POWELL, E. L.

Operated by PARSLEY ENERGY OPERATIONS, LLC (P-5 642652) in the COBRA (WOLFCAMP) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 29051District 08Field 19235700Hydrogen sulphide fieldNGPA filingOilCasinghead gasSaveExport
Value, all time
$6.8 M
Jan 1993 – Mar 2020
Value, last 12 filed months
$70 k
at the published price for each month
Months reported
327
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 78 leases and 89 wells, and the rule below applies to all of them.

Discovered
1984-06-20
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 1985-03-01.

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 CHANGED FROM ONE WELL TO PRORATED 04/29/2017

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
OilDisposition174,034 bbl$5,770,731
Casinghead gasProduction346,998 Mcf$1,039,855
Total$6,810,586

105,802 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 31.9580, -101.6343. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.95804, -101.63430 · 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
10,795 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 10,795 ft.

Completions filed
Jun 1984
1 of 1 wells

1 well

42-17331606110,795 ftJun 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 (327)

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

327 months

Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 2019552053.112.30$29,317
Jul 2019181056.272.46$10,185
Jun 2019170052.782.49$8,973
May 2019179058.482.74$10,468
Apr 2019170062.632.75$10,647
Mar 2019175056.803.06$9,940
Feb 2019172050.852.79$8,746
Jan 2019174046.033.23$8,009
Dec 2018172046.594.19$8,013
Nov 20180052.934.24$0
Oct 2018140061.443.40$8,602
Sep 2018179059.543.11$10,658
Aug 2018329059.403.07$19,543
Jul 2018167065.142.93$10,878
Jun 2018165060.183.08$9,930
May 2018253065.382.90$16,541
Apr 201810180063.842.90$8,768
Mar 20180061.222.79$0
Feb 20183591,10961.782.77$25,247
Jan 2018058962.874.01$2,361
Dec 201736592757.272.92$23,612
Nov 201702,40955.423.12$7,512
Oct 201735452749.292.98$19,021
Sep 2017352047.523.09$16,727
Aug 201701,30045.373.00$3,906
Jul 201733222843.873.09$15,269
Jun 201735590342.493.09$17,872
May 2017164345.373.26$2,144
Apr 201735684247.933.21$19,767
Mar 20173341,43346.772.98$19,897
Feb 2017031350.452.95$924
Jan 201733828349.413.42$17,668
Dec 2016024048.763.72$893
Nov 201634986142.492.64$17,106
Oct 2016089546.193.09$2,766
Sep 201635276141.553.10$16,985
Aug 201633626441.442.92$14,696
Jul 2016092341.622.92$2,699
Jun 201635612645.352.69$16,483
May 2016355042.521.99$15,095
Apr 201607936.561.99$157
Mar 20163361833.011.79$11,124
Feb 2016342026.472.06$9,053
Jan 2016340027.352.36$9,299
Dec 2015310032.362.00$10,032
Nov 201518021838.792.17$7,455
Oct 20151791,47243.552.43$11,367
Sep 20153581,56542.992.76$19,707
Aug 201502,11440.162.87$6,072
Jul 201501,08148.152.95$3,184
Jun 20156501,21856.152.88$40,009
May 201503,10755.212.96$9,183
Apr 20153652,52149.822.71$25,008
