UNDERWOOD, R.B. TRUST
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.
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.
| Stream | Basis | Volume | Value |
|---|---|---|---|
| Gas | Production | 450,821 Mcf | $2,069,145 |
| Total | $2,069,145 | ||
Every month this lease reported (97)
Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.
97 months
| Jul 2016 | 0 | 41.62 | 2.92 | $0 |
| Jun 2016 | 0 | 45.35 | 2.69 | $0 |
| May 2016 | 0 | 42.52 | 1.99 | $0 |
| Apr 2016 | 0 | 36.56 | 1.99 | $0 |
| Mar 2016 | 0 | 33.01 | 1.79 | $0 |
| Feb 2016 | 0 | 26.47 | 2.06 | $0 |
| Jan 2016 | 6 | 27.35 | 2.36 | $14 |
| Dec 2015 | 0 | 32.36 | 2.00 | $0 |
| Nov 2015 | 1,119 | 38.79 | 2.17 | $2,425 |
| Oct 2015 | 1,149 | 43.55 | 2.43 | $2,788 |
| Sep 2015 | 1,174 | 42.99 | 2.76 | $3,238 |
| Aug 2015 | 0 | 40.16 | 2.87 | $0 |
| Jul 2015 | 79 | 48.15 | 2.95 | $233 |
| Jun 2015 | 6 | 56.15 | 2.88 | $17 |
| May 2015 | 0 | 55.21 | 2.96 | $0 |
| Apr 2015 | 1,133 | 49.82 | 2.71 | $3,067 |
| Mar 2015 | 1,234 | 42.89 | 2.93 | $3,621 |
| Feb 2015 | 1,231 | 44.66 | 2.98 | $3,664 |
| Jan 2015 | 2,316 | 43.43 | 3.10 | $7,181 |
| Dec 2014 | 3,100 | 54.69 | 3.59 | $11,133 |
| Nov 2014 | 3,003 | 70.46 | 4.25 | $12,768 |
| Oct 2014 | 2,978 | 78.30 | 3.90 | $11,617 |
| Sep 2014 | 3,165 | 86.16 | 4.05 | $12,804 |
| Aug 2014 | 1,877 | 89.39 | 4.04 | $7,574 |
| Jul 2014 | 2,980 | 96.56 | 4.18 | $12,455 |
| Jun 2014 | 2,704 | 98.16 | 4.74 | $12,809 |
| May 2014 | 3,387 | 94.73 | 4.73 | $16,009 |
| Apr 2014 | 1,557 | 95.94 | 4.81 | $7,488 |
| Mar 2014 | 1,460 | 95.89 | 5.06 | $7,383 |
| Feb 2014 | 733 | 97.40 | 6.19 | $4,539 |
| Jan 2014 | 1,443 | 90.40 | 4.86 | $7,014 |
| Dec 2013 | 2,698 | 91.82 | 4.35 | $11,748 |
| Nov 2013 | 3,233 | 88.85 | 3.74 | $12,086 |
| Oct 2013 | 4,150 | 97.42 | 3.78 | $15,684 |
| Sep 2013 | 4,056 | 104.11 | 3.72 | $15,079 |
| Aug 2013 | 4,850 | 104.25 | 3.52 | $17,085 |
| Jul 2013 | 3,770 | 102.52 | 3.72 | $14,016 |
| Jun 2013 | 3,689 | 94.40 | 3.93 | $14,510 |
| May 2013 | 3,397 | 94.83 | 4.15 | $14,094 |
| Apr 2013 | 2,642 | 93.96 | 4.28 | $11,315 |
| Mar 2013 | 2,653 | 93.62 | 3.91 | $10,381 |
| Feb 2013 | 3,747 | 91.23 | 3.42 | $12,814 |
| Jan 2013 | 3,454 | 91.60 | 3.42 | $11,812 |
| Dec 2012 | 3,355 | 86.77 | 3.42 | $11,475 |
| Nov 2012 | 3,128 | 86.95 | 3.62 | $11,339 |
| Oct 2012 | 3,653 | 89.38 | 3.40 | $12,419 |
| Sep 2012 | 4,010 | 94.67 | 2.92 | $11,703 |
| Aug 2012 | 2,743 | 92.66 | 2.91 | $7,977 |
| Jul 2012 | 4,119 | 85.13 | 3.02 | $12,443 |
