POWELL -A-

Operated by PONDEROSA TX OPERATING LLC (P-5 670097) in the PANHANDLE GRAY COUNTY FIELD field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 581District 10Field 68873001NGPA filingOilCasinghead gasSaveExport
Value, all time
$1.9 M
Jan 1993 – May 2026
Value, last 12 filed months
$32 k
at the published price for each month
Months reported
401
no gaps in the span
Streams
2
oil, casinghead 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 837 leases and 6,360 wells, and the rule below applies to all of them.

Discovered
1921-12-31
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: UNTIL THE FLUID MIGRATION FROM SUCH STRATA IS ELIMINATED.

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
NGPA3none

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
OilDisposition22,703 bbl$970,889
Casinghead gasProduction324,050 Mcf$924,654
Total$1,895,544

102,744 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 (12)

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 35.4302, -100.8452. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles. 1 well has no surveyed location and is left out of it.

35.43071, -100.84488 · centre of 11 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
41.7%
5 of 12 wells
With a plug date
41.7%
5 of 12 wells
Median depth
3,033 ft
7 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
541.7%
A plug date is filed
541.7%
BothOn the schedule and plugged. Neither fact cancels the other.
541.7%
NeitherNo plug date, and not on the schedule.
758.3%

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, 7 of 12 wells. Median 3,033 ft, with the middle half between 3,018 and 3,067 ft; the shallowest is 2,925 ft and the deepest 3,100 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, 4 of 12 wells, May 1981 – Jun 1985. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
May 1981 – Jun 1985
4 of 12 wells; 8 filed none
Plug dates filed
Mar 1977 – Oct 2001
5 of 12 wells; 7 filed none

12 wells

42-1798292723,033 ftApr 1977Yes
42-179829299Mar 1977Yes
42-1798293222D2,925 ftOct 2001Yes
42-1798293328W3,011 ftJun 1988Yes
42-1798293541Aug 1977Yes
42-179829288
42-1798293429
42-1798293642
42-17982931143,024 ftJun 1985
42-17982930133,069 ftAug 1984
42-17930866443,065 ftSep 1981
42-17930868433,100 ftMay 1981

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 (401)

