PRADO

Operated by TRINITY RIVER ENERGY OPER, LLC (P-5 870311) 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 235590District 09Field 65280200CondensateGasSaveExport
Value, all time
$9.8 M
Mar 2007 – Apr 2017
Value, last 12 filed months
$13
at the published price for each month
Months reported
122
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
CondensateDisposition12 bbl$1,090
GasProduction1,514,848 Mcf$9,780,433
Total$9,781,523

Every month this lease reported (122)

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

122 months

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 20160542.492.64$13
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 2015068742.892.93$2,016
Feb 201501,34544.662.98$4,003
Jan 201501,54843.433.10$4,800
Dec 2014077554.693.59$2,783
Nov 20140070.464.25$0
Oct 2014077778.303.90$3,031
Sep 2014074386.164.05$3,006
Aug 2014077789.394.04$3,135
Jul 201402,09396.564.18$8,748
Jun 201404998.164.74$232
May 2014069994.734.73$3,304
Apr 201402,72395.944.81$13,095
Mar 201402,82995.895.06$14,306
Feb 2014084097.406.19$5,201
Jan 201401,63390.404.86$7,938
Dec 201301,58391.824.35$6,893
Nov 2013099588.853.74$3,720
Oct 201301,65397.423.78$6,247
Sep 201301,168104.113.72$4,342
Aug 201301,029104.253.52$3,625
Jul 20130983102.523.72$3,655
Jun 201301,25394.403.93$4,929
May 201302,47894.834.15$10,281
Apr 201301,06893.964.28$4,574
Mar 201301,02993.623.91$4,026
Feb 201304,07991.233.42$13,950
Jan 201384,19191.603.42$15,066
Dec 201205,29186.773.42$18,096
Nov 201202,56986.953.62$9,313
Oct 201242,52989.383.40$8,955
Sep 201201,89194.672.92$5,519
Aug 201201,04992.662.91$3,051
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 20120645101.652.00$1,288
Mar 201200105.052.22$0
Feb 201208,069101.102.57$20,739
Jan 2012010,71298.092.73$29,287
Dec 2011011,15596.873.24$36,139
Nov 2011010,01495.723.31$33,159
Oct 201108,68984.983.65$31,702
Sep 20110083.623.99$0
Aug 2011011,36683.404.15$47,161
Jul 2011013,96894.144.52$63,097
Jun 2011012,58392.904.64$58,384
May 2011012,55398.134.40$55,294
Apr 2011011,929105.964.33$51,692
Mar 201103,83596.364.06$15,560
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 201001,48885.734.35$6,469
Nov 2010013,74180.843.80$52,152
Oct 2010012,12178.103.51$42,531
Sep 2010016,46872.633.98$65,534
Aug 2010016,48173.684.42$72,835
Jul 2010018,56272.554.74$87,919
Jun 2010014,19670.364.91$69,708
May 2010020,49571.124.24$86,801
Apr 2010019,49481.694.12$80,368
Mar 2010020,80178.394.39$91,289
Feb 2010018,34673.585.44$99,846
Jan 201009,28674.365.96$55,383
Dec 2009019,91371.445.48$109,198
Nov 2009022,70974.593.75$85,193
Oct 2009023,28472.544.11$95,703
Sep 2009015,77965.543.06$48,359
Aug 2009017,71867.423.22$57,025
Jul 2009019,23061.133.46$66,622
Jun 2009022,19566.163.90$86,450
May 2009021,81554.743.93$85,640
Apr 2009020,73246.773.59$74,376
Mar 2009023,26042.144.06$94,412
Feb 2009020,93732.814.63$97,001
Jan 2009021,72135.865.37$116,663
Dec 2008021,53537.105.98$128,718
Nov 2008020,76855.496.86$142,476
Oct 2008021,98175.246.92$152,152
Sep 2008026,660101.767.88$210,003
Aug 2008028,021114.228.48$237,703
Jul 2008030,484131.0811.39$347,195
Jun 2008031,469131.3313.03$410,124
May 2008031,649123.1711.57$366,315
Apr 2008021,097110.3110.45$220,566
Mar 2008034,842101.909.66$336,716
Feb 2008037,90092.538.77$332,405
Jan 2008042,61490.388.21$349,679
Dec 2007041,04988.337.30$299,739
Nov 2007043,22491.677.29$315,176
Oct 2007045,70682.856.92$316,376
Sep 2007050,97475.846.24$318,290
Aug 2007058,03069.066.39$370,692
Jul 2007065,28570.906.39$417,037
Jun 2007071,42462.007.55$539,140
May 2007089,98958.747.85$706,079
Apr 20070101,32959.617.81$790,893
Mar 2007016756.927.30$1,219

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 2016 — as filed, then multipliedworked
Condensate             0 bbl  × $ 42.49 =         $0
Gas                    5 Mcf  × $  2.64 =        $13

────────────────────────────────────────────────────
Month total                                      $13

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/235590 is the state's own key, not one this site invented.