PILOT

Operated by STEPHENS & JOHNSON OPERATING CO. (P-5 817555) 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 234619District 09Field 65280200CondensateGasSaveExport
Value, all time
$4.8 M
Apr 2007 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
230
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
CondensateDisposition322 bbl$30,866
GasProduction766,803 Mcf$4,750,169
Total$4,781,035

Every month this lease reported (230)

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

230 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
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 201712043.873.09$526
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 201501,26042.992.76$3,476
Aug 201501,06140.162.87$3,048
Jul 201501,00148.152.95$2,948
Jun 2015023956.152.88$689
May 2015036355.212.96$1,073
Apr 2015027549.822.71$744
Mar 2015039542.892.93$1,159
Feb 2015093844.662.98$2,792
Jan 201501,15343.433.10$3,575
Dec 201406654.693.59$237
Nov 2014094770.464.25$4,026
Oct 201401,41578.303.90$5,520
Sep 201401,32986.164.05$5,376
Aug 201401,04789.394.04$4,225
Jul 2014047696.564.18$1,989
Jun 2014070498.164.74$3,335
May 201401,09094.734.73$5,152
Apr 2014361,02695.944.81$8,388
Mar 201401,00495.895.06$5,077
Feb 201401,83697.406.19$11,369
Jan 201402,32090.404.86$11,277
Dec 201303,21491.824.35$13,995
Nov 201304,86688.853.74$18,190
Oct 201305,08297.423.78$19,207
Sep 201305,468104.113.72$20,329
Aug 201306,773104.253.52$23,859
Jul 201306,733102.523.72$25,032
Jun 201306,55194.403.93$25,768
May 201308,04294.834.15$33,367
Apr 201304,67393.964.28$20,013
Mar 201305,90393.623.91$23,098
Feb 201304,15991.233.42$14,223
Jan 201305,87091.603.42$20,075
Dec 201204,58086.773.42$15,664
Nov 2012011186.953.62$402
Oct 20122716189.383.40$2,961
Sep 2012016894.672.92$490
Aug 2012022792.662.91$660
Jul 2012078985.133.02$2,383
Jun 201212,96979.822.52$7,559
May 201204,95791.612.49$12,335
Apr 201206,262101.652.00$12,504
Mar 201204,178105.052.22$9,284
Feb 2012496,101101.102.57$20,635
Jan 201205,89798.092.73$16,123
Dec 201105,57296.873.24$18,052
Nov 201105,17095.723.31$17,119
Oct 201104,61184.983.65$16,823
Sep 201104,24883.623.99$16,932
Aug 201104,92783.404.15$20,444
Jul 201174,70894.144.52$21,926
Jun 201103,34592.904.64$15,520
May 201101,87198.134.40$8,241
Apr 201103,145105.964.33$13,628
Mar 201103,91796.364.06$15,893
Feb 201102,45485.644.18$10,258
Jan 2011244,02286.504.59$20,532
Dec 201004,68985.734.35$20,387
Nov 201005,34180.843.80$20,271
Oct 201006,50878.103.51$22,836
Sep 201005,51672.633.98$21,951
Aug 2010485,70573.684.42$28,749
Jul 201005,51472.554.74$26,117
Jun 201006,26470.364.91$30,759
May 201006,30471.124.24$26,699
Apr 201005,55981.694.12$22,918
Mar 201006,81878.394.39$29,922
Feb 201005,28973.585.44$28,785
Jan 201004,87674.365.96$29,081
Dec 200905,64271.445.48$30,939
Nov 200906,35974.593.75$23,856
Oct 200904,99972.544.11$20,547
Sep 2009227,26865.543.06$23,716
Aug 200909,63167.423.22$30,997
Jul 200907,80061.133.46$27,023
Jun 200908,90566.163.90$34,685
May 200908,37554.743.93$32,878
Apr 200906,60546.773.59$23,695
Mar 200907,20542.144.06$29,245
Feb 200908,84032.814.63$40,956
Jan 200908,81435.865.37$47,340
Dec 200809,23237.105.98$55,181
Nov 200818,48755.496.86$58,279
Oct 2008010,28075.246.92$71,158
Sep 200809,358101.767.88$73,714
Aug 200899,781114.228.48$84,000
Jul 2008011,492131.0811.39$130,887
Jun 20083612,389131.3313.03$166,189
May 20083113,385123.1711.57$158,740
Apr 20081918,700110.3110.45$197,602
Mar 2008016,064101.909.66$155,244
Feb 2008016,64092.538.77$145,942
Jan 2008015,29690.388.21$125,515
Dec 2007031,28388.337.30$228,428
Nov 2007028,59091.677.29$208,470
Oct 2007034,52782.856.92$238,995
Sep 2007013,97075.846.24$87,231
Aug 2007031,21669.066.39$199,406
Jul 2007033,05270.906.39$211,134
Jun 2007036,10962.007.55$272,567
May 2007041,74258.747.85$327,519
Apr 2007034,71559.617.81$270,958

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 2017 — as filed, then multipliedworked
Condensate            12 bbl  × $ 43.87 =       $526
Gas                    0 Mcf  × $  3.09 =         $0

────────────────────────────────────────────────────
Month total                                     $526

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/234619 is the state's own key, not one this site invented.