POWELL, VIRGIL

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 17164District 7CField 70279100OilCasinghead gasSaveExport
Value, all time
$1.1 M
May 2010 – Nov 2023
Value, last 12 filed months
$65 k
at the published price for each month
Months reported
163
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
OilDisposition15,105 bbl$1,045,552
Casinghead gasProduction8,766 Mcf$30,645
Total$1,076,197

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 31.6182, -102.1501. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.61825, -102.15011 · 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
100.0%
1 of 1 wells
Median depth
12,300 ft
1 wells filed one
Completion to plug
21.3 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 12,300 ft.

Completions filed
Jun 2002
1 of 1 wells
Plug dates filed
Oct 2023
1 of 1 wells

Last completion to plug: a median of 21.3 years across the 1 well that filed both dates, with the middle half between 21.3 years and 21.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-46103287421012,300 ftJun 2002Oct 2023Yes

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 (163)

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

163 months

Nov 2023173077.892.81$13,475
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 2023335076.533.39$25,638
Dec 2022337076.415.73$25,750
Nov 2022174085.005.65$14,790
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 2022192081.844.54$15,713
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 2021285069.865.35$19,910
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 2021321069.493.38$22,306
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 2021332061.302.72$20,352
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 2020343016.921.81$5,804
Apr 2020177014.751.80$2,611
Mar 202001530.341.86$28
Feb 202004349.881.98$85
Jan 202001657.252.09$34
Dec 20190259.012.30$5
Nov 20190055.302.75$0
Oct 2019186053.472.42$9,945
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 2019322052.782.49$16,995
May 2019183058.482.74$10,702
Apr 20190062.632.75$0
Mar 201901956.803.06$58
Feb 20193372850.852.79$17,215
Jan 201902346.033.23$74
Dec 201802146.594.19$88
Nov 201803152.934.24$131
Oct 201822161.443.40$194
Sep 201801659.543.11$50
Aug 20181811859.403.07$10,807
Jul 201801065.142.93$29
Jun 2018174360.183.08$10,481
May 20180965.382.90$26
Apr 20180763.842.90$20
Mar 2018180961.222.79$11,045
Feb 201801361.782.77$36
Jan 2018181462.874.01$11,396
Dec 201704057.272.92$117
Nov 20171774555.423.12$9,950
Oct 201707249.292.98$215
Sep 201701547.523.09$46
Aug 20171684445.373.00$7,754
Jul 20171767143.873.09$7,940
Jun 201708842.493.09$272
May 20171806245.373.26$8,369
Apr 201706647.933.21$212
Mar 20171697846.772.98$8,137
Feb 201709850.452.95$289
Jan 20171755249.413.42$8,825
Dec 20161719348.763.72$8,684
Nov 2016010442.492.64$275
Oct 201617411746.193.09$8,399
Sep 201617610941.553.10$7,651
Aug 2016011941.442.92$348
Jul 201617411041.622.92$7,564
Jun 2016011345.352.69$304
May 20163586242.521.99$15,346
Apr 201607636.561.99$151
Mar 2016011933.011.79$213
Feb 20163659726.472.06$9,862
Jan 201603627.352.36$85
Dec 201503432.362.00$68
Nov 201509538.792.17$206
Oct 201536612043.552.43$16,230
Sep 201507042.992.76$193
Aug 20153474540.162.87$14,065
Jul 201506348.152.95$186
Jun 2015010456.152.88$300
May 2015013355.212.96$393
Apr 201534912449.822.71$17,723
Mar 201505042.892.93$147
Feb 201535110144.662.98$15,976
Jan 201502043.433.10$62
Dec 2014011154.693.59$399
Nov 201408370.464.25$353
Oct 201418210378.303.90$14,652
Sep 201417812786.164.05$15,850
Aug 20141626389.394.04$14,735
Jul 20140096.564.18$0
Jun 2014349498.164.74$34,277
May 20140094.734.73$0
Apr 20143536395.944.81$34,170
Mar 2014011495.895.06$576
Feb 2014015997.406.19$985
Jan 201434712590.404.86$31,976
Dec 201307291.824.35$314
Nov 2013013088.853.74$486
Oct 201333313097.423.78$32,932
Sep 2013060104.113.72$223
Aug 2013061104.253.52$215
Jul 20133380102.523.72$34,652
Jun 2013012094.403.93$472
May 201331212694.834.15$30,110
Apr 2013012093.964.28$514
Mar 201331013293.623.91$29,539
Feb 201306991.233.42$236
Jan 20133367891.603.42$31,044
Dec 201209586.773.42$325
Nov 2012010186.953.62$366
Oct 20123347689.383.40$30,111
Sep 201205894.672.92$169
Aug 2012012292.662.91$355
Jul 20123312085.133.02$28,238
Jun 2012011179.822.52$280
May 201206091.612.49$149
Apr 2012340107101.652.00$34,775
Mar 20120120105.052.22$267
Feb 20120111101.102.57$285
Jan 201234319698.092.73$34,181
Dec 201117712796.873.24$17,557
Nov 2011014495.723.31$477
Oct 201133012184.983.65$28,485
Sep 2011011883.623.99$470
Aug 201109583.404.15$394
Jul 201133011794.144.52$31,595
Jun 2011012292.904.64$566
May 2011012798.134.40$559
Apr 20110125105.964.33$542
Mar 2011012196.364.06$491
Feb 201136211085.644.18$31,461
Jan 2011011586.504.59$528
Dec 2010010785.734.35$465
Nov 2010011480.843.80$433
Oct 201035112878.103.51$27,862
Sep 2010012372.633.98$489
Aug 201017513273.684.42$13,477
Jul 2010014172.554.74$668
Jun 20103418970.364.91$24,430
May 201020011071.124.24$14,690

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.

Nov 2023 — as filed, then multipliedworked
Oil                  173 bbl  × $ 77.89 =    $13,475
Casinghead gas         0 Mcf  × $  2.81 =         $0

────────────────────────────────────────────────────
Month total                                  $13,475

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/17164 is the state's own key, not one this site invented.