MineralRecord
Log inSign up

COWDEN 'C'

Operated by SAXET OIL CORPORATION (P-5 749370) in the EMPEROR, DEEP field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 45648District 08Field 28962001Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$8.9 M
Oct 2014 – May 2026
Value, last 12 filed months
$396 k
at the published price for each month
Months reported
140
no gaps in the span
Streams
2
oil, casinghead gas

The EMPEROR, DEEP 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 38 leases and 202 wells, and the rule below applies to all of them.

Discovered
1935-12-31
as the register files it
Field class
Oil
the register's own label
Between wells
660 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres.

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: “ USED AS UNIT ALLOW. & AS PER WELL ALLOW.”

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
OilDisposition152,777 bbl$8,544,860
Casinghead gasProduction119,422 Mcf$352,654
Total$8,897,514

Wells on this lease (3)

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 31.8027, -103.1215. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

31.80282, -103.12115 · 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
33.3%
1 of 3 wells
With a plug date
33.3%
1 of 3 wells
Median depth
3,050 ft
3 wells filed one
Completion to plug
6.0 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
133.3%
A plug date is filed
133.3%
BothOn the schedule and plugged. Neither fact cancels the other.
133.3%
NeitherNo plug date, and not on the schedule.
266.7%

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 3,009 and 3,050 ft, median 3,050 ft, over the 3 wells that filed a depth.

Completions filed
Oct 2014 – Apr 2015
3 of 3 wells
Plug dates filed
Apr 2021
1 of 3 wells; 2 filed none

Last completion to plug: a median of 6.0 years across the 1 well that filed both dates, with the middle half between 6.0 years and 6.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

3 wells

42-4953366953,009 ftApr 2015Apr 2021Yes
42-4953359633,050 ftOct 2014——
42-4953359743,050 ftOct 2014——

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 (140)

