POWELL C

Operated by LACKEY, WILLIAM H. OIL AND GAS (P-5 480868) in the SIGNAL PEAK (WOLFCAMP) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 43573District 08Field 83518500OilCasinghead gasSaveExport
Value, all time
$2.4 M
Oct 2012 – Jan 2024
Value, last 12 filed months
$156
at the published price for each month
Months reported
136
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 132 leases and 253 wells, and the rule below applies to all of them.

Discovered
1983-04-23
as the register files it
Field class
Oil and gas
the register's own label
Between wells
933 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 2009-06-18.

The Commission's schedule remark for this field reads: 08-0223268 DATED 6/18/2009

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
OilDisposition20,777 bbl$1,703,028
Casinghead gasProduction210,546 Mcf$727,110
Total$2,430,138

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 32.2253, -101.3156. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

32.22531, -101.31562 · 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%
2 of 2 wells
With a plug date
0.0%
0 of 2 wells
Median depth
8,189 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 8,187 and 8,190 ft, median 8,189 ft, over the 2 wells that filed a depth.

Completions filed
Dec 2012
2 of 2 wells

2 wells

42-2273710318,190 ftDec 2012Yes
42-2273710428,187 ftDec 2012Yes

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 (136)

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

136 months

Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20232077.892.81$156
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 20221150104.226.84$11,985
Mar 20221760108.885.08$19,163
Feb 2022169091.054.86$15,387
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 2021084557.805.55$4,688
Jan 2021095150.412.81$2,673
Dec 2020096644.642.68$2,584
Nov 2020094738.772.71$2,563
Oct 2020099236.972.48$2,459
Sep 2020097237.091.99$1,935
Aug 202001,00239.982.39$2,390
Jul 2020079838.371.83$1,456
Jun 202001,02434.901.69$1,731
May 202001,10416.921.81$2,003
Apr 202001,04814.751.80$1,891
Mar 202001,12730.341.86$2,092
Feb 202001,04649.881.98$2,072
Jan 202001,18757.252.09$2,486
Dec 201901,23059.012.30$2,834
Nov 201901,23355.302.75$3,392
Oct 201901,23653.472.42$2,989
Sep 201901,20555.052.66$3,202
Aug 20193331,20053.112.30$20,451
Jul 20191691,09056.272.46$12,191
Jun 201901,37152.782.49$3,415
May 201901,43858.482.74$3,941
Apr 201901,43162.632.75$3,936
Mar 201901,45956.803.06$4,468
Feb 201901,36450.852.79$3,809
Jan 201901,51046.033.23$4,875
Dec 20181661,46946.594.19$13,882
Nov 201801,38252.934.24$5,856
Oct 201801,37061.443.40$4,655
Sep 20181681,36259.543.11$14,236
Aug 201801,49559.403.07$4,585
Jul 20181641,47865.142.93$15,016
Jun 20181651,17360.183.08$13,539
May 20183301,64465.382.90$26,344
Apr 201801,31563.842.90$3,815
Mar 201801,38161.222.79$3,849
Feb 201801,24861.782.77$3,452
Jan 201801,30962.874.01$5,248
Dec 201701,41357.272.92$4,128
Nov 201701,38555.423.12$4,319
Oct 20171891,55449.292.98$13,952
Sep 201701,49347.523.09$4,609
Aug 201701,44145.373.00$4,329
Jul 201701,56943.873.09$4,844
Jun 20173291,57642.493.09$18,845
May 201701,74345.373.26$5,688
Apr 20171781,64747.933.21$13,821
Mar 201717689746.772.98$10,908
Feb 20171601,60450.452.95$12,808
Jan 201701,43849.413.42$4,916
Dec 201601,46448.763.72$5,450
Nov 20161871,46442.492.64$11,817
Oct 20161811,70846.193.09$13,639
Sep 201601,96441.553.10$6,090
Aug 201601,25341.442.92$3,664
Jul 2016060041.622.92$1,755
Jun 2016067645.352.69$1,816
May 201601,60242.521.99$3,190
Apr 20161651,54836.561.99$9,115
Mar 201601,57933.011.79$2,833
Feb 20161731,45626.472.06$7,584
Jan 20161761,73027.352.36$8,904
Dec 20151781,84332.362.00$9,449
Nov 201501,80438.792.17$3,910
Oct 20151811,93643.552.43$12,580
Sep 20151761,90242.992.76$12,813
Aug 201502,27540.162.87$6,535
Jul 201501,41648.152.95$4,170
Jun 201501,64756.152.88$4,748
May 20151662,05955.212.96$15,250
Apr 201502,13149.822.71$5,768
Mar 20153522,18342.892.93$21,504
Feb 20151801,86444.662.98$13,586
Jan 20151722,46543.433.10$15,113
Dec 20141772,54154.693.59$18,806
Nov 20141732,60070.464.25$23,244
Oct 20143422,77478.303.90$37,600
Sep 20141752,86886.164.05$26,680
Aug 20141763,10589.394.04$28,262
Jul 20141713,17496.564.18$29,778
Jun 20141713,11398.164.74$31,531
May 20143663,43394.734.73$50,897
Apr 20144853,59395.944.81$63,810
Mar 20141843,88095.895.06$37,264
Feb 20143503,84097.406.19$57,867
Jan 20147444,50890.404.86$89,170
Dec 201304,76391.824.35$20,740
Nov 20136284,24588.853.74$71,667
Oct 20135375,19097.423.78$71,929
Sep 20131864,770104.113.72$37,098
Aug 20137115,693104.253.52$94,176
Jul 20131,0685,956102.523.72$131,634
Jun 20133685,97294.403.93$58,230
May 20131,2906,07294.834.15$147,524
Apr 20135854,10893.964.28$72,559
Mar 20131,2972,96193.623.91$133,011
Feb 20137014,49091.233.42$79,308
Jan 20131,2753,94991.603.42$130,295
Dec 20122,0414,89986.773.42$193,853
Nov 20121,3003,30986.953.62$125,030
Oct 20120989.383.40$31

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.

Nov 2023 — as filed, then multipliedworked
Oil                    2 bbl  × $ 77.89 =       $156
Casinghead gas         0 Mcf  × $  2.81 =         $0

────────────────────────────────────────────────────
Month total                                     $156

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/43573 is the state's own key, not one this site invented.