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 290405District 08Field 83518500CondensateGasSaveExport
Value, all time
$134 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
CondensateDisposition194 bbl$13,970
GasProduction30,475 Mcf$120,496
Total$134,466

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 32.2171, -101.3036. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.21709, -101.30359 · 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
8,050 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 8,050 ft.

Completions filed
Aug 1999
1 of 1 wells

1 well

42-2273535627038,050 ftAug 1999

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 2026023106.413.05$70
Apr 2026015198.932.87$433
Mar 2026028889.753.15$907
Feb 2026026863.503.75$1,005
Jan 2026023259.138.00$1,856
Dec 2025029956.664.41$1,320
Nov 2025030858.593.93$1,209
Oct 202502559.383.30$83
Sep 202504162.743.08$126
Aug 2025029463.933.01$886
Jul 2025019266.743.32$637
Jun 2025024566.483.13$767
May 2025024260.553.23$782
Apr 2025024562.363.54$868
Mar 2025015867.704.27$674
Feb 202509770.884.34$421
Jan 2025014974.324.28$638
Dec 2024013268.993.12$412
Nov 2024012069.052.20$264
Oct 2024014271.372.28$324
Sep 2024010469.612.36$246
Aug 2024017975.632.06$369
Jul 2024056079.932.15$1,202
Jun 20247543278.082.63$6,994
May 2024052778.812.20$1,159
Apr 2024050684.451.66$840
Mar 2024059380.301.55$916
Feb 2024045976.091.78$819
Jan 2024020973.023.30$689
Dec 2023025671.262.61$668
Nov 2023047377.892.81$1,328
Oct 2023047985.443.09$1,479
Sep 2023053289.042.74$1,455
Aug 2023054180.522.67$1,446
Jul 2023045974.852.64$1,213
Jun 2023051568.962.26$1,163
May 2023053770.622.23$1,196
Apr 2023058578.122.24$1,309
Mar 2023052172.852.39$1,247
Feb 2023056275.112.47$1,386
Jan 2023031476.533.39$1,064
Dec 2022051376.415.73$2,939
Nov 2022062085.005.65$3,501
Oct 2022032887.185.86$1,923
Sep 2022054084.888.16$4,408
Aug 2022053594.529.13$4,883
Jul 20220589101.587.54$4,442
Jun 20220563115.097.98$4,491
May 20220560109.378.43$4,723
Apr 20220627104.226.84$4,287
Mar 20220520108.885.08$2,640
Feb 2022054191.054.86$2,629
Jan 2022072181.844.54$3,272
Dec 202110567371.323.90$10,113
Nov 2021070477.435.24$3,687
Oct 2021078979.795.71$4,508
Sep 2021052969.865.35$2,831
Aug 2021080666.024.22$3,402
Jul 2021069170.783.98$2,752
Jun 2021065169.493.38$2,201
May 2021072963.483.02$2,200
Apr 2021069860.362.76$1,925
Mar 2021075161.302.72$2,040
Feb 2021070857.805.55$3,928
Jan 2021082450.412.81$2,316
Dec 20201460444.642.68$2,241
Nov 2020081438.772.71$2,203
Oct 2020085336.972.48$2,114

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                   23 Mcf  × $  3.05 =        $70

────────────────────────────────────────────────────
Month total                                      $70

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/290405 is the state's own key, not one this site invented.