HUNTER FERRELL 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 232132District 09Field 65280200GasSaveExport
Value, all time
$1.6 M
Jul 2007 – Jan 2014
Value, last 12 filed months
$0
at the published price for each month
Months reported
79
no gaps in the span
Streams
1
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
GasProduction284,692 Mcf$1,644,970
Total$1,644,970

Every month this lease reported (79)

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

79 months

Jan 2014090.404.86$0
Dec 2013091.824.35$0
Nov 2013088.853.74$0
Oct 2013097.423.78$0
Sep 20130104.113.72$0
Aug 20130104.253.52$0
Jul 20130102.523.72$0
Jun 2013094.403.93$0
May 2013094.834.15$0
Apr 2013093.964.28$0
Mar 2013093.623.91$0
Feb 2013091.233.42$0
Jan 2013091.603.42$0
Dec 2012086.773.42$0
Nov 2012086.953.62$0
Oct 2012089.383.40$0
Sep 2012094.672.92$0
Aug 2012092.662.91$0
Jul 2012085.133.02$0
Jun 2012079.822.52$0
May 2012091.612.49$0
Apr 20120101.652.00$0
Mar 20120105.052.22$0
Feb 20120101.102.57$0
Jan 2012098.092.73$0
Dec 2011096.873.24$0
Nov 2011095.723.31$0
Oct 2011084.983.65$0
Sep 2011083.623.99$0
Aug 2011083.404.15$0
Jul 20114894.144.52$217
Jun 2011092.904.64$0
May 2011098.134.40$0
Apr 20110105.964.33$0
Mar 2011096.364.06$0
Feb 201180585.644.18$3,365
Jan 20111,81386.504.59$8,319
Dec 201015,26385.734.35$66,360
Nov 20101,67380.843.80$6,350
Oct 20102,01378.103.51$7,063
Sep 20102,14572.633.98$8,536
Aug 20102,17273.684.42$9,599
Jul 20101,57872.554.74$7,474
Jun 20102,27770.364.91$11,181
May 20103,27971.124.24$13,887
Apr 20103,52081.694.12$14,512
Mar 20103,76678.394.39$16,528
Feb 20103,25673.585.44$17,720
Jan 20103,14974.365.96$18,781
Dec 20093,81971.445.48$20,942
Nov 20094,93174.593.75$18,499
Oct 20095,51572.544.11$22,668
Sep 20095,46865.543.06$16,758
Aug 20095,38667.423.22$17,335
Jul 20095,42061.133.46$18,778
Jun 20096,79366.163.90$26,459
May 20097,42054.743.93$29,129
Apr 20098,21046.773.59$29,453
Mar 20099,48942.144.06$38,516
Feb 20099,31432.814.63$43,152
Jan 200911,87835.865.37$63,797
Dec 20083,93737.105.98$23,532
Nov 2008055.496.86$0
Oct 2008075.246.92$0
Sep 200818101.767.88$142
Aug 20080114.228.48$0
Jul 20080131.0811.39$0
Jun 2008154131.3313.03$2,007
May 20081,027123.1711.57$11,887
Apr 20082,976110.3110.45$31,114
Mar 20086,790101.909.66$65,619
Feb 20087,49092.538.77$65,692
Jan 20089,36590.388.21$76,847
Dec 200711,51388.337.30$84,068
Nov 200714,25691.677.29$103,950
Oct 200718,06782.856.92$125,059
Sep 200721,20075.846.24$132,376
Aug 200726,74869.066.39$170,865
Jul 200730,75170.906.39$196,436

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 2011 — as filed, then multipliedworked
Gas                   48 Mcf  × $  4.52 =       $217

────────────────────────────────────────────────────
Month total                                     $217

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/232132 is the state's own key, not one this site invented.