POWELL "56"

Name: POWELL "56" lease production and value, Aug 1999 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by EOG RESOURCES, INC. (P-5 253162) in the WORLD, EAST (STRAWN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 14904District 7CField 98797450Hydrogen sulphide fieldOilCasinghead gasSave Export

Value, all time

$22.1 M

Aug 1999 – Feb 2016

Value, last 12 filed months

$18 k

at the published price for each month

Months reported

199

no gaps in the span

Streams

oil, casinghead gas

The WORLD, EAST (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 16 leases and 29 wells, and the rule below applies to all of them.

Discovered

1999-04-14

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 80 acres. The field rule took effect on 2001-07-24.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: “FIELD APPROVED TO GO AOF PER AOF 2 SIGNED BY EACH OPERATOR.”

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	220,268 bbl	$7,494,263
Casinghead gas	Production	3,407,012 Mcf	$14,557,602
Total			$22,051,864

Wells on this lease (5)

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 31.0067, -101.5901. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.6 miles.

31.00614, -101.58938 · 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

100.0%

5 of 5 wells

With a plug date

100.0%

5 of 5 wells

Median depth

8,305 ft

5 wells filed one

Completion to plug

15.9 years

median over 5 wells

What the state filed about each well

On the RRC proration schedule

5100.0%

A plug date is filed

5100.0%

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

5100.0%

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

Between 8,206 and 8,350 ft, median 8,305 ft, over the 5 wells that filed a depth.

Completions filed

Dec 1998 – Dec 1999

5 of 5 wells

Plug dates filed

Feb 2014 – Dec 2015

5 of 5 wells

Last completion to plug: a median of 15.9 years across the 5 wells that filed both dates, with the middle half between 15.0 years and 16.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

5 wells


42-10538296	5	8,250 ft	Dec 1999	Nov 2015	Yes
42-10538281	4	8,206 ft	Sep 1999	Dec 2015	Yes
42-10538255	3	8,350 ft	Jun 1999	Feb 2014	Yes
42-10538241	2	8,310 ft	Mar 1999	Mar 2014	Yes
42-10538212	1	8,305 ft	Dec 1998	Dec 2015	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 (199)

