GWOSDZ A

Operated by DEVON ENERGY PRODUCTION CO, L.P. (P-5 216378) in the DE WITT (EAGLE FORD SHALE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 263732District 02Field 24492500Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$36.9 M
Jun 2011 – May 2014
Value, last 12 filed months
$2.6 M
at the published price for each month
Months reported
36
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 752 leases and 817 wells, and the rule below applies to all of them.

Discovered
2009-04-22
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
330 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 2018-01-23.

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: DOCKET #02-0305519, NUNC PRO TUNC EFF 1/23/2018.

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.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas112012-11-06207656
NGPA1none

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.

StreamBasisVolumeValue
CondensateDisposition358,863 bbl$33,197,941
GasProduction1,091,079 Mcf$3,668,858
Total$36,866,799

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 29.0315, -97.6242. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.03154, -97.62419 · 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
13,123 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 13,123 ft.

Completions filed
Nov 2013
1 of 1 wells

1 well

42-123324151H13,123 ftNov 2013Yes

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 (36)

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

36 months

May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20134,59713,62497.423.78$499,330
Sep 20134,32813,982104.113.72$502,570
Aug 20134,63115,038104.253.52$535,755
Jul 20134,68316,576102.523.72$541,726
Jun 20134,89615,31394.403.93$522,415
May 20134,86816,20894.834.15$528,881
Apr 20135,40616,38693.964.28$578,122
Mar 20135,69417,63293.623.91$602,064
Feb 20135,26616,73291.233.42$537,639
Jan 20136,37319,11291.603.42$649,128
Dec 20126,71519,98186.773.42$650,999
Nov 20125,28113,23086.953.62$507,141
Oct 20128,70027,36489.383.40$870,635
Sep 201210,08731,02594.672.92$1,045,480
Aug 201210,63936,08192.662.91$1,090,739
Jul 201212,31639,32185.133.02$1,167,242
Jun 201213,05442,42079.822.52$1,148,828
May 201214,40851,96691.612.49$1,449,225
Apr 201215,99752,850101.652.00$1,731,626
Mar 201218,92157,270105.052.22$2,114,910
Feb 201220,21854,882101.102.57$2,185,100
Jan 201218,69664,66398.092.73$2,010,684
Dec 201122,86264,34696.873.24$2,423,106
Nov 20115,00115,63395.723.31$530,461
Oct 201123,08873,80484.983.65$2,231,295
Sep 201126,30279,91483.623.99$2,517,894
Aug 201130,49884,96583.404.15$2,896,080
Jul 201128,41079,25994.144.52$3,032,549
Jun 201116,92841,50292.904.64$1,765,176

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 2013 — as filed, then multipliedworked
Condensate         4,597 bbl  × $ 97.42 =   $447,840
Gas               13,624 Mcf  × $  3.78 =    $51,490

────────────────────────────────────────────────────
Month total                                 $499,330

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. 02/G/263732 is the state's own key, not one this site invented.