PATTON

Operated by OAKRIDGE OIL AND GAS, LP (P-5 617342) 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 229567District 09Field 65280200CondensateGasSaveExport
Value, all time
$6.8 M
May 2007 – Jun 2021
Value, last 12 filed months
$3 k
at the published price for each month
Months reported
170
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
CondensateDisposition52,774 bbl$4,393,653
GasProduction361,597 Mcf$2,357,724
Total$6,751,377

Every month this lease reported (170)

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

170 months

Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 202152060.362.76$3,139
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 2014040389.394.04$1,626
Jul 201401,15296.564.18$4,815
Jun 201401,18198.164.74$5,594
May 201401,63494.734.73$7,723
Apr 2014086795.944.81$4,170
Mar 2014093995.895.06$4,748
Feb 2014087197.406.19$5,393
Jan 201401,79590.404.86$8,725
Dec 20130091.824.35$0
Nov 201305688.853.74$209
Oct 2013017497.423.78$658
Sep 20130429104.113.72$1,595
Aug 20130631104.253.52$2,223
Jul 20130105102.523.72$390
Jun 2013028994.403.93$1,137
May 2013017894.834.15$739
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 201301,50691.233.42$5,150
Jan 2013084791.603.42$2,897
Dec 201201,31986.773.42$4,511
Nov 201201,33086.953.62$4,821
Oct 201202,06789.383.40$7,027
Sep 201202,26094.672.92$6,596
Aug 201202,24492.662.91$6,526
Jul 201202,13785.133.02$6,455
Jun 201202,20679.822.52$5,557
May 201202,48791.612.49$6,188
Apr 201202,389101.652.00$4,770
Mar 201270105.052.22$735
Feb 20121701,426101.102.57$20,852
Jan 201202,71298.092.73$7,415
Dec 201101,48796.873.24$4,817
Nov 201102,10995.723.31$6,983
Oct 201102,26884.983.65$8,275
Sep 2011088083.623.99$3,508
Aug 201102683.404.15$108
Jul 20110094.144.52$0
Jun 2011071192.904.64$3,299
May 2011091198.134.40$4,013
Apr 20110767105.964.33$3,324
Mar 2011037396.364.06$1,513
Feb 2011055585.644.18$2,320
Jan 201111786.504.59$165
Dec 20100885.734.35$35
Nov 2010038480.843.80$1,457
Oct 201010652078.103.51$10,103
Sep 201001,36672.633.98$5,436
Aug 201002,01473.684.42$8,901
Jul 201001,62572.554.74$7,697
Jun 201001,67070.364.91$8,200
May 201002,02471.124.24$8,572
Apr 201003,25481.694.12$13,415
Mar 20101323,24678.394.39$24,593
Feb 201003,41573.585.44$18,586
Jan 20101394,91874.365.96$39,667
Dec 200904,93171.445.48$27,040
Nov 20091274,82974.593.75$27,589
Oct 200903,54772.544.11$14,579
Sep 20091315,48265.543.06$25,387
Aug 20094667,03767.423.22$54,066
Jul 20091056,65161.133.46$29,461
Jun 20093696,26366.163.90$48,807
May 200905,40554.743.93$21,219
Apr 20092895,77346.773.59$34,227
Mar 20091763,49942.144.06$21,619
Feb 20091971,74532.814.63$14,548
Jan 20095482,88235.865.37$35,131
Dec 20081,0907,46937.105.98$85,082
Nov 20083584,06855.496.86$47,773
Oct 20081,2753,05775.246.92$117,091
Sep 20081,0922,025101.767.88$127,073
Aug 20081,9914,058114.228.48$261,836
Jul 20081,9184,596131.0811.39$303,757
Jun 20081,5545,107131.3313.03$270,644
May 20082,13317,661123.1711.57$467,135
Apr 20081,55716,363110.3110.45$342,826
Mar 20081,6967,704101.909.66$247,274
Feb 20081,4766,95292.538.77$197,547
Jan 20083,07512,43890.388.21$379,981
Dec 20072,80413,66988.337.30$347,488
Nov 20073,12013,97391.677.29$387,897
Oct 20073,07916,60582.856.92$370,035
Sep 20073,54617,82275.846.24$380,212
Aug 20073,90620,34369.066.39$399,698
Jul 20075,13125,96570.906.39$529,651
Jun 20078,18728,11262.007.55$719,796
May 20077715,38458.747.85$87,533

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.

Apr 2021 — as filed, then multipliedworked
Condensate            52 bbl  × $ 60.36 =     $3,139
Gas                    0 Mcf  × $  2.76 =         $0

────────────────────────────────────────────────────
Month total                                   $3,139

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/229567 is the state's own key, not one this site invented.