SHARP UNIT

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

Gas lease lease 187003District 06Field 075285002 tax incentive programmesCondensateGasSaveExport
Value, all time
$889 k
Nov 2001 – Oct 2007
Value, last 12 filed months
$79 k
at the published price for each month
Months reported
72
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 264 leases and 264 wells, and the rule below applies to all of them.

Discovered
1973-06-01
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 2010-12-14.

The Commission's schedule remark for this field reads: DENSITY HAVE BEEN ASSIGNED, CORRELATIVE INTERVAL 8112-9435 FT.

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 Gas112002-05-13146542
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
CondensateDisposition2,495 bbl$77,327
GasProduction155,180 Mcf$812,167
Total$889,494

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 32.2798, -94.1583. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.27982, -94.15829 · 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
9,700 ft
1 wells filed one
Completion to plug
14.3 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 9,700 ft.

Completions filed
Oct 2007
1 of 1 wells
Plug dates filed
Jan 2022
1 of 1 wells

Last completion to plug: a median of 14.3 years across the 1 well that filed both dates, with the middle half between 14.3 years and 14.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-365347426 L9,700 ftOct 2007Jan 2022Yes

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 (72)

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

72 months

Oct 200742082.856.92$3,480
Sep 2007045575.846.24$2,841
Aug 200701,21269.066.39$7,742
Jul 2007261,02970.906.39$8,417
Jun 200701,02462.007.55$7,730
May 200781,00358.747.85$8,340
Apr 2007074759.617.81$5,830
Mar 2007064056.927.30$4,673
Feb 2007058655.108.22$4,815
Jan 2007683350.306.73$5,905
Dec 200671,10456.656.92$8,035
Nov 200601,44654.207.62$11,015
Oct 200641,99354.906.01$12,205
Sep 200612,22260.085.04$11,253
Aug 200602,64168.717.34$19,385
Jul 20062069.376.34$139
Jun 20060066.286.38$0
May 20064066.016.42$264
Apr 20060064.397.36$0
Mar 20067056.707.08$397
Feb 2006045657.597.75$3,535
Jan 2006101,82060.598.93$16,865
Dec 200501,95754.9413.42$26,254
Nov 2005121,92954.6910.59$21,081
Oct 200501,20958.3413.80$16,679
Sep 2005221,12461.4512.08$14,929
Aug 200501,28761.519.80$12,609
Jul 2005241,22355.697.84$10,929
Jun 200501,20052.337.38$8,857
May 2005241,49045.226.65$10,996
Apr 200501,95449.207.36$14,382
Mar 2005242,12350.377.15$16,399
Feb 200501,86245.226.31$11,753
Jan 2005202,17443.166.32$14,608
Dec 2004162,13839.866.75$15,072
Nov 200402,01945.286.33$12,781
Oct 2004102,02449.706.52$13,684
Sep 2004142,36643.245.28$13,107
Aug 200407442.375.55$411
Jul 2004201,84038.286.08$11,960
Jun 200402,22936.106.43$14,339
May 2004251,98337.486.49$13,816
Apr 2004311,92234.475.86$12,329
Mar 2004412,02134.365.53$12,585
Feb 200401,78532.455.51$9,835
Jan 2004651,90632.036.30$14,089
Dec 2003652,13230.266.30$15,402
Nov 2003642,10928.804.60$11,534
Oct 200302,23128.174.76$10,619
Sep 2003592,06126.314.75$11,341
Aug 20031202,01129.765.13$13,887
Jul 2003642,28429.415.17$13,692
Jun 20031202,69228.565.98$19,533
May 20031313,09426.595.97$21,963
Apr 2003622,82626.675.41$16,935
Mar 20031692,25031.146.10$18,979
Feb 20031221,91133.487.93$19,231
Jan 20031172,39230.315.58$16,899
Dec 2002572,95026.914.85$15,852
Nov 2002563,90724.664.14$17,544
Oct 2002503,09026.464.23$14,391
Sep 2002572,49227.443.64$10,623
Aug 20021184,12225.963.16$16,106
Jul 20021004,49224.583.06$16,211
Jun 20021074,96023.733.34$19,097
May 2002685,97624.663.58$23,095
Apr 20021205,88323.653.51$23,501
Mar 2002817,73622.003.10$25,785
Feb 2002975,67918.222.38$15,259
Jan 2002266,28717.172.38$15,382
Dec 200107,54516.932.36$17,839
Nov 200101,01818.072.41$2,449

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.

Oct 2007 — as filed, then multipliedworked
Condensate            42 bbl  × $ 82.85 =     $3,480
Gas                    0 Mcf  × $  6.92 =         $0

────────────────────────────────────────────────────
Month total                                   $3,480

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/187003 is the state's own key, not one this site invented.