POWELL -32-

Operated by DRACO ENERGY, INC. (P-5 227845) in the POWELL (8300) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 27591District 08Field 72810500NGPA filingOilCasinghead gasSaveExport
Value, all time
$2.5 M
Jan 1993 – Apr 2016
Value, last 12 filed months
$12 k
at the published price for each month
Months reported
280
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 21 leases and 32 wells, and the rule below applies to all of them.

Discovered
1982-08-20
as the register files it
Field class
Oil
the register's own label
Between wells
1,320 ft
minimum
From a lease line
660 ft
minimum

A drilling unit in this field needs at least 80 acres.

The Commission's schedule remark for this field reads: #85280300 EFF 12/01/2019

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
NGPA1none

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
OilDisposition43,595 bbl$1,466,332
Casinghead gasProduction368,584 Mcf$1,053,742
Total$2,520,073

131,131 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 (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 31.8790, -101.6689. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.87898, -101.66892 · 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%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
8,550 ft
1 wells filed one
Completion to plug
5.4 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
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

The one well that filed a depth was drilled to 8,550 ft.

Completions filed
Aug 2015
1 of 1 wells
Plug dates filed
Jan 2021
1 of 1 wells

Last completion to plug: a median of 5.4 years across the 1 well that filed both dates, with the middle half between 5.4 years and 5.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-1733130818,550 ftAug 2015Jan 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 (280)