Mar 20153653,19142.892.93$25,020
Feb 2015018644.662.98$554
Jan 2015358043.433.10$15,548
Dec 2014176054.693.59$9,625
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 2014184086.164.05$15,853
Aug 2014188089.394.04$16,805
Jul 2014183096.564.18$17,670
Jun 2014188098.164.74$18,454
May 201435639294.734.73$35,577
Apr 201418754895.944.81$20,576
Mar 2014017595.895.06$885
Feb 20143431,49997.406.19$42,690
Jan 20141861,10790.404.86$22,195
Dec 201318542091.824.35$18,816
Nov 201318477588.853.74$19,246
Oct 201318133097.423.78$18,880
Sep 20133490104.113.72$36,334
Aug 201300104.253.52$0
Jul 20131870102.523.72$19,171
Jun 20131843694.403.93$17,511
May 20131857794.834.15$17,863
Apr 201306093.964.28$257
Mar 20133251993.623.91$30,501
Feb 2013338691.233.42$30,856
Jan 2013191291.603.42$17,502
Dec 2012191286.773.42$16,580
Nov 20121945886.953.62$17,079
Oct 20121811,53689.383.40$21,400
Sep 201254823794.672.92$52,571
Aug 201201,73092.662.91$5,031
Jul 20123691,84885.133.02$36,995
Jun 20121836579.822.52$14,771
May 20121861,70891.612.49$21,290
Apr 201218329101.652.00$18,660
Mar 20121839105.052.22$19,244
Feb 20121840101.102.57$18,602
Jan 20121861,17498.092.73$21,455
Dec 20115544396.873.24$53,805
Nov 20111822,09695.723.31$24,361
Oct 201118923384.983.65$16,911
Sep 20115492,02983.623.99$53,995
Aug 20111,03531083.404.15$87,605
Jul 201101494.144.52$63
Jun 201131459492.904.64$31,927
May 201135059598.134.40$36,966
Apr 20111861,301105.964.33$25,346
Mar 20117271,91596.364.06$77,824
Feb 201101,26685.644.18$5,292
Jan 20113631,29486.504.59$37,337
Dec 20101801,13385.734.35$20,357
Nov 201035952680.843.80$31,018
Oct 201036049878.103.51$29,863
Sep 201036688572.633.98$30,104
Aug 201036389673.684.42$30,706
Jul 20101842,71972.554.74$26,228
Jun 201036598270.364.91$30,503
May 201006471.124.24$271
Apr 20101823781.694.12$15,020
Mar 20103621,29678.394.39$34,065
Feb 201036168973.585.44$30,312
Jan 201018221474.365.96$14,810
Dec 200970288671.445.48$55,009
Nov 200901,16274.593.75$4,359
Oct 200918027872.544.11$14,200
Sep 200918349265.543.06$13,502
Aug 200935473967.423.22$26,245
Jul 200955873261.133.46$36,647
Jun 20095131,05666.163.90$38,053
May 200952028554.743.93$29,584
Apr 20094981,03746.773.59$27,012
Mar 20091811,35042.144.06$13,107
Feb 20095571,53432.814.63$25,382
Jan 20095451,03835.865.37$25,119
Dec 200818745837.105.98$9,675
Nov 200836564855.496.86$24,699
Oct 200818058575.246.92$17,593
Sep 2008531603101.767.88$58,784
Aug 20081871,179114.228.48$31,361
Jul 20083681,250131.0811.39$62,474
Jun 20083671,181131.3313.03$63,590
May 2008347957123.1711.57$53,817
Apr 20087011,427110.3110.45$92,246
Mar 2008332844101.909.66$41,987
Feb 200833661892.538.77$36,510
Jan 20083601,64190.388.21$46,002
Dec 200735853088.337.30$35,492
Nov 20077251,33491.677.29$76,188
Oct 20073751,37682.856.92$40,593
Sep 200737062575.846.24$31,963
Aug 200736182369.066.39$30,188
Jul 200735350170.906.39$28,228
Jun 200736370062.007.55$27,790
May 200771781058.747.85$48,472
