POWELL

Name: POWELL lease production and value, Aug 1994 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by FED OPERATING LLC (P-5 264211) 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 34242District 08Field 19235700Hydrogen sulphide fieldOilCasinghead gasSave Export

Value, all time

$5.5 M

Aug 1994 – Jan 2020

Value, last 12 filed months

$165 k

at the published price for each month

Months reported

306

no gaps in the span

Streams

oil, casinghead gas

The COBRA (WOLFCAMP) field

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”

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.

Stream	Basis	Volume	Value
Oil	Disposition	104,642 bbl	$4,591,415
Casinghead gas	Production	239,960 Mcf	$951,134
Total			$5,542,550

15,720 Mcf of this lease's gas, across 29 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 31.9423, -101.6244. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

31.94227, -101.62440 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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%

2 of 2 wells

With a plug date

0.0%

0 of 2 wells

Median depth

8,038 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

2100.0%

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

Between 8,035 and 8,040 ft, median 8,038 ft, over the 2 wells that filed a depth.

Completions filed

Aug 1994 – Apr 2013

2 of 2 wells

2 wells


42-17335636	5	8,040 ft	Apr 2013	—	Yes
42-17332449	3	8,035 ft	Aug 1994	—	Yes

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 (306)

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

306 months


Jan 2020	0	0	57.25	2.09	$0
Dec 2019	0	0	59.01	2.30	$0
Nov 2019	0	0	55.30	2.75	$0
Oct 2019	0	0	53.47	2.42	$0
Sep 2019	0	0	55.05	2.66	$0
Aug 2019	611	927	53.11	2.30	$34,586
Jul 2019	0	0	56.27	2.46	$0
Jun 2019	534	1,106	52.78	2.49	$30,940
May 2019	368	973	58.48	2.74	$24,187
Apr 2019	538	907	62.63	2.75	$36,190
Mar 2019	531	1,042	56.80	3.06	$33,352
Feb 2019	0	2,212	50.85	2.79	$6,176
Jan 2019	0	1,198	46.03	3.23	$3,867
Dec 2018	188	345	46.59	4.19	$10,203
Nov 2018	383	425	52.93	4.24	$22,073
Oct 2018	367	718	61.44	3.40	$24,988
Sep 2018	169	930	59.54	3.11	$12,953
Aug 2018	192	1,195	59.40	3.07	$15,069
Jul 2018	361	934	65.14	2.93	$26,254
Jun 2018	342	1,074	60.18	3.08	$23,886
May 2018	539	1,144	65.38	2.90	$38,558
Apr 2018	354	1,130	63.84	2.90	$25,877
Mar 2018	359	1,411	61.22	2.79	$25,910
Feb 2018	380	1,197	61.78	2.77	$26,787
Jan 2018	186	928	62.87	4.01	$15,414
Dec 2017	347	992	57.27	2.92	$22,771
Nov 2017	377	1,267	55.42	3.12	$24,844
