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 188988District 08Field 835185002 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.1 M
Mar 2002 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
291
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 Gas112006-03-07166853
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
CondensateDisposition1,528 bbl$80,983
GasProduction193,720 Mcf$1,035,634
Total$1,116,617

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 32.2326, -101.2801. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.23259, -101.28005 · 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
7,880 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 7,880 ft.

Completions filed
Oct 2000
1 of 1 wells

1 well

42-2273557837,880 ftOct 2000

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 (291)

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

291 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
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 2016149141.553.10$6,194
Aug 20160041.442.92$0
Jul 2016039041.622.92$1,140
Jun 2016039445.352.69$1,058
May 2016034542.521.99$687
Apr 2016036936.561.99$735
Mar 2016035633.011.79$639
Feb 2016035026.472.06$722
Jan 2016045327.352.36$1,071
Dec 2015051132.362.00$1,023
Nov 2015053038.792.17$1,149
Oct 2015050943.552.43$1,235
Sep 2015039642.992.76$1,092
Aug 2015043940.162.87$1,261
Jul 2015043348.152.95$1,275
Jun 2015038856.152.88$1,119
May 2015040455.212.96$1,194
Apr 2015047849.822.71$1,294
Mar 2015051342.892.93$1,506
Feb 2015050244.662.98$1,494
Jan 2015065043.433.10$2,015
Dec 2014073054.693.59$2,622
Nov 2014048070.464.25$2,041
Oct 2014029578.303.90$1,151
Sep 2014042286.164.05$1,707
Aug 2014051989.394.04$2,094
Jul 2014048496.564.18$2,023
Jun 2014043898.164.74$2,075
May 2014053094.734.73$2,505
Apr 2014044895.944.81$2,154
Mar 2014055995.895.06$2,827
Feb 2014049397.406.19$3,053
Jan 2014072590.404.86$3,524
Dec 2013083491.824.35$3,632
Nov 2013080288.853.74$2,998
Oct 2013083197.423.78$3,141
Sep 20130805104.113.72$2,993
Aug 20130837104.253.52$2,948
Jul 20130842102.523.72$3,130
Jun 201316082294.403.93$18,337
May 2013087094.834.15$3,610
Apr 2013083393.964.28$3,567
Mar 2013071093.623.91$2,778
Feb 2013086791.233.42$2,965
Jan 2013097491.603.42$3,331
Dec 201201,00786.773.42$3,444
Nov 2012098386.953.62$3,563
Oct 201201,03989.383.40$3,532
Sep 201201,03894.672.92$3,029
Aug 201201,12292.662.91$3,263
Jul 201201,13385.133.02$3,423
Jun 201201,18779.822.52$2,990
May 20121541,31991.612.49$17,390
Apr 201211,050101.652.00$2,198
Mar 201201,094105.052.22$2,431
Feb 201201,051101.102.57$2,701
Jan 201201,14098.092.73$3,117
Dec 201101,09296.873.24$3,538
Nov 201101,05495.723.31$3,490
Oct 201101,26584.983.65$4,615
Sep 20111471,40183.623.99$17,876
Aug 201101,51883.404.15$6,299
Jul 2011031894.144.52$1,436
Jun 2011026892.904.64$1,243
May 2011030798.134.40$1,352
Apr 20110279105.964.33$1,209
Mar 2011034496.364.06$1,396
Feb 2011031985.644.18$1,333
Jan 2011035286.504.59$1,615
Dec 2010036585.734.35$1,587
Nov 2010028580.843.80$1,082
Oct 2010036678.103.51$1,284
Sep 2010028272.633.98$1,122
Aug 2010024873.684.42$1,096
Jul 2010024772.554.74$1,170
Jun 2010021670.364.91$1,061
May 2010020871.124.24$881
Apr 2010023181.694.12$952
Mar 2010043478.394.39$1,905
