ATWOOD

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 232062District 09Field 65280200CondensateGasSaveExport
Value, all time
$1.5 M
Aug 2007 – Aug 2012
Value, last 12 filed months
$0
at the published price for each month
Months reported
61
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
CondensateDisposition17 bbl$1,316
GasProduction197,525 Mcf$1,452,217
Total$1,453,533

Every month this lease reported (61)

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

61 months

Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 2011041092.904.64$1,902
May 201102,92998.134.40$12,902
Apr 201111,744105.964.33$7,663
Mar 2011168796.364.06$2,884
Feb 201113,12485.644.18$13,144
Jan 2011062186.504.59$2,850
Dec 201003385.734.35$143
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 2010484272.633.98$3,641
Aug 201001,46973.684.42$6,492
Jul 201001,62072.554.74$7,673
Jun 201001,69170.364.91$8,303
May 201012,51471.124.24$10,718
Apr 201042,31481.694.12$9,867
Mar 201002,28978.394.39$10,046
Feb 201002,05373.585.44$11,173
Jan 201002,78174.365.96$16,586
Dec 200923,15271.445.48$17,428
Nov 200903,47274.593.75$13,025
Oct 200903,69772.544.11$15,196
Sep 200933,69865.543.06$11,530
Aug 200903,82867.423.22$12,320
Jul 200904,10661.133.46$14,225
Jun 200904,24166.163.90$16,519
May 200904,72554.743.93$18,549
Apr 200905,08046.773.59$18,225
Mar 200904,71042.144.06$19,118
Feb 200903,88232.814.63$17,985
Jan 200905,50235.865.37$29,551
Dec 200805,81837.105.98$34,775
Nov 200805,79155.496.86$39,728
Oct 200805,98275.246.92$41,407
Sep 200805,902101.767.88$46,491
Aug 200806,618114.228.48$56,141
Jul 200808,033131.0811.39$91,491
Jun 200809,167131.3313.03$119,470
May 2008010,713123.1711.57$123,995
Apr 2008011,654110.3110.45$121,841
Mar 2008014,986101.909.66$144,826
Feb 2008019,82792.538.77$173,894
Jan 2008015,82090.388.21$129,815
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

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 2011 — as filed, then multipliedworked
Condensate             0 bbl  × $ 92.90 =         $0
Gas                  410 Mcf  × $  4.64 =     $1,902

────────────────────────────────────────────────────
Month total                                   $1,902

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/232062 is the state's own key, not one this site invented.