POWELL "28"

Name: POWELL "28" lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by ARIES OPERATING, LP (P-5 30128) in the CAMAR, SW. (STRAWN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 10867District 7CField 14988250NGPA filingOilCasinghead gasSave Export

Value, all time

$2.1 M

Jan 1993 – Jan 2005

Value, last 12 filed months

$262 k

at the published price for each month

Months reported

145

no gaps in the span

Streams

oil, casinghead gas

The CAMAR, SW. (STRAWN) 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 26 leases and 63 wells, and the rule below applies to all of them.

Discovered

1959-10-06

as the register files it

Field class

Oil and gas

the register's own label

Between wells

1,200 ft

minimum

From a lease line

467 ft

minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 1983-06-27.

The Commission's schedule remark for this field reads: “OIL RULES ADDED TO GAS 1/24/95”

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	8	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	95,284 bbl	$1,956,343
Casinghead gas	Production	100,523 Mcf	$120,799
Total			$2,077,142

62,726 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 (8)

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 30.8911, -100.2087. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.8 miles.

30.89060, -100.20882 · 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

50.0%

4 of 8 wells

With a plug date

50.0%

4 of 8 wells

Median depth

4,491 ft

8 wells filed one

Completion to plug

13.2 years

median over 3 wells

What the state filed about each well

On the RRC proration schedule

450.0%

A plug date is filed

450.0%

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

450.0%

NeitherNo plug date, and not on the schedule.

450.0%

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, 8 of 8 wells. Median 4,491 ft, with the middle half between 4,418 and 4,563 ft; the shallowest is 4,388 ft and the deepest 4,605 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, 8 of 8 wells, Aug 1984 – Jul 2015. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed

Aug 1984 – Jul 2015

8 of 8 wells

Plug dates filed

Jan 1998 – Dec 2014

4 of 8 wells; 4 filed none

Last completion to plug: a median of 13.2 years across the 3 wells that filed both dates, with the middle half between 11.6 years and 13.3 years. A further 1 well is excluded, because the last completion the Commission holds for it is dated after the plug date. Both dates are the latest of their kind on the wellbore record and they are filed separately, so the two need not run in order. The gap is the distance between two filed dates — it is not a statement of how long the well produced.

8 wells


42-41331538	8	4,420 ft	Jul 2015	—	—
42-41331498	5	4,481 ft	May 2006	—	—
42-41331481	3	4,550 ft	Jan 2005	Jan 1998	Yes
42-41331517	7	4,388 ft	Jan 2005	Dec 2014	Yes
42-41331508	6	4,412 ft	Mar 1985	—	—
42-41331495	4	4,500 ft	Feb 1985	—	—
42-41331472	2	4,600 ft	Nov 1984	Jan 1998	Yes
42-41331427	1	4,605 ft	Aug 1984	Jan 1998	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 (145)

