POWELL RANCH "24"

Operated by HIGHPEAK ENERGY HOLDINGS, LLC (P-5 385826) in the SIGNAL PEAK (WOLFCAMP) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 172104District 08Field 835185002 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.7 M
Nov 1998 – May 2026
Value, last 12 filed months
$73 k
at the published price for each month
Months reported
331
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 132 leases and 253 wells, and the rule below applies to all of them.

Discovered
1983-04-23
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 80 acres. The field rule took effect on 2009-06-18.

The Commission's schedule remark for this field reads: 08-0223268 DATED 6/18/2009

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 Gas112006-03-21166867
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
CondensateDisposition4,434 bbl$190,583
GasProduction643,497 Mcf$2,477,113
Total$2,667,696

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 32.2282, -101.2838. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.22816, -101.28380 · 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
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
7,805 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
00.0%
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.
1100.0%

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 7,805 ft.

Completions filed
Nov 1998
1 of 1 wells

1 well

42-2273531717,805 ftNov 1998

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 (331)

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

331 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260589.753.15$16
Feb 20263121,05063.503.75$23,750
Jan 2026018259.138.00$1,456
Dec 20250556.664.41$22
Nov 20250158.593.93$4
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 2025032263.933.01$971
Jul 202507,70866.743.32$25,554
Jun 202506,64066.483.13$20,775
May 20250060.553.23$0
Apr 2025010362.363.54$365
Mar 20250067.704.27$0
Feb 202504470.884.34$191
Jan 202508074.324.28$342
Dec 2024010568.993.12$328
Nov 202409369.052.20$204
Oct 202408871.372.28$201
Sep 2024015069.612.36$355
Aug 2024016575.632.06$341
Jul 2024028079.932.15$601
Jun 202409678.082.63$253
May 202404078.812.20$88
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 202409876.091.78$175
Jan 202403273.023.30$106
Dec 202303271.262.61$84
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230489.042.74$11
Aug 20230480.522.67$11
Jul 20230474.852.64$11
Jun 20230468.962.26$9
May 20230470.622.23$9
Apr 20230478.122.24$9
Mar 202303072.852.39$72
Feb 2023016775.112.47$412
Jan 2023018976.533.39$640
Dec 2022019376.415.73$1,106
Nov 2022018785.005.65$1,056
Oct 2022015387.185.86$897
Sep 2022022684.888.16$1,845
Aug 2022021594.529.13$1,962
Jul 20220229101.587.54$1,727
Jun 20220225115.097.98$1,795
May 20220236109.378.43$1,990
Apr 20220225104.226.84$1,538
Mar 20220150108.885.08$761
Feb 2022016491.054.86$797
Jan 2022018681.844.54$844
Dec 2021024471.323.90$951
Nov 2021018777.435.24$979
Oct 2021023779.795.71$1,354
Sep 2021022769.865.35$1,215
Aug 2021023866.024.22$1,005
Jul 2021023870.783.98$948
Jun 2021023469.493.38$791
May 2021024463.483.02$736
Apr 2021023260.362.76$640
Mar 2021023761.302.72$644
Feb 2021017757.805.55$982
Jan 2021021950.412.81$615
Dec 2020025144.642.68$672
Nov 2020023238.772.71$628
Oct 2020032936.972.48$815
Sep 2020031937.091.99$635
Aug 2020032439.982.39$773
Jul 2020032338.371.83$590
Jun 2020031834.901.69$538
May 2020033516.921.81$608
Apr 2020032814.751.80$592
Mar 2020034030.341.86$631
Feb 2020031549.881.98$624
Jan 2020033557.252.09$702
Dec 2019034159.012.30$786
Nov 2019033355.302.75$916
Oct 2019034453.472.42$832
Sep 2019033155.052.66$880
Aug 2019033453.112.30$770
Jul 2019034256.272.46$841
Jun 2019033752.782.49$840
May 2019035558.482.74$973
Apr 2019033862.632.75$930
Mar 2019035356.803.06$1,081
