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COWDEN "K"

Operated by SAXET OIL CORPORATION (P-5 749370) in the EMPEROR, DEEP field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 22883District 08Field 28962001Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$14.7 M
Jan 1993 – May 2026
Value, last 12 filed months
$554 k
at the published price for each month
Months reported
401
no gaps in the span
Streams
2
oil, casinghead gas

The EMPEROR, DEEP field

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 38 leases and 202 wells, and the rule below applies to all of them.

Discovered
1935-12-31
as the register files it
Field class
Oil
the register's own label
Between wells
660 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: “ USED AS UNIT ALLOW. & AS PER WELL ALLOW.”

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
OilDisposition255,250 bbl$14,456,466
Casinghead gasProduction55,830 Mcf$197,020
Total$14,653,486

5,686 Mcf of this lease's gas, across 48 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

Wells on this lease (5)

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 31.7977, -103.1185. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

31.79757, -103.11771 · 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
60.0%
3 of 5 wells
With a plug date
60.0%
3 of 5 wells
Median depth
3,020 ft
5 wells filed one
Completion to plug
32.5 years
median over 3 wells

What the state filed about each well

On the RRC proration schedule
360.0%
A plug date is filed
360.0%
BothOn the schedule and plugged. Neither fact cancels the other.
360.0%
NeitherNo plug date, and not on the schedule.
240.0%

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

Between 2,980 and 3,053 ft, median 3,020 ft, over the 5 wells that filed a depth.

Completions filed
Apr 1960 – Sep 2013
5 of 5 wells
Plug dates filed
Apr 1987 – Apr 2023
3 of 5 wells; 2 filed none

Last completion to plug: a median of 32.5 years across the 3 wells that filed both dates, with the middle half between 23.1 years and 46.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

5 wells

42-4953352043,049 ftSep 2013——
42-4953352233,053 ftSep 2013——
42-4950028023,020 ftOct 1990Apr 2023Yes
42-495302341W2,980 ftSep 1973Apr 1987Yes
42-4950028413,010 ftApr 1960Apr 2021Yes

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 (401)

