BUCK 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 226623District 09Field 65280200GasSaveExport
Value, all time
$5.6 M
Sep 2006 – Jun 2017
Value, last 12 filed months
$0
at the published price for each month
Months reported
130
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
GasProduction923,945 Mcf$5,641,171
Total$5,641,171

Every month this lease reported (130)

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

130 months

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 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 2016041.622.92$0
Jun 2016045.352.69$0
May 2016042.521.99$0
Apr 2016036.561.99$0
Mar 201617533.011.79$314
Feb 20163926.472.06$80
Jan 2016027.352.36$0
Dec 2015032.362.00$0
Nov 201541638.792.17$902
Oct 20151,06243.552.43$2,577
Sep 20151,79042.992.76$4,938
Aug 20153,34540.162.87$9,608
Jul 20153,32448.152.95$9,789
Jun 20152,64356.152.88$7,619
May 20151,67755.212.96$4,956
Apr 201589149.822.71$2,412
Mar 20152,71642.892.93$7,971
Feb 20152,89944.662.98$8,628
Jan 20154,62243.433.10$14,331
Dec 20141,65154.693.59$5,929
Nov 20141,89970.464.25$8,074
Oct 201476678.303.90$2,988
Sep 20141,36486.164.05$5,518
Aug 20142,63589.394.04$10,633
Jul 20142,79796.564.18$11,690
Jun 20143,57798.164.74$16,944
May 20143,02294.734.73$14,284
Apr 20142,93195.944.81$14,096
Mar 20142,42695.895.06$12,268
Feb 20143,24897.406.19$20,112
Jan 20143,36090.404.86$16,332
Dec 20133,59491.824.35$15,650
Nov 20131,50088.853.74$5,607
Oct 20132,95797.423.78$11,176
Sep 20134,172104.113.72$15,510
Aug 20135,443104.253.52$19,174
Jul 20134,253102.523.72$15,812
Jun 201324894.403.93$975
May 201368394.834.15$2,834
Apr 201396593.964.28$4,133
Mar 20133,69993.623.91$14,474
Feb 20136,42791.233.42$21,980
Jan 20136,40991.603.42$21,918
Dec 20126,83786.773.42$23,384
Nov 20121,75686.953.62$6,365
Oct 20124289.383.40$143
Sep 201231594.672.92$919
Aug 201289392.662.91$2,597
Jul 20121,82385.133.02$5,507
Jun 20121,15579.822.52$2,909
May 201246691.612.49$1,160
Apr 20121,660101.652.00$3,315
Mar 20126,386105.052.22$14,190
Feb 2012984101.102.57$2,529
Jan 20129,09998.092.73$24,877
Dec 20117,23996.873.24$23,452
Nov 20118,13895.723.31$26,947
Oct 20114,38784.983.65$16,006
Sep 2011083.623.99$0
Aug 2011083.404.15$0
Jul 2011094.144.52$0
Jun 20116,51092.904.64$30,206
May 20119,08598.134.40$40,018
Apr 20118,748105.964.33$37,908
Mar 201186196.364.06$3,493
Feb 20112,13485.644.18$8,920
Jan 20119,19486.504.59$42,189
Dec 20106,86285.734.35$29,834
Nov 201046980.843.80$1,780
Oct 201071678.103.51$2,512
Sep 20105,17072.633.98$20,574
Aug 20109,45273.684.42$41,772
Jul 201010,29172.554.74$48,743
Jun 201010,30670.364.91$50,607
May 201011,06571.124.24$46,863
Apr 201011,08581.694.12$45,700
Mar 201011,74478.394.39$51,541
Feb 201010,91173.585.44$59,382
Jan 201012,16374.365.96$72,541
Dec 200911,28971.445.48$61,906
Nov 200911,71474.593.75$43,945
Oct 20099,80572.544.11$40,301
Sep 200910,86865.543.06$33,308
Aug 20098,91067.423.22$28,677
Jul 20099,65761.133.46$33,457
Jun 200912,28966.163.90$47,866
May 200913,26654.743.93$52,079
Apr 20099,63246.773.59$34,555
Mar 200912,72842.144.06$51,663
Feb 200912,94932.814.63$59,993
Jan 200914,27435.865.37$76,666
Dec 200815,46037.105.98$92,407
Nov 200814,21555.496.86$97,520
Oct 200815,15075.246.92$104,868
Sep 200816,888101.767.88$133,028
Aug 200815,815114.228.48$134,159
Jul 200819,642131.0811.39$223,711
Jun 200820,387131.3313.03$265,696
May 200815,184123.1711.57$175,744
Apr 20087,217110.3110.45$75,453
Mar 20089,578101.909.66$92,562
Feb 200811,70792.538.77$102,677
Jan 20089,35990.388.21$76,797
Dec 20079,97688.337.30$72,844
Nov 20079,91291.677.29$72,275
Oct 200710,74582.856.92$74,377
Sep 200711,80775.846.24$73,725
Aug 200712,63369.066.39$80,699
Jul 200723,45470.906.39$149,823
Jun 200720,78762.007.55$156,910
May 200721,42558.747.85$168,107
Apr 200722,20059.617.81$173,275
Mar 200723,87756.927.30$174,349
Feb 200723,38855.108.22$192,156
Jan 200729,15150.306.73$196,094
Dec 200630,97456.656.92$214,292
Nov 200636,68154.207.62$279,417
Oct 200645,13754.906.01$271,445
Sep 200624460.085.04$1,229

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.

Mar 2016 — as filed, then multipliedworked
Gas                  175 Mcf  × $  1.79 =       $314

────────────────────────────────────────────────────
Month total                                     $314

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/226623 is the state's own key, not one this site invented.