POWELL RANCH

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 290315District 08Field 83518500CondensateGasSaveExport
Value, all time
$77 k
Oct 2020 – May 2026
Value, last 12 filed months
$9 k
at the published price for each month
Months reported
68
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
CondensateDisposition133 bbl$8,734
GasProduction17,150 Mcf$68,668
Total$77,402

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 32.2180, -101.2950. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.21796, -101.29499 · 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
7,985 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 7,985 ft.

Completions filed
May 1998
1 of 1 wells

1 well

42-2273530827,985 ftMay 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 (68)

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

68 months

May 20260137106.413.05$417
Apr 2026011398.932.87$324
Mar 202604689.753.15$145
Feb 2026015563.503.75$581
Jan 2026509559.138.00$3,716
Dec 2025016356.664.41$719
Nov 2025026758.593.93$1,048
Oct 202508459.383.30$278
Sep 202503062.743.08$92
Aug 2025022963.933.01$690
Jul 2025020366.743.32$673
Jun 2025020066.483.13$626
May 2025011660.553.23$375
Apr 202509662.363.54$340
Mar 2025022667.704.27$965
Feb 2025018370.884.34$794
Jan 2025018074.324.28$770
Dec 2024020568.993.12$640
Nov 2024021069.052.20$462
Oct 2024024271.372.28$552
Sep 20248323269.612.36$6,326
Aug 2024022375.632.06$460
Jul 2024016979.932.15$363
Jun 2024012578.082.63$329
May 2024018478.812.20$405
Apr 2024029784.451.66$493
Mar 2024027780.301.55$428
Feb 2024025776.091.78$458
Jan 2024015873.023.30$521
Dec 2023010671.262.61$277
Nov 2023021077.892.81$590
Oct 2023022785.443.09$701
Sep 2023025989.042.74$708
Aug 2023028880.522.67$770
Jul 2023029674.852.64$782
Jun 2023028268.962.26$637
May 2023034970.622.23$777
Apr 2023035578.122.24$794
Mar 2023028972.852.39$692
Feb 2023025175.112.47$619
Jan 2023028776.533.39$972
Dec 2022027676.415.73$1,581
Nov 2022032485.005.65$1,829
Oct 2022017687.185.86$1,032
Sep 2022030484.888.16$2,482
Aug 2022029894.529.13$2,720
Jul 20220326101.587.54$2,459
Jun 20220335115.097.98$2,672
May 20220407109.378.43$3,432
Apr 20220428104.226.84$2,926
Mar 20220281108.885.08$1,426
Feb 2022036291.054.86$1,759
Jan 2022039481.844.54$1,788
Dec 2021039871.323.90$1,552
Nov 2021038077.435.24$1,990
Oct 2021038479.795.71$2,194
Sep 2021037769.865.35$2,017
Aug 2021037166.024.22$1,566
Jul 2021035470.783.98$1,410
Jun 2021032269.493.38$1,089
May 2021032863.483.02$990
Apr 2021027460.362.76$756
Mar 2021030861.302.72$837
Feb 2021024857.805.55$1,376
Jan 2021031850.412.81$894
Dec 2020036044.642.68$963
Nov 2020032038.772.71$866
Oct 2020019636.972.48$486

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                  137 Mcf  × $  3.05 =       $417

────────────────────────────────────────────────────
Month total                                     $417

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/290315 is the state's own key, not one this site invented.