COWDEN A/C 105

Name: COWDEN A/C 105 lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

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

Oil lease lease 2602District 08Field 40406001Hydrogen sulphide fieldOilCasinghead gasSave Export

Value, all time

$273 k

Jan 1993 – Aug 2003

Value, last 12 filed months

at the published price for each month

Months reported

128

no gaps in the span

Streams

oil, casinghead gas

The HENDRICK 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 195 leases and 577 wells, and the rule below applies to all of them.

Discovered

1926-12-31

as the register files it

Field class

Oil and gas

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 10 acres. The field rule took effect on 1992-08-01.

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: “FIELD EXEMPT FROM FACTOR.”

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.

Stream	Basis	Volume	Value
Oil	Disposition	15,442 bbl	$257,674
Casinghead gas	Production	24,257 Mcf	$15,675
Total			$273,349

17,509 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 31.7511, -103.1193. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

31.75113, -103.11918 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

100.0%

5 of 5 wells

With a plug date

80.0%

4 of 5 wells

Median depth

2,960 ft

5 wells filed one

Completion to plug

—

no well filed both dates

What the state filed about each well

On the RRC proration schedule

5100.0%

A plug date is filed

480.0%

BothOn the schedule and plugged. Neither fact cancels the other.

480.0%

NeitherNo plug date, and not on the schedule.

00.0%

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 2,690 and 3,125 ft, median 2,960 ft, over the 5 wells that filed a depth.

Completions filed

Oct 1985

1 of 5 wells; 4 filed none

Plug dates filed

Oct 1992 – Nov 2001

4 of 5 wells; 1 filed none

5 wells


42-49503487	2	2,690 ft	—	Jun 2001	Yes
42-49503490	5	2,960 ft	—	Oct 1992	Yes
42-49503491	3	2,690 ft	—	Nov 2001	Yes
42-49503492	1	3,102 ft	—	Oct 1992	Yes
42-49503489	4	3,125 ft	Oct 1985	—	Yes

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 (128)

