POWELL, VIRGIL J.

Operated by OSBORN HEIRS COMPANY (P-5 627140) in the FORT MCKAVITT (PENN., UPPER) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 155111District 7CField 32078710GasSave
Value, all time
$503 k
Jun 1995 – Aug 2012
Value, last 12 filed months
$0
at the published price for each month
Months reported
207
no gaps in the span
Streams
1
gas

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
GasProduction261,017 Mcf$502,958
Total$502,958

103,645 Mcf of this lease's gas, across 19 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 30.8552, -100.1482. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.85520, -100.14815 · 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
4,451 ft
1 wells filed one
Completion to plug
17.1 years
median over 1 wells

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 4,451 ft.

Completions filed
Jul 1995
1 of 1 wells
Plug dates filed
Aug 2012
1 of 1 wells

Last completion to plug: a median of 17.1 years across the 1 well that filed both dates, with the middle half between 17.1 years and 17.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-413304201 T4,451 ftJul 1995Aug 2012Yes

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 (207)

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

207 months

Aug 2012092.662.91$0
Jul 2012085.133.02$0
Jun 2012079.822.52$0
May 2012091.612.49$0
Apr 20120101.652.00$0
Mar 20120105.052.22$0
Feb 20120101.102.57$0
Jan 2012098.092.73$0
Dec 2011096.873.24$0
Nov 2011095.723.31$0
Oct 2011084.983.65$0
Sep 2011083.623.99$0
Aug 2011083.404.15$0
Jul 2011094.144.52$0
Jun 2011092.904.64$0
May 2011098.134.40$0
Apr 20110105.964.33$0
Mar 2011096.364.06$0
Feb 2011085.644.18$0
Jan 2011086.504.59$0
Dec 2010085.734.35$0
Nov 2010080.843.80$0
Oct 2010078.103.51$0
Sep 2010072.633.98$0
Aug 2010073.684.42$0
Jul 2010072.554.74$0
Jun 2010070.364.91$0
May 2010071.124.24$0
Apr 2010081.694.12$0
Mar 2010078.394.39$0
Feb 2010073.585.44$0
Jan 2010074.365.96$0
Dec 2009071.445.48$0
Nov 2009074.593.75$0
Oct 2009072.544.11$0
Sep 2009065.543.06$0
Aug 2009067.423.22$0
Jul 2009061.133.46$0
Jun 2009066.163.90$0
May 2009054.743.93$0
Apr 2009046.773.59$0
Mar 2009042.144.06$0
Feb 2009032.814.63$0
Jan 2009035.865.37$0
Dec 2008037.105.98$0
Nov 2008055.496.86$0
Oct 2008075.246.92$0
Sep 20080101.767.88$0
Aug 20080114.228.48$0
Jul 20080131.0811.39$0
Jun 20080131.3313.03$0
May 20080123.1711.57$0
Apr 20080110.3110.45$0
Mar 20080101.909.66$0
Feb 2008092.538.77$0
Jan 2008090.388.21$0
Dec 2007088.337.30$0
Nov 2007091.677.29$0
Oct 2007082.856.92$0
Sep 2007075.846.24$0
Aug 2007069.066.39$0
Jul 2007070.906.39$0
Jun 2007062.007.55$0
May 2007058.747.85$0
Apr 2007059.617.81$0
Mar 2007056.927.30$0
Feb 2007055.108.22$0
Jan 2007050.306.73$0
Dec 2006056.656.92$0
Nov 2006054.207.62$0
Oct 2006054.906.01$0
Sep 2006060.085.04$0
Aug 2006068.717.34$0
Jul 2006069.376.34$0
Jun 2006066.286.38$0
May 2006066.016.42$0
Apr 2006064.397.36$0
Mar 2006056.707.08$0
Feb 2006057.597.75$0
Jan 2006060.598.93$0
Dec 2005054.9413.42$0
Nov 2005054.6910.59$0
Oct 2005058.3413.80$0
Sep 2005061.4512.08$0
Aug 2005061.519.80$0
Jul 2005055.697.84$0
Jun 2005052.337.38$0
May 2005045.226.65$0
Apr 2005049.207.36$0
Mar 2005050.377.15$0
Feb 2005045.226.31$0
Jan 2005043.166.32$0
Dec 2004039.866.75$0
Nov 2004045.286.33$0
Oct 2004049.706.52$0
Sep 2004043.245.28$0
Aug 2004042.375.55$0
