POWELL -C-

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 583District 10Field 68873001OilCasinghead gasSaveExport
Value, all time
$2.3 M
Jan 1993 – May 2026
Value, last 12 filed months
$26 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.

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
OilDisposition36,660 bbl$1,786,255
Casinghead gasProduction131,067 Mcf$536,829
Total$2,323,084

8,839 Mcf of this lease's gas, across 47 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 (6)

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 35.4325, -100.8371. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

35.43167, -100.83598 · 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
66.7%
4 of 6 wells
With a plug date
50.0%
3 of 6 wells
Median depth
2,969 ft
3 wells filed one
Completion to plug
54.0 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
466.7%
A plug date is filed
350.0%
BothOn the schedule and plugged. Neither fact cancels the other.
350.0%
NeitherNo plug date, and not on the schedule.
233.3%

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

Between 2,818 and 2,976 ft, median 2,969 ft, over the 3 wells that filed a depth.

Completions filed
May 1971 – Aug 1992
3 of 6 wells; 3 filed none
Plug dates filed
Apr 1979 – May 2025
3 of 6 wells; 3 filed none

Last completion to plug: a median of 54.0 years across the 1 well that filed both dates, with the middle half between 54.0 years and 54.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

6 wells

42-179829466May 1979Yes
42-1798294915Apr 1979Yes
42-179829477
42-17907617122,976 ftAug 1992Yes
42-17903129192,969 ftMar 1991
42-1798294542,818 ftMay 1971May 2025Yes

