BYRD

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 229368District 09Field 65280200CondensateGasSaveExport
Value, all time
$785 k
Apr 2007 – Mar 2014
Value, last 12 filed months
$0
at the published price for each month
Months reported
84
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
CondensateDisposition188 bbl$12,555
GasProduction100,709 Mcf$772,127
Total$784,683

Every month this lease reported (84)

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

84 months

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 20120098.092.73$0
Dec 201103496.873.24$110
Nov 20110095.723.31$0
Oct 201102984.983.65$106
Sep 20110083.623.99$0
Aug 201105683.404.15$232
Jul 201101494.144.52$63
Jun 20110092.904.64$0
May 201103598.134.40$154
Apr 201100105.964.33$0
Mar 20110296.364.06$8
Feb 201101285.644.18$50
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 201001480.843.80$53
Oct 20100078.103.51$0
Sep 201002372.633.98$92
Aug 20100073.684.42$0
Jul 20100972.554.74$43
Jun 20100070.364.91$0
May 201005671.124.24$237
Apr 20100081.694.12$0
Mar 20100378.394.39$13
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 200918414267.423.22$12,862
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 200924,73342.144.06$19,296
Feb 200925,28732.814.63$24,560
Jan 200906,28335.865.37$33,746
Dec 200807,84637.105.98$46,897
Nov 200808,57355.496.86$58,814
Oct 2008011,00175.246.92$76,149
Sep 200807,864101.767.88$61,945
Aug 200804,102114.228.48$34,797
Jul 200803,136131.0811.39$35,717
Jun 200804,301131.3313.03$56,053
May 200803,250123.1711.57$37,616
Apr 200808,452110.3110.45$88,364
Mar 200801,960101.909.66$18,942
Feb 2008067792.538.77$5,938
Jan 200802,91490.388.21$23,912
Dec 2007088588.337.30$6,462
Nov 200701,45991.677.29$10,639
Oct 2007048382.856.92$3,343
Sep 2007032475.846.24$2,023
Aug 200703,08569.066.39$19,707
Jul 2007048770.906.39$3,111
Jun 200701,49662.007.55$11,292
May 200703,76958.747.85$29,573
Apr 200707,91359.617.81$61,763

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.

Dec 2011 — as filed, then multipliedworked
Condensate             0 bbl  × $ 96.87 =         $0
Gas                   34 Mcf  × $  3.24 =       $110

────────────────────────────────────────────────────
Month total                                     $110

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/229368 is the state's own key, not one this site invented.