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 268795District 02Field 86950600Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$34.9 M
Dec 2012 – May 2026
Value, last 12 filed months
$3.2 M
at the published price for each month
Months reported
162
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 Gas112014-06-18213230
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
CondensateDisposition345,357 bbl$25,962,450
GasProduction2,659,001 Mcf$8,945,877
Total$34,908,327

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 28.8043, -97.8962. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.80430, -97.89620 · 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
12,955 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 12,955 ft.

Completions filed
Jan 2024
1 of 1 wells

1 well

42-255325283H12,955 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 (162)

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

162 months

May 20262,09917,148106.413.05$275,585
Apr 20262,03217,81798.932.87$252,156
Mar 20263,35626,85089.753.15$385,763
Feb 20263,04822,92463.503.75$279,520
Jan 20262,81422,69259.138.00$347,881
Dec 20252,60524,64356.664.41$256,358
Nov 20252,90526,59058.593.93$274,608
Oct 20252,30327,80659.383.30$228,647
Sep 20252,29928,07162.743.08$230,611
Aug 20252,20432,24363.933.01$238,107
Jul 20252,13828,17066.743.32$236,079
Jun 20252,10328,21766.483.13$228,091
May 20252,45231,01660.553.23$248,722
Apr 20251,94428,79662.363.54$223,256
Mar 20252,74728,46067.704.27$307,448
Feb 20252,47930,29770.884.34$307,226
Jan 20252,22534,71574.324.28$313,896
Dec 20242,33426,99768.993.12$245,290
Nov 20242,78927,35969.052.20$252,728
Oct 20241,89023,68971.372.28$188,933
Sep 20242,15736,58569.612.36$236,649
Aug 20242,65446,72575.632.06$297,145
Jul 20243,90945,54779.932.15$410,217
Jun 20243,72138,13178.082.63$390,972
May 20243,75347,69278.812.20$400,622
Apr 20245,03657,67384.451.66$520,981
Mar 20245,48256,13980.301.55$526,947
Feb 20248,47166,47276.091.78$763,121
Jan 20245,92446,27473.023.30$585,166
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 2023032876.533.39$1,111
Dec 2022033276.415.73$1,902
Nov 2022031985.005.65$1,801
Oct 20222367287.185.86$5,946
Sep 2022621,70184.888.16$19,149
Aug 2022681,80594.529.13$22,902
Jul 2022661,808101.587.54$20,340
Jun 2022601,628115.097.98$19,892
May 202227780109.378.43$9,531
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20217531,35371.323.90$58,979
Nov 20218391,45577.435.24$72,583
Oct 20218601,12179.795.71$75,025
Sep 20216196869.865.35$43,607
Aug 202168874266.024.22$48,553
Jul 20218101,40470.783.98$62,923
Jun 2021831,32469.493.38$10,244
May 2021651,26963.483.02$7,956
Apr 202117948660.362.76$12,145
Mar 20211922161.302.72$11,827
Feb 2021891057.805.55$5,200
Jan 202120910550.412.81$10,831
Dec 202019528444.642.68$9,465
Nov 202012788738.772.71$7,325
Oct 2020911,79936.972.48$7,823
Sep 20202721,74337.091.99$13,559
Aug 20201292,58839.982.39$11,330
Jul 20202693,07238.371.83$15,928
Jun 20203913,30034.901.69$19,224
May 20200016.921.81$0
Apr 20203393,14814.751.80$10,680
Mar 20206024,78530.341.86$27,147
Feb 20201,5798,72449.881.98$96,040
Jan 20201,7309,70557.252.09$119,372
Dec 20191,6789,76059.012.30$121,509
