BUCHANAN-WHEELER

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

Gas lease lease 154467District 03Field 65799850CondensateGasSaveExport
Value, all time
$266 k
Mar 1995 – Sep 2005
Value, last 12 filed months
$0
at the published price for each month
Months reported
127
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 1 leases and 1 wells, and the rule below applies to all of them.

Discovered
1995-03-22
as the register files it
Field class
Gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

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
CondensateDisposition3,170 bbl$53,933
GasProduction191,795 Mcf$212,478
Total$266,412

105,123 Mcf of this lease's gas, across 21 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 30.3584, -94.3422. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.35843, -94.34218 · 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
8,605 ft
1 wells filed one
Completion to plug
7.3 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 8,605 ft.

Completions filed
Jun 1998
1 of 1 wells
Plug dates filed
Sep 2005
1 of 1 wells

Last completion to plug: a median of 7.3 years across the 1 well that filed both dates, with the middle half between 7.3 years and 7.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-1990050718,605 ftJun 1998Sep 2005Yes

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 (127)

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

127 months

Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
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 20041034.365.53$34
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 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20022024.664.14$49
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20023025.963.16$78
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20028023.653.51$189
Mar 20020022.003.10$0
Feb 20021913518.222.38$667
Jan 20022018817.172.38$790
Dec 2001018216.932.36$430
Nov 20012017618.072.41$785
Oct 20012135219.782.53$1,306
Sep 2001081724.262.25$1,839
Aug 20019024.873.05$224
Jul 20010023.933.20$0
Jun 20015024.563.82$123
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 200142627.755.77$261
Jan 200101,39627.478.40$11,725
Dec 20000826.889.12$73
Nov 2000109432.215.66$854
Oct 20000031.235.15$0
Sep 20006031.875.19$191
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 2000422125.272.48$1,113
Dec 19990024.282.42$0
Nov 19992720323.192.43$1,120
Oct 19993847620.982.80$2,132
Sep 19992345921.752.62$1,702
Aug 19992658519.262.88$2,183
Jul 19994078217.892.37$2,571
Jun 1999342,06815.942.36$5,427
May 19992970715.792.32$2,099
Apr 19993768615.102.21$2,073
Mar 19994454012.471.84$1,541
Feb 1999305609.981.82$1,317
Jan 19992970610.381.90$1,642
Dec 1998396469.201.77$1,504
Nov 1998301,16810.892.19$2,880
Oct 19983963712.421.97$1,739
Sep 199813852712.592.08$2,835
Aug 19987945111.301.91$1,753
Jul 1998883,41211.742.24$8,667
Jun 1998434,89311.242.24$11,430
May 1998116,73212.622.21$14,992
Apr 1998118,45513.042.51$21,326
Mar 1998255,72012.802.31$13,530
Feb 1998532,98013.952.30$7,591
Jan 1998597,07714.702.15$16,117
Dec 19978510,77016.322.41$27,355
Nov 1997641,33418.193.09$5,284
Oct 19976715919.253.15$1,791
Sep 1997624317.742.95$1,227
Aug 199786,32917.862.55$16,312
Jul 19978363117.582.25$2,877
Jun 1997952,12617.242.26$6,437
May 1997532,21318.972.31$6,114
Apr 1997462,26517.882.08$5,540
Mar 1997482,36618.951.94$5,498
Feb 1997522,17220.492.21$5,857
Jan 1997552,39923.483.54$9,783
Dec 1996462,63923.32$1,073
Nov 1996122,70321.97$264
Oct 1996143,47123.31$326
Sep 1996183,47522.22$400
Aug 1996243,86720.26$486
Jul 1996334,05019.55$645
Jun 1996314,09318.73$581
May 1996424,21219.43$816
Apr 1996664,67121.51$1,420
Mar 19961195,04819.38$2,306
Feb 19961134,39216.98$1,919
Jan 19961255,50917.07$2,134
Dec 1995805,83417.19$1,375
Nov 1995655,40716.00$1,040
Oct 1995575,78915.43$880
Sep 1995665,58816.18$1,068
Aug 1995823,87915.92$1,305
Jul 1995432,77915.24$655
Jun 1995768,39816.41$1,247
May 1995849,30117.56$1,475
Apr 199511410,01817.73$2,021
Mar 19950016.44$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.

Mar 2004 — as filed, then multipliedworked
Condensate             1 bbl  × $ 34.36 =        $34
Gas                    0 Mcf  × $  5.53 =         $0

────────────────────────────────────────────────────
Month total                                      $34

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. 03/G/154467 is the state's own key, not one this site invented.