POWELL, W. B.

Name: POWELL, W. B. lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by CHEVRON U. S. A. INC. (P-5 148113) in the CARTHAGE (COTTON VALLEY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 92750District 06Field 16032174NGPA filingCondensateGasSave Export

Value, all time

$158 k

Jan 1993 – Sep 2003

Value, last 12 filed months

at the published price for each month

Months reported

129

no gaps in the span

Streams

condensate, gas

The CARTHAGE (COTTON VALLEY) 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 4,104 leases and 4,104 wells, and the rule below applies to all of them.

Discovered

1968-05-01

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 40 acres. The field rule took effect on 2011-02-08.

The Commission's schedule remark for this field reads: “FIELD. EFFECTIVE 4/12/16.”

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
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	609 bbl	$10,795
Gas	Production	120,948 Mcf	$147,245
Total			$158,040

61,173 Mcf of this lease's gas, across 48 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

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 32.1684, -94.0988. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.16844, -94.09876 · 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

100.0%

1 of 1 wells

Median depth

9,850 ft

1 wells filed one

Completion to plug

10.2 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 9,850 ft.

Completions filed

Sep 2003

1 of 1 wells

Plug dates filed

Nov 2013

1 of 1 wells

Last completion to plug: a median of 10.2 years across the 1 well that filed both dates, with the middle half between 10.2 years and 10.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-36531143	2	9,850 ft	Sep 2003	Nov 2013	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 (129)

