COWAN MCKINNEY "R"

Operated by JDL OPERATING, LLC (P-5 430590) in the JEFFERSON, NE. (CADDO LIME) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 28267District 09Field 46058333OilCasinghead gasSaveExport
Value, all time
$1.2 M
Jan 1993 – Sep 2018
Value, last 12 filed months
$11 k
at the published price for each month
Months reported
309
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 16 leases and 38 wells, and the rule below applies to all of them.

Discovered
1955-11-26
as the register files it
Field class
Oil
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2012-11-06.

The Commission's schedule remark for this field reads: DOCKET ASSIGNED SPECIAL HORIZ.RULES & TAKE POINTS.

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
OilDisposition35,551 bbl$1,115,565
Casinghead gasProduction80,641 Mcf$100,557
Total$1,216,123

39,262 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 33.4944, -98.5706. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.49443, -98.57063 · 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
5,362 ft
1 wells filed one
Completion to plug
26.8 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 5,362 ft.

Completions filed
Oct 1991
1 of 1 wells
Plug dates filed
Aug 2018
1 of 1 wells

Last completion to plug: a median of 26.8 years across the 1 well that filed both dates, with the middle half between 26.8 years and 26.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-0094006515,362 ftOct 1991Aug 2018Yes

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 (309)

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

309 months

Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 2018172063.842.90$10,980
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 2017165045.373.26$7,486
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20162048.763.72$98
Nov 20161042.492.64$42
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 2016168033.011.79$5,546
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 2015169043.552.43$7,360
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 2015167042.892.93$7,163
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 2014171086.164.05$14,733
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 2014164095.944.81$15,734
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 2014174090.404.86$15,730
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 2013173097.423.78$16,854
Sep 201300104.113.72$0
Aug 20131650104.253.52$17,201
Jul 201300102.523.72$0
Jun 2013174094.403.93$16,426
May 20130094.834.15$0
Apr 2013175093.964.28$16,443
Mar 2013176093.623.91$16,477
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 2012172086.953.62$14,955
Oct 2012171089.383.40$15,284
Sep 20120094.672.92$0
Aug 2012176092.662.91$16,308
Jul 2012178085.133.02$15,153
Jun 20120079.822.52$0
May 2012171091.612.49$15,665
Apr 20121800101.652.00$18,297
Mar 201200105.052.22$0
Feb 20121770101.102.57$17,895
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 2011183095.723.31$17,517
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 2011155083.404.15$12,927
Jul 20110094.144.52$0
Jun 2011175092.904.64$16,258
May 2011170098.134.40$16,682
Apr 201100105.964.33$0
Mar 2011178096.364.06$17,152
Feb 20110085.644.18$0
Jan 2011173086.504.59$14,965
Dec 2010169085.734.35$14,488
Nov 20100080.843.80$0
Oct 2010172078.103.51$13,433
Sep 20100072.633.98$0
Aug 2010159073.684.42$11,715
Jul 2010181072.554.74$13,132
Jun 2010165070.364.91$11,609
May 20101071.124.24$71
Apr 20100081.694.12$0
Mar 20100078.394.39$0
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 20090067.423.22$0
Jul 20090061.133.46$0
Jun 2009148066.163.90$9,792
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 20081680131.3313.03$22,063
May 200800123.1711.57$0
Apr 20081640110.3110.45$18,091
Mar 200800101.909.66$0
Feb 2008170092.538.77$15,730
Jan 20080090.388.21$0
Dec 2007178088.337.30$15,723
Nov 20070091.677.29$0
Oct 2007168082.856.92$13,919
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 2007183070.906.39$12,975
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 2007179059.617.81$10,670
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 2006174056.656.92$9,857
