PHILLIPS, BENNIE

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 71890District 09Field 10574520CondensateGasSaveExport
Value, all time
$292 k
Jan 1993 – Dec 2010
Value, last 12 filed months
$8 k
at the published price for each month
Months reported
216
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
CondensateDisposition55 bbl$2,638
GasProduction98,700 Mcf$289,486
Total$292,124

35,757 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 (216)

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

216 months

Dec 20100085.734.35$0
Nov 201002680.843.80$99
Oct 2010016278.103.51$568
Sep 201009472.633.98$374
Aug 2010017173.684.42$756
Jul 2010019672.554.74$928
Jun 2010018070.364.91$884
May 2010016171.124.24$682
Apr 2010018181.694.12$746
Mar 2010018278.394.39$799
Feb 2010011373.585.44$615
Jan 2010018874.365.96$1,121
Dec 2009019671.445.48$1,075
Nov 2009014274.593.75$533
Oct 2009016072.544.11$658
Sep 2009018665.543.06$570
Aug 2009020467.423.22$657
Jul 2009024061.133.46$831
Jun 2009021566.163.90$837
May 2009027754.743.93$1,087
Apr 2009021146.773.59$757
Mar 2009016542.144.06$670
Feb 2009016932.814.63$783
Jan 2009011835.865.37$634
Dec 2008015537.105.98$926
Nov 2008014655.496.86$1,002
Oct 2008112475.246.92$934
Sep 20081126101.767.88$1,094
Aug 20082260114.228.48$2,434
Jul 20083269131.0811.39$3,457
Jun 20089196131.3313.03$3,736
May 20080187123.1711.57$2,164
Apr 20080181110.3110.45$1,892
Mar 20080251101.909.66$2,426
Feb 2008021792.538.77$1,903
Jan 2008016690.388.21$1,362
Dec 2007018988.337.30$1,380
Nov 2007020791.677.29$1,509
Oct 2007019382.856.92$1,336
Sep 2007023775.846.24$1,480
Aug 2007031569.066.39$2,012
Jul 2007037270.906.39$2,376
Jun 2007037962.007.55$2,861
May 2007043958.747.85$3,445
Apr 2007062259.617.81$4,855
Mar 2007067656.927.30$4,936
Feb 2007048655.108.22$3,993
Jan 2007077450.306.73$5,207
Dec 2006051756.656.92$3,577
Nov 2006014754.207.62$1,120
Oct 2006015854.906.01$950
Sep 2006019860.085.04$997
Aug 2006030968.717.34$2,268
Jul 2006033969.376.34$2,150
Jun 2006043466.286.38$2,771
May 2006047166.016.42$3,026
Apr 2006054964.397.36$4,041
Mar 2006058456.707.08$4,136
Feb 2006048457.597.75$3,752
Jan 2006053860.598.93$4,806
Dec 2005093554.9413.42$12,543
Nov 2005052754.6910.59$5,580
Oct 200507558.3413.80$1,035
Sep 200506561.4512.08$785
Aug 200509361.519.80$911
Jul 2005011655.697.84$910
Jun 2005023152.337.38$1,705
May 2005029245.226.65$1,942
Apr 2005022249.207.36$1,634
Mar 2005021150.377.15$1,510
Feb 2005023545.226.31$1,483
Jan 2005018743.166.32$1,182
Dec 2004023639.866.75$1,593
Nov 2004029845.286.33$1,886
Oct 2004021549.706.52$1,401
Sep 2004018243.245.28$962
Aug 2004023942.375.55$1,327
Jul 2004025738.286.08$1,564
Jun 2004027536.106.43$1,769
May 2004025137.486.49$1,630
Apr 2004027834.475.86$1,629
Mar 2004027934.365.53$1,543
Feb 2004026732.455.51$1,471
Jan 2004029632.036.30$1,865
Dec 2003031430.266.30$1,979
Nov 2003032928.804.60$1,512
Oct 2003025128.174.76$1,195
Sep 2003031426.314.75$1,491
Aug 2003029929.765.13$1,534
Jul 2003033729.415.17$1,743
Jun 2003037028.565.98$2,214
May 2003042226.595.97$2,520
Apr 2003048726.675.41$2,633
Mar 2003052831.146.10$3,219
Feb 2003048233.487.93$3,820
Jan 2003049630.315.58$2,769
Dec 2002052426.914.85$2,543
Nov 2002043924.664.14$1,816
Oct 2002035226.464.23$1,489
Sep 2002045427.443.64$1,650
