PORTLAND UNIT -F-

Operated by BASS ENTERPRISES PRODUCTION CO. (P-5 54700) in the PORTLAND, W. (F-9) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 57455District 04Field 72504272CondensateGasSaveExport
Value, all time
$875 k
Jan 1993 – Aug 2002
Value, last 12 filed months
$0
at the published price for each month
Months reported
116
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 7 leases and 7 wells, and the rule below applies to all of them.

Discovered
1972-09-11
as the register files it
Field class
Oil and gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: ALLOC. FORMU. SUSP. ADMIN. EFF 4-1-95.

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
CondensateDisposition14,791 bbl$250,577
GasProduction847,067 Mcf$624,672
Total$875,250

586,324 Mcf of this lease's gas, across 46 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 27.8737, -97.3318. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.87368, -97.33177 · 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
9,907 ft
1 wells filed one
Completion to plug
28.8 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 9,907 ft.

Completions filed
Nov 1973
1 of 1 wells
Plug dates filed
Aug 2002
1 of 1 wells

Last completion to plug: a median of 28.8 years across the 1 well that filed both dates, with the middle half between 28.8 years and 28.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-3550659319,907 ftNov 1973Aug 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 (116)

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

116 months

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 2000017031.875.19$882
Aug 200003429.644.54$154
Jul 200003928.534.09$160
Jun 2000931429.304.40$1,644
May 200041,09727.263.68$4,146
Apr 20005284024.513.12$3,892
Mar 2000957,12328.422.86$23,070
Feb 20001176,27927.622.73$20,351
Jan 200007,50825.272.48$18,624
Dec 19991677,53724.282.42$22,322
Nov 199907,30023.192.43$17,768
Oct 19993387,76720.982.80$28,868
Sep 199907,68821.752.62$20,134
Aug 199906,55119.262.88$18,838
Jul 19991537,27617.892.37$19,999
Jun 19991456,28215.942.36$17,150
May 1999267,21715.792.32$17,161
Apr 1999465,82215.102.21$13,550
Mar 1999396,38112.471.84$12,217
Feb 1999595,8699.981.82$11,257
Jan 1999707,87110.381.90$15,681
Dec 199806,5849.201.77$11,676
Nov 1998936,50710.892.19$15,235
Oct 1998257,39212.421.97$14,867
Sep 1998746,31412.592.08$14,081
Aug 1998757,01211.301.91$14,222
Jul 1998564,98011.742.24$11,799
Jun 1998322,84511.242.24$6,725
May 19981322,46312.622.21$7,100
Apr 199802,68913.042.51$6,737
Mar 1998904,77312.802.31$12,175
Feb 1998775,35213.952.30$13,379
Jan 1998946,11614.702.15$14,561
Dec 1997927,24516.322.41$18,970
Nov 19971977,34618.193.09$26,270
Oct 1997915,86319.253.15$20,219
Sep 1997945,62717.742.95$18,295
Aug 19971917,10317.862.55$21,558
Jul 1997977,22317.582.25$17,935
Jun 1997956,93617.242.26$17,294
May 19972117,29618.972.31$20,845
Apr 1997578,82217.882.08$19,393
Mar 19971409,41918.951.94$20,918
Feb 1997928,77120.492.21$21,233
Jan 199709,10023.483.54$32,211
Dec 1996603,25023.32$1,399
Nov 1996464,59121.97$1,011
Oct 19961354,68423.31$3,147
Sep 199613411,39822.22$2,977
Aug 199613511,69020.26$2,735
Jul 199613311,36619.55$2,600
Jun 199620312,92518.73$3,802
May 199621913,61619.43$4,255
Apr 199625714,27021.51$5,528
Mar 199631915,20719.38$6,182
Feb 199641315,44816.98$7,013
Jan 199633414,99217.07$5,701
Dec 199524215,56617.19$4,160
Nov 199520114,70816.00$3,216
Oct 199519615,79415.43$3,024
Sep 199527916,23116.18$4,514
Aug 199531217,29615.92$4,967
Jul 199532017,80215.24$4,877
Jun 199546918,25516.41$7,696
May 199521519,50417.56$3,775
Apr 199547019,98617.73$8,333
Mar 199545320,14416.44$7,447
Feb 199518619,01416.58$3,084
Jan 199556720,96615.92$9,027
Dec 199448220,77115.03$7,244
Nov 199437921,39915.90$6,026
Oct 199443621,70715.58$6,793
Sep 199432523,06215.29$4,969
Aug 199447823,62716.13$7,710
Jul 199461224,43217.56$10,747
Jun 19949422,27617.09$1,606
May 19940015.88$0
Apr 19940014.14$0
Mar 19946426612.46$797
Feb 19943984,80612.50$4,975
Jan 19943545,22612.66$4,482
Dec 1993926,11312.33$1,134
Nov 199303,72714.49$0
Oct 199305,80315.85$0
Sep 19932155,63615.03$3,231
Aug 199305,91215.66$0
Jul 19932796,21615.46$4,313
Jun 199305,75816.79$0
May 199305,69217.68$0
Apr 19933996,12918.05$7,202
Mar 199306,34618.14$0
Feb 19931836,35617.90$3,276
Jan 19932786,36116.93$4,707

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.

Sep 2000 — as filed, then multipliedworked
Condensate             0 bbl  × $ 31.87 =         $0
Gas                  170 Mcf  × $  5.19 =       $882

────────────────────────────────────────────────────
Month total                                     $882

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. 04/G/57455 is the state's own key, not one this site invented.