PATTON

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 237952District 09Field 65280200CondensateGasSaveExport
Value, all time
$4.1 M
Mar 2008 – Jun 2021
Value, last 12 filed months
$60
at the published price for each month
Months reported
160
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
CondensateDisposition24,978 bbl$2,632,896
GasProduction253,423 Mcf$1,508,951
Total$4,141,847

Every month this lease reported (160)

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

160 months

Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20211060.362.76$60
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 201948050.852.79$2,441
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 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 2014018970.464.25$804
Oct 201401,79078.303.90$6,983
Sep 201401,57586.164.05$6,372
Aug 2014095689.394.04$3,858
Jul 2014591,10096.564.18$10,295
Jun 201401,14398.164.74$5,414
May 201401,94294.734.73$9,179
Apr 201402,73895.944.81$13,167
Mar 2014062295.895.06$3,145
Feb 2014069997.406.19$4,328
Jan 2014087290.404.86$4,239
Dec 20130091.824.35$0
Nov 201307588.853.74$280
Oct 2013056397.423.78$2,128
Sep 20130879104.113.72$3,268
Aug 201301,035104.253.52$3,646
Jul 20130128102.523.72$476
Jun 201301,59394.403.93$6,266
May 201301,63394.834.15$6,775
Apr 201301,15893.964.28$4,959
Mar 201301,72793.623.91$6,758
Feb 201301,78991.233.42$6,118
Jan 201301,99491.603.42$6,819
Dec 201201,58786.773.42$5,428
Nov 201201,59986.953.62$5,796
Oct 201201,13889.383.40$3,869
Sep 201201,22794.672.92$3,581
Aug 2012089592.662.91$2,603
Jul 201201,04085.133.02$3,142
Jun 201201,21579.822.52$3,061
May 2012018691.612.49$463
Apr 201200101.652.00$0
Mar 2012400105.052.22$4,202
Feb 201203101.102.57$8
Jan 201201,53098.092.73$4,183
Dec 201101,59696.873.24$5,171
Nov 201101,66395.723.31$5,507
Oct 201102,22084.983.65$8,100
Sep 201102,81483.623.99$11,216
Aug 201102,10483.404.15$8,730
Jul 201102,21394.144.52$9,997
Jun 201101,71892.904.64$7,971
May 201102,68598.134.40$11,827
Apr 201101,809105.964.33$7,839
Mar 201101,29596.364.06$5,254
Feb 201101,12985.644.18$4,719
Jan 2011427386.504.59$1,599
Dec 20100885.734.35$35
Nov 2010068180.843.80$2,585
Oct 2010783,28978.103.51$17,633
Sep 201001,83972.633.98$7,318
Aug 201002,93173.684.42$12,953
Jul 201003,38672.554.74$16,038
Jun 201003,69770.364.91$18,154
May 201003,18471.124.24$13,485
Apr 201003,73681.694.12$15,402
Mar 2010194,06078.394.39$19,307
Feb 201003,30673.585.44$17,992
Jan 2010353,09974.365.96$21,085
Dec 200902,91271.445.48$15,969
Nov 2009444,42474.593.75$19,879
Oct 200903,53672.544.11$14,534
Sep 2009636,44965.543.06$23,894
Aug 20092786,30867.423.22$39,045
Jul 2009726,15261.133.46$25,715
Jun 20093466,79866.163.90$49,370
May 200907,00554.743.93$27,500
Apr 20094149,76946.773.59$54,409
Mar 20095497,84942.144.06$54,994
Feb 20093914,42732.814.63$33,339
Jan 20097726,16435.865.37$60,791
Dec 200889712,77737.105.98$109,649
Nov 20083757,45955.496.86$71,980
Oct 20087475,35075.246.92$93,237
Sep 20085354,083101.767.88$86,604
Aug 20082,18813,889114.228.48$367,734
Jul 20083,09613,000131.0811.39$553,886
Jun 20083,99912,799131.3313.03$691,993
May 20083,6863,584123.1711.57$495,487
Apr 20084,4938,155110.3110.45$580,882
Mar 20081,7499,179101.909.66$266,930

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.

Apr 2021 — as filed, then multipliedworked
Condensate             1 bbl  × $ 60.36 =        $60
Gas                    0 Mcf  × $  2.76 =         $0

────────────────────────────────────────────────────
Month total                                      $60

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/237952 is the state's own key, not one this site invented.