SANDLIN, CHARLES

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 227432District 09Field 65280200CondensateGasSaveExport
Value, all time
$3.7 M
Mar 2007 – Jun 2018
Value, last 12 filed months
$6 k
at the published price for each month
Months reported
136
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
CondensateDisposition4,725 bbl$370,948
GasProduction542,137 Mcf$3,352,930
Total$3,723,878

Every month this lease reported (136)

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

136 months

Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 2018067362.874.01$2,698
Dec 20170057.272.92$0
Nov 2017034155.423.12$1,063
Oct 20170049.292.98$0
Sep 2017039747.523.09$1,226
Aug 20170045.373.00$0
Jul 2017036443.873.09$1,124
Jun 20170042.493.09$0
May 201701,15445.373.26$3,766
Apr 20170047.933.21$0
Mar 201701,97546.772.98$5,893
Feb 2017473050.452.95$2,460
Jan 201701,13749.413.42$3,887
Dec 20160048.763.72$0
Nov 201601,35742.492.64$3,588
Oct 20160046.193.09$0
Sep 2016063941.553.10$1,981
Aug 20160041.442.92$0
Jul 201601,12941.622.92$3,302
Jun 201609245.352.69$247
May 20160042.521.99$0
Apr 201601,29136.561.99$2,570
Mar 20160033.011.79$0
Feb 2016062826.472.06$1,296
Jan 20160027.352.36$0
Dec 2015083932.362.00$1,679
Nov 2015028738.792.17$622
Oct 2015066643.552.43$1,616
Sep 201501642.992.76$44
Aug 2015087940.162.87$2,525
Jul 201501,00548.152.95$2,960
Jun 20150056.152.88$0
May 201501,32955.212.96$3,928
Apr 201506949.822.71$187
Mar 201501042.892.93$29
Feb 2015039644.662.98$1,179
Jan 201501,16743.433.10$3,618
Dec 201401,38754.693.59$4,981
Nov 201401,43870.464.25$6,114
Oct 201401,58078.303.90$6,164
Sep 201401,13386.164.05$4,583
Aug 201401,43289.394.04$5,778
Jul 20141131,09096.564.18$15,467
Jun 201401,47398.164.74$6,977
May 201401,62094.734.73$7,657
Apr 201401,55095.944.81$7,454
Mar 201401,70495.895.06$8,617
Feb 201401,57597.406.19$9,752
Jan 201401,84190.404.86$8,949
Dec 201301,81791.824.35$7,912
Nov 201302,14488.853.74$8,015
Oct 201301,10297.423.78$4,165
Sep 201301,421104.113.72$5,283
Aug 201301,785104.253.52$6,288
Jul 201302,267102.523.72$8,428
Jun 201301,07694.403.93$4,232
May 201301,99094.834.15$8,257
Apr 201301,94693.964.28$8,334
Mar 201302,31393.623.91$9,050
Feb 201301,98691.233.42$6,792
Jan 20131821,31691.603.42$21,172
Dec 201202,01986.773.42$6,905
Nov 2012038786.953.62$1,403
Oct 201202,03389.383.40$6,912
Sep 201202,23794.672.92$6,528
Aug 201202,28392.662.91$6,639
Jul 201202,08285.133.02$6,289
Jun 201202,55079.822.52$6,424
May 201202,58791.612.49$6,437
Apr 201202,609101.652.00$5,210
Mar 201202,811105.052.22$6,246
Feb 201202,465101.102.57$6,336
Jan 201202,75798.092.73$7,538
Dec 201103,02696.873.24$9,803
Nov 201103,13595.723.31$10,381
Oct 20110084.983.65$0
Sep 201102,75083.623.99$10,961
Aug 201102,62583.404.15$10,892
Jul 201103,11994.144.52$14,089
Jun 201102,86192.904.64$13,275
May 201103,13398.134.40$13,800
Apr 201102,987105.964.33$12,944
Mar 201103,29196.364.06$13,353
Feb 20111572,95285.644.18$25,785
Jan 201103,65086.504.59$16,749
Dec 201003,92385.734.35$17,056
Nov 201003,64780.843.80$13,842
Oct 201003,09278.103.51$10,849
Sep 201003,97672.633.98$15,822
Aug 201003,94373.684.42$17,426
Jul 201003,69772.554.74$17,511
Jun 20101864,04770.364.91$32,959
May 201004,46171.124.24$18,893
Apr 201004,64381.694.12$19,142
Mar 201003,54578.394.39$15,558
Feb 201002,90973.585.44$15,832
Jan 201003,58974.365.96$21,405
Dec 200903,78171.445.48$20,734
Nov 20091185,37774.593.75$28,973
Oct 200905,22972.544.11$21,493
Sep 200905,47465.543.06$16,776
Aug 200905,79167.423.22$18,638
Jul 200905,97861.133.46$20,711
Jun 20091856,07966.163.90$35,917
May 200906,32554.743.93$24,830
Apr 200906,40946.773.59$22,992
Mar 20091916,16242.144.06$33,060
Feb 200906,33232.814.63$29,336
Jan 200907,86035.865.37$42,216
Dec 20081797,31337.105.98$50,352
Nov 200808,19155.496.86$56,193
Oct 20081728,75175.246.92$73,516
Sep 200808,572101.767.88$67,522
Aug 20081759,205114.228.48$98,075
Jul 20081889,412131.0811.39$131,840
Jun 200809,600131.3313.03$125,113
May 2008010,480123.1711.57$121,299
Apr 20081949,707110.3110.45$122,885
Mar 20081999,861101.909.66$115,575
Feb 200808,73492.538.77$76,602
Jan 200835110,24790.388.21$115,808
Dec 200716815,03488.337.30$124,617
Nov 2007015,52991.677.29$113,233
Oct 200738417,08282.856.92$150,056
Sep 200718916,17775.846.24$115,346
Aug 200719519,14469.066.39$135,757
Jul 200739921,65870.906.39$166,639
Jun 200719021,79062.007.55$176,261
May 200737624,40858.747.85$213,598
Apr 200718725,55759.617.81$210,625
Mar 2007022,21156.927.30$162,184

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.

Jan 2018 — as filed, then multipliedworked
Condensate             0 bbl  × $ 62.87 =         $0
Gas                  673 Mcf  × $  4.01 =     $2,698

────────────────────────────────────────────────────
Month total                                   $2,698

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/227432 is the state's own key, not one this site invented.