WILSON, MCFARLAND

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 224473District 09Field 65280200CondensateGasSaveExport
Value, all time
$335 k
May 2006 – Sep 2009
Value, last 12 filed months
$28 k
at the published price for each month
Months reported
41
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
CondensateDisposition2 bbl$166
GasProduction50,651 Mcf$335,091
Total$335,257

Every month this lease reported (41)

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

41 months

Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 200901,63142.144.06$6,620
Feb 2009030532.814.63$1,413
Jan 200901,06835.865.37$5,736
Dec 2008063337.105.98$3,784
Nov 2008095955.496.86$6,579
Oct 2008051775.246.92$3,579
Sep 20080767101.767.88$6,042
Aug 20080457114.228.48$3,877
Jul 20080208131.0811.39$2,369
Jun 20080720131.3313.03$9,383
May 200801,250123.1711.57$14,468
Apr 20080175110.3110.45$1,830
Mar 20080378101.909.66$3,653
Feb 20080092.538.77$0
Jan 2008026790.388.21$2,191
Dec 20070288.337.30$15
Nov 2007023191.677.29$1,684
Oct 2007289682.856.92$6,368
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 200706,77062.007.55$51,103
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 2007022255.108.22$1,824
Jan 2007034350.306.73$2,307
Dec 200601,33756.656.92$9,250
Nov 2006062454.207.62$4,753
Oct 2006024,70754.906.01$148,583
Sep 200602,03960.085.04$10,271
Aug 200601,18068.717.34$8,661
Jul 200601,33469.376.34$8,461
Jun 2006062566.286.38$3,990
May 200601,00666.016.42$6,464

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.

Mar 2009 — as filed, then multipliedworked
Condensate             0 bbl  × $ 42.14 =         $0
Gas                1,631 Mcf  × $  4.06 =     $6,620

────────────────────────────────────────────────────
Month total                                   $6,620

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/224473 is the state's own key, not one this site invented.