VIRGIL J. POWELL TR. B

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

Oil lease lease 17014District 7CField 90012500OilCasinghead gasSaveExport
Value, all time
$3.1 M
Aug 2009 – May 2026
Value, last 12 filed months
$21 k
at the published price for each month
Months reported
202
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 4 leases and 5 wells, and the rule below applies to all of them.

Discovered
1968-02-08
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

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
OilDisposition30,654 bbl$2,534,024
Casinghead gasProduction157,023 Mcf$561,284
Total$3,095,308

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 30.8609, -100.1642. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

30.86087, -100.16419 · 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
50.0%
1 of 2 wells
Median depth
4,520 ft
2 wells filed one
Completion to plug
11.7 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
150.0%
A plug date is filed
150.0%
BothOn the schedule and plugged. Neither fact cancels the other.
150.0%
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 4,500 and 4,540 ft, median 4,520 ft, over the 2 wells that filed a depth.

Completions filed
Aug 2009 – Nov 2009
2 of 2 wells
Plug dates filed
Jul 2021
1 of 2 wells; 1 filed none

Last completion to plug: a median of 11.7 years across the 1 well that filed both dates, with the middle half between 11.7 years and 11.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-4133109110014,500 ftNov 2009Jul 2021Yes
42-413325941044,540 ftAug 2009

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 (202)

