POWER, Y. L.

Operated by MERIT ENERGY COMPANY (P-5 561136) in the BOONSVILLE (BEND CONGL., GAS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 45762District 09Field 10574520CondensateGasSaveExport
Value, all time
$577 k
Jan 1993 – Mar 2008
Value, last 12 filed months
$6 k
at the published price for each month
Months reported
183
no gaps in the span
Streams
2
condensate, 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 3,438 leases and 3,443 wells, and the rule below applies to all of them.

Discovered
1945-05-01
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 1991-06-10.

The Commission's schedule remark for this field reads: AMOUNT HAD BEEN CALCULATED FOR 5/1/97.

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
CondensateDisposition7,437 bbl$152,260
GasProduction211,873 Mcf$424,747
Total$577,006

94,651 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 (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 33.1995, -97.8170. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.19951, -97.81699 · 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
100.0%
1 of 1 wells
Median depth
5,958 ft
1 wells filed one
Completion to plug
16.2 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
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 5,958 ft.

Completions filed
Jan 1992
1 of 1 wells
Plug dates filed
Mar 2008
1 of 1 wells

Last completion to plug: a median of 16.2 years across the 1 well that filed both dates, with the middle half between 16.2 years and 16.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4970248515,958 ftJan 1992Mar 2008Yes

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 (183)

