DAVENPORT, R. S. "A"

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 7612District 7CField 14937333OilCasinghead gasSaveExport
Value, all time
$17 k
Jan 1993 – Mar 1996
Value, last 12 filed months
$3 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
OilDisposition1,086 bbl$17,345
Casinghead gasProduction12,570 Mcf$0
Total$17,345

12,570 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 19957757115.43$1,188
Sep 1995381716.18$615
Aug 19950115.92$0
Jul 199503315.24$0
Jun 1995024816.41$0
May 1995028817.56$0
Apr 19957635617.73$1,347
Mar 1995019816.44$0
Feb 19953930316.58$647
Jan 19953838415.92$605
Dec 19943935815.03$586
Nov 19943831615.90$604
Oct 19943843415.58$592
Sep 19943849615.29$581
Aug 19943750116.13$597
Jul 19943838017.56$667
Jun 19943819317.09$649
May 1994049415.88$0
Apr 19948849714.14$1,244
Mar 19943848912.46$473
Feb 19947845712.50$975
Jan 1994043612.66$0
Dec 1993053912.33$0
Nov 1993052514.49$0
Oct 19937866115.85$1,236
Sep 1993051315.03$0
Aug 19933844615.66$595
Jul 1993034015.46$0
Jun 1993032416.79$0
May 19937749717.68$1,361
Apr 19933843618.05$686
Mar 1993029318.14$0
Feb 199311738117.90$2,094
Jan 1993016516.93$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                   77 bbl  × $ 15.43 =     $1,188
Casinghead gas       571 Mcf  ×  no price            —

────────────────────────────────────────────────────
Month total                                   $1,188

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/7612 is the state's own key, not one this site invented.