POWELL 1720

Operated by OXY USA INC. (P-5 630591) in the SPRABERRY (TREND AREA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 48363District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$17.7 M
Jul 2016 – Dec 2022
Value, last 12 filed months
$81 k
at the published price for each month
Months reported
78
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 16,587 leases and 43,997 wells, and the rule below applies to all of them.

Discovered
1952-12-22
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 2018-02-13.

The Commission's schedule remark for this field reads: SPRABERRY (TREND AREA) FIELD EFFECTIVE 10/1/2019.

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
OilDisposition325,571 bbl$16,384,701
Casinghead gasProduction450,295 Mcf$1,319,030
Total$17,703,732

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 31.8997, -101.6703. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.89968, -101.67030 · 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
7,714 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 7,714 ft.

Completions filed
Aug 2022
1 of 1 wells

1 well

42-173373721H7,714 ftAug 2022Yes

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 (78)

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

78 months

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 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 202297034781.844.54$80,959
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 20210057.805.55$0
Jan 202172050.412.81$3,630
Dec 20203,4765,56644.642.68$170,060
Nov 20203,5045,13238.772.71$149,740
Oct 20203,0795,06936.972.48$126,394
Sep 20203,0814,71337.091.99$123,658
Aug 20203,6613,72739.982.39$155,256
Jul 202040635938.371.83$16,233
Jun 20203,0785,00934.901.69$115,889
May 20204,0419,34416.921.81$85,331
Apr 20203,4005,71714.751.80$60,466
Mar 20203,4065,21730.341.86$113,022
Feb 20203,1405,86449.881.98$168,238
Jan 20203,7087,14157.252.09$227,242
Dec 20193,4277,25659.012.30$218,948
Nov 20193,1587,04455.302.75$194,013
Oct 20194,2907,93853.472.42$248,585
Sep 20194,3897,93755.052.66$262,705
Aug 20194,3278,10053.112.30$248,472
Jul 20193,3387,86756.272.46$207,183
Jun 20192,8107,16052.782.49$166,149
May 20192,72963958.482.74$161,343
Apr 20192,3917,22862.632.75$169,630
Mar 20193,0558,85756.803.06$200,645
Feb 20192,5727,97850.852.79$153,063
Jan 20193,7299,06946.033.23$200,922
Dec 20183,76810,13546.594.19$217,971
Nov 20184,57411,87852.934.24$292,432
Oct 20184,7565,21361.443.40$309,923
Sep 20183,6178,45859.543.11$241,644
Aug 20185,31213,57059.403.07$357,146
Jul 20185,80713,07965.142.93$416,614
Jun 20186,87812,82560.183.08$453,380
May 20188,18814,43565.382.90$577,204
Apr 20189,00112,94363.842.90$612,169
Mar 20188,48513,22861.222.79$556,316
Feb 20189,55812,24361.782.77$624,359
Jan 201815,23816,69762.874.01$1,024,957
Dec 201714,86613,61757.272.92$891,158
Nov 201739575755.423.12$24,252
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 2017503043.873.09$22,067
Jun 20176,2678,34642.493.09$292,051
May 20179,03711,35045.373.26$447,048
Apr 20179,28710,61547.933.21$479,217
Mar 201710,86714,57146.772.98$551,725
Feb 201713,12315,28950.452.95$707,198
Jan 201710,1506,71849.413.42$524,479
Dec 201614,72013,75048.763.72$768,936
Nov 201616,98316,52442.492.64$765,303
Oct 201622,08716,14146.193.09$1,070,078
Sep 201621,23517,98941.553.10$938,091
Aug 201611,6239,64641.442.92$509,865
Jul 20169041.622.92$375

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 2022 — as filed, then multipliedworked
Oil                  970 bbl  × $ 81.84 =    $79,385
Casinghead gas       347 Mcf  × $  4.54 =     $1,575

────────────────────────────────────────────────────
Month total                                  $80,959

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/48363 is the state's own key, not one this site invented.