COWDEN G

Operated by MAGRUDER, EDWIN H., JR. (P-5 521563) in the GOLDSMITH (5600) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 28931District 08Field 35652868Hydrogen sulphide fieldNGPA filingOilCasinghead gasSaveExport
Value, all time
$290 k
Jan 1993 – Jul 2007
Value, last 12 filed months
$14 k
at the published price for each month
Months reported
175
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 157 leases and 1,575 wells, and the rule below applies to all of them.

Discovered
1947-10-26
as the register files it
Field class
Oil and gas
the register's own label
Between wells
850 ft
minimum
From a lease line
555 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: INTO THE GOLDSMITH (CLEAR FORK) FIELD.

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
OilDisposition6,917 bbl$172,471
Casinghead gasProduction46,356 Mcf$117,538
Total$290,009

21,798 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 32.0550, -102.7719. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.05499, -102.77185 · 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
0.0%
0 of 1 wells
Median depth
5,805 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
1100.0%
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.
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 5,805 ft.

Completions filed
Apr 1984
1 of 1 wells

1 well

42-1353446235,805 ftApr 1984Yes

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 (175)

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

175 months

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 200610620354.906.01$7,040
Sep 2006022260.085.04$1,118
Aug 20066024468.717.34$5,914
Jul 2006025669.376.34$1,624
Jun 20065911766.286.38$4,657
May 2006013566.016.42$867
Apr 2006579764.397.36$4,384
Mar 2006017256.707.08$1,218
Feb 20066216157.597.75$4,819
Jan 2006017460.598.93$1,554
Dec 20055717454.9413.42$5,466
Nov 2005018354.6910.59$1,938
Oct 20056818458.3413.80$6,506
Sep 20056510861.4512.08$5,299
Aug 200505661.519.80$549
Jul 200508055.697.84$627
Jun 20055715352.337.38$4,112
May 20056515645.226.65$3,977
Apr 2005013349.207.36$979
Mar 20056436450.377.15$5,828
Feb 2005019045.226.31$1,199
Jan 20056522543.166.32$4,228
Dec 20046021539.866.75$3,843
Nov 2004019945.286.33$1,260
Oct 20047017249.706.52$4,600
Sep 2004014143.245.28$745
Aug 20046014842.375.55$3,364
Jul 2004015438.286.08$937
Jun 20046310236.106.43$2,930
May 2004014137.486.49$916
Apr 20046420934.475.86$3,431
Mar 20046223334.365.53$3,419
Feb 2004021032.455.51$1,157
Jan 20046924132.036.30$3,728
Dec 2003024930.266.30$1,569
Nov 20036721428.804.60$2,913
Oct 20037020828.174.76$2,962
Sep 2003020926.314.75$993
Aug 2003022329.765.13$1,144
Jul 20037820329.415.17$3,344
Jun 2003022028.565.98$1,316
May 20036825426.595.97$3,325
Apr 2003020526.675.41$1,108
Mar 20037127631.146.10$3,893
Feb 20037829433.487.93$4,942
Jan 2003030130.315.58$1,680
Dec 20028130426.914.85$3,655
Nov 20028131424.664.14$3,296
Oct 20027528126.464.23$3,173
Sep 2002028827.443.64$1,047
Aug 2002021825.963.16$690
Jul 20027127324.583.06$2,581
Jun 2002028323.733.34$945
May 20027829424.663.58$2,977
Apr 2002024323.653.51$853
Mar 20026826422.003.10$2,315
Feb 2002031518.222.38$748
Jan 20026828417.172.38$1,842
Dec 20017330916.932.36$1,966
Nov 200110139218.072.41$2,768
Oct 2001036319.782.53$918
Sep 20019537824.262.25$3,156
Aug 2001034024.873.05$1,038
Jul 20019751623.933.20$3,971
Jun 2001028224.563.82$1,078
May 2001052625.524.31$2,266
Apr 200111136824.685.34$4,703
Mar 200113547124.545.38$5,845
Feb 2001040027.755.77$2,307
Jan 2001049427.478.40$4,149
Dec 200017962426.889.12$10,504
Nov 2000048632.215.66$2,750
Oct 2000040831.235.15$2,099
Sep 20006630731.875.19$3,696
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 20000029.304.40$0
May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 20000028.422.86$0
Feb 20000027.622.73$0
Jan 20000025.272.48$0
Dec 19990024.282.42$0
Nov 19990023.192.43$0
Oct 19990020.982.80$0
Sep 19990021.752.62$0
Aug 19990019.262.88$0
Jul 19990017.892.37$0
Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 19990012.471.84$0
Feb 1999009.981.82$0
Jan 19990010.381.90$0
Dec 1998009.201.77$0
Nov 19980010.892.19$0
Oct 19980012.421.97$0
Sep 19980012.592.08$0
Aug 19980011.301.91$0
Jul 19980011.742.24$0
Jun 19980011.242.24$0
May 19980012.622.21$0
Apr 199803713.042.51$93
Mar 1998139512.802.31$925
Feb 19984435313.952.30$1,425
Jan 19986139214.702.15$1,741
Dec 19975638816.322.41$1,849
Nov 19974236018.193.09$1,876
Oct 19974020019.253.15$1,400
Sep 19976928017.742.95$2,051
Aug 19972932317.862.55$1,343
Jul 19973943717.582.25$1,668
Jun 19974441617.242.26$1,698
May 19974843318.972.31$1,910
Apr 19975542117.882.08$1,860
Mar 19974744118.951.94$1,746
Feb 19974939320.492.21$1,871
Jan 19975645623.483.54$2,929
Dec 19964827923.32$1,119
Nov 19965143321.97$1,120
Oct 19964244723.31$979
Sep 19963143122.22$689
Aug 19967346220.26$1,479
Jul 19964445619.55$860
Jun 19963947018.73$730
May 19962750319.43$525
Apr 19964346921.51$925
Mar 19964346819.38$833
Feb 19966444116.98$1,087
Jan 19963047317.07$512
Dec 19954647417.19$791
Nov 19954247616.00$672
Oct 19953950715.43$602
Sep 19955149716.18$825
Aug 19956052615.92$955
Jul 19956551315.24$991
Jun 19954237116.41$689
May 19959551517.56$1,668
Apr 1995051217.73$0
Mar 19955150016.44$838
Feb 19957344816.58$1,210
Jan 199510047615.92$1,592
Dec 199411949815.03$1,789
Nov 19944650015.90$731
Oct 19948350615.58$1,293
Sep 19945349415.29$810
Aug 19948052216.13$1,290
Jul 19947947017.56$1,387
Jun 199413251217.09$2,256
May 199415733815.88$2,493
Apr 199415350914.14$2,163
Mar 199413150012.46$1,632
Feb 1994043912.50$0
Jan 1994045012.66$0
Dec 199313647512.33$1,677
Nov 199312450714.49$1,797
Oct 1993013215.85$0
Sep 199316344915.03$2,450
Aug 1993058415.66$0
Jul 1993062515.46$0
Jun 199315325916.79$2,569
May 1993015017.68$0
Apr 199313435418.05$2,419
Mar 199313745918.14$2,485
Feb 1993043317.90$0
Jan 199311448616.93$1,930

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 2006 — as filed, then multipliedworked
Oil                  106 bbl  × $ 54.90 =     $5,819
Casinghead gas       203 Mcf  × $  6.01 =     $1,221

────────────────────────────────────────────────────
Month total                                   $7,040

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/28931 is the state's own key, not one this site invented.