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 188989District 08Field 835185002 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.2 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 Gas112006-03-07166852
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
CondensateDisposition772 bbl$41,122
GasProduction210,699 Mcf$1,128,231
Total$1,169,354

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, -101.2768. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.23262, -101.27679 · 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
7,912 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 7,912 ft.

Completions filed
Feb 2001
1 of 1 wells

1 well

42-2273563247,912 ftFeb 2001

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 2017974445.373.26$4,544
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 2016013741.442.92$401
Jul 2016014841.622.92$433
Jun 2016032345.352.69$868
May 2016033842.521.99$673
Apr 2016027536.561.99$548
Mar 2016060433.011.79$1,084
Feb 2016063126.472.06$1,302
Jan 2016064627.352.36$1,527
Dec 2015058332.362.00$1,167
Nov 2015055938.792.17$1,212
Oct 2015057743.552.43$1,400
Sep 2015053742.992.76$1,481
Aug 2015057640.162.87$1,655
Jul 2015065748.152.95$1,935
Jun 2015066256.152.88$1,908
May 2015074955.212.96$2,214
Apr 2015069849.822.71$1,889
Mar 2015067542.892.93$1,981
Feb 201517454644.662.98$9,396
Jan 2015070543.433.10$2,186
Dec 2014083654.693.59$3,002
Nov 2014075870.464.25$3,223
Oct 2014068878.303.90$2,684
Sep 2014076086.164.05$3,075
Aug 2014084689.394.04$3,414
Jul 2014095696.564.18$3,996
Jun 20140098.164.74$0
May 2014059894.734.73$2,826
Apr 2014065695.944.81$3,155
Mar 2014070395.895.06$3,555
Feb 2014065697.406.19$4,062
Jan 2014069390.404.86$3,368
Dec 2013070291.824.35$3,057
Nov 2013070388.853.74$2,628
Oct 2013069597.423.78$2,627
Sep 20130645104.113.72$2,398
Aug 20130673104.253.52$2,371
Jul 20130614102.523.72$2,283
Jun 2013064894.403.93$2,549
May 2013066694.834.15$2,763
Apr 2013060293.964.28$2,578
Mar 2013067493.623.91$2,637
Feb 2013075991.233.42$2,596
Jan 2013082891.603.42$2,832
Dec 2012085886.773.42$2,935
Nov 2012087786.953.62$3,179
Oct 2012093289.383.40$3,169
Sep 201201,04194.672.92$3,038
Aug 201201,04692.662.91$3,042
Jul 201201,08185.133.02$3,265
Jun 2012099379.822.52$2,501
May 2012044491.612.49$1,105
Apr 20120762101.652.00$1,522
Mar 20120999105.052.22$2,220
Feb 20120925101.102.57$2,377
Jan 201201,17498.092.73$3,210
Dec 2011087196.873.24$2,822
Nov 2011084395.723.31$2,791
Oct 2011086184.983.65$3,141
Sep 20111611,02083.623.99$17,528
Aug 201101,31083.404.15$5,436
Jul 2011034394.144.52$1,549
Jun 2011059692.904.64$2,765
May 2011078498.134.40$3,453
Apr 20110569105.964.33$2,466
Mar 2011076496.364.06$3,100
Feb 2011076685.644.18$3,202
Jan 2011080886.504.59$3,708
Dec 2010080785.734.35$3,509
Nov 2010094880.843.80$3,598
Oct 2010083978.103.51$2,944
Sep 2010085072.633.98$3,383
Aug 2010088173.684.42$3,893
Jul 2010061272.554.74$2,899
Jun 2010070270.364.91$3,447
May 2010065171.124.24$2,757
Apr 2010057981.694.12$2,387
Mar 2010076278.394.39$3,344
Feb 2010048973.585.44$2,661
Jan 2010054374.365.96$3,239
Dec 2009054071.445.48$2,961
Nov 2009055674.593.75$2,086
Oct 2009052572.544.11$2,158
