FRY UNIT

Operated by QUICKSILVER RESOURCES INC. (P-5 684830) 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 240823District 09Field 65280200GasSaveExport
Value, all time
$480 k
Sep 2006 – Jul 2010
Value, last 12 filed months
$0
at the published price for each month
Months reported
47
no gaps in the span
Streams
1
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
GasProduction61,738 Mcf$480,032
Total$480,032

Every month this lease reported (47)

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

47 months

Jul 2010072.554.74$0
Jun 2010070.364.91$0
May 2010071.124.24$0
Apr 2010081.694.12$0
Mar 2010078.394.39$0
Feb 2010073.585.44$0
Jan 2010074.365.96$0
Dec 2009071.445.48$0
Nov 2009074.593.75$0
Oct 2009072.544.11$0
Sep 2009065.543.06$0
Aug 2009067.423.22$0
Jul 2009061.133.46$0
Jun 2009066.163.90$0
May 20091,51954.743.93$5,963
Apr 20091,26646.773.59$4,542
Mar 20091,23542.144.06$5,013
Feb 2009032.814.63$0
Jan 2009035.865.37$0
Dec 2008037.105.98$0
Nov 200871855.496.86$4,926
Oct 20084,04475.246.92$27,992
Sep 20089,271101.767.88$73,029
Aug 20087,846114.228.48$66,558
Jul 2008502131.0811.39$5,717
Jun 20081,895131.3313.03$24,697
May 20082,806123.1711.57$32,477
Apr 20082,257110.3110.45$23,597
Mar 20080101.909.66$0
Feb 2008092.538.77$0
Jan 200835890.388.21$2,938
Dec 200794588.337.30$6,900
Nov 20071,37991.677.29$10,055
Oct 200726682.856.92$1,841
Sep 2007075.846.24$0
Aug 2007069.066.39$0
Jul 200725870.906.39$1,648
Jun 200786362.007.55$6,514
May 20078,63458.747.85$67,745
Apr 2007059.617.81$0
Mar 20078,71356.927.30$63,622
Feb 20071,30755.108.22$10,738
Jan 20071,03850.306.73$6,982
Dec 200699256.656.92$6,863
Nov 2006054.207.62$0
Oct 20061,44254.906.01$8,672
Sep 20062,18460.085.04$11,001

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 2009 — as filed, then multipliedworked
Gas                1,519 Mcf  × $  3.93 =     $5,963

────────────────────────────────────────────────────
Month total                                   $5,963

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/240823 is the state's own key, not one this site invented.