POWERS, BILL A

Operated by SLANT OPERATING, LLC (P-5 786697) 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 219094District 06Field 160372002 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.7 M
Jan 2006 – Dec 2021
Value, last 12 filed months
$1 k
at the published price for each month
Months reported
192
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 Gas112006-10-02168907
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
CondensateDisposition5,032 bbl$350,727
GasProduction378,485 Mcf$2,358,831
Total$2,709,558

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 32.1238, -94.4885. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.12378, -94.48852 · 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
0.0%
0 of 1 wells
Median depth
10,055 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 10,055 ft.

Completions filed
Dec 2021
1 of 1 wells

1 well

42-36535798310,055 ftDec 2021Yes

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 (192)

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

192 months

Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20216079.795.71$479
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 202112063.483.02$762
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 202010044.642.68$446
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 2020019649.881.98$388
Jan 20201022057.252.09$1,033
Dec 2019025359.012.30$583
Nov 2019022155.302.75$608
Oct 2019024153.472.42$583
Sep 20191225855.052.66$1,346
Aug 2019021053.112.30$484
Jul 2019024856.272.46$610
Jun 2019024352.782.49$605
May 2019626658.482.74$1,080
Apr 2019026562.632.75$729
Mar 2019028056.803.06$857
Feb 2019027150.852.79$757
Jan 2019029646.033.23$956
Dec 2018027046.594.19$1,130
Nov 2018026652.934.24$1,127
Oct 2018040561.443.40$1,376
Sep 2018035859.543.11$1,113
Aug 2018033559.403.07$1,027
Jul 2018032465.142.93$950
Jun 201813731560.183.08$9,214
May 2018031465.382.90$911
Apr 2018028163.842.90$815
Mar 2018023861.222.79$663
Feb 201815219361.782.77$9,924
Jan 2018028062.874.01$1,123
Dec 2017022357.272.92$652
Nov 2017033055.423.12$1,029
Oct 2017032849.292.98$979
Sep 20173932547.523.09$2,857
Aug 2017020545.373.00$616
Jul 2017026743.873.09$824
Jun 2017039142.493.09$1,207
May 2017025045.373.26$816
Apr 2017019347.933.21$620
Mar 2017026646.772.98$794
Feb 20178930250.452.95$5,382
Jan 2017042549.413.42$1,453
Dec 20166540948.763.72$4,692
Nov 2016043442.492.64$1,148
Oct 2016042346.193.09$1,307
Sep 2016048241.553.10$1,495
Aug 2016049241.442.92$1,439
Jul 2016049241.622.92$1,439
Jun 20166050045.352.69$4,064
May 2016052642.521.99$1,047
Apr 2016050936.561.99$1,013
Mar 2016057133.011.79$1,024
Feb 2016046926.472.06$968
Jan 20165856127.352.36$2,913
Dec 2015055532.362.00$1,111
Nov 2015053338.792.17$1,155
Oct 2015057443.552.43$1,393
Sep 2015063242.992.76$1,743
Aug 20155039740.162.87$3,148
Jul 2015043348.152.95$1,275
Jun 2015045956.152.88$1,323
May 20153449255.212.96$3,331
Apr 2015049949.822.71$1,351
Mar 201593042.892.93$3,989
Feb 2015031544.662.98$938
Jan 2015041843.433.10$1,296
Dec 20145836954.693.59$4,497
Nov 2014032070.464.25$1,361
Oct 20142335278.303.90$3,174
Sep 20141530886.164.05$2,538
Aug 2014044889.394.04$1,808
Jul 20142140996.564.18$3,737
Jun 20144446898.164.74$6,536
May 2014046694.734.73$2,203
Apr 2014026095.944.81$1,250
Mar 2014034895.895.06$1,760
Feb 20143539097.406.19$5,824
Jan 2014051290.404.86$2,489
Dec 20135072791.824.35$7,757
