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 226221District 09Field 65280200CondensateGasSaveExport
Value, all time
$3.3 M
Aug 2006 – Jul 2019
Value, last 12 filed months
$83 k
at the published price for each month
Months reported
156
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
CondensateDisposition19 bbl$1,255
GasProduction680,166 Mcf$3,332,500
Total$3,333,755

Every month this lease reported (156)

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

156 months

Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 201901,29556.803.06$3,965
Feb 201902,75350.852.79$7,687
Jan 201903,05346.033.23$9,856
Dec 201802,82946.594.19$11,841
Nov 201802,95752.934.24$12,530
Oct 201803,49761.443.40$11,883
Sep 201804,11259.543.11$12,780
Aug 201803,98459.403.07$12,217
Jul 201804,09165.142.93$11,994
Jun 201804,99660.183.08$15,372
May 201803,23565.382.90$9,384
Apr 201802,66763.842.90$7,736
Mar 201802,80761.222.79$7,823
Feb 201802,83561.782.77$7,842
Jan 201803,13762.874.01$12,577
Dec 201702,77957.272.92$8,119
Nov 201703,05555.423.12$9,527
Oct 201703,41349.292.98$10,183
Sep 201703,06547.523.09$9,463
Aug 201703,29445.373.00$9,896
Jul 201703,42643.873.09$10,577
Jun 201703,17142.493.09$9,790
May 201703,35945.373.26$10,962
Apr 201703,54747.933.21$11,392
Mar 201703,66046.772.98$10,920
Feb 201702,95250.452.95$8,716
Jan 201703,29649.413.42$11,268
Dec 201603,60648.763.72$13,425
Nov 201603,43842.492.64$9,091
Oct 201603,49446.193.09$10,797
Sep 201603,29141.553.10$10,204
Aug 201603,39541.442.92$9,928
Jul 201603,41741.622.92$9,992
Jun 201603,53845.352.69$9,502
May 201603,60942.521.99$7,186
Apr 201603,53836.561.99$7,044
Mar 201604,06433.011.79$7,291
Feb 201603,05826.472.06$6,311
Jan 201602,95027.352.36$6,975
Dec 201503,20332.362.00$6,411
Nov 201503,28738.792.17$7,124
Oct 201503,49143.552.43$8,471
Sep 201503,29042.992.76$9,075
Aug 201503,38640.162.87$9,726
Jul 201503,36248.152.95$9,901
Jun 201504,20256.152.88$12,114
May 201504,43755.212.96$13,113
Apr 201503,43749.822.71$9,302
Mar 201502,28942.892.93$6,718
Feb 201503,67244.662.98$10,929
Jan 201504,42643.433.10$13,723
Dec 201403,45454.693.59$12,405
Nov 201404,23070.464.25$17,985
Oct 201404,71178.303.90$18,377
Sep 201404,74186.164.05$19,179
Aug 201404,68989.394.04$18,921
Jul 201403,92796.564.18$16,413
Jun 201403,34398.164.74$15,835
May 201404,71594.734.73$22,286
Apr 201404,96995.944.81$23,897
Mar 201405,31095.895.06$26,852
Feb 201403,30697.406.19$20,471
Jan 201403,61990.404.86$17,591
Dec 201303,79991.824.35$16,543
Nov 201302,87888.853.74$10,759
Oct 201303,98497.423.78$15,057
Sep 201303,198104.113.72$11,889
Aug 201303,669104.253.52$12,924
Jul 201304,063102.523.72$15,105
Jun 201304,18494.403.93$16,457
May 201304,03294.834.15$16,729
Apr 201304,39193.964.28$18,805
Mar 201304,12493.623.91$16,137
Feb 201304,14391.233.42$14,169
Jan 201304,67991.603.42$16,002
Dec 201204,59186.773.42$15,702
Nov 201204,19686.953.62$15,210
Oct 201203,64689.383.40$12,395
Sep 201203,40394.672.92$9,931
Aug 201204,47092.662.91$12,999
Jul 201204,68785.133.02$14,158
Jun 201204,28079.822.52$10,781
May 201204,52791.612.49$11,265
Apr 201203,947101.652.00$7,881
Mar 201203,507105.052.22$7,793
Feb 201203,503101.102.57$9,004
Jan 201204,23798.092.73$11,584
Dec 201103,15696.873.24$10,225
Nov 201103,72895.723.31$12,344
Oct 201104,57384.983.65$16,685
Sep 201104,34683.623.99$17,322
Aug 201104,28683.404.15$17,784
Jul 201104,14694.144.52$18,728
Jun 201104,09992.904.64$19,019
May 201104,46298.134.40$19,654
Apr 201103,620105.964.33$15,686
Mar 201103,12896.364.06$12,691
Feb 201103,23585.644.18$13,522
Jan 201103,92086.504.59$17,988
Dec 201004,24385.734.35$18,448
Nov 201004,59880.843.80$17,451
Oct 201004,67878.103.51$16,415
Sep 201004,48472.633.98$17,844
Aug 201003,95373.684.42$17,470
Jul 201004,87472.554.74$23,086
Jun 201005,35370.364.91$26,285
May 201014,75871.124.24$20,222
Apr 201004,69181.694.12$19,340
Mar 201003,65878.394.39$16,054
Feb 201003,78073.585.44$20,572
Jan 201003,56574.365.96$21,262
Dec 200902,44771.445.48$13,419
Nov 200903,31274.593.75$12,425
Oct 200903,10972.544.11$12,779
Sep 200901,83965.543.06$5,636
Aug 200902,33467.423.22$7,512
Jul 200903,74261.133.46$12,964
Jun 200903,92266.163.90$15,276
May 200904,10454.743.93$16,111
Apr 200904,64146.773.59$16,650
Mar 200904,17942.144.06$16,963
Feb 200903,66632.814.63$16,985
Jan 200904,80035.865.37$25,781
Dec 200804,26137.105.98$25,469
Nov 200803,73055.496.86$25,589
Oct 200804,37275.246.92$30,263
Sep 200804,910101.767.88$38,677
Aug 200805,182114.228.48$43,959
Jul 200805,211131.0811.39$59,350
Jun 200805,532131.3313.03$72,097
May 200805,856123.1711.57$67,779
Apr 200805,303110.3110.45$55,442
Mar 200816,740101.909.66$65,238
Feb 200826,55892.538.77$57,703
Jan 200806,21390.388.21$50,982
Dec 200705,96788.337.30$43,571
Nov 200704,68391.677.29$34,147
Oct 200728,59382.856.92$59,646
Sep 200707,18175.846.24$44,839
Aug 200707,51469.066.39$47,999
Jul 200708,88570.906.39$56,757
Jun 200709,76562.007.55$73,711
May 200709,98958.747.85$78,376
Apr 2007710,96159.617.81$85,970
Mar 200708,91756.927.30$65,112
Feb 200718,90355.108.22$73,202
Jan 2007311,63450.306.73$78,411
Dec 2006015,28456.656.92$105,741
Nov 2006213,59554.207.62$103,668
Oct 2006017,29554.906.01$104,009
Sep 200607,40660.085.04$37,306
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.

Mar 2019 — as filed, then multipliedworked
Condensate             0 bbl  × $ 56.80 =         $0
Gas                1,295 Mcf  × $  3.06 =     $3,965

────────────────────────────────────────────────────
Month total                                   $3,965

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/226221 is the state's own key, not one this site invented.