G.A.D. PARTNERS

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 196937District 09Field 65280200GasSaveExport
Value, all time
$5.2 M
May 2003 – Feb 2017
Value, last 12 filed months
$16 k
at the published price for each month
Months reported
166
no gaps in the span
Streams
1
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
GasProduction880,673 Mcf$5,246,438
Total$5,246,438

Every month this lease reported (166)

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

166 months

Feb 2017050.452.95$0
Jan 2017049.413.42$0
Dec 2016048.763.72$0
Nov 2016042.492.64$0
Oct 2016046.193.09$0
Sep 2016041.553.10$0
Aug 2016041.442.92$0
Jul 20164341.622.92$126
Jun 20161,60745.352.69$4,316
May 20162,31542.521.99$4,609
Apr 20161,96036.561.99$3,902
Mar 20161,71533.011.79$3,077
Feb 20162,18226.472.06$4,503
Jan 20162,40027.352.36$5,674
Dec 20152,36332.362.00$4,729
Nov 20152,21238.792.17$4,794
Oct 20152,41943.552.43$5,870
Sep 20152,24642.992.76$6,195
Aug 20152,53940.162.87$7,293
Jul 20152,59148.152.95$7,631
Jun 20152,47156.152.88$7,124
May 20152,77955.212.96$8,213
Apr 20152,48449.822.71$6,723
Mar 20152,47342.892.93$7,258
Feb 20152,26844.662.98$6,750
Jan 20152,69243.433.10$8,347
Dec 20142,70854.693.59$9,725
Nov 20142,60370.464.25$11,068
Oct 20142,84378.303.90$11,090
Sep 20142,77086.164.05$11,206
Aug 20142,89189.394.04$11,666
Jul 20142,63396.564.18$11,005
Jun 20142,67998.164.74$12,690
May 20142,97694.734.73$14,066
Apr 20142,90295.944.81$13,956
Mar 20143,04195.895.06$15,378
Feb 20142,82897.406.19$17,511
Jan 20142,95190.404.86$14,344
Dec 20132,80891.824.35$12,227
Nov 20133,04988.853.74$11,398
Oct 20133,11397.423.78$11,765
Sep 20133,050104.113.72$11,339
Aug 20133,191104.253.52$11,241
Jul 20133,224102.523.72$11,986
Jun 20133,15794.403.93$12,418
May 20133,24494.834.15$13,460
Apr 20133,21593.964.28$13,769
Mar 20133,32993.623.91$13,026
Feb 20133,06891.233.42$10,492
Jan 20133,58191.603.42$12,247
Dec 20123,59386.773.42$12,289
Nov 20123,45886.953.62$12,535
Oct 20123,53989.383.40$12,031
Sep 20123,13194.672.92$9,138
Aug 20123,37192.662.91$9,803
Jul 20123,07485.133.02$9,286
Jun 20122,83079.822.52$7,129
May 20122,70391.612.49$6,726
Apr 20122,462101.652.00$4,916
Mar 20122,506105.052.22$5,569
Feb 20121,309101.102.57$3,364
Jan 201218698.092.73$509
Dec 201116396.873.24$528
Nov 201139695.723.31$1,311
Oct 20112,30884.983.65$8,421
Sep 20112,14983.623.99$8,565
Aug 20113,14383.404.15$13,041
Jul 20113,46794.144.52$15,661
Jun 20113,13092.904.64$14,523
May 20114,22898.134.40$18,624
Apr 20114,017105.964.33$17,407
Mar 20114,11696.364.06$16,700
Feb 20113,71985.644.18$15,545
Jan 20114,10386.504.59$18,828
Dec 20103,44385.734.35$14,969
Nov 20103,86080.843.80$14,650
Oct 20105,03078.103.51$17,650
Sep 20104,78172.633.98$19,026
Aug 20104,83273.684.42$21,354
Jul 20104,84472.554.74$22,944
Jun 20104,56970.364.91$22,436
May 20105,39271.124.24$22,836
