TXL-POWELL

Name: TXL-POWELL lease production and value, Apr 2000 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by BEACH EXPLORATION, INC. (P-5 58915) in the PEGASUS (SPRABERRY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 14982District 7CField 70279750OilCasinghead gasSave Export

Value, all time

$5.3 M

Apr 2000 – Aug 2010

Value, last 12 filed months

$366 k

at the published price for each month

Months reported

125

no gaps in the span

Streams

oil, casinghead gas

The PEGASUS (SPRABERRY) 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 38 leases and 194 wells, and the rule below applies to all of them.

Discovered

1952-01-08

as the register files it

Field class

Oil

the register's own label

Between wells

1,320 ft

minimum

From a lease line

660 ft

minimum

A drilling unit in this field needs at least 80 acres.

The Commission's schedule remark for this field reads: “PEGASUS (CONSOLIDATED).”

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	96,355 bbl	$4,538,996
Casinghead gas	Production	129,958 Mcf	$741,889
Total			$5,280,885

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 31.5853, -102.1614. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.58531, -102.16139 · 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%

1 of 1 wells

With a plug date

0.0%

0 of 1 wells

Median depth

10,825 ft

1 wells filed one

Completion to plug

—

no well filed both dates

What the state filed about each well

On the RRC proration schedule

1100.0%

A plug date is filed

00.0%

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

00.0%

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 10,825 ft.

Completions filed

Apr 2000

1 of 1 wells

1 well


42-46133233	1	10,825 ft	Apr 2000	—	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 (125)

