DAVIDSON "38G"

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 39935District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$1.1 M
May 2010 – May 2018
Value, last 12 filed months
$3 k
at the published price for each month
Months reported
97
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
OilDisposition11,409 bbl$988,750
Casinghead gasProduction41,904 Mcf$160,647
Total$1,149,397

Every month this lease reported (97)

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

97 months

May 20180065.382.90$0
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 20173045.373.00$136
Jul 2017262643.873.09$1,221
Jun 2017342842.493.09$1,531
May 2017482645.373.26$2,263
Apr 2017506347.933.21$2,599
Mar 20176111446.772.98$3,193
Feb 20174650.452.95$220
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20162041.622.92$83
Jun 2016254545.352.69$1,255
May 2016193942.521.99$886
Apr 20160036.561.99$0
Mar 20161033.011.79$33
Feb 2016256326.472.06$792
Jan 20167716827.352.36$2,503
Dec 20159419032.362.00$3,422
Nov 20157617738.792.17$3,332
Oct 20157721043.552.43$3,863
Sep 2015679642.992.76$3,145
Aug 20158621340.162.87$4,066
Jul 20158120648.152.95$4,507
Jun 2015868156.152.88$5,062
May 201510213355.212.96$6,024
Apr 20151227049.822.71$6,268
Mar 20151368142.892.93$6,071
Feb 2015722344.662.98$3,284
Jan 2015692643.433.10$3,077
Dec 2014953854.693.59$5,332
Nov 2014843570.464.25$6,067
Oct 20149014978.303.90$7,628
Sep 201417860986.164.05$17,800
Aug 201424096689.394.04$25,352
Jul 20142761,54796.564.18$33,116
Jun 201410956698.164.74$13,381
May 20142011,07794.734.73$24,131
Apr 201437682695.944.81$40,046
Mar 20141097795.895.06$10,841
Feb 201473097.406.19$7,110
Jan 2014109090.404.86$9,854
Dec 2013134091.824.35$12,304
Nov 201371088.853.74$6,308
Oct 201395097.423.78$9,255
Sep 20134023,010104.113.72$53,043
Aug 20134334,054104.253.52$59,421
Jul 20134844,222102.523.72$65,316
Jun 20135875,20094.403.93$75,867
May 20134283,73294.834.15$56,072
Apr 20135704,57693.964.28$73,154
Mar 20135272,49193.623.91$59,085
Feb 2013615591.233.42$5,753
Jan 20130091.603.42$0
Dec 20125086.773.42$434
Nov 201275086.953.62$6,521
Oct 201239089.383.40$3,486
Sep 20121094.672.92$95
Aug 201220092.662.91$1,853
Jul 201212224185.133.02$11,114
Jun 201214642979.822.52$12,734
May 201224735391.612.49$23,506
Apr 2012183780101.652.00$20,159
Mar 2012251377105.052.22$27,205
Feb 2012213372101.102.57$22,490
Jan 201223824098.092.73$24,002
Dec 201130848396.873.24$31,401
Nov 20111713795.723.31$16,491
Oct 2011142084.983.65$12,067
Sep 20110083.623.99$0
Aug 20111253983.404.15$10,587
Jul 201114831694.144.52$15,360
Jun 201110714392.904.64$10,604
May 201116823198.134.40$17,503
Apr 2011148213105.964.33$16,605
Mar 20111138096.364.06$11,213
Feb 20111409585.644.18$12,387
Jan 20111847486.504.59$16,256
Dec 20101446685.734.35$12,632
Nov 20108812080.843.80$7,569
Oct 201012614678.103.51$10,353
Sep 201010038172.633.98$8,779
Aug 201010037773.684.42$9,034
Jul 201014031172.554.74$11,630
Jun 201012234570.364.91$10,278
May 201012034171.124.24$9,979

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 2017 — as filed, then multipliedworked
Oil                    3 bbl  × $ 45.37 =       $136
Casinghead gas         0 Mcf  × $  3.00 =         $0

────────────────────────────────────────────────────
Month total                                     $136

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/39935 is the state's own key, not one this site invented.