Nov 20191,63012,40555.302.75$124,261
Oct 20192,46921,40853.472.42$183,794
Sep 20192,51123,18855.052.66$199,848
Aug 20191033,92353.112.30$14,510
Jul 20190056.272.46$0
Jun 20191052.782.49$53
May 20192131758.482.74$2,097
Apr 20192417,65462.632.75$36,148
Mar 20191,0826,99656.803.06$82,880
Feb 20191,0076,97150.852.79$70,671
Jan 20191,13814,20346.033.23$98,232
Dec 20182,00816,67446.594.19$163,341
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 2018123059.403.07$7,306
Jul 20181633065.142.93$10,706
Jun 20185917,80860.183.08$59,591
May 20183592,86965.382.90$31,794
Apr 20181,0507,77563.842.90$89,586
Mar 20181,3199,09561.222.79$106,095
Feb 20189619,06161.782.77$84,434
Jan 20181,3767,97362.874.01$118,475
Dec 20171,2696,67257.272.92$92,168
Nov 20178616,93755.423.12$69,349
Oct 20171,4189,30649.292.98$97,659
Sep 20171,26410,42347.523.09$92,244
Aug 20171,3639,38045.373.00$90,021
Jul 20171,31913,55543.873.09$99,713
Jun 201798511,27442.493.09$76,659
May 20171,11410,84545.373.26$85,934
Apr 20171,40910,08447.933.21$99,919
Mar 20171,35411,26446.772.98$96,935
Feb 20171,26211,03950.452.95$96,262
Jan 20171,3179,83249.413.42$98,687
Dec 20161,91318,54848.763.72$162,329
Nov 20161,48710,66842.492.64$91,393
Oct 20161,33314,07746.193.09$105,073
Sep 20161,53819,34141.553.10$123,873
Aug 20161,61517,91541.442.92$119,315
Jul 20161,55816,05741.622.92$111,800
Jun 20161,80012,55145.352.69$115,340
May 20161,51515,00242.521.99$94,287
Apr 20162,16512,92936.561.99$104,895
Mar 20162,17713,51533.011.79$96,109
Feb 20162,55411,59126.472.06$91,524
Jan 20162,41811,16627.352.36$92,533
Dec 20152,63710,93732.362.00$107,223
Nov 20152,37614,81938.792.17$124,283
Oct 20152,82217,23843.552.43$164,727
Sep 20152,67515,89542.992.76$158,843
Aug 20152,91115,39540.162.87$161,128
Jul 20152,91819,16848.152.95$196,953
Jun 20153,08518,49956.152.88$226,553
May 20153,30522,38755.212.96$248,633
Apr 20153,32720,90549.822.71$222,332
Mar 20151,3128,20942.892.93$80,363
Feb 20151,85512,46444.662.98$119,940
Jan 20153,78922,38843.433.10$233,973
Dec 20143,51618,11354.693.59$257,340
Nov 20143,37928,94970.464.25$361,171
Oct 20144,13441,62978.303.90$486,085
Sep 20143,60547,88186.164.05$504,307
Aug 20143,86148,97689.394.04$542,759
Jul 20144,58126,99196.564.18$555,153
Jun 20144,85826,60898.164.74$602,900
May 20146,31632,10094.734.73$750,037
Apr 20145,33029,16195.944.81$651,599
Mar 20147,33541,70095.895.06$914,222
Feb 20146,71439,65897.406.19$899,506
Jan 20147,58043,31290.404.86$895,760
Dec 20138,40549,06691.824.35$985,404
Nov 201310,13566,06888.853.74$1,147,475
Oct 201312,40572,34397.423.78$1,481,905
Sep 20135,28232,098104.113.72$669,241
Aug 201313,12779,988104.253.52$1,650,256
Jul 201315,75688,546102.523.72$1,944,496
Jun 201318,327104,50194.403.93$2,141,114
May 20139,57146,42494.834.15$1,100,235
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$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         2,099 bbl  × $106.41 =   $223,355
Gas               17,148 Mcf  × $  3.05 =    $52,230

────────────────────────────────────────────────────
Month total                                 $275,585

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/268795 is the state's own key, not one this site invented.