BAKER STREET

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 230532District 09Field 65280200CondensateGasSaveExport
Value, all time
$1.2 M
Feb 2007 – Jun 2012
Value, last 12 filed months
$0
at the published price for each month
Months reported
65
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
CondensateDisposition366 bbl$20,979
GasProduction155,557 Mcf$1,192,494
Total$1,213,474

Every month this lease reported (65)

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

65 months

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 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
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 20090767.423.22$23
Jul 20090061.133.46$0
Jun 20090466.163.90$16
May 20090054.743.93$0
Apr 20090646.773.59$22
Mar 20090042.144.06$0
Feb 20095391832.814.63$5,992
Jan 20097329835.865.37$4,218
Dec 2008262937.105.98$1,138
Nov 20082835555.496.86$3,989
Oct 200802,49775.246.92$17,284
Sep 200802,649101.767.88$20,866
Aug 200804,270114.228.48$36,223
Jul 200804,013131.0811.39$45,706
Jun 200802,942131.3313.03$38,342
May 200803,237123.1711.57$37,466
Apr 200806,500110.3110.45$67,957
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 200807,08190.388.21$58,105
Dec 200783,24488.337.30$24,394
Nov 2007435,16791.677.29$41,618
Oct 2007588,09782.856.92$60,853
Sep 2007410,69875.846.24$67,103
Aug 2007011,73669.066.39$74,969
Jul 2007014,61370.906.39$93,347
Jun 2007016,44762.007.55$124,149
May 2007511,43558.747.85$90,016
Apr 20076816,96059.617.81$136,430
Mar 2007022,33156.927.30$163,060
Feb 200702355.108.22$189

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.

Aug 2009 — as filed, then multipliedworked
Condensate             0 bbl  × $ 67.42 =         $0
Gas                    7 Mcf  × $  3.22 =        $23

────────────────────────────────────────────────────
Month total                                      $23

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/230532 is the state's own key, not one this site invented.