DAVIS, M.L.

Name: DAVIS, M.L. lease production and value, Jan 1993 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 85901District 06Field 160321742 tax incentive programmesCondensateGasSave Export

Value, all time

$663 k

Jan 1993 – Nov 2006

Value, last 12 filed months

$8 k

at the published price for each month

Months reported

167

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	2005-10-26	165828
NGPA	2	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	3,086 bbl	$72,069
Gas	Production	228,483 Mcf	$591,111
Total			$663,180

80,831 Mcf of this lease's gas, across 48 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

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 32.0381, -94.3880. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.03812, -94.38801 · 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

0.0%

0 of 1 wells

Median depth

9,670 ft

1 wells filed one

Completion to plug

—

no well filed both dates

What the state filed about each well

On the RRC proration schedule

1100.0%

A plug date is filed

00.0%

BothOn the schedule and plugged. Neither fact cancels the other.

00.0%

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 9,670 ft.

Completions filed

Jun 2022

1 of 1 wells

1 well


42-36530932	1	9,670 ft	Jun 2022	—	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 (167)

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

167 months


Nov 2006	0	0	54.20	7.62	$0
Oct 2006	0	57	54.90	6.01	$343
Sep 2006	5	109	60.08	5.04	$849
Aug 2006	7	156	68.71	7.34	$1,626
Jul 2006	4	94	69.37	6.34	$874
Jun 2006	3	79	66.28	6.38	$703
May 2006	12	239	66.01	6.42	$2,328
Apr 2006	0	5	64.39	7.36	$37
Mar 2006	9	138	56.70	7.08	$1,488
Feb 2006	0	0	57.59	7.75	$0
Jan 2006	0	3	60.59	8.93	$27
Dec 2005	1	12	54.94	13.42	$216
Nov 2005	0	5	54.69	10.59	$53
Oct 2005	10	160	58.34	13.80	$2,791
Sep 2005	0	0	61.45	12.08	$0
Aug 2005	9	230	61.51	9.80	$2,807
Jul 2005	12	315	55.69	7.84	$3,139
Jun 2005	18	864	52.33	7.38	$7,319
May 2005	34	1,348	45.22	6.65	$10,503
Apr 2005	27	1,291	49.20	7.36	$10,831
Mar 2005	33	1,381	50.37	7.15	$11,543
Feb 2005	32	1,250	45.22	6.31	$9,337
Jan 2005	30	1,304	43.16	6.32	$9,539
Dec 2004	20	1,315	39.86	6.75	$9,675
Nov 2004	5	1,295	45.28	6.33	$8,424
Oct 2004	5	1,352	49.70	6.52	$9,057
Sep 2004	5	1,309	43.24	5.28	$7,133
Aug 2004	5	1,356	42.37	5.55	$7,739
Jul 2004	6	1,400	38.28	6.08	$8,748
Jun 2004	7	1,496	36.10	6.43	$9,877
May 2004	7	1,621	37.48	6.49	$10,790
Apr 2004	7	1,573	34.47	5.86	$9,457
Mar 2004	8	1,668	34.36	5.53	$9,499
Feb 2004	8	1,674	32.45	5.51	$9,483
Jan 2004	8	1,440	32.03	6.30	$9,328
Dec 2003	10	1,683	30.26	6.30	$10,908
Nov 2003	40	1,707	28.80	4.60	$8,996
Oct 2003	40	1,842	28.17	4.76	$9,894
Sep 2003	41	1,812	26.31	4.75	$9,685
Aug 2003	34	2,032	29.76	5.13	$11,435
Jul 2003	42	1,891	29.41	5.17	$11,013
Jun 2003	38	1,950	28.56	5.98	$12,752
May 2003	54	1,981	26.59	5.97	$13,268
Apr 2003	27	2,150	26.67	5.41	$12,346
Mar 2003	34	1,538	31.14	6.10	$10,434
Feb 2003	28	1,630	33.48	7.93	$13,857
Jan 2003	26	1,791	30.31	5.58	$10,785
Dec 2002	58	1,913	26.91	4.85	$10,846
Nov 2002	57	1,430	24.66	4.14	$7,321
Oct 2002	49	1,677	26.46	4.23	$8,389
Sep 2002	21	1,202	27.44	3.64	$4,946
Aug 2002	0	736	25.96	3.16	$2,329
Jul 2002	0	866	24.58	3.06	$2,651
Jun 2002	0	818	23.73	3.34	$2,731
May 2002	0	840	24.66	3.58	$3,011
Apr 2002	0	785	23.65	3.51	$2,757
Mar 2002	0	1,033	22.00	3.10	$3,205
Feb 2002	0	847	18.22	2.38	$2,012
Jan 2002	0	745	17.17	2.38	$1,770
Dec 2001	1	1,031	16.93	2.36	$2,455
Nov 2001	1	876	18.07	2.41	$2,125
Oct 2001	1	1,212	19.78	2.53	$3,085
Sep 2001	1	1,065	24.26	2.25	$2,422
Aug 2001	1	1,337	24.87	3.05	$4,107
Jul 2001	1	1,258	23.93	3.20	$4,046
Jun 2001	3	1,212	24.56	3.82	$4,709
May 2001	27	1,613	25.52	4.31	$7,637
