PORTWOOD, G.B., UNIT

Name: PORTWOOD, G.B., UNIT lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by DEVON ENERGY PRODUCTION CO, L.P. (P-5 216378) in the BOONSVILLE (BEND CONGL., GAS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 118112District 09Field 10574520NGPA filingGasSave Export

Value, all time

$269 k

Jan 1993 – Jul 2010

Value, last 12 filed months

at the published price for each month

Months reported

211

no gaps in the span

Streams

gas

The BOONSVILLE (BEND CONGL., GAS) field

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 3,438 leases and 3,443 wells, and the rule below applies to all of them.

Discovered

1945-05-01

as the register files it

Field class

Oil and gas

the register's own label

Between wells

1,200 ft

minimum

From a lease line

467 ft

minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 1991-06-10.

The Commission's schedule remark for this field reads: “AMOUNT HAD BEEN CALCULATED FOR 5/1/97.”

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.

Programme	Filings	With an approval date	Dated	Docket
NGPA	2	none	—	—

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.

Stream	Basis	Volume	Value
Gas	Production	203,609 Mcf	$269,248
Total			$269,248

107,116 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 33.0942, -97.6996. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.09424, -97.69964 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

6,050 ft

1 wells filed one

Completion to plug

25.0 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 6,050 ft.

Completions filed

Jul 1985

1 of 1 wells

Plug dates filed

Jul 2010

1 of 1 wells

Last completion to plug: a median of 25.0 years across the 1 well that filed both dates, with the middle half between 25.0 years and 25.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-49732888	2	6,050 ft	Jul 1985	Jul 2010	Yes

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 (211)