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

199 months


Feb 2016	0	0	26.47	2.06	$0
Jan 2016	0	0	27.35	2.36	$0
Dec 2015	0	0	32.36	2.00	$0
Nov 2015	0	0	38.79	2.17	$0
Oct 2015	0	0	43.55	2.43	$0
Sep 2015	0	0	42.99	2.76	$0
Aug 2015	0	0	40.16	2.87	$0
Jul 2015	0	0	48.15	2.95	$0
Jun 2015	328	0	56.15	2.88	$18,417
May 2015	0	0	55.21	2.96	$0
Apr 2015	0	0	49.82	2.71	$0
Mar 2015	0	0	42.89	2.93	$0
Feb 2015	0	0	44.66	2.98	$0
Jan 2015	0	452	43.43	3.10	$1,401
Dec 2014	0	0	54.69	3.59	$0
Nov 2014	0	325	70.46	4.25	$1,382
Oct 2014	0	192	78.30	3.90	$749
Sep 2014	0	149	86.16	4.05	$603
Aug 2014	0	422	89.39	4.04	$1,703
Jul 2014	0	634	96.56	4.18	$2,650
Jun 2014	0	624	98.16	4.74	$2,956
May 2014	0	861	94.73	4.73	$4,070
Apr 2014	0	831	95.94	4.81	$3,996
Mar 2014	0	937	95.89	5.06	$4,738
Feb 2014	0	729	97.40	6.19	$4,514
Jan 2014	0	977	90.40	4.86	$4,749
Dec 2013	0	972	91.82	4.35	$4,233
Nov 2013	0	1,618	88.85	3.74	$6,049
Oct 2013	139	2,204	97.42	3.78	$21,871
Sep 2013	0	1,900	104.11	3.72	$7,064
Aug 2013	132	2,051	104.25	3.52	$20,986
Jul 2013	151	2,047	102.52	3.72	$23,091
Jun 2013	180	909	94.40	3.93	$20,567
May 2013	183	2,191	94.83	4.15	$26,445
Apr 2013	168	3,103	93.96	4.28	$29,074
Mar 2013	345	3,611	93.62	3.91	$46,428
Feb 2013	196	3,615	91.23	3.42	$30,244
Jan 2013	187	2,757	91.60	3.42	$26,558
Dec 2012	121	3,049	86.77	3.42	$20,927
Nov 2012	144	3,134	86.95	3.62	$23,881
Oct 2012	194	3,242	89.38	3.40	$28,361
Sep 2012	326	3,276	94.67	2.92	$40,423
Aug 2012	187	3,406	92.66	2.91	$27,233
Jul 2012	367	3,368	85.13	3.02	$41,417
Jun 2012	173	2,884	79.82	2.52	$21,074
May 2012	183	2,900	91.61	2.49	$23,981
Apr 2012	189	2,935	101.65	2.00	$25,072
Mar 2012	186	3,028	105.05	2.22	$26,268
Feb 2012	188	2,778	101.10	2.57	$26,147
Jan 2012	307	3,267	98.09	2.73	$39,046
Dec 2011	280	3,456	96.87	3.24	$38,320
Nov 2011	197	3,369	95.72	3.31	$30,013
Oct 2011	193	3,472	84.98	3.65	$29,069
Sep 2011	389	3,385	83.62	3.99	$46,020
Aug 2011	0	3,419	83.40	4.15	$14,187
Jul 2011	538	3,740	94.14	4.52	$67,542
Jun 2011	196	3,457	92.90	4.64	$34,248
May 2011	0	4,002	98.13	4.40	$17,628
Apr 2011	387	3,780	105.96	4.33	$57,386
Mar 2011	0	2,653	96.36	4.06	$10,764
Feb 2011	315	3,018	85.64	4.18	$39,592
Jan 2011	163	4,118	86.50	4.59	$32,996
Dec 2010	361	4,088	85.73	4.35	$48,722
Nov 2010	353	3,924	80.84	3.80	$43,429
Oct 2010	553	4,143	78.10	3.51	$57,727
Sep 2010	0	4,106	72.63	3.98	$16,340
Aug 2010	578	4,083	73.68	4.42	$60,631
Jul 2010	377	4,227	72.55	4.74	$47,372
Jun 2010	9	3,903	70.36	4.91	$19,799
May 2010	186	4,075	71.12	4.24	$30,487
Apr 2010	389	3,743	81.69	4.12	$47,209
Mar 2010	162	3,797	78.39	4.39	$29,363
Feb 2010	356	4,067	73.58	5.44	$48,329
Jan 2010	586	5,532	74.36	5.96	$76,568
Dec 2009	385	4,871	71.44	5.48	$54,216
Nov 2009	577	4,374	74.59	3.75	$59,447
Oct 2009	370	3,498	72.54	4.11	$41,217
Sep 2009	385	3,546	65.54	3.06	$36,101
Aug 2009	381	3,501	67.42	3.22	$36,955
Jul 2009	383	4,507	61.13	3.46	$39,027
Jun 2009	767	5,575	66.16	3.90	$72,459
May 2009	581	6,199	54.74	3.93	$56,140
Apr 2009	575	6,230	46.77	3.59	$49,243
Mar 2009	584	4,780	42.14	4.06	$44,012
Feb 2009	189	3,079	32.81	4.63	$20,466
Jan 2009	375	3,355	35.86	5.37	$31,467
Dec 2008	434	2,284	37.10	5.98	$29,753
Nov 2008	182	2,146	55.49	6.86	$24,822
Oct 2008	182	1,879	75.24	6.92	$26,700
Sep 2008	181	2,057	101.76	7.88	$34,622
Aug 2008	181	3,832	114.22	8.48	$53,181
Jul 2008	361	4,087	131.08	11.39	$93,868
Jun 2008	534	5,031	131.33	13.03	$135,697
May 2008	365	6,514	123.17	11.57	$120,352
Apr 2008	551	6,173	110.31	10.45	$125,319
Mar 2008	553	6,140	101.90	9.66	$115,688
Feb 2008	548	4,934	92.53	8.77	$93,980
Jan 2008	716	5,205	90.38	8.21	$107,423
Dec 2007	363	4,978	88.33	7.30	$68,413
Nov 2007	549	5,058	91.67	7.29	$87,208
Oct 2007	380	5,740	82.85	6.92	$71,215
Sep 2007	386	5,451	75.84	6.24	$63,311
Aug 2007	735	6,240	69.06	6.39	$90,620
Jul 2007	555	7,059	70.90	6.39	$84,442
Jun 2007	192	5,522	62.00	7.55	$53,587
May 2007	567	5,448	58.74	7.85	$76,052
Apr 2007	375	5,384	59.61	7.81	$64,377
Mar 2007	191	5,501	56.92	7.30	$51,040
Feb 2007	0	5,052	55.10	8.22	$41,507
Jan 2007	185	5,354	50.30	6.73	$45,321