Apr 2001	31	1,722	24.68	5.34	$9,953
Mar 2001	27	1,742	24.54	5.38	$10,028
Feb 2001	32	1,384	27.75	5.77	$8,870
Jan 2001	34	798	27.47	8.40	$7,636
Dec 2000	31	739	26.88	9.12	$7,575
Nov 2000	28	644	32.21	5.66	$4,546
Oct 2000	30	833	31.23	5.15	$5,223
Sep 2000	13	890	31.87	5.19	$5,030
Aug 2000	16	1,057	29.64	4.54	$5,274
Jul 2000	3	652	28.53	4.09	$2,752
Jun 2000	3	1,016	29.30	4.40	$4,556
May 2000	3	1,036	27.26	3.68	$3,894
Apr 2000	3	1,128	24.51	3.12	$3,588
Mar 2000	5	1,417	28.42	2.86	$4,194
Feb 2000	5	1,170	27.62	2.73	$3,328
Jan 2000	6	1,374	25.27	2.48	$3,560
Dec 1999	5	1,295	24.28	2.42	$3,260
Nov 1999	5	1,362	23.19	2.43	$3,431
Oct 1999	4	1,376	20.98	2.80	$3,942
Sep 1999	6	1,962	21.75	2.62	$5,269
Aug 1999	6	2,261	19.26	2.88	$6,617
Jul 1999	5	1,622	17.89	2.37	$3,937
Jun 1999	6	1,616	15.94	2.36	$3,913
May 1999	5	1,696	15.79	2.32	$4,015
Apr 1999	9	2,627	15.10	2.21	$5,936
Mar 1999	4	1,062	12.47	1.84	$2,002
Feb 1999	3	800	9.98	1.82	$1,484
Jan 1999	5	1,182	10.38	1.90	$2,298
Dec 1998	8	2,060	9.20	1.77	$3,727
Nov 1998	4	1,384	10.89	2.19	$3,069
Oct 1998	4	1,371	12.42	1.97	$2,749
Sep 1998	4	1,620	12.59	2.08	$3,424
Aug 1998	4	1,256	11.30	1.91	$2,441
Jul 1998	5	1,858	11.74	2.24	$4,216
Jun 1998	6	1,598	11.24	2.24	$3,643
May 1998	7	1,982	12.62	2.21	$4,461
Apr 1998	7	1,845	13.04	2.51	$4,714
Mar 1998	7	1,798	12.80	2.31	$4,242
Feb 1998	6	1,503	13.95	2.30	$3,539
Jan 1998	8	2,021	14.70	2.15	$4,472
Dec 1997	17	1,812	16.32	2.41	$4,646
Nov 1997	18	1,353	18.19	3.09	$4,506
Oct 1997	12	1,140	19.25	3.15	$3,822
Sep 1997	14	1,581	17.74	2.95	$4,920
Aug 1997	12	1,430	17.86	2.55	$3,868
Jul 1997	13	1,501	17.58	2.25	$3,601
Jun 1997	15	1,279	17.24	2.26	$3,146
May 1997	21	2,504	18.97	2.31	$6,179
Apr 1997	22	2,034	17.88	2.08	$4,630
Mar 1997	20	1,956	18.95	1.94	$4,172
Feb 1997	18	1,468	20.49	2.21	$3,607
Jan 1997	17	1,793	23.48	3.54	$6,746
Dec 1996	14	1,632	23.32	—	$326
Nov 1996	16	1,748	21.97	—	$352
Oct 1996	12	1,892	23.31	—	$280
Sep 1996	12	1,982	22.22	—	$267
Aug 1996	20	1,663	20.26	—	$405
Jul 1996	16	1,988	19.55	—	$313
Jun 1996	11	1,696	18.73	—	$206
May 1996	23	2,202	19.43	—	$447
Apr 1996	34	1,814	21.51	—	$731
Mar 1996	18	2,316	19.38	—	$349
Feb 1996	39	3,134	16.98	—	$662
Jan 1996	52	1,742	17.07	—	$888
Dec 1995	31	1,214	17.19	—	$533
Nov 1995	37	1,172	16.00	—	$592
Oct 1995	27	1,091	15.43	—	$417
Sep 1995	22	1,179	16.18	—	$356
Aug 1995	71	1,426	15.92	—	$1,130
Jul 1995	15	1,327	15.24	—	$229
Jun 1995	37	1,444	16.41	—	$607
May 1995	27	1,581	17.56	—	$474
Apr 1995	35	1,666	17.73	—	$621
Mar 1995	40	1,847	16.44	—	$658
Feb 1995	63	2,439	16.58	—	$1,045
Jan 1995	102	2,902	15.92	—	$1,624
Dec 1994	43	3,102	15.03	—	$646
Nov 1994	47	2,127	15.90	—	$747
Oct 1994	28	1,381	15.58	—	$436
Sep 1994	19	1,321	15.29	—	$291
Aug 1994	22	1,200	16.13	—	$355
Jul 1994	16	1,286	17.56	—	$281
Jun 1994	25	1,092	17.09	—	$427
May 1994	34	1,253	15.88	—	$540
Apr 1994	21	1,174	14.14	—	$297
Mar 1994	29	1,186	12.46	—	$361
Feb 1994	14	780	12.50	—	$175
Jan 1994	37	1,344	12.66	—	$468
Dec 1993	26	1,155	12.33	—	$321
Nov 1993	24	1,219	14.49	—	$348
Oct 1993	38	1,944	15.85	—	$602
Sep 1993	33	2,388	15.03	—	$496
Aug 1993	49	2,812	15.66	—	$767
Jul 1993	50	3,152	15.46	—	$773
Jun 1993	51	2,397	16.79	—	$856
May 1993	21	764	17.68	—	$371
Apr 1993	25	1,019	18.05	—	$451
Mar 1993	35	1,066	18.14	—	$635
Feb 1993	26	1,276	17.90	—	$465
Jan 1993	25	1,296	16.93	—	$423

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 2006 — as filed, then multipliedworked

Condensate             0 bbl  × $ 54.90 =         $0
Gas                   57 Mcf  × $  6.01 =       $343

────────────────────────────────────────────────────
Month total                                     $343

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/85901 is the state's own key, not one this site invented.