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

211 months


Jul 2010	0	72.55	4.74	$0
Jun 2010	0	70.36	4.91	$0
May 2010	0	71.12	4.24	$0
Apr 2010	0	81.69	4.12	$0
Mar 2010	0	78.39	4.39	$0
Feb 2010	0	73.58	5.44	$0
Jan 2010	0	74.36	5.96	$0
Dec 2009	0	71.44	5.48	$0
Nov 2009	0	74.59	3.75	$0
Oct 2009	0	72.54	4.11	$0
Sep 2009	0	65.54	3.06	$0
Aug 2009	0	67.42	3.22	$0
Jul 2009	0	61.13	3.46	$0
Jun 2009	0	66.16	3.90	$0
May 2009	0	54.74	3.93	$0
Apr 2009	0	46.77	3.59	$0
Mar 2009	0	42.14	4.06	$0
Feb 2009	0	32.81	4.63	$0
Jan 2009	0	35.86	5.37	$0
Dec 2008	0	37.10	5.98	$0
Nov 2008	0	55.49	6.86	$0
Oct 2008	0	75.24	6.92	$0
Sep 2008	0	101.76	7.88	$0
Aug 2008	0	114.22	8.48	$0
Jul 2008	0	131.08	11.39	$0
Jun 2008	0	131.33	13.03	$0
May 2008	0	123.17	11.57	$0
Apr 2008	0	110.31	10.45	$0
Mar 2008	0	101.90	9.66	$0
Feb 2008	0	92.53	8.77	$0
Jan 2008	0	90.38	8.21	$0
Dec 2007	0	88.33	7.30	$0
Nov 2007	0	91.67	7.29	$0
Oct 2007	0	82.85	6.92	$0
Sep 2007	0	75.84	6.24	$0
Aug 2007	0	69.06	6.39	$0
Jul 2007	0	70.90	6.39	$0
Jun 2007	0	62.00	7.55	$0
May 2007	0	58.74	7.85	$0
Apr 2007	0	59.61	7.81	$0
Mar 2007	0	56.92	7.30	$0
Feb 2007	0	55.10	8.22	$0
Jan 2007	0	50.30	6.73	$0
Dec 2006	0	56.65	6.92	$0
Nov 2006	0	54.20	7.62	$0
Oct 2006	0	54.90	6.01	$0
Sep 2006	0	60.08	5.04	$0
Aug 2006	0	68.71	7.34	$0
Jul 2006	0	69.37	6.34	$0
Jun 2006	0	66.28	6.38	$0
May 2006	0	66.01	6.42	$0
Apr 2006	0	64.39	7.36	$0
Mar 2006	0	56.70	7.08	$0
Feb 2006	0	57.59	7.75	$0
Jan 2006	0	60.59	8.93	$0
Dec 2005	0	54.94	13.42	$0
Nov 2005	0	54.69	10.59	$0
Oct 2005	0	58.34	13.80	$0
Sep 2005	0	61.45	12.08	$0
Aug 2005	0	61.51	9.80	$0
Jul 2005	0	55.69	7.84	$0
Jun 2005	0	52.33	7.38	$0
May 2005	0	45.22	6.65	$0
Apr 2005	0	49.20	7.36	$0
Mar 2005	0	50.37	7.15	$0
Feb 2005	0	45.22	6.31	$0
Jan 2005	0	43.16	6.32	$0
Dec 2004	0	39.86	6.75	$0
Nov 2004	0	45.28	6.33	$0
Oct 2004	0	49.70	6.52	$0
Sep 2004	0	43.24	5.28	$0
Aug 2004	0	42.37	5.55	$0
Jul 2004	0	38.28	6.08	$0
Jun 2004	0	36.10	6.43	$0
May 2004	0	37.48	6.49	$0
Apr 2004	0	34.47	5.86	$0
Mar 2004	0	34.36	5.53	$0
Feb 2004	0	32.45	5.51	$0
Jan 2004	0	32.03	6.30	$0
Dec 2003	0	30.26	6.30	$0
Nov 2003	0	28.80	4.60	$0
Oct 2003	0	28.17	4.76	$0
Sep 2003	0	26.31	4.75	$0
Aug 2003	0	29.76	5.13	$0
Jul 2003	0	29.41	5.17	$0
Jun 2003	0	28.56	5.98	$0
May 2003	0	26.59	5.97	$0
Apr 2003	0	26.67	5.41	$0
Mar 2003	0	31.14	6.10	$0
Feb 2003	4	33.48	7.93	$32
Jan 2003	3	30.31	5.58	$17
Dec 2002	765	26.91	4.85	$3,713
Nov 2002	937	24.66	4.14	$3,876
Oct 2002	292	26.46	4.23	$1,235
Sep 2002	593	27.44	3.64	$2,156
Aug 2002	539	25.96	3.16	$1,705
Jul 2002	1,114	24.58	3.06	$3,411
Jun 2002	621	23.73	3.34	$2,073
May 2002	1,125	24.66	3.58	$4,032
Apr 2002	1,003	23.65	3.51	$3,523
Mar 2002	1,422	22.00	3.10	$4,412
Feb 2002	1,569	18.22	2.38	$3,727
Jan 2002	912	17.17	2.38	$2,167
Dec 2001	1,472	16.93	2.36	$3,480
Nov 2001	1,655	18.07	2.41	$3,981
Oct 2001	1,261	19.78	2.53	$3,189
Sep 2001	1,129	24.26	2.25	$2,542
Aug 2001	639	24.87	3.05	$1,951
Jul 2001	518	23.93	3.20	$1,656
Jun 2001	550	24.56	3.82	$2,103
May 2001	654	25.52	4.31	$2,817
Apr 2001	525	24.68	5.34	$2,801
Mar 2001	413	24.54	5.38	$2,220
Feb 2001	397	27.75	5.77	$2,290
Jan 2001	495	27.47	8.40	$4,157
Dec 2000	557	26.88	9.12	$5,081
