COWAN & MCKINNEY GG

Operated by WILLOWBEND INVESTMENTS, INC. (P-5 927665) in the LAKE KICKAPOO, E. (CADDO) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 19654District 09Field 51464500NGPA filingOilCasinghead gasSaveExport
Value, all time
$1.9 M
Jan 1993 – Mar 2016
Value, last 12 filed months
$5 k
at the published price for each month
Months reported
279
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 11 leases and 14 wells, and the rule below applies to all of them.

Discovered
1978-11-08
as the register files it
Field class
Oil
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 40 acres.

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.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA1none

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.

StreamBasisVolumeValue
OilDisposition54,229 bbl$1,711,554
Casinghead gasProduction40,825 Mcf$140,991
Total$1,852,545

12,867 Mcf of this lease's gas, across 47 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 33.6394, -98.7818. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.63938, -98.78176 · 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
5,462 ft
1 wells filed one
Completion to plug
36.3 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 5,462 ft.

Completions filed
Oct 1979
1 of 1 wells
Plug dates filed
Jan 2016
1 of 1 wells

Last completion to plug: a median of 36.3 years across the 1 well that filed both dates, with the middle half between 36.3 years and 36.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-0093386915,462 ftOct 1979Jan 2016Yes

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 (279)

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

279 months

Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20165314027.352.36$1,781
Dec 2015014032.362.00$280
Nov 2015014038.792.17$303
Oct 2015014043.552.43$340
Sep 2015014042.992.76$386
Aug 2015014040.162.87$402
Jul 2015014048.152.95$412
Jun 2015014056.152.88$404
May 2015014055.212.96$414
Apr 2015014049.822.71$379
Mar 2015014042.892.93$411
Feb 2015014044.662.98$417
Jan 20154914043.433.10$2,562
Dec 2014014054.693.59$503
Nov 20144814070.464.25$3,977
Oct 2014014078.303.90$546
Sep 20144914086.164.05$4,788
Aug 20144814089.394.04$4,856
Jul 20144814096.564.18$5,220
Jun 2014014098.164.74$663
May 20149314094.734.73$9,472
Apr 2014014095.944.81$673
Mar 20149514095.895.06$9,818
Feb 2014014097.406.19$867
Jan 201410114090.404.86$9,811
Dec 2013014091.824.35$610
Nov 20134914088.853.74$4,877
Oct 20134814097.423.78$5,205
Sep 201346140104.113.72$5,310
Aug 201350140104.253.52$5,706
Jul 201350140102.523.72$5,646
Jun 201317314094.403.93$16,882
May 201317214094.834.15$16,892
Apr 201316214093.964.28$15,821
Mar 201317214093.623.91$16,650
Feb 201317614091.233.42$16,535
Jan 201316314091.603.42$15,410
Dec 20121413086.773.42$1,659
Nov 20126014086.953.62$5,724
Oct 20126612089.383.40$6,307
Sep 20126714094.672.92$6,751
Aug 20126714092.662.91$6,615
Jul 20126714085.133.02$6,127
Jun 20126514079.822.52$5,541
May 201213414091.612.49$12,624
Apr 201266130101.652.00$6,968
Mar 201269140105.052.22$7,560
Feb 201271140101.102.57$7,538
Jan 20126914098.092.73$7,151
Dec 20116814096.873.24$7,041
Nov 201113714095.723.31$13,577
Oct 20116614084.983.65$6,119
Sep 20116614083.623.99$6,077
Aug 20116614083.404.15$6,085
Jul 20116614094.144.52$6,846
Jun 20116714092.904.64$6,874
May 20116614098.134.40$7,093
