POWELL, VIRGIL J., TR. -B-

Operated by PETX OPERATING LLC (P-5 102221) 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 2395District 7CField 90007498NGPA filingOilCasinghead gasSaveExport
Value, all time
$1.1 M
Jan 1993 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
401
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.

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA2none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
OilDisposition37,428 bbl$1,085,559
Casinghead gasProduction10,598 Mcf$17,567
Total$1,103,126

5,048 Mcf of this lease's gas, across 47 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 (6)

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 30.8564, -100.1700. A lease has no coordinate of its own — that point is the mean of its wells, and they span 1.5 miles.

30.85068, -100.16959 · 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
83.3%
5 of 6 wells
With a plug date
83.3%
5 of 6 wells
Median depth
3,670 ft
6 wells filed one
Completion to plug
31.8 years
median over 4 wells

What the state filed about each well

On the RRC proration schedule
583.3%
A plug date is filed
583.3%
BothOn the schedule and plugged. Neither fact cancels the other.
583.3%
NeitherNo plug date, and not on the schedule.
116.7%

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 3,610 and 3,763 ft, median 3,670 ft, over the 6 wells that filed a depth.

Completions filed
Jul 1956 – Mar 1974
5 of 6 wells; 1 filed none
Plug dates filed
Jun 1987 – Apr 2010
5 of 6 wells; 1 filed none

Last completion to plug: a median of 31.8 years across the 4 wells that filed both dates, with the middle half between 27.3 years and 34.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

6 wells

42-413006236W3,625 ftJun 1990Yes
42-4130062033,680 ftMar 1974May 1994Yes
42-4130062573,610 ftMar 1974Apr 2010Yes
42-4130062463,660 ftSep 1957Jun 1987Yes
42-4130062143,750 ftJan 1957
42-4130061823,763 ftJul 1956Jun 1990Yes

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 (401)

