POWELL

Operated by CROWN EQUIPMENT CO. (P-5 191534) in the NEWARK, EAST (BARNETT SHALE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 203427District 09Field 65280200CondensateGasSave
Value, all time
$1.2 M
Aug 2004 – Jun 2023
Value, last 12 filed months
$8 k
at the published price for each month
Months reported
227
no gaps in the span
Streams
2
condensate, gas

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
CondensateDisposition714 bbl$43,946
GasProduction194,717 Mcf$1,145,897
Total$1,189,843

Every month this lease reported (227)

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

227 months

Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 202302178.122.24$47
Mar 202309172.852.39$218
Feb 2023013375.112.47$328
Jan 2023011676.533.39$393
Dec 2022011076.415.73$630
Nov 2022014985.005.65$841
Oct 2022021887.185.86$1,278
Sep 2022013384.888.16$1,086
Aug 2022016694.529.13$1,515
Jul 20220175101.587.54$1,320
Jun 20220199115.097.98$1,587
May 20220173109.378.43$1,459
Apr 20220226104.226.84$1,545
Mar 20220247108.885.08$1,254
Feb 2022020091.054.86$972
Jan 2022025481.844.54$1,153
Dec 2021025571.323.90$994
Nov 2021029477.435.24$1,540
Oct 2021028879.795.71$1,646
Sep 2021017669.865.35$942
Aug 2021021666.024.22$912
Jul 2021028670.783.98$1,139
Jun 2021021769.493.38$734
May 2021025263.483.02$760
Apr 2021020260.362.76$557
Mar 2021022161.302.72$600
Feb 2021022657.805.55$1,254
Jan 2021022950.412.81$644
Dec 2020024544.642.68$655
Nov 2020025038.772.71$677
Oct 2020025536.972.48$632
Sep 2020034737.091.99$691
Aug 2020035039.982.39$835
Jul 2020046438.371.83$847
Jun 2020033834.901.69$571
May 2020036216.921.81$657
Apr 2020035814.751.80$646
Mar 2020029330.341.86$544
Feb 2020025149.881.98$497
Jan 2020029357.252.09$614
Dec 2019032259.012.30$742
Nov 2019030355.302.75$833
Oct 2019036653.472.42$885
Sep 2019053255.052.66$1,414
Aug 2019043153.112.30$993
Jul 2019028256.272.46$694
Jun 2019032952.782.49$820
May 2019036858.482.74$1,008
Apr 2019031462.632.75$864
Mar 2019032456.803.06$992
Feb 2019032750.852.79$913
Jan 2019053746.033.23$1,734
Dec 2018062346.594.19$2,608
Nov 2018015052.934.24$636
Oct 2018024161.443.40$819
Sep 2018025559.543.11$793
Aug 2018025959.403.07$794
Jul 2018046365.142.93$1,357
Jun 201809560.183.08$292
May 2018027265.382.90$789
Apr 2018018563.842.90$537
Mar 2018030461.222.79$847
Feb 2018048461.782.77$1,339
Jan 2018043962.874.01$1,760
Dec 2017045257.272.92$1,321
Nov 2017031855.423.12$992
Oct 2017037849.292.98$1,128
Sep 2017050547.523.09$1,559
Aug 2017051445.373.00$1,544
Jul 2017056543.873.09$1,744
Jun 2017040942.493.09$1,263
May 2017045345.373.26$1,478
Apr 2017035647.933.21$1,143
Mar 2017029746.772.98$886
Feb 2017026950.452.95$794
Jan 2017032149.413.42$1,097
Dec 2016041348.763.72$1,538
Nov 2016046342.492.64$1,224
Oct 2016049146.193.09$1,517
Sep 2016052741.553.10$1,634
Aug 2016045841.442.92$1,339
Jul 2016047841.622.92$1,398
Jun 2016047445.352.69$1,273
May 2016050442.521.99$1,003
Apr 2016050736.561.99$1,009
Mar 2016054033.011.79$969
Feb 2016045026.472.06$929
Jan 2016051027.352.36$1,206
Dec 2015044232.362.00$885
Nov 2015045938.792.17$995
Oct 2015047443.552.43$1,150
Sep 2015043942.992.76$1,211
Aug 2015047140.162.87$1,353
Jul 2015047648.152.95$1,402
Jun 2015045356.152.88$1,306
May 2015048755.212.96$1,439
Apr 2015048549.822.71$1,313
Mar 2015051342.892.93$1,506
Feb 2015046544.662.98$1,384
Jan 2015052043.433.10$1,612
Dec 2014056754.693.59$2,036
Nov 2014048670.464.25$2,066
Oct 2014052878.303.90$2,060
Sep 2014052686.164.05$2,128
Aug 2014057289.394.04$2,308
Jul 2014054896.564.18$2,290
Jun 2014047598.164.74$2,250
May 2014048294.734.73$2,278
Apr 2014046795.944.81$2,246
Mar 2014053595.895.06$2,705
Feb 2014048397.406.19$2,991
Jan 2014054390.404.86$2,639
Dec 2013053291.824.35$2,317
