POWELL "2"

Name: POWELL "2" lease production and value, Jun 1999 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

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 36019District 08Field 19235700Hydrogen sulphide fieldOilCasinghead gasSave Export

Value, all time

$6.1 M

Jun 1999 – Feb 2018

Value, last 12 filed months

at the published price for each month

Months reported

225

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	136,469 bbl	$3,607,972
Casinghead gas	Production	550,204 Mcf	$2,496,239
Total			$6,104,211

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 31.9670, -101.6316. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.96700, -101.63157 · 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

18.3 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

Jun 1999

1 of 1 wells

Plug dates filed

Oct 2017

1 of 1 wells

Last completion to plug: a median of 18.3 years across the 1 well that filed both dates, with the middle half between 18.3 years and 18.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-17332965	1	7,950 ft	Jun 1999	Oct 2017	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 (225)

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

225 months


Feb 2018	0	0	61.78	2.77	$0
Jan 2018	0	0	62.87	4.01	$0
Dec 2017	0	0	57.27	2.92	$0
Nov 2017	0	0	55.42	3.12	$0
Oct 2017	0	0	49.29	2.98	$0
Sep 2017	0	0	47.52	3.09	$0
Aug 2017	0	0	45.37	3.00	$0
Jul 2017	0	0	43.87	3.09	$0
Jun 2017	0	0	42.49	3.09	$0
May 2017	0	0	45.37	3.26	$0
Apr 2017	0	0	47.93	3.21	$0
Mar 2017	0	0	46.77	2.98	$0
Feb 2017	0	0	50.45	2.95	$0
Jan 2017	0	0	49.41	3.42	$0
Dec 2016	0	0	48.76	3.72	$0
Nov 2016	0	0	42.49	2.64	$0
Oct 2016	0	0	46.19	3.09	$0
Sep 2016	0	0	41.55	3.10	$0
Aug 2016	0	0	41.44	2.92	$0
Jul 2016	0	0	41.62	2.92	$0
Jun 2016	0	0	45.35	2.69	$0
May 2016	0	0	42.52	1.99	$0
Apr 2016	0	0	36.56	1.99	$0
Mar 2016	0	0	33.01	1.79	$0
Feb 2016	0	0	26.47	2.06	$0
Jan 2016	0	0	27.35	2.36	$0
Dec 2015	0	0	32.36	2.00	$0
Nov 2015	0	0	38.79	2.17	$0
Oct 2015	0	0	43.55	2.43	$0
Sep 2015	0	0	42.99	2.76	$0
Aug 2015	0	0	40.16	2.87	$0
Jul 2015	0	0	48.15	2.95	$0
Jun 2015	0	0	56.15	2.88	$0
May 2015	0	0	55.21	2.96	$0
Apr 2015	0	0	49.82	2.71	$0
Mar 2015	0	0	42.89	2.93	$0
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	0	0	78.30	3.90	$0
Sep 2014	0	0	86.16	4.05	$0
Aug 2014	0	0	89.39	4.04	$0
Jul 2014	0	0	96.56	4.18	$0
Jun 2014	0	0	98.16	4.74	$0
May 2014	0	0	94.73	4.73	$0
Apr 2014	179	0	95.94	4.81	$17,173
Mar 2014	0	0	95.89	5.06	$0
Feb 2014	0	0	97.40	6.19	$0
Jan 2014	0	0	90.40	4.86	$0
Dec 2013	188	0	91.82	4.35	$17,262
Nov 2013	0	0	88.85	3.74	$0
Oct 2013	0	0	97.42	3.78	$0
Sep 2013	9	0	104.11	3.72	$937
Aug 2013	11	0	104.25	3.52	$1,147
Jul 2013	15	0	102.52	3.72	$1,538
Jun 2013	0	0	94.40	3.93	$0
May 2013	5	0	94.83	4.15	$474
Apr 2013	0	91	93.96	4.28	$390
Mar 2013	0	36	93.62	3.91	$141
Feb 2013	0	52	91.23	3.42	$178
Jan 2013	0	53	91.60	3.42	$181
Dec 2012	173	42	86.77	3.42	$15,155
Nov 2012	0	182	86.95	3.62	$660
Oct 2012	0	210	89.38	3.40	$714
Sep 2012	175	185	94.67	2.92	$17,107
Aug 2012	0	156	92.66	2.91	$454
Jul 2012	0	107	85.13	3.02	$323
