LOVE UNIT

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

Gas lease lease 286233District 02Field 869503002 tax incentive programmesCondensateGasSaveExport
Value, all time
$11.6 M
Aug 2018 – May 2026
Value, last 12 filed months
$439 k
at the published price for each month
Months reported
94
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 527 leases and 806 wells, and the rule below applies to all of them.

Discovered
2006-09-07
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 2016-01-12.

The Commission's schedule remark for this field reads: INTO SUGARKANE (AUSTIN CHALK) EFF. 11/07/17.

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
NGPA1none
ST-1112020-02-11225025

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
CondensateDisposition151,576 bbl$9,187,459
GasProduction736,563 Mcf$2,441,540
Total$11,629,000

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 28.8461, -97.9077. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.84613, -97.90771 · 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
12,429 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 12,429 ft.

Completions filed
Aug 2018
1 of 1 wells

1 well

42-2553586418H12,429 ftAug 2018

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 (94)

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

94 months

May 2026236415106.413.05$26,377
Apr 202638533198.932.87$39,038
Mar 202639912489.753.15$36,201
Feb 202631337463.503.75$21,278
Jan 202623339659.138.00$16,944
Dec 20251411,11656.664.41$12,914
Nov 202532065358.593.93$21,313
Oct 202550180659.383.30$32,413
Sep 20256621,59162.743.08$46,429
Aug 202555063.933.01$3,516
Jul 20258711,49166.743.32$63,074
Jun 20251,6443,20966.483.13$119,333
May 20254,0686,52360.553.23$267,402
Apr 20255,1298,27362.363.54$349,157
Mar 202510067.704.27$677
Feb 202549892670.884.34$39,318
Jan 202556933474.324.28$43,717
Dec 202447010468.993.12$32,750
Nov 20243481269.052.20$24,056
Oct 202437831871.372.28$27,703
Sep 202434959569.612.36$25,701
Aug 202449294675.632.06$39,162
Jul 202441979079.932.15$35,186
Jun 20243751,39878.082.63$32,962
May 20241,1611,16378.812.20$94,055
Apr 202496044884.451.66$81,815
Mar 20241,3391,38780.301.55$109,665
Feb 20245811,15976.091.78$46,276
Jan 202460193373.023.30$46,962
Dec 20236301,33371.262.61$48,374
Nov 20235201,30277.892.81$44,158
Oct 202349593685.443.09$45,182
Sep 20234151,52589.042.74$41,123
Aug 202327641480.522.67$23,330
Jul 20231074.852.64$75
Jun 20231332668.962.26$9,230
May 2023176070.622.23$12,429
Apr 202345418978.122.24$35,889
Mar 202384213072.852.39$61,651
Feb 20231,0261,57375.112.47$80,941
Jan 2023878076.533.39$67,193
Dec 20228261,26676.415.73$70,368
Nov 20227235,85285.005.65$94,497
Oct 20221,2397,93887.185.86$154,563
Sep 20221,6227,49084.888.16$198,821
Aug 20222,0688,44894.529.13$272,574
Jul 20222,5014,007101.587.54$284,273
Jun 20222,4684,066115.097.98$316,477
May 2022344881109.378.43$45,053
Apr 20223811,792104.226.84$51,961
Mar 20228834,714108.885.08$120,071
Feb 20227945,12991.054.86$97,215
Jan 20221,0665,06281.844.54$110,211
Dec 20211,0905,45971.323.90$99,024
Nov 20218955,20477.435.24$96,552
Oct 20211,0944,85379.795.71$115,020
Sep 20211,0835,75869.865.35$106,469
Aug 20211,1185,13266.024.22$95,470
Jul 20211,2265,60470.783.98$109,092
Jun 20211,0115,55269.493.38$89,024
May 20211,1455,07363.483.02$87,993
Apr 20211,1104,52360.362.76$79,476
Mar 20211,4205,89361.302.72$103,057
Feb 20211,0535,29457.805.55$90,234
Jan 20211,4836,20550.412.81$92,196
Dec 20201,7327,61644.642.68$97,693
Nov 20201,7157,84638.772.71$87,726
Oct 20201,9018,18436.972.48$90,563
Sep 20201,2756,19037.091.99$59,614
Aug 20201,3747,13239.982.39$71,943
Jul 20201,5246,88538.371.83$71,042
Jun 20201,3187,76534.901.69$59,123
May 20201,8938,27416.921.81$47,045
Apr 20202,0357,70114.751.80$43,912
Mar 20201,9779,80930.341.86$78,190
Feb 20201,9069,09149.881.98$113,078
Jan 20202,96614,01057.252.09$199,151
Dec 20195,42026,29859.012.30$380,434
Nov 20193,70418,29355.302.75$255,150
Oct 20192,32018,20553.472.42$168,080
Sep 20192,67620,13355.052.66$200,813
Aug 20192,53720,43653.112.30$181,832
Jul 20192,65322,59956.272.46$204,879
Jun 20192,56820,64452.782.49$186,967
May 20193,03221,21158.482.74$235,436
Apr 20193,43126,60962.632.75$288,077
Mar 20194,12221,87956.803.06$301,125
Feb 20195,46922,53350.852.79$341,016
Jan 20195,06342,91046.033.23$371,571
Dec 20187,59754,26946.594.19$581,084
Nov 20183,04027,49252.934.24$277,397
Oct 20184,88353,66861.443.40$482,380
Sep 201810,13842,83459.543.11$736,745
Aug 20183,31111,60959.403.07$232,273

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           236 bbl  × $106.41 =    $25,113
Gas                  415 Mcf  × $  3.05 =     $1,264

────────────────────────────────────────────────────
Month total                                  $26,377

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/286233 is the state's own key, not one this site invented.