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

183 months

Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 200853090.388.21$4,790
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 200704762.007.55$355
May 200708158.747.85$636
Apr 200707859.617.81$609
Mar 200708156.927.30$591
Feb 200707355.108.22$600
Jan 200708150.306.73$545
Dec 200608156.656.92$560
Nov 200607854.207.62$594
Oct 200608154.906.01$487
Sep 200607860.085.04$393
Aug 200608168.717.34$595
Jul 200608169.376.34$514
Jun 200607866.286.38$498
May 20060066.016.42$0
Apr 200607864.397.36$574
Mar 200608156.707.08$574
Feb 200607357.597.75$566
Jan 20060060.598.93$0
Dec 200508154.9413.42$1,087
Nov 200507854.6910.59$826
Oct 200508158.3413.80$1,117
Sep 200507861.4512.08$942
Aug 200508161.519.80$794
Jul 200508155.697.84$635
Jun 200507852.337.38$576
May 200508145.226.65$539
Apr 200507849.207.36$574
Mar 200508150.377.15$580
Feb 200507345.226.31$461
Jan 200508643.166.32$544
Dec 200408839.866.75$594
Nov 2004011645.286.33$734
Oct 2004015849.706.52$1,029
Sep 2004018643.245.28$983
Aug 2004016142.375.55$894
Jul 2004020538.286.08$1,247
Jun 2004011836.106.43$759
May 2004085837.486.49$5,572
Apr 20041751,12034.475.86$12,594
Mar 200401,22234.365.53$6,758
Feb 200401,20232.455.51$6,623
Jan 200431,28032.036.30$8,160
Dec 200311,24230.266.30$7,857
Nov 20031761,31928.804.60$11,130
Oct 200301,29528.174.76$6,164
Sep 200311,18526.314.75$5,654
Aug 20031631,34129.765.13$11,730
Jul 200301,33029.415.17$6,877
Jun 200301,33828.565.98$8,005
May 200301,35126.595.97$8,069
Apr 20031641,19026.675.41$10,809
Mar 200301,32031.146.10$8,047
Feb 200301,12633.487.93$8,925
Jan 200301,20630.315.58$6,732
Dec 20021621,30326.914.85$10,684
Nov 200201,20324.664.14$4,977
Oct 20021801,29626.464.23$10,244
Sep 200201,25227.443.64$4,551
Aug 200201,26125.963.16$3,990
Jul 20021641,12424.583.06$7,473
Jun 200201,25623.733.34$4,193
May 200201,16924.663.58$4,190
Apr 20021701,15723.653.51$8,084
Mar 200201,22722.003.10$3,807
Feb 2002096518.222.38$2,293
Jan 2002083117.172.38$1,974
Dec 2001094416.932.36$2,232
Nov 2001030218.072.41$726
Oct 200101,37419.782.53$3,475
Sep 20011821,47124.262.25$7,727
Aug 200101,52624.873.05$4,659
Jul 20011661,52423.933.20$8,845
Jun 200101,42424.563.82$5,446
May 200101,45725.524.31$6,276
Apr 20011611,41724.685.34$11,534
Mar 200101,33724.545.38$7,188
Feb 200101,30727.755.77$7,538
Jan 200101,08427.478.40$9,104
Dec 2000053926.889.12$4,917
Nov 2000036532.215.66$2,065
Oct 2000051731.235.15$2,660
Sep 2000099531.875.19$5,161
Aug 20001511,46329.644.54$11,119
Jul 200001,30128.534.09$5,321
Jun 2000094129.304.40$4,138
May 20001441,09927.263.68$7,969
Apr 200001,12024.513.12$3,490
Mar 200001,51428.422.86$4,330
Feb 20001521,14627.622.73$7,323
Jan 200001,42425.272.48$3,532
Dec 19991421,46224.282.42$6,991
Nov 199901,51923.192.43$3,697
Oct 19991096620.982.80$2,918
Sep 1999048721.752.62$1,275
Aug 1999094019.262.88$2,703
Jul 19991431,42117.892.37$5,929
Jun 199901,21115.942.36$2,861
May 199901,19615.792.32$2,776
Apr 1999080215.102.21$1,771
Mar 1999057312.471.84$1,053
Feb 199907599.981.82$1,380
Jan 1999079610.381.90$1,512
Dec 19981631,0339.201.77$3,331
Nov 199801,21110.892.19$2,647
Oct 199801,24412.421.97$2,450
Sep 199801,34612.592.08$2,803
Aug 19981681,39211.301.91$4,553
Jul 199802,19111.742.24$4,902
Jun 199801,95411.242.24$4,372
May 19981682,14912.622.21$6,862
Apr 199801,91713.042.51$4,803
Mar 19981671,95812.802.31$6,659
Feb 199801,76613.952.30$4,060
Jan 199802,01914.702.15$4,351
Dec 199701,53116.322.41$3,691
Nov 1997055018.193.09$1,699
Oct 19971591,33619.253.15$7,269
Sep 199702,05017.742.95$6,058
Aug 19971572,12917.862.55$8,243
Jul 199701,81417.582.25$4,076
Jun 1997095117.242.26$2,147
May 19971491,91818.972.31$7,254
Apr 199701,49417.882.08$3,112
Mar 199772,06218.951.94$4,131
Feb 19971271,86520.492.21$6,716
Jan 199701,43023.483.54$5,062
Dec 19961351,75723.32$3,148
Nov 199601,85621.97$0
Oct 19961411,53623.31$3,287
Sep 199601,34522.22$0
Aug 199601,50620.26$0
Jul 19961591,69819.55$3,108
Jun 199602,00218.73$0
May 19961392,22319.43$2,701
Apr 199601,85021.51$0
Mar 19961451,71519.38$2,810
Feb 199601,45616.98$0
Jan 199601,93517.07$0
Dec 19951631,47717.19$2,802
Nov 199501,70816.00$0
Oct 19951311,80715.43$2,021
Sep 19951361,73216.18$2,200
Aug 199501,76615.92$0
Jul 19951331,52115.24$2,027
Jun 199501,56816.41$0
May 199501,56517.56$0
Apr 1995063417.73$0
Mar 199512380916.44$2,022
Feb 199501,83816.58$0
Jan 199502,02615.92$0
Dec 19941402,63815.03$2,104
Nov 199402,56115.90$0
Oct 19941592,63315.58$2,477
Sep 19941692,38315.29$2,584
Aug 199402,57516.13$0
Jul 19941652,42217.56$2,897
Jun 199401,99617.09$0
May 19941651,97915.88$2,620
Apr 199401,88914.14$0
Mar 19941611,76212.46$2,006
Feb 1994050812.50$0
Jan 199401,30712.66$0
Dec 19931672,23412.33$2,059
Nov 199302,27014.49$0
Oct 19931692,14915.85$2,679
Sep 199302,50815.03$0
Aug 19931592,57315.66$2,490
Jul 199302,78715.46$0
Jun 19931642,68716.79$2,754
May 199302,81517.68$0
Apr 19931622,56718.05$2,924
Mar 19931582,70918.14$2,866
Feb 19931662,52217.90$2,971
Jan 199302,84716.93$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.

Jan 2008 — as filed, then multipliedworked
Condensate            53 bbl  × $ 90.38 =     $4,790
Gas                    0 Mcf  × $  8.21 =         $0

────────────────────────────────────────────────────
Month total                                   $4,790

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/45762 is the state's own key, not one this site invented.