SHAW, RICHARD

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 223480District 09Field 65280200GasSaveExport
Value, all time
$1.3 M
Jun 2006 – Oct 2017
Value, last 12 filed months
$7 k
at the published price for each month
Months reported
137
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
GasProduction238,215 Mcf$1,315,258
Total$1,315,258

Every month this lease reported (137)

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

137 months

Oct 2017049.292.98$0
Sep 2017047.523.09$0
Aug 2017045.373.00$0
Jul 2017043.873.09$0
Jun 2017042.493.09$0
May 2017045.373.26$0
Apr 2017047.933.21$0
Mar 2017046.772.98$0
Feb 2017050.452.95$0
Jan 2017049.413.42$0
Dec 20161,84148.763.72$6,854
Nov 20166742.492.64$177
Oct 201646946.193.09$1,449
Sep 201678641.553.10$2,437
Aug 20163841.442.92$111
Jul 201650541.622.92$1,477
Jun 2016045.352.69$0
May 20167042.521.99$139
Apr 201664936.561.99$1,292
Mar 201665133.011.79$1,168
Feb 201621126.472.06$435
Jan 20161,59027.352.36$3,759
Dec 20154,23732.362.00$8,480
Nov 201513438.792.17$290
Oct 20152,66543.552.43$6,467
Sep 20153,58542.992.76$9,889
Aug 201564740.162.87$1,859
Jul 201593048.152.95$2,739
Jun 2015056.152.88$0
May 201515855.212.96$467
Apr 2015249.822.71$5
Mar 201581142.892.93$2,380
Feb 20157344.662.98$217
Jan 20151,23343.433.10$3,823
Dec 20147754.693.59$277
Nov 20141,49970.464.25$6,374
Oct 20141678.303.90$62
Sep 2014686.164.05$24
Aug 201497689.394.04$3,938
Jul 20141196.564.18$46
Jun 20141,36598.164.74$6,466
May 2014094.734.73$0
Apr 20149795.944.81$466
Mar 20141,52795.895.06$7,722
Feb 2014097.406.19$0
Jan 201493990.404.86$4,564
Dec 2013191.824.35$4
Nov 201364388.853.74$2,404
Oct 201366597.423.78$2,513
Sep 201325104.113.72$93
Aug 2013392104.253.52$1,381
Jul 2013123102.523.72$457
Jun 20139394.403.93$366
May 201339894.834.15$1,651
Apr 201339593.964.28$1,692
Mar 20131,63293.623.91$6,386
Feb 20131,72191.233.42$5,886
Jan 20131,87491.603.42$6,409
Dec 20121,97786.773.42$6,762
Nov 20121,74486.953.62$6,322
Oct 20121,83089.383.40$6,221
Sep 20122,01594.672.92$5,881
Aug 20122,15192.662.91$6,255
Jul 20122,17185.133.02$6,558
Jun 20121,31179.822.52$3,302
May 20121,20191.612.49$2,988
Apr 20121,924101.652.00$3,842
Mar 20121,323105.052.22$2,940
Feb 20121,834101.102.57$4,714
Jan 20122,04098.092.73$5,578
Dec 20112,07796.873.24$6,729
Nov 20111,81995.723.31$6,023
Oct 20111,78784.983.65$6,520
Sep 20111,56783.623.99$6,246
Aug 20111,70383.404.15$7,066
Jul 20111,89494.144.52$8,556
Jun 20111,85492.904.64$8,602
May 20112,11998.134.40$9,334
Apr 20111,215105.964.33$5,265
Mar 20111,30196.364.06$5,279
Feb 201190085.644.18$3,762
Jan 20111,13886.504.59$5,222
Dec 20101,47385.734.35$6,404
Nov 20101,43780.843.80$5,454
Oct 20101,54878.103.51$5,432
Sep 20101,34772.633.98$5,360
Aug 20101,67873.684.42$7,416
Jul 20101,43272.554.74$6,783
Jun 20101,46370.364.91$7,184
May 20101,33171.124.24$5,637
Apr 20101,67781.694.12$6,914
Mar 20101,43578.394.39$6,298
Feb 20102,01873.585.44$10,983
Jan 20102,00874.365.96$11,976
Dec 20092,15771.445.48$11,828
Nov 20091,62774.593.75$6,104
Oct 20091,44772.544.11$5,948
Sep 20091,57965.543.06$4,839
Aug 20091,61467.423.22$5,195
Jul 20091,47761.133.46$5,117
Jun 20091,56166.163.90$6,080
May 20092,38354.743.93$9,355
Apr 20092,95246.773.59$10,590
Mar 20093,24542.144.06$13,171
Feb 20092,69032.814.63$12,463
Jan 20093,21535.865.37$17,268
Dec 20083,42737.105.98$20,484
Nov 20083,54955.496.86$24,347
Oct 20083,26775.246.92$22,614
Sep 20082,969101.767.88$23,387
Aug 20082,032114.228.48$17,238
Jul 20081,603131.0811.39$18,257
Jun 20082,349131.3313.03$30,614
May 20082,838123.1711.57$32,848
Apr 20082,966110.3110.45$31,009
Mar 20083,184101.909.66$30,770
Feb 20082,85792.538.77$25,058
Jan 20083,38490.388.21$27,768
Dec 20073,24788.337.30$23,710
Nov 20073,36091.677.29$24,500
Oct 20073,37182.856.92$23,334
Sep 20073,74275.846.24$23,366
Aug 20074,11969.066.39$26,312
Jul 20074,16170.906.39$26,580
Jun 20072,59362.007.55$19,573
May 20073,30958.747.85$25,963
Apr 20073,32659.617.81$25,960
Mar 20073,81656.927.30$27,864
Feb 20073,41955.108.22$28,091
Jan 20074,43750.306.73$29,847
Dec 20065,10356.656.92$35,305
Nov 20065,45554.207.62$41,553
Oct 20065,73354.906.01$34,477
Sep 20065,96160.085.04$30,027
Aug 20066,96068.717.34$51,086
Jul 200610,16269.376.34$64,455
Jun 2006066.286.38$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.

Dec 2016 — as filed, then multipliedworked
Gas                1,841 Mcf  × $  3.72 =     $6,854

────────────────────────────────────────────────────
Month total                                   $6,854

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/223480 is the state's own key, not one this site invented.