SUDDERTH, BOB

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 226988District 09Field 65280200GasSaveExport
Value, all time
$1.8 M
Jan 2007 – Oct 2011
Value, last 12 filed months
$30 k
at the published price for each month
Months reported
58
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
GasProduction247,663 Mcf$1,792,289
Total$1,792,289

Every month this lease reported (58)

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

58 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 20111,25196.364.06$5,076
Feb 201155685.644.18$2,324
Jan 20112,10486.504.59$9,655
Dec 20101,52085.734.35$6,609
Nov 20101,60580.843.80$6,092
Oct 20102,41978.103.51$8,488
Sep 20102,73472.633.98$10,880
Aug 20102,55273.684.42$11,278
Jul 20101,49672.554.74$7,086
Jun 20101,95870.364.91$9,615
May 20102,99771.124.24$12,693
Apr 20102,34081.694.12$9,647
Mar 20101,47178.394.39$6,456
Feb 20102,82273.585.44$15,358
Jan 20102,91974.365.96$17,409
Dec 20093,06671.445.48$16,813
Nov 20091,72674.593.75$6,475
Oct 20092,33872.544.11$9,610
Sep 20092,97365.543.06$9,112
Aug 20092,56467.423.22$8,252
Jul 20092,77261.133.46$9,604
Jun 20093,47266.163.90$13,523
May 20093,30854.743.93$12,986
Apr 20093,24746.773.59$11,649
Mar 20095,29742.144.06$21,501
Feb 20095,02532.814.63$23,281
Jan 20095,85935.865.37$31,469
Dec 20085,39437.105.98$32,241
Nov 20086,02155.496.86$41,306
Oct 20086,36875.246.92$44,079
Sep 20086,458101.767.88$50,870
Aug 20086,869114.228.48$58,270
Jul 20086,355131.0811.39$72,380
Jun 20087,123131.3313.03$92,831
May 20088,190123.1711.57$94,793
Apr 20088,657110.3110.45$90,508
Mar 200810,977101.909.66$106,083
Feb 200813,78892.538.77$120,929
Jan 20089,13090.388.21$74,918
Dec 200711,20688.337.30$81,826
Nov 200717,12091.677.29$124,834
Oct 20075,98282.856.92$41,407
Sep 2007175.846.24$6
Aug 2007069.066.39$0
Jul 2007070.906.39$0
Jun 2007062.007.55$0
May 20071858.747.85$141
Apr 200712,16059.617.81$94,911
Mar 200711,50856.927.30$84,031
Feb 200717,02455.108.22$139,869
Jan 20074,92350.306.73$33,116

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 2011 — as filed, then multipliedworked
Gas                1,251 Mcf  × $  4.06 =     $5,076

────────────────────────────────────────────────────
Month total                                   $5,076

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/226988 is the state's own key, not one this site invented.