GAGE TRUSTEE

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

Gas lease lease 121666District 09Field 10574520NGPA filingCondensateGasSaveExport
Value, all time
$371 k
Jan 1993 – Nov 2010
Value, last 12 filed months
$0
at the published price for each month
Months reported
215
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 3,438 leases and 3,443 wells, and the rule below applies to all of them.

Discovered
1945-05-01
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 1991-06-10.

The Commission's schedule remark for this field reads: AMOUNT HAD BEEN CALCULATED FOR 5/1/97.

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
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
CondensateDisposition868 bbl$13,340
GasProduction275,367 Mcf$357,382
Total$370,722

161,420 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 33.2144, -97.4818. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.21441, -97.48179 · 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
6,800 ft
1 wells filed one
Completion to plug
24.6 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 6,800 ft.

Completions filed
Apr 1986
1 of 1 wells
Plug dates filed
Nov 2010
1 of 1 wells

Last completion to plug: a median of 24.6 years across the 1 well that filed both dates, with the middle half between 24.6 years and 24.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4973312826,800 ftApr 1986Nov 2010Yes

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 (215)

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

215 months

Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 200702056.927.30$146
Feb 2007024955.108.22$2,046
Jan 2007015550.306.73$1,043
Dec 2006023056.656.92$1,591
Nov 2006014554.207.62$1,105
Oct 2006015754.906.01$944
Sep 200605560.085.04$277
Aug 200608968.717.34$653
Jul 2006010369.376.34$653
Jun 200608666.286.38$549
May 2006011066.016.42$707
Apr 2006010664.397.36$780
Mar 200609856.707.08$694
Feb 2006016557.597.75$1,279
Jan 200609360.598.93$831
Dec 2005012254.9413.42$1,637
Nov 2005020954.6910.59$2,213
Oct 2005026858.3413.80$3,697
Sep 2005029761.4512.08$3,587
Aug 2005037461.519.80$3,664
Jul 2005031155.697.84$2,439
Jun 2005034652.337.38$2,554
May 2005039545.226.65$2,627
Apr 2005035949.207.36$2,642
Mar 2005026650.377.15$1,903
Feb 2005025645.226.31$1,616
Jan 2005041243.166.32$2,605
Dec 2004057039.866.75$3,848
Nov 2004050845.286.33$3,216
Oct 2004063449.706.52$4,131
Sep 2004078243.245.28$4,132
Aug 200401,20842.375.55$6,705
Jul 2004096038.286.08$5,841
Jun 200408736.106.43$560
May 2004017737.486.49$1,150
Apr 2004010634.475.86$621
Mar 20040334.365.53$17
Feb 200401132.455.51$61
Jan 200405132.036.30$321
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 200335526.675.41$960
Mar 2003019931.146.10$1,213
Feb 2003014033.487.93$1,110
Jan 2003029230.315.58$1,630
Dec 2002025526.914.85$1,238
Nov 2002027324.664.14$1,129
Oct 2002019726.464.23$833
Sep 2002022627.443.64$822
Aug 2002025925.963.16$820
Jul 2002031424.583.06$961
Jun 2002033523.733.34$1,118
May 2002072924.663.58$2,613
Apr 2002041923.653.51$1,472
Mar 2002019022.003.10$590
Feb 200201,14518.222.38$2,720
Jan 2002050617.172.38$1,202
Dec 2001087116.932.36$2,059
Nov 2001050118.072.41$1,205
