PILOT

Operated by STEPHENS & JOHNSON OPERATING CO. (P-5 817555) 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 238285District 09Field 65280200CondensateGasSaveExport
Value, all time
$2.1 M
Nov 2007 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
223
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
CondensateDisposition1,114 bbl$86,150
GasProduction304,703 Mcf$1,989,485
Total$2,075,635

Every month this lease reported (223)

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

223 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
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 20193056.272.46$169
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
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 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201301,162104.113.72$4,320
Aug 201301,863104.253.52$6,563
Jul 201301,906102.523.72$7,086
Jun 201302,00694.403.93$7,890
May 201301,53094.834.15$6,348
Apr 201302,39393.964.28$10,248
Mar 201332,01193.623.91$8,150
Feb 201302,40091.233.42$8,208
Jan 201301,94491.603.42$6,648
Dec 2012023886.773.42$814
Nov 201202,78386.953.62$10,088
Oct 2012097389.383.40$3,308
Sep 2012040794.672.92$1,188
Aug 2012114792.662.91$520
Jul 201201,10985.133.02$3,350
Jun 2012381,27279.822.52$6,237
May 2012098691.612.49$2,453
Apr 20120615101.652.00$1,228
Mar 201202,788105.052.22$6,195
Feb 20120974101.102.57$2,503
Jan 201202,03898.092.73$5,572
Dec 201102,58296.873.24$8,365
Nov 201102,21395.723.31$7,328
Oct 201102,36084.983.65$8,611
Sep 201102,35583.623.99$9,387
Aug 201102,25283.404.15$9,344
Jul 201101,51894.144.52$6,857
Jun 201101,81492.904.64$8,417
May 201102,02998.134.40$8,937
Apr 201102,512105.964.33$10,885
Mar 201102,25996.364.06$9,166
Feb 201101,62485.644.18$6,788
Jan 2011133,54286.504.59$17,378
Dec 2010293,93285.734.35$19,582
Nov 201004,09980.843.80$15,557
Oct 201003,91378.103.51$13,730
Sep 201003,61272.633.98$14,374
Aug 2010284,10973.684.42$20,222
Jul 201003,92772.554.74$18,600
Jun 201004,03270.364.91$19,799
May 201003,48471.124.24$14,756
Apr 2010493,67681.694.12$19,158
Mar 201004,66878.394.39$20,486
Feb 201005,11973.585.44$27,859
Jan 2010915,02874.365.96$36,754
Dec 20091774,76971.445.48$38,797
Nov 200904,24174.593.75$15,910
Oct 20091464,68972.544.11$29,864
Sep 20091434,10765.543.06$21,959
Aug 20091593,87867.423.22$23,201
Jul 2009234,09261.133.46$15,583
Jun 200904,80366.163.90$18,708
May 200914,23154.743.93$16,665
Apr 200904,53746.773.59$16,276
Mar 200913,26942.144.06$13,311
Feb 200902,40932.814.63$11,161
Jan 2009421,43435.865.37$9,208
Dec 200802,53737.105.98$15,164
Nov 200802,53055.496.86$17,357
Oct 2008215,90675.246.92$42,461
Sep 200816,573101.767.88$51,878
Aug 2008196,488114.228.48$57,208
Jul 20083110,720131.0811.39$126,158
Jun 20084710,622131.3313.03$144,605
May 20083213,877123.1711.57$164,558
Apr 20081613,245110.3110.45$140,240
Mar 2008013,600101.909.66$131,431
Feb 2008011,35392.538.77$99,572
Jan 2008010,09690.388.21$82,845
Dec 2007023,49488.337.30$171,552
Nov 2007018,99991.677.29$138,535

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.

Jul 2019 — as filed, then multipliedworked
Condensate             3 bbl  × $ 56.27 =       $169
Gas                    0 Mcf  × $  2.46 =         $0

────────────────────────────────────────────────────
Month total                                     $169

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/238285 is the state's own key, not one this site invented.