Dec 2006	331	5,874	56.65	6.92	$59,390
Nov 2006	571	6,799	54.20	7.62	$82,739
Oct 2006	741	7,296	54.90	6.01	$84,558
Sep 2006	183	7,558	60.08	5.04	$49,066
Aug 2006	385	8,514	68.71	7.34	$88,945
Jul 2006	376	7,442	69.37	6.34	$73,286
Jun 2006	375	7,137	66.28	6.38	$70,417
May 2006	0	7,112	66.01	6.42	$45,695
Apr 2006	546	7,035	64.39	7.36	$86,938
Mar 2006	546	8,165	56.70	7.08	$88,790
Feb 2006	364	8,240	57.59	7.75	$84,832
Jan 2006	565	9,369	60.59	8.93	$117,930
Dec 2005	745	10,917	54.94	13.42	$187,386
Nov 2005	572	11,296	54.69	10.59	$150,889
Oct 2005	383	9,689	58.34	13.80	$156,011
Sep 2005	555	8,663	61.45	12.08	$138,745
Aug 2005	371	13,277	61.51	9.80	$152,893
Jul 2005	754	13,277	55.69	7.84	$146,130
Jun 2005	733	10,793	52.33	7.38	$118,021
May 2005	946	12,156	45.22	6.65	$123,630
Apr 2005	561	12,100	49.20	7.36	$116,663
Mar 2005	951	12,894	50.37	7.15	$140,157
Feb 2005	776	12,215	45.22	6.31	$112,191
Jan 2005	1,163	14,470	43.16	6.32	$141,677
Dec 2004	1,153	14,205	39.86	6.75	$141,858
Nov 2004	578	12,934	45.28	6.33	$108,049
Oct 2004	1,329	17,023	49.70	6.52	$176,958
Sep 2004	1,303	16,636	43.24	5.28	$144,245
Aug 2004	960	12,862	42.37	5.55	$112,068
Jul 2004	1,516	15,734	38.28	6.08	$153,761
Jun 2004	1,132	13,958	36.10	6.43	$130,657
May 2004	185	11,179	37.48	6.49	$79,537
Apr 2004	971	11,219	34.47	5.86	$99,196
Mar 2004	379	11,108	34.36	5.53	$74,451
Feb 2004	1,182	13,095	32.45	5.51	$110,504
Jan 2004	955	12,164	32.03	6.30	$107,217
Dec 2003	782	11,455	30.26	6.30	$95,849
Nov 2003	1,544	17,992	28.80	4.60	$127,143
Oct 2003	1,142	16,016	28.17	4.76	$108,401
Sep 2003	1,131	14,420	26.31	4.75	$98,242
Aug 2003	1,132	14,962	29.76	5.13	$110,439
Jul 2003	970	13,198	29.41	5.17	$96,772
Jun 2003	1,145	14,705	28.56	5.98	$120,681
May 2003	1,747	21,150	26.59	5.97	$172,775
Apr 2003	2,128	13,911	26.67	5.41	$131,974
Mar 2003	1,550	11,273	31.14	6.10	$116,988
Feb 2003	985	11,141	33.48	7.93	$121,280
Jan 2003	977	9,649	30.31	5.58	$83,474
Dec 2002	788	10,444	26.91	4.85	$71,898
Nov 2002	776	11,016	24.66	4.14	$64,709
Oct 2002	979	13,221	26.46	4.23	$81,818
Sep 2002	966	15,563	27.44	3.64	$83,082
Aug 2002	962	16,388	25.96	3.16	$76,828
Jul 2002	1,352	17,502	24.58	3.06	$86,819
Jun 2002	1,156	17,814	23.73	3.34	$86,899
May 2002	1,706	22,950	24.66	3.58	$124,323
Apr 2002	1,947	22,849	23.65	3.51	$126,300
Mar 2002	988	16,300	22.00	3.10	$72,310
Feb 2002	786	14,858	18.22	2.38	$49,619
Jan 2002	1,572	18,573	17.17	2.38	$71,115
Dec 2001	971	15,421	16.93	2.36	$52,900
Nov 2001	1,372	26,960	18.07	2.41	$89,645
Oct 2001	1,357	26,541	19.78	2.53	$93,960
Sep 2001	1,342	30,496	24.26	2.25	$101,213
Aug 2001	963	30,982	24.87	3.05	$118,543
Jul 2001	1,545	39,958	23.93	3.20	$164,721
Jun 2001	1,346	40,371	24.56	3.82	$187,443
May 2001	1,554	43,965	25.52	4.31	$229,029
Apr 2001	1,744	40,536	24.68	5.34	$259,314
Mar 2001	2,340	45,181	24.54	5.38	$300,337
Feb 2001	3,103	51,400	27.75	5.77	$382,536
Jan 2001	2,923	51,939	27.47	8.40	$516,518
Dec 2000	3,481	58,022	26.88	9.12	$622,875
Nov 2000	3,272	9,000	32.21	5.66	$156,313
Oct 2000	3,435	70,926	31.23	5.15	$472,225
Sep 2000	3,772	75,830	31.87	5.19	$513,506
Aug 2000	3,379	75,302	29.64	4.54	$442,081
Jul 2000	3,926	84,843	28.53	4.09	$458,995
Jun 2000	4,615	90,118	29.30	4.40	$531,491
May 2000	5,053	99,886	27.26	3.68	$505,300
Apr 2000	4,905	110,301	24.51	3.12	$463,919
Mar 2000	5,608	114,300	28.42	2.86	$486,249
Feb 2000	5,350	127,744	27.62	2.73	$496,061
Jan 2000	7,920	150,117	25.27	2.48	$572,504
Dec 1999	11,876	189,004	24.28	2.42	$746,442
Nov 1999	13,018	196,786	23.19	2.43	$780,863
Oct 1999	15,045	156,765	20.98	2.80	$755,168
Sep 1999	10,931	130,844	21.75	2.62	$580,410
Aug 1999	13,815	128,200	19.26	2.88	$634,729

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.

Jun 2015 — as filed, then multipliedworked

Oil                  328 bbl  × $ 56.15 =    $18,417
Casinghead gas         0 Mcf  × $  2.88 =         $0

────────────────────────────────────────────────────
Month total                                  $18,417

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/14904 is the state's own key, not one this site invented.