POWELL, L. B.

Name: POWELL, L. B. lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by J. W. RESOURCES INC. (P-5 427974) in the PANHANDLE MOORE COUNTY FIELD field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 5536District 10Field 68901001NGPA filingOilCasinghead gasSave Export

Value, all time

$174 k

Jan 1993 – Nov 2013

Value, last 12 filed months

at the published price for each month

Months reported

251

no gaps in the span

Streams

oil, casinghead gas

The PANHANDLE MOORE COUNTY FIELD field

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 334 leases and 1,458 wells, and the rule below applies to all of them.

Discovered

1926-12-31

as the register files it

Field class

Oil

the register's own label

Between wells

467 ft

minimum

From a lease line

330 ft

minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 1989-05-01.

The Commission's schedule remark for this field reads: “SEPTEMBER, AND OCTOBER.”

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.

Programme	Filings	With an approval date	Dated	Docket
NGPA	6	none	—	—

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.

Stream	Basis	Volume	Value
Oil	Disposition	9,303 bbl	$161,655
Casinghead gas	Production	34,402 Mcf	$11,910
Total			$173,565

29,355 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 (9)

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 35.9582, -101.9969. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.8 miles.

35.95880, -101.99631 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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%

9 of 9 wells

With a plug date

100.0%

9 of 9 wells

Median depth

3,646 ft

9 wells filed one

Completion to plug

14.9 years

median over 9 wells

What the state filed about each well

On the RRC proration schedule

9100.0%

A plug date is filed

9100.0%

BothOn the schedule and plugged. Neither fact cancels the other.

9100.0%

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

Total depth in feet, 9 of 9 wells. Median 3,646 ft, with the middle half between 3,640 and 3,692 ft; the shallowest is 3,639 ft and the deepest 3,710 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

When they were last completed

Last completion by decade, 9 of 9 wells, Feb 1984 – Mar 1989. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed

Feb 1984 – Mar 1989

9 of 9 wells

Plug dates filed

Apr 2000 – Apr 2013

9 of 9 wells

Last completion to plug: a median of 14.9 years across the 9 wells that filed both dates, with the middle half between 14.8 years and 23.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

9 wells


42-34131134	4	3,646 ft	Mar 1989	Mar 2012	Yes
42-34131133	3	3,692 ft	May 1986	Mar 2001	Yes
42-34130859	1	3,710 ft	Apr 1986	Mar 2001	Yes
42-34131874	A 3	3,640 ft	Jan 1986	Apr 2000	Yes
42-34131832	A 2	3,647 ft	Nov 1985	Apr 2000	Yes
42-34131258	A 1	3,640 ft	Jul 1985	Apr 2000	Yes
42-34131252	6	3,640 ft	Jul 1984	Apr 2013	Yes
42-34131251	5	3,639 ft	Jul 1984	Mar 2012	Yes
42-34131135	2	3,700 ft	Feb 1984	Jun 2001	Yes

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 (251)

