PORTER, J.

Operated by GIANT NRG CO., LP (P-5 302592) 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 214972District 09Field 65280200CondensateGasSaveExport
Value, all time
$499 k
Jun 2005 – May 2024
Value, last 12 filed months
$837
at the published price for each month
Months reported
228
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
CondensateDisposition11 bbl$837
GasProduction78,932 Mcf$497,734
Total$498,571

Every month this lease reported (228)

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

228 months

May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 202411076.091.78$837
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 20200016.921.81$0
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 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 201502132.362.00$42
Nov 20150038.792.17$0
Oct 201502943.552.43$70
Sep 20150042.992.76$0
Aug 201502740.162.87$78
Jul 20150048.152.95$0
Jun 201503156.152.88$89
May 20150055.212.96$0
Apr 201502549.822.71$68
Mar 20150042.892.93$0
Feb 201502144.662.98$63
Jan 20150043.433.10$0
Dec 201402054.693.59$72
Nov 20140070.464.25$0
Oct 201401778.303.90$66
Sep 20140086.164.05$0
Aug 201401589.394.04$61
Jul 2014014496.564.18$602
Jun 2014044398.164.74$2,098
May 2014035794.734.73$1,687
Apr 2014069595.944.81$3,342
Mar 2014051995.895.06$2,624
Feb 2014052097.406.19$3,220
Jan 2014065890.404.86$3,198
Dec 2013036391.824.35$1,581
Nov 2013034488.853.74$1,286
Oct 2013062097.423.78$2,343
Sep 20130536104.113.72$1,993
Aug 20130659104.253.52$2,321
Jul 20130581102.523.72$2,160
Jun 2013061094.403.93$2,399
May 2013061294.834.15$2,539
Apr 2013051993.964.28$2,223
Mar 201309693.623.91$376
Feb 2013014391.233.42$489
Jan 2013020391.603.42$694
Dec 2012033586.773.42$1,146
Nov 2012054686.953.62$1,979
Oct 2012056189.383.40$1,907
Sep 2012055894.672.92$1,628
Aug 2012064192.662.91$1,864
Jul 2012027085.133.02$816
Jun 201201179.822.52$28
May 2012013391.612.49$331
Apr 20120192101.652.00$383
Mar 20120254105.052.22$564
Feb 20120488101.102.57$1,254
Jan 2012054198.092.73$1,479
Dec 2011051696.873.24$1,672
Nov 2011055095.723.31$1,821
Oct 2011013684.983.65$496
Sep 2011025983.623.99$1,032
Aug 2011025983.404.15$1,075
Jul 2011045994.144.52$2,073
Jun 2011054392.904.64$2,519
May 2011035298.134.40$1,551
Apr 20110617105.964.33$2,674
Mar 2011049396.364.06$2,000
Feb 2011049885.644.18$2,082
Jan 2011032186.504.59$1,473
Dec 2010047185.734.35$2,048
Nov 2010036180.843.80$1,370
Oct 2010037478.103.51$1,312
Sep 2010050472.633.98$2,006
Aug 2010055373.684.42$2,444
Jul 2010045572.554.74$2,155
Jun 2010037470.364.91$1,836
May 2010042271.124.24$1,787
Apr 2010061781.694.12$2,544
Mar 2010048878.394.39$2,142
Feb 2010046073.585.44$2,503
Jan 2010061774.365.96$3,680
Dec 2009067271.445.48$3,685
Nov 2009064174.593.75$2,405
Oct 2009070972.544.11$2,914
Sep 2009045065.543.06$1,379
Aug 2009052267.423.22$1,680
Jul 2009056961.133.46$1,971
Jun 2009059866.163.90$2,329
May 2009070254.743.93$2,756
Apr 2009048046.773.59$1,722
Mar 2009089342.144.06$3,625
Feb 2009076732.814.63$3,554
Jan 2009079935.865.37$4,291
Dec 2008053537.105.98$3,198
Nov 2008062555.496.86$4,288
Oct 2008060975.246.92$4,215
Sep 20080718101.767.88$5,656
Aug 20080436114.228.48$3,699
Jul 20080678131.0811.39$7,722
Jun 20080477131.3313.03$6,217
May 20080528123.1711.57$6,111
Apr 20080645110.3110.45$6,743
Mar 20080842101.909.66$8,137
Feb 2008094192.538.77$8,253
Jan 2008083490.388.21$6,844
Dec 2007089388.337.30$6,521
Nov 2007072191.677.29$5,257
Oct 2007099182.856.92$6,860
Sep 2007095975.846.24$5,988
Aug 200701,23269.066.39$7,870
Jul 200701,32170.906.39$8,438
Jun 200703,02962.007.55$22,864
May 200702,60058.747.85$20,400
Apr 200701,34359.617.81$10,482
Mar 200701,11756.927.30$8,156
Feb 200701,13055.108.22$9,284
Jan 200701,36050.306.73$9,149
Dec 200601,38356.656.92$9,568
Nov 200601,45154.207.62$11,053
Oct 200602,25454.906.01$13,555
Sep 200601,72760.085.04$8,699
Aug 2006091568.717.34$6,716
Jul 200602,49769.376.34$15,838
Jun 200601,94566.286.38$12,417
May 200601,72066.016.42$11,051
Apr 200601,74364.397.36$12,829
Mar 200601,22156.707.08$8,648
Feb 2006038757.597.75$3,000
Jan 2006050860.598.93$4,538
Dec 200502,05254.9413.42$27,528
Nov 200502,23354.6910.59$23,644
Oct 2005047358.3413.80$6,525
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$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.

Feb 2024 — as filed, then multipliedworked
Condensate            11 bbl  × $ 76.09 =       $837
Gas                    0 Mcf  × $  1.78 =         $0

────────────────────────────────────────────────────
Month total                                     $837

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/214972 is the state's own key, not one this site invented.