FORTUNE 500

Operated by R3 OPERATING CORPORATION (P-5 103624) in the COWDEN (CANYON) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 33968District 08Field 21287249OilCasinghead gasSaveExport
Value, all time
$23.5 M
Sep 1993 – May 2026
Value, last 12 filed months
$1.7 M
at the published price for each month
Months reported
393
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 1 leases and 2 wells, and the rule below applies to all of them.

Discovered
1993-09-04
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

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
OilDisposition406,247 bbl$22,869,942
Casinghead gasProduction198,493 Mcf$658,305
Total$23,528,247

20,776 Mcf of this lease's gas, across 40 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 (2)

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 31.8301, -102.5423. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

31.83008, -102.54234 · 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
0.0%
0 of 2 wells
With a plug date
0.0%
0 of 2 wells
Median depth
12,923 ft
2 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
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.
2100.0%

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 12,789 and 13,056 ft, median 12,923 ft, over the 2 wells that filed a depth.

Completions filed
Sep 1993 – Jul 1997
2 of 2 wells

2 wells

42-13536522112,789 ftJul 1997
42-13536553213,056 ftSep 1993

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 (393)

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

393 months

May 20261,7420106.413.05$185,366
Apr 20261,788098.932.87$176,887
Mar 20262,159089.753.15$193,770
Feb 20261,982063.503.75$125,857
Jan 20262,192059.138.00$129,613
Dec 20252,207056.664.41$125,049
Nov 20251,833058.593.93$107,395
Oct 20251,787059.383.30$106,112
Sep 20252,126062.743.08$133,385
Aug 20251,437063.933.01$91,867
Jul 20252,311066.743.32$154,236
Jun 20251,973066.483.13$131,165
May 20252,515060.553.23$152,283
Apr 20252,118062.363.54$132,078
Mar 20252,122067.704.27$143,659
Feb 20252,115070.884.34$149,911
Jan 20251,946074.324.28$144,627
Dec 20242,634068.993.12$181,720
Nov 20242,099069.052.20$144,936
Oct 20242,486071.372.28$177,426
Sep 20242,528069.612.36$175,974
Aug 20242,308075.632.06$174,554
Jul 20242,333079.932.15$186,477
Jun 20242,372078.082.63$185,206
May 20242,3691,18178.812.20$189,297
Apr 20242,3511,78984.451.66$201,510
Mar 20242,5381,90280.301.55$206,740
Feb 20242,5631,53376.091.78$197,753
Jan 20242,3811,13173.023.30$177,590
Dec 20232,0061,03471.262.61$145,647
Nov 20232,5531,89977.892.81$204,185
Oct 20232,4002,17285.443.09$211,762
Sep 20232,7232,06789.042.74$248,109
Aug 20232,8842,08880.522.67$237,801
Jul 20232,7661,63274.852.64$211,347
Jun 20232,7501,76368.962.26$193,622
May 20232,9222,15470.622.23$211,149
Apr 20232,5922,22278.122.24$207,459
Mar 20233,3052,08972.852.39$245,769
Feb 20232,0181,18375.112.47$154,489
Jan 20233,0642,08076.533.39$241,534
Dec 20222,6621,64476.415.73$212,822
Nov 20222,9571,99085.005.65$262,581
Oct 20222,9181,51987.185.86$263,298
Sep 20222,8142,13784.888.16$256,298
Aug 20223,0982,17894.529.13$312,702
Jul 20223,0391,936101.587.54$323,303
Jun 20223,0501,928115.097.98$366,405
May 20222,7921,931109.378.43$321,645
Apr 20223,2491,739104.226.84$350,501
Mar 20222,9181,548108.885.08$325,570
Feb 20222,6371,27191.054.86$246,274
Jan 20222,2541,45181.844.54$191,052
Dec 20213,3362,31071.323.90$246,930
Nov 20212,9091,90377.435.24$235,210
Oct 20213,0181,76179.795.71$250,868
Sep 20212,3811,66169.865.35$175,225