Sep 2009050765.543.06$1,554
Aug 2009051167.423.22$1,645
Jul 2009050161.133.46$1,736
Jun 2009048966.163.90$1,905
May 2009033554.743.93$1,315
Apr 2009061646.773.59$2,210
Mar 2009074642.144.06$3,028
Feb 2009075032.814.63$3,475
Jan 2009082335.865.37$4,420
Dec 2008085037.105.98$5,081
Nov 2008082955.496.86$5,687
Oct 2008091275.246.92$6,313
Sep 20080570101.767.88$4,490
Aug 20080865114.228.48$7,338
Jul 20080873131.0811.39$9,943
Jun 20080853131.3313.03$11,117
May 20080911123.1711.57$10,544
Apr 20080915110.3110.45$9,566
Mar 20080948101.909.66$9,162
Feb 2008077392.538.77$6,780
Jan 2008084690.388.21$6,942
Dec 2007091888.337.30$6,703
Nov 2007091391.677.29$6,657
Oct 2007095682.856.92$6,617
Sep 2007094875.846.24$5,919
Aug 2007097769.066.39$6,241
Jul 2007098870.906.39$6,311
Jun 2007095662.007.55$7,216
May 200701,00958.747.85$7,917
Apr 2007098759.617.81$7,704
Mar 200701,01056.927.30$7,375
Feb 2007093455.108.22$7,674
Jan 200701,02550.306.73$6,895
Dec 200601,07056.656.92$7,403
Nov 200601,06754.207.62$8,128
Oct 200601,12354.906.01$6,754
Sep 200601,10660.085.04$5,571
Aug 200601,08068.717.34$7,927
Jul 200601,08469.376.34$6,876
Jun 200601,07066.286.38$6,831
May 200601,14766.016.42$7,369
Apr 200601,17564.397.36$8,649
Mar 200601,25456.707.08$8,882
Feb 200601,18457.597.75$9,177
Jan 200601,36160.598.93$12,158
Dec 200501,28354.9413.42$17,212
Nov 200501,28754.6910.59$13,627
Oct 200501,42758.3413.80$19,687
Sep 20051811,20961.4512.08$25,726
Aug 200501,61661.519.80$15,832
Jul 200501,68055.697.84$13,177
Jun 200501,65452.337.38$12,208
May 200501,77045.226.65$11,773
Apr 200501,75049.207.36$12,881
Mar 200501,86650.377.15$13,351
Feb 200501,79645.226.31$11,336
Jan 200501,62243.166.32$10,255
Dec 200401,85739.866.75$12,537
Nov 200401,81445.286.33$11,483
Oct 200401,97649.706.52$12,874
Sep 200402,09843.245.28$11,086
Aug 200401,86242.375.55$10,335
Jul 200401,33338.286.08$8,110
Jun 200401,74636.106.43$11,232
May 200401,94437.486.49$12,625
Apr 200401,99634.475.86$11,693
Mar 200402,14634.365.53$11,868
Feb 200402,09832.455.51$11,559
Jan 200402,31932.036.30$14,609
Dec 200302,38830.266.30$15,048
Nov 200302,41028.804.60$11,074
Oct 2003742,60628.174.76$14,488
Sep 200302,67426.314.75$12,700
Aug 200302,78629.765.13$14,291
Jul 200303,05829.415.17$15,812
Jun 200303,16328.565.98$18,924
May 2003613,57026.595.97$22,944
Apr 200303,85626.675.41$20,850
Mar 200303,73431.146.10$22,763
Feb 200301,62533.487.93$12,880
Jan 200302,37030.315.58$13,229
Dec 200202,50926.914.85$12,178
Nov 200202,64724.664.14$10,951
Oct 200202,84326.464.23$12,023
Sep 2002242,95527.443.64$11,401
Aug 200203,29125.963.16$10,413
Jul 200203,76124.583.06$11,515
Jun 200203,87823.733.34$12,946
May 200204,30324.663.58$15,422
Apr 200204,52523.653.51$15,893
Mar 200204,85322.003.10$15,058

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.

May 2017 — as filed, then multipliedworked
Condensate            97 bbl  × $ 45.37 =     $4,401
Gas                   44 Mcf  × $  3.26 =       $144

────────────────────────────────────────────────────
Month total                                   $4,544

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/188989 is the state's own key, not one this site invented.