BORCHERS-WILBAR

Operated by PANTHER CITY ENERGY LLC (P-5 638494) 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 208536District 09Field 65280200CondensateGasSaveExport
Value, all time
$684 k
Apr 2005 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
254
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
CondensateDisposition786 bbl$46,385
GasProduction103,357 Mcf$637,949
Total$684,334

Every month this lease reported (254)

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

254 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 2020010616.921.81$192
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 2019018456.803.06$563
Feb 2019038450.852.79$1,072
Jan 2019049646.033.23$1,601
Dec 2018024546.594.19$1,025
Nov 2018041752.934.24$1,767
Oct 2018037261.443.40$1,264
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 2018252865.142.93$1,711
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20186811963.842.90$4,686
Mar 2018027561.222.79$766
Feb 20180161.782.77$3
Jan 20180062.874.01$0
Dec 2017017157.272.92$500
Nov 20178832155.423.12$5,878
Oct 2017049949.292.98$1,489
Sep 2017040247.523.09$1,241
Aug 2017033945.373.00$1,018
Jul 2017024343.873.09$750
Jun 201715024242.493.09$7,121
May 2017067145.373.26$2,190
Apr 201701,53347.933.21$4,923
Mar 201701,00246.772.98$2,990
Feb 20172498950.452.95$4,131
Jan 2017074049.413.42$2,530
Dec 201611031048.763.72$6,518
Nov 2016019242.492.64$508
Oct 2016052846.193.09$1,632
Sep 201602,63441.553.10$8,167
Aug 2016084641.442.92$2,474
Jul 20169076241.622.92$5,974
Jun 201601,06445.352.69$2,858
May 2016037842.521.99$753
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 201509256.152.88$265
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 2014021270.464.25$901
Oct 20141546478.303.90$2,985
Sep 20141774386.164.05$4,470
Aug 2014049189.394.04$1,981
Jul 2014056996.564.18$2,378
Jun 2014062498.164.74$2,956
May 2014052094.734.73$2,458
Apr 2014048395.944.81$2,323
Mar 2014053095.895.06$2,680
Feb 2014033397.406.19$2,062
Jan 2014043390.404.86$2,105
Dec 201309191.824.35$396
Nov 2013047488.853.74$1,772
Oct 2013047497.423.78$1,791
Sep 20130495104.113.72$1,840
Aug 20130467104.253.52$1,645
Jul 20130482102.523.72$1,792
Jun 20132845294.403.93$4,421
May 2013043894.834.15$1,817
Apr 2013028793.964.28$1,229
Mar 2013031893.623.91$1,244
Feb 2013033991.233.42$1,159
Jan 2013050591.603.42$1,727
Dec 2012047786.773.42$1,631
Nov 20120086.953.62$0
Oct 2012025689.383.40$870
Sep 20126744794.672.92$7,647
Aug 2012039692.662.91$1,152
Jul 2012061585.133.02$1,858
Jun 2012052979.822.52$1,333
May 2012054091.612.49$1,344
Apr 20120533101.652.00$1,064
Mar 20120651105.052.22$1,447
Feb 20120929101.102.57$2,388
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 2011055483.404.15$2,299
Jul 2011066994.144.52$3,022
Jun 2011067492.904.64$3,127
May 2011079898.134.40$3,515
Apr 20110626105.964.33$2,713
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 2010025478.103.51$891
Sep 201001,00572.633.98$3,999
Aug 20100073.684.42$0
Jul 2010011572.554.74$545
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 2010017773.585.44$963
Jan 2010063474.365.96$3,781
Dec 2009058371.445.48$3,197
Nov 2009065274.593.75$2,446
Oct 2009045672.544.11$1,874
Sep 2009030465.543.06$932
Aug 2009066767.423.22$2,147
Jul 2009069761.133.46$2,415
Jun 2009073866.163.90$2,875
May 2009069954.743.93$2,744
Apr 2009058846.773.59$2,109
Mar 2009063042.144.06$2,557
Feb 2009070732.814.63$3,276
Jan 2009071635.865.37$3,846
Dec 2008048437.105.98$2,893
Nov 2008076155.496.86$5,221
Oct 20083189875.246.92$8,548
Sep 20080884101.767.88$6,963
Aug 20080945114.228.48$8,016
Jul 20080993131.0811.39$11,310
Jun 20080897131.3313.03$11,690
May 20080959123.1711.57$11,100
Apr 20080855110.3110.45$8,939
Mar 20080901101.909.66$8,707
Feb 2008091892.538.77$8,051
Jan 2008097790.388.21$8,017
Dec 200701,07588.337.30$7,850
Nov 200701,05291.677.29$7,671
Oct 200701,15382.856.92$7,981
Sep 2007421,06575.846.24$9,835
Aug 200701,14469.066.39$7,308
Jul 200701,20770.906.39$7,710
Jun 200701,23762.007.55$9,337
May 200701,09858.747.85$8,615
Apr 200701559.617.81$117
Mar 200704,86856.927.30$35,546
Feb 2007010055.108.22$822
Jan 2007088450.306.73$5,947
Dec 200601,04956.656.92$7,257
Nov 200601,00454.207.62$7,648
Oct 2006311,07954.906.01$8,191
Sep 200601,09460.085.04$5,511
Aug 200601,11568.717.34$8,184
Jul 200601,13769.376.34$7,212
Jun 2006077266.286.38$4,928
May 200601,23866.016.42$7,954
Apr 200601,14664.397.36$8,435
Mar 200601,33856.707.08$9,477
Feb 200601,23657.597.75$9,580
Jan 200601,47460.598.93$13,168
Dec 200501,59254.9413.42$21,357
Nov 200501,53354.6910.59$16,232
Oct 200501,62158.3413.80$22,363
Sep 200501,35461.4512.08$16,355
Aug 200501,82961.519.80$17,918
Jul 200502,00455.697.84$15,719
Jun 200502,47252.337.38$18,246
May 200503,05045.226.65$20,286
Apr 200503,72549.207.36$27,418

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.

May 2020 — as filed, then multipliedworked
Condensate             0 bbl  × $ 16.92 =         $0
Gas                  106 Mcf  × $  1.81 =       $192

────────────────────────────────────────────────────
Month total                                     $192

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/208536 is the state's own key, not one this site invented.