Aug 20213,0911,70666.024.22$211,268
Jul 20212,1341,32370.783.98$156,313
Jun 20212,908069.493.38$202,077
May 20213,273063.483.02$207,770
Apr 20212,364060.362.76$142,691
Mar 20213,483061.302.72$213,508
Feb 20211,858057.805.55$107,392
Jan 20213,496050.412.81$176,233
Dec 20202,941044.642.68$131,286
Nov 20203,097038.772.71$120,071
Oct 20202,888036.972.48$106,769
Sep 20202,5181,68137.091.99$96,740
Aug 20202,8721,65239.982.39$118,763
Jul 20203,02597838.371.83$117,854
Jun 20203,4411,18534.901.69$122,094
May 20201,26791516.921.81$23,098
Apr 20202,8711,65714.751.80$45,337
Mar 20201,2861,25030.341.86$41,338
Feb 20201,8051,07749.881.98$92,167
Jan 20201,0721,11557.252.09$63,708
Dec 20191,4261,21859.012.30$86,955
Nov 20191,4101,23355.302.75$81,365
Oct 20192,2081,22953.472.42$121,034
Sep 20192,51381155.052.66$140,496
Aug 20192,9021,48753.112.30$157,552
Jul 20192,928056.272.46$164,759
Jun 20192,53820952.782.49$134,476
May 20192,8771,02558.482.74$171,056
Apr 20191,9731,50162.632.75$127,698
Mar 20191,40580056.803.06$82,254
Feb 20191,48877050.852.79$77,815
Jan 20191,78893246.033.23$85,310
Dec 20182,4011,12246.594.19$116,559
Nov 20181,43768552.934.24$78,963
Oct 20182,0161,13261.443.40$127,710
Sep 20182,0041,01659.543.11$122,476
Aug 20181,9761,20259.403.07$121,060
Jul 20181,84180265.142.93$122,274
Jun 20181,82856860.183.08$111,757
May 20181,4381,08665.382.90$97,167
Apr 20182,0201,14163.842.90$132,267
Mar 20181,45796161.222.79$91,876
Feb 20181,45993661.782.77$92,726
Jan 20181,6221,11462.874.01$106,442
Dec 20171,46199157.272.92$86,567
Nov 20172,0041,20655.423.12$114,822
Oct 20172,1491,05749.292.98$109,078
Sep 20173,2541,65047.523.09$159,724
Aug 20172,8771,85345.373.00$136,097
Jul 20172,4971,54543.873.09$114,313
Jun 20172,8731,50842.493.09$126,729
May 20172,5241,51645.373.26$119,461
Apr 20173,0821,81947.933.21$153,562
Mar 20173,0661,88646.772.98$149,024
Feb 20171,28498250.452.95$67,677
Jan 20171,63177449.413.42$83,234
Dec 20161,26076648.763.72$64,289
Nov 201690262942.492.64$39,989
Oct 20161,44793046.193.09$69,711
Sep 20161,45061241.553.10$62,145
Aug 20161,43190141.442.92$61,935
Jul 20161,08380541.622.92$47,429
Jun 201671957445.352.69$34,148
May 201672147842.521.99$31,609
Apr 201654146436.561.99$20,703
Mar 201672044633.011.79$24,567
Feb 201654044426.472.06$15,210
Jan 201687342427.352.36$24,879
Dec 201567624632.362.00$22,368
Nov 201536344238.792.17$15,039
Oct 201572017643.552.43$31,783
Sep 201572244242.992.76$32,258
Aug 201572232440.162.87$29,926
Jul 201571549848.152.95$35,894
Jun 201568642956.152.88$39,756
May 2015536055.212.96$29,593
Apr 201573342249.822.71$37,660
Mar 201591029742.892.93$39,902
Feb 201554225344.662.98$24,959
Jan 201587125743.433.10$38,624
Dec 201454527354.693.59$30,786
Nov 201490523470.464.25$64,761
Oct 201453824178.303.90$43,066
Sep 201471033286.164.05$62,517
Aug 201490448789.394.04$82,774
Jul 201492151796.564.18$91,093
Jun 201471844598.164.74$72,587
May 201436537594.734.73$36,349
Apr 201435721495.944.81$35,280
Mar 201417926695.895.06$18,509
Feb 201435719597.406.19$35,979
Jan 201417922490.404.86$17,270
Dec 201335918491.824.35$33,765
Nov 201335922688.853.74$32,742
Oct 201350026897.423.78$49,723
Sep 2013172128104.113.72$18,383
Aug 2013522305104.253.52$55,493
Jul 2013175298102.523.72$19,049
Jun 201334624694.403.93$33,630
May 201354127294.834.15$52,432
Apr 201318423793.964.28$18,304
Mar 201317922093.623.91$17,619
Feb 201318418391.233.42$17,412
Jan 201318413791.603.42$17,323
Dec 201218714386.773.42$16,715
Nov 201236417486.953.62$32,281
Oct 201218323089.383.40$17,138
Sep 201236917494.672.92$35,441