Apr 201166140105.964.33$7,600
Mar 20116714096.364.06$7,024
Feb 20116614085.644.18$6,237
Jan 201113814086.504.59$12,579
Dec 20106914085.734.35$6,524
Nov 20106914080.843.80$6,109
Oct 20106614078.103.51$5,646
Sep 20106714072.633.98$5,423
Aug 201013514073.684.42$10,566
Jul 20106614072.554.74$5,451
Jun 201013414070.364.91$10,116
May 20106814071.124.24$5,429
Apr 201013314081.694.12$11,442
Mar 20106714078.394.39$5,867
Feb 20106814073.585.44$5,765
Jan 201013814074.365.96$11,097
Dec 20097014071.445.48$5,769
Nov 20097214074.593.75$5,896
Oct 200913414072.544.11$10,296
Sep 20096914065.543.06$4,951
Aug 200913514067.423.22$9,552
Jul 20097014061.133.46$4,764
Jun 20096614066.163.90$4,912
May 200913714054.743.93$8,049
Apr 20097014046.773.59$3,776
Mar 200913514042.144.06$6,257
Feb 20096814032.814.63$2,880
Jan 200913314035.865.37$5,521
Dec 200813814037.105.98$5,957
Nov 20086914055.496.86$4,789
Oct 200813714075.246.92$11,277
Sep 2008135140101.767.88$14,840
Aug 200865140114.228.48$8,612
Jul 2008131140131.0811.39$18,766
Jun 200867140131.3313.03$10,624
May 2008131140123.1711.57$17,756
Apr 200866140110.3110.45$8,744
Mar 2008133140101.909.66$14,906
Feb 20086914092.538.77$7,612
Jan 200814114090.388.21$13,892
Dec 200713814088.337.30$13,212
Nov 200713514091.677.29$13,396
Oct 20076814082.856.92$6,603
Sep 200713714075.846.24$11,264
Aug 20076814069.066.39$5,590
Jul 200713214070.906.39$10,253
Jun 200713514062.007.55$9,427
May 20076714058.747.85$5,034
Apr 200713614059.617.81$9,200
Mar 20076814056.927.30$4,893
Feb 200713514055.108.22$8,589
Jan 200713514050.306.73$7,732
Dec 20067014056.656.92$4,934
Nov 200613714054.207.62$8,492
Oct 200613314054.906.01$8,144
Sep 200613514060.085.04$8,816
Aug 200613614068.717.34$10,372
Jul 200613214069.376.34$10,045
Jun 200613314066.286.38$9,709
May 200613514066.016.42$9,811
Apr 20066614064.397.36$5,280
Mar 200613514056.707.08$8,646
Feb 20067014057.597.75$5,116
Jan 200620614060.598.93$13,732
Dec 200513614054.9413.42$9,350
Nov 200513514054.6910.59$8,866
Oct 200514214058.3413.80$10,216
Sep 200513414061.4512.08$9,925
Aug 200513214061.519.80$9,491
Jul 200513514055.697.84$8,616
Jun 200513314052.337.38$7,993
May 200513614045.226.65$7,081
Apr 200513414049.207.36$7,623
Mar 200520314050.377.15$11,227
Feb 200513714045.226.31$7,079
Jan 200513614043.166.32$6,755
Dec 200413714039.866.75$6,406
Nov 200421514045.286.33$10,621
Oct 20046914049.706.52$4,341
Sep 200413614043.245.28$6,620
Aug 200413414042.375.55$6,455
Jul 200420714038.286.08$8,776
Jun 200413514036.106.43$5,774
May 200420414037.486.49$8,555
Apr 200413314034.475.86$5,405
Mar 200420814034.365.53$7,921
Feb 200414014032.455.51$5,314
Jan 200414014032.036.30$5,366
Dec 200313914030.266.30$5,088
Nov 200327314028.804.60$8,506
Oct 200314114028.174.76$4,638
Sep 200320114026.314.75$5,953
Aug 200314014029.765.13$4,885
Jul 200321014029.415.17$6,900
Jun 200320714028.565.98$6,750
May 200320714026.595.97$6,340
Apr 200313814026.675.41$4,437
Mar 200321014031.146.10$7,393
Feb 200327614033.487.93$10,350
Jan 200321214030.315.58$7,207
Dec 200221214026.914.85$6,384
Nov 200227414024.664.14$7,336
Oct 200213714026.464.23$4,217
Sep 200213914027.443.64$4,323
Aug 200220114025.963.16$5,661
Jul 200213114024.583.06$3,649
Jun 200213614023.733.34$3,695
May 200220214024.663.58$5,483
Apr 200223014023.653.51$5,931
Mar 200221714022.003.10$5,208
Feb 200218114018.222.38$3,630
Jan 200221214017.172.38$3,973
