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 196938District 09Field 65280200GasSaveExport
Value, all time
$3.2 M
Jun 2003 – Feb 2017
Value, last 12 filed months
$9 k
at the published price for each month
Months reported
165
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
GasProduction520,588 Mcf$3,213,719
Total$3,213,719

Every month this lease reported (165)

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

165 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 20162941.622.92$85
Jun 201684245.352.69$2,261
May 20161,22542.521.99$2,439
Apr 20161,25136.561.99$2,491
Mar 20161,22733.011.79$2,201
Feb 20161,09726.472.06$2,264
Jan 20161,24827.352.36$2,951
Dec 20151,20932.362.00$2,420
Nov 20151,15138.792.17$2,495
Oct 20151,18643.552.43$2,878
Sep 20151,12042.992.76$3,089
Aug 20151,22840.162.87$3,527
Jul 20151,21848.152.95$3,587
Jun 20151,20356.152.88$3,468
May 20151,22555.212.96$3,620
Apr 20151,17649.822.71$3,183
Mar 20151,12142.892.93$3,290
Feb 20151,34044.662.98$3,988
Jan 20151,28543.433.10$3,984
Dec 20141,40054.693.59$5,028
Nov 20141,39670.464.25$5,936
Oct 20141,40778.303.90$5,489
Sep 20141,32986.164.05$5,376
Aug 20141,32089.394.04$5,326
Jul 20141,24396.564.18$5,195
Jun 201473498.164.74$3,477
May 201455594.734.73$2,623
Apr 201453695.944.81$2,578
Mar 201466795.895.06$3,373
Feb 201450197.406.19$3,102
Jan 201494990.404.86$4,613
Dec 201397791.824.35$4,254
Nov 20131,59888.853.74$5,974
Oct 20131,69897.423.78$6,417
Sep 20131,672104.113.72$6,216
Aug 20131,696104.253.52$5,974
Jul 20131,756102.523.72$6,528
Jun 20131,73494.403.93$6,821
May 20131,77794.834.15$7,373
Apr 20131,73493.964.28$7,426
Mar 20131,68293.623.91$6,581
Feb 20131,53891.233.42$5,260
Jan 20131,65991.603.42$5,674
Dec 20121,70986.773.42$5,845
Nov 20121,76986.953.62$6,413
Oct 20121,98389.383.40$6,742
Sep 20121,87594.672.92$5,472
Aug 20121,91892.662.91$5,578
Jul 20121,39085.133.02$4,199
Jun 20121,21479.822.52$3,058
May 201253591.612.49$1,331
Apr 201248101.652.00$96
Mar 201259105.052.22$131
Feb 201248101.102.57$123
Jan 20122798.092.73$74
Dec 201123996.873.24$774
Nov 201111095.723.31$364
Oct 201151884.983.65$1,890
Sep 20111,82083.623.99$7,254
Aug 20111,60883.404.15$6,672
Jul 20112,26994.144.52$10,250
Jun 20112,27692.904.64$10,560
May 20112,45898.134.40$10,827
Apr 20111,992105.964.33$8,632
Mar 20112,36396.364.06$9,587
Feb 20111,85585.644.18$7,754
Jan 20112,23586.504.59$10,256
Dec 20102,43585.734.35$10,587
Nov 20102,28680.843.80$8,676
Oct 20102,75278.103.51$9,656
Sep 20102,69772.633.98$10,733
Aug 20102,66673.684.42$11,782
Jul 20102,67672.554.74$12,675
Jun 20102,59870.364.91$12,757
May 20102,78071.124.24$11,774
Apr 20102,80381.694.12$11,556
Mar 20102,90278.394.39$12,736
Feb 20102,64473.585.44$14,390
Jan 20102,89874.365.96$17,284
Dec 20092,86671.445.48$15,716
Nov 20093,00874.593.75$11,285
Oct 20093,03072.544.11$12,454
Sep 20092,81265.543.06$8,618
Aug 20092,46367.423.22$7,927
Jul 20093,18761.133.46$11,041
Jun 20092,68766.163.90$10,466
May 20093,54054.743.93$13,897
Apr 20093,09746.773.59$11,110
Mar 20093,50542.144.06$14,227
Feb 20093,41832.814.63$15,836
Jan 20094,41235.865.37$23,697
Dec 200810,62637.105.98$63,513
Nov 200810,70455.496.86$73,433
Oct 20082,05575.246.92$14,225
Sep 20083,585101.767.88$28,239
Aug 20083,885114.228.48$32,957
Jul 20083,138131.0811.39$35,740
Jun 20082,731131.3313.03$35,592
May 20082,958123.1711.57$34,237
Apr 20082,936110.3110.45$30,695
Mar 20083,209101.909.66$31,012
Feb 20083,12392.538.77$27,391
Jan 20083,00290.388.21$24,634
Dec 20073,90388.337.30$28,500
Nov 20074,65291.677.29$33,921
Oct 20071,20482.856.92$8,334
Sep 20072,59175.846.24$16,179
Aug 20073,10869.066.39$19,854
Jul 20072,53870.906.39$16,213
Jun 20072,65962.007.55$20,071
May 20073,67058.747.85$28,796
Apr 20073,74059.617.81$29,191
Mar 20073,99756.927.30$29,186
Feb 20073,70455.108.22$30,432
Jan 20074,07050.306.73$27,378
Dec 20064,35356.656.92$30,116
Nov 20064,29154.207.62$32,687
Oct 20063,97954.906.01$23,929
Sep 20064,32560.085.04$21,786
Aug 20064,54468.717.34$33,353
Jul 20064,70769.376.34$29,855
Jun 20064,47566.286.38$28,568
May 20064,81366.016.42$30,924
Apr 20064,84564.397.36$35,662
Mar 20065,24756.707.08$37,164
Feb 20064,80857.597.75$37,267
Jan 20065,25660.598.93$46,954
Dec 20055,28254.9413.42$70,860
Nov 20055,12154.6910.59$54,223
Oct 20055,33258.3413.80$73,559
Sep 20055,73561.4512.08$69,273
Aug 20055,95761.519.80$58,360
Jul 20056,10955.697.84$47,917
Jun 20055,58452.337.38$41,216
May 20056,43945.226.65$42,827
Apr 20056,02849.207.36$44,369
Mar 20056,02950.377.15$43,137
Feb 20055,55045.226.31$35,031
Jan 20056,56843.166.32$41,524
Dec 20046,71139.866.75$45,307
Nov 20047,89245.286.33$49,960
Oct 20049,13449.706.52$59,509
Sep 200413,45743.245.28$71,105
Aug 20044,20842.375.55$23,357
Jul 20047,13838.286.08$43,429
Jun 20049,10436.106.43$58,566
May 20049,65237.486.49$62,686
Apr 200410,24134.475.86$59,996
Mar 200411,89934.365.53$65,803
Feb 200412,71332.455.51$70,044
Jan 200415,38632.036.30$96,926
Dec 200318,24930.266.30$114,999
Nov 200312,22028.804.60$56,153
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

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                   29 Mcf  × $  2.92 =        $85

────────────────────────────────────────────────────
Month total                                      $85

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/196938 is the state's own key, not one this site invented.