WILLIAMS, ROGER 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 229435District 09Field 65280200GasSaveExport
Value, all time
$765 k
Apr 2007 – Jun 2010
Value, last 12 filed months
$24 k
at the published price for each month
Months reported
39
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
GasProduction99,285 Mcf$765,119
Total$765,119

Every month this lease reported (39)

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

39 months

Jun 2010070.364.91$0
May 2010071.124.24$0
Apr 2010081.694.12$0
Mar 2010078.394.39$0
Feb 2010073.585.44$0
Jan 2010074.365.96$0
Dec 200940971.445.48$2,243
Nov 20091,26974.593.75$4,761
Oct 20091,38272.544.11$5,680
Sep 200991865.543.06$2,813
Aug 20091,31667.423.22$4,236
Jul 20091,23861.133.46$4,289
Jun 20091,27166.163.90$4,951
May 20091,24454.743.93$4,884
Apr 20091,43746.773.59$5,155
Mar 20091,20142.144.06$4,875
Feb 20091,12432.814.63$5,207
Jan 20091,94835.865.37$10,463
Dec 20081,31237.105.98$7,842
Nov 20083,48855.496.86$23,929
Oct 20083,14975.246.92$21,797
Sep 20083,716101.767.88$29,271
Aug 20084,585114.228.48$38,895
Jul 20084,422131.0811.39$50,364
Jun 20084,507131.3313.03$58,738
May 20084,236123.1711.57$49,029
Apr 20084,270110.3110.45$44,642
Mar 20083,419101.909.66$33,041
Feb 20083,64592.538.77$31,969
Jan 20084,18490.388.21$34,333
Dec 20073,65688.337.30$26,696
Nov 20073,28091.677.29$23,917
Oct 20073,51482.856.92$24,324
Sep 20073,76775.846.24$23,522
Aug 20074,02369.066.39$25,699
Jul 20075,49070.906.39$35,070
Jun 20076,38962.007.55$48,227
May 20077,21558.747.85$56,611
Apr 20072,26159.617.81$17,648

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.

Dec 2009 — as filed, then multipliedworked
Gas                  409 Mcf  × $  5.48 =     $2,243

────────────────────────────────────────────────────
Month total                                   $2,243

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/229435 is the state's own key, not one this site invented.