Oct 2017	358	1,413	49.29	2.98	$21,862
Sep 2017	537	1,624	47.52	3.09	$30,532
Aug 2017	358	1,667	45.37	3.00	$21,251
Jul 2017	708	1,915	43.87	3.09	$36,972
Jun 2017	532	1,872	42.49	3.09	$28,384
May 2017	719	1,972	45.37	3.26	$39,056
Apr 2017	544	1,677	47.93	3.21	$31,460
Mar 2017	345	1,144	46.77	2.98	$19,549
Feb 2017	359	1,334	50.45	2.95	$22,050
Jan 2017	364	1,324	49.41	3.42	$22,512
Dec 2016	688	1,582	48.76	3.72	$39,436
Nov 2016	531	1,654	42.49	2.64	$26,936
Oct 2016	531	697	46.19	3.09	$26,681
Sep 2016	525	1,447	41.55	3.10	$26,300
Aug 2016	534	1,676	41.44	2.92	$27,030
Jul 2016	711	1,760	41.62	2.92	$34,739
Jun 2016	524	1,646	45.35	2.69	$28,184
May 2016	351	1,622	42.52	1.99	$18,154
Apr 2016	870	1,844	36.56	1.99	$35,479
Mar 2016	687	1,914	33.01	1.79	$26,112
Feb 2016	868	1,883	26.47	2.06	$26,862
Jan 2016	708	1,431	27.35	2.36	$22,747
Dec 2015	181	1,920	32.36	2.00	$9,700
Nov 2015	549	1,589	38.79	2.17	$24,740
Oct 2015	359	1,350	43.55	2.43	$18,910
Sep 2015	347	370	42.99	2.76	$15,938
Aug 2015	354	1,478	40.16	2.87	$18,462
Jul 2015	716	1,941	48.15	2.95	$40,192
Jun 2015	905	1,874	56.15	2.88	$56,218
May 2015	727	1,988	55.21	2.96	$46,013
Apr 2015	534	2,776	49.82	2.71	$34,117
Mar 2015	1,065	3,022	42.89	2.93	$54,547
Feb 2015	708	2,048	44.66	2.98	$37,715
Jan 2015	699	2,305	43.43	3.10	$37,505
Dec 2014	1,038	2,467	54.69	3.59	$65,628
Nov 2014	880	2,489	70.46	4.25	$72,588
Oct 2014	1,054	2,760	78.30	3.90	$93,295
Sep 2014	356	2,382	86.16	4.05	$40,309
Aug 2014	1,033	3,341	89.39	4.04	$105,821
Jul 2014	526	3,270	96.56	4.18	$64,458
Jun 2014	1,067	4,588	98.16	4.74	$126,470
May 2014	1,093	5,489	94.73	4.73	$129,484
Apr 2014	355	4,899	95.94	4.81	$57,619
Mar 2014	561	4,828	95.89	5.06	$78,209
Feb 2014	917	6,154	97.40	6.19	$127,421
Jan 2014	1,102	6,169	90.40	4.86	$129,607
Dec 2013	1,310	3,502	91.82	4.35	$135,534
Nov 2013	1,100	538	88.85	3.74	$99,746
Oct 2013	541	2,608	97.42	3.78	$62,561
Sep 2013	887	3,245	104.11	3.72	$104,410
Aug 2013	921	2,567	104.25	3.52	$105,057
Jul 2013	1,081	2,758	102.52	3.72	$121,078
Jun 2013	560	3,447	94.40	3.93	$66,422
May 2013	183	1,644	94.83	4.15	$24,175
Apr 2013	0	73	93.96	4.28	$313
Mar 2013	0	22	93.62	3.91	$86
Feb 2013	0	79	91.23	3.42	$270
Jan 2013	168	41	91.60	3.42	$15,529
Dec 2012	0	34	86.77	3.42	$116
Nov 2012	0	53	86.95	3.62	$192
Oct 2012	2	59	89.38	3.40	$379
Sep 2012	0	95	94.67	2.92	$277
Aug 2012	172	133	92.66	2.91	$16,324
Jul 2012	0	89	85.13	3.02	$269
Jun 2012	0	144	79.82	2.52	$363
May 2012	0	155	91.61	2.49	$386
Apr 2012	176	171	101.65	2.00	$18,232
Mar 2012	0	180	105.05	2.22	$400
Feb 2012	0	160	101.10	2.57	$411
