POWELL "15B"

Operated by VANGUARD OPERATING, LLC (P-5 881585) 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 34266District 08Field 19235700Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$5.7 M
Sep 1994 – Jan 2017
Value, last 12 filed months
$4 k
at the published price for each month
Months reported
269
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

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
OilDisposition298,642 bbl$5,233,461
Casinghead gasProduction451,735 Mcf$495,611
Total$5,729,072

266,881 Mcf of this lease's gas, across 28 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 31.9339, -101.6418. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.93389, -101.64181 · 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
8,136 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 8,136 ft.

Completions filed
Sep 1994
1 of 1 wells

1 well

42-1733245433D8,136 ftSep 1994Yes

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 (269)

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

269 months

Jan 2017015249.413.42$520
Dec 2016046248.763.72$1,720
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 201604641.442.92$135
Jul 201604641.622.92$135
Jun 201607145.352.69$191
May 2016016842.521.99$334
Apr 2016012836.561.99$255
Mar 2016017333.011.79$310
Feb 2016019426.472.06$400
Jan 2016020327.352.36$480
Dec 2015019632.362.00$392
Nov 2015025338.792.17$548
Oct 2015018743.552.43$454
Sep 2015033242.992.76$916
Aug 20150040.162.87$0
Jul 2015068648.152.95$2,020
Jun 201501,54656.152.88$4,457
May 2015047055.212.96$1,389
Apr 20150149.822.71$3
Mar 2015036542.892.93$1,071
Feb 2015045744.662.98$1,360
Jan 2015033843.433.10$1,048
Dec 201401,08754.693.59$3,904
Nov 2014047670.464.25$2,024
Oct 201401,35678.303.90$5,290
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 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
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 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 2002213026.914.85$5,732
Nov 2002015524.664.14$641
Oct 2002030426.464.23$1,286
Sep 2002014027.443.64$509
Aug 200205425.963.16$171
Jul 200224033924.583.06$6,937
Jun 200223030023.733.34$6,459
May 200229629324.663.58$8,349
Apr 200235333223.653.51$9,515
Mar 200233432822.003.10$8,366
Feb 200226235018.222.38$5,605
Jan 200238944017.172.38$7,724
Dec 200147045216.932.36$9,026
Nov 200146939518.072.41$9,425
Oct 200146839019.782.53$10,243
Sep 200141440924.262.25$10,964
Aug 200139358124.873.05$11,548
Jul 200163373723.933.20$17,504
Jun 200180078124.563.82$22,635
May 200146678925.524.31$15,291
Apr 200188491124.685.34$26,678
Mar 200138880124.545.38$13,828
Feb 200164593427.755.77$23,285
Jan 20018771,25527.478.40$34,632
Dec 20007931,17026.889.12$31,989
Nov 200046270032.215.66$18,842
Oct 200089689531.235.15$32,587
Sep 20009381,00831.875.19$35,122
Aug 200068586829.644.54$24,245
Jul 20001,1451,00128.534.09$36,761
Jun 20001,1641,12829.304.40$39,065
May 20002641,19927.263.68$11,609
Apr 200001,26024.513.12$3,926
Mar 200001,31228.422.86$3,752
Feb 20003531,35527.622.73$13,444
Jan 20007231,63825.272.48$22,333
Dec 19996461,79424.282.42$20,033
Nov 19994541,93023.192.43$15,226
Oct 19994683,06420.982.80$18,409
Sep 19997831,70921.752.62$21,506
Aug 19991,0372,00219.262.88$25,730
Jul 19991,0662,00017.892.37$23,815
Jun 19991,2091,89515.942.36$23,748
May 19991,2142,17515.792.32$24,217
Apr 19991,1552,10415.102.21$22,086
Mar 19991,4102,49912.471.84$22,177
Feb 19991,2142,4569.981.82$16,580
Jan 19991,2752,84110.381.90$18,632
Dec 19981,2522,8259.201.77$16,528
Nov 19981,0942,96410.892.19$18,392
Oct 19981,1973,19912.421.97$21,166
Sep 19981,2254,11312.592.08$23,989
Aug 19981,2664,46211.301.91$22,816
Jul 19981,2944,23411.742.24$24,664
Jun 19981,3904,65311.242.24$26,034
May 19981,3174,71412.622.21$27,021
Apr 19981,5265,14813.042.51$32,796
Mar 19981,6214,72412.802.31$31,659
Feb 19981,2283,55013.952.30$25,293
Jan 19981,3423,84214.702.15$28,006
Dec 19971,5384,27616.322.41$35,410
Nov 19971,7385,01418.193.09$47,099
Oct 19971,6185,81319.253.15$49,456
Sep 19971,7865,13817.742.95$46,866
Aug 19971,8076,02717.862.55$47,670
Jul 19971,6896,06317.582.25$43,316
Jun 19971,9766,98917.242.26$49,842
May 19971,8286,11518.972.31$48,794
Apr 19972,1627,91317.882.08$55,138
Mar 19972,6167,40818.951.94$63,938
Feb 19971,9156,31920.492.21$53,177
Jan 19972,6658,48523.483.54$92,609
Dec 19962,5376,98323.32$59,163
Nov 19963,1369,34321.97$68,898
Oct 19963,7109,46423.31$86,480
Sep 19964,1558,65922.22$92,324
Aug 19963,4727,34120.26$70,343
Jul 19965,37815,52619.55$105,140
Jun 19965,33012,76218.73$99,831
May 19966,84816,88019.43$133,057
Apr 19968,20322,27221.51$176,447
Mar 19967,32312,28519.38$141,920
Feb 19969,80913,18816.98$166,557
Jan 199611,51214,17417.07$196,510
Dec 199510,5996,50717.19$182,197
Nov 19959,7216,05116.00$155,536
Oct 199510,4506,55415.43$161,244
Sep 19959,7486,41216.18$157,723
Aug 19959,2646,25315.92$147,483
Jul 19959,9136,85015.24$151,074
Jun 19959,4917,03916.41$155,747
May 199510,6757,53017.56$187,453
Apr 19959,6537,48917.73$171,148
Mar 19959,8267,42516.44$161,539
Feb 19959,6258,97316.58$159,583
Jan 199511,4829,56115.92$182,793
Dec 199411,1299,10115.03$167,269
Nov 199411,5869,47515.90$184,217
Oct 199411,8529,97815.58$184,654
Sep 19944,5472,80615.29$69,524

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.

Jan 2017 — as filed, then multipliedworked
Oil                    0 bbl  × $ 49.41 =         $0
Casinghead gas       152 Mcf  × $  3.42 =       $520

────────────────────────────────────────────────────
Month total                                     $520

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/34266 is the state's own key, not one this site invented.