HUTCHESON

Operated by SPINDLETOP OIL & GAS COMPANY (P-5 809930) 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 228118District 09Field 65280200GasSaveExport
Value, all time
$1.6 M
Jan 2007 – May 2026
Value, last 12 filed months
$14 k
at the published price for each month
Months reported
233
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
GasProduction314,379 Mcf$1,564,545
Total$1,564,545

Every month this lease reported (233)

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

233 months

May 2026291106.413.05$886
Apr 202635098.932.87$1,004
Mar 202623589.753.15$740
Feb 202628063.503.75$1,050
Jan 202637759.138.00$3,015
Dec 202515956.664.41$702
Nov 202543458.593.93$1,704
Oct 202568359.383.30$2,257
Sep 202516262.743.08$498
Aug 202516363.933.01$491
Jul 202517666.743.32$583
Jun 202518566.483.13$579
May 202516660.553.23$537
Apr 202524962.363.54$882
Mar 202521167.704.27$901
Feb 202512170.884.34$525
Jan 202517874.324.28$762
Dec 202415668.993.12$487
Nov 202410769.052.20$235
Oct 202412671.372.28$287
Sep 20245869.612.36$137
Aug 20247375.632.06$151
Jul 202411079.932.15$236
Jun 202416078.082.63$421
May 202426278.812.20$576
Apr 202424584.451.66$407
Mar 202427180.301.55$419
Feb 202428776.091.78$512
Jan 202429673.023.30$976
Dec 202340471.262.61$1,055
Nov 202338877.892.81$1,089
Oct 202325785.443.09$793
Sep 202330189.042.74$823
Aug 202332080.522.67$855
Jul 202339074.852.64$1,030
Jun 202351068.962.26$1,152
May 202335770.622.23$795
Apr 202330778.122.24$687
Mar 202327672.852.39$661
Feb 202343175.112.47$1,063
Jan 202342576.533.39$1,440
Dec 202275476.415.73$4,320
Nov 202262185.005.65$3,506
Oct 202260987.185.86$3,571
Sep 202249684.888.16$4,049
Aug 202249694.529.13$4,527
Jul 2022771101.587.54$5,815
Jun 2022771115.097.98$6,150
May 20221,108109.378.43$9,344
Apr 2022990104.226.84$6,769
Mar 2022990108.885.08$5,026
Feb 202290791.054.86$4,407
Jan 202286781.844.54$3,934
Dec 202156771.323.90$2,211
Nov 202181077.435.24$4,242
Oct 202193979.795.71$5,365
Sep 202183469.865.35$4,463
Aug 202156266.024.22$2,372
Jul 202161770.783.98$2,457
Jun 202149569.493.38$1,673
May 202152463.483.02$1,581
Apr 202147060.362.76$1,296
Mar 202154061.302.72$1,467
Feb 202179057.805.55$4,383
Jan 20211,04050.412.81$2,923
Dec 20201,02744.642.68$2,748
Nov 202091338.772.71$2,471
Oct 202080036.972.48$1,983
Sep 202092337.091.99$1,838
Aug 202099639.982.39$2,376
Jul 20201,41438.371.83$2,581
Jun 202025134.901.69$424
May 202023716.921.81$430
Apr 2020014.751.80$0
Mar 202099530.341.86$1,847
Feb 202082949.881.98$1,642
Jan 202094557.252.09$1,980
Dec 20191,18259.012.30$2,724
Nov 201991455.302.75$2,514
Oct 20191,00853.472.42$2,438
Sep 201998055.052.66$2,604
Aug 20191,02253.112.30$2,355
Jul 20191,04156.272.46$2,561
Jun 20191,15052.782.49$2,865
May 20191,06058.482.74$2,905
Apr 20191,25462.632.75$3,449
Mar 201990256.803.06$2,762
Feb 201995950.852.79$2,678
Jan 20191,23646.033.23$3,990
Dec 20181,12446.594.19$4,704
Nov 20181,13052.934.24$4,788
Oct 20181,23561.443.40$4,197
Sep 20181,16159.543.11$3,608
Aug 20181,05159.403.07$3,223
Jul 20181,09265.142.93$3,202
Jun 20181,09560.183.08$3,369
May 20181,09165.382.90$3,165
Apr 20181,19863.842.90$3,475
Mar 20181,19561.222.79$3,330
Feb 201896561.782.77$2,669
Jan 20181,07362.874.01$4,302
Dec 20171,22357.272.92$3,573
Nov 20171,20655.423.12$3,761
Oct 20171,24949.292.98$3,727
Sep 20171,30747.523.09$4,035
Aug 20171,17445.373.00$3,527
Jul 20171,14343.873.09$3,529
Jun 20171,03642.493.09$3,198
May 20171,10245.373.26$3,596
Apr 20171,21647.933.21$3,905
Mar 20171,36346.772.98$4,067
Feb 20171,32850.452.95$3,921
Jan 20171,81749.413.42$6,212
Dec 20162,70648.763.72$10,074
Nov 201621042.492.64$555
Oct 201610546.193.09$324
Sep 201622041.553.10$682
Aug 201622041.442.92$643
