KELLY, JOE ET AL

Operated by DEVON ENERGY PRODUCTION CO, L.P. (P-5 216378) in the NEEDVILLE, NORTH (YEGUA EY-2) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 180004District 03Field 64795687CondensateGasSave
Value, all time
$14.4 M
Oct 2000 – Aug 2004
Value, last 12 filed months
$320 k
at the published price for each month
Months reported
47
no gaps in the span
Streams
2
condensate, gas

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
CondensateDisposition95,717 bbl$2,291,925
GasProduction2,893,230 Mcf$12,083,190
Total$14,375,115

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 29.4251, -95.8710. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.42509, -95.87101 · 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
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
9,492 ft
1 wells filed one
Completion to plug
3.8 years
median over 1 wells

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
NeitherNo plug date, and not on the schedule.
00.0%

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 9,492 ft.

Completions filed
Oct 2000
1 of 1 wells
Plug dates filed
Aug 2004
1 of 1 wells

Last completion to plug: a median of 3.8 years across the 1 well that filed both dates, with the middle half between 3.8 years and 3.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-1573210919,492 ftOct 2000Aug 2004Yes

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 (47)

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

47 months

Aug 2004142042.375.55$6,017
Jul 20040038.286.08$0
Jun 20040536.106.43$32
May 20040037.486.49$0
Apr 200401134.475.86$64
Mar 2004011834.365.53$653
Feb 200409132.455.51$501
Jan 20040732.036.30$44
Dec 20031841,07930.266.30$12,367
Nov 200314016,82628.804.60$81,350
Oct 200333920,95228.174.76$109,274
Sep 200336121,12926.314.75$109,847
Aug 200335524,03929.765.13$133,878
Jul 200335726,37529.415.17$146,880
Jun 200353424,85028.565.98$163,928
May 200354634,25026.595.97$219,082
Apr 200371734,74726.675.41$207,009
Mar 200355036,66431.146.10$240,632
Feb 200354638,05133.487.93$319,868
Jan 20031,09542,96230.315.58$273,005
Dec 200256548,21526.914.85$249,228
Nov 20021,09550,64624.664.14$236,523
Oct 20021,46055,07026.464.23$271,529
Sep 200292057,97227.443.64$235,985
Aug 20021,62564,72325.963.16$246,979
Jul 20021,43472,65224.583.06$257,691
Jun 20021,61981,63123.733.34$310,923
May 20022,16697,87324.663.58$404,190
Apr 20022,704109,91623.653.51$450,010
Mar 20023,275112,07722.003.10$419,794
Feb 20023,635102,33518.222.38$309,345
Jan 20024,215115,85817.172.38$347,613
Dec 20014,580117,14216.932.36$354,510
Nov 20014,160109,72818.072.41$339,124
Oct 20014,677122,74419.782.53$402,916
Sep 20014,823119,03224.262.25$384,985
Aug 20015,502124,18224.873.05$515,982
Jul 20015,102122,02423.933.20$512,211
Jun 20015,235120,01024.563.82$587,509
May 20015,614125,64325.524.31$684,454
Apr 20015,133125,77724.685.34$797,743
Mar 20015,080124,68224.545.38$795,008
Feb 20014,697112,25327.755.77$777,714
Jan 20015,071121,97027.478.40$1,163,697
Dec 20003,80878,18626.889.12$815,611
Nov 200071642,67232.215.66$264,501
Oct 200094036,06131.235.15$214,908

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.

Aug 2004 — as filed, then multipliedworked
Condensate           142 bbl  × $ 42.37 =     $6,017
Gas                    0 Mcf  × $  5.55 =         $0

────────────────────────────────────────────────────
Month total                                   $6,017

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. 03/G/180004 is the state's own key, not one this site invented.