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 202623098.932.87$2,275
Mar 202642089.753.15$3,770
Feb 202622063.503.75$1,397
Jan 202621059.138.00$1,242
Dec 202565056.664.41$3,683
Nov 202545058.593.93$2,637
Oct 202545059.383.30$2,672
Sep 202567062.743.08$4,204
Aug 202522063.933.01$1,406
Jul 202525066.743.32$1,669
Jun 202521066.483.13$1,396
May 202572060.553.23$4,360
Apr 202545062.363.54$2,806
Mar 202548067.704.27$3,250
Feb 202546070.884.34$3,260
Jan 2025134074.324.28$9,959
Dec 202488068.993.12$6,071
Nov 202443069.052.20$2,969
Oct 202446071.372.28$3,283
Sep 202443069.612.36$2,993
Aug 202448075.632.06$3,630
Jul 202466079.932.15$5,275
Jun 202466078.082.63$5,153
May 202445078.812.20$3,546
Apr 202490084.451.66$7,601
Mar 202449080.301.55$3,935
Feb 202473076.091.78$5,555
Jan 202494073.023.30$6,864
Dec 202345071.262.61$3,207
Nov 202367077.892.81$5,219
Oct 202358085.443.09$4,956
Sep 202347089.042.74$4,185
Aug 202369080.522.67$5,556
Jul 202367074.852.64$5,015
Jun 202367068.962.26$4,620
May 202369070.622.23$4,873
Apr 202345078.122.24$3,515
Mar 202366072.852.39$4,808
Feb 202347075.112.47$3,530
Jan 202344076.533.39$3,367
Dec 202278076.415.73$5,960
Nov 202247085.005.65$3,995
Oct 202268087.185.86$5,928
Sep 202244084.888.16$3,735
Aug 202267094.529.13$6,333
Jul 202260239101.587.54$7,897
Jun 2022430115.097.98$4,949
May 2022670109.378.43$7,328
Apr 2022690104.226.84$7,191
Mar 2022590108.885.08$6,424
Feb 202247091.054.86$4,279
Jan 202245081.844.54$3,683
Dec 202145071.323.90$3,209
Nov 202170077.435.24$5,420
Oct 202144079.795.71$3,511
Sep 202166069.865.35$4,611
Aug 202168066.024.22$4,489
Jul 202167070.783.98$4,742
Jun 202145069.493.38$3,127
May 202145063.483.02$2,857
Apr 202169060.362.76$4,165
Mar 202168061.302.72$4,168
Feb 202146057.805.55$2,659
Jan 202147050.412.81$2,369
Dec 202067544.642.68$3,004
Nov 202023038.772.71$892
Oct 202046036.972.48$1,701
Sep 202044037.091.99$1,632
Aug 202042039.982.39$1,679
Jul 202070038.371.83$2,686
Jun 2020144034.901.69$5,026
May 20200516.921.81$9
Apr 2020212814.751.80$360
Mar 2020917630.341.86$2,902
Feb 2020689449.881.98$3,578
Jan 20209217657.252.09$5,636
Dec 20194221459.012.30$2,972
Nov 20196913055.302.75$4,173
Oct 2019676153.472.42$3,730
Sep 2019918255.052.66$5,227
Aug 20196727553.112.30$4,192
Jul 20194717656.272.46$3,078
Jun 20199151352.782.49$6,081
May 20197056058.482.74$5,628
Apr 20199438462.632.75$6,943
Mar 20197148256.803.06$5,509
Feb 20196934850.852.79$4,480
Jan 20199226446.033.23$5,087
Dec 20187143046.594.19$5,108
Nov 20189230452.934.24$6,158
Oct 20189171561.443.40$8,021
Sep 20189468259.543.11$7,716
Aug 20186826959.403.07$4,864
Jul 20189064765.142.93$7,760
Jun 20187137660.183.08$5,430
May 20189032265.382.90$6,818
Apr 20187117863.842.90$5,049
Mar 20187016361.222.79$4,740
Feb 20187019161.782.77$4,853
Jan 20186818062.874.01$4,997
Dec 20174327657.272.92$3,269
Nov 20177034655.423.12$4,958
Oct 20174868949.292.98$4,422
Sep 20178868547.523.09$6,297
Aug 201711382745.373.00$7,611
Jul 201711658543.873.09$6,895
Jun 201713443842.493.09$7,046
May 20177914945.373.26$4,070
Apr 20174282147.933.21$4,650
Mar 20176490246.772.98$5,685
Feb 20176478750.452.95$5,553
Jan 20176192149.413.42$6,163
Dec 20163974348.763.72$4,668
Nov 20167677142.492.64$5,268
Oct 20165855946.193.09$4,406
Sep 20165928441.553.10$3,332
Aug 20164517741.442.92$2,382
Jul 20162028041.622.92$1,651
Jun 20164421045.352.69$2,559
May 2016482842.521.99$2,097
Apr 2016244936.561.99$975
Mar 20164911333.011.79$1,820
Feb 20164911126.472.06$1,526
Jan 2016966227.352.36$2,772
Dec 2015499932.362.00$1,784
Nov 2015498438.792.17$2,083
Oct 2015478143.552.43$2,243
Sep 20159613742.992.76$4,505
Aug 2015718440.162.87$3,093
Jul 20151229548.152.95$6,154
Jun 2015907656.152.88$5,273
May 20154116755.212.96$2,757
Apr 20156326149.822.71$3,845
Mar 20156217942.892.93$3,184
Feb 20156119944.662.98$3,317
Jan 20154023243.433.10$2,457
Dec 20148382354.693.59$7,495
Nov 20146290370.464.25$8,208
Oct 201410076378.303.90$10,806
