HELMS, L. V.

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

Gas lease lease 174196District 09Field 652802002 tax incentive programmesCondensateGasSaveExport
Value, all time
$630 k
Jun 1999 – Nov 2010
Value, last 12 filed months
$0
at the published price for each month
Months reported
138
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 21,881 leases and 22,468 wells, and the rule below applies to all of them.

Discovered
1981-10-15
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 20 acres. The field rule took effect on 2009-09-29.

The Commission's schedule remark for this field reads: DESIGNATED AS UFT FIELD PER DOCKET 01-0299858

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 Gas111999-10-15141026
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
CondensateDisposition851 bbl$23,218
GasProduction136,274 Mcf$607,147
Total$630,365

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 33.1700, -97.4480. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.17001, -97.44804 · 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
8,260 ft
1 wells filed one
Completion to plug
11.4 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 8,260 ft.

Completions filed
Jun 1999
1 of 1 wells
Plug dates filed
Nov 2010
1 of 1 wells

Last completion to plug: a median of 11.4 years across the 1 well that filed both dates, with the middle half between 11.4 years and 11.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4973028528,260 ftJun 1999Nov 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 (138)

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

138 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 200904246.773.59$151
Mar 200906942.144.06$280
Feb 2009014532.814.63$672
Jan 200907935.865.37$424
Dec 200806837.105.98$406
Nov 200806755.496.86$460
Oct 2008020575.246.92$1,419
Sep 20080165101.767.88$1,300
Aug 20080262114.228.48$2,223
Jul 20080296131.0811.39$3,371
Jun 20080232131.3313.03$3,024
May 20080277123.1711.57$3,206
Apr 20080223110.3110.45$2,331
Mar 20080111101.909.66$1,073
Feb 2008013892.538.77$1,210
Jan 2008012090.388.21$985
Dec 2007011788.337.30$854
Nov 2007031791.677.29$2,311
Oct 2007041182.856.92$2,845
Sep 2007049875.846.24$3,110
Aug 2007068369.066.39$4,363
Jul 2007060170.906.39$3,839
Jun 2007053462.007.55$4,031
May 2007041258.747.85$3,233
Apr 2007033259.617.81$2,591
Mar 200709056.927.30$657
Feb 2007011255.108.22$920
Jan 2007017650.306.73$1,184
Dec 2006013556.656.92$934
Nov 2006016354.207.62$1,242
Oct 2006030554.906.01$1,834
Sep 2006011260.085.04$564
Aug 2006030968.717.34$2,268
Jul 200601,69469.376.34$10,745
Jun 200601,36066.286.38$8,682
May 200601,03166.016.42$6,624
Apr 2006066164.397.36$4,865
Mar 2006036356.707.08$2,571
Feb 2006021057.597.75$1,628
Jan 2006037760.598.93$3,368
Dec 200507154.9413.42$952
Nov 2005032954.6910.59$3,484
Oct 20050058.3413.80$0
Sep 200503561.4512.08$423
Aug 200504961.519.80$480
Jul 200505955.697.84$463
Jun 200501,37252.337.38$10,127
May 2005073845.226.65$4,909
Apr 2005038149.207.36$2,804
Mar 2005055050.377.15$3,935
Feb 2005046245.226.31$2,916
Jan 200508243.166.32$518
Dec 2004062539.866.75$4,219
Nov 200409945.286.33$627
Oct 20048931649.706.52$6,482
Sep 2004075043.245.28$3,963
Aug 20043093242.375.55$6,444
Jul 2004093338.286.08$5,677
Jun 2004068036.106.43$4,374
May 200401,43737.486.49$9,333
Apr 2004072934.475.86$4,271
Mar 2004075334.365.53$4,164
Feb 2004056832.455.51$3,129
Jan 2004087232.036.30$5,493
Dec 2003068130.266.30$4,291
Nov 200301,03828.804.60$4,770
Oct 2003058528.174.76$2,784
Sep 2003089726.314.75$4,260
Aug 200301,00229.765.13$5,140
Jul 200301,05429.415.17$5,450
Jun 200301,48328.565.98$8,873
May 200301,39926.595.97$8,356
Apr 200301,23126.675.41$6,656
Mar 2003089431.146.10$5,450
Feb 2003097933.487.93$7,759
Jan 2003067030.315.58$3,740
Dec 2002040526.914.85$1,966
Nov 2002043324.664.14$1,791
Oct 2002047526.464.23$2,009
Sep 2002014427.443.64$523
Aug 2002316325.963.16$594
Jul 2002017324.583.06$530
Jun 2002031423.733.34$1,048
May 2002026624.663.58$953
Apr 2002020123.653.51$706
Mar 20020022.003.10$0
Feb 200201,27918.222.38$3,038
Jan 200213960417.172.38$3,822
Dec 200101,60116.932.36$3,785
Nov 200101,62518.072.41$3,909
Oct 200101,72719.782.53$4,367
Sep 200102,62824.262.25$5,916
Aug 200101,78824.873.05$5,459
Jul 200101,77123.933.20$5,662
Jun 200102,32524.563.82$8,891
May 200101,91825.524.31$8,261
Apr 200102,09724.685.34$11,188
Mar 200102,20324.545.38$11,844
Feb 200102,29727.755.77$13,247
Jan 200102,69227.478.40$22,609
Dec 200002,77926.889.12$25,351
Nov 200002,81932.215.66$15,950
Oct 200003,12531.235.15$16,080
Sep 20001112,78031.875.19$17,956
Aug 200002,34829.644.54$10,662
Jul 200002,70228.534.09$11,051
Jun 200003,01629.304.40$13,262
May 200002,83727.263.68$10,439
Apr 200003,12724.513.12$9,744
Mar 20001523,45928.422.86$14,212
Feb 200003,51427.622.73$9,581
Jan 200004,12025.272.48$10,220
Dec 19991804,69724.282.42$15,755
Nov 199903,53723.192.43$8,609
Oct 199903,76220.982.80$10,548
Sep 199903,00521.752.62$7,870
Aug 19991475,19119.262.88$17,758
Jul 1999012,09017.892.37$28,682
Jun 19990015.942.36$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.

Apr 2009 — as filed, then multipliedworked
Condensate             0 bbl  × $ 46.77 =         $0
Gas                   42 Mcf  × $  3.59 =       $151

────────────────────────────────────────────────────
Month total                                     $151

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/174196 is the state's own key, not one this site invented.