EDWARDS SE UNIT

Operated by VARGAS ENERGY, LTD. (P-5 882868) 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 239279District 09Field 65280200GasSaveExport
Value, all time
$23.1 M
Apr 2008 – May 2026
Value, last 12 filed months
$580 k
at the published price for each month
Months reported
218
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
GasProduction6,546,461 Mcf$23,071,019
Total$23,071,019

Every month this lease reported (218)

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

218 months

May 202612,630106.413.05$38,469
Apr 202612,32298.932.87$35,361
Mar 202612,77089.753.15$40,218
Feb 20268,33463.503.75$31,255
Jan 202614,19459.138.00$113,522
Dec 202512,91756.664.41$57,007
Nov 202512,98858.593.93$50,997
Oct 202513,52559.383.30$44,698
Sep 202513,16062.743.08$40,492
Aug 202513,62563.933.01$41,076
Jul 202513,77466.743.32$45,664
Jun 202513,09666.483.13$40,974
May 202513,91460.553.23$44,975
Apr 202513,49162.363.54$47,800
Mar 202513,98167.704.27$59,675
Feb 202512,65570.884.34$54,933
Jan 202513,97774.324.28$59,803
Dec 202414,29368.993.12$44,614
Nov 202413,71669.052.20$30,154
Oct 202414,47771.372.28$33,028
Sep 202414,13269.612.36$33,413
Aug 202413,89875.632.06$28,680
Jul 202414,10479.932.15$30,276
Jun 202414,04578.082.63$36,994
May 202415,16178.812.20$33,331
Apr 202415,06284.451.66$24,991
Mar 202415,80880.301.55$24,425
Feb 202415,00676.091.78$26,765
Jan 202416,65573.023.30$54,923
Dec 202316,37871.262.61$42,758
Nov 202315,89877.892.81$44,635
Oct 202316,58985.443.09$51,215
Sep 202316,15689.042.74$44,187
Aug 202317,00580.522.67$45,452
Jul 202317,14774.852.64$45,299
Jun 202316,99968.962.26$38,392
May 202317,91970.622.23$39,913
Apr 202317,90278.122.24$40,060
Mar 202319,14272.852.39$45,810
Feb 20237,71075.112.47$19,010
Jan 20234,09176.533.39$13,859
Dec 202212,97376.415.73$74,323
Nov 202216,54585.005.65$93,416
Oct 202217,42087.185.86$102,147
Sep 202217,47484.888.16$142,652
Aug 202219,95194.529.13$182,096
Jul 20223,592101.587.54$27,091
Jun 202213,659115.097.98$108,961
May 202216,835109.378.43$141,970
Apr 202216,405104.226.84$112,171
Mar 202216,989108.885.08$86,243
Feb 202215,59491.054.86$75,769
Jan 202217,31381.844.54$78,561
Dec 202117,69971.323.90$69,011
Nov 202117,25977.435.24$90,383
Oct 202118,11179.795.71$103,484
Sep 202117,86569.865.35$95,594
Aug 202117,19666.024.22$72,577
Jul 202118,60270.783.98$74,075
Jun 202118,06069.493.38$61,054
May 202118,99263.483.02$57,312
Apr 202118,75760.362.76$51,740
Mar 202120,24961.302.72$55,015
Feb 202116,16457.805.55$89,677
Jan 202119,33650.412.81$54,339
Dec 202019,42644.642.68$51,973
Nov 202019,03038.772.71$51,506
Oct 202019,56136.972.48$48,481
Sep 202019,32537.091.99$38,477
Aug 202020,28439.982.39$48,379
Jul 202020,25738.371.83$36,971
Jun 202019,99334.901.69$33,794
May 202020,79116.921.81$37,730
Apr 202020,33714.751.80$36,696
Mar 202021,11630.341.86$39,196
Feb 202019,99349.881.98$39,600
Jan 202021,62757.252.09$45,303
Dec 201922,02459.012.30$50,751
Nov 201921,57355.302.75$59,341
Oct 201922,33253.472.42$54,011
Sep 201921,91055.052.66$58,221
Aug 201922,78353.112.30$52,500
Jul 201922,31856.272.46$54,904
Jun 201922,23852.782.49$55,399
May 201923,20558.482.74$63,589
Apr 201922,76562.632.75$62,620
Mar 201923,95756.803.06$73,359
Feb 201921,68750.852.79$60,555
Jan 201923,95346.033.23$77,325
Dec 201825,07346.594.19$104,942
Nov 201823,69352.934.24$100,393
Oct 201824,50561.443.40$83,270
Sep 201823,83259.543.11$74,070
Aug 201825,56259.403.07$78,387
Jul 201826,09565.142.93$76,507
Jun 201825,64060.183.08$78,892
May 201826,35365.382.90$76,445
Apr 201826,35063.842.90$76,436
Mar 201827,24161.222.79$75,916
Feb 201825,11461.782.77$69,468
Jan 201827,77762.874.01$111,367
Dec 201728,80057.272.92$84,140
Nov 201728,28855.423.12$88,212
