BALL HEIRS JOINT VENTURE

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 225818District 09Field 65280200CondensateGasSaveExport
Value, all time
$9.2 M
Mar 2006 – Aug 2015
Value, last 12 filed months
$0
at the published price for each month
Months reported
114
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
CondensateDisposition68 bbl$4,771
GasProduction1,515,781 Mcf$9,182,634
Total$9,187,405

Every month this lease reported (114)

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

114 months

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 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 201301,241104.113.72$4,614
Aug 201301,282104.253.52$4,516
Jul 201301,282102.523.72$4,766
Jun 201301,24194.403.93$4,881
May 201301,28294.834.15$5,319
Apr 201304,19793.964.28$17,974
Mar 201302,29793.623.91$8,988
Feb 201302,60291.233.42$8,899
Jan 2013168,60291.603.42$30,884
Dec 201208,20486.773.42$28,059
Nov 201207,60186.953.62$27,553
Oct 201288,05989.383.40$28,113
Sep 201208,08394.672.92$23,589
Aug 201207,41492.662.91$21,561
Jul 201206,32885.133.02$19,116
Jun 201206,24179.822.52$15,721
May 201206,25791.612.49$15,569
Apr 201207,805101.652.00$15,585
Mar 201207,026105.052.22$15,612
Feb 201206,973101.102.57$17,922
Jan 201207,67598.092.73$20,984
Dec 201107,40696.873.24$23,994
Nov 201107,92695.723.31$26,245
Oct 201107,80284.983.65$28,466
Sep 2011010,26483.623.99$40,910
Aug 201109,48283.404.15$39,344
Jul 201107,77694.144.52$35,126
Jun 201108,01392.904.64$37,179
May 201109,64398.134.40$42,476
Apr 2011010,030105.964.33$43,463
Mar 201109,70596.364.06$39,376
Feb 201107,03185.644.18$29,389
Jan 2011010,18786.504.59$46,746
Dec 201008,96885.734.35$38,991
Nov 2010010,29980.843.80$39,088
Oct 2010011,07478.103.51$38,857
Sep 2010010,32572.633.98$41,088
Aug 2010010,89973.684.42$48,167
Jul 2010010,45872.554.74$49,534
Jun 2010011,09670.364.91$54,486
May 2010012,51671.124.24$53,008
Apr 2010012,79881.694.12$52,762
Mar 2010013,49278.394.39$59,212
Feb 2010011,92473.585.44$64,895
Jan 2010012,78174.365.96$76,227
Dec 2009012,69971.445.48$69,638
Nov 2009013,35274.593.75$50,090
Oct 2009013,41172.544.11$55,123
Sep 2009010,98565.543.06$33,666
Aug 2009014,14667.423.22$45,529
Jul 2009015,88461.133.46$55,030
Jun 2009015,70066.163.90$61,152
May 2009017,15954.743.93$67,362
Apr 2009016,21246.773.59$58,161
Mar 2009015,83842.144.06$64,286
Feb 2009017,09932.814.63$79,220
Jan 200907,92535.865.37$42,565
Dec 200807,95237.105.98$47,530
Nov 2008018,51355.496.86$127,006
Oct 2008018,91075.246.92$130,895
Sep 2008018,990101.767.88$149,586
Aug 2008010,360114.228.48$87,884
Jul 200800131.0811.39$0
Jun 200808,999131.3313.03$117,281
May 2008021,007123.1711.57$243,141
Apr 2008017,420110.3110.45$182,124
Mar 2008012,006101.909.66$116,027
Feb 2008020,89592.538.77$183,261
Jan 2008025,35290.388.21$208,032
Dec 2007025,71488.337.30$187,763
Nov 2007021,86491.677.29$159,426
Oct 2007025,10782.856.92$173,790
Sep 2007028,82775.846.24$180,000
Aug 2007032,01069.066.39$204,478
Jul 2007029,15970.906.39$186,266
Jun 2007021,37462.007.55$161,341
May 2007034,39058.747.85$269,834
Apr 2007034,94459.617.81$272,745
Mar 2007036,77056.927.30$268,493
Feb 2007036,10355.108.22$296,622
Jan 2007541,13350.306.73$276,947
Dec 2006644,47756.656.92$308,051
Nov 2006645,70654.207.62$348,490
Oct 20061050,28154.906.01$302,929
Sep 2006048,52660.085.04$244,435
Aug 2006055,46168.717.34$407,079
Jul 2006366,42869.376.34$421,545
Jun 2006667,98566.286.38$434,406
May 2006765,12066.016.42$418,858
Apr 20060064.397.36$0
Mar 20061156.707.08$64

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.

Sep 2013 — as filed, then multipliedworked
Condensate             0 bbl  × $104.11 =         $0
Gas                1,241 Mcf  × $  3.72 =     $4,614

────────────────────────────────────────────────────
Month total                                   $4,614

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/225818 is the state's own key, not one this site invented.