Aug 201217618292.662.91$16,837
Jul 201218317985.133.02$16,120
Jun 201218115779.822.52$14,843
May 201235618891.612.49$33,081
Apr 2012183166101.652.00$18,933
Mar 2012367193105.052.22$38,982
Feb 20120142101.102.57$365
Jan 201236622598.092.73$36,516
Dec 201117515696.873.24$17,458
Nov 201118116295.723.31$17,862
Oct 201137515784.983.65$32,440
Sep 201118216983.623.99$15,892
Aug 201118119083.404.15$15,884
Jul 201136619194.144.52$35,318
Jun 201118118992.904.64$17,692
May 201136419498.134.40$36,574
Apr 2011190110105.964.33$20,609
Mar 201118818096.364.06$18,846
Feb 201117314185.644.18$15,405
Jan 201118116486.504.59$16,409
Dec 201018517185.734.35$16,604
Nov 201034417480.843.80$28,469
Oct 201035019078.103.51$28,002
Sep 201017014572.633.98$12,924
Aug 201017920073.684.42$14,073
Jul 201018220072.554.74$14,151
Jun 201032219870.364.91$23,628
May 201036220071.124.24$26,592
Apr 20101798281.694.12$14,961
Mar 20103628478.394.39$28,746
Feb 201018210773.585.44$13,974
Jan 201018311974.365.96$14,318
Dec 200936512571.445.48$26,761
Nov 200918411974.593.75$14,171
Oct 200936315472.544.11$26,965
Sep 200935915565.543.06$24,004
Aug 200918318867.423.22$12,943
Jul 200934217961.133.46$21,527
Jun 200936025466.163.90$24,807
May 200936716554.743.93$20,737
Apr 200936818846.773.59$17,886
Mar 2009013642.144.06$552
Feb 200953014432.814.63$18,056
Jan 200936417835.865.37$14,009
Dec 2008017837.105.98$1,064
Nov 200836811055.496.86$21,175
Oct 2008013475.246.92$928
Sep 2008074101.767.88$583
Aug 2008365166114.228.48$43,098
Jul 2008367158131.0811.39$49,906
Jun 2008183132131.3313.03$25,754
May 200853842123.1711.57$66,752
Apr 200806110.3110.45$63
Mar 200800101.909.66$0
Feb 20080492.538.77$35
Jan 2008711490.388.21$64,293
Dec 20070488.337.30$29
Nov 20071795891.677.29$16,832
Oct 200701882.856.92$125
Sep 2007356275.846.24$27,012
Aug 2007013869.066.39$882
Jul 200754218070.906.39$39,578
Jun 200718617062.007.55$12,815
May 2007021658.747.85$1,695
Apr 200718412059.617.81$11,905
Mar 200735911056.927.30$21,238
Feb 200717711255.108.22$10,673
Jan 20071819450.306.73$9,737
Dec 200617921056.656.92$11,593
Nov 20063628654.207.62$20,276
Oct 200654714254.906.01$30,884
Sep 2006012260.085.04$615
Aug 200616117268.717.34$12,325
Jul 200636419269.376.34$26,468
Jun 20061807266.286.38$12,390
May 20061817266.016.42$12,410
Apr 200617916064.397.36$12,703
Mar 200636718856.707.08$22,140
Feb 200636320257.597.75$22,471
Jan 200617617060.598.93$12,183
Dec 20053729654.9413.42$21,726
Nov 200518111654.6910.59$11,127
Oct 20055564758.3413.80$33,085
Sep 200501661.4512.08$193
Aug 200536010561.519.80$23,172
Jul 200535413055.697.84$20,734
Jun 200508152.337.38$598
May 200536315945.226.65$17,472
Apr 200537022549.207.36$19,860
Mar 200535922150.377.15$19,664
Feb 200535919845.226.31$17,484
Jan 20051858943.166.32$8,547
Dec 200455311439.866.75$22,812
Nov 200434516245.286.33$16,647
Oct 200436019349.706.52$19,149
Sep 2004015043.245.28$793
Aug 200454122742.375.55$24,182
Jul 200435723438.286.08$15,090
Jun 200433613036.106.43$12,966
May 200453319237.486.49$21,224
Apr 2004016134.475.86$943
Mar 200434813834.365.53$12,720
Feb 200437119332.455.51$13,102
Jan 200437322932.036.30$13,390
Dec 200306530.266.30$410
Nov 200374021428.804.60$22,295
Oct 200337524628.174.76$11,735
Sep 200336925726.314.75$10,929
Aug 200303429.765.13$174
Jul 2003022029.415.17$1,138
Jun 200374725028.565.98$22,830
May 200318321526.595.97$6,150
Apr 200337717526.675.41$11,001
Mar 200335716531.146.10$12,123
Feb 200319111733.487.93$7,322
Jan 200356718730.315.58$18,230
Dec 200218120926.914.85$5,885
Nov 200238923824.664.14$10,577