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

401 months

May 202600106.413.05$0
Apr 2026134098.932.87$13,257
Mar 2026015389.753.15$482
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 2025121062.743.08$7,592
Aug 20250063.933.01$0
Jul 202508366.743.32$275
Jun 202515116566.483.13$10,555
May 2025017560.553.23$566
Apr 20258318062.363.54$5,814
Mar 2025015767.704.27$670
Feb 202517215170.884.34$12,847
Jan 2025017674.324.28$753
Dec 2024014168.993.12$440
Nov 2024825369.052.20$5,779
Oct 202417721971.372.28$13,132
Sep 2024030269.612.36$714
Aug 20244932475.632.06$4,374
Jul 202415834379.932.15$13,365
Jun 202414731678.082.63$12,310
May 202434328878.812.20$27,665
Apr 202417330084.451.66$15,108
Mar 202444128180.301.55$35,846
Feb 202450822976.091.78$39,062
Jan 202450128373.023.30$37,516
Dec 202354728371.262.61$39,718
Nov 20239931877.892.81$8,604
Oct 2023027185.443.09$837
Sep 2023024089.042.74$656
Aug 202311525680.522.67$9,944
Jul 2023031774.852.64$837
Jun 2023028568.962.26$644
May 20238427070.622.23$6,533
Apr 2023029878.122.24$667
Mar 2023029272.852.39$699
Feb 20235625475.112.47$4,832
Jan 2023028876.533.39$976
Dec 202212325176.415.73$10,836
Nov 2022032085.005.65$1,807
Oct 20229427787.185.86$9,819
Sep 2022025984.888.16$2,114
Aug 2022028294.529.13$2,574
Jul 202254250101.587.54$7,371
Jun 20220284115.097.98$2,266
May 2022137292109.378.43$17,446
Apr 20220280104.226.84$1,915
Mar 20220319108.885.08$1,619
Feb 2022029091.054.86$1,409
Jan 2022036581.844.54$1,656
Dec 20216625171.323.90$5,686
Nov 2021029777.435.24$1,555
Oct 20218232679.795.71$8,406
Sep 2021032069.865.35$1,712
Aug 2021042266.024.22$1,781
Jul 20216929270.783.98$6,047
Jun 2021020169.493.38$680
May 20214428663.483.02$3,656
Apr 2021031360.362.76$863
Mar 20211521061.302.72$9,345
Feb 2021014357.805.55$793
Jan 2021024950.412.81$700
Dec 2020029144.642.68$779
Nov 2020027238.772.71$736
Oct 2020010536.972.48$260
Sep 202016128537.091.99$6,539
Aug 2020032739.982.39$780
Jul 2020031338.371.83$571
Jun 2020031834.901.69$538
May 2020010516.921.81$191
Apr 2020019214.751.80$346
Mar 202015037930.341.86$5,255
Feb 2020028349.881.98$561
Jan 2020035057.252.09$733
Dec 2019031859.012.30$733
Nov 201916329455.302.75$9,823
Oct 2019015653.472.42$377
Sep 2019022155.052.66$587
Aug 2019026453.112.30$608
Jul 2019019156.272.46$470
Jun 2019037452.782.49$932
May 201916035358.482.74$10,324
Apr 2019027262.632.75$748
Mar 2019035156.803.06$1,075
Feb 2019030850.852.79$860
Jan 2019014646.033.23$471
Dec 2018019646.594.19$820
Nov 201817417952.934.24$9,968
Oct 2018039161.443.40$1,329
Sep 2018048459.543.11$1,504
Aug 201808459.403.07$258
Jul 2018055165.142.93$1,615
Jun 2018050360.183.08$1,548
May 201816853565.382.90$12,536
Apr 2018045863.842.90$1,329
Mar 2018035161.222.79$978
Feb 2018032461.782.77$896
Jan 2018024662.874.01$986
Dec 2017030757.272.92$897
Nov 2017032655.423.12$1,017
Oct 201717544749.292.98$9,959
Sep 2017040147.523.09$1,238
Aug 2017045045.373.00$1,352
Jul 2017044743.873.09$1,380
Jun 2017048242.493.09$1,488
May 2017022345.373.26$728
Apr 201717236147.933.21$9,403
Mar 2017034046.772.98$1,014
Feb 2017028150.452.95$830
Jan 2017035549.413.42$1,214
Dec 2016031348.763.72$1,165
Nov 2016038942.492.64$1,029
Oct 201617136446.193.09$9,023
Sep 2016037841.553.10$1,172
Aug 2016042741.442.92$1,249
Jul 2016043541.622.92$1,272
Jun 2016036645.352.69$983
May 2016012242.521.99$243
Apr 2016014736.561.99$293
Mar 2016030833.011.79$553
Feb 201617229726.472.06$5,166
Jan 2016022927.352.36$541
Dec 2015034032.362.00$680
Nov 2015030738.792.17$665
Oct 2015033243.552.43$806
Sep 2015034042.992.76$938
Aug 2015040040.162.87$1,149
Jul 2015037548.152.95$1,104
Jun 201517532556.152.88$10,763
May 2015036255.212.96$1,070
Apr 2015037949.822.71$1,026
Mar 2015035242.892.93$1,033
Feb 2015028744.662.98$854
Jan 2015024443.433.10$757
Dec 201416733454.693.59$10,333
Nov 2014033070.464.25$1,403
Oct 2014021078.303.90$819
Sep 2014035886.164.05$1,448
Aug 2014034189.394.04$1,376
