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 264506District 02Field 86950600Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$42.2 M
May 2011 – May 2026
Value, last 12 filed months
$1.8 M
at the published price for each month
Months reported
181
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 Gas112012-09-17207281
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
CondensateDisposition441,641 bbl$31,264,439
GasProduction3,268,591 Mcf$10,931,761
Total$42,196,199

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 28.8075, -97.8899. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.80749, -97.88992 · 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
12,871 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 12,871 ft.

Completions filed
Jan 2024
1 of 1 wells

1 well

42-255318821H12,871 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 (181)

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

181 months

May 20261,15811,925106.413.05$159,544
Apr 20261,27312,24998.932.87$161,089
Mar 20261,50511,77589.753.15$172,158
Feb 20261,56515,38463.503.75$157,072
Jan 20261,51815,70559.138.00$215,367
Dec 20251,69217,98056.664.41$175,221
Nov 20251,23818,84858.593.93$146,540
Oct 20251,66620,79259.383.30$167,641
Sep 20251,62419,80762.743.08$162,834
Aug 20251,22917,02163.933.01$129,884
Jul 20251,04915,73766.743.32$122,182
Jun 20255249,48966.483.13$64,524
May 20257078,02160.553.23$68,735
Apr 20251,30916,79362.363.54$141,129
Mar 20251,66016,38167.704.27$182,301
Feb 20251,80210,01570.884.34$171,199
Jan 20252,66413,64374.324.28$256,363
Dec 20242,28613,78068.993.12$200,724
Nov 20241,69413,68569.052.20$147,056
Oct 20241,63017,85171.372.28$157,058
Sep 20241,36120,91669.612.36$144,192
Aug 20241,35724,20775.632.06$152,584
Jul 20242,27125,19779.932.15$235,609
Jun 20242,76424,61078.082.63$280,635
May 20242,58325,63178.812.20$259,914
Apr 20242,95329,30084.451.66$297,995
Mar 20242,94737,04980.301.55$293,890
Feb 20245,37162,15476.091.78$519,540
Jan 20243,58823,56073.023.30$339,689
Dec 20230071.262.61$0
Nov 20235737677.892.81$5,495
Oct 20235433,67385.443.09$57,734
Sep 20231,0227,82089.042.74$112,387
Aug 20238217,17980.522.67$85,296
Jul 20239347,23374.852.64$89,018
Jun 20239859,96868.962.26$90,438
May 20231,08111,34470.622.23$101,608
Apr 202399811,05278.122.24$102,695
Mar 20231,05311,70072.852.39$104,711
Feb 20231,25210,72175.112.47$120,472
Jan 20231,52314,78476.533.39$166,639
Dec 20221,57215,67876.415.73$209,937
Nov 20221,22414,55685.005.65$186,226
Oct 20221,59913,00787.185.86$215,671
Sep 20221,91715,46384.888.16$288,950
Aug 20222,05118,69694.529.13$364,502
Jul 20222,11217,351101.587.54$345,400
Jun 20222,03915,670115.097.98$359,671
May 20222,30616,862109.378.43$394,405
Apr 20222,28215,332104.226.84$342,664
Mar 20222,13413,880108.885.08$302,810
Feb 20222,64613,61991.054.86$307,091
Jan 20224,51820,82181.844.54$464,232
Dec 20211,6683,59871.323.90$132,991
Nov 20211,2391,18477.435.24$102,136
Oct 20219474,26479.795.71$99,925
Sep 20211,0713,63169.865.35$94,249
Aug 20211,1213,94166.024.22$90,642
Jul 20211,1694,41570.783.98$100,323
Jun 20211,1004,36069.493.38$91,179
May 20215194,51863.483.02$46,580
Apr 20211,2118,36360.362.76$96,165
Mar 20211,46310,35761.302.72$117,821
Feb 20213842,80457.805.55$37,752
Jan 20219394,48850.412.81$59,947
Dec 20201,6114,09444.642.68$82,868
Nov 20201,6529,84538.772.71$90,694
Oct 20203,52618,06336.972.48$175,124
Sep 20203311137.091.99$1,445
Aug 20200039.982.39$0
Jul 202048038.371.83$1,842
Jun 20201,01710,56234.901.69$53,346
May 20200016.921.81$0
Apr 20202,32518,86414.751.80$68,332
Mar 20202,88323,15630.341.86$130,453
Feb 20202,91220,93149.881.98$186,708
Jan 20203,21622,27257.252.09$230,770
Dec 20192,90521,78859.012.30$221,631
Nov 20192,77424,16455.302.75$219,870
Oct 20194,36625,76853.472.42$295,771
Sep 20193,50436,59355.052.66$290,133
