COWDEN, R. B. -2

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 9796District 08Field 35652868Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$2.2 M
Jan 1993 – Jul 2007
Value, last 12 filed months
$75 k
at the published price for each month
Months reported
175
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 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.

StreamBasisVolumeValue
OilDisposition11,003 bbl$310,955
Casinghead gasProduction435,783 Mcf$1,896,413
Total$2,207,368

12,904 Mcf of this lease's gas, across 13 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 32.0679, -102.7339. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

32.06790, -102.73396 · 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
6,500 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
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 6,500 ft.

Completions filed
Jan 1959
1 of 2 wells; 1 filed none

2 wells

42-135032291 CYes
42-1350322626,500 ftJan 1959Yes

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 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20061672,97854.906.01$27,077
Sep 20061672,63660.085.04$23,311
Aug 200603,35468.717.34$24,618
Jul 200603,68969.376.34$23,398
Jun 20061553,30466.286.38$31,366
May 200603,58166.016.42$23,008
Apr 20061723,64264.397.36$37,882
Mar 200603,78056.707.08$26,773
Feb 20061763,37157.597.75$36,265
Jan 200603,83560.598.93$34,259
Dec 20051783,94354.9413.42$62,676
Nov 200503,82654.6910.59$40,511
Oct 20051794,45358.3413.80$71,875
Sep 200504,48361.4512.08$54,150
Aug 2005096061.519.80$9,405
Jul 20051661,47855.697.84$20,837
Jun 200503,85252.337.38$28,432
May 20051793,81745.226.65$33,482
Apr 200503,73649.207.36$27,499
Mar 20051823,81650.377.15$36,470
Feb 200503,22745.226.31$20,369
Jan 200503,60243.166.32$22,773
Dec 20041853,68439.866.75$32,245
Nov 200403,57645.286.33$22,638
Oct 20041763,69349.706.52$32,807
Sep 200403,82643.245.28$20,216
Aug 20041823,89242.375.55$29,315
Jul 200404,00538.286.08$24,367
Jun 20041683,81336.106.43$30,594
May 200403,85537.486.49$25,037
Apr 20041763,64934.475.86$27,444
Mar 200403,93434.365.53$21,756
Feb 20041733,54132.455.51$25,123
Jan 200403,92332.036.30$24,713
Dec 20031883,98630.266.30$30,807
Nov 200304,03528.804.60$18,541
Oct 20031754,22128.174.76$25,020
Sep 200304,17626.314.75$19,833
Aug 20031863,60229.765.13$24,013
Jul 200303,36529.415.17$17,400
Jun 200303,67528.565.98$21,987
May 20031794,14026.595.97$29,487
Apr 200303,33926.675.41$18,055
Mar 20031894,29431.146.10$32,062
Feb 200303,78133.487.93$29,968
Jan 20031854,29630.315.58$29,588
Dec 200204,24626.914.85$20,609
Nov 20021684,08424.664.14$21,038
Oct 20021594,11026.464.23$21,589
Sep 200204,36627.443.64$15,871
Aug 200204,21325.963.16$13,331
Jul 20021795,20124.583.06$20,324
Jun 20021804,93823.733.34$20,756
May 200205,27924.663.58$18,920
Apr 20021735,12123.653.51$22,078
Mar 200204,23722.003.10$13,146
Feb 20021764,95818.222.38$14,985
Jan 20021755,64117.172.38$16,406
Dec 200106,04316.932.36$14,288
Nov 20011815,49518.072.41$16,489
Oct 20011836,33219.782.53$19,633
