COWAN, WILLIAM R. TRACT -A-

Operated by MYRIAD RESOURCES CORPORATION (P-5 598292) in the QUINDUNO (ALBANY DOLOMITE, LO.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 142675District 10Field 73768142CondensateGasSaveExport
Value, all time
$15 k
Jan 1993 – Nov 2006
Value, last 12 filed months
$1 k
at the published price for each month
Months reported
167
no gaps in the span
Streams
2
condensate, 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 180 leases and 292 wells, and the rule below applies to all of them.

Discovered
1952-05-19
as the register files it
Field class
Oil and gas
the register's own label
Between wells
933 ft
minimum
From a lease line
330 ft
minimum

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

The Commission's schedule remark for this field reads: 40 AC LIMIT ON OIL & UP TO 160 AC GAS LIMIT ON OIL WELLS

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
CondensateDisposition114 bbl$2,400
GasProduction36,230 Mcf$12,918
Total$15,318

31,500 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 35.7092, -100.7627. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.70915, -100.76275 · 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
4,101 ft
1 wells filed one
Completion to plug
13.8 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 4,101 ft.

Completions filed
Aug 1992
1 of 1 wells
Plug dates filed
May 2006
1 of 1 wells

Last completion to plug: a median of 13.8 years across the 1 well that filed both dates, with the middle half between 13.8 years and 13.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-3930078524,101 ftAug 1992May 2006Yes

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 (167)

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

167 months

Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 200615069.376.34$1,041
Jun 20060066.286.38$0
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 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
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 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 200201027.443.64$36
Aug 200201025.963.16$32
Jul 200201024.583.06$31
Jun 200201023.733.34$33
May 200201024.663.58$36
Apr 200201023.653.51$35
Mar 200201022.003.10$31
Feb 200201018.222.38$24
Jan 200201017.172.38$24
Dec 200101016.932.36$24
Nov 200101018.072.41$24
Oct 200101019.782.53$25
Sep 200101024.262.25$23
Aug 200101024.873.05$31
Jul 200101023.933.20$32
Jun 200101024.563.82$38
May 200101025.524.31$43
Apr 200101024.685.34$53
Mar 200101024.545.38$54
Feb 200101027.755.77$58
Jan 200101027.478.40$84
Dec 200001026.889.12$91
Nov 200001032.215.66$57
Oct 200001031.235.15$51
Sep 200001031.875.19$52
Aug 200001029.644.54$45
Jul 200001028.534.09$41
Jun 200001029.304.40$44
May 200001027.263.68$37
Apr 200001024.513.12$31
Mar 200001028.422.86$29
Feb 200001027.622.73$27
Jan 200001025.272.48$25
Dec 199901024.282.42$24
Nov 199901023.192.43$24
Oct 199901020.982.80$28
Sep 199901021.752.62$26
Aug 199901019.262.88$29
Jul 199901017.892.37$24
Jun 199901015.942.36$24
May 199901015.792.32$23
Apr 199901015.102.21$22
Mar 199901012.471.84$18
Feb 19990139.981.82$24
Jan 199901010.381.90$19
Dec 19980109.201.77$18
Nov 199801010.892.19$22
Oct 199801012.421.97$20
Sep 199801012.592.08$21
Aug 199801011.301.91$19
Jul 199801011.742.24$22
Jun 199801011.242.24$22
May 199801012.622.21$22
Apr 199801013.042.51$25
Mar 199801012.802.31$23
Feb 199801013.952.30$23
Jan 199801014.702.15$22
Dec 199701016.322.41$24
Nov 1997011118.193.09$343
Oct 199701019.253.15$32
Sep 199702,13017.742.95$6,294
Aug 199701017.862.55$26
Jul 199707917.582.25$178
Jun 199701,26917.242.26$2,864
May 1997010318.972.31$238
Apr 1997010117.882.08$210
Mar 1997010518.951.94$204
Feb 1997011120.492.21$245
Jan 1997011823.483.54$418
Dec 1996011323.32$0
Nov 1996010821.97$0
Oct 1996010123.31$0
Sep 1996010822.22$0
Aug 199608520.26$0
Jul 1996027519.55$0
Jun 1996011318.73$0
May 1996014319.43$0
Apr 1996012321.51$0
Mar 1996011519.38$0
Feb 1996022516.98$0
Jan 1996026817.07$0
Dec 1995021417.19$0
Nov 1995011216.00$0
Oct 1995024015.43$0
Sep 1995010216.18$0
Aug 1995021215.92$0
Jul 1995039315.24$0
Jun 1995022516.41$0
May 199508917.56$0
Apr 1995064517.73$0
Mar 1995036616.44$0
Feb 1995036616.58$0
Jan 1995038015.92$0
Dec 1994065715.03$0
Nov 1994080315.90$0
Oct 1994074515.58$0
Sep 1994067715.29$0
Aug 1994071816.13$0
Jul 1994966017.56$158
Jun 1994041117.09$0
May 1994053715.88$0
Apr 199401,07614.14$0
Mar 1994651,09412.46$810
Feb 199401,14812.50$0
Jan 199401,15912.66$0
Dec 199301,24612.33$0
Nov 199301,21914.49$0
Oct 199301,44415.85$0
Sep 199301,52115.03$0
Aug 1993251,66715.66$392
Jul 199301,39915.46$0
Jun 199301,02716.79$0
May 199301,23417.68$0
Apr 199301,52318.05$0
Mar 199301,67618.14$0
Feb 199301,05017.90$0
Jan 199301,68816.93$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.

Jul 2006 — as filed, then multipliedworked
Condensate            15 bbl  × $ 69.37 =     $1,041
Gas                    0 Mcf  × $  6.34 =         $0

────────────────────────────────────────────────────
Month total                                   $1,041

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. 10/G/142675 is the state's own key, not one this site invented.