.40$11,133
Apr 201102,046105.964.33$8,866
Mar 201103,03896.364.06$12,326
Feb 201102,53785.644.18$10,605
Jan 201102,55486.504.59$11,720
Dec 201001,79285.734.35$7,791
Nov 201002,09080.843.80$7,932
Oct 2010132,34378.103.51$9,237
Sep 2010192,29772.633.98$10,521
Aug 201012,77873.684.42$12,351
Jul 2010182,37672.554.74$12,560
Jun 2010182,56370.364.91$13,852
May 2010182,79271.124.24$13,105
Apr 2010182,92681.694.12$13,533
Mar 2010462,89778.394.39$16,320
Feb 2010234,83073.585.44$27,979
Jan 2010213,18074.365.96$20,527
Dec 200913,61771.445.48$19,906
Nov 200905,08874.593.75$19,088
Oct 200905,67572.544.11$23,326
Sep 200905,86365.543.06$17,969
Aug 200906,96567.423.22$22,417
Jul 200902,92061.133.46$10,116
Jun 200905,19566.163.90$20,235
May 2009254,95254.743.93$20,809
Apr 2009201,55246.773.59$6,503
Mar 20090042.144.06$0
Feb 200904732.814.63$218
Jan 2009473,99335.865.37$23,132
Dec 2008594,57837.105.98$29,552
Nov 2008424,45655.496.86$32,900
Oct 2008563,95775.246.92$31,604
Sep 2008563,206101.767.88$30,953
Aug 20081093,599114.228.48$42,980
Jul 20081183,342131.0811.39$53,531
Jun 2008723,536131.3313.03$55,539
May 2008893,664123.1711.57$53,370
Apr 2008433,832110.3110.45$44,806
Mar 2008573,856101.909.66$43,073
Feb 2008584,09892.538.77$41,309
Jan 2008814,58090.388.21$44,903
Dec 2007694,84088.337.30$41,436
Nov 2007444,54391.677.29$37,160
Oct 2007735,73882.856.92$45,766
Sep 2007664,70275.846.24$34,365
Aug 2007604,57469.066.39$33,362
Jul 2007624,64570.906.39$34,068
Jun 2007364,82662.007.55$38,661
May 2007864,83458.747.85$42,981
Apr 2007734,50359.617.81$39,498
Mar 2007904,86956.927.30$40,676
Feb 2007765,17555.108.22$46,705
Jan 2007685,61550.306.73$41,192
Dec 2006515,33256.656.92$39,778
Nov 2006835,38354.207.62$45,503
Oct 20061176,16854.906.01$43,516
Sep 2006866,87760.085.04$39,808
Aug 20061107,03468.717.34$59,187
Jul 2006766,82169.376.34$48,536
Jun 20061006,36066.286.38$47,229
May 2006936,63266.016.42$48,750
Apr 2006915,96464.397.36$49,757
Mar 2006296,26356.707.08$46,005
Feb 2006755,33657.597.75$45,679
Jan 2006305,55260.598.93$51,415
Dec 2005255,27454.9413.42$72,126
Nov 2005364,72854.6910.59$52,031
Oct 2005356,55258.3413.80$92,432
Sep 20051096,53161.4512.08$85,586
Aug 20051068,16361.519.80$86,492
Jul 20051088,18655.697.84$70,223
Jun 20052188,13352.337.38$71,438
May 20051058,07945.226.65$58,483
Apr 20052278,59149.207.36$74,402
Mar 20051118,42750.377.15$65,885
Feb 20053168,31645.226.31$66,779
Jan 20052368,59043.166.32$64,493
Dec 20042489,86439.866.75$76,478
Nov 20041986,85145.286.33$52,335
Oct 20042246,72749.706.52$54,960
Sep 20043129,89843.245.28$65,791
Aug 20042009,86742.375.55$63,242
Jul 20042659,96538.286.08$70,773
Jun 200427610,91936.106.43$80,206
May 200423611,86137.486.49$85,877
Apr 200423412,52034.475.86$81,414
Mar 200427213,31534.365.53$82,980
Feb 200417512,84632.455.51$76,455
Jan 200434417,75532.036.30$122,868
Dec 200346421,22530.266.30$147,793
Nov 200365830,54528.804.60$159,310
Oct 200345122,39428.174.76$119,292

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 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $106.41 =         $0
Gas                  250 Mcf  × $  3.05 =       $761

────────────────────────────────────────────────────
Month total                                     $761

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/198037 is the state's own key, not one this site invented.