KUTCH, S. L.

Operated by DEVON ENERGY PRODUCTION CO, L.P. (P-5 216378) in the BOONSVILLE (BEND CONGL., GAS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 43118District 09Field 10574520CondensateGasSaveExport
Value, all time
$727 k
Jan 1993 – Sep 2010
Value, last 12 filed months
$0
at the published price for each month
Months reported
213
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 3,438 leases and 3,443 wells, and the rule below applies to all of them.

Discovered
1945-05-01
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 1991-06-10.

The Commission's schedule remark for this field reads: AMOUNT HAD BEEN CALCULATED FOR 5/1/97.

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
CondensateDisposition119 bbl$7,323
GasProduction209,098 Mcf$719,539
Total$726,862

67,991 Mcf of this lease's gas, across 48 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

Every month this lease reported (213)

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

213 months

Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20081075.246.92$75
Sep 200811101.767.88$110
Aug 200820114.228.48$228
Jul 200840131.0811.39$524
Jun 2008100131.3313.03$1,313
May 20080147123.1711.57$1,701
Apr 20080630110.3110.45$6,587
Mar 20080558101.909.66$5,393
Feb 2008034292.538.77$3,000
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 2007075775.846.24$4,727
Aug 200701,08569.066.39$6,931
Jul 200701,01170.906.39$6,458
Jun 200701,31562.007.55$9,926
May 200701,40158.747.85$10,993
Apr 200701,54359.617.81$12,043
Mar 200701,32056.927.30$9,639
Feb 200701,37155.108.22$11,264
Jan 20071011,43450.306.73$14,727
Dec 200601,42556.656.92$9,859
Nov 200601,28254.207.62$9,766
Oct 200601,28254.906.01$7,710
Sep 2006086460.085.04$4,352
Aug 200601,19668.717.34$8,779
Jul 200601,20069.376.34$7,611
Jun 200601,18566.286.38$7,565
May 2006089866.016.42$5,770
Apr 2006082064.397.36$6,036
Mar 200601,42356.707.08$10,079
Feb 200601,00657.597.75$7,798
Jan 200601,30360.598.93$11,640
Dec 200501,01554.9413.42$13,617
Nov 200501,30954.6910.59$13,860
Oct 200501,42458.3413.80$19,645
Sep 200501,11661.4512.08$13,480
Aug 200501,68361.519.80$16,488
Jul 200501,79855.697.84$14,103
Jun 200501,64752.337.38$12,157
May 200501,77345.226.65$11,793
Apr 200501,65849.207.36$12,204
Mar 200502,04250.377.15$14,610
Feb 200501,73445.226.31$10,945
Jan 200501,77543.166.32$11,222
Dec 200401,97439.866.75$13,327
Nov 200402,47745.286.33$15,680
Oct 2004061549.706.52$4,007
Sep 2004015943.245.28$840
Aug 2004025042.375.55$1,388
Jul 200401,03338.286.08$6,285
Jun 2004077536.106.43$4,986
May 2004060737.486.49$3,942
Apr 2004073034.475.86$4,277
Mar 2004069134.365.53$3,821
Feb 2004085532.455.51$4,711
Jan 2004063932.036.30$4,025
Dec 2003083630.266.30$5,268
Nov 2003081928.804.60$3,763
Oct 200301,02828.174.76$4,893
Sep 2003090926.314.75$4,317
Aug 200301,03329.765.13$5,299
Jul 200301,06629.415.17$5,512
Jun 2003094628.565.98$5,660
May 200301,00126.595.97$5,979
Apr 200301,15526.675.41$6,245
Mar 2003098731.146.10$6,017
Feb 2003061233.487.93$4,851
Jan 200301,00830.315.58$5,627
Dec 200201,01126.914.85$4,907
Nov 200201,13624.664.14$4,700
Oct 200201,01526.464.23$4,293
Sep 2002088827.443.64$3,228
Aug 2002095425.963.16$3,019
Jul 2002095924.583.06$2,936
Jun 2002093723.733.34$3,128
May 200201,03724.663.58$3,717
Apr 200201,26523.653.51$4,443
