POWERS, PERCY

Operated by GRAVES OPERATING, LLC (P-5 325799) in the NORTHRUP (CLEVELAND) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 79350District 10Field 66124200NGPA filingCondensateGasSaveExport
Value, all time
$964 k
Jan 1993 – Apr 2021
Value, last 12 filed months
$7 k
at the published price for each month
Months reported
340
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 97 leases and 97 wells, and the rule below applies to all of them.

Discovered
1959-12-08
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,320 ft
minimum
From a lease line
660 ft
minimum

A drilling unit in this field needs at least 160 acres. The field rule took effect on 1994-06-27.

The Commission's schedule remark for this field reads: OPTIONAL 160 ACRE UNITS WITH A MAXIMUM DIAGONAL OF 4500'

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
CondensateDisposition353 bbl$11,300
GasProduction238,284 Mcf$952,628
Total$963,929

66,231 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 36.2591, -100.6538. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

36.25906, -100.65383 · 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
7,298 ft
1 wells filed one
Completion to plug
40.1 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 7,298 ft.

Completions filed
Oct 1978
1 of 1 wells
Plug dates filed
Nov 2018
1 of 1 wells

Last completion to plug: a median of 40.1 years across the 1 well that filed both dates, with the middle half between 40.1 years and 40.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-3573085636527,298 ftOct 1978Nov 2018Yes

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 (340)

