BLACK GNAT

Operated by CUMMING COMPANY, INC. THE (P-5 194204) 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 244279District 09Field 65280200GasSaveExport
Value, all time
$6.6 M
Mar 2008 – Apr 2023
Value, last 12 filed months
$37 k
at the published price for each month
Months reported
182
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
GasProduction964,750 Mcf$6,617,086
Total$6,617,086

Every month this lease reported (182)

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

182 months

Apr 20231,30278.122.24$2,914
Mar 20234,45372.852.39$10,657
Feb 20233,56775.112.47$8,795
Jan 20233,90276.533.39$13,219
Dec 202227576.415.73$1,576
Nov 2022085.005.65$0
Oct 2022087.185.86$0
Sep 2022084.888.16$0
Aug 2022094.529.13$0
Jul 20220101.587.54$0
Jun 20220115.097.98$0
May 20220109.378.43$0
Apr 20220104.226.84$0
Mar 20220108.885.08$0
Feb 2022091.054.86$0
Jan 2022081.844.54$0
Dec 2021071.323.90$0
Nov 2021077.435.24$0
Oct 2021079.795.71$0
Sep 2021069.865.35$0
Aug 2021066.024.22$0
Jul 20215,60370.783.98$22,312
Jun 20214,84569.493.38$16,379
May 20214,89063.483.02$14,756
Apr 2021060.362.76$0
Mar 2021061.302.72$0
Feb 2021057.805.55$0
Jan 2021050.412.81$0
Dec 2020044.642.68$0
Nov 2020038.772.71$0
Oct 2020036.972.48$0
Sep 2020037.091.99$0
Aug 2020039.982.39$0
Jul 2020038.371.83$0
Jun 2020034.901.69$0
May 2020016.921.81$0
Apr 2020014.751.80$0
Mar 2020030.341.86$0
Feb 2020049.881.98$0
Jan 2020057.252.09$0
Dec 2019059.012.30$0
Nov 2019055.302.75$0
Oct 2019053.472.42$0
Sep 2019055.052.66$0
Aug 2019053.112.30$0
Jul 2019056.272.46$0
Jun 2019052.782.49$0
May 2019058.482.74$0
Apr 2019062.632.75$0
Mar 2019056.803.06$0
Feb 2019050.852.79$0
Jan 2019046.033.23$0
Dec 2018046.594.19$0
Nov 2018052.934.24$0
Oct 2018061.443.40$0
Sep 2018059.543.11$0
Aug 2018059.403.07$0
Jul 2018065.142.93$0
Jun 2018060.183.08$0
May 2018065.382.90$0
Apr 2018063.842.90$0
Mar 2018061.222.79$0
Feb 2018061.782.77$0
Jan 2018062.874.01$0
Dec 2017057.272.92$0
Nov 2017055.423.12$0
Oct 2017049.292.98$0
Sep 2017047.523.09$0
Aug 2017045.373.00$0
Jul 2017043.873.09$0
Jun 2017042.493.09$0
May 2017045.373.26$0
Apr 2017047.933.21$0
Mar 2017046.772.98$0
Feb 2017050.452.95$0
Jan 2017049.413.42$0
Dec 2016048.763.72$0
Nov 2016042.492.64$0
Oct 2016046.193.09$0
Sep 2016041.553.10$0
Aug 2016041.442.92$0
Jul 2016041.622.92$0
Jun 2016045.352.69$0
May 2016042.521.99$0
Apr 2016036.561.99$0
Mar 2016033.011.79$0
Feb 2016026.472.06$0
Jan 2016027.352.36$0
Dec 2015032.362.00$0
Nov 2015038.792.17$0
Oct 2015043.552.43$0
Sep 2015042.992.76$0
Aug 2015040.162.87$0
Jul 2015048.152.95$0
Jun 2015056.152.88$0
May 20153,12155.212.96$9,224
Apr 20154,73349.822.71$12,810
Mar 20153,14942.892.93$9,241
Feb 20153,05244.662.98$9,083
Jan 20152,92543.433.10$9,069
Dec 20144,79554.693.59$17,221
Nov 20144,55170.464.25$19,350
