RIPS ROCKY ROAD

Operated by TRINITY RIVER ENERGY OPER, LLC (P-5 870311) 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 241335District 09Field 65280200CondensateGasSaveExport
Value, all time
$798 k
Aug 2008 – Nov 2017
Value, last 12 filed months
$0
at the published price for each month
Months reported
112
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
CondensateDisposition1,040 bbl$67,206
GasProduction146,431 Mcf$730,491
Total$797,697

Every month this lease reported (112)

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

112 months

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 2015034348.152.95$1,010
Jun 2015017956.152.88$516
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 201514042.892.93$600
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
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 201237094.672.92$3,503
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 201202379.822.52$58
May 201201,14491.612.49$2,847
Apr 201201,000101.652.00$1,997
Mar 201201,067105.052.22$2,371
Feb 20120981101.102.57$2,521
Jan 201201,04698.092.73$2,860
Dec 201111236296.873.24$12,022
Nov 201101,41995.723.31$4,699
Oct 2011091284.983.65$3,327
Sep 201101,42583.623.99$5,680
Aug 201101,43883.404.15$5,967
Jul 201101,26294.144.52$5,701
Jun 201101,12792.904.64$5,229
May 2011093098.134.40$4,096
Apr 20110899105.964.33$3,896
Mar 201101,37496.364.06$5,575
Feb 201101,23485.644.18$5,158
Jan 201101,18986.504.59$5,456
Dec 201001,85585.734.35$8,065
Nov 201001,63380.843.80$6,198
Oct 201001,62478.103.51$5,698
Sep 201002,94872.633.98$11,731
Aug 201002,28473.684.42$10,094
Jul 20101652,13972.554.74$22,102
Jun 201002,14870.364.91$10,548
May 201002,47071.124.24$10,461
Apr 201002,18581.694.12$9,008
Mar 201005,60378.394.39$24,590
Feb 201006,20873.585.44$33,786
Jan 201008,12774.365.96$48,470
Dec 200906,80071.445.48$37,290
Nov 200906,97374.593.75$26,159
Oct 200906,59272.544.11$27,095
Sep 200902,68365.543.06$8,223
Aug 200903,00967.423.22$9,684
Jul 20091783,09561.133.46$21,604
Jun 200903,38166.163.90$13,169
May 200903,55554.743.93$13,956
Apr 200903,70246.773.59$13,281
Mar 200904,14642.144.06$16,829
Feb 20091733,81132.814.63$23,332
Jan 200905,09935.865.37$27,387
Dec 200805,12837.105.98$30,651
Nov 20081746,90355.496.86$57,012
Oct 20081879,28575.246.92$78,340
Sep 2008013,691101.767.88$107,845
Aug 200800114.228.48$0

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.

Jul 2015 — as filed, then multipliedworked
Condensate             0 bbl  × $ 48.15 =         $0
Gas                  343 Mcf  × $  2.95 =     $1,010

────────────────────────────────────────────────────
Month total                                   $1,010

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/241335 is the state's own key, not one this site invented.