CAUDILL UNIT 2

Operated by WINFIELD OPERATING COMPANY (P-5 931940) 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 227408District 09Field 65280200CondensateGasSaveExport
Value, all time
$4.1 M
Dec 2006 – May 2026
Value, last 12 filed months
$210 k
at the published price for each month
Months reported
234
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
CondensateDisposition4,636 bbl$351,409
GasProduction791,629 Mcf$3,765,182
Total$4,116,591

Every month this lease reported (234)

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

234 months

May 202602,757106.413.05$8,397
Apr 2026071698.932.87$2,055
Mar 2026068689.753.15$2,161
Feb 20261715,89163.503.75$32,952
Jan 202608,53959.138.00$68,294
Dec 2025013,11356.664.41$57,872
Nov 202507,09858.593.93$27,870
Oct 2025021059.383.30$694
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 202505766.743.32$189
Jun 202502,96666.483.13$9,280
May 202504,47160.553.23$14,452
Apr 202504,24662.363.54$15,044
Mar 202505,30167.704.27$22,626
Feb 202503,76470.884.34$16,339
Jan 202506,09574.324.28$26,079
Dec 202406,23668.993.12$19,465
Nov 202406,12269.052.20$13,459
Oct 202406,66771.372.28$15,210
Sep 20241487,06169.612.36$26,997
Aug 202407,72775.632.06$15,946
Jul 202408,60179.932.15$18,463
Jun 202409,52778.082.63$25,094
May 202408,30378.812.20$18,254
Apr 202405,24684.451.66$8,704
Mar 20241714,83680.301.55$21,204
Feb 202405,14076.091.78$9,168
Jan 202407,04773.023.30$23,239
Dec 2023011,09371.262.61$28,961
Nov 20231567,14477.892.81$32,208
Oct 202307,69885.443.09$23,766
Sep 202308,88989.042.74$24,312
Aug 202315612,74580.522.67$46,627
Jul 2023012,02774.852.64$31,773
Jun 202309,49468.962.26$21,442
May 202315610,66270.622.23$34,765
Apr 202309,77378.122.24$21,870
Mar 20231548,96772.852.39$32,678
Feb 20231808,07175.112.47$33,420
Jan 202309,86976.533.39$33,433
Dec 202218611,94876.415.73$82,663
Nov 2022012,46685.005.65$70,386
Oct 2022012,71787.185.86$74,569
Sep 202205,67184.888.16$46,296
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
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 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 201808346.594.19$347
Nov 2018011352.934.24$479
Oct 2018011061.443.40$374
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 20180063.842.90$0
Mar 20180161.222.79$3
Feb 20180061.782.77$0
Jan 201806562.874.01$261
Dec 2017014457.272.92$421
Nov 20170055.423.12$0
Oct 2017024549.292.98$731
Sep 2017016347.523.09$503
Aug 2017048645.373.00$1,460
Jul 20179487143.873.09$6,813
Jun 2017094742.493.09$2,924
May 20172784345.373.26$3,976
Apr 2017290647.933.21$3,006
Mar 201741,02346.772.98$3,239
Feb 201711,20750.452.95$3,614
Jan 2017141,76649.413.42$6,729
Dec 2016061748.763.72$2,297
Nov 201641,83242.492.64$5,014
Oct 201601,49746.193.09$4,626
Sep 2016161,45741.553.10$5,182
Aug 201621,62241.442.92$4,826
Jul 2016896541.622.92$3,155
Jun 2016185645.352.69$2,344
May 201631,06742.521.99$2,252
Apr 2016141,43336.561.99$3,365
Mar 2016496433.011.79$1,861
Feb 2016991926.472.06$2,135
Jan 201642,27327.352.36$5,484
Dec 201561,15332.362.00$2,502
Nov 201531,28238.792.17$2,895
Oct 201513,44643.552.43$8,406
Sep 20151212,40042.992.76$11,822
Aug 201502,97840.162.87$8,554
Jul 201502,99448.152.95$8,818
Jun 201502,92156.152.88$8,421
May 201522,93255.212.96$8,776
Apr 201502,14249.822.71$5,797
Mar 201501,69842.892.93$4,983
Feb 201502,58744.662.98$7,699
