DAVENPORT, R. S.

Operated by STEPHENS, AUTRY C. (P-5 817550) in the CALVIN (DEAN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 7289District 7CField 14937333OilCasinghead gasSaveExport
Value, all time
$65 k
Jan 1993 – Mar 1996
Value, last 12 filed months
$11 k
at the published price for each month
Months reported
39
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 498 leases and 1,074 wells, and the rule below applies to all of them.

Discovered
1965-11-17
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
660 ft
minimum

A drilling unit in this field needs at least 80 acres.

The Commission's schedule remark for this field reads: 7C,08-0209914

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
OilDisposition4,093 bbl$65,388
Casinghead gasProduction27,100 Mcf$0
Total$65,388

27,100 Mcf of this lease's gas, across 34 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 (39)

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

39 months

Mar 19960019.38$0
Feb 19960016.98$0
Jan 19960017.07$0
Dec 19950017.19$0
Nov 19950016.00$0
Oct 1995260115.43$4,012
Sep 199514232816.18$2,298
Aug 1995036415.92$0
Jul 1995338715.24$46
Jun 1995378416.41$49
May 1995052917.56$0
Apr 199528692417.73$5,071
Mar 1995063616.44$0
Feb 199514681516.58$2,421
Jan 199514768015.92$2,340
Dec 199414675015.03$2,194
Nov 199414988615.90$2,369
Oct 19941471,41215.58$2,290
Sep 19941491,05315.29$2,278
Aug 19941421,18416.13$2,290
Jul 199414366617.56$2,511
Jun 199414472517.09$2,461
May 1994265015.88$32
Apr 199433298914.14$4,694
Mar 19941411,29012.46$1,757
Feb 199429396312.50$3,663
Jan 1994082612.66$0
Dec 1993095212.33$0
Nov 1993492914.49$58
Oct 19932921,26115.85$4,628
Sep 1993062215.03$0
Aug 199314596515.66$2,271
Jul 1993065115.46$0
Jun 1993146216.79$17
May 199328985617.68$5,110
Apr 19931461,29518.05$2,635
Mar 1993084318.14$0
Feb 199344180217.90$7,894
Jan 1993062016.93$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.

Oct 1995 — as filed, then multipliedworked
Oil                  260 bbl  × $ 15.43 =     $4,012
Casinghead gas         1 Mcf  ×  no price            —

────────────────────────────────────────────────────
Month total                                   $4,012

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. 7C/O/7289 is the state's own key, not one this site invented.