Oct 200255127326.464.23$15,734
Sep 200238231927.443.64$11,642
Aug 200254334025.963.16$15,172
Jul 200256250324.583.06$15,354
Jun 200273952323.733.34$19,282
May 20021,11044824.663.58$28,978
Apr 200238136523.653.51$10,293
Mar 200236732422.003.10$9,079
Feb 200291333918.222.38$17,440
Jan 2002027917.172.38$663
Dec 200176041716.932.36$13,853
Nov 200192741218.072.41$17,742
Oct 200137944119.782.53$8,612
Sep 20011,14149224.262.25$28,788
Aug 200193642824.873.05$24,585
Jul 200138554123.933.20$10,943
Jun 200191654224.563.82$24,570
May 2001034525.524.31$1,486
Apr 20011,14548424.685.34$30,841
Mar 200175365924.545.38$22,022
Feb 200158451827.755.77$19,193
Jan 200187531627.478.40$26,690
Dec 200019322926.889.12$7,277
Nov 200057226532.215.66$19,923
Oct 200057033431.235.15$19,520
Sep 200058439731.875.19$20,671
Aug 200056636629.644.54$18,438
Jul 200037327828.534.09$11,779
Jun 200056729429.304.40$17,906
May 200057725127.263.68$16,653
Apr 200037732524.513.12$10,253
Mar 200038035328.422.86$11,809
Feb 200037531827.622.73$11,225
Jan 200089128325.272.48$23,218
Dec 199919129724.282.42$5,357
Nov 199972832823.192.43$17,681
Oct 199939835220.982.80$9,337
Sep 199955636921.752.62$13,059
Aug 199976741519.262.88$15,966
Jul 199937839017.892.37$7,688
Jun 199956440515.942.36$9,947
May 199939135915.792.32$7,007
Apr 199951937315.102.21$8,661
Mar 19991,59122212.471.84$20,248
Feb 19995423029.981.82$5,958
Jan 199956233410.381.90$6,468
Dec 199802959.201.77$523
Nov 199858032910.892.19$7,035
Oct 1998035912.421.97$707
Sep 199858338212.592.08$8,136
Aug 199854137711.301.91$6,832
Jul 199837538711.742.24$5,268
Jun 199855636711.242.24$7,071
May 199857237512.622.21$8,046
Apr 199876333913.042.51$10,799
Mar 199876933412.802.31$10,615
Feb 199875923913.952.30$11,138
Jan 199879140714.702.15$12,505
Dec 199757666916.322.41$11,013
Nov 199779362818.193.09$16,364
Oct 19971,18954319.253.15$24,599
Sep 199782154217.742.95$16,166
Aug 19971,12695517.862.55$22,550
Jul 19971,5761,03417.582.25$30,029
Jun 199737644817.242.26$7,493
May 199739948818.972.31$8,696
Apr 19971,16746617.882.08$21,837
Mar 199777752218.951.94$15,736
Feb 199739750320.492.21$9,244
Jan 199776645723.483.54$19,603
Dec 19962617723.32$606
Nov 199639113721.97$8,590
Oct 1996214723.31$47
Sep 199635014722.22$7,777
Aug 1996015420.26$0
Jul 199638116419.55$7,449
Jun 19961879818.73$3,503
May 199619610219.43$3,808
Apr 199633911721.51$7,292
Mar 199637111219.38$7,190
Feb 199620119216.98$3,413
Jan 199671629417.07$12,222
Dec 1995032317.19$0
Nov 19959712916.00$1,552
Oct 199522514515.43$3,472
Sep 199563338616.18$10,242
Aug 199523533615.92$3,741
Jul 199550220215.24$7,650
Jun 199524133416.41$3,955
May 199569934517.56$12,274
Apr 199579038217.73$14,007
Mar 199568842716.44$11,311
Feb 199573145416.58$12,120
Jan 199588556215.92$14,089
Dec 199475849315.03$11,393
Nov 199466142715.90$10,510
Oct 199476372915.58$11,888
Sep 199475781715.29$11,575
Aug 19941,00394716.13$16,178
Jul 199493559917.56$16,419
Jun 199485453517.09$14,595
May 199465022315.88$10,322
Apr 19941,15362214.14$16,303
Mar 19941,45278312.46$18,092
Feb 19941,38270812.50$17,275
Jan 19941,39077912.66$17,597
Dec 19932,0271,18312.33$24,993
Nov 19932,9242,04814.49$42,369
Oct 19934,6692,24715.85$74,004
Sep 19939831,77015.03$14,774

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.

May 2026 — as filed, then multipliedworked
Oil                1,742 bbl  × $106.41 =   $185,366
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                 $185,366

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/33968 is the state's own key, not one this site invented.