CHARLES HOWELL

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 267058District 09Field 65280200GasSaveExport
Value, all time
$1.6 M
Jun 2012 – Nov 2017
Value, last 12 filed months
$58
at the published price for each month
Months reported
66
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
GasProduction467,365 Mcf$1,633,019
Total$1,633,019

Every month this lease reported (66)

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

66 months

Nov 2017055.423.12$0
Oct 2017049.292.98$0
Sep 2017047.523.09$0
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 20171749.413.42$58
Dec 2016048.763.72$0
Nov 20163042.492.64$79
Oct 2016046.193.09$0
Sep 20163541.553.10$109
Aug 20163,60741.442.92$10,548
Jul 20164,09141.622.92$11,963
Jun 20161,89745.352.69$5,095
May 2016042.521.99$0
Apr 2016036.561.99$0
Mar 2016033.011.79$0
Feb 2016026.472.06$0
Jan 201633627.352.36$794
Dec 201525632.362.00$512
Nov 2015038.792.17$0
Oct 201539043.552.43$946
Sep 201536142.992.76$996
Aug 2015040.162.87$0
Jul 201535548.152.95$1,046
Jun 201536956.152.88$1,064
May 201545055.212.96$1,330
Apr 201540549.822.71$1,096
Mar 201538342.892.93$1,124
Feb 201535544.662.98$1,057
Jan 201541243.433.10$1,277
Dec 201443554.693.59$1,562
Nov 201434570.464.25$1,467
Oct 201439878.303.90$1,553
Sep 201445686.164.05$1,845
Aug 20143,16089.394.04$12,751
Jul 20141,78696.564.18$7,465
Jun 201410,83598.164.74$51,324
May 201411,93194.734.73$56,393
Apr 20143,79795.944.81$18,260
Mar 20142,88695.895.06$14,594
Feb 2014097.406.19$0
Jan 20148,51690.404.86$41,394
Dec 2013091.824.35$0
Nov 20138,53088.853.74$31,888
Oct 201320,49197.423.78$77,443
Sep 201321,212104.113.72$78,861
Aug 201320,738104.253.52$73,052
Jul 2013983102.523.72$3,655
Jun 20138,91494.403.93$35,062
May 201322,78594.834.15$94,537
Apr 201328,48293.964.28$121,977
Mar 201315193.623.91$591
Feb 201310,79891.233.42$36,928
Jan 201326,35591.603.42$90,132
Dec 201257086.773.42$1,949
Nov 201225,10986.953.62$91,019
Oct 201233,80789.383.40$114,933
Sep 201242,75194.672.92$124,765
Aug 201255,75592.662.91$162,144
Jul 201281,17085.133.02$245,198
Jun 201247079.822.52$1,184

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.

Jan 2017 — as filed, then multipliedworked
Gas                   17 Mcf  × $  3.42 =        $58

────────────────────────────────────────────────────
Month total                                      $58

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/267058 is the state's own key, not one this site invented.