CACTUS JACK

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 243397District 09Field 65280200CondensateGasSaveExport
Value, all time
$2.7 M
Feb 2008 – May 2016
Value, last 12 filed months
$0
at the published price for each month
Months reported
100
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
CondensateDisposition8 bbl$870
GasProduction449,800 Mcf$2,743,726
Total$2,744,597

Every month this lease reported (100)

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

100 months

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 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
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 201406397.406.19$390
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 2013014197.423.78$533
Sep 20130531104.113.72$1,974
Aug 201301,533104.253.52$5,400
Jul 201305,742102.523.72$21,347
Jun 201306,60394.403.93$25,972
May 201305,38194.834.15$22,326
Apr 201304,27593.964.28$18,308
Mar 201303,60093.623.91$14,086
Feb 201303,44491.233.42$11,778
Jan 201302,84791.603.42$9,736
Dec 201203,67986.773.42$12,583
Nov 201204,34086.953.62$15,732
Oct 201204,48889.383.40$15,258
Sep 201205,06094.672.92$14,767
Aug 201204,12392.662.91$11,990
Jul 201203,68685.133.02$11,135
Jun 201203,79079.822.52$9,547
May 201202,11891.612.49$5,270
Apr 2012024101.652.00$48
Mar 201200105.052.22$0
Feb 201201,670101.102.57$4,292
Jan 201201,95698.092.73$5,348
Dec 201102,05296.873.24$6,648
Nov 201102,10495.723.31$6,967
Oct 201102,10184.983.65$7,666
Sep 201102,84883.623.99$11,352
Aug 201102,51683.404.15$10,440
Jul 201104,08294.144.52$18,439
Jun 201104,07392.904.64$18,898
May 201104,45598.134.40$19,623
Apr 201104,247105.964.33$18,403
Mar 201105,12396.364.06$20,786
Feb 201105,78185.644.18$24,164
Jan 201106,59586.504.59$30,263
Dec 201006,36785.734.35$27,682
Nov 201006,57680.843.80$24,958
Oct 201006,77678.103.51$23,776
Sep 201006,04872.633.98$24,068
Aug 201005,44173.684.42$24,046
Jul 201005,35772.554.74$25,373
Jun 201005,20170.364.91$25,539
May 201005,71771.124.24$24,213
Apr 201005,08281.694.12$20,952
Mar 201005,43378.394.39$23,844
Feb 201006,35873.585.44$34,603
Jan 201006,04674.365.96$36,059
Dec 200904,37571.445.48$23,991
Nov 200906,18374.593.75$23,196
Oct 200902,76572.544.11$11,365
Sep 200907,43565.543.06$22,786
Aug 200908,43667.423.22$27,151
Jul 2009010,35761.133.46$35,882
Jun 2009010,40066.163.90$40,508
May 200908,70654.743.93$34,178
Apr 200909,02646.773.59$32,381
Mar 200909,86642.144.06$40,046
Feb 200909,55132.814.63$44,250
Jan 2009011,05735.865.37$59,387
Dec 2008012,25137.105.98$73,226
Nov 2008011,73855.496.86$80,527
Oct 2008013,67775.246.92$94,672
Sep 2008014,851101.767.88$116,983
Aug 2008015,191114.228.48$128,866
Jul 2008015,969131.0811.39$181,878
Jun 2008017,268131.3313.03$225,047
May 2008123,654123.1711.57$273,901
Apr 2008431,994110.3110.45$334,934
Mar 200839,577101.909.66$92,859
Feb 20080092.538.77$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.

Feb 2014 — as filed, then multipliedworked
Condensate             0 bbl  × $ 97.40 =         $0
Gas                   63 Mcf  × $  6.19 =       $390

────────────────────────────────────────────────────
Month total                                     $390

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/243397 is the state's own key, not one this site invented.