PILOT

Operated by STEPHENS & JOHNSON OPERATING CO. (P-5 817555) 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 231020District 09Field 65280200CondensateGasSaveExport
Value, all time
$3.5 M
Oct 2006 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
236
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
CondensateDisposition1,492 bbl$145,085
GasProduction635,888 Mcf$3,347,537
Total$3,492,623

Every month this lease reported (236)

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

236 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
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 2019021453.112.30$493
Jul 2019056456.272.46$1,387
Jun 2019023652.782.49$588
May 201901,08358.482.74$2,968
Apr 201901,27862.632.75$3,515
Mar 201901,83856.803.06$5,628
Feb 201901,12350.852.79$3,136
Jan 201902,40446.033.23$7,761
Dec 2018098046.594.19$4,102
Nov 201802,60152.934.24$11,021
Oct 201802,83761.443.40$9,640
Sep 201802,22859.543.11$6,925
Aug 201802,08459.403.07$6,391
Jul 201803,30665.142.93$9,693
Jun 2018070260.183.08$2,160
May 201802,92165.382.90$8,473
Apr 201802,72563.842.90$7,905
Mar 201802,88061.222.79$8,026
Feb 201802,70861.782.77$7,491
Jan 201803,39562.874.01$13,612
Dec 201702,26557.272.92$6,617
Nov 201701,61455.423.12$5,033
Oct 201703,38849.292.98$10,109
Sep 201703,81447.523.09$11,775
Aug 201702,75545.373.00$8,277
Jul 20176832443.873.09$3,983
Jun 2017024042.493.09$741
May 201701,30445.373.26$4,255
Apr 201702,02247.933.21$6,494
Mar 201702,08446.772.98$6,218
Feb 201702,17650.452.95$6,425
Jan 201702,46149.413.42$8,414
Dec 201602,22248.763.72$8,272
Nov 201602,55142.492.64$6,746
Oct 201602,51946.193.09$7,784
Sep 201601,15741.553.10$3,587
Aug 201601,89241.442.92$5,533
Jul 201603,09941.622.92$9,063
Jun 201602,50945.352.69$6,739
May 201602,08942.521.99$4,159
Apr 201601,93036.561.99$3,843
Mar 201602,35733.011.79$4,228
Feb 201602,70026.472.06$5,572
Jan 201603,32627.352.36$7,864
Dec 201503,07832.362.00$6,160
Nov 201503,04538.792.17$6,600
Oct 201503,12743.552.43$7,588
Sep 201503,10342.992.76$8,559
Aug 201503,25640.162.87$9,353
Jul 201503,03848.152.95$8,947
Jun 201502,43156.152.88$7,008
May 201503,22855.212.96$9,540
Apr 201503,24949.822.71$8,794
Mar 201502,98442.892.93$8,757
Feb 201502,77244.662.98$8,250
Jan 201502,77543.433.10$8,604
Dec 201403,32354.693.59$11,934
Nov 201403,54670.464.25$15,077
Oct 201403,05578.303.90$11,917
Sep 201403,00486.164.05$12,153
Aug 201403,27989.394.04$13,231
Jul 201403,71696.564.18$15,531
Jun 201403,23298.164.74$15,310
May 201402,87694.734.73$13,594
Apr 2014543,12995.944.81$20,229
Mar 201403,79795.895.06$19,201
Feb 201402,99597.406.19$18,545
Jan 201403,36390.404.86$16,347
Dec 201303,45091.824.35$15,023
Nov 201303,59588.853.74$13,439
Oct 201303,48897.423.78$13,182
Sep 201303,623104.113.72$13,469
Aug 201303,783104.253.52$13,326
Jul 201303,144102.523.72$11,689
Jun 201303,59494.403.93$14,137
May 201303,66194.834.15$15,190
Apr 201303,28193.964.28$14,051
Mar 2013102,89593.623.91$12,264
Feb 201302,68091.233.42$9,165
Jan 201303,17791.603.42$10,865
Dec 201203,50986.773.42$12,001
Nov 201204,17086.953.62$15,116
Oct 2012194,35989.383.40$16,517
Sep 201201,50894.672.92$4,401
Aug 201203,39892.662.91$9,882
Jul 201203,40585.133.02$10,286
Jun 201214,12879.822.52$10,478
May 201204,63191.612.49$11,523
Apr 201204,493101.652.00$8,972
Mar 201216,793105.052.22$15,200
Feb 2012121,305101.102.57$4,567
Jan 2012012998.092.73$353
Dec 2011027096.873.24$875
Nov 2011076495.723.31$2,530
Oct 2011041184.983.65$1,500
Sep 2011056983.623.99$2,268
Aug 201103,08583.404.15$12,801
Jul 2011321,99794.144.52$12,033
Jun 201101,36092.904.64$6,310
May 201101,03198.134.40$4,541
Apr 20111112,232105.964.33$21,433
Mar 201104,57396.364.06$18,554
Feb 201104,00585.644.18$16,741
Jan 201103,86486.504.59$17,731
Dec 201004,22785.734.35$18,378
Nov 201004,09680.843.80$15,546
Oct 201004,47378.103.51$15,695
Sep 201004,32372.633.98$17,203
Aug 20101434,46873.684.42$30,282
Jul 201004,26672.554.74$20,206
Jun 201004,57570.364.91$22,465
May 201004,48871.124.24$19,008
Apr 201004,21881.694.12$17,390
Mar 201004,71078.394.39$20,671
Feb 20101864,29073.585.44$37,034
Jan 201004,26174.365.96$25,413
Dec 200904,80171.445.48$26,327
Nov 200904,65174.593.75$17,448
Oct 200904,77772.544.11$19,635
Sep 200904,42265.543.06$13,552
Aug 200905,97567.423.22$19,231
Jul 200905,45561.133.46$18,899
Jun 200905,54766.163.90$21,606
May 200906,21354.743.93$24,391
Apr 200904,41146.773.59$15,824
Mar 200905,26742.144.06$21,379
Feb 200905,75232.814.63$26,649
Jan 200906,13135.865.37$32,930
Dec 200805,23237.105.98$31,272
Nov 200815,36855.496.86$36,882
Oct 200806,59575.246.92$45,650
Sep 200805,810101.767.88$45,766
Aug 20081107,056114.228.48$72,420
Jul 200807,129131.0811.39$81,195
Jun 20081916,728131.3313.03$112,768
May 20082166,614123.1711.57$103,157
Apr 20081536,823110.3110.45$88,211
Mar 200807,117101.909.66$68,779
Feb 200805,85492.538.77$51,343
Jan 200805,30190.388.21$43,499
Dec 2007012,95488.337.30$94,590
Nov 2007013,50391.677.29$98,460
Oct 2007015,31282.856.92$105,989
Sep 2007012,25575.846.24$76,522
Aug 200718412,15369.066.39$90,340
Jul 2007010,06970.906.39$64,320
Jun 2007011,11662.007.55$83,909
May 2007014,01058.747.85$109,926
Apr 2007010,66159.617.81$83,211
Mar 200706,35556.927.30$46,404
Feb 2007017,91855.108.22$147,214
Jan 2007021,72450.306.73$146,134
Dec 200604,93656.656.92$34,149
Nov 200608,69954.207.62$66,264
Oct 2006013354.906.01$800

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 2019 — as filed, then multipliedworked
Condensate             0 bbl  × $ 53.11 =         $0
Gas                  214 Mcf  × $  2.30 =       $493

────────────────────────────────────────────────────
Month total                                     $493

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/231020 is the state's own key, not one this site invented.