POWELL, VIRGIL "B"

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

Oil lease lease 17149District 7CField 70279100OilCasinghead gasSaveExport
Value, all time
$16.4 M
May 2010 – May 2026
Value, last 12 filed months
$386 k
at the published price for each month
Months reported
193
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 165 leases and 521 wells, and the rule below applies to all of them.

Discovered
2010-04-20
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 20 acres. The field rule took effect on 2013-11-12.

The Commission's schedule remark for this field reads: ALLOCATION FORMULA REMAINS SUSPENDED.

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
OilDisposition188,907 bbl$14,320,622
Casinghead gasProduction604,611 Mcf$2,061,633
Total$16,382,255

Wells on this lease (5)

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 31.5977, -102.1580. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.9 miles.

31.59783, -102.15794 · 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
40.0%
2 of 5 wells
With a plug date
40.0%
2 of 5 wells
Median depth
10,815 ft
5 wells filed one
Completion to plug
7.7 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
240.0%
A plug date is filed
240.0%
BothOn the schedule and plugged. Neither fact cancels the other.
240.0%
NeitherNo plug date, and not on the schedule.
360.0%

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 10,260 and 11,125 ft, median 10,815 ft, over the 5 wells that filed a depth.

Completions filed
Mar 2004 – Jul 2012
5 of 5 wells
Plug dates filed
Jan 2013 – Sep 2017
2 of 5 wells; 3 filed none

Last completion to plug: a median of 7.7 years across the 2 wells that filed both dates, with the middle half between 5.4 years and 10.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

5 wells

42-46138001481111,125 ftJul 2012
42-46137353481510,915 ftNov 2011
42-46136362480710,260 ftDec 2009Jan 2013Yes
42-46133091480610,815 ftJun 2005Sep 2017Yes
42-46133008480510,750 ftMar 2004

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 (193)

