SUGAR TREE

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 235154District 09Field 65280200CondensateGasSaveExport
Value, all time
$1.7 M
Aug 2007 – Jul 2018
Value, last 12 filed months
$0
at the published price for each month
Months reported
132
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
CondensateDisposition896 bbl$79,393
GasProduction289,037 Mcf$1,633,261
Total$1,712,654

Every month this lease reported (132)

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

132 months

Jul 20180065.142.93$0
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 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20161048.763.72$49
Nov 201621042.492.64$892
Oct 20160046.193.09$0
Sep 201605341.553.10$164
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 2016012445.352.69$333
May 20160042.521.99$0
Apr 2016014536.561.99$289
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 201607427.352.36$175
Dec 20150732.362.00$14
Nov 2015011638.792.17$251
Oct 20150043.552.43$0
Sep 201502442.992.76$66
Aug 201509440.162.87$270
Jul 20150048.152.95$0
Jun 201502556.152.88$72
May 2015023655.212.96$697
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 201508544.662.98$253
Jan 201506643.433.10$205
Dec 2014061654.693.59$2,212
Nov 2014063870.464.25$2,713
Oct 2014068278.303.90$2,660
Sep 2014065786.164.05$2,658
Aug 201402,95789.394.04$11,932
Jul 201401,39996.564.18$5,847
Jun 201401,67398.164.74$7,925
May 201402,03194.734.73$9,600
Apr 20141011,50195.944.81$16,908
Mar 201402,10895.895.06$10,660
Feb 201401,55997.406.19$9,653
Jan 2014076790.404.86$3,728
Dec 201301,34391.824.35$5,848
Nov 201301,59988.853.74$5,978
Oct 201301,54197.423.78$5,824
Sep 201301,934104.113.72$7,190
Aug 201302,069104.253.52$7,288
Jul 201301,915102.523.72$7,119
Jun 201301,86194.403.93$7,320
May 201302,35394.834.15$9,763
Apr 201302,57793.964.28$11,036
Mar 201302,67193.623.91$10,451
Feb 201301,45891.233.42$4,986
Jan 2013067191.603.42$2,295
Dec 201202,43986.773.42$8,342
Nov 201202,81486.953.62$10,201
Oct 201203,81389.383.40$12,963
Sep 201203,32994.672.92$9,715
Aug 201203,50492.662.91$10,190
Jul 201203,45285.133.02$10,428
Jun 201202,85279.822.52$7,184
May 201203,39591.612.49$8,448
Apr 201202,786101.652.00$5,563
Mar 201203,420105.052.22$7,600
Feb 201203,019101.102.57$7,760
Jan 201203,28598.092.73$8,981
Dec 201132,53296.873.24$8,494
Nov 2011613,16595.723.31$16,319
Oct 201103,61884.983.65$13,200
Sep 201101,61783.623.99$6,445
Aug 201102,58183.404.15$10,709
Jul 201102,82794.144.52$12,770
Jun 201103,17192.904.64$14,713
May 201103,09598.134.40$13,633
Apr 201102,544105.964.33$11,024
Mar 201102,68996.364.06$10,910
Feb 201101,98385.644.18$8,289
Jan 20111903,19786.504.59$31,105
Dec 201001,72385.734.35$7,491
Nov 201002,63680.843.80$10,004
Oct 201002,65278.103.51$9,306
Sep 201002,80172.633.98$11,147
Aug 201002,46273.684.42$10,880
Jul 201002,89772.554.74$13,722
Jun 201002,88670.364.91$14,171
May 201003,06571.124.24$12,981
Apr 201002,87681.694.12$11,857
Mar 201003,05878.394.39$13,421
Feb 201002,69573.585.44$14,667
Jan 201002,39474.365.96$14,278
Dec 200902,19071.445.48$12,009
Nov 200903,60874.593.75$13,535
Oct 20091803,41572.544.11$27,094
Sep 200903,17665.543.06$9,734
Aug 200904,04167.423.22$13,006
Jul 200902,16661.133.46$7,504
Jun 200902,30066.163.90$8,959
May 200903,41254.743.93$13,395
Apr 200903,48146.773.59$12,488
Mar 200904,04442.144.06$16,415
Feb 200902,14932.814.63$9,956
Jan 200902,56835.865.37$13,793
Dec 200804,14037.105.98$24,745
Nov 200803,43055.496.86$23,531
Oct 200804,90075.246.92$33,918
Sep 20081925,017101.767.88$59,057
Aug 200805,314114.228.48$45,079
Jul 200807,061131.0811.39$80,421
Jun 200806,013131.3313.03$78,365
May 200806,633123.1711.57$76,772
Apr 200806,440110.3110.45$67,329
Mar 200808,027101.909.66$77,573
Feb 20081475,09992.538.77$58,323
Jan 2008010,05890.388.21$82,533
Dec 200706,63988.337.30$48,478
Nov 2007012,55291.677.29$91,525
Oct 2007012,60082.856.92$87,217
Sep 200703,57275.846.24$22,304
Aug 200702,09169.066.39$13,357

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 2016 — as filed, then multipliedworked
Condensate             1 bbl  × $ 48.76 =        $49
Gas                    0 Mcf  × $  3.72 =         $0

────────────────────────────────────────────────────
Month total                                      $49

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/235154 is the state's own key, not one this site invented.