KARANGES "A" UNIT

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 215708District 09Field 65280200CondensateGasSaveExport
Value, all time
$3.2 M
Jan 2006 – Feb 2015
Value, last 12 filed months
$0
at the published price for each month
Months reported
110
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
CondensateDisposition4 bbl$225
GasProduction427,713 Mcf$3,201,070
Total$3,201,295

Every month this lease reported (110)

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

110 months

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 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
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 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 20120089.383.40$0
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 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 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 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 2009045154.743.93$1,771
Apr 200904046.773.59$144
Mar 20090042.144.06$0
Feb 2009077032.814.63$3,567
Jan 200906435.865.37$344
Dec 200801,07937.105.98$6,449
Nov 200801,43155.496.86$9,817
Oct 200806,43575.246.92$44,543
Sep 200806,291101.767.88$49,555
Aug 200807,077114.228.48$60,034
Jul 200807,413131.0811.39$84,430
Jun 200807,627131.3313.03$99,400
May 200808,050123.1711.57$93,173
Apr 200806,581110.3110.45$68,803
Mar 200806,739101.909.66$65,126
Feb 200807,39792.538.77$64,876
Jan 200808,59190.388.21$70,495
Dec 200708,82388.337.30$64,425
Nov 200709,76591.677.29$71,203
Oct 200707,93782.856.92$54,940
Sep 2007010,26775.846.24$64,109
Aug 200708,93369.066.39$57,063
Jul 200709,61270.906.39$61,401
Jun 200709,41262.007.55$71,046
May 200705,72258.747.85$44,896
Apr 2007014,07459.617.81$109,850
Mar 200708,26556.927.30$60,351
Feb 2007010,57855.108.22$86,909
Jan 2007013,18450.306.73$88,687
Dec 2006012,33956.656.92$85,367
Nov 2006011,43354.207.62$87,091
Oct 2006113,10354.906.01$78,854
Sep 2006014,02260.085.04$70,632
Aug 2006015,64368.717.34$114,818
Jul 2006016,56469.376.34$105,061
Jun 2006018,54766.286.38$118,402
May 2006022,05966.016.42$141,729
Apr 2006027,04764.397.36$199,079
Mar 2006335,84956.707.08$254,086
Feb 2006037,63257.597.75$291,690
Jan 2006010,86760.598.93$97,078

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 2009 — as filed, then multipliedworked
Condensate             0 bbl  × $ 54.74 =         $0
Gas                  451 Mcf  × $  3.93 =     $1,771

────────────────────────────────────────────────────
Month total                                   $1,771

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/215708 is the state's own key, not one this site invented.