BLACK RANCH

Operated by TRINITY RIVER ENERGY OPER, LLC (P-5 870311) 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 216545District 09Field 65280200CondensateGasSaveExport
Value, all time
$2.0 M
Aug 2005 – Nov 2017
Value, last 12 filed months
$0
at the published price for each month
Months reported
148
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
CondensateDisposition3,123 bbl$207,998
GasProduction234,980 Mcf$1,792,310
Total$2,000,308

Every month this lease reported (148)

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

148 months

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 20140096.564.18$0
Jun 201403998.164.74$185
May 2014028994.734.73$1,366
Apr 2014026895.944.81$1,289
Mar 2014027895.895.06$1,406
Feb 2014022497.406.19$1,387
Jan 2014025290.404.86$1,225
Dec 2013030191.824.35$1,311
Nov 2013027088.853.74$1,009
Oct 2013029997.423.78$1,130
Sep 20130270104.113.72$1,004
Aug 20130282104.253.52$993
Jul 20130261102.523.72$970
Jun 2013025394.403.93$995
May 2013025394.834.15$1,050
Apr 2013022693.964.28$968
Mar 2013020293.623.91$790
Feb 2013022091.233.42$752
Jan 2013021591.603.42$735
Dec 2012022186.773.42$756
Nov 2012023086.953.62$834
Oct 2012026589.383.40$901
Sep 2012036594.672.92$1,065
Aug 2012042992.662.91$1,248
Jul 2012040685.133.02$1,226
Jun 2012043779.822.52$1,101
May 20125648491.612.49$6,335
Apr 20120492101.652.00$982
Mar 20120568105.052.22$1,262
Feb 20120517101.102.57$1,329
Jan 20120098.092.73$0
Dec 2011040196.873.24$1,299
Nov 2011029795.723.31$983
Oct 2011030984.983.65$1,127
Sep 2011033083.623.99$1,315
Aug 2011034283.404.15$1,419
Jul 2011033794.144.52$1,522
Jun 2011032992.904.64$1,527
May 2011034798.134.40$1,528
Apr 20110341105.964.33$1,478
Mar 2011036596.364.06$1,481
Feb 2011033185.644.18$1,384
Jan 2011037986.504.59$1,739
Dec 2010040185.734.35$1,743
Nov 2010039880.843.80$1,511
Oct 2010043778.103.51$1,533
Sep 2010043872.633.98$1,743
Aug 2010046773.684.42$2,064
Jul 2010049972.554.74$2,364
Jun 2010048970.364.91$2,401
May 2010052471.124.24$2,219
Apr 2010050981.694.12$2,098
Mar 2010089978.394.39$3,945
Feb 2010041473.585.44$2,253
Jan 2010089974.365.96$5,362
Dec 2009089971.445.48$4,930
Nov 2009087074.593.75$3,264
Oct 2009089972.544.11$3,695
Sep 2009095865.543.06$2,936
Aug 2009090367.423.22$2,906
Jul 20098894461.133.46$8,650
Jun 200901,02666.163.90$3,996
May 2009089954.743.93$3,529
Apr 2009087046.773.59$3,121
Mar 200901,98842.144.06$8,069
Feb 200901,56632.814.63$7,255
Jan 20091902,13335.865.37$18,270
Dec 200802,13937.105.98$12,785
Nov 200804,16255.496.86$28,553
Oct 200804,03275.246.92$27,909
Sep 200803,590101.767.88$28,279
Aug 200804,092114.228.48$34,713
Jul 200803,385131.0811.39$38,553
Jun 200804,054131.3313.03$52,834
May 200804,261123.1711.57$49,318
Apr 20081873,305110.3110.45$55,181
Mar 200804,244101.909.66$41,014
Feb 200803,58192.538.77$31,407
Jan 200804,25390.388.21$34,899
Dec 20071534,23588.337.30$44,438
Nov 20071803,42691.677.29$41,482
Oct 20071972,11382.856.92$30,948
Sep 20070175.846.24$6
Aug 200703,59869.066.39$22,984
Jul 200703,80570.906.39$24,306
Jun 20071841,74662.007.55$24,588
May 20071783,37558.747.85$36,937
Apr 200705,84259.617.81$45,598
Mar 20071964,08656.927.30$40,992
Feb 200706,11155.108.22$50,208
Jan 20071966,04650.306.73$50,529
Dec 200603,39056.656.92$23,454
Nov 200602,77354.207.62$21,123
Oct 200606,74354.906.01$40,551
Sep 20061846,88560.085.04$45,736
Aug 200607,17868.717.34$52,686
Jul 20061917,48469.376.34$60,719
Jun 20061907,41366.286.38$59,917
May 200607,71266.016.42$49,550
Apr 20061868,33364.397.36$73,311
Mar 20061899,58556.707.08$78,606
Feb 20061799,29557.597.75$82,355
Jan 2006012,54060.598.93$112,024
Dec 200519916,26954.9413.42$229,188
Nov 200506,64554.6910.59$70,360
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$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 2014 — as filed, then multipliedworked
Condensate             0 bbl  × $ 98.16 =         $0
Gas                   39 Mcf  × $  4.74 =       $185

────────────────────────────────────────────────────
Month total                                     $185

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/216545 is the state's own key, not one this site invented.