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 203383District 09Field 65280200CondensateGasSaveExport
Value, all time
$400 k
Jul 2004 – Dec 2014
Value, last 12 filed months
$0
at the published price for each month
Months reported
126
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
CondensateDisposition107 bbl$10,812
GasProduction54,462 Mcf$388,971
Total$399,783

Every month this lease reported (126)

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

126 months

Dec 20140054.693.59$0
Nov 20140070.464.25$0
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 20137088.853.74$622
Oct 201323197.423.78$2,244
Sep 201300104.113.72$0
Aug 20133233104.253.52$3,452
Jul 20134525102.523.72$4,706
Jun 2013011994.403.93$468
May 2013011694.834.15$481
Apr 20130393.964.28$13
Mar 20130993.623.91$35
Feb 20130791.233.42$24
Jan 20130091.603.42$0
Dec 201208086.773.42$274
Nov 201206886.953.62$247
Oct 2012018389.383.40$622
Sep 20120094.672.92$0
Aug 201206392.662.91$183
Jul 201208485.133.02$254
Jun 201204779.822.52$118
May 2012011091.612.49$274
Apr 2012051101.652.00$102
Mar 2012033105.052.22$73
Feb 2012028101.102.57$72
Jan 201204598.092.73$123
Dec 201101596.873.24$49
Nov 2011012795.723.31$421
Oct 2011011784.983.65$427
Sep 201109483.623.99$375
Aug 2011020183.404.15$834
Jul 2011023194.144.52$1,043
Jun 2011011892.904.64$548
May 2011025198.134.40$1,106
Apr 20110133105.964.33$576
Mar 2011017996.364.06$726
Feb 2011013985.644.18$581
Jan 2011013386.504.59$610
Dec 2010013685.734.35$591
Nov 2010019480.843.80$736
Oct 2010013078.103.51$456
Sep 2010020972.633.98$832
Aug 2010022073.684.42$972
Jul 201009272.554.74$436
Jun 2010014870.364.91$727
May 2010024071.124.24$1,016
Apr 2010018181.694.12$746
Mar 2010010478.394.39$456
Feb 2010016973.585.44$920
Jan 201007674.365.96$453
Dec 2009016871.445.48$921
Nov 2009026774.593.75$1,002
Oct 2009015872.544.11$649
Sep 2009022165.543.06$677
Aug 2009016967.423.22$544
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 2009017254.743.93$675
Apr 20090146.773.59$4
Mar 2009027842.144.06$1,128
Feb 2009010232.814.63$473
Jan 2009024335.865.37$1,305
Dec 2008055037.105.98$3,287
Nov 2008010855.496.86$741
Oct 2008023075.246.92$1,592
Sep 20080200101.767.88$1,575
Aug 20080695114.228.48$5,896
Jul 20080308131.0811.39$3,508
Jun 20080389131.3313.03$5,070
May 20080326123.1711.57$3,773
Apr 20080306110.3110.45$3,199
Mar 20080328101.909.66$3,170
Feb 2008040692.538.77$3,561
Jan 2008033490.388.21$2,741
Dec 2007033288.337.30$2,424
Nov 2007035291.677.29$2,567
Oct 2007036682.856.92$2,533
Sep 2007038075.846.24$2,373
Aug 2007039569.066.39$2,523
Jul 2007047770.906.39$3,047
Jun 2007047462.007.55$3,578
May 2007053658.747.85$4,206
Apr 2007066559.617.81$5,190
Mar 2007062156.927.30$4,535
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 2006026756.656.92$1,847
Nov 2006060254.207.62$4,586
Oct 2006062054.906.01$3,729
Sep 2006081660.085.04$4,110
Aug 2006084768.717.34$6,217
Jul 2006065569.376.34$4,155
Jun 2006091966.286.38$5,867
May 200601,49866.016.42$9,625
Apr 2006099364.397.36$7,309
Mar 2006036256.707.08$2,564
Feb 2006030657.597.75$2,372
Jan 2006015460.598.93$1,376
Dec 200501,75854.9413.42$23,584
Nov 200501,07854.6910.59$11,414
Oct 200501,22558.3413.80$16,900
Sep 200501,19461.4512.08$14,422
Aug 200501,34461.519.80$13,167
Jul 200501,29555.697.84$10,158
Jun 200501,32052.337.38$9,743
May 200501,39745.226.65$9,292
Apr 200501,36249.207.36$10,025
Mar 200501,61150.377.15$11,527
Feb 200502,13645.226.31$13,482
Jan 200502,23743.166.32$14,143
Dec 200402,45439.866.75$16,567
Nov 200402,91045.286.33$18,422
Oct 200402,22549.706.52$14,496
Sep 200402,88043.245.28$15,218
Aug 200402,69842.375.55$14,976
Jul 20040038.286.08$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.

Nov 2013 — as filed, then multipliedworked
Condensate             7 bbl  × $ 88.85 =       $622
Gas                    0 Mcf  × $  3.74 =         $0

────────────────────────────────────────────────────
Month total                                     $622

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/203383 is the state's own key, not one this site invented.