POWELL "34-B"

Operated by JM COX RESOURCES, L.P. (P-5 433075) in the SPRABERRY (TREND AREA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 10838District 7CField 85279200NGPA filingOilCasinghead gasSaveExport
Value, all time
$389 k
Jan 1993 – Aug 2004
Value, last 12 filed months
$19 k
at the published price for each month
Months reported
140
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 7,461 leases and 22,481 wells, and the rule below applies to all of them.

Discovered
1904-12-31
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 2016-03-08.

The Commission's schedule remark for this field reads: AREA) 85279200.

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
OilDisposition11,431 bbl$220,553
Casinghead gasProduction81,897 Mcf$168,154
Total$388,706

35,233 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 31.5445, -102.0472. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.54448, -102.04717 · 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
9,350 ft
1 wells filed one
Completion to plug
19.9 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 9,350 ft.

Completions filed
Jul 1984
1 of 1 wells
Plug dates filed
Jun 2004
1 of 1 wells

Last completion to plug: a median of 19.9 years across the 1 well that filed both dates, with the middle half between 19.9 years and 19.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4613215219,350 ftJul 1984Jun 2004Yes

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 (140)

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

140 months

Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 200491037.486.49$3,411
Apr 20040034.475.86$0
Mar 2004013934.365.53$769
Feb 200401232.455.51$66
Jan 200406232.036.30$391
Dec 200308430.266.30$529
Nov 2003055528.804.60$2,550
Oct 200317565728.174.76$8,057
Sep 2003068426.314.75$3,249
Aug 2003071729.765.13$3,678
Jul 200317779929.415.17$9,337
Jun 2003071228.565.98$4,260
May 2003071226.595.97$4,253
Apr 200318170326.675.41$8,629
Mar 2003066731.146.10$4,066
Feb 2003055233.487.93$4,375
Jan 200319058930.315.58$9,047
Dec 2002064426.914.85$3,126
Nov 2002060324.664.14$2,495
Oct 200217956426.464.23$7,122
Sep 2002026727.443.64$971
Aug 200209725.963.16$307
Jul 200208524.583.06$260
Jun 2002027223.733.34$908
May 200217951524.663.58$6,260
Apr 2002059223.653.51$2,079
Mar 2002066422.003.10$2,060
Feb 200212545918.222.38$3,368
Jan 2002067217.172.38$1,596
Dec 2001064916.932.36$1,535
Nov 2001057818.072.41$1,390
Oct 2001056619.782.53$1,431
Sep 200115649924.262.25$4,908
Aug 2001049124.873.05$1,499
Jul 2001055823.933.20$1,784
Jun 2001051224.563.82$1,958
May 2001061025.524.31$2,627
Apr 200115668724.685.34$7,515
Mar 2001059924.545.38$3,220
Feb 200117754627.755.77$8,061
Jan 2001060227.478.40$5,056
Dec 200016461026.889.12$9,973
Nov 2000062532.215.66$3,536
Oct 200017369331.235.15$8,969
Sep 2000067731.875.19$3,511
Aug 200016265629.644.54$7,780
Jul 2000061528.534.09$2,515
Jun 200018259629.304.40$7,953
May 2000064927.263.68$2,388
Apr 200017859824.513.12$6,226
Mar 2000056128.422.86$1,604
Feb 200017354527.622.73$6,264
Jan 2000056525.272.48$1,401
Dec 199917754024.282.42$5,606
Nov 1999050223.192.43$1,222
Oct 199918050620.982.80$5,195
Sep 1999059921.752.62$1,569
Aug 199918455919.262.88$5,151
Jul 1999053017.892.37$1,257
Jun 199918256715.942.36$4,240
May 1999056515.792.32$1,311
Apr 1999060315.102.21$1,331
Mar 199918362812.471.84$3,436
Feb 199905319.981.82$965
Jan 199918557210.381.90$3,007
Dec 199806129.201.77$1,085
Nov 199818459510.892.19$3,304
Oct 199817863212.421.97$3,455
Sep 1998060112.592.08$1,252
Aug 199817661211.301.91$3,156
Jul 1998062811.742.24$1,405
Jun 199818560211.242.24$3,426
May 1998065612.622.21$1,447
Apr 199818160213.042.51$3,868
Mar 1998051412.802.31$1,187
Feb 199818140113.952.30$3,447
Jan 1998038814.702.15$836
Dec 199717940516.322.41$3,898
Nov 1997042618.193.09$1,316
Oct 199717650019.253.15$4,963
Sep 1997051017.742.95$1,507
Aug 199718348117.862.55$4,497
Jul 1997050017.582.25$1,123
Jun 199718149517.242.26$4,238
May 199717750918.972.31$4,533
Apr 1997049217.882.08$1,025
Mar 1997045818.951.94$888
Feb 199717848320.492.21$4,713
Jan 199718049523.483.54$5,979
Dec 1996035023.32$0
Nov 199618538021.97$4,064
Oct 1996050123.31$0
Sep 199617949922.22$3,977
Aug 199618071920.26$3,647
Jul 1996069219.55$0
Jun 1996067518.73$0
May 199618175119.43$3,517
Apr 199618163521.51$3,893
Mar 1996075819.38$0
Feb 199618270016.98$3,090
Jan 1996065117.07$0
Dec 199518363917.19$3,146
Nov 199518261316.00$2,912
Oct 1995070515.43$0
Sep 199517965216.18$2,896
Aug 1995066415.92$0
Jul 199518470115.24$2,804
Jun 1995057416.41$0
May 199518772817.56$3,284
Apr 1995069617.73$0
Mar 199511473316.44$1,874
Feb 199518166116.58$3,001
Jan 199518472115.92$2,929
Dec 1994073415.03$0
Nov 199418171615.90$2,878
Oct 199418272615.58$2,836
Sep 1994073115.29$0
Aug 199418174716.13$2,920
Jul 1994073917.56$0
Jun 199417778617.09$3,025
May 1994079415.88$0
Apr 199418063914.14$2,545
Mar 199418479812.46$2,293
Feb 1994073512.50$0
Jan 199418079912.66$2,279
Dec 199318290412.33$2,244
Nov 1993087914.49$0
Oct 199318193815.85$2,869
Sep 1993092515.03$0
Aug 199317595415.66$2,741
Jul 1993098215.46$0
Jun 199317996516.79$3,005
May 19931801,02017.68$3,182
Apr 1993094518.05$0
Mar 199317497518.14$3,156
Feb 199336592417.90$6,534
Jan 1993048016.93$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.

May 2004 — as filed, then multipliedworked
Oil                   91 bbl  × $ 37.48 =     $3,411
Casinghead gas         0 Mcf  × $  6.49 =         $0

────────────────────────────────────────────────────
Month total                                   $3,411

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/O/10838 is the state's own key, not one this site invented.