POWELL "2B"

Name: POWELL "2B" lease production and value, Sep 1996 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by OXY USA INC. (P-5 630591) 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 35043District 08Field 19235700Hydrogen sulphide fieldOilCasinghead gasSave Export

Value, all time

$5.4 M

Sep 1996 – Jul 2019

Value, last 12 filed months

$157

at the published price for each month

Months reported

275

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	139,609 bbl	$4,074,342
Casinghead gas	Production	391,894 Mcf	$1,363,031
Total			$5,437,372

44,237 Mcf of this lease's gas, across 4 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 31.9538, -101.6293. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.95382, -101.62929 · 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%

1 of 1 wells

With a plug date

100.0%

1 of 1 wells

Median depth

7,950 ft

1 wells filed one

Completion to plug

22.5 years

median over 1 well

What the state filed about each well

On the RRC proration schedule

1100.0%

A plug date is filed

1100.0%

BothOn the schedule and plugged. Neither fact cancels the other.

1100.0%

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 7,950 ft.

Completions filed

Sep 1996

1 of 1 wells

Plug dates filed

Mar 2019

1 of 1 wells

Last completion to plug: a median of 22.5 years across the 1 well that filed both dates, with the middle half between 22.5 years and 22.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-17332663	33D	7,950 ft	Sep 1996	Mar 2019	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 (275)

