COWDEN, R. B.

Name: COWDEN, R. B. lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by H&M PRODUCTION, INC. (P-5 341412) in the GOLDSMITH (5600) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 8747District 08Field 35652868Hydrogen sulphide fieldNGPA filingOilCasinghead gasSave Export

Value, all time

$257 k

Jan 1993 – Apr 2007

Value, last 12 filed months

$30 k

at the published price for each month

Months reported

172

no gaps in the span

Streams

oil, casinghead gas

The GOLDSMITH (5600) 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 157 leases and 1,575 wells, and the rule below applies to all of them.

Discovered

1947-10-26

as the register files it

Field class

Oil and gas

the register's own label

Between wells

850 ft

minimum

From a lease line

555 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: “INTO THE GOLDSMITH (CLEAR FORK) FIELD.”

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

Programme	Filings	With an approval date	Dated	Docket
NGPA	1	none	—	—

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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	6,097 bbl	$160,556
Casinghead gas	Production	30,588 Mcf	$96,936
Total			$257,492

9,434 Mcf of this lease's gas, across 48 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 (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 32.0911, -102.7391. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

32.09115, -102.73913 · 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%

2 of 2 wells

With a plug date

50.0%

1 of 2 wells

Median depth

5,972 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

2100.0%

A plug date is filed

150.0%

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

150.0%

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 5,972 ft.

Plug dates filed

Aug 2000

1 of 2 wells; 1 filed none

2 wells


42-00302648	1	—	—	—	Yes
42-00307705	2	5,972 ft	—	Aug 2000	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 (172)

