ELKINS UNIT

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 187368District 09Field 65280200CondensateGasSaveExport
Value, all time
$2.4 M
Jan 2002 – Feb 2019
Value, last 12 filed months
$0
at the published price for each month
Months reported
206
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

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
CondensateDisposition17 bbl$445
GasProduction421,462 Mcf$2,399,647
Total$2,400,092

Every month this lease reported (206)

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

206 months

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 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 201804562.874.01$180
Dec 201708357.272.92$242
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 201707245.373.00$216
Jul 2017051043.873.09$1,575
Jun 2017061142.493.09$1,886
May 2017062345.373.26$2,033
Apr 2017068347.933.21$2,194
Mar 2017071446.772.98$2,130
Feb 2017064050.452.95$1,890
Jan 2017069649.413.42$2,379
Dec 2016054448.763.72$2,025
Nov 201601,47642.492.64$3,903
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160142.521.99$2
Apr 20160136.561.99$2
Mar 20160033.011.79$0
Feb 20160126.472.06$2
Jan 20160027.352.36$0
Dec 201506432.362.00$128
Nov 201508538.792.17$184
Oct 201509443.552.43$228
Sep 201509742.992.76$268
Aug 2015017340.162.87$497
Jul 201502548.152.95$74
Jun 2015011556.152.88$332
May 2015013755.212.96$405
Apr 2015016649.822.71$449
Mar 20150142.892.93$3
Feb 20150044.662.98$0
Jan 20150143.433.10$3
Dec 20140954.693.59$32
Nov 201401270.464.25$51
Oct 201403478.303.90$133
Sep 20140886.164.05$32
Aug 2014013289.394.04$533
Jul 2014083396.564.18$3,482
Jun 2014085498.164.74$4,045
May 201401,06394.734.73$5,024
Apr 2014099695.944.81$4,790
Mar 2014097195.895.06$4,910
Feb 2014089597.406.19$5,542
Jan 2014099690.404.86$4,841
Dec 2013093691.824.35$4,076
Nov 2013092988.853.74$3,473
Oct 2013099697.423.78$3,764
Sep 20130954104.113.72$3,547
Aug 20130989104.253.52$3,484
Jul 201301,146102.523.72$4,261
Jun 2013084294.403.93$3,312
May 2013038294.834.15$1,585
Apr 2013081393.964.28$3,482
Mar 201301,07593.623.91$4,206
Feb 2013072091.233.42$2,462
Jan 2013093291.603.42$3,187
Dec 201201,12486.773.42$3,844
Nov 2012090286.953.62$3,270
Oct 201201,04089.383.40$3,536
Sep 201201,03494.672.92$3,018
Aug 201201,07692.662.91$3,129
Jul 201201,09585.133.02$3,308
Jun 201201,05779.822.52$2,663
May 201201,10191.612.49$2,740
Apr 201201,079101.652.00$2,155
Mar 201201,113105.052.22$2,473
Feb 201201,059101.102.57$2,722
Jan 201201,13298.092.73$3,095
Dec 201101,14496.873.24$3,706
Nov 201101,13895.723.31$3,768
Oct 201101,17584.983.65$4,287
Sep 2011057883.623.99$2,304
Aug 201101,10383.404.15$4,577
Jul 201101,01894.144.52$4,599
Jun 201101,16692.904.64$5,410
May 201101,21898.134.40$5,365
Apr 201101,182105.964.33$5,122
Mar 201101,15296.364.06$4,674
Feb 201101,05185.644.18$4,393
Jan 201101,24886.504.59$5,727
Dec 201001,26685.734.35$5,504
Nov 201001,22480.843.80$4,645
Oct 201001,26378.103.51$4,432
Sep 201001,21872.633.98$4,847
Aug 201001,25773.684.42$5,555
Jul 201001,25072.554.74$5,921
Jun 201001,21970.364.91$5,986
May 201001,18571.124.24$5,019
Apr 201001,16681.694.12$4,807
Mar 2010011878.394.39$518
Feb 20100273.585.44$11
Jan 2010020274.365.96$1,205
Dec 200901,23371.445.48$6,761
