GOTTLOB, F. L.

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 252306District 09Field 65280200GasSaveExport
Value, all time
$936 k
May 2009 – Jan 2013
Value, last 12 filed months
$24 k
at the published price for each month
Months reported
45
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
GasProduction229,976 Mcf$936,034
Total$936,034

Every month this lease reported (45)

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

45 months

Jan 2013091.603.42$0
Dec 2012086.773.42$0
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 2012829101.652.00$1,655
Mar 20126,028105.052.22$13,395
Feb 20123,637101.102.57$9,348
Jan 20126,62898.092.73$18,121
Dec 20115,04896.873.24$16,354
Nov 20114,29295.723.31$14,212
Oct 20117,24984.983.65$26,448
Sep 20116,10083.623.99$24,313
Aug 20116,72083.404.15$27,883
Jul 20118,11994.144.52$36,675
Jun 20111,64992.904.64$7,651
May 20114,09398.134.40$18,029
Apr 20111,835105.964.33$7,952
Mar 2011096.364.06$0
Feb 201136185.644.18$1,509
Jan 20116,75986.504.59$31,016
Dec 20107,52385.734.35$32,708
Nov 20105,74880.843.80$21,816
Oct 20109,65178.103.51$33,864
Sep 201011,07272.633.98$44,061
Aug 20102,83773.684.42$12,538
Jul 20106,37572.554.74$30,195
Jun 20108,17570.364.91$40,143
May 20108,29171.124.24$35,114
Apr 201011,26781.694.12$46,450
Mar 20105,96278.394.39$26,165
Feb 201011,07773.585.44$60,285
Jan 201011,35974.365.96$67,746
Dec 20096,43171.445.48$35,266
Nov 200920,11874.593.75$75,473
Oct 200912,59672.544.11$51,773
Sep 200922,14765.543.06$67,875
Aug 2009067.423.22$0
Jul 2009061.133.46$0
Jun 2009066.163.90$0
May 2009054.743.93$0

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                  829 Mcf  × $  2.00 =     $1,655

────────────────────────────────────────────────────
Month total                                   $1,655

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/252306 is the state's own key, not one this site invented.