BOYD, D.K. 27-4 GAS UNIT

Operated by FED OPERATING LLC (P-5 264211) in the HALEY (LWR. WOLFCAMP-PENN CONS.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 228824District 08Field 381183002 tax incentive programmesCondensateGasSaveExport
Value, all time
$14.1 M
Mar 2007 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
231
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 193 leases and 193 wells, and the rule below applies to all of them.

Discovered
2005-01-13
as the register files it
Field class
Gas
the register's own label
Between wells
2,640 ft
minimum
From a lease line
1,320 ft
minimum

A drilling unit in this field needs at least 640 acres. The field rule took effect on 2005-01-13.

The Commission's schedule remark for this field reads: EXCEPT FOR THE SHUT IN WELLHEAD PRESSURE.

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 Gas222007-09-13 – 2008-03-192 dockets
NGPA2none

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
CondensateDisposition5,977 bbl$461,766
GasProduction2,118,328 Mcf$13,658,654
Total$14,120,420

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 31.8725, -103.2879. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.87246, -103.28793 · 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
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
16,250 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
00.0%
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.
1100.0%

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 16,250 ft.

Completions filed
Mar 2007
1 of 1 wells

1 well

42-49533228116,250 ftMar 2007

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 (231)

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

231 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 2019016359.012.30$376
Nov 2019024155.302.75$663
Oct 201909653.472.42$232
Sep 2019014655.052.66$388
Aug 2019011453.112.30$263
Jul 2019016356.272.46$401
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 2018129565.382.90$921
Apr 201809163.842.90$264
Mar 201802061.222.79$56
Feb 2018015261.782.77$420
Jan 2018028262.874.01$1,131
Dec 20170057.272.92$0
Nov 20170155.423.12$3
Oct 20170049.292.98$0
Sep 2017031947.523.09$985
Aug 2017045845.373.00$1,376
Jul 20170643.873.09$19
Jun 2017040542.493.09$1,250
May 201721,31245.373.26$4,372
Apr 2017183647.933.21$2,733
Mar 201732,25746.772.98$6,874
Feb 2017012650.452.95$372
Jan 201709449.413.42$321
Dec 2016042248.763.72$1,571
Nov 201607442.492.64$196
Oct 2016068546.193.09$2,117
Sep 2016265441.553.10$2,111
Aug 2016038741.442.92$1,132
Jul 2016020041.622.92$585
Jun 201611,77045.352.69$4,799
May 201601342.521.99$26
Apr 2016122,26736.561.99$4,952
Mar 2016112,47633.011.79$4,805
Feb 2016032826.472.06$677
Jan 201661,10427.352.36$2,774
Dec 201511,16032.362.00$2,354
Nov 201541,16238.792.17$2,674
Oct 201512243.552.43$97
Sep 2015194342.992.76$2,644
Aug 2015063540.162.87$1,824
Jul 2015154248.152.95$1,644
Jun 2015171656.152.88$2,120
May 2015592655.212.96$3,013
Apr 2015028649.822.71$774
Mar 201501,44042.892.93$4,226
Feb 2015011844.662.98$351
Jan 2015026343.433.10$815
Dec 2014035654.693.59$1,279
Nov 2014052170.464.25$2,215
Oct 2014067678.303.90$2,637
Sep 201421,41486.164.05$5,893
Aug 201403,72589.394.04$15,031
Jul 2014101,51896.564.18$7,310
Jun 2014182,89298.164.74$15,466
