GREEN, HERSCHEL

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 246379District 09Field 65280200GasSaveExport
Value, all time
$1.4 M
Dec 2008 – Nov 2012
Value, last 12 filed months
$39 k
at the published price for each month
Months reported
48
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
GasProduction337,946 Mcf$1,422,179
Total$1,422,179

Every month this lease reported (48)

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

48 months

Nov 2012086.953.62$0
Oct 2012089.383.40$0
Sep 2012094.672.92$0
Aug 2012092.662.91$0
Jul 2012085.133.02$0
Jun 2012079.822.52$0
May 2012091.612.49$0
Apr 20121,599101.652.00$3,193
Mar 20122,837105.052.22$6,304
Feb 20122,502101.102.57$6,431
Jan 20124,83498.092.73$13,217
Dec 20112,94696.873.24$9,544
Nov 20116,45195.723.31$21,361
Oct 20115,81184.983.65$21,202
Sep 20114,01283.623.99$15,991
Aug 20115,38483.404.15$22,340
Jul 20112,23694.144.52$10,101
Jun 20113,69292.904.64$17,130
May 20114,27498.134.40$18,826
Apr 20115,207105.964.33$22,563
Mar 20116,69696.364.06$27,168
Feb 20113,23685.644.18$13,526
Jan 20119,20786.504.59$42,249
Dec 20103,86385.734.35$16,795
Nov 20106,12280.843.80$23,235
Oct 20107,12578.103.51$25,001
Sep 20105,08972.633.98$20,252
Aug 20101,91073.684.42$8,441
Jul 20106,35772.554.74$30,110
Jun 20106,30270.364.91$30,945
May 20109,18571.124.24$38,901
Apr 201010,28881.694.12$42,414
Mar 201011,34678.394.39$49,794
Feb 20107,01573.585.44$38,178
Jan 20107,08574.365.96$42,256
Dec 20098,52171.445.48$46,727
Nov 200912,71674.593.75$47,704
Oct 200913,86672.544.11$56,993
Sep 200910,21065.543.06$31,291
Aug 200913,77367.423.22$44,328
Jul 200918,39761.133.46$63,736
Jun 200910,09866.163.90$39,332
May 20093,29354.743.93$12,927
Apr 200911,83346.773.59$42,451
Mar 200920,13742.144.06$81,736
Feb 200925,52832.814.63$118,271
Jan 200935,83135.865.37$192,448
Dec 20081,13237.105.98$6,766

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.

Apr 2012 — as filed, then multipliedworked
Gas                1,599 Mcf  × $  2.00 =     $3,193

────────────────────────────────────────────────────
Month total                                   $3,193

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/246379 is the state's own key, not one this site invented.