Jul 2004038.286.08$0
Jun 2004036.106.43$0
May 2004037.486.49$0
Apr 2004034.475.86$0
Mar 2004034.365.53$0
Feb 2004032.455.51$0
Jan 2004032.036.30$0
Dec 2003030.266.30$0
Nov 2003028.804.60$0
Oct 2003028.174.76$0
Sep 20037526.314.75$356
Aug 20031,27229.765.13$6,525
Jul 20031,28029.415.17$6,619
Jun 20031,27228.565.98$7,610
May 20031,34426.595.97$8,027
Apr 20031,28026.675.41$6,921
Mar 20031,34631.146.10$8,205
Feb 20031,21433.487.93$9,622
Jan 20031,34830.315.58$7,525
Dec 20021,35926.914.85$6,596
Nov 20021,21624.664.14$5,031
Oct 20021,38426.464.23$5,853
Sep 20021,38027.443.64$5,017
Aug 20021,46025.963.16$4,620
Jul 20021,46624.583.06$4,489
Jun 20021,43523.733.34$4,790
May 20021,51124.663.58$5,415
Apr 20021,38523.653.51$4,865
Mar 20021,40622.003.10$4,362
Feb 20021,30418.222.38$3,098
Jan 20021,51217.172.38$3,592
Dec 20011,69116.932.36$3,998
Nov 20011,63418.072.41$3,931
Oct 20011,61319.782.53$4,079
Sep 20011,67424.262.25$3,769
Aug 20011,93224.873.05$5,899
Jul 20011,75523.933.20$5,611
Jun 20011,64024.563.82$6,272
May 20011,80525.524.31$7,775
Apr 20011,83224.685.34$9,774
Mar 20012,03024.545.38$10,914
Feb 20011,49127.755.77$8,599
Jan 20011,76127.478.40$14,790
Dec 20001,77226.889.12$16,165
Nov 20001,69432.215.66$9,585
Oct 20001,57731.235.15$8,114
Sep 20001,45331.875.19$7,536
Aug 20001,53029.644.54$6,947
Jul 20001,54828.534.09$6,331
Jun 20001,49729.304.40$6,583
May 20001,58427.263.68$5,829
Apr 20001,51024.513.12$4,705
Mar 20001,67128.422.86$4,779
Feb 20001,56027.622.73$4,253
Jan 20001,64425.272.48$4,078
Dec 19991,65524.282.42$4,011
Nov 19991,64323.192.43$3,999
Oct 19991,73020.982.80$4,850
Sep 19991,76621.752.62$4,625
Aug 19991,75819.262.88$5,055
Jul 19991,77817.892.37$4,218
Jun 19991,79915.942.36$4,249
May 19991,87215.792.32$4,345
Apr 19991,85715.102.21$4,100
Mar 19991,93312.471.84$3,553
Feb 19991,7759.981.82$3,227
Jan 19992,03910.381.90$3,874
Dec 19982,0489.201.77$3,632
Nov 19982,05710.892.19$4,496
Oct 19982,24112.421.97$4,413
Sep 19982,24512.592.08$4,675
Aug 19982,37211.301.91$4,524
Jul 19982,54711.742.24$5,698
Jun 19982,56111.242.24$5,730
May 19982,84412.622.21$6,275
Apr 19982,61713.042.51$6,556
Mar 19982,82412.802.31$6,522
Feb 19982,63813.952.30$6,065
Jan 19983,14914.702.15$6,785
Dec 19972,88016.322.41$6,944
Nov 19972,73818.193.09$8,456
Oct 19972,84419.253.15$8,958
Sep 19972,88117.742.95$8,513
Aug 19973,01517.862.55$7,703
Jul 19973,26017.582.25$7,325
Jun 19973,36117.242.26$7,586
May 19973,49718.972.31$8,073
Apr 19973,39217.882.08$7,065
Mar 19973,58918.951.94$6,960
Feb 19973,30320.492.21$7,286
Jan 19973,71723.483.54$13,157
Dec 19963,63323.32$0
Nov 19963,58521.97$0
Oct 19963,96923.31$0
Sep 19964,02722.22$0
Aug 19964,42220.26$0
Jul 19964,63919.55$0
Jun 19964,88718.73$0
May 19964,83119.43$0
Apr 19965,19921.51$0
Mar 19965,71219.38$0
Feb 19965,62916.98$0
Jan 19966,33717.07$0
Dec 19956,55917.19$0
Nov 19956,91916.00$0
Oct 19957,81615.43$0
Sep 19952,28816.18$0
Aug 19957,92015.92$0
Jul 19955,44415.24$0
Jun 19959,82916.41$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.

Sep 2003 — as filed, then multipliedworked
Gas                   75 Mcf  × $  4.75 =       $356

────────────────────────────────────────────────────
Month total                                     $356

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. 7C/G/155111 is the state's own key, not one this site invented.