RIEBE

Operated by TRACER OPERATING, INC. (P-5 863965) 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 241311District 09Field 65280200CondensateGasSave
Value, all time
$371 k
May 2008 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
217
no gaps in the span
Streams
2
condensate, gas

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
CondensateDisposition521 bbl$40,482
GasProduction66,921 Mcf$330,891
Total$371,373

Every month this lease reported (217)

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

217 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
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 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
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 20200130.341.86$2
Feb 2020016549.881.98$327
Jan 2020035157.252.09$735
Dec 2019071359.012.30$1,643
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 20169041.622.92$375
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 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140170.464.25$4
Oct 2014024878.303.90$967
Sep 20142461386.164.05$4,548
Aug 201401189.394.04$44
Jul 2014035096.564.18$1,463
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 201403895.944.81$183
Mar 2014066895.895.06$3,378
Feb 2014021797.406.19$1,344
Jan 2014019090.404.86$924
Dec 20130091.824.35$0
Nov 2013061588.853.74$2,299
Oct 2013061597.423.78$2,324
Sep 20130686104.113.72$2,550
Aug 20130571104.253.52$2,011
Jul 20130385102.523.72$1,431
Jun 2013056694.403.93$2,226
May 20133157594.834.15$5,325
Apr 2013048293.964.28$2,064
Mar 2013059593.623.91$2,328
Feb 2013061291.233.42$2,093
Jan 20130091.603.42$0
Dec 2012059086.773.42$2,018
Nov 2012044386.953.62$1,606
Oct 2012055689.383.40$1,890
Sep 2012075094.672.92$2,189
Aug 20125195392.662.91$7,497
Jul 2012085085.133.02$2,568
Jun 2012077479.822.52$1,950
May 2012091391.612.49$2,272
Apr 20120896101.652.00$1,789
Mar 201201,085105.052.22$2,411
Feb 20120901101.102.57$2,316
Jan 2012078498.092.73$2,144
Dec 2011093096.873.24$3,013
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 2011024483.623.99$973
Aug 2011059183.404.15$2,452
Jul 2011090494.144.52$4,084
Jun 201101,15792.904.64$5,368
May 201101,19698.134.40$5,268
Apr 20110826105.964.33$3,579
Mar 2011811,18196.364.06$12,597
Feb 201101,16185.644.18$4,853
Jan 2011089886.504.59$4,121
Dec 201001,18185.734.35$5,135
Nov 201001,04480.843.80$3,962
Oct 201001,40878.103.51$4,941
Sep 201001,35472.633.98$5,388
Aug 201001,12173.684.42$4,954
Jul 201001,16172.554.74$5,499
Jun 201001,25470.364.91$6,158
May 2010094971.124.24$4,019
Apr 201010289681.694.12$12,026
Mar 201001,01078.394.39$4,433
Feb 2010085673.585.44$4,659
Jan 201001,00674.365.96$6,000
Dec 2009080471.445.48$4,409
Nov 2009085674.593.75$3,211
Oct 200901,13372.544.11$4,657
Sep 200901,01965.543.06$3,123
Aug 200901,08467.423.22$3,489
Jul 200901,10961.133.46$3,842
Jun 200901,14766.163.90$4,468
May 20091241,14254.743.93$11,271
Apr 200901,00346.773.59$3,598
Mar 200901,14542.144.06$4,648
Feb 200901,15532.814.63$5,351
Jan 200901,47635.865.37$7,928
Dec 2008030537.105.98$1,823
Nov 200801,10755.496.86$7,594
Oct 2008991,65375.246.92$18,891
Sep 200802,131101.767.88$16,786
Aug 200802,710114.228.48$22,989
Jul 200802,140131.0811.39$24,373
Jun 200801,937131.3313.03$25,244
May 20080774123.1711.57$8,959

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.

Mar 2020 — as filed, then multipliedworked
Condensate             0 bbl  × $ 30.34 =         $0
Gas                    1 Mcf  × $  1.86 =         $2

────────────────────────────────────────────────────
Month total                                       $2

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/241311 is the state's own key, not one this site invented.