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

401 months

May 20267770106.413.05$82,681
Apr 2026658098.932.87$65,096
Mar 2026711089.753.15$63,812
Feb 2026444063.503.75$28,194
Jan 2026516059.138.00$30,511
Dec 2025682056.664.41$38,642
Nov 2025628058.593.93$36,795
Oct 2025698059.383.30$41,447
Sep 2025755062.743.08$47,369
Aug 2025558063.933.01$35,673
Jul 2025627066.743.32$41,846
Jun 2025632066.483.13$42,015
May 2025712060.553.23$43,112
Apr 2025701062.363.54$43,714
Mar 2025846067.704.27$57,274
Feb 2025720070.884.34$51,034
Jan 2025835074.324.28$62,057
Dec 202463819368.993.12$44,618
Nov 2024649069.052.20$44,813
Oct 2024849071.372.28$60,593
Sep 2024646069.612.36$44,968
Aug 2024648075.632.06$49,008
Jul 2024772079.932.15$61,706
Jun 2024680078.082.63$53,094
May 2024700078.812.20$55,167
Apr 2024646084.451.66$54,555
Mar 2024701080.301.55$56,290
Feb 202464427476.091.78$49,491
Jan 202476947073.023.30$57,702
Dec 202386482571.262.61$63,722
Nov 202387636777.892.81$69,262
Oct 202397147085.443.09$84,413
Sep 202395339889.042.74$85,944
Aug 2023828080.522.67$66,671
Jul 2023945074.852.64$70,733
Jun 2023963068.962.26$66,408
May 20231,042070.622.23$73,586
Apr 20231,099078.122.24$85,854
Mar 20231,124072.852.39$81,883
Feb 2023999075.112.47$75,035
Jan 20231,013076.533.39$77,525
Dec 20221,136076.415.73$86,802
Nov 2022899085.005.65$76,415
Oct 2022934087.185.86$81,426
Sep 2022970084.888.16$82,334
Aug 2022905094.529.13$85,541
Jul 20229600101.587.54$97,517
Jun 20227640115.097.98$87,929
May 20221,2040109.378.43$131,681
Apr 20228480104.226.84$88,379
Mar 20228560108.885.08$93,201
Feb 20221,046091.054.86$95,238
Jan 2022896081.844.54$73,329
Dec 2021988071.323.90$70,464
Nov 2021942077.435.24$72,939
Oct 2021919079.795.71$73,327
Sep 20211,255069.865.35$87,674
Aug 20211,329066.024.22$87,741
Jul 20211,131070.783.98$80,052
Jun 20211,149069.493.38$79,844
May 20211,166063.483.02$74,018
Apr 20211,349060.362.76$81,426
Mar 2021848061.302.72$51,982
Feb 2021511057.805.55$29,536
Jan 20211,242050.412.81$62,609
Dec 20201,219044.642.68$54,416
Nov 20201,177038.772.71$45,632
Oct 20201,178036.972.48$43,551
Sep 20201,302037.091.99$48,291
Aug 20201,064039.982.39$42,539
Jul 20201,179038.371.83$45,238
Jun 20201,003034.901.69$35,005
May 20200016.921.81$0
Apr 2020705014.751.80$10,399
Mar 20201,032030.341.86$31,311
Feb 20201,209049.881.98$60,305
Jan 20201,374057.252.09$78,662
Dec 20191,179059.012.30$69,573
Nov 20191,380055.302.75$76,314
Oct 20191,219053.472.42$65,180
Sep 20191,006055.052.66$55,380
Aug 20191,342053.112.30$71,274
Jul 20191,228056.272.46$69,100
Jun 20191,357052.782.49$71,622
May 20191,364058.482.74$79,767
Apr 20191,227062.632.75$76,847
Mar 20191,412056.803.06$80,202
Feb 20191,195050.852.79$60,766
Jan 20191,235046.033.23$56,847
Dec 20181,223046.594.19$56,980
Nov 20181,354052.934.24$71,667
Oct 20181,028061.443.40$63,160
Sep 20181,395059.543.11$83,058
Aug 20181,565059.403.07$92,961
Jul 20181,392065.142.93$90,675
Jun 20181,368060.183.08$82,326
May 20181,412065.382.90$92,317
Apr 20181,474063.842.90$94,100
Mar 20181,437061.222.79$87,973
Feb 20181,396061.782.77$86,245
Jan 20181,6511062.874.01$103,838
Dec 20171,773057.272.92$101,540
Nov 20171,063055.423.12$58,911
Oct 20171,445049.292.98$71,224
Sep 20171,372047.523.09$65,197
Aug 20171,539045.373.00$69,824
Jul 20171,579043.873.09$69,271
Jun 20171,753042.493.09$74,485
May 20171,413045.373.26$64,108
Apr 20171,214047.933.21$58,187
Mar 20171,722046.772.98$80,538
Feb 20171,554050.452.95$78,399
Jan 20171,933349.413.42$95,520
Dec 20161,61048948.763.72$80,324
Nov 20161,46665742.492.64$64,028
Oct 20161,07640246.193.09$50,943
Sep 20161,401041.553.10$58,212
Aug 20161,660041.442.92$68,790
Jul 20161,860041.622.92$77,413
Jun 20161,46847745.352.69$67,855
May 20161,5461,32842.521.99$68,380
Apr 20161,77065336.561.99$66,011
Mar 20161,75172833.011.79$59,107