| Jun 2012 | 4,800 | 79.82 | 2.52 | $12,091 |
| May 2012 | 4,799 | 91.61 | 2.49 | $11,941 |
| Apr 2012 | 4,097 | 101.65 | 2.00 | $8,181 |
| Mar 2012 | 5,097 | 105.05 | 2.22 | $11,326 |
| Feb 2012 | 4,211 | 101.10 | 2.57 | $10,823 |
| Jan 2012 | 4,418 | 98.09 | 2.73 | $12,079 |
| Dec 2011 | 4,772 | 96.87 | 3.24 | $15,460 |
| Nov 2011 | 4,861 | 95.72 | 3.31 | $16,096 |
| Oct 2011 | 4,956 | 84.98 | 3.65 | $18,082 |
| Sep 2011 | 5,288 | 83.62 | 3.99 | $21,077 |
| Aug 2011 | 4,761 | 83.40 | 4.15 | $19,755 |
| Jul 2011 | 4,944 | 94.14 | 4.52 | $22,333 |
| Jun 2011 | 4,643 | 92.90 | 4.64 | $21,543 |
| May 2011 | 5,070 | 98.13 | 4.40 | $22,332 |
| Apr 2011 | 4,943 | 105.96 | 4.33 | $21,419 |
| Mar 2011 | 5,669 | 96.36 | 4.06 | $23,001 |
| Feb 2011 | 4,312 | 85.64 | 4.18 | $18,024 |
| Jan 2011 | 4,792 | 86.50 | 4.59 | $21,989 |
| Dec 2010 | 5,760 | 85.73 | 4.35 | $25,043 |
| Nov 2010 | 5,625 | 80.84 | 3.80 | $21,349 |
| Oct 2010 | 6,030 | 78.10 | 3.51 | $21,159 |
| Sep 2010 | 5,759 | 72.63 | 3.98 | $22,918 |
| Aug 2010 | 6,093 | 73.68 | 4.42 | $26,927 |
| Jul 2010 | 5,773 | 72.55 | 4.74 | $27,344 |
| Jun 2010 | 5,700 | 70.36 | 4.91 | $27,989 |
| May 2010 | 5,803 | 71.12 | 4.24 | $24,577 |
| Apr 2010 | 5,895 | 81.69 | 4.12 | $24,303 |
| Mar 2010 | 5,759 | 78.39 | 4.39 | $25,274 |
| Feb 2010 | 5,828 | 73.58 | 5.44 | $31,718 |
| Jan 2010 | 6,177 | 74.36 | 5.96 | $36,840 |
| Dec 2009 | 5,933 | 71.44 | 5.48 | $32,535 |
| Nov 2009 | 7,136 | 74.59 | 3.75 | $26,771 |
| Oct 2009 | 6,709 | 72.54 | 4.11 | $27,576 |
| Sep 2009 | 9,499 | 65.54 | 3.06 | $29,112 |
| Aug 2009 | 11,353 | 67.42 | 3.22 | $36,540 |
| Jul 2009 | 8,602 | 61.13 | 3.46 | $29,802 |
| Jun 2009 | 8,559 | 66.16 | 3.90 | $33,337 |
| May 2009 | 9,352 | 54.74 | 3.93 | $36,714 |
| Apr 2009 | 9,509 | 46.77 | 3.59 | $34,114 |
| Mar 2009 | 10,915 | 42.14 | 4.06 | $44,304 |
| Feb 2009 | 11,427 | 32.81 | 4.63 | $52,941 |
| Jan 2009 | 13,716 | 35.86 | 5.37 | $73,669 |
| Dec 2008 | 6,750 | 37.10 | 5.98 | $40,346 |
| Nov 2008 | 12,883 | 55.49 | 6.86 | $88,382 |
| Oct 2008 | 15,310 | 75.24 | 6.92 | $105,976 |
| Sep 2008 | 18,867 | 101.76 | 7.88 | $148,617 |
| Aug 2008 | 25,480 | 114.22 | 8.48 | $216,147 |
| Jul 2008 | 1,005 | 131.08 | 11.39 | $11,446 |
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.
Gas 6 Mcf × $ 2.36 = $14 ──────────────────────────────────────────────────── Month total $14
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/242742 is the state's own key, not one this site invented.