POWELL, MIRIAM GAS UNIT NO. 1

Name: POWELL, MIRIAM GAS UNIT NO. 1 lease production and value, Jul 2008 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by SABINE OIL & GAS CORPORATION (P-5 742143) in the MINDEN (COTTON VALLEY CONS.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 244180District 06Field 617921112 tax incentive programmesCondensateGasSave Export

Value, all time

$2.5 M

Jul 2008 – Oct 2018

Value, last 12 filed months

$57 k

at the published price for each month

Months reported

124

no gaps in the span

Streams

condensate, gas

The MINDEN (COTTON VALLEY CONS.) 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 456 leases and 456 wells, and the rule below applies to all of them.

Discovered

2005-09-27

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 20 acres. The field rule took effect on 2018-03-20.

The Commission's schedule remark for this field reads: “EXCEPTION TO SWR51(A) 30 DAY RULE.”

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	2009-02-09	189468
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
Condensate	Disposition	1,654 bbl	$121,336
Gas	Production	524,232 Mcf	$2,390,802
Total			$2,512,138

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 32.1060, -94.7459. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.10604, -94.74595 · 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

0.0%

0 of 1 wells

Median depth

10,895 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 10,895 ft.

Completions filed

Nov 2018

1 of 1 wells

1 well


42-40134737	13	10,895 ft	Nov 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 (124)

