COWAN-MCKINNEY -A-

Operated by WILLOWBEND INVESTMENTS, INC. (P-5 927665) 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 24179District 09Field 03446001OilCasinghead gasSaveExport
Value, all time
$454 k
Jan 1993 – Mar 2012
Value, last 12 filed months
$15 k
at the published price for each month
Months reported
231
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 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.

StreamBasisVolumeValue
OilDisposition13,674 bbl$454,308
Casinghead gasProduction94 Mcf$111
Total$454,419

66 Mcf of this lease's gas, across 46 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 (4)

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 33.6418, -98.7685. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.1 miles.

33.64172, -98.76850 · 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%
4 of 4 wells
With a plug date
100.0%
4 of 4 wells
Median depth
1,538 ft
4 wells filed one
Completion to plug
23.6 years
median over 4 wells

What the state filed about each well

On the RRC proration schedule
4100.0%
A plug date is filed
4100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
4100.0%
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 1,516 and 1,553 ft, median 1,538 ft, over the 4 wells that filed a depth.

Completions filed
Mar 1984 – Feb 2000
4 of 4 wells
Plug dates filed
Jul 2011
4 of 4 wells

Last completion to plug: a median of 23.6 years across the 4 wells that filed both dates, with the middle half between 18.5 years and 26.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

4 wells

42-0093824821,516 ftFeb 2000Jul 2011Yes
42-0094032651,531 ftSep 1990Jul 2011Yes
42-0093853031,545 ftApr 1985Jul 2011Yes
42-0093808911,553 ftMar 1984Jul 2011Yes

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 (231)

