CAUDILL 3

Operated by WINFIELD OPERATING COMPANY (P-5 931940) 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 242602District 09Field 65280200CondensateGasSaveExport
Value, all time
$109 k
May 2007 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
229
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
CondensateDisposition759 bbl$61,982
GasProduction7,051 Mcf$46,969
Total$108,951

Every month this lease reported (229)

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

229 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 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 2017052142.493.09$1,608
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 20160836.561.99$16
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20166727.352.36$181
Dec 2015111232.362.00$380
Nov 20155638.792.17$207
Oct 20153343.552.43$138
Sep 20154442.992.76$183
Aug 20151140.162.87$43
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20153355.212.96$175
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 2014873654.693.59$4,887
Nov 20140070.464.25$0
Oct 201405678.303.90$218
Sep 20140686.164.05$24
Aug 20140889.394.04$32
Jul 20140796.564.18$29
Jun 20140198.164.74$5
May 201401394.734.73$61
Apr 20140695.944.81$29
Mar 20140195.895.06$5
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 2013271397.423.78$2,679
Sep 2013010104.113.72$37
Aug 201300104.253.52$0
Jul 201308102.523.72$30
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 2013863793.964.28$8,239
Mar 201302093.623.91$78
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 201201186.773.42$38
Nov 20120886.953.62$29
Oct 20120389.383.40$10
Sep 20120994.672.92$26
Aug 20120292.662.91$6
Jul 2012103085.133.02$8,768
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201208101.652.00$16
Mar 201204105.052.22$9
Feb 2012028101.102.57$72
Jan 201203698.092.73$98
Dec 20110796.873.24$23
Nov 201103595.723.31$116
Oct 20110084.983.65$0
Sep 2011105783.623.99$8,808
Aug 201102583.404.15$104
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 2011024105.964.33$104
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110386.504.59$14
Dec 201001785.734.35$74
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 201001172.633.98$44
Aug 20100673.684.42$27
Jul 2010561072.554.74$4,110
Jun 20100070.364.91$0
May 201001171.124.24$47
Apr 201002881.694.12$115
Mar 20100178.394.39$4
Feb 20100673.585.44$33
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 20080120123.1711.57$1,389
Apr 2008067110.3110.45$700
Mar 20080246101.909.66$2,377
Feb 2008015292.538.77$1,333
Jan 200826229890.388.21$26,125
Dec 2007049088.337.30$3,578
Nov 2007058791.677.29$4,280
Oct 200703,01782.856.92$20,884
Sep 20070075.846.24$0
Aug 20070469.066.39$26
Jul 2007098370.906.39$6,279
Jun 20070062.007.55$0
May 20070058.747.85$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.

Jun 2017 — as filed, then multipliedworked
Condensate             0 bbl  × $ 42.49 =         $0
Gas                  521 Mcf  × $  3.09 =     $1,608

────────────────────────────────────────────────────
Month total                                   $1,608

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/242602 is the state's own key, not one this site invented.