GUTTRY FAMILY

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 240923District 09Field 65280200GasSaveExport
Value, all time
$2.8 M
Apr 2008 – Jan 2016
Value, last 12 filed months
$44 k
at the published price for each month
Months reported
94
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
GasProduction468,833 Mcf$2,816,582
Total$2,816,582

Every month this lease reported (94)

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

94 months

Jan 2016027.352.36$0
Dec 2015032.362.00$0
Nov 2015038.792.17$0
Oct 2015043.552.43$0
Sep 2015042.992.76$0
Aug 2015040.162.87$0
Jul 2015048.152.95$0
Jun 20152,27256.152.88$6,550
May 20152,69155.212.96$7,953
Apr 20153,75349.822.71$10,158
Mar 20153,48442.892.93$10,225
Feb 20152,92144.662.98$8,693
Jan 20153,49343.433.10$10,831
Dec 20143,34254.693.59$12,002
Nov 20143,61270.464.25$15,358
Oct 20143,76278.303.90$14,675
Sep 20143,99386.164.05$16,153
Aug 20144,56389.394.04$18,412
Jul 20143,51396.564.18$14,683
Jun 20144,09498.164.74$19,393
May 20144,19494.734.73$19,823
Apr 20144,54895.944.81$21,872
Mar 20144,71795.895.06$23,853
Feb 20143,72297.406.19$23,047
Jan 20144,64490.404.86$22,573
Dec 20134,49591.824.35$19,573
Nov 20136,46288.853.74$24,157
Oct 20135,94897.423.78$22,480
Sep 20135,870104.113.72$21,823
Aug 20136,226104.253.52$21,932
Jul 20138,056102.523.72$29,950
Jun 20134,84194.403.93$19,042
May 20134,93894.834.15$20,488
Apr 20134,04393.964.28$17,315
Mar 20134,50093.623.91$17,608
Feb 20133,72991.233.42$12,753
Jan 20132,10491.603.42$7,195
Dec 20122,02886.773.42$6,936
Nov 20123,23986.953.62$11,741
Oct 20122,99589.383.40$10,182
Sep 20123,58494.672.92$10,460
Aug 20123,34192.662.91$9,716
Jul 20123,48585.133.02$10,527
Jun 20124,24479.822.52$10,691
May 20125,39291.612.49$13,417
Apr 20124,230101.652.00$8,446
Mar 20120105.052.22$0
Feb 20120101.102.57$0
Jan 2012098.092.73$0
Dec 2011096.873.24$0
Nov 201192695.723.31$3,066
Oct 20112,96384.983.65$10,811
Sep 20111,44283.623.99$5,748
Aug 201183483.404.15$3,461
Jul 201122394.144.52$1,007
Jun 20111,74992.904.64$8,115
May 20111,10798.134.40$4,876
Apr 2011111105.964.33$481
Mar 2011096.364.06$0
Feb 201133285.644.18$1,388
Jan 201131686.504.59$1,450
Dec 20104685.734.35$200
Nov 20102,76380.843.80$10,487
Oct 20106,12578.103.51$21,492
Sep 20105,96672.633.98$23,742
Aug 20108,12273.684.42$35,894
Jul 20106,30672.554.74$29,868
Jun 20107,52070.364.91$36,926
May 20108,15571.124.24$34,538
Apr 20107,88981.694.12$32,524
Mar 20102,89778.394.39$12,714
Feb 20104,57273.585.44$24,882
Jan 20104,72174.365.96$28,156
Dec 20097,53571.445.48$41,320
Nov 20094,95974.593.75$18,604
Oct 20093,53072.544.11$14,509
Sep 20096,66365.543.06$20,420
Aug 20097,98267.423.22$25,690
Jul 200913,40061.133.46$46,424
Jun 200914,03366.163.90$54,659
May 200944054.743.93$1,727
Apr 20091746.773.59$61
Mar 20096,30542.144.06$25,592
Feb 200982632.814.63$3,827
Jan 200917,56335.865.37$94,331
Dec 200813,32537.105.98$79,645
Nov 200825055.496.86$1,715
Oct 200811,48975.246.92$79,527
Sep 200816,604101.767.88$130,791
Aug 20082,403114.228.48$20,385
Jul 200814,242131.0811.39$162,208
Jun 200826,984131.3313.03$351,672
May 200834,385123.1711.57$397,982
Apr 200829,745110.3110.45$310,980

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.

Jun 2015 — as filed, then multipliedworked
Gas                2,272 Mcf  × $  2.88 =     $6,550

────────────────────────────────────────────────────
Month total                                   $6,550

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/240923 is the state's own key, not one this site invented.