Nov 200901,22074.593.75$4,577
Oct 200901,43272.544.11$5,886
Sep 200901,06065.543.06$3,249
Aug 200901,47767.423.22$4,754
Jul 200901,42861.133.46$4,947
Jun 200901,39766.163.90$5,441
May 200901,49854.743.93$5,881
Apr 200901,46346.773.59$5,249
Mar 200901,52842.144.06$6,202
Feb 200901,41232.814.63$6,542
Jan 200901,66635.865.37$8,948
Dec 200801,75037.105.98$10,460
Nov 200801,69755.496.86$11,642
Oct 200801,64575.246.92$11,387
Sep 200801,895101.767.88$14,927
Aug 200802,061114.228.48$17,484
Jul 200802,089131.0811.39$23,793
Jun 200802,204131.3313.03$28,724
May 200801,717123.1711.57$19,873
Apr 200802,613110.3110.45$27,319
Mar 200802,959101.909.66$28,596
Feb 200802,93992.538.77$25,777
Jan 200803,54990.388.21$29,122
Dec 200704,22888.337.30$30,873
Nov 200704,23691.677.29$30,888
Oct 200705,03782.856.92$34,866
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 200701,10058.747.85$8,631
Apr 200702,29459.617.81$17,905
Mar 200702,50656.927.30$18,299
Feb 200701,99555.108.22$16,391
Jan 200702,62250.306.73$17,638
Dec 200602,63056.656.92$18,196
Nov 200602,48254.207.62$18,907
Oct 200602,68954.906.01$16,171
Sep 200602,56260.085.04$12,905
Aug 200602,89568.717.34$21,249
Jul 200602,78369.376.34$17,652
Jun 200602,68966.286.38$17,166
May 200602,86266.016.42$18,388
Apr 200602,86964.397.36$21,117
Mar 200603,15256.707.08$22,325
Feb 200602,73657.597.75$21,207
Jan 200603,24160.598.93$28,953
Dec 200503,02254.9413.42$40,541
Nov 200502,85854.6910.59$30,262
Oct 200502,99658.3413.80$41,332
Sep 200503,42461.4512.08$41,359
Aug 200503,56161.519.80$34,887
Jul 200503,61355.697.84$28,339
Jun 200503,92652.337.38$28,978
May 200503,89645.226.65$25,913
Apr 200503,97049.207.36$29,221
Mar 200504,67250.377.15$33,428
Feb 200504,27445.226.31$26,977
Jan 200505,82043.166.32$36,795
Dec 200406,54839.866.75$44,206
Nov 200407,59145.286.33$48,054
Oct 200404,70249.706.52$30,634
Sep 200404,59943.245.28$24,301
Aug 200404,17142.375.55$23,152
Jul 200404,58938.286.08$27,920
Jun 200404,94536.106.43$31,811
May 200405,11837.486.49$33,239
Apr 200404,49834.475.86$26,351
Mar 200404,94534.365.53$27,347
Feb 200404,32832.455.51$23,846
Jan 200404,90632.036.30$30,906
Dec 200304,79530.266.30$30,216
Nov 200304,98328.804.60$22,898
Oct 200305,46828.174.76$26,026
Sep 200305,40826.314.75$25,685
Aug 200306,53129.765.13$33,502
Jul 200305,92029.415.17$30,611
Jun 200303628.565.98$215
May 2003045026.595.97$2,688
Apr 200304,61526.675.41$24,955
Mar 200306,74031.146.10$41,087
Feb 200326,47533.487.93$51,387
Jan 200307,88530.315.58$44,014
Dec 200227,82926.914.85$38,054
Nov 200208,19324.664.14$33,894
Oct 200228,01426.464.23$33,945
Sep 200218,38827.443.64$30,520
Aug 200229,44825.963.16$29,947
Jul 2002010,17424.583.06$31,150
Jun 2002210,79323.733.34$36,077
May 2002312,34824.663.58$44,329
Apr 2002315,92723.653.51$56,012
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$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.

Jan 2018 — as filed, then multipliedworked
Condensate             0 bbl  × $ 62.87 =         $0
Gas                   45 Mcf  × $  4.01 =       $180

────────────────────────────────────────────────────
Month total                                     $180

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/187368 is the state's own key, not one this site invented.