GOODMAN, RONALD

Operated by EOG RESOURCES, INC. (P-5 253162) 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 226358District 09Field 65280200GasSaveExport
Value, all time
$1.1 M
Jul 2006 – Sep 2012
Value, last 12 filed months
$0
at the published price for each month
Months reported
75
no gaps in the span
Streams
1
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
GasProduction153,505 Mcf$1,059,612
Total$1,059,612

Every month this lease reported (75)

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

75 months

Sep 2012094.672.92$0
Aug 2012092.662.91$0
Jul 2012085.133.02$0
Jun 2012079.822.52$0
May 2012091.612.49$0
Apr 20120101.652.00$0
Mar 20120105.052.22$0
Feb 20120101.102.57$0
Jan 2012098.092.73$0
Dec 2011096.873.24$0
Nov 2011095.723.31$0
Oct 2011084.983.65$0
Sep 2011083.623.99$0
Aug 2011083.404.15$0
Jul 2011594.144.52$23
Jun 2011092.904.64$0
May 2011098.134.40$0
Apr 20110105.964.33$0
Mar 2011096.364.06$0
Feb 2011085.644.18$0
Jan 2011086.504.59$0
Dec 2010085.734.35$0
Nov 2010080.843.80$0
Oct 201012878.103.51$449
Sep 2010072.633.98$0
Aug 2010073.684.42$0
Jul 2010072.554.74$0
Jun 2010070.364.91$0
May 201025471.124.24$1,076
Apr 2010081.694.12$0
Mar 201073978.394.39$3,243
Feb 20102,14873.585.44$11,690
Jan 20102,58974.365.96$15,441
Dec 20092,77071.445.48$15,190
Nov 20092,79474.593.75$10,482
Oct 20094,38472.544.11$18,019
Sep 20093,80065.543.06$11,646
Aug 20093,60667.423.22$11,606
Jul 20093,37361.133.46$11,686
Jun 200916666.163.90$647
May 20093,59354.743.93$14,105
Apr 20093,84146.773.59$13,780
Mar 20093,49742.144.06$14,194
Feb 20093,78632.814.63$17,541
Jan 20092,39235.865.37$12,847
Dec 20081,36837.105.98$8,177
Nov 20083,41055.496.86$23,394
Oct 20083,64175.246.92$25,203
Sep 20081,440101.767.88$11,343
Aug 20080114.228.48$0
Jul 20081,217131.0811.39$13,861
Jun 20082,985131.3313.03$38,902
May 20083,308123.1711.57$38,288
Apr 20083,205110.3110.45$33,508
Mar 20084,145101.909.66$40,058
Feb 20084,16592.538.77$36,529
Jan 20085,48090.388.21$44,967
Dec 20074,36088.337.30$31,837
Nov 20077,73791.677.29$56,416
Oct 20076,12182.856.92$42,369
Sep 2007075.846.24$0
Aug 20071,02069.066.39$6,516
Jul 20075,59170.906.39$35,715
Jun 20077,37462.007.55$55,662
May 20079,09458.747.85$71,354
Apr 200713,32159.617.81$103,973
Mar 200712,96556.927.30$94,670
Feb 20077,69355.108.22$63,206
Jan 2007050.306.73$0
Dec 2006056.656.92$0
Nov 2006054.207.62$0
Oct 2006054.906.01$0
Sep 2006060.085.04$0
Aug 2006068.717.34$0
Jul 2006069.376.34$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.

Jul 2011 — as filed, then multipliedworked
Gas                    5 Mcf  × $  4.52 =        $23

────────────────────────────────────────────────────
Month total                                      $23

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/226358 is the state's own key, not one this site invented.