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

275 months


Jul 2019	0	0	56.27	2.46	$0
Jun 2019	0	0	52.78	2.49	$0
May 2019	0	0	58.48	2.74	$0
Apr 2019	0	0	62.63	2.75	$0
Mar 2019	0	0	56.80	3.06	$0
Feb 2019	0	0	50.85	2.79	$0
Jan 2019	0	7	46.03	3.23	$23
Dec 2018	0	19	46.59	4.19	$80
Nov 2018	0	13	52.93	4.24	$55
Oct 2018	0	0	61.44	3.40	$0
Sep 2018	0	0	59.54	3.11	$0
Aug 2018	0	0	59.40	3.07	$0
Jul 2018	0	0	65.14	2.93	$0
Jun 2018	0	2	60.18	3.08	$6
May 2018	0	13	65.38	2.90	$38
Apr 2018	0	19	63.84	2.90	$55
Mar 2018	0	58	61.22	2.79	$162
Feb 2018	0	68	61.78	2.77	$188
Jan 2018	0	212	62.87	4.01	$850
Dec 2017	0	101	57.27	2.92	$295
Nov 2017	0	187	55.42	3.12	$583
Oct 2017	0	297	49.29	2.98	$886
Sep 2017	0	252	47.52	3.09	$778
Aug 2017	0	209	45.37	3.00	$628
Jul 2017	78	64	43.87	3.09	$3,619
Jun 2017	0	156	42.49	3.09	$482
May 2017	0	414	45.37	3.26	$1,351
Apr 2017	0	394	47.93	3.21	$1,265
Mar 2017	177	0	46.77	2.98	$8,278
Feb 2017	0	344	50.45	2.95	$1,016
Jan 2017	178	85	49.41	3.42	$9,086
Dec 2016	180	231	48.76	3.72	$9,637
Nov 2016	0	259	42.49	2.64	$685
Oct 2016	178	513	46.19	3.09	$9,807
Sep 2016	0	741	41.55	3.10	$2,298
Aug 2016	177	572	41.44	2.92	$9,008
Jul 2016	0	160	41.62	2.92	$468
Jun 2016	175	226	45.35	2.69	$8,543
May 2016	0	269	42.52	1.99	$536
Apr 2016	177	230	36.56	1.99	$6,929
Mar 2016	0	353	33.01	1.79	$633
Feb 2016	0	241	26.47	2.06	$497
Jan 2016	0	253	27.35	2.36	$598
Dec 2015	0	361	32.36	2.00	$723
Nov 2015	0	572	38.79	2.17	$1,240
Oct 2015	177	119	43.55	2.43	$7,997
Sep 2015	0	549	42.99	2.76	$1,514
Aug 2015	0	0	40.16	2.87	$0
Jul 2015	0	0	48.15	2.95	$0
Jun 2015	179	0	56.15	2.88	$10,051
May 2015	0	0	55.21	2.96	$0
Apr 2015	0	0	49.82	2.71	$0
Mar 2015	371	0	42.89	2.93	$15,912
Feb 2015	0	0	44.66	2.98	$0
Jan 2015	0	0	43.43	3.10	$0
Dec 2014	0	0	54.69	3.59	$0
Nov 2014	0	0	70.46	4.25	$0
Oct 2014	188	0	78.30	3.90	$14,720
Sep 2014	0	0	86.16	4.05	$0
Aug 2014	184	0	89.39	4.04	$16,448
Jul 2014	0	0	96.56	4.18	$0
Jun 2014	187	0	98.16	4.74	$18,356
May 2014	0	0	94.73	4.73	$0
Apr 2014	173	0	95.94	4.81	$16,598
Mar 2014	0	43	95.89	5.06	$217
Feb 2014	0	389	97.40	6.19	$2,409
Jan 2014	173	279	90.40	4.86	$16,995
Dec 2013	0	59	91.82	4.35	$257
Nov 2013	183	0	88.85	3.74	$16,260
Oct 2013	186	0	97.42	3.78	$18,120
Sep 2013	0	0	104.11	3.72	$0
Aug 2013	368	0	104.25	3.52	$38,364
Jul 2013	0	0	102.52	3.72	$0
Jun 2013	185	0	94.40	3.93	$17,464
May 2013	0	174	94.83	4.15	$722
Apr 2013	0	297	93.96	4.28	$1,272
Mar 2013	362	210	93.62	3.91	$34,712
Feb 2013	0	241	91.23	3.42	$824
Jan 2013	0	295	91.60	3.42	$1,009
Dec 2012	327	60	86.77	3.42	$28,579
Nov 2012	185	159	86.95	3.62	$16,662
Oct 2012	0	204	89.38	3.40	$694
Sep 2012	337	217	94.67	2.92	$32,537
Aug 2012	0	124	92.66	2.91	$361
Jul 2012	0	161	85.13	3.02	$486
Jun 2012	680	217	79.82	2.52	$54,824
May 2012	0	409	91.61	2.49	$1,018
Apr 2012	0	291	101.65	2.00	$581
Mar 2012	0	319	105.05	2.22	$709
Feb 2012	0	339	101.10	2.57	$871
Jan 2012	306	80	98.09	2.73	$30,234
Dec 2011	0	383	96.87	3.24	$1,241
Nov 2011	312	393	95.72	3.31	$31,166
Oct 2011	0	232	84.98	3.65	$846
Sep 2011	0	65	83.62	3.99	$259
Aug 2011	315	215	83.40	4.15	$27,163
Jul 2011	0	449	94.14	4.52	$2,028
Jun 2011	204	421	92.90	4.64	$20,905
May 2011	200	495	98.13	4.40	$21,806
Apr 2011	237	403	105.96	4.33	$26,859
Mar 2011	0	492	96.36	4.06	$1,996
Feb 2011	151	264	85.64	4.18	$14,035
Jan 2011	199	780	86.50	4.59	$20,793
Dec 2010	271	451	85.73	4.35	$25,194
Nov 2010	0	565	80.84	3.80	$2,144
Oct 2010	159	360	78.10	3.51	$13,681
