NIX

Operated by XTO ENERGY INC. (P-5 945936) 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 240615District 09Field 65280200CondensateGasSaveExport
Value, all time
$2.9 M
Mar 2006 – Dec 2020
Value, last 12 filed months
$0
at the published price for each month
Months reported
178
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
CondensateDisposition2,986 bbl$229,550
GasProduction471,427 Mcf$2,709,040
Total$2,938,590

Every month this lease reported (178)

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

178 months

Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20151155355.212.96$2,242
Apr 20151196649.822.71$3,163
Mar 201551,92542.892.93$5,864
Feb 201502,20244.662.98$6,554
Jan 201502,80643.433.10$8,700
Dec 201401,75354.693.59$6,296
Nov 201401,79770.464.25$7,641
Oct 201402,37478.303.90$9,261
Sep 201402,20486.164.05$8,916
Aug 201402,48289.394.04$10,015
Jul 201402,36196.564.18$9,868
Jun 201402,08798.164.74$9,886
May 2014045894.734.73$2,165
Apr 2014040395.944.81$1,938
Mar 2014050695.895.06$2,559
Feb 2014028097.406.19$1,734
Jan 20140090.404.86$0
Dec 201363391.824.35$5,798
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201301,053104.253.52$3,709
Jul 201302,439102.523.72$9,068
Jun 201302,07894.403.93$8,174
May 201301,77194.834.15$7,348
Apr 201302,02593.964.28$8,672
Mar 201302,41893.623.91$9,461
Feb 201301,85491.233.42$6,341
Jan 20131512,34491.603.42$21,848
Dec 201202,19786.773.42$7,514
Nov 201201,38686.953.62$5,024
Oct 201202,07189.383.40$7,041
Sep 201202,99094.672.92$8,726
Aug 201203,11892.662.91$9,068
Jul 201202,93385.133.02$8,860
Jun 201203,27079.822.52$8,237
May 201201,88291.612.49$4,683
Apr 201202,789101.652.00$5,569
Mar 20121623,119105.052.22$23,949
Feb 201202,881101.102.57$7,405
Jan 201203,44298.092.73$9,411
Dec 201103,69296.873.24$11,961
Nov 201103,31495.723.31$10,974
Oct 201103,43184.983.65$12,518
Sep 201103,56283.623.99$14,197
Aug 20111404,83083.404.15$31,717
Jul 201103,82694.144.52$17,283
Jun 201103,89592.904.64$18,072
May 201103,84698.134.40$16,941
Apr 20111693,693105.964.33$33,910
Mar 201103,94296.364.06$15,994
Feb 2011113,20185.644.18$14,322
Jan 201134,49786.504.59$20,895
Dec 201093,07485.734.35$14,137
Nov 201093,46980.843.80$13,894
Oct 20101634,63178.103.51$28,980
Sep 201004,28772.633.98$17,060
Aug 201004,53273.684.42$20,029
Jul 201004,20372.554.74$19,907
Jun 20101634,79370.364.91$35,004
May 201003,48771.124.24$14,768
Apr 201004,79381.694.12$19,760
Mar 201004,31178.394.39$18,920
Feb 201004,10173.585.44$22,319
Jan 20101624,27574.365.96$37,543
Dec 200904,54371.445.48$24,913
Nov 200904,73374.593.75$17,756
Oct 20091665,83772.544.11$36,033
Sep 200905,89165.543.06$18,054
Aug 200905,39267.423.22$17,354
Jul 2009031361.133.46$1,084
Jun 20091504,78766.163.90$28,569
May 200905,97654.743.93$23,460
Apr 200904,81646.773.59$17,277
Mar 200906,37842.144.06$25,888
Feb 20091705,38732.814.63$30,536
Jan 200905,78835.865.37$31,087
Dec 200805,57837.105.98$33,340
Nov 20081806,17555.496.86$52,351
Oct 200807,73675.246.92$53,548
Sep 200805,366101.767.88$42,268
Aug 200807,084114.228.48$60,094
Jul 20081786,963131.0811.39$102,637
Jun 20080357131.3313.03$4,653
May 200805,445123.1711.57$63,022
Apr 200805,244110.3110.45$54,825
Mar 20081626,285101.909.66$77,246
Feb 200805,30892.538.77$46,554
Jan 200805,40690.388.21$44,360
Dec 200706,55088.337.30$47,828
Nov 200705,10391.677.29$37,210
Oct 200704,59982.856.92$31,834
Sep 200704,55275.846.24$28,423
Aug 200703,24869.066.39$20,748
Jul 200705,55070.906.39$35,453
Jun 200704,96062.007.55$37,440
May 200704,31558.747.85$33,857
Apr 200704,31559.617.81$33,679
Mar 2007175,60356.927.30$41,881
Feb 20071714,58955.108.22$120,800
Jan 2007012,59750.306.73$84,738
Dec 200608,91056.656.92$61,643
Nov 200605,68054.207.62$43,267
Oct 200606,11254.906.01$36,756
Sep 200607,04860.085.04$35,502
Aug 2006176,32768.717.34$47,608
Jul 200609,61069.376.34$60,954
Jun 20066110,51566.286.38$71,170
May 200612813,35866.016.42$94,274
Apr 200616616,93664.397.36$135,346
Mar 200634215,25756.707.08$127,456

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 2015 — as filed, then multipliedworked
Condensate            11 bbl  × $ 55.21 =       $607
Gas                  553 Mcf  × $  2.96 =     $1,634

────────────────────────────────────────────────────
Month total                                   $2,242

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/240615 is the state's own key, not one this site invented.