BRITE

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 246122District 09Field 65280200CondensateGasSaveExport
Value, all time
$1.9 M
Jun 2008 – Feb 2016
Value, last 12 filed months
$472
at the published price for each month
Months reported
93
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
CondensateDisposition1,414 bbl$100,121
GasProduction346,770 Mcf$1,770,344
Total$1,870,466

Every month this lease reported (93)

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

93 months

Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 2015012340.162.87$353
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 201504055.212.96$118
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 2014022286.164.05$898
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 201405698.164.74$265
May 2014042294.734.73$1,995
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 2014086397.406.19$5,344
Jan 2014022390.404.86$1,084
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 2013010497.423.78$393
Sep 201300104.113.72$0
Aug 20130168104.253.52$592
Jul 20130168102.523.72$625
Jun 20130094.403.93$0
May 2013065894.834.15$2,730
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 2013057391.233.42$1,960
Jan 201309391.603.42$318
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 2012029189.383.40$989
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20121693,94185.133.02$26,292
Jun 201204,36379.822.52$10,991
May 201204,95191.612.49$12,320
Apr 201201,766101.652.00$3,526
Mar 201205,428105.052.22$12,061
Feb 201205,170101.102.57$13,288
Jan 20121774,66698.092.73$30,119
Dec 201105,68896.873.24$18,428
Nov 201105,20295.723.31$17,225
Oct 201106,13284.983.65$22,373
Sep 201106,13783.623.99$24,461
Aug 201105,60083.404.15$23,236
Jul 201106,18594.144.52$27,939
Jun 201105,30492.904.64$24,610
May 201105,90598.134.40$26,010
Apr 20111684,813105.964.33$38,657
Mar 201104,78096.364.06$19,394
Feb 201104,10385.644.18$17,150
Jan 201105,34486.504.59$24,522
Dec 201005,52885.734.35$24,034
Nov 201005,36480.843.80$20,358
Oct 201005,73578.103.51$20,123
Sep 201004,36172.633.98$17,354
Aug 20101755,30273.684.42$36,325
Jul 201005,77472.554.74$27,348
Jun 201005,79670.364.91$28,461
May 201006,11671.124.24$25,903
Apr 201005,06881.694.12$20,894
Mar 201007,24378.394.39$31,787
Feb 201006,19173.585.44$33,694
Jan 20101577,74174.365.96$57,843
Dec 200907,53671.445.48$41,326
Nov 200907,62874.593.75$28,616
Oct 200901,25372.544.11$5,150
Sep 200904,85865.543.06$14,889
Aug 200909,40667.423.22$30,273
Jul 200917510,22961.133.46$46,136
Jun 200909,49266.163.90$36,971
May 200908,17454.743.93$32,089
Apr 200909,19046.773.59$32,969
Mar 20091939,52342.144.06$46,787
Feb 2009011,18932.814.63$51,839
Jan 200920011,57335.865.37$69,331
Dec 200809,92437.105.98$59,317
Nov 2008010,66655.496.86$73,173
Oct 2008012,52875.246.92$86,719
Sep 2008013,902101.767.88$109,507
Aug 20080921114.228.48$7,813
Jul 2008021,775131.0811.39$248,005
Jun 200807,302131.3313.03$95,164

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.

Aug 2015 — as filed, then multipliedworked
Condensate             0 bbl  × $ 40.16 =         $0
Gas                  123 Mcf  × $  2.87 =       $353

────────────────────────────────────────────────────
Month total                                     $353

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/246122 is the state's own key, not one this site invented.