COWAN & MCKINNEY 153

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

Oil lease lease 28739District 09Field 40632333OilCasinghead gasSaveExport
Value, all time
$1.5 M
Dec 1993 – May 2017
Value, last 12 filed months
$3 k
at the published price for each month
Months reported
282
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 5 leases and 16 wells, and the rule below applies to all of them.

Discovered
1959-07-31
as the register files it
Field class
Oil
the register's own label
Between wells
933 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres.

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
OilDisposition34,737 bbl$839,376
Casinghead gasProduction244,777 Mcf$674,135
Total$1,513,511

63,881 Mcf of this lease's gas, across 37 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 33.6494, -98.7631. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.64936, -98.76308 · 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
2,450 ft
1 wells filed one
Completion to plug
8 months
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 2,450 ft.

Completions filed
Feb 2019
1 of 1 wells
Plug dates filed
Oct 2019
1 of 1 wells

Last completion to plug: a median of 8 months across the 1 well that filed both dates, with the middle half between 8 months and 8 months. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-0094081311532,450 ftFeb 2019Oct 2019Yes

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 (282)

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

282 months

May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 201771046.772.98$3,321
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 201601641.622.92$47
Jun 201604445.352.69$118
May 20161763342.521.99$7,549
Apr 201604436.561.99$88
Mar 201602133.011.79$38
Feb 201608226.472.06$169
Jan 201603627.352.36$85
Dec 201504932.362.00$98
Nov 201505138.792.17$111
Oct 201502643.552.43$63
Sep 201506942.992.76$190
Aug 201507240.162.87$207
Jul 201509248.152.95$271
Jun 20151706756.152.88$9,739
May 201506755.212.96$198
Apr 201508949.822.71$241
Mar 201506042.892.93$176
Feb 201506844.662.98$202
Jan 201506843.433.10$211
Dec 201404854.693.59$172
Nov 201404870.464.25$204
Oct 20141739178.303.90$13,901
Sep 201406686.164.05$267
Aug 201408889.394.04$355
Jul 201406996.564.18$288
Jun 201407198.164.74$336
May 201406094.734.73$284
Apr 201407195.944.81$341
Mar 201416910495.895.06$16,731
Feb 201408897.406.19$545
Jan 201408490.404.86$408
Dec 2013010391.824.35$449
Nov 201308888.853.74$329
Oct 2013013497.423.78$506
Sep 20130124104.113.72$461
Aug 2013173147104.253.52$18,553
Jul 20130152102.523.72$565
Jun 2013017194.403.93$673
May 2013019594.834.15$809
Apr 2013018493.964.28$788
Mar 2013013993.623.91$544
Feb 2013014091.233.42$479
Jan 2013022591.603.42$769
Dec 2012025086.773.42$855
Nov 201216430786.953.62$15,373
Oct 2012030689.383.40$1,040
Sep 2012029294.672.92$852
Aug 2012030892.662.91$896
Jul 2012027985.133.02$843
Jun 2012028179.822.52$708
May 2012025191.612.49$625
Apr 20120252101.652.00$503
Mar 20120291105.052.22$647
Feb 2012171292101.102.57$18,039
Jan 2012023098.092.73$629
Dec 2011017296.873.24$557
Nov 2011018195.723.31$599
Oct 2011018584.983.65$675
Sep 2011016783.623.99$666
Aug 2011020483.404.15$846
Jul 201117622894.144.52$17,599
Jun 2011020392.904.64$942