Apr 20075341,30759.617.81$42,033
Mar 200755581656.927.30$37,549
Feb 20071841,46555.108.22$22,175
Jan 2007051250.306.73$3,444
Dec 2006080056.656.92$5,535
Nov 200602,85054.207.62$21,710
Oct 2006183254.906.01$10,059
Sep 20063691160.085.04$22,225
Aug 20063611368.717.34$24,900
Jul 20063572969.376.34$24,949
Jun 200636532266.286.38$26,248
May 20067121,15066.016.42$54,388
Apr 20063511,38064.397.36$32,758
Mar 20063591,52656.707.08$31,164
Feb 200671691357.597.75$48,311
Jan 200634991860.598.93$29,347
Dec 20053721,05754.9413.42$34,618
Nov 20053491,01554.6910.59$29,834
Oct 200572981358.3413.80$53,746
Sep 200501,23161.4512.08$14,869
Aug 20057191,10961.519.80$55,090
Jul 200501,49655.697.84$11,734
Jun 200566086952.337.38$40,952
May 200536269245.226.65$20,972
Apr 200568490549.207.36$40,314
Mar 200501,61550.377.15$11,555
Feb 200536050545.226.31$19,467
Jan 200534174443.166.32$19,421
Dec 20047192,02239.866.75$42,310
Nov 2004032945.286.33$2,083
Oct 200471540549.706.52$38,174
Sep 20043551,56843.245.28$23,635
Aug 200436065842.375.55$18,906
Jul 20045191,31438.286.08$27,862
Jun 20043511,06236.106.43$19,503
May 20043561,53437.486.49$23,306
Apr 20043521,95734.475.86$23,598
Mar 20043328134.365.53$11,855
Feb 2004182032.455.51$5,906
Jan 2004354032.036.30$11,339
Dec 2003341030.266.30$10,319
Nov 2003368028.804.60$10,598
Oct 2003355028.174.76$10,000
Sep 2003485026.314.75$12,760
Aug 2003475029.765.13$14,136
Jul 2003333029.415.17$9,794
Jun 2003344828.565.98$9,873
May 20031832226.595.97$4,997
Apr 2003639726.675.41$17,080
Mar 2003358031.146.10$11,148
Feb 2003193033.487.93$6,462
Jan 2003682030.315.58$20,671
Dec 2002182026.914.85$4,898
Nov 200270918824.664.14$18,262
Oct 20028461,24826.464.23$27,663
Sep 20023081,10727.443.64$12,476
Aug 20027051,24125.963.16$22,229
Jul 20027121,30924.583.06$21,509
Jun 20025341,41123.733.34$17,382
May 20023641,38524.663.58$13,940
Apr 20025451,31923.653.51$17,522
Mar 200201,00022.003.10$3,103
Feb 20023601,09718.222.38$9,165
Jan 200271997717.172.38$14,666
Dec 200136195716.932.36$8,374
Nov 20017491,10318.072.41$16,188
Oct 20011,0941,48519.782.53$25,395
Sep 20015451,45624.262.25$16,500
Aug 20017081,62224.873.05$22,560
Jul 20017091,34323.933.20$21,260
Jun 20010024.563.82$0
May 20013591,91225.524.31$17,397
Apr 20013591,61424.685.34$17,471
Mar 20013641,58124.545.38$17,433
Feb 20013611,60527.755.77$19,274
Jan 20011,0111,16027.478.40$37,515
Dec 2000079026.889.12$7,207
Nov 200036058632.215.66$14,911
Oct 200073345231.235.15$25,217
Sep 200001,26831.875.19$6,576
Aug 20007061,83829.644.54$29,272
Jul 20005332,02928.534.09$23,505
Jun 20003651,12429.304.40$15,637
May 20003641,32827.263.68$14,809
Apr 20007241,24024.513.12$21,609
Mar 20003681,32628.422.86$14,251
Feb 20008801,02227.622.73$27,092
Jan 20003661,43925.272.48$12,818
Dec 19997261,52624.282.42$21,326
Nov 19991821,11723.192.43$6,939
Oct 199970385720.982.80$17,152
Sep 19997301,39921.752.62$19,541
Aug 19996601,69119.262.88$17,574
