LOST CREEK

Operated by TC OIL AND GAS, LLC (P-5 840303) 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 243966District 09Field 65280200CondensateGasSaveExport
Value, all time
$1.7 M
Aug 2008 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
214
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
CondensateDisposition553 bbl$38,942
GasProduction465,398 Mcf$1,673,979
Total$1,712,922

Every month this lease reported (214)

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

214 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 2020087138.772.71$2,357
Oct 202001,09336.972.48$2,709
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 202001,06416.921.81$1,931
Apr 2020069914.751.80$1,261
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 2019018953.472.42$457
Sep 201903755.052.66$98
Aug 20190553.112.30$12
Jul 201901,16856.272.46$2,873
Jun 201902,24552.782.49$5,593
May 201906058.482.74$164
Apr 201901062.632.75$28
Mar 20190656.803.06$18
Feb 20190050.852.79$0
Jan 2019018646.033.23$600
Dec 201801,29046.594.19$5,399
Nov 201801,06752.934.24$4,521
Oct 20180061.443.40$0
Sep 2018091459.543.11$2,841
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 2018092765.382.90$2,689
Apr 201801,12863.842.90$3,272
Mar 2018077761.222.79$2,165
Feb 201801,17661.782.77$3,253
Jan 201808262.874.01$329
Dec 201701,30257.272.92$3,804
Nov 201701,94255.423.12$6,056
Oct 2017021149.292.98$630
Sep 20170047.523.09$0
Aug 201705145.373.00$153
Jul 2017014443.873.09$445
Jun 2017074642.493.09$2,303
May 201701,45245.373.26$4,738
Apr 201701,93347.933.21$6,208
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 2017053949.413.42$1,843
Dec 201602,48848.763.72$9,262
Nov 201603,99342.492.64$10,559
Oct 20160046.193.09$0
Sep 201602,91641.553.10$9,041
Aug 201603,23341.442.92$9,454
Jul 201603,43041.622.92$10,030
Jun 201603,53845.352.69$9,502
May 201603,44042.521.99$6,849
Apr 20161772,91336.561.99$12,271
Mar 201603,64933.011.79$6,546
Feb 201603,56226.472.06$7,351
Jan 201603,42127.352.36$8,088
Dec 201503,94932.362.00$7,904
Nov 201504,79238.792.17$10,386
Oct 201503,90443.552.43$9,473
Sep 201503,82542.992.76$10,551
Aug 201504,13040.162.87$11,863
Jul 201504,90548.152.95$14,446
Jun 201503,76956.152.88$10,866
May 201504,55055.212.96$13,447
Apr 201504,49049.822.71$12,153
Mar 201501342.892.93$38
Feb 201501,96744.662.98$5,854
Jan 201503,05343.433.10$9,466
Dec 201403,68154.693.59$13,220
Nov 20141664,15570.464.25$29,363
Oct 201402,02778.303.90$7,907
Sep 201401,23286.164.05$4,984
Aug 201404,81189.394.04$19,413
Jul 201404,35996.564.18$18,219
Jun 201404,40398.164.74$20,856
May 201405,22394.734.73$24,687
Apr 201405,54695.944.81$26,671
Mar 201406,00095.895.06$30,341
Feb 201402,24297.406.19$13,882
Jan 201404,84990.404.86$23,570
Dec 201304,98091.824.35$21,685
Nov 201304,98788.853.74$18,643
Oct 201304,91497.423.78$18,572
Sep 201304,120104.113.72$15,317
Aug 201307,104104.253.52$25,025
Jul 201302,566102.523.72$9,540
Jun 201306,01194.403.93$23,644
May 201304,34294.834.15$18,015
Apr 201304,30893.964.28$18,449
Mar 201304,77793.623.91$18,692
Feb 201304,19591.233.42$14,347
Jan 2013454,38391.603.42$19,111
Dec 201204,68586.773.42$16,023
Nov 201204,47686.953.62$16,225
Oct 201204,78489.383.40$16,264
Sep 201207,06894.672.92$20,627
Aug 201207,05692.662.91$20,520
Jul 201208,06785.133.02$24,369
Jun 2012011,05079.822.52$27,835
May 201203,46391.612.49$8,617
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 20121643,554101.102.57$25,715
Jan 2012021,50498.092.73$58,794
Dec 2011016,12796.873.24$52,247
Nov 2011018,83795.723.31$62,375
Oct 201108,95184.983.65$32,658
Sep 2011010,00083.623.99$39,858
Aug 2011011,69383.404.15$48,518
Jul 201107,60494.144.52$34,349
Jun 2011013,30492.904.64$61,729
May 2011011,80698.134.40$52,003
Apr 2011011,778105.964.33$51,037
Mar 2011012,15896.364.06$49,329
Feb 201107,08685.644.18$29,619
Jan 2011018,12886.504.59$83,185
Dec 2010018,85485.734.35$81,972
Nov 201008880.843.80$334
Oct 201002,98878.103.51$10,485
Sep 201005,51872.633.98$21,959
Aug 201006,31173.684.42$27,891
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20091172.544.11$77
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

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.

Nov 2020 — as filed, then multipliedworked
Condensate             0 bbl  × $ 38.77 =         $0
Gas                  871 Mcf  × $  2.71 =     $2,357

────────────────────────────────────────────────────
Month total                                   $2,357

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/243966 is the state's own key, not one this site invented.