May 2011020398.134.40$894
Apr 20110195105.964.33$845
Mar 2011021096.364.06$852
Feb 2011015885.644.18$660
Jan 2011025286.504.59$1,156
Dec 201017123185.734.35$15,664
Nov 2010023980.843.80$907
Oct 2010026678.103.51$933
Sep 2010014572.633.98$577
Aug 2010021173.684.42$932
Jul 2010012572.554.74$592
Jun 2010017070.364.91$835
May 201017422471.124.24$13,324
Apr 2010026481.694.12$1,088
Mar 2010026678.394.39$1,167
Feb 2010022873.585.44$1,241
Jan 2010025574.365.96$1,521
Dec 2009026371.445.48$1,442
Nov 200916930474.593.75$13,746
Oct 2009030272.544.11$1,241
Sep 2009025665.543.06$785
Aug 2009028367.423.22$911
Jul 2009028961.133.46$1,001
Jun 2009027866.163.90$1,083
May 2009029254.743.93$1,146
Apr 200917528946.773.59$9,222
Mar 2009030742.144.06$1,246
Feb 2009029132.814.63$1,348
Jan 2009030835.865.37$1,654
Dec 2008028737.105.98$1,715
Nov 2008028055.496.86$1,921
Oct 2008028075.246.92$1,938
Sep 2008183305101.767.88$21,025
Aug 20080301114.228.48$2,553
Jul 20080328131.0811.39$3,736
Jun 20080296131.3313.03$3,858
May 20080306123.1711.57$3,542
Apr 2008179300110.3110.45$22,882
Mar 20080310101.909.66$2,996
Feb 2008029492.538.77$2,579
Jan 2008031690.388.21$2,593
Dec 2007030988.337.30$2,256
Nov 2007031991.677.29$2,326
Oct 200718132882.856.92$17,266
Sep 2007034475.846.24$2,148
Aug 2007040069.066.39$2,555
Jul 2007033470.906.39$2,134
Jun 200717731862.007.55$13,374
May 2007034958.747.85$2,738
Apr 2007031959.617.81$2,490
Mar 2007033856.927.30$2,468
Feb 2007031655.108.22$2,596
Jan 2007027150.306.73$1,823
Dec 2006033156.656.92$2,290
Nov 200617834054.207.62$12,238
Oct 2006038454.906.01$2,309
Sep 2006036660.085.04$1,844
Aug 2006036668.717.34$2,686
Jul 200617340069.376.34$14,538
Jun 2006040366.286.38$2,573
May 2006041266.016.42$2,647
Apr 2006041364.397.36$3,040
Mar 2006039856.707.08$2,819
Feb 200616938057.597.75$12,678
Jan 2006042460.598.93$3,788
Dec 2005042154.9413.42$5,648
Nov 2005051054.6910.59$5,400
Oct 2005063858.3413.80$8,802
Sep 200516669961.4512.08$18,644
Aug 2005071661.519.80$7,015
Jul 2005064955.697.84$5,091
Jun 2005050452.337.38$3,720
May 2005044145.226.65$2,933
Apr 2005051749.207.36$3,805
Mar 2005038850.377.15$2,776
Feb 2005040845.226.31$2,575
Jan 2005031043.166.32$1,960
Dec 2004025639.866.75$1,728
Nov 2004027145.286.33$1,716
Oct 200416736449.706.52$10,671
Sep 2004035743.245.28$1,886
Aug 2004035142.375.55$1,948
Jul 2004044238.286.08$2,689
Jun 200417240336.106.43$8,802
May 2004032037.486.49$2,078
Apr 2004063234.475.86$3,703
Mar 200417256034.365.53$9,007
Feb 2004056032.455.51$3,085
Jan 2004052832.036.30$3,326
Dec 2003058630.266.30$3,693
Nov 200315952228.804.60$6,978
Oct 2003065728.174.76$3,127
Sep 2003062526.314.75$2,968
Aug 200315166729.765.13$7,915
Jul 2003073229.415.17$3,785
Jun 2003050728.565.98$3,033
May 200318083626.595.97$9,779
Apr 2003066626.675.41$3,601
Mar 2003091531.146.10$5,578
Feb 200318272433.487.93$11,832
Jan 2003078930.315.58$4,404
Dec 2002084326.914.85$4,092
Nov 200218279724.664.14$7,785
Oct 2002064726.464.23$2,736
Sep 200201,25927.443.64$4,577
Aug 20021731,22725.963.16$8,374
Jul 200201,27324.583.06$3,898
Jun 200201,28123.733.34$4,276
May 20021711,78424.663.58$10,611
Apr 20021821,65323.653.51$10,110
Mar 200201,64922.003.10$5,116
Feb 200201,48818.222.38$3,535
Jan 20021781,52317.172.38$6,674
Dec 200101,60616.932.36$3,797
