ANDREWS

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 231740District 09Field 65280200CondensateGasSaveExport
Value, all time
$1.4 M
Jun 2007 – Nov 2018
Value, last 12 filed months
$43 k
at the published price for each month
Months reported
138
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
CondensateDisposition605 bbl$47,699
GasProduction317,294 Mcf$1,387,231
Total$1,434,930

Every month this lease reported (138)

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

138 months

Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 201839059.543.11$2,322
Aug 2018022459.403.07$687
Jul 2018081565.142.93$2,389
Jun 201801,24360.183.08$3,825
May 201801,88265.382.90$5,459
Apr 201801,93263.842.90$5,604
Mar 201801,55761.222.79$4,339
Feb 201801,26361.782.77$3,494
Jan 201801,48662.874.01$5,958
Dec 2017512,01557.272.92$8,808
Nov 201701,50555.423.12$4,693
Oct 201702,14549.292.98$6,400
Sep 201701,78347.523.09$5,505
Aug 201702,08145.373.00$6,252
Jul 201702,14943.873.09$6,635
Jun 201702,17242.493.09$6,706
May 201702,12145.373.26$6,922
Apr 2017581,98847.933.21$9,165
Mar 201701,80146.772.98$5,374
Feb 201701,61550.452.95$4,768
Jan 201701,66749.413.42$5,699
Dec 201601,78448.763.72$6,642
Nov 201601,85842.492.64$4,913
Oct 201601,79246.193.09$5,538
Sep 201601,80841.553.10$5,606
Aug 201601,86341.442.92$5,448
Jul 201601,78641.622.92$5,223
Jun 201602,17845.352.69$5,850
May 201602,06142.521.99$4,104
Apr 201602,02136.561.99$4,024
Mar 201601,91833.011.79$3,441
Feb 201602,16626.472.06$4,470
Jan 201601,98627.352.36$4,696
Dec 201502,14432.362.00$4,291
Nov 201502,12238.792.17$4,599
Oct 201502,26543.552.43$5,496
Sep 201502,24442.992.76$6,190
Aug 201502,21240.162.87$6,354
Jul 201502,50048.152.95$7,363
Jun 201502,35456.152.88$6,786
May 201502,16955.212.96$6,410
Apr 201502,21849.822.71$6,003
Mar 201502,13542.892.93$6,266
Feb 201501,95644.662.98$5,821
Jan 201502,13143.433.10$6,607
Dec 201402,31054.693.59$8,296
Nov 201402,33470.464.25$9,924
Oct 201402,39578.303.90$9,343
Sep 201402,43686.164.05$9,855
Aug 201402,51589.394.04$10,148
Jul 201402,49896.564.18$10,441
Jun 201402,42698.164.74$11,492
May 2014172,67994.734.73$14,273
Apr 201402,68895.944.81$12,927
Mar 201402,76795.895.06$13,992
Feb 201402,38097.406.19$14,737
Jan 201402,98890.404.86$14,524
Dec 201302,70391.824.35$11,770
Nov 201301,91688.853.74$7,163
Oct 201302,87997.423.78$10,881
Sep 201302,371104.113.72$8,815
Aug 201302,865104.253.52$10,092
Jul 20131123,067102.523.72$22,885
Jun 201302,65694.403.93$10,447
May 201303,13594.834.15$13,007
Apr 201302,69593.964.28$11,542
Mar 201303,28893.623.91$12,866
Feb 201302,64291.233.42$9,035
Jan 201313,23791.603.42$11,162
Dec 201202,22886.773.42$7,620
Nov 201202,91686.953.62$10,570
Oct 201203,05589.383.40$10,386
Sep 201203,21694.672.92$9,386
Aug 201204,73792.662.91$13,776
Jul 201203,51285.133.02$10,609
Jun 201203,59079.822.52$9,043
May 201203,70091.612.49$9,207
Apr 201203,711101.652.00$7,410
Mar 201204,642105.052.22$10,315
Feb 201201,785101.102.57$4,588
Jan 201202,98698.092.73$8,164
Dec 201102,57996.873.24$8,355
Nov 201102,73695.723.31$9,060
Oct 201103,35184.983.65$12,226
Sep 201101,58783.623.99$6,325
Aug 201102,81083.404.15$11,660
Jul 201102,22494.144.52$10,046
Jun 2011039492.904.64$1,828
May 2011011298.134.40$493
Apr 201102105.964.33$9
Mar 20110596.364.06$20
Feb 20110685.644.18$25
Jan 201101386.504.59$60
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 201009673.684.42$424
Jul 20100072.554.74$0
Jun 201006070.364.91$295
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 200902374.593.75$86
Oct 200904372.544.11$177
Sep 20090165.543.06$3
Aug 20091472,97067.423.22$19,470
Jul 200925,03461.133.46$17,563
Jun 2009046566.163.90$1,811
May 2009073254.743.93$2,874
Apr 200904,92446.773.59$17,665
Mar 200906,34842.144.06$25,767
Feb 200902,19232.814.63$10,156
Jan 200905,15235.865.37$27,671
Dec 200806,00037.105.98$35,863
Nov 200807,45555.496.86$51,144
Oct 2008010,78275.246.92$74,633
Sep 200806,821101.767.88$53,730
Aug 2008082114.228.48$696
Jul 200802,258131.0811.39$25,717
Jun 2008062131.3313.03$808
May 20080209123.1711.57$2,419
Apr 2008046110.3110.45$481
Mar 200800101.909.66$0
Feb 20081756592.538.77$16,763
Jan 2008030890.388.21$2,527
Dec 2007026688.337.30$1,942
Nov 2007219791.677.29$1,620
Oct 200712,16882.856.92$15,090
Sep 200707,82775.846.24$48,873
Aug 2007017,16869.066.39$109,668
Jul 200709,54170.906.39$60,947
Jun 2007015,11762.007.55$114,110

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.

Sep 2018 — as filed, then multipliedworked
Condensate            39 bbl  × $ 59.54 =     $2,322
Gas                    0 Mcf  × $  3.11 =         $0

────────────────────────────────────────────────────
Month total                                   $2,322

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/231740 is the state's own key, not one this site invented.