POWELL 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 287249District 08Field 83518500CondensateGasSaveExport
Value, all time
$65 k
Feb 2019 – May 2026
Value, last 12 filed months
$8 k
at the published price for each month
Months reported
88
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

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
CondensateDisposition314 bbl$21,267
GasProduction13,982 Mcf$43,254
Total$64,521

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 32.2368, -101.2783. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.23683, -101.27832 · 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
7,780 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 7,780 ft.

Completions filed
Jul 2001
1 of 1 wells

1 well

42-2273569137,780 ftJul 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 (88)

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

88 months

May 202606106.413.05$18
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 2026139059.138.00$8,219
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250262.743.08$6
Aug 20250363.933.01$9
Jul 20250066.743.32$0
Jun 20250166.483.13$3
May 20250360.553.23$10
Apr 20250262.363.54$7
Mar 20250567.704.27$21
Feb 20250070.884.34$0
Jan 20250274.324.28$9
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 20240879.932.15$17
Jun 20240078.082.63$0
May 202401478.812.20$31
Apr 2024010584.451.66$174
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 202307974.852.64$209
Jun 202307168.962.26$160
May 2023013870.622.23$307
Apr 202302378.122.24$51
Mar 202302572.852.39$60
Feb 202317011175.112.47$13,042
Jan 2023012876.533.39$434
Dec 2022012176.415.73$693
Nov 2022012285.005.65$689
Oct 2022010187.185.86$592
Sep 2022012484.888.16$1,012
Aug 2022015394.529.13$1,396
Jul 20220163101.587.54$1,229
Jun 20220154115.097.98$1,228
May 20220154109.378.43$1,299
Apr 20220105104.226.84$718
Mar 20220111108.885.08$563
Feb 2022015991.054.86$773
Jan 2022018281.844.54$826
Dec 2021018871.323.90$733
Nov 2021018877.435.24$985
Oct 2021020379.795.71$1,160
Sep 2021018069.865.35$963
Aug 2021014766.024.22$620
Jul 2021016770.783.98$665
Jun 2021018369.493.38$619
May 2021024063.483.02$724
Apr 2021023060.362.76$634
Mar 2021023761.302.72$644
Feb 2021021857.805.55$1,209
Jan 2021025750.412.81$722
Dec 2020026344.642.68$704
Nov 2020026738.772.71$723
Oct 2020028936.972.48$716
Sep 2020034137.091.99$679
Aug 2020021739.982.39$518
Jul 2020034338.371.83$626
Jun 2020041434.901.69$700
May 2020061816.921.81$1,122
Apr 2020068414.751.80$1,234
Mar 2020068430.341.86$1,270
Feb 2020161249.881.98$1,262
Jan 2020267857.252.09$1,535
Dec 2019165559.012.30$1,568
Nov 201904355.302.75$118
Oct 2019031053.472.42$750
Sep 2019066155.052.66$1,756
Aug 2019031853.112.30$733
Jul 2019128256.272.46$750
Jun 20190052.782.49$0
May 2019024558.482.74$671
Apr 2019052562.632.75$1,444
Mar 2019054156.803.06$1,657
Feb 2019017950.852.79$500

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 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $106.41 =         $0
Gas                    6 Mcf  × $  3.05 =        $18

────────────────────────────────────────────────────
Month total                                      $18

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/287249 is the state's own key, not one this site invented.