BALL, G. S.

Operated by J-W OPERATING CO. (P-5 427960) 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 208434District 09Field 65280200CondensateGasSaveExport
Value, all time
$1.6 M
Dec 2004 – Mar 2011
Value, last 12 filed months
$97 k
at the published price for each month
Months reported
76
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
CondensateDisposition3 bbl$163
GasProduction217,250 Mcf$1,569,607
Total$1,569,769

Every month this lease reported (76)

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

76 months

Mar 20110096.364.06$0
Feb 201101,42785.644.18$5,965
Jan 201101,94686.504.59$8,930
Dec 201002,61585.734.35$11,369
Nov 201002,68280.843.80$10,179
Oct 201002,54578.103.51$8,930
Sep 201001,88172.633.98$7,485
Aug 201001,28173.684.42$5,661
Jul 201002,40472.554.74$11,387
Jun 201002,72970.364.91$13,400
May 201001,69971.124.24$7,196
Apr 201001,50881.694.12$6,217
Mar 201001,48578.394.39$6,517
Feb 2010095473.585.44$5,192
Jan 201002,21174.365.96$13,187
Dec 200901,86571.445.48$10,227
Nov 200901,69174.593.75$6,344
Oct 200901,20472.544.11$4,949
Sep 2009098165.543.06$3,007
Aug 200901,74067.423.22$5,600
Jul 200901,01161.133.46$3,503
Jun 200901,53066.163.90$5,959
May 200901,76354.743.93$6,921
Apr 200901,65846.773.59$5,948
Mar 200902,03042.144.06$8,240
Feb 200901,65432.814.63$7,663
Jan 200901,86935.865.37$10,038
Dec 200802,03037.105.98$12,134
Nov 200801,80555.496.86$12,383
Oct 200802,74075.246.92$18,966
Sep 200803,311101.767.88$26,081
Aug 200802,793114.228.48$23,693
Jul 200803,909131.0811.39$44,521
Jun 200801,478131.3313.03$19,262
May 200803,551123.1711.57$41,100
Apr 200804,532110.3110.45$47,381
Mar 200809,497101.909.66$91,780
Feb 200809,96492.538.77$87,390
Jan 2008011,97990.388.21$98,296
Dec 200707,30988.337.30$53,370
Nov 200705,12091.677.29$37,334
Oct 200706,50882.856.92$45,048
Sep 200701,61375.846.24$10,072
Aug 2007042069.066.39$2,683
Jul 200703,87770.906.39$24,766
Jun 200703,61862.007.55$27,310
May 200703,84758.747.85$30,185
Apr 200704,89259.617.81$38,183
Mar 200701,36756.927.30$9,982
Feb 200701,36755.108.22$11,231
Jan 2007039150.306.73$2,630
Dec 2006037656.656.92$2,601
Nov 200633,11554.207.62$23,891
Oct 200604,21454.906.01$25,342
Sep 200604,31160.085.04$21,715
Aug 2006042968.717.34$3,149
Jul 20060069.376.34$0
Jun 200602,58566.286.38$16,502
May 200603,29466.016.42$21,164
Apr 200603,72464.397.36$27,410
Mar 200602,63956.707.08$18,692
Feb 200601,22257.597.75$9,472
Jan 200602,07360.598.93$18,519
Dec 200501,21454.9413.42$16,286
Nov 200505,42754.6910.59$57,463
Oct 200501,25958.3413.80$17,369
Sep 200501,82961.4512.08$22,092
Aug 200502,97561.519.80$29,146
Jul 200501,12955.697.84$8,855
Jun 200505,50252.337.38$40,610
May 200506,36145.226.65$42,308
Apr 200504,49249.207.36$33,063
Mar 200504,45550.377.15$31,875
Feb 200503,23445.226.31$20,413
Jan 200504,58543.166.32$28,987
Dec 200402,52539.866.75$17,046

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 2011 — as filed, then multipliedworked
Condensate             0 bbl  × $ 85.64 =         $0
Gas                1,427 Mcf  × $  4.18 =     $5,965

────────────────────────────────────────────────────
Month total                                   $5,965

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/208434 is the state's own key, not one this site invented.