COWDEN-F- SILURIAN

Operated by PECOS OPERATING COMPANY, LLC (P-5 649245) in the GOLDSMITH, N. (SILURIAN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 26748District 08Field 35654830NGPA filingOilCasinghead gasSaveExport
Value, all time
$1.3 M
Jan 1993 – Feb 2010
Value, last 12 filed months
$0
at the published price for each month
Months reported
206
no gaps in the span
Streams
2
oil, casinghead 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 11 leases and 19 wells, and the rule below applies to all of them.

Discovered
1948-09-13
as the register files it
Field class
Oil
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA5none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
OilDisposition34,049 bbl$648,543
Casinghead gasProduction414,700 Mcf$694,201
Total$1,342,744

205,888 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 (6)

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 32.0941, -102.7611. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.8 miles.

32.09468, -102.76212 · 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
100.0%
6 of 6 wells
With a plug date
33.3%
2 of 6 wells
Median depth
8,117 ft
6 wells filed one
Completion to plug
13.4 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
6100.0%
A plug date is filed
233.3%
BothOn the schedule and plugged. Neither fact cancels the other.
233.3%
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 7,894 and 8,273 ft, median 8,117 ft, over the 6 wells that filed a depth.

Completions filed
Apr 1983 – May 2022
6 of 6 wells
Plug dates filed
Sep 1982 – Sep 1996
2 of 6 wells; 4 filed none

Last completion to plug: a median of 13.4 years across the 1 well that filed both dates, with the middle half between 13.4 years and 13.4 years. A further 1 well is excluded, because the last completion the Commission holds for it is dated after the plug date. Both dates are the latest of their kind on the wellbore record and they are filed separately, so the two need not run in order. The gap is the distance between two filed dates — it is not a statement of how long the well produced.

6 wells

42-0033327758,150 ftMay 2022Yes
42-0033329768,169 ftApr 2022Sep 1982Yes
42-003327631F8,273 ftJul 2021Yes
42-0033294927,894 ftNov 2020Yes
42-0033303738,083 ftSep 2005Yes
42-0033303848,058 ftApr 1983Sep 1996Yes

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 (206)

