PORTWOOD-TAYLOR

Operated by TAYLOR, DUTCH (P-5 837460) in the U. C. S. L. (MISS.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 27029District 09Field 92276500OilCasinghead gasSaveExport
Value, all time
$215 k
Jan 1993 – Jan 2016
Value, last 12 filed months
$10 k
at the published price for each month
Months reported
277
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 17 leases and 24 wells, and the rule below applies to all of them.

Discovered
1957-10-15
as the register files it
Field class
Oil
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
OilDisposition6,122 bbl$213,177
Casinghead gasProduction642 Mcf$1,802
Total$214,979

177 Mcf of this lease's gas, across 47 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.

Every month this lease reported (277)

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

277 months

Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 2015177056.152.88$9,939
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140186.164.05$4
Aug 20140189.394.04$4
Jul 20140196.564.18$4
Jun 20140198.164.74$5
May 20140194.734.73$5
Apr 20140195.944.81$5
Mar 20140195.895.06$5
Feb 20140197.406.19$6
Jan 20140190.404.86$5
Dec 20130191.824.35$4
Nov 20130188.853.74$4
Oct 20130197.423.78$4
Sep 20131851104.113.72$19,264
Aug 201301104.253.52$4
Jul 201301102.523.72$4
Jun 20130194.403.93$4
May 20130194.834.15$4
Apr 20130193.964.28$4
Mar 20130193.623.91$4
Feb 20130191.233.42$3
Jan 20130191.603.42$3
Dec 20120186.773.42$3
Nov 20120186.953.62$4
Oct 20120189.383.40$3
Sep 2012173194.672.92$16,381
Aug 20120192.662.91$3
Jul 20120185.133.02$3
Jun 20120179.822.52$3
May 20120191.612.49$2
Apr 201201101.652.00$2
Mar 201201105.052.22$2
Feb 201201101.102.57$3
Jan 20120198.092.73$3
Dec 20110196.873.24$3
Nov 20110195.723.31$3
Oct 2011174184.983.65$14,790
Sep 20110183.623.99$4
Aug 20110183.404.15$4
Jul 20110194.144.52$5
Jun 20110192.904.64$5
May 20110198.134.40$4
Apr 201101105.964.33$4
Mar 20110196.364.06$4
Feb 20110185.644.18$4
Jan 20110186.504.59$5
Dec 2010176185.734.35$15,093
Nov 20100180.843.80$4
Oct 20100178.103.51$4
Sep 20100172.633.98$4
Aug 20100173.684.42$4
Jul 20100172.554.74$5
Jun 20100170.364.91$5
May 20100171.124.24$4
Apr 20100181.694.12$4
Mar 20100178.394.39$4
Feb 20100173.585.44$5
Jan 20100174.365.96$6
Dec 20090171.445.48$5
Nov 20090174.593.75$4
Oct 20090172.544.11$4
Sep 20090165.543.06$3
Aug 2009182167.423.22$12,274
Jul 20090161.133.46$3
Jun 20090166.163.90$4
May 20090154.743.93$4
Apr 20090146.773.59$4
Mar 20090142.144.06$4
Feb 20090132.814.63$5
Jan 20090135.865.37$5
Dec 20080137.105.98$6
Nov 20080155.496.86$7
Oct 20080175.246.92$7
Sep 200801101.767.88$8
Aug 200801114.228.48$8
Jul 200801131.0811.39$11
Jun 200801131.3313.03$13
May 200801123.1711.57$12
Apr 200801110.3110.45$10
Mar 200801101.909.66$10
Feb 20080192.538.77$9
Jan 20080190.388.21$8
Dec 20070188.337.30$7
Nov 20070191.677.29$7
Oct 20070182.856.92$7
Sep 20070175.846.24$6
Aug 2007179169.066.39$12,368
Jul 20070170.906.39$6
Jun 20070162.007.55$8
May 20070158.747.85$8
Apr 20070159.617.81$8
Mar 20070156.927.30$7
Feb 20070155.108.22$8
Jan 20070150.306.73$7
Dec 20060156.656.92$7
Nov 20060154.207.62$8
Oct 20060154.906.01$6
Sep 2006180160.085.04$10,819
Aug 20060168.717.34$7
Jul 20060169.376.34$6
Jun 20060166.286.38$6
May 20060166.016.42$6
Apr 20060164.397.36$7
Mar 20060156.707.08$7
Feb 20060157.597.75$8
Jan 20060160.598.93$9
Dec 20050154.9413.42$13
Nov 20050154.6910.59$11
Oct 2005181158.3413.80$10,573
Sep 20050161.4512.08$12
Aug 20050161.519.80$10
Jul 20050155.697.84$8
Jun 20050152.337.38$7
May 20050145.226.65$7
Apr 20050149.207.36$7
Mar 20050150.377.15$7
Feb 20050145.226.31$6