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

193 months

May 20261900106.413.05$20,218
Apr 20263391,85398.932.87$38,855
Mar 20265751,87189.753.15$57,499
Feb 20261841,52363.503.75$17,396
Jan 20265761,71459.138.00$47,767
Dec 2025046456.664.41$2,048
Nov 20255613,52058.593.93$46,690
Oct 20255562,32759.383.30$40,706
Sep 20255462,55662.743.08$42,121
Aug 20255522,80463.933.01$43,743
Jul 2025068766.743.32$2,278
Jun 202536975966.483.13$26,906
May 20255512,93160.553.23$42,837
Apr 20255674,62162.363.54$51,731
Mar 20255614,56067.704.27$57,443
Feb 20254333,58570.884.34$46,253
Jan 20253853,75474.324.28$44,675
Dec 20247014,33368.993.12$61,887
Nov 20249272,36569.052.20$69,209
Oct 20243751,64171.372.28$30,508
Sep 2024048369.612.36$1,142
Aug 202455183675.632.06$43,397
Jul 20245352,23979.932.15$47,569
Jun 202402,21978.082.63$5,845
May 20247173,65478.812.20$64,540
Apr 20245182,22384.451.66$47,434
Mar 20245491,51080.301.55$46,418
Feb 20243682,19576.091.78$31,916
Jan 20247241,84673.023.30$58,954
Dec 20236591,50771.262.61$50,895
Nov 20238862,21377.892.81$75,224
Oct 20237332,60585.443.09$70,670
Sep 20233311,63089.042.74$33,930
Aug 20237011,45680.522.67$60,336
Jul 20235162,03674.852.64$44,001
Jun 20235482,05668.962.26$42,434
May 20231,1092,33170.622.23$83,510
Apr 20236551,86478.122.24$55,340
Mar 20237031,77072.852.39$55,449
Feb 20231,0611,24475.112.47$82,759
Jan 2023079876.533.39$2,703
Dec 202273071876.415.73$59,893
Nov 20226901,48685.005.65$67,040
Oct 20221,2372,06887.185.86$119,968
Sep 20229021,64284.888.16$89,967
Aug 20221,1001,12394.529.13$114,222
Jul 2022736847101.587.54$81,151
Jun 2022341272115.097.98$41,415
May 2022369198109.378.43$42,027
Apr 20221,0751,773104.226.84$124,160
Mar 20221,1022,015108.885.08$130,215
Feb 20227351,85591.054.86$75,935
Jan 20221,0362,09981.844.54$94,311
Dec 20211,0712,29571.323.90$85,332
Nov 20217051,34877.435.24$61,647
Oct 20211,0561,20179.795.71$91,121
Sep 20216791,28969.865.35$54,332
Aug 20217061,44066.024.22$52,688
Jul 20211,0351,54970.783.98$79,426
Jun 20211,0321,32769.493.38$76,200
May 20211,0621,47563.483.02$71,867
Apr 20211,2971,87260.362.76$83,451
Mar 20219072,07661.302.72$61,239
Feb 202169289757.805.55$44,974
Jan 20211,4152,34650.412.81$77,923
Dec 20201,0981,90044.642.68$54,098
Nov 20201,1171,89538.772.71$48,435
Oct 20201,0891,67636.972.48$44,414
Sep 20203601,25037.091.99$15,841
Aug 202001,09739.982.39$2,616
Jul 20203561,03938.371.83$15,556
Jun 2020071534.901.69$1,209
May 2020616716.921.81$405
Apr 20203692,01714.751.80$9,082
Mar 20207333,25730.341.86$28,285
Feb 20207312,23749.881.98$40,893
Jan 20207283,39257.252.09$48,783
Dec 20197142,80759.012.30$48,601
Nov 20193572,85955.302.75$27,606
Oct 20191,4213,26653.472.42$83,880
Sep 20193663,21355.052.66$28,686
Aug 20193682,49653.112.30$25,296
Jul 20193472,56656.272.46$25,838
Jun 20191,0752,81752.782.49$63,756
May 20197193,77658.482.74$52,395
Apr 20197003,54662.632.75$53,595
Mar 20191,0783,50356.803.06$71,957
Feb 20193681,86250.852.79$23,912
Jan 201936064746.033.23$18,659
Dec 20187243,23446.594.19$47,267
Nov 20187394,16352.934.24$56,755
Oct 20181,1033,65161.443.40$80,175
Sep 20183613,33659.543.11$31,862
Aug 20187182,18759.403.07$49,356
Jul 20187092,30665.142.93$52,945
Jun 20183532,42060.183.08$28,690
May 20187323,30865.382.90$57,454
Apr 20187243,11563.842.90$55,256
Mar 20183613,36161.222.79$31,467
Feb 20181,0792,87761.782.77$74,619
Jan 20187393,01262.874.01$58,537
Dec 20177303,05657.272.92$50,735
Nov 20177263,24255.423.12$50,345
Oct 20171,0844,45849.292.98$66,732
Sep 20172656547.523.09$2,980
Aug 20170045.373.00$0
Jul 2017362043.873.09$15,881
Jun 20177143,02342.493.09$39,671
May 20173593,03145.373.26$26,179
Apr 20177092,85347.933.21$43,145
Mar 20177173,20946.772.98$43,109
Feb 20176982,86950.452.95$43,685
Jan 20171,0672,66849.413.42$61,842
Dec 20167001,80948.763.72$40,867
Nov 20167012,23942.492.64$35,706
Oct 20163502,08446.193.09$22,607
Sep 20167042,70441.553.10$37,635
Aug 20167062,48841.442.92$36,532
Jul 20166992,74241.622.92$37,111
Jun 20166892,23745.352.69$37,254
May 20167282,80742.521.99$36,543
Apr 20163432,46136.561.99$17,440
Mar 20161,1022,79233.011.79$41,386
Feb 20163672,42526.472.06$14,719
Jan 20161,1023,24427.352.36$37,810
Dec 20157133,58332.362.00$30,244
Nov 20157353,79738.792.17$36,740
Oct 20151,0974,36043.552.43$58,354
Sep 20157173,24542.992.76$39,775
Aug 20151,0842,59940.162.87$50,999
Jul 20155462,97248.152.95$35,043
Jun 20151,4283,66156.152.88$90,736
May 20153622,72055.212.96$28,025
Apr 20151,1194,19249.822.71$67,095
Mar 20151,4795,91442.892.93$80,790
Feb 20153525,33244.662.98$31,589
Jan 20151,4633,76643.433.10$75,215
Dec 20141,0915,82054.693.59$80,569
Nov 20141,1046,08370.464.25$103,652
Oct 20141,4066,44078.303.90$135,212
Sep 20141,3866,25486.164.05$144,718
Aug 20141,3685,70789.394.04$145,314
Jul 20141,0135,74796.564.18$121,835
Jun 20141,3896,23098.164.74$165,855
May 20141,3806,62594.734.73$162,041
Apr 20141,3766,50795.944.81$163,306
Mar 20141,3465,93395.895.06$159,070
Feb 20141,5635,25397.406.19$184,763
Jan 20141,3794,70890.404.86$147,546
Dec 20131,3874,16191.824.35$145,473
Nov 20131,0394,11688.853.74$107,702
Oct 20131,0384,32897.423.78$117,479
Sep 20131,3565,613104.113.72$162,041
Aug 20131,3685,285104.253.52$161,231
Jul 20131,3705,086102.523.72$159,361
Jun 20131,3825,32894.403.93$151,418
May 20131,3825,16394.834.15$152,477
Apr 20131,5534,54693.964.28$165,389
Mar 20131,8844,97693.623.91$195,851
Feb 20131,3846,78991.233.42$149,480
Jan 20131,3918,21691.603.42$155,514
Dec 20122,0878,64986.773.42$210,670
Nov 20121,7327,50486.953.62$177,799
Oct 20122,0665,42789.383.40$203,109
Sep 20122,6089,67394.672.92$275,129
Aug 20123,31114,20392.662.91$348,102
Jul 20123,2878,17285.133.02$304,508
Jun 20121,7224,07879.822.52$147,723
May 20121,7264,86991.612.49$170,234
Apr 20122,0776,047101.652.00$223,202
Mar 20123,8258,922105.052.22$421,642
Feb 20123,1548,555101.102.57$340,858
Jan 20124,9586,70398.092.73$504,657
Dec 20113,5104,46996.873.24$354,492
Nov 20111,7611,99895.723.31$175,179
Oct 20111,39061184.983.65$120,351
Sep 20116981,68383.623.99$65,075
Aug 20111,0261,53683.404.15$91,942
Jul 20111661,11894.144.52$20,678
Jun 20111,3851,53092.904.64$135,766
May 20111,0432,48798.134.40$113,304
Apr 20118872,199105.964.33$103,515
Mar 20111,0652,25896.364.06$111,785
Feb 20118781,45585.644.18$81,274
Jan 20118851,93886.504.59$85,446
Dec 20101,4172,53685.734.35$132,505
Nov 20101,9793,32680.843.80$172,606
Oct 20101,5834,36578.103.51$138,949
Sep 20101,7404,90872.633.98$145,907
Aug 20102,4135,02773.684.42$200,006
Jul 20102,1187,04372.554.74$187,020
Jun 20103,1264,95770.364.91$244,286
May 20103,1473,54071.124.24$238,807

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.

May 2026 — as filed, then multipliedworked
Oil                  190 bbl  × $106.41 =    $20,218
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                  $20,218

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/17149 is the state's own key, not one this site invented.