E.P.R.I.

Operated by XTO ENERGY INC. (P-5 945936) 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 227904District 09Field 65280200GasSaveExport
Value, all time
$2.2 M
Jun 2005 – May 2019
Value, last 12 filed months
$0
at the published price for each month
Months reported
168
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
GasProduction337,688 Mcf$2,181,227
Total$2,181,227

Every month this lease reported (168)

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

168 months

May 2019058.482.74$0
Apr 2019062.632.75$0
Mar 2019056.803.06$0
Feb 2019050.852.79$0
Jan 2019046.033.23$0
Dec 2018046.594.19$0
Nov 2018052.934.24$0
Oct 2018061.443.40$0
Sep 2018059.543.11$0
Aug 2018059.403.07$0
Jul 2018065.142.93$0
Jun 2018060.183.08$0
May 2018065.382.90$0
Apr 2018063.842.90$0
Mar 2018061.222.79$0
Feb 2018061.782.77$0
Jan 2018062.874.01$0
Dec 2017057.272.92$0
Nov 2017055.423.12$0
Oct 2017049.292.98$0
Sep 2017047.523.09$0
Aug 2017045.373.00$0
Jul 2017043.873.09$0
Jun 2017042.493.09$0
May 2017045.373.26$0
Apr 2017047.933.21$0
Mar 2017046.772.98$0
Feb 2017050.452.95$0
Jan 2017049.413.42$0
Dec 2016048.763.72$0
Nov 2016042.492.64$0
Oct 2016046.193.09$0
Sep 2016041.553.10$0
Aug 2016041.442.92$0
Jul 2016041.622.92$0
Jun 2016045.352.69$0
May 2016042.521.99$0
Apr 2016036.561.99$0
Mar 2016033.011.79$0
Feb 2016026.472.06$0
Jan 2016027.352.36$0
Dec 2015032.362.00$0
Nov 2015038.792.17$0
Oct 2015043.552.43$0
Sep 2015042.992.76$0
Aug 2015040.162.87$0
Jul 2015048.152.95$0
Jun 2015056.152.88$0
May 2015055.212.96$0
Apr 2015049.822.71$0
Mar 2015042.892.93$0
Feb 2015044.662.98$0
Jan 2015043.433.10$0
Dec 2014054.693.59$0
Nov 2014070.464.25$0
Oct 2014078.303.90$0
Sep 2014086.164.05$0
Aug 2014089.394.04$0
Jul 2014096.564.18$0
Jun 2014098.164.74$0
May 2014094.734.73$0
Apr 2014095.944.81$0
Mar 2014095.895.06$0
Feb 2014097.406.19$0
Jan 2014090.404.86$0
Dec 2013091.824.35$0
Nov 2013088.853.74$0
Oct 2013097.423.78$0
Sep 20130104.113.72$0
Aug 20130104.253.52$0
Jul 20130102.523.72$0
Jun 2013094.403.93$0
May 2013094.834.15$0
Apr 2013093.964.28$0
Mar 2013093.623.91$0
Feb 2013091.233.42$0
Jan 2013091.603.42$0
Dec 2012086.773.42$0
Nov 2012086.953.62$0
Oct 2012089.383.40$0
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 20122,10098.092.73$5,742
Dec 20112,79996.873.24$9,068
Nov 20111,85595.723.31$6,142
Oct 20112,40984.983.65$8,789
Sep 20113,21683.623.99$12,818
Aug 20112,65083.404.15$10,996
Jul 20113,20194.144.52$14,460
Jun 20113,65792.904.64$16,968
May 20113,56298.134.40$15,690
Apr 20113,571105.964.33$15,474
Mar 20113,91696.364.06$15,889
Feb 20113,29085.644.18$13,752
Jan 20114,39586.504.59$20,168
Dec 20104,25885.734.35$18,513
Nov 20104,35880.843.80$16,540
Oct 20104,75278.103.51$16,674
Sep 20105,44972.633.98$21,684
Aug 20104,87373.684.42$21,536
Jul 20105,01372.554.74$23,744
Jun 20104,98470.364.91$24,473
May 20105,42671.124.24$22,980
Apr 20104,30381.694.12$17,740
Mar 20102,78978.394.39$12,240
Feb 201036173.585.44$1,965
Jan 20102,49374.365.96$14,868
Dec 20095,49571.445.48$30,133
Nov 20095,98274.593.75$22,441
Oct 20095,90672.544.11$24,275
Sep 20096,79465.543.06$20,822
Aug 20098,18267.423.22$26,334
Jul 20097,15061.133.46$24,771
Jun 20097,10666.163.90$27,678
May 20097,08254.743.93$27,802
Apr 20096,86746.773.59$24,635
Mar 20096,68142.144.06$27,118
Feb 20096,76632.814.63$31,347
Jan 20098,07335.865.37$43,360
Dec 20089,02137.105.98$53,920
Nov 20089,47055.496.86$64,968
Oct 200810,01075.246.92$69,289
Sep 200810,007101.767.88$78,826
Aug 200811,457114.228.48$97,190
Jul 20088,185131.0811.39$93,222
Jun 20081,369131.3313.03$17,842
May 20085,558123.1711.57$64,330
Apr 200811,126110.3110.45$116,321
Mar 200814,305101.909.66$138,245
Feb 200817,02592.538.77$149,319
Jan 20081,73190.388.21$14,204
Dec 20072,85688.337.30$20,854
Nov 200728191.677.29$2,049
Oct 2007082.856.92$0
Sep 2007075.846.24$0
Aug 2007069.066.39$0
Jul 2007070.906.39$0
Jun 2007062.007.55$0
May 20079358.747.85$730
Apr 200714159.617.81$1,101
Mar 20075456.927.30$394
Feb 2007055.108.22$0
Jan 2007050.306.73$0
Dec 2006056.656.92$0
Nov 2006054.207.62$0
Oct 200635054.906.01$2,105
Sep 20062,42960.085.04$12,235
Aug 20062,68268.717.34$19,686
Jul 20062,10669.376.34$13,358
Jun 20062,44166.286.38$15,583
May 20062,34966.016.42$15,092
Apr 20062,25364.397.36$16,583
Mar 20062,74656.707.08$19,450
Feb 20061,06557.597.75$8,255
Jan 20062,98960.598.93$26,702
Dec 20053,11754.9413.42$41,816
Nov 20053,00854.6910.59$31,850
Oct 20054,33558.3413.80$59,805
Sep 20056,02861.4512.08$72,812
Aug 20056,74061.519.80$66,031
Jul 20058,59755.697.84$67,432
Jun 2005052.337.38$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 2012 — as filed, then multipliedworked
Gas                2,100 Mcf  × $  2.73 =     $5,742

────────────────────────────────────────────────────
Month total                                   $5,742

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/227904 is the state's own key, not one this site invented.