YOUNG RANCH

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

Gas lease lease 170023District 10Field 403112002 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.2 M
May 1998 – Aug 2012
Value, last 12 filed months
$0
at the published price for each month
Months reported
172
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 712 leases and 714 wells, and the rule below applies to all of them.

Discovered
1964-01-29
as the register files it
Field class
Oil and gas
the register's own label
Between wells
467 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2008-10-07.

The Commission's schedule remark for this field reads: FIELD

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 Gas112004-07-07157288
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
CondensateDisposition1,154 bbl$37,915
GasProduction299,081 Mcf$1,197,702
Total$1,235,617

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 35.7177, -100.4318. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.71766, -100.43181 · 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
11,049 ft
1 wells filed one
Completion to plug
14.2 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 11,049 ft.

Completions filed
Jun 1998
1 of 1 wells
Plug dates filed
Aug 2012
1 of 1 wells

Last completion to plug: a median of 14.2 years across the 1 well that filed both dates, with the middle half between 14.2 years and 14.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2113227452411,049 ftJun 1998Aug 2012Yes

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 (172)

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

172 months

Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
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 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 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 2008200110.3110.45$2,206
Mar 200800101.909.66$0
Feb 2008196192.538.77$18,145
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 2006017866.016.42$1,144
Apr 200601,50564.397.36$11,078
Mar 200601,21256.707.08$8,585
Feb 200601,86957.597.75$14,487
Jan 200602,11760.598.93$18,912
Dec 200501,76554.9413.42$23,678
Nov 200502,32354.6910.59$24,597
Oct 200502,71158.3413.80$37,400
Sep 200501,20161.4512.08$14,507
Aug 200501,37361.519.80$13,451
Jul 200501,75155.697.84$13,734
Jun 200501,75752.337.38$12,968
May 200501,92145.226.65$12,777
Apr 200502,04349.207.36$15,037
Mar 200501,89350.377.15$13,544
Feb 200501,43045.226.31$9,026
Jan 200501,92543.166.32$12,170
Dec 200402,02339.866.75$13,657
Nov 200402,13045.286.33$13,484
Oct 2004142,21549.706.52$15,127
Sep 200402,48743.245.28$13,141
Aug 200402,13942.375.55$11,873
Jul 200402,65438.286.08$16,147
Jun 2004096936.106.43$6,234
May 200401,51637.486.49$9,846
Apr 200401,77734.475.86$10,410
Mar 200401,78334.365.53$9,860
Feb 200402,07732.455.51$11,443
Jan 200402,15032.036.30$13,544
Dec 200301,93230.266.30$12,175
Nov 200301,75828.804.60$8,078
Oct 200301,82528.174.76$8,686
Sep 200301,52526.314.75$7,243
Aug 200302,36129.765.13$12,111
Jul 200301,65729.415.17$8,568
Jun 200301,32628.565.98$7,933
May 200302,20226.595.97$13,152
Apr 200301,94526.675.41$10,517
Mar 200302,36931.146.10$14,442
Feb 200302,18733.487.93$17,334
Jan 200302,01530.315.58$11,248
Dec 200202,24226.914.85$10,882
Nov 200202,55524.664.14$10,570
Oct 200202,51026.464.23$10,615
Sep 200202,26827.443.64$8,245
Aug 200202,19525.963.16$6,945
Jul 200202,17224.583.06$6,650
Jun 200201,62723.733.34$5,431
May 200201,89624.663.58$6,795
Apr 200201,72623.653.51$6,062
Mar 200202,92622.003.10$9,079
Feb 200202,06418.222.38$4,903
Jan 200202,19417.172.38$5,212
Dec 200102,42516.932.36$5,734
Nov 200102,17818.072.41$5,239
Oct 200102,42019.782.53$6,120
Sep 200103,12924.262.25$7,044
Aug 200102,74624.873.05$8,384
Jul 20011701,92723.933.20$10,229
Jun 200102,10424.563.82$8,046
May 200102,22125.524.31$9,567
Apr 200102,50524.685.34$13,365
Mar 200102,94224.545.38$15,817
Feb 200102,54927.755.77$14,700
Jan 200102,74027.478.40$23,013
Dec 200002,77626.889.12$25,324
Nov 200043,25132.215.66$18,523
Oct 200003,25331.235.15$16,738
Sep 200003,20031.875.19$16,597
Aug 200003,81329.644.54$17,314
Jul 200002,95328.534.09$12,077
Jun 200003,35629.304.40$14,757
May 200004,11827.263.68$15,153
Apr 200003,20724.513.12$9,993
Mar 20001783,69428.422.86$15,623
Feb 200003,23627.622.73$8,823
Jan 200003,51025.272.48$8,707
Dec 199903,63224.282.42$8,803
Nov 199904,05923.192.43$9,880
Oct 199903,67520.982.80$10,304
Sep 199903,75921.752.62$9,844
Aug 199903,97719.262.88$11,436
Jul 199904,25817.892.37$10,102
Jun 199904,19115.942.36$9,900
May 19991834,68615.792.32$13,766
Apr 199904,59015.102.21$10,135
Mar 199904,94612.471.84$9,092
Feb 199904,6869.981.82$8,518
Jan 199905,50510.381.90$10,459
Dec 199805,2059.201.77$9,230
Nov 199806,07010.892.19$13,267
Oct 199808,19312.421.97$16,134
Sep 199819418,90712.592.08$41,819
Aug 199806,48911.301.91$12,377
Jul 199819513,37511.742.24$32,213
Jun 1998016,25311.242.24$36,362
May 19980012.622.21$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.

Apr 2008 — as filed, then multipliedworked
Condensate            20 bbl  × $110.31 =     $2,206
Gas                    0 Mcf  × $ 10.45 =         $0

────────────────────────────────────────────────────
Month total                                   $2,206

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/170023 is the state's own key, not one this site invented.