POWELL

Operated by OSBORN HEIRS COMPANY (P-5 627140) in the CAMAR (STRAWN-OIL) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 17038District 7CField 14981710OilCasinghead gasSave
Value, all time
$4.8 M
Mar 2009 – Feb 2016
Value, last 12 filed months
$23 k
at the published price for each month
Months reported
84
no gaps in the span
Streams
2
oil, casinghead gas

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
OilDisposition54,030 bbl$4,301,123
Casinghead gasProduction125,808 Mcf$491,754
Total$4,792,876

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 30.8638, -100.1672. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.86379, -100.16717 · 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
100.0%
1 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
4,593 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 4,593 ft.

Completions filed
Mar 2009
1 of 1 wells

1 well

42-413325841034,593 ftMar 2009Yes

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 (84)

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

84 months

Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 201546095742.892.93$22,538
Feb 201530992044.662.98$16,538
Jan 201531797543.433.10$16,790
Dec 201444994854.693.59$27,960
Nov 201430294870.464.25$25,310
Oct 201430193878.303.90$27,227
Sep 20143091,01486.164.05$30,726
Aug 20144661,05089.394.04$45,893
Jul 20143021,06496.564.18$33,608
Jun 201445797698.164.74$49,482
May 201428699494.734.73$31,791
Apr 201430997095.944.81$34,310
Mar 201432065495.895.06$33,992
Feb 201448894097.406.19$53,352
Jan 201448899890.404.86$48,966
Dec 201330987891.824.35$32,196
Nov 201347165288.853.74$44,286
Oct 201329287797.423.78$31,761
Sep 20134571,021104.113.72$51,374
Aug 20135741,162104.253.52$63,933
Jul 20133131,200102.523.72$36,550
Jun 20134181,15394.403.93$43,994
May 20134211,03694.834.15$44,222
Apr 20132911,09093.964.28$32,010
Mar 201345187693.623.91$45,650
Feb 20134391,03691.233.42$43,593
Jan 20134711,21391.603.42$47,292
Dec 20124681,25586.773.42$44,901
Nov 20124471,22786.953.62$43,314
Oct 20123121,25189.383.40$32,140
Sep 20125231,31794.672.92$53,356
Aug 20126051,45892.662.91$60,299
Jul 20125641,48485.133.02$52,496
Jun 20124511,38579.822.52$39,488
May 20125311,36991.612.49$52,051
Apr 20125741,343101.652.00$61,029
Mar 20126251,392105.052.22$68,749
Feb 20125971,312101.102.57$63,729
Jan 20128011,42298.092.73$82,458
Dec 20115221,72796.873.24$56,161
Nov 20117481,69195.723.31$77,198
Oct 20115991,56184.983.65$56,598
Sep 20116921,53883.623.99$63,995
Aug 20116561,55083.404.15$61,142
Jul 20117321,72194.144.52$76,685
Jun 20115921,51792.904.64$62,036
May 20116981,71798.134.40$76,058
Apr 20117161,541105.964.33$82,545
Mar 20118951,75996.364.06$93,379
Feb 20115931,46685.644.18$56,912
Jan 20111,0741,79886.504.59$101,152
Dec 20107731,87185.734.35$74,404
Nov 20101,1361,46480.843.80$97,391
Oct 20108271,71578.103.51$70,606
Sep 20101,0841,84672.633.98$86,077
Aug 20101,1042,13773.684.42$90,787
Jul 20108952,11972.554.74$74,969
Jun 20101,2722,13870.364.91$99,996
May 20101,3792,25671.124.24$107,629
Apr 20101,8462,33081.694.12$160,406
Mar 20101,9312,33978.394.39$161,636
Feb 20101,2661,98273.585.44$103,939
Jan 20102,1902,81974.365.96$179,661
Dec 20092,3742,74371.445.48$184,640
Nov 20091,9042,50474.593.75$151,413
Oct 20094861,13972.544.11$39,936
Sep 20096002,39565.543.06$46,664
Aug 20098254,12667.423.22$68,901
Jul 20091,0875,54461.133.46$85,656
Jun 20091,3346,00866.163.90$111,659
May 20091,7346,84654.743.93$121,795
Apr 20092,2096,37046.773.59$126,167
Mar 200928977642.144.06$15,328

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.

Mar 2015 — as filed, then multipliedworked
Oil                  460 bbl  × $ 42.89 =    $19,729
Casinghead gas       957 Mcf  × $  2.93 =     $2,809

────────────────────────────────────────────────────
Month total                                  $22,538

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/17038 is the state's own key, not one this site invented.