COWAN, WILLIAM R., TRACK -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 143242District 10Field 73768142CondensateGasSaveExport
Value, all time
$7 k
Jan 1993 – Nov 2006
Value, last 12 filed months
$902
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
CondensateDisposition130 bbl$2,537
GasProduction29,649 Mcf$4,113
Total$6,650

28,164 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, -100.7672. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.70915, -100.76718 · 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
4,100 ft
1 wells filed one
Completion to plug
13.5 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 4,100 ft.

Completions filed
Oct 1992
1 of 1 wells
Plug dates filed
Apr 2006
1 of 1 wells

Last completion to plug: a median of 13.5 years across the 1 well that filed both dates, with the middle half between 13.5 years and 13.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-3930078414,100 ftOct 1992Apr 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 200613069.376.34$902
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 19990109.981.82$18
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 1997012318.193.09$380
Oct 199701019.253.15$32
Sep 199702417.742.95$71
Aug 199701017.862.55$26
Jul 199708517.582.25$191
Jun 199709017.242.26$203
May 1997011518.972.31$265
Apr 1997011417.882.08$237
Mar 1997012218.951.94$237
Feb 1997010620.492.21$234
Jan 1997010623.483.54$375
Dec 1996010923.32$0
Nov 1996011021.97$0
Oct 1996017423.31$0
Sep 1996013522.22$0
Aug 1996021220.26$0
Jul 1996025519.55$0
Jun 1996016618.73$0
May 1996014019.43$0
Apr 1996020121.51$0
Mar 1996012219.38$0
Feb 1996021116.98$0
Jan 1996024517.07$0
Dec 1995027917.19$0
Nov 1995014416.00$0
Oct 1995018815.43$0
Sep 1995025416.18$0
Aug 1995039115.92$0
Jul 1995036515.24$0
Jun 1995012516.41$0
May 1995019017.56$0
Apr 1995067017.73$0
Mar 1995040616.44$0
Feb 1995045616.58$0
Jan 1995063315.92$0
Dec 1994072115.03$0
Nov 1994067215.90$0
Oct 1994081515.58$0
Sep 1994071015.29$0
Aug 1994082516.13$0
Jul 19941364117.56$228
Jun 1994082417.09$0
May 1994086315.88$0
Apr 1994080614.14$0
Mar 19946095212.46$748
Feb 1994098512.50$0
Jan 199401,16712.66$0
Dec 199301,08212.33$0
Nov 1993251,01114.49$362
Oct 1993076715.85$0
Sep 1993081515.03$0
Aug 19931981815.66$298
Jul 1993092215.46$0
Jun 199301,01016.79$0
May 1993079317.68$0
Apr 199301,02118.05$0
Mar 199301,28718.14$0
Feb 199301,08017.90$0
Jan 199301,39616.93$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            13 bbl  × $ 69.37 =       $902
Gas                    0 Mcf  × $  6.34 =         $0

────────────────────────────────────────────────────
Month total                                     $902

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/143242 is the state's own key, not one this site invented.