COUNTRY CORNERS UNIT

Operated by ENERVEST OPERATING, L.L.C. (P-5 252131) 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 239851District 09Field 65280200CondensateGasSaveExport
Value, all time
$2.2 M
May 2008 – Feb 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
CondensateDisposition15 bbl$1,061
GasProduction359,187 Mcf$2,232,222
Total$2,233,283

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

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 201007178.103.51$249
Sep 201004872.633.98$191
Aug 2010042073.684.42$1,856
Jul 2010040472.554.74$1,914
Jun 2010759070.364.91$3,390
May 2010842371.124.24$2,360
Apr 2010043781.694.12$1,802
Mar 20100078.394.39$0
Feb 20100573.585.44$27
Jan 2010023174.365.96$1,378
Dec 2009039771.445.48$2,177
Nov 200904,25274.593.75$15,951
Oct 2009017,03172.544.11$70,002
Sep 2009011,73465.543.06$35,962
Aug 2009012,35267.423.22$39,755
Jul 200909,94361.133.46$34,448
Jun 2009014,24266.163.90$55,473
May 2009014,77154.743.93$57,987
Apr 2009017,83046.773.59$63,965
Mar 200904,15542.144.06$16,865
Feb 2009021,10532.814.63$97,779
Jan 2009023,12735.865.37$124,215
Dec 2008031,78737.105.98$189,995
Nov 2008035,34155.496.86$242,452
Oct 2008044,78275.246.92$309,980
Sep 2008044,189101.767.88$348,081
Aug 2008024,479114.228.48$207,656
Jul 20080390131.0811.39$4,442
Jun 2008012,078131.3313.03$157,408
May 2008012,573123.1711.57$145,524

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.

Oct 2010 — as filed, then multipliedworked
Condensate             0 bbl  × $ 78.10 =         $0
Gas                   71 Mcf  × $  3.51 =       $249

────────────────────────────────────────────────────
Month total                                     $249

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/239851 is the state's own key, not one this site invented.