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

145 months


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	952	0	43.24	5.28	$41,164
Aug 2004	765	0	42.37	5.55	$32,413
Jul 2004	1,033	0	38.28	6.08	$39,543
Jun 2004	607	943	36.10	6.43	$27,979
May 2004	906	716	37.48	6.49	$38,607
Apr 2004	892	121	34.47	5.86	$31,456
Mar 2004	757	0	34.36	5.53	$26,011
Feb 2004	767	29	32.45	5.51	$25,049
Jan 2004	609	1	32.03	6.30	$19,513
Dec 2003	608	2	30.26	6.30	$18,411
Nov 2003	609	0	28.80	4.60	$17,539
Oct 2003	883	70	28.17	4.76	$25,207
Sep 2003	906	71	26.31	4.75	$24,174
Aug 2003	761	142	29.76	5.13	$23,376
Jul 2003	727	195	29.41	5.17	$22,389
Jun 2003	910	164	28.56	5.98	$26,971
May 2003	609	185	26.59	5.97	$17,298
Apr 2003	914	182	26.67	5.41	$25,361
Mar 2003	1,075	87	31.14	6.10	$34,006
Feb 2003	771	76	33.48	7.93	$26,415
Jan 2003	605	82	30.31	5.58	$18,795
Dec 2002	608	4	26.91	4.85	$16,381
Nov 2002	906	2	24.66	4.14	$22,350
Oct 2002	0	64	26.46	4.23	$271
Sep 2002	152	24	27.44	3.64	$4,258
Aug 2002	565	132	25.96	3.16	$15,085
Jul 2002	589	119	24.58	3.06	$14,842
Jun 2002	619	135	23.73	3.34	$15,140
May 2002	439	104	24.66	3.58	$11,198
Apr 2002	580	78	23.65	3.51	$13,991
Mar 2002	412	163	22.00	3.10	$9,570
Feb 2002	734	135	18.22	2.38	$13,694
Jan 2002	153	171	17.17	2.38	$3,033
Dec 2001	596	139	16.93	2.36	$10,419
Nov 2001	148	241	18.07	2.41	$3,254
Oct 2001	449	511	19.78	2.53	$10,173
Sep 2001	597	504	24.26	2.25	$15,618
Aug 2001	744	741	24.87	3.05	$20,766
Jul 2001	145	575	23.93	3.20	$5,308
Jun 2001	700	677	24.56	3.82	$19,781
May 2001	445	681	25.52	4.31	$14,290
Apr 2001	592	627	24.68	5.34	$17,956
Mar 2001	456	431	24.54	5.38	$13,507
Feb 2001	444	484	27.75	5.77	$15,112
Jan 2001	447	372	27.47	8.40	$15,403
Dec 2000	459	305	26.88	9.12	$15,120
Nov 2000	438	309	32.21	5.66	$15,856
Oct 2000	150	331	31.23	5.15	$6,388
Sep 2000	298	431	31.87	5.19	$11,733
Aug 2000	145	333	29.64	4.54	$5,810
Jul 2000	288	424	28.53	4.09	$9,951
Jun 2000	431	363	29.30	4.40	$14,225
May 2000	292	466	27.26	3.68	$9,675
Apr 2000	274	530	24.51	3.12	$8,367
Mar 2000	303	457	28.42	2.86	$9,918
Feb 2000	454	374	27.62	2.73	$13,559
Jan 2000	604	283	25.27	2.48	$15,965
Dec 1999	460	362	24.28	2.42	$12,046
Nov 1999	440	363	23.19	2.43	$11,087
Oct 1999	439	357	20.98	2.80	$10,211
Sep 1999	587	473	21.75	2.62	$14,006
Aug 1999	589	565	19.26	2.88	$12,969
Jul 1999	735	630	17.89	2.37	$14,644
Jun 1999	583	909	15.94	2.36	$11,440
May 1999	586	752	15.79	2.32	$10,998
Apr 1999	590	953	15.10	2.21	$11,013
Mar 1999	573	692	12.47	1.84	$8,417
Feb 1999	300	885	9.98	1.82	$4,603
Jan 1999	568	909	10.38	1.90	$7,623
Dec 1998	880	584	9.20	1.77	$9,132
Nov 1998	604	341	10.89	2.19	$7,323
Oct 1998	451	0	12.42	1.97	$5,601
Sep 1998	449	0	12.59	2.08	$5,653
Aug 1998	450	58	11.30	1.91	$5,196
Jul 1998	592	371	11.74	2.24	$7,780
