BIRDWELL A

Operated by EOG RESOURCES, INC. (P-5 253162) 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 238432District 09Field 65280200CondensateGasSaveExport
Value, all time
$331 k
Jun 2007 – Jun 2011
Value, last 12 filed months
$0
at the published price for each month
Months reported
49
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
CondensateDisposition175 bbl$7,375
GasProduction40,679 Mcf$323,897
Total$331,271

Every month this lease reported (49)

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

49 months

Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 2009175042.144.06$7,375
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 200801,68337.105.98$10,060
Nov 200803,02955.496.86$20,780
Oct 200801,73875.246.92$12,030
Sep 200802,233101.767.88$17,590
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200802,173131.3313.03$28,320
May 200801,574123.1711.57$18,218
Apr 200802,347110.3110.45$24,538
Mar 200802,322101.909.66$22,440
Feb 200804,30292.538.77$37,731
Jan 200803,34790.388.21$27,465
Dec 20070288.337.30$15
Nov 20070091.677.29$0
Oct 200707,74382.856.92$53,597
Sep 200708,18675.846.24$51,115
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$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.

Mar 2009 — as filed, then multipliedworked
Condensate           175 bbl  × $ 42.14 =     $7,375
Gas                    0 Mcf  × $  4.06 =         $0

────────────────────────────────────────────────────
Month total                                   $7,375

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/238432 is the state's own key, not one this site invented.