KIRKPATRICK

Operated by CROWN EQUIPMENT CO. (P-5 191534) 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 205395District 09Field 65280200CondensateGasSaveExport
Value, all time
$59 k
Dec 2004 – Apr 2006
Value, last 12 filed months
$37 k
at the published price for each month
Months reported
17
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
CondensateDisposition11 bbl$708
GasProduction6,948 Mcf$58,241
Total$58,949

Every month this lease reported (17)

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

17 months

Apr 200611064.397.36$708
Mar 20060056.707.08$0
Feb 200606757.597.75$519
Jan 2006028760.598.93$2,564
Dec 2005037254.9413.42$4,991
Nov 2005034554.6910.59$3,653
Oct 2005039258.3413.80$5,408
Sep 2005039261.4512.08$4,735
Aug 2005044161.519.80$4,320
Jul 2005032655.697.84$2,557
Jun 2005054352.337.38$4,008
May 2005047045.226.65$3,126
Apr 2005061149.207.36$4,497
Mar 2005092450.377.15$6,611
Feb 2005090745.226.31$5,725
Jan 2005082443.166.32$5,209
Dec 200404739.866.75$317

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.

Apr 2006 — as filed, then multipliedworked
Condensate            11 bbl  × $ 64.39 =       $708
Gas                    0 Mcf  × $  7.36 =         $0

────────────────────────────────────────────────────
Month total                                     $708

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/205395 is the state's own key, not one this site invented.