Feb 20161,60261026.472.06$43,664
Jan 20162,03655127.352.36$56,987
Dec 20151,26359332.362.00$42,058
Nov 20151,57030138.792.17$61,553
Oct 20151,37960443.552.43$61,521
Sep 201513460542.992.76$7,430
Aug 20151,65565740.162.87$68,352
Jul 20151,69272448.152.95$83,602
Jun 20151,66873256.152.88$95,768
May 20151,49176655.212.96$84,582
Apr 20151,64173349.822.71$83,739
Mar 20152,10179642.892.93$92,448
Feb 20151,44868944.662.98$66,718
Jan 20151,90674243.433.10$85,078
Dec 20141,8331,19554.693.59$104,538
Nov 20142,1371,10070.464.25$155,250
Oct 20142,4041,20078.303.90$192,914
Sep 20142,2601,11686.164.05$199,236
Aug 20142,4091,41389.394.04$221,042
Jul 20142,5511,22496.564.18$251,440
Jun 20142,37395298.164.74$237,443
May 20142,8441,19894.734.73$275,075
Apr 20143,2701,31095.944.81$320,024
Mar 20143,0271,20595.895.06$296,352
Feb 20142,8321,23697.406.19$283,490
Jan 20143,3691,11790.404.86$309,987
Dec 20132,9661,20091.824.35$277,564
Nov 20132,61091888.853.74$235,330
Oct 20132,92980097.423.78$288,367
Sep 20131,085400104.113.72$114,446
Aug 2013184179104.253.52$19,813
Jul 201352989102.523.72$54,564
Jun 201332712594.403.93$31,360
May 201333124094.834.15$32,385
Apr 2013502093.964.28$47,168
Mar 2013165093.623.91$15,447
Feb 2013169091.233.42$15,418
Jan 20130091.603.42$0
Dec 2012292086.773.42$25,337
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 2011124085.644.18$10,619
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 2010330071.124.24$23,470
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 2010167074.365.96$12,418
Dec 20090871.445.48$44
Nov 200901174.593.75$41
Oct 20090872.544.11$33
Sep 20091651265.543.06$10,851
Aug 2009167367.423.22$11,269
Jul 20091641761.133.46$10,084
Jun 20091631966.163.90$10,858
May 20091672254.743.93$9,228
Apr 200901546.773.59$54
Mar 20091721342.144.06$7,301
Feb 20090632.814.63$28
Jan 200901035.865.37$54
Dec 20081671537.105.98$6,285
Nov 20081684555.496.86$9,631
Oct 200802575.246.92$173
Sep 200816720101.767.88$17,151
Aug 200809114.228.48$76
Jul 200808131.0811.39$91
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200816697110.3110.45$19,326
Mar 200817076101.909.66$18,057
Feb 2008010492.538.77$912
Jan 20080690.388.21$49
Dec 200733712788.337.30$30,695
Nov 20073368491.677.29$31,414
Oct 2007012982.856.92$893
Sep 20071688375.846.24$13,259
Aug 20073345469.066.39$23,411
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20071719158.747.85$10,759
Apr 20073359759.617.81$20,726
Mar 2007010856.927.30$789
Feb 20071699055.108.22$10,051
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20061723554.906.01$9,653
Sep 20061624260.085.04$9,945
Aug 20060368.717.34$22
Jul 20061695569.376.34$12,072
Jun 200616510466.286.38$11,600
May 20061672566.016.42$11,184
Apr 200616613764.397.36$11,697
Mar 200616814856.707.08$10,574
Feb 20060957.597.75$70
Jan 2006160160.598.93$9,703
Dec 200502854.9413.42$376
Nov 200516910254.6910.59$10,323
Oct 200533712158.3413.80$21,330
Sep 200507061.4512.08$846
Aug 20050061.519.80$0
Jul 20051668755.697.84$9,927
Jun 200516613352.337.38$9,668
May 200516717345.226.65$8,702
Apr 20051669849.207.36$8,889
Mar 200517012650.377.15$9,464
Feb 200502045.226.31$126
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20041705045.286.33$8,014
Oct 200416815149.706.52$9,333
Sep 200433214243.245.28$15,106
Aug 200433625242.375.55$15,635
Jul 200433213238.286.08$13,512
Jun 200417015536.106.43$7,134
May 200433317737.486.49$13,630
Apr 200433616534.475.86$12,549
Mar 200416914034.365.53$6,581
Feb 200433919032.455.51$12,047
Jan 200434019032.036.30$12,087
Dec 200334126130.266.30$11,963
Nov 200333423528.804.60$10,699
Oct 200316914128.174.76$5,432
Sep 200333512726.314.75$9,417
Aug 200333318029.765.13$10,833
Jul 200316821529.415.17$6,053
Jun 200316712028.565.98$5,487
May 200333418426.595.97$9,980
Apr 200317620426.675.41$5,797
