POWELL 24

Name: POWELL 24 lease production and value, Nov 2002 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by LEGACY RESERVES OPERATING LP (P-5 495445) 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 15309District 7CField 85279200OilCasinghead gasSave Export

Value, all time

$2.1 M

Nov 2002 – Nov 2019

Value, last 12 filed months

at the published price for each month

Months reported

205

no gaps in the span

Streams

oil, casinghead gas

The SPRABERRY (TREND AREA) 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 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.”

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	24,549 bbl	$1,642,877
Casinghead gas	Production	85,289 Mcf	$446,783
Total			$2,089,660

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 31.5617, -102.1223. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.56167, -102.12235 · 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

8,720 ft

1 wells filed one

Completion to plug

16.0 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 8,720 ft.

Completions filed

Nov 2002

1 of 1 wells

Plug dates filed

Nov 2018

1 of 1 wells

Last completion to plug: a median of 16.0 years across the 1 well that filed both dates, with the middle half between 16.0 years and 16.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-46131613	1	8,720 ft	Nov 2002	Nov 2018	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 (205)

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

205 months


Nov 2019	0	0	55.30	2.75	$0
Oct 2019	0	0	53.47	2.42	$0
Sep 2019	0	0	55.05	2.66	$0
Aug 2019	0	0	53.11	2.30	$0
Jul 2019	0	0	56.27	2.46	$0
Jun 2019	0	0	52.78	2.49	$0
May 2019	0	0	58.48	2.74	$0
Apr 2019	0	0	62.63	2.75	$0
Mar 2019	0	0	56.80	3.06	$0
Feb 2019	0	0	50.85	2.79	$0
Jan 2019	0	0	46.03	3.23	$0
Dec 2018	0	0	46.59	4.19	$0
Nov 2018	0	0	52.93	4.24	$0
Oct 2018	0	0	61.44	3.40	$0
Sep 2018	0	0	59.54	3.11	$0
Aug 2018	0	0	59.40	3.07	$0
Jul 2018	0	0	65.14	2.93	$0
Jun 2018	0	0	60.18	3.08	$0
May 2018	0	0	65.38	2.90	$0
Apr 2018	0	0	63.84	2.90	$0
Mar 2018	0	0	61.22	2.79	$0
Feb 2018	0	0	61.78	2.77	$0
Jan 2018	0	0	62.87	4.01	$0
Dec 2017	0	0	57.27	2.92	$0
Nov 2017	0	0	55.42	3.12	$0
Oct 2017	0	0	49.29	2.98	$0
Sep 2017	0	0	47.52	3.09	$0
Aug 2017	174	0	45.37	3.00	$7,894
Jul 2017	0	0	43.87	3.09	$0
Jun 2017	0	0	42.49	3.09	$0
May 2017	0	0	45.37	3.26	$0
Apr 2017	0	0	47.93	3.21	$0
Mar 2017	184	0	46.77	2.98	$8,606
Feb 2017	0	0	50.45	2.95	$0
Jan 2017	0	0	49.41	3.42	$0
Dec 2016	0	0	48.76	3.72	$0
Nov 2016	0	0	42.49	2.64	$0
Oct 2016	0	0	46.19	3.09	$0
Sep 2016	0	0	41.55	3.10	$0
Aug 2016	0	209	41.44	2.92	$611
Jul 2016	174	413	41.62	2.92	$8,450
Jun 2016	187	352	45.35	2.69	$9,426
May 2016	0	395	42.52	1.99	$786
Apr 2016	169	389	36.56	1.99	$6,953
Mar 2016	173	412	33.01	1.79	$6,450
Feb 2016	0	347	26.47	2.06	$716
Jan 2016	171	387	27.35	2.36	$5,592
Dec 2015	175	403	32.36	2.00	$6,470
Nov 2015	0	380	38.79	2.17	$824
Oct 2015	184	390	43.55	2.43	$8,960