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

280 months

Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 2015245043.552.43$10,670
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20151048.152.95$48
Jun 2015012256.152.88$352
May 2015043355.212.96$1,280
Apr 2015056149.822.71$1,518
Mar 2015067142.892.93$1,969
Feb 2015062644.662.98$1,863
Jan 2015057043.433.10$1,767
Dec 2014044354.693.59$1,591
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 201406197.406.19$378
Jan 2014051990.404.86$2,523
Dec 2013037491.824.35$1,629
Nov 2013031188.853.74$1,163
Oct 201334867797.423.78$36,461
Sep 20130662104.113.72$2,461
Aug 20130670104.253.52$2,360
Jul 2013344683102.523.72$37,806
Jun 2013058594.403.93$2,301
May 2013045294.834.15$1,875
Apr 201318169393.964.28$19,975
Mar 2013062193.623.91$2,430
Feb 2013046091.233.42$1,573
Jan 2013052791.603.42$1,802
Dec 201217837086.773.42$16,711
Nov 201208086.953.62$290
Oct 201218661789.383.40$18,722
Sep 201218166294.672.92$19,067
Aug 2012065292.662.91$1,896
Jul 201217749985.133.02$16,575
Jun 2012070179.822.52$1,766
May 201217377791.612.49$17,782
Apr 2012174758101.652.00$19,201
Mar 20120952105.052.22$2,115
Feb 20120694101.102.57$1,784
Jan 2012047398.092.73$1,293
Dec 201117757496.873.24$19,006
Nov 2011052395.723.31$1,732
Oct 201117468584.983.65$17,286
Sep 201117974183.623.99$17,921
Aug 201117481583.404.15$17,893
Jul 201117483194.144.52$20,134
Jun 201118282592.904.64$20,736
May 201118586398.134.40$21,955
Apr 2011180807105.964.33$22,570
Mar 2011078596.364.06$3,185
Feb 201118065085.644.18$18,132
Jan 201118472986.504.59$19,261
Dec 2010073585.734.35$3,196
Nov 201018379980.843.80$17,826
Oct 2010084078.103.51$2,947
Sep 20103641,12272.633.98$30,902
Aug 2010022273.684.42$981
Jul 201007072.554.74$332
Jun 2010386070.364.91$27,159
May 2010019271.124.24$813
Apr 201001281.694.12$49
Mar 2010020378.394.39$891
Feb 2010034873.585.44$1,894
Jan 2010058774.365.96$3,501
Dec 200923268271.445.48$20,314
Nov 200910063674.593.75$9,845
Oct 200919277072.544.11$17,093
Sep 2009078865.543.06$2,415
Aug 2009081167.423.22$2,610
Jul 2009166161.133.46$2,351
Jun 2009068666.163.90$2,672
May 200940154054.743.93$24,071
Apr 2009045446.773.59$1,629
Mar 2009073642.144.06$2,987
Feb 2009065932.814.63$3,053
Jan 2009071135.865.37$3,819
Dec 2008077937.105.98$4,656
Nov 2008074455.496.86$5,104
Oct 200820073375.246.92$20,122
Sep 20080728101.767.88$5,735
Aug 20080588114.228.48$4,988
Jul 20080690131.0811.39$7,859
Jun 2008208797131.3313.03$37,704
May 2008234902123.1711.57$39,262
Apr 20080881110.3110.45$9,211
Mar 20081745101.909.66$7,302
Feb 2008077992.538.77$6,832
Jan 20089970190.388.21$14,700
Dec 20078567088.337.30$12,400
Nov 200719077991.677.29$23,098
Oct 2007085682.856.92$5,925
Sep 200711381275.846.24$13,640
Aug 20078686269.066.39$11,446
Jul 200710280170.906.39$12,349
Jun 200711085862.007.55$13,297
May 200711193958.747.85$13,888
Apr 200713593259.617.81$15,322
Mar 200714199256.927.30$15,269
Feb 200721885855.108.22$19,061
Jan 2007085350.306.73$5,738
Dec 2006093556.656.92$6,469
Nov 200613896854.207.62$14,853
Oct 20061301,02254.906.01$13,283
Sep 20061561,03060.085.04$14,561
Aug 20061321,06368.717.34$16,872
Jul 20061561,06169.376.34$17,551
Jun 20061971,14866.286.38$20,386
May 200601,02666.016.42$6,592
Apr 200610552064.397.36$10,588
Mar 20061131,03256.707.08$13,717
Feb 200612989057.597.75$14,328
Jan 20061381,01460.598.93$17,420
Dec 200515995354.9413.42$21,520
Nov 200512999154.6910.59$17,548
Oct 20051181,08858.3413.80$21,894
Sep 20051581,07561.4512.08$22,694
Aug 20051661,13061.519.80$21,281
Jul 20051611,13155.697.84$17,837
Jun 20051531,07652.337.38$15,948
May 20051131,10645.226.65$12,466
Apr 20051301,09749.207.36$14,470
Mar 20052711,08850.377.15$21,435
Feb 200511,03645.226.31$6,584
Jan 20052461,13643.166.32$17,799
Dec 2004095139.866.75$6,420
Nov 200423197045.286.33$16,600
Oct 200401,07249.706.52$6,984
Sep 20042111,02343.245.28$14,529
Aug 2004059942.375.55$3,325
Jul 20042931,05738.286.08$17,647
Jun 2004095936.106.43$6,169
May 200401,06237.486.49$6,897
Apr 20042201,02634.475.86$13,594
Mar 200401,02734.365.53$5,679
Feb 20042101,06632.455.51$12,688
Jan 200401,08632.036.30$6,841
Dec 20032341,17630.266.30$14,492
Nov 200331,18028.804.60$5,509
Oct 20032561,24328.174.76$13,128
Sep 200301,14526.314.75$5,438
