HONKIN ONKEN

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 232322District 09Field 65280200CondensateGasSaveExport
Value, all time
$2.2 M
Feb 2007 – May 2015
Value, last 12 filed months
$0
at the published price for each month
Months reported
100
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
CondensateDisposition5 bbl$446
GasProduction293,379 Mcf$2,248,093
Total$2,248,539

Every month this lease reported (100)

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

100 months

May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130191.603.42$3
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120289.383.40$7
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120285.133.02$6
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 20110283.404.15$8
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 201121,66485.644.18$7,127
Jan 201103,20986.504.59$14,725
Dec 20100085.734.35$0
Nov 201007,37080.843.80$27,972
Oct 201006,46078.103.51$22,667
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 2010096074.365.96$5,726
Dec 200903,52071.445.48$19,303
Nov 20090074.593.75$0
Oct 200902,60972.544.11$10,724
Sep 20090065.543.06$0
Aug 200901,56767.423.22$5,043
Jul 2009073461.133.46$2,543
Jun 200903,41166.163.90$13,286
May 200901,55154.743.93$6,089
Apr 200903,12246.773.59$11,200
Mar 20090042.144.06$0
Feb 200905,72632.814.63$26,529
Jan 20090035.865.37$0
Dec 200806,19037.105.98$36,999
Nov 2008014,25655.496.86$97,801
Oct 2008019,97875.246.92$138,287
Sep 2008022,249101.767.88$175,257
Aug 200802,862114.228.48$24,278
Jul 2008022,838131.0811.39$260,112
Jun 2008017,111131.3313.03$223,001
May 2008014,401123.1711.57$166,681
Apr 2008010,689110.3110.45$111,752
Mar 200806,095101.909.66$58,903
Feb 20080092.538.77$0
Jan 200805,33090.388.21$43,737
Dec 2007011,64588.337.30$85,031
Nov 200732,01191.677.29$14,939
Oct 20070082.856.92$0
Sep 2007021,46075.846.24$134,000
Aug 2007026,79869.066.39$171,184
Jul 2007024,68870.906.39$157,705
Jun 2007011,80062.007.55$89,072
May 2007011,06858.747.85$86,843
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$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.

Jan 2013 — as filed, then multipliedworked
Condensate             0 bbl  × $ 91.60 =         $0
Gas                    1 Mcf  × $  3.42 =         $3

────────────────────────────────────────────────────
Month total                                       $3

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/232322 is the state's own key, not one this site invented.