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 290399District 08Field 83518500CondensateGasSaveExport
Value, all time
$153 k
Oct 2020 – May 2026
Value, last 12 filed months
$23 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
CondensateDisposition67 bbl$4,979
GasProduction35,560 Mcf$148,345
Total$153,324

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 32.2209, -101.2999. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.22088, -101.29993 · 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
8,300 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 8,300 ft.

Completions filed
Mar 2020
1 of 1 wells

1 well

42-2273545648,300 ftMar 2020

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 20260537106.413.05$1,636
Apr 2026030398.932.87$870
Mar 2026062789.753.15$1,975
Feb 2026066163.503.75$2,479
Jan 2026062659.138.00$5,007
Dec 2025099356.664.41$4,382
Nov 2025070158.593.93$2,752
Oct 2025010359.383.30$340
Sep 202508562.743.08$262
Aug 2025055563.933.01$1,673
Jul 2025031366.743.32$1,038
Jun 202509666.483.13$300
May 2025070560.553.23$2,279
Apr 202501462.363.54$50
Mar 2025030767.704.27$1,310
Feb 202501,33170.884.34$5,778
Jan 20256732974.324.28$6,387
Dec 2024029768.993.12$927
Nov 2024027369.052.20$600
Oct 2024031071.372.28$707
Sep 2024030569.612.36$721
Aug 2024029375.632.06$605
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 202404078.812.20$88
Apr 2024031884.451.66$528
Mar 2024015980.301.55$246
Feb 2024011676.091.78$207
Jan 202405773.023.30$188
Dec 2023015771.262.61$410
Nov 2023054677.892.81$1,533
Oct 2023055485.443.09$1,710
Sep 2023059689.042.74$1,630
Aug 2023053380.522.67$1,425
Jul 2023040774.852.64$1,075
Jun 2023057168.962.26$1,290
May 2023062670.622.23$1,394
Apr 2023068478.122.24$1,531
Mar 2023053772.852.39$1,285
Feb 2023061275.112.47$1,509
Jan 2023070776.533.39$2,395
Dec 2022069076.415.73$3,953
Nov 2022067685.005.65$3,817
Oct 2022037187.185.86$2,175
Sep 2022064484.888.16$5,257
Aug 2022057794.529.13$5,266
Jul 20220801101.587.54$6,041
Jun 20220669115.097.98$5,337
May 20220824109.378.43$6,949
Apr 20220593104.226.84$4,055
Mar 20220512108.885.08$2,599
Feb 2022067091.054.86$3,255
Jan 2022080081.844.54$3,630
Dec 2021075471.323.90$2,940
Nov 2021076077.435.24$3,980
Oct 2021079179.795.71$4,520
Sep 2021058869.865.35$3,146
Aug 2021074966.024.22$3,161
Jul 2021067270.783.98$2,676
Jun 2021071169.493.38$2,404
May 2021040263.483.02$1,213
Apr 2021048960.362.76$1,349
Mar 2021082861.302.72$2,250
Feb 2021074657.805.55$4,139
Jan 2021081250.412.81$2,282
Dec 2020080944.642.68$2,164
Nov 2020081238.772.71$2,198
Oct 2020082636.972.48$2,047

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                  537 Mcf  × $  3.05 =     $1,636

────────────────────────────────────────────────────
Month total                                   $1,636

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/290399 is the state's own key, not one this site invented.