DEATON, C. R. 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 239210District 09Field 65280200CondensateGasSaveExport
Value, all time
$415 k
Mar 2008 – Jan 2010
Value, last 12 filed months
$37 k
at the published price for each month
Months reported
23
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
CondensateDisposition225 bbl$20,052
GasProduction45,102 Mcf$394,893
Total$414,945

Every month this lease reported (23)

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

23 months

Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 200970061.133.46$4,279
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 200902546.773.59$90
Mar 200903,29042.144.06$13,354
Feb 200904,19732.814.63$19,445
Jan 200902,69335.865.37$14,464
Dec 2008094237.105.98$5,630
Nov 2008096855.496.86$6,641
Oct 200804,40475.246.92$30,484
Sep 20081554,755101.767.88$53,228
Aug 200805,627114.228.48$47,734
Jul 200806,458131.0811.39$73,553
Jun 200808,362131.3313.03$108,979
May 200802,287123.1711.57$26,470
Apr 2008026110.3110.45$272
Mar 200801,068101.909.66$10,321

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 2009 — as filed, then multipliedworked
Condensate            70 bbl  × $ 61.13 =     $4,279
Gas                    0 Mcf  × $  3.46 =         $0

────────────────────────────────────────────────────
Month total                                   $4,279

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/239210 is the state's own key, not one this site invented.