Jan 2012	0	154	98.09	2.73	$421
Dec 2011	178	165	96.87	3.24	$17,777
Nov 2011	0	226	95.72	3.31	$748
Oct 2011	0	320	84.98	3.65	$1,168
Sep 2011	0	174	83.62	3.99	$694
Aug 2011	3	273	83.40	4.15	$1,383
Jul 2011	169	184	94.14	4.52	$16,741
Jun 2011	0	378	92.90	4.64	$1,754
May 2011	0	390	98.13	4.40	$1,718
Apr 2011	0	357	105.96	4.33	$1,547
Mar 2011	181	419	96.36	4.06	$19,141
Feb 2011	2	327	85.64	4.18	$1,538
Jan 2011	0	420	86.50	4.59	$1,927
Dec 2010	180	421	85.73	4.35	$17,262
Nov 2010	0	277	80.84	3.80	$1,051
Oct 2010	0	489	78.10	3.51	$1,716
Sep 2010	178	465	72.63	3.98	$14,779
Aug 2010	0	493	73.68	4.42	$2,179
Jul 2010	0	407	72.55	4.74	$1,928
Jun 2010	180	500	70.36	4.91	$15,120
May 2010	0	500	71.12	4.24	$2,118
Apr 2010	0	411	81.69	4.12	$1,694
Mar 2010	188	511	78.39	4.39	$16,980
Feb 2010	0	437	73.58	5.44	$2,378
Jan 2010	186	362	74.36	5.96	$15,990
Dec 2009	0	488	71.44	5.48	$2,676
Nov 2009	181	521	74.59	3.75	$15,455
Oct 2009	0	569	72.54	4.11	$2,339
Sep 2009	0	496	65.54	3.06	$1,520
Aug 2009	144	629	67.42	3.22	$11,733
Jul 2009	164	585	61.13	3.46	$12,052
Jun 2009	2	541	66.16	3.90	$2,240
May 2009	0	577	54.74	3.93	$2,265
Apr 2009	223	561	46.77	3.59	$12,442
Mar 2009	185	610	42.14	4.06	$10,272
Feb 2009	187	603	32.81	4.63	$8,929
Jan 2009	0	617	35.86	5.37	$3,314
Dec 2008	0	671	37.10	5.98	$4,011
Nov 2008	169	707	55.49	6.86	$14,228
Oct 2008	120	796	75.24	6.92	$14,539
Sep 2008	0	605	101.76	7.88	$4,766
Aug 2008	176	864	114.22	8.48	$27,432
Jul 2008	0	877	131.08	11.39	$9,989
Jun 2008	149	906	131.33	13.03	$31,376
May 2008	177	842	123.17	11.57	$31,547
Apr 2008	142	678	110.31	10.45	$22,752
Mar 2008	188	605	101.90	9.66	$25,004
Feb 2008	0	606	92.53	8.77	$5,315
Jan 2008	343	560	90.38	8.21	$35,596
Dec 2007	0	403	88.33	7.30	$2,943
Nov 2007	179	646	91.67	7.29	$21,119
Oct 2007	180	684	82.85	6.92	$19,648
Sep 2007	0	555	75.84	6.24	$3,466
Aug 2007	304	629	69.06	6.39	$25,012
Jul 2007	0	613	70.90	6.39	$3,916
Jun 2007	176	522	62.00	7.55	$14,852
May 2007	0	698	58.74	7.85	$5,477
Apr 2007	292	659	59.61	7.81	$22,550
Mar 2007	189	719	56.92	7.30	$16,008
Feb 2007	0	580	55.10	8.22	$4,765
Jan 2007	367	647	50.30	6.73	$22,812
Dec 2006	365	623	56.65	6.92	$24,987
Nov 2006	0	529	54.20	7.62	$4,030
Oct 2006	0	595	54.90	6.01	$3,578
Sep 2006	184	552	60.08	5.04	$13,835
Aug 2006	0	577	68.71	7.34	$4,235
Jul 2006	349	743	69.37	6.34	$28,923
Jun 2006	180	509	66.28	6.38	$15,180
May 2006	180	453	66.01	6.42	$14,792
Apr 2006	183	543	64.39	7.36	$15,780
Mar 2006	362	428	56.70	7.08	$23,557
Feb 2006	0	563	57.59	7.75	$4,364
Jan 2006	183	539	60.59	8.93	$15,903
Dec 2005	179	386	54.94	13.42	$15,013