Aug 200361,07129.765.13$5,672
Jul 20033271,23129.415.17$15,982
Jun 200301,35828.565.98$8,125
May 20032221,35726.595.97$14,008
Apr 200301,28826.675.41$6,965
Mar 20033171,42931.146.10$18,583
Feb 200331,13333.487.93$9,080
Jan 20033461,36530.315.58$18,107
Dec 200201,33326.914.85$6,470
Nov 20022841,30124.664.14$12,386
Oct 200201,30326.464.23$5,511
Sep 20023121,45627.443.64$13,854
Aug 200271,28325.963.16$4,241
Jul 20023991,45024.583.06$14,247
Jun 20022431,40623.733.34$10,460
May 200201,41224.663.58$5,061
Apr 200201,36823.653.51$4,805
Mar 20023381,48122.003.10$12,031
Feb 200201,26218.222.38$2,998
Jan 20022441,46017.172.38$7,658
Dec 20011861,45416.932.36$6,587
Nov 20012201,46518.072.41$7,499
Oct 200111,52619.782.53$3,879
Sep 20012131,52924.262.25$8,610
Aug 20011902,49124.873.05$12,331
Jul 20012492,56423.933.20$14,156
Jun 20011991,48424.563.82$10,562
May 200101,68025.524.31$7,236
Apr 20012451,67224.685.34$14,967
Mar 20012291,69224.545.38$14,717
Feb 200101,43127.755.77$8,253
Jan 20012321,72027.478.40$20,819
Dec 20001951,68726.889.12$20,631
Nov 20002101,70332.215.66$16,400
Oct 200001,76631.235.15$9,087
Sep 20002051,80831.875.19$15,911
Aug 20001601,88229.644.54$13,288
Jul 20002781,95028.534.09$15,906
Jun 20002911,88529.304.40$16,815
May 200001,89527.263.68$6,973
Apr 20005171,92724.513.12$18,676
Mar 200011,96428.422.86$5,645
Feb 20003101,69027.622.73$13,170
Jan 200021,78925.272.48$4,488
Dec 19993111,73124.282.42$11,747
Nov 19992711,79623.192.43$10,656
Oct 199901,89020.982.80$5,299
Sep 19992231,82421.752.62$9,627
Aug 19995702,00119.262.88$16,732
Jul 199972,06217.892.37$5,017
Jun 19994122,00515.942.36$11,303
May 1999112,07015.792.32$4,978
Apr 19993711,95315.102.21$9,914
Mar 19994191,98912.471.84$8,881
Feb 19994141,8029.981.82$7,407
Jan 19993391,97710.381.90$7,275
Dec 19983681,9539.201.77$6,849
Nov 1998191,97010.892.19$4,513
Oct 19984102,10412.421.97$9,235
Sep 19988742,17412.592.08$15,531
Aug 19984102,04911.301.91$8,541
Jul 19982371,94311.742.24$7,129
Jun 199812,03711.242.24$4,569
May 199801,70812.622.21$3,768
Apr 19984781,70513.042.51$10,505
Mar 19981361,83212.802.31$5,972
Feb 199801,56213.952.30$3,591
Jan 19982071,74514.702.15$6,803
Dec 19974131,59516.322.41$10,586
Nov 19972371,74218.193.09$9,691
Oct 199711,81619.253.15$5,739
Sep 19973891,90517.742.95$12,530
Aug 19972211,86417.862.55$8,709
Jul 19974791,99117.582.25$12,894
Jun 19972561,96217.242.26$8,842
May 19974692,03918.972.31$13,604
Apr 19975752,04517.882.08$14,540
Mar 19973222,11218.951.94$10,197
Feb 19972351,14620.492.21$7,343
Jan 199701,36823.483.54$4,842
Dec 199601,15823.32$0
Nov 19961961,35321.97$4,306
Oct 19962491,61123.31$5,804
Sep 19962191,68422.22$4,866
Aug 19961802,16820.26$3,647
Jul 19962262,20719.55$4,418
Jun 19963472,15518.73$6,499
May 19963292,55919.43$6,392
Apr 19963532,02921.51$7,593
Mar 19962462,03319.38$4,767
Feb 19962611,75716.98$4,432
Jan 19962781,62617.07$4,745
Dec 199501,75917.19$0
Nov 19951751,72216.00$2,800
Oct 19953531,76715.43$5,447
Sep 19951712,05716.18$2,767
Aug 19955542,52615.92$8,820
Jul 199512,26015.24$15
Jun 19951792,29616.41$2,937
May 19954472,71517.56$7,849
Apr 19952062,23017.73$3,652
Mar 19952082,63016.44$3,420
Feb 19953442,69016.58$5,704
Jan 19953802,35815.92$6,050
Dec 19941662,44715.03$2,495
Nov 19943412,46015.90$5,422
Oct 19943272,80015.58$5,095
Sep 19943432,80215.29$5,244
Aug 19945353,19416.13$8,630
Jul 199402,87017.56$0
Jun 199402,80017.09$0
May 19941632,86215.88$2,588
Apr 19941602,91714.14$2,262
Mar 19943382,94712.46$4,211
Feb 19943412,76712.50$4,263
Jan 19943513,21212.66$4,444
Dec 19933353,32712.33$4,131
Nov 19935463,31114.49$7,912
Oct 19931813,58915.85$2,869
Sep 19933603,62915.03$5,411
Aug 19935194,02815.66$8,128
Jul 19931603,72415.46$2,474
Jun 19933474,05716.79$5,826
May 19933424,15417.68$6,047
Apr 19931934,31018.05$3,484
Mar 19935204,62718.14$9,433
Feb 19932884,14417.90$5,155
Jan 19938454,80316.93$14,306

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 2015 — as filed, then multipliedworked
Oil                  245 bbl  × $ 43.55 =    $10,670
Casinghead gas         0 Mcf  × $  2.43 =         $0

────────────────────────────────────────────────────
Month total                                  $10,670

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/27591 is the state's own key, not one this site invented.