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 2006171060.085.04$10,274
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 2006178066.286.38$11,798
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 2005162054.6910.59$8,860
Oct 20050058.3413.80$0
Sep 2005181061.4512.08$11,122
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 2005169045.226.65$7,642
Apr 20050049.207.36$0
Mar 2005174050.377.15$8,764
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 2004169039.866.75$6,736
Nov 20040045.286.33$0
Oct 2004180049.706.52$8,946
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 2004174038.286.08$6,661
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 2003162033.487.93$5,424
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20028025.963.16$208
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 2001177016.932.36$2,997
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 2001173025.524.31$4,415
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 2001180027.478.40$4,945
Dec 20000026.889.12$0
Nov 2000185032.215.66$5,959
Oct 20000031.235.15$0
Sep 2000183031.875.19$5,832
Aug 20000029.644.54$0
Jul 2000182028.534.09$5,192
Jun 20000029.304.40$0
May 20001801,04527.263.68$8,752
Apr 200001,02024.513.12$3,178
Mar 20001541,05428.422.86$7,391
Feb 2000098627.622.73$2,688
Jan 20001881,05425.272.48$7,365
Dec 19991811,05424.282.42$6,949
Nov 199901,02023.192.43$2,483
Oct 19991821,05420.982.80$6,773
Sep 19991831,02021.752.62$6,651
Aug 199901,05419.262.88$3,031
Jul 19991841,02317.892.37$5,719
Jun 199918399015.942.36$5,256
May 199901,02315.792.32$2,374
Apr 199918399015.102.21$4,949
Mar 199901,02312.471.84$1,881
Feb 19991809249.981.82$3,476
Jan 199918799210.381.90$3,826
Dec 19981871,0239.201.77$3,535
Nov 199818699010.892.19$4,189
Oct 199801,02312.421.97$2,015
Sep 199817799012.592.08$4,290
Aug 19981841,02311.301.91$4,030
Jul 199818299211.742.24$4,356
Jun 199818296011.242.24$4,193
May 1998099212.622.21$2,189
Apr 199817696013.042.51$4,700
Mar 199817796112.802.31$4,485
Feb 199818889613.952.30$4,683
Jan 19981821,04514.702.15$4,927
Dec 19971851,01416.322.41$5,464
Nov 199701,00018.193.09$3,088
Oct 19971821,02419.253.15$6,729
Sep 199717999017.742.95$6,101
Aug 19971831,02317.862.55$5,882
Jul 19971811,02317.582.25$5,481
Jun 199718199017.242.26$5,355
May 19971841,02918.972.31$5,866
Apr 19973671,02017.882.08$8,686
Mar 199701,07918.951.94$2,092
Feb 199736595220.492.21$9,579
Jan 19971851,05423.483.54$8,075
Dec 19961861,17823.32$4,338
Nov 19961881,14021.97$4,130
Oct 19961851,20923.31$4,312
Sep 19961851,17822.22$4,111
Aug 19961781,20920.26$3,606
Jul 19962231,17819.55$4,360
Jun 19963231,14018.73$6,050
May 19961831,17819.43$3,556
Apr 19961821,14021.51$3,915
Mar 19963721,16919.38$7,209
Feb 19961851,10116.98$3,141
Jan 19963451,16917.07$5,889
Dec 19953731,17817.19$6,412
Nov 19953681,14016.00$5,888
Oct 19951811,24015.43$2,793
Sep 19951711,26516.18$2,767
Aug 19951561,30215.92$2,484
Jul 19953321,33315.24$5,060
Jun 19951841,29016.41$3,019
May 19953281,33317.56$5,760
Apr 19953721,29017.73$6,596
Mar 19953321,33316.44$5,458
Feb 19953371,20416.58$5,587
Jan 19953571,32015.92$5,683
Dec 19943731,33315.03$5,606
Nov 19944981,29015.90$7,918
Oct 19945061,33315.58$7,883
Sep 199436920015.29$5,642
Aug 199452223916.13$8,420
Jul 199432823517.56$5,760
Jun 199454623617.09$9,331
May 199452025015.88$8,258
Apr 199454624714.14$7,720
Mar 199453328012.46$6,641
Feb 199458127812.50$7,263
Jan 199449526212.66$6,267
Dec 199356128512.33$6,917
Nov 199355125614.49$7,984
Oct 199357731415.85$9,145
Sep 199360430615.03$9,078
Aug 199379532515.66$12,450
Jul 199352632315.46$8,132
Jun 199378632716.79$13,197
May 199379738017.68$14,091
Apr 199374042718.05$13,357
Mar 199369034418.14$12,517
Feb 199366526317.90$11,904
Jan 199355631216.93$9,413

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 2018 — as filed, then multipliedworked
Oil                  172 bbl  × $ 63.84 =    $10,980
Casinghead gas         0 Mcf  × $  2.90 =         $0

────────────────────────────────────────────────────
Month total                                  $10,980

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/28267 is the state's own key, not one this site invented.