NEWMAN GAS UNIT

Operated by XTO ENERGY INC. (P-5 945936) in the CHENEYBORO (COTTON VALLEY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 3943District 05Field 17427500OilSaveExport
Value, all time
$1.7 M
Jan 2010 – Feb 2016
Value, last 12 filed months
$16 k
at the published price for each month
Months reported
74
no gaps in the span
Streams
1
oil

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 98 leases and 104 wells, and the rule below applies to all of them.

Discovered
1978-02-13
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 160 acres. The field rule took effect on 2013-05-07.

The Commission's schedule remark for this field reads: ALLOCATION FORMULA REMAINS SUSPENDED.

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
OilDisposition20,376 bbl$1,747,497
Total$1,747,497

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 31.9713, -96.3043. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.97129, -96.30429 · 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
9,664 ft
1 wells filed one
Completion to plug
5.8 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 9,664 ft.

Completions filed
Feb 2010
1 of 1 wells
Plug dates filed
Nov 2015
1 of 1 wells

Last completion to plug: a median of 5.8 years across the 1 well that filed both dates, with the middle half between 5.8 years and 5.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-349348811H9,664 ftFeb 2010Nov 2015Yes

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 (74)

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

74 months

Feb 2016026.472.06$0
Jan 2016027.352.36$0
Dec 20154532.362.00$1,456
Nov 2015038.792.17$0
Oct 2015043.552.43$0
Sep 2015142.992.76$43
Aug 201517040.162.87$6,827
Jul 2015048.152.95$0
Jun 2015056.152.88$0
May 2015055.212.96$0
Apr 2015049.822.71$0
Mar 201517342.892.93$7,420
Feb 2015044.662.98$0
Jan 201518743.433.10$8,121
Dec 201417154.693.59$9,352
Nov 201418070.464.25$12,683
Oct 2014078.303.90$0
Sep 201417986.164.05$15,423
Aug 201418089.394.04$16,090
Jul 2014096.564.18$0
Jun 201418798.164.74$18,356
May 201417094.734.73$16,104
Apr 201418595.944.81$17,749
Mar 201418495.895.06$17,644
Feb 201418297.406.19$17,727
Jan 201418090.404.86$16,272
Dec 201317991.824.35$16,436
Nov 2013088.853.74$0
Oct 201318297.423.78$17,730
Sep 2013168104.113.72$17,490
Aug 2013180104.253.52$18,765
Jul 2013352102.523.72$36,087
Jun 201318394.403.93$17,275
May 201318594.834.15$17,544
Apr 201317993.964.28$16,819
Mar 201318693.623.91$17,413
Feb 201318291.233.42$16,604
Jan 201336991.603.42$33,800
Dec 201218186.773.42$15,705
Nov 201236786.953.62$31,911
Oct 201217989.383.40$15,999
Sep 201235994.672.92$33,987
Aug 201218092.662.91$16,679
Jul 201217385.133.02$14,727
Jun 201235779.822.52$28,496
May 201235891.612.49$32,796
Apr 2012360101.652.00$36,594
Mar 2012177105.052.22$18,594
Feb 2012360101.102.57$36,396
Jan 201254598.092.73$53,459
Dec 201136796.873.24$35,551
Nov 201117895.723.31$17,038
Oct 201136684.983.65$31,103
Sep 201135383.623.99$29,518
Aug 201170283.404.15$58,547
Jul 201135294.144.52$33,137
Jun 201153292.904.64$49,423
May 201154098.134.40$52,990
Apr 2011730105.964.33$77,351
Mar 201118496.364.06$17,730
Feb 201173685.644.18$63,031
Jan 201172786.504.59$62,886
Dec 201071885.734.35$61,554
Nov 201035880.843.80$28,941
Oct 201036678.103.51$28,585
Sep 201071372.633.98$51,785
Aug 201072073.684.42$53,050
Jul 201054172.554.74$39,250
Jun 201088970.364.91$62,550
May 201072071.124.24$51,206
Apr 201054781.694.12$44,684
Mar 201036478.394.39$28,534
Feb 201018073.585.44$13,244
Jan 201017874.365.96$13,236

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.

Dec 2015 — as filed, then multipliedworked
Oil                   45 bbl  × $ 32.36 =     $1,456

────────────────────────────────────────────────────
Month total                                   $1,456

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. 05/O/3943 is the state's own key, not one this site invented.