COWAN & MCKINNEY 148

Name: COWAN & MCKINNEY 148 lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by WILLOWBEND INVESTMENTS, INC. (P-5 927665) in the HULL-SILK-SIKES (3800) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 28456District 09Field 43431700OilCasinghead gasSave Export

Value, all time

$928 k

Jan 1993 – May 2017

Value, last 12 filed months

$3 k

at the published price for each month

Months reported

293

no gaps in the span

Streams

oil, casinghead gas

The HULL-SILK-SIKES (3800) 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 31 leases and 80 wells, and the rule below applies to all of them.

Discovered

1973-06-01

as the register files it

Field class

Oil

the register's own label

Between wells

660 ft

minimum

From a lease line

330 ft

minimum

A drilling unit in this field needs at least 20 acres.

The Commission's schedule remark for this field reads: “RRC LETTER DATED 1/23/73.”

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	21,382 bbl	$707,637
Casinghead gas	Production	49,060 Mcf	$219,999
Total			$927,636

3,975 Mcf of this lease's gas, across 43 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 33.6675, -98.7486. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.66753, -98.74862 · 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%

1 of 1 wells

With a plug date

100.0%

1 of 1 wells

Median depth

4,920 ft

1 wells filed one

Completion to plug

24.6 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 4,920 ft.

Completions filed

Aug 1992

1 of 1 wells

Plug dates filed

Mar 2017

1 of 1 wells

Last completion to plug: a median of 24.6 years across the 1 well that filed both dates, with the middle half between 24.6 years and 24.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-00940600	2	4,920 ft	Aug 1992	Mar 2017	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 (293)