Mar 2002037822.003.10$1,173
Feb 2002065218.222.38$1,549
Jan 2002091917.172.38$2,183
Dec 2001081816.932.36$1,934
Nov 200101,04418.072.41$2,511
Oct 2001035519.782.53$898
Sep 2001042024.262.25$946
Aug 2001057924.873.05$1,768
Jul 200101,09623.933.20$3,504
Jun 2001091024.563.82$3,480
May 200101,01525.524.31$4,372
Apr 2001086524.685.34$4,615
Mar 200101,02824.545.38$5,527
Feb 2001099027.755.77$5,709
Jan 2001087327.478.40$7,332
Dec 2000099326.889.12$9,059
Nov 2000093032.215.66$5,262
Oct 200001,24531.235.15$6,406
Sep 200001,09031.875.19$5,653
Aug 2000088229.644.54$4,005
Jul 2000098928.534.09$4,045
Jun 200001,11529.304.40$4,903
May 200001,12527.263.68$4,140
Apr 2000098024.513.12$3,054
Mar 200001,14628.422.86$3,277
Feb 2000097327.622.73$2,653
Jan 2000092225.272.48$2,287
Dec 1999093824.282.42$2,273
Nov 199901,26923.192.43$3,089
Oct 199901,15120.982.80$3,227
Sep 1999089621.752.62$2,346
Aug 1999092919.262.88$2,671
Jul 1999097517.892.37$2,313
Jun 199901,02815.942.36$2,428
May 199901,47515.792.32$3,424
Apr 199902,01815.102.21$4,456
Mar 1999097812.471.84$1,798
Feb 199907329.981.82$1,331
Jan 199901,28110.381.90$2,434
Dec 199804879.201.77$864
Nov 1998086610.892.19$1,893
Oct 1998098512.421.97$1,940
Sep 199801,11712.592.08$2,326
Aug 199801,02611.301.91$1,957
Jul 199801,04211.742.24$2,331
Jun 199801,00311.242.24$2,244
May 199801,20812.622.21$2,665
Apr 1998096613.042.51$2,420
Mar 199801,06212.802.31$2,453
Feb 1998092313.952.30$2,122
Jan 199801,16814.702.15$2,517
Dec 1997083016.322.41$2,001
Nov 199701,30818.193.09$4,039
Oct 1997090419.253.15$2,847
Sep 1997079817.742.95$2,358
Aug 199701,35717.862.55$3,467
Jul 199701,25117.582.25$2,811
Jun 199701,14617.242.26$2,587
May 199701,31218.972.31$3,029
Apr 199701,39717.882.08$2,910
Mar 199701,32918.951.94$2,577
Feb 199701,48520.492.21$3,276
Jan 1997095523.483.54$3,380
Dec 199601,14723.32$0
Nov 199601,36521.97$0
Oct 199601,06623.31$0
Sep 199601,28822.22$0
Aug 199601,26820.26$0
Jul 199601,38419.55$0
Jun 199601,45018.73$0
May 199601,64619.43$0
Apr 1996087321.51$0
Mar 199601,52019.38$0
Feb 199601,36616.98$0
Jan 199601,48517.07$0
Dec 199501,37217.19$0
Nov 199501,51016.00$0
Oct 1995093215.43$0
Sep 199501,52316.18$0
Aug 199501,42115.92$0
Jul 199501,37115.24$0
Jun 199501,45916.41$0
May 199501,58817.56$0
Apr 199501,45617.73$0
Mar 199501,56316.44$0
Feb 199501,06716.58$0
Jan 199501,44015.92$0
Dec 199401,39915.03$0
Nov 199401,43615.90$0
Oct 199401,74215.58$0
Sep 199401,47815.29$0
Aug 199401,22216.13$0
Jul 199401,91917.56$0
Jun 1994098917.09$0
May 199401,46315.88$0
Apr 199401,44814.14$0
Mar 199401,74612.46$0
Feb 199401,44812.50$0
Jan 199401,58312.66$0
Dec 199301,45612.33$0
Nov 199301,45314.49$0
Oct 199301,76615.85$0
Sep 199301,63015.03$0
Aug 199301,10915.66$0
Jul 199301,44015.46$0
Jun 199301,31616.79$0
May 199301,41817.68$0
Apr 199301,53318.05$0
Mar 199301,46318.14$0
Feb 199301,29217.90$0
Jan 199301,68216.93$0

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.

Oct 2008 — as filed, then multipliedworked
Condensate             1 bbl  × $ 75.24 =        $75
Gas                    0 Mcf  × $  6.92 =         $0

────────────────────────────────────────────────────
Month total                                      $75

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/43118 is the state's own key, not one this site invented.