VANN CATTLE

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 205262District 09Field 65280200CondensateGasSaveExport
Value, all time
$497 k
Oct 2004 – Jun 2010
Value, last 12 filed months
$195
at the published price for each month
Months reported
69
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
CondensateDisposition1 bbl$52
GasProduction76,218 Mcf$497,359
Total$497,411

Every month this lease reported (69)

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

69 months

Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 201001278.394.39$53
Feb 201002573.585.44$136
Jan 20100174.365.96$6
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 200903266.163.90$125
May 200903,03154.743.93$11,899
Apr 200903,72346.773.59$13,356
Mar 200901,27342.144.06$5,167
Feb 200901,84632.814.63$8,553
Jan 200901,47935.865.37$7,944
Dec 200801,70537.105.98$10,191
Nov 200801,49855.496.86$10,277
Oct 2008084175.246.92$5,821
Sep 20080164101.767.88$1,292
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 20080910131.3313.03$11,860
May 20080356123.1711.57$4,120
Apr 20080350110.3110.45$3,659
Mar 200801,352101.909.66$13,066
Feb 200803392.538.77$289
Jan 2008014590.388.21$1,190
Dec 200706988.337.30$504
Nov 2007031891.677.29$2,319
Oct 2007026682.856.92$1,841
Sep 20070075.846.24$0
Aug 20070769.066.39$45
Jul 200702970.906.39$185
Jun 2007096262.007.55$7,262
May 200702,59058.747.85$20,322
Apr 200701,06859.617.81$8,336
Mar 2007040856.927.30$2,979
Feb 2007059255.108.22$4,864
Jan 200702,54050.306.73$17,086
Dec 200604,74556.656.92$32,828
Nov 200605,37154.207.62$40,913
Oct 200607,80354.906.01$46,926
Sep 2006073160.085.04$3,682
Aug 200602,76068.717.34$20,258
Jul 20060069.376.34$0
Jun 200602,43266.286.38$15,526
May 200603,90066.016.42$25,058
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20051152.337.38$60
May 200502,45645.226.65$16,335
Apr 20050049.207.36$0
Mar 2005059650.377.15$4,264
Feb 20050645.226.31$38
Jan 200501,11743.166.32$7,062
Dec 200404,61839.866.75$31,176
Nov 200407245.286.33$456
Oct 2004011,98549.706.52$78,083

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.

Mar 2010 — as filed, then multipliedworked
Condensate             0 bbl  × $ 78.39 =         $0
Gas                   12 Mcf  × $  4.39 =        $53

────────────────────────────────────────────────────
Month total                                      $53

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/205262 is the state's own key, not one this site invented.