DRS

Operated by HARDING COMPANY (P-5 356430) 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 236367District 09Field 65280200GasSaveExport
Value, all time
$5.9 M
Mar 2007 – Dec 2012
Value, last 12 filed months
$2 k
at the published price for each month
Months reported
70
no gaps in the span
Streams
1
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
GasProduction869,773 Mcf$5,919,456
Total$5,919,456

Every month this lease reported (70)

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

70 months

Dec 2012086.773.42$0
Nov 2012086.953.62$0
Oct 2012089.383.40$0
Sep 2012094.672.92$0
Aug 2012092.662.91$0
Jul 2012085.133.02$0
Jun 2012079.822.52$0
May 2012091.612.49$0
Apr 20120101.652.00$0
Mar 20120105.052.22$0
Feb 2012715101.102.57$1,838
Jan 2012098.092.73$0
Dec 20112,43996.873.24$7,902
Nov 20111,24695.723.31$4,126
Oct 20112,75384.983.65$10,044
Sep 20114,46883.623.99$17,809
Aug 20114,28983.404.15$17,796
Jul 20114,08694.144.52$18,457
Jun 20114,59092.904.64$21,297
May 20115,44698.134.40$23,989
Apr 20114,656105.964.33$20,176
Mar 20115,51396.364.06$22,368
Feb 20114,94785.644.18$20,678
Jan 20117,75086.504.59$35,563
Dec 20109,32285.734.35$40,530
Nov 201012,72180.843.80$48,280
Oct 201011,34678.103.51$39,812
Sep 20109,55472.633.98$38,020
Aug 201011,72873.684.42$51,830
Jul 201012,24672.554.74$58,003
Jun 201011,74470.364.91$57,668
May 201012,32371.124.24$52,191
Apr 201010,99181.694.12$45,312
Mar 201012,19078.394.39$53,498
Feb 201010,80073.585.44$58,777
Jan 201010,88274.365.96$64,901
Dec 200911,08771.445.48$60,798
Nov 20098,85374.593.75$33,212
Oct 20091,98772.544.11$8,167
Sep 200913965.543.06$426
Aug 200973267.423.22$2,356
Jul 20099,02461.133.46$31,264
Jun 20098,51766.163.90$33,174
May 200910,49854.743.93$41,213
Apr 200911,37746.773.59$40,815
Mar 200911,38642.144.06$46,216
Feb 200913,09632.814.63$60,674
Jan 200911,94935.865.37$64,178
Dec 200814,59637.105.98$87,242
Nov 20089,39255.496.86$64,433
Oct 200817,80975.246.92$123,274
Sep 200818,383101.767.88$144,805
Aug 200818,147114.228.48$153,941
Jul 200813,566131.0811.39$154,509
Jun 200821,494131.3313.03$280,123
May 200822,448123.1711.57$259,820
Apr 200823,289110.3110.45$243,483
Mar 200824,214101.909.66$234,006
Feb 200824,35392.538.77$213,590
Jan 200827,64490.388.21$226,839
Dec 200728,42288.337.30$207,537
Nov 200730,07391.677.29$219,283
Oct 200728,67682.856.92$198,495
Sep 200732,40275.846.24$202,323
Aug 200736,91069.066.39$235,779
Jul 200741,61970.906.39$265,860
Jun 200725,88762.007.55$195,407
May 200750,02558.747.85$392,510
Apr 200758,71859.617.81$458,306
Mar 200714,31656.927.30$104,535

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.

Feb 2012 — as filed, then multipliedworked
Gas                  715 Mcf  × $  2.57 =     $1,838

────────────────────────────────────────────────────
Month total                                   $1,838

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/236367 is the state's own key, not one this site invented.