Sep 2010	173	495	72.63	3.98	$14,535
Aug 2010	151	501	73.68	4.42	$13,340
Jul 2010	188	503	72.55	4.74	$16,022
Jun 2010	177	292	70.36	4.91	$13,888
May 2010	135	354	71.12	4.24	$11,100
Apr 2010	189	320	81.69	4.12	$16,759
Mar 2010	208	400	78.39	4.39	$18,061
Feb 2010	193	172	73.58	5.44	$15,137
Jan 2010	245	13	74.36	5.96	$18,296
Dec 2009	222	119	71.44	5.48	$16,512
Nov 2009	207	293	74.59	3.75	$16,539
Oct 2009	135	372	72.54	4.11	$11,322
Sep 2009	206	184	65.54	3.06	$14,065
Aug 2009	201	516	67.42	3.22	$15,212
Jul 2009	202	567	61.13	3.46	$14,313
Jun 2009	207	535	66.16	3.90	$15,779
May 2009	176	294	54.74	3.93	$10,788
Apr 2009	197	492	46.77	3.59	$10,979
Mar 2009	177	573	42.14	4.06	$9,785
Feb 2009	217	520	32.81	4.63	$9,529
Jan 2009	146	527	35.86	5.37	$8,066
Dec 2008	287	547	37.10	5.98	$13,917
Nov 2008	150	559	55.49	6.86	$12,158
Oct 2008	219	567	75.24	6.92	$20,402
Sep 2008	165	465	101.76	7.88	$20,453
Aug 2008	188	655	114.22	8.48	$27,030
Jul 2008	236	655	131.08	11.39	$38,395
Jun 2008	178	600	131.33	13.03	$31,196
May 2008	218	613	123.17	11.57	$33,946
Apr 2008	202	525	110.31	10.45	$27,771
Mar 2008	235	541	101.90	9.66	$29,175
Feb 2008	199	465	92.53	8.77	$22,492
Jan 2008	243	0	90.38	8.21	$21,962
Dec 2007	250	595	88.33	7.30	$26,427
Nov 2007	232	604	91.67	7.29	$25,672
Oct 2007	1	710	82.85	6.92	$4,997
Sep 2007	264	623	75.84	6.24	$23,912
Aug 2007	233	680	69.06	6.39	$20,435
Jul 2007	200	705	70.90	6.39	$18,684
Jun 2007	255	672	62.00	7.55	$20,883
May 2007	213	730	58.74	7.85	$18,239
Apr 2007	259	664	59.61	7.81	$20,622
Mar 2007	280	725	56.92	7.30	$21,232
Feb 2007	246	651	55.10	8.22	$18,903
Jan 2007	247	602	50.30	6.73	$16,474
Dec 2006	245	695	56.65	6.92	$18,688
Nov 2006	269	728	54.20	7.62	$20,125
Oct 2006	241	791	54.90	6.01	$17,988
Sep 2006	280	779	60.08	5.04	$20,746
Aug 2006	245	825	68.71	7.34	$22,889
Jul 2006	277	891	69.37	6.34	$24,867
Jun 2006	252	835	66.28	6.38	$22,033
May 2006	262	865	66.01	6.42	$22,852
Apr 2006	311	841	64.39	7.36	$26,215
Mar 2006	270	846	56.70	7.08	$21,301
Feb 2006	251	731	57.59	7.75	$20,121
Jan 2006	268	914	60.59	8.93	$24,403
Dec 2005	227	816	54.94	13.42	$23,418
Nov 2005	199	808	54.69	10.59	$19,439
Oct 2005	302	944	58.34	13.80	$30,642
Sep 2005	324	843	61.45	12.08	$30,092
Aug 2005	0	996	61.51	9.80	$9,758
Jul 2005	394	1,069	55.69	7.84	$30,327
Jun 2005	228	1,071	52.33	7.38	$19,836
May 2005	260	1,015	45.22	6.65	$18,508
Apr 2005	376	969	49.20	7.36	$25,632
Mar 2005	251	988	50.37	7.15	$19,712
Feb 2005	289	902	45.22	6.31	$18,762
Jan 2005	300	1,011	43.16	6.32	$19,340
Dec 2004	343	1,016	39.86	6.75	$20,531
Nov 2004	304	1,025	45.28	6.33	$20,254
Oct 2004	302	1,110	49.70	6.52	$22,241
Sep 2004	587	1,116	43.24	5.28	$31,279
Aug 2004	271	1,183	42.37	5.55	$18,049
Jul 2004	262	1,295	38.28	6.08	$17,908
Jun 2004	250	1,803	36.10	6.43	$20,624
May 2004	301	1,224	37.48	6.49	$19,231
Apr 2004	393	1,225	34.47	5.86	$20,723
Mar 2004	380	1,267	34.36	5.53	$20,063
Feb 2004	305	1,169	32.45	5.51	$16,338
Jan 2004	403	1,277	32.03	6.30	$20,953
Dec 2003	375	1,329	30.26	6.30	$19,722
Nov 2003	409	1,311	28.80	4.60	$17,803
Oct 2003	417	1,411	28.17	4.76	$18,463
Sep 2003	329	1,494	26.31	4.75	$15,752
Aug 2003	368	1,556	29.76	5.13	$18,934
Jul 2003	583	1,630	29.41	5.17	$25,575
Jun 2003	336	1,603	28.56	5.98	$19,187
May 2003	560	1,671	26.59	5.97	$24,871
Apr 2003	467	1,630	26.67	5.41	$21,269
Mar 2003	481	1,729	31.14	6.10	$25,518
Feb 2003	388	1,397	33.48	7.93	$24,063
Jan 2003	795	1,586	30.31	5.58	$32,950