Jul 2014037396.564.18$1,559
Jun 201417832598.164.74$19,012
May 2014033194.734.73$1,564
Apr 2014025095.944.81$1,202
Mar 2014029695.895.06$1,497
Feb 2014025997.406.19$1,604
Jan 2014034490.404.86$1,672
Dec 2013032991.824.35$1,433
Nov 201317538388.853.74$16,981
Oct 2013046797.423.78$1,765
Sep 20130415104.113.72$1,543
Aug 20130200104.253.52$705
Jul 20130229102.523.72$851
Jun 2013014294.403.93$559
May 201317917994.834.15$17,717
Apr 2013019593.964.28$835
Mar 2013015393.623.91$599
Feb 2013010891.233.42$369
Jan 2013016091.603.42$547
Dec 2012023686.773.42$807
Nov 2012042786.953.62$1,548
Oct 201217048189.383.40$16,830
Sep 2012045094.672.92$1,313
Aug 2012045392.662.91$1,317
Jul 2012050885.133.02$1,535
Jun 201217751479.822.52$15,423
May 2012046791.612.49$1,162
Apr 20120402101.652.00$803
Mar 20120488105.052.22$1,084
Feb 20120383101.102.57$984
Jan 2012043598.092.73$1,189
Dec 201117743496.873.24$18,552
Nov 2011047495.723.31$1,570
Oct 2011050284.983.65$1,832
Sep 2011051183.623.99$2,037
Aug 2011056283.404.15$2,332
Jul 2011049294.144.52$2,222
Jun 2011049892.904.64$2,311
May 201116854198.134.40$18,869
Apr 20110283105.964.33$1,226
Mar 2011051196.364.06$2,073
Feb 2011041685.644.18$1,739
Jan 201116941986.504.59$16,541
Dec 2010044385.734.35$1,926
Nov 2010030780.843.80$1,165
Oct 2010045878.103.51$1,607
Sep 2010059172.633.98$2,352
Aug 201016330673.684.42$13,362
Jul 2010022272.554.74$1,052
Jun 2010034970.364.91$1,714
May 2010049771.124.24$2,105
Apr 2010053181.694.12$2,189
Mar 2010041978.394.39$1,839
Feb 201017436973.585.44$14,811
Jan 2010045074.365.96$2,684
Dec 2009044371.445.48$2,429
Nov 2009045774.593.75$1,714
Oct 2009044572.544.11$1,829
Sep 2009038565.543.06$1,180
Aug 200917354167.423.22$13,405
Jul 2009055561.133.46$1,923
Jun 2009055666.163.90$2,166
May 2009057454.743.93$2,253
Apr 2009055246.773.59$1,980
Mar 2009054442.144.06$2,208
Feb 200914539132.814.63$6,569
Jan 2009051135.865.37$2,745
Dec 2008057437.105.98$3,431
Nov 2008056155.496.86$3,849
Oct 2008049975.246.92$3,454
Sep 20080497101.767.88$3,915
Aug 2008178416114.228.48$23,860
Jul 20080486131.0811.39$5,535
Jun 20080540131.3313.03$7,038
May 20080570123.1711.57$6,597
Apr 20080535110.3110.45$5,593
Mar 20080533101.909.66$5,151
Feb 200818151792.538.77$21,282
Jan 2008053190.388.21$4,357
Dec 2007051088.337.30$3,724
Nov 2007049091.677.29$3,573
Oct 2007054382.856.92$3,759
Sep 200718054675.846.24$17,061
Aug 2007061069.066.39$3,897
Jul 2007069070.906.39$4,408
Jun 2007077462.007.55$5,843
May 2007077958.747.85$6,112
Apr 200718076159.617.81$16,670
Mar 2007076656.927.30$5,593
Feb 2007072055.108.22$5,916
Jan 2007075050.306.73$5,045
Dec 2006067656.656.92$4,677
Nov 2006060354.207.62$4,593
Oct 200618181154.906.01$14,814
Sep 2006080860.085.04$4,070
Aug 2006084168.717.34$6,173
Jul 2006077269.376.34$4,897
Jun 2006074066.286.38$4,724
May 2006082866.016.42$5,320
Apr 2006079964.397.36$5,881
Mar 200617570056.707.08$14,881
Feb 2006066657.597.75$5,162
Jan 2006083260.598.93$7,433
Dec 2005082054.9413.42$11,001
Nov 2005076454.6910.59$8,090
Oct 2005091358.3413.80$12,596
Sep 2005033961.4512.08$4,095
Aug 200516495261.519.80$19,414
Jul 2005097755.697.84$7,663
Jun 2005089452.337.38$6,599
May 2005093045.226.65$6,186
Apr 2005090449.207.36$6,654
Mar 2005092050.377.15$6,582
Feb 200515786145.226.31$12,534
Jan 2005083543.166.32$5,279
Dec 2004092239.866.75$6,225
Nov 2004093845.286.33$5,938
Oct 200401,02549.706.52$6,678
Sep 200415394843.245.28$11,625
Aug 200401,00542.375.55$5,578
Jul 2004089738.286.08$5,458
Jun 2004099436.106.43$6,394
May 20041571,08237.486.49$12,912
Apr 2004071034.475.86$4,160
Mar 2004069734.365.53$3,855
Feb 2004090332.455.51$4,975
Jan 2004095932.036.30$6,041
Dec 2003099730.266.30$6,283
Nov 200301,01628.804.60$4,669
Oct 20031581,14328.174.76$9,891
Sep 2003086526.314.75$4,108
Aug 2003096129.765.13$4,930
Jul 2003095929.415.17$4,959
Jun 200317892328.565.98$10,606
May 2003091126.595.97$5,441
Apr 2003059726.675.41$3,228
Mar 2003087431.146.10$5,328
