PISTOL

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 238687District 09Field 65280200GasSaveExport
Value, all time
$3.3 M
May 2007 – Jan 2014
Value, last 12 filed months
$29 k
at the published price for each month
Months reported
81
no gaps in the span
Streams
1
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
GasProduction540,412 Mcf$3,251,911
Total$3,251,911

Every month this lease reported (81)

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

81 months

Jan 2014090.404.86$0
Dec 2013091.824.35$0
Nov 20134088.853.74$150
Oct 201318697.423.78$703
Sep 2013596104.113.72$2,216
Aug 20130104.253.52$0
Jul 20131,148102.523.72$4,268
Jun 201385894.403.93$3,375
May 201391494.834.15$3,792
Apr 20131,28293.964.28$5,490
Mar 20131,43793.623.91$5,623
Feb 20131,05691.233.42$3,611
Jan 20131,67591.603.42$5,728
Dec 20122,91486.773.42$9,966
Nov 20122,86786.953.62$10,393
Oct 20123,58589.383.40$12,188
Sep 20123,69894.672.92$10,792
Aug 20123,71392.662.91$10,798
Jul 20123,77085.133.02$11,388
Jun 20123,86579.822.52$9,736
May 20124,16691.612.49$10,366
Apr 20124,044101.652.00$8,075
Mar 20124,306105.052.22$9,568
Feb 20123,982101.102.57$10,235
Jan 20124,47398.092.73$12,230
Dec 20114,52596.873.24$14,660
Nov 20114,57995.723.31$15,162
Oct 20114,83284.983.65$17,630
Sep 20114,57883.623.99$18,247
Aug 20114,49483.404.15$18,647
Jul 20114,87494.144.52$22,017
Jun 20115,00492.904.64$23,218
May 20114,98798.134.40$21,967
Apr 20114,549105.964.33$19,712
Mar 20115,69696.364.06$23,111
Feb 20115,23585.644.18$21,882
Jan 20115,82886.504.59$26,743
Dec 20105,02385.734.35$21,839
Nov 20105,08180.843.80$19,284
Oct 20105,77978.103.51$20,278
Sep 20105,81172.633.98$23,125
Aug 20106,30873.684.42$27,877
Jul 20106,44572.554.74$30,527
Jun 20106,44170.364.91$31,628
May 20106,56171.124.24$27,787
Apr 2010081.694.12$0
Mar 20106,72978.394.39$29,531
Feb 20106,53073.585.44$35,539
Jan 20104,99174.365.96$29,767
Dec 20096,80871.445.48$37,333
Nov 20096,61074.593.75$24,797
Oct 20097,07872.544.11$29,092
Sep 20095,91265.543.06$18,119
Aug 20097,60467.423.22$24,473
Jul 20096,36861.133.46$22,062
Jun 20096,65866.163.90$25,933
May 20097,26454.743.93$28,517
Apr 20099,72446.773.59$34,885
Mar 20099,89742.144.06$40,172
Feb 20099,72932.814.63$45,074
Jan 200910,60935.865.37$56,981
Dec 200811,83937.105.98$70,763
Nov 200811,56055.496.86$79,306
Oct 200813,96475.246.92$96,659
Sep 200812,718101.767.88$100,181
Aug 200812,000114.228.48$101,796
Jul 200811,666131.0811.39$132,869
Jun 200811,865131.3313.03$154,632
May 200814,849123.1711.57$171,867
Apr 200812,265110.3110.45$128,229
Mar 200815,542101.909.66$150,199
Feb 20085,46592.538.77$47,931
Jan 200817,91690.388.21$147,014
Dec 200719,84188.337.30$144,878
Nov 200721,84591.677.29$159,287
Oct 200727,45282.856.92$190,022
Sep 200736,82675.846.24$229,947
Aug 20079,08369.066.39$58,022
Jul 2007070.906.39$0
Jun 2007062.007.55$0
May 2007058.747.85$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 2013 — as filed, then multipliedworked
Gas                   40 Mcf  × $  3.74 =       $150

────────────────────────────────────────────────────
Month total                                     $150

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/238687 is the state's own key, not one this site invented.