KATE

Operated by ARRINGTON OIL&GAS OPERATING LLC (P-5 33149) 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 239740District 09Field 65280200CondensateGasSaveExport
Value, all time
$587 k
Jun 2008 – Mar 2013
Value, last 12 filed months
$0
at the published price for each month
Months reported
58
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 bbl$55
GasProduction76,620 Mcf$586,738
Total$586,793

Every month this lease reported (58)

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

58 months

Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
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 20100871.124.24$34
Apr 20100081.694.12$0
Mar 20100778.394.39$31
Feb 2010042773.585.44$2,324
Jan 2010069774.365.96$4,157
Dec 200901,34671.445.48$7,381
Nov 200901,16974.593.75$4,386
Oct 200902,11172.544.11$8,677
Sep 200901,71065.543.06$5,241
Aug 200901,08367.423.22$3,486
Jul 200902,29861.133.46$7,961
Jun 200901,25866.163.90$4,900
May 200902,07754.743.93$8,154
Apr 200902,29046.773.59$8,215
Mar 200902,35742.144.06$9,567
Feb 200902,29632.814.63$10,637
Jan 200902,97935.865.37$16,000
Dec 200805,84037.105.98$34,907
Nov 200813,65955.496.86$25,158
Oct 200808,08375.246.92$55,950
Sep 200802,997101.767.88$23,608
Aug 200807,968114.228.48$67,593
Jul 2008020,590131.0811.39$234,508
Jun 200803,370131.3313.03$43,920

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 2010 — as filed, then multipliedworked
Condensate             0 bbl  × $ 71.12 =         $0
Gas                    8 Mcf  × $  4.24 =        $34

────────────────────────────────────────────────────
Month total                                      $34

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/239740 is the state's own key, not one this site invented.