Nov 20011771,50818.072.41$6,826
Oct 200102,16719.782.53$5,480
Sep 20011651,40224.262.25$7,159
Aug 200101,12424.873.05$3,432
Jul 200183023.933.20$1,986
Jun 20011751,62524.563.82$10,512
May 200101,63525.524.31$7,042
Apr 20011741,55124.685.34$12,569
Mar 20011711,43724.545.38$11,922
Feb 200101,48127.755.77$8,541
Jan 20011651,49927.478.40$17,122
Dec 20001741,43726.889.12$17,786
Nov 200001,35132.215.66$7,644
Oct 20001701,44431.235.15$12,739
Sep 200016635731.875.19$7,142
Aug 2000091929.644.54$4,173
Jul 20001721,07028.534.09$9,283
Jun 200017122829.304.40$6,013
May 20001641,09027.263.68$8,482
Apr 20001691,37724.513.12$8,433
Mar 20001711,47928.422.86$9,089
Feb 20001671,43427.622.73$8,522
Jan 20003111,54825.272.48$11,699
Dec 19991721,61824.282.42$8,098
Nov 19991652,21723.192.43$9,223
Oct 19994773,88320.982.80$20,894
Sep 199917184321.752.62$5,927
Aug 19991692,84819.262.88$11,445
Jul 199902,79117.892.37$6,621
Jun 19991712,75115.942.36$9,224
May 199902,78315.792.32$6,459
Apr 19991672,68415.102.21$8,448
Mar 19993392,59812.471.84$9,003
Feb 199902,3859.981.82$4,335
Jan 199901,69410.381.90$3,219
Dec 199801,6779.201.77$2,974
Nov 19981742,61510.892.19$7,611
Oct 199802,57512.421.97$5,071
Sep 19981692,68712.592.08$7,724
Aug 19981742,85811.301.91$7,417
Jul 19981712,94811.742.24$8,603
Jun 199802,69911.242.24$6,038
May 19981732,85412.622.21$8,480
Apr 19981742,72613.042.51$9,098
Mar 199802,76412.802.31$6,383
Feb 19981942,41313.952.30$8,254
Jan 19981952,62714.702.15$8,527
Dec 199702,60516.322.41$6,281
Nov 19971872,51218.193.09$11,159
Oct 19971902,50719.253.15$11,554
Sep 19971812,33117.742.95$10,099
Aug 19971862,36817.862.55$9,372
Jul 19972392,37417.582.25$9,536
Jun 19971572,02817.242.26$7,284
May 19972922,20518.972.31$10,629
Apr 19973012,06117.882.08$9,674
Mar 19971392,17418.951.94$6,850
Feb 19972941,86420.492.21$10,136
Jan 19971751,97323.483.54$11,093
Dec 19963501,94423.32$8,162
Nov 19963421,84421.97$7,514
Oct 19963761,91723.31$8,765
Sep 19963721,93422.22$8,266
Aug 19961892,03020.26$3,829
Jul 19961882,17019.55$3,675
Jun 19963742,10218.73$7,005
May 19963822,18519.43$7,422
Apr 19961912,06221.51$4,108
Mar 19965582,14319.38$10,814
Feb 19961952,00116.98$3,311
Jan 19965702,10817.07$9,730
Dec 19953822,07717.19$6,567
Nov 19953842,05116.00$6,144
Oct 19952762,13215.43$4,259
Sep 19955622,07416.18$9,093
Aug 19953822,23915.92$6,081
Jul 19955652,41315.24$8,611
Jun 19953722,22916.41$6,105
May 19955752,04017.56$10,097
Apr 19956242,15217.73$11,064
Mar 19953892,24416.44$6,395
Feb 19955881,97316.58$9,749
Jan 19956421,77915.92$10,221
Dec 19945621,80015.03$8,447
Nov 19945761,69415.90$9,158
Oct 19947591,75215.58$11,825
Sep 19947501,52415.29$11,468
Aug 19945791,75516.13$9,339
Jul 19949601,75617.56$16,858
Jun 199477726017.09$13,279
May 199477133315.88$12,243
Apr 199495365114.14$13,475
Mar 19941,0881,33012.46$13,556
Feb 19941,10968312.50$13,863
Jan 19941,49740012.66$18,952
Dec 199338010012.33$4,685

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                   71 bbl  × $ 46.77 =     $3,321
Casinghead gas         0 Mcf  × $  2.98 =         $0

────────────────────────────────────────────────────
Month total                                   $3,321

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/28739 is the state's own key, not one this site invented.