HALLMARK "B"

Operated by BLACKWATER OIL & GAS CORPORATION (P-5 73325) 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 213722District 09Field 65280200CondensateGasSaveExport
Value, all time
$1.2 M
Nov 2005 – Dec 2013
Value, last 12 filed months
$0
at the published price for each month
Months reported
98
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
CondensateDisposition548 bbl$40,052
GasProduction158,956 Mcf$1,173,832
Total$1,213,884

Every month this lease reported (98)

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

98 months

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 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 201210089.383.40$894
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
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 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 201182096.364.06$7,902
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090174.593.75$4
Oct 20090172.544.11$4
Sep 200901,11265.543.06$3,408
Aug 2009044667.423.22$1,435
Jul 200901,28361.133.46$4,445
Jun 200901,90866.163.90$7,432
May 200901,78054.743.93$6,988
Apr 200901,82846.773.59$6,558
Mar 2009112,11742.144.06$9,056
Feb 200981,98032.814.63$9,436
Jan 200962,11435.865.37$11,569
Dec 200882,39637.105.98$14,618
Nov 200862,30055.496.86$16,112
Oct 200802,49675.246.92$17,277
Sep 2008101,938101.767.88$16,283
Aug 200802,832114.228.48$24,024
Jul 200801,890131.0811.39$21,526
Jun 200802,661131.3313.03$34,680
May 2008461,917123.1711.57$27,854
Apr 200802,724110.3110.45$28,479
Mar 200801,773101.909.66$17,134
Feb 200801,14492.538.77$10,034
Jan 200807590.388.21$615
Dec 200702,48488.337.30$18,138
Nov 200702,43491.677.29$17,748
Oct 200703,08182.856.92$21,327
Sep 200704,09475.846.24$25,564
Aug 200703,68769.066.39$23,552
Jul 200703,63670.906.39$23,227
Jun 200704,99562.007.55$37,705
May 200703,15958.747.85$24,786
Apr 2007955,84859.617.81$51,308
Mar 200795,25456.927.30$38,877
Feb 200704,99255.108.22$41,014
Jan 200704,82850.306.73$32,477
Dec 200603,00856.656.92$20,811
Nov 200604,88654.207.62$37,219
Oct 200605,81254.906.01$34,952
Sep 2006144,72060.085.04$24,617
Aug 2006433,40668.717.34$27,954
Jul 200604,93969.376.34$31,327
Jun 20061567,23766.286.38$56,540
May 200608,31266.016.42$53,405
Apr 2006206,58464.397.36$49,749
Mar 2006134,39156.707.08$31,838
Feb 200603,55157.597.75$27,524
Jan 2006114,57360.598.93$41,519
Dec 200504,80154.9413.42$64,407
Nov 200505,52854.6910.59$58,533

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.

Oct 2012 — as filed, then multipliedworked
Condensate            10 bbl  × $ 89.38 =       $894
Gas                    0 Mcf  × $  3.40 =         $0

────────────────────────────────────────────────────
Month total                                     $894

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/213722 is the state's own key, not one this site invented.