Jul 201619341.622.92$564
Jun 20161,46345.352.69$3,929
May 20161,51742.521.99$3,020
Apr 20161,46136.561.99$2,909
Mar 20161,48133.011.79$2,657
Feb 20161,26726.472.06$2,615
Jan 20161,54627.352.36$3,655
Dec 20151,65632.362.00$3,314
Nov 20151,57838.792.17$3,420
Oct 201578543.552.43$1,905
Sep 201580742.992.76$2,226
Aug 20151,12240.162.87$3,223
Jul 20151,05448.152.95$3,104
Jun 20151,14956.152.88$3,312
May 20151,08655.212.96$3,210
Apr 20151,19949.822.71$3,245
Mar 20151,12942.892.93$3,313
Feb 20151,03044.662.98$3,065
Jan 20151,23043.433.10$3,814
Dec 20141,11854.693.59$4,015
Nov 201485970.464.25$3,652
Oct 201491478.303.90$3,565
Sep 201475086.164.05$3,034
Aug 201492089.394.04$3,712
Jul 20141,24496.564.18$5,199
Jun 20141,25998.164.74$5,964
May 20141,22294.734.73$5,776
Apr 20141,35095.944.81$6,492
Mar 20141,37995.895.06$6,973
Feb 20141,28297.406.19$7,938
Jan 201485390.404.86$4,146
Dec 20131,43891.824.35$6,262
Nov 20131,53688.853.74$5,742
Oct 20131,37597.423.78$5,197
Sep 20131,358104.113.72$5,049
Aug 20131,161104.253.52$4,090
Jul 20131,458102.523.72$5,420
Jun 20131,50794.403.93$5,928
May 20131,49594.834.15$6,203
Apr 20131,20893.964.28$5,173
Mar 20131,40993.623.91$5,513
Feb 20131,36191.233.42$4,655
Jan 20131,28491.603.42$4,391
Dec 20121,29786.773.42$4,436
Nov 20121,34586.953.62$4,876
Oct 201281589.383.40$2,771
Sep 20121,37694.672.92$4,016
Aug 20121,42492.662.91$4,141
Jul 20121,28785.133.02$3,888
Jun 201293679.822.52$2,358
May 201274091.612.49$1,841
Apr 2012896101.652.00$1,789
Mar 20121,147105.052.22$2,549
Feb 20121,340101.102.57$3,444
Jan 20121,49298.092.73$4,079
Dec 20111,25196.873.24$4,053
Nov 20111,64395.723.31$5,440
Oct 20111,39884.983.65$5,101
Sep 20111,64183.623.99$6,541
Aug 20111,48283.404.15$6,149
Jul 20112,06394.144.52$9,319
Jun 20111,16192.904.64$5,387
May 20111,67598.134.40$7,378
Apr 20111,766105.964.33$7,653
Mar 20111,82996.364.06$7,421
Feb 20111,61385.644.18$6,742
Jan 20111,86086.504.59$8,535
Dec 20101,90785.734.35$8,291
Nov 20101,79880.843.80$6,824
Oct 20101,38778.103.51$4,867
Sep 20101,78072.633.98$7,083
Aug 20101,94473.684.42$8,591
Jul 20101,99472.554.74$9,445
Jun 20101,96770.364.91$9,659
May 20101,95171.124.24$8,263
Apr 20102,00081.694.12$8,245
Mar 20102,09078.394.39$9,172
Feb 20101,92373.585.44$10,466
Jan 20102,19174.365.96$13,067
Dec 20092,17371.445.48$11,916
Nov 20092,11874.593.75$7,946
Oct 20092,71472.544.11$11,155
Sep 20092,31465.543.06$7,092
Aug 20092,32667.423.22$7,486
Jul 20092,22561.133.46$7,709
Jun 20092,22566.163.90$8,666
May 20092,37954.743.93$9,339
Apr 20092,36046.773.59$8,467
Mar 20092,53842.144.06$10,302
Feb 20092,37932.814.63$11,022
Jan 20092,47435.865.37$13,288
Dec 20082,55437.105.98$15,266
Nov 20082,68355.496.86$18,406
Oct 20082,91775.246.92$20,191
Sep 20082,938101.767.88$23,143
Aug 20082,985114.228.48$25,322
Jul 20083,062131.0811.39$34,874
Jun 20083,104131.3313.03$40,453
May 20083,509123.1711.57$40,614
Apr 20083,993110.3110.45$41,746
Mar 20082,967101.909.66$28,673
Feb 20083,57892.538.77$31,381
Jan 20083,40990.388.21$27,973
Dec 20073,98488.337.30$29,091
Nov 20073,81391.677.29$27,803
Oct 20074,31982.856.92$29,896
Sep 20074,40575.846.24$27,506
Aug 20074,93769.066.39$31,537
Jul 20074,54670.906.39$29,040
Jun 20075,90562.007.55$44,574
May 20077,13358.747.85$55,968
Apr 20078,84459.617.81$69,029
Mar 20079,03756.927.30$65,988
Feb 20075255.108.22$427
Jan 2007050.306.73$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.

May 2026 — as filed, then multipliedworked
Gas                  291 Mcf  × $  3.05 =       $886

────────────────────────────────────────────────────
Month total                                     $886

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/228118 is the state's own key, not one this site invented.