Mar 200302531.146.10$152
Feb 200334023133.487.93$13,214
Jan 200333818530.315.58$11,277
Dec 200234018126.914.85$10,028
Nov 200216811624.664.14$4,623
Oct 20021687926.464.23$4,779
Sep 20021655327.443.64$4,720
Aug 200232714625.963.16$8,951
Jul 200233512724.583.06$8,623
Jun 20021658523.733.34$4,199
May 200233210224.663.58$8,553
Apr 20023328523.653.51$8,150
Mar 20021687422.003.10$3,926
Feb 200233724718.222.38$6,727
Jan 200234639517.172.38$6,879
Dec 200133612716.932.36$5,989
Nov 200133910418.072.41$6,376
Oct 200133911419.782.53$6,994
Sep 200133814224.262.25$8,520
Aug 200133723224.873.05$9,090
Jul 200133319323.933.20$8,586
Jun 200133113824.563.82$8,657
May 200133410925.524.31$8,993
Apr 200133319124.685.34$9,237
Mar 200134319024.545.38$9,439
Feb 200136220527.755.77$11,228
Jan 200134222227.478.40$11,259
Dec 200034113626.889.12$10,407
Nov 20003388532.215.66$11,368
Oct 200033512731.235.15$11,116
Sep 20003348531.875.19$11,085
Aug 20003396329.644.54$10,334
Jul 20005095128.534.09$14,730
Jun 20003336129.304.40$10,025
May 20003337627.263.68$9,357
Apr 20003338324.513.12$8,420
Mar 20001674128.422.86$4,863
Feb 200050513527.622.73$14,316
Jan 200017110425.272.48$4,579
Dec 199951513724.282.42$12,836
Nov 19993426423.192.43$8,087
Oct 19991718020.982.80$3,812
Sep 19993407621.752.62$7,594
Aug 19993407919.262.88$6,776
Jul 19993429017.892.37$6,332
Jun 199933910215.942.36$5,645
May 199934210415.792.32$5,642
Apr 19993459215.102.21$5,413
Mar 19993468412.471.84$4,469
Feb 19993401029.981.82$3,579
Jan 19993469410.381.90$3,770
Dec 1998173729.201.77$1,719
Nov 19983459310.892.19$3,960
Oct 199851010312.421.97$6,537
Sep 19983399612.592.08$4,468
Aug 199833510411.301.91$3,984
Jul 199833915411.742.24$4,324
Jun 19981698611.242.24$2,092
May 19985109412.622.21$6,644
Apr 19981724713.042.51$2,361
Mar 19985134612.802.31$6,673
Feb 19981744613.952.30$2,533
Jan 19983159814.702.15$4,842
Dec 19973449216.322.41$5,836
Nov 199731511118.193.09$6,073
Oct 19973419319.253.15$6,857
Sep 199751110117.742.95$9,364
Aug 199734023917.862.55$6,683
Jul 199717010917.582.25$3,234
Jun 199733112117.242.26$5,980
May 19975086618.972.31$9,789
Apr 19973366317.882.08$6,139
Mar 199734221518.951.94$6,898
Feb 199717012720.492.21$3,763
Jan 199751411523.483.54$12,476
Dec 19963267223.32—$7,602
Nov 199633916521.97—$7,448
Oct 199650111623.31—$11,678
Sep 199633615922.22—$7,466
Aug 199633419120.26—$6,767
Jul 199649513519.55—$9,677
Jun 199650219518.73—$9,402
May 199616217019.43—$3,148
Apr 199651116021.51—$10,992
Mar 199650918219.38—$9,864
Feb 199633614216.98—$5,705
Jan 199634417817.07—$5,872
Dec 199546917917.19—$8,062
Nov 199533318116.00—$5,328
Oct 199551114515.43—$7,885
Sep 199533314516.18—$5,388
Aug 199550715515.92—$8,071
Jul 199549815215.24—$7,590
Jun 199533513316.41—$5,497
May 199533211217.56—$5,830
Apr 199551212617.73—$9,078
Mar 19953379316.44—$5,540
Feb 19953387216.58—$5,604
Jan 199550210515.92—$7,992
Dec 199434110915.03—$5,125
Nov 19945079215.90—$8,061
Oct 199433710115.58—$5,250
Sep 19945128215.29—$7,828
Aug 199433310416.13—$5,371
Jul 199450112317.56—$8,798
Jun 19943258017.09—$5,554
May 19943357215.88—$5,320
Apr 19945138514.14—$7,254
Mar 19943387912.46—$4,211
Feb 19943391812.50—$4,238
Jan 199450910012.66—$6,444
Dec 19933359612.33—$4,131
Nov 199351010314.49—$7,390
Oct 199351410615.85—$8,147
Sep 199334313715.03—$5,155
Aug 199351215815.66—$8,018
Jul 199333913015.46—$5,241
Jun 199350710916.79—$8,513
May 19933374517.68—$5,958
Apr 19935155318.05—$9,296
Mar 19933326218.14—$6,022
Feb 19935206917.90—$9,308
Jan 199334611016.93—$5,858

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
Oil                  777 bbl  × $106.41 =    $82,681
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                  $82,681

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/O/22883 is the state's own key, not one this site invented.