Aug 20194,42745,44453.112.30$339,837
Jul 20192101,94056.272.46$16,589
Jun 20194,44537,48052.782.49$327,977
May 20194,81143,20858.482.74$399,751
Apr 20194,85846,82062.632.75$433,044
Mar 20195,58552,56456.803.06$478,184
Feb 20196,05554,65750.852.79$460,511
Jan 20198,28770,25646.033.23$608,250
Dec 201810,04594,40546.594.19$863,123
Nov 201812,534116,51252.934.24$1,157,114
Oct 201822,330168,30561.443.40$1,943,869
Sep 201829,373157,35759.543.11$2,237,934
Aug 201816,71084,00959.403.07$1,250,193
Jul 20181165.142.93$68
Jun 20181160.183.08$63
May 2018109665.382.90$932
Apr 20184146763.842.90$3,972
Mar 20183741761.222.79$3,427
Feb 20182846361.782.77$3,011
Jan 20181211,57662.874.01$13,926
Dec 20172454,32057.272.92$26,652
Nov 20174834,98355.423.12$42,307
Oct 20177897,13849.292.98$60,187
Sep 20178267,21147.523.09$61,514
Aug 20178499,17745.373.00$66,091
Jul 20171262,82943.873.09$14,262
Jun 20171432,44042.493.09$13,609
May 20176236,74845.373.26$50,287
Apr 20176985,26847.933.21$50,374
Mar 20178675,79146.772.98$57,828
Feb 20178446,24050.452.95$61,004
Jan 20179975,04449.413.42$66,506
Dec 20161,0392,39048.763.72$59,559
Nov 201680412,33642.492.64$66,783
Oct 20167108,10346.193.09$57,835
Sep 201684010,51341.553.10$67,499
Aug 201690012,72541.442.92$74,508
Jul 20167068,89941.622.92$55,407
Jun 20168768,70745.352.69$63,112
May 20168029,42542.521.99$52,867
Apr 20161,1697,37136.561.99$57,415
Mar 20161,2267,62533.011.79$54,150
Feb 20161,6106,44926.472.06$55,925
Jan 20161,2637,00327.352.36$51,101
Dec 20151,2356,54532.362.00$53,064
Nov 20151,2398,89538.792.17$67,339
Oct 20151,4797,87143.552.43$83,510
Sep 20151,33510,71742.992.76$86,954
Aug 20151,4368,77940.162.87$82,887
Jul 20151,3739,19448.152.95$93,187
Jun 20151,4878,30356.152.88$107,431
May 20151,5218,92355.212.96$110,346
Apr 20151,7858,30149.822.71$111,396
Mar 20152,77113,15342.892.93$157,448
Feb 20151,7749,53444.662.98$107,602
Jan 20151,3708,05843.433.10$84,484
Dec 20141,50210,98854.693.59$121,606
Nov 20141,38011,97670.464.25$148,155
Oct 20141,55426,56378.303.90$225,299
Sep 20141,26019,75086.164.05$188,459
Aug 20141,29326,40489.394.04$222,125
Jul 20141,3099,19096.564.18$164,808
Jun 20141,4859,95998.164.74$192,942
May 20141,59910,36694.734.73$200,469
Apr 20141,35910,23195.944.81$179,585
Mar 20141,44112,07695.895.06$199,243
Feb 20141,41911,22097.406.19$207,685
Jan 20141,39212,61090.404.86$187,130
Dec 20131,62414,99391.824.35$214,402
Nov 20131,70914,25488.853.74$205,130
Oct 20132,15514,61597.423.78$265,175
Sep 20131,0048,882104.113.72$137,547
Aug 20131,70713,553104.253.52$225,697
Jul 20132,11914,662102.523.72$271,749
Jun 20131,90314,57494.403.93$236,969
May 20131,85815,18094.834.15$239,177
Apr 20132,23810,31293.964.28$254,445
Mar 20132,2388,01893.623.91$240,895
Feb 20132,2428,38691.233.42$233,217
Jan 20132,94410,52891.603.42$305,675
Dec 20122,74911,67386.773.42$278,454
Nov 20122,76711,86386.953.62$283,594
Oct 20123,06315,40289.383.40$326,133
Sep 20123,35115,29294.672.92$361,867
Aug 20123,17114,29192.662.91$335,385
Jul 20123,13716,44985.133.02$316,742
Jun 20123,65920,52579.822.52$343,765
May 20124,13823,59791.612.49$437,799
Apr 20124,49926,324101.652.00$509,887
Mar 20125,49928,985105.052.22$642,077
Feb 20125,69939,893101.102.57$678,703
Jan 20126,85940,18098.092.73$782,655
Dec 20118,92656,14196.873.24$1,046,544
Nov 201114,73183,49995.723.31$1,686,540
Oct 201118,112109,76884.983.65$1,939,651
Sep 20115,13834,00983.623.99$565,193
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$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         1,158 bbl  × $106.41 =   $123,223
Gas               11,925 Mcf  × $  3.05 =    $36,322

────────────────────────────────────────────────────
Month total                                 $159,544

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/264506 is the state's own key, not one this site invented.