POWELL

Operated by PETX OPERATING LLC (P-5 102221) in the TILLERY, NW. (STRAWN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 16788District 7CField 90011500OilCasinghead gasSaveExport
Value, all time
$2.3 M
Sep 2008 – May 2026
Value, last 12 filed months
$53 k
at the published price for each month
Months reported
213
no gaps in the span
Streams
2
oil, casinghead gas

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 6 leases and 7 wells, and the rule below applies to all of them.

Discovered
1968-01-15
as the register files it
Field class
Oil and gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: ALLOCATION FORMULA EFF. 1-1-80 PER AMENDMENT TO SWR 28 & 29

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.

StreamBasisVolumeValue
OilDisposition31,923 bbl$2,123,789
Casinghead gasProduction50,209 Mcf$193,422
Total$2,317,211

Wells on this lease (2)

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 30.8626, -100.1681. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

30.86266, -100.16809 · centre of the wells drawn, derived

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%
1 of 2 wells
With a plug date
0.0%
0 of 2 wells
Median depth
4,534 ft
2 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
150.0%
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.
150.0%

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 4,475 and 4,593 ft, median 4,534 ft, over the 2 wells that filed a depth.

Completions filed
Sep 2008 – Mar 2009
2 of 2 wells

2 wells

42-413325841034,593 ftMar 2009Yes
42-413325261014,475 ftSep 2008

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 (213)