Jan 201505,00943.433.10$15,531
Dec 201401,62154.693.59$5,822
Nov 2014028870.464.25$1,225
Oct 2014061378.303.90$2,391
Sep 2014053286.164.05$2,152
Aug 2014042389.394.04$1,707
Jul 2014044096.564.18$1,839
Jun 2014053498.164.74$2,529
May 2014044194.734.73$2,084
Apr 2014038695.944.81$1,856
Mar 2014030795.895.06$1,552
Feb 201403297.406.19$198
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20131508697.423.78$14,938
Sep 2013079104.113.72$294
Aug 20130608104.253.52$2,142
Jul 201303,175102.523.72$11,804
Jun 201303,15094.403.93$12,390
May 201303,92594.834.15$16,285
Apr 201302,19193.964.28$9,383
Mar 201302,52993.623.91$9,896
Feb 201301,09391.233.42$3,738
Jan 2013032891.603.42$1,122
Dec 201201,71286.773.42$5,855
Nov 201202,78386.953.62$10,088
Oct 201201,14389.383.40$3,886
Sep 201201,56394.672.92$4,561
Aug 201202,43892.662.91$7,090
Jul 20121541,98285.133.02$19,097
Jun 201202,52379.822.52$6,356
May 201203,22491.612.49$8,022
Apr 201202,587101.652.00$5,166
Mar 201203,188105.052.22$7,084
Feb 201202,343101.102.57$6,022
Jan 20121793,85298.092.73$28,090
Dec 201104,91796.873.24$15,930
Nov 201105,50095.723.31$18,212
Oct 201106,54684.983.65$23,883
Sep 2011284,82983.623.99$21,589
Aug 20111523,42683.404.15$26,892
Jul 201104,31094.144.52$19,469
Jun 201105,75092.904.64$26,679
May 201106,05198.134.40$26,654
Apr 20111756,294105.964.33$45,817
Mar 201106,63696.364.06$26,925
Feb 201104,17185.644.18$17,435
Jan 20111834,96886.504.59$38,627
Dec 201005,42985.734.35$23,604
Nov 201003,72780.843.80$14,145
Oct 201006,75678.103.51$23,706
Sep 20101587,19672.633.98$40,112
Aug 201007,77973.684.42$34,378
Jul 201006,07772.554.74$28,784
Jun 201017786070.364.91$16,677
May 201004,96971.124.24$21,045
Apr 201006,89481.694.12$28,422
Mar 201003,83378.394.39$16,822
Feb 201001,62173.585.44$8,822
Jan 20101792,79674.365.96$29,986
Dec 200903,31871.445.48$18,195
Nov 200902,09474.593.75$7,856
Oct 200903,55572.544.11$14,612
Sep 20091723,77765.543.06$22,848
Aug 200903,69467.423.22$11,889
Jul 200902,83661.133.46$9,825
Jun 20091793,54766.163.90$25,658
May 200902,69954.743.93$10,596
Apr 200904,00746.773.59$14,375
Mar 20091834,16342.144.06$24,609
Feb 200902,93232.814.63$13,584
Jan 200901,16035.865.37$6,230
Dec 200803,54537.105.98$21,189
Nov 200806,27355.496.86$43,035
Oct 200805,31875.246.92$36,811
Sep 200805,283101.767.88$41,615
Aug 20081939,067114.228.48$98,960
Jul 200808,597131.0811.39$97,915
Jun 200809,150131.3313.03$119,249
May 200806,677123.1711.57$77,282
Apr 20081965,243110.3110.45$76,436
Mar 200802,793101.909.66$26,992
Feb 200807,05992.538.77$61,912
Jan 200807,98390.388.21$65,506
Dec 200707,33588.337.30$53,560
Nov 200709,60191.677.29$70,008
Oct 200709,02782.856.92$62,485
Sep 200706,67875.846.24$41,699
Aug 20070269.066.39$13
Jul 200707,84570.906.39$50,113
Jun 200701262.007.55$91
May 20070058.747.85$0
Apr 200718115,44059.617.81$131,302
Mar 200717921,14656.927.30$164,596
Feb 2007020,59555.108.22$169,209
Jan 2007032,14750.306.73$216,248
Dec 200609,90356.656.92$68,513

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 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $106.41 =         $0
Gas                2,757 Mcf  × $  3.05 =     $8,397

────────────────────────────────────────────────────
Month total                                   $8,397

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/227408 is the state's own key, not one this site invented.