Sep 200107,95524.262.25$17,909
Aug 20013539,99424.873.05$39,292
Jul 200133410,15923.933.20$40,472
Jun 200101,69224.563.82$6,470
May 200101,26625.524.31$5,453
Apr 200101,13124.685.34$6,034
Mar 20011861,30324.545.38$11,570
Feb 200101,21627.755.77$7,013
Jan 200101,36327.478.40$11,448
Dec 200001,34126.889.12$12,233
Nov 20001781,28632.215.66$13,010
Oct 200001,46631.235.15$7,543
Sep 200001,43831.875.19$7,458
Aug 20001821,53629.644.54$12,369
Jul 200001,46428.534.09$5,987
Jun 200001,48929.304.40$6,548
May 20001821,20327.263.68$9,388
Apr 200001,45724.513.12$4,540
Mar 200011,44028.422.86$4,146
Feb 20001821,22127.622.73$8,356
Jan 200001,27125.272.48$3,153
Dec 199901,39124.282.42$3,371
Nov 199901,35123.192.43$3,288
Oct 19991831,31020.982.80$7,512
Sep 199901,29521.752.62$3,391
Aug 199901,32219.262.88$3,802
Jul 19991801,12617.892.37$5,891
Jun 199911,12115.942.36$2,664
May 199930369315.792.32$6,393
Apr 1999097715.102.21$2,157
Mar 199916851712.471.84$3,045
Feb 199901,1849.981.82$2,152
Jan 199902,54310.381.90$4,832
Dec 199804,8159.201.77$8,539
Nov 19981894,74910.892.19$12,438
Oct 199805,28212.421.97$10,401
Sep 19981835,22012.592.08$13,175
Aug 19981785,64511.301.91$12,778
Jul 199805,48711.742.24$12,276
Jun 199803,88011.242.24$8,681
May 19983654,51512.622.21$14,568
Apr 199803,34013.042.51$8,368
Mar 199814,56112.802.31$10,546
Feb 199805,34913.952.30$12,298
Jan 19981846,89314.702.15$17,558
Dec 19971767,27016.322.41$20,401
Nov 199705,17318.193.09$15,976
Oct 19971816,82419.253.15$24,979
Sep 19971888,65117.742.95$28,898
Aug 199718113,74117.862.55$38,337
Jul 199774210,43917.582.25$36,500
Jun 19971741,59617.242.26$6,602
May 19970018.972.31$0
Apr 19970017.882.08$0
Mar 19970018.951.94$0
Feb 19970020.492.21$0
Jan 19970023.483.54$0
Dec 19960023.32$0
Nov 1996032321.97$0
Oct 1996039823.31$0
Sep 1996045422.22$0
Aug 1996048920.26$0
Jul 19960019.55$0
Jun 19960018.73$0
May 19960019.43$0
Apr 19960021.51$0
Mar 19960019.38$0
Feb 19960016.98$0
Jan 19960017.07$0
Dec 19950017.19$0
Nov 19950016.00$0
Oct 19950015.43$0
Sep 19950016.18$0
Aug 19950015.92$0
Jul 19950015.24$0
Jun 19950016.41$0
May 19950017.56$0
Apr 19950017.73$0
Mar 19950016.44$0
Feb 19950016.58$0
Jan 19950015.92$0
Dec 19940015.03$0
Nov 19940015.90$0
Oct 19940015.58$0
Sep 19940015.29$0
Aug 19940016.13$0
Jul 19940017.56$0
Jun 19940017.09$0
May 19940015.88$0
Apr 19940014.14$0
Mar 19940012.46$0
Feb 19940012.50$0
Jan 19940012.66$0
Dec 19930012.33$0
Nov 19930014.49$0
Oct 19930015.85$0
Sep 1993018915.03$0
Aug 199317938915.66$2,803
Jul 1993078415.46$0
Jun 199301,38916.79$0
May 1993033017.68$0
Apr 1993014518.05$0
Mar 199301,46618.14$0
Feb 19931922,87817.90$3,437
Jan 199303,67016.93$0

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                  167 bbl  × $ 54.90 =     $9,168
Casinghead gas     2,978 Mcf  × $  6.01 =    $17,909

────────────────────────────────────────────────────
Month total                                  $27,077

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/9796 is the state's own key, not one this site invented.