COALSON

Operated by OAKRIDGE OIL AND GAS, LP (P-5 617342) 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 234513District 09Field 65280200CondensateGasSaveExport
Value, all time
$2.3 M
Jun 2007 – Jan 2016
Value, last 12 filed months
$13 k
at the published price for each month
Months reported
104
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
CondensateDisposition893 bbl$85,891
GasProduction317,054 Mcf$2,233,017
Total$2,318,908

Every month this lease reported (104)

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

104 months

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 2015030240.162.87$867
Jul 201501,64848.152.95$4,853
Jun 201501,79956.152.88$5,186
May 2015084355.212.96$2,491
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 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
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 2011046092.904.64$2,134
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 201126286.504.59$2,258
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
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 20100074.365.96$0
Dec 2009041471.445.48$2,270
Nov 200903,25574.593.75$12,211
Oct 200903,44172.544.11$14,143
Sep 200903,87165.543.06$11,864
Aug 20091434,89667.423.22$25,399
Jul 200904,48761.133.46$15,545
Jun 200906,88066.163.90$26,798
May 2009010,82354.743.93$42,488
Apr 2009011,27546.773.59$40,449
Mar 2009010,34142.144.06$41,974
Feb 200909,90932.814.63$45,908
Jan 2009011,45535.865.37$61,525
Dec 2008011,91237.105.98$71,200
Nov 200807,66955.496.86$52,612
Oct 200803,93275.246.92$27,217
Sep 200818711,587101.767.88$110,301
Aug 2008013,467114.228.48$114,241
Jul 2008014,887131.0811.39$169,554
Jun 200808,111131.3313.03$105,708
May 200819014,820123.1711.57$194,933
Apr 2008013,587110.3110.45$142,050
Mar 20080828101.909.66$8,002
Feb 2008011,67092.538.77$102,353
Jan 200818618,10290.388.21$165,351
Dec 2007018,50088.337.30$135,086
Nov 200716119,26391.677.29$155,219
Oct 2007012,78182.856.92$88,470
Sep 2007077175.846.24$4,814
Aug 2007021,92669.066.39$140,062
Jul 2007027,14070.906.39$173,369
Jun 20070062.007.55$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.

Aug 2015 — as filed, then multipliedworked
Condensate             0 bbl  × $ 40.16 =         $0
Gas                  302 Mcf  × $  2.87 =       $867

────────────────────────────────────────────────────
Month total                                     $867

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/234513 is the state's own key, not one this site invented.