Nov 2013039088.853.74$1,458
Oct 20135045897.423.78$6,602
Sep 20130227104.113.72$844
Aug 20130325104.253.52$1,145
Jul 201310301102.523.72$2,144
Jun 2013039394.403.93$1,546
May 20133069494.834.15$5,724
Apr 20135161393.964.28$7,417
Mar 2013070493.623.91$2,755
Feb 20136968391.233.42$8,631
Jan 2013170591.603.42$2,503
Dec 20123767286.773.42$5,509
Nov 2012068086.953.62$2,465
Oct 20122271289.383.40$4,387
Sep 20121061994.672.92$2,753
Aug 2012063892.662.91$1,855
Jul 20121770285.133.02$3,568
Jun 20123675879.822.52$4,783
May 201211,15291.612.49$2,958
Apr 2012221,106101.652.00$4,445
Mar 201211,843105.052.22$4,200
Feb 2012421,964101.102.57$9,294
Jan 201231,96998.092.73$5,678
Dec 2011491,69196.873.24$10,225
Nov 201111,57495.723.31$5,308
Oct 2011791,33784.983.65$11,592
Sep 201112,18883.623.99$8,805
Aug 201121,86683.404.15$7,909
Jul 201101,53494.144.52$6,929
Jun 201102,06292.904.64$9,567
May 2011542,13598.134.40$14,703
Apr 2011402,414105.964.33$14,699
Mar 2011442,88896.364.06$15,957
Feb 201121,81885.644.18$7,770
Jan 2011362,77786.504.59$15,857
Dec 2010513,13485.734.35$17,998
Nov 201012,64080.843.80$10,101
Oct 2010613,31278.103.51$16,386
Sep 20101023,17472.633.98$20,039
Aug 201023,20973.684.42$14,329
Jul 2010292,17372.554.74$12,396
Jun 201002,19770.364.91$10,788
May 201001,14271.124.24$4,837
Apr 2010221,27381.694.12$7,045
Mar 201002,88978.394.39$12,679
Feb 201002,05373.585.44$11,173
Jan 2010572,12174.365.96$16,888
Dec 2009402,42871.445.48$16,172
Nov 200913,86174.593.75$14,559
Oct 200903,08072.544.11$12,660
Sep 200922,83765.543.06$8,826
Aug 2009373,78267.423.22$14,667
Jul 200903,05661.133.46$10,588
Jun 2009694,26866.163.90$21,189
May 200914,13254.743.93$16,276
Apr 200901,06446.773.59$3,817
Mar 20090042.144.06$0
Feb 2009148732.814.63$2,289
Jan 2009913,39135.865.37$21,476
Dec 2008943,78737.105.98$26,123
Nov 20081133,62555.496.86$31,139
Oct 200804,01675.246.92$27,799
Sep 20081124,034101.767.88$43,173
Aug 200814,361114.228.48$37,109
Jul 2008904,880131.0811.39$67,378
Jun 200823,678131.3313.03$48,197
May 2008383,932123.1711.57$50,191
Apr 2008324,216110.3110.45$47,608
Mar 2008304,252101.909.66$44,149
Feb 2008324,34192.538.77$41,034
Jan 2008434,83390.388.21$43,545
Dec 2007434,98588.337.30$40,199
Nov 2007355,10491.677.29$40,425
Oct 2007565,08882.856.92$39,859
Sep 2007714,77775.846.24$35,213
Aug 2007684,28569.066.39$32,068
Jul 2007745,30570.906.39$39,135
Jun 2007995,38162.007.55$46,756
May 200785,89158.747.85$46,692
Apr 20071945,53259.617.81$54,743
Mar 2007895,41656.927.30$44,613
Feb 20071565,75055.108.22$55,838
Jan 2007146,99750.306.73$47,772
Dec 2006797,13956.656.92$53,866
Nov 200667,15154.207.62$54,798
Oct 2006427,69154.906.01$48,558
Sep 2006418,57860.085.04$45,672
Aug 2006518,86168.717.34$68,543
Jul 2006910,12069.376.34$64,813
Jun 2006799,34566.286.38$64,893
May 200615212,99466.016.42$93,520
Apr 200614914,54864.397.36$116,674
Mar 200615415,07256.707.08$115,486
Feb 200625815,49157.597.75$134,931
Jan 200616215,63060.598.93$149,443

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.

Oct 2021 — as filed, then multipliedworked
Condensate             6 bbl  × $ 79.79 =       $479
Gas                    0 Mcf  × $  5.71 =         $0

────────────────────────────────────────────────────
Month total                                     $479

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/219094 is the state's own key, not one this site invented.