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

128 months


Aug 2003	0	0	29.76	5.13	$0
Jul 2003	0	0	29.41	5.17	$0
Jun 2003	0	0	28.56	5.98	$0
May 2003	0	0	26.59	5.97	$0
Apr 2003	0	0	26.67	5.41	$0
Mar 2003	0	0	31.14	6.10	$0
Feb 2003	0	0	33.48	7.93	$0
Jan 2003	0	0	30.31	5.58	$0
Dec 2002	0	0	26.91	4.85	$0
Nov 2002	0	0	24.66	4.14	$0
Oct 2002	0	0	26.46	4.23	$0
Sep 2002	0	0	27.44	3.64	$0
Aug 2002	0	0	25.96	3.16	$0
Jul 2002	0	0	24.58	3.06	$0
Jun 2002	0	0	23.73	3.34	$0
May 2002	0	0	24.66	3.58	$0
Apr 2002	0	0	23.65	3.51	$0
Mar 2002	0	0	22.00	3.10	$0
Feb 2002	0	0	18.22	2.38	$0
Jan 2002	0	0	17.17	2.38	$0
Dec 2001	0	0	16.93	2.36	$0
Nov 2001	0	0	18.07	2.41	$0
Oct 2001	0	0	19.78	2.53	$0
Sep 2001	0	1	24.26	2.25	$2
Aug 2001	0	1	24.87	3.05	$3
Jul 2001	0	1	23.93	3.20	$3
Jun 2001	0	1	24.56	3.82	$4
May 2001	0	1	25.52	4.31	$4
Apr 2001	0	0	24.68	5.34	$0
Mar 2001	0	1	24.54	5.38	$5
Feb 2001	0	1	27.75	5.77	$6
Jan 2001	0	1	27.47	8.40	$8
Dec 2000	145	1	26.88	9.12	$3,907
Nov 2000	0	1	32.21	5.66	$6
Oct 2000	0	1	31.23	5.15	$5
Sep 2000	172	1	31.87	5.19	$5,487
Aug 2000	0	1	29.64	4.54	$5
Jul 2000	0	1	28.53	4.09	$4
Jun 2000	0	1	29.30	4.40	$4
May 2000	0	1	27.26	3.68	$4
Apr 2000	0	1	24.51	3.12	$3
Mar 2000	0	1	28.42	2.86	$3
Feb 2000	0	0	27.62	2.73	$0
Jan 2000	0	1	25.27	2.48	$2
Dec 1999	0	1	24.28	2.42	$2
Nov 1999	0	1	23.19	2.43	$2
Oct 1999	0	1	20.98	2.80	$3
Sep 1999	0	1	21.75	2.62	$3
Aug 1999	0	1	19.26	2.88	$3
Jul 1999	0	2	17.89	2.37	$5
Jun 1999	0	1	15.94	2.36	$2
May 1999	161	155	15.79	2.32	$2,902
Apr 1999	168	219	15.10	2.21	$3,020
Mar 1999	161	202	12.47	1.84	$2,379
Feb 1999	168	200	9.98	1.82	$2,040
Jan 1999	167	228	10.38	1.90	$2,167
Dec 1998	168	243	9.20	1.77	$1,977
Nov 1998	168	227	10.89	2.19	$2,326
Oct 1998	174	254	12.42	1.97	$2,661
Sep 1998	160	240	12.59	2.08	$2,514
Aug 1998	171	250	11.30	1.91	$2,409
Jul 1998	164	224	11.74	2.24	$2,427
Jun 1998	161	223	11.24	2.24	$2,309
May 1998	166	236	12.62	2.21	$2,616
Apr 1998	163	59	13.04	2.51	$2,273
Mar 1998	165	36	12.80	2.31	$2,195
Feb 1998	170	234	13.95	2.30	$2,910
Jan 1998	165	277	14.70	2.15	$3,022
Dec 1997	173	278	16.32	2.41	$3,494
Nov 1997	170	250	18.19	3.09	$3,864
Oct 1997	161	261	19.25	3.15	$3,921
Sep 1997	161	255	17.74	2.95	$3,610
Aug 1997	172	280	17.86	2.55	$3,787
Jul 1997	329	265	17.58	2.25	$6,379
Jun 1997	0	257	17.24	2.26	$580
May 1997	165	262	18.97	2.31	$3,735
Apr 1997	328	277	17.88	2.08	$6,442
Mar 1997	171	260	18.95	1.94	$3,745
Feb 1997	174	257	20.49	2.21	$4,132
Jan 1997	0	312	23.48	3.54	$1,104
Dec 1996	356	423	23.32	—	$8,302
Nov 1996	183	403	21.97	—	$4,021
Oct 1996	356	435	23.31	—	$8,298
Sep 1996	180	296	22.22	—	$4,000
Aug 1996	183	394	20.26	—	$3,708
Jul 1996	182	245	19.55	—	$3,558
Jun 1996	176	407	18.73	—	$3,296
May 1996	157	404	19.43	—	$3,051
Apr 1996	327	390	21.51	—	$7,034
Mar 1996	163	105	19.38	—	$3,159
Feb 1996	323	396	16.98	—	$5,485
Jan 1996	162	286	17.07	—	$2,765
Dec 1995	166	387	17.19	—	$2,854
Nov 1995	347	337	16.00	—	$5,552
Oct 1995	158	300	15.43	—	$2,438
Sep 1995	0	300	16.18	—	$0
Aug 1995	161	259	15.92	—	$2,563
Jul 1995	167	337	15.24	—	$2,545
Jun 1995	344	332	16.41	—	$5,645
May 1995	160	349	17.56	—	$2,810
Apr 1995	178	369	17.73	—	$3,156
Mar 1995	163	386	16.44	—	$2,680
Feb 1995	176	308	16.58	—	$2,918
Jan 1995	166	240	15.92	—	$2,643
Dec 1994	346	365	15.03	—	$5,200
Nov 1994	160	362	15.90	—	$2,544
Oct 1994	331	371	15.58	—	$5,157
Sep 1994	171	403	15.29	—	$2,615
Aug 1994	190	251	16.13	—	$3,065
Jul 1994	338	353	17.56	—	$5,935
Jun 1994	156	388	17.09	—	$2,666
May 1994	182	399	15.88	—	$2,890
Apr 1994	353	429	14.14	—	$4,991
Mar 1994	336	464	12.46	—	$4,187
Feb 1994	172	422	12.50	—	$2,150
Jan 1994	0	446	12.66	—	$0
Dec 1993	172	399	12.33	—	$2,121
Nov 1993	166	437	14.49	—	$2,405
Oct 1993	158	389	15.85	—	$2,504
Sep 1993	163	391	15.03	—	$2,450
Aug 1993	324	400	15.66	—	$5,074
Jul 1993	169	406	15.46	—	$2,613
Jun 1993	318	412	16.79	—	$5,339
May 1993	171	363	17.68	—	$3,023
Apr 1993	160	379	18.05	—	$2,888
Mar 1993	333	417	18.14	—	$6,041
Feb 1993	161	363	17.90	—	$2,882
Jan 1993	337	412	16.93	—	$5,705

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.

Sep 2001 — as filed, then multipliedworked

Oil                    0 bbl  × $ 24.26 =         $0
Casinghead gas         1 Mcf  × $  2.25 =         $2

────────────────────────────────────────────────────
Month total                                       $2

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/2602 is the state's own key, not one this site invented.