SHOEBAR RANCH

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 238881District 09Field 65280200CondensateGasSaveExport
Value, all time
$2.2 M
Dec 2007 – Apr 2024
Value, last 12 filed months
$28 k
at the published price for each month
Months reported
197
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
CondensateDisposition3,945 bbl$280,939
GasProduction441,989 Mcf$1,884,774
Total$2,165,713

Every month this lease reported (197)

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

197 months

Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 202401,10576.091.78$1,971
Jan 2024781,00973.023.30$9,023
Dec 202301,03271.262.61$2,694
Nov 2023055577.892.81$1,558
Oct 202301,13685.443.09$3,507
Sep 202301,08889.042.74$2,976
Aug 202301,12080.522.67$2,994
Jul 2023057674.852.64$1,522
Jun 2023055768.962.26$1,258
May 2023030770.622.23$684
Apr 2023029278.122.24$653
Mar 2023030672.852.39$732
Feb 20230075.112.47$0
Jan 20239648276.533.39$8,980
Dec 20220076.415.73$0
Nov 2022039185.005.65$2,208
Oct 2022026787.185.86$1,566
Sep 20222084.888.16$170
Aug 2022016494.529.13$1,497
Jul 20220350101.587.54$2,640
Jun 20220927115.097.98$7,395
May 202201,261109.378.43$10,634
Apr 20220273104.226.84$1,867
Mar 20220543108.885.08$2,756
Feb 2022085191.054.86$4,135
Jan 202201,27681.844.54$5,790
Dec 202101,03771.323.90$4,043
Nov 202101,87877.435.24$9,835
Oct 202102,45479.795.71$14,022
Sep 202102,14969.865.35$11,499
Aug 202101,78366.024.22$7,525
Jul 202102,02270.783.98$8,052
Jun 202102,04669.493.38$6,917
May 202102,68363.483.02$8,096
Apr 202122,78660.362.76$7,806
Mar 202102,15561.302.72$5,855
Feb 202101,71957.805.55$9,537
Jan 202102,96850.412.81$8,341
Dec 2020621,05644.642.68$5,593
Nov 202002,29238.772.71$6,203
Oct 202002,27736.972.48$5,643
Sep 202001,49237.091.99$2,971
Aug 202001,03439.982.39$2,466
Jul 2020066638.371.83$1,216
Jun 2020097134.901.69$1,641
May 202001,45016.921.81$2,631
Apr 2020621,21114.751.80$3,100
Mar 202001,34530.341.86$2,497
Feb 202001,09649.881.98$2,171
Jan 202002,03457.252.09$4,261
Dec 2019059059.012.30$1,360
Nov 201901,20755.302.75$3,320
Oct 2019093453.472.42$2,259
Sep 201901,06855.052.66$2,838
Aug 201901,46153.112.30$3,367
Jul 2019023056.272.46$566
Jun 20196456052.782.49$4,773
May 201902,41158.482.74$6,607
Apr 2019088862.632.75$2,443
Mar 2019082756.803.06$2,532
Feb 201902,16150.852.79$6,034
Jan 2019681,15546.033.23$6,859
Dec 2018057546.594.19$2,407
Nov 201802,59652.934.24$11,000
Oct 201802,31461.443.40$7,863
Sep 201802,28559.543.11$7,102
Aug 201831,71259.403.07$5,428
Jul 201801,59365.142.93$4,670
Jun 201801,98860.183.08$6,117
May 2018201,92465.382.90$6,889
Apr 201801,90863.842.90$5,535
Mar 201801,49861.222.79$4,175
Feb 201801,25861.782.77$3,480
Jan 201801,29662.874.01$5,196
Dec 2017381,11957.272.92$5,445
Nov 201701,49155.423.12$4,649
Oct 201701,90049.292.98$5,669
Sep 201701,73047.523.09$5,341
Aug 201701,92945.373.00$5,795
Jul 2017432,46243.873.09$9,487
Jun 201709442.493.09$290
May 201701145.373.26$36
Apr 201708547.933.21$273
Mar 2017141246.772.98$1,276
Feb 201711,29650.452.95$3,877
Jan 201701,46549.413.42$5,009
Dec 201601,46048.763.72$5,435
Nov 2016321,67842.492.64$5,797
Oct 201602,20146.193.09$6,802
Sep 201602,38541.553.10$7,395
Aug 201602,30341.442.92$6,735
Jul 2016422,02641.622.92$7,673
Jun 201601,62245.352.69$4,356
May 201602,65842.521.99$5,292
Apr 201601,54736.561.99$3,080
Mar 2016291,40633.011.79$3,480
