DURANT NORTH UNIT

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 224532District 09Field 65280200CondensateGasSaveExport
Value, all time
$2.6 M
Oct 2006 – May 2017
Value, last 12 filed months
$54 k
at the published price for each month
Months reported
128
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
CondensateDisposition3,375 bbl$233,368
GasProduction443,413 Mcf$2,369,619
Total$2,602,987

Every month this lease reported (128)

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

128 months

May 20170045.373.26$0
Apr 20172247.933.21$102
Mar 201737946.772.98$1,757
Feb 20170050.452.95$0
Jan 201701,45949.413.42$4,988
Dec 2016095748.763.72$3,563
Nov 201601,49342.492.64$3,948
Oct 201601,69846.193.09$5,247
Sep 20161542,39141.553.10$13,812
Aug 201602,33541.442.92$6,828
Jul 201602,43341.622.92$7,115
Jun 201602,38345.352.69$6,400
May 201601,90242.521.99$3,787
Apr 201602,30036.561.99$4,579
Mar 201602,72433.011.79$4,887
Feb 201602,79426.472.06$5,766
Jan 201602,78527.352.36$6,585
Dec 201502,54432.362.00$5,092
Nov 201502,87838.792.17$6,238
Oct 201503,26843.552.43$7,930
Sep 201502,71142.992.76$7,478
Aug 201502,33640.162.87$6,710
Jul 201501,89848.152.95$5,590
Jun 201502,27256.152.88$6,550
May 201502,08955.212.96$6,174
Apr 201502,76349.822.71$7,478
Mar 201503,27642.892.93$9,614
Feb 20151152,84444.662.98$13,600
Jan 201502,27743.433.10$7,060
Dec 201403,61054.693.59$12,965
Nov 201403,55170.464.25$15,098
Oct 201403,97578.303.90$15,506
Sep 201402,72486.164.05$11,020
Aug 201402,39389.394.04$9,656
Jul 201402,21896.564.18$9,270
Jun 201402,28898.164.74$10,838
May 201401,74494.734.73$8,243
Apr 201401,92595.944.81$9,258
Mar 201402,22795.895.06$11,261
Feb 201401,61397.406.19$9,988
Jan 201402,03090.404.86$9,867
Dec 201302,00991.824.35$8,748
Nov 201302,80488.853.74$10,482
Oct 201303,90297.423.78$14,747
Sep 201302,557104.113.72$9,506
Aug 201301,506104.253.52$5,305
Jul 201302,811102.523.72$10,451
Jun 201302,42194.403.93$9,523
May 201302,55494.834.15$10,597
Apr 201302,19293.964.28$9,387
Mar 201301,86793.623.91$7,305
Feb 201301,68191.233.42$5,749
Jan 201302,86491.603.42$9,795
Dec 201202,44086.773.42$8,345
Nov 201202,04586.953.62$7,413
Oct 201202,53289.383.40$8,608
Sep 201202,82094.672.92$8,230
Aug 20121142,49492.662.91$17,816
Jul 201201,82085.133.02$5,498
Jun 201201,99179.822.52$5,015
May 201202,10591.612.49$5,238
Apr 201202,666101.652.00$5,323
Mar 201202,829105.052.22$6,286
Feb 201202,627101.102.57$6,752
Jan 201202,17598.092.73$5,947
Dec 201102,39496.873.24$7,756
Nov 20111323,04295.723.31$22,708
Oct 201103,58184.983.65$13,065
Sep 201103,31683.623.99$13,217
Aug 201102,60083.404.15$10,788
Jul 201102,69994.144.52$12,192
Jun 201102,80092.904.64$12,992
May 201102,89998.134.40$12,770
Apr 201101,888105.964.33$8,181
Mar 201101,80496.364.06$7,319
Feb 201101,53085.644.18$6,395
Jan 20111433,17686.504.59$26,943
Dec 201002,42585.734.35$10,543
Nov 201002,56480.843.80$9,731
Oct 201002,05078.103.51$7,193
Sep 201002,79872.633.98$11,135
Aug 201003,07673.684.42$13,594
Jul 201003,15972.554.74$14,963
Jun 201002,89870.364.91$14,230
May 201002,87771.124.24$12,185
Apr 201003,85981.694.12$15,909
Mar 201003,41278.394.39$14,974
Feb 201003,25473.585.44$17,709
Jan 20101282,96874.365.96$27,220
Dec 200903,48371.445.48$19,100
Nov 20091492,47374.593.75$20,391
Oct 200902,19172.544.11$9,006
Sep 200903,08565.543.06$9,455
Aug 200904,47467.423.22$14,400
Jul 200904,79661.133.46$16,616
Jun 200903,44466.163.90$13,414
May 200903,48554.743.93$13,681
Apr 20091892,69546.773.59$18,508
Mar 200903,47942.144.06$14,121
Feb 200903,43132.814.63$15,896
Jan 20091964,00635.865.37$28,545
Dec 200803,54937.105.98$21,213
Nov 200803,92855.496.86$26,947
Oct 200804,23575.246.92$29,315
Sep 20081904,867101.767.88$57,672
Aug 200804,690114.228.48$39,785
Jul 200804,928131.0811.39$56,127
Jun 200804,665131.3313.03$60,797
May 20081924,418123.1711.57$74,784
Apr 200804,947110.3110.45$51,720
Mar 200804,032101.909.66$38,966
Feb 20081474,00392.538.77$48,711
Jan 20081455,38390.388.21$57,277
Dec 200704,73288.337.30$34,553
Nov 200705,63291.677.29$41,067
Oct 200704,10582.856.92$28,415
Sep 20072006,73875.846.24$57,241
Aug 200708,15769.066.39$52,106
Jul 2007010,06470.906.39$64,288
Jun 200705,48362.007.55$41,388
May 20071796,85258.747.85$64,277
Apr 200707,07459.617.81$55,214
Mar 20071968,74656.927.30$75,019
Feb 200708,43955.108.22$69,335
Jan 20071898,34650.306.73$65,649
Dec 200617911,51256.656.92$89,785
Nov 200620215,33754.207.62$127,778
Oct 200619723,60954.906.01$152,795

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.

Apr 2017 — as filed, then multipliedworked
Condensate             2 bbl  × $ 47.93 =        $96
Gas                    2 Mcf  × $  3.21 =         $6

────────────────────────────────────────────────────
Month total                                     $102

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/224532 is the state's own key, not one this site invented.