Nov 2000	607	32.21	5.66	$3,434
Oct 2000	593	31.23	5.15	$3,051
Sep 2000	517	31.87	5.19	$2,681
Aug 2000	1,329	29.64	4.54	$6,035
Jul 2000	1,667	28.53	4.09	$6,818
Jun 2000	1,101	29.30	4.40	$4,841
May 2000	1,758	27.26	3.68	$6,469
Apr 2000	1,856	24.51	3.12	$5,783
Mar 2000	1,682	28.42	2.86	$4,810
Feb 2000	705	27.62	2.73	$1,922
Jan 2000	1,738	25.27	2.48	$4,311
Dec 1999	2,040	24.28	2.42	$4,944
Nov 1999	1,773	23.19	2.43	$4,315
Oct 1999	1,558	20.98	2.80	$4,368
Sep 1999	194	21.75	2.62	$508
Aug 1999	62	19.26	2.88	$178
Jul 1999	1,075	17.89	2.37	$2,550
Jun 1999	1,755	15.94	2.36	$4,145
May 1999	1,503	15.79	2.32	$3,488
Apr 1999	1,577	15.10	2.21	$3,482
Mar 1999	1,852	12.47	1.84	$3,405
Feb 1999	1,667	9.98	1.82	$3,030
Jan 1999	2,002	10.38	1.90	$3,804
Dec 1998	1,733	9.20	1.77	$3,073
Nov 1998	1,660	10.89	2.19	$3,628
Oct 1998	1,662	12.42	1.97	$3,273
Sep 1998	1,933	12.59	2.08	$4,026
Aug 1998	2,219	11.30	1.91	$4,232
Jul 1998	1,827	11.74	2.24	$4,087
Jun 1998	2,198	11.24	2.24	$4,918
May 1998	2,200	12.62	2.21	$4,854
Apr 1998	2,195	13.04	2.51	$5,499
Mar 1998	1,657	12.80	2.31	$3,827
Feb 1998	2,517	13.95	2.30	$5,787
Jan 1998	2,847	14.70	2.15	$6,135
Dec 1997	3,147	16.32	2.41	$7,588
Nov 1997	1,652	18.19	3.09	$5,102
Oct 1997	1,736	19.25	3.15	$5,468
Sep 1997	1,850	17.74	2.95	$5,467
Aug 1997	1,278	17.86	2.55	$3,265
Jul 1997	1,741	17.58	2.25	$3,912
Jun 1997	1,206	17.24	2.26	$2,722
May 1997	594	18.97	2.31	$1,371
Apr 1997	119	17.88	2.08	$248
Mar 1997	1,354	18.95	1.94	$2,626
Feb 1997	2,753	20.49	2.21	$6,073
Jan 1997	2,640	23.48	3.54	$9,345
Dec 1996	2,882	23.32	—	$0
Nov 1996	2,772	21.97	—	$0
Oct 1996	3,723	23.31	—	$0
Sep 1996	3,030	22.22	—	$0
Aug 1996	2,672	20.26	—	$0
Jul 1996	1,912	19.55	—	$0
Jun 1996	3,611	18.73	—	$0
May 1996	3,302	19.43	—	$0
Apr 1996	3,258	21.51	—	$0
Mar 1996	4,019	19.38	—	$0
Feb 1996	2,614	16.98	—	$0
Jan 1996	3,373	17.07	—	$0
Dec 1995	4,005	17.19	—	$0
Nov 1995	1,176	16.00	—	$0
Oct 1995	925	15.43	—	$0
Sep 1995	5,449	16.18	—	$0
Aug 1995	4,431	15.92	—	$0
Jul 1995	2,454	15.24	—	$0
Jun 1995	2,322	16.41	—	$0
May 1995	1,557	17.56	—	$0
Apr 1995	292	17.73	—	$0
Mar 1995	1,451	16.44	—	$0
Feb 1995	2,300	16.58	—	$0
Jan 1995	430	15.92	—	$0
Dec 1994	1,403	15.03	—	$0
Nov 1994	43	15.90	—	$0
Oct 1994	611	15.58	—	$0
Sep 1994	1,600	15.29	—	$0
Aug 1994	608	16.13	—	$0
Jul 1994	2,465	17.56	—	$0
Jun 1994	5,417	17.09	—	$0
May 1994	7,313	15.88	—	$0
Apr 1994	1,723	14.14	—	$0
Mar 1994	1,113	12.46	—	$0
Feb 1994	407	12.50	—	$0
Jan 1994	349	12.66	—	$0
Dec 1993	351	12.33	—	$0
Nov 1993	1,116	14.49	—	$0
Oct 1993	189	15.85	—	$0
Sep 1993	3,680	15.03	—	$0
Aug 1993	2,138	15.66	—	$0
Jul 1993	1,874	15.46	—	$0
Jun 1993	1,741	16.79	—	$0
May 1993	903	17.68	—	$0
Apr 1993	667	18.05	—	$0
Mar 1993	3,580	18.14	—	$0
Feb 1993	1,488	17.90	—	$0
Jan 1993	2,377	16.93	—	$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.

Feb 2003 — as filed, then multipliedworked

Gas                    4 Mcf  × $  7.93 =        $32

────────────────────────────────────────────────────
Month total                                      $32

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. 09/G/118112 is the state's own key, not one this site invented.