EDWIN MEEK 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 231607District 09Field 65280200GasSaveExport
Value, all time
$1.2 M
Jul 2007 – May 2014
Value, last 12 filed months
$22 k
at the published price for each month
Months reported
83
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
GasProduction191,525 Mcf$1,215,073
Total$1,215,073

Every month this lease reported (83)

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

83 months

May 2014094.734.73$0
Apr 2014095.944.81$0
Mar 2014095.895.06$0
Feb 201486197.406.19$5,331
Jan 201477090.404.86$3,743
Dec 20131,48591.824.35$6,466
Nov 2013088.853.74$0
Oct 201389797.423.78$3,390
Sep 2013421104.113.72$1,565
Aug 20132104.253.52$7
Jul 2013277102.523.72$1,030
Jun 2013294.403.93$8
May 201356294.834.15$2,332
Apr 20131493.964.28$60
Mar 201357393.623.91$2,242
Feb 20131991.233.42$65
Jan 201339391.603.42$1,344
Dec 2012086.773.42$0
Nov 20121,14586.953.62$4,151
Oct 2012089.383.40$0
Sep 201239194.672.92$1,141
Aug 2012092.662.91$0
Jul 2012085.133.02$0
Jun 201215379.822.52$385
May 2012991.612.49$22
Apr 2012416101.652.00$831
Mar 20120105.052.22$0
Feb 201289101.102.57$229
Jan 201261698.092.73$1,684
Dec 201149896.873.24$1,613
Nov 201154095.723.31$1,788
Oct 20111,90784.983.65$6,958
Sep 20111,85183.623.99$7,378
Aug 20111,96583.404.15$8,153
Jul 20111,83294.144.52$8,276
Jun 20112,39592.904.64$11,113
May 20111,58798.134.40$6,990
Apr 2011793105.964.33$3,436
Mar 20111,59296.364.06$6,459
Feb 20111,64685.644.18$6,880
Jan 20111,98386.504.59$9,100
Dec 201049885.734.35$2,165
Nov 201054080.843.80$2,049
Oct 20102,54578.103.51$8,930
Sep 20101,90272.633.98$7,569
Aug 20101,58873.684.42$7,018
Jul 201097772.554.74$4,628
Jun 2010070.364.91$0
May 2010071.124.24$0
Apr 2010081.694.12$0
Mar 201047578.394.39$2,085
Feb 20102,15973.585.44$11,750
Jan 20102,16974.365.96$12,936
Dec 20092,04771.445.48$11,225
Nov 20092,76174.593.75$10,358
Oct 20093,45372.544.11$14,193
Sep 20091,33065.543.06$4,076
Aug 20093,08067.423.22$9,913
Jul 20092,75661.133.46$9,548
Jun 20093,08966.163.90$12,032
May 20094,30654.743.93$16,904
Apr 20094,40946.773.59$15,817
Mar 20094,40242.144.06$17,868
Feb 20093,91532.814.63$18,138
Jan 20092,74435.865.37$14,738
Dec 20084,30937.105.98$25,756
Nov 20084,41155.496.86$30,261
Oct 20085,56675.246.92$38,528
Sep 20083,974101.767.88$31,304
Aug 20084,228114.228.48$35,866
Jul 20083,428131.0811.39$39,043
Jun 20083,920131.3313.03$51,088
May 20083,732123.1711.57$43,195
Apr 20084,402110.3110.45$46,022
Mar 20086,226101.909.66$60,169
Feb 20086,49392.538.77$56,947
Jan 20086,08890.388.21$49,956
Dec 20078,51188.337.30$62,147
Nov 20079,22891.677.29$67,288
Oct 200712,12382.856.92$83,915
Sep 20076,76775.846.24$42,254
Aug 200710,12669.066.39$64,684
Jul 20079,16470.906.39$58,539

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.

Feb 2014 — as filed, then multipliedworked
Gas                  861 Mcf  × $  6.19 =     $5,331

────────────────────────────────────────────────────
Month total                                   $5,331

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/231607 is the state's own key, not one this site invented.