MASSEY, BOYD

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 44004District 09Field 10574520CondensateGasSaveExport
Value, all time
$243 k
Jan 1993 – Jun 2006
Value, last 12 filed months
$0
at the published price for each month
Months reported
162
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
CondensateDisposition639 bbl$17,131
GasProduction81,314 Mcf$225,822
Total$242,953

18,901 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 (162)

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

162 months

Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 2004201037.486.49$7,533
Apr 20040034.475.86$0
Mar 2004036634.365.53$2,024
Feb 2004043932.455.51$2,419
Jan 2004048432.036.30$3,049
Dec 2003083930.266.30$5,287
Nov 2003078828.804.60$3,621
Oct 2003085028.174.76$4,046
Sep 200301,29826.314.75$6,165
Aug 2003079529.765.13$4,078
Jul 200301,11229.415.17$5,750
Jun 2003015028.565.98$897
May 200301,44426.595.97$8,625
Apr 2003039526.675.41$2,136
Mar 2003042831.146.10$2,609
Feb 2003036333.487.93$2,877
Jan 2003039630.315.58$2,210
Dec 20026553526.914.85$4,346
Nov 2002089324.664.14$3,694
Oct 2002095126.464.23$4,022
Sep 200201,31227.443.64$4,769
Aug 200201,13525.963.16$3,591
Jul 200201,03424.583.06$3,166
Jun 20021901,48223.733.34$9,456
May 200201,24824.663.58$4,473
Apr 200201,90323.653.51$6,684
Mar 2002079422.003.10$2,464
Feb 2002083418.222.38$1,981
Jan 200201,15717.172.38$2,749
Dec 200101,33316.932.36$3,152
Nov 20011741,97318.072.41$7,890
Oct 200102,06419.782.53$5,220
Sep 200102,51924.262.25$5,671
Aug 200102,96424.873.05$9,050
Jul 200102,75523.933.20$8,808
Jun 2001087624.563.82$3,350
May 2001064425.524.31$2,774
Apr 200101,14724.685.34$6,120
Mar 200101,81724.545.38$9,769
Feb 2001067627.755.77$3,899
Jan 2001063927.478.40$5,367
Dec 2000054126.889.12$4,935
Nov 2000035932.215.66$2,031
Oct 2000056031.235.15$2,881
Sep 2000079831.875.19$4,139
Aug 2000044829.644.54$2,034
Jul 200003728.534.09$151
Jun 2000018829.304.40$827
May 2000031427.263.68$1,155
Apr 2000046024.513.12$1,433
Mar 2000047128.422.86$1,347
Feb 2000042227.622.73$1,151
Jan 2000044025.272.48$1,091
Dec 1999039524.282.42$957
Nov 1999024423.192.43$594
Oct 1999039820.982.80$1,116
Sep 1999936421.752.62$1,149
Aug 1999034019.262.88$978
Jul 1999042217.892.37$1,001
Jun 1999047615.942.36$1,124
May 1999047115.792.32$1,093
Apr 1999039815.102.21$879
Mar 1999052612.471.84$967
Feb 199907439.981.82$1,351
Jan 1999053710.381.90$1,020
Dec 199803779.201.77$669
Nov 1998041910.892.19$916
Oct 1998038812.421.97$764
Sep 1998036212.592.08$754
Aug 1998035811.301.91$683
Jul 1998033311.742.24$745
Jun 1998030311.242.24$678
May 1998034512.622.21$761
Apr 1998032913.042.51$824
Mar 1998030712.802.31$709
Feb 1998026513.952.30$609
Jan 1998037014.702.15$797
Dec 1997041316.322.41$996
Nov 1997044618.193.09$1,377
Oct 1997035419.253.15$1,115
Sep 1997037117.742.95$1,096
Aug 1997034617.862.55$884
Jul 1997039517.582.25$888
Jun 1997039817.242.26$898
May 1997037718.972.31$870
Apr 1997043217.882.08$900
Mar 1997062118.951.94$1,204
Feb 1997047720.492.21$1,052
Jan 1997044323.483.54$1,568
Dec 1996054723.32$0
Nov 1996020621.97$0
Oct 1996029723.31$0
Sep 1996027022.22$0
Aug 1996024320.26$0
Jul 1996019619.55$0
Jun 1996022518.73$0
May 1996021119.43$0
Apr 1996018921.51$0
Mar 1996033719.38$0
Feb 1996049416.98$0
Jan 1996043217.07$0
Dec 1995080617.19$0
Nov 1995038916.00$0
Oct 1995015815.43$0
Sep 1995029116.18$0
Aug 1995030915.92$0
Jul 1995027715.24$0
Jun 1995019516.41$0
May 1995020917.56$0
Apr 1995024817.73$0
Mar 1995021816.44$0
Feb 1995045216.58$0
Jan 1995057115.92$0
Dec 1994080315.03$0
Nov 1994059915.90$0
Oct 1994029015.58$0
Sep 1994025715.29$0
Aug 1994015116.13$0
Jul 1994028917.56$0
Jun 1994021717.09$0
May 1994032215.88$0
Apr 1994045914.14$0
Mar 1994067012.46$0
Feb 1994063912.50$0
Jan 1994063212.66$0
Dec 1993064212.33$0
Nov 1993049214.49$0
Oct 1993032215.85$0
Sep 1993021815.03$0
Aug 1993027315.66$0
Jul 1993031215.46$0
Jun 1993027316.79$0
May 1993036717.68$0
Apr 1993062218.05$0
Mar 1993077618.14$0
Feb 1993068817.90$0
Jan 1993081816.93$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.

May 2004 — as filed, then multipliedworked
Condensate           201 bbl  × $ 37.48 =     $7,533
Gas                    0 Mcf  × $  6.49 =         $0

────────────────────────────────────────────────────
Month total                                   $7,533

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/44004 is the state's own key, not one this site invented.