HOLMES -17-

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

Gas lease lease 148091District 10Field 965374902 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.0 M
Jan 1994 – Oct 2004
Value, last 12 filed months
$2 k
at the published price for each month
Months reported
130
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 16 leases and 16 wells, and the rule below applies to all of them.

Discovered
1994-01-01
as the register files it
Field class
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 320 acres. The field rule took effect on 1998-07-28.

The Commission's schedule remark for this field reads: 0219569.

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas111995-11-02133345
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
CondensateDisposition1,319 bbl$22,784
GasProduction8,711,572 Mcf$2,962,828
Total$2,985,612

7,515,140 Mcf of this lease's gas, across 36 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.

Wells on this lease (1)

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 35.6030, -100.1809. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.60303, -100.18085 · 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%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
15,454 ft
1 wells filed one
Completion to plug
17.3 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
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

The one well that filed a depth was drilled to 15,454 ft.

Completions filed
Apr 2006
1 of 1 wells
Plug dates filed
Jul 2023
1 of 1 wells

Last completion to plug: a median of 17.3 years across the 1 well that filed both dates, with the middle half between 17.3 years and 17.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-48331450115,454 ftApr 2006Jul 2023Yes

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 (130)

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

130 months

Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 200415042.375.55$636
Jul 200414038.286.08$536
Jun 200415036.106.43$542
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20045034.365.53$172
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 20000029.304.40$0
May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 20000028.422.86$0
Feb 20000027.622.73$0
Jan 20000025.272.48$0
Dec 1999091424.282.42$2,215
Nov 19990023.192.43$0
Oct 199903520.982.80$98
Sep 199903721.752.62$97
Aug 199903,90819.262.88$11,238
Jul 199906,99017.892.37$16,583
Jun 199906215.942.36$146
May 1999059215.792.32$1,374
Apr 199903,29715.102.21$7,280
Mar 199905,15512.471.84$9,477
Feb 199904,8829.981.82$8,874
Jan 199906,96810.381.90$13,239
Dec 199808,4629.201.77$15,006
Nov 199808,29810.892.19$18,137
Oct 1998010,03512.421.97$19,761
Sep 19981608,99212.592.08$20,741
Aug 1998012,68011.301.91$24,185
Jul 1998019,13511.742.24$42,810
Jun 1998022,15411.242.24$49,564
May 1998026,87212.622.21$59,289
Apr 1998032,24213.042.51$80,777
Mar 1998036,79812.802.31$84,983
Feb 1998034,92613.952.30$80,299
Jan 1998046,71214.702.15$100,655
Dec 1997050,61516.322.41$122,038
Nov 1997054,47218.193.09$168,224
Oct 1997049,72519.253.15$156,625
Sep 1997052,35817.742.95$154,712
Aug 1997057,14617.862.55$145,993
Jul 1997063,92917.582.25$143,645
Jun 1997066,77917.242.26$150,734
May 1997062,97318.972.31$145,373
Apr 1997083,77517.882.08$174,485
Mar 19970108,67918.951.94$210,744
Feb 19970108,51720.492.21$239,378
Jan 19970137,31823.483.54$486,065
Dec 19960137,99223.32$0
Nov 19960143,60921.97$0
Oct 19960153,67723.31$0
Sep 19960152,93722.22$0
Aug 19960154,88020.26$0
Jul 19960163,97119.55$0
Jun 19960169,77618.73$0
May 19960181,78919.43$0
Apr 19960182,58021.51$0
Mar 1996214202,82219.38$4,147
Feb 19960205,78116.98$0
Jan 19960230,08717.07$0
Dec 19950238,37017.19$0
Nov 199581234,44216.00$1,296
Oct 19950242,34415.43$0
Sep 19950242,08316.18$0
Aug 1995205237,87715.92$3,264
Jul 19950258,31115.24$0
Jun 19950249,32416.41$0
May 1995208264,57317.56$3,652
Apr 19950263,20417.73$0
Mar 19950251,64716.44$0
Feb 1995197208,89716.58$3,266
Jan 19950269,07815.92$0
Dec 19940249,72215.03$0
Nov 1994205246,23315.90$3,260
Oct 19940142,91515.58$0
Sep 199401,35015.29$0
Aug 19940244,49716.13$0
Jul 19940234,61217.56$0
Jun 19940231,02717.09$0
May 19940236,88315.88$0
Apr 19940234,55414.14$0
Mar 19940231,78612.46$0
Feb 19940247,45912.50$0
Jan 19940174,05112.66$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.

Aug 2004 — as filed, then multipliedworked
Condensate            15 bbl  × $ 42.37 =       $636
Gas                    0 Mcf  × $  5.55 =         $0

────────────────────────────────────────────────────
Month total                                     $636

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. 10/G/148091 is the state's own key, not one this site invented.