LITTLE HOSS

Operated by TEP BARNETT USA, LLC (P-5 842986) 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 238350District 09Field 65280200CondensateGasSaveExport
Value, all time
$3.0 M
Feb 2008 – Oct 2017
Value, last 12 filed months
$1 k
at the published price for each month
Months reported
117
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
CondensateDisposition592 bbl$45,871
GasProduction487,002 Mcf$2,927,648
Total$2,973,519

Every month this lease reported (117)

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

117 months

Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 201728045.373.00$1,270
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 201502,70356.152.88$7,792
May 201503,81555.212.96$11,275
Apr 201504,20849.822.71$11,389
Mar 201502,63942.892.93$7,745
Feb 201502,81244.662.98$8,369
Jan 201504,08243.433.10$12,657
Dec 201403,35854.693.59$12,060
Nov 201403,06270.464.25$13,019
Oct 201401,75278.303.90$6,834
Sep 201401,48886.164.05$6,020
Aug 201403,35189.394.04$13,522
Jul 201404,10896.564.18$17,170
Jun 201403,75598.164.74$17,787
May 201404,21094.734.73$19,899
Apr 201402,06695.944.81$9,936
Mar 201404,42495.895.06$22,371
Feb 201402,77297.406.19$17,164
Jan 201403,55690.404.86$17,285
Dec 201301,08191.824.35$4,707
Nov 201302,47388.853.74$9,245
Oct 201301,42297.423.78$5,374
Sep 201304,813104.113.72$17,893
Aug 201302,779104.253.52$9,789
Jul 201304,774102.523.72$17,748
Jun 201303,42794.403.93$13,480
May 201301,04294.834.15$4,323
Apr 201303,88393.964.28$16,629
Mar 201303,66393.623.91$14,333
Feb 201302,89991.233.42$9,914
Jan 201304,18391.603.42$14,305
Dec 201202,09486.773.42$7,162
Nov 201203,19686.953.62$11,585
Oct 201211,53089.383.40$5,291
Sep 201204,70994.672.92$13,743
Aug 201216,37292.662.91$18,623
Jul 201205,67885.133.02$17,152
Jun 201206,32479.822.52$15,930
May 201205,00291.612.49$12,447
Apr 201204,774101.652.00$9,533
Mar 201216,275105.052.22$14,049
Feb 201214,595101.102.57$11,911
Jan 201204,86198.092.73$13,290
Dec 201101,48796.873.24$4,817
Nov 2011116695.723.31$645
Oct 20112284.983.65$177
Sep 201115,93383.623.99$23,731
Aug 201111,79883.404.15$7,544
Jul 201122,47894.144.52$11,382
Jun 201104,84592.904.64$22,480
May 201107,45098.134.40$32,816
Apr 201106,878105.964.33$29,804
Mar 201106,22696.364.06$25,261
Feb 201104,84185.644.18$20,235
Jan 201106,45086.504.59$29,598
Dec 201001,31185.734.35$5,700
Nov 201004,78880.843.80$18,172
Oct 201005,18978.103.51$18,208
Sep 201007,84772.633.98$31,227
Aug 201001,93673.684.42$8,556
Jul 2010093872.554.74$4,443
Jun 201001,16970.364.91$5,740
May 20101912,40771.124.24$23,778
Apr 201001,29581.694.12$5,339
Mar 201003,61178.394.39$15,847
Feb 201003,35173.585.44$18,237
Jan 201001,36474.365.96$8,135
Dec 2009143,01771.445.48$17,545
Nov 20098074.593.75$597
Oct 200992,79372.544.11$12,133
Sep 200975,98865.543.06$18,811
Aug 2009188,44367.423.22$28,387
Jul 2009108,95361.133.46$31,629
Jun 2009167,72066.163.90$31,128
May 200984,85854.743.93$19,509
Apr 200995,83546.773.59$21,354
Mar 200974,86842.144.06$20,054
Feb 2009108,94732.814.63$41,780
Jan 200968,16835.865.37$44,085
Dec 2008145,72237.105.98$34,721
Nov 20082111,91155.496.86$82,879
Oct 2008397,92175.246.92$57,763
Sep 200889,464101.767.88$75,363
Aug 2008814,612114.228.48$124,868
Jul 20081117,142131.0811.39$196,679
Jun 20082016,737131.3313.03$220,754
May 20081817,416123.1711.57$203,795
Apr 20082923,969110.3110.45$253,792
Mar 20082422,224101.909.66$217,220
Feb 20084836,52492.538.77$324,778

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.

Aug 2017 — as filed, then multipliedworked
Condensate            28 bbl  × $ 45.37 =     $1,270
Gas                    0 Mcf  × $  3.00 =         $0

────────────────────────────────────────────────────
Month total                                   $1,270

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/238350 is the state's own key, not one this site invented.