POWELL

Operated by BALDWIN & KLEIN CORP. (P-5 47550) 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 28866District 09Field 03446001OilCasinghead gasSaveExport
Value, all time
$6 k
Jun 1994 – Jul 1999
Value, last 12 filed months
$2
at the published price for each month
Months reported
62
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
OilDisposition332 bbl$6,146
Casinghead gasProduction30 Mcf$10
Total$6,155

26 Mcf of this lease's gas, across 26 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 33.5760, -98.5883. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.57597, -98.58826 · 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
1,008 ft
1 wells filed one
Completion to plug
18.3 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 1,008 ft.

Completions filed
Dec 1980
1 of 1 wells
Plug dates filed
Mar 1999
1 of 1 wells

Last completion to plug: a median of 18.3 years across the 1 well that filed both dates, with the middle half between 18.3 years and 18.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-0093473121,008 ftDec 1980Mar 1999Yes

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 (62)

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

62 months

Jul 19990017.892.37$0
Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 19990112.471.84$2
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 19975017.242.26$86
May 19976018.972.31$114
Apr 19975017.882.08$89
Mar 199714118.951.94$267
Feb 19970120.492.21$2
Jan 19970123.483.54$4
Dec 199615123.32$350
Nov 199616121.97$352
Oct 199610123.31$233
Sep 199616122.22$356
Aug 19960120.26$0
Jul 199611119.55$215
Jun 199631118.73$581
May 19960119.43$0
Apr 199616121.51$344
Mar 199627119.38$523
Feb 19960116.98$0
Jan 19960117.07$0
Dec 199513117.19$223
Nov 199522116.00$352
Oct 19950115.43$0
Sep 199549016.18$793
Aug 19950115.92$0
Jul 19950115.24$0
Jun 19950116.41$0
May 199523117.56$404
Apr 19950117.73$0
Mar 199543116.44$707
Feb 19950116.58$0
Jan 19950115.92$0
Dec 19940115.03$0
Nov 199410115.90$159
Oct 19940115.58$0
Sep 19940015.29$0
Aug 19940016.13$0
Jul 19940017.56$0
Jun 19940017.09$0

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 1999 — as filed, then multipliedworked
Oil                    0 bbl  × $ 12.47 =         $0
Casinghead gas         1 Mcf  × $  1.84 =         $2

────────────────────────────────────────────────────
Month total                                       $2

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/28866 is the state's own key, not one this site invented.