BAER

Operated by DEVON ENERGY PRODUCTION CO, L.P. (P-5 216378) in the SILVERSPOON (TEX SA1 SAND) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 216639District 03Field 836628002 tax incentive programmesCondensateGasSaveExport
Value, all time
$54.3 M
Apr 2006 – May 2015
Value, last 12 filed months
$0
at the published price for each month
Months reported
110
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 9 leases and 9 wells, and the rule below applies to all of them.

Discovered
2005-07-28
as the register files it
Field class
Gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2006-05-16.

The Commission's schedule remark for this field reads: ADOPTED TWO PART ALLOCATION FORMULA WHICH IS SUSPENDED.

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 Gas112008-02-27180864
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
CondensateDisposition81,167 bbl$5,993,953
GasProduction7,555,384 Mcf$48,286,207
Total$54,280,161

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 28.7808, -95.8904. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.78075, -95.89036 · 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
16,100 ft
1 wells filed one
Completion to plug
8.3 years
median over 1 well

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 16,100 ft.

Completions filed
Apr 2006
1 of 1 wells
Plug dates filed
Aug 2014
1 of 1 wells

Last completion to plug: a median of 8.3 years across the 1 well that filed both dates, with the middle half between 8.3 years and 8.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-32132097116,100 ftApr 2006Aug 2014Yes

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 (110)

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

110 months

May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 2013161094.834.15$15,268
Apr 201303193.964.28$133
Mar 20130093.623.91$0
Feb 2013011,77791.233.42$40,276
Jan 201352835,02991.603.42$168,161
Dec 201218135,09786.773.42$135,743
Nov 201252936,17386.953.62$177,122
Oct 201234839,06089.383.40$163,896
Sep 201216828,94994.672.92$100,389
Aug 201235331,65592.662.91$124,767
Jul 201235034,01685.133.02$132,551
Jun 201217323,84779.822.52$73,880
May 201235125,87291.612.49$96,533
Apr 201232136,748101.652.00$106,008
Mar 201237535,444105.052.22$118,153
Feb 201219734,235101.102.57$107,909
Jan 201239236,35698.092.73$137,851
Dec 201139139,22196.873.24$164,942
Nov 201158637,29895.723.31$179,596
Oct 201138942,46084.983.65$187,974
Sep 201138843,21383.623.99$204,683
Aug 201157741,15583.404.15$218,887
Jul 201138543,49494.144.52$232,717
Jun 201157642,14392.904.64$249,049
May 201138736,65398.134.40$199,426
Apr 201138636,101105.964.33$197,336
Mar 201138835,92696.364.06$183,152
Feb 201119334,17985.644.18$159,396
Jan 201178037,46686.504.59$239,393
Dec 201018238,79485.734.35$184,269
Nov 201037040,29080.843.80$182,825
Oct 201055242,27278.103.51$191,439
Sep 201054545,93972.633.98$222,396
Aug 201054546,68673.684.42$246,478
Jul 201054849,90672.554.74$276,137
Jun 201036548,22570.364.91$262,485
May 201054851,40571.124.24$256,685
Apr 201054351,39181.694.12$256,227
Mar 201054653,04178.394.39$275,580
Feb 201054848,76773.585.44$305,729
Jan 201073155,18074.365.96$383,456
Dec 200955358,68571.445.48$361,320
Nov 200973158,49374.593.75$273,962
Oct 200954762,91772.544.11$298,284
Sep 200990963,07065.543.06$252,870
Aug 200954367,44867.423.22$253,690
Jul 200983268,77161.133.46$289,117
Jun 200954368,98266.163.90$304,610
May 200990873,81354.743.93$339,475
Apr 200972473,83446.773.59$298,741
Mar 200990178,58142.144.06$356,928
Feb 200992374,14032.814.63$373,774
Jan 200993582,01835.865.37$474,048
Dec 200894686,40737.105.98$551,563
Nov 200893574,48155.496.86$562,850
Oct 20081,12592,61175.246.92$725,696
Sep 200890582,707101.767.88$743,583
Aug 20081,12095,195114.228.48$935,467
Jul 20081,122100,003131.0811.39$1,286,049
Jun 20081,300100,449131.3313.03$1,479,844
May 20081,118107,253123.1711.57$1,379,081
Apr 20081,307106,314110.3110.45$1,255,673
Mar 20081,509115,110101.909.66$1,266,198
Feb 20081,499112,39292.538.77$1,124,446
Jan 20081,493124,03890.388.21$1,152,760
Dec 20071,488131,12888.337.30$1,088,928
Nov 20071,679134,81391.677.29$1,136,930
Oct 20071,846141,83282.856.92$1,134,699
Sep 20071,667143,74775.846.24$1,024,005
Aug 20071,670156,05269.066.39$1,112,181
Jul 20072,207169,34070.906.39$1,238,210
Jun 20071,851177,24362.007.55$1,452,672
May 20072,052195,28358.747.85$1,652,780
Apr 20072,063203,63259.617.81$1,712,364
Mar 20072,430226,62656.927.30$1,793,132
Feb 20072,412223,72755.108.22$1,971,042
Jan 20072,206276,12750.306.73$1,968,427
Dec 20062,556314,47156.656.92$2,320,446
Nov 20062,936313,28454.207.62$2,545,566
Oct 20061,672170,52554.906.01$1,117,296
Sep 20061,841185,81960.085.04$1,046,615
Aug 20062,024171,30668.717.34$1,396,441
Jul 20062,182197,20469.376.34$1,402,183
Jun 20062,359212,12966.286.38$1,510,561
May 20062,722230,40366.016.42$1,660,019
Apr 2006067,48764.397.36$496,737

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 2013 — as filed, then multipliedworked
Condensate           161 bbl  × $ 94.83 =    $15,268
Gas                    0 Mcf  × $  4.15 =         $0

────────────────────────────────────────────────────
Month total                                  $15,268

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/216639 is the state's own key, not one this site invented.