Nov 2013053388.853.74$1,993
Oct 2013055497.423.78$2,094
Sep 20130546104.113.72$2,030
Aug 20130551104.253.52$1,941
Jul 201366535102.523.72$8,755
Jun 2013053094.403.93$2,085
May 2013054894.834.15$2,274
Apr 2013052393.964.28$2,240
Mar 2013059693.623.91$2,332
Feb 2013043091.233.42$1,471
Jan 2013050891.603.42$1,737
Dec 2012056086.773.42$1,915
Nov 2012048986.953.62$1,773
Oct 2012052089.383.40$1,768
Sep 2012050694.672.92$1,477
Aug 2012052392.662.91$1,521
Jul 2012056485.133.02$1,704
Jun 2012037979.822.52$955
May 2012057291.612.49$1,423
Apr 20120410101.652.00$819
Mar 20120440105.052.22$978
Feb 20120498101.102.57$1,280
Jan 2012075398.092.73$2,059
Dec 2011049396.873.24$1,597
Nov 2011049495.723.31$1,636
Oct 2011057684.983.65$2,102
Sep 2011062083.623.99$2,471
Aug 2011055483.404.15$2,299
Jul 2011062094.144.52$2,801
Jun 2011057792.904.64$2,677
May 2011062498.134.40$2,749
Apr 20110659105.964.33$2,856
Mar 2011067296.364.06$2,727
Feb 2011076385.644.18$3,189
Jan 2011060486.504.59$2,772
Dec 2010085885.734.35$3,730
Nov 2010082080.843.80$3,112
Oct 2010091678.103.51$3,214
Sep 2010091472.633.98$3,637
Aug 2010080673.684.42$3,562
Jul 2010083172.554.74$3,936
Jun 2010078970.364.91$3,874
May 2010085571.124.24$3,621
Apr 2010090581.694.12$3,731
Mar 2010087978.394.39$3,858
Feb 201002,13573.585.44$11,619
Jan 2010076374.365.96$4,551
Dec 2009083871.445.48$4,595
Nov 2009087974.593.75$3,298
Oct 2009096972.544.11$3,983
Sep 2009092465.543.06$2,832
Aug 2009096267.423.22$3,096
Jul 2009096561.133.46$3,343
Jun 2009099966.163.90$3,891
May 200901,07154.743.93$4,204
Apr 200901,03346.773.59$3,706
Mar 200901,08142.144.06$4,388
Feb 2009096132.814.63$4,452
Jan 200901,07935.865.37$5,795
Dec 200801,11237.105.98$6,647
Nov 200801,13055.496.86$7,752
Oct 200801,60675.246.92$11,117
Sep 20080397101.767.88$3,127
Aug 200801,120114.228.48$9,501
Jul 20080789131.0811.39$8,986
Jun 20080943131.3313.03$12,290
May 20080976123.1711.57$11,297
Apr 200801,038110.3110.45$10,852
Mar 200801,176101.909.66$11,365
Feb 200801,37292.538.77$12,033
Jan 200813881390.388.21$19,144
Dec 200701,55288.337.30$11,333
Nov 200701,71591.677.29$12,505
Oct 200701,64582.856.92$11,387
Sep 200701,59875.846.24$9,978
Aug 200701,78069.066.39$11,371
Jul 200701,57170.906.39$10,035
Jun 200701,54862.007.55$11,685
May 200701,81658.747.85$14,249
Apr 2007092459.617.81$7,212
Mar 200701,79356.927.30$13,092
Feb 200701,49055.108.22$12,242
Jan 200701,72550.306.73$11,604
Dec 200601,85756.656.92$12,848
Nov 200602,16254.207.62$16,469
Oct 200602,24454.906.01$13,495
Sep 200602,18160.085.04$10,986
Aug 200602,15568.717.34$15,818
Jul 200602,38569.376.34$15,127
Jun 200602,45766.286.38$15,685
May 200602,90466.016.42$18,658
Apr 200602,54864.397.36$18,755
Mar 200602,72456.707.08$19,294
Feb 200602,12857.597.75$16,494
Jan 20061672,67060.598.93$33,970
Dec 200502,30654.9413.42$30,936
Nov 200502,36654.6910.59$25,052
Oct 200502,24358.3413.80$30,944
Sep 200502,01461.4512.08$24,327
Aug 200502,24961.519.80$22,033
Jul 200502,38555.697.84$18,707
Jun 200502,70852.337.38$19,988
May 20051712,94045.226.65$27,287
Apr 200502,73749.207.36$20,146
Mar 200503,21550.377.15$23,003
Feb 200502,84145.226.31$17,932
Jan 200503,37443.166.32$21,331
Dec 20041723,33539.866.75$29,371
Nov 200403,17545.286.33$20,099
Oct 200403,58049.706.52$23,324
Sep 200404,03543.245.28$21,321
Aug 200406,05042.375.55$33,581

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.

Apr 2023 — as filed, then multipliedworked
Condensate             0 bbl  × $ 78.12 =         $0
Gas                   21 Mcf  × $  2.24 =        $47

────────────────────────────────────────────────────
Month total                                      $47

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. 09/G/203427 is the state's own key, not one this site invented.