HOLUB C-5

Operated by TRACER OPERATING, INC. (P-5 863965) 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 223738District 09Field 65280200CondensateGasSave
Value, all time
$402 k
Jul 2006 – Sep 2014
Value, last 12 filed months
$0
at the published price for each month
Months reported
99
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
CondensateDisposition582 bbl$37,552
GasProduction51,020 Mcf$364,900
Total$402,452

Every month this lease reported (99)

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

99 months

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 20112084.983.65$170
Sep 2011631183.623.99$5,312
Aug 201101783.404.15$71
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 20100472.554.74$19
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 2009028474.593.75$1,065
Oct 200901,07172.544.11$4,402
Sep 200901,60665.543.06$4,922
Aug 2009049267.423.22$1,584
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 200904335.865.37$231
Dec 200805437.105.98$323
Nov 20080055.496.86$0
Oct 200806175.246.92$422
Sep 200800101.767.88$0
Aug 200807114.228.48$59
Jul 200801,147131.0811.39$13,064
Jun 20080868131.3313.03$11,312
May 2008066123.1711.57$764
Apr 200800110.3110.45$0
Mar 20080948101.909.66$9,162
Feb 200801,75492.538.77$15,384
Jan 200802,32490.388.21$19,070
Dec 200701,35988.337.30$9,923
Nov 200701,50091.677.29$10,938
Oct 200701,31682.856.92$9,109
Sep 200715925775.846.24$13,663
Aug 2007025769.066.39$1,642
Jul 2007012170.906.39$773
Jun 2007059862.007.55$4,514
May 200701,27758.747.85$10,020
Apr 200702,65559.617.81$20,723
Mar 20071813,42956.927.30$35,341
Feb 20071773,88055.108.22$41,631
Jan 200704,71850.306.73$31,737
Dec 200605,42756.656.92$37,546
Nov 200605,72154.207.62$43,580
Oct 200604,93554.906.01$29,678
Sep 200602,74360.085.04$13,817
Aug 200603868.717.34$279
Jul 200603269.376.34$203

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.

Oct 2011 — as filed, then multipliedworked
Condensate             2 bbl  × $ 84.98 =       $170
Gas                    0 Mcf  × $  3.65 =         $0

────────────────────────────────────────────────────
Month total                                     $170

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/223738 is the state's own key, not one this site invented.