POWERS, BILL A

Operated by CRD OPERATING, LLC (P-5 186953) 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 222783District 06Field 160372002 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.7 M
Oct 2006 – Nov 2019
Value, last 12 filed months
$16 k
at the published price for each month
Months reported
158
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 Gas112007-03-06173258
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
CondensateDisposition2,271 bbl$173,999
GasProduction611,089 Mcf$3,531,736
Total$3,705,735

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 32.1247, -94.4924. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.12472, -94.49244 · 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
10,219 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 10,219 ft.

Completions filed
Dec 2019
1 of 1 wells

1 well

42-36536326610,219 ftDec 2019Yes

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 (158)

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

158 months

Nov 2019033055.302.75$908
Oct 2019058053.472.42$1,403
Sep 2019469655.052.66$2,070
Aug 2019029753.112.30$684
Jul 2019043356.272.46$1,065
Jun 2019042652.782.49$1,061
May 2019243958.482.74$1,320
Apr 2019043262.632.75$1,188
Mar 2019045256.803.06$1,384
Feb 2019044150.852.79$1,231
Jan 2019050446.033.23$1,627
Dec 2018051546.594.19$2,156
Nov 2018046252.934.24$1,958
Oct 2018041761.443.40$1,417
Sep 2018047959.543.11$1,489
Aug 2018047859.403.07$1,466
Jul 2018050365.142.93$1,475
Jun 2018038860.183.08$1,194
May 2018046265.382.90$1,340
Apr 2018048163.842.90$1,395
Mar 2018167461.222.79$1,940
Feb 2018544461.782.77$1,537
Jan 2018050262.874.01$2,013
Dec 2017048657.272.92$1,420
Nov 2017042555.423.12$1,325
Oct 20171636449.292.98$1,875
Sep 2017027847.523.09$858
Aug 20171136945.373.00$1,608
Jul 2017036543.873.09$1,127
Jun 2017056042.493.09$1,729
May 2017437245.373.26$1,395
Apr 2017036947.933.21$1,185
Mar 2017150346.772.98$1,548
Feb 2017085050.452.95$2,510
Jan 2017045749.413.42$1,562
Dec 20161950248.763.72$2,795
Nov 20162158442.492.64$2,437
Oct 2016056146.193.09$1,734
Sep 2016035841.553.10$1,110
Aug 2016362441.442.92$1,949
Jul 2016066041.622.92$1,930
Jun 2016363945.352.69$1,852
May 2016059242.521.99$1,179
Apr 2016277036.561.99$1,606
Mar 2016080533.011.79$1,444
Feb 2016041426.472.06$854
Jan 201641,13027.352.36$2,781
Dec 2015376132.362.00$1,620
Nov 201501,00238.792.17$2,172
Oct 2015245743.552.43$1,196
Sep 2015071742.992.76$1,978
Aug 2015362540.162.87$1,916
Jul 2015082548.152.95$2,430
Jun 2015101,98856.152.88$6,293
May 2015192,62455.212.96$8,804
Apr 2015253,68249.822.71$11,211
Mar 2015913242.892.93$773
Feb 201502,18144.662.98$6,491
Jan 2015342,64843.433.10$9,687
Dec 2014172,64854.693.59$10,440
Nov 201403,03370.464.25$12,896
Oct 2014403,27178.303.90$15,892
Sep 2014463,53786.164.05$18,272
Aug 201403,49789.394.04$14,111
Jul 2014802,53596.564.18$18,320
Jun 201403,21698.164.74$15,234
May 201404,23594.734.73$20,017
Apr 201403,44795.944.81$16,577
Mar 201403,27995.895.06$16,581
Feb 201402,86497.406.19$17,734
Jan 201402,96390.404.86$14,402
Dec 201303,91891.824.35$17,061
Nov 201303,74388.853.74$13,992