Sep 2015	0	434	42.99	2.76	$1,197
Aug 2015	132	358	40.16	2.87	$6,329
Jul 2015	167	443	48.15	2.95	$9,346
Jun 2015	168	499	56.15	2.88	$10,872
May 2015	0	508	55.21	2.96	$1,501
Apr 2015	171	520	49.82	2.71	$9,927
Mar 2015	174	505	42.89	2.93	$8,945
Feb 2015	0	393	44.66	2.98	$1,170
Jan 2015	162	388	43.43	3.10	$8,239
Dec 2014	0	610	54.69	3.59	$2,191
Nov 2014	0	689	70.46	4.25	$2,930
Oct 2014	252	712	78.30	3.90	$22,509
Sep 2014	169	679	86.16	4.05	$17,308
Aug 2014	149	475	89.39	4.04	$15,236
Jul 2014	168	811	96.56	4.18	$19,612
Jun 2014	187	768	98.16	4.74	$21,994
May 2014	0	750	94.73	4.73	$3,545
Apr 2014	165	627	95.94	4.81	$18,845
Mar 2014	0	963	95.89	5.06	$4,870
Feb 2014	0	450	97.40	6.19	$2,786
Jan 2014	384	393	90.40	4.86	$36,624
Dec 2013	0	473	91.82	4.35	$2,060
Nov 2013	0	215	88.85	3.74	$804
Oct 2013	170	865	97.42	3.78	$19,831
Sep 2013	0	856	104.11	3.72	$3,182
Aug 2013	186	879	104.25	3.52	$22,487
Jul 2013	0	916	102.52	3.72	$3,405
Jun 2013	175	867	94.40	3.93	$19,930
May 2013	149	852	94.83	4.15	$17,665
Apr 2013	169	900	93.96	4.28	$19,734
Mar 2013	168	923	93.62	3.91	$19,340
Feb 2013	0	802	91.23	3.42	$2,743
Jan 2013	173	841	91.60	3.42	$18,723
Dec 2012	167	831	86.77	3.42	$17,333
Nov 2012	170	710	86.95	3.62	$17,355
Oct 2012	173	744	89.38	3.40	$17,992
Sep 2012	165	681	94.67	2.92	$17,608
Aug 2012	167	719	92.66	2.91	$17,565
Jul 2012	0	1,014	85.13	3.02	$3,063
Jun 2012	340	1,414	79.82	2.52	$30,701
May 2012	0	415	91.61	2.49	$1,033
Apr 2012	168	1	101.65	2.00	$17,079
Mar 2012	0	0	105.05	2.22	$0
Feb 2012	0	0	101.10	2.57	$0
Jan 2012	174	231	98.09	2.73	$17,699
Dec 2011	0	531	96.87	3.24	$1,720
Nov 2011	175	481	95.72	3.31	$18,344
Oct 2011	171	472	84.98	3.65	$16,254
Sep 2011	166	457	83.62	3.99	$15,702
Aug 2011	169	624	83.40	4.15	$16,684
Jul 2011	1	634	94.14	4.52	$2,958
Jun 2011	184	431	92.90	4.64	$19,093
May 2011	177	654	98.13	4.40	$20,250
Apr 2011	0	709	105.96	4.33	$3,072
Mar 2011	167	793	96.36	4.06	$19,310
Feb 2011	356	680	85.64	4.18	$33,330
Jan 2011	0	769	86.50	4.59	$3,529
Dec 2010	340	748	85.73	4.35	$32,400
Nov 2010	0	659	80.84	3.80	$2,501
Oct 2010	335	678	78.10	3.51	$28,543
Sep 2010	0	665	72.63	3.98	$2,646
Aug 2010	167	661	73.68	4.42	$15,226
Jul 2010	185	694	72.55	4.74	$16,709
Jun 2010	170	648	70.36	4.91	$15,143
May 2010	167	512	71.12	4.24	$14,045
Apr 2010	168	374	81.69	4.12	$15,266
Mar 2010	169	244	78.39	4.39	$14,319
Feb 2010	169	641	73.58	5.44	$15,924
Jan 2010	175	647	74.36	5.96	$16,872
Dec 2009	171	645	71.44	5.48	$15,753
Nov 2009	0	651	74.59	3.75	$2,442
Oct 2009	166	713	72.54	4.11	$14,972
Sep 2009	169	570	65.54	3.06	$12,823
Aug 2009	169	623	67.42	3.22	$13,399
Jul 2009	170	655	61.13	3.46	$12,661
Jun 2009	166	675	66.16	3.90	$13,612
May 2009	165	704	54.74	3.93	$11,796
Apr 2009	334	703	46.77	3.59	$18,143
Mar 2009	175	672	42.14	4.06	$10,102
Feb 2009	2	627	32.81	4.63	$2,971
Jan 2009	527	619	35.86	5.37	$22,223
Dec 2008	170	609	37.10	5.98	$9,947
Nov 2008	173	556	55.49	6.86	$13,414
