COWAN-MCKINNEY "L"

Name: COWAN-MCKINNEY "L" lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by EFFICIENCY OPERATING COMPANY (P-5 245641) in the ARCHER COUNTY REGULAR field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 23776District 09Field 03446001OilCasinghead gasSave Export

Value, all time

$98 k

Jan 1993 – Mar 2008

Value, last 12 filed months

at the published price for each month

Months reported

183

no gaps in the span

Streams

oil, casinghead gas

The ARCHER COUNTY REGULAR 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 2,166 leases and 11,249 wells, and the rule below applies to all of them.

Discovered

1911-12-31

as the register files it

Field class

Oil and gas

the register's own label

Between wells

—

no field rule filed

From a lease line

—

no field rule filed

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	5,162 bbl	$98,067
Casinghead gas	Production	104 Mcf	$184
Total			$98,251

45 Mcf of this lease's gas, across 45 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 (5)

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 33.6406, -98.7176. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

33.64077, -98.71769 · 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%

5 of 5 wells

With a plug date

100.0%

5 of 5 wells

Median depth

1,549 ft

5 wells filed one

Completion to plug

18.4 years

median over 5 wells

What the state filed about each well

On the RRC proration schedule

5100.0%

A plug date is filed

5100.0%

BothOn the schedule and plugged. Neither fact cancels the other.

5100.0%

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 1,307 and 1,587 ft, median 1,549 ft, over the 5 wells that filed a depth.

Completions filed

Nov 1983 – Aug 2001

5 of 5 wells

Plug dates filed

Dec 2006

5 of 5 wells

Last completion to plug: a median of 18.4 years across the 5 wells that filed both dates, with the middle half between 13.6 years and 23.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

