QUICKSHOT

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 233922District 09Field 65280200CondensateGasSaveExport
Value, all time
$1.5 M
Mar 2006 – Aug 2018
Value, last 12 filed months
$0
at the published price for each month
Months reported
150
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
CondensateDisposition4 bbl$227
GasProduction251,399 Mcf$1,527,558
Total$1,527,785

Every month this lease reported (150)

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

150 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 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
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 20130091.603.42$0
Dec 20120086.773.42$0
Nov 201208186.953.62$294
Oct 20120089.383.40$0
Sep 2012021294.672.92$619
Aug 2012067792.662.91$1,969
Jul 2012069885.133.02$2,109
Jun 201201,04779.822.52$2,637
May 201201,06691.612.49$2,653
Apr 201201,417101.652.00$2,829
Mar 201201,523105.052.22$3,384
Feb 201201,659101.102.57$4,264
Jan 201201,93698.092.73$5,293
Dec 201101,51596.873.24$4,908
Nov 201101,09195.723.31$3,613
Oct 201102,37484.983.65$8,662
Sep 201101,83283.623.99$7,302
Aug 201101,57683.404.15$6,539
Jul 201101,99394.144.52$9,003
Jun 201103,89092.904.64$18,049
May 201105,64698.134.40$24,870
Apr 201106,056105.964.33$26,242
Mar 201108,33896.364.06$33,830
Feb 201102,27085.644.18$9,489
Jan 2011088786.504.59$4,070
Dec 201001,62985.734.35$7,082
Nov 20100080.843.80$0
Oct 2010035278.103.51$1,235
Sep 2010022072.633.98$875
Aug 20100873.684.42$35
Jul 201001,04572.554.74$4,950
Jun 201001,10170.364.91$5,406
May 201003,13571.124.24$13,277
Apr 201003,12281.694.12$12,871
Mar 201003,55578.394.39$15,602
Feb 201003,31073.585.44$18,014
Jan 201002,71574.365.96$16,193
Dec 200901,89171.445.48$10,370
Nov 200902,29174.593.75$8,595
Oct 200903,50572.544.11$14,406
Sep 200903,51365.543.06$10,766
Aug 200904,03567.423.22$12,987
Jul 200904,92361.133.46$17,056
Jun 200903,15666.163.90$12,293
May 200903,24054.743.93$12,719
Apr 200902,53646.773.59$9,098
Mar 200902,22742.144.06$9,039
Feb 200902,39132.814.63$11,078
Jan 200903,19535.865.37$17,160
Dec 200803,32137.105.98$19,850
Nov 200803,23255.496.86$22,173
Oct 200804,38775.246.92$30,367
Sep 200803,482101.767.88$27,428
Aug 200805,598114.228.48$47,488
Jul 200806,210131.0811.39$70,728
Jun 200803,790131.3313.03$49,394
May 200800123.1711.57$0
Apr 200801,612110.3110.45$16,853
Mar 200805,869101.909.66$56,718
Feb 200802,83892.538.77$24,891
Jan 200801,84290.388.21$15,115
Dec 2007021488.337.30$1,563
Nov 200701,06991.677.29$7,795
Oct 20070082.856.92$0
Sep 200701,43075.846.24$8,929
Aug 200701,22369.066.39$7,812
Jul 200702,16670.906.39$13,836
Jun 2007044562.007.55$3,359
May 2007070858.747.85$5,555
Apr 200712,97559.617.81$23,280
Mar 200715,62756.927.30$41,145
Feb 200724,75855.108.22$39,202
Jan 200705,69950.306.73$38,336
Dec 200605,21256.656.92$36,059
Nov 200604,85854.207.62$37,006
Oct 200605,80454.906.01$34,904
Sep 200601,12860.085.04$5,682
Aug 200606,34868.717.34$46,594
Jul 200607,76569.376.34$49,252
Jun 200608,57066.286.38$54,710
May 2006010,43266.016.42$67,026
Apr 2006011,99864.397.36$88,311
Mar 2006015,91056.707.08$112,689

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.

Nov 2012 — as filed, then multipliedworked
Condensate             0 bbl  × $ 86.95 =         $0
Gas                   81 Mcf  × $  3.62 =       $294

────────────────────────────────────────────────────
Month total                                     $294

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/233922 is the state's own key, not one this site invented.