Feb 2019032550.852.79$907
Jan 2019036146.033.23$1,165
Dec 2018036346.594.19$1,519
Nov 2018035052.934.24$1,483
Oct 2018035761.443.40$1,213
Sep 2018034659.543.11$1,075
Aug 2018035459.403.07$1,086
Jul 2018035565.142.93$1,041
Jun 2018034560.183.08$1,062
May 2018035565.382.90$1,030
Apr 2018034663.842.90$1,004
Mar 2018036361.222.79$1,012
Feb 2018033661.782.77$929
Jan 2018037062.874.01$1,483
Dec 2017036057.272.92$1,052
Nov 2017035455.423.12$1,104
Oct 2017036849.292.98$1,098
Sep 2017035747.523.09$1,102
Aug 2017037445.373.00$1,124
Jul 2017037643.873.09$1,161
Jun 2017037442.493.09$1,155
May 2017038845.373.26$1,266
Apr 2017041947.933.21$1,346
Mar 2017043746.772.98$1,304
Feb 2017032450.452.95$957
Jan 2017037549.413.42$1,282
Dec 2016039548.763.72$1,471
Nov 2016036942.492.64$976
Oct 2016043846.193.09$1,354
Sep 2016055841.553.10$1,730
Aug 2016062841.442.92$1,836
Jul 2016057241.622.92$1,673
Jun 201615641145.352.69$8,178
May 2016071242.521.99$1,418
Apr 2016076336.561.99$1,519
Mar 2016066733.011.79$1,197
Feb 2016051626.472.06$1,065
Jan 2016044427.352.36$1,050
Dec 2015050232.362.00$1,005
Nov 2015050938.792.17$1,103
Oct 2015068043.552.43$1,650
Sep 2015071342.992.76$1,967
Aug 2015073240.162.87$2,103
Jul 2015075448.152.95$2,221
Jun 2015078856.152.88$2,272
May 2015084655.212.96$2,500
Apr 201516395049.822.71$10,692
Mar 2015047842.892.93$1,403
Feb 2015044544.662.98$1,324
Jan 2015055543.433.10$1,721
Dec 2014068054.693.59$2,442
Nov 2014086070.464.25$3,657
Oct 2014096778.303.90$3,772
Sep 2014088986.164.05$3,596
Aug 2014088789.394.04$3,579
Jul 2014084996.564.18$3,548
Jun 2014081598.164.74$3,861
May 201401,03594.734.73$4,892
Apr 201401,00895.944.81$4,848
Mar 20141421,05195.895.06$18,931
Feb 2014095797.406.19$5,926
Jan 201401,06190.404.86$5,157
Dec 201301,06991.824.35$4,655
Nov 201301,04288.853.74$3,895
Oct 201301,08097.423.78$4,082
Sep 201301,062104.113.72$3,948
Aug 201301,110104.253.52$3,910
Jul 201301,127102.523.72$4,190
Jun 20131641,11194.403.93$19,852
May 201301,07994.834.15$4,477
Apr 2013098993.964.28$4,235
Mar 2013088693.623.91$3,467
Feb 201301,07091.233.42$3,659
Jan 201301,12591.603.42$3,847
Dec 201201,24986.773.42$4,272
Nov 201201,18886.953.62$4,306
Oct 201201,31489.383.40$4,467
Sep 20121541,34094.672.92$18,490
Aug 201201,43392.662.91$4,167
Jul 201201,45485.133.02$4,392
Jun 201201,46379.822.52$3,685
May 201201,53691.612.49$3,822
Apr 201201,065101.652.00$2,127
Mar 20120808105.052.22$1,795
Feb 20120550101.102.57$1,414
Jan 2012096698.092.73$2,641
Dec 2011095296.873.24$3,084
Nov 2011098395.723.31$3,255
Oct 201114898484.983.65$16,167
Sep 2011083283.623.99$3,316
Aug 2011078483.404.15$3,253
Jul 2011076694.144.52$3,460
Jun 2011077792.904.64$3,605
May 2011076998.134.40$3,387
Apr 20110629105.964.33$2,726
Mar 2011080796.364.06$3,274
Feb 201116060585.644.18$16,231
Jan 2011077686.504.59$3,561
Dec 2010183385.734.35$3,707
Nov 2010076880.843.80$2,915
Oct 2010072178.103.51$2,530
Sep 2010063472.633.98$2,523
Aug 2010066073.684.42$2,917
Jul 2010069672.554.74$3,297
Jun 2010066370.364.91$3,256
May 201016169071.124.24$14,373
Apr 2010038181.694.12$1,571
Mar 2010053578.394.39$2,348
Feb 2010056473.585.44$3,069
Jan 2010064674.365.96$3,853
Dec 2009064771.445.48$3,548
Nov 2009066674.593.75$2,499
Oct 2009070772.544.11$2,906
Sep 2009069665.543.06$2,133
Aug 2009073367.423.22$2,359
Jul 2009075561.133.46$2,616
Jun 2009074266.163.90$2,890
May 2009084654.743.93$3,321
Apr 2009066546.773.59$2,386
Mar 2009076542.144.06$3,105
Feb 2009069932.814.63$3,238
Jan 200914179935.865.37$9,348
Dec 2008074137.105.98$4,429
Nov 2008078955.496.86$5,413
Oct 2008084975.246.92$5,877
Sep 20080608101.767.88$4,789
Aug 20080779114.228.48$6,608
Jul 20080792131.0811.39$9,020
Jun 20080749131.3313.03$9,761
May 20080835123.1711.57$9,665
Apr 20080741110.3110.45$7,747
Mar 20080686101.909.66$6,630
Feb 2008057292.538.77$5,017
Jan 2008059290.388.21$4,858