Oct 201727,98749.292.98$83,504
Sep 201727,90847.523.09$86,160
Aug 201729,34045.373.00$88,149
Jul 201729,94443.873.09$92,446
Jun 201729,34942.493.09$90,609
May 201730,73845.373.26$100,310
Apr 201730,46947.933.21$97,854
Mar 201731,95746.772.98$95,349
Feb 201729,53750.452.95$87,211
Jan 201733,49249.413.42$114,502
Dec 201634,30648.763.72$127,715
Nov 201633,06942.492.64$87,446
Oct 201634,87146.193.09$107,760
Sep 201634,71141.553.10$107,626
Aug 201636,71741.442.92$107,373
Jul 201637,35841.622.92$109,247
Jun 201634,95145.352.69$93,872
May 201629,29942.521.99$58,335
Apr 201628,57836.561.99$56,900
Mar 201629,99233.011.79$53,806
Feb 201628,39826.472.06$58,603
Jan 201630,45327.352.36$72,002
Dec 201531,05232.362.00$62,148
Nov 201530,35538.792.17$65,789
Oct 201531,66943.552.43$76,847
Sep 201531,11742.992.76$85,834
Aug 201532,39040.162.87$93,040
Jul 201535,23248.152.95$103,761
Jun 201536,64156.152.88$105,631
May 201538,73055.212.96$114,465
Apr 201538,16049.822.71$103,283
Mar 201538,54442.892.93$113,115
Feb 201533,54344.662.98$99,830
Jan 201533,56143.433.10$104,060
Dec 201432,70954.693.59$117,470
Nov 201432,44070.464.25$137,930
Oct 201436,76978.303.90$143,434
Sep 201437,50986.164.05$151,740
Aug 201439,23089.394.04$158,298
Jul 201439,65396.564.18$165,734
Jun 201438,60598.164.74$182,867
May 201439,85994.734.73$188,396
Apr 201439,40095.944.81$189,479
Mar 201441,35195.895.06$209,104
Feb 201438,13897.406.19$236,151
Jan 201443,67990.404.86$212,311
Dec 201342,33591.824.35$184,347
Nov 201344,28688.853.74$165,553
Oct 201343,05897.423.78$162,732
Sep 201341,996104.113.72$156,130
Aug 201346,417104.253.52$163,509
Jul 201346,579102.523.72$173,169
Jun 201346,70594.403.93$183,710
May 201349,32494.834.15$204,649
Apr 201348,51293.964.28$207,757
Mar 201350,11493.623.91$196,090
Feb 201346,48691.233.42$158,978
Jan 201352,38491.603.42$179,149
Dec 201253,50686.773.42$182,999
Nov 201251,87286.953.62$188,034
Oct 201255,52189.383.40$188,754
Sep 201252,14894.672.92$152,189
Aug 201261,94892.662.91$180,155
Jul 201264,30185.133.02$194,240
Jun 201261,06779.822.52$153,830
May 201264,72991.612.49$161,066
Apr 201264,583101.652.00$128,959
Mar 201267,838105.052.22$150,741
Feb 201266,875101.102.57$171,885
Jan 201270,86198.092.73$193,740
Dec 201176,36496.873.24$247,400
Nov 201179,09895.723.31$261,916
Oct 201182,95484.983.65$302,661
Sep 201192,40783.623.99$368,316
Aug 201192,56883.404.15$384,094
Jul 2011106,91994.144.52$482,979
Jun 2011112,86692.904.64$523,685
May 2011108,73098.134.40$478,936
Apr 2011114,037105.964.33$494,154
Mar 2011129,09596.364.06$523,782
Feb 201194,01285.644.18$392,968
Jan 2011131,87886.504.59$605,159
Dec 2010137,43585.734.35$597,533
Nov 2010143,31480.843.80$543,924
Oct 2010146,09778.103.51$512,638
Sep 2010128,96772.633.98$513,220
Aug 201052,02173.684.42$229,900
Jul 2010072.554.74$0
Jun 2010070.364.91$0
May 2010071.124.24$0
Apr 2010081.694.12$0
Mar 2010078.394.39$0
Feb 2010073.585.44$0
Jan 2010074.365.96$0
Dec 2009071.445.48$0
Nov 2009074.593.75$0
Oct 2009072.544.11$0
Sep 2009065.543.06$0
Aug 2009067.423.22$0
Jul 2009061.133.46$0
Jun 2009066.163.90$0
May 2009054.743.93$0
Apr 2009046.773.59$0
Mar 2009042.144.06$0
Feb 2009032.814.63$0
Jan 2009035.865.37$0
Dec 2008037.105.98$0
Nov 2008055.496.86$0
Oct 2008075.246.92$0
Sep 20080101.767.88$0
Aug 20080114.228.48$0
Jul 20080131.0811.39$0
Jun 20080131.3313.03$0
May 20080123.1711.57$0
Apr 20080110.3110.45$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.

May 2026 — as filed, then multipliedworked
Gas               12,630 Mcf  × $  3.05 =    $38,469

────────────────────────────────────────────────────
Month total                                  $38,469

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/239279 is the state's own key, not one this site invented.