Jul 19995421,77117.892.37$13,898
Jun 19997331,62915.942.36$15,532
May 19996581,72515.792.32$14,394
Apr 19998671,61315.102.21$16,653
Mar 19997301,42412.471.84$11,721
Feb 199991609.981.82$9,142
Jan 19999151,64210.381.90$12,617
Dec 19989251,3429.201.77$10,890
Nov 19989091,63410.892.19$13,470
Oct 19989181,89212.421.97$15,127
Sep 19988751,98512.592.08$15,150
Aug 19981,0312,11911.301.91$15,692
Jul 19989082,21411.742.24$15,613
Jun 19981,0492,23611.242.24$16,793
May 19981,0872,37912.622.21$18,967
Apr 19987262,18213.042.51$14,934
Mar 19981,1161,58012.802.31$17,934
Feb 19981,0852,46413.952.30$20,801
Jan 19981,110014.702.15$16,317
Dec 19975492,27716.322.41$14,450
Nov 199775074318.193.09$15,937
Oct 19977501,92219.253.15$20,491
Sep 19971,2972,15417.742.95$29,374
Aug 19979072,17917.862.55$21,766
Jul 19979052,37317.582.25$21,242
Jun 19971,2992,33417.242.26$27,663
May 19979072,57318.972.31$23,146
Apr 19971,0952,24617.882.08$24,257
Mar 19975612,80318.951.94$16,066
Feb 19977462,63520.492.21$21,098
Jan 19978681,64623.483.54$26,207
Dec 19965563723.32$12,966
Nov 19969083,15521.97$19,949
Oct 19961,4534,66623.31$33,869
Sep 19961,0723,30722.22$23,820
Aug 19961,1082,74820.26$22,448
Jul 19961,0711,42219.55$20,938
Jun 19961,0702,37218.73$20,041
May 19969253,12319.43$17,973
Apr 19961,2934,07121.51$27,812
Mar 19967001,24219.38$13,566
Feb 199692370116.98$15,673
Jan 19961,1062,26617.07$18,879
Dec 19951,0902,42517.19$18,737
Nov 19951,1193,14716.00$17,904
Oct 19951,0941,36515.43$16,880
Sep 19951,4931,31416.18$24,157
Aug 19957731,77115.92$12,306
Jul 19951,4541,79115.24$22,159
Jun 19951,1021,78216.41$18,084
May 19951,0831,86717.56$19,017
Apr 19951,4752,14617.73$26,152
Mar 19951,4912,75116.44$24,512
Feb 19959391,60516.58$15,569
Jan 19951,4772,02115.92$23,514
Dec 19941,5022,85115.03$22,575
Nov 19949281,66815.90$14,755
Oct 19941,4831,82815.58$23,105
Sep 19941,4571,76715.29$22,278
Aug 19941,4631,91216.13$23,598
Jul 19941,0651,94117.56$18,701
Jun 19941,1062,22117.09$18,902
May 19941,8443,08615.88$29,283
Apr 19941,4881,86314.14$21,040
Mar 19941,5672,12112.46$19,525
Feb 19941,4931,92012.50$18,663
Jan 19941,1172,10212.66$14,141
Dec 19931,8261,96212.33$22,515
Nov 19931,1131,94014.49$16,127
Oct 19932,2401,88715.85$35,504
Sep 19931,4782,22315.03$22,214
Aug 19931,8452,36115.66$28,893
Jul 19932,0292,41215.46$31,368
Jun 19932,0322,21216.79$34,117
May 19931,4862,41617.68$26,272
Apr 19932,2282,35618.05$40,215
Mar 19932,2142,42218.14$40,162
Feb 19932,9692,23317.90$53,145
Jan 19931,9953,00316.93$33,775

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.

Aug 2019 — as filed, then multipliedworked
Oil                  552 bbl  × $ 53.11 =    $29,317
Casinghead gas         0 Mcf  × $  2.30 =         $0

────────────────────────────────────────────────────
Month total                                  $29,317

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/29051 is the state's own key, not one this site invented.