Dec 2007067088.337.30$4,892
Nov 2007061291.677.29$4,463
Oct 2007057982.856.92$4,008
Sep 2007032875.846.24$2,048
Aug 2007031969.066.39$2,038
Jul 2007010470.906.39$664
Jun 200719062.007.55$741
May 2007087758.747.85$6,881
Apr 2007083459.617.81$6,510
Mar 2007088456.927.30$6,455
Feb 2007081355.108.22$6,680
Jan 2007093250.306.73$6,269
Dec 2006096656.656.92$6,683
Nov 2006099854.207.62$7,602
Oct 200601,09654.906.01$6,591
Sep 200601,12260.085.04$5,652
Aug 200601,22668.717.34$8,999
Jul 200601,32769.376.34$8,417
Jun 200601,64766.286.38$10,514
May 200601,81766.016.42$11,674
Apr 200601,78764.397.36$13,153
Mar 200601,92956.707.08$13,663
Feb 200601,35457.597.75$10,495
Jan 20061431,93060.598.93$25,906
Dec 200501,92254.9413.42$25,784
Nov 200501,91354.6910.59$20,256
Oct 200502,02258.3413.80$27,895
Sep 200501,70961.4512.08$20,643
Aug 200502,06561.519.80$20,230
Jul 2005282,09655.697.84$18,000
Jun 200502,08752.337.38$15,404
May 200502,17845.226.65$14,486
Apr 200502,14749.207.36$15,803
Mar 200502,29450.377.15$16,413
Feb 20051452,10245.226.31$19,825
Jan 200502,42143.166.32$15,306
Dec 200402,48239.866.75$16,756
Nov 200402,40945.286.33$15,250
Oct 200402,38849.706.52$15,558
Sep 200402,44643.245.28$12,924
Aug 200402,32342.375.55$12,894
Jul 200402,59238.286.08$15,770
Jun 200401,60636.106.43$10,331
May 200402,48437.486.49$16,133
Apr 200402,04934.475.86$12,004
Mar 200402,31334.365.53$12,791
Feb 20041492,17232.455.51$16,802
Jan 200402,35932.036.30$14,861
Dec 200302,25330.266.30$14,198
Nov 200302,33628.804.60$10,734
Oct 200302,45928.174.76$11,704
Sep 200302,40326.314.75$11,413
Aug 200302,49029.765.13$12,773
Jul 200302,52529.415.17$13,056
Jun 200302,44628.565.98$14,634
May 20031262,70426.595.97$19,500
Apr 200302,70426.675.41$14,621
Mar 200302,88431.146.10$17,581
Feb 200302,57133.487.93$20,377
Jan 200302,63430.315.58$14,703
Dec 200202,97926.914.85$14,459
Nov 20021603,00324.664.14$16,369
Oct 200203,07626.464.23$13,009
Sep 200203,17827.443.64$11,553
Aug 200203,25825.963.16$10,309
Jul 200203,47124.583.06$10,627
Jun 200203,46423.733.34$11,564
May 200203,68424.663.58$13,203
Apr 200203,63623.653.51$12,771
Mar 20021453,88122.003.10$15,232
Feb 200203,49618.222.38$8,305
Jan 200204,16217.172.38$9,888
Dec 200104,35816.932.36$10,304
Nov 200104,41118.072.41$10,611
Oct 200104,48619.782.53$11,345
Sep 200104,33524.262.25$9,759
Aug 200104,56124.873.05$13,925
Jul 200104,58323.933.20$14,652
Jun 20011474,59124.563.82$21,167
May 200104,90225.524.31$21,114
Apr 200105,00924.685.34$26,725
Mar 200105,25824.545.38$28,269
Feb 200104,93527.755.77$28,461
Jan 20011646,03227.478.40$55,166
Dec 200005,96126.889.12$54,379
Nov 200006,25632.215.66$35,396
Oct 200006,84731.235.15$35,231
Sep 200006,83831.875.19$35,465
Aug 20001477,42629.644.54$38,077
Jul 200007,38628.534.09$30,207
Jun 200007,17229.304.40$31,537
May 20001247,56727.263.68$31,225
Apr 200007,52124.513.12$23,435
Mar 200008,68628.422.86$24,840
Feb 20001618,67027.622.73$28,086
Jan 2000010,07825.272.48$24,998
Dec 1999010,72824.282.42$26,002
Nov 199915011,31623.192.43$31,022
Oct 1999012,19720.982.80$34,197
Sep 199910713,10521.752.62$36,647
Aug 1999014,64619.262.88$42,116
Jul 199915914,48017.892.37$37,196
Jun 1999021015.942.36$496
May 1999019,39415.792.32$45,014
Apr 199915419,05515.102.21$44,400
Mar 199916223,91012.471.84$45,975
Feb 1999026,5409.981.82$48,244
Jan 199921430,49010.381.90$60,151
Dec 199814420,1579.201.77$37,070
Nov 199823,95410.892.19$8,664

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 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $ 89.75 =         $0
Gas                    5 Mcf  × $  3.15 =        $16

────────────────────────────────────────────────────
Month total                                      $16

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. 08/G/172104 is the state's own key, not one this site invented.