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

140 months

May 20265550106.413.05$59,058
Apr 2026470098.932.87$46,497
Mar 2026508089.753.15$45,593
Feb 2026317063.503.75$20,130
Jan 2026368059.138.00$21,760
Dec 2025487056.664.41$27,593
Nov 2025448058.593.93$26,248
Oct 2025499059.383.30$29,631
Sep 2025539062.743.08$33,817
Aug 2025399063.933.01$25,508
Jul 2025445066.743.32$29,699
Jun 2025451066.483.13$29,982
May 2025509060.553.23$30,820
Apr 2025500062.363.54$31,180
Mar 2025605067.704.27$40,959
Feb 2025514070.884.34$36,432
Jan 2025596074.324.28$44,295
Dec 202445513868.993.12$31,821
Nov 2024464069.052.20$32,039
Oct 2024548071.372.28$39,111
Sep 2024462069.612.36$32,160
Aug 2024463075.632.06$35,017
Jul 2024552079.932.15$44,121
Jun 2024463078.082.63$36,151
May 2024500078.812.20$39,405
Apr 2024461084.451.66$38,931
Mar 2024501080.301.55$40,230
Feb 202446019576.091.78$35,349
Jan 202455033573.023.30$41,266
Dec 202361759071.262.61$45,508
Nov 202362626277.892.81$49,495
Oct 202369333685.443.09$60,247
Sep 202368128589.042.74$61,416
Aug 2023592080.522.67$47,668
Jul 2023708074.852.64$52,994
Jun 2023723068.962.26$49,858
May 2023781070.622.23$55,154
Apr 2023825078.122.24$64,449
Mar 2023843072.852.39$61,413
Feb 2023749075.112.47$56,257
Jan 2023760076.533.39$58,163
Dec 2022852076.415.73$65,101
Nov 2022674085.005.65$57,290
Oct 2022700087.185.86$61,026
Sep 2022727084.888.16$61,708
Aug 2022679094.529.13$64,179
Jul 20227200101.587.54$73,138
Jun 20225730115.097.98$65,947
May 20229020109.378.43$98,652
Apr 20226370104.226.84$66,388
Mar 20226410108.885.08$69,792
Feb 2022785091.054.86$71,474
Jan 2022673081.844.54$55,078
Dec 2021741071.323.90$52,848
Nov 2021707077.435.24$54,743
Oct 2021690079.795.71$55,055
Sep 2021942069.865.35$65,808
Aug 2021666066.024.22$43,969
Jul 2021989070.783.98$70,001
Jun 2021817069.493.38$56,773
May 2021811063.483.02$51,482
Apr 20211,035060.362.76$62,473
Mar 2021693061.302.72$42,481
Feb 2021529057.805.55$30,576
Jan 2021880050.412.81$44,361
Dec 20201,063044.642.68$47,452
Nov 2020841038.772.71$32,606
Oct 2020912036.972.48$33,717
Sep 20201,026037.091.99$38,054
Aug 2020862039.982.39$34,463
Jul 2020890038.371.83$34,149
Jun 20201,318034.901.69$45,998
May 20200016.921.81$0
Apr 2020529014.751.80$7,803
Mar 20201,077030.341.86$32,676
Feb 2020868049.881.98$43,296
Jan 20201,062057.252.09$60,800
Dec 2019888059.012.30$52,401
Nov 20191,238055.302.75$68,461
Oct 20191,069053.472.42$57,159
Sep 2019703055.052.66$38,700
Aug 20191,073053.112.30$56,987
Jul 20191,059056.272.46$59,590
Jun 20191,047052.782.49$55,261
May 20191,213058.482.74$70,936
Apr 2019896062.632.75$56,116
Mar 20191,446056.803.06$82,133
Feb 2019882050.852.79$44,850
Jan 20191,440046.033.23$66,283
Dec 20181,07178046.594.19$53,163
Nov 20187201,23352.934.24$43,334
Oct 20181,24892361.443.40$79,814
Sep 20181,0671,38459.543.11$67,831
Aug 20181,4201,48459.403.07$88,899
Jul 20181,0461,47765.142.93$72,467
Jun 20181,0611,44160.183.08$68,285
May 20181,2351,49165.382.90$85,069
Apr 20181,4161,42663.842.90$94,534
Mar 20181,2241,49161.222.79$79,088
Feb 20181,4001,28461.782.77$90,044
Jan 20181,0391,27262.874.01$70,422
Dec 20171,4051,55057.272.92$84,993
Nov 20171,4471,46855.423.12$84,770
Oct 201791066049.292.98$46,823
Sep 20171,0391,43447.523.09$53,800
Aug 20171,5661,17145.373.00$74,568
Jul 20171,2481,75543.873.09$60,168
Jun 20171,2541,60042.493.09$58,222
May 20171,2781,88045.373.26$64,118
Apr 20171,7831,88547.933.21$91,513
Mar 20171,0462,11046.772.98$55,217
Feb 20171,45096950.452.95$76,014
Jan 2017910049.413.42$44,963
Dec 20161,09025748.763.72$54,105
Nov 201696385842.492.64$43,187
Oct 20161,45646446.193.09$68,687
Sep 20161,668041.553.10$69,305
Aug 20161,752041.442.92$72,603
Jul 20162,690041.622.92$111,958
Jun 20162,0822,81245.352.69$101,971
May 20161,9542,34542.521.99$87,753
Apr 20161,4132,67736.561.99$56,989
Mar 20161,7882,58033.011.79$63,650
Feb 20161,4222,46126.472.06$42,719
Jan 20162,0052,24527.352.36$60,145
Dec 20151,6342,71132.362.00$58,302
Nov 20151,7641,51438.792.17$71,707
Oct 20151,7073,21543.552.43$82,141
Sep 20151,8973,48842.992.76$91,173
Aug 20152,0103,69740.162.87$91,341
Jul 20152,3774,13248.152.95$126,622
Jun 20152,0404,46756.152.88$127,424
May 20152,4474,96755.212.96$149,779
Apr 20152,6545,09349.822.71$146,007
Mar 20153,0906,24842.892.93$150,866
Feb 20153,4536,46544.662.98$173,452
Jan 20155,0568,34343.433.10$245,451
Dec 20144,6747,57454.693.59$282,822
Nov 20143,6965,56870.464.25$284,094
Oct 201456093278.303.90$47,484

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.

May 2026 — as filed, then multipliedworked
Oil                  555 bbl  × $106.41 =    $59,058
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                  $59,058

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/45648 is the state's own key, not one this site invented.