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

251 months


Nov 2013	0	0	88.85	3.74	$0
Oct 2013	0	0	97.42	3.78	$0
Sep 2013	0	0	104.11	3.72	$0
Aug 2013	0	0	104.25	3.52	$0
Jul 2013	0	0	102.52	3.72	$0
Jun 2013	0	0	94.40	3.93	$0
May 2013	0	0	94.83	4.15	$0
Apr 2013	0	0	93.96	4.28	$0
Mar 2013	0	0	93.62	3.91	$0
Feb 2013	0	0	91.23	3.42	$0
Jan 2013	0	0	91.60	3.42	$0
Dec 2012	0	0	86.77	3.42	$0
Nov 2012	0	0	86.95	3.62	$0
Oct 2012	0	0	89.38	3.40	$0
Sep 2012	0	0	94.67	2.92	$0
Aug 2012	0	0	92.66	2.91	$0
Jul 2012	0	0	85.13	3.02	$0
Jun 2012	0	0	79.82	2.52	$0
May 2012	0	0	91.61	2.49	$0
Apr 2012	0	0	101.65	2.00	$0
Mar 2012	0	0	105.05	2.22	$0
Feb 2012	0	0	101.10	2.57	$0
Jan 2012	0	0	98.09	2.73	$0
Dec 2011	0	0	96.87	3.24	$0
Nov 2011	0	0	95.72	3.31	$0
Oct 2011	0	0	84.98	3.65	$0
Sep 2011	0	0	83.62	3.99	$0
Aug 2011	0	0	83.40	4.15	$0
Jul 2011	0	0	94.14	4.52	$0
Jun 2011	0	0	92.90	4.64	$0
May 2011	0	0	98.13	4.40	$0
Apr 2011	0	0	105.96	4.33	$0
Mar 2011	0	0	96.36	4.06	$0
Feb 2011	0	0	85.64	4.18	$0
Jan 2011	0	0	86.50	4.59	$0
Dec 2010	0	0	85.73	4.35	$0
Nov 2010	0	0	80.84	3.80	$0
Oct 2010	0	0	78.10	3.51	$0
Sep 2010	0	0	72.63	3.98	$0
Aug 2010	0	0	73.68	4.42	$0
Jul 2010	0	0	72.55	4.74	$0
Jun 2010	0	0	70.36	4.91	$0
May 2010	0	0	71.12	4.24	$0
Apr 2010	0	0	81.69	4.12	$0
Mar 2010	0	0	78.39	4.39	$0
Feb 2010	0	0	73.58	5.44	$0
Jan 2010	0	0	74.36	5.96	$0
Dec 2009	0	0	71.44	5.48	$0
Nov 2009	0	0	74.59	3.75	$0
Oct 2009	0	0	72.54	4.11	$0
Sep 2009	0	0	65.54	3.06	$0
Aug 2009	0	0	67.42	3.22	$0
Jul 2009	0	0	61.13	3.46	$0
Jun 2009	0	0	66.16	3.90	$0
May 2009	0	0	54.74	3.93	$0
Apr 2009	0	0	46.77	3.59	$0
Mar 2009	0	0	42.14	4.06	$0
Feb 2009	0	0	32.81	4.63	$0
Jan 2009	0	0	35.86	5.37	$0
Dec 2008	0	0	37.10	5.98	$0
Nov 2008	0	0	55.49	6.86	$0
Oct 2008	0	0	75.24	6.92	$0
Sep 2008	0	0	101.76	7.88	$0
Aug 2008	0	0	114.22	8.48	$0
Jul 2008	0	0	131.08	11.39	$0
Jun 2008	0	0	131.33	13.03	$0
May 2008	0	0	123.17	11.57	$0
Apr 2008	0	0	110.31	10.45	$0
Mar 2008	0	0	101.90	9.66	$0
Feb 2008	0	0	92.53	8.77	$0
Jan 2008	0	0	90.38	8.21	$0
Dec 2007	0	0	88.33	7.30	$0
Nov 2007	0	0	91.67	7.29	$0
Oct 2007	0	0	82.85	6.92	$0
Sep 2007	0	0	75.84	6.24	$0
Aug 2007	0	0	69.06	6.39	$0
Jul 2007	0	0	70.90	6.39	$0
Jun 2007	0	0	62.00	7.55	$0
May 2007	0	0	58.74	7.85	$0
Apr 2007	0	0	59.61	7.81	$0
Mar 2007	0	0	56.92	7.30	$0
Feb 2007	0	0	55.10	8.22	$0
Jan 2007	0	0	50.30	6.73	$0
Dec 2006	0	0	56.65	6.92	$0
Nov 2006	0	0	54.20	7.62	$0
Oct 2006	0	0	54.90	6.01	$0
Sep 2006	0	0	60.08	5.04	$0
Aug 2006	0	0	68.71	7.34	$0
Jul 2006	0	0	69.37	6.34	$0
Jun 2006	0	0	66.28	6.38	$0
May 2006	0	0	66.01	6.42	$0