Oct 2008	176	576	75.24	6.92	$17,229
Sep 2008	343	392	101.76	7.88	$37,992
Aug 2008	2	615	114.22	8.48	$5,446
Jul 2008	512	637	131.08	11.39	$74,368
Jun 2008	2	622	131.33	13.03	$8,369
May 2008	3	737	123.17	11.57	$8,900
Apr 2008	348	801	110.31	10.45	$46,762
Mar 2008	177	748	101.90	9.66	$25,265
Feb 2008	359	863	92.53	8.77	$40,787
Jan 2008	515	834	90.38	8.21	$53,389
Dec 2007	168	625	88.33	7.30	$19,403
Nov 2007	347	641	91.67	7.29	$36,483
Oct 2007	0	178	82.85	6.92	$1,232
Sep 2007	178	124	75.84	6.24	$14,274
Aug 2007	0	344	69.06	6.39	$2,197
Jul 2007	355	682	70.90	6.39	$29,526
Jun 2007	0	238	62.00	7.55	$1,797
May 2007	0	241	58.74	7.85	$1,891
Apr 2007	166	510	59.61	7.81	$13,876
Mar 2007	343	635	56.92	7.30	$24,160
Feb 2007	171	665	55.10	8.22	$14,886
Jan 2007	165	732	50.30	6.73	$13,224
Dec 2006	360	927	56.65	6.92	$26,807
Nov 2006	351	822	54.20	7.62	$25,286
Oct 2006	165	377	54.90	6.01	$11,326
Sep 2006	177	353	60.08	5.04	$12,412
Aug 2006	0	565	68.71	7.34	$4,147
Jul 2006	285	578	69.37	6.34	$23,437
Jun 2006	168	552	66.28	6.38	$14,659
May 2006	359	577	66.01	6.42	$27,405
Apr 2006	0	481	64.39	7.36	$3,540
Mar 2006	167	516	56.70	7.08	$13,124
Feb 2006	0	455	57.59	7.75	$3,527
Jan 2006	173	487	60.59	8.93	$14,833
Dec 2005	189	470	54.94	13.42	$16,689
Nov 2005	0	449	54.69	10.59	$4,754
Oct 2005	173	471	58.34	13.80	$16,591
Sep 2005	170	401	61.45	12.08	$15,290
Aug 2005	0	427	61.51	9.80	$4,183
Jul 2005	175	417	55.69	7.84	$13,017
Jun 2005	173	379	52.33	7.38	$11,851
May 2005	0	361	45.22	6.65	$2,401
Apr 2005	332	355	49.20	7.36	$18,947
Mar 2005	0	402	50.37	7.15	$2,876
Feb 2005	176	386	45.22	6.31	$10,395
Jan 2005	177	447	43.16	6.32	$10,465
Dec 2004	180	455	39.86	6.75	$10,247
Nov 2004	169	274	45.28	6.33	$9,387
Oct 2004	184	199	49.70	6.52	$10,441
Sep 2004	0	197	43.24	5.28	$1,041
Aug 2004	180	202	42.37	5.55	$8,748
Jul 2004	0	214	38.28	6.08	$1,302
Jun 2004	175	203	36.10	6.43	$7,623
May 2004	170	214	37.48	6.49	$7,761
Apr 2004	1	208	34.47	5.86	$1,253
Mar 2004	347	169	34.36	5.53	$12,858
Feb 2004	0	185	32.45	5.51	$1,019
Jan 2004	180	209	32.03	6.30	$7,082
Dec 2003	2	208	30.26	6.30	$1,371
Nov 2003	169	217	28.80	4.60	$5,864
Oct 2003	189	227	28.17	4.76	$6,405
Sep 2003	180	247	26.31	4.75	$5,909
Aug 2003	179	267	29.76	5.13	$6,697
Jul 2003	182	275	29.41	5.17	$6,775
Jun 2003	334	308	28.56	5.98	$11,382
May 2003	185	249	26.59	5.97	$6,406
Apr 2003	178	134	26.67	5.41	$5,472
Mar 2003	182	171	31.14	6.10	$6,710
Feb 2003	152	421	33.48	7.93	$8,426
Jan 2003	9	112	30.31	5.58	$898
Dec 2002	1	0	26.91	4.85	$27
Nov 2002	0	0	24.66	4.14	$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.

Aug 2017 — as filed, then multipliedworked

Oil                  174 bbl  × $ 45.37 =     $7,894
Casinghead gas         0 Mcf  × $  3.00 =         $0

────────────────────────────────────────────────────
Month total                                   $7,894

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/15309 is the state's own key, not one this site invented.