Sep 2014821,37886.164.05$12,640
Aug 2014821,21189.394.04$12,217
Jul 2014761,33696.564.18$12,923
Jun 2014561,10198.164.74$10,712
May 2014741,17594.734.73$12,564
Apr 20145536595.944.81$7,032
Mar 20147331195.895.06$8,573
Feb 20143728497.406.19$5,362
Jan 20147437290.404.86$8,498
Dec 20137138491.824.35$8,191
Nov 20137563288.853.74$9,026
Oct 20133693697.423.78$7,045
Sep 2013181,007104.113.72$5,618
Aug 201371626104.253.52$9,607
Jul 201372348102.523.72$8,675
Jun 20137241894.403.93$8,441
May 20135269394.834.15$7,806
Apr 20138242093.964.28$9,503
Mar 20139246593.623.91$10,433
Feb 20133557891.233.42$5,170
Jan 20138964191.603.42$10,345
Dec 20126751786.773.42$7,582
Nov 20127573686.953.62$9,189
Oct 20129655389.383.40$10,461
Sep 20125967894.672.92$7,564
Aug 20129283792.662.91$10,959
Jul 20129288085.133.02$10,490
Jun 20126990079.822.52$7,775
May 20129868491.612.49$10,680
Apr 201295700101.652.00$11,055
Mar 201277595105.052.22$9,411
Feb 201258603101.102.57$7,414
Jan 20127870998.092.73$9,589
Dec 20119758596.873.24$11,292
Nov 20117663195.723.31$9,364
Oct 20115761284.983.65$7,077
Sep 20119652483.623.99$10,116
Aug 20113739183.404.15$4,708
Jul 20115724594.144.52$6,473
Jun 20117627892.904.64$8,350
May 20115918498.134.40$6,600
Apr 201198178105.964.33$11,155
Mar 20117855696.364.06$9,772
Feb 20113834585.644.18$4,696
Jan 201111235586.504.59$11,317
Dec 20105538785.734.35$6,398
Nov 20108223080.843.80$7,502
Oct 20108143578.103.51$7,852
Sep 20107945172.633.98$7,533
Aug 201013938073.684.42$11,921
Jul 201011025172.554.74$9,169
Jun 201010841570.364.91$9,637
May 201010737571.124.24$9,198
Apr 20108344181.694.12$8,598
Mar 201013735778.394.39$12,306
Feb 201010926973.585.44$9,484
Jan 201010540374.365.96$10,211
Dec 20095634571.445.48$5,893
Nov 20098438574.593.75$7,710
Oct 200913753572.544.11$12,137
Sep 200911450165.543.06$9,007
Aug 20098652867.423.22$7,497
Jul 200914144961.133.46$10,175
Jun 200911433566.163.90$8,847
May 200911428854.743.93$7,371
Apr 200911530946.773.59$6,487
Mar 200911554742.144.06$7,066
Feb 200912940432.814.63$6,104
Jan 200916833135.865.37$7,802
Dec 200811446737.105.98$7,021
Nov 200814354855.496.86$11,695
Oct 200811345975.246.92$11,679
Sep 2008115438101.767.88$15,153
Aug 2008169278114.228.48$21,661
Jul 2008109367131.0811.39$18,468
Jun 2008112676131.3313.03$23,519
May 2008141524123.1711.57$23,432
Apr 2008115569110.3110.45$18,634
Mar 200886577101.909.66$14,340
Feb 20085657492.538.77$10,216
Jan 200811049290.388.21$13,979
Dec 200714135988.337.30$15,076
Nov 200714332691.677.29$15,486
Oct 200720037082.856.92$19,131
Sep 200720032075.846.24$17,166
Aug 200714130869.066.39$11,705
Jul 200711425270.906.39$9,692
Jun 20078427662.007.55$7,291
May 20078558458.747.85$9,575
Apr 200714468859.617.81$13,954
Mar 200717272756.927.30$15,099
Feb 20075649055.108.22$7,111
Jan 20077931750.306.73$6,106
Dec 200611263056.656.92$10,703
Nov 200611456854.207.62$10,506
Oct 200616877854.906.01$13,902
Sep 200614183660.085.04$12,682
Aug 200617179068.717.34$17,548
Jul 200616971969.376.34$16,284
Jun 200619865766.286.38$17,318
May 200624490666.016.42$21,927
Apr 200619877364.397.36$18,439
Mar 200613841856.707.08$10,785
Feb 200613837957.597.75$10,885
Jan 200613826060.598.93$10,684
Dec 200513828854.9413.42$11,445
Nov 200513831054.6910.59$10,830
Oct 200513841558.3413.80$13,776
Sep 20051383161.4512.08$8,855
Aug 200513836161.519.80$12,025
Jul 200513837955.697.84$10,658
Jun 200513844452.337.38$10,499
May 200513851145.226.65$9,639
Apr 200513860349.207.36$11,228
Mar 200513850150.377.15$10,536
Feb 200513843445.226.31$8,980
Jan 200513830143.166.32$7,859
Dec 200413838039.866.75$8,066
Nov 200413843445.286.33$8,996
Oct 200413849649.706.52$10,090
Sep 200413853443.245.28$8,789
Aug 200413855242.375.55$8,911
Jul 200413853838.286.08$8,556
Jun 200413837736.106.43$7,407
May 200413830137.486.49$7,127
Apr 200413839634.475.86$7,077
Mar 200413837634.365.53$6,821
Feb 200413830532.455.51$6,159
Jan 200413831032.036.30$6,373
Dec 200311127030.266.30$5,060