Oct 201304,37897.423.78$16,546
Sep 201303,541104.113.72$13,165
Aug 201301,268104.253.52$4,467
Jul 201301,913102.523.72$7,112
Jun 201332,00694.403.93$8,174
May 201311,20594.834.15$5,094
Apr 201321,27193.964.28$5,631
Mar 201331,99493.623.91$8,083
Feb 201312,48991.233.42$8,603
Jan 201362,87891.603.42$10,392
Dec 201212,78986.773.42$9,626
Nov 2012103,51086.953.62$13,593
Oct 201232,82589.383.40$9,872
Sep 201273,67394.672.92$11,382
Aug 201282,98892.662.91$9,431
Jul 201263,76685.133.02$11,887
Jun 201243,24679.822.52$8,496
May 2012143,85191.612.49$10,865
Apr 201273,292101.652.00$7,285
Mar 201273,128105.052.22$7,686
Feb 201283,208101.102.57$9,054
Jan 201213,32898.092.73$9,197
Dec 201163,79996.873.24$12,889
Nov 2011213,60595.723.31$13,947
Oct 2011222,23984.983.65$10,039
Sep 201103,88483.623.99$15,481
Aug 2011213,43583.404.15$16,004
Jul 201103,82394.144.52$17,269
Jun 2011143,77192.904.64$18,798
May 2011154,08498.134.40$19,461
Apr 2011233,881105.964.33$19,255
Mar 2011224,30296.364.06$19,575
Feb 2011172,57685.644.18$12,224
Jan 2011163,43586.504.59$17,146
Dec 2010213,82485.734.35$18,426
Nov 201013,31380.843.80$12,655
Oct 2010254,62678.103.51$18,185
Sep 2010194,11172.633.98$17,740
Aug 2010304,65073.684.42$22,760
Jul 2010474,71072.554.74$25,719
Jun 2010285,39870.364.91$28,476
May 201001,99471.124.24$8,445
Apr 2010323,86681.694.12$18,552
Mar 2010356,02078.394.39$29,163
Feb 2010243,46373.585.44$20,613
Jan 2010753,10774.365.96$24,107
Dec 2009514,68771.445.48$29,346
Nov 200904,67574.593.75$17,538
Oct 2009375,11272.544.11$23,696
Sep 2009465,59465.543.06$20,159
Aug 2009516,95267.423.22$25,813
Jul 2009486,05261.133.46$23,901
Jun 2009226,87966.163.90$28,249
May 2009848,91354.743.93$39,588
Apr 200902,01246.773.59$7,218
Mar 20090042.144.06$0
Feb 20092456132.814.63$3,387
Jan 2009535,50635.865.37$31,473
Dec 2008296,00337.105.98$36,957
Nov 2008316,14755.496.86$43,891
Oct 2008286,48875.246.92$47,017
Sep 2008275,631101.767.88$47,103
Aug 2008315,876114.228.48$53,387
Jul 2008525,157131.0811.39$65,551
Jun 2008276,695131.3313.03$90,799
May 2008466,731123.1711.57$83,572
Apr 2008447,396110.3110.45$82,178
Mar 2008487,995101.909.66$82,155
Feb 2008467,93592.538.77$73,851
Jan 2008669,01090.388.21$79,899
Dec 2007479,56888.337.30$74,017
Nov 20074210,10391.677.29$77,518
Oct 20071711,19982.856.92$78,928
Sep 20072512,26175.846.24$78,456
Aug 2007339,49669.066.39$62,939
Jul 20071910,82370.906.39$70,484
Jun 20073310,99062.007.55$85,003
May 20072912,46158.747.85$99,476
Apr 20072013,29959.617.81$104,994
Mar 20074215,95756.927.30$118,908
Feb 20073516,80155.108.22$139,966
Jan 20074421,98050.306.73$150,069
Dec 2006327,80356.656.92$192,523
Nov 2006133,75754.207.62$257,197
Oct 2006014,42154.906.01$86,725

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.

Nov 2019 — as filed, then multipliedworked
Condensate             0 bbl  × $ 55.30 =         $0
Gas                  330 Mcf  × $  2.75 =       $908

────────────────────────────────────────────────────
Month total                                     $908

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/222783 is the state's own key, not one this site invented.