SHOEBAR RANCH

Operated by XTO ENERGY INC. (P-5 945936) 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 238114District 09Field 65280200CondensateGasSaveExport
Value, all time
$2.8 M
Aug 2007 – May 2024
Value, last 12 filed months
$22 k
at the published price for each month
Months reported
202
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
CondensateDisposition1,791 bbl$123,803
GasProduction650,294 Mcf$2,633,308
Total$2,757,111

Every month this lease reported (202)

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

202 months

May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 2024085676.091.78$1,527
Jan 2024193473.023.30$3,153
Dec 2023094671.262.61$2,470
Nov 202301,03777.892.81$2,911
Oct 202301,08285.443.09$3,340
Sep 202301,04289.042.74$2,850
Aug 202301,16480.522.67$3,111
Jul 202301,13774.852.64$3,004
Jun 202303668.962.26$81
May 202301,15770.622.23$2,577
Apr 202301,18078.122.24$2,641
Mar 202301,18272.852.39$2,829
Feb 202301,05975.112.47$2,611
Jan 202331,22276.533.39$4,369
Dec 202201,21876.415.73$6,978
Nov 202201,54985.005.65$8,746
Oct 202201,52287.185.86$8,925
Sep 2022546484.888.16$4,212
Aug 2022035294.529.13$3,213
Jul 20220443101.587.54$3,341
Jun 202201,663115.097.98$13,266
May 202201,549109.378.43$13,063
Apr 202201,140104.226.84$7,795
Mar 202201,873108.885.08$9,508
Feb 202201,15291.054.86$5,597
Jan 202202,35981.844.54$10,704
Dec 202102,53271.323.90$9,873
Nov 202102,60077.435.24$13,616
Oct 202102,49079.795.71$14,228
Sep 202103,05169.865.35$16,326
Aug 202102,93966.024.22$12,404
Jul 202101,69770.783.98$6,758
Jun 202102,38769.493.38$8,070
May 202103,14463.483.02$9,488
Apr 202152,71660.362.76$7,794
Mar 202102,79961.302.72$7,605
Feb 202101,45957.805.55$8,094
Jan 202102,13850.412.81$6,008
Dec 202022,79344.642.68$7,562
Nov 202002,99638.772.71$8,109
Oct 202003,48636.972.48$8,640
Sep 202002,35637.091.99$4,691
Aug 202002,04039.982.39$4,866
Jul 2020092138.371.83$1,681
Jun 202001,28334.901.69$2,169
May 202001,82016.921.81$3,303
Apr 202051,73814.751.80$3,210
Mar 202002,65530.341.86$4,928
Feb 202002,74149.881.98$5,429
Jan 202002,98957.252.09$6,261
Dec 201902,18459.012.30$5,033
Nov 201903,46755.302.75$9,537
Oct 201903,02553.472.42$7,316
Sep 201903,17655.052.66$8,440
Aug 201903,88053.112.30$8,941
Jul 201904,16356.272.46$10,241
Jun 201904,09752.782.49$10,206
May 201905,05158.482.74$13,841
Apr 2019125,26962.632.75$15,245
Mar 201903,10056.803.06$9,493
Feb 201903,30450.852.79$9,225
Jan 201903,90346.033.23$12,600
Dec 201802,86146.594.19$11,975
Nov 201804,62252.934.24$19,585
Oct 201802,66261.443.40$9,046
Sep 201802,70159.543.11$8,395
Aug 201802,49259.403.07$7,642
Jul 201801,65565.142.93$4,852
Jun 201812,38060.183.08$7,383
May 201821,99265.382.90$5,909
Apr 201801,88663.842.90$5,471
Mar 201802,37861.222.79$6,627
Feb 201801,64261.782.77$4,542
Jan 201801,62562.874.01$6,515
Dec 201702,65957.272.92$7,768
Nov 201701,88955.423.12$5,891
Oct 201702,37349.292.98$7,080
Sep 201701,57047.523.09$4,847
Aug 201701,61345.373.00$4,846
Jul 201711,61843.873.09$5,039
Jun 201701,45042.493.09$4,477
May 201701,60145.373.26$5,225
Apr 201701,48847.933.21$4,779
Mar 201701,94846.772.98$5,812
Feb 201702,10250.452.95$6,206
Jan 201702,46149.413.42$8,414
Dec 201602,43448.763.72$9,061
Nov 201612,26342.492.64$6,027
Oct 201603,21346.193.09$9,929
Sep 201603,09441.553.10$9,593
Aug 201603,68841.442.92$10,785
Jul 201603,28641.622.92$9,609
Jun 201603,29745.352.69$8,855