Oct 20145,29378.303.90$20,648
Sep 20146,06486.164.05$24,532
Aug 20146,11489.394.04$24,671
Jul 20148,13396.564.18$33,993
Jun 20142,84298.164.74$13,462
May 201420094.734.73$945
Apr 20142,94995.944.81$14,182
Mar 20144,71895.895.06$23,858
Feb 20144,89997.406.19$30,335
Jan 20147,20190.404.86$35,002
Dec 20135,35691.824.35$23,323
Nov 20136,80988.853.74$25,454
Oct 20138,41597.423.78$31,803
Sep 20137,846104.113.72$29,169
Aug 20138,910104.253.52$31,386
Jul 20137,247102.523.72$26,942
Jun 201362894.403.93$2,470
May 20132,72394.834.15$11,298
Apr 2013093.964.28$0
Mar 201355593.623.91$2,172
Feb 201395591.233.42$3,266
Jan 2013091.603.42$0
Dec 20122,20586.773.42$7,541
Nov 20123,57586.953.62$12,959
Oct 20124,91289.383.40$16,699
Sep 20124,25794.672.92$12,424
Aug 20124,42292.662.91$12,860
Jul 20124,24585.133.02$12,823
Jun 20123,49279.822.52$8,796
May 20124,53991.612.49$11,294
Apr 20126,129101.652.00$12,238
Mar 20128,631105.052.22$19,179
Feb 20122,269101.102.57$5,832
Jan 20122,82998.092.73$7,735
Dec 20113,98196.873.24$12,897
Nov 20111,97195.723.31$6,527
Oct 20115,02884.983.65$18,345
Sep 20114,06183.623.99$16,186
Aug 20115,09983.404.15$21,157
Jul 20115,26294.144.52$23,770
Jun 20115,90792.904.64$27,408
May 20115,71598.134.40$25,174
Apr 20117,210105.964.33$31,243
Mar 20119,04896.364.06$36,711
Feb 20115,92385.644.18$24,758
Jan 20117,72986.504.59$35,467
Dec 201075985.734.35$3,300
Nov 20107,57280.843.80$28,738
Oct 20109,69178.103.51$34,005
Sep 201011,79372.633.98$46,930
Aug 20101,18573.684.42$5,237
Jul 20107,50672.554.74$35,552
Jun 20109,52070.364.91$46,747
May 20101,58671.124.24$6,717
Apr 201026381.694.12$1,084
Mar 20109,58878.394.39$42,079
Feb 20109,25073.585.44$50,342
Jan 201010,26374.365.96$61,209
Dec 200910,16371.445.48$55,731
Nov 200910,36774.593.75$38,892
Oct 200913,93072.544.11$57,256
Sep 200914,75765.543.06$45,227
Aug 200917,48667.423.22$56,279
Jul 200919,18561.133.46$66,466
Jun 200914,23066.163.90$55,426
May 2009054.743.93$0
Apr 20091,11146.773.59$3,986
Mar 200915,52142.144.06$63,000
Feb 200922,55532.814.63$104,497
Jan 200912,00035.865.37$64,452
Dec 200821,43637.105.98$128,126
Nov 200824,72355.496.86$169,609
Oct 200828,69675.246.92$198,633
Sep 200832,561101.767.88$256,486
Aug 200839,955114.228.48$338,939
Jul 200846,729131.0811.39$532,217
Jun 200843,763131.3313.03$570,347
May 200882,570123.1711.57$955,689
Apr 2008139,702110.3110.45$1,460,565
Mar 20082,875101.909.66$27,784

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.

Apr 2023 — as filed, then multipliedworked
Gas                1,302 Mcf  × $  2.24 =     $2,914

────────────────────────────────────────────────────
Month total                                   $2,914

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/244279 is the state's own key, not one this site invented.