COBURN

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

Gas lease lease 201665District 09Field 65280200CondensateGasSaveExport
Value, all time
$1.2 M
Mar 2004 – Oct 2014
Value, last 12 filed months
$0
at the published price for each month
Months reported
128
no gaps in the span
Streams
2
condensate, 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 21,881 leases and 22,468 wells, and the rule below applies to all of them.

Discovered
1981-10-15
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 20 acres. The field rule took effect on 2009-09-29.

The Commission's schedule remark for this field reads: DESIGNATED AS UFT FIELD PER DOCKET 01-0299858

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
CondensateDisposition8 bbl$502
GasProduction161,884 Mcf$1,233,859
Total$1,234,360

Every month this lease reported (128)

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

128 months

Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 2009012366.163.90$479
May 200907254.743.93$283
Apr 200909246.773.59$330
Mar 20090042.144.06$0
Feb 2009039532.814.63$1,830
Jan 2009048235.865.37$2,589
Dec 2008048337.105.98$2,887
Nov 2008031155.496.86$2,134
Oct 2008019975.246.92$1,377
Sep 20080314101.767.88$2,473
Aug 20080896114.228.48$7,601
Jul 200801,083131.0811.39$12,335
Jun 200801,063131.3313.03$13,854
May 20080711123.1711.57$8,229
Apr 20080407110.3110.45$4,255
Mar 20080384101.909.66$3,711
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 200701988.337.30$139
Nov 20070091.677.29$0
Oct 2007022082.856.92$1,523
Sep 2007028275.846.24$1,761
Aug 2007054569.066.39$3,481
Jul 2007074770.906.39$4,772
Jun 2007110,00562.007.55$75,584
May 2007012,32758.747.85$96,721
Apr 2007087859.617.81$6,853
Mar 200701,16156.927.30$8,478
Feb 200711,17555.108.22$9,709
Jan 200701,50150.306.73$10,097
Dec 200601,35156.656.92$9,347
Nov 2006062754.207.62$4,776
Oct 2006015,35554.906.01$92,342
Sep 2006015,49360.085.04$78,041
Aug 200622,62968.717.34$19,434
Jul 200612,44469.376.34$15,571
Jun 200622,54766.286.38$16,392
May 200602,90666.016.42$18,671
Apr 200601,35364.397.36$9,959
Mar 200601,16456.707.08$8,245
Feb 200606,76957.597.75$52,467
Jan 200601,33860.598.93$11,953
Dec 20050054.9413.42$0
Nov 2005055454.6910.59$5,866
Oct 200507,62658.3413.80$105,206
Sep 200509,64961.4512.08$116,550
Aug 200504,82461.519.80$47,260
Jul 200505,93855.697.84$46,576
Jun 200501,82552.337.38$13,470
May 200511,82545.226.65$12,184
Apr 2005010,70449.207.36$78,787
Mar 200502,29450.377.15$16,413
Feb 200501,61645.226.31$10,200
Jan 2005062843.166.32$3,970
Dec 2004074539.866.75$5,030
Nov 2004038745.286.33$2,450
Oct 2004063049.706.52$4,105
Sep 20040043.245.28$0
Aug 2004029842.375.55$1,654
Jul 200403,45938.286.08$21,045
Jun 200404,91236.106.43$31,599
May 2004013,51637.486.49$87,781
Apr 2004060334.475.86$3,533
Mar 20040034.365.53$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.

Jun 2009 — as filed, then multipliedworked
Condensate             0 bbl  × $ 66.16 =         $0
Gas                  123 Mcf  × $  3.90 =       $479

────────────────────────────────────────────────────
Month total                                     $479

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. 09/G/201665 is the state's own key, not one this site invented.