Nov 2005	182	512	54.69	10.59	$15,375
Oct 2005	358	422	58.34	13.80	$26,708
Sep 2005	362	498	61.45	12.08	$28,260
Aug 2005	0	11	61.51	9.80	$108
Jul 2005	181	501	55.69	7.84	$14,010
Jun 2005	181	496	52.33	7.38	$13,133
May 2005	309	257	45.22	6.65	$15,682
Apr 2005	364	641	49.20	7.36	$22,627
Mar 2005	0	383	50.37	7.15	$2,740
Feb 2005	367	373	45.22	6.31	$18,950
Jan 2005	184	414	43.16	6.32	$10,559
Dec 2004	370	615	39.86	6.75	$18,900
Nov 2004	183	210	45.28	6.33	$9,616
Oct 2004	356	321	49.70	6.52	$19,785
Sep 2004	360	365	43.24	5.28	$17,495
Aug 2004	0	298	42.37	5.55	$1,654
Jul 2004	543	479	38.28	6.08	$23,700
Jun 2004	0	182	36.10	6.43	$1,171
May 2004	340	273	37.48	6.49	$14,516
Apr 2004	547	494	34.47	5.86	$21,749
Mar 2004	0	263	34.36	5.53	$1,454
Feb 2004	370	369	32.45	5.51	$14,040
Jan 2004	371	416	32.03	6.30	$14,504
Dec 2003	183	275	30.26	6.30	$7,271
Nov 2003	368	367	28.80	4.60	$12,285
Oct 2003	184	361	28.17	4.76	$6,902
Sep 2003	361	383	26.31	4.75	$11,317
Aug 2003	359	430	29.76	5.13	$12,890
Jul 2003	363	385	29.41	5.17	$12,667
Jun 2003	361	343	28.56	5.98	$12,362
May 2003	365	354	26.59	5.97	$11,820
Apr 2003	184	358	26.67	5.41	$6,843
Mar 2003	362	354	31.14	6.10	$13,431
Feb 2003	553	551	33.48	7.93	$22,882
Jan 2003	182	46	30.31	5.58	$5,773
Dec 2002	370	314	26.91	4.85	$11,481
Nov 2002	350	459	24.66	4.14	$10,530
Oct 2002	193	186	26.46	4.23	$5,893
Sep 2002	369	297	27.44	3.64	$11,205
Aug 2002	190	360	25.96	3.16	$6,072
Jul 2002	354	403	24.58	3.06	$9,935
Jun 2002	548	211	23.73	3.34	$13,708
May 2002	357	418	24.66	3.58	$10,302
Apr 2002	180	79	23.65	3.51	$4,534
Mar 2002	361	357	22.00	3.10	$9,050
Feb 2002	375	250	18.22	2.38	$7,426
Jan 2002	550	408	17.17	2.38	$10,413
Dec 2001	188	261	16.93	2.36	$3,800
Nov 2001	367	275	18.07	2.41	$7,293
Oct 2001	538	604	19.78	2.53	$12,169
Sep 2001	181	286	24.26	2.25	$5,035
Aug 2001	366	229	24.87	3.05	$9,802
Jul 2001	351	23	23.93	3.20	$8,473
Jun 2001	364	435	24.56	3.82	$10,603
May 2001	181	223	25.52	4.31	$5,580
Apr 2001	184	367	24.68	5.34	$6,499
Mar 2001	739	338	24.54	5.38	$19,952
Feb 2001	0	114	27.75	5.77	$657
Jan 2001	363	346	27.47	8.40	$12,878
Dec 2000	371	331	26.88	9.12	$12,992
Nov 2000	370	239	32.21	5.66	$13,270
Oct 2000	732	424	31.23	5.15	$25,042
Sep 2000	1	302	31.87	5.19	$1,598
Aug 2000	324	248	29.64	4.54	$10,729
Jul 2000	715	391	28.53	4.09	$21,998
Jun 2000	0	283	29.30	4.40	$1,244
May 2000	708	400	27.26	3.68	$20,772
Apr 2000	360	357	24.51	3.12	$9,936
Mar 2000	368	264	28.42	2.86	$11,214
Feb 2000	168	325	27.62	2.73	$5,526
Jan 2000	722	393	25.27	2.48	$19,220
Dec 1999	0	230	24.28	2.42	$557
