NIX 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 224946District 09Field 65280200CondensateGasSaveExport
Value, all time
$2.9 M
Aug 2006 – Dec 2020
Value, last 12 filed months
$0
at the published price for each month
Months reported
173
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
CondensateDisposition3,696 bbl$301,755
GasProduction504,405 Mcf$2,639,995
Total$2,941,750

Every month this lease reported (173)

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

173 months

Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
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 20155932855.212.96$4,227
Apr 2015079549.822.71$2,152
Mar 2015018442.892.93$540
Feb 201503,25344.662.98$9,682
Jan 20151582,74743.433.10$15,379
Dec 201402,25754.693.59$8,106
Nov 201403,12970.464.25$13,304
Oct 201403,47678.303.90$13,560
Sep 201403,29686.164.05$13,334
Aug 201403,49789.394.04$14,111
Jul 201403,59596.564.18$15,026
Jun 201403,62498.164.74$17,166
May 201404,70294.734.73$22,224
Apr 201403,85295.944.81$18,525
Mar 201403,75595.895.06$18,988
Feb 20141032,22697.406.19$23,816
Jan 201404,02690.404.86$19,569
Dec 20131103,80991.824.35$26,686
Nov 201304,02988.853.74$15,062
Oct 201303,93897.423.78$14,883
Sep 201304,049104.113.72$15,053
Aug 201304,095104.253.52$14,425
Jul 201304,258102.523.72$15,830
Jun 201303,98194.403.93$15,659
May 201304,02194.834.15$16,683
Apr 20131754,21093.964.28$34,473
Mar 201303,87293.623.91$15,151
Feb 201303,52791.233.42$12,062
Jan 2013324,95191.603.42$19,863
Dec 201204,44086.773.42$15,186
Nov 201204,15986.953.62$15,076
Oct 201204,88089.383.40$16,590
Sep 201205,20894.672.92$15,199
Aug 20121595,20492.662.91$29,867
Jul 201205,05585.133.02$15,270
Jun 201204,50279.822.52$11,341
May 201203,58191.612.49$8,911
Apr 201204,533101.652.00$9,051
Mar 201205,417105.052.22$12,037
Feb 201204,936101.102.57$12,687
Jan 20121545,04998.092.73$28,910
Dec 201104,84496.873.24$15,693
Nov 201104,89695.723.31$16,212
Oct 201105,45484.983.65$19,899
Sep 201105,17083.623.99$20,607
Aug 201103,90683.404.15$16,207
Jul 20111565,32694.144.52$38,745
Jun 201105,26192.904.64$24,410
May 201105,35898.134.40$23,601
Apr 201105,342105.964.33$23,148
Mar 201105,52296.364.06$22,405
Feb 20111584,41985.644.18$32,002
Jan 201113,10086.504.59$14,312
Dec 201034,49885.734.35$19,813
Nov 201033,59680.843.80$13,891
Oct 20101604,96078.103.51$29,900
Sep 201003,96772.633.98$15,787
Aug 201003,88673.684.42$17,174
Jul 201003,20772.554.74$15,190
Jun 201004,07770.364.91$20,020
May 20101613,09171.124.24$24,541
Apr 201004,72381.694.12$19,471
Mar 201003,49578.394.39$15,338
Feb 201003,74073.585.44$20,354
Jan 20101593,73474.365.96$34,093
Dec 200903,95271.445.48$21,672
Nov 20091574,01574.593.75$26,773
Oct 200904,38872.544.11$18,036
Sep 200904,24765.543.06$13,016
Aug 20091694,17967.423.22$24,844
Jul 2009020161.133.46$696
Jun 200904,91366.163.90$19,136
May 200904,55154.743.93$17,866
Apr 20091783,96246.773.59$22,539
Mar 20091734,67742.144.06$26,274
Feb 200904,04232.814.63$18,727
Jan 20091814,75935.865.37$32,051
Dec 200804,71137.105.98$28,158
Nov 200804,27255.496.86$29,307
Oct 20081785,24075.246.92$49,664
Sep 200804,490101.767.88$35,368
Aug 200805,293114.228.48$44,901
Jul 20081764,959131.0811.39$79,550
Jun 2008163163131.3313.03$23,531
May 200804,668123.1711.57$54,029
Apr 20081785,102110.3110.45$72,976
Mar 200804,927101.909.66$47,615
Feb 20081805,24792.538.77$62,675
Jan 20081855,51490.388.21$61,967
Dec 200706,01488.337.30$43,914
Nov 200706,13091.677.29$44,698
Oct 200706,65182.856.92$46,038
Sep 200706,28475.846.24$39,238
Aug 200706,65969.066.39$42,537
Jul 200708,54370.906.39$54,572
Jun 200709,15562.007.55$69,106
May 200706,90458.747.85$54,171
Apr 200706,90459.617.81$53,887
Mar 200799,70856.927.30$71,400
Feb 200791055.108.22$578
Jan 20070050.306.73$0
Dec 200606,45656.656.92$44,665
Nov 2006014,24154.207.62$108,481
Oct 2006016,53354.906.01$99,426
Sep 2006019,22660.085.04$96,845
Aug 2006912,49768.717.34$92,345

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 2015 — as filed, then multipliedworked
Condensate            59 bbl  × $ 55.21 =     $3,257
Gas                  328 Mcf  × $  2.96 =       $969

────────────────────────────────────────────────────
Month total                                   $4,227

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/224946 is the state's own key, not one this site invented.