PURE WALTON

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

Gas lease lease 153454District 08Field 49129330Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$596 k
Feb 1995 – Jun 1999
Value, last 12 filed months
$99 k
at the published price for each month
Months reported
53
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 94 leases and 250 wells, and the rule below applies to all of them.

Discovered
1943-06-06
as the register files it
Field class
Oil and 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 40 acres. The field rule took effect on 2005-03-08.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: EACH OPERATOR HAS PRODUCED ITS FULL ALLOCATED SHARE.

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
CondensateDisposition13,458 bbl$241,040
GasProduction235,975 Mcf$355,139
Total$596,180

81,986 Mcf of this lease's gas, across 23 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 31.9465, -103.0364. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.94648, -103.03637 · 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
10,000 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 10,000 ft.

Completions filed
Feb 1995
1 of 1 wells

1 well

42-4950045513E10,000 ftFeb 1995Yes

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 (53)

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

53 months

Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 19990012.471.84$0
Feb 1999855,3529.981.82$10,577
Jan 19993057,18110.381.90$16,809
Dec 19981315,3399.201.77$10,673
Nov 1998775,64710.892.19$13,181
Oct 19981545,43612.421.97$12,617
Sep 19981014,17512.592.08$9,967
Aug 1998736,00811.301.91$12,284
Jul 1998515,52511.742.24$12,960
Jun 1998654,70711.242.24$11,261
May 1998626,22812.622.21$14,524
Apr 19981365,26113.042.51$14,954
Mar 19982784,71812.802.31$14,454
Feb 19982924,16013.952.30$13,638
Jan 19983744,82414.702.15$15,893
Dec 19974845,17416.322.41$20,374
Nov 19974775,18418.193.09$24,686
Oct 19974816,01119.253.15$28,193
Sep 19973796,48117.742.95$25,874
Aug 19975696,83517.862.55$27,624
Jul 19971896,51917.582.25$17,970
Jun 19974756,58617.242.26$23,055
May 19973746,77318.972.31$22,730
Apr 199757915,70917.882.08$43,071
Mar 19973825,73618.951.94$18,362
Feb 19975733,29620.492.21$19,011
Jan 19972935,12423.483.54$25,017
Dec 19964815,03423.32$11,217
Nov 19963834,24021.97$8,415
Oct 19964774,78823.31$11,119
Sep 19963865,12822.22$8,577
Aug 19963825,91520.26$7,739
Jul 19963776,45919.55$7,370
Jun 19964666,37918.73$8,728
May 19963803,05719.43$7,383
Apr 19962821,48421.51$6,066
Mar 19961891,26919.38$3,663
Feb 19961881,56016.98$3,192
Jan 19962002,83117.07$3,414
Dec 1995993,16717.19$1,702
Nov 19952943,19216.00$4,704
Oct 19952944,83215.43$4,536
Sep 19952844,54616.18$4,595
Aug 19951944,80615.92$3,088
Jul 19951923,42315.24$2,926
Jun 19951932,31116.41$3,167
May 199503,40217.56$0
Apr 19951812,39117.73$3,209
Mar 199501,67216.44$0
Feb 19959710016.58$1,608

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.

Feb 1999 — as filed, then multipliedworked
Condensate            85 bbl  × $  9.98 =       $848
Gas                5,352 Mcf  × $  1.82 =     $9,729

────────────────────────────────────────────────────
Month total                                  $10,577

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. 08/G/153454 is the state's own key, not one this site invented.