BIRD

Operated by PALO CROSS, LLC (P-5 637384) 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 226316District 09Field 65280200CondensateGasSaveExport
Value, all time
$386 k
Jan 2007 – Nov 2021
Value, last 12 filed months
$0
at the published price for each month
Months reported
179
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
CondensateDisposition1,058 bbl$79,434
GasProduction42,932 Mcf$306,623
Total$386,057

Every month this lease reported (179)

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

179 months

Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
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 201901558.482.74$41
Apr 201904462.632.75$121
Mar 20190056.803.06$0
Feb 20190250.852.79$6
Jan 201901946.033.23$61
Dec 20180046.594.19$0
Nov 20180352.934.24$13
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 20180363.842.90$9
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 201803462.874.01$136
Dec 201705357.272.92$155
Nov 201704855.423.12$150
Oct 20170049.292.98$0
Sep 201707247.523.09$222
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 201609246.193.09$284
Sep 20160041.553.10$0
Aug 2016054041.442.92$1,579
Jul 201606541.622.92$190
Jun 2016029045.352.69$779
May 2016025842.521.99$514
Apr 2016034536.561.99$687
Mar 201601,36433.011.79$2,447
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 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 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 2010030374.365.96$1,807
Dec 2009024271.445.48$1,327
Nov 2009024474.593.75$915
Oct 2009031372.544.11$1,287
Sep 2009065865.543.06$2,017
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 2009028066.163.90$1,091
May 20090354.743.93$12
Apr 2009032546.773.59$1,166
Mar 2009089442.144.06$3,629
Feb 2009066332.814.63$3,072
Jan 2009097035.865.37$5,210
Dec 200801,41537.105.98$8,458
Nov 200801,29655.496.86$8,891
Oct 2008062675.246.92$4,333
Sep 200801,227101.767.88$9,665
Aug 200801,313114.228.48$11,138
Jul 20081401,407131.0811.39$34,376
Jun 200801,334131.3313.03$17,386
May 200801,866123.1711.57$21,598
Apr 20080853110.3110.45$8,918
Mar 20080428101.909.66$4,136
Feb 200804592.538.77$395
Jan 200804590.388.21$369
Dec 200718460688.337.30$20,678
Nov 2007064991.677.29$4,732
Oct 200701,04982.856.92$7,261
Sep 200701,09275.846.24$6,819
Aug 20071561,95169.066.39$23,236
Jul 200701,55970.906.39$9,959
Jun 20071422,04862.007.55$24,263
May 20071422,56558.747.85$28,467
Apr 20071582,90159.617.81$32,061
Mar 200701,71456.927.30$12,516
Feb 20071362,84455.108.22$30,860
Jan 200703,95750.306.73$26,618

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 2019 — as filed, then multipliedworked
Condensate             0 bbl  × $ 58.48 =         $0
Gas                   15 Mcf  × $  2.74 =        $41

────────────────────────────────────────────────────
Month total                                      $41

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/226316 is the state's own key, not one this site invented.