Feb 2010040273.585.44$2,188
Jan 2010044574.365.96$2,654
Dec 2009044771.445.48$2,451
Nov 2009043274.593.75$1,621
Oct 2009045572.544.11$1,870
Sep 2009043465.543.06$1,330
Aug 2009045067.423.22$1,448
Jul 2009047561.133.46$1,646
Jun 2009045566.163.90$1,772
May 2009053454.743.93$2,096
Apr 2009037346.773.59$1,338
Mar 2009046142.144.06$1,871
Feb 2009042632.814.63$1,974
Jan 2009048135.865.37$2,583
Dec 2008049237.105.98$2,941
Nov 2008052255.496.86$3,581
Oct 2008057975.246.92$4,008
Sep 20080435101.767.88$3,427
Aug 20080556114.228.48$4,717
Jul 20080586131.0811.39$6,674
Jun 20080588131.3313.03$7,663
May 20080621123.1711.57$7,188
Apr 20080618110.3110.45$6,461
Mar 20080636101.909.66$6,146
Feb 2008059892.538.77$5,245
Jan 2008064890.388.21$5,317
Dec 2007067188.337.30$4,900
Nov 2007066791.677.29$4,864
Oct 2007069582.856.92$4,811
Sep 2007068175.846.24$4,252
Aug 2007071869.066.39$4,587
Jul 2007073470.906.39$4,689
Jun 2007072362.007.55$5,458
May 2007076558.747.85$6,002
Apr 2007076459.617.81$5,963
Mar 2007081056.927.30$5,915
Feb 2007074955.108.22$6,154
Jan 2007085150.306.73$5,725
Dec 2006086956.656.92$6,012
Nov 2006085954.207.62$6,543
Oct 2006086654.906.01$5,208
Sep 2006083160.085.04$4,186
Aug 2006090068.717.34$6,606
Jul 2006094669.376.34$6,000
Jun 2006096166.286.38$6,135
May 2006099566.016.42$6,393
Apr 2006096064.397.36$7,066
Mar 200601,05456.707.08$7,465
Feb 200601,08557.597.75$8,410
Jan 2006080360.598.93$7,173
Dec 200501,23054.9413.42$16,501
Nov 200501,12854.6910.59$11,944
Oct 200501,34958.3413.80$18,610
Sep 200501,22261.4512.08$14,761
Aug 200501,51461.519.80$14,832
Jul 200501,70455.697.84$13,366
Jun 200501,70352.337.38$12,570
May 200501,81345.226.65$12,059
Apr 20051911,82749.207.36$22,845
Mar 200501,92950.377.15$13,802
Feb 2005391,74645.226.31$12,784
Jan 200501,87643.166.32$11,860
Dec 200401,88839.866.75$12,746
Nov 200401,85445.286.33$11,737
Oct 200402,02749.706.52$13,206
Sep 20041812,11943.245.28$19,023
Aug 200401,78042.375.55$9,880
Jul 200401,83238.286.08$11,146
Jun 200401,86836.106.43$12,017
May 200401,96737.486.49$12,775
Apr 200401,97234.475.86$11,553
Mar 200402,06934.365.53$11,442
Feb 200402,05132.455.51$11,300
Jan 200402,30332.036.30$14,508
Dec 200302,62330.266.30$16,529
Nov 200302,69628.804.60$12,389
Oct 20031062,88628.174.76$16,722
Sep 200302,91026.314.75$13,821
Aug 200303,07929.765.13$15,794
Jul 200303,26529.415.17$16,883
Jun 200303,36028.565.98$20,103
May 20031383,74026.595.97$26,007
Apr 200304,11126.675.41$22,229
Mar 20031794,77631.146.10$34,689
Feb 200303,64333.487.93$28,874
Jan 200301,52530.315.58$8,513
Dec 200201,76626.914.85$8,572
Nov 200201,80724.664.14$7,475
Oct 200202,06626.464.23$8,737
Sep 200202,34427.443.64$8,521
Aug 200202,97225.963.16$9,404
Jul 200203,56624.583.06$10,918
Jun 2002833,32423.733.34$13,066
May 200203,98324.663.58$14,275
Apr 200204,11423.653.51$14,450
Mar 200204,16422.003.10$12,920

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.

Sep 2016 — as filed, then multipliedworked
Condensate           149 bbl  × $ 41.55 =     $6,191
Gas                    1 Mcf  × $  3.10 =         $3

────────────────────────────────────────────────────
Month total                                   $6,194

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/188988 is the state's own key, not one this site invented.