L.B. HAILEY UNIT

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

Gas lease lease 264360District 02Field 86950600Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$55.4 M
Jun 2011 – May 2026
Value, last 12 filed months
$3.7 M
at the published price for each month
Months reported
180
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 1,993 leases and 2,259 wells, and the rule below applies to all of them.

Discovered
2009-12-01
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 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 2017-10-10.

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: GAS WELLS

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 Gas112012-09-17207280
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
CondensateDisposition578,177 bbl$40,154,390
GasProduction4,825,425 Mcf$15,240,737
Total$55,395,127

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 28.8061, -97.8941. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.80614, -97.89409 · 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
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
12,867 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
00.0%
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.
1100.0%

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 12,867 ft.

Completions filed
Jan 2024
1 of 1 wells

1 well

42-255318832H12,867 ftJan 2024

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 (180)

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

180 months

May 20261,42734,511106.413.05$256,962
Apr 20261,60434,43398.932.87$257,497
Mar 20261,74931,79989.753.15$257,122
Feb 20261,74330,94363.503.75$226,727
Jan 20262,25039,40359.138.00$448,185
Dec 20252,25543,65056.664.41$320,411
Nov 20252,13445,08858.593.93$302,066
Oct 20252,35444,26559.383.30$286,069
Sep 20252,23146,86262.743.08$284,164
Aug 20252,45451,68763.933.01$312,708
Jul 20253,09948,20266.743.32$366,627
Jun 20252,75050,06966.483.13$339,472
May 20254,27055,87260.553.23$439,145
Apr 20253,50256,10362.363.54$417,164
Mar 20253,76463,14367.704.27$524,337
Feb 20253,77158,67970.884.34$522,005
Jan 20255,65663,37274.324.28$691,502
Dec 20245,22468,78168.993.12$575,095
Nov 20245,12768,27069.052.20$504,107
Oct 20244,36752,19571.372.28$430,750
Sep 20244,98958,64369.612.36$485,937
Aug 20246,37082,84275.632.06$652,718
Jul 20246,87885,00779.932.15$732,234
Jun 20249,36094,58478.082.63$979,961
May 202411,785113,46978.812.20$1,178,231
Apr 202413,110125,50984.451.66$1,315,384
Mar 202415,126136,31080.301.55$1,425,234
Feb 202420,971154,42476.091.78$1,871,120
Jan 202419,979122,70173.023.30$1,863,493
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 202311080.522.67$886
Jul 2023117074.852.64$8,757
Jun 2023166068.962.26$11,447
May 2023166070.622.23$11,723
Apr 2023141078.122.24$11,015
Mar 2023135072.852.39$9,835
Feb 2023158075.112.47$11,867
Jan 20231501,29076.533.39$15,850
Dec 20221442,70276.415.73$26,483
Nov 20221362,57785.005.65$26,110
Oct 20223087.185.86$262
Sep 20222572,65784.888.16$43,505
Aug 20222742,67894.529.13$50,341
Jul 20222722,683101.587.54$47,865
Jun 20222463,077115.097.98$52,858
May 20222823,712109.378.43$62,146
Apr 2022195146104.226.84$21,321
Mar 202217631108.885.08$19,320
Feb 202219514891.054.86$18,474
Jan 202226610481.844.54$22,241
Dec 2021492071.323.90$35,089
Nov 20211,132377.435.24$87,666
Oct 20218602,88779.795.71$85,115
Sep 20217921,90169.865.35$65,501
Aug 20217742,06966.024.22$59,832
Jul 20218002,29770.783.98$65,771
Jun 20213741,29669.493.38$30,371
May 2021461,92463.483.02$8,726
Apr 20212261,74260.362.76$18,447
Mar 202129281861.302.72$20,122
Feb 202113436957.805.55$9,792
Jan 202126321450.412.81$13,859
Dec 20202691,33044.642.68$15,567
Nov 20201852,03638.772.71$12,683
Oct 20201591,87836.972.48$10,533
Sep 202021989937.091.99$9,913
Aug 20201442,28939.982.39$11,217
Jul 20201612,79038.371.83$11,270
Jun 20201941,84734.901.69$9,893
May 20200016.921.81$0
Apr 20202801,30314.751.80$6,481
Mar 20203651,48230.341.86$13,825
Feb 20205834,00749.881.98$37,017
Jan 20206224,39257.252.09$44,810