Jun 2012	0	138	79.82	2.52	$348
May 2012	0	160	91.61	2.49	$398
Apr 2012	0	73	101.65	2.00	$146
Mar 2012	0	177	105.05	2.22	$393
Feb 2012	0	146	101.10	2.57	$375
Jan 2012	188	0	98.09	2.73	$18,441
Dec 2011	0	0	96.87	3.24	$0
Nov 2011	0	0	95.72	3.31	$0
Oct 2011	0	0	84.98	3.65	$0
Sep 2011	0	154	83.62	3.99	$614
Aug 2011	176	141	83.40	4.15	$15,263
Jul 2011	0	243	94.14	4.52	$1,098
Jun 2011	0	233	92.90	4.64	$1,081
May 2011	179	264	98.13	4.40	$18,728
Apr 2011	0	196	105.96	4.33	$849
Mar 2011	176	238	96.36	4.06	$17,925
Feb 2011	0	95	85.64	4.18	$397
Jan 2011	0	197	86.50	4.59	$904
Dec 2010	188	221	85.73	4.35	$17,078
Nov 2010	0	238	80.84	3.80	$903
Oct 2010	0	282	78.10	3.51	$990
Sep 2010	156	290	72.63	3.98	$12,484
Aug 2010	0	360	73.68	4.42	$1,591
Jul 2010	0	164	72.55	4.74	$777
Jun 2010	0	96	70.36	4.91	$471
May 2010	0	35	71.12	4.24	$148
Apr 2010	0	93	81.69	4.12	$383
Mar 2010	182	210	78.39	4.39	$15,189
Feb 2010	0	158	73.58	5.44	$860
Jan 2010	0	69	74.36	5.96	$412
Dec 2009	167	161	71.44	5.48	$12,813
Nov 2009	177	211	74.59	3.75	$13,994
Oct 2009	0	244	72.54	4.11	$1,003
Sep 2009	0	221	65.54	3.06	$677
Aug 2009	0	236	67.42	3.22	$760
Jul 2009	179	208	61.13	3.46	$11,663
Jun 2009	0	271	66.16	3.90	$1,056
May 2009	185	167	54.74	3.93	$10,783
Apr 2009	0	238	46.77	3.59	$854
Mar 2009	180	163	42.14	4.06	$8,247
Feb 2009	0	253	32.81	4.63	$1,172
Jan 2009	189	285	35.86	5.37	$8,308
Dec 2008	198	299	37.10	5.98	$9,133
Nov 2008	0	325	55.49	6.86	$2,230
Oct 2008	186	329	75.24	6.92	$16,272
Sep 2008	0	291	101.76	7.88	$2,292
Aug 2008	0	493	114.22	8.48	$4,182
Jul 2008	151	477	131.08	11.39	$25,226
Jun 2008	0	460	131.33	13.03	$5,995
May 2008	187	452	123.17	11.57	$28,264
Apr 2008	0	411	110.31	10.45	$4,297
Mar 2008	158	404	101.90	9.66	$20,004
Feb 2008	173	370	92.53	8.77	$19,253
Jan 2008	163	0	90.38	8.21	$14,732
Dec 2007	196	395	88.33	7.30	$20,197
Nov 2007	0	433	91.67	7.29	$3,157
Oct 2007	0	511	82.85	6.92	$3,537
Sep 2007	191	355	75.84	6.24	$16,702
Aug 2007	180	503	69.06	6.39	$15,644
Jul 2007	180	547	70.90	6.39	$16,256
Jun 2007	0	533	62.00	7.55	$4,023
May 2007	178	542	58.74	7.85	$14,708
Apr 2007	0	525	59.61	7.81	$4,098
Mar 2007	159	559	56.92	7.30	$13,132
Feb 2007	125	469	55.10	8.22	$10,741
Jan 2007	193	439	50.30	6.73	$12,661
Dec 2006	190	528	56.65	6.92	$14,416
Nov 2006	0	560	54.20	7.62	$4,266
Oct 2006	366	644	54.90	6.01	$23,966
Sep 2006	0	699	60.08	5.04	$3,521
Aug 2006	0	752	68.71	7.34	$5,520
Jul 2006	146	774	69.37	6.34	$15,037
Jun 2006	0	701	66.28	6.38	$4,475
May 2006	0	703	66.01	6.42	$4,517
Apr 2006	143	700	64.39	7.36	$14,360
Mar 2006	0	693	56.70	7.08	$4,908
Feb 2006	145	569	57.59	7.75	$12,761
Jan 2006	0	647	60.59	8.93	$5,780
Dec 2005	129	576	54.94	13.42	$14,815
Nov 2005	0	731	54.69	10.59	$7,740
Oct 2005	171	928	58.34	13.80	$22,779
Sep 2005	149	829	61.45	12.08	$19,170
Aug 2005	181	1,034	61.51	9.80	$21,263
Jul 2005	125	1,091	55.69	7.84	$15,519
Jun 2005	0	1,080	52.33	7.38	$7,972
May 2005	151	1,071	45.22	6.65	$13,952
Apr 2005	151	1,025	49.20	7.36	$14,974
Mar 2005	185	1,105	50.37	7.15	$17,225
Feb 2005	183	1,031	45.22	6.31	$14,783
Jan 2005	182	1,188	43.16	6.32	$15,366
