T.R.W.D. II

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 209438District 09Field 65280200CondensateGasSaveExport
Value, all time
$2.0 M
Apr 2005 – May 2019
Value, last 12 filed months
$0
at the published price for each month
Months reported
170
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$115
GasProduction341,535 Mcf$1,978,280
Total$1,978,395

Every month this lease reported (170)

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

170 months

May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
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 20150056.152.88$0
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 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 201401496.564.18$59
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 201403295.944.81$154
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 201309102.523.72$33
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130693.964.28$26
Mar 20130093.623.91$0
Feb 2013016691.233.42$568
Jan 2013061991.603.42$2,117
Dec 2012051386.773.42$1,755
Nov 2012058886.953.62$2,131
Oct 201201,14389.383.40$3,886
Sep 2012079194.672.92$2,308
Aug 201202,36892.662.91$6,887
Jul 201204,40685.133.02$13,310
Jun 201204,27879.822.52$10,776
May 201204,21591.612.49$10,488
Apr 201204,717101.652.00$9,419
Mar 201205,237105.052.22$11,637
Feb 201205,206101.102.57$13,381
Jan 201203,82498.092.73$10,455
Dec 201103,82796.873.24$12,398
Nov 201103,92695.723.31$13,000
Oct 201104,24384.983.65$15,481
Sep 201104,11683.623.99$16,406
Aug 201104,09183.404.15$16,975
Jul 201103,92994.144.52$17,748
Jun 201103,58592.904.64$16,634
May 201105,49898.134.40$24,218
Apr 201106,297105.964.33$27,287
Mar 201104,93296.364.06$20,011
Feb 201102,93585.644.18$12,268
Jan 201104,29886.504.59$19,723
Dec 201005,39985.734.35$23,474
Nov 201005,92680.843.80$22,491
Oct 201006,51978.103.51$22,874
Sep 201007,01072.633.98$27,896
Aug 201005,59573.684.42$24,726
Jul 201005,80872.554.74$27,510
Jun 201003,97270.364.91$19,504
May 201003,95971.124.24$16,767
Apr 201003,86481.694.12$15,930
Mar 201004,07078.394.39$17,862
Feb 201003,27673.585.44$17,829
Jan 201004,11574.365.96$24,542
Dec 200905,32871.445.48$29,217
Nov 200905,71174.593.75$21,425
Oct 200905,56972.544.11$22,890
Sep 200905,88665.543.06$18,039
Aug 200906,10367.423.22$19,643
Jul 200906,52361.133.46$22,599
Jun 200906,68266.163.90$26,026
May 200906,27854.743.93$24,646
Apr 200906,61146.773.59$23,717
Mar 200906,50142.144.06$26,388
Feb 200906,55132.814.63$30,351
Jan 20090035.865.37$0
Dec 200802,19237.105.98$13,102
Nov 200805,16155.496.86$35,406
Oct 200805,55975.246.92$38,479
Sep 200806,960101.767.88$54,825
Aug 200807,848114.228.48$66,575
Jul 200808,380131.0811.39$95,443
Jun 200809,270131.3313.03$120,812
May 2008011,209123.1711.57$129,736
Apr 2008012,207110.3110.45$127,622
Mar 2008013,228101.909.66$127,836
Feb 2008010,30692.538.77$90,390
Jan 2008013,13090.388.21$107,741
Dec 200702,43788.337.30$17,795
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20061160.085.04$65
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
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 20051154.6910.59$65
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 2005012555.697.84$980
Jun 200505,73552.337.38$42,330
May 2005010,72145.226.65$71,307
Apr 20050049.207.36$0

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.

Jul 2014 — as filed, then multipliedworked
Condensate             0 bbl  × $ 96.56 =         $0
Gas                   14 Mcf  × $  4.18 =        $59

────────────────────────────────────────────────────
Month total                                      $59

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/209438 is the state's own key, not one this site invented.