Feb 2003073533.487.93$5,826
Jan 2003083830.315.58$4,678
Dec 2002090326.914.85$4,383
Nov 2002094324.664.14$3,901
Oct 2002083826.464.23$3,544
Sep 2002081427.443.64$2,959
Aug 200217295625.963.16$7,490
Jul 2002097524.583.06$2,985
Jun 2002095723.733.34$3,195
May 200201,01224.663.58$3,627
Apr 2002091023.653.51$3,196
Mar 200201,00922.003.10$3,131
Feb 2002073018.222.38$1,734
Jan 2002075617.172.38$1,796
Dec 2001095016.932.36$2,246
Nov 2001093318.072.41$2,244
Oct 20011761,07419.782.53$6,197
Sep 2001098124.262.25$2,209
Aug 200101,20524.873.05$3,679
Jul 200101,16423.933.20$3,721
Jun 2001062924.563.82$2,405
May 2001088025.524.31$3,790
Apr 2001079424.685.34$4,236
Mar 2001089224.545.38$4,796
Feb 2001096127.755.77$5,542
Jan 200101,07827.478.40$9,054
Dec 2000091926.889.12$8,384
Nov 200001,14432.215.66$6,473
Oct 200001,36031.235.15$6,998
Sep 200001,41631.875.19$7,344
Aug 200001,47129.644.54$6,679
Jul 20001661,57328.534.09$11,169
Jun 200001,37529.304.40$6,046
May 20001791,31527.263.68$9,718
Apr 200001,43624.513.12$4,475
Mar 20001631,42228.422.86$8,699
Feb 200001,34527.622.73$3,667
Jan 200001,36325.272.48$3,381
Dec 199901,38224.282.42$3,350
Nov 199901,48123.192.43$3,605
Oct 19991681,33720.982.80$7,273
Sep 19991761,54121.752.62$7,864
Aug 199901,61119.262.88$4,633
Jul 199901,66817.892.37$3,957
Jun 199901,61915.942.36$3,824
May 199901,62515.792.32$3,772
Apr 19991601,64115.102.21$6,039
Mar 199901,64912.471.84$3,031
Feb 199901,3669.981.82$2,483
Jan 199901,39110.381.90$2,643
Dec 199801,4149.201.77$2,507
Nov 199801,40010.892.19$3,060
Oct 19981521,69512.421.97$5,226
Sep 199801,80912.592.08$3,767
Aug 199801,83511.301.91$3,500
Jul 19981731,74911.742.24$5,944
Jun 199801,86211.242.24$4,166
May 199801,89712.622.21$4,185
Apr 19981681,57213.042.51$6,129
Mar 19981741,85112.802.31$6,502
Feb 199801,65013.952.30$3,794
Jan 199801,89814.702.15$4,090
Dec 199701,78816.322.41$4,311
Nov 19971831,99318.193.09$9,484
Oct 199701,97419.253.15$6,218
Sep 19971721,93817.742.95$8,778
Aug 19971602,17617.862.55$8,417
Jul 199702,02117.582.25$4,541
Jun 19971682,12117.242.26$7,684
May 19971731,79018.972.31$7,414
Apr 199702,05517.882.08$4,280
Mar 19971811,77718.951.94$6,876
Feb 19971811,56420.492.21$7,159
Jan 19971801,62923.483.54$9,993
Dec 199601,71223.32$0
Nov 19961521,73521.97$3,339
Oct 19961811,94023.31$4,219
Sep 19961821,67022.22$4,044
Aug 19961821,68820.26$3,687
Jul 19961811,79819.55$3,539
Jun 19961811,83218.73$3,390
May 19961821,92319.43$3,536
Apr 19961811,89521.51$3,893
Mar 19963572,26519.38$6,919
Feb 19961801,98716.98$3,056
Jan 19961821,85117.07$3,107
Dec 19951782,00417.19$3,060
Nov 19951791,97416.00$2,864
Oct 19951802,00215.43$2,777
Sep 19951831,90016.18$2,961
Aug 19951802,14515.92$2,866
Jul 199501,81015.24$0
Jun 19951802,04516.41$2,954
May 19951822,35717.56$3,196
Apr 19951502,30117.73$2,660
Mar 199502,17916.44$0
Feb 19951511,99516.58$2,504
Jan 19951783,06015.92$2,834
Dec 19941792,07715.03$2,690
Nov 199401,70315.90$0
Oct 19941801,98215.58$2,804
Sep 19941842,09015.29$2,813
Aug 19941802,18016.13$2,903
Jul 19941812,19117.56$3,178
Jun 19941822,10617.09$3,110
May 199402,25115.88$0
Apr 19941802,25314.14$2,545
Mar 19941802,19712.46$2,243
Feb 19941852,06112.50$2,313
Jan 19943622,45712.66$4,583
Dec 19933722,42012.33$4,587
Nov 19933672,35814.49$5,318
Oct 19933642,19415.85$5,769
Sep 199301,54815.03$0
Aug 19931491,82315.66$2,333
Jul 199302,61415.46$0
Jun 199302,49816.79$0
May 19931232,40717.68$2,175
Apr 19932692,77818.05$4,855
Mar 19933522,86118.14$6,385
Feb 19931702,64317.90$3,043
Jan 19931772,98416.93$2,997

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 2026 — as filed, then multipliedworked
Oil                  134 bbl  × $ 98.93 =    $13,257
Casinghead gas         0 Mcf  × $  2.87 =         $0

────────────────────────────────────────────────────
Month total                                  $13,257

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/581 is the state's own key, not one this site invented.