Aug 2002045925.963.16$1,452
Jul 2002044724.583.06$1,369
Jun 2002042523.733.34$1,419
May 2002045624.663.58$1,634
Apr 2002846523.653.51$1,822
Mar 2002046122.003.10$1,430
Feb 2002037118.222.38$881
Jan 2002039117.172.38$929
Dec 2001053516.932.36$1,265
Nov 2001050318.072.41$1,210
Oct 2001052719.782.53$1,333
Sep 2001050524.262.25$1,137
Aug 2001040924.873.05$1,249
Jul 2001030023.933.20$959
Jun 2001043724.563.82$1,671
May 2001052625.524.31$2,266
Apr 2001054824.685.34$2,924
Mar 2001058924.545.38$3,167
Feb 2001020427.755.77$1,176
Jan 20010027.478.40$0
Dec 200003426.889.12$310
Nov 2000038332.215.66$2,167
Oct 2000046831.235.15$2,408
Sep 2000034331.875.19$1,779
Aug 2000038029.644.54$1,725
Jul 2000053728.534.09$2,196
Jun 2000054029.304.40$2,375
May 2000055527.263.68$2,042
Apr 2000051924.513.12$1,617
Mar 2000055528.422.86$1,587
Feb 2000049527.622.73$1,350
Jan 2000056525.272.48$1,401
Dec 1999052924.282.42$1,282
Nov 1999054623.192.43$1,329
Oct 1999060520.982.80$1,696
Sep 1999054921.752.62$1,438
Aug 1999051519.262.88$1,481
Jul 1999038417.892.37$911
Jun 1999049015.942.36$1,157
May 1999061115.792.32$1,418
Apr 1999049315.102.21$1,089
Mar 1999052812.471.84$971
Feb 199985729.981.82$1,120
Jan 1999061910.381.90$1,176
Dec 199804119.201.77$729
Nov 1998059510.892.19$1,301
Oct 1998072612.421.97$1,430
Sep 1998064512.592.08$1,343
Aug 1998246511.301.91$910
Jul 1998045311.742.24$1,013
Jun 1998045511.242.24$1,018
May 1998054112.622.21$1,194
Apr 1998056313.042.51$1,411
Mar 1998058712.802.31$1,356
Feb 1998253813.952.30$1,265
Jan 1998056714.702.15$1,222
Dec 1997059316.322.41$1,430
Nov 1997058218.193.09$1,797
Oct 1997062819.253.15$1,978
Sep 1997861717.742.95$1,965
Aug 1997066117.862.55$1,689
Jul 1997064017.582.25$1,438
Jun 1997057217.242.26$1,291
May 1997363918.972.31$1,532
Apr 1997064317.882.08$1,339
Mar 1997067518.951.94$1,309
Feb 1997059620.492.21$1,315
Jan 1997068623.483.54$2,428
Dec 1996068823.32$0
Nov 1996172221.97$22
Oct 1996081223.31$0
Sep 1996087222.22$0
Aug 1996059420.26$0
Jul 1996015219.55$0
Jun 1996024818.73$0
May 1996027519.43$0
Apr 1996128921.51$22
Mar 1996056519.38$0
Feb 1996055316.98$0
Jan 1996067217.07$0
Dec 1995068317.19$0
Nov 1995373016.00$48
Oct 1995132315.43$15
Sep 1995077016.18$0
Aug 1995168515.92$16
Jul 1995080115.24$0
Jun 1995178916.41$16
May 1995068217.56$0
Apr 1995070817.73$0
Mar 1995079216.44$0
Feb 1995062916.58$0
Jan 1995073015.92$0
Dec 1994081015.03$0
Nov 1994076315.90$0
Oct 1994073615.58$0
Sep 1994074015.29$0
Aug 1994085016.13$0
Jul 1994078717.56$0
Jun 1994095017.09$0
May 199401,08915.88$0
Apr 199401,09814.14$0
Mar 199401,08212.46$0
Feb 199401,28912.50$0
Jan 1994071812.66$0
Dec 1993074312.33$0
Nov 1993056314.49$0
Oct 1993068315.85$0
Sep 1993061115.03$0
Aug 1993060515.66$0
Jul 1993083115.46$0
Jun 199301,01216.79$0
May 199301,00317.68$0
Apr 1993087918.05$0
Mar 199301,06518.14$0
Feb 1993081117.90$0
Jan 199301,27516.93$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.

Nov 2010 — as filed, then multipliedworked
Condensate             0 bbl  × $ 80.84 =         $0
Gas                   26 Mcf  × $  3.80 =        $99

────────────────────────────────────────────────────
Month total                                      $99

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/71890 is the state's own key, not one this site invented.