MILLER BREWING A UNIT

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 238116District 09Field 65280200GasSaveExport
Value, all time
$1.1 M
Aug 2007 – Jul 2014
Value, last 12 filed months
$0
at the published price for each month
Months reported
84
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
GasProduction256,017 Mcf$1,062,706
Total$1,062,706

Every month this lease reported (84)

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

84 months

Jul 2014096.564.18$0
Jun 2014098.164.74$0
May 2014094.734.73$0
Apr 2014095.944.81$0
Mar 2014095.895.06$0
Feb 2014097.406.19$0
Jan 2014090.404.86$0
Dec 2013091.824.35$0
Nov 2013088.853.74$0
Oct 2013097.423.78$0
Sep 20130104.113.72$0
Aug 20130104.253.52$0
Jul 20130102.523.72$0
Jun 2013094.403.93$0
May 2013094.834.15$0
Apr 2013093.964.28$0
Mar 2013093.623.91$0
Feb 2013091.233.42$0
Jan 2013091.603.42$0
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 2012885101.102.57$2,275
Jan 20122,11898.092.73$5,791
Dec 20111,84996.873.24$5,990
Nov 20112,65995.723.31$8,805
Oct 20111,25684.983.65$4,583
Sep 20112,14383.623.99$8,542
Aug 201155383.404.15$2,295
Jul 20112,98094.144.52$13,461
Jun 20113,08892.904.64$14,328
May 20111,98398.134.40$8,735
Apr 20113,989105.964.33$17,285
Mar 20116,08496.364.06$24,685
Feb 20111,92085.644.18$8,026
Jan 20113,47386.504.59$15,937
Dec 20101,64485.734.35$7,148
Nov 20105,40080.843.80$20,495
Oct 20106,57478.103.51$23,067
Sep 20104,99772.633.98$19,885
Aug 20102,46773.684.42$10,903
Jul 20104,16472.554.74$19,723
Jun 20105,72370.364.91$28,102
May 20107,24671.124.24$30,688
Apr 20108,24381.694.12$33,983
Mar 20107,81978.394.39$34,315
Feb 20107,56273.585.44$41,155
Jan 201010,35474.365.96$61,752
Dec 20095,19271.445.48$28,472
Nov 20096,85774.593.75$25,724
Oct 20094,91272.544.11$20,190
Sep 20098,77265.543.06$26,884
Aug 20099,07467.423.22$29,205
Jul 200912,77561.133.46$44,259
Jun 200911,36566.163.90$44,267
May 200914,67054.743.93$57,591
Apr 200918,29946.773.59$65,648
Mar 200926,53742.144.06$107,714
Feb 200930,39132.814.63$140,802
Jan 2009035.865.37$0
Dec 2008037.105.98$0
Nov 2008055.496.86$0
Oct 2008075.246.92$0
Sep 20080101.767.88$0
Aug 20080114.228.48$0
Jul 20080131.0811.39$0
Jun 20080131.3313.03$0
May 20080123.1711.57$0
Apr 20080110.3110.45$0
Mar 20080101.909.66$0
Feb 2008092.538.77$0
Jan 2008090.388.21$0
Dec 2007088.337.30$0
Nov 2007091.677.29$0
Oct 2007082.856.92$0
Sep 2007075.846.24$0
Aug 2007069.066.39$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 2012 — as filed, then multipliedworked
Gas                  885 Mcf  × $  2.57 =     $2,275

────────────────────────────────────────────────────
Month total                                   $2,275

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/238116 is the state's own key, not one this site invented.