LOVE 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 266709District 02Field 86950600Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$26.4 M
Jun 2012 – May 2026
Value, last 12 filed months
$302 k
at the published price for each month
Months reported
168
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 Gas112015-07-20214360
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
CondensateDisposition267,856 bbl$23,462,467
GasProduction815,702 Mcf$2,956,128
Total$26,418,595

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 28.8467, -97.9202. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.84669, -97.92020 · 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
12,450 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 12,450 ft.

Completions filed
Aug 2012
1 of 1 wells

1 well

42-255324735H12,450 ftAug 2012

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 (168)

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

168 months

May 2026267501106.413.05$29,937
Apr 202631625998.932.87$32,005
Mar 202625220589.753.15$23,263
Feb 202623647563.503.75$16,767
Jan 20261042,98259.138.00$29,999
Dec 2025249656.664.41$1,784
Nov 20253494858.593.93$20,636
Oct 2025461059.383.30$27,374
Sep 2025291062.743.08$18,257
Aug 202538816663.933.01$25,305
Jul 20256001,30666.743.32$44,374
Jun 202545062666.483.13$31,875
May 20259631,07560.553.23$61,784
Apr 202555760362.363.54$36,871
Mar 20251889467.704.27$13,129
Feb 20252481,33570.884.34$23,373
Jan 202547045574.324.28$36,877
Dec 202436713968.993.12$25,753
Nov 2024262969.052.20$18,111
Oct 20242783771.372.28$19,925
Sep 2024246269.612.36$17,129
Aug 2024274075.632.06$20,723
Jul 20241364179.932.15$10,958
Jun 202411716078.082.63$9,557
May 20243108678.812.20$24,620
Apr 20242942884.451.66$24,875
Mar 202438217680.301.55$30,947
Feb 202447727976.091.78$36,793
Jan 20244509573.023.30$33,172
Dec 202357267071.262.61$42,510
Nov 202358175177.892.81$47,363
Oct 202342894685.443.09$39,489
Sep 20233201,37189.042.74$32,243
Aug 202326153280.522.67$22,438
Jul 20232041,74974.852.64$19,890
Jun 202329221068.962.26$20,611
May 2023179070.622.23$12,641
Apr 202318121378.122.24$14,616
Mar 20231785572.852.39$13,099
Feb 20233075.112.47$225
Jan 20232655,82176.533.39$40,000
Dec 20223776,86976.415.73$68,160
Nov 20223144,53485.005.65$52,290
Oct 20224063,82587.185.86$57,824
Sep 20225615,46784.888.16$92,249
Aug 20221,2217,71994.529.13$185,861
Jul 2022195160101.587.54$21,015
Jun 20224134115.097.98$4,990
May 202212447109.378.43$13,958
Apr 2022377762104.226.84$44,501
Mar 20221,0804,306108.885.08$139,449
Feb 20221,0424,59091.054.86$117,176
Jan 20222236,30581.844.54$46,860
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 2018232,10561.782.77$7,244
Jan 201812713,47662.874.01$62,014
Dec 201713114,34957.272.92$49,423
Nov 201711713,34255.423.12$48,089
Oct 201714216,79549.292.98$57,110
Sep 201713015,49947.523.09$54,027
Aug 201710414,38945.373.00$47,949
Jul 20171481,95943.873.09$12,541
Jun 201714152742.493.09$7,618
May 20171272,33545.373.26$13,382
Apr 20171094,64447.933.21$20,139
Mar 20172464,01846.772.98$23,494
Feb 20172613,31450.452.95$22,952
Jan 20171982,67749.413.42$18,935
Dec 20161241,74048.763.72$12,524
Nov 20163014,01142.492.64$23,396
Oct 20162523,61846.193.09$22,820
Sep 20161832,68641.553.10$15,932
Aug 20162531,47141.442.92$14,786
Jul 20162881,57441.622.92$16,589
Jun 20164672,69545.352.69$28,417
May 20164812,21242.521.99$24,856
Apr 20164832,63236.561.99$22,899
Mar 20165005,02533.011.79$25,520
Feb 20169472,70126.472.06$30,641
Jan 20161,2202,20427.352.36$38,578
Dec 20151,8383,88832.362.00$67,259
Nov 20151,8475,14438.792.17$82,794
Oct 20151,7945,10743.552.43$90,521
Sep 20151,1995,53642.992.76$66,816
Aug 20151,4456,68840.162.87$77,242
Jul 20151,6947,29548.152.95$103,050
Jun 20151,7475,95456.152.88$115,259
May 20151,9939,13655.212.96$137,035
Apr 20151,8548,65349.822.71$115,786
Mar 20151,9768,71542.892.93$110,327
Feb 20151,6308,96344.662.98$99,471
Jan 20151,5699,21143.433.10$96,702
Dec 20141,1327,66554.693.59$89,437
Nov 20141,3627,58170.464.25$128,200
Oct 20144,5358,86278.303.90$389,661
Sep 20142,26934686.164.05$196,897
Aug 20143,40239589.394.04$305,699
Jul 20144,12811,26696.564.18$445,687
Jun 20142,2764,86798.164.74$246,467
May 20142,3024,75194.734.73$240,524
Apr 20141,8044,50495.944.81$194,736
Mar 20143,7356,72595.895.06$392,156
Feb 20143,2416,23897.406.19$354,299
Jan 20143,9536,85490.404.86$390,667
Dec 20135,4278,63491.824.35$535,904
Nov 20135,9948,02188.853.74$562,552
Oct 20136,5648,63197.423.78$672,085
Sep 20139,61411,109104.113.72$1,042,214
Aug 201318,23242,148104.253.52$2,049,157
Jul 201321,88052,665102.523.72$2,438,932
Jun 20135,11423,16594.403.93$573,879
May 20134,40516,61794.834.15$486,671
Apr 20135,31218,65193.964.28$578,990
Mar 20137,21623,23793.623.91$766,485
Feb 20137,69322,61891.233.42$779,184
Jan 20139,16325,51391.603.42$926,583
Dec 201213,85139,12086.773.42$1,335,648
Nov 201216,66337,53686.953.62$1,584,914
Oct 201214,53343,81689.383.40$1,447,920
Sep 201228,30659,44594.672.92$2,853,213
Aug 20126,47910,22092.662.91$630,066
Jul 20120085.133.02$0
Jun 20120079.822.52$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           267 bbl  × $106.41 =    $28,411
Gas                  501 Mcf  × $  3.05 =     $1,526

────────────────────────────────────────────────────
Month total                                  $29,937

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/266709 is the state's own key, not one this site invented.