May 201603,14742.521.99$6,266
Apr 201602,86036.561.99$5,694
Mar 201613,26533.011.79$5,890
Feb 201603,00426.472.06$6,199
Jan 201603,48227.352.36$8,233
Dec 201503,98632.362.00$7,978
Nov 201503,64038.792.17$7,889
Oct 201501,67643.552.43$4,067
Sep 201512,79742.992.76$7,758
Aug 201502,72040.162.87$7,813
Jul 201503,79248.152.95$11,168
Jun 201503,81956.152.88$11,010
May 201501,50055.212.96$4,433
Apr 201512,75949.822.71$7,517
Mar 201502,82742.892.93$8,296
Feb 201502,49744.662.98$7,432
Jan 201503,42843.433.10$10,629
Dec 201423,04654.693.59$11,049
Nov 201403,00470.464.25$12,773
Oct 201402,90178.303.90$11,317
Sep 201403,06286.164.05$12,387
Aug 201403,15889.394.04$12,743
Jul 201433,13796.564.18$13,401
Jun 201403,09698.164.74$14,665
May 201403,29094.734.73$15,550
Apr 201403,44895.944.81$16,582
Mar 201403,47495.895.06$17,567
Feb 201402,31397.406.19$14,322
Jan 201402,51190.404.86$12,205
Dec 201303,15991.824.35$13,756
Nov 201302,33988.853.74$8,744
Oct 2013282,79697.423.78$13,295
Sep 2013632,712104.113.72$16,641
Aug 2013712,748104.253.52$17,082
Jul 201303,305102.523.72$12,287
Jun 201303,33894.403.93$13,130
May 201303,22094.834.15$13,360
Apr 201303,12093.964.28$13,362
Mar 201303,80993.623.91$14,904
Feb 201303,14791.233.42$10,762
Jan 201303,14191.603.42$10,742
Dec 201203,91186.773.42$13,376
Nov 201203,65986.953.62$13,264
Oct 201203,21689.383.40$10,933
Sep 201203,66194.672.92$10,684
Aug 201203,66792.662.91$10,664
Jul 201203,79885.133.02$11,473
Jun 2012029379.822.52$738
May 201203,35791.612.49$8,353
Apr 20121603,450101.652.00$23,153
Mar 201204,425105.052.22$9,833
Feb 201203,725101.102.57$9,574
Jan 2012534,70198.092.73$18,052
Dec 201104,45696.873.24$14,436
Nov 201104,14595.723.31$13,725
Oct 201104,53384.983.65$16,539
Sep 201104,45183.623.99$17,741
Aug 201104,35383.404.15$18,062
Jul 201103,50894.144.52$15,846
Jun 201103,74292.904.64$17,362
May 201104,45098.134.40$19,601
Apr 201104,620105.964.33$20,020
Mar 201105,04896.364.06$20,481
Feb 201106,71385.644.18$28,060
Jan 201103,21586.504.59$14,753
Dec 20101643,63085.734.35$29,842
Nov 201013,57180.843.80$13,634
Oct 201013,63178.103.51$12,819
Sep 201003,54872.633.98$14,119
Aug 201003,49873.684.42$15,459
Jul 201005,29072.554.74$25,056
Jun 201004,95470.364.91$24,326
May 20101765,13471.124.24$34,261
Apr 201003,36281.694.12$13,860
Mar 201002,98678.394.39$13,105
Feb 201005,08873.585.44$27,691
Jan 201004,51974.365.96$26,952
Dec 200903,90871.445.48$21,431
Nov 2009755,71974.593.75$27,049
Oct 200907,85572.544.11$32,286
Sep 20091655,02365.543.06$26,208
Aug 200908,06167.423.22$25,944
Jul 2009528,96061.133.46$34,221
Jun 20091788,98766.163.90$46,781
May 2009010,60554.743.93$41,633
Apr 200909,98046.773.59$35,803
Mar 20091707,75942.144.06$38,658
Feb 200909,47032.814.63$43,875
Jan 200919810,11535.865.37$61,428
Dec 2008012,99437.105.98$77,667
Nov 200819014,75055.496.86$111,733
Oct 2008018,61875.246.92$128,873
Sep 2008017,137101.767.88$134,990
Aug 2008016,922114.228.48$143,550
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$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.

Feb 2024 — as filed, then multipliedworked
Condensate             0 bbl  × $ 76.09 =         $0
Gas                  856 Mcf  × $  1.78 =     $1,527

────────────────────────────────────────────────────
Month total                                   $1,527

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/238114 is the state's own key, not one this site invented.