COWAN, W. R. TRACT -B-

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 22609District 10Field 73768142NGPA filingCondensateGasSaveExport
Value, all time
$261 k
Jan 1993 – Apr 2006
Value, last 12 filed months
$0
at the published price for each month
Months reported
160
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
CondensateDisposition626 bbl$10,041
GasProduction196,039 Mcf$250,498
Total$260,539

113,390 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, -100.7718. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.70919, -100.77179 · 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
4,106 ft
1 wells filed one
Completion to plug
52.3 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 4,106 ft.

Completions filed
Feb 1954
1 of 1 wells
Plug dates filed
May 2006
1 of 1 wells

Last completion to plug: a median of 52.3 years across the 1 well that filed both dates, with the middle half between 52.3 years and 52.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-3938008334,106 ftFeb 1954May 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 (160)

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

160 months

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 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020123.733.34$3
May 20020124.663.58$4
Apr 20020023.653.51$0
Mar 200201722.003.10$53
Feb 2002086018.222.38$2,043
Jan 200201,16917.172.38$2,777
Dec 200101,20416.932.36$2,847
Nov 200101,14518.072.41$2,754
Oct 200101,21819.782.53$3,080
Sep 2001095524.262.25$2,150
Aug 200101,11724.873.05$3,410
Jul 200101,09923.933.20$3,514
Jun 2001081324.563.82$3,109
May 200101,13025.524.31$4,867
Apr 200101,15724.685.34$6,173
Mar 200101,12324.545.38$6,038
Feb 200101,26127.755.77$7,272
Jan 200101,33327.478.40$11,196
Dec 200001,05626.889.12$9,633
Nov 200001,18832.215.66$6,722
Oct 200001,25031.235.15$6,432
Sep 200001,35231.875.19$7,012
Aug 200001,50729.644.54$6,843
Jul 200001,41128.534.09$5,771
Jun 200001,28129.304.40$5,633
May 200001,43627.263.68$5,284
Apr 200001,35924.513.12$4,235
Mar 200001,37728.422.86$3,938
Feb 200001,82827.622.73$4,984
Jan 200001,44125.272.48$3,574
Dec 199901,43224.282.42$3,471
Nov 199901,27223.192.43$3,096
Oct 199901,40920.982.80$3,950
Sep 199901,35221.752.62$3,541
Aug 199901,38219.262.88$3,974
Jul 199901,31517.892.37$3,120
Jun 199901,17315.942.36$2,771
May 199901,05815.792.32$2,456
Apr 199901,26615.102.21$2,795
Mar 199901,21912.471.84$2,241
Feb 199909239.981.82$1,678
Jan 199901,30210.381.90$2,474
Dec 199801,3609.201.77$2,412
Nov 199801,33510.892.19$2,918
Oct 199801,56312.421.97$3,078
Sep 199801,53012.592.08$3,186
Aug 199801,62111.301.91$3,092
Jul 199801,65411.742.24$3,700
Jun 199801,65911.242.24$3,712
May 199801,39612.622.21$3,080
Apr 199801,53513.042.51$3,846
Mar 199801,63012.802.31$3,764
Feb 199801,45313.952.30$3,341
Jan 199801,59214.702.15$3,430
Dec 199701,47616.322.41$3,559
Nov 199701,45918.193.09$4,506
Oct 199701,71519.253.15$5,402
Sep 199701,66517.742.95$4,920
Aug 199702017.862.55$51
Jul 199701,62817.582.25$3,658
Jun 199701,60217.242.26$3,616
May 199701,60818.972.31$3,712
Apr 199701,53017.882.08$3,187
Mar 199701,48918.951.94$2,887
Feb 199701,40320.492.21$3,095
Jan 199701,53423.483.54$5,430
Dec 199601,61323.32$0
Nov 199601,58321.97$0
Oct 199601,45623.31$0
Sep 199601,33622.22$0
Aug 199602,37420.26$0
Jul 199601,41719.55$0
Jun 199601,36218.73$0
May 199601,12119.43$0
Apr 199601,39021.51$0
Mar 199601,98919.38$0
Feb 199601,87816.98$0
Jan 199601,97117.07$0
Dec 199502,05117.19$0
Nov 19951652,07216.00$2,640
Oct 199502,22615.43$0
Sep 199502,27716.18$0
Aug 199502,47615.92$0
Jul 199502,41415.24$0
Jun 199501,41216.41$0
May 199501,90217.56$0
Apr 19951402,01117.73$2,482
Mar 199503,09416.44$0
Feb 199502,41616.58$0
Jan 199502,81215.92$0
Dec 199403,01315.03$0
Nov 199402,92015.90$0
Oct 199402,49315.58$0
Sep 199401,90315.29$0
Aug 199401,54316.13$0
Jul 199402,84017.56$0
Jun 199402,96017.09$0
May 199403,02115.88$0
Apr 199401,40014.14$0
Mar 199403,10612.46$0
Feb 199402,50112.50$0
Jan 199402,33012.66$0
Dec 19931532,83712.33$1,886
Nov 199302,77614.49$0
Oct 199302,98715.85$0
Sep 199303,09315.03$0
Aug 199303,01015.66$0
Jul 199303,03015.46$0
Jun 199303,05016.79$0
May 199302,96717.68$0
Apr 19931683,13018.05$3,032
Mar 199303,46618.14$0
Feb 199303,00217.90$0
Jan 199303,35916.93$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.

Jun 2002 — as filed, then multipliedworked
Condensate             0 bbl  × $ 23.73 =         $0
Gas                    1 Mcf  × $  3.34 =         $3

────────────────────────────────────────────────────
Month total                                       $3

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/22609 is the state's own key, not one this site invented.