VIRGIL J. POWELL

Operated by PETX OPERATING LLC (P-5 102221) in the FORT MCKAVITT (LIME 4150) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 19134District 7CField 32078398OilCasinghead gasSaveExport
Value, all time
$1.5 M
Apr 2015 – May 2026
Value, last 12 filed months
$97 k
at the published price for each month
Months reported
134
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 44 leases and 146 wells, and the rule below applies to all of them.

Discovered
1974-05-03
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 2015-03-10.

The Commission's schedule remark for this field reads: AOF-1 AND AOF-2 EFFECTIVE 03/01/2007.

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
OilDisposition15,235 bbl$891,460
Casinghead gasProduction175,319 Mcf$564,315
Total$1,455,775

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 30.8504, -100.1507. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.85042, -100.15071 · 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
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
4,480 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
00.0%
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.
1100.0%

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 4,480 ft.

Completions filed
Aug 2009
1 of 1 wells

1 well

42-413325951054,480 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 (134)

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

134 months

May 202600106.413.05$0
Apr 202617552598.932.87$18,819
Mar 202601,74789.753.15$5,502
Feb 2026212063.503.75$13,462
Jan 202610799259.138.00$14,261
Dec 2025098756.664.41$4,356
Nov 2025098758.593.93$3,875
Oct 20251031,06859.383.30$9,646
Sep 202518187262.743.08$14,039
Aug 202501,04863.933.01$3,159
Jul 202510580066.743.32$9,660
Jun 20250066.483.13$0
May 202518929260.553.23$12,388
Apr 202510067962.363.54$8,642
Mar 202510176667.704.27$10,107
Feb 202510172470.884.34$10,302
Jan 202518263574.324.28$16,243
Dec 2024050468.993.12$1,573
Nov 2024193069.052.20$13,327
Oct 2024068771.372.28$1,567
Sep 202420666769.612.36$15,917
Aug 20249168775.632.06$8,300
Jul 2024050079.932.15$1,073
Jun 2024103078.082.63$8,042
May 20242061578.812.20$16,268
Apr 202434147684.451.66$29,587
Mar 2024064880.301.55$1,001
Feb 20241001,21576.091.78$9,776
Jan 2024981,25073.023.30$11,278
Dec 20231771,33371.262.61$16,093
Nov 202301,40677.892.81$3,947
Oct 202301,29285.443.09$3,989
Sep 20232051,61289.042.74$22,662
Aug 2023067580.522.67$1,804
Jul 202310369674.852.64$9,548
Jun 2023471,41968.962.26$6,446
May 2023701,33570.622.23$7,917
Apr 2023751,16678.122.24$8,468
Mar 2023781,21572.852.39$8,590
Feb 202301,01175.112.47$2,493
Jan 20232041,31476.533.39$20,064
Dec 20229389776.415.73$12,245
Nov 202201,47385.005.65$8,317
Oct 20221021,47387.185.86$17,530
Sep 2022991,34584.888.16$19,383
Aug 20221841,16194.529.13$27,988
Jul 202201,239101.587.54$9,345
Jun 2022101485115.097.98$15,493
May 2022101869109.378.43$18,375
Apr 20221011,053104.226.84$17,726
Mar 20221001,320108.885.08$17,589
Feb 202201,43291.054.86$6,958
Jan 20221971,26181.844.54$21,844
Dec 2021931,39471.323.90$12,068
Nov 20211001,40677.435.24$15,106
Oct 202101,49579.795.71$8,542
Sep 20211991,42769.865.35$21,538
Aug 20211001,10266.024.22$11,253
Jul 20211021,41370.783.98$12,846
Jun 202101,40469.493.38$4,746
May 20211001,34463.483.02$10,404
Apr 2021971,33660.362.76$9,540
Mar 20211851,21261.302.72$14,633
Feb 20219283657.805.55$9,956
Jan 202101,31950.412.81$3,707
Dec 20201851,17244.642.68$11,394
Nov 202001,14638.772.71$3,102
Oct 20209798336.972.48$6,022
Sep 2020981,38137.091.99$6,384
Aug 20202001,40739.982.39$11,352
Jul 20201011,16738.371.83$6,005
Jun 20201991,40934.901.69$9,327
May 202001,44416.921.81$2,621
Apr 2020971,38514.751.80$3,930
Mar 2020991,39830.341.86$5,599
Feb 2020981,29749.881.98$7,457
Jan 20201901,38957.252.09$13,787
Dec 2019971,35759.012.30$8,851
Nov 2019951,36655.302.75$9,011
Oct 20191011,51653.472.42$9,067
Sep 2019991,50255.052.66$9,441
Aug 20191001,53253.112.30$8,841
Jul 20192011,54856.272.46$15,118
Jun 20191011,50452.782.49$9,078
May 20191001,53158.482.74$10,043
Apr 20191011,49362.632.75$10,432
Mar 20191451,43756.803.06$12,636
Feb 2019721,31050.852.79$7,319
Jan 2019691,47846.033.23$7,947
Dec 20181501,44446.594.19$13,032
Nov 20181481,26852.934.24$13,206
Oct 201801,58261.443.40$5,376
Sep 2018881,55959.543.11$10,085
Aug 2018881,63759.403.07$10,247
Jul 20181721,66465.142.93$16,083
Jun 2018881,55960.183.08$10,093
May 2018871,61865.382.90$10,382
Apr 20181671,59063.842.90$15,274
Mar 20181641,64361.222.79$14,619
Feb 201801,51061.782.77$4,177
Jan 2018831,64962.874.01$11,830
Dec 2017871,56357.272.92$9,549
Nov 2017871,56055.423.12$9,686
Oct 20171751,65549.292.98$13,564
Sep 2017911,63047.523.09$9,357
Aug 2017883,45745.373.00$14,379
Jul 20171751,79443.873.09$13,216
Jun 2017881,36042.493.09$7,938
May 2017871,69145.373.26$9,466
Apr 20171711,68447.933.21$13,604
Mar 2017871,75646.772.98$9,308
Feb 2017861,60050.452.95$9,063
Jan 20171721,85049.413.42$14,823
Dec 20161702,02448.763.72$15,824
Nov 2016095842.492.64$2,533
Oct 20161701,81946.193.09$13,473
Sep 2016841,77841.553.10$9,003
Aug 20161691,87741.442.92$12,492
Jul 2016871,83741.622.92$8,993
Jun 2016861,81345.352.69$8,770
May 20161771,87942.521.99$11,267
Apr 20161701,82036.561.99$9,839
Mar 2016821,85433.011.79$6,033
Feb 20161711,78726.472.06$8,214
Jan 2016871,92127.352.36$6,921
Dec 20153541,96532.362.00$15,388
Nov 20151691,90938.792.17$10,693
Oct 20153542,04243.552.43$20,372
Sep 20153411,94042.992.76$20,011
Aug 20153402,22540.162.87$20,046
Jul 20151731,95048.152.95$14,073
Jun 20151741,80756.152.88$14,979
May 20153411,87355.212.96$24,362
Apr 20152631,82549.822.71$18,042

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                  175 bbl  × $ 98.93 =    $17,313
Casinghead gas       525 Mcf  × $  2.87 =     $1,507

────────────────────────────────────────────────────
Month total                                  $18,819

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/19134 is the state's own key, not one this site invented.