COWDEN, R. B. -11-

Name: COWDEN, R. B. -11- lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by MAGRUDER, EDWIN H., JR. (P-5 521563) 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 9012District 08Field 35652868Hydrogen sulphide fieldOilCasinghead gasSave Export

Value, all time

$735 k

Jan 1993 – Jul 2007

Value, last 12 filed months

$32 k

at the published price for each month

Months reported

175

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.”

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	12,144 bbl	$306,685
Casinghead gas	Production	141,036 Mcf	$428,007
Total			$734,692

44,644 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 32.0799, -102.7465. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

32.07990, -102.74650 · 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

5,950 ft

2 wells filed one

Completion to plug

9.3 years

median over 1 well

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

Between 5,900 and 6,000 ft, median 5,950 ft, over the 2 wells that filed a depth.

Completions filed

May 1985 – Dec 1985

2 of 2 wells

Plug dates filed

Mar 1995

1 of 2 wells; 1 filed none

Last completion to plug: a median of 9.3 years across the 1 well that filed both dates, with the middle half between 9.3 years and 9.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells


42-13508458	1	6,000 ft	Dec 1985	Mar 1995	Yes
42-13503227	2X	5,900 ft	May 1985	—	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 (175)

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

175 months


Jul 2007	0	0	70.90	6.39	$0
Jun 2007	0	0	62.00	7.55	$0
May 2007	0	0	58.74	7.85	$0
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	113	650	54.90	6.01	$10,113
Sep 2006	179	1,145	60.08	5.04	$16,522
Aug 2006	0	740	68.71	7.34	$5,432
Jul 2006	0	769	69.37	6.34	$4,878
Jun 2006	177	724	66.28	6.38	$16,353
May 2006	0	756	66.01	6.42	$4,857
Apr 2006	0	732	64.39	7.36	$5,388
Mar 2006	172	762	56.70	7.08	$15,150
Feb 2006	0	677	57.59	7.75	$5,248
Jan 2006	172	759	60.59	8.93	$17,202
Dec 2005	0	760	54.94	13.42	$10,196
Nov 2005	0	706	54.69	10.59	$7,475
Oct 2005	174	613	58.34	13.80	$18,608
Sep 2005	0	612	61.45	12.08	$7,392
Aug 2005	0	750	61.51	9.80	$7,348
Jul 2005	175	794	55.69	7.84	$15,974
Jun 2005	0	765	52.33	7.38	$5,647
May 2005	168	783	45.22	6.65	$12,805
Apr 2005	0	752	49.20	7.36	$5,535
Mar 2005	0	777	50.37	7.15	$5,559
Feb 2005	180	698	45.22	6.31	$12,545
Jan 2005	0	763	43.16	6.32	$4,824
Dec 2004	172	762	39.86	6.75	$12,000
Nov 2004	0	755	45.28	6.33	$4,779
Oct 2004	0	739	49.70	6.52	$4,815
Sep 2004	172	757	43.24	5.28	$11,437
Aug 2004	0	783	42.37	5.55	$4,346
Jul 2004	0	753	38.28	6.08	$4,581
Jun 2004	183	717	36.10	6.43	$11,219
May 2004	0	804	37.48	6.49	$5,222
Apr 2004	0	761	34.47	5.86	$4,458
Mar 2004	178	780	34.36	5.53	$10,430
Feb 2004	0	719	32.45	5.51	$3,961
Jan 2004	184	767	32.03	6.30	$10,725
Dec 2003	0	753	30.26	6.30	$4,745
Nov 2003	0	767	28.80	4.60	$3,524
Oct 2003	181	811	28.17	4.76	$8,959
Sep 2003	0	782	26.31	4.75	$3,714
Aug 2003	0	843	29.76	5.13	$4,324
Jul 2003	179	856	29.41	5.17	$9,691
Jun 2003	0	673	28.56	5.98	$4,027
May 2003	0	661	26.59	5.97	$3,948
Apr 2003	180	559	26.67	5.41	$7,823
Mar 2003	0	760	31.14	6.10	$4,633
Feb 2003	0	631	33.48	7.93	$5,001
Jan 2003	181	752	30.31	5.58	$9,684
Dec 2002	0	779	26.91	4.85	$3,781
Nov 2002	171	766	24.66	4.14	$7,386
Oct 2002	0	817	26.46	4.23	$3,455
Sep 2002	0	844	27.44	3.64	$3,068
Aug 2002	179	781	25.96	3.16	$7,118
Jul 2002	0	876	24.58	3.06	$2,682
Jun 2002	0	854	23.73	3.34	$2,851
May 2002	178	871	24.66	3.58	$7,511
Apr 2002	0	817	23.65	3.51	$2,870
Mar 2002	173	687	22.00	3.10	$5,938
Feb 2002	0	732	18.22	2.38	$1,739
Jan 2002	0	803	17.17	2.38	$1,908
Dec 2001	181	813	16.93	2.36	$4,987
