CROSSLIN UNIT

Operated by WESTERN CHIEF OPERATING, L.L.C. (P-5 911808) 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 238399District 09Field 65280200CondensateGasSaveExport
Value, all time
$1.6 M
Nov 2006 – Jan 2013
Value, last 12 filed months
$46 k
at the published price for each month
Months reported
75
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
CondensateDisposition518 bbl$49,235
GasProduction254,915 Mcf$1,599,079
Total$1,648,313

Every month this lease reported (75)

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

75 months

Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 201201,13694.672.92$3,315
Aug 20121091,78692.662.91$15,294
Jul 201201,87085.133.02$5,649
Jun 201201,49879.822.52$3,774
May 201201,57091.612.49$3,907
Apr 201202,269101.652.00$4,531
Mar 201201,838105.052.22$4,084
Feb 201202,116101.102.57$5,439
Jan 201201,72698.092.73$4,719
Dec 201102,22896.873.24$7,218
Nov 201102,07295.723.31$6,861
Oct 201102,00484.983.65$7,312
Sep 201101,82083.623.99$7,254
Aug 201101,36583.404.15$5,664
Jul 201101,39194.144.52$6,283
Jun 201102,68992.904.64$12,477
May 201101,64498.134.40$7,242
Apr 201102,331105.964.33$10,101
Mar 201102,33196.364.06$9,458
Feb 201101,89785.644.18$7,929
Jan 201102,49786.504.59$11,458
Dec 201001,85685.734.35$8,069
Nov 201003,10580.843.80$11,785
Oct 201003,12878.103.51$10,976
Sep 201013,26072.633.98$13,046
Aug 201003,37373.684.42$14,907
Jul 201003,38472.554.74$16,028
Jun 201002,82270.364.91$13,857
May 201003,08171.124.24$13,049
Apr 20106945881.694.12$7,525
Mar 201003,56678.394.39$15,650
Feb 201003,62773.585.44$19,739
Jan 201003,01574.365.96$17,982
Dec 200903,89871.445.48$21,376
Nov 200904,14474.593.75$15,546
Oct 200904,57772.544.11$18,813
Sep 20091684,72365.543.06$25,486
Aug 200904,80167.423.22$15,452
Jul 200903,13761.133.46$10,868
Jun 200903,53266.163.90$13,757
May 200903,93454.743.93$15,444
Apr 200903,65346.773.59$13,105
Mar 200903,89042.144.06$15,790
Feb 200903,75832.814.63$17,411
Jan 200903,37435.865.37$18,122
Dec 200803,54237.105.98$21,171
Nov 200803,54555.496.86$24,320
Oct 200804,83075.246.92$33,433
Sep 200803,986101.767.88$31,398
Aug 200805,016114.228.48$42,551
Jul 20081715,711131.0811.39$87,460
Jun 200805,931131.3313.03$77,297
May 200808,092123.1711.57$93,659
Apr 200807,933110.3110.45$82,938
Mar 200808,640101.909.66$83,498
Feb 200809,41892.538.77$82,601
Jan 200808,89690.388.21$72,998
Dec 2007012,95888.337.30$94,619
Nov 2007015,51491.677.29$113,123
Oct 2007020,81882.856.92$144,102
Sep 200707,91175.846.24$49,398
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$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.

Sep 2012 — as filed, then multipliedworked
Condensate             0 bbl  × $ 94.67 =         $0
Gas                1,136 Mcf  × $  2.92 =     $3,315

────────────────────────────────────────────────────
Month total                                   $3,315

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/238399 is the state's own key, not one this site invented.