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

293 months


May 2017	0	0	45.37	3.26	$0
Apr 2017	0	0	47.93	3.21	$0
Mar 2017	63	0	46.77	2.98	$2,947
Feb 2017	0	0	50.45	2.95	$0
Jan 2017	0	0	49.41	3.42	$0
Dec 2016	0	0	48.76	3.72	$0
Nov 2016	0	0	42.49	2.64	$0
Oct 2016	0	0	46.19	3.09	$0
Sep 2016	0	0	41.55	3.10	$0
Aug 2016	0	0	41.44	2.92	$0
Jul 2016	0	4	41.62	2.92	$12
Jun 2016	0	19	45.35	2.69	$51
May 2016	0	34	42.52	1.99	$68
Apr 2016	0	25	36.56	1.99	$50
Mar 2016	0	35	33.01	1.79	$63
Feb 2016	0	0	26.47	2.06	$0
Jan 2016	0	14	27.35	2.36	$33
Dec 2015	162	49	32.36	2.00	$5,340
Nov 2015	0	56	38.79	2.17	$121
Oct 2015	0	56	43.55	2.43	$136
Sep 2015	0	56	42.99	2.76	$154
Aug 2015	0	0	40.16	2.87	$0
Jul 2015	0	0	48.15	2.95	$0
Jun 2015	0	41	56.15	2.88	$118
May 2015	0	41	55.21	2.96	$121
Apr 2015	0	77	49.82	2.71	$208
Mar 2015	0	30	42.89	2.93	$88
Feb 2015	170	61	44.66	2.98	$7,774
Jan 2015	0	54	43.43	3.10	$167
Dec 2014	0	0	54.69	3.59	$0
Nov 2014	0	0	70.46	4.25	$0
Oct 2014	0	28	78.30	3.90	$109
Sep 2014	0	54	86.16	4.05	$218
Aug 2014	156	58	89.39	4.04	$14,179
Jul 2014	0	51	96.56	4.18	$213
Jun 2014	0	60	98.16	4.74	$284
May 2014	0	64	94.73	4.73	$303
Apr 2014	0	70	95.94	4.81	$337
Mar 2014	0	29	95.89	5.06	$147
Feb 2014	0	64	97.40	6.19	$396
Jan 2014	280	60	90.40	4.86	$25,604
Dec 2013	0	249	91.82	4.35	$1,084
Nov 2013	0	395	88.85	3.74	$1,477
Oct 2013	0	130	97.42	3.78	$491
Sep 2013	0	228	104.11	3.72	$848
Aug 2013	0	176	104.25	3.52	$620
Jul 2013	0	32	102.52	3.72	$119
Jun 2013	0	141	94.40	3.93	$555
May 2013	174	202	94.83	4.15	$17,339
Apr 2013	0	186	93.96	4.28	$797
Mar 2013	0	208	93.62	3.91	$814
Feb 2013	0	182	91.23	3.42	$622
Jan 2013	0	143	91.60	3.42	$489
Dec 2012	157	168	86.77	3.42	$14,197
Nov 2012	0	187	86.95	3.62	$678
Oct 2012	0	273	89.38	3.40	$928
Sep 2012	0	65	94.67	2.92	$190
Aug 2012	0	180	92.66	2.91	$523
Jul 2012	168	205	85.13	3.02	$14,921
Jun 2012	0	245	79.82	2.52	$617
May 2012	0	33	91.61	2.49	$82
Apr 2012	0	239	101.65	2.00	$477
Mar 2012	169	164	105.05	2.22	$18,118
Feb 2012	0	119	101.10	2.57	$306
Jan 2012	174	160	98.09	2.73	$17,505
Dec 2011	0	67	96.87	3.24	$217
Nov 2011	0	99	95.72	3.31	$328
Oct 2011	0	110	84.98	3.65	$401
Sep 2011	0	114	83.62	3.99	$454
Aug 2011	171	178	83.40	4.15	$15,000
Jul 2011	0	226	94.14	4.52	$1,021
Jun 2011	0	251	92.90	4.64	$1,165
May 2011	0	124	98.13	4.40	$546
Apr 2011	181	120	105.96	4.33	$19,699
Mar 2011	0	126	96.36	4.06	$511
Feb 2011	0	99	85.64	4.18	$414
Jan 2011	0	104	86.50	4.59	$477
Dec 2010	175	157	85.73	4.35	$15,685
Nov 2010	0	148	80.84	3.80	$562
Oct 2010	0	163	78.10	3.51	$572
Sep 2010	0	101	72.63	3.98	$402
Aug 2010	174	102	73.68	4.42	$13,271
Jul 2010	0	137	72.55	4.74	$649
Jun 2010	0	141	70.36	4.91	$692
May 2010	0	123	71.12	4.24	$521
Apr 2010	180	148	81.69	4.12	$15,314
Mar 2010	0	149	78.39	4.39	$654
Feb 2010	0	127	73.58	5.44	$691
Jan 2010	0	142	74.36	5.96	$847
Dec 2009	0	115	71.44	5.48	$631
Nov 2009	175	133	74.59	3.75	$13,552
Oct 2009	0	128	72.54	4.11	$526
Sep 2009	0	137	65.54	3.06	$420
Aug 2009	0	152	67.42	3.22	$489
Jul 2009	165	161	61.13	3.46	$10,644
Jun 2009	0	129	66.16	3.90	$502
May 2009	0	121	54.74	3.93	$475
Apr 2009	0	142	46.77	3.59	$509
Mar 2009	169	116	42.14	4.06	$7,593
Feb 2009	0	109	32.81	4.63	$505
Jan 2009	0	65	35.86	5.37	$349
Dec 2008	174	3	37.10	5.98	$6,473
Nov 2008	0	172	55.49	6.86	$1,180
Oct 2008	0	182	75.24	6.92	$1,260
