SMELLEY

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 202294District 09Field 65280200CondensateGasSaveExport
Value, all time
$3.0 M
Mar 2004 – May 2017
Value, last 12 filed months
$13 k
at the published price for each month
Months reported
159
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
CondensateDisposition1,486 bbl$118,443
GasProduction455,925 Mcf$2,927,197
Total$3,045,641

Every month this lease reported (159)

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

159 months

May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20161148.763.72$52
Nov 20162273142.492.64$2,868
Oct 20160046.193.09$0
Sep 2016055941.553.10$1,733
Aug 201605041.442.92$146
Jul 20160041.622.92$0
Jun 20161711245.352.69$7,787
May 201601,69942.521.99$3,383
Apr 201601,11136.561.99$2,212
Mar 201601,42333.011.79$2,553
Feb 201601,65426.472.06$3,413
Jan 201601,67227.352.36$3,953
Dec 201501,08632.362.00$2,174
Nov 201501,87338.792.17$4,059
Oct 201502,10943.552.43$5,118
Sep 201502,12742.992.76$5,867
Aug 201501,97740.162.87$5,679
Jul 201502,08148.152.95$6,129
Jun 201502,05656.152.88$5,927
May 201502,04255.212.96$6,035
Apr 201502,04249.822.71$5,527
Mar 201502,13842.892.93$6,274
Feb 201501,78344.662.98$5,307
Jan 201501,94443.433.10$6,028
Dec 201402,00154.693.59$7,186
Nov 201401,93170.464.25$8,210
Oct 201402,08278.303.90$8,122
Sep 201402,11486.164.05$8,552
Aug 201402,12989.394.04$8,591
Jul 201402,12596.564.18$8,882
Jun 201402,23698.164.74$10,592
May 201401,80994.734.73$8,550
Apr 20141772,00995.944.81$26,643
Mar 201402,22495.895.06$11,246
Feb 201401,98897.406.19$12,310
Jan 201402,08890.404.86$10,149
Dec 201301,94691.824.35$8,474
Nov 201301,40688.853.74$5,256
Oct 201301,99997.423.78$7,555
Sep 201302,002104.113.72$7,443
Aug 201302,022104.253.52$7,123
Jul 201302,182102.523.72$8,112
Jun 201302,06594.403.93$8,122
May 201302,31194.834.15$9,589
Apr 201301,87593.964.28$8,030
Mar 201302,16793.623.91$8,479
Feb 201302,50491.233.42$8,563
Jan 201302,02891.603.42$6,936
Dec 201202,11886.773.42$7,244
Nov 201202,31486.953.62$8,388
Oct 201202,35589.383.40$8,006
Sep 201202,09594.672.92$6,114
Aug 201202,26992.662.91$6,599
Jul 201202,29185.133.02$6,921
Jun 2012702,03379.822.52$10,709
May 201202,28191.612.49$5,676
Apr 201202,576101.652.00$5,144
Mar 201202,764105.052.22$6,142
Feb 201202,383101.102.57$6,125
Jan 201202,44398.092.73$6,679
Dec 201102,38296.873.24$7,717
Nov 201102,75995.723.31$9,136
Oct 201102,59884.983.65$9,479
Sep 201102,54283.623.99$10,132
Aug 201102,69383.404.15$11,174
Jul 201101,86094.144.52$8,402
Jun 201102,21792.904.64$10,287
May 201102,69798.134.40$11,880
Apr 20111021,888105.964.33$18,989
Mar 201101,95696.364.06$7,936
Feb 201101,75485.644.18$7,332
Jan 201102,04086.504.59$9,361
Dec 201002,14585.734.35$9,326
Nov 201002,73480.843.80$10,376
Oct 201002,03278.103.51$7,130
Sep 2010571,88972.633.98$11,657
Aug 201002,11173.684.42$9,329
Jul 201002,28272.554.74$10,809
Jun 201001,99370.364.91$9,786
May 201002,09271.124.24$8,860
Apr 20101872,46181.694.12$25,422
Mar 201002,44378.394.39$10,722
Feb 201002,36773.585.44$12,882
Jan 201002,67074.365.96$15,924
Dec 200902,15971.445.48$11,839
Nov 200903,18474.593.75$11,945
Oct 200903,61672.544.11$14,863
Sep 200903,15265.543.06$9,660
Aug 200903,88567.423.22$12,504
Jul 200903,47961.133.46$12,053
Jun 20091191,99066.163.90$15,624
May 200901,86654.743.93$7,325
Apr 200902,44746.773.59$8,779
Mar 200902,43642.144.06$9,888
Feb 200901,71032.814.63$7,922
Jan 200901,70035.865.37$9,131
Dec 200802,07437.105.98$12,397
Nov 200803,09855.496.86$21,253
Oct 200803,60875.246.92$24,975
Sep 200803,593101.767.88$28,302
Aug 200803,454114.228.48$29,300
Jul 200803,424131.0811.39$38,997
Jun 20081842,807131.3313.03$60,747
May 200803,054123.1711.57$35,348
Apr 200802,655110.3110.45$27,758
Mar 200802,458101.909.66$23,754
Feb 200801,97792.538.77$17,339
Jan 200802,49090.388.21$20,432
Dec 200702,42788.337.30$17,722
Nov 200702,68591.677.29$19,578
Oct 200702,94782.856.92$20,399
Sep 200702,77375.846.24$17,315
Aug 200702,19169.066.39$13,996
Jul 20071784,29370.906.39$40,044
Jun 200704,08962.007.55$30,866
May 200704,56158.747.85$35,787
Apr 200704,42659.617.81$34,546
Mar 200705,33456.927.30$38,949
Feb 20072014,54955.108.22$48,450
Jan 200703,29550.306.73$22,165
Dec 200605,82656.656.92$40,307
Nov 200605,87354.207.62$44,737
Oct 200607,77754.906.01$46,769
Sep 200606,79160.085.04$34,208
Aug 200606,98268.717.34$51,247
Jul 2006177,81669.376.34$50,754
Jun 200606,21466.286.38$39,669
May 200606,20166.016.42$39,841
Apr 200606,13064.397.36$45,120
Mar 200608,02856.707.08$56,862
Feb 200608,05557.597.75$62,435
Jan 200609,82960.598.93$87,806
Dec 200507,72754.9413.42$103,661
Nov 200506,40154.6910.59$67,776
Oct 2005012,07958.3413.80$166,639
Sep 2005012,90461.4512.08$155,867
Aug 2005019,22761.519.80$188,364
Jul 2005014,37455.697.84$112,744
Jun 2005023,86552.337.38$176,149
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$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.

Dec 2016 — as filed, then multipliedworked
Condensate             1 bbl  × $ 48.76 =        $49
Gas                    1 Mcf  × $  3.72 =         $4

────────────────────────────────────────────────────
Month total                                      $52

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/202294 is the state's own key, not one this site invented.