Jan 20050143.166.32$6
Dec 2004179139.866.75$7,142
Nov 20040145.286.33$6
Oct 20040149.706.52$7
Sep 20040143.245.28$5
Aug 20040142.375.55$6
Jul 20040138.286.08$6
Jun 20040136.106.43$6
May 20040137.486.49$6
Apr 20040134.475.86$6
Mar 20040134.365.53$6
Feb 20040132.455.51$6
Jan 2004178132.036.30$5,708
Dec 20030130.266.30$6
Nov 20030128.804.60$5
Oct 20030128.174.76$5
Sep 20030126.314.75$5
Aug 2003176129.765.13$5,243
Jul 20030129.415.17$5
Jun 20030128.565.98$6
May 20030126.595.97$6
Apr 20030126.675.41$5
Mar 20030131.146.10$6
Feb 20030133.487.93$8
Jan 20030130.315.58$6
Dec 20020126.914.85$5
Nov 20020124.664.14$4
Oct 20020126.464.23$4
Sep 2002346127.443.64$9,498
Aug 20020125.963.16$3
Jul 20020124.583.06$3
Jun 20020123.733.34$3
May 20020124.663.58$4
Apr 20020123.653.51$4
Mar 20020122.003.10$3
Feb 20020218.222.38$5
Jan 20020217.172.38$5
Dec 20010216.932.36$5
Nov 20010118.072.41$2
Oct 20010119.782.53$3
Sep 20010124.262.25$2
Aug 20010124.873.05$3
Jul 20010123.933.20$3
Jun 20010224.563.82$8
May 20010625.524.31$26
Apr 20010624.685.34$32
Mar 20010624.545.38$32
Feb 20010627.755.77$35
Jan 20010627.478.40$50
Dec 2000174626.889.12$4,732
Nov 20000432.215.66$23
Oct 20000631.235.15$31
Sep 20000631.875.19$31
Aug 20000629.644.54$27
Jul 20000128.534.09$4
Jun 20000129.304.40$4
May 20000127.263.68$4
Apr 20000624.513.12$19
Mar 20000628.422.86$17
Feb 2000180627.622.73$4,988
Jan 20000625.272.48$15
Dec 19990624.282.42$15
Nov 19990623.192.43$15
Oct 19990620.982.80$17
Sep 19990621.752.62$16
Aug 1999129619.262.88$2,502
Jul 19990617.892.37$14
Jun 19990615.942.36$14
May 19990615.792.32$14
Apr 1999172615.102.21$2,610
Mar 19990612.471.84$11
Feb 1999069.981.82$11
Jan 19990610.381.90$11
Dec 1998069.201.77$11
Nov 19980610.892.19$13
Oct 19980612.421.97$12
Sep 1998172612.592.08$2,178
Aug 19980611.301.91$11
Jul 19980611.742.24$13
Jun 19980611.242.24$13
May 19980612.622.21$13
Apr 1998139613.042.51$1,828
Mar 19980612.802.31$14
Feb 19980613.952.30$14
Jan 19980614.702.15$13
Dec 19970616.322.41$14
Nov 1997153618.193.09$2,802
Oct 19970619.253.15$19
Sep 19970617.742.95$18
Aug 19970617.862.55$15
Jul 1997177617.582.25$3,125
Jun 19970617.242.26$14
May 19970618.972.31$14
Apr 19970617.882.08$13
Mar 1997158618.951.94$3,006
Feb 19970620.492.21$13
Jan 19970623.483.54$21
Dec 19960623.32$0
Nov 19960621.97$0
Oct 1996143623.31$3,333
Sep 19960622.22$0
Aug 19960620.26$0
Jul 19960619.55$0
Jun 1996148618.73$2,772
May 19960619.43$0
Apr 19960621.51$0
Mar 19960619.38$0
Feb 19960616.98$0
Jan 199677617.07$1,314
Dec 19950617.19$0
Nov 1995105616.00$1,680
Oct 19950615.43$0
Sep 19950616.18$0
Aug 1995134615.92$2,133
Jul 19950615.24$0
Jun 19950616.41$0
May 19950617.56$0
Apr 1995137617.73$2,429
Mar 19950616.44$0
Feb 19950616.58$0
Jan 1995156615.92$2,484
Dec 19940615.03$0
Nov 19940615.90$0
Oct 1994165015.58$2,571
Sep 19940115.29$0
Aug 19940116.13$0
Jul 1994170117.56$2,985
Jun 19940117.09$0
May 19940115.88$0
Apr 1994159114.14$2,248
Mar 19940112.46$0
Feb 1994136112.50$1,700
Jan 19940112.66$0
Dec 19930112.33$0
Nov 19930114.49$0
Oct 1993172115.85$2,726
Sep 19930115.03$0
Aug 19930115.66$0
Jul 1993155115.46$2,396
Jun 19930116.79$0
May 1993165117.68$2,917
Apr 19930118.05$0
Mar 19930118.14$0
Feb 1993160117.90$2,864
Jan 19930116.93$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.

Jun 2015 — as filed, then multipliedworked
Oil                  177 bbl  × $ 56.15 =     $9,939
Casinghead gas         0 Mcf  × $  2.88 =         $0

────────────────────────────────────────────────────
Month total                                   $9,939

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/O/27029 is the state's own key, not one this site invented.