THORMANN GU

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 227600District 09Field 65280200CondensateGasSaveExport
Value, all time
$651 k
Mar 2007 – Oct 2014
Value, last 12 filed months
$0
at the published price for each month
Months reported
92
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
CondensateDisposition1,378 bbl$108,210
GasProduction90,904 Mcf$542,546
Total$650,756

Every month this lease reported (92)

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

92 months

Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 20130227102.523.72$844
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 2013035193.964.28$1,503
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 2013049091.603.42$1,676
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120989.383.40$31
Sep 2012011794.672.92$341
Aug 201217819592.662.91$17,061
Jul 2012087485.133.02$2,640
Jun 201201,04279.822.52$2,625
May 201201,07791.612.49$2,680
Apr 20120999101.652.00$1,995
Mar 201201,071105.052.22$2,380
Feb 201201,038101.102.57$2,668
Jan 201201,23298.092.73$3,368
Dec 201101,24896.873.24$4,043
Nov 201101,22195.723.31$4,043
Oct 201101,30084.983.65$4,743
Sep 201101,05883.623.99$4,217
Aug 201101,12383.404.15$4,660
Jul 201101,19394.144.52$5,389
Jun 201101,16792.904.64$5,415
May 201101,37498.134.40$6,052
Apr 20110743105.964.33$3,220
Mar 2011077296.364.06$3,132
Feb 2011060285.644.18$2,516
Jan 2011084386.504.59$3,868
Dec 201018651285.734.35$18,172
Nov 2010072380.843.80$2,744
Oct 2010068078.103.51$2,386
Sep 2010052172.633.98$2,073
Aug 2010083173.684.42$3,672
Jul 2010096772.554.74$4,580
Jun 201001,00670.364.91$4,940
May 2010089171.124.24$3,774
Apr 201001,02581.694.12$4,226
Mar 20101011,09878.394.39$12,736
Feb 201001,02573.585.44$5,578
Jan 201001,08374.365.96$6,459
Dec 2009099471.445.48$5,451
Nov 200901,07974.593.75$4,048
Oct 200901,13172.544.11$4,649
Sep 200901,12165.543.06$3,436
Aug 200901,21467.423.22$3,907
Jul 20091811,13961.133.46$15,011
Jun 200901,00966.163.90$3,930
May 2009090654.743.93$3,557
Apr 200901,05546.773.59$3,785
Mar 200901,23242.144.06$5,001
Feb 200901,13332.814.63$5,249
Jan 200901,41235.865.37$7,584
Dec 200801,24737.105.98$7,453
Nov 20081871,13855.496.86$18,184
Oct 200801,60075.246.92$11,075
Sep 200801,089101.767.88$8,578
Aug 200801,264114.228.48$10,723
Jul 200801,942131.0811.39$22,118
Jun 200801,428131.3313.03$18,611
May 200801,446123.1711.57$16,736
Apr 200801,423110.3110.45$14,877
Mar 20081791,036101.909.66$28,252
Feb 200801,31092.538.77$11,489
Jan 200804,14190.388.21$33,980
Dec 200702,48188.337.30$18,116
Nov 200702,22791.677.29$16,239
Oct 20071861,40082.856.92$25,101
Sep 200702,48575.846.24$15,517
Aug 200702,89569.066.39$18,493
Jul 20071802,49970.906.39$28,725
Jun 200703,53962.007.55$26,714
May 200705,21058.747.85$40,879
Apr 200703,95159.617.81$30,838
Mar 20070056.927.30$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.

Jul 2013 — as filed, then multipliedworked
Condensate             0 bbl  × $102.52 =         $0
Gas                  227 Mcf  × $  3.72 =       $844

────────────────────────────────────────────────────
Month total                                     $844

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/227600 is the state's own key, not one this site invented.