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 288753District 02Field 86950600Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$16.7 M
Aug 2019 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
82
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
NGPA1none
ST-1112020-06-01227126

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
CondensateDisposition218,989 bbl$12,359,513
GasProduction1,471,844 Mcf$4,344,500
Total$16,704,012

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 28.8048, -97.8951. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.80484, -97.89512 · 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
12,720 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 12,720 ft.

Completions filed
Aug 2019
1 of 1 wells

1 well

42-2553641426H12,720 ftAug 2019

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 (82)

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

82 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 202402,57978.082.63$6,793
May 202428,28678.812.20$18,374
Apr 20241708,55184.451.66$28,544
Mar 20244976,66280.301.55$50,203
Feb 20244867,77076.091.78$50,839
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20239439877.892.81$8,439
Oct 20236716,69385.443.09$77,993
Sep 20238228,58589.042.74$96,671
Aug 20237419,13380.522.67$84,077
Jul 20238458,98374.852.64$86,980
Jun 202379111,67368.962.26$80,911
May 20238379,93970.622.23$81,247
Apr 20238827,39678.122.24$85,452
Mar 20239208,21072.852.39$86,670
Feb 20238967,53975.112.47$85,887
Jan 20239328,77676.533.39$101,057
Dec 20228918,24876.415.73$115,335
Nov 20228729,45285.005.65$127,488
Oct 20221,3759,96387.185.86$178,293
Sep 20221,43711,00484.888.16$211,806
Aug 20221,68613,17794.529.13$279,629
Jul 20221,93015,010101.587.54$309,256
Jun 20221,93415,517115.097.98$346,366
May 20221,71210,815109.378.43$278,445
Apr 20221,6638,761104.226.84$233,222
Mar 20221,49910,277108.885.08$215,381
Feb 20221,65811,69991.054.86$207,804
Jan 20221,76813,96481.844.54$208,057
Dec 20211,66014,08871.323.90$173,322
Nov 20211,65016,12877.435.24$212,219
Oct 20211,76315,04479.795.71$226,629
Sep 20212,41814,60969.865.35$247,093
Aug 20212,46715,94366.024.22$230,160
Jul 20212,64318,22570.783.98$259,645
Jun 20212,70517,70069.493.38$247,807
May 20211,88815,03263.483.02$165,212
Apr 20212,36522,73560.362.76$205,464
Mar 20213,15037,95261.302.72$296,208
Feb 20211,30213,05357.805.55$147,673
Jan 20212,93725,31050.412.81$219,182
Dec 20202,99224,64144.642.68$199,489
Nov 20202,47532,85738.772.71$184,886
Oct 20203,50138,69136.972.48$225,325
Sep 20204,59732,19837.091.99$234,610
Aug 20204,20843,29039.982.39$271,487
Jul 20205,73142,95538.371.83$298,297
Jun 20206,57246,45534.901.69$307,886
May 20200016.921.81$0
Apr 20206,14144,76214.751.80$171,347
Mar 20207,44454,32930.341.86$326,698
Feb 20207,83259,04649.881.98$507,611
Jan 202010,16078,43457.252.09$745,959
Dec 201915,04087,30259.012.30$1,088,686
Nov 201919,663101,83255.302.75$1,367,473
Oct 201928,132120,71953.472.42$1,796,182
Sep 201925,852120,38955.052.66$1,743,060
Aug 201913,69059,06553.112.30$863,183

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.

Jun 2024 — as filed, then multipliedworked
Condensate             0 bbl  × $ 78.08 =         $0
Gas                2,579 Mcf  × $  2.63 =     $6,793

────────────────────────────────────────────────────
Month total                                   $6,793

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/288753 is the state's own key, not one this site invented.