May 201411,93294.734.73$9,226
Apr 201412,75895.944.81$13,359
Mar 2014151,77695.895.06$10,419
Feb 2014039497.406.19$2,440
Jan 2014132,23890.404.86$12,053
Dec 20130091.824.35$0
Nov 201301,19388.853.74$4,460
Oct 2013121,17897.423.78$5,621
Sep 2013193,125104.113.72$13,596
Aug 201303,218104.253.52$11,336
Jul 2013264,531102.523.72$19,511
Jun 2013103,40394.403.93$14,329
May 201341,34094.834.15$5,939
Apr 201383,08293.964.28$13,951
Mar 201305,44893.623.91$21,317
Feb 201363,62791.233.42$12,951
Jan 201302,25291.603.42$7,702
Dec 201203,51286.773.42$12,012
Nov 201296,47286.953.62$24,243
Oct 2012218,02089.383.40$29,142
Sep 2012418,86094.672.92$29,738
Aug 2012119,19992.662.91$27,771
Jul 201218,10285.133.02$24,560
Jun 2012177,64079.822.52$20,602
May 20124987,64091.612.49$64,633
Apr 2012194,117101.652.00$10,152
Mar 201200105.052.22$0
Feb 2012763,525101.102.57$16,744
Jan 20124211,47498.092.73$35,491
Dec 201115411,35996.873.24$51,718
Nov 20114912,03095.723.31$44,525
Oct 20117714,17284.983.65$58,251
Sep 201112915,20783.623.99$71,399
Aug 2011815,98883.404.15$67,007
Jul 20111316,24094.144.52$74,584
Jun 20119116,14192.904.64$83,346
May 201115216,92498.134.40$89,463
Apr 20117713,853105.964.33$68,188
Mar 20111212,10296.364.06$50,258
Feb 2011713,71085.644.18$57,907
Jan 20111315,42286.504.59$71,893
Dec 20101812,19985.734.35$54,581
Nov 20101213,12480.843.80$50,780
Oct 20101714,45378.103.51$52,042
Sep 20102914,92672.633.98$61,504
Aug 20104116,82873.684.42$77,390
Jul 20101617,55172.554.74$84,291
Jun 2010717,06470.364.91$84,284
May 20101217,47371.124.24$74,855
Apr 20102317,55081.694.12$74,232
Mar 20101415,28378.394.39$68,170
Feb 201072,01473.585.44$11,476
Jan 201007,25674.365.96$43,275
Dec 2009216,58371.445.48$91,080
Nov 20091323,18974.593.75$87,963
Oct 20092224,53372.544.11$102,433
Sep 20093132,23565.543.06$100,824
Aug 20096231,68167.423.22$106,145
Jul 200910732,63661.133.46$119,608
Jun 20098518,28766.163.90$76,851
May 20093515,53854.743.93$62,914
Apr 20092315,67346.773.59$57,303
Mar 20095122,40642.144.06$93,095
Feb 20091817,98432.814.63$83,910
Jan 200920033,99935.865.37$189,781
Dec 20084233,91437.105.98$204,267
Nov 20082328,36955.496.86$195,898
Oct 200822230,61075.246.92$228,585
Sep 20084532,223101.767.88$258,403
Aug 20082740,847114.228.48$349,590
Jul 20082042,583131.0811.39$487,618
Jun 20083135,421131.3313.03$465,700
May 20081540,734123.1711.57$473,315
Apr 200818541,850110.3110.45$457,943
Mar 20081146,435101.909.66$449,872
Feb 200817446,60692.538.77$424,862
Jan 20081643,47690.388.21$358,198
Dec 200720557,16888.337.30$435,547
Nov 200717060,78891.677.29$458,832
Oct 200719670,40682.856.92$503,588
Sep 200719476,26275.846.24$490,905
Aug 200717685,30669.066.39$557,084
Jul 200735496,67770.906.39$642,665
Jun 2007360104,55162.007.55$811,518
May 2007738125,38658.747.85$1,027,164
Apr 2007175178,78259.617.81$1,405,861
Mar 20073818,99356.927.30$140,849

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.

Dec 2019 — as filed, then multipliedworked
Condensate             0 bbl  × $ 59.01 =         $0
Gas                  163 Mcf  × $  2.30 =       $376

────────────────────────────────────────────────────
Month total                                     $376

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. 08/G/228824 is the state's own key, not one this site invented.