HEDRICK-STOKER-BURNS (SA)

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 262105District 09Field 65280200CondensateGasSaveExport
Value, all time
$2.3 M
Jun 2011 – Sep 2016
Value, last 12 filed months
$7 k
at the published price for each month
Months reported
64
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
CondensateDisposition1,209 bbl$105,403
GasProduction582,612 Mcf$2,195,481
Total$2,300,884

Every month this lease reported (64)

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

64 months

Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 201606833.011.79$122
Feb 2016015126.472.06$312
Jan 2016099127.352.36$2,343
Dec 20152147632.362.00$1,632
Nov 2015082138.792.17$1,779
Oct 2015048743.552.43$1,182
Sep 2015051142.992.76$1,410
Aug 201501,07540.162.87$3,088
Jul 201501,32848.152.95$3,911
Jun 201501,26356.152.88$3,641
May 201503,09855.212.96$9,156
Apr 201505,43949.822.71$14,721
Mar 201507,08242.892.93$20,784
Feb 2015795,63244.662.98$20,290
Jan 2015012,96143.433.10$40,187
Dec 2014015,76254.693.59$56,607
Nov 2014014,35470.464.25$61,031
Oct 2014019,59478.303.90$76,435
Sep 2014019,15886.164.05$77,503
Aug 2014013,73189.394.04$55,406
Jul 20140096.564.18$0
Jun 201407,33598.164.74$34,745
May 20149718,86094.734.73$98,332
Apr 2014018,44595.944.81$88,704
Mar 2014014,83395.895.06$75,008
Feb 20141057,95797.406.19$59,497
Jan 201403,33790.404.86$16,220
Dec 20130091.824.35$0
Nov 201304288.853.74$157
Oct 201306,19097.423.78$23,394
Sep 2013011,716104.113.72$43,557
Aug 201308,720104.253.52$30,717
Jul 201305,113102.523.72$19,009
Jun 2013532,19394.403.93$13,629
May 2013178,34294.834.15$36,224
Apr 201304,51993.964.28$19,353
Mar 2013014993.623.91$583
Feb 201304,21891.233.42$14,425
Jan 2013016,76191.603.42$57,321
Dec 2012015,85686.773.42$54,230
Nov 2012013,62486.953.62$49,386
Oct 2012017,13089.383.40$58,237
Sep 2012016,17694.672.92$47,208
Aug 20121114,75392.662.91$24,108
Jul 201211517,72985.133.02$63,346
Jun 2012018,83079.822.52$47,434
May 201205,29691.612.49$13,178
Apr 20120608101.652.00$1,214
Mar 20120819105.052.22$1,820
Feb 201286720101.102.57$10,545
Jan 2012015,81698.092.73$43,242
Dec 20119722,65296.873.24$82,783
Nov 20119123,36295.723.31$86,069
Oct 201111527,51284.983.65$110,151
Sep 2011030,73283.623.99$122,492
Aug 201122239,17783.404.15$181,073
Jul 2011048,11194.144.52$217,329
Jun 2011099792.904.64$4,626

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 2016 — as filed, then multipliedworked
Condensate             0 bbl  × $ 33.01 =         $0
Gas                   68 Mcf  × $  1.79 =       $122

────────────────────────────────────────────────────
Month total                                     $122

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/262105 is the state's own key, not one this site invented.