Nov 1999	567	517	23.19	2.43	$14,407
Oct 1999	0	53	20.98	2.80	$149
Sep 1999	670	464	21.75	2.62	$15,788
Aug 1999	531	518	19.26	2.88	$11,717
Jul 1999	363	28	17.89	2.37	$6,561
Jun 1999	357	139	15.94	2.36	$6,019
May 1999	367	289	15.79	2.32	$6,466
Apr 1999	362	641	15.10	2.21	$6,882
Mar 1999	360	189	12.47	1.84	$4,837
Feb 1999	365	46	9.98	1.82	$3,726
Jan 1999	366	156	10.38	1.90	$4,095
Dec 1998	63	232	9.20	1.77	$991
Nov 1998	709	215	10.89	2.19	$8,191
Oct 1998	1	155	12.42	1.97	$318
Sep 1998	720	490	12.59	2.08	$10,085
Aug 1998	358	16	11.30	1.91	$4,076
Jul 1998	357	242	11.74	2.24	$4,733
Jun 1998	4	173	11.24	2.24	$432
May 1998	530	470	12.62	2.21	$7,726
Apr 1998	348	320	13.04	2.51	$5,340
Mar 1998	351	142	12.80	2.31	$4,821
Feb 1998	361	135	13.95	2.30	$5,346
Jan 1998	714	655	14.70	2.15	$11,907
Dec 1997	173	0	16.32	2.41	$2,823
Nov 1997	365	153	18.19	3.09	$7,112
Oct 1997	369	412	19.25	3.15	$8,401
Sep 1997	186	415	17.74	2.95	$4,526
Aug 1997	524	391	17.86	2.55	$10,358
Jul 1997	550	660	17.58	2.25	$11,152
Jun 1997	183	194	17.24	2.26	$3,593
May 1997	876	657	18.97	2.31	$18,134
Apr 1997	729	465	17.88	2.08	$14,003
Mar 1997	2	266	18.95	1.94	$554
Feb 1997	361	74	20.49	2.21	$7,560
Jan 1997	368	422	23.48	3.54	$10,134
Dec 1996	722	648	23.32	—	$16,837
Nov 1996	153	186	21.97	—	$3,361
Oct 1996	545	494	23.31	—	$12,704
Sep 1996	368	286	22.22	—	$8,177
Aug 1996	721	918	20.26	—	$14,607
Jul 1996	179	9	19.55	—	$3,499
Jun 1996	341	350	18.73	—	$6,387
May 1996	534	444	19.43	—	$10,376
Apr 1996	538	440	21.51	—	$11,572
Mar 1996	547	493	19.38	—	$10,601
Feb 1996	362	442	16.98	—	$6,147
Jan 1996	917	381	17.07	—	$15,653
Dec 1995	182	413	17.19	—	$3,129
Nov 1995	741	602	16.00	—	$11,856
Oct 1995	736	553	15.43	—	$11,356
Sep 1995	366	182	16.18	—	$5,922
Aug 1995	371	494	15.92	—	$5,906
Jul 1995	719	714	15.24	—	$10,958
Jun 1995	740	684	16.41	—	$12,143
May 1995	0	199	17.56	—	$0
Apr 1995	543	275	17.73	—	$9,627
Mar 1995	736	538	16.44	—	$12,100
Feb 1995	734	440	16.58	—	$12,170
Jan 1995	547	480	15.92	—	$8,708
Dec 1994	920	581	15.03	—	$13,828
Nov 1994	1,101	1,041	15.90	—	$17,506
Oct 1994	903	1,970	15.58	—	$14,069
Sep 1994	713	623	15.29	—	$10,902
Aug 1994	990	840	16.13	—	$15,969

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                  611 bbl  × $ 53.11 =    $32,450
Casinghead gas       927 Mcf  × $  2.30 =     $2,136

────────────────────────────────────────────────────
Month total                                  $34,586

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/34242 is the state's own key, not one this site invented.