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

202 months

May 202600106.413.05$0
Apr 2026023498.932.87$672
Mar 2026038089.753.15$1,197
Feb 202615633963.503.75$11,177
Jan 2026027359.138.00$2,183
Dec 2025031056.664.41$1,368
Nov 2025035258.593.93$1,382
Oct 2025040759.383.30$1,345
Sep 2025023362.743.08$717
Aug 202507763.933.01$232
Jul 2025033366.743.32$1,104
Jun 20250066.483.13$0
May 2025028460.553.23$918
Apr 2025032862.363.54$1,162
Mar 2025032967.704.27$1,404
Feb 2025028570.884.34$1,237
Jan 2025021274.324.28$907
Dec 202416825268.993.12$12,377
Nov 2024034269.052.20$752
Oct 2024036671.372.28$835
Sep 2024034069.612.36$804
Aug 2024040275.632.06$830
Jul 2024043279.932.15$927
Jun 2024041378.082.63$1,088
May 2024036978.812.20$811
Apr 202411321284.451.66$9,895
Mar 2024030780.301.55$474
Feb 2024031976.091.78$569
Jan 2024029373.023.30$966
Dec 2023040271.262.61$1,050
Nov 2023043177.892.81$1,210
Oct 20233744285.443.09$4,526
Sep 202317644289.042.74$16,880
Aug 2023046680.522.67$1,246
Jul 2023046174.852.64$1,218
Jun 2023043668.962.26$985
May 2023043070.622.23$958
Apr 2023038978.122.24$870
Mar 2023236272.852.39$1,012
Feb 2023026275.112.47$646
Jan 2023022176.533.39$749
Dec 202217710676.415.73$14,132
Nov 202206085.005.65$339
Oct 202201387.185.86$76
Sep 20220084.888.16$0
Aug 20220694.529.13$55
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 20220457104.226.84$3,125
Mar 20220647108.885.08$3,284
Feb 2022037091.054.86$1,798
Jan 2022052181.844.54$2,364
Dec 2021059371.323.90$2,312
Nov 2021059077.435.24$3,090
Oct 2021065679.795.71$3,748
Sep 202118055069.865.35$15,518
Aug 2021058166.024.22$2,452
Jul 2021062170.783.98$2,473
Jun 2021048469.493.38$1,636
May 2021048463.483.02$1,461
Apr 2021048960.362.76$1,349
Mar 2021036361.302.72$986
Feb 2021024157.805.55$1,337
Jan 202116941250.412.81$9,677
Dec 2020050544.642.68$1,351
Nov 2020057638.772.71$1,559
Oct 2020757936.972.48$1,694
Sep 2020058037.091.99$1,155
Aug 2020058539.982.39$1,395
Jul 2020059738.371.83$1,090
Jun 202017059434.901.69$6,937
May 2020060216.921.81$1,092
Apr 2020058614.751.80$1,057
Mar 2020060030.341.86$1,114
Feb 2020056349.881.98$1,115
Jan 2020057757.252.09$1,209
Dec 201916949459.012.30$11,111
Nov 2019056255.302.75$1,546
Oct 2019060253.472.42$1,456
Sep 2019059555.052.66$1,581
Aug 2019058353.112.30$1,343
Jul 2019068356.272.46$1,680
Jun 201917867352.782.49$11,071
May 2019068158.482.74$1,866
Apr 2019068162.632.75$1,873
Mar 2019072356.803.06$2,214
Feb 2019065050.852.79$1,815
Jan 2019072246.033.23$2,331
Dec 201817655146.594.19$10,506
Nov 2018046552.934.24$1,970
Oct 2018073861.443.40$2,508
Sep 2018063659.543.11$1,977
Aug 2018070959.403.07$2,174
Jul 2018070165.142.93$2,055
Jun 201811243760.183.08$8,085
May 20181864565.382.90$3,048
Apr 2018062263.842.90$1,804
Mar 2018068261.222.79$1,901
Feb 201811659061.782.77$8,798
Jan 20181466662.874.01$3,550
Dec 20171466957.272.92$2,756
Nov 20173566355.423.12$4,007
Oct 201712269549.292.98$8,087
Sep 2017966547.523.09$2,481
Aug 20172266545.373.00$2,996
Jul 20172972343.873.09$3,504
Jun 201713568542.493.09$7,851
May 20173372045.373.26$3,847
Apr 20173970247.933.21$4,124
Mar 201714073146.772.98$8,729
Feb 20173666350.452.95$3,774
Jan 20172673749.413.42$3,804
Dec 201615171748.763.72$10,032
Nov 20165669742.492.64$4,223
Oct 201612570346.193.09$7,946
Sep 2016075541.553.10$2,341
Aug 2016080341.442.92$2,348
Jul 2016074441.622.92$2,176
Jun 201616355145.352.69$8,872
May 2016071442.521.99$1,422
Apr 2016066436.561.99$1,322
Mar 201617357533.011.79$6,742
Feb 2016039126.472.06$807
Jan 20161777827.352.36$5,025
Dec 201505132.362.00$102
Nov 2015074438.792.17$1,612
Oct 201514473743.552.43$8,060
Sep 201516768542.992.76$9,069
Aug 2015077040.162.87$2,212
Jul 201517677748.152.95$10,763
Jun 201517376556.152.88$11,919
May 201517377055.212.96$11,827
Apr 201517676649.822.71$10,842
Mar 201517878442.892.93$9,935
Feb 201518070444.662.98$10,134
Jan 201517880243.433.10$10,217
Dec 201417884854.693.59$12,780
Nov 201435383370.464.25$28,414
Oct 201417992778.303.90$17,632
Sep 201434890086.164.05$33,625
Aug 201416884989.394.04$18,443
Jul 201416885896.564.18$19,808
Jun 201417483798.164.74$21,045
May 201436187094.734.73$38,310
Apr 201418185395.944.81$21,467
Mar 201436059095.895.06$37,504
Feb 201436275297.406.19$39,915
Jan 201431677890.404.86$32,348
Dec 201316078591.824.35$18,109
Nov 201344776888.853.74$42,587
Oct 201315781897.423.78$18,386
Sep 2013306827104.113.72$34,932
Aug 2013509889104.253.52$56,195
Jul 2013289904102.523.72$32,989
Jun 201343391094.403.93$44,455
May 201329763294.834.15$30,787
Apr 201315385693.964.28$18,042
Mar 201345554093.623.91$44,710
Feb 201345867891.233.42$44,102
Jan 201315923291.603.42$15,358
Dec 201247283086.773.42$43,794
Nov 201243989986.953.62$41,430
Oct 201229794889.383.40$29,769
Sep 201258696794.672.92$58,299
Aug 20123021,06892.662.91$31,089
Jul 20127611,13285.133.02$68,203
Jun 201229381279.822.52$25,433
May 20125631,03491.612.49$54,149
Apr 20127061,102101.652.00$73,965
Mar 20124291,392105.052.22$48,160
Feb 2012583969101.102.57$61,432
Jan 20125911,04498.092.73$60,826
Dec 20115921,05096.873.24$60,749
Nov 20115011,20395.723.31$51,939
Oct 20116791,27784.983.65$62,361
Sep 20115031,27483.623.99$47,139
Aug 20116751,29383.404.15$61,660
Jul 20115171,31594.144.52$54,611
Jun 20116681,28092.904.64$67,996
May 20114991,39098.134.40$55,090
Apr 20114621,192105.964.33$54,119
Mar 20116321,47896.364.06$66,896
Feb 20113561,27285.644.18$35,805
Jan 20118251,43286.504.59$77,934
Dec 20105451,50185.734.35$53,249
Nov 20103601,57780.843.80$35,088
Oct 20105251,74378.103.51$47,119
Sep 20107071,75372.633.98$58,325
Aug 20105151,93973.684.42$46,514
Jul 20105172,18072.554.74$47,834
Jun 20106322,47370.364.91$56,611
May 20107122,91171.124.24$62,966
Apr 20104942,89081.694.12$52,269
Mar 20104713,93278.394.39$54,178
Feb 20101061,08773.585.44$13,715
Jan 201001,71774.365.96$10,240
Dec 200902,81971.445.48$15,459
Nov 200903,73474.593.75$14,008
Oct 200904,20372.544.11$17,275
Sep 200904,03965.543.06$12,379
Aug 200902,62767.423.22$8,455

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                    0 bbl  × $ 98.93 =         $0
Casinghead gas       234 Mcf  × $  2.87 =       $672

────────────────────────────────────────────────────
Month total                                     $672

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/17014 is the state's own key, not one this site invented.