Nov 2001	0	775	18.07	2.41	$1,864
Oct 2001	180	770	19.78	2.53	$5,508
Sep 2001	0	784	24.26	2.25	$1,765
Aug 2001	0	846	24.87	3.05	$2,583
Jul 2001	180	853	23.93	3.20	$7,035
Jun 2001	0	852	24.56	3.82	$3,258
May 2001	0	865	25.52	4.31	$3,726
Apr 2001	211	736	24.68	5.34	$9,134
Mar 2001	0	806	24.54	5.38	$4,333
Feb 2001	0	727	27.75	5.77	$4,193
Jan 2001	186	800	27.47	8.40	$11,828
Dec 2000	0	805	26.88	9.12	$7,344
Nov 2000	183	789	32.21	5.66	$10,359
Oct 2000	0	843	31.23	5.15	$4,338
Sep 2000	0	870	31.87	5.19	$4,512
Aug 2000	183	916	29.64	4.54	$9,583
Jul 2000	0	884	28.53	4.09	$3,615
Jun 2000	177	927	29.30	4.40	$9,262
May 2000	0	569	27.26	3.68	$2,094
Apr 2000	0	839	24.51	3.12	$2,614
Mar 2000	183	857	28.42	2.86	$7,652
Feb 2000	0	814	27.62	2.73	$2,219
Jan 2000	173	843	25.27	2.48	$6,463
Dec 1999	0	860	24.28	2.42	$2,084
Nov 1999	0	851	23.19	2.43	$2,071
Oct 1999	179	883	20.98	2.80	$6,231
Sep 1999	0	941	21.75	2.62	$2,464
Aug 1999	4	851	19.26	2.88	$2,524
Jul 1999	178	956	17.89	2.37	$5,452
Jun 1999	3	947	15.94	2.36	$2,285
May 1999	181	936	15.79	2.32	$5,030
Apr 1999	0	928	15.10	2.21	$2,049
Mar 1999	2	986	12.47	1.84	$1,838
Feb 1999	186	826	9.98	1.82	$3,358
Jan 1999	0	907	10.38	1.90	$1,723
Dec 1998	179	823	9.20	1.77	$3,106
Nov 1998	0	922	10.89	2.19	$2,015
Oct 1998	169	980	12.42	1.97	$4,029
Sep 1998	2	888	12.59	2.08	$1,875
Aug 1998	386	963	11.30	1.91	$6,199
Jul 1998	0	1,011	11.74	2.24	$2,262
Jun 1998	1	895	11.24	2.24	$2,014
May 1998	2	866	12.62	2.21	$1,936
Apr 1998	1	937	13.04	2.51	$2,361
Mar 1998	390	917	12.80	2.31	$7,110
Feb 1998	3	831	13.95	2.30	$1,952
Jan 1998	0	928	14.70	2.15	$2,000
Dec 1997	1	848	16.32	2.41	$2,061
Nov 1997	2	910	18.19	3.09	$2,847
Oct 1997	6	729	19.25	3.15	$2,412
Sep 1997	2	930	17.74	2.95	$2,784
Aug 1997	431	983	17.86	2.55	$10,209
Jul 1997	1	920	17.58	2.25	$2,085
Jun 1997	2	929	17.24	2.26	$2,131
May 1997	1	1,018	18.97	2.31	$2,369
Apr 1997	1	942	17.88	2.08	$1,980
Mar 1997	456	932	18.95	1.94	$10,448
Feb 1997	4	863	20.49	2.21	$1,986
Jan 1997	6	913	23.48	3.54	$3,373
Dec 1996	2	819	23.32	—	$47
Nov 1996	0	949	21.97	—	$0
Oct 1996	0	840	23.31	—	$0
Sep 1996	442	533	22.22	—	$9,821
Aug 1996	0	580	20.26	—	$0
Jul 1996	1	796	19.55	—	$20
Jun 1996	2	959	18.73	—	$37
May 1996	0	1,047	19.43	—	$0
Apr 1996	0	857	21.51	—	$0
Mar 1996	0	872	19.38	—	$0
Feb 1996	486	914	16.98	—	$8,252
Jan 1996	0	940	17.07	—	$0
Dec 1995	2	903	17.19	—	$34
Nov 1995	2	924	16.00	—	$32
Oct 1995	2	965	15.43	—	$31
Sep 1995	0	938	16.18	—	$0
Aug 1995	4	906	15.92	—	$64
Jul 1995	455	954	15.24	—	$6,934
Jun 1995	2	757	16.41	—	$33
May 1995	0	952	17.56	—	$0
Apr 1995	2	916	17.73	—	$35
Mar 1995	0	883	16.44	—	$0
Feb 1995	0	795	16.58	—	$0
Jan 1995	462	847	15.92	—	$7,355
Dec 1994	0	887	15.03	—	$0
Nov 1994	0	1,014	15.90	—	$0
Oct 1994	0	1,056	15.58	—	$0
Sep 1994	0	1,060	15.29	—	$0
Aug 1994	0	1,085	16.13	—	$0
Jul 1994	0	1,125	17.56	—	$0
Jun 1994	495	1,070	17.09	—	$8,460
May 1994	2	728	15.88	—	$32
Apr 1994	0	1,009	14.14	—	$0
Mar 1994	0	1,071	12.46	—	$0
Feb 1994	0	871	12.50	—	$0
Jan 1994	456	1,030	12.66	—	$5,773
Dec 1993	0	1,022	12.33	—	$0
Nov 1993	0	911	14.49	—	$0
Oct 1993	0	1,100	15.85	—	$0
Sep 1993	0	1,087	15.03	—	$0
Aug 1993	0	1,109	15.66	—	$0
Jul 1993	0	1,131	15.46	—	$0
Jun 1993	465	1,096	16.79	—	$7,807
May 1993	0	738	17.68	—	$0
Apr 1993	2	883	18.05	—	$36
Mar 1993	0	913	18.14	—	$0
Feb 1993	417	862	17.90	—	$7,464
Jan 1993	6	940	16.93	—	$102

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                  113 bbl  × $ 54.90 =     $6,204
Casinghead gas       650 Mcf  × $  6.01 =     $3,909

────────────────────────────────────────────────────
Month total                                  $10,113

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/9012 is the state's own key, not one this site invented.