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

401 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
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 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
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 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
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 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 2018611860.183.08$3,726
May 201894965.382.90$731
Apr 201804763.842.90$136
Mar 201802961.222.79$81
Feb 2018552461.782.77$3,464
Jan 201862862.874.01$489
Dec 201762857.272.92$425
Nov 2017172855.423.12$1,029
Oct 2017572949.292.98$2,896
Sep 201747447.523.09$419
Aug 2017107445.373.00$676
Jul 2017143043.873.09$707
Jun 2017652942.493.09$2,851
May 2017153045.373.26$778
Apr 2017193047.933.21$1,007
Mar 2017653146.772.98$3,133
Feb 2017172850.452.95$940
Jan 2017133149.413.42$748
Dec 2016713048.763.72$3,574
Nov 2016383042.492.64$1,694
Oct 2016702946.193.09$3,323
Sep 201603141.553.10$96
Aug 201603341.442.92$97
Jul 201606541.622.92$190
Jun 201604845.352.69$129
May 201606242.521.99$123
Apr 201605836.561.99$115
Mar 201605033.011.79$90
Feb 201603426.472.06$70
Jan 20160827.352.36$19
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 201527043.552.43$1,176
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 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20144711690.404.86$4,813
Dec 20132411791.824.35$2,713
Nov 20136711588.853.74$6,383
Oct 20132412397.423.78$2,803
Sep 201346124104.113.72$5,250
Aug 201377133104.253.52$8,496
Jul 201343136102.523.72$4,914
Jun 20136513794.403.93$6,675
May 2013459494.834.15$4,657
Apr 20132312893.964.28$2,709
Mar 2013688193.623.91$6,683
Feb 20136910191.233.42$6,640
Jan 2013263591.603.42$2,501
Dec 20127712486.773.42$7,105
Nov 20127213586.953.62$6,750
Oct 20124814289.383.40$4,773
Sep 20129614594.672.92$9,511
Aug 20125016092.662.91$5,098
Jul 201212516985.133.02$11,152
Jun 20124812179.822.52$4,136
May 20129215591.612.49$8,814
Apr 201211583101.652.00$11,855
Mar 20127085105.052.22$7,542
Feb 201295158101.102.57$10,011
Jan 20129717098.092.73$9,980
Dec 20119617196.873.24$9,854
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 201045081.694.12$3,676
Mar 201025078.394.39$1,960
Feb 201041073.585.44$3,017
Jan 2010171074.365.96$12,716
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 2009178072.544.11$12,912
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 2009176061.133.46$10,759
Jun 20090066.163.90$0
May 2009166054.743.93$9,087
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 2008183075.246.92$13,769
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 20081770131.0811.39$23,201
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 20081690110.3110.45$18,642
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 2008174090.388.21$15,726
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 2007167082.856.92$13,836
Sep 20070075.846.24$0
Aug 20071069.066.39$69
Jul 2007161070.906.39$11,415
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 2007173059.617.81$10,313
Mar 20070056.927.30$0
Feb 2007160055.108.22$8,816
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 2006164054.207.62$8,889
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 2006164068.717.34$11,268
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 2006147066.016.42$9,703
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 2005164054.6910.59$8,969
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 2005150061.519.80$9,227
Jul 20050055.697.84$0
Jun 2005165052.337.38$8,634
May 20050045.226.65$0
Apr 2005181049.207.36$8,905
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 2005180043.166.32$7,769
Dec 2004183039.866.75$7,294
Nov 20040045.286.33$0
Oct 2004177049.706.52$8,797
Sep 20040043.245.28$0
Aug 2004180042.375.55$7,627
Jul 2004188038.286.08$7,197
Jun 2004170036.106.43$6,137
May 2004176037.486.49$6,596
Apr 20040034.475.86$0
Mar 2004367034.365.53$12,610
Feb 20040032.455.51$0
Jan 2004179032.036.30$5,733
Dec 2003177030.266.30$5,356
Nov 2003302028.804.60$8,698
Oct 20030028.174.76$0
Sep 2003183026.314.75$4,815
Aug 2003175029.765.13$5,208
Jul 2003167029.415.17$4,911
Jun 2003163028.565.98$4,655
May 2003123026.595.97$3,271
Apr 2003173026.675.41$4,614
Mar 2003150031.146.10$4,671
Feb 2003181033.487.93$6,060
Jan 2003166030.315.58$5,031
Dec 2002182026.914.85$4,898
Nov 2002166024.664.14$4,094
Oct 2002156026.464.23$4,128
Sep 2002167027.443.64$4,582
Aug 2002164025.963.16$4,257
Jul 2002342024.583.06$8,406
Jun 2002170023.733.34$4,034
May 2002161024.663.58$3,970
Apr 2002166023.653.51$3,926
Mar 2002162022.003.10$3,564
Feb 2002335018.222.38$6,104
Jan 20020017.172.38$0
Dec 2001166016.932.36$2,810
Nov 2001171018.072.41$3,090
Oct 2001333019.782.53$6,587
Sep 2001165024.262.25$4,003
Aug 2001173024.873.05$4,303
Jul 2001331023.933.20$7,921
Jun 2001171024.563.82$4,200
May 2001170025.524.31$4,338
Apr 2001325024.685.34$8,021
Mar 2001178024.545.38$4,368
Feb 2001167027.755.77$4,634
Jan 2001338027.478.40$9,285
Dec 2000168026.889.12$4,516
Nov 2000169432.215.66$5,466
Oct 20001725131.235.15$5,634
Sep 20003525431.875.19$11,498
Aug 20001713929.644.54$5,246
Jul 20001718228.534.09$5,214
Jun 20003385229.304.40$10,132
May 20001643027.263.68$4,581
Apr 2000317424.513.12$7,782
Mar 2000158528.422.86$4,505
Feb 2000149827.622.73$4,137
Jan 20003241025.272.48$8,212
Dec 1999334024.282.42$8,110
Nov 19991441023.192.43$3,364
Oct 1999272020.982.80$5,707
Sep 19993262021.752.62$7,143
Aug 19993191719.262.88$6,193
Jul 19991431817.892.37$2,601
Jun 19993121015.942.36$4,997
May 1999289715.792.32$4,580
Apr 19993172015.102.21$4,831
Mar 19991412012.471.84$1,795
Feb 1999338119.981.82$3,393
Jan 1999310710.381.90$3,231
Dec 1998311239.201.77$2,902
Nov 199829211010.892.19$3,420
Oct 1998106512.421.97$1,326
Sep 1998282012.592.08$3,550
Aug 1998170511.301.91$1,931
Jul 1998297611.742.24$3,500
Jun 1998143911.242.24$1,627
May 19982911812.622.21$3,712
Apr 1998288913.042.51$3,778
Mar 19984343012.802.31$5,624
Feb 1998933713.952.30$1,382
Jan 19982454914.702.15$3,707
Dec 19972932316.322.41$4,837
Nov 19971302718.193.09$2,448
Oct 19972973019.253.15$5,812
Sep 19972713217.742.95$4,902
Aug 19972584017.862.55$4,710
Jul 19973474017.582.25$6,190
Jun 19971445917.242.26$2,616
May 19972765518.972.31$5,363
Apr 1997943517.882.08$1,754
Mar 19973612018.951.94$6,880
Feb 19973271220.492.21$6,727
Jan 19971472423.483.54$3,537
Dec 19963272123.32$7,626
Nov 1996299721.97$6,569
Oct 19962802923.31$6,527
Sep 19962813722.22$6,244
Aug 19961333020.26$2,695
Jul 19962714019.55$5,298
Jun 19962774218.73$5,188
May 1996906019.43$1,749
Apr 1996983621.51$2,108
Mar 19963869119.38$7,481
Feb 199622611116.98$3,837
Jan 19961352017.07$2,304
Dec 19953403017.19$5,845
Nov 19953294216.00$5,264
Oct 19953345915.43$5,154
Sep 19952839016.18$4,579
Aug 19952421615.92$3,853
Jul 19951761815.24$2,682
Jun 199523218016.41$3,807
May 199534510717.56$6,058
Apr 19952425317.73$4,291
Mar 199534112416.44$5,606
Feb 1995187016.58$3,100
Jan 199536012815.92$5,731
Dec 199420711315.03$3,111
Nov 199425011015.90$3,975
Oct 199418011315.58$2,804
Sep 199434313315.29$5,244
Aug 199420912316.13$3,371
Jul 199413011817.56$2,283
Jun 199417211617.09$2,939
May 199433811715.88$5,367
Apr 19941657514.14$2,333
Mar 19942406612.46$2,990
Feb 199424824012.50$3,100
Jan 199423222012.66$2,937
Dec 199325629812.33$3,156
Nov 199340118314.49$5,810
Oct 199325629115.85$4,058
Sep 199311925215.03$1,789
Aug 19935727015.66$893
Jul 199314024615.46$2,164
Jun 199313521316.79$2,267
May 1993839317.68$1,467
Apr 19931504418.05$2,708
Mar 19932679018.14$4,843
Feb 19932387217.90$4,260
Jan 19933388116.93$5,722

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.

Jun 2018 — as filed, then multipliedworked
Oil                   61 bbl  × $ 60.18 =     $3,671
Casinghead gas        18 Mcf  × $  3.08 =        $55

────────────────────────────────────────────────────
Month total                                   $3,726

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/2395 is the state's own key, not one this site invented.