Dec 2004	189	1,054	39.86	6.75	$14,649
Nov 2004	184	1,227	45.28	6.33	$16,099
Oct 2004	133	1,057	49.70	6.52	$13,497
Sep 2004	0	1,381	43.24	5.28	$7,297
Aug 2004	183	1,421	42.37	5.55	$15,641
Jul 2004	145	1,501	38.28	6.08	$14,683
Jun 2004	0	1,604	36.10	6.43	$10,319
May 2004	366	1,767	37.48	6.49	$25,194
Apr 2004	180	1,998	34.47	5.86	$17,910
Mar 2004	182	1,765	34.36	5.53	$16,014
Feb 2004	186	1,844	32.45	5.51	$16,195
Jan 2004	368	2,119	32.03	6.30	$25,136
Dec 2003	360	2,320	30.26	6.30	$25,513
Nov 2003	184	2,507	28.80	4.60	$16,819
Oct 2003	184	2,915	28.17	4.76	$19,058
Sep 2003	352	3,108	26.31	4.75	$24,022
Aug 2003	0	3,608	29.76	5.13	$18,508
Jul 2003	180	3,971	29.41	5.17	$25,827
Jun 2003	180	4,536	28.56	5.98	$32,280
May 2003	361	4,993	26.59	5.97	$39,421
Apr 2003	351	4,182	26.67	5.41	$31,974
Mar 2003	179	3,608	31.14	6.10	$27,569
Feb 2003	359	3,227	33.48	7.93	$37,596
Jan 2003	373	3,305	30.31	5.58	$29,754
Dec 2002	369	3,765	26.91	4.85	$28,204
Nov 2002	182	4,142	24.66	4.14	$21,623
Oct 2002	362	4,483	26.46	4.23	$28,538
Sep 2002	358	4,579	27.44	3.64	$26,469
Aug 2002	356	5,202	25.96	3.16	$25,702
Jul 2002	357	5,259	24.58	3.06	$24,877
Jun 2002	357	5,480	23.73	3.34	$26,765
May 2002	539	5,967	24.66	3.58	$34,677
Apr 2002	550	6,099	23.65	3.51	$34,429
Mar 2002	368	7,137	22.00	3.10	$30,240
Feb 2002	546	5,538	18.22	2.38	$23,105
Jan 2002	720	6,240	17.17	2.38	$27,187
Dec 2001	560	6,819	16.93	2.36	$25,604
Nov 2001	570	7,637	18.07	2.41	$28,671
Oct 2001	908	7,862	19.78	2.53	$37,842
Sep 2001	728	7,677	24.26	2.25	$34,945
Aug 2001	726	7,873	24.87	3.05	$42,093
Jul 2001	905	8,256	23.93	3.20	$48,052
Jun 2001	733	8,415	24.56	3.82	$50,183
May 2001	1,258	9,607	25.52	4.31	$73,485
Apr 2001	1,097	9,170	24.68	5.34	$75,999
Mar 2001	734	9,319	24.54	5.38	$68,115
Feb 2001	544	5,226	27.75	5.77	$45,235
Jan 2001	1,289	20,565	27.47	8.40	$208,129
Dec 2000	1,662	18,993	26.88	9.12	$217,938
Nov 2000	1,108	21,435	32.21	5.66	$156,968
Oct 2000	1,795	22,341	31.23	5.15	$171,013
Sep 2000	1,628	20,466	31.87	5.19	$158,031
Aug 2000	1,804	17,636	29.64	4.54	$133,551
Jul 2000	2,131	18,353	28.53	4.09	$135,857
Jun 2000	2,137	19,024	29.30	4.40	$146,267
May 2000	2,509	21,274	27.26	3.68	$146,678
Apr 2000	3,227	22,801	24.51	3.12	$150,142
Mar 2000	4,530	21,849	28.42	2.86	$191,225
Feb 2000	4,678	14,907	27.62	2.73	$169,850
Jan 2000	10,321	8,317	25.27	2.48	$281,442
Dec 1999	10,761	6,822	24.28	2.42	$277,812
Nov 1999	11,005	7,395	23.19	2.43	$273,205
Oct 1999	10,482	7,016	20.98	2.80	$239,583
Sep 1999	10,510	7,336	21.75	2.62	$247,804
Aug 1999	10,968	8,749	19.26	2.88	$236,402
Jul 1999	11,310	8,725	17.89	2.37	$223,035
Jun 1999	5,316	5,206	15.94	2.36	$97,034

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.

Apr 2014 — as filed, then multipliedworked

Oil                  179 bbl  × $ 95.94 =    $17,173
Casinghead gas         0 Mcf  × $  4.81 =         $0

────────────────────────────────────────────────────
Month total                                  $17,173

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/36019 is the state's own key, not one this site invented.