KILLER BEE

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 240138District 09Field 65280200CondensateGasSaveExport
Value, all time
$1.4 M
Jun 2008 – Sep 2013
Value, last 12 filed months
$0
at the published price for each month
Months reported
64
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
CondensateDisposition1,058 bbl$85,149
GasProduction207,243 Mcf$1,311,177
Total$1,396,326

Every month this lease reported (64)

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

64 months

Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
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 2012134091.612.49$12,276
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 201202,34798.092.73$6,417
Dec 201101,09896.873.24$3,557
Nov 201101,88695.723.31$6,245
Oct 201101,44484.983.65$5,268
Sep 201102,78083.623.99$11,081
Aug 201102,32383.404.15$9,639
Jul 201102,83494.144.52$12,802
Jun 201102,43692.904.64$11,303
May 201101,27398.134.40$5,607
Apr 20110903105.964.33$3,913
Mar 201101,83396.364.06$7,437
Feb 201101,34185.644.18$5,605
Jan 201102,25286.504.59$10,334
Dec 201002,20485.734.35$9,582
Nov 201002,44580.843.80$9,280
Oct 201001,08378.103.51$3,800
Sep 201003,41572.633.98$13,590
Aug 201005,04573.684.42$22,296
Jul 201001,27272.554.74$6,025
Jun 201003,09370.364.91$15,188
May 201002,98371.124.24$12,634
Apr 20101452,54181.694.12$22,321
Mar 201002,74278.394.39$12,034
Feb 201002,97473.585.44$16,186
Jan 201002,71074.365.96$16,163
Dec 200903,06671.445.48$16,813
Nov 200904,94174.593.75$18,536
Oct 200904,91172.544.11$20,185
Sep 200904,53265.543.06$13,889
Aug 200906,16567.423.22$19,842
Jul 200906,13161.133.46$21,241
Jun 200906,88166.163.90$26,802
May 200904,81554.743.93$18,902
Apr 200915,30846.773.59$19,089
Mar 20093275,69442.144.06$36,892
Feb 200955,62432.814.63$26,220
Jan 200907,21835.865.37$38,768
Dec 200807,55537.105.98$45,157
Nov 20081093,10255.496.86$27,329
Oct 2008611,90275.246.92$82,837
Sep 200809,734101.767.88$76,676
Aug 200816916,306114.228.48$157,627
Jul 200816219,953131.0811.39$248,488
Jun 2008016,148131.3313.03$210,451

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 2012 — as filed, then multipliedworked
Condensate           134 bbl  × $ 91.61 =    $12,276
Gas                    0 Mcf  × $  2.49 =         $0

────────────────────────────────────────────────────
Month total                                  $12,276

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/240138 is the state's own key, not one this site invented.