BOYD, ARVEL

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 223250District 09Field 65280200GasSaveExport
Value, all time
$882 k
Jun 2006 – Oct 2011
Value, last 12 filed months
$11 k
at the published price for each month
Months reported
65
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
GasProduction134,042 Mcf$881,889
Total$881,889

Every month this lease reported (65)

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

65 months

Oct 2011084.983.65$0
Sep 2011083.623.99$0
Aug 2011083.404.15$0
Jul 2011094.144.52$0
Jun 2011092.904.64$0
May 2011098.134.40$0
Apr 20110105.964.33$0
Mar 2011096.364.06$0
Feb 2011085.644.18$0
Jan 2011086.504.59$0
Dec 201095585.734.35$4,152
Nov 20101,76380.843.80$6,691
Oct 20101,77978.103.51$6,242
Sep 20102,18972.633.98$8,711
Aug 20101,28373.684.42$5,670
Jul 201068472.554.74$3,240
Jun 20101,49570.364.91$7,341
May 20101,45671.124.24$6,166
Apr 2010081.694.12$0
Mar 20101,00878.394.39$4,424
Feb 20101,87273.585.44$10,188
Jan 20102,22374.365.96$13,258
Dec 20092,64971.445.48$14,526
Nov 20092,93574.593.75$11,011
Oct 20093,15472.544.11$12,964
Sep 20092,85065.543.06$8,735
Aug 20091,40267.423.22$4,512
Jul 20093,06861.133.46$10,629
Jun 20093,58966.163.90$13,979
May 20092,39954.743.93$9,418
Apr 20093,14846.773.59$11,293
Mar 20092,98342.144.06$12,108
Feb 20092,69532.814.63$12,486
Jan 20093,94135.865.37$21,167
Dec 20082,99737.105.98$17,913
Nov 20084,20555.496.86$28,848
Oct 20084,94275.246.92$34,208
Sep 20085,488101.767.88$43,229
Aug 20080114.228.48$0
Jul 20083,585131.0811.39$40,831
Jun 20081,289131.3313.03$16,799
May 20083,074123.1711.57$35,579
Apr 20084,706110.3110.45$49,201
Mar 20087,859101.909.66$75,950
Feb 20081,24492.538.77$10,911
Jan 20081,52390.388.21$12,497
Dec 2007088.337.30$0
Nov 2007091.677.29$0
Oct 2007082.856.92$0
Sep 2007075.846.24$0
Aug 2007069.066.39$0
Jul 2007070.906.39$0
Jun 2007062.007.55$0
May 2007058.747.85$0
Apr 20075,60959.617.81$43,779
Mar 20079,64756.927.30$70,442
Feb 20073,19355.108.22$26,234
Jan 200786350.306.73$5,805
Dec 2006056.656.92$0
Nov 2006054.207.62$0
Oct 2006054.906.01$0
Sep 2006060.085.04$0
Aug 20069,34468.717.34$68,584
Jul 200612,93969.376.34$82,069
Jun 20061566.286.38$96

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 2010 — as filed, then multipliedworked
Gas                  955 Mcf  × $  4.35 =     $4,152

────────────────────────────────────────────────────
Month total                                   $4,152

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/223250 is the state's own key, not one this site invented.