PILGREEN

Operated by WESTPORT OIL AND GAS COMPANY, LP (P-5 912927) in the SPEAKS, SW. (RAINBOW) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 177246District 02Field 849843702 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.2 M
Mar 2000 – Nov 2004
Value, last 12 filed months
$0
at the published price for each month
Months reported
57
no gaps in the span
Streams
2
condensate, 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 28 leases and 28 wells, and the rule below applies to all of them.

Discovered
1998-03-01
as the register files it
Field class
Gas
the register's own label
Between wells
1,320 ft
minimum
From a lease line
660 ft
minimum

A drilling unit in this field needs at least 160 acres. The field rule took effect on 2000-01-11.

The Commission's schedule remark for this field reads: OPTIONAL 160 AC UNITS CORRECTED TO 4500 FT.

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
High Cost Gas112001-10-11145075
NGPA1none

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
CondensateDisposition4,942 bbl$115,027
GasProduction868,157 Mcf$4,056,683
Total$4,171,710

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 29.2581, -96.7706. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.25813, -96.77064 · 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
0.0%
0 of 1 wells
Median depth
14,000 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
1100.0%
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.
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 14,000 ft.

Completions filed
Dec 2001
1 of 1 wells

1 well

42-28532751814,000 ftDec 2001Yes

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 (57)

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

57 months

Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 2003104026.675.41$2,774
Mar 2003186031.146.10$5,792
Feb 20031852,95033.487.93$29,575
Jan 200302,31430.315.58$12,917
Dec 20023713,50626.914.85$27,001
Nov 20021863,88024.664.14$20,638
Oct 20021883,76526.464.23$20,897
Sep 20023744,21727.443.64$25,592
Aug 20023734,48325.963.16$23,868
Jul 20021865,41924.583.06$21,164
Jun 20023785,48523.733.34$27,280
May 20021865,70424.663.58$25,030
Apr 20022087,01423.653.51$29,555
Mar 20025658,94522.003.10$40,184
Feb 20023837,29618.222.38$24,311
Jan 200272213,27417.172.38$43,932
Dec 200134311,99916.932.36$34,177
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 200109,60924.563.82$36,746
May 2001035,07125.524.31$151,062
Apr 2001039,13624.685.34$208,803
Mar 2001031,90224.545.38$171,519
Feb 2001030,83427.755.77$177,822
Jan 2001038,75027.478.40$325,452
Dec 2000043,70226.889.12$398,672
Nov 2000040,44332.215.66$228,826
Oct 2000049,08031.235.15$252,541
Sep 2000053,70831.875.19$278,557
Aug 2000056,41329.644.54$256,157
Jul 2000063,61828.534.09$260,182
Jun 2000469,75829.304.40$306,861
May 2000085,18527.263.68$313,460
Apr 2000064,79224.513.12$201,892
Mar 2000065,90528.422.86$188,472

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 2003 — as filed, then multipliedworked
Condensate           104 bbl  × $ 26.67 =     $2,774
Gas                    0 Mcf  × $  5.41 =         $0

────────────────────────────────────────────────────
Month total                                   $2,774

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. 02/G/177246 is the state's own key, not one this site invented.