WALLS, LEONARD

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 258878District 09Field 65280200GasSaveExport
Value, all time
$342 k
Oct 2010 – Jul 2015
Value, last 12 filed months
$616
at the published price for each month
Months reported
58
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
GasProduction84,907 Mcf$341,967
Total$341,967

Every month this lease reported (58)

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

58 months

Jul 2015048.152.95$0
Jun 2015056.152.88$0
May 2015055.212.96$0
Apr 2015049.822.71$0
Mar 20157342.892.93$214
Feb 2015044.662.98$0
Jan 2015043.433.10$0
Dec 201411254.693.59$402
Nov 2014070.464.25$0
Oct 2014078.303.90$0
Sep 2014086.164.05$0
Aug 2014089.394.04$0
Jul 201414796.564.18$614
Jun 2014098.164.74$0
May 2014094.734.73$0
Apr 201411695.944.81$558
Mar 20142395.895.06$116
Feb 2014097.406.19$0
Jan 201423890.404.86$1,157
Dec 2013091.824.35$0
Nov 2013088.853.74$0
Oct 2013097.423.78$0
Sep 20130104.113.72$0
Aug 20130104.253.52$0
Jul 20130102.523.72$0
Jun 2013094.403.93$0
May 2013094.834.15$0
Apr 2013093.964.28$0
Mar 2013093.623.91$0
Feb 2013091.233.42$0
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 20120101.652.00$0
Mar 2012106105.052.22$236
Feb 20121,546101.102.57$3,974
Jan 20123,71398.092.73$10,152
Dec 20114,21796.873.24$13,662
Nov 201165795.723.31$2,176
Oct 20116,64584.983.65$24,245
Sep 20117,98183.623.99$31,811
Aug 20113,47083.404.15$14,398
Jul 20112,33594.144.52$10,548
Jun 20116,05292.904.64$28,081
May 20116,61798.134.40$29,147
Apr 20115,678105.964.33$24,604
Mar 2011096.364.06$0
Feb 20114,83185.644.18$20,193
Jan 20119,54786.504.59$43,809
Dec 20107,13485.734.35$31,017
Nov 201010,09680.843.80$38,318
Oct 20103,57378.103.51$12,537

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.

Mar 2015 — as filed, then multipliedworked
Gas                   73 Mcf  × $  2.93 =       $214

────────────────────────────────────────────────────
Month total                                     $214

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/258878 is the state's own key, not one this site invented.