DEVON FEE

Operated by LUMINANT MINING COMPANY LLC (P-5 512777) in the BALD PRAIRIE (CV CONSOLIDATED) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 214164District 05Field 05189550Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.3 M
May 2005 – Oct 2009
Value, last 12 filed months
$119
at the published price for each month
Months reported
54
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 868 leases and 868 wells, and the rule below applies to all of them.

Discovered
2001-02-22
as the register files it
Field class
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 20 acres. The field rule took effect on 2011-03-08.

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: PER DOCKET 05-0268631 EFFECTIVE 03/08/2011, AMENDED RULE 2 TO

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 Gas112006-03-21164956
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
CondensateDisposition85 bbl$4,676
GasProduction151,470 Mcf$1,254,603
Total$1,259,279

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 31.2835, -96.4815. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.28350, -96.48146 · 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
11,030 ft
1 wells filed one
Completion to plug
3.8 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 11,030 ft.

Completions filed
May 2005
1 of 1 wells
Plug dates filed
Feb 2009
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

42-29331654111,030 ftMay 2005Feb 2009Yes

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 (54)

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

54 months

Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20093032.814.63$98
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080355.496.86$21
Oct 2008024475.246.92$1,689
Sep 2008069101.767.88$544
Aug 2008033114.228.48$280
Jul 2008018131.0811.39$205
Jun 200805131.3313.03$65
May 2008046123.1711.57$532
Apr 2008017110.3110.45$178
Mar 2008049101.909.66$474
Feb 2008020192.538.77$1,763
Jan 2008110990.388.21$985
Dec 2007022788.337.30$1,658
Nov 2007354891.677.29$4,271
Oct 200701,86582.856.92$12,909
Sep 200702,85375.846.24$17,815
Aug 200703,27469.066.39$20,914
Jul 200723,09970.906.39$19,938
Jun 200723,04262.007.55$23,086
May 200703,58058.747.85$28,090
Apr 200702,85159.617.81$22,253
Mar 200703,91056.927.30$28,551
Feb 200703,21855.108.22$26,439
Jan 200703,81750.306.73$25,676
Dec 200604,37856.656.92$30,289
Nov 200604,43354.207.62$33,768
Oct 200604,33854.906.01$26,088
Sep 200604,38960.085.04$22,108
Aug 200603,84068.717.34$28,185
Jul 200604,64369.376.34$29,449
Jun 200604,43466.286.38$28,306
May 200603,48966.016.42$22,417
Apr 200605,03464.397.36$37,053
Mar 200645,62556.707.08$40,068
Feb 200635,01957.597.75$39,076
Jan 200606,09260.598.93$54,422
Dec 2005117,33554.9413.42$99,006
Nov 200506,72954.6910.59$71,249
Oct 200537,13758.3413.80$98,635
Sep 200547,04561.4512.08$85,342
Aug 200557,66861.519.80$75,430
Jul 2005169,46155.697.84$75,100
Jun 2005811,57252.337.38$85,832
May 2005205,73145.226.65$39,022

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.

Feb 2009 — as filed, then multipliedworked
Condensate             3 bbl  × $ 32.81 =        $98
Gas                    0 Mcf  × $  4.63 =         $0

────────────────────────────────────────────────────
Month total                                      $98

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. 05/G/214164 is the state's own key, not one this site invented.