Sep 2008	0	179	101.76	7.88	$1,410
Aug 2008	175	182	114.22	8.48	$21,532
Jul 2008	0	191	131.08	11.39	$2,175
Jun 2008	0	202	131.33	13.03	$2,633
May 2008	0	196	123.17	11.57	$2,269
Apr 2008	168	206	110.31	10.45	$20,686
Mar 2008	0	219	101.90	9.66	$2,116
Feb 2008	0	55	92.53	8.77	$482
Jan 2008	171	211	90.38	8.21	$17,186
Dec 2007	0	235	88.33	7.30	$1,716
Nov 2007	0	279	91.67	7.29	$2,034
Oct 2007	163	239	82.85	6.92	$15,159
Sep 2007	0	114	75.84	6.24	$712
Aug 2007	0	183	69.06	6.39	$1,169
Jul 2007	0	287	70.90	6.39	$1,833
Jun 2007	172	220	62.00	7.55	$12,325
May 2007	0	231	58.74	7.85	$1,812
Apr 2007	0	199	59.61	7.81	$1,553
Mar 2007	0	193	56.92	7.30	$1,409
Feb 2007	177	179	55.10	8.22	$11,223
Jan 2007	0	194	50.30	6.73	$1,305
Dec 2006	0	194	56.65	6.92	$1,342
Nov 2006	179	241	54.20	7.62	$11,538
Oct 2006	0	217	54.90	6.01	$1,305
Sep 2006	0	216	60.08	5.04	$1,088
Aug 2006	0	203	68.71	7.34	$1,490
Jul 2006	0	173	69.37	6.34	$1,097
Jun 2006	0	217	66.28	6.38	$1,385
May 2006	0	282	66.01	6.42	$1,812
Apr 2006	172	268	64.39	7.36	$13,048
Mar 2006	0	313	56.70	7.08	$2,217
Feb 2006	0	274	57.59	7.75	$2,124
Jan 2006	0	254	60.59	8.93	$2,269
Dec 2005	170	287	54.94	13.42	$13,190
Nov 2005	0	202	54.69	10.59	$2,139
Oct 2005	0	235	58.34	13.80	$3,242
Sep 2005	173	427	61.45	12.08	$15,789
Aug 2005	172	386	61.51	9.80	$14,361
Jul 2005	0	585	55.69	7.84	$4,589
Jun 2005	0	381	52.33	7.38	$2,812
May 2005	171	498	45.22	6.65	$11,045
Apr 2005	0	608	49.20	7.36	$4,475
Mar 2005	0	696	50.37	7.15	$4,980
Feb 2005	0	521	45.22	6.31	$3,289
Jan 2005	178	250	43.16	6.32	$9,263
Dec 2004	0	223	39.86	6.75	$1,505
Nov 2004	0	0	45.28	6.33	$0
Oct 2004	0	59	49.70	6.52	$384
Sep 2004	0	170	43.24	5.28	$898
Aug 2004	175	129	42.37	5.55	$8,131
Jul 2004	0	167	38.28	6.08	$1,016
Jun 2004	0	169	36.10	6.43	$1,087
May 2004	0	175	37.48	6.49	$1,137
Apr 2004	169	175	34.47	5.86	$6,851
Mar 2004	0	164	34.36	5.53	$907
Feb 2004	170	164	32.45	5.51	$6,420
Jan 2004	0	171	32.03	6.30	$1,077
Dec 2003	0	193	30.26	6.30	$1,216
Nov 2003	186	178	28.80	4.60	$6,175
Oct 2003	0	210	28.17	4.76	$1,000
Sep 2003	0	189	26.31	4.75	$898
Aug 2003	0	179	29.76	5.13	$918
Jul 2003	182	188	29.41	5.17	$6,325
Jun 2003	0	171	28.56	5.98	$1,023
May 2003	0	220	26.59	5.97	$1,314
Apr 2003	176	220	26.67	5.41	$5,884
Mar 2003	0	220	31.14	6.10	$1,341
Feb 2003	0	216	33.48	7.93	$1,712
Jan 2003	176	204	30.31	5.58	$6,473
Dec 2002	0	22	26.91	4.85	$107
Nov 2002	0	175	24.66	4.14	$724
Oct 2002	173	175	26.46	4.23	$5,318
Sep 2002	0	222	27.44	3.64	$807
Aug 2002	0	223	25.96	3.16	$706
Jul 2002	0	223	24.58	3.06	$683
Jun 2002	177	176	23.73	3.34	$4,788
May 2002	0	207	24.66	3.58	$742
Apr 2002	0	189	23.65	3.51	$664
Mar 2002	174	165	22.00	3.10	$4,340
Feb 2002	0	179	18.22	2.38	$425
Jan 2002	0	210	17.17	2.38	$499
Dec 2001	177	163	16.93	2.36	$3,382
Nov 2001	0	168	18.07	2.41	$404
Oct 2001	181	212	19.78	2.53	$4,116
Sep 2001	0	213	24.26	2.25	$480
Aug 2001	0	168	24.87	3.05	$513
Jul 2001	172	0	23.93	3.20	$4,116
Jun 2001	0	263	24.56	3.82	$1,006
May 2001	0	292	25.52	4.31	$1,258
Apr 2001	165	270	24.68	5.34	$5,513
Mar 2001	170	258	24.54	5.38	$5,559
Feb 2001	0	248	27.75	5.77	$1,430
Jan 2001	176	242	27.47	8.40	$6,867
Dec 2000	0	234	26.88	9.12	$2,135
Nov 2000	0	238	32.21	5.66	$1,347
Oct 2000	0	262	31.23	5.15	$1,348
Sep 2000	173	137	31.87	5.19	$6,224
Aug 2000	0	370	29.64	4.54	$1,680
