POWELL, VIRGIL J. TRACT -A-

Operated by BOYD & MCWILLIAMS ENERGY GROUP (P-5 84545) in the TILLERY (PENN.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 1994District 7CField 90007498OilCasinghead gasSaveExport
Value, all time
$18 k
Jan 1993 – Sep 2002
Value, last 12 filed months
$0
at the published price for each month
Months reported
117
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 12 leases and 31 wells, and the rule below applies to all of them.

Discovered
1953-06-02
as the register files it
Field class
Oil and gas
the register's own label
Between wells
933 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres.

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
OilDisposition1,064 bbl$17,778
Casinghead gasProduction7,236 Mcf$255
Total$18,033

7,126 Mcf of this lease's gas, across 41 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

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 30.8465, -100.1735. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.84648, -100.17346 · 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
3,624 ft
1 wells filed one
Completion to plug
48.4 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 3,624 ft.

Completions filed
Mar 1954
1 of 1 wells
Plug dates filed
Aug 2002
1 of 1 wells

Last completion to plug: a median of 48.4 years across the 1 well that filed both dates, with the middle half between 48.4 years and 48.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4130061613,624 ftMar 1954Aug 2002Yes

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 (117)

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

117 months

Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 20000029.304.40$0
May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 20000028.422.86$0
Feb 20000027.622.73$0
Jan 20000025.272.48$0
Dec 19990024.282.42$0
Nov 19990023.192.43$0
Oct 19990020.982.80$0
Sep 19990021.752.62$0
Aug 19990019.262.88$0
Jul 19990017.892.37$0
Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 19990012.471.84$0
Feb 1999009.981.82$0
Jan 19990010.381.90$0
Dec 1998009.201.77$0
Nov 19980010.892.19$0
Oct 19980012.421.97$0
Sep 19980012.592.08$0
Aug 19980011.301.91$0
Jul 19980011.742.24$0
Jun 19980011.242.24$0
May 19980012.622.21$0
Apr 19980013.042.51$0
Mar 19980012.802.31$0
Feb 19980013.952.30$0
Jan 19980014.702.15$0
Dec 19970016.322.41$0
Nov 19970018.193.09$0
Oct 19970019.253.15$0
Sep 19970017.742.95$0
Aug 19970017.862.55$0
Jul 19970017.582.25$0
Jun 19970017.242.26$0
May 19970018.972.31$0
Apr 1997101017.882.08$200
Mar 19970018.951.94$0
Feb 1997129020.492.21$444
Jan 1997101023.483.54$270
Dec 19960023.32$0
Nov 1996309021.97$659
Oct 1996361323.31$839
Sep 199614022.22$311
Aug 1996156020.26$304
Jul 1996169019.55$313
Jun 1996156018.73$281
May 1996219019.43$408
Apr 19961312021.51$280
Mar 19961421019.38$271
Feb 19961515016.98$255
Jan 1996169017.07$273
Dec 1995193017.19$327
Nov 1995307016.00$480
Oct 1995159015.43$231
Sep 1995243016.18$388
Aug 1995272015.92$430
Jul 1995263015.24$396
Jun 19952224016.41$361
May 19953418017.56$597
Apr 1995249017.73$426
Mar 19952624016.44$427
Feb 19952030016.58$332
Jan 199509015.92$0
Dec 19941520915.03$225
Nov 19941727015.90$270
Oct 19942720915.58$421
Sep 19942221015.29$336
Aug 19942730016.13$436
Jul 19945533017.56$966
Jun 19948731517.09$1,487
May 1994054015.88$0
Apr 19940114.14$0
Mar 19940012.46$0
Feb 19946619012.50$825
Jan 1994022012.66$0
Dec 19935927012.33$727
Nov 19933839014.49$551
Oct 19931036015.85$159
Sep 19932927015.03$436
Aug 199310836015.66$1,691
Jul 1993024015.46$0
Jun 199305816.79$0
May 19930117.68$0
Apr 19930018.05$0
Mar 19930018.14$0
Feb 19930017.90$0
Jan 19930016.93$0

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 1997 — as filed, then multipliedworked
Oil                   10 bbl  × $ 17.88 =       $179
Casinghead gas        10 Mcf  × $  2.08 =        $21

────────────────────────────────────────────────────
Month total                                     $200

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/1994 is the state's own key, not one this site invented.