PORTER-PORTER "A" UNIT

Operated by RME PETROLEUM COMPANY (P-5 714229) in the GIDDINGS (AUSTIN CHALK-3) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 20981District 03Field 34733500OilCasinghead gasSaveExport
Value, all time
$698 k
Jan 1993 – Jul 2001
Value, last 12 filed months
$29 k
at the published price for each month
Months reported
103
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 5,900 leases and 6,985 wells, and the rule below applies to all of them.

Discovered
1960-10-29
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 80 acres. The field rule took effect on 2025-09-30.

The Commission's schedule remark for this field reads: DKT OG-25-00028011: UFT FIELD, ALLOCATION FORMULA SUSPENDED

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
OilDisposition27,625 bbl$473,043
Casinghead gasProduction328,986 Mcf$225,092
Total$698,135

241,848 Mcf of this lease's gas, across 48 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 30.5514, -96.4652. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.55142, -96.46519 · 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
11,680 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 11,680 ft.

Completions filed
Dec 2000
1 of 1 wells

1 well

42-05133133111,680 ftDec 2000Yes

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 (103)

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

103 months

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 200019093331.235.15$10,734
Sep 20001821,16331.875.19$11,832
Aug 200001,44229.644.54$6,548
Jul 20001731,64428.534.09$11,659
Jun 20003431,54129.304.40$16,826
May 200001,18927.263.68$4,375
Apr 200001,53324.513.12$4,777
Mar 20001871,55328.422.86$9,756
Feb 20001851,45427.622.73$9,074
Jan 20001881,57125.272.48$8,648
Dec 199901,58524.282.42$3,842
Nov 19991831,66423.192.43$8,294
Oct 19991871,73620.982.80$8,791
Sep 19991871,86021.752.62$8,938
Aug 19991901,85719.262.88$8,999
Jul 199901,90117.892.37$4,510
Jun 19991841,85415.942.36$7,312
May 19991822,01515.792.32$7,551
Apr 19991781,69515.102.21$6,430
Mar 19991711,78712.471.84$5,417
Feb 19991821,6589.981.82$4,830
Jan 19991801,86610.381.90$5,414
Dec 19981841,7409.201.77$4,778
Nov 19981831,73510.892.19$5,785
Oct 19981701,80512.421.97$5,666
Sep 199801,87012.592.08$3,895
Aug 19981811,57911.301.91$5,057
Jul 19981701,97711.742.24$6,419
Jun 19981811,89711.242.24$6,279
May 19981682,09312.622.21$6,738
Apr 19981751,98313.042.51$7,250
Mar 19981712,08812.802.31$7,011
Feb 19981821,93813.952.30$6,995
Jan 19981672,21114.702.15$7,219
Dec 19971862,21916.322.41$8,386
Nov 19971822,13818.193.09$9,913
Oct 19971642,26619.253.15$10,294
Sep 19971712,28417.742.95$9,782
Aug 19971632,43517.862.55$9,132
Jul 19973382,57517.582.25$11,728
Jun 19971742,48817.242.26$8,616
May 19971862,64318.972.31$9,630
Apr 19971702,48517.882.08$8,215
Mar 19971722,62218.951.94$8,344
Feb 19971892,23820.492.21$8,809
Jan 19973512,32823.483.54$16,482
Dec 19961712,24223.32$3,988
Nov 19963742,29721.97$8,217
Oct 19961782,40123.31$4,149
Sep 19963471,95322.22$7,710
Aug 19963411,73920.26$6,909
Jul 19961803,05019.55$3,519
Jun 19963363,24618.73$6,293
May 19961783,40719.43$3,459
Apr 19963263,08521.51$7,012
Mar 19963473,18019.38$6,725
Feb 19963622,99116.98$6,147
Jan 19963363,37017.07$5,736
Dec 19953493,41317.19$5,999
Nov 19953463,32116.00$5,536
Oct 19953533,54515.43$5,447
Sep 19953413,45116.18$5,517
Aug 19951783,75915.92$2,834
Jul 19953403,56515.24$5,182
Jun 19953692,99816.41$6,055
May 19953334,06717.56$5,847
Apr 19955284,09517.73$9,361
Mar 19953544,45016.44$5,820
Feb 19953394,04016.58$5,621
Jan 19955554,88915.92$8,836
Dec 19943484,83215.03$5,230
Nov 19943524,88315.90$5,597
Oct 19943525,25215.58$5,484
Sep 19943485,09415.29$5,321
Aug 19943365,34316.13$5,420
Jul 19946805,62017.56$11,941
Jun 19941786,06817.09$3,042
May 19943465,88515.88$5,494
Apr 19947185,80414.14$10,153
Mar 19941776,42112.46$2,205
Feb 19945356,09112.50$6,688
Jan 19945486,83612.66$6,938
Dec 19933587,27312.33$4,414
Nov 19937107,29314.49$10,288
Oct 19935018,41615.85$7,941
Sep 19937208,30515.03$10,822
Aug 19931,6427,91315.66$25,714
Jul 19931853,52315.46$2,860
Jun 19935397,15416.79$9,050
May 19935567,86617.68$9,830
Apr 19933469,43618.05$6,245
Mar 19933718,61318.14$6,730
Feb 19933757,86517.90$6,713
Jan 199389311,50816.93$15,118

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.

Oct 2000 — as filed, then multipliedworked
Oil                  190 bbl  × $ 31.23 =     $5,934
Casinghead gas       933 Mcf  × $  5.15 =     $4,801

────────────────────────────────────────────────────
Month total                                  $10,734

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/O/20981 is the state's own key, not one this site invented.