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

172 months


Apr 2007	0	0	59.61	7.81	$0
Mar 2007	0	0	56.92	7.30	$0
Feb 2007	0	0	55.10	8.22	$0
Jan 2007	0	0	50.30	6.73	$0
Dec 2006	0	0	56.65	6.92	$0
Nov 2006	0	0	54.20	7.62	$0
Oct 2006	199	210	54.90	6.01	$12,188
Sep 2006	1	135	60.08	5.04	$740
Aug 2006	0	195	68.71	7.34	$1,431
Jul 2006	0	198	69.37	6.34	$1,256
Jun 2006	0	173	66.28	6.38	$1,104
May 2006	178	193	66.01	6.42	$12,990
Apr 2006	0	189	64.39	7.36	$1,391
Mar 2006	0	196	56.70	7.08	$1,388
Feb 2006	0	175	57.59	7.75	$1,356
Jan 2006	0	172	60.59	8.93	$1,537
Dec 2005	180	147	54.94	13.42	$11,861
Nov 2005	0	192	54.69	10.59	$2,033
Oct 2005	0	0	58.34	13.80	$0
Sep 2005	0	103	61.45	12.08	$1,244
Aug 2005	0	207	61.51	9.80	$2,028
Jul 2005	0	199	55.69	7.84	$1,561
Jun 2005	190	179	52.33	7.38	$11,264
May 2005	0	206	45.22	6.65	$1,370
Apr 2005	0	198	49.20	7.36	$1,457
Mar 2005	0	187	50.37	7.15	$1,338
Feb 2005	0	179	45.22	6.31	$1,130
Jan 2005	177	0	43.16	6.32	$7,639
Dec 2004	0	183	39.86	6.75	$1,235
Nov 2004	0	195	45.28	6.33	$1,234
Oct 2004	0	188	49.70	6.52	$1,225
Sep 2004	0	195	43.24	5.28	$1,030
Aug 2004	0	202	42.37	5.55	$1,121
Jul 2004	172	205	38.28	6.08	$7,831
Jun 2004	0	198	36.10	6.43	$1,274
May 2004	0	206	37.48	6.49	$1,338
Apr 2004	0	193	34.47	5.86	$1,131
Mar 2004	186	205	34.36	5.53	$7,525
Feb 2004	3	183	32.45	5.51	$1,106
Jan 2004	0	196	32.03	6.30	$1,235
Dec 2003	0	201	30.26	6.30	$1,267
Nov 2003	0	200	28.80	4.60	$919
Oct 2003	1	208	28.17	4.76	$1,018
Sep 2003	182	204	26.31	4.75	$5,757
Aug 2003	0	212	29.76	5.13	$1,088
Jul 2003	0	213	29.41	5.17	$1,101
Jun 2003	0	180	28.56	5.98	$1,077
May 2003	188	185	26.59	5.97	$6,104
Apr 2003	0	159	26.67	5.41	$860
Mar 2003	0	210	31.14	6.10	$1,280
Feb 2003	0	133	33.48	7.93	$1,054
Jan 2003	0	206	30.31	5.58	$1,150
Dec 2002	179	206	26.91	4.85	$5,817
Nov 2002	0	201	24.66	4.14	$832
Oct 2002	0	210	26.46	4.23	$888
Sep 2002	0	205	27.44	3.64	$745
Aug 2002	179	177	25.96	3.16	$5,207
Jul 2002	0	213	24.58	3.06	$652
Jun 2002	0	210	23.73	3.34	$701
May 2002	0	215	24.66	3.58	$771
Apr 2002	0	206	23.65	3.51	$724
Mar 2002	196	187	22.00	3.10	$4,892
Feb 2002	0	182	18.22	2.38	$432
Jan 2002	0	201	17.17	2.38	$478
Dec 2001	0	207	16.93	2.36	$489
Nov 2001	0	195	18.07	2.41	$469
Oct 2001	0	214	19.78	2.53	$541
Sep 2001	0	211	24.26	2.25	$475
Aug 2001	186	225	24.87	3.05	$5,313
Jul 2001	0	228	23.93	3.20	$729
Jun 2001	0	172	24.56	3.82	$658
May 2001	0	227	25.52	4.31	$978
Apr 2001	0	199	24.68	5.34	$1,062
Mar 2001	182	222	24.54	5.38	$5,660
Feb 2001	0	200	27.75	5.77	$1,153
Jan 2001	0	217	27.47	8.40	$1,823
Dec 2000	0	175	26.88	9.12	$1,596
Nov 2000	195	146	32.21	5.66	$7,107
Oct 2000	0	187	31.23	5.15	$962
Sep 2000	0	167	31.87	5.19	$866
Aug 2000	0	191	29.64	4.54	$867
Jul 2000	0	203	28.53	4.09	$830
Jun 2000	175	156	29.30	4.40	$5,813
May 2000	0	115	27.26	3.68	$423
Apr 2000	0	138	24.51	3.12	$430
Mar 2000	175	155	28.42	2.86	$5,417
Feb 2000	0	170	27.62	2.73	$464
Jan 2000	0	86	25.27	2.48	$213
Dec 1999	0	130	24.28	2.42	$315
Nov 1999	0	103	23.19	2.43	$251
Oct 1999	0	147	20.98	2.80	$412
Sep 1999	0	203	21.75	2.62	$532
Aug 1999	0	244	19.26	2.88	$702
Jul 1999	0	2	17.89	2.37	$5
Jun 1999	0	13	15.94	2.36	$31
May 1999	0	88	15.79	2.32	$204
Apr 1999	0	105	15.10	2.21	$232
Mar 1999	0	111	12.47	1.84	$204
Feb 1999	0	103	9.98	1.82	$187
Jan 1999	158	109	10.38	1.90	$1,847
Dec 1998	0	108	9.20	1.77	$192
Nov 1998	189	88	10.89	2.19	$2,251
Oct 1998	0	12	12.42	1.97	$24
Sep 1998	0	174	12.59	2.08	$362
Aug 1998	0	206	11.30	1.91	$393
Jul 1998	0	214	11.74	2.24	$479
Jun 1998	0	218	11.24	2.24	$488
May 1998	0	242	12.62	2.21	$534
Apr 1998	183	227	13.04	2.51	$2,955
Mar 1998	0	253	12.80	2.31	$584
Feb 1998	0	145	13.95	2.30	$333
Jan 1998	0	157	14.70	2.15	$338
Dec 1997	0	213	16.32	2.41	$514
Nov 1997	0	219	18.19	3.09	$676
Oct 1997	0	198	19.25	3.15	$624
Sep 1997	0	232	17.74	2.95	$686
Aug 1997	0	246	17.86	2.55	$628
Jul 1997	158	249	17.58	2.25	$3,337
Jun 1997	0	257	17.24	2.26	$580
May 1997	0	193	18.97	2.31	$446
Apr 1997	0	174	17.88	2.08	$362
Mar 1997	192	239	18.95	1.94	$4,102
Feb 1997	0	194	20.49	2.21	$428
Jan 1997	0	226	23.48	3.54	$800
Dec 1996	149	214	23.32	—	$3,475
Nov 1996	0	90	21.97	—	$0
Oct 1996	0	159	23.31	—	$0
Sep 1996	0	211	22.22	—	$0
Aug 1996	0	192	20.26	—	$0
Jul 1996	157	269	19.55	—	$3,069
Jun 1996	0	212	18.73	—	$0
May 1996	0	153	19.43	—	$0
Apr 1996	0	182	21.51	—	$0
Mar 1996	170	228	19.38	—	$3,295
Feb 1996	0	207	16.98	—	$0
Jan 1996	0	218	17.07	—	$0
Dec 1995	197	155	17.19	—	$3,386
Nov 1995	0	140	16.00	—	$0
Oct 1995	0	107	15.43	—	$0
Sep 1995	191	212	16.18	—	$3,090
Aug 1995	0	185	15.92	—	$0
Jul 1995	0	55	15.24	—	$0
Jun 1995	0	38	16.41	—	$0
May 1995	0	107	17.56	—	$0
Apr 1995	159	180	17.73	—	$2,819
Mar 1995	0	189	16.44	—	$0
Feb 1995	0	164	16.58	—	$0
Jan 1995	0	120	15.92	—	$0
Dec 1994	0	111	15.03	—	$0
Nov 1994	0	139	15.90	—	$0
Oct 1994	195	214	15.58	—	$3,038
Sep 1994	0	233	15.29	—	$0
Aug 1994	0	248	16.13	—	$0
Jul 1994	0	205	17.56	—	$0
Jun 1994	0	214	17.09	—	$0
May 1994	0	171	15.88	—	$0
Apr 1994	164	231	14.14	—	$2,319
Mar 1994	0	239	12.46	—	$0
Feb 1994	0	202	12.50	—	$0
Jan 1994	184	221	12.66	—	$2,329
Dec 1993	0	221	12.33	—	$0
Nov 1993	0	228	14.49	—	$0
Oct 1993	0	243	15.85	—	$0
Sep 1993	0	244	15.03	—	$0
Aug 1993	181	232	15.66	—	$2,834
Jul 1993	0	240	15.46	—	$0
Jun 1993	0	270	16.79	—	$0
May 1993	0	246	17.68	—	$0
Apr 1993	177	269	18.05	—	$3,195
Mar 1993	0	270	18.14	—	$0
Feb 1993	0	249	17.90	—	$0
Jan 1993	169	307	16.93	—	$2,861

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.

Oct 2006 — as filed, then multipliedworked

Oil                  199 bbl  × $ 54.90 =    $10,925
Casinghead gas       210 Mcf  × $  6.01 =     $1,263

────────────────────────────────────────────────────
Month total                                  $12,188

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/8747 is the state's own key, not one this site invented.