NEWBY, H. H.

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 259158District 09Field 65280200CondensateGasSaveExport
Value, all time
$3.5 M
Oct 2010 – Nov 2016
Value, last 12 filed months
$111 k
at the published price for each month
Months reported
74
no gaps in the span
Streams
2
condensate, 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
CondensateDisposition306 bbl$27,286
GasProduction960,675 Mcf$3,448,078
Total$3,475,365

Every month this lease reported (74)

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

74 months

Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 201602741.553.10$84
Aug 20160041.442.92$0
Jul 201601,77641.622.92$5,194
Jun 201605,01545.352.69$13,469
May 201605,62842.521.99$11,206
Apr 2016011,35036.561.99$22,598
Mar 201609,28333.011.79$16,654
Feb 20160026.472.06$0
Jan 201609,00527.352.36$21,291
Dec 2015010,14732.362.00$20,308
Nov 201509,29138.792.17$20,137
Oct 201508,42543.552.43$20,444
Sep 201507,02842.992.76$19,386
Aug 201508,02540.162.87$23,052
Jul 201508,26048.152.95$24,326
Jun 201508,98156.152.88$25,891
May 2015011,76055.212.96$34,756
Apr 2015011,54549.822.71$31,247
Mar 2015012,45542.892.93$36,552
Feb 2015011,66544.662.98$34,717
Jan 2015013,17843.433.10$40,860
Dec 2014010,03554.693.59$36,039
Nov 2014012,87670.464.25$54,747
Oct 2014014,14778.303.90$55,187
Sep 2014010,53986.164.05$42,635
Aug 201403,05089.394.04$12,307
Jul 201404,93296.564.18$20,614
Jun 2014010,52398.164.74$49,846
May 2014012,16694.734.73$57,503
Apr 201406,63495.944.81$31,904
Mar 201407,25795.895.06$36,697
Feb 201408,77497.406.19$54,329
Jan 2014014,23390.404.86$69,183
Dec 2013015,43891.824.35$67,224
Nov 2013014,38688.853.74$53,779
Oct 2013015,27497.423.78$57,726
Sep 2013015,002104.113.72$55,774
Aug 2013016,057104.253.52$56,563
Jul 2013016,313102.523.72$60,647
Jun 2013015,56294.403.93$61,212
May 2013016,39794.834.15$68,032
Apr 2013017,39393.964.28$74,487
Mar 2013018,39693.623.91$71,981
Feb 2013017,93091.233.42$61,319
Jan 2013017,19791.603.42$58,812
Dec 2012016,86086.773.42$57,664
Nov 2012019,47086.953.62$70,578
Oct 2012020,22089.383.40$68,742
Sep 2012019,55194.672.92$57,058
Aug 2012018,30092.662.91$53,219
Jul 2012017,24785.133.02$52,100
Jun 2012018,64579.822.52$46,968
May 2012021,59091.612.49$53,723
Apr 2012024,222101.652.00$48,366
Mar 2012021,149105.052.22$46,995
Feb 201209,881101.102.57$25,397
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 201115083.623.99$1,254
Aug 201115515,64583.404.15$77,843
Jul 2011019,92394.144.52$89,997
Jun 2011021,27692.904.64$98,718
May 2011024,97398.134.40$110,002
Apr 2011025,558105.964.33$110,750
Mar 201113630,05396.364.06$135,040
Feb 2011010,21385.644.18$42,690
Jan 2011029,68486.504.59$136,213
Dec 2010033,15185.734.35$144,132
Nov 2010043,97580.843.80$166,900
Oct 2010025,73478.103.51$90,298

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.

Sep 2016 — as filed, then multipliedworked
Condensate             0 bbl  × $ 41.55 =         $0
Gas                   27 Mcf  × $  3.10 =        $84

────────────────────────────────────────────────────
Month total                                      $84

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/259158 is the state's own key, not one this site invented.