Dec 2002	0	1,646	26.91	4.85	$7,989
Nov 2002	437	1,583	24.66	4.14	$17,325
Oct 2002	386	1,778	26.46	4.23	$17,733
Sep 2002	386	1,931	27.44	3.64	$17,611
Aug 2002	407	1,965	25.96	3.16	$16,783
Jul 2002	568	2,078	24.58	3.06	$20,324
Jun 2002	544	1,979	23.73	3.34	$19,516
May 2002	667	2,126	24.66	3.58	$24,068
Apr 2002	614	2,182	23.65	3.51	$22,185
Mar 2002	389	2,151	22.00	3.10	$15,232
Feb 2002	647	1,985	18.22	2.38	$16,504
Jan 2002	858	2,312	17.17	2.38	$20,224
Dec 2001	554	2,339	16.93	2.36	$14,910
Nov 2001	406	2,424	18.07	2.41	$13,167
Oct 2001	563	2,412	19.78	2.53	$17,236
Sep 2001	836	2,758	24.26	2.25	$26,491
Aug 2001	451	3,039	24.87	3.05	$20,495
Jul 2001	724	3,144	23.93	3.20	$27,377
Jun 2001	792	3,143	24.56	3.82	$31,471
May 2001	744	3,220	25.52	4.31	$32,856
Apr 2001	804	3,246	24.68	5.34	$37,161
Mar 2001	809	3,135	24.54	5.38	$36,708
Feb 2001	690	3,006	27.75	5.77	$36,483
Jan 2001	897	3,486	27.47	8.40	$53,919
Dec 2000	876	3,903	26.88	9.12	$59,152
Nov 2000	1,074	3,669	32.21	5.66	$55,353
Oct 2000	903	3,791	31.23	5.15	$47,707
Sep 2000	1,047	3,940	31.87	5.19	$53,803
Aug 2000	898	4,163	29.64	4.54	$45,520
Jul 2000	1,091	4,281	28.53	4.09	$48,634
Jun 2000	1,056	4,184	29.30	4.40	$49,339
May 2000	1,356	4,569	27.26	3.68	$53,777
Apr 2000	905	4,334	24.51	3.12	$35,686
Mar 2000	1,264	4,449	28.42	2.86	$48,646
Feb 2000	1,120	4,273	27.62	2.73	$42,585
Jan 2000	1,431	4,694	25.27	2.48	$47,805
Dec 1999	1,236	4,397	24.28	2.42	$40,667
Nov 1999	1,542	5,044	23.19	2.43	$48,036
Oct 1999	1,328	5,547	20.98	2.80	$43,414
Sep 1999	1,538	5,991	21.75	2.62	$49,141
Aug 1999	1,370	6,590	19.26	2.88	$45,336
Jul 1999	1,486	6,450	17.89	2.37	$41,886
Jun 1999	1,401	6,272	15.94	2.36	$37,147
May 1999	1,365	6,152	15.79	2.32	$35,832
Apr 1999	1,479	5,519	15.10	2.21	$34,519
Mar 1999	1,709	5,164	12.47	1.84	$30,804
Feb 1999	1,171	4,276	9.98	1.82	$19,459
Jan 1999	1,660	4,119	10.38	1.90	$25,057
Dec 1998	1,817	3,955	9.20	1.77	$23,730
Nov 1998	1,293	3,470	10.89	2.19	$21,665
Oct 1998	1,848	3,651	12.42	1.97	$30,142
Sep 1998	1,430	3,484	12.59	2.08	$25,260
Aug 1998	1,640	3,553	11.30	1.91	$25,309
Jul 1998	1,616	3,526	11.74	2.24	$26,860
Jun 1998	1,816	3,121	11.24	2.24	$27,394
May 1998	1,978	3,274	12.62	2.21	$32,186
Apr 1998	2,166	2,978	13.04	2.51	$35,706
Mar 1998	1,824	3,039	12.80	2.31	$30,366
Feb 1998	1,833	2,642	13.95	2.30	$31,645
Jan 1998	2,607	2,891	14.70	2.15	$44,552
Dec 1997	2,395	2,794	16.32	2.41	$45,823
Nov 1997	2,035	2,589	18.19	3.09	$45,012
Oct 1997	2,184	2,841	19.25	3.15	$50,991
Sep 1997	2,172	2,671	17.74	2.95	$46,424
Aug 1997	2,509	2,708	17.86	2.55	$51,729
Jul 1997	2,176	2,655	17.58	2.25	$44,220
Jun 1997	2,529	2,024	17.24	2.26	$48,169
May 1997	2,167	1,750	18.97	2.31	$45,148
Apr 1997	2,187	2,165	17.88	2.08	$43,613
Mar 1997	1,807	2,785	18.95	1.94	$39,643
Feb 1997	1,490	4,795	20.49	2.21	$41,107
Jan 1997	2,928	7,934	23.48	3.54	$96,833
Dec 1996	3,079	8,904	23.32	—	$71,802
Nov 1996	3,729	9,439	21.97	—	$81,926
Oct 1996	3,791	18,977	23.31	—	$88,368
Sep 1996	2,883	6,917	22.22	—	$64,060

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 2019 — as filed, then multipliedworked

Oil                    0 bbl  × $ 46.03 =         $0
Casinghead gas         7 Mcf  × $  3.23 =        $23

────────────────────────────────────────────────────
Month total                                      $23

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/35043 is the state's own key, not one this site invented.