PATTERSON UNIT

Operated by XTO ENERGY INC. (P-5 945936) 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 243357District 09Field 65280200GasSaveExport
Value, all time
$740 k
Jul 2008 – Dec 2014
Value, last 12 filed months
$0
at the published price for each month
Months reported
78
no gaps in the span
Streams
1
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
GasProduction164,134 Mcf$739,901
Total$739,901

Every month this lease reported (78)

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

78 months

Dec 2014054.693.59$0
Nov 2014070.464.25$0
Oct 2014078.303.90$0
Sep 2014086.164.05$0
Aug 2014089.394.04$0
Jul 2014096.564.18$0
Jun 2014098.164.74$0
May 2014094.734.73$0
Apr 2014095.944.81$0
Mar 2014095.895.06$0
Feb 2014097.406.19$0
Jan 2014090.404.86$0
Dec 2013091.824.35$0
Nov 2013088.853.74$0
Oct 2013097.423.78$0
Sep 20130104.113.72$0
Aug 20130104.253.52$0
Jul 20130102.523.72$0
Jun 2013094.403.93$0
May 2013094.834.15$0
Apr 2013093.964.28$0
Mar 2013093.623.91$0
Feb 2013091.233.42$0
Jan 2013091.603.42$0
Dec 2012086.773.42$0
Nov 2012086.953.62$0
Oct 2012089.383.40$0
Sep 2012094.672.92$0
Aug 2012092.662.91$0
Jul 2012085.133.02$0
Jun 2012079.822.52$0
May 201232891.612.49$816
Apr 20121,801101.652.00$3,596
Mar 20121,950105.052.22$4,333
Feb 20121,592101.102.57$4,092
Jan 20121,72598.092.73$4,716
Dec 20111,36696.873.24$4,425
Nov 20111,59095.723.31$5,265
Oct 20111,84084.983.65$6,713
Sep 20112,07883.623.99$8,282
Aug 20112,25983.404.15$9,373
Jul 20112,22694.144.52$10,055
Jun 20112,28492.904.64$10,597
May 20112,16198.134.40$9,519
Apr 20112,455105.964.33$10,638
Mar 20112,60596.364.06$10,569
Feb 20112,14585.644.18$8,966
Jan 20112,56886.504.59$11,784
Dec 20102,84285.734.35$12,356
Nov 20102,77480.843.80$10,528
Oct 20102,86978.103.51$10,067
Sep 20102,71472.633.98$10,800
Aug 20103,15473.684.42$13,939
Jul 20103,33772.554.74$15,806
Jun 20103,09270.364.91$15,183
May 20103,15271.124.24$13,349
Apr 20103,26581.694.12$13,461
Mar 20104,09678.394.39$17,976
Feb 20103,28273.585.44$17,862
Jan 20103,73574.365.96$22,276
Dec 20093,81171.445.48$20,899
Nov 20093,60574.593.75$13,524
Oct 20093,77072.544.11$15,496
Sep 20094,28365.543.06$13,126
Aug 20094,82967.423.22$15,542
Jul 20094,95361.133.46$17,160
Jun 20095,29866.163.90$20,636
May 20096,09654.743.93$23,931
Apr 20096,55346.773.59$23,509
Mar 20097,37042.144.06$29,915
Feb 20097,31732.814.63$33,900
Jan 200916,51135.865.37$88,681
Dec 200880437.105.98$4,806
Nov 200811,89655.496.86$81,611
Oct 20085,75375.246.92$39,822
Sep 20080101.767.88$0
Aug 20080114.228.48$0
Jul 20080131.0811.39$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.

May 2012 — as filed, then multipliedworked
Gas                  328 Mcf  × $  2.49 =       $816

────────────────────────────────────────────────────
Month total                                     $816

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/243357 is the state's own key, not one this site invented.