Apr 2006	0	0	64.39	7.36	$0
Mar 2006	0	0	56.70	7.08	$0
Feb 2006	0	0	57.59	7.75	$0
Jan 2006	0	0	60.59	8.93	$0
Dec 2005	0	0	54.94	13.42	$0
Nov 2005	0	0	54.69	10.59	$0
Oct 2005	0	0	58.34	13.80	$0
Sep 2005	0	0	61.45	12.08	$0
Aug 2005	0	0	61.51	9.80	$0
Jul 2005	0	0	55.69	7.84	$0
Jun 2005	0	0	52.33	7.38	$0
May 2005	0	0	45.22	6.65	$0
Apr 2005	112	0	49.20	7.36	$5,510
Mar 2005	0	0	50.37	7.15	$0
Feb 2005	0	0	45.22	6.31	$0
Jan 2005	0	0	43.16	6.32	$0
Dec 2004	0	0	39.86	6.75	$0
Nov 2004	0	0	45.28	6.33	$0
Oct 2004	0	0	49.70	6.52	$0
Sep 2004	0	0	43.24	5.28	$0
Aug 2004	0	0	42.37	5.55	$0
Jul 2004	0	0	38.28	6.08	$0
Jun 2004	0	0	36.10	6.43	$0
May 2004	0	0	37.48	6.49	$0
Apr 2004	0	0	34.47	5.86	$0
Mar 2004	0	0	34.36	5.53	$0
Feb 2004	0	0	32.45	5.51	$0
Jan 2004	0	0	32.03	6.30	$0
Dec 2003	0	0	30.26	6.30	$0
Nov 2003	0	0	28.80	4.60	$0
Oct 2003	0	0	28.17	4.76	$0
Sep 2003	0	0	26.31	4.75	$0
Aug 2003	0	0	29.76	5.13	$0
Jul 2003	0	0	29.41	5.17	$0
Jun 2003	0	0	28.56	5.98	$0
May 2003	0	0	26.59	5.97	$0
Apr 2003	0	0	26.67	5.41	$0
Mar 2003	0	0	31.14	6.10	$0
Feb 2003	0	0	33.48	7.93	$0
Jan 2003	0	0	30.31	5.58	$0
Dec 2002	0	0	26.91	4.85	$0
Nov 2002	0	0	24.66	4.14	$0
Oct 2002	0	0	26.46	4.23	$0
Sep 2002	0	0	27.44	3.64	$0
Aug 2002	0	0	25.96	3.16	$0
Jul 2002	0	0	24.58	3.06	$0
Jun 2002	0	0	23.73	3.34	$0
May 2002	0	0	24.66	3.58	$0
Apr 2002	0	0	23.65	3.51	$0
Mar 2002	0	0	22.00	3.10	$0
Feb 2002	0	0	18.22	2.38	$0
Jan 2002	0	0	17.17	2.38	$0
Dec 2001	0	0	16.93	2.36	$0
Nov 2001	0	0	18.07	2.41	$0
Oct 2001	0	0	19.78	2.53	$0
Sep 2001	0	0	24.26	2.25	$0
Aug 2001	0	0	24.87	3.05	$0
Jul 2001	0	0	23.93	3.20	$0
Jun 2001	0	0	24.56	3.82	$0
May 2001	0	0	25.52	4.31	$0
Apr 2001	0	0	24.68	5.34	$0
Mar 2001	0	0	24.54	5.38	$0
Feb 2001	0	0	27.75	5.77	$0
Jan 2001	0	0	27.47	8.40	$0
Dec 2000	0	0	26.88	9.12	$0
Nov 2000	0	0	32.21	5.66	$0
Oct 2000	0	0	31.23	5.15	$0
Sep 2000	0	0	31.87	5.19	$0
Aug 2000	0	0	29.64	4.54	$0
Jul 2000	0	0	28.53	4.09	$0
Jun 2000	0	0	29.30	4.40	$0
May 2000	0	0	27.26	3.68	$0
Apr 2000	0	0	24.51	3.12	$0
Mar 2000	0	0	28.42	2.86	$0
Feb 2000	0	0	27.62	2.73	$0
Jan 2000	116	5	25.27	2.48	$2,944
Dec 1999	0	30	24.28	2.42	$73
Nov 1999	0	143	23.19	2.43	$348
Oct 1999	0	0	20.98	2.80	$0
Sep 1999	0	3	21.75	2.62	$8
Aug 1999	0	0	19.26	2.88	$0
Jul 1999	0	8	17.89	2.37	$19
Jun 1999	0	5	15.94	2.36	$12
May 1999	0	8	15.79	2.32	$19
Apr 1999	0	16	15.10	2.21	$35
Mar 1999	0	34	12.47	1.84	$63
Feb 1999	0	28	9.98	1.82	$51
Jan 1999	0	51	10.38	1.90	$97
Dec 1998	0	114	9.20	1.77	$202
Nov 1998	0	138	10.89	2.19	$302
Oct 1998	0	141	12.42	1.97	$278
Sep 1998	0	214	12.59	2.08	$446
Aug 1998	0	265	11.30	1.91	$505
