HENNESSEY

Operated by TRIO CONSULTING & MANAGEMENT,LLC (P-5 ) 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 220697District 09Field 00000000CondensateGasSaveExport
Value, all time
$1.9 M
Aug 2006 – Sep 2012
Value, last 12 filed months
$0
at the published price for each month
Months reported
74
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
CondensateDisposition45 bbl$2,657
GasProduction251,755 Mcf$1,885,316
Total$1,887,972

Every month this lease reported (74)

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

74 months

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 20090461.133.46$14
Jun 2009101,92466.163.90$8,156
May 200902,92554.743.93$11,483
Apr 200933,35646.773.59$12,180
Mar 200902,90242.144.06$11,779
Feb 200902,32032.814.63$10,749
Jan 200904,37535.865.37$23,498
Dec 200804,37537.105.98$26,150
Nov 2008282,36455.496.86$17,772
Oct 20084475.246.92$329
Sep 200800101.767.88$0
Aug 200806,731114.228.48$57,099
Jul 200806,930131.0811.39$78,929
Jun 2008011,427131.3313.03$148,924
May 2008013,609123.1711.57$157,515
Apr 200807,895110.3110.45$82,541
Mar 200807,325101.909.66$70,789
Feb 200805,28292.538.77$46,326
Jan 200806,82490.388.21$55,996
Dec 200707,97588.337.30$58,233
Nov 200705,17791.677.29$37,749
Oct 200703,66482.856.92$25,362
Sep 200707,09875.846.24$44,321
Aug 2007010,45569.066.39$66,786
Jul 2007012,82770.906.39$81,938
Jun 2007011,94062.007.55$90,128
May 200706,27758.747.85$49,251
Apr 200707,16759.617.81$55,940
Mar 2007012,17156.927.30$88,872
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 200602,62556.656.92$18,161
Nov 2006012,40354.207.62$94,480
Oct 2006018,88454.906.01$113,565
Sep 2006030,02360.085.04$151,232
Aug 2006012,49768.717.34$91,727

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.

Jul 2009 — as filed, then multipliedworked
Condensate             0 bbl  × $ 61.13 =         $0
Gas                    4 Mcf  × $  3.46 =        $14

────────────────────────────────────────────────────
Month total                                      $14

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/220697 is the state's own key, not one this site invented.