Nov 200311822728.804.60$4,442
Oct 200313332328.174.76$5,284
Sep 200312234526.314.75$4,848
Aug 200310142529.765.13$5,186
Jul 200311837729.415.17$5,420
Jun 20037439928.565.98$4,501
May 200311824626.595.97$4,607
Apr 200310614426.675.41$3,606
Mar 200317732031.146.10$7,463
Feb 20034820833.487.93$3,256
Jan 200312626130.315.58$5,276
Dec 200211429526.914.85$4,500
Nov 20026828124.664.14$2,839
Oct 20027731626.464.23$3,374
Sep 200210127927.443.64$3,786
Aug 200210840425.963.16$4,082
Jul 200212243924.583.06$4,343
Jun 200211848823.733.34$4,429
May 200212845524.663.58$4,787
Apr 20028441123.653.51$3,430
Mar 200211842922.003.10$3,927
Feb 20027932918.222.38$2,221
Jan 20021731817.172.38$1,047
Dec 20017031016.932.36$1,918
Nov 20016325718.072.41$1,757
Oct 20019626619.782.53$2,572
Sep 20014723024.262.25$1,658
Aug 200110153324.873.05$4,139
Jul 200112643123.933.20$4,393
Jun 200111840124.563.82$4,432
May 20014134425.524.31$2,528
Apr 200112232724.685.34$4,756
Mar 20016634424.545.38$3,469
Feb 200103627.755.77$208
Jan 20014119427.478.40$2,756
Dec 20005530226.889.12$4,233
Nov 2000639532.215.66$2,567
Oct 20004112231.235.15$1,908
Sep 20006013631.875.19$2,618
Aug 200023251229.644.54$9,201
Jul 200014458828.534.09$6,513
Jun 200012652229.304.40$5,987
May 200028853427.263.68$9,816
Apr 200011451824.513.12$4,408
Mar 200028845528.422.86$9,486
Feb 200018334527.622.73$5,995
Jan 200011532325.272.48$3,707
Dec 199917928024.282.42$5,025
Nov 199918550123.192.43$5,510
Oct 199917956420.982.80$5,337
Sep 199918541321.752.62$5,105
Aug 199918026319.262.88$4,223
Jul 199918643217.892.37$4,352
Jun 199912536815.942.36$2,862
May 19998939215.792.32$2,315
Apr 199912933015.102.21$2,677
Mar 19998839112.471.84$1,816
Feb 19991133059.981.82$1,682
Jan 19997128010.381.90$1,269
Dec 19981832189.201.77$2,070
Nov 1998030110.892.19$658
Oct 199814670112.421.97$3,194
Sep 199821072512.592.08$4,154
Aug 199825160811.301.91$3,996
Jul 199827959711.742.24$4,611
Jun 199824168811.242.24$4,248
May 199818850712.622.21$3,491
Apr 199829259113.042.51$5,288
Mar 199818462212.802.31$3,792
Feb 199826963813.952.30$5,219
Jan 199832864414.702.15$6,209
Dec 199722141816.322.41$4,615
Nov 199721647618.193.09$5,399
Oct 199720638119.253.15$5,166
Sep 199727354817.742.95$6,462
Aug 199723169617.862.55$5,904
Jul 199739465317.582.25$8,394
Jun 199723860117.242.26$5,460
May 199725753018.972.31$6,099
Apr 19973454117.882.08$1,735
Mar 19972136618.951.94$1,108
Feb 19971222920.492.21$751
Jan 19971816623.483.54$1,010
Dec 19961623123.32$373
Nov 19961328821.97$286
Oct 19961647723.31$373
Sep 19961131222.22$244
Aug 19962044020.26$405
Jul 19964542119.55$880
Jun 19967154718.73$1,330
May 199610334719.43$2,001
Apr 19961231721.51$258
Mar 19963625319.38$698
Feb 19963922716.98$662
Jan 199642117.07$717
Dec 19956225217.19$1,066
Nov 19955459016.00$864
Oct 19956250815.43$957
Sep 19956336116.18$1,019
Aug 19957943015.92$1,258
Jul 19956632215.24$1,006
Jun 19956731016.41$1,099
May 199516229217.56$2,845
Apr 19956325717.73$1,117
Mar 19959928516.44$1,628
Feb 19959718816.58$1,608
Jan 199512233915.92$1,942
Dec 1994964915.03$1,443
Nov 1994925015.90$1,463
Oct 199414472515.58$2,244
Sep 1994105015.29$1,605
Aug 1994126116.13$2,032
Jul 199431117.56$544
Jun 199430117.09$513
May 199431115.88$492
Apr 199431114.14$438
Mar 199431112.46$386
Feb 199428112.50$350
Jan 199431112.66$392
Dec 199331112.33$382
Nov 199330114.49$435
Oct 199330115.85$476
Sep 199331115.03$466
Aug 199331115.66$485
Jul 199331115.46$479
Jun 199331116.79$520
May 199331117.68$548
Apr 199331118.05$560
Mar 199331118.14$562
Feb 199328117.90$501
Jan 199331116.93$525

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                   23 bbl  × $ 98.93 =     $2,275
Casinghead gas         0 Mcf  × $  2.87 =         $0

────────────────────────────────────────────────────
Month total                                   $2,275

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/583 is the state's own key, not one this site invented.