Jul 1998	0	222	11.74	2.24	$497
Jun 1998	94	223	11.24	2.24	$1,555
May 1998	97	211	12.62	2.21	$1,690
Apr 1998	0	215	13.04	2.51	$539
Mar 1998	74	190	12.80	2.31	$1,386
Feb 1998	0	265	13.95	2.30	$609
Jan 1998	129	171	14.70	2.15	$2,265
Dec 1997	149	45	16.32	2.41	$2,540
Nov 1997	0	108	18.19	3.09	$334
Oct 1997	160	200	19.25	3.15	$3,710
Sep 1997	0	211	17.74	2.95	$623
Aug 1997	61	261	17.86	2.55	$1,756
Jul 1997	157	232	17.58	2.25	$3,281
Jun 1997	142	249	17.24	2.26	$3,010
May 1997	0	250	18.97	2.31	$577
Apr 1997	260	159	17.88	2.08	$4,980
Mar 1997	0	178	18.95	1.94	$345
Feb 1997	0	211	20.49	2.21	$465
Jan 1997	153	243	23.48	3.54	$4,453
Dec 1996	142	207	23.32	—	$3,311
Nov 1996	0	199	21.97	—	$0
Oct 1996	170	265	23.31	—	$3,963
Sep 1996	73	282	22.22	—	$1,622
Aug 1996	0	291	20.26	—	$0
Jul 1996	273	315	19.55	—	$5,337
Jun 1996	0	315	18.73	—	$0
May 1996	150	588	19.43	—	$2,915
Apr 1996	152	1,203	21.51	—	$3,270
Mar 1996	137	879	19.38	—	$2,655
Feb 1996	146	503	16.98	—	$2,479
Jan 1996	0	2,550	17.07	—	$0
Dec 1995	176	712	17.19	—	$3,025
Nov 1995	189	423	16.00	—	$3,024
Oct 1995	0	735	15.43	—	$0
Sep 1995	181	1,255	16.18	—	$2,929
Aug 1995	184	1,518	15.92	—	$2,929
Jul 1995	148	1,409	15.24	—	$2,256
Jun 1995	0	244	16.41	—	$0
May 1995	167	435	17.56	—	$2,933
Apr 1995	0	435	17.73	—	$0
Mar 1995	0	389	16.44	—	$0
Feb 1995	183	333	16.58	—	$3,034
Jan 1995	173	377	15.92	—	$2,754
Dec 1994	101	374	15.03	—	$1,518
Nov 1994	146	377	15.90	—	$2,321
Oct 1994	277	686	15.58	—	$4,316
Sep 1994	119	435	15.29	—	$1,820
Aug 1994	298	540	16.13	—	$4,807
Jul 1994	131	528	17.56	—	$2,300
Jun 1994	127	531	17.09	—	$2,170
May 1994	132	489	15.88	—	$2,096
Apr 1994	68	519	14.14	—	$962
Mar 1994	75	177	12.46	—	$935
Feb 1994	72	519	12.50	—	$900
Jan 1994	436	570	12.66	—	$5,520
Dec 1993	37	552	12.33	—	$456
Nov 1993	158	582	14.49	—	$2,289
Oct 1993	140	597	15.85	—	$2,219
Sep 1993	258	669	15.03	—	$3,878
Aug 1993	316	685	15.66	—	$4,949
Jul 1993	151	712	15.46	—	$2,334
Jun 1993	132	678	16.79	—	$2,216
May 1993	312	754	17.68	—	$5,516
Apr 1993	307	739	18.05	—	$5,541
Mar 1993	346	641	18.14	—	$6,276
Feb 1993	463	527	17.90	—	$8,288
Jan 1993	353	612	16.93	—	$5,976

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.

Apr 2005 — as filed, then multipliedworked

Oil                  112 bbl  × $ 49.20 =     $5,510
Casinghead gas         0 Mcf  × $  7.36 =         $0

────────────────────────────────────────────────────
Month total                                   $5,510

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/O/5536 is the state's own key, not one this site invented.