DENNARD UNIT

Name: DENNARD UNIT lease production and value, Mar 1999 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

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

Gas lease lease 172560District 06Field 160321742 tax incentive programmesCondensateGasSave Export

Value, all time

$2.3 M

Mar 1999 – Jan 2009

Value, last 12 filed months

$5 k

at the published price for each month

Months reported

119

no gaps in the span

Streams

condensate, gas

The CARTHAGE (COTTON VALLEY) field

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 4,104 leases and 4,104 wells, and the rule below applies to all of them.

Discovered

1968-05-01

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 40 acres. The field rule took effect on 2011-02-08.

The Commission's schedule remark for this field reads: “FIELD. EFFECTIVE 4/12/16.”

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.

Programme	Filings	With an approval date	Dated	Docket
High Cost Gas	1	1	1999-06-03	140351
NGPA	1	none	—	—

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.

Stream	Basis	Volume	Value
Condensate	Disposition	7,516 bbl	$193,117
Gas	Production	496,673 Mcf	$2,057,504
Total			$2,250,622

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 32.1419, -94.2730. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.14190, -94.27304 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

9,650 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 9,650 ft.

Completions filed

Mar 2005

1 of 1 wells

Plug dates filed

Jan 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


42-36534094	10 L	9,650 ft	Mar 2005	Jan 2009	Yes

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 (119)