Jul 2000	167	314	28.53	4.09	$6,049
Jun 2000	0	53	29.30	4.40	$233
May 2000	170	279	27.26	3.68	$5,661
Apr 2000	0	401	24.51	3.12	$1,250
Mar 2000	172	426	28.42	2.86	$6,106
Feb 2000	0	416	27.62	2.73	$1,134
Jan 2000	174	407	25.27	2.48	$5,407
Dec 1999	171	335	24.28	2.42	$4,964
Nov 1999	0	329	23.19	2.43	$801
Oct 1999	173	434	20.98	2.80	$4,846
Sep 1999	0	539	21.75	2.62	$1,412
Aug 1999	342	461	19.26	2.88	$7,913
Jul 1999	0	295	17.89	2.37	$700
Jun 1999	0	225	15.94	2.36	$531
May 1999	151	138	15.79	2.32	$2,705
Apr 1999	0	0	15.10	2.21	$0
Mar 1999	0	0	12.47	1.84	$0
Feb 1999	0	1	9.98	1.82	$2
Jan 1999	0	141	10.38	1.90	$268
Dec 1998	0	161	9.20	1.77	$286
Nov 1998	0	330	10.89	2.19	$721
Oct 1998	173	421	12.42	1.97	$2,978
Sep 1998	177	499	12.59	2.08	$3,268
Aug 1998	0	282	11.30	1.91	$538
Jul 1998	171	320	11.74	2.24	$2,723
Jun 1998	175	297	11.24	2.24	$2,631
May 1998	0	365	12.62	2.21	$805
Apr 1998	175	264	13.04	2.51	$2,943
Mar 1998	183	297	12.80	2.31	$3,028
Feb 1998	178	410	13.95	2.30	$3,426
Jan 1998	0	443	14.70	2.15	$955
Dec 1997	187	420	16.32	2.41	$4,065
Nov 1997	179	515	18.19	3.09	$4,846
Oct 1997	181	231	19.25	3.15	$4,212
Sep 1997	175	265	17.74	2.95	$3,888
Aug 1997	168	313	17.86	2.55	$3,800
Jul 1997	181	350	17.58	2.25	$3,968
Jun 1997	353	224	17.24	2.26	$6,591
May 1997	0	146	18.97	2.31	$337
Apr 1997	179	126	17.88	2.08	$3,463
Mar 1997	0	140	18.95	1.94	$271
Feb 1997	176	128	20.49	2.21	$3,889
Jan 1997	0	143	23.48	3.54	$506
Dec 1996	191	149	23.32	—	$4,454
Nov 1996	176	139	21.97	—	$3,867
Oct 1996	179	160	23.31	—	$4,172
Sep 1996	0	155	22.22	—	$0
Aug 1996	183	156	20.26	—	$3,708
Jul 1996	0	181	19.55	—	$0
Jun 1996	176	165	18.73	—	$3,296
May 1996	182	173	19.43	—	$3,536
Apr 1996	179	167	21.51	—	$3,850
Mar 1996	181	166	19.38	—	$3,508
Feb 1996	0	143	16.98	—	$0
Jan 1996	179	142	17.07	—	$3,056
Dec 1995	184	155	17.19	—	$3,163
Nov 1995	178	163	16.00	—	$2,848
Oct 1995	182	163	15.43	—	$2,808
Sep 1995	181	172	16.18	—	$2,929
Aug 1995	182	174	15.92	—	$2,897
Jul 1995	178	180	15.24	—	$2,713
Jun 1995	421	215	16.41	—	$6,909
May 1995	182	192	17.56	—	$3,196
Apr 1995	170	235	17.73	—	$3,014
Mar 1995	360	171	16.44	—	$5,918
Feb 1995	365	0	16.58	—	$6,052
Jan 1995	0	0	15.92	—	$0
Dec 1994	0	0	15.03	—	$0
Nov 1994	176	0	15.90	—	$2,798
Oct 1994	172	0	15.58	—	$2,680
Sep 1994	167	1	15.29	—	$2,553
Aug 1994	181	1	16.13	—	$2,920
Jul 1994	0	1	17.56	—	$0
Jun 1994	180	1	17.09	—	$3,076
May 1994	183	15	15.88	—	$2,906
Apr 1994	175	15	14.14	—	$2,475
Mar 1994	173	15	12.46	—	$2,156
Feb 1994	169	15	12.50	—	$2,113
Jan 1994	165	15	12.66	—	$2,089
Dec 1993	0	15	12.33	—	$0
Nov 1993	343	15	14.49	—	$4,970
Oct 1993	177	15	15.85	—	$2,805
Sep 1993	175	15	15.03	—	$2,630
Aug 1993	339	15	15.66	—	$5,309
Jul 1993	188	15	15.46	—	$2,906
Jun 1993	177	15	16.79	—	$2,972
May 1993	178	15	17.68	—	$3,147
Apr 1993	181	15	18.05	—	$3,267
Mar 1993	170	15	18.14	—	$3,084
Feb 1993	178	15	17.90	—	$3,186
Jan 1993	345	15	16.93	—	$5,841

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.

Mar 2017 — as filed, then multipliedworked

Oil                   63 bbl  × $ 46.77 =     $2,947
Casinghead gas         0 Mcf  × $  2.98 =         $0

────────────────────────────────────────────────────
Month total                                   $2,947

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/28456 is the state's own key, not one this site invented.