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 228210District 09Field 65280200CondensateGasSaveExport
Value, all time
$2.0 M
Jan 2007 – May 2026
Value, last 12 filed months
$12 k
at the published price for each month
Months reported
233
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
CondensateDisposition14 bbl$1,374
GasProduction378,104 Mcf$1,950,408
Total$1,951,782

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 20260231106.413.05$704
Apr 2026034598.932.87$990
Mar 2026029189.753.15$916
Feb 2026028663.503.75$1,073
Jan 2026036859.138.00$2,943
Dec 2025022756.664.41$1,002
Nov 2025031458.593.93$1,233
Oct 2025026859.383.30$886
Sep 2025015962.743.08$489
Aug 2025016163.933.01$485
Jul 2025013566.743.32$448
Jun 2025014766.483.13$460
May 2025015660.553.23$504
Apr 2025013262.363.54$468
Mar 2025012667.704.27$538
Feb 2025012070.884.34$521
Jan 2025029574.324.28$1,262
Dec 2024030068.993.12$936
Nov 2024011369.052.20$248
Oct 2024023271.372.28$529
Sep 2024013969.612.36$329
Aug 202406275.632.06$128
Jul 2024015879.932.15$339
Jun 2024016178.082.63$424
May 2024020178.812.20$442
Apr 2024016884.451.66$279
Mar 2024016580.301.55$255
Feb 2024022676.091.78$403
Jan 2024027273.023.30$897
Dec 2023035171.262.61$916
Nov 2023018777.892.81$525
Oct 2023021285.443.09$655
Sep 2023018989.042.74$517
Aug 2023027880.522.67$743
Jul 2023026074.852.64$687
Jun 2023044268.962.26$998
May 2023044870.622.23$998
Apr 2023026678.122.24$595
Mar 2023066172.852.39$1,582
Feb 2023025475.112.47$626
Jan 2023055876.533.39$1,890
Dec 2022017876.415.73$1,020
Nov 2022071485.005.65$4,031
Oct 2022090087.185.86$5,277
Sep 2022050084.888.16$4,082
Aug 202201,12994.529.13$10,305
Jul 20220352101.587.54$2,655
Jun 20220352115.097.98$2,808
May 20220210109.378.43$1,771
Apr 20220601104.226.84$4,109
Mar 20220601108.885.08$3,051
Feb 2022058691.054.86$2,847
Jan 2022068781.844.54$3,117
Dec 2021062171.323.90$2,421
Nov 2021077677.435.24$4,064
Oct 2021073579.795.71$4,200
Sep 2021056769.865.35$3,034
Aug 2021061466.024.22$2,591
Jul 2021054370.783.98$2,162
Jun 2021056169.493.38$1,897
May 2021068463.483.02$2,064
Apr 2021072160.362.76$1,989
Mar 2021066961.302.72$1,818
Feb 2021054657.805.55$3,029
Jan 2021075650.412.81$2,125
Dec 2020062044.642.68$1,659
Nov 2020075738.772.71$2,049
Oct 2020089136.972.48$2,208
Sep 2020087037.091.99$1,732
Aug 202001,18939.982.39$2,836
Jul 202001,00238.371.83$1,829
Jun 2020026934.901.69$455
May 2020024116.921.81$437
Apr 20200014.751.80$0
Mar 2020091230.341.86$1,693
Feb 202001,07549.881.98$2,129
Jan 202001,31857.252.09$2,761
Dec 201901,03659.012.30$2,387
Nov 2019079955.302.75$2,198
Oct 2019067453.472.42$1,630
Sep 2019067355.052.66$1,788
Aug 2019091153.112.30$2,099
Jul 2019099856.272.46$2,455
Jun 201901,18252.782.49$2,945
May 201901,04658.482.74$2,866
Apr 2019096662.632.75$2,657
Mar 2019067156.803.06$2,055
Feb 2019062550.852.79$1,745
Jan 2019058646.033.23$1,892
Dec 2018089346.594.19$3,738
Nov 2018082152.934.24$3,479
Oct 201801,02861.443.40$3,493
Sep 2018083659.543.11$2,598
Aug 2018092459.403.07$2,834
Jul 2018036865.142.93$1,079
Jun 201801,02460.183.08$3,151
May 2018096565.382.90$2,799
Apr 201801,51063.842.90$4,380
Mar 2018078961.222.79$2,199
Feb 2018065261.782.77$1,804
Jan 2018095162.874.01$3,813
Dec 201701,30657.272.92$3,816
Nov 201701,16955.423.12$3,645
Oct 201701,15049.292.98$3,431
Sep 2017077347.523.09$2,386
Aug 2017064545.373.00$1,938
Jul 2017095743.873.09$2,955
Jun 201701,31342.493.09$4,054
May 201701,67645.373.26$5,469
Apr 201701,56447.933.21$5,023
Mar 201701,71546.772.98$5,117
Feb 201701,62350.452.95$4,792
Jan 201702,61249.413.42$8,930
Dec 201602,25448.763.72$8,391
Nov 20160042.492.64$0
Oct 201609046.193.09$278
Sep 2016019341.553.10$598
Aug 2016019141.442.92$559
Jul 2016016041.622.92$468
Jun 201601,23045.352.69$3,304
May 201601,28742.521.99$2,562