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

119 months


Jan 2009	0	0	35.86	5.37	$0
Dec 2008	0	0	37.10	5.98	$0
Nov 2008	0	0	55.49	6.86	$0
Oct 2008	0	0	75.24	6.92	$0
Sep 2008	0	0	101.76	7.88	$0
Aug 2008	0	99	114.22	8.48	$840
Jul 2008	0	98	131.08	11.39	$1,116
Jun 2008	0	41	131.33	13.03	$534
May 2008	0	39	123.17	11.57	$451
Apr 2008	0	82	110.31	10.45	$857
Mar 2008	0	74	101.90	9.66	$715
Feb 2008	0	103	92.53	8.77	$903
Jan 2008	0	164	90.38	8.21	$1,346
Dec 2007	0	102	88.33	7.30	$745
Nov 2007	0	143	91.67	7.29	$1,043
Oct 2007	0	114	82.85	6.92	$789
Sep 2007	0	93	75.84	6.24	$581
Aug 2007	0	58	69.06	6.39	$371
Jul 2007	0	118	70.90	6.39	$754
Jun 2007	2	165	62.00	7.55	$1,369
May 2007	9	170	58.74	7.85	$1,863
Apr 2007	23	239	59.61	7.81	$3,236
Mar 2007	11	345	56.92	7.30	$3,145
Feb 2007	6	428	55.10	8.22	$3,847
Jan 2007	7	489	50.30	6.73	$3,642
Dec 2006	9	397	56.65	6.92	$3,256
Nov 2006	8	396	54.20	7.62	$3,450
Oct 2006	7	321	54.90	6.01	$2,315
Sep 2006	4	108	60.08	5.04	$784
Aug 2006	10	259	68.71	7.34	$2,588
Jul 2006	10	253	69.37	6.34	$2,298
Jun 2006	4	280	66.28	6.38	$2,053
May 2006	10	191	66.01	6.42	$1,887
Apr 2006	4	167	64.39	7.36	$1,487
Mar 2006	16	294	56.70	7.08	$2,990
Feb 2006	5	277	57.59	7.75	$2,435
Jan 2006	6	328	60.59	8.93	$3,294
Dec 2005	6	475	54.94	13.42	$6,702
Nov 2005	11	542	54.69	10.59	$6,341
Oct 2005	21	683	58.34	13.80	$10,648
Sep 2005	27	753	61.45	12.08	$10,755
Aug 2005	33	854	61.51	9.80	$10,396
Jul 2005	27	846	55.69	7.84	$8,139
Jun 2005	77	7,558	52.33	7.38	$59,815
May 2005	86	3,999	45.22	6.65	$30,487
Apr 2005	0	805	49.20	7.36	$5,925
Mar 2005	0	3,359	50.37	7.15	$24,033
Feb 2005	0	3,684	45.22	6.31	$23,253
Jan 2005	0	1,163	43.16	6.32	$7,353
Dec 2004	0	935	39.86	6.75	$6,312
Nov 2004	0	1,565	45.28	6.33	$9,907
Oct 2004	0	4,030	49.70	6.52	$26,256
Sep 2004	0	3,864	43.24	5.28	$20,417
Aug 2004	0	4,183	42.37	5.55	$23,218
Jul 2004	0	4,751	38.28	6.08	$28,906
Jun 2004	0	4,135	36.10	6.43	$26,601
May 2004	0	4,657	37.48	6.49	$30,245
Apr 2004	12	4,491	34.47	5.86	$26,724
Mar 2004	96	5,171	34.36	5.53	$31,895
Feb 2004	211	5,211	32.45	5.51	$35,558
Jan 2004	226	5,138	32.03	6.30	$39,606
Dec 2003	234	5,584	30.26	6.30	$42,269
Nov 2003	270	5,673	28.80	4.60	$33,844
Oct 2003	278	5,505	28.17	4.76	$34,033
Sep 2003	222	6,440	26.31	4.75	$36,427
Aug 2003	109	6,831	29.76	5.13	$38,285
Jul 2003	114	6,971	29.41	5.17	$39,399
Jun 2003	114	6,738	28.56	5.98	$43,569
May 2003	77	6,084	26.59	5.97	$38,385
Apr 2003	48	2,101	26.67	5.41	$12,641
Mar 2003	25	6,283	31.14	6.10	$39,080
Feb 2003	12	4,317	33.48	7.93	$34,618
Jan 2003	10	20	30.31	5.58	$415
Dec 2002	28	6,639	26.91	4.85	$32,978
Nov 2002	24	6,537	24.66	4.14	$27,635
Oct 2002	16	5,594	26.46	4.23	$24,081
Sep 2002	18	6,433	27.44	3.64	$23,879
Aug 2002	19	8,151	25.96	3.16	$26,284
Jul 2002	21	7,597	24.58	3.06	$23,776
Jun 2002	29	6,277	23.73	3.34	$21,642
May 2002	10	5,848	24.66	3.58	$21,206
Apr 2002	33	3,584	23.65	3.51	$13,369
Mar 2002	56	1,562	22.00	3.10	$6,078
Feb 2002	45	3,106	18.22	2.38	$8,199
Jan 2002	138	3,498	17.17	2.38	$10,680
Dec 2001	44	4,921	16.93	2.36	$12,380
Nov 2001	81	6,194	18.07	2.41	$16,363
Oct 2001	135	6,173	19.78	2.53	$18,281
Sep 2001	30	5,732	24.26	2.25	$13,632
Aug 2001	0	6,179	24.87	3.05	$18,865
Jul 2001	18	5,527	23.93	3.20	$18,101
Jun 2001	10	6,018	24.56	3.82	$23,259
May 2001	22	6,270	25.52	4.31	$27,568
Apr 2001	21	6,165	24.68	5.34	$33,411
Mar 2001	42	6,059	24.54	5.38	$33,607
Feb 2001	22	5,032	27.75	5.77	$29,630
Jan 2001	31	5,279	27.47	8.40	$45,189
Dec 2000	44	4,935	26.88	9.12	$46,202
Nov 2000	29	4,133	32.21	5.66	$24,319
Oct 2000	6	486	31.23	5.15	$2,688
Sep 2000	32	5,905	31.87	5.19	$31,646
Aug 2000	24	7,981	29.64	4.54	$36,951
Jul 2000	33	7,589	28.53	4.09	$31,979
Jun 2000	57	9,869	29.30	4.40	$45,067
May 2000	57	10,540	27.26	3.68	$40,338
Apr 2000	185	4,522	24.51	3.12	$18,625
Mar 2000	194	11,000	28.42	2.86	$36,971
Feb 2000	282	10,524	27.62	2.73	$36,483
Jan 2000	278	11,655	25.27	2.48	$35,935
Dec 1999	410	11,834	24.28	2.42	$38,637
Nov 1999	278	12,328	23.19	2.43	$36,453
Oct 1999	263	12,273	20.98	2.80	$39,928
Sep 1999	283	10,136	21.75	2.62	$32,700
Aug 1999	307	13,059	19.26	2.88	$43,465
Jul 1999	263	13,199	17.89	2.37	$36,018
Jun 1999	171	13,906	15.94	2.36	$35,573
May 1999	399	15,764	15.79	2.32	$42,889
Apr 1999	445	20,114	15.10	2.21	$51,132
Mar 1999	86	8,712	12.47	1.84	$17,088

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 2008 — as filed, then multipliedworked

Condensate             0 bbl  × $114.22 =         $0
Gas                   99 Mcf  × $  8.48 =       $840

────────────────────────────────────────────────────
Month total                                     $840

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. 06/G/172560 is the state's own key, not one this site invented.