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

340 months

Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 2020161044.642.68$7,187
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 201408195.944.81$390
Mar 201407295.895.06$364
Feb 201404497.406.19$272
Jan 201404690.404.86$224
Dec 201303991.824.35$170
Nov 201306388.853.74$236
Oct 201306497.423.78$242
Sep 2013045104.113.72$167
Aug 20130134104.253.52$472
Jul 20130165102.523.72$613
Jun 2013012294.403.93$480
May 201302694.834.15$108
Apr 201308393.964.28$355
Mar 201308293.623.91$321
Feb 201309791.233.42$332
Jan 2013018691.603.42$636
Dec 2012019486.773.42$664
Nov 2012022786.953.62$823
Oct 2012015689.383.40$530
Sep 201205994.672.92$172
Aug 201204092.662.91$116
Jul 201205785.133.02$172
Jun 2012099079.822.52$2,494
May 201201,11191.612.49$2,765
Apr 201201,151101.652.00$2,298
Mar 201201,340105.052.22$2,978
Feb 20120884101.102.57$2,272
Jan 201201,03898.092.73$2,838
Dec 201101,06796.873.24$3,457
Nov 201101,12895.723.31$3,735
Oct 201101,10184.983.65$4,017
Sep 2011088683.623.99$3,531
Aug 2011085883.404.15$3,560
Jul 2011090194.144.52$4,070
Jun 2011095992.904.64$4,450
May 2011096998.134.40$4,268
Apr 20110701105.964.33$3,038
Mar 2011092596.364.06$3,753
Feb 2011071085.644.18$2,968
Jan 2011091286.504.59$4,185
Dec 2010091085.734.35$3,956
Nov 2010091780.843.80$3,480
Oct 2010091878.103.51$3,221
Sep 2010092472.633.98$3,677
Aug 2010082173.684.42$3,628
Jul 2010090872.554.74$4,301
Jun 2010083870.364.91$4,115
May 2010095971.124.24$4,062
Apr 2010084781.694.12$3,492
Mar 2010048878.394.39$2,142
Feb 2010097773.585.44$5,317
Jan 201001,10874.365.96$6,608
Dec 2009071971.445.48$3,943
Nov 200901,16274.593.75$4,359
Oct 200901,24072.544.11$5,097
Sep 200901,05065.543.06$3,218
Aug 200901,20567.423.22$3,878
Jul 200901,32061.133.46$4,573
Jun 200901,16866.163.90$4,549
May 200901,33554.743.93$5,241
Apr 200901,20046.773.59$4,305
Mar 200901,04542.144.06$4,242
Feb 200901,31832.814.63$6,106
Jan 2009088735.865.37$4,764
Dec 200801,17937.105.98$7,047
Nov 200801,23455.496.86$8,466
Oct 200801,29675.246.92$8,971
Sep 200801,309101.767.88$10,311
Aug 200801,249114.228.48$10,595
Jul 200801,380131.0811.39$15,717
Jun 200801,341131.3313.03$17,477
May 200801,413123.1711.57$16,354
Apr 200801,487110.3110.45$15,546
Mar 200801,767101.909.66$17,076
Feb 200801,01792.538.77$8,920
Jan 200801,29990.388.21$10,659
Dec 2007046988.337.30$3,425
Nov 2007030991.677.29$2,253
Oct 200701,20382.856.92$8,327
Sep 200701,39275.846.24$8,692
Aug 200701,41369.066.39$9,026
Jul 200701,41970.906.39$9,064
Jun 200701,28962.007.55$9,730
May 200701,33258.747.85$10,451
Apr 200701,32459.617.81$10,334
Mar 200701,46856.927.30$10,719
Feb 200701,35055.108.22$11,092
Jan 200701,13150.306.73$7,608
Dec 200601,47356.656.92$10,191
Nov 2006081654.207.62$6,216
Oct 200601,61754.906.01$9,724
Sep 200601,49560.085.04$7,531
Aug 200601,53868.717.34$11,289
Jul 200601,62769.376.34$10,320
Jun 200601,58466.286.38$10,112
May 200601,06666.016.42$6,849
Apr 200601,01964.397.36$7,500
Mar 200601,01756.707.08$7,203
Feb 2006034357.597.75$2,659
Jan 200601,42260.598.93$12,703
Dec 200501,21254.9413.42$16,259
Nov 200501,59254.6910.59$16,857
Oct 200501,57458.3413.80$21,715
Sep 200501,49161.4512.08$18,010
Aug 200501,40961.519.80$13,804
Jul 200501,54155.697.84$12,087
Jun 200501,47852.337.38$10,909
May 200501,56145.226.65$10,382
Apr 200501,61749.207.36$11,902
Mar 200501,75750.377.15$12,571
Feb 200501,97445.226.31$12,460
Jan 200501,72343.166.32$10,893
Dec 200401,76339.866.75$11,902
Nov 200401,80945.286.33$11,452
Oct 200402,20849.706.52$14,385
Sep 200401,76743.245.28$9,337
Aug 200402,34042.375.55$12,989
Jul 200402,23138.286.08$13,574
Jun 200402,56936.106.43$16,526
May 200402,67537.486.49$17,373
Apr 200403,03634.475.86$17,786
Mar 200401,19734.365.53$6,620
Feb 200401,27432.455.51$7,019
Jan 200401,50132.036.30$9,456
Dec 200301,49330.266.30$9,408
Nov 200301,47628.804.60$6,782
Oct 200301,63928.174.76$7,801
Sep 200302,48926.314.75$11,821
Aug 2003033529.765.13$1,718
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 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 20000029.304.40$0
May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 20000028.422.86$0
Feb 20000027.622.73$0
Jan 20000025.272.48$0
Dec 19990024.282.42$0
Nov 19990023.192.43$0
Oct 19990020.982.80$0
Sep 19990021.752.62$0
Aug 19990019.262.88$0
Jul 19990017.892.37$0
Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 19990012.471.84$0
Feb 1999009.981.82$0
Jan 19990010.381.90$0
Dec 1998009.201.77$0
Nov 19980010.892.19$0
Oct 199801,15612.421.97$2,276
Sep 199801,27612.592.08$2,657
Aug 199801,23611.301.91$2,357
Jul 199801,29211.742.24$2,891
Jun 199801,28211.242.24$2,868
May 199801,56012.622.21$3,442
Apr 199801,43613.042.51$3,598
Mar 199801,46312.802.31$3,379
Feb 199801,38713.952.30$3,189
Jan 199801,56314.702.15$3,368
Dec 199701,57416.322.41$3,795
Nov 199701,61918.193.09$5,000
Oct 199701,69219.253.15$5,330
Sep 199701,82917.742.95$5,404
Aug 199701,99317.862.55$5,092
Jul 199702,10817.582.25$4,737
Jun 199701,42817.242.26$3,223
May 199701,20718.972.31$2,786
Apr 199701,31617.882.08$2,741
Mar 199701,38518.951.94$2,686
Feb 199701,23820.492.21$2,731
Jan 199701,21823.483.54$4,311
Dec 199601,36223.32$0
Nov 199601,34621.97$0
Oct 199601,46223.31$0
Sep 199601,39022.22$0
Aug 199601,50520.26$0
Jul 199601,54019.55$0
Jun 199661,51618.73$112
May 199601,15919.43$0
Apr 19961862,12121.51$4,001
Mar 199601,47019.38$0
Feb 199601,62016.98$0
Jan 199601,52017.07$0
Dec 199501,08617.19$0
Nov 199501,55916.00$0
Oct 199501,74215.43$0
Sep 199501,69716.18$0
Aug 199501,83915.92$0
Jul 199501,63115.24$0
Jun 199501,66016.41$0
May 199502,07817.56$0
Apr 199502,28617.73$0
Mar 199502,41316.44$0
Feb 1995089516.58$0
Jan 199502,10015.92$0
Dec 199402,67415.03$0
Nov 199401,53615.90$0
Oct 199401,29615.58$0
Sep 199401,53915.29$0
Aug 1994090216.13$0
Jul 199401,22217.56$0
Jun 1994097017.09$0
May 1994077615.88$0
Apr 1994080614.14$0
Mar 1994074512.46$0
Feb 1994042212.50$0
Jan 1994075112.66$0
Dec 1993050612.33$0
Nov 1993049014.49$0
Oct 1993022615.85$0
Sep 1993082615.03$0
Aug 199301,47815.66$0
Jul 199301,36915.46$0
Jun 199301,30616.79$0
May 199301,35617.68$0
Apr 199301,42118.05$0
Mar 199301,61318.14$0
Feb 199301,29117.90$0
Jan 199301,71316.93$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.

Dec 2020 — as filed, then multipliedworked
Condensate           161 bbl  × $ 44.64 =     $7,187
Gas                    0 Mcf  × $  2.68 =         $0

────────────────────────────────────────────────────
Month total                                   $7,187

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/79350 is the state's own key, not one this site invented.