HEFLIN

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 205261District 09Field 65280200CondensateGasSaveExport
Value, all time
$3.0 M
Sep 2004 – May 2014
Value, last 12 filed months
$0
at the published price for each month
Months reported
117
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
CondensateDisposition2 bbl$137
GasProduction446,445 Mcf$3,021,042
Total$3,021,179

Every month this lease reported (117)

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

117 months

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 2012080101.102.57$206
Jan 2012095098.092.73$2,597
Dec 201101,53196.873.24$4,960
Nov 201102,37895.723.31$7,874
Oct 201102,51484.983.65$9,172
Sep 201102,58283.623.99$10,291
Aug 201102,62383.404.15$10,884
Jul 2011091594.144.52$4,133
Jun 2011053992.904.64$2,501
May 201101,28498.134.40$5,656
Apr 20110432105.964.33$1,872
Mar 201101,69096.364.06$6,857
Feb 201101,50485.644.18$6,287
Jan 201102,36186.504.59$10,834
Dec 201005,87885.734.35$25,556
Nov 201002,20380.843.80$8,361
Oct 201003,46578.103.51$12,158
Sep 201002,52772.633.98$10,056
Aug 201001,90873.684.42$8,432
Jul 201003,51272.554.74$16,635
Jun 201003,41870.364.91$16,784
May 201003,44671.124.24$14,595
Apr 201004,02081.694.12$16,573
Mar 201001,30078.394.39$5,705
Feb 201003,51373.585.44$19,119
Jan 201002,82774.365.96$16,860
Dec 200903,17071.445.48$17,383
Nov 200903,96174.593.75$14,860
Oct 200905,05572.544.11$20,777
Sep 200905,46165.543.06$16,737
Aug 200905,36667.423.22$17,270
Jul 200905,57061.133.46$19,297
Jun 200905,24766.163.90$20,437
May 200906,53054.743.93$25,635
Apr 200905,80146.773.59$20,811
Mar 200904,47842.144.06$18,176
Feb 200902,47632.814.63$11,471
Jan 200904,32335.865.37$23,219
Dec 200804,11037.105.98$24,566
Nov 200803,72555.496.86$25,555
Oct 200804,57175.246.92$31,640
Sep 200804,235101.767.88$33,359
Aug 200804,201114.228.48$35,637
Jul 200804,415131.0811.39$50,284
Jun 200805,945131.3313.03$77,479
May 200801,203123.1711.57$13,924
Apr 200802,385110.3110.45$24,935
Mar 200803,402101.909.66$32,877
Feb 200802,28592.538.77$20,041
Jan 200801,73590.388.21$14,237
Dec 200703,84088.337.30$28,040
Nov 200704,67591.677.29$34,089
Oct 200703,82682.856.92$26,484
Sep 200704,18675.846.24$26,138
Aug 200704,13569.066.39$26,414
Jul 200704,82370.906.39$30,809
Jun 2007016,32662.007.55$123,236
May 200703,38058.747.85$26,520
Apr 200702,61159.617.81$20,379
Mar 200704,92056.927.30$35,926
Feb 200702,12555.108.22$17,459
Jan 200702,62450.306.73$17,651
Dec 200606,83356.656.92$47,274
Nov 200602,15154.207.62$16,385
Oct 200604,41354.906.01$26,539
Sep 200603,28960.085.04$16,567
Aug 200627,32868.717.34$53,924
Jul 200604,75069.376.34$30,128
Jun 200603,90966.286.38$24,955
May 200607,17666.016.42$46,106
Apr 20060064.397.36$0
Mar 2006023656.707.08$1,672
Feb 200603,77757.597.75$29,276
Jan 2006010,81360.598.93$96,596
Dec 200501,32154.9413.42$17,722
Nov 200503,78454.6910.59$40,067
Oct 2005011,08058.3413.80$152,857
Sep 2005011,11461.4512.08$134,246
Aug 200506,47061.519.80$63,386
Jul 200502,42755.697.84$19,037
Jun 2005011,90852.337.38$87,893
May 200506,94845.226.65$46,212
Apr 200509,68449.207.36$71,279
Mar 2005010,60050.377.15$75,842
Feb 2005012,43345.226.31$78,476
Jan 2005015,30443.166.32$96,755
Dec 2004015,21739.866.75$102,731
Nov 2004024,07545.286.33$152,405
Oct 2004032,79949.706.52$213,689
Sep 200408543.245.28$449

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.

Feb 2012 — as filed, then multipliedworked
Condensate             0 bbl  × $101.10 =         $0
Gas                   80 Mcf  × $  2.57 =       $206

────────────────────────────────────────────────────
Month total                                     $206

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/205261 is the state's own key, not one this site invented.