POWELL, W.B. UNIT

Operated by PETROQUEST ENERGY, L.L.C. (P-5 660818) in the CARTHAGE (TRAVIS PEAK) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 270354District 06Field 16032812CondensateGasSaveExport
Value, all time
$478 k
Jan 2013 – Dec 2018
Value, last 12 filed months
$0
at the published price for each month
Months reported
72
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 873 leases and 896 wells, and the rule below applies to all of them.

Discovered
1943-06-10
as the register files it
Field class
Oil and gas
the register's own label
Between wells
933 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2006-10-10.

The Commission's schedule remark for this field reads: (PETTIT, LOWER).

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
CondensateDisposition1,327 bbl$100,046
GasProduction103,513 Mcf$378,315
Total$478,361

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 32.1617, -94.0950. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.16173, -94.09496 · 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
9,905 ft
1 wells filed one
Completion to plug
2.2 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 9,905 ft.

Completions filed
Oct 2016
1 of 1 wells
Plug dates filed
Dec 2018
1 of 1 wells

Last completion to plug: a median of 2.2 years across the 1 well that filed both dates, with the middle half between 2.2 years and 2.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-36533590039,905 ftOct 2016Dec 2018Yes

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 (72)

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

72 months

Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 201701349.292.98$39
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20174043.873.09$175
Jun 2017771742.493.09$2,511
May 201791,61045.373.26$5,662
Apr 20171296447.933.21$3,671
Mar 2017171,05846.772.98$3,952
Feb 20171995150.452.95$3,766
Jan 2017973049.413.42$2,940
Dec 2016427048.763.72$1,200
Nov 20161426642.492.64$1,298
Oct 20161233046.193.09$1,574
Sep 20161055741.553.10$2,143
Aug 20161440241.442.92$1,756
Jul 2016151,40741.622.92$4,739
Jun 20162555645.352.69$2,627
May 20162454142.521.99$2,098
Apr 20162756536.561.99$2,112
Mar 20162941333.011.79$1,698
Feb 20162139626.472.06$1,373
Jan 201611,11127.352.36$2,654
Dec 201501,27132.362.00$2,544
Nov 2015045138.792.17$977
Oct 201551,05243.552.43$2,771
Sep 20151491042.992.76$3,112
Aug 20151392740.162.87$3,185
Jul 2015887248.152.95$2,953
Jun 2015859956.152.88$2,176
May 20151582855.212.96$3,275
Apr 20152875149.822.71$3,428
Mar 20153982542.892.93$4,094
Feb 2015321,06344.662.98$4,593
Jan 2015311,24343.433.10$5,200
Dec 2014251,31854.693.59$6,101
Nov 2014261,29070.464.25$7,317
Oct 2014281,39078.303.90$7,615
Sep 2014241,55086.164.05$8,338
Aug 2014381,82989.394.04$10,777
Jul 2014441,97396.564.18$12,495
Jun 2014411,77398.164.74$12,423
May 2014411,39094.734.73$10,454
Apr 20143792795.944.81$8,008
Mar 2014381,66095.895.06$12,038
Feb 2014371,44997.406.19$12,576
Jan 2014441,63190.404.86$11,905
Dec 2013382,10491.824.35$12,651
Nov 2013512,27488.853.74$13,032
Oct 2013372,64997.423.78$13,616
Sep 2013343,379104.113.72$16,102
Aug 2013463,197104.253.52$16,057
Jul 2013462,898102.523.72$15,490
Jun 2013564,00694.403.93$21,044
May 2013333,17094.834.15$16,282
Apr 2013305,40893.964.28$25,979
Mar 2013368,27693.623.91$35,753
Feb 20133012,84091.233.42$46,649
Jan 2013111,48391.603.42$39,362

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 2017 — as filed, then multipliedworked
Condensate             0 bbl  × $ 49.29 =         $0
Gas                   13 Mcf  × $  2.98 =        $39

────────────────────────────────────────────────────
Month total                                      $39

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/270354 is the state's own key, not one this site invented.