Feb 201602,01226.472.06$4,152
Jan 201602,33627.352.36$5,523
Dec 201512,28632.362.00$4,608
Nov 201502,19538.792.17$4,757
Oct 201501,69243.552.43$4,106
Sep 2015411,70742.992.76$6,471
Aug 201501,95740.162.87$5,621
Jul 2015331,80848.152.95$6,914
Jun 201501,86256.152.88$5,368
May 2015080055.212.96$2,364
Apr 2015652,02549.822.71$8,719
Mar 201511,98442.892.93$5,865
Feb 201501,39344.662.98$4,146
Jan 201501,03843.433.10$3,218
Dec 2014402,61254.693.59$11,568
Nov 201402,51770.464.25$10,702
Oct 201402,64378.303.90$10,310
Sep 201402,53186.164.05$10,239
Aug 201402,64489.394.04$10,669
Jul 2014522,50896.564.18$15,504
Jun 201402,42798.164.74$11,496
May 201402,63994.734.73$12,473
Apr 201402,43495.944.81$11,705
Mar 201402,69695.895.06$13,633
Feb 2014752,23797.406.19$21,157
Jan 201402,48090.404.86$12,055
Dec 201302,23991.824.35$9,750
Nov 201302,36388.853.74$8,834
Oct 201301,93397.423.78$7,306
Sep 20131202,421104.113.72$21,494
Aug 201303,170104.253.52$11,167
Jul 201303,112102.523.72$11,570
Jun 201302,56994.403.93$10,105
May 201302,96894.834.15$12,314
Apr 201303,08593.964.28$13,212
Mar 201302,59393.623.91$10,146
Feb 201302,31191.233.42$7,903
Jan 201302,55191.603.42$8,724
Dec 20121732,56386.773.42$23,777
Nov 201202,47686.953.62$8,975
Oct 201202,62189.383.40$8,911
Sep 201201,97794.672.92$5,770
Aug 201202,82092.662.91$8,201
Jul 201202,67185.133.02$8,069
Jun 2012021379.822.52$537
May 20121722,91691.612.49$23,013
Apr 201202,624101.652.00$5,240
Mar 20120846105.052.22$1,880
Feb 201201,062101.102.57$2,730
Jan 2012092098.092.73$2,515
Dec 2011079396.873.24$2,569
Nov 201119496295.723.31$21,755
Oct 201101,05084.983.65$3,831
Sep 2011091383.623.99$3,639
Aug 2011098083.404.15$4,066
Jul 2011090994.144.52$4,106
Jun 2011098592.904.64$4,570
May 20111671,03298.134.40$20,933
Apr 20110745105.964.33$3,228
Mar 20112841,33196.364.06$32,767
Feb 2011193185.644.18$3,977
Jan 20111631,17386.504.59$19,482
Dec 2010092785.734.35$4,030
Nov 201021,52380.843.80$5,942
Oct 20101703,75878.103.51$26,463
Sep 201004,79772.633.98$19,090
Aug 201004,11773.684.42$18,195
Jul 201003,60972.554.74$17,094
Jun 20101564,28670.364.91$32,022
May 201005,06571.124.24$21,451
Apr 201003,33381.694.12$13,741
Mar 201005,22978.394.39$22,948
Feb 20101655,67973.585.44$43,048
Jan 2010325,44674.365.96$34,860
Dec 200905,33971.445.48$29,278
Nov 20091085,93674.593.75$30,325
Oct 20091756,70172.544.11$40,237
Sep 2009255,67865.543.06$19,040
Aug 200904,43367.423.22$14,268
Jul 200905,27661.133.46$18,279
Jun 20091644,51566.163.90$28,436
May 200905,66354.743.93$22,232
Apr 20091725,97946.773.59$29,494
Mar 2009012,91942.144.06$52,438
Feb 20091788,24732.814.63$44,049
Jan 200909,70835.865.37$52,142
Dec 200807,14837.105.98$42,725
Nov 20083739,28355.496.86$84,382
Oct 2008015,36075.246.92$106,322
Sep 2008014,846101.767.88$116,943
Aug 2008018,707114.228.48$158,692
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
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

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.

Feb 2024 — as filed, then multipliedworked
Condensate             0 bbl  × $ 76.09 =         $0
Gas                1,105 Mcf  × $  1.78 =     $1,971

────────────────────────────────────────────────────
Month total                                   $1,971

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/238881 is the state's own key, not one this site invented.