LARKIN UNIT

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 231753District 09Field 65280200CondensateGasSaveExport
Value, all time
$2.4 M
Jul 2007 – Aug 2018
Value, last 12 filed months
$0
at the published price for each month
Months reported
134
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
CondensateDisposition1,734 bbl$145,531
GasProduction436,017 Mcf$2,243,140
Total$2,388,671

Every month this lease reported (134)

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

134 months

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 20170043.873.09$0
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 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 2015010142.992.76$279
Aug 2015012040.162.87$345
Jul 201509448.152.95$277
Jun 201504356.152.88$124
May 201506955.212.96$204
Apr 201506949.822.71$187
Mar 20150042.892.93$0
Feb 20150444.662.98$12
Jan 201502143.433.10$65
Dec 2014015954.693.59$571
Nov 201401,55970.464.25$6,629
Oct 201401,77478.303.90$6,920
Sep 201401,82286.164.05$7,371
Aug 201402,85989.394.04$11,536
Jul 201402,73796.564.18$11,440
Jun 201403,00798.164.74$14,244
May 20141933,35194.734.73$34,122
Apr 201403,23795.944.81$15,567
Mar 201403,38495.895.06$17,112
Feb 201403,20997.406.19$19,870
Jan 201403,32390.404.86$16,152
Dec 201303,40991.824.35$14,844
Nov 201303,75088.853.74$14,019
Oct 201303,69997.423.78$13,980
Sep 201303,256104.113.72$12,105
Aug 20131812,879104.253.52$29,011
Jul 201303,140102.523.72$11,674
Jun 201302,84294.403.93$11,179
May 201303,91694.834.15$16,248
Apr 201303,95193.964.28$16,921
Mar 201303,29693.623.91$12,897
Feb 201303,58191.233.42$12,247
Jan 201303,45591.603.42$11,816
Dec 20121952,82986.773.42$26,596
Nov 201202,83586.953.62$10,277
Oct 201203,30789.383.40$11,243
Sep 201204,07594.672.92$11,892
Aug 20121934,25592.662.91$30,258
Jul 201203,98285.133.02$12,029
Jun 201203,88579.822.52$9,786
May 20121964,01891.612.49$27,954
Apr 201204,089101.652.00$8,165
Mar 201204,266105.052.22$9,479
Feb 201203,993101.102.57$10,263
Jan 201204,09398.092.73$11,191
Dec 201104,65096.873.24$15,065
Nov 201104,51495.723.31$14,947
Oct 201105,07984.983.65$18,531
Sep 201104,74083.623.99$18,893
Aug 201105,34583.404.15$22,178
Jul 201106,23294.144.52$28,151
Jun 20111885,55992.904.64$43,258
May 201106,20998.134.40$27,350
Apr 201105,833105.964.33$25,276
Mar 201106,20596.364.06$25,176
Feb 201102,71385.644.18$11,340
Jan 201103,68386.504.59$16,900
Dec 201004,23085.734.35$18,391
Nov 201004,47780.843.80$16,992
Oct 20101984,73678.103.51$32,082
Sep 201004,67572.633.98$18,604
Aug 201004,84373.684.42$21,403
Jul 201005,49672.554.74$26,032
Jun 201005,39470.364.91$26,487
May 201005,97871.124.24$25,318
Apr 201006,26681.694.12$25,833
Mar 201006,67978.394.39$29,312
Feb 201006,13073.585.44$33,362
Jan 201007,01174.365.96$41,814
Dec 200906,87971.445.48$37,723
Nov 20091937,23874.593.75$41,549
Oct 200907,76872.544.11$31,928
Sep 200907,76165.543.06$23,786
Aug 200908,10467.423.22$26,083
Jul 200908,56861.133.46$29,684
Jun 200908,58066.163.90$33,419
May 200909,32454.743.93$36,604
Apr 200909,47446.773.59$33,988
Mar 20091969,45342.144.06$46,629
Feb 200909,33232.814.63$43,235
Jan 2009110,75435.865.37$57,796
Dec 2008010,25437.105.98$61,290
Nov 20080055.496.86$0
Oct 2008015,12875.246.92$104,716
Sep 2008010,535101.767.88$82,985
Aug 2008012,877114.228.48$109,236
Jul 2008014,446131.0811.39$164,532
Jun 2008021,209131.3313.03$276,409
May 200803,913123.1711.57$45,290
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$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.

Sep 2015 — as filed, then multipliedworked
Condensate             0 bbl  × $ 42.99 =         $0
Gas                  101 Mcf  × $  2.76 =       $279

────────────────────────────────────────────────────
Month total                                     $279

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/231753 is the state's own key, not one this site invented.