CARR

Operated by WESTERN CHIEF OPERATING, L.L.C. (P-5 911808) 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 213776District 09Field 65280200CondensateGasSave
Value, all time
$2.7 M
Apr 2005 – Oct 2012
Value, last 12 filed months
$104 k
at the published price for each month
Months reported
91
no gaps in the span
Streams
2
condensate, gas

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
CondensateDisposition10 bbl$728
GasProduction447,652 Mcf$2,735,025
Total$2,735,754

Every month this lease reported (91)

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

91 months

Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 2012020879.822.52$524
May 20120091.612.49$0
Apr 201201,694101.652.00$3,383
Mar 201202,165105.052.22$4,811
Feb 201208,199101.102.57$21,073
Jan 201206,47898.092.73$17,711
Dec 201108,67496.873.24$28,102
Nov 201108,67495.723.31$28,722
Oct 201107,27784.983.65$26,550
Sep 201107,27783.623.99$29,005
Aug 2011010,19983.404.15$42,319
Jul 201105,09094.144.52$22,993
Jun 201101,97892.904.64$9,178
May 201104,36098.134.40$19,205
Apr 201107,512105.964.33$32,552
Mar 201107,94696.364.06$32,240
Feb 2011076285.644.18$3,185
Jan 201101,25486.504.59$5,754
Dec 201005,83685.734.35$25,373
Nov 201017,73380.843.80$29,430
Oct 201007,82378.103.51$27,450
Sep 201057,33872.633.98$29,565
Aug 201005,10973.684.42$22,579
Jul 201008,82072.554.74$41,776
Jun 201008,59370.364.91$42,195
May 201049,14671.124.24$39,020
Apr 201006,27481.694.12$25,866
Mar 201009,89978.394.39$43,443
Feb 201009,64473.585.44$52,486
Jan 201009,09174.365.96$54,220
Dec 2009010,34471.445.48$56,724
Nov 2009017,71774.593.75$66,465
Oct 200902,11872.544.11$8,706
Sep 200904,13665.543.06$12,676
Aug 200908,24167.423.22$26,524
Jul 200906,55861.133.46$22,720
Jun 200907,76466.163.90$30,241
May 2009012,05054.743.93$47,305
Apr 2009014,39746.773.59$51,649
Mar 200909,79342.144.06$39,750
Feb 200907,36932.814.63$34,141
Jan 200905,02235.865.37$26,973
Dec 200807,12837.105.98$42,605
Nov 2008010,57255.496.86$72,528
Oct 2008018,41675.246.92$127,475
Sep 2008012,612101.767.88$99,346
Aug 2008017,838114.228.48$151,320
Jul 2008012,256131.0811.39$139,589
Jun 2008030,077131.3313.03$391,982
May 2008020,097123.1711.57$232,609
Apr 2008028,094110.3110.45$293,719
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
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 20060060.085.04$0
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 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
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.

Jun 2012 — as filed, then multipliedworked
Condensate             0 bbl  × $ 79.82 =         $0
Gas                  208 Mcf  × $  2.52 =       $524

────────────────────────────────────────────────────
Month total                                     $524

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/213776 is the state's own key, not one this site invented.