5 wells


42-00938010	3	1,587 ft	Aug 2001	Dec 2006	Yes
42-00938688	4	1,359 ft	May 1993	Dec 2006	Yes
42-00939976	5	1,307 ft	Jul 1988	Dec 2006	Yes
42-00937851	2	1,549 ft	Nov 1983	Dec 2006	Yes
42-00937341	1	1,560 ft	Nov 1983	Dec 2006	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 (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 2008	0	0	101.90	9.66	$0
Feb 2008	0	0	92.53	8.77	$0
Jan 2008	0	0	90.38	8.21	$0
Dec 2007	0	0	88.33	7.30	$0
Nov 2007	0	0	91.67	7.29	$0
Oct 2007	0	0	82.85	6.92	$0
Sep 2007	0	0	75.84	6.24	$0
Aug 2007	0	0	69.06	6.39	$0
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	176	0	50.30	6.73	$8,853
Dec 2006	0	0	56.65	6.92	$0
Nov 2006	0	0	54.20	7.62	$0
Oct 2006	0	0	54.90	6.01	$0
Sep 2006	0	0	60.08	5.04	$0
Aug 2006	0	0	68.71	7.34	$0
Jul 2006	0	0	69.37	6.34	$0
Jun 2006	0	0	66.28	6.38	$0
May 2006	0	0	66.01	6.42	$0
Apr 2006	0	0	64.39	7.36	$0
Mar 2006	0	0	56.70	7.08	$0
Feb 2006	0	0	57.59	7.75	$0
Jan 2006	0	0	60.59	8.93	$0
Dec 2005	0	0	54.94	13.42	$0
Nov 2005	0	0	54.69	10.59	$0
Oct 2005	0	0	58.34	13.80	$0
Sep 2005	0	0	61.45	12.08	$0
Aug 2005	0	0	61.51	9.80	$0
Jul 2005	0	0	55.69	7.84	$0
Jun 2005	0	0	52.33	7.38	$0
May 2005	0	0	45.22	6.65	$0
Apr 2005	0	0	49.20	7.36	$0
Mar 2005	0	0	50.37	7.15	$0
Feb 2005	0	0	45.22	6.31	$0
Jan 2005	0	0	43.16	6.32	$0
Dec 2004	0	0	39.86	6.75	$0
Nov 2004	0	0	45.28	6.33	$0
Oct 2004	0	0	49.70	6.52	$0
Sep 2004	0	0	43.24	5.28	$0
Aug 2004	0	0	42.37	5.55	$0
Jul 2004	0	0	38.28	6.08	$0
Jun 2004	0	0	36.10	6.43	$0
May 2004	0	0	37.48	6.49	$0
Apr 2004	0	0	34.47	5.86	$0
Mar 2004	0	0	34.36	5.53	$0
Feb 2004	0	0	32.45	5.51	$0
Jan 2004	0	0	32.03	6.30	$0
Dec 2003	0	0	30.26	6.30	$0
Nov 2003	0	0	28.80	4.60	$0
Oct 2003	0	0	28.17	4.76	$0
Sep 2003	0	0	26.31	4.75	$0
Aug 2003	0	0	29.76	5.13	$0
Jul 2003	0	0	29.41	5.17	$0
Jun 2003	0	0	28.56	5.98	$0
May 2003	0	0	26.59	5.97	$0
Apr 2003	0	0	26.67	5.41	$0
Mar 2003	0	0	31.14	6.10	$0
Feb 2003	0	0	33.48	7.93	$0
Jan 2003	0	0	30.31	5.58	$0
Dec 2002	0	0	26.91	4.85	$0
Nov 2002	0	0	24.66	4.14	$0
Oct 2002	0	0	26.46	4.23	$0
Sep 2002	0	0	27.44	3.64	$0
Aug 2002	0	0	25.96	3.16	$0
Jul 2002	0	0	24.58	3.06	$0
Jun 2002	0	0	23.73	3.34	$0
May 2002	0	0	24.66	3.58	$0
Apr 2002	0	0	23.65	3.51	$0
Mar 2002	0	0	22.00	3.10	$0
Feb 2002	0	1	18.22	2.38	$2
Jan 2002	0	1	17.17	2.38	$2
Dec 2001	0	1	16.93	2.36	$2
Nov 2001	0	1	18.07	2.41	$2
Oct 2001	0	1	19.78	2.53	$3
Sep 2001	0	1	24.26	2.25	$2
Aug 2001	0	0	24.87	3.05	$0
Jul 2001	0	1	23.93	3.20	$3
Jun 2001	0	1	24.56	3.82	$4
May 2001	0	1	25.52	4.31	$4
Apr 2001	0	1	24.68	5.34	$5
Mar 2001	0	1	24.54	5.38	$5
Feb 2001	0	1	27.75	5.77	$6
Jan 2001	0	1	27.47	8.40	$8
Dec 2000	0	1	26.88	9.12	$9
Nov 2000	114	1	32.21	5.66	$3,678
Oct 2000	0	1	31.23	5.15	$5
Sep 2000	0	1	31.87	5.19	$5
Aug 2000	0	1	29.64	4.54	$5
Jul 2000	118	1	28.53	4.09	$3,371
Jun 2000	0	1	29.30	4.40	$4
May 2000	0	1	27.26	3.68	$4
Apr 2000	0	1	24.51	3.12	$3
