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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

7,061mcf gas, last 12 months−32% vs prior year
Operator
Devon Energy Production Co, L.P.
County
Karnes County
Field
Sugarkane (Eagle Ford)
RRC lease
02-288560

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Where it sits

This county

Karnes CountyKarnesAtascosaGoliadWilsonGonzalesDe WittBexarKarnes County
Karnes County
Oil, last 12 months
7,084 bbl
Gas in Jul 2026
1,013 mcf

Production by month

Gas output fell 32% over the last 12 months

  • Gas (bars)
  • Oil (line)
  • Last 12 months
Gas output fell 32% over the last 12 monthsMonthly gas production and oil for L.B. HAILEY UNIT, Aug 2023 to Jul 2026. Gas output fell 32% over the last 12 months. 7,061 mcf in the 12 months through Jul 2026, against 10,352 mcf in the 12 months before.Last 12 months: 7,061 mcfmcf per monthbbl per month005,00050010k1,00015k1,50020k2,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Gas output fell 32% over the last 12 monthsMonthly gas production and oil for L.B. HAILEY UNIT, Aug 2023 to Jul 2026. Gas output fell 32% over the last 12 months. 7,061 mcf in the 12 months through Jul 2026, against 10,352 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

90% of the gas went to a processing plant in the last 12 months

Flaring peaked at 4.3% of the gas in Nov 2023.

  • Processing plant (3)
  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
90% 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. 90% of the gas went to a processing plant in the last 12 months. Flaring peaked at 4.3% of the gas in Nov 2023.Share of the lease’s gas by disposition code, per month0%50%100%Flared 4.3%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
90% 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. 90% of the gas went to a processing plant in the last 12 months. Flaring peaked at 4.3% of the gas in Nov 2023.Share of gas by disposition code0%50%100%Flared 4.3%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    90% · 6,345 mcf

  • Lease fuel (1)

    9.0% · 639 mcf

  • Flared (4)

    1.1% · 77 mcf

1.1% 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
42-255-3641210HActive

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 14, 2019–
Enterprise Products Operating LLCGas-well gasGathers100Aug 14, 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
42-255-3641210H691.54

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 Energy8928791,01390013$80.46$2.89
Jun 2026Devon Energy7717761,02291113$84.81$3.15
May 2026Devon Energy7827971,09497122$102.13$2.94
Apr 2026Devon Energy1,0701,0391,5911,42719$100.32$2.77
Mar 2026Devon Energy37737936321$91.38$3.04
Feb 2026Devon Energy33133370631$64.51$3.62
Jan 2026Devon Energy5755711241122$60.04$7.72
Dec 2025Devon Energy47347135320$57.97$4.26
Nov 2025Devon Energy29429735320$60.06$3.79
Oct 2025Devon Energy38939326240$60.89$3.19
Sep 2025Devon Energy3673635444953$63.96$2.97
Aug 2025Devon Energy7637681,4711,3463$64.86$2.91
Jul 2025Devon Energy1,0221,0081,3641,2795$68.39$3.20
Jun 2025Devon Energy2452421,0139665$68.17$3.02
May 2025Devon Energy014000$62.17$3.12
Apr 2025Devon Energy9899831,6661,5939$63.54$3.42
Mar 2025Devon Energy1,1651,1691,6691,6007$68.24$4.12
Feb 2025Devon Energy1,0911,0961,8161,73713$71.53$4.19
Jan 2025Devon Energy1,1641,1492,1812,08426$75.74$4.13
Dec 2024Devon Energy4134116436123$70.12$3.01
Nov 2024Devon Energy00000$69.95$2.12
Oct 2024Devon Energy00000$71.99$2.20
Sep 2024Devon Energy00000$70.24$2.28
Aug 2024Devon Energy00000$76.68$1.99
Jul 2024Devon Energy02000$81.80$2.07
Jun 2024Devon Energy1721716185832$79.77$2.54
May 2024Devon Energy2632737386994$80.02$2.12
Apr 2024Devon Energy8638826185864$85.35$1.60
Mar 2024Devon Energy1,3261,3037,2046,64971$81.28$1.49
Feb 2024Devon Energy1,3371,3309,6588,933104$77.25$1.72
Jan 2024Devon Energy00000$74.15$3.18
Dec 2023Devon Energy00000$71.90$2.52
Nov 2023Devon Energy8217750943022$77.69$2.71
Oct 2023Devon Energy9159468,2617,335189$85.64$2.98
Sep 2023Devon Energy1,1271,08511,2409,501264$89.43$2.64
Aug 2023Devon Energy1,2281,29015,60613,395336$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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