MCFARLAND

Operated by ENERVEST OPERATING, L.L.C. (P-5 252131) 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 202436District 09Field 65280200CondensateGasSaveExport
Value, all time
$509 k
May 2004 – Nov 2013
Value, last 12 filed months
$28 k
at the published price for each month
Months reported
115
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
CondensateDisposition5 bbl$273
GasProduction80,312 Mcf$508,751
Total$509,025

Every month this lease reported (115)

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

115 months

Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 2013065104.253.52$229
Jul 201300102.523.72$0
Jun 2013076894.403.93$3,021
May 2013037594.834.15$1,556
Apr 201302,81093.964.28$12,034
Mar 2013099393.623.91$3,885
Feb 2013082491.233.42$2,818
Jan 2013073991.603.42$2,527
Dec 2012048586.773.42$1,659
Nov 20120086.953.62$0
Oct 2012052489.383.40$1,781
Sep 2012060194.672.92$1,754
Aug 2012091492.662.91$2,658
Jul 201201,64785.133.02$4,975
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 20110386.504.59$14
Dec 20100785.734.35$30
Nov 201001580.843.80$57
Oct 201001,37478.103.51$4,821
Sep 2010014372.633.98$569
Aug 2010010273.684.42$451
Jul 2010038772.554.74$1,833
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 2010012078.394.39$527
Feb 2010012373.585.44$669
Jan 2010031574.365.96$1,879
Dec 2009041471.445.48$2,270
Nov 2009041474.593.75$1,553
Oct 2009052472.544.11$2,154
Sep 2009073565.543.06$2,253
Aug 2009076667.423.22$2,465
Jul 2009081061.133.46$2,806
Jun 2009067366.163.90$2,621
May 2009052254.743.93$2,049
Apr 2009056446.773.59$2,023
Mar 2009089642.144.06$3,637
Feb 2009075932.814.63$3,516
Jan 2009080035.865.37$4,297
Dec 2008081837.105.98$4,889
Nov 200801,08055.496.86$7,409
Oct 200801,33175.246.92$9,213
Sep 20080703101.767.88$5,538
Aug 20080805114.228.48$6,829
Jul 20080841131.0811.39$9,579
Jun 20080744131.3313.03$9,696
May 20080863123.1711.57$9,989
Apr 20080932110.3110.45$9,744
Mar 200801,180101.909.66$11,404
Feb 200801,55592.538.77$13,638
Jan 200801,27490.388.21$10,454
Dec 200701,02488.337.30$7,477
Nov 200701,06791.677.29$7,780
Oct 200701,39882.856.92$9,677
Sep 200701,32875.846.24$8,292
Aug 2007036169.066.39$2,306
Jul 2007030070.906.39$1,916
Jun 2007015362.007.55$1,155
May 2007029958.747.85$2,346
Apr 2007021759.617.81$1,694
Mar 2007014356.927.30$1,044
Feb 200706655.108.22$542
Jan 200701450.306.73$94
Dec 2006010056.656.92$692
Nov 2006029554.207.62$2,247
Oct 2006058954.906.01$3,542
Sep 2006046460.085.04$2,337
Aug 2006042068.717.34$3,083
Jul 2006066569.376.34$4,218
Jun 2006064566.286.38$4,118
May 2006070066.016.42$4,498
Apr 2006070564.397.36$5,189
Mar 2006047556.707.08$3,364
Feb 200601,23057.597.75$9,534
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 2005546754.6910.59$5,218
Oct 200501,01758.3413.80$14,030
Sep 2005092861.4512.08$11,209
Aug 2005058661.519.80$5,741
Jul 2005088955.697.84$6,973
Jun 2005096052.337.38$7,086
May 2005097245.226.65$6,465
Apr 200501,06149.207.36$7,809
Mar 200501,12450.377.15$8,042
Feb 200501,29845.226.31$8,193
Jan 200501,72643.166.32$10,912
Dec 200402,26039.866.75$15,257
Nov 200402,39845.286.33$15,180
Oct 200402,13849.706.52$13,929
Sep 200401,83143.245.28$9,675
Aug 200405,29242.375.55$29,374
Jul 200409,37038.286.08$57,009
Jun 20040036.106.43$0
May 20040037.486.49$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.

Aug 2013 — as filed, then multipliedworked
Condensate             0 bbl  × $104.25 =         $0
Gas                   65 Mcf  × $  3.52 =       $229

────────────────────────────────────────────────────
Month total                                     $229

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/202436 is the state's own key, not one this site invented.