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

124 months


Oct 2018	0	898	61.44	3.40	$3,051
Sep 2018	0	1,606	59.54	3.11	$4,991
Aug 2018	0	1,917	59.40	3.07	$5,879
Jul 2018	0	1,766	65.14	2.93	$5,178
Jun 2018	0	1,649	60.18	3.08	$5,074
May 2018	0	1,672	65.38	2.90	$4,850
Apr 2018	0	1,404	63.84	2.90	$4,073
Mar 2018	0	1,536	61.22	2.79	$4,281
Feb 2018	0	1,400	61.78	2.77	$3,873
Jan 2018	0	1,605	62.87	4.01	$6,435
Dec 2017	0	1,531	57.27	2.92	$4,473
Nov 2017	0	1,550	55.42	3.12	$4,833
Oct 2017	0	1,665	49.29	2.98	$4,968
Sep 2017	0	1,579	47.52	3.09	$4,875
Aug 2017	0	1,667	45.37	3.00	$5,008
Jul 2017	0	1,709	43.87	3.09	$5,276
Jun 2017	0	1,582	42.49	3.09	$4,884
May 2017	0	1,635	45.37	3.26	$5,336
Apr 2017	164	1,608	47.93	3.21	$13,025
Mar 2017	0	1,538	46.77	2.98	$4,589
Feb 2017	0	1,417	50.45	2.95	$4,184
Jan 2017	0	1,538	49.41	3.42	$5,258
Dec 2016	0	1,582	48.76	3.72	$5,890
Nov 2016	0	1,655	42.49	2.64	$4,376
Oct 2016	0	1,715	46.19	3.09	$5,300
Sep 2016	0	1,640	41.55	3.10	$5,085
Aug 2016	0	1,771	41.44	2.92	$5,179
Jul 2016	0	1,882	41.62	2.92	$5,504
Jun 2016	0	1,793	45.35	2.69	$4,816
May 2016	0	1,733	42.52	1.99	$3,450
Apr 2016	0	1,663	36.56	1.99	$3,311
Mar 2016	0	1,850	33.01	1.79	$3,319
Feb 2016	0	1,848	26.47	2.06	$3,814
Jan 2016	1	2,143	27.35	2.36	$5,094
Dec 2015	2	2,164	32.36	2.00	$4,396
Nov 2015	1	2,206	38.79	2.17	$4,820
Oct 2015	2	2,288	43.55	2.43	$5,639
Sep 2015	0	2,210	42.99	2.76	$6,096
Aug 2015	0	2,220	40.16	2.87	$6,377
Jul 2015	0	2,157	48.15	2.95	$6,353
Jun 2015	0	2,189	56.15	2.88	$6,311
May 2015	0	2,257	55.21	2.96	$6,670
Apr 2015	1	2,248	49.82	2.71	$6,134
Mar 2015	0	2,339	42.89	2.93	$6,864
Feb 2015	0	1,963	44.66	2.98	$5,842
Jan 2015	3	2,310	43.43	3.10	$7,293
Dec 2014	0	2,458	54.69	3.59	$8,828
Nov 2014	0	2,351	70.46	4.25	$9,996
Oct 2014	1	2,523	78.30	3.90	$9,920
Sep 2014	0	2,419	86.16	4.05	$9,786
Aug 2014	2	2,478	89.39	4.04	$10,178
Jul 2014	1	2,553	96.56	4.18	$10,767
Jun 2014	171	2,549	98.16	4.74	$28,860
May 2014	1	2,609	94.73	4.73	$12,426
Apr 2014	1	2,610	95.94	4.81	$12,648
Mar 2014	1	2,639	95.89	5.06	$13,441
Feb 2014	0	2,412	97.40	6.19	$14,935
Jan 2014	4	2,591	90.40	4.86	$12,956
Dec 2013	2	2,649	91.82	4.35	$11,719
Nov 2013	2	2,756	88.85	3.74	$10,480
Oct 2013	2	3,000	97.42	3.78	$11,533
Sep 2013	0	2,847	104.11	3.72	$10,584
Aug 2013	0	3,064	104.25	3.52	$10,793
Jul 2013	4	2,947	102.52	3.72	$11,366
Jun 2013	1	2,880	94.40	3.93	$11,423
May 2013	1	3,095	94.83	4.15	$12,936
Apr 2013	2	2,928	93.96	4.28	$12,727
Mar 2013	1	3,222	93.62	3.91	$12,701
Feb 2013	5	2,824	91.23	3.42	$10,114
Jan 2013	2	3,109	91.60	3.42	$10,816
Dec 2012	1	3,123	86.77	3.42	$10,768
Nov 2012	0	3,058	86.95	3.62	$11,085
Oct 2012	6	3,254	89.38	3.40	$11,599
Sep 2012	2	3,214	94.67	2.92	$9,569
Aug 2012	71	3,384	92.66	2.91	$16,420
Jul 2012	1	3,328	85.13	3.02	$10,138
Jun 2012	0	3,235	79.82	2.52	$8,149
May 2012	0	3,412	91.61	2.49	$8,490
Apr 2012	2	3,496	101.65	2.00	$7,184
Mar 2012	4	3,725	105.05	2.22	$8,697
Feb 2012	5	3,486	101.10	2.57	$9,465
Jan 2012	10	3,771	98.09	2.73	$11,291
Dec 2011	16	3,767	96.87	3.24	$13,754
Nov 2011	0	3,932	95.72	3.31	$13,020
Oct 2011	0	4,126	84.98	3.65	$15,054
Sep 2011	0	3,958	83.62	3.99	$15,776
Aug 2011	0	3,878	83.40	4.15	$16,091
Jul 2011	0	4,289	94.14	4.52	$19,374
Jun 2011	0	4,185	92.90	4.64	$19,418
May 2011	189	4,371	98.13	4.40	$37,800
Apr 2011	10	4,256	105.96	4.33	$19,502
Mar 2011	10	4,464	96.36	4.06	$19,076
Feb 2011	0	4,109	85.64	4.18	$17,176
Jan 2011	0	4,683	86.50	4.59	$21,489
Dec 2010	27	4,694	85.73	4.35	$22,723
Nov 2010	3	4,655	80.84	3.80	$17,910
Oct 2010	0	4,865	78.10	3.51	$17,071
Sep 2010	27	4,921	72.63	3.98	$21,544
Aug 2010	0	5,232	73.68	4.42	$23,122
Jul 2010	2	5,431	72.55	4.74	$25,869
Jun 2010	0	5,348	70.36	4.91	$26,261
May 2010	31	5,592	71.12	4.24	$25,888
Apr 2010	0	5,632	81.69	4.12	$23,219
Mar 2010	6	5,901	78.39	4.39	$26,368
Feb 2010	4	5,722	73.58	5.44	$31,436
Jan 2010	0	6,330	74.36	5.96	$37,753
Dec 2009	0	6,743	71.44	5.48	$36,977
Nov 2009	170	7,014	74.59	3.75	$38,993
Oct 2009	0	7,636	72.54	4.11	$31,386
Sep 2009	0	7,703	65.54	3.06	$23,608
Aug 2009	0	8,359	67.42	3.22	$26,903
Jul 2009	0	8,644	61.13	3.46	$29,947
Jun 2009	42	8,987	66.16	3.90	$37,783
May 2009	0	9,730	54.74	3.93	$38,198
Apr 2009	0	9,749	46.77	3.59	$34,975
Mar 2009	52	11,211	42.14	4.06	$47,697
Feb 2009	28	11,104	32.81	4.63	$52,364
Jan 2009	199	13,526	35.86	5.37	$79,784
Dec 2008	24	15,251	37.10	5.98	$92,048
Nov 2008	49	17,746	55.49	6.86	$124,463
Oct 2008	209	22,480	75.24	6.92	$171,331
Sep 2008	16	32,388	101.76	7.88	$256,751
Aug 2008	39	23,300	114.22	8.48	$202,109
Jul 2008	21	23	131.08	11.39	$3,015

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 2018 — as filed, then multipliedworked

Condensate             0 bbl  × $ 61.44 =         $0
Gas                  898 Mcf  × $  3.40 =     $3,051

────────────────────────────────────────────────────
Month total                                   $3,051

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/244180 is the state's own key, not one this site invented.