MITCHELL

Operated by SOMERSET OPERATING, LLC (P-5 101481) 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 240015District 09Field 65280200CondensateGasSaveExport
Value, all time
$5.5 M
Oct 2005 – May 2026
Value, last 12 filed months
$15 k
at the published price for each month
Months reported
248
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
CondensateDisposition2,260 bbl$139,887
GasProduction922,073 Mcf$5,379,792
Total$5,519,679

Every month this lease reported (248)

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

248 months

May 202600106.413.05$0
Apr 202601,04998.932.87$3,010
Mar 202601,23589.753.15$3,890
Feb 2026065463.503.75$2,453
Jan 2026042559.138.00$3,399
Dec 2025036756.664.41$1,620
Nov 202509858.593.93$385
Oct 202501559.383.30$50
Sep 202501062.743.08$31
Aug 202501563.933.01$45
Jul 202509866.743.32$325
Jun 202502666.483.13$81
May 202502560.553.23$81
Apr 202501062.363.54$35
Mar 202501067.704.27$43
Feb 202502870.884.34$122
Jan 202503574.324.28$150
Dec 202403068.993.12$94
Nov 202401069.052.20$22
Oct 202401071.372.28$23
Sep 20240769.612.36$17
Aug 202401275.632.06$25
Jul 202401279.932.15$26
Jun 202401078.082.63$26
May 202401078.812.20$22
Apr 20240084.451.66$0
Mar 202401080.301.55$15
Feb 202401076.091.78$18
Jan 202401073.023.30$33
Dec 202301071.262.61$26
Nov 202301077.892.81$28
Oct 202301085.443.09$31
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 202301075.112.47$25
Jan 202301076.533.39$34
Dec 202201076.415.73$57
Nov 202201085.005.65$56
Oct 202201587.185.86$88
Sep 202201084.888.16$82
Aug 202201094.529.13$91
Jul 2022010101.587.54$75
Jun 2022010115.097.98$80
May 2022010109.378.43$84
Apr 2022010104.226.84$68
Mar 2022010108.885.08$51
Feb 202201091.054.86$49
Jan 202201581.844.54$68
Dec 202101571.323.90$58
Nov 20210577.435.24$26
Oct 20210579.795.71$29
Sep 20210569.865.35$27
Aug 202101066.024.22$42
Jul 202101070.783.98$40
Jun 202101069.493.38$34
May 202101063.483.02$30
Apr 202101060.362.76$28
Mar 202101061.302.72$27
Feb 202101057.805.55$55
Jan 202101050.412.81$28
Dec 202001044.642.68$27
Nov 202001038.772.71$27
Oct 20200536.972.48$12
Sep 20200537.091.99$10
Aug 20200539.982.39$12
Jul 20200538.371.83$9
Jun 20200534.901.69$8
May 20200516.921.81$9
Apr 20200514.751.80$9
Mar 202001030.341.86$19
Feb 202001049.881.98$20
Jan 202001057.252.09$21
Dec 201901059.012.30$23
Nov 20190055.302.75$0
Oct 20190353.472.42$7
Sep 20190055.052.66$0
Aug 201901553.112.30$35
Jul 201901556.272.46$37
Jun 201901552.782.49$37
May 201901558.482.74$41
Apr 201901062.632.75$28
Mar 2019050556.803.06$1,546
Feb 2019078850.852.79$2,200
Jan 201901,07246.033.23$3,461
Dec 201802,63146.594.19$11,012
Nov 201801,05752.934.24$4,479
Oct 201801,22061.443.40$4,146
Sep 201801,24059.543.11$3,854
Aug 201801,25059.403.07$3,833
Jul 201801,29465.142.93$3,794
Jun 201802,34760.183.08$7,222
May 201801,46565.382.90$4,250
Apr 201801,58463.842.90$4,595
Mar 201802,63561.222.79$7,343
Feb 201801,26261.782.77$3,491
Jan 201801,25562.874.01$5,032
Dec 201701,60857.272.92$4,698
Nov 201701,79455.423.12$5,594
Oct 201701,59249.292.98$4,750
Sep 201701,60947.523.09$4,967
Aug 201701,43445.373.00$4,308
Jul 201701,33043.873.09$4,106
Jun 201701,37142.493.09$4,233
May 201701,59745.373.26$5,212
Apr 2017028847.933.21$925
Mar 2017058246.772.98$1,737
Feb 201701,06950.452.95$3,156
Jan 201701,60149.413.42$5,474
Dec 201601,84848.763.72$6,880
Nov 201601,70742.492.64$4,514
Oct 201601,13546.193.09$3,507
Sep 2016090541.553.10$2,806
Aug 201601,12741.442.92$3,296
Jul 2016090241.622.92$2,638
Jun 201601,00045.352.69$2,686
May 2016089642.521.99$1,784
Apr 2016099836.561.99$1,987
Mar 201601,04633.011.79$1,877
Feb 2016099626.472.06$2,055
Jan 2016093227.352.36$2,204
Dec 2015421,06932.362.00$3,499
Nov 201501,08838.792.17$2,358
Oct 201501,02243.552.43$2,480
Sep 2015099742.992.76$2,750
Aug 201501,06240.162.87$3,051
Jul 201501,56248.152.95$4,600
Jun 201501,83556.152.88$5,290
May 201502,10355.212.96$6,215
Apr 201501,81749.822.71$4,918
Mar 201501,41542.892.93$4,153
