THOMAS CHERRYHOMES

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.

Oil lease lease 31381District 09Field 65280200OilCasinghead gasSaveExport
Value, all time
$1.1 M
Mar 2009 – Feb 2014
Value, last 12 filed months
$0
at the published price for each month
Months reported
60
no gaps in the span
Streams
2
oil, casinghead 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
OilDisposition8,751 bbl$704,304
Casinghead gasProduction92,742 Mcf$359,099
Total$1,063,402

Wells on this lease (2)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 33.3033, -97.8591. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.1 miles.

33.30332, -97.85911 · centre of the wells drawn, derived

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule
100.0%
2 of 2 wells
With a plug date
100.0%
2 of 2 wells
Median depth
6,750 ft
2 wells filed one
Completion to plug
3.9 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
2100.0%
A plug date is filed
2100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
2100.0%
NeitherNo plug date, and not on the schedule.
00.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

Between 6,689 and 6,811 ft, median 6,750 ft, over the 2 wells that filed a depth.

Completions filed
Mar 2009 – Apr 2009
2 of 2 wells
Plug dates filed
Feb 2013 – Mar 2013
2 of 2 wells

Last completion to plug: a median of 3.9 years across the 2 wells that filed both dates, with the middle half between 3.9 years and 4.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-4973656916,811 ftApr 2009Feb 2013Yes
42-4973657026,689 ftMar 2009Mar 2013Yes

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (60)

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

60 months

Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20121086.773.42$87
Nov 201250086.953.62$4,348
Oct 2012162089.383.40$14,480
Sep 20120094.672.92$0
Aug 201217513292.662.91$16,599
Jul 20120185.133.02$3
Jun 20120179.822.52$3
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 20123444,328101.102.57$45,902
Jan 20121738,19998.092.73$39,386
Dec 20113467,70296.873.24$58,470
Nov 20111758,27795.723.31$44,158
Oct 20113156,11384.983.65$49,072
Sep 20113485,50683.623.99$51,046
Aug 201117510,29883.404.15$57,325
Jul 201150210,29694.144.52$93,768
Jun 201151910,25992.904.64$95,816
May 20115166,38498.134.40$78,755
Apr 20116897,300105.964.33$104,639
Mar 20111715,86796.364.06$40,282
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
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 2010174078.394.39$13,640
Feb 20100073.585.44$0
Jan 2010170074.365.96$12,641
Dec 2009158071.445.48$11,288
Nov 2009341074.593.75$25,435
Oct 2009340072.544.11$24,664
Sep 2009507065.543.06$33,229
Aug 2009517067.423.22$34,856
Jul 2009356061.133.46$21,762
Jun 20090066.163.90$0
May 20091,5272,07954.743.93$91,750
Apr 20090046.773.59$0
Mar 20090042.144.06$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.

Dec 2012 — as filed, then multipliedworked
Oil                    1 bbl  × $ 86.77 =        $87
Casinghead gas         0 Mcf  × $  3.42 =         $0

────────────────────────────────────────────────────
Month total                                      $87

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/O/31381 is the state's own key, not one this site invented.