POWELL RANCH "38"

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 172859District 08Field 835185002 tax incentive programmesCondensateGasSaveExport
Value, all time
$968 k
Feb 1999 – Jun 2024
Value, last 12 filed months
$0
at the published price for each month
Months reported
305
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 Gas112006-03-07166865
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
CondensateDisposition1,119 bbl$34,904
GasProduction228,267 Mcf$932,987
Total$967,891

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 32.1880, -101.2766. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.18798, -101.27662 · 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
7,836 ft
1 wells filed one
Completion to plug
25.3 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 7,836 ft.

Completions filed
Feb 1999
1 of 1 wells
Plug dates filed
Jun 2024
1 of 1 wells

Last completion to plug: a median of 25.3 years across the 1 well that filed both dates, with the middle half between 25.3 years and 25.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2273532017,836 ftFeb 1999Jun 2024Yes

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 (305)

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

305 months

Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
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 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 201319094.403.93$1,794
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 2009110072.544.11$7,979
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200803101.767.88$24
Aug 2008096114.228.48$814
Jul 20080191131.0811.39$2,175
Jun 20081245131.3313.03$3,324
May 20080499123.1711.57$5,776
Apr 20080496110.3110.45$5,186
Mar 20080503101.909.66$4,861
Feb 2008047392.538.77$4,148
Jan 2008166690.388.21$5,555
Dec 2007071188.337.30$5,192
Nov 2007166791.677.29$4,955
Oct 2007069082.856.92$4,776
Sep 2007178275.846.24$4,959
Aug 2007027869.066.39$1,776
Jul 2007053270.906.39$3,398
Jun 200723962.007.55$418
May 2007059558.747.85$4,669
Apr 2007034259.617.81$2,669
Mar 2007016456.927.30$1,198
Feb 2007020455.108.22$1,676
Jan 2007027950.306.73$1,877
Dec 2006048356.656.92$3,342
Nov 2006066654.207.62$5,073
Oct 2006083854.906.01$5,040
Sep 2006185260.085.04$4,352
Aug 2006086068.717.34$6,312
Jul 2006084369.376.34$5,347
Jun 2006076766.286.38$4,896
May 2006401,11566.016.42$9,804
Apr 200601,07964.397.36$7,942
Mar 200601,08356.707.08$7,671
Feb 200601,25157.597.75$9,697
Jan 2006075160.598.93$6,709
Dec 2005031554.9413.42$4,226
Nov 2005074454.6910.59$7,878
Oct 200503958.3413.80$538
Sep 2005256461.4512.08$6,935
Aug 200503161.519.80$304
Jul 2005161155.697.84$4,848
Jun 2005085652.337.38$6,318
May 2005199845.226.65$6,683
Apr 200511,22349.207.36$9,051
Mar 200551,12650.377.15$8,308
Feb 200501,14045.226.31$7,196
Jan 200501,36743.166.32$8,642
Dec 200401,55939.866.75$10,525
Nov 200401,43845.286.33$9,103
Oct 200401,58549.706.52$10,326
Sep 200401,57043.245.28$8,296
Aug 200411,61742.375.55$9,018
Jul 200401,30638.286.08$7,946
Jun 200401,46336.106.43$9,412
May 200401,88537.486.49$12,242
Apr 200401,85134.475.86$10,844
Mar 200411,96034.365.53$10,873
Feb 200401,89032.455.51$10,413
Jan 200401,99132.036.30$12,543
Dec 200302,19330.266.30$13,820
Nov 200302,08728.804.60$9,590
Oct 2003222,27428.174.76$11,443
Sep 200302,08426.314.75$9,898
Aug 2003842,51729.765.13$15,411
Jul 2003282,24629.415.17$12,437
Jun 200302,51028.565.98$15,017
May 200302,54526.595.97$15,200
Apr 2003046226.675.41$2,498
Mar 2003066631.146.10$4,060
Feb 200301,33033.487.93$10,541
Jan 200301,49330.315.58$8,334
Dec 2002085826.914.85$4,165
Nov 2002083924.664.14$3,471
Oct 2002087026.464.23$3,679
Sep 2002096227.443.64$3,497
Aug 200201,02525.963.16$3,243
Jul 200201,17824.583.06$3,607
Jun 20021501,22023.733.34$7,632
May 200201,35024.663.58$4,838
Apr 200201,11923.653.51$3,930
Mar 200201,10622.003.10$3,432
Feb 2002097918.222.38$2,326
Jan 200201,20517.172.38$2,863
Dec 200101,18916.932.36$2,811
Nov 200101,17118.072.41$2,817
Oct 2001011,70119.782.53$29,590
Sep 200101,26024.262.25$2,837
Aug 200101,36324.873.05$4,161
Jul 20011711,39223.933.20$8,542
Jun 200101,40524.563.82$5,373
May 200101,44225.524.31$6,211
Apr 200101,07024.685.34$5,709
Mar 200101,41624.545.38$7,613
Feb 200101,23227.755.77$7,105
Jan 200102,42527.478.40$20,367
Dec 200001,37826.889.12$12,571
Nov 200001,72132.215.66$9,737
Oct 200002,40231.235.15$12,359
Sep 200002,89531.875.19$15,015
Aug 200003,33329.644.54$15,134
Jul 200003,29228.534.09$13,463
Jun 200003,39529.304.40$14,929
May 20001433,20927.263.68$15,707
Apr 200003,65824.513.12$11,398
Mar 200003,89628.422.86$11,142
Feb 200003,90927.622.73$10,658
Jan 200004,00725.272.48$9,939
Dec 199903,64024.282.42$8,822
Nov 199904,82423.192.43$11,742
Oct 1999935,57020.982.80$17,568
Sep 199906,11821.752.62$16,022
Aug 199907,19619.262.88$20,693
Jul 19991517,93017.892.37$21,514
Jun 1999021015.942.36$496
May 1999010,42315.792.32$24,192
Apr 19992310,15415.102.21$22,768
Mar 19996613,79412.471.84$26,181
Feb 1999010,9579.981.82$19,918

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.

Jun 2013 — as filed, then multipliedworked
Condensate            19 bbl  × $ 94.40 =     $1,794
Gas                    0 Mcf  × $  3.93 =         $0

────────────────────────────────────────────────────
Month total                                   $1,794

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/172859 is the state's own key, not one this site invented.