Apr 20104,90781.694.12$20,230
Mar 20105,00878.394.39$21,978
Feb 20104,45473.585.44$24,240
Jan 20105,21674.365.96$31,109
Dec 20095,32171.445.48$29,179
Nov 20095,21074.593.75$19,545
Oct 20095,70372.544.11$23,441
Sep 20096,04965.543.06$18,539
Aug 20094,44567.423.22$14,306
Jul 20095,55961.133.46$19,259
Jun 20095,62366.163.90$21,902
May 20097,89254.743.93$30,982
Apr 20097,14046.773.59$25,615
Mar 20097,93042.144.06$32,188
Feb 20096,90932.814.63$32,009
Jan 20099,56035.865.37$51,347
Dec 200811,60337.105.98$69,353
Nov 200813,94255.496.86$95,647
Oct 20085,67075.246.92$39,248
Sep 20086,583101.767.88$51,855
Aug 20086,480114.228.48$54,970
Jul 20085,181131.0811.39$59,009
Jun 20084,870131.3313.03$63,469
May 20084,934123.1711.57$57,108
Apr 20085,118110.3110.45$53,508
Mar 20085,255101.909.66$50,785
Feb 20085,29392.538.77$46,423
Jan 20086,53590.388.21$53,624
Dec 20077,64788.337.30$55,838
Nov 200712,78691.677.29$93,232
Oct 200712,57482.856.92$87,037
Sep 20074,63075.846.24$28,910
Aug 20074,96769.066.39$31,729
Jul 20074,78170.906.39$30,541
Jun 20074,11862.007.55$31,085
May 20075,21958.747.85$40,950
Apr 20075,56759.617.81$43,452
Mar 20075,14256.927.30$37,547
Feb 20074,00255.108.22$32,880
Jan 20074,66350.306.73$31,367
Dec 20065,18556.656.92$35,872
Nov 20065,89854.207.62$44,928
Oct 20066,71054.906.01$40,353
Sep 20066,29060.085.04$31,684
Aug 20066,17268.717.34$45,302
Jul 20065,25069.376.34$33,299
Jun 20065,60866.286.38$35,801
May 20066,18366.016.42$39,726
Apr 20066,46564.397.36$47,586
Mar 20066,98056.707.08$49,439
Feb 20066,48457.597.75$50,258
Jan 20066,99660.598.93$62,498
Dec 20057,01454.9413.42$94,096
Nov 20057,04454.6910.59$74,585
Oct 20057,77458.3413.80$107,248
Sep 20057,78761.4512.08$94,059
Aug 20057,43361.519.80$72,820
Jul 20057,49355.697.84$58,772
Jun 20057,22552.337.38$53,328
May 20057,80245.226.65$51,892
Apr 20056,97249.207.36$51,317
Mar 20058,14350.377.15$58,262
Feb 20056,86545.226.31$43,331
Jan 20059,42843.166.32$59,606
Dec 200410,35139.866.75$69,880
Nov 200411,18445.286.33$70,799
Oct 200415,35349.706.52$100,026
Sep 200419,04643.245.28$100,637
Aug 200411,29042.375.55$62,667
Jul 200411,48838.286.08$69,895
Jun 200413,28436.106.43$85,456
May 200415,37837.486.49$99,874
Apr 200415,80034.475.86$92,564
Mar 200417,31434.365.53$95,749
Feb 200420,97532.455.51$115,564
Jan 200431,34532.036.30$197,462
Dec 200333,29330.266.30$209,801
Nov 200317,42028.804.60$80,048
Oct 2003028.174.76$0
Sep 2003026.314.75$0
Aug 2003029.765.13$0
Jul 2003029.415.17$0
Jun 2003028.565.98$0
May 2003026.595.97$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.

Jul 2016 — as filed, then multipliedworked
Gas                   43 Mcf  × $  2.92 =       $126

────────────────────────────────────────────────────
Month total                                     $126

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/196937 is the state's own key, not one this site invented.