WRIGHT, JOE UNIT

Operated by ENERVEST OPERATING, L.L.C. (P-5 252131) 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 243321District 09Field 65280200CondensateGasSaveExport
Value, all time
$426 k
Jul 2006 – Apr 2014
Value, last 12 filed months
$5 k
at the published price for each month
Months reported
94
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
CondensateDisposition20 bbl$1,595
GasProduction84,289 Mcf$424,879
Total$426,474

Every month this lease reported (94)

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

94 months

Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130191.824.35$4
Nov 20130088.853.74$0
Oct 201301,29797.423.78$4,902
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201303102.523.72$11
Jun 201303394.403.93$130
May 20130094.834.15$0
Apr 201308993.964.28$381
Mar 201303093.623.91$117
Feb 2013019391.233.42$660
Jan 20130091.603.42$0
Dec 201209286.773.42$315
Nov 2012018086.953.62$652
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 201205498.092.73$148
Dec 2011021396.873.24$690
Nov 2011010895.723.31$358
Oct 201103784.983.65$135
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 201104894.144.52$217
Jun 2011036692.904.64$1,698
May 201106998.134.40$304
Apr 20110304105.964.33$1,317
Mar 2011086996.364.06$3,526
Feb 2011465285.644.18$3,068
Jan 201121,61986.504.59$7,602
Dec 2010366685.734.35$3,153
Nov 2010040780.843.80$1,545
Oct 2010045978.103.51$1,611
Sep 201001,77872.633.98$7,076
Aug 201002,37473.684.42$10,492
Jul 2010181272.554.74$3,919
Jun 201002,02370.364.91$9,934
May 2010087771.124.24$3,714
Apr 201011,87581.694.12$7,812
Mar 201011,09578.394.39$4,884
Feb 201025,24973.585.44$28,714
Jan 201008,00574.365.96$47,743
Dec 200916,37371.445.48$35,019
Nov 2009411,00674.593.75$41,587
Oct 2009117,07872.544.11$70,267
Sep 2009058465.543.06$1,790
Aug 2009080067.423.22$2,575
Jul 2009083261.133.46$2,882
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 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 2006015,73968.717.34$115,523
Jul 20060069.376.34$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.

Dec 2013 — as filed, then multipliedworked
Condensate             0 bbl  × $ 91.82 =         $0
Gas                    1 Mcf  × $  4.35 =         $4

────────────────────────────────────────────────────
Month total                                       $4

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/243321 is the state's own key, not one this site invented.