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 238306District 09Field 65280200CondensateGasSaveExport
Value, all time
$3.7 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
CondensateDisposition719 bbl$65,251
GasProduction710,011 Mcf$3,601,162
Total$3,666,413

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 2019160056.272.46$9,003
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 2019073050.852.79$2,038
Jan 20190046.033.23$0
Dec 201803,43246.594.19$14,364
Nov 201804,86352.934.24$20,606
Oct 201805,57261.443.40$18,934
Sep 201805,24259.543.11$16,292
Aug 201803,82559.403.07$11,730
Jul 201802,39565.142.93$7,022
Jun 201801,74060.183.08$5,354
May 201802,06965.382.90$6,002
Apr 201802,13263.842.90$6,185
Mar 201801,80061.222.79$5,016
Feb 201802,11161.782.77$5,839
Jan 201803,19562.874.01$12,810
Dec 201702,32857.272.92$6,801
Nov 201702,40555.423.12$7,500
Oct 201701,73349.292.98$5,171
Sep 201702,01747.523.09$6,227
Aug 201702,48245.373.00$7,457
Jul 201702,95843.873.09$9,132
Jun 201703,11142.493.09$9,605
May 201702,21945.373.26$7,241
Apr 201702,64847.933.21$8,504
Mar 201702,74046.772.98$8,175
Feb 201702,20350.452.95$6,505
Jan 201702,71749.413.42$9,289
Dec 201603,07548.763.72$11,448
Nov 201603,73342.492.64$9,871
Oct 201603,37046.193.09$10,414
Sep 201603,34241.553.10$10,362
Aug 201604,12741.442.92$12,069
Jul 201603,89641.622.92$11,393
Jun 201603,63645.352.69$9,766
May 201604,76442.521.99$9,485
Apr 201605,03636.561.99$10,027
Mar 201605,26933.011.79$9,453
Feb 201604,25526.472.06$8,781
Jan 201606,17527.352.36$14,600
Dec 201506,24932.362.00$12,507
Nov 201505,48038.792.17$11,877
Oct 201503,33943.552.43$8,102
Sep 201502,63742.992.76$7,274
Aug 201502,41340.162.87$6,931
Jul 201502,85848.152.95$8,417
Jun 201502,90856.152.88$8,383
May 20150055.212.96$0
Apr 201502,67749.822.71$7,245
Mar 201501,81242.892.93$5,318
Feb 201501,87144.662.98$5,568
Jan 2015019343.433.10$598
Dec 2014070654.693.59$2,536
Nov 2014049370.464.25$2,096
Oct 2014066378.303.90$2,586
Sep 2014074586.164.05$3,014
Aug 201401,05389.394.04$4,249
Jul 201401,12796.564.18$4,710
Jun 2014042098.164.74$1,989
May 201401,60394.734.73$7,577
Apr 201402,23095.944.81$10,724
Mar 201401,62995.895.06$8,238
Feb 201401,42597.406.19$8,824
Jan 201403,32390.404.86$16,152
Dec 201303,66791.824.35$15,968
Nov 201304,83188.853.74$18,060
Oct 201306,52097.423.78$24,641
Sep 201306,968104.113.72$25,905
Aug 201307,895104.253.52$27,811
Jul 201308,271102.523.72$30,749
Jun 201306,81694.403.93$26,810
May 201304,28594.834.15$17,779
Apr 201303,03093.964.28$12,976
Mar 201333,35993.623.91$13,424
Feb 201301,39791.233.42$4,778
Jan 201302,02191.603.42$6,912
Dec 2012068086.773.42$2,326
Nov 201204186.953.62$149
Oct 201203,93789.383.40$13,385
Sep 201204,47594.672.92$13,060
Aug 201204,87792.662.91$14,183
Jul 201204,43585.133.02$13,397
Jun 2012833,99479.822.52$16,686
May 201204,17491.612.49$10,386
Apr 201204,064101.652.00$8,115
Mar 201225,200105.052.22$11,765
Feb 201205,034101.102.57$12,939
Jan 201203,55498.092.73$9,717
Dec 201105,13296.873.24$16,626
Nov 201104,61395.723.31$15,275
Oct 201104,91984.983.65$17,947
Sep 201104,54383.623.99$18,107
Aug 201103,92583.404.15$16,286
Jul 201102,07394.144.52$9,364
Jun 201102,56292.904.64$11,887
May 201103,37698.134.40$14,871
Apr 201103,783105.964.33$16,393
Mar 201103,43696.364.06$13,941
Feb 201104,28285.644.18$17,899
Jan 2011126,63086.504.59$31,462
Dec 2010267,50785.734.35$34,868
Nov 201006,59680.843.80$25,034
Oct 201007,00878.103.51$24,590
Sep 201006,83972.633.98$27,216
Aug 2010226,75273.684.42$31,460
Jul 201006,88572.554.74$32,611
Jun 201006,72770.364.91$33,032
May 201007,32071.124.24$31,002
Apr 2010197,23381.694.12$31,372
Mar 201008,24078.394.39$36,163
Feb 201007,41473.585.44$40,350
Jan 2010156,91874.365.96$42,375
Dec 2009277,53971.445.48$43,271
Nov 200907,51174.593.75$28,178
Oct 2009612,74472.544.11$52,816
Sep 2009412,42765.543.06$38,348
Aug 200907,81567.423.22$25,153
Jul 2009346,71261.133.46$25,332
Jun 200908,61066.163.90$33,536
May 200908,28554.743.93$32,525
Apr 200909,65646.773.59$34,641
Mar 2009010,23342.144.06$41,536
Feb 200908,27332.814.63$38,329
Jan 2009011,09635.865.37$59,597
Dec 2008010,30537.105.98$61,594
Nov 200829,14655.496.86$62,856
Oct 20082111,61975.246.92$82,007
Sep 200809,893101.767.88$77,928
Aug 200811012,066114.228.48$114,920
Jul 200815411,905131.0811.39$155,777
Jun 20081112,326131.3313.03$162,085
May 2008812,922123.1711.57$150,548
Apr 2008015,134110.3110.45$158,224
Mar 2008015,989101.909.66$154,519
Feb 2008016,61792.538.77$145,741
Jan 2008024,84790.388.21$203,888
Dec 2007027,85488.337.30$203,389
Nov 200703,05091.677.29$22,240

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           160 bbl  × $ 56.27 =     $9,003
Gas                    0 Mcf  × $  2.46 =         $0

────────────────────────────────────────────────────
Month total                                   $9,003

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/238306 is the state's own key, not one this site invented.