ELLIS

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 228282District 09Field 65280200CondensateGasSaveExport
Value, all time
$1.5 M
Mar 2007 – May 2014
Value, last 12 filed months
$0
at the published price for each month
Months reported
87
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
CondensateDisposition3 bbl$344
GasProduction236,540 Mcf$1,535,627
Total$1,535,971

Every month this lease reported (87)

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

87 months

May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 201201698.092.73$44
Dec 201101796.873.24$55
Nov 20110095.723.31$0
Oct 201103484.983.65$124
Sep 20110083.623.99$0
Aug 201104483.404.15$183
Jul 20110094.144.52$0
Jun 201105392.904.64$246
May 20110098.134.40$0
Apr 2011032105.964.33$139
Mar 20110096.364.06$0
Feb 2011079185.644.18$3,306
Jan 201102,79886.504.59$12,839
Dec 201002,63085.734.35$11,435
Nov 201002,96880.843.80$11,265
Oct 201002,80578.103.51$9,842
Sep 201002,80772.633.98$11,170
Aug 201003,24073.684.42$14,319
Jul 201003,32472.554.74$15,744
Jun 201003,27070.364.91$16,057
May 201003,42371.124.24$14,497
Apr 201003,48281.694.12$14,355
Mar 201003,83178.394.39$16,813
Feb 201003,64773.585.44$19,848
Jan 201003,72374.365.96$22,204
Dec 200903,87671.445.48$21,255
Nov 200902,72174.593.75$10,208
Oct 200904,37072.544.11$17,962
Sep 200903,96865.543.06$12,161
Aug 200904,49067.423.22$14,451
Jul 200904,86761.133.46$16,862
Jun 200903,37566.163.90$13,146
May 200903,74354.743.93$14,694
Apr 200904,72946.773.59$16,965
Mar 200903,74942.144.06$15,217
Feb 200905,10832.814.63$23,665
Jan 200905,53135.865.37$29,707
Dec 200805,92537.105.98$35,415
Nov 200806,86855.496.86$47,117
Oct 200806,42775.246.92$44,488
Sep 200804,567101.767.88$35,975
Aug 200803,500114.228.48$29,691
Jul 200803,256131.0811.39$37,084
Jun 200803,692131.3313.03$48,116
May 200814,869123.1711.57$56,478
Apr 200827,381110.3110.45$77,388
Mar 200807,475101.909.66$72,239
Feb 200806,61092.538.77$57,974
Jan 200806,22490.388.21$51,072
Dec 2007010,69688.337.30$78,102
Nov 200707,55591.677.29$55,089
Oct 200704,27282.856.92$29,571
Sep 200707,18975.846.24$44,889
Aug 200708,36769.066.39$53,448
Jul 200707,26370.906.39$46,396
Jun 200705,06762.007.55$38,248
May 2007013,73458.747.85$107,761
Apr 20070059.617.81$0
Mar 2007012,14156.927.30$88,653

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
Condensate             0 bbl  × $ 98.09 =         $0
Gas                   16 Mcf  × $  2.73 =        $44

────────────────────────────────────────────────────
Month total                                      $44

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/228282 is the state's own key, not one this site invented.