Feb 2015012744.662.98$378
Jan 2015048543.433.10$1,504
Dec 2014042454.693.59$1,523
Nov 2014062270.464.25$2,645
Oct 201401,33678.303.90$5,212
Sep 201401,63686.164.05$6,618
Aug 201401,89989.394.04$7,663
Jul 201402,75896.564.18$11,527
Jun 201402,31998.164.74$10,985
May 201403,10994.734.73$14,695
Apr 201402,90995.944.81$13,990
Mar 201402,54095.895.06$12,844
Feb 201403,61697.406.19$22,390
Jan 201403,78890.404.86$18,412
Dec 201303,88291.824.35$16,904
Nov 201303,05988.853.74$11,435
Oct 201303,85597.423.78$14,569
Sep 201303,692104.113.72$13,726
Aug 201303,408104.253.52$12,005
Jul 201303,565102.523.72$13,254
Jun 201303,51394.403.93$13,818
May 201303,53994.834.15$14,684
Apr 201303,83093.964.28$16,402
Mar 201303,67893.623.91$14,392
Feb 201303,42591.233.42$11,713
Jan 201303,63991.603.42$12,445
Dec 201203,57586.773.42$12,227
Nov 201203,84586.953.62$13,938
Oct 201204,36989.383.40$14,853
Sep 201203,80994.672.92$11,116
Aug 201203,97592.662.91$11,560
Jul 201204,17485.133.02$12,609
Jun 2012253,23979.822.52$10,155
May 201204,04891.612.49$10,073
Apr 201203,694101.652.00$7,376
Mar 201203,897105.052.22$8,659
Feb 201203,632101.102.57$9,335
Jan 201203,75498.092.73$10,264
Dec 201103,82196.873.24$12,379
Nov 201105,26995.723.31$17,447
Oct 201103,46284.983.65$12,631
Sep 201104,74283.623.99$18,901
Aug 201105,02083.404.15$20,830
Jul 201104,86894.144.52$21,990
Jun 201104,78892.904.64$22,216
May 201104,81798.134.40$21,218
Apr 201104,710105.964.33$20,410
Mar 201105,12196.364.06$20,778
Feb 201103,87785.644.18$16,206
Jan 201104,66886.504.59$21,420
Dec 201006,22485.734.35$27,060
Nov 201005,11480.843.80$19,409
Oct 201005,53178.103.51$19,408
Sep 201005,94372.633.98$23,650
Aug 201006,83373.684.42$30,197
Jul 20100072.554.74$0
Jun 2010328,45970.364.91$43,789
May 201007,41971.124.24$31,421
Apr 201005,78981.694.12$23,866
Mar 201007,11978.394.39$31,243
Feb 201005,55073.585.44$30,205
Jan 201007,67174.365.96$45,751
Dec 200908,32971.445.48$45,674
Nov 200904,19074.593.75$15,719
Oct 200904,64072.544.11$19,072
Sep 200907,10965.543.06$21,787
Aug 200908,07567.423.22$25,989
Jul 200908,45561.133.46$29,292
Jun 200908,67066.163.90$33,770
May 200909,78954.743.93$38,429
Apr 200905,60946.773.59$20,122
Mar 200904,26542.144.06$17,312
Feb 20091845,07532.814.63$29,550
Jan 200907,34235.865.37$39,434
Dec 200808,91537.105.98$53,286
Nov 200808,32055.496.86$57,078
Oct 200807,11675.246.92$49,257
Sep 200805,954101.767.88$46,900
Aug 200807,493114.228.48$63,563
Jul 200804,213131.0811.39$47,984
Jun 200808,712131.3313.03$113,540
May 200807,612123.1711.57$88,104
Apr 200807,496110.3110.45$78,370
Mar 200807,974101.909.66$77,061
Feb 20081597,98292.538.77$84,719
Jan 200808,47290.388.21$69,519
Dec 200705,29588.337.30$38,664
Nov 200718111,67191.677.29$101,694
Oct 2007012,56382.856.92$86,961
Sep 2007014,85375.846.24$92,745
Aug 2007015,76669.066.39$100,712
Jul 200717915,79770.906.39$113,601
Jun 2007015,99062.007.55$120,700
May 2007016,42858.747.85$128,899
Apr 2007016,25159.617.81$126,842
Mar 2007015,34856.927.30$112,071
Feb 2007013,28355.108.22$109,133
Jan 2007017,01950.306.73$114,484
Dec 2006018,44556.656.92$127,611
Nov 200614917,58654.207.62$142,037
Oct 2006015,81454.906.01$95,102
Sep 2006017,25660.085.04$86,922
Aug 2006024,89668.717.34$182,735
Jul 2006025,84969.376.34$163,954
Jun 200618025,91966.286.38$177,394
May 2006028,33266.016.42$182,033
Apr 200619128,67164.397.36$223,331
Mar 2006031,33756.707.08$221,957
Feb 200618931,63557.597.75$256,091
Jan 2006016560.598.93$1,474
Dec 200538536354.9413.42$26,022
Nov 200536420854.6910.59$22,110
Oct 2005041658.3413.80$5,739

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.

Apr 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $ 98.93 =         $0
Gas                1,049 Mcf  × $  2.87 =     $3,010

────────────────────────────────────────────────────
Month total                                   $3,010

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/240015 is the state's own key, not one this site invented.