HOWELL, CHARLES

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 248117District 09Field 65280200GasSaveExport
Value, all time
$2.2 M
Feb 2008 – May 2012
Value, last 12 filed months
$919
at the published price for each month
Months reported
52
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
GasProduction225,464 Mcf$2,202,629
Total$2,202,629

Every month this lease reported (52)

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

52 months

May 2012091.612.49$0
Apr 20120101.652.00$0
Mar 20120105.052.22$0
Feb 20120101.102.57$0
Jan 2012098.092.73$0
Dec 2011096.873.24$0
Nov 20114795.723.31$156
Oct 20113384.983.65$120
Sep 20112583.623.99$100
Aug 20111883.404.15$75
Jul 20114194.144.52$185
Jun 20116192.904.64$283
May 20115098.134.40$220
Apr 2011114105.964.33$494
Mar 201111596.364.06$467
Feb 20111185.644.18$46
Jan 201154786.504.59$2,510
Dec 201012485.734.35$539
Nov 201014280.843.80$539
Oct 201020178.103.51$705
Sep 201029172.633.98$1,158
Aug 201029873.684.42$1,317
Jul 201034372.554.74$1,625
Jun 201038470.364.91$1,886
May 201035571.124.24$1,504
Apr 201032281.694.12$1,328
Mar 201032378.394.39$1,418
Feb 201039773.585.44$2,161
Jan 201051174.365.96$3,048
Dec 200947471.445.48$2,599
Nov 200939074.593.75$1,463
Oct 200950772.544.11$2,084
Sep 200952765.543.06$1,615
Aug 200960367.423.22$1,941
Jul 200958761.133.46$2,034
Jun 200949166.163.90$1,912
May 200923154.743.93$907
Apr 2009046.773.59$0
Mar 20095942.144.06$239
Feb 20091,90532.814.63$8,826
Jan 20092,33535.865.37$12,541
Dec 20082,89337.105.98$17,292
Nov 20083,29555.496.86$22,605
Oct 20083,15475.246.92$21,832
Sep 20083,303101.767.88$26,018
Aug 20084,080114.228.48$34,611
Jul 20088,504131.0811.39$96,856
Jun 20084,546131.3313.03$59,246
May 200838,314123.1711.57$443,457
Apr 200852,176110.3110.45$545,493
Mar 200875,354101.909.66$728,226
Feb 200816,98392.538.77$148,951

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.

Nov 2011 — as filed, then multipliedworked
Gas                   47 Mcf  × $  3.31 =       $156

────────────────────────────────────────────────────
Month total                                     $156

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/248117 is the state's own key, not one this site invented.