COWAN

Operated by MOMENTUM OPERATING CO., INC. (P-5 574324) 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 22579District 10Field 73768142NGPA filingCondensateGasSaveExport
Value, all time
$5 k
Jan 1993 – Jun 2014
Value, last 12 filed months
$0
at the published price for each month
Months reported
258
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

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
CondensateDisposition135 bbl$2,038
GasProduction1,933 Mcf$2,736
Total$4,774

1,042 Mcf of this lease's gas, across 34 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 35.7236, -100.7852. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.72363, -100.78518 · 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
4,123 ft
1 wells filed one
Completion to plug
57.7 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 4,123 ft.

Completions filed
Oct 1956
1 of 1 wells
Plug dates filed
Jun 2014
1 of 1 wells

Last completion to plug: a median of 57.7 years across the 1 well that filed both dates, with the middle half between 57.7 years and 57.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-3930008514,123 ftOct 1956Jun 2014Yes

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 (258)

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

258 months

Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
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 20020027.443.64$0
Aug 200201025.963.16$32
Jul 200201124.583.06$34
Jun 200201023.733.34$33
May 20020924.663.58$32
Apr 200201023.653.51$35
Mar 20020822.003.10$25
Feb 20020918.222.38$21
Jan 20020917.172.38$21
Dec 20010816.932.36$19
Nov 20010818.072.41$19
Oct 20010319.782.53$8
Sep 20010324.262.25$7
Aug 20010824.873.05$24
Jul 20010923.933.20$29
Jun 20010724.563.82$27
May 200101525.524.31$65
Apr 20010824.685.34$43
Mar 20010724.545.38$38
Feb 200101227.755.77$69
Jan 20010327.478.40$25
Dec 20000526.889.12$46
Nov 200001332.215.66$74
Oct 200001831.235.15$93
Sep 200001831.875.19$93
Aug 200002229.644.54$100
Jul 200001928.534.09$78
Jun 200001829.304.40$79
May 200002927.263.68$107
Apr 200003024.513.12$93
Mar 200003028.422.86$86
Feb 200002127.622.73$57
Jan 200002425.272.48$60
Dec 199903024.282.42$73
Nov 199903023.192.43$73
Oct 199903020.982.80$84
Sep 199903021.752.62$79
Aug 199903019.262.88$86
Jul 199901717.892.37$40
Jun 19990115.942.36$2
May 19990115.792.32$2
Apr 19990115.102.21$2
Mar 19990112.471.84$2
Feb 1999019.981.82$2
Jan 19990110.381.90$2
Dec 1998019.201.77$2
Nov 199801710.892.19$37
Oct 199801112.421.97$22
Sep 19980212.592.08$4
Aug 19980111.301.91$2
Jul 19980111.742.24$2
Jun 19980011.242.24$0
May 199801112.622.21$24
Apr 19980613.042.51$15
Mar 19980312.802.31$7
Feb 19980213.952.30$5
Jan 19980014.702.15$0
Dec 19970016.322.41$0
Nov 19970718.193.09$22
Oct 19970219.253.15$6
Sep 199701317.742.95$38
Aug 199703117.862.55$79
Jul 199703117.582.25$70
Jun 199702517.242.26$56
May 199703118.972.31$72
Apr 199703017.882.08$62
Mar 199703118.951.94$60
Feb 199702820.492.21$62
Jan 199702023.483.54$71
Dec 19960423.32$0
Nov 19960421.97$0
Oct 199601223.31$0
Sep 199602622.22$0
Aug 199603320.26$0
Jul 199601719.55$0
Jun 199601818.73$0
May 199601119.43$0
Apr 199603021.51$0
Mar 199603119.38$0
Feb 199602716.98$0
Jan 199602417.07$0
Dec 199502417.19$0
Nov 1995183016.00$288
Oct 199503115.43$0
Sep 199502816.18$0
Aug 199502615.92$0
Jul 19950015.24$0
Jun 199501216.41$0
May 19950917.56$0
Apr 199512017.73$213
Mar 19950016.44$0
Feb 199520016.58$332
Jan 19950015.92$0
Dec 1994201415.03$301
Nov 19940815.90$0
Oct 19940015.58$0
Sep 199401815.29$0
Aug 199404216.13$0
Jul 199406117.56$0
Jun 199407617.09$0
May 199402015.88$0
Apr 19940014.14$0
Mar 19941213212.46$150
Feb 19940312.50$0
Jan 1994189912.66$228
Dec 199308612.33$0
Nov 1993202014.49$290
Oct 199315015.85$238
Sep 19930015.03$0
Aug 19930015.66$0
Jul 199306415.46$0
Jun 19930016.79$0
May 19930017.68$0
Apr 19930018.05$0
Mar 19930118.14$0
Feb 19930117.90$0
Jan 19930016.93$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.

Aug 2002 — as filed, then multipliedworked
Condensate             0 bbl  × $ 25.96 =         $0
Gas                   10 Mcf  × $  3.16 =        $32

────────────────────────────────────────────────────
Month total                                      $32

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/22579 is the state's own key, not one this site invented.