Apr 201602,32536.561.99$4,629
Mar 201601,37233.011.79$2,461
Feb 201601,98426.472.06$4,094
Jan 201601,36627.352.36$3,230
Dec 201502,10832.362.00$4,219
Nov 201502,41738.792.17$5,238
Oct 2015053543.552.43$1,298
Sep 201501,85342.992.76$5,111
Aug 201501,64240.162.87$4,717
Jul 201501,94048.152.95$5,713
Jun 201501,92856.152.88$5,558
May 201501,19255.212.96$3,523
Apr 201501,64149.822.71$4,441
Mar 201501,45442.892.93$4,267
Feb 201501,41144.662.98$4,199
Jan 201501,58443.433.10$4,911
Dec 201401,63754.693.59$5,879
Nov 201401,70070.464.25$7,228
Oct 201401,29178.303.90$5,036
Sep 201401,56286.164.05$6,319
Aug 201401,82989.394.04$7,380
Jul 201401,55996.564.18$6,516
Jun 201401,60098.164.74$7,579
May 201401,41094.734.73$6,664
Apr 201401,34595.944.81$6,468
Mar 201401,79695.895.06$9,082
Feb 201401,61397.406.19$9,988
Jan 201401,75090.404.86$8,506
Dec 201301,87191.824.35$8,147
Nov 201301,86388.853.74$6,964
Oct 201302,09997.423.78$7,933
Sep 201301,687104.113.72$6,272
Aug 201301,825104.253.52$6,429
Jul 201302,093102.523.72$7,781
Jun 201302,08094.403.93$8,181
May 201302,02494.834.15$8,398
Apr 201301,59293.964.28$6,818
Mar 201301,04293.623.91$4,077
Feb 201301,66291.233.42$5,684
Jan 201301,77391.603.42$6,064
Dec 201202,18386.773.42$7,466
Nov 201201,27586.953.62$4,622
Oct 201201,85389.383.40$6,300
Sep 201201,85394.672.92$5,408
Aug 201201,59792.662.91$4,644
Jul 201201,31785.133.02$3,978
Jun 201201,61979.822.52$4,078
May 201201,87791.612.49$4,671
Apr 201201,438101.652.00$2,871
Mar 201201,206105.052.22$2,680
Feb 201201,682101.102.57$4,323
Jan 201202,09598.092.73$5,728
Dec 201101,80596.873.24$5,848
Nov 201101,68095.723.31$5,563
Oct 201102,47984.983.65$9,045
Sep 201102,29783.623.99$9,155
Aug 201101,17983.404.15$4,892
Jul 201101,57894.144.52$7,128
Jun 201101,37692.904.64$6,384
May 2011141,57998.134.40$8,329
Apr 20110959105.964.33$4,156
Mar 2011094696.364.06$3,838
Feb 201101,34185.644.18$5,605
Jan 201101,19086.504.59$5,461
Dec 201001,18785.734.35$5,161
Nov 201001,22280.843.80$4,638
Oct 201001,68378.103.51$5,905
Sep 201002,27972.633.98$9,069
Aug 201002,22973.684.42$9,851
Jul 201002,56772.554.74$12,159
Jun 201002,16270.364.91$10,616
May 201002,26771.124.24$9,601
Apr 201002,58781.694.12$10,665
Mar 201002,54578.394.39$11,169
Feb 201002,40073.585.44$13,062
Jan 201002,83374.365.96$16,896
Dec 200902,86171.445.48$15,689
Nov 200902,52774.593.75$9,480
Oct 200902,64972.544.11$10,888
Sep 200903,21465.543.06$9,850
Aug 200903,03467.423.22$9,765
Jul 200902,95061.133.46$10,220
Jun 200902,95066.163.90$11,490
May 200903,28254.743.93$12,884
Apr 200903,35546.773.59$12,036
Mar 200903,38842.144.06$13,752
Feb 200903,28232.814.63$15,206
Jan 200903,64835.865.37$19,593
Dec 200803,04237.105.98$18,182
Nov 200803,47455.496.86$23,833
Oct 200803,60775.246.92$24,968
Sep 200804,123101.767.88$32,477
Aug 200804,527114.228.48$38,403
Jul 200805,047131.0811.39$57,482
Jun 200805,813131.3313.03$75,759
May 200803,766123.1711.57$43,589
Apr 200802,075110.3110.45$21,694
Mar 200802,058101.909.66$19,889
Feb 200803,22492.538.77$28,276
Jan 200804,37490.388.21$35,892
Dec 200703,72988.337.30$27,229
Nov 200703,93991.677.29$28,722
Oct 200705,70482.856.92$39,483
Sep 200706,48675.846.24$40,500
Aug 200706,86969.066.39$43,879
Jul 200707,33170.906.39$46,830
Jun 200707,64062.007.55$57,670
May 200708,88458.747.85$69,706
Apr 2007011,03059.617.81$86,091
Mar 2007017,63556.927.30$128,770
Feb 200708,12055.108.22$66,714
Jan 20070050.306.73$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
Condensate             0 bbl  × $106.41 =         $0
Gas                  231 Mcf  × $  3.05 =       $704

────────────────────────────────────────────────────
Month total                                     $704

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/228210 is the state's own key, not one this site invented.