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Texas gas well

Producing

L.B. HAILEY UNIT

L.b. Hailey Unit is a gas well in Karnes County, Texas, operated by Devon Energy Production Co, L.P. in the Sugarkane (Eagle Ford) field.

1 well

12,042mcf gas, last 12 months−73% vs prior year
Operator
Devon Energy Production Co, L.P.
County
Karnes County
Field
Sugarkane (Eagle Ford)
RRC lease
02-288533

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Where it sits

This county

Karnes CountyKarnesAtascosaGoliadWilsonGonzalesDe WittBexarKarnes County
Karnes County
Oil, last 12 months
1,285 bbl
Gas in Jul 2026
875 mcf

Production by month

Gas output fell 73% over the last 12 months

  • Gas (bars)
  • Oil (line)
  • Last 12 months
Gas output fell 73% over the last 12 monthsMonthly gas production and oil for L.B. HAILEY UNIT, Aug 2023 to Jul 2026. Gas output fell 73% over the last 12 months. 12,042 mcf in the 12 months through Jul 2026, against 44,062 mcf in the 12 months before.Last 12 months: 12,042 mcfmcf per monthbbl per month005,00050010k1,00015k1,50020k2,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Gas output fell 73% over the last 12 monthsMonthly gas production and oil for L.B. HAILEY UNIT, Aug 2023 to Jul 2026. Gas output fell 73% over the last 12 months. 12,042 mcf in the 12 months through Jul 2026, against 44,062 mcf in the 12 months before.Last 12 monthsmcf per monthbbl per month005,00050010k1,00015k1,50020k2,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

91% of the gas went to a processing plant in the last 12 months

Flaring peaked at 4.4% of the gas in Nov 2023.

  • Processing plant (3)
  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
91% of the gas went to a processing plant in the last 12 monthsShare of L.B. HAILEY UNIT gas by disposition code each month, Aug 2023 to Jul 2026. 91% of the gas went to a processing plant in the last 12 months. Flaring peaked at 4.4% of the gas in Nov 2023.Share of the lease’s gas by disposition code, per month0%50%100%Flared 4.4%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
91% of the gas went to a processing plant in the last 12 monthsShare of L.B. HAILEY UNIT gas by disposition code each month, Aug 2023 to Jul 2026. 91% of the gas went to a processing plant in the last 12 months. Flaring peaked at 4.4% of the gas in Nov 2023.Share of gas by disposition code0%50%100%Flared 4.4%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    91% · 10,920 mcf

  • Lease fuel (1)

    8.5% · 1,028 mcf

  • Flared (4)

    0.8% · 94 mcf

0.8% of the gas flared in the last 12 months. One month above 3%.

Who has run this lease

The operator changed 3 times, most recently in Sep 2022

Operators of this lease over timeEncana Oil & Gas(usa) Inc., Jan 2020 to Jan 2020; Ovintiv USA Inc., Feb 2020 to Apr 2021; Validus NRG Aquilas Assetco LLC, May 2021 to Aug 2022; Devon Energy Production Co, L.P., Sep 2022 to Jul 20262020202120222023202420252026Changed Feb 2020Changed May 2021Changed Sep 2022Encana Oil & Gas(usa) Inc.Jan 2020 to Jan 2020Ovintiv USA Inc.Feb 2020 to Apr 2021Validus NRG Aquilas Assetco L…May 2021 to Aug 2022Devon Energy Production Co, L…Sep 2022 to now
Operators of this lease over timeEncana Oil & Gas(usa) Inc., Jan 2020 to Jan 2020; Ovintiv USA Inc., Feb 2020 to Apr 2021; Validus NRG Aquilas Assetco LLC, May 2021 to Aug 2022; Devon Energy Production Co, L.P., Sep 2022 to Jul 20262020202120222023202420252026Changed Feb 2020Changed May 2021Changed Sep 2022Encana Oil & Gas(usa) Inc.Jan 2020 to Jan 2020Ovintiv USA Inc.Feb 2020 to Apr 2021Validus NRG Aquilas Assetco LLCMay 2021 to Aug 2022Devon Energy Production Co, L.P.Sep 2022 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on L.B. HAILEY UNIT
API numberWell no.Status
42-255-364119HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Enterprise Crude Oil LLCCondensateGathers20Apr 1, 2023–
Harvest Marketing & Trading, LLCCondensateGathers20Apr 1, 2023–
Mv Purchasing, LLCCondensateGathers20Feb 1, 2025–
Phillips 66 CompanyCondensateGathers20Apr 1, 2023–
Plains Pipeline L.p.CondensateGathers10Feb 1, 2025–
Shell Trading (Us) CompanyCondensateGathers10Apr 1, 2023–
Enterprise Products Operating LLCGas-well gasBuys100Aug 15, 2019–
Enterprise Products Operating LLCGas-well gasGathers100Aug 15, 2019–
Ironwood Midst Energy Ptnrs LLCCondensateGathers10Apr 1, 2023Feb 1, 2025
Mv Purchasing, LLCCondensateGathers10Apr 1, 2023Feb 1, 2025
Valero Marketing and Supply Co.CondensateGathers10Apr 1, 2023Feb 1, 2025
Harvest Marketing & Trading, LLCCondensateGathers50Dec 1, 2022Apr 1, 2023
Phillips 66 CompanyCondensateGathers50Dec 1, 2022Apr 1, 2023
Ptt Premier Trading and Tran LLCCondensateGathers100Jan 1, 2022Dec 1, 2022

SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).

Who buys my oilOil price check

691.54 acres on the newest permit

  • Good to know

    A pooling certificate (P-12) was filed

    Your tract may share its production with neighbors in a pooled unit. The unit acres the operator uses to divide production can differ from the acreage on one permit.

Check your decimal on this lease
Permits for L.b. Hailey Unit
API numberWell no.Acreson the permit
42-255-364119H691.54

SourceRailroad Commission drilling permits, Oct 3, 2026 (source 1, source 2).

Unit decimal checker

What Devon Energy Corporation told investors it received

Devon Energy Production Co, L.P. is linked to Devon Energy Corporation (DVN).
Realized prices reported by Devon Energy Corporation
QuarterOil$ per bblFiling
Q2 2026$95.10SEC filing
Q1 2026$69.66SEC filing
Q4 2025$57.19SEC filing
Q3 2025$63.21SEC filing
Q2 2025$61.70SEC filing
Q1 2025$69.13SEC filing

SourceDevon Energy Corporation quarterly reports, SEC EDGAR, company-wide averages before hedging.

Estimate your royalty

36 months, newest first

Ledger for L.B. HAILEY UNIT
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Devon Energy12312187577711$80.46$2.89
Jun 2026Devon Energy11211190280411$84.81$3.15
May 2026Devon Energy585950244610$102.13$2.94
Apr 2026Devon Energy73726605928$100.32$2.77
Mar 2026Devon Energy58581191072$91.38$3.04
Feb 2026Devon Energy40421841654$64.51$3.62
Jan 2026Devon Energy17017093884516$60.04$7.72
Dec 2025Devon Energy1581579828987$57.97$4.26
Nov 2025Devon Energy88891,1291,0385$60.06$3.79
Oct 2025Devon Energy1171201,3421,2235$60.89$3.19
Sep 2025Devon Energy1511462,0151,83311$63.96$2.97
Aug 2025Devon Energy1371372,3942,1924$64.86$2.91
Jul 2025Devon Energy1431481,9591,8377$68.39$3.20
Jun 2025Devon Energy5925967,4657,12137$68.17$3.02
May 2025Devon Energy8968956,9646,64413$62.17$3.12
Apr 2025Devon Energy6876834,5684,37023$63.54$3.42
Mar 2025Devon Energy8688769,2708,88640$68.24$4.12
Feb 2025Devon Energy1,3511,3572,0291,94114$71.53$4.19
Jan 2025Devon Energy1,3801,3632,4662,35629$75.74$4.13
Dec 2024Devon Energy7687652,0751,97311$70.12$3.01
Nov 2024Devon Energy01000$69.95$2.12
Oct 2024Devon Energy3363381,4191,37815$71.99$2.20
Sep 2024Devon Energy3963972,4112,25112$70.24$2.28
Aug 2024Devon Energy3813823,4363,19513$76.68$1.99
Jul 2024Devon Energy1711672,2362,0987$81.80$2.07
Jun 2024Devon Energy82855,9575,62021$79.77$2.54
May 2024Devon Energy77978414,12413,35784$80.02$2.12
Apr 2024Devon Energy6977148,9178,45563$85.35$1.60
Mar 2024Devon Energy1,1581,1386,1125,64061$81.28$1.49
Feb 2024Devon Energy1,1181,1127,1096,57577$77.25$1.72
Jan 2024Devon Energy00000$74.15$3.18
Dec 2023Devon Energy00000$71.90$2.52
Nov 2023Devon Energy6520936530816$77.69$2.71
Oct 2023Devon Energy1,3881,3776,0495,372138$85.64$2.98
Sep 2023Devon Energy1,1931,10211,86510,029279$89.43$2.64
Aug 2023Devon Energy6126577,4176,367159$81.39$2.58

Flared above 3%

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.

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Nearby

This lease belongs to

OperatorDevon Energy Production Co, L.P.FieldSugarkane (Eagle Ford)CountyKarnes County

Devon Energy Production Co, L.P. in Karnes County

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Sugarkane (Eagle Ford) field

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