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

231 months

Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 201129096.873.24$2,809
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 2011121098.134.40$11,874
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 2010175078.103.51$13,668
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 2010173078.394.39$13,561
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 2009181067.423.22$12,203
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 2009182046.773.59$8,512
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 2008177055.496.86$9,822
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 20081300114.228.48$14,849
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 20081750123.1711.57$21,555
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 2008162090.388.21$14,642
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 2007168082.856.92$13,919
Sep 200753075.846.24$4,020
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 2007189062.007.55$11,718
May 20070058.747.85$0
Apr 2007105059.617.81$6,259
Mar 20070056.927.30$0
Feb 200754055.108.22$2,975
Jan 20070050.306.73$0
Dec 2006176056.656.92$9,970
Nov 20060054.207.62$0
Oct 200667054.906.01$3,678
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 2006172069.376.34$11,932
Jun 2006131066.286.38$8,683
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 2006187056.707.08$10,603
Feb 20060057.597.75$0
Jan 2006122060.598.93$7,392
Dec 20050054.9413.42$0
Nov 200542054.6910.59$2,297
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 2005133061.519.80$8,181
Jul 20050055.697.84$0
Jun 200553052.337.38$2,773
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 2005176050.377.15$8,865
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 2004189039.866.75$7,534
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 2004184043.245.28$7,956
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 2004124036.106.43$4,476
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 2004135032.455.51$4,381
Jan 20040032.036.30$0
Dec 200356030.266.30$1,695
Nov 20030028.804.60$0
Oct 200370028.174.76$1,972
Sep 2003133026.314.75$3,499
Aug 20030029.765.13$0
Jul 200342029.415.17$1,235
Jun 20030028.565.98$0
May 2003124026.595.97$3,297
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 2003105033.487.93$3,515
Jan 200387030.315.58$2,637
Dec 20020026.914.85$0
Nov 2002101024.664.14$2,491
Oct 20020026.464.23$0
Sep 200295027.443.64$2,607
Aug 200257025.963.16$1,480
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 200243024.663.58$1,060
Apr 200251023.653.51$1,206
Mar 200243022.003.10$946
Feb 200258018.222.38$1,057
Jan 20020017.172.38$0
Dec 200199116.932.36$1,678
Nov 200166118.072.41$1,195
Oct 2001104119.782.53$2,060
Sep 200191124.262.25$2,210
Aug 200196124.873.05$2,391
Jul 200181123.933.20$1,942
Jun 20010124.563.82$4
May 2001115125.524.31$2,939
Apr 2001134124.685.34$3,312
Mar 200164124.545.38$1,576
Feb 2001130127.755.77$3,613
Jan 20010127.478.40$8
Dec 200096126.889.12$2,590
Nov 200074132.215.66$2,389
Oct 200056131.235.15$1,754
Sep 200088131.875.19$2,810
Aug 200080129.644.54$2,376
Jul 2000105128.534.09$3,000
Jun 200076129.304.40$2,231
May 2000133127.263.68$3,629
Apr 200064124.513.12$1,572
Mar 200059128.422.86$1,680
Feb 2000128127.622.73$3,538
Jan 20000025.272.48$0
Dec 19990024.282.42$0
Nov 19990023.192.43$0
Oct 199923020.982.80$483
Sep 19990021.752.62$0
Aug 19990019.262.88$0
Jul 19990017.892.37$0
Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 19990012.471.84$0
Feb 1999009.981.82$0
Jan 19990010.381.90$0
Dec 1998009.201.77$0
Nov 19980010.892.19$0
Oct 19980012.421.97$0
Sep 19980012.592.08$0
Aug 19980011.301.91$0
Jul 19980011.742.24$0
Jun 19980011.242.24$0
May 19980012.622.21$0
Apr 19980013.042.51$0
Mar 19980012.802.31$0
Feb 19980013.952.30$0
Jan 19980014.702.15$0
Dec 19970016.322.41$0
Nov 19970018.193.09$0
Oct 19970019.253.15$0
Sep 19970017.742.95$0
Aug 19970017.862.55$0
Jul 19970017.582.25$0
Jun 19970017.242.26$0
May 199763118.972.31$1,197
Apr 1997136117.882.08$2,434
Mar 199795118.951.94$1,802
Feb 1997102120.492.21$2,092
Jan 1997123123.483.54$2,892
Dec 1996108123.32$2,519
Nov 199665121.97$1,428
Oct 199650123.31$1,166
Sep 1996207122.22$4,600
Aug 19960120.26$0
Jul 1996115119.55$2,248
Jun 1996132118.73$2,472
May 1996110119.43$2,137
Apr 1996124121.51$2,667
Mar 1996127119.38$2,461
Feb 1996130116.98$2,207
Jan 1996135117.07$2,304
Dec 1995134117.19$2,303
Nov 1995236116.00$3,776
Oct 1995183115.43$2,824
Sep 1995159016.18$2,573
Aug 1995132015.92$2,101
Jul 19950115.24$0
Jun 19950116.41$0
May 199589117.56$1,563
Apr 1995108117.73$1,915
Mar 1995107116.44$1,759
Feb 1995115116.58$1,907
Jan 1995124115.92$1,974
Dec 19941211115.03$1,819
Nov 19941281115.90$2,035
Oct 1994161115.58$2,508
Sep 1994173115.29$2,645
Aug 1994167116.13$2,694
Jul 1994168117.56$2,950
Jun 1994175117.09$2,991
May 1994166115.88$2,636
Apr 1994175114.14$2,475
Mar 1994124112.46$1,545
Feb 1994164112.50$2,050
Jan 1994156112.66$1,975
Dec 1993163112.33$2,010
Nov 1993167114.49$2,420
Oct 1993174115.85$2,758
Sep 1993142115.03$2,134
Aug 19930115.66$0
Jul 19930115.46$0
Jun 1993148116.79$2,485
May 1993160117.68$2,829
Apr 1993169118.05$3,050
Mar 1993124118.14$2,249
Feb 1993172117.90$3,079
Jan 1993176116.93$2,980

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.

Dec 2011 — as filed, then multipliedworked
Oil                   29 bbl  × $ 96.87 =     $2,809
Casinghead gas         0 Mcf  × $  3.24 =         $0

────────────────────────────────────────────────────
Month total                                   $2,809

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/24179 is the state's own key, not one this site invented.