Mar 2000	0	1	28.42	2.86	$3
Feb 2000	0	1	27.62	2.73	$3
Jan 2000	115	1	25.27	2.48	$2,909
Dec 1999	0	1	24.28	2.42	$2
Nov 1999	181	1	23.19	2.43	$4,200
Oct 1999	0	1	20.98	2.80	$3
Sep 1999	81	1	21.75	2.62	$1,764
Aug 1999	0	1	19.26	2.88	$3
Jul 1999	0	1	17.89	2.37	$2
Jun 1999	0	1	15.94	2.36	$2
May 1999	0	1	15.79	2.32	$2
Apr 1999	0	0	15.10	2.21	$0
Mar 1999	0	1	12.47	1.84	$2
Feb 1999	0	1	9.98	1.82	$2
Jan 1999	0	1	10.38	1.90	$2
Dec 1998	0	1	9.20	1.77	$2
Nov 1998	103	1	10.89	2.19	$1,124
Oct 1998	0	1	12.42	1.97	$2
Sep 1998	0	0	12.59	2.08	$0
Aug 1998	0	1	11.30	1.91	$2
Jul 1998	0	1	11.74	2.24	$2
Jun 1998	0	1	11.24	2.24	$2
May 1998	99	1	12.62	2.21	$1,252
Apr 1998	0	1	13.04	2.51	$3
Mar 1998	0	1	12.80	2.31	$2
Feb 1998	0	1	13.95	2.30	$2
Jan 1998	99	1	14.70	2.15	$1,457
Dec 1997	0	1	16.32	2.41	$2
Nov 1997	96	1	18.19	3.09	$1,749
Oct 1997	108	1	19.25	3.15	$2,082
Sep 1997	0	1	17.74	2.95	$3
Aug 1997	97	1	17.86	2.55	$1,735
Jul 1997	77	1	17.58	2.25	$1,356
Jun 1997	128	1	17.24	2.26	$2,209
May 1997	0	1	18.97	2.31	$2
Apr 1997	0	1	17.88	2.08	$2
Mar 1997	129	1	18.95	1.94	$2,446
Feb 1997	0	1	20.49	2.21	$2
Jan 1997	0	1	23.48	3.54	$4
Dec 1996	131	1	23.32	—	$3,055
Nov 1996	0	1	21.97	—	$0
Oct 1996	0	1	23.31	—	$0
Sep 1996	122	1	22.22	—	$2,711
Aug 1996	0	1	20.26	—	$0
Jul 1996	128	1	19.55	—	$2,502
Jun 1996	0	0	18.73	—	$0
May 1996	0	1	19.43	—	$0
Apr 1996	0	1	21.51	—	$0
Mar 1996	166	1	19.38	—	$3,217
Feb 1996	129	1	16.98	—	$2,190
Jan 1996	0	1	17.07	—	$0
Dec 1995	128	1	17.19	—	$2,200
Nov 1995	181	1	16.00	—	$2,896
Oct 1995	0	1	15.43	—	$0
Sep 1995	0	1	16.18	—	$0
Aug 1995	130	1	15.92	—	$2,070
Jul 1995	0	1	15.24	—	$0
Jun 1995	129	1	16.41	—	$2,117
May 1995	0	0	17.56	—	$0
Apr 1995	115	1	17.73	—	$2,039
Mar 1995	0	1	16.44	—	$0
Feb 1995	132	1	16.58	—	$2,189
Jan 1995	134	1	15.92	—	$2,133
Dec 1994	126	1	15.03	—	$1,894
Nov 1994	128	1	15.90	—	$2,035
Oct 1994	0	1	15.58	—	$0
Sep 1994	110	1	15.29	—	$1,682
Aug 1994	0	1	16.13	—	$0
Jul 1994	121	1	17.56	—	$2,125
Jun 1994	0	0	17.09	—	$0
May 1994	0	1	15.88	—	$0
Apr 1994	0	1	14.14	—	$0
Mar 1994	145	1	12.46	—	$1,807
Feb 1994	0	1	12.50	—	$0
Jan 1994	161	1	12.66	—	$2,038
Dec 1993	0	1	12.33	—	$0
Nov 1993	150	1	14.49	—	$2,174
Oct 1993	0	1	15.85	—	$0
Sep 1993	126	1	15.03	—	$1,894
Aug 1993	0	1	15.66	—	$0
Jul 1993	132	1	15.46	—	$2,041
Jun 1993	0	1	16.79	—	$0
May 1993	128	1	17.68	—	$2,263
Apr 1993	146	1	18.05	—	$2,635
Mar 1993	172	1	18.14	—	$3,120
Feb 1993	0	1	17.90	—	$0
Jan 1993	171	1	16.93	—	$2,895

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 2007 — as filed, then multipliedworked

Oil                  176 bbl  × $ 50.30 =     $8,853
Casinghead gas         0 Mcf  × $  6.73 =         $0

────────────────────────────────────────────────────
Month total                                   $8,853

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/23776 is the state's own key, not one this site invented.