LEONARD

Operated by BEDROCK PRODUCTION, LLC (P-5 61620) 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 226220District 09Field 65280200CondensateGasSaveExport
Value, all time
$1.9 M
Aug 2006 – Aug 2019
Value, last 12 filed months
$3 k
at the published price for each month
Months reported
157
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
CondensateDisposition81 bbl$6,206
GasProduction339,737 Mcf$1,886,578
Total$1,892,784

Every month this lease reported (157)

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

157 months

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 20190946.033.23$29
Dec 201802646.594.19$109
Nov 201802852.934.24$119
Oct 2018013361.443.40$452
Sep 2018080459.543.11$2,499
Aug 201801,23859.403.07$3,796
Jul 201801,18165.142.93$3,463
Jun 2018017160.183.08$526
May 201801,09565.382.90$3,176
Apr 201801,78663.842.90$5,181
Mar 201801,75161.222.79$4,880
Feb 201801,50361.782.77$4,157
Jan 201801,89462.874.01$7,594
Dec 201702,48357.272.92$7,254
Nov 201702,27055.423.12$7,079
Oct 201701,50249.292.98$4,481
Sep 201701,75047.523.09$5,403
Aug 201702,02745.373.00$6,090
Jul 201701,30443.873.09$4,026
Jun 201701,32642.493.09$4,094
May 201701,37145.373.26$4,474
Apr 201701,75847.933.21$5,646
Mar 201701,80746.772.98$5,392
Feb 201701,62850.452.95$4,807
Jan 201701,46449.413.42$5,005
Dec 201601,33348.763.72$4,963
Nov 201601,48342.492.64$3,922
Oct 201601,42146.193.09$4,391
Sep 201601,25341.553.10$3,885
Aug 201601,39141.442.92$4,068
Jul 201601,25641.622.92$3,673
Jun 201601,47645.352.69$3,964
May 201601,55142.521.99$3,088
Apr 201601,43336.561.99$2,853
Mar 201601,05233.011.79$1,887
Feb 201601,23626.472.06$2,551
Jan 201603,80927.352.36$9,006
Dec 201504,57732.362.00$9,160
Nov 201501,58538.792.17$3,435
Oct 201501,37843.552.43$3,344
Sep 201501,42442.992.76$3,928
Aug 201501,33940.162.87$3,846
Jul 201501,19948.152.95$3,531
Jun 2015077656.152.88$2,237
May 201501,51455.212.96$4,475
Apr 201501,82049.822.71$4,926
Mar 20150042.892.93$0
Feb 201509644.662.98$286
Jan 2015093843.433.10$2,908
Dec 201401,60354.693.59$5,757
Nov 201401,13270.464.25$4,813
Oct 2014066278.303.90$2,582
Sep 20140086.164.05$0
Aug 2014053289.394.04$2,147
Jul 2014086896.564.18$3,628
Jun 201401,21598.164.74$5,755
May 201401,05994.734.73$5,005
Apr 201401,45395.944.81$6,988
Mar 201402,10295.895.06$10,629
Feb 201402,42197.406.19$14,991
Jan 201402,90090.404.86$14,096
Dec 201303,02291.824.35$13,159
Nov 20130088.853.74$0
Oct 201304197.423.78$155
Sep 20130399104.113.72$1,483
Aug 20130372104.253.52$1,310
Jul 201301,548102.523.72$5,755
Jun 201301,73794.403.93$6,832
May 201301,89294.834.15$7,850
Apr 201301,92993.964.28$8,261
Mar 201301,83093.623.91$7,161
Feb 2013095291.233.42$3,256
Jan 2013083791.603.42$2,862
Dec 2012093186.773.42$3,184
Nov 2012064386.953.62$2,331
Oct 201201,97989.383.40$6,728
Sep 2012092894.672.92$2,708
Aug 201201,16192.662.91$3,376
Jul 2012074785.133.02$2,257
Jun 2012020679.822.52$519
May 2012078491.612.49$1,951
Apr 201201,803101.652.00$3,600
Mar 201201,890105.052.22$4,200
Feb 201201,392101.102.57$3,578
Jan 201201,52298.092.73$4,161
Dec 201101,20396.873.24$3,897
Nov 201101,36395.723.31$4,513
Oct 201101,64284.983.65$5,991
Sep 201102,16983.623.99$8,645
Aug 201132,05483.404.15$8,773
Jul 201102,79694.144.52$12,630
Jun 201102,35992.904.64$10,945
May 201102,01998.134.40$8,893
Apr 201102,028105.964.33$8,788
Mar 201102,27196.364.06$9,214
Feb 201111,72085.644.18$7,275
Jan 201121,80086.504.59$8,433
Dec 201042,29685.734.35$10,325
Nov 201002,41180.843.80$9,151
Oct 201012,73578.103.51$9,675
Sep 201001,98872.633.98$7,911
Aug 201001,92173.684.42$8,490
Jul 201003,28672.554.74$15,564
Jun 201053,46770.364.91$17,376
May 201032,08371.124.24$9,035
Apr 201001,91081.694.12$7,874
Mar 201009978.394.39$434
Feb 201001,52573.585.44$8,300
Jan 201001,73574.365.96$10,348
Dec 2009056971.445.48$3,120
Nov 200902,00974.593.75$7,537
Oct 200901,69672.544.11$6,971
Sep 2009176765.543.06$2,416
Aug 200901,26467.423.22$4,068
Jul 200901,98761.133.46$6,884
Jun 200902,16766.163.90$8,440
May 200901,72054.743.93$6,752
Apr 200901,84646.773.59$6,623
Mar 200902,54542.144.06$10,330
Feb 200902,51332.814.63$11,643
Jan 2009059035.865.37$3,169
Dec 200802,06837.105.98$12,361
Nov 200801,79255.496.86$12,294
Oct 200842,35975.246.92$16,630
Sep 200802,365101.767.88$18,629
Aug 200803,026114.228.48$25,670
Jul 200803,031131.0811.39$34,521
Jun 200802,444131.3313.03$31,852
May 200803,268123.1711.57$37,825
Apr 200803,992110.3110.45$41,736
Mar 200824,231101.909.66$41,092
Feb 2008153,49692.538.77$32,050
Jan 200812,76290.388.21$22,755
Dec 200722,86888.337.30$21,119
Nov 2007082091.677.29$5,979
Oct 2007146,31582.856.92$44,872
Sep 200713,90175.846.24$24,434
Aug 200715,20769.066.39$33,331
Jul 200705,81070.906.39$37,114
Jun 200706,60262.007.55$49,835
May 200707,07758.747.85$55,528
Apr 200784,94159.617.81$39,042
Mar 200728,10556.927.30$59,296
Feb 2007218,16555.108.22$149,354
Jan 2007411,34050.306.73$76,484
Dec 2006318,38856.656.92$127,386
Nov 2006224,67054.207.62$188,032
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0

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.

Jan 2019 — as filed, then multipliedworked
Condensate             0 bbl  × $ 46.03 =         $0
Gas                    9 Mcf  × $  3.23 =        $29

────────────────────────────────────────────────────
Month total                                      $29

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/226220 is the state's own key, not one this site invented.