COLLINS UNIT
Operated by LEGEND NATURAL GAS IV, LP (P-5 495557) 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.
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.
| Stream | Basis | Volume | Value |
|---|---|---|---|
| Gas | Production | 197,968 Mcf | $872,371 |
| Total | $872,371 | ||
Every month this lease reported (70)
Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.
70 months
| Jun 2014 | 0 | 98.16 | 4.74 | $0 |
| May 2014 | 0 | 94.73 | 4.73 | $0 |
| Apr 2014 | 0 | 95.94 | 4.81 | $0 |
| Mar 2014 | 0 | 95.89 | 5.06 | $0 |
| Feb 2014 | 0 | 97.40 | 6.19 | $0 |
| Jan 2014 | 0 | 90.40 | 4.86 | $0 |
| Dec 2013 | 0 | 91.82 | 4.35 | $0 |
| Nov 2013 | 0 | 88.85 | 3.74 | $0 |
| Oct 2013 | 0 | 97.42 | 3.78 | $0 |
| Sep 2013 | 0 | 104.11 | 3.72 | $0 |
| Aug 2013 | 0 | 104.25 | 3.52 | $0 |
| Jul 2013 | 0 | 102.52 | 3.72 | $0 |
| Jun 2013 | 0 | 94.40 | 3.93 | $0 |
| May 2013 | 225 | 94.83 | 4.15 | $934 |
| Apr 2013 | 1,389 | 93.96 | 4.28 | $5,949 |
| Mar 2013 | 1,137 | 93.62 | 3.91 | $4,449 |
| Feb 2013 | 1,431 | 91.23 | 3.42 | $4,894 |
| Jan 2013 | 810 | 91.60 | 3.42 | $2,770 |
| Dec 2012 | 1,382 | 86.77 | 3.42 | $4,727 |
| Nov 2012 | 1,880 | 86.95 | 3.62 | $6,815 |
| Oct 2012 | 1,410 | 89.38 | 3.40 | $4,794 |
| Sep 2012 | 1,068 | 94.67 | 2.92 | $3,117 |
| Aug 2012 | 913 | 92.66 | 2.91 | $2,655 |
| Jul 2012 | 1,661 | 85.13 | 3.02 | $5,018 |
| Jun 2012 | 1,971 | 79.82 | 2.52 | $4,965 |
| May 2012 | 1,727 | 91.61 | 2.49 | $4,297 |
| Apr 2012 | 888 | 101.65 | 2.00 | $1,773 |
| Mar 2012 | 1,441 | 105.05 | 2.22 | $3,202 |
| Feb 2012 | 1,283 | 101.10 | 2.57 | $3,298 |
| Jan 2012 | 2,146 | 98.09 | 2.73 | $5,867 |
| Dec 2011 | 2,340 | 96.87 | 3.24 | $7,581 |
| Nov 2011 | 1,285 | 95.72 | 3.31 | $4,255 |
| Oct 2011 | 2,378 | 84.98 | 3.65 | $8,676 |
| Sep 2011 | 2,396 | 83.62 | 3.99 | $9,550 |
| Aug 2011 | 2,243 | 83.40 | 4.15 | $9,307 |
| Jul 2011 | 2,338 | 94.14 | 4.52 | $10,561 |
| Jun 2011 | 2,429 | 92.90 | 4.64 | $11,270 |
| May 2011 | 2,881 | 98.13 | 4.40 | $12,690 |
| Apr 2011 | 2,469 | 105.96 | 4.33 | $10,699 |
| Mar 2011 | 2,359 | 96.36 | 4.06 | $9,571 |
| Feb 2011 | 2,561 | 85.64 | 4.18 | $10,705 |
| Jan 2011 | 2,818 | 86.50 | 4.59 | $12,931 |
| Dec 2010 | 3,791 | 85.73 | 4.35 | $16,482 |
| Nov 2010 | 3,334 | 80.84 | 3.80 | $12,654 |
| Oct 2010 | 2,950 | 78.10 | 3.51 | $10,351 |
| Sep 2010 | 3,469 | 72.63 | 3.98 | $13,805 |
| Aug 2010 | 4,386 | 73.68 | 4.42 | $19,383 |
| Jul 2010 | 3,933 | 72.55 | 4.74 | $18,629 |
| Jun 2010 | 4,173 | 70.36 | 4.91 | $20,491 |
| May 2010 | 6,134 | 71.12 | 4.24 | $25,979 |
| Apr 2010 | 7,512 | 81.69 | 4.12 | $30,970 |
| Mar 2010 | 6,879 | 78.39 | 4.39 | $30,190 |
| Feb 2010 | 5,134 | 73.58 | 5.44 | $27,941 |
| Jan 2010 | 5,631 | 74.36 | 5.96 | $33,584 |
| Dec 2009 | 6,077 | 71.44 | 5.48 | $33,325 |
| Nov 2009 | 5,337 | 74.59 | 3.75 | $20,022 |
| Oct 2009 | 5,150 | 72.54 | 4.11 | $21,168 |
| Sep 2009 | 4,292 | 65.54 | 3.06 | $13,154 |
| Aug 2009 | 5,032 | 67.42 | 3.22 | $16,195 |
| Jul 2009 | 4,519 | 61.13 | 3.46 | $15,656 |
| Jun 2009 | 5,455 | 66.16 | 3.90 | $21,247 |
| May 2009 | 6,046 | 54.74 | 3.93 | $23,735 |
| Apr 2009 | 5,203 | 46.77 | 3.59 | $18,666 |
| Mar 2009 | 6,552 | 42.14 | 4.06 | $26,595 |
| Feb 2009 | 6,134 | 32.81 | 4.63 | $28,419 |
| Jan 2009 | 7,481 | 35.86 | 5.37 | $40,180 |
| Dec 2008 | 6,591 | 37.10 | 5.98 | $39,395 |
| Nov 2008 | 8,940 | 55.49 | 6.86 | $61,332 |
| Oct 2008 | 6,574 | 75.24 | 6.92 | $45,505 |
| Sep 2008 | 0 | 101.76 | 7.88 | $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.
Gas 225 Mcf × $ 4.15 = $934 ──────────────────────────────────────────────────── Month total $934
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/244820 is the state's own key, not one this site invented.