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

125 months


Aug 2010	0	0	73.68	4.42	$0
Jul 2010	0	0	72.55	4.74	$0
Jun 2010	0	0	70.36	4.91	$0
May 2010	0	0	71.12	4.24	$0
Apr 2010	708	542	81.69	4.12	$60,071
Mar 2010	515	571	78.39	4.39	$42,877
Feb 2010	552	558	73.58	5.44	$43,653
Jan 2010	716	594	74.36	5.96	$56,784
Dec 2009	547	590	71.44	5.48	$42,313
Nov 2009	533	594	74.59	3.75	$41,985
Oct 2009	538	614	72.54	4.11	$41,550
Sep 2009	531	573	65.54	3.06	$36,558
Aug 2009	536	490	67.42	3.22	$37,714
Jul 2009	715	489	61.13	3.46	$45,402
Jun 2009	525	553	66.16	3.90	$36,888
May 2009	686	465	54.74	3.93	$39,377
Apr 2009	500	407	46.77	3.59	$24,845
Mar 2009	507	475	42.14	4.06	$23,293
Feb 2009	686	415	32.81	4.63	$24,430
Jan 2009	838	360	35.86	5.37	$31,984
Dec 2008	174	407	37.10	5.98	$8,888
Nov 2008	696	528	55.49	6.86	$42,243
Oct 2008	698	287	75.24	6.92	$54,504
Sep 2008	349	514	101.76	7.88	$39,563
Aug 2008	673	598	114.22	8.48	$81,943
Jul 2008	711	567	131.08	11.39	$99,656
Jun 2008	538	354	131.33	13.03	$75,269
May 2008	717	532	123.17	11.57	$94,470
Apr 2008	695	434	110.31	10.45	$81,203
Mar 2008	689	574	101.90	9.66	$75,756
Feb 2008	350	208	92.53	8.77	$34,210
Jan 2008	716	655	90.38	8.21	$70,087
Dec 2007	725	760	88.33	7.30	$69,589
Nov 2007	714	710	91.67	7.29	$70,629
Oct 2007	881	811	82.85	6.92	$78,605
Sep 2007	685	624	75.84	6.24	$55,847
Aug 2007	718	648	69.06	6.39	$53,724
Jul 2007	891	813	70.90	6.39	$68,365
Jun 2007	670	769	62.00	7.55	$47,345
May 2007	540	448	58.74	7.85	$35,235
Apr 2007	698	833	59.61	7.81	$48,110
Mar 2007	714	813	56.92	7.30	$46,577
Feb 2007	869	875	55.10	8.22	$55,071
Jan 2007	341	658	50.30	6.73	$21,579
Dec 2006	885	1,024	56.65	6.92	$57,220
Nov 2006	708	889	54.20	7.62	$45,146
Oct 2006	693	929	54.90	6.01	$43,633
Sep 2006	698	928	60.08	5.04	$46,610
Aug 2006	701	975	68.71	7.34	$55,322
Jul 2006	878	1,014	69.37	6.34	$67,338
Jun 2006	699	984	66.28	6.38	$52,611
May 2006	692	1,035	66.01	6.42	$52,329
Apr 2006	871	1,025	64.39	7.36	$63,628
Mar 2006	866	1,025	56.70	7.08	$56,362
Feb 2006	709	978	57.59	7.75	$48,412
Jan 2006	867	1,077	60.59	8.93	$62,153
Dec 2005	851	1,134	54.94	13.42	$61,967
Nov 2005	879	1,052	54.69	10.59	$59,212
Oct 2005	1,038	1,166	58.34	13.80	$76,643
Sep 2005	1,031	1,094	61.45	12.08	$76,569
Aug 2005	1,044	1,232	61.51	9.80	$76,286
Jul 2005	1,200	1,242	55.69	7.84	$76,570
Jun 2005	1,056	1,158	52.33	7.38	$63,808
May 2005	1,200	1,216	45.22	6.65	$62,352
Apr 2005	1,572	1,285	49.20	7.36	$86,801
Mar 2005	1,735	1,412	50.37	7.15	$97,495
Feb 2005	1,205	440	45.22	6.31	$57,267
Jan 2005	877	452	43.16	6.32	$40,709
Dec 2004	1,021	780	39.86	6.75	$45,963
Nov 2004	346	650	45.28	6.33	$19,782
Oct 2004	696	1,176	49.70	6.52	$42,253
Sep 2004	690	1,161	43.24	5.28	$35,970
Aug 2004	690	1,242	42.37	5.55	$36,129
Jul 2004	513	1,259	38.28	6.08	$27,298
Jun 2004	514	1,417	36.10	6.43	$27,671
May 2004	520	1,417	37.48	6.49	$28,692
Apr 2004	687	1,452	34.47	5.86	$32,187
Mar 2004	703	1,418	34.36	5.53	$31,997
Feb 2004	526	1,245	32.45	5.51	$23,928
Jan 2004	723	1,280	32.03	6.30	$31,221
Dec 2003	355	1,369	30.26	6.30	$19,369
Nov 2003	700	1,473	28.80	4.60	$26,929
Oct 2003	693	1,550	28.17	4.76	$26,899
Sep 2003	503	1,528	26.31	4.75	$20,491
Aug 2003	564	1,602	29.76	5.13	$25,002
Jul 2003	714	1,652	29.41	5.17	$29,541
Jun 2003	710	1,570	28.56	5.98	$29,671
May 2003	501	1,507	26.59	5.97	$22,322
Apr 2003	718	1,636	26.67	5.41	$27,995
Mar 2003	538	1,754	31.14	6.10	$27,446
Feb 2003	687	1,578	33.48	7.93	$35,508
Jan 2003	713	1,738	30.31	5.58	$31,313
Dec 2002	539	1,548	26.91	4.85	$22,018
Nov 2002	711	1,606	24.66	4.14	$24,177
Oct 2002	895	1,634	26.46	4.23	$30,592
Sep 2002	690	1,699	27.44	3.64	$25,110
Aug 2002	708	1,824	25.96	3.16	$24,151
Jul 2002	703	1,917	24.58	3.06	$23,149
Jun 2002	873	1,621	23.73	3.34	$26,128
May 2002	682	1,404	24.66	3.58	$21,850
Apr 2002	708	959	23.65	3.51	$20,113
Mar 2002	719	1,473	22.00	3.10	$20,388
Feb 2002	844	1,327	18.22	2.38	$18,530
Jan 2002	680	1,419	17.17	2.38	$15,047
Dec 2001	1,152	1,419	16.93	2.36	$22,858
Nov 2001	665	1,388	18.07	2.41	$15,355
Oct 2001	863	1,394	19.78	2.53	$20,595
Sep 2001	853	1,085	24.26	2.25	$23,136
Aug 2001	799	1,612	24.87	3.05	$24,793
Jul 2001	1,003	1,612	23.93	3.20	$29,155
Jun 2001	905	1,688	24.56	3.82	$28,682
May 2001	989	1,455	25.52	4.31	$31,506
Apr 2001	1,018	1,567	24.68	5.34	$33,485
Mar 2001	1,015	1,487	24.54	5.38	$32,903
Feb 2001	1,053	1,408	27.75	5.77	$37,341
Jan 2001	1,250	1,076	27.47	8.40	$43,375
Dec 2000	890	500	26.88	9.12	$28,484
Nov 2000	1,249	862	32.21	5.66	$45,107
Oct 2000	1,225	2,091	31.23	5.15	$49,016
Sep 2000	1,402	2,635	31.87	5.19	$58,348
Aug 2000	1,207	1,112	29.64	4.54	$40,825
Jul 2000	1,552	1,046	28.53	4.09	$48,556
Jun 2000	1,553	1,838	29.30	4.40	$53,585
May 2000	1,949	2,012	27.26	3.68	$60,533
Apr 2000	1,946	1,310	24.51	3.12	$51,778

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 2010 — as filed, then multipliedworked

Oil                  708 bbl  × $ 81.69 =    $57,837
Casinghead gas       542 Mcf  × $  4.12 =     $2,235

────────────────────────────────────────────────────
Month total                                  $60,071

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/14982 is the state's own key, not one this site invented.