HARDCASTLE

Operated by DELTA OIL & GAS LTD. (P-5 213703) 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 231487District 09Field 65280200CondensateGasSaveExport
Value, all time
$11.8 M
May 2007 – Jul 2025
Value, last 12 filed months
$0
at the published price for each month
Months reported
219
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
CondensateDisposition24 bbl$1,313
GasProduction1,994,372 Mcf$11,801,891
Total$11,803,203

Every month this lease reported (219)

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

219 months

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 201902455.302.75$66
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 2019067152.782.49$1,672
May 201911,93058.482.74$5,347
Apr 201912,03162.632.75$5,649
Mar 201912,17956.803.06$6,729
Feb 201903,25650.852.79$9,091
Jan 201914,60946.033.23$14,925
Dec 201825,70246.594.19$23,959
Nov 201811,79452.934.24$7,655
Oct 2018126061.443.40$945
Sep 201811,46159.543.11$4,600
Aug 201805,02059.403.07$15,394
Jul 201815,61665.142.93$16,531
Jun 201805,54360.183.08$17,055
May 201815,84865.382.90$17,029
Apr 201815,87063.842.90$17,092
Mar 201816,38761.222.79$17,861
Feb 201815,55361.782.77$15,422
Jan 201816,41062.874.01$25,763
Dec 201716,71057.272.92$19,661
Nov 201716,57655.423.12$20,562
Oct 201716,47649.292.98$19,372
Sep 201715,86447.523.09$18,151
Aug 201706,35045.373.00$19,078
Jul 201716,58743.873.09$20,380
Jun 201716,64842.493.09$20,567
May 201707,30745.373.26$23,846
Apr 201707,53247.933.21$24,190
Mar 201717,71946.772.98$23,078
Feb 201706,05150.452.95$17,866
Jan 201726,87249.413.42$23,593
Dec 201605,60848.763.72$20,878
Nov 201603,34742.492.64$8,851
Oct 201602,51546.193.09$7,772
Sep 201603,82941.553.10$11,872
Aug 201603,35541.442.92$9,811
Jul 201603,64241.622.92$10,650
Jun 201603,55445.352.69$9,545
May 201603,46342.521.99$6,895
Apr 201603,91236.561.99$7,789
Mar 201604,13433.011.79$7,416
Feb 201603,96226.472.06$8,176
Jan 201604,03827.352.36$9,547
Dec 201503,76032.362.00$7,525
Nov 201503,76838.792.17$8,167
Oct 201503,50043.552.43$8,493
Sep 201504,05942.992.76$11,196
Aug 201505,24540.162.87$15,066
Jul 201505,15248.152.95$15,173
Jun 201505,17056.152.88$14,904
May 201505,61555.212.96$16,595
Apr 201505,17949.822.71$14,017
Mar 201503,85842.892.93$11,322
Feb 201503,69244.662.98$10,988
Jan 201504,01843.433.10$12,458
Dec 201404,36854.693.59$15,687
Nov 201404,67670.464.25$19,882
Oct 201405,09978.303.90$19,891
Sep 201407,25586.164.05$29,350
Aug 201409,59789.394.04$38,725
Jul 2014010,27196.564.18$42,929
Jun 201409,90598.164.74$46,919
May 201409,18194.734.73$43,395
Apr 201406,96895.944.81$33,510
Mar 2014010,13195.895.06$51,230
Feb 201408,14497.406.19$50,428
Jan 201407,79990.404.86$37,909
Dec 201304,08491.824.35$17,784
Nov 201308,57988.853.74$32,071
Oct 201308,80797.423.78$33,285
Sep 201308,951104.113.72$33,277
Aug 201307,945104.253.52$27,987
Jul 201306,284102.523.72$23,362
Jun 201306,34694.403.93$24,961
May 201305,29194.834.15$21,953
Apr 201304,28093.964.28$18,329
Mar 201306,44893.623.91$25,230
Feb 201307,86291.233.42$26,887
Jan 201305,11091.603.42$17,476
Dec 201209,45286.773.42$32,327
Nov 2012010,17886.953.62$36,895
Oct 201209,69089.383.40$32,943
Sep 201206,19494.672.92$18,077
Aug 201208,18292.662.91$23,795
Jul 201209,31185.133.02$28,127
Jun 201208,72979.822.52$21,989
May 201208,56091.612.49$21,300
Apr 201208,331101.652.00$16,635
Mar 201202,643105.052.22$5,873
Feb 20120287101.102.57$738
Jan 201201,13698.092.73$3,106
Dec 201101,52696.873.24$4,944
Nov 201106,53595.723.31$21,639
Oct 201109,04084.983.65$32,983
Sep 201106,08383.623.99$24,246
Aug 2011093883.404.15$3,892
Jul 20110094.144.52$0
Jun 2011012192.904.64$561
May 201102,86298.134.40$12,607
Apr 201102,519105.964.33$10,916
Mar 201105,85496.364.06$23,752
Feb 201104,46785.644.18$18,672
Jan 201108,74086.504.59$40,106
Dec 201003,27985.734.35$14,256
Nov 201006,59180.843.80$25,015
Oct 2010010,62378.103.51$37,275
Sep 2010011,05072.633.98$43,973
Aug 2010011,76073.684.42$51,972
Jul 201008,47772.554.74$40,151
Jun 2010010,57670.364.91$51,932
May 201009,31671.124.24$39,455
Apr 2010014,72881.694.12$60,719
Mar 2010015,02978.394.39$65,957
Feb 201008,18273.585.44$44,529
Jan 2010015,62474.365.96$93,183
Dec 2009017,90571.445.48$98,187
Nov 2009016,32574.593.75$61,243
Oct 2009010,92272.544.11$44,892
Sep 2009013,72165.543.06$42,051
Aug 2009019,94967.423.22$64,206
Jul 2009020,58761.133.46$71,324
Jun 2009020,48966.163.90$79,805
May 2009020,36154.743.93$79,932
Apr 2009021,09746.773.59$75,685
Mar 2009022,40442.144.06$90,938
Feb 2009020,34132.814.63$94,240
Jan 2009026,75835.865.37$143,717
Dec 2008028,87237.105.98$172,572
Nov 2008033,00455.496.86$226,419
Oct 2008034,93775.246.92$241,833
Sep 2008031,370101.767.88$247,104
Aug 2008025,848114.228.48$219,269
Jul 2008031,281131.0811.39$356,273
Jun 2008019,667131.3313.03$256,313
May 2008038,368123.1711.57$444,082
Apr 2008044,212110.3110.45$462,230
Mar 2008044,767101.909.66$432,631
Feb 2008043,22692.538.77$379,117
Jan 2008047,24890.388.21$387,704
Dec 2007051,50588.337.30$376,088
Nov 2007056,01591.677.29$408,445
Oct 2007065,95282.856.92$456,518
Sep 2007073,10375.846.24$456,467
Aug 20070107,95769.066.39$689,623
Jul 20070130,94970.906.39$836,494
Jun 20070162,61362.007.55$1,227,476
May 2007013,39458.747.85$105,093

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.

Nov 2019 — as filed, then multipliedworked
Condensate             0 bbl  × $ 55.30 =         $0
Gas                   24 Mcf  × $  2.75 =        $66

────────────────────────────────────────────────────
Month total                                      $66

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/231487 is the state's own key, not one this site invented.