FRENCH ROAST

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 230990District 09Field 65280200CondensateGasSaveExport
Value, all time
$4.2 M
May 2007 – Jun 2018
Value, last 12 filed months
$0
at the published price for each month
Months reported
134
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
CondensateDisposition189 bbl$13,347
GasProduction831,405 Mcf$4,177,429
Total$4,190,777

Every month this lease reported (134)

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

134 months

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 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
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 2013013891.233.42$472
Jan 201302,47391.603.42$8,457
Dec 201203,20786.773.42$10,968
Nov 201203,33086.953.62$12,071
Oct 201202,27789.383.40$7,741
Sep 201206,70094.672.92$19,553
Aug 201207,31492.662.91$21,270
Jul 201208,69985.133.02$26,278
Jun 201206,58879.822.52$16,595
May 201205,43991.612.49$13,534
Apr 201206,241101.652.00$12,462
Mar 201206,667105.052.22$14,815
Feb 201208,773101.102.57$22,549
Jan 2012010,17298.092.73$27,811
Dec 201108,41296.873.24$27,253
Nov 201109,10495.723.31$30,146
Oct 201107,21984.983.65$26,339
Sep 201108,66783.623.99$34,545
Aug 201109,75483.404.15$40,472
Jul 201108,75694.144.52$39,553
Jun 201109,35092.904.64$43,383
May 201109,06798.134.40$39,939
Apr 201106,633105.964.33$28,743
Mar 201109,71396.364.06$39,409
Feb 201105,46685.644.18$22,848
Jan 201109,43486.504.59$43,291
Dec 2010011,43085.734.35$49,695
Nov 201009,81180.843.80$37,236
Oct 201009,34978.103.51$32,805
Sep 2010010,78272.633.98$42,907
Aug 2010014,21773.684.42$62,830
Jul 2010010,69372.554.74$50,647
Jun 20101808,28370.364.91$53,338
May 2010021,41871.124.24$90,710
Apr 2010018,01681.694.12$74,274
Mar 2010015,56978.394.39$68,327
Feb 2010012,14173.585.44$66,076
Jan 2010014,28574.365.96$85,197
Dec 2009014,79071.445.48$81,105
Nov 2009015,39074.593.75$57,736
Oct 2009016,82272.544.11$69,143
Sep 2009019,25165.543.06$59,000
Aug 200906,10767.423.22$19,655
Jul 2009023,73261.133.46$82,220
Jun 2009019,34266.163.90$75,337
May 2009019,60454.743.93$76,960
Apr 2009019,25346.773.59$69,070
Mar 2009018,77042.144.06$76,187
Feb 2009017,53732.814.63$81,249
Jan 2009019,88535.865.37$106,802
Dec 2008010,08637.105.98$60,285
Nov 2008010,20055.496.86$69,976
Oct 2008018,45875.246.92$127,766
Sep 2008014,515101.767.88$114,336
Aug 200806,051114.228.48$51,331
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 200807,24690.388.21$59,459
Dec 2007016,81888.337.30$122,805
Nov 2007016,81891.677.29$122,632
Oct 2007016,41282.856.92$113,604
Sep 2007929,15875.846.24$182,750
Aug 2007034,86569.066.39$222,716
Jul 2007040,68870.906.39$259,913
Jun 2007060,81862.007.55$459,082
May 200703,20258.747.85$25,124

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.

Feb 2013 — as filed, then multipliedworked
Condensate             0 bbl  × $ 91.23 =         $0
Gas                  138 Mcf  × $  3.42 =       $472

────────────────────────────────────────────────────
Month total                                     $472

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/230990 is the state's own key, not one this site invented.