LONG UNIT

Operated by XTO ENERGY INC. (P-5 945936) 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 238486District 09Field 65280200CondensateGasSaveExport
Value, all time
$4.1 M
Jan 2007 – Apr 2019
Value, last 12 filed months
$0
at the published price for each month
Months reported
148
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
CondensateDisposition1,902 bbl$149,717
GasProduction769,984 Mcf$3,903,552
Total$4,053,269

Every month this lease reported (148)

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

148 months

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 2015021238.792.17$459
Oct 201505,47643.552.43$13,288
Sep 201505,45842.992.76$15,055
Aug 201505,50940.162.87$15,825
Jul 201505,03648.152.95$14,831
Jun 20151935,48956.152.88$26,661
May 201505,54455.212.96$16,385
Apr 201505,72349.822.71$15,490
Mar 201505,87342.892.93$17,236
Feb 201504,99844.662.98$14,875
Jan 201505,46643.433.10$16,948
Dec 201405,84054.693.59$20,974
Nov 201404,86370.464.25$20,677
Oct 201404,95178.303.90$19,314
Sep 201405,69586.164.05$23,039
Aug 201406,01389.394.04$24,263
Jul 201406,13396.564.18$25,633
Jun 201406,09398.164.74$28,862
May 20141946,50894.734.73$49,138
Apr 201405,93495.944.81$28,537
Mar 201406,20495.895.06$31,372
Feb 201405,98697.406.19$37,065
Jan 201404,36590.404.86$21,217
Dec 201303,95691.824.35$17,226
Nov 201304,54988.853.74$17,005
Oct 20131945,92997.423.78$41,307
Sep 201305,898104.113.72$21,927
Aug 20131776,574104.253.52$41,610
Jul 201306,434102.523.72$23,920
Jun 201306,18894.403.93$24,340
May 201306,30794.834.15$26,168
Apr 201306,23393.964.28$26,693
Mar 201306,36193.623.91$24,890
Feb 201306,05791.233.42$20,714
Jan 201304,98391.603.42$17,041
Dec 20121905,85586.773.42$36,511
Nov 201206,32886.953.62$22,939
Oct 201207,45989.383.40$25,358
Sep 201206,52794.672.92$19,048
Aug 201206,43392.662.91$18,708
Jul 201206,22285.133.02$18,795
Jun 201206,80279.822.52$17,135
May 20121907,00491.612.49$34,834
Apr 201206,944101.652.00$13,866
Mar 201207,338105.052.22$16,306
Feb 201207,041101.102.57$18,097
Jan 201207,62098.092.73$20,834
Dec 201107,85096.873.24$25,432
Nov 201107,59495.723.31$25,146
Oct 201108,02384.983.65$29,272
Sep 201107,37383.623.99$29,387
Aug 201108,00483.404.15$33,211
Jul 201108,08294.144.52$36,508
Jun 201106,95392.904.64$32,261
May 201106,68598.134.40$29,446
Apr 201107,690105.964.33$33,323
Mar 201108,01496.364.06$32,516
Feb 201105,72485.644.18$23,926
Jan 201107,80286.504.59$35,802
Dec 201006,97985.734.35$30,343
Nov 201008,03180.843.80$30,480
Oct 201008,56878.103.51$30,064
Sep 201008,46972.633.98$33,702
Aug 201009,18473.684.42$40,587
Jul 20101959,15972.554.74$57,529
Jun 201009,12370.364.91$44,798
May 201009,24371.124.24$39,146
Apr 201008,68381.694.12$35,797
Mar 201009,74178.394.39$42,750
Feb 201008,77173.585.44$47,735
Jan 201009,50874.365.96$56,707
Dec 200909,82971.445.48$53,900
Nov 20091938,89974.593.75$47,780
Oct 2009011,15672.544.11$45,854
Sep 2009010,83565.543.06$33,207
Aug 2009011,43067.423.22$36,787
Jul 2009012,45361.133.46$43,143
Jun 200908,85566.163.90$34,490
May 200919912,56254.743.93$60,209
Apr 2009013,35446.773.59$47,907
Mar 2009013,74542.144.06$55,791
Feb 2009014,20532.814.63$65,812
Jan 2009013,67835.865.37$73,465
Dec 2008014,31337.105.98$85,551
Nov 200817717,62555.496.86$130,736
Oct 2008017,29475.246.92$119,709
Sep 2008015,650101.767.88$123,276
Aug 2008017,235114.228.48$146,205
Jul 2008018,423131.0811.39$209,827
Jun 2008028,119131.3313.03$366,465
May 2008030,660123.1711.57$354,868
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
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

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.

Nov 2015 — as filed, then multipliedworked
Condensate             0 bbl  × $ 38.79 =         $0
Gas                  212 Mcf  × $  2.17 =       $459

────────────────────────────────────────────────────
Month total                                     $459

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/238486 is the state's own key, not one this site invented.