Dec 20195684,55259.012.30$44,007
Nov 20195415,51955.302.75$45,098
Oct 20191,1967,77053.472.42$82,742
Sep 20191,3539,23755.052.66$99,028
Aug 20193,3619,49253.112.30$200,376
Jul 201912745156.272.46$8,256
Jun 20192,90037,57052.782.49$246,656
May 20196,72675,45558.482.74$600,107
Apr 20198,79983,99862.632.75$782,135
Mar 20198,88396,69756.803.06$800,650
Feb 20199,35899,92250.852.79$754,859
Jan 201913,906133,15046.033.23$1,069,925
Dec 201817,681171,03046.594.19$1,539,594
Nov 201824,720244,38952.934.24$2,343,964
Oct 201839,314329,96961.443.40$3,536,713
Sep 201856,452367,79459.543.11$4,504,256
Aug 201840,475201,14259.403.07$3,021,029
Jul 201824165.142.93$1,566
Jun 20181571,36160.183.08$13,636
May 20181642,27065.382.90$17,307
Apr 20184113,68363.842.90$36,922
Mar 20184873,86461.222.79$40,582
Feb 20183152,76161.782.77$27,098
Jan 20185403,61762.874.01$48,452
Dec 20175023,05857.272.92$37,684
Nov 20173273,51155.423.12$29,071
Oct 20175254,46849.292.98$39,208
Sep 20174124,40747.523.09$33,184
Aug 20174634,36545.373.00$34,121
Jul 20174575,35943.873.09$36,593
Jun 20175996,60642.493.09$45,846
May 20176815,78845.373.26$49,786
Apr 20174522,23547.933.21$28,842
Mar 20175474,64546.772.98$39,442
Feb 20175684,79950.452.95$42,825
Jan 20175985,77949.413.42$49,304
Dec 20166162,43748.763.72$39,109
Nov 20165864,34442.492.64$36,386
Oct 20165945,79646.193.09$45,348
Sep 20166437,53141.553.10$50,067
Aug 20166037,97841.442.92$48,319
Jul 20165217,15941.622.92$42,619
Jun 20167077,26645.352.69$51,578
May 20165936,10142.521.99$37,362
Apr 20169465,40836.561.99$45,353
Mar 20168885,56633.011.79$39,298
Feb 20167312,38926.472.06$24,280
Jan 20161,0333,50627.352.36$36,542
Dec 20151,0594,47932.362.00$43,234
Nov 20158915,36638.792.17$46,192
Oct 20151,0556,79743.552.43$62,439
Sep 20159234,81942.992.76$52,973
Aug 20151,0527,14440.162.87$62,769
Jul 20151,0817,19748.152.95$73,246
Jun 20151,0155,44856.152.88$72,698
May 20151,0897,35255.212.96$81,852
Apr 20159414,40449.822.71$58,800
Mar 20151,2397,42042.892.93$74,916
Feb 20159954,89244.662.98$58,996
Jan 20159984,81543.433.10$58,273
Dec 20141,0864,50154.693.59$75,558
Nov 20141,26110,28670.464.25$132,584
Oct 20141,06912,10478.303.90$130,920
Sep 201497014,77786.164.05$143,355
Aug 20141,53017,26089.394.04$206,413
Jul 20141,3277,49296.564.18$159,449
Jun 20141,3387,38298.164.74$166,306
May 20141,2926,90594.734.73$155,028
Apr 20141,4838,19195.944.81$181,671
Mar 20141,2067,94695.895.06$155,825
Feb 20141,1949,38997.406.19$174,432
Jan 20141,3399,17490.404.86$165,638
Dec 20131,7099,97091.824.35$200,335
Nov 20131,5848,66188.853.74$173,116
Oct 20131,70111,78897.423.78$210,263
Sep 20137947,388104.113.72$110,130
Aug 20131,47110,736104.253.52$191,170
Jul 20131,57611,509102.523.72$204,359
Jun 20131,52311,70894.403.93$189,824
May 20132,26712,31594.834.15$266,076
Apr 20131,8359,17293.964.28$211,697
Mar 20132,1958,63393.623.91$239,276
Feb 20132,0698,37491.233.42$217,393
Jan 20132,45812,03891.603.42$266,322
Dec 20122,80412,20486.773.42$285,043
Nov 20122,56311,54586.953.62$264,703
Oct 20122,82413,08789.383.40$296,901
Sep 20123,01313,24294.672.92$323,886
Aug 20123,07812,87192.662.91$322,638
Jul 20123,10214,56185.133.02$308,059
Jun 20123,32117,43979.822.52$309,012
May 20123,80918,65591.612.49$395,362
Apr 20124,41222,075101.652.00$492,559
Mar 20125,83228,565105.052.22$676,125
Feb 20124,80631,339101.102.57$566,435
Jan 20125,87731,77698.092.73$663,353
Dec 20117,71343,81996.873.24$889,120
Nov 201111,05357,05195.723.31$1,246,905
Oct 201118,79794,59684.983.65$1,942,506
Sep 201110,35356,17983.623.99$1,089,636
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$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.

May 2026 — as filed, then multipliedworked
Condensate         1,427 bbl  × $106.41 =   $151,847
Gas               34,511 Mcf  × $  3.05 =   $105,115

────────────────────────────────────────────────────
Month total                                 $256,962

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/264360 is the state's own key, not one this site invented.