DAVIS HEIRS

Operated by ETX ENERGY, LLC (P-5 255141) in the HALLIDAY (WOODBINE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 24314District 03Field 38274666OilCasinghead gasSaveExport
Value, all time
$2.6 M
Nov 2002 – Apr 2018
Value, last 12 filed months
$0
at the published price for each month
Months reported
186
no gaps in the span
Streams
2
oil, casinghead 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 186 leases and 416 wells, and the rule below applies to all of them.

Discovered
1964-05-02
as the register files it
Field class
Oil
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 2010-12-14.

The Commission's schedule remark for this field reads: NOT GO TO 160 , ALLOCATION FORMULA REMAINS 100% WELL

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
OilDisposition40,521 bbl$2,319,155
Casinghead gasProduction47,313 Mcf$301,134
Total$2,620,289

Every month this lease reported (186)

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

186 months

Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 201639041.442.92$1,616
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
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 20141094.734.73$95
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 20131460102.523.72$14,968
Jun 2013189094.403.93$17,842
May 2013189094.834.15$17,923
Apr 2013190093.964.28$17,852
Mar 2013283093.623.91$26,494
Feb 20130091.233.42$0
Jan 201317725491.603.42$17,082
Dec 2012025486.773.42$869
Nov 201217025486.953.62$15,702
Oct 2012025489.383.40$864
Sep 201217025494.672.92$16,835
Aug 201216925492.662.91$16,398
Jul 201216725485.133.02$14,984
Jun 201217025479.822.52$14,209
May 2012175091.612.49$16,032
Apr 2012170254101.652.00$17,788
Mar 2012173254105.052.22$18,738
Feb 2012183254101.102.57$19,154
Jan 201219325498.092.73$19,626
Dec 201119425496.873.24$19,616
Nov 201119225495.723.31$19,219
Oct 201136825484.983.65$32,199
Sep 201119125483.623.99$16,984
Aug 201138025483.404.15$32,746
Jul 2011025494.144.52$1,147
Jun 201119025492.904.64$18,830
May 201138425498.134.40$38,801
Apr 20110254105.964.33$1,101
Mar 201119225496.364.06$19,532
Feb 2011025485.644.18$1,062
Jan 201119325486.504.59$17,860
Dec 201038125485.734.35$33,767
Nov 201019325480.843.80$16,566
Oct 201019325478.103.51$15,965
Sep 201019025472.633.98$14,810
Aug 201019025473.684.42$15,122
Jul 201019325472.554.74$15,205
Jun 201019025470.364.91$14,616
May 201019225471.124.24$14,731
Apr 201019025481.694.12$16,568
Mar 201019025478.394.39$16,009
Feb 201033525473.585.44$26,032
Jan 201016925474.365.96$14,082
Dec 200917225471.445.48$13,681
Nov 200917125474.593.75$13,708
Oct 200917325472.544.11$13,593
Sep 200917325465.543.06$12,117
Aug 200916825467.423.22$12,144
Jul 200934425461.133.46$21,909
Jun 200916925466.163.90$12,170
May 200934125454.743.93$19,663
Apr 200917125446.773.59$8,909
Mar 200934525442.144.06$15,569
Feb 200954525432.814.63$19,058
Jan 2009025435.865.37$1,364
Dec 200835225437.105.98$14,577
Nov 200835125455.496.86$21,220
Oct 200834725475.246.92$27,866
Sep 2008176254101.767.88$19,911
Aug 2008178254114.228.48$22,486
Jul 2008507254131.0811.39$69,350
Jun 20080254131.3313.03$3,310
May 2008359254123.1711.57$47,158
Apr 2008349254110.3110.45$41,154
Mar 2008343254101.909.66$37,406
Feb 2008025492.538.77$2,228
Jan 200832025490.388.21$31,006
Dec 200752525488.337.30$48,228
Nov 2007025491.677.29$1,852
Oct 200734325482.856.92$30,176
Sep 2007025475.846.24$1,586
Aug 200734525469.066.39$25,448
Jul 200735325470.906.39$26,650
Jun 200734025462.007.55$22,997
May 2007125458.747.85$2,052
Apr 200734025459.617.81$22,250
Mar 200735425456.927.30$22,004
Feb 200734625455.108.22$21,151
Jan 200734525450.306.73$19,062
Dec 200634125456.656.92$21,075
Nov 200635325454.207.62$21,067
Oct 200635325454.906.01$20,907
Sep 2006025460.085.04$1,279
Aug 200634325468.717.34$25,432
Jul 200634925469.376.34$25,821
Jun 200635225466.286.38$24,952
May 200635125466.016.42$24,801
Apr 200634184064.397.36$28,140
Mar 200635225456.707.08$21,757
Feb 200634131757.597.75$22,095
Jan 200634638260.598.93$24,377
Dec 200535684054.9413.42$30,828
Nov 200535984054.6910.59$28,528
Oct 200535184058.3413.80$32,066
Sep 200534784061.4512.08$31,470
Aug 200534784061.519.80$29,573
Jul 200535484055.697.84$26,303
Jun 200534584052.337.38$24,254
May 200534684045.226.65$21,233
Apr 200570284049.207.36$40,721
Mar 2005084050.377.15$6,010
Feb 200552184045.226.31$28,862
Jan 200534784043.166.32$20,287
Dec 2004347039.866.75$13,831
Nov 2004344045.286.33$15,576
Oct 200434584049.706.52$22,619
Sep 200451584043.245.28$26,707
Aug 200451284042.375.55$26,356
Jul 200434684038.286.08$18,356
Jun 200434684036.106.43$17,894
May 200469084037.486.49$31,317
Apr 200434284034.475.86$16,710
Mar 200485684034.365.53$34,057
Feb 2004084032.455.51$4,628
Jan 200485284032.036.30$32,581
Dec 200368084030.266.30$25,870
Nov 200334084028.804.60$13,652
Oct 200336984028.174.76$14,393
Sep 200372084026.314.75$22,933
Aug 200337584029.765.13$15,469
Jul 200374884029.415.17$26,342
Jun 20031,11684028.565.98$36,899
May 200336084026.595.97$14,589
Apr 2003749026.675.41$19,976
Mar 20031,078031.146.10$33,569
Feb 2003725033.487.93$24,273
Jan 2003935030.315.58$28,340
Dec 20021,444026.914.85$38,858
Nov 20020024.664.14$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.

Aug 2016 — as filed, then multipliedworked
Oil                   39 bbl  × $ 41.44 =     $1,616
Casinghead gas         0 Mcf  × $  2.92 =         $0

────────────────────────────────────────────────────
Month total                                   $1,616

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/O/24314 is the state's own key, not one this site invented.