DAVIDSON "37C"

Operated by ENCANA OIL & GAS(USA) INC. (P-5 251691) in the SPRABERRY (TREND AREA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 39925District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$4.1 M
May 2010 – Apr 2018
Value, last 12 filed months
$0
at the published price for each month
Months reported
96
no gaps in the span
Streams
2
oil, casinghead 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 16,587 leases and 43,997 wells, and the rule below applies to all of them.

Discovered
1952-12-22
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 80 acres. The field rule took effect on 2018-02-13.

The Commission's schedule remark for this field reads: SPRABERRY (TREND AREA) FIELD EFFECTIVE 10/1/2019.

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
OilDisposition48,716 bbl$3,656,729
Casinghead gasProduction116,357 Mcf$420,459
Total$4,077,188

Every month this lease reported (96)

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

96 months

Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 201742912346.772.98$20,431
Feb 20171393950.452.95$7,128
Jan 201743549.413.42$2,142
Dec 201664048.763.72$3,121
Nov 201637042.492.64$1,572
Oct 2016237946.193.09$10,975
Sep 20162604441.553.10$10,939
Aug 20164186341.442.92$17,506
Jul 20161,3147141.622.92$54,896
Jun 20161,3294845.352.69$60,399
May 20161,5666342.521.99$66,712
Apr 20161,1564736.561.99$42,357
Mar 2016771433.011.79$2,567
Feb 20160026.472.06$0
Jan 2016811427.352.36$2,248
Dec 20151944132.362.00$6,360
Nov 2015585838.792.17$2,376
Oct 201547666943.552.43$22,353
Sep 20154701,63142.992.76$24,704
Aug 20154542,42440.162.87$25,196
Jul 20155971,61148.152.95$33,490
Jun 20151,2833,66556.152.88$82,606
May 20151,8041,64255.212.96$104,452
Apr 201568195649.822.71$36,515
Mar 20151,9824,82742.892.93$99,174
Feb 201520383544.662.98$11,551
Jan 20158050443.433.10$5,037
Dec 201416952054.693.59$11,110
Nov 201416851970.464.25$14,044
Oct 201429971478.303.90$26,197
Sep 201441775186.164.05$38,967
Aug 201434595289.394.04$34,681
Jul 201435989196.564.18$38,389
Jun 201428267198.164.74$30,860
May 20144041,18894.734.73$43,886
Apr 20144901,16995.944.81$52,632
Mar 20144131,30795.895.06$46,212
Feb 20143811,28797.406.19$45,079
Jan 20144281,06790.404.86$43,878
Dec 20135711,01391.824.35$56,840
Nov 201335793188.853.74$35,200
Oct 201326288397.423.78$28,861
Sep 20134461,250104.113.72$51,080
Aug 20132601,040104.253.52$30,769
Jul 20132701,298102.523.72$32,506
Jun 20133721,76594.403.93$42,059
May 20134552,39094.834.15$53,064
Apr 20135252,47593.964.28$59,928
Mar 20135981,75093.623.91$62,832
Feb 20134261,11091.233.42$42,660
Jan 20136401,85591.603.42$64,968
Dec 20127612,32786.773.42$73,991
Nov 20127862,39386.953.62$77,017
Oct 20126502,38789.383.40$66,212
Sep 20123831,32094.672.92$40,111
Aug 20127342,70692.662.91$75,882
Jul 20126421,93685.133.02$60,502
Jun 20124451,39879.822.52$39,042
May 20125842,59191.612.49$59,947
Apr 20125031,893101.652.00$54,910
Mar 20125102,252105.052.22$58,580
Feb 20126332,580101.102.57$70,628
Jan 20125972,91198.092.73$66,519
Dec 20116402,98596.873.24$71,667
Nov 20117092,64995.723.31$76,637
Oct 20116522,11684.983.65$63,127
Sep 20114311,38483.623.99$41,557
Aug 20116442,03983.404.15$62,170
Jul 20115301,52294.144.52$56,769
Jun 20115893,04292.904.64$68,833
May 20118542,90198.134.40$96,581
Apr 20118681,981105.964.33$100,558
Mar 20119762,28496.364.06$103,314
Feb 20117962,74485.644.18$79,639
Jan 20111,1002,22986.504.59$105,378
Dec 20101,1982,34385.734.35$112,891
Nov 20101,0851,98080.843.80$95,226
Oct 20101,2712,37978.103.51$107,613
Sep 20101,6923,40072.633.98$136,420
Aug 20102,1262,65673.684.42$168,382
Jul 201013926272.554.74$11,325
Jun 201020730270.364.91$16,047
May 201021226671.124.24$16,204

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.

Mar 2017 — as filed, then multipliedworked
Oil                  429 bbl  × $ 46.77 =    $20,064
Casinghead gas       123 Mcf  × $  2.98 =       $367

────────────────────────────────────────────────────
Month total                                  $20,431

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/O/39925 is the state's own key, not one this site invented.