BAKER

Operated by EAGLE OIL & GAS CO. (P-5 238634) 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 203076District 09Field 65280200GasSaveExport
Value, all time
$2.1 M
Jul 2004 – Feb 2010
Value, last 12 filed months
$35 k
at the published price for each month
Months reported
68
no gaps in the span
Streams
1
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
GasProduction285,222 Mcf$2,054,543
Total$2,054,543

Every month this lease reported (68)

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

68 months

Feb 2010073.585.44$0
Jan 2010074.365.96$0
Dec 2009071.445.48$0
Nov 2009074.593.75$0
Oct 2009072.544.11$0
Sep 200939265.543.06$1,201
Aug 200989267.423.22$2,871
Jul 20092,74261.133.46$9,500
Jun 20091,40966.163.90$5,488
May 200997754.743.93$3,835
Apr 20091,55446.773.59$5,575
Mar 20091,55442.144.06$6,308
Feb 20093,15232.814.63$14,603
Jan 20092,71135.865.37$14,561
Dec 20082,85037.105.98$17,035
Nov 20081,20755.496.86$8,280
Oct 20083,53075.246.92$24,435
Sep 20083,407101.767.88$26,837
Aug 20081,138114.228.48$9,654
Jul 2008753131.0811.39$8,576
Jun 20081,559131.3313.03$20,318
May 20081,748123.1711.57$20,232
Apr 20082,212110.3110.45$23,126
Mar 20082,156101.909.66$20,836
Feb 20082,08692.538.77$18,295
Jan 20082,55390.388.21$20,949
Dec 20071,61888.337.30$11,815
Nov 20071,88291.677.29$13,723
Oct 20073,27582.856.92$22,669
Sep 20073,67675.846.24$22,954
Aug 20075,30469.066.39$33,882
Jul 20075,73870.906.39$36,654
Jun 20071,29862.007.55$9,798
May 2007058.747.85$0
Apr 20074,68059.617.81$36,528
Mar 20077,93556.927.30$57,941
Feb 20075,10255.108.22$41,918
Jan 200711,33350.306.73$76,235
Dec 20069,57056.656.92$66,209
Nov 20066,99054.207.62$53,246
Oct 20061,23954.906.01$7,451
Sep 200663460.085.04$3,194
Aug 20062,85768.717.34$20,970
Jul 20061,88869.376.34$11,975
Jun 20064,61466.286.38$29,455
May 20064,37466.016.42$28,103
Apr 20064,81564.397.36$35,441
Mar 20062,30456.707.08$16,319
Feb 20065,99857.597.75$46,491
Jan 20066,55760.598.93$58,576
Dec 2005054.9413.42$0
Nov 20051,38054.6910.59$14,612
Oct 200580058.3413.80$11,037
Sep 20058,16061.4512.08$98,565
Aug 20055,27661.519.80$51,688
Jul 20059,24855.697.84$72,538
Jun 20058,08652.337.38$59,683
May 20056,80045.226.65$45,228
Apr 200510,99249.207.36$80,906
Mar 200519,44350.377.15$139,112
Feb 20059,24145.226.31$58,328
Jan 20059,22543.166.32$58,322
Dec 200424,71039.866.75$166,819
Nov 200423,26945.286.33$147,303
Oct 2004049.706.52$0
Sep 2004043.245.28$0
Aug 2004042.375.55$0
Jul 20044,32938.286.08$26,338

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.

Sep 2009 — as filed, then multipliedworked
Gas                  392 Mcf  × $  3.06 =     $1,201

────────────────────────────────────────────────────
Month total                                   $1,201

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/203076 is the state's own key, not one this site invented.