Jun 1998	435	354	11.24	2.24	$5,681
May 1998	670	535	12.62	2.21	$9,636
Apr 1998	515	587	13.04	2.51	$8,186
Mar 1998	690	598	12.80	2.31	$10,213
Feb 1998	521	622	13.95	2.30	$8,698
Jan 1998	510	679	14.70	2.15	$8,960
Dec 1997	493	750	16.32	2.41	$9,854
Nov 1997	345	912	18.19	3.09	$9,092
Oct 1997	706	922	19.25	3.15	$16,495
Sep 1997	524	745	17.74	2.95	$11,497
Aug 1997	494	891	17.86	2.55	$11,099
Jul 1997	685	785	17.58	2.25	$13,806
Jun 1997	681	622	17.24	2.26	$13,144
May 1997	676	1,243	18.97	2.31	$15,693
Apr 1997	693	1,505	17.88	2.08	$15,525
Mar 1997	662	969	18.95	1.94	$14,424
Feb 1997	643	514	20.49	2.21	$14,309
Jan 1997	473	574	23.48	3.54	$13,138
Dec 1996	326	495	23.32	—	$7,602
Nov 1996	162	456	21.97	—	$3,559
Oct 1996	160	774	23.31	—	$3,730
Sep 1996	0	783	22.22	—	$0
Aug 1996	487	789	20.26	—	$9,867
Jul 1996	649	842	19.55	—	$12,688
Jun 1996	669	901	18.73	—	$12,530
May 1996	487	888	19.43	—	$9,462
Apr 1996	653	902	21.51	—	$14,046
Mar 1996	504	823	19.38	—	$9,768
Feb 1996	330	973	16.98	—	$5,603
Jan 1996	844	1,056	17.07	—	$14,407
Dec 1995	680	1,282	17.19	—	$11,689
Nov 1995	828	1,030	16.00	—	$13,248
Oct 1995	834	1,371	15.43	—	$12,869
Sep 1995	1,011	1,298	16.18	—	$16,358
Aug 1995	1,216	1,525	15.92	—	$19,359
Jul 1995	840	1,614	15.24	—	$12,802
Jun 1995	995	1,393	16.41	—	$16,328
May 1995	1,132	1,480	17.56	—	$19,878
Apr 1995	996	1,400	17.73	—	$17,659
Mar 1995	1,172	1,524	16.44	—	$19,268
Feb 1995	1,006	1,469	16.58	—	$16,679
Jan 1995	1,185	1,685	15.92	—	$18,865
Dec 1994	853	1,668	15.03	—	$12,821
Nov 1994	1,192	1,870	15.90	—	$18,953
Oct 1994	1,351	2,167	15.58	—	$21,049
Sep 1994	1,341	2,105	15.29	—	$20,504
Aug 1994	1,577	2,336	16.13	—	$25,437
Jul 1994	1,005	2,520	17.56	—	$17,648
Jun 1994	808	1,307	17.09	—	$13,809
May 1994	1,195	1,420	15.88	—	$18,977
Apr 1994	1,208	1,194	14.14	—	$17,081
Mar 1994	852	970	12.46	—	$10,616
Feb 1994	1,011	927	12.50	—	$12,638
Jan 1994	838	947	12.66	—	$10,609
Dec 1993	857	1,139	12.33	—	$10,567
Nov 1993	1,030	1,020	14.49	—	$14,925
Oct 1993	933	1,274	15.85	—	$14,788
Sep 1993	1,019	1,177	15.03	—	$15,316
Aug 1993	1,008	1,439	15.66	—	$15,785
Jul 1993	1,024	1,517	15.46	—	$15,831
Jun 1993	987	1,402	16.79	—	$16,572
May 1993	1,229	1,621	17.68	—	$21,729
Apr 1993	1,041	1,575	18.05	—	$18,790
Mar 1993	1,213	1,581	18.14	—	$22,004
Feb 1993	913	1,342	17.90	—	$16,343
Jan 1993	1,019	1,455	16.93	—	$17,252

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 2004 — as filed, then multipliedworked

Oil                  952 bbl  × $ 43.24 =    $41,164
Casinghead gas         0 Mcf  × $  5.28 =         $0

────────────────────────────────────────────────────
Month total                                  $41,164

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/10867 is the state's own key, not one this site invented.