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

213 months

May 202600106.413.05$0
Apr 2026833098.932.87$8,297
Mar 202604689.753.15$145
Feb 20261071863.503.75$6,862
Jan 2026744959.138.00$4,768
Dec 20251065656.664.41$6,253
Nov 20251005858.593.93$6,087
Oct 202506259.383.30$205
Sep 20252075362.743.08$13,150
Aug 20251051963.933.01$6,770
Jul 202501666.743.32$53
Jun 20250066.483.13$0
May 20251012360.553.23$6,190
Apr 2025973462.363.54$6,169
Mar 2025903567.704.27$6,242
Feb 20251991170.884.34$14,153
Jan 20251073774.324.28$8,111
Dec 20241063868.993.12$7,432
Nov 20241052069.052.20$7,294
Oct 20241013071.372.28$7,277
Sep 20241053769.612.36$7,397
Aug 20241073675.632.06$8,167
Jul 2024944079.932.15$7,599
Jun 20241073878.082.63$8,455
May 2024933978.812.20$7,415
Apr 20241515684.451.66$12,845
Mar 20241084480.301.55$8,740
Feb 20241062876.091.78$8,115
Jan 20241084173.023.30$8,021
Dec 20231084771.262.61$7,819
Nov 20232105177.892.81$16,500
Oct 202304585.443.09$139
Sep 20231054889.042.74$9,480
Aug 2023898580.522.67$7,393
Jul 20232088374.852.64$15,788
Jun 202308068.962.26$181
May 20232037470.622.23$14,501
Apr 20237025878.122.24$6,046
Mar 20231517772.852.39$11,185
Feb 20231046975.112.47$7,982
Jan 20231047776.533.39$8,220
Dec 20222026576.415.73$15,807
Nov 202207085.005.65$395
Oct 20222116687.185.86$18,782
Sep 20221066084.888.16$9,487
Aug 20222006994.529.13$19,534
Jul 2022252101.587.54$595
Jun 202219871115.097.98$23,354
May 202221270109.378.43$23,777
Apr 202210457104.226.84$11,229
Mar 202210154108.885.08$11,271
Feb 20222054791.054.86$18,894
Jan 202210610181.844.54$9,133
Dec 202120211671.323.90$14,859
Nov 20211324277.435.24$10,441
Oct 20211426979.795.71$11,724
Sep 202186969.865.35$928
Aug 20212137666.024.22$14,383
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 202006157.252.09$128
Dec 201906159.012.30$141
Nov 201906655.302.75$182
Oct 201906653.472.42$160
Sep 201906955.052.66$183
Aug 201907053.112.30$161
Jul 201907856.272.46$192
Jun 201907652.782.49$189
May 201907858.482.74$214
Apr 201907562.632.75$206
Mar 201907656.803.06$233
Feb 201906950.852.79$193
Jan 201907746.033.23$249
Dec 201807746.594.19$322
Nov 201806452.934.24$271
Oct 201808261.443.40$279
Sep 201808259.543.11$255
Aug 201808859.403.07$270
Jul 201808865.142.93$258
Jun 201805560.183.08$169
May 201809365.382.90$270
Apr 201808963.842.90$258
Mar 201809361.222.79$259
Feb 201808461.782.77$232
Jan 201808762.874.01$349
Dec 201708957.272.92$260
Nov 2017010355.423.12$321
Oct 201707149.292.98$212
Sep 201709947.523.09$306
Aug 2017010645.373.00$318
Jul 2017010643.873.09$327
Jun 2017010542.493.09$324
May 2017010545.373.26$343
Apr 2017010047.933.21$321
Mar 2017010346.772.98$307
Feb 20171610550.452.95$1,117
Jan 20173212349.413.42$2,002
Dec 20163211748.763.72$1,996
Nov 20163211842.492.64$1,672
Oct 20163213846.193.09$1,905
Sep 20163213841.553.10$1,757
Aug 20161614441.442.92$1,084
Jul 20163215041.622.92$1,770
Jun 20163214045.352.69$1,827
May 20163214342.521.99$1,645
Apr 20163214736.561.99$1,463
Mar 20161414533.011.79$722
Feb 20165213626.472.06$1,657
Jan 20165414527.352.36$1,820
Dec 20155315232.362.00$2,019
Nov 20155213938.792.17$2,318
Oct 20155414743.552.43$2,708
Sep 20155417342.992.76$2,799
Aug 20155318540.162.87$2,660
Jul 20155417648.152.95$3,118
Jun 20155418656.152.88$3,568
May 20155318955.212.96$3,485
Apr 20155417449.822.71$3,161
Mar 20158116942.892.93$3,970
Feb 20155516244.662.98$2,938
Jan 20155617243.433.10$2,965
Dec 20147916754.693.59$4,920
Nov 20145316770.464.25$4,444
Oct 20145316678.303.90$4,797
Sep 20145517986.164.05$5,463
Aug 20148318589.394.04$8,166
Jul 20145418896.564.18$6,000
Jun 20148117298.164.74$8,766
May 20145017594.734.73$5,564
Apr 20145517195.944.81$6,099
Mar 20145711595.895.06$6,047
Feb 20148616697.406.19$9,404
Jan 20148617690.404.86$8,630
Dec 20135515591.824.35$5,725
Nov 20138411588.853.74$7,893
Oct 20135215597.423.78$5,652
Sep 201381180104.113.72$9,102
Aug 2013101205104.253.52$11,251
Jul 201355212102.523.72$6,427
Jun 20137520394.403.93$7,878
May 20137518394.834.15$7,872
Apr 20135219293.964.28$5,708
Mar 20138015593.623.91$8,096
Feb 20137718391.233.42$7,651
Jan 20138321491.603.42$8,335
Dec 20128322286.773.42$7,961
Nov 20127921686.953.62$7,652
Oct 20125522189.383.40$5,667
Sep 20129223394.672.92$9,390
Aug 201210625792.662.91$10,569
Jul 201210026285.133.02$9,304
Jun 20128024479.822.52$7,000
May 20129424291.612.49$9,214
Apr 2012101237101.652.00$10,740
Mar 2012110246105.052.22$12,102
Feb 2012106231101.102.57$11,310
Jan 201214225198.092.73$14,615
Dec 20119330596.873.24$9,997
Nov 201113129895.723.31$13,526
Oct 201110427684.983.65$9,845
Sep 201112227283.623.99$11,286
Aug 201111627383.404.15$10,807
Jul 201112930494.144.52$13,517
Jun 201110526892.904.64$10,998
May 201112330398.134.40$13,405
Apr 2011126272105.964.33$14,530
Mar 201115831096.364.06$16,483
Feb 201110525985.644.18$10,075
Jan 201119031786.504.59$17,890
Dec 20101362,20285.734.35$21,233
Nov 201020125880.843.80$17,228
Oct 201014630378.103.51$12,466
Sep 201019132672.633.98$15,170
Aug 201019537773.684.42$16,034
Jul 201015837472.554.74$13,234
Jun 201022437770.364.91$17,612
May 201024339871.124.24$18,968
Apr 201032641181.694.12$28,325
Mar 201034141378.394.39$28,544
Feb 201022435073.585.44$18,387
Jan 201038749774.365.96$31,741
Dec 200959368671.445.48$46,126
Nov 200963583474.593.75$50,493
Oct 200925058772.544.11$20,548
Sep 20093091,23465.543.06$24,034
Aug 20094252,12567.423.22$35,493
Jul 20095602,85661.133.46$44,127
Jun 20096873,09566.163.90$57,507
May 20098943,52654.743.93$62,780
Apr 20091,1383,28146.773.59$64,995
Mar 20091,1543,10242.144.06$61,221
Feb 20091,2934532.814.63$42,632
Jan 20091,86046335.865.37$69,186
Dec 20082,15680037.105.98$84,769
Nov 20081,97732655.496.86$111,940
Oct 20082,54115075.246.92$192,223
Sep 2008891369101.767.88$93,575

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 2026 — as filed, then multipliedworked
Oil                   83 bbl  × $ 98.93 =     $8,211
Casinghead gas        30 Mcf  × $  2.87 =        $86

────────────────────────────────────────────────────
Month total                                   $8,297

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/16788 is the state's own key, not one this site invented.