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 267072District 09Field 65280200GasSaveExport
Value, all time
$2.9 M
Jul 2012 – Nov 2017
Value, last 12 filed months
$0
at the published price for each month
Months reported
65
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
GasProduction829,351 Mcf$2,906,129
Total$2,906,129

Every month this lease reported (65)

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

65 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 2017049.413.42$0
Dec 2016048.763.72$0
Nov 2016042.492.64$0
Oct 2016046.193.09$0
Sep 2016041.553.10$0
Aug 20165741.442.92$167
Jul 2016041.622.92$0
Jun 201669545.352.69$1,867
May 201694442.521.99$1,880
Apr 20161,99336.561.99$3,968
Mar 20161,37633.011.79$2,469
Feb 20166,13626.472.06$12,662
Jan 20168,60627.352.36$20,348
Dec 20156,29832.362.00$12,605
Nov 20158,28238.792.17$17,950
Oct 201510,96643.552.43$26,610
Sep 201510,57942.992.76$29,181
Aug 201511,00940.162.87$31,623
Jul 20159,76948.152.95$28,770
Jun 201511,55056.152.88$33,297
May 201515,35855.212.96$45,390
Apr 201515,73949.822.71$42,599
Mar 201514,78342.892.93$43,384
Feb 201514,72744.662.98$43,830
Jan 201517,69443.433.10$54,863
Dec 201415,55954.693.59$55,878
Nov 201416,64070.464.25$70,751
Oct 201418,87978.303.90$73,646
Sep 201417,90086.164.05$72,413
Aug 201420,43089.394.04$82,438
Jul 201422,85496.564.18$95,521
Jun 201418,47498.164.74$87,509
May 201427,53094.734.73$130,122
Apr 201418,73195.944.81$90,080
Mar 20145,49895.895.06$27,802
Feb 20149,09297.406.19$56,298
Jan 20145,37090.404.86$26,102
Dec 20139,68091.824.35$42,151
Nov 201315,95588.853.74$59,644
Oct 2013097.423.78$0
Sep 2013681104.113.72$2,532
Aug 2013502104.253.52$1,768
Jul 20133102.523.72$11
Jun 201324,72094.403.93$97,234
May 201329,88494.834.15$123,991
Apr 20137,79493.964.28$33,379
Mar 201315,35793.623.91$60,090
Feb 201331,81291.233.42$108,794
Jan 201337,63391.603.42$128,701
Dec 201236,23986.773.42$123,943
Nov 201239,91786.953.62$144,698
Oct 201244,50289.383.40$151,293
Sep 201246,96594.672.92$137,063
Aug 201256,22892.662.91$163,520
Jul 201267,96185.133.02$205,297

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.

Aug 2016 — as filed, then multipliedworked
Gas                   57 Mcf  × $  2.92 =       $167

────────────────────────────────────────────────────
Month total                                     $167

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/267072 is the state's own key, not one this site invented.