BEUSTRING

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 250272District 09Field 65280200GasSaveExport
Value, all time
$3.6 M
Feb 2009 – Aug 2017
Value, last 12 filed months
$396
at the published price for each month
Months reported
103
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
GasProduction900,578 Mcf$3,623,134
Total$3,623,134

Every month this lease reported (103)

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

103 months

Aug 2017045.373.00$0
Jul 2017043.873.09$0
Jun 2017042.493.09$0
May 2017045.373.26$0
Apr 2017047.933.21$0
Mar 2017046.772.98$0
Feb 2017050.452.95$0
Jan 2017049.413.42$0
Dec 2016048.763.72$0
Nov 2016042.492.64$0
Oct 201612846.193.09$396
Sep 2016041.553.10$0
Aug 201617641.442.92$515
Jul 2016041.622.92$0
Jun 2016045.352.69$0
May 2016042.521.99$0
Apr 2016036.561.99$0
Mar 2016033.011.79$0
Feb 2016026.472.06$0
Jan 2016027.352.36$0
Dec 2015032.362.00$0
Nov 2015038.792.17$0
Oct 2015043.552.43$0
Sep 201553042.992.76$1,462
Aug 201554940.162.87$1,577
Jul 201565048.152.95$1,914
Jun 20151,20956.152.88$3,485
May 20153,23755.212.96$9,567
Apr 20155,21849.822.71$14,123
Mar 20156,41542.892.93$18,826
Feb 20154,92744.662.98$14,664
Jan 20153,54943.433.10$11,004
Dec 20141,25254.693.59$4,496
Nov 201437270.464.25$1,582
Oct 20144,30178.303.90$16,778
Sep 20144,11386.164.05$16,639
Aug 20144,00289.394.04$16,149
Jul 20144,79696.564.18$20,045
Jun 20143,71698.164.74$17,602
May 20144,43194.734.73$20,943
Apr 20147,15695.944.81$34,414
Mar 20146,65395.895.06$33,643
Feb 20148,22097.406.19$50,898
Jan 20142,45290.404.86$11,918
Dec 20136,03591.824.35$26,279
Nov 20138,25488.853.74$30,856
Oct 20138,33897.423.78$31,512
Sep 20132,814104.113.72$10,462
Aug 201310,480104.253.52$36,917
Jul 20139,788102.523.72$36,389
Jun 20138,03494.403.93$31,601
May 201312,04094.834.15$49,955
Apr 201312,23693.964.28$52,402
Mar 20137,82593.623.91$30,618
Feb 20137,75391.233.42$26,515
Jan 20137,34691.603.42$25,123
Dec 20128,99486.773.42$30,761
Nov 20124,75986.953.62$17,251
Oct 20123,04989.383.40$10,366
Sep 20125,40394.672.92$15,768
Aug 20124,43192.662.91$12,886
Jul 20129,77685.133.02$29,531
Jun 20121,89179.822.52$4,764
May 2012191.612.49$2
Apr 20127,670101.652.00$15,315
Mar 201213,793105.052.22$30,649
Feb 20129,646101.102.57$24,793
Jan 20126,13398.092.73$16,768
Dec 20117,69696.873.24$24,933
Nov 201114,35695.723.31$47,537
Oct 201114,19884.983.65$51,802
Sep 201110,93083.623.99$43,565
Aug 201116,29683.404.15$67,617
Jul 201115,78894.144.52$71,318
Jun 201113,07092.904.64$60,643
May 201114,69598.134.40$64,729
Apr 201114,040105.964.33$60,839
Mar 201115,76796.364.06$63,972
Feb 201113,01285.644.18$54,390
Jan 201117,70686.504.59$81,249
Dec 201017,54385.734.35$76,273
Nov 201017,62080.843.80$66,874
Oct 201018,94078.103.51$66,458
Sep 201018,04472.633.98$71,806
Aug 201015,61373.684.42$68,999
Jul 201019,50672.554.74$92,390
Jun 201018,45370.364.91$90,612
May 201017,92371.124.24$75,908
Apr 201017,85081.694.12$73,590
Mar 201015,26478.394.39$66,989
Feb 201023,15873.585.44$126,034
Jan 201018,02274.365.96$107,485
Dec 200915,34871.445.48$84,165
Nov 200915,39974.593.75$57,769
Oct 20096,19672.544.11$25,467
Sep 200913,53965.543.06$41,494
Aug 20096,55667.423.22$21,100
Jul 200932,32061.133.46$111,973
Jun 200928,90266.163.90$112,573
May 200928,74854.743.93$112,857
Apr 200936,01346.773.59$129,197
Mar 200950,12942.144.06$203,474
Feb 200927,39732.814.63$126,930

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.

Oct 2016 — as filed, then multipliedworked
Gas                  128 Mcf  × $  3.09 =       $396

────────────────────────────────────────────────────
Month total                                     $396

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/250272 is the state's own key, not one this site invented.