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 231529District 09Field 65280200CondensateGasSaveExport
Value, all time
$3.2 M
Jan 2007 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
233
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
CondensateDisposition202 bbl$18,905
GasProduction554,176 Mcf$3,211,776
Total$3,230,681

Every month this lease reported (233)

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

233 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 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 201711043.873.09$483
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 2016035327.352.36$835
Dec 201501,49132.362.00$2,984
Nov 201501,37738.792.17$2,984
Oct 201501,37543.552.43$3,337
Sep 201502,99042.992.76$8,248
Aug 201501,51440.162.87$4,349
Jul 2015040148.152.95$1,181
Jun 20150856.152.88$23
May 20150855.212.96$24
Apr 20150949.822.71$24
Mar 201501,78142.892.93$5,227
Feb 201501,98044.662.98$5,893
Jan 201502,62843.433.10$8,148
Dec 2014093354.693.59$3,351
Nov 2014044170.464.25$1,875
Oct 201401,52078.303.90$5,929
Sep 201402,69986.164.05$10,919
Aug 201402,51189.394.04$10,132
Jul 2014062196.564.18$2,596
Jun 2014062198.164.74$2,942
May 201401,04394.734.73$4,930
Apr 2014371,63595.944.81$11,413
Mar 201401,15095.895.06$5,815
Feb 2014024697.406.19$1,523
Jan 201402,28490.404.86$11,102
Dec 201302,84691.824.35$12,393
Nov 201302,05788.853.74$7,690
Oct 201301,29297.423.78$4,883
Sep 201301,112104.113.72$4,134
Aug 201301,491104.253.52$5,252
Jul 20130961102.523.72$3,573
Jun 2013096394.403.93$3,788
May 201301,67194.834.15$6,933
Apr 201302,48293.964.28$10,629
Mar 201302,10093.623.91$8,217
Feb 201302,24991.233.42$7,691
Jan 201303,23491.603.42$11,060
Dec 201204,75186.773.42$16,249
Nov 2012082386.953.62$2,983
Oct 2012231,43089.383.40$6,917
Sep 201202,42194.672.92$7,065
Aug 201202,81892.662.91$8,195
Jul 201202,23385.133.02$6,745
Jun 201223,42279.822.52$8,780
May 201202,89391.612.49$7,199
Apr 20120864101.652.00$1,725
Mar 201214,084105.052.22$9,180
Feb 2012492,593101.102.57$11,619
Jan 201203,46098.092.73$9,460
Dec 201103,66896.873.24$11,883
Nov 201103,38495.723.31$11,205
Oct 201103,92384.983.65$14,313
Sep 201102,28483.623.99$9,104
Aug 2011071283.404.15$2,954
Jul 2011974394.144.52$4,204
Jun 201104,18292.904.64$19,404
May 201102,62698.134.40$11,567
Apr 201105,693105.964.33$24,669
Mar 201107,37796.364.06$29,931
Feb 201107,43585.644.18$31,078
Jan 201127,77386.504.59$35,842
Dec 201006,94185.734.35$30,178
Nov 201005,70180.843.80$21,637
Oct 201005,73578.103.51$20,123
Sep 201006,19172.633.98$24,637
Aug 2010136,87173.684.42$31,323
Jul 201006,68172.554.74$31,644
Jun 201006,59270.364.91$32,369
May 201006,88571.124.24$29,159
Apr 201007,00581.694.12$28,879
Mar 201006,82378.394.39$29,944
Feb 201006,91473.585.44$37,628
Jan 201007,41874.365.96$44,242
Dec 200906,93771.445.48$38,041
Nov 200906,79274.593.75$25,480
Oct 200906,75072.544.11$27,744
Sep 200905,04365.543.06$15,456
Aug 2009107,75367.423.22$25,627
Jul 200906,86261.133.46$23,773
Jun 200907,25766.163.90$28,266
May 200998,95754.743.93$35,656
Apr 200905,75246.773.59$20,635
Mar 200906,67342.144.06$27,086
Feb 200907,78232.814.63$36,054
Jan 200907,34535.865.37$39,450
Dec 200807,14237.105.98$42,689
Nov 200817,38455.496.86$50,712
Oct 200808,09775.246.92$56,047
Sep 200807,545101.767.88$59,433
Aug 200828,369114.228.48$71,223
Jul 200808,779131.0811.39$99,988
Jun 2008168,070131.3313.03$107,275
May 2008157,303123.1711.57$86,375
Apr 2008210,285110.3110.45$107,749
Mar 200809,618101.909.66$92,949
Feb 200807,77292.538.77$68,165
Jan 200805,17590.388.21$42,465
Dec 2007015,64588.337.30$114,239
Nov 2007019,41191.677.29$141,539
Oct 2007018,02382.856.92$124,755
Sep 2007015,14075.846.24$94,537
Aug 2007016,60169.066.39$106,046
Jul 2007016,78470.906.39$107,215
Jun 2007014,52462.007.55$109,634
May 2007019,58958.747.85$153,701
Apr 2007023,59159.617.81$184,132
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0

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.

Jul 2017 — as filed, then multipliedworked
Condensate            11 bbl  × $ 43.87 =       $483
Gas                    0 Mcf  × $  3.09 =         $0

────────────────────────────────────────────────────
Month total                                     $483

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/231529 is the state's own key, not one this site invented.