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

129 months


Sep 2003	0	0	26.31	4.75	$0
Aug 2003	0	0	29.76	5.13	$0
Jul 2003	0	0	29.41	5.17	$0
Jun 2003	0	0	28.56	5.98	$0
May 2003	0	0	26.59	5.97	$0
Apr 2003	0	0	26.67	5.41	$0
Mar 2003	0	0	31.14	6.10	$0
Feb 2003	0	0	33.48	7.93	$0
Jan 2003	0	0	30.31	5.58	$0
Dec 2002	0	0	26.91	4.85	$0
Nov 2002	0	0	24.66	4.14	$0
Oct 2002	0	0	26.46	4.23	$0
Sep 2002	0	0	27.44	3.64	$0
Aug 2002	0	0	25.96	3.16	$0
Jul 2002	0	0	24.58	3.06	$0
Jun 2002	0	0	23.73	3.34	$0
May 2002	0	0	24.66	3.58	$0
Apr 2002	0	0	23.65	3.51	$0
Mar 2002	0	0	22.00	3.10	$0
Feb 2002	0	0	18.22	2.38	$0
Jan 2002	0	0	17.17	2.38	$0
Dec 2001	0	0	16.93	2.36	$0
Nov 2001	0	0	18.07	2.41	$0
Oct 2001	0	0	19.78	2.53	$0
Sep 2001	0	0	24.26	2.25	$0
Aug 2001	0	0	24.87	3.05	$0
Jul 2001	0	0	23.93	3.20	$0
Jun 2001	0	0	24.56	3.82	$0
May 2001	0	0	25.52	4.31	$0
Apr 2001	0	0	24.68	5.34	$0
Mar 2001	0	50	24.54	5.38	$269
Feb 2001	0	0	27.75	5.77	$0
Jan 2001	0	0	27.47	8.40	$0
Dec 2000	0	0	26.88	9.12	$0
Nov 2000	0	0	32.21	5.66	$0
Oct 2000	0	0	31.23	5.15	$0
Sep 2000	0	0	31.87	5.19	$0
Aug 2000	0	12	29.64	4.54	$54
Jul 2000	0	771	28.53	4.09	$3,153
Jun 2000	0	297	29.30	4.40	$1,306
May 2000	0	1,089	27.26	3.68	$4,007
Apr 2000	0	1,085	24.51	3.12	$3,381
Mar 2000	0	1,180	28.42	2.86	$3,375
Feb 2000	0	1,123	27.62	2.73	$3,062
Jan 2000	0	1,038	25.27	2.48	$2,575
Dec 1999	0	1,048	24.28	2.42	$2,540
Nov 1999	0	1,138	23.19	2.43	$2,770
Oct 1999	0	1,174	20.98	2.80	$3,292
Sep 1999	0	1,202	21.75	2.62	$3,148
Aug 1999	0	1,247	19.26	2.88	$3,586
Jul 1999	0	1,289	17.89	2.37	$3,058
Jun 1999	0	1,239	15.94	2.36	$2,927
May 1999	0	1,355	15.79	2.32	$3,145
Apr 1999	0	1,108	15.10	2.21	$2,447
Mar 1999	0	1,297	12.47	1.84	$2,384
Feb 1999	0	995	9.98	1.82	$1,809
Jan 1999	0	1,135	10.38	1.90	$2,156
Dec 1998	0	1,231	9.20	1.77	$2,183
Nov 1998	0	1,425	10.89	2.19	$3,115
Oct 1998	0	1,517	12.42	1.97	$2,987
Sep 1998	0	1,508	12.59	2.08	$3,141
Aug 1998	0	1,561	11.30	1.91	$2,977
Jul 1998	0	1,716	11.74	2.24	$3,839
Jun 1998	0	1,478	11.24	2.24	$3,307
May 1998	0	1,928	12.62	2.21	$4,254
Apr 1998	0	1,843	13.04	2.51	$4,617
Mar 1998	0	1,462	12.80	2.31	$3,376
Feb 1998	0	1,484	13.95	2.30	$3,412
Jan 1998	0	1,658	14.70	2.15	$3,573
Dec 1997	0	1,438	16.32	2.41	$3,467
Nov 1997	0	1,975	18.19	3.09	$6,099
Oct 1997	0	1,957	19.25	3.15	$6,164
Sep 1997	0	2,075	17.74	2.95	$6,131
Aug 1997	0	2,026	17.86	2.55	$5,176
Jul 1997	0	2,103	17.58	2.25	$4,725
Jun 1997	0	1,624	17.24	2.26	$3,666
May 1997	0	1,686	18.97	2.31	$3,892
Apr 1997	0	1,243	17.88	2.08	$2,589
Mar 1997	0	1,417	18.95	1.94	$2,748
Feb 1997	0	1,241	20.49	2.21	$2,738
Jan 1997	121	1,307	23.48	3.54	$7,467
Dec 1996	4	1,156	23.32	—	$93
Nov 1996	3	977	21.97	—	$66
Oct 1996	4	1,432	23.31	—	$93
Sep 1996	2	1,150	22.22	—	$44
Aug 1996	5	1,386	20.26	—	$101
Jul 1996	2	1,990	19.55	—	$39
Jun 1996	3	1,269	18.73	—	$56
May 1996	195	1,178	19.43	—	$3,789
Apr 1996	3	1,262	21.51	—	$65
Mar 1996	0	973	19.38	—	$0
Feb 1996	2	1,050	16.98	—	$34
Jan 1996	3	831	17.07	—	$51
Dec 1995	3	1,225	17.19	—	$52
Nov 1995	0	1,390	16.00	—	$0
Oct 1995	5	889	15.43	—	$77
Sep 1995	2	1,494	16.18	—	$32
Aug 1995	2	1,841	15.92	—	$32
Jul 1995	5	1,859	15.24	—	$76
Jun 1995	0	1,837	16.41	—	$0
May 1995	2	1,560	17.56	—	$35
Apr 1995	3	1,488	17.73	—	$53
Mar 1995	2	1,141	16.44	—	$33
Feb 1995	2	574	16.58	—	$33
Jan 1995	0	1,139	15.92	—	$0
Dec 1994	0	977	15.03	—	$0
Nov 1994	1	1,283	15.90	—	$16
Oct 1994	0	1,890	15.58	—	$0
Sep 1994	0	2,311	15.29	—	$0
Aug 1994	1	2,681	16.13	—	$16
Jul 1994	0	2,006	17.56	—	$0
Jun 1994	4	1,531	17.09	—	$68
May 1994	0	1,372	15.88	—	$0
Apr 1994	7	1,346	14.14	—	$99
Mar 1994	4	1,099	12.46	—	$50
Feb 1994	0	686	12.50	—	$0
Jan 1994	195	1,024	12.66	—	$2,469
Dec 1993	3	1,006	12.33	—	$37
Nov 1993	2	973	14.49	—	$29
Oct 1993	2	1,114	15.85	—	$32
Sep 1993	0	928	15.03	—	$0
Aug 1993	3	1,046	15.66	—	$47
Jul 1993	4	814	15.46	—	$62
Jun 1993	4	966	16.79	—	$67
May 1993	1	1,271	17.68	—	$18
Apr 1993	2	919	18.05	—	$36
Mar 1993	1	773	18.14	—	$18
Feb 1993	1	923	17.90	—	$18
Jan 1993	1	1,143	16.93	—	$17

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.

Mar 2001 — as filed, then multipliedworked

Condensate             0 bbl  × $ 24.54 =         $0
Gas                   50 Mcf  × $  5.38 =       $269

────────────────────────────────────────────────────
Month total                                     $269

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/92750 is the state's own key, not one this site invented.