LEONARD

Operated by BEDROCK PRODUCTION, LLC (P-5 61620) 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 231593District 09Field 65280200CondensateGasSaveExport
Value, all time
$5.1 M
May 2006 – Aug 2019
Value, last 12 filed months
$0
at the published price for each month
Months reported
160
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
CondensateDisposition72 bbl$5,657
GasProduction927,530 Mcf$5,141,010
Total$5,146,667

Every month this lease reported (160)

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

160 months

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 201808560.183.08$262
May 2018062765.382.90$1,819
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 201701,22645.373.00$3,683
Jul 20170043.873.09$0
Jun 2017014242.493.09$438
May 2017098245.373.26$3,205
Apr 20170047.933.21$0
Mar 201703,06046.772.98$9,130
Feb 2017020450.452.95$602
Jan 2017090849.413.42$3,104
Dec 201602,66648.763.72$9,925
Nov 201602,59942.492.64$6,873
Oct 201603,18346.193.09$9,836
Sep 201602,34141.553.10$7,259
Aug 201603,81341.442.92$11,151
Jul 201604,65341.622.92$13,607
Jun 201605,23745.352.69$14,066
May 201605,54242.521.99$11,034
Apr 201605,64036.561.99$11,229
Mar 201605,70233.011.79$10,229
Feb 201606,54126.472.06$13,498
Jan 2016093527.352.36$2,211
Dec 2015043532.362.00$871
Nov 201501,26738.792.17$2,746
Oct 201501,67543.552.43$4,065
Sep 201502,53842.992.76$7,001
Aug 201504,48840.162.87$12,892
Jul 201504,37648.152.95$12,888
Jun 201504,63656.152.88$13,365
May 201504,50755.212.96$13,320
Apr 201503,18649.822.71$8,623
Mar 201503,32442.892.93$9,755
Feb 201505,34044.662.98$15,893
Jan 201507,09743.433.10$22,005
Dec 201408,11654.693.59$29,147
Nov 201407,75270.464.25$32,960
Oct 201407,49478.303.90$29,234
Sep 201406,69386.164.05$27,076
Aug 201406,12689.394.04$24,719
Jul 201404,52796.564.18$18,921
Jun 201405,53898.164.74$26,233
May 201408,72494.734.73$41,235
Apr 201408,34595.944.81$40,132
Mar 201407,85295.895.06$39,706
Feb 201406,97997.406.19$43,214
Jan 201408,26890.404.86$40,188
Dec 201306,84591.824.35$29,806
Nov 201306,61588.853.74$24,729
Oct 201306,68797.423.78$25,273
Sep 201303,660104.113.72$13,607
Aug 201305,274104.253.52$18,578
Jul 201305,335102.523.72$19,834
Jun 201305,55294.403.93$21,838
May 201306,35894.834.15$26,380
Apr 201306,45393.964.28$27,636
Mar 201306,01593.623.91$23,536
Feb 201305,40291.233.42$18,474
Jan 201305,36191.603.42$18,334
Dec 201204,52986.773.42$15,490
Nov 201204,53486.953.62$16,436
Oct 201204,83389.383.40$16,431
Sep 201203,91094.672.92$11,411
Aug 201204,73292.662.91$13,761
Jul 201205,06185.133.02$15,288
Jun 201204,87379.822.52$12,275
May 201203,13491.612.49$7,798
Apr 201202,020101.652.00$4,034
Mar 201202,623105.052.22$5,829
Feb 201202,237101.102.57$5,750
Jan 201203,58998.092.73$9,813
Dec 201104,48396.873.24$14,524
Nov 201105,26395.723.31$17,427
Oct 201106,09684.983.65$22,242
Sep 201105,98383.623.99$23,847
Aug 201125,70083.404.15$23,818
Jul 201105,63094.144.52$25,432
Jun 201104,71092.904.64$21,854
May 201104,86898.134.40$21,443
Apr 201104,982105.964.33$21,588
Mar 201104,89896.364.06$19,873
Feb 201104,63685.644.18$19,378
Jan 201105,82586.504.59$26,730
Dec 201014,78285.734.35$20,877
Nov 201005,51780.843.80$20,939
Oct 201015,97378.103.51$21,037
Sep 201006,02072.633.98$23,956
Aug 201006,06073.684.42$26,781
Jul 201007,23372.554.74$34,259
Jun 201018,83770.364.91$43,464
May 201017,59371.124.24$32,229
Apr 201008,31081.694.12$34,260
Mar 201006,45478.394.39$28,324
Feb 201007,25273.585.44$39,468
Jan 201006,07674.365.96$36,238
Dec 200903,45371.445.48$18,935
Nov 200903,81174.593.75$14,297
Oct 200907,43072.544.11$30,539
Sep 200907,44665.543.06$22,820
Aug 200909,15467.423.22$29,462
Jul 200906,41761.133.46$22,232
Jun 200906,97066.163.90$27,148
May 200907,13454.743.93$28,006
Apr 200906,56546.773.59$23,552
Mar 200907,78742.144.06$31,607
Feb 200906,56032.814.63$30,392
Jan 200905,78635.865.37$31,077
Dec 200807,37737.105.98$44,093
Nov 200806,35755.496.86$43,611
Oct 200806,75175.246.92$46,730
Sep 200807,768101.767.88$61,189
Aug 200808,912114.228.48$75,601
Jul 200808,760131.0811.39$99,771
Jun 2008010,162131.3313.03$132,438
May 2008012,483123.1711.57$144,482
Apr 2008011,642110.3110.45$121,715
Mar 2008412,113101.909.66$117,468
Feb 20081811,88292.538.77$105,878
Jan 2008011,89590.388.21$97,607
Dec 2007612,78188.337.30$93,856
Nov 2007011,75891.677.29$85,736
Oct 20071615,72282.856.92$110,153
Sep 2007013,67175.846.24$85,364
Aug 2007116,82969.066.39$107,572
Jul 2007021,00870.906.39$134,198
Jun 2007020,23062.007.55$152,705
May 2007022,33858.747.85$175,270
Apr 2007922,62659.617.81$177,137
Mar 2007217,53756.927.30$128,168
Feb 2007421,44255.108.22$176,388
Jan 2007310,23950.306.73$69,027
Dec 2006121,13056.656.92$146,243
Nov 2006222,52854.207.62$171,715
Oct 2006026,14754.906.01$157,243
Sep 20060060.085.04$0
Aug 2006012,74768.717.34$93,562
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$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.

Jun 2018 — as filed, then multipliedworked
Condensate             0 bbl  × $ 60.18 =         $0
Gas                   85 Mcf  × $  3.08 =       $262

────────────────────────────────────────────────────
Month total                                     $262

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/231593 is the state's own key, not one this site invented.