POWELL, VIRGIL

Name: POWELL, VIRGIL lease production and value, Jun 2002 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by COG OPERATING LLC (P-5 166150) in the SPRABERRY (TREND AREA CL. FK.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 15265District 7CField 85279400OilCasinghead gasSave Export

Value, all time

$1.5 M

Jun 2002 – Jul 2010

Value, last 12 filed months

$153 k

at the published price for each month

Months reported

no gaps in the span

Streams

oil, casinghead gas

The SPRABERRY (TREND AREA CL. FK.) 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 161 leases and 210 wells, and the rule below applies to all of them.

Discovered

1955-05-11

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

660 ft

minimum

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

The Commission's schedule remark for this field reads: “SEE DIST. 8 FOR MORE INFORMATION”

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	26,288 bbl	$1,297,310
Casinghead gas	Production	31,339 Mcf	$190,143
Total			$1,487,453

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 31.6182, -102.1501. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.61825, -102.15011 · 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

100.0%

1 of 1 wells

Median depth

12,300 ft

1 wells filed one

Completion to plug

21.3 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 12,300 ft.

Completions filed

Jun 2002

1 of 1 wells

Plug dates filed

Oct 2023

1 of 1 wells

Last completion to plug: a median of 21.3 years across the 1 well that filed both dates, with the middle half between 21.3 years and 21.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-46103287	4210	12,300 ft	Jun 2002	Oct 2023	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 (98)

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

98 months


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	200	132	81.69	4.12	$16,882
Mar 2010	356	96	78.39	4.39	$28,328
Feb 2010	363	113	73.58	5.44	$27,325
Jan 2010	0	163	74.36	5.96	$972
Dec 2009	356	170	71.44	5.48	$26,365
Nov 2009	353	163	74.59	3.75	$26,942
Oct 2009	0	159	72.54	4.11	$654
Sep 2009	0	155	65.54	3.06	$475
Aug 2009	351	326	67.42	3.22	$24,714
Jul 2009	113	162	61.13	3.46	$7,469
Jun 2009	349	161	66.16	3.90	$23,717
May 2009	177	172	54.74	3.93	$10,364
Apr 2009	0	168	46.77	3.59	$603
Mar 2009	331	109	42.14	4.06	$14,391
Feb 2009	0	132	32.81	4.63	$612
Jan 2009	0	131	35.86	5.37	$704
Dec 2008	182	132	37.10	5.98	$7,541
Nov 2008	172	130	55.49	6.86	$10,436
Oct 2008	167	163	75.24	6.92	$13,693
Sep 2008	339	206	101.76	7.88	$36,119
Aug 2008	0	221	114.22	8.48	$1,875
Jul 2008	340	182	131.08	11.39	$46,640
Jun 2008	0	210	131.33	13.03	$2,737
May 2008	364	255	123.17	11.57	$47,785
Apr 2008	179	13	110.31	10.45	$19,881
Mar 2008	175	236	101.90	9.66	$20,113
Feb 2008	356	229	92.53	8.77	$34,949
Jan 2008	177	276	90.38	8.21	$18,262
Dec 2007	373	247	88.33	7.30	$34,751
Nov 2007	0	250	91.67	7.29	$1,823
Oct 2007	317	246	82.85	6.92	$27,966
Sep 2007	157	239	75.84	6.24	$13,399
Aug 2007	152	254	69.06	6.39	$12,120
Jul 2007	173	267	70.90	6.39	$13,971
Jun 2007	148	261	62.00	7.55	$11,146
May 2007	328	282	58.74	7.85	$21,479
Apr 2007	178	280	59.61	7.81	$12,796
Mar 2007	158	289	56.92	7.30	$11,104
Feb 2007	313	271	55.10	8.22	$19,473
Jan 2007	157	223	50.30	6.73	$9,397
Dec 2006	170	215	56.65	6.92	$11,118
Nov 2006	333	221	54.20	7.62	$19,732
Oct 2006	159	88	54.90	6.01	$9,258
Sep 2006	340	116	60.08	5.04	$21,012
Aug 2006	163	125	68.71	7.34	$12,117
Jul 2006	166	125	69.37	6.34	$12,308
Jun 2006	168	134	66.28	6.38	$11,990
May 2006	329	134	66.01	6.42	$22,578
Apr 2006	154	129	64.39	7.36	$10,866
Mar 2006	172	130	56.70	7.08	$10,673
Feb 2006	169	90	57.59	7.75	$10,430
Jan 2006	168	96	60.59	8.93	$11,037
Dec 2005	352	59	54.94	13.42	$20,130
Nov 2005	0	213	54.69	10.59	$2,255
Oct 2005	353	281	58.34	13.80	$24,471
Sep 2005	351	207	61.45	12.08	$24,069
Aug 2005	0	315	61.51	9.80	$3,086
Jul 2005	359	267	55.69	7.84	$22,087
Jun 2005	356	227	52.33	7.38	$20,305
May 2005	0	313	45.22	6.65	$2,082
Apr 2005	354	370	49.20	7.36	$20,140
Mar 2005	360	226	50.37	7.15	$19,750
Feb 2005	0	105	45.22	6.31	$663
Jan 2005	349	201	43.16	6.32	$16,334
Dec 2004	0	213	39.86	6.75	$1,438
Nov 2004	180	311	45.28	6.33	$10,119
Oct 2004	352	340	49.70	6.52	$19,710
Sep 2004	357	343	43.24	5.28	$17,249
Aug 2004	0	369	42.37	5.55	$2,048
Jul 2004	354	383	38.28	6.08	$15,881
Jun 2004	345	396	36.10	6.43	$15,002
May 2004	183	423	37.48	6.49	$9,606
Apr 2004	181	464	34.47	5.86	$8,957
Mar 2004	179	387	34.36	5.53	$8,291
Feb 2004	549	436	32.45	5.51	$20,217
Jan 2004	0	442	32.03	6.30	$2,784
Dec 2003	360	535	30.26	6.30	$14,265
Nov 2003	360	592	28.80	4.60	$13,088
Oct 2003	343	513	28.17	4.76	$12,104
Sep 2003	357	569	26.31	4.75	$12,095
Aug 2003	354	498	29.76	5.13	$13,090
Jul 2003	0	607	29.41	5.17	$3,139
Jun 2003	340	613	28.56	5.98	$13,378
May 2003	355	697	26.59	5.97	$13,602
Apr 2003	355	773	26.67	5.41	$13,648
Mar 2003	723	858	31.14	6.10	$27,745
Feb 2003	360	928	33.48	7.93	$19,408
Jan 2003	361	1,492	30.31	5.58	$19,270
Dec 2002	719	1,518	26.91	4.85	$26,716
Nov 2002	342	935	24.66	4.14	$12,302
Oct 2002	1,085	1,146	26.46	4.23	$33,556
Sep 2002	709	963	27.44	3.64	$22,956
Aug 2002	1,371	631	25.96	3.16	$37,588
Jul 2002	1,935	623	24.58	3.06	$49,470
Jun 2002	0	80	23.73	3.34	$267

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                  200 bbl  × $ 81.69 =    $16,338
Casinghead gas       132 Mcf  × $  4.12 =       $544

────────────────────────────────────────────────────
Month total                                  $16,882

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/15265 is the state's own key, not one this site invented.