Oct 2001083019.782.53$2,099
Sep 2001099024.262.25$2,229
Aug 2001047924.873.05$1,462
Jul 2001053123.933.20$1,698
Jun 2001079024.563.82$3,021
May 2001050325.524.31$2,167
Apr 2001088724.685.34$4,732
Mar 2001062324.545.38$3,350
Feb 2001087627.755.77$5,052
Jan 2001041727.478.40$3,502
Dec 200002026.889.12$182
Nov 2000082632.215.66$4,674
Oct 2000069531.235.15$3,576
Sep 2000068331.875.19$3,542
Aug 200001,08829.644.54$4,940
Jul 200001,09428.534.09$4,474
Jun 200001,42829.304.40$6,279
May 200001,84727.263.68$6,797
Apr 200006624.513.12$206
Mar 200002,48028.422.86$7,092
Feb 2000095727.622.73$2,609
Jan 2000032925.272.48$816
Dec 1999081524.282.42$1,975
Nov 1999029723.192.43$723
Oct 1999479920.982.80$2,324
Sep 199901,41821.752.62$3,714
Aug 1999093619.262.88$2,692
Jul 199952,57517.892.37$6,198
Jun 199902,50815.942.36$5,924
May 199902,57415.792.32$5,974
Apr 1999121,61215.102.21$3,741
Mar 19991012.471.84$12
Feb 199902129.981.82$385
Jan 199901,93910.381.90$3,684
Dec 199801,9639.201.77$3,481
Nov 199803,11810.892.19$6,815
Oct 199802,96312.421.97$5,835
Sep 199801,49112.592.08$3,105
Aug 199802,66611.301.91$5,085
Jul 199802,35111.742.24$5,260
Jun 199802,55211.242.24$5,710
May 199802,75612.622.21$6,081
Apr 19981562,57213.042.51$8,478
Mar 199803,25712.802.31$7,522
Feb 199803,22413.952.30$7,412
Jan 199802,89514.702.15$6,238
Dec 199702,38716.322.41$5,755
Nov 199703,47518.193.09$10,732
Oct 199702,11919.253.15$6,674
Sep 199703,00717.742.95$8,885
Aug 199702,70417.862.55$6,908
Jul 199704,01517.582.25$9,021
Jun 199701,45317.242.26$3,280
May 199702,79118.972.31$6,443
Apr 199701,27617.882.08$2,658
Mar 199701,80718.951.94$3,504
Feb 199703,33120.492.21$7,348
Jan 199702,22123.483.54$7,862
Dec 199602,97023.32$0
Nov 199602,76821.97$0
Oct 199603,02423.31$0
Sep 199603,72022.22$0
Aug 199602,82120.26$0
Jul 199603,56819.55$0
Jun 199602,35418.73$0
May 199603,44119.43$0
Apr 199605,26321.51$0
Mar 199603,73219.38$0
Feb 199603,08216.98$0
Jan 199601,55217.07$0
Dec 199502,95817.19$0
Nov 199502,42816.00$0
Oct 1995023315.43$0
Sep 199501,82416.18$0
Aug 199502,24915.92$0
Jul 199503,72415.24$0
Jun 199502,40916.41$0
May 199504,57117.56$0
Apr 199501,90717.73$0
Mar 199502,96016.44$0
Feb 19951562,34116.58$2,586
Jan 199503,76415.92$0
Dec 199406,31615.03$0
Nov 199403,58315.90$0
Oct 199402,69215.58$0
Sep 199405,84715.29$0
Aug 199402,70116.13$0
Jul 199402,88617.56$0
Jun 199405,44917.09$0
May 199403,13015.88$0
Apr 19941513,06614.14$2,135
Mar 199405,32812.46$0
Feb 199403,45812.50$0
Jan 199403,86712.66$0
Dec 19931764,18012.33$2,170
Nov 199313,97114.49$14
Oct 199303,04015.85$0
Sep 199312,44715.03$15
Aug 199303,19815.66$0
Jul 199301,14015.46$0
Jun 199303,13416.79$0
May 199303,96717.68$0
Apr 199304,40618.05$0
Mar 19931705,30518.14$3,084
Feb 199305,22117.90$0
Jan 199303,42516.93$0

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 2007 — as filed, then multipliedworked
Condensate             0 bbl  × $ 56.92 =         $0
Gas                   20 Mcf  × $  7.30 =       $146

────────────────────────────────────────────────────
Month total                                     $146

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. 09/G/121666 is the state's own key, not one this site invented.