Dec 200121314016.932.36$3,937
Nov 200120314018.072.41$4,005
Oct 200127814019.782.53$5,853
Sep 200119514024.262.25$5,046
Aug 200120614024.873.05$5,551
Jul 200118414023.933.20$4,851
Jun 200120314024.563.82$5,521
May 200121514025.524.31$6,090
Apr 200120214024.685.34$5,732
Mar 200133214024.545.38$8,900
Feb 200121614027.755.77$6,801
Jan 200120214027.478.40$6,725
Dec 200021814026.889.12$7,137
Nov 200021014032.215.66$7,556
Oct 200020614031.235.15$7,154
Sep 200020714031.875.19$7,323
Aug 200020514029.644.54$6,712
Jul 200028014028.534.09$8,561
Jun 200021514029.304.40$6,915
May 200020914027.263.68$6,213
Apr 200019114024.513.12$5,118
Mar 200023014028.422.86$6,937
Feb 200023614027.622.73$6,900
Jan 2000222025.272.48$5,610
Dec 1999225024.282.42$5,463
Nov 1999227023.192.43$5,264
Oct 1999207020.982.80$4,343
Sep 1999216021.752.62$4,698
Aug 1999252019.262.88$4,854
Jul 1999229017.892.37$4,097
Jun 1999271215.942.36$4,324
May 1999227015.792.32$3,584
Apr 19992782115.102.21$4,244
Mar 1999357112.471.84$4,454
Feb 199928929.981.82$2,888
Jan 1999245610.381.90$2,555
Dec 1998312149.201.77$2,895
Nov 19982771610.892.19$3,052
Oct 19982753112.421.97$3,477
Sep 19983073212.592.08$3,932
Aug 1998271011.301.91$3,062
Jul 1998290711.742.24$3,420
Jun 19982942411.242.24$3,358
May 19982893112.622.21$3,716
Apr 19983402613.042.51$4,499
Mar 19983072112.802.31$3,978
Feb 1998275213.952.30$3,841
Jan 1998307014.702.15$4,513
Dec 1997292016.322.41$4,765
Nov 1997316018.193.09$5,748
Oct 1997385019.253.15$7,411
Sep 19972519817.742.95$4,742
Aug 19972779817.862.55$5,198
Jul 19973039817.582.25$5,547
Jun 19973349817.242.26$5,979
May 19973829818.972.31$7,473
Apr 19972369817.882.08$4,424
Mar 19973199818.951.94$6,235
Feb 19973829820.492.21$8,043
Jan 19973679823.483.54$8,964
Dec 19963779823.32$8,792
Nov 19963239821.97$7,096
Oct 19963099823.31$7,203
Sep 19963369822.22$7,466
Aug 19963959820.26$8,003
Jul 19964069819.55$7,937
Jun 19964059818.73$7,586
May 19963759819.43$7,286
Apr 19964319821.51$9,271
Mar 19964429819.38$8,566
Feb 1996412016.98$6,996
Jan 19964059817.07$6,913
Dec 19954619817.19$7,925
Nov 19954449816.00$7,104
Oct 19955139815.43$7,916
Sep 19954899816.18$7,912
Aug 19954759815.92$7,562
Jul 19954569815.24$6,949
Jun 19954829816.41$7,910
May 19955719817.56$10,027
Apr 19954839817.73$8,564
Mar 19957029816.44$11,541
Feb 19954219816.58$6,980
Jan 19955939815.92$9,441
Dec 19947099815.03$10,656
Nov 19945899915.90$9,365
Oct 199470915115.58$11,046
Sep 199472215815.29$11,039
Aug 199474918116.13$12,081
Jul 199473219517.56$12,854
Jun 19947979817.09$13,621
May 19948459815.88$13,419
Apr 199484434914.14$11,934
Mar 199462410312.46$7,775
Feb 199454013512.50$6,750
Jan 199416814512.66$2,127
Dec 199326019812.33$3,206
Nov 199324246714.49$3,507
Oct 19937745515.85$1,220
Sep 199319456715.03$2,916
Aug 199313156715.66$2,051
Jul 199315257315.46$2,350
Jun 199313478816.79$2,250
May 199313449117.68$2,369
Apr 19931341,04418.05$2,419
Mar 1993491,11118.14$889
Feb 19937985517.90$1,414
Jan 1993811,68716.93$1,371

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 2016 — as filed, then multipliedworked
Oil                   53 bbl  × $ 27.35 =     $1,450
Casinghead gas       140 Mcf  × $  2.36 =       $331

────────────────────────────────────────────────────
Month total                                   $1,781

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/O/19654 is the state's own key, not one this site invented.