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

206 months

Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 2004213049.706.52$10,586
Sep 2004028843.245.28$1,522
Aug 200415531542.375.55$8,316
Jul 2004039638.286.08$2,409
Jun 200414887336.106.43$10,959
May 200418743337.486.49$9,821
Apr 200406034.475.86$352
Mar 2004145534.365.53$2,551
Feb 20041881,55632.455.51$14,674
Jan 200401,55632.036.30$9,802
Dec 20031851,71630.266.30$16,412
Nov 20031851,67628.804.60$13,029
Oct 200301,70028.174.76$8,091
Sep 20031851,61626.314.75$12,542
Aug 200301,75429.765.13$8,998
Jul 20031851,70229.415.17$14,242
Jun 20031901,71028.565.98$15,657
May 200301,75226.595.97$10,464
Apr 20031831,42826.675.41$12,602
Mar 20031901,78431.146.10$16,792
Feb 20031872,07433.487.93$22,699
Jan 20031911,83930.315.58$16,055
Dec 200201,80026.914.85$8,737
Nov 20021871,67924.664.14$11,557
Oct 20022001,72126.464.23$12,570
Sep 200201,64827.443.64$5,991
Aug 20021811,44125.963.16$9,258
Jul 20021841,74524.583.06$9,865
Jun 200201,74623.733.34$5,829
May 20021871,72324.663.58$10,787
Apr 20021901,68223.653.51$10,401
Mar 200201,60122.003.10$4,967
Feb 20021901,67618.222.38$7,443
Jan 20021971,94417.172.38$8,001
Dec 200101,97616.932.36$4,672
Nov 20011931,75718.072.41$7,714
Oct 20011971,80819.782.53$8,469
Sep 20011891,72324.262.25$8,464
Aug 200101,79724.873.05$5,487
Jul 20011871,78223.933.20$10,172
Jun 200101,75024.563.82$6,692
May 20011871,88425.524.31$12,887
Apr 20011881,65524.685.34$13,470
Mar 20011911,93624.545.38$15,096
Feb 20011941,78027.755.77$15,649
Jan 200102,06327.478.40$17,327
Dec 20001932,03126.889.12$23,716
Nov 20001852,07632.215.66$17,705
Oct 20001802,02831.235.15$16,056
Sep 200001,95331.875.19$10,129
Aug 20001882,11029.644.54$15,153
Jul 20001832,17228.534.09$14,104
Jun 20001892,26229.304.40$15,484
May 20001831,79427.263.68$11,590
Apr 200002,04424.513.12$6,369
Mar 20003632,53528.422.86$17,566
Feb 20001982,62527.622.73$12,626
Jan 20003792,86625.272.48$16,686
Dec 19991902,91224.282.42$11,671
Nov 19991702,78623.192.43$10,723
Oct 19991832,90420.982.80$11,981
Sep 19991722,75621.752.62$10,959
Aug 19991803,01819.262.88$12,145
Jul 19991883,04517.892.37$10,587
Jun 19993883,00715.942.36$13,288
May 19991983,15815.792.32$10,456
Apr 19991912,98215.102.21$9,469
Mar 19991922,90612.471.84$7,736
Feb 19991962,7909.981.82$7,028
Jan 19993733,12310.381.90$9,805
Dec 19983923,1459.201.77$9,183
Nov 19983853,11410.892.19$10,999
Oct 19983823,20512.421.97$11,056
Sep 19983813,07612.592.08$11,203
Aug 199803,09411.301.91$5,901
Jul 199803,14311.742.24$7,032
Jun 199803,06111.242.24$6,848
May 19981943,18712.622.21$9,480
Apr 19981933,15313.042.51$10,416
Mar 19983903,26812.802.31$12,539
Feb 19981832,93413.952.30$9,299
Jan 19981973,28914.702.15$9,983
Dec 19973873,34316.322.41$14,376
Nov 19971983,28918.193.09$13,759
Oct 19973762,84819.253.15$16,209
Sep 19971953,32717.742.95$13,290
Aug 19973323,48917.862.55$14,843
Jul 19971793,52117.582.25$11,058
Jun 19972473,38817.242.26$11,906
May 19973413,48318.972.31$14,509
Apr 19971963,32617.882.08$10,432
Mar 19973553,53918.951.94$13,590
Feb 19972583,13820.492.21$12,209
Jan 19971653,56923.483.54$16,507
Dec 19963343,17223.32$7,789
Nov 19963344,07221.97$7,338
Oct 19963334,28023.31$7,762
Sep 19961716,49422.22$3,800
Aug 19963214,18720.26$6,503
Jul 19963423,84419.55$6,686
Jun 19961633,89418.73$3,053
May 19962554,05019.43$4,955
Apr 19963033,86821.51$6,518
Mar 19963604,03519.38$6,977
Feb 19963213,91516.98$5,451
Jan 19963644,12917.07$6,213
Dec 19953354,18017.19$5,759
Nov 19953514,08216.00$5,616
Oct 19953504,39715.43$5,401
Sep 19953534,26816.18$5,712
Aug 19951864,70415.92$2,961
Jul 19953564,36415.24$5,425
Jun 19953673,58516.41$6,022
May 19953384,30617.56$5,935
Apr 19953514,39717.73$6,223
Mar 19955104,27016.44$8,384
Feb 19953763,96616.58$6,234
Jan 19953554,38215.92$5,652
Dec 19943844,23415.03$5,772
Nov 19943724,30615.90$5,915
Oct 19943854,44915.58$5,998
Sep 19943714,51315.29$5,673
Aug 19943834,81316.13$6,178
Jul 19941904,51517.56$3,336
Jun 19943514,54017.09$5,999
May 19945703,39215.88$9,052
Apr 19943664,70414.14$5,175
Mar 19945574,93412.46$6,940
Feb 19943834,42112.50$4,788
Jan 19945674,90612.66$7,178
Dec 19937234,89412.33$8,915
Nov 19933734,15214.49$5,405
Oct 19933624,33315.85$5,738
Sep 19933304,42515.03$4,960
Aug 19935624,51415.66$8,801
Jul 19933722,79115.46$5,751
Jun 19933193,29916.79$5,356
May 19933444,64817.68$6,082
Apr 19933634,45918.05$6,552
Mar 19933455,20118.14$6,258
Feb 19935254,55317.90$9,398
Jan 19933204,05116.93$5,418

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.

Oct 2004 — as filed, then multipliedworked
Oil                  213 bbl  × $ 49.70 =    $10,586
Casinghead gas         0 Mcf  × $  6.52 =         $0

────────────────────────────────────────────────────
Month total                                  $10,586

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/26748 is the state's own key, not one this site invented.