CARAWAY

Operated by IPR ENERGY PARTNERS, LLC (P-5 425820) 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 245114District 09Field 65280200CondensateGasSaveExport
Value, all time
$4.8 M
Jun 2008 – May 2026
Value, last 12 filed months
$72 k
at the published price for each month
Months reported
216
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
CondensateDisposition1,252 bbl$88,100
GasProduction1,091,687 Mcf$4,717,741
Total$4,805,841

Every month this lease reported (216)

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

216 months

May 202601,593106.413.05$4,852
Apr 202601,53698.932.87$4,408
Mar 202601,69189.753.15$5,326
Feb 202601,81963.503.75$6,822
Jan 202601,20459.138.00$9,630
Dec 202501,63856.664.41$7,229
Nov 202501,56858.593.93$6,157
Oct 202501,59659.383.30$5,275
Sep 202501,63162.743.08$5,018
Aug 202501,68963.933.01$5,092
Jul 202501,78966.743.32$5,931
Jun 202501,87266.483.13$5,857
May 202501,76860.553.23$5,715
Apr 202502,01162.363.54$7,125
Mar 202502,41667.704.27$10,312
Feb 202502,28470.884.34$9,914
Jan 202502,14974.324.28$9,195
Dec 202402,48368.993.12$7,750
Nov 202402,44969.052.20$5,384
Oct 202402,77271.372.28$6,324
Sep 2024653,00069.612.36$11,618
Aug 202402,64775.632.06$5,462
Jul 202402,88079.932.15$6,182
Jun 2024061278.082.63$1,612
May 2024023378.812.20$512
Apr 2024018284.451.66$302
Mar 2024043080.301.55$664
Feb 2024044976.091.78$801
Jan 2024033773.023.30$1,111
Dec 2023049671.262.61$1,295
Nov 2023035777.892.81$1,002
Oct 202302685.443.09$80
Sep 2023010989.042.74$298
Aug 202302580.522.67$67
Jul 2023073574.852.64$1,942
Jun 202301,83168.962.26$4,135
May 202301,99270.622.23$4,437
Apr 202301,93978.122.24$4,339
Mar 202302,12872.852.39$5,093
Feb 202301,72975.112.47$4,263
Jan 202301,46076.533.39$4,946
Dec 202201,70776.415.73$9,780
Nov 202201,83485.005.65$10,355
Oct 202201,99587.185.86$11,698
Sep 202201,96284.888.16$16,017
Aug 202201,98694.529.13$18,127
Jul 202201,976101.587.54$14,903
Jun 202201,970115.097.98$15,715
May 202202,050109.378.43$17,288
Apr 202202,061104.226.84$14,092
Mar 202202,054108.885.08$10,427
Feb 202201,62391.054.86$7,886
Jan 202202,11981.844.54$9,615
Dec 202102,18471.323.90$8,516
Nov 202102,10277.435.24$11,008
Oct 202102,19279.795.71$12,525
Sep 202102,14169.865.35$11,456
Aug 202102,24266.024.22$9,463
Jul 202102,16870.783.98$8,633
Jun 202102,20769.493.38$7,461
May 202102,11663.483.02$6,385
Apr 2021452,15460.362.76$8,658
Mar 202102,25761.302.72$6,132
Feb 202101,76157.805.55$9,770
Jan 202102,17950.412.81$6,124
Dec 202002,28144.642.68$6,103
Nov 202001,96038.772.71$5,305
Oct 202002,23536.972.48$5,539
Sep 202002,12137.091.99$4,223
Aug 202002,43639.982.39$5,810
Jul 202002,38138.371.83$4,346
Jun 202002,53934.901.69$4,292
May 202002,04316.921.81$3,708
Apr 202002,17014.751.80$3,916
Mar 202002,30430.341.86$4,277
Feb 202002,22849.881.98$4,413
Jan 202002,35757.252.09$4,937
Dec 201902,40559.012.30$5,542
Nov 201902,47155.302.75$6,797
Oct 201902,65253.472.42$6,414
Sep 201901,97555.052.66$5,248
Aug 201902,26653.112.30$5,222
Jul 201902,25356.272.46$5,543
Jun 201902,26852.782.49$5,650
May 201901,78458.482.74$4,889
Apr 201902,15262.632.75$5,920
Mar 201901,38056.803.06$4,226
Feb 201902,04150.852.79$5,699
Jan 201902,34946.033.23$7,583
Dec 201802,40546.594.19$10,066
Nov 201802,09052.934.24$8,856
Oct 201801,99261.443.40$6,769
Sep 201802,26759.543.11$7,046
Aug 201802,21859.403.07$6,802
Jul 201802,19565.142.93$6,435
Jun 201802,46360.183.08$7,578
May 201802,45265.382.90$7,113
Apr 201802,51563.842.90$7,296
Mar 201802,53561.222.79$7,065
Feb 201802,44461.782.77$6,760
Jan 201802,01462.874.01$8,075
Dec 201702,44557.272.92$7,143
Nov 201702,22055.423.12$6,923
Oct 201701,84449.292.98$5,502
Sep 201702,67547.523.09$8,258
Aug 201702,44445.373.00$7,343
Jul 201702,75843.873.09$8,515
Jun 201702,54242.493.09$7,848
May 201702,74145.373.26$8,945
Apr 2017752,58547.933.21$11,897
Mar 201702,41946.772.98$7,218
Feb 201702,32650.452.95$6,868
Jan 201702,92149.413.42$9,986
Dec 201603,20548.763.72$11,932
Nov 201601,46542.492.64$3,874
Oct 201602,50946.193.09$7,753
Sep 201602,52541.553.10$7,829
Aug 201602,95341.442.92$8,636
Jul 201603,02941.622.92$8,858
Jun 201602,53245.352.69$6,801
May 201602,31642.521.99$4,611
Apr 201602,23636.561.99$4,452
Mar 201602,67333.011.79$4,795
Feb 201602,73526.472.06$5,644
Jan 201602,47327.352.36$5,847
Dec 201502,82232.362.00$5,648
Nov 2015722,18738.792.17$7,533
Oct 201502,56143.552.43$6,214
Sep 201502,60542.992.76$7,186
Aug 201502,79740.162.87$8,034
Jul 201502,75848.152.95$8,123
Jun 201502,47456.152.88$7,132
May 201502,91755.212.96$8,621
Apr 201502,66249.822.71$7,205
Mar 201502,80842.892.93$8,241
Feb 201502,21544.662.98$6,592
Jan 201501,92343.433.10$5,963
Dec 201402,83454.693.59$10,178
Nov 201402,72070.464.25$11,565
Oct 201402,73278.303.90$10,657
Sep 201402,80086.164.05$11,327
Aug 2014712,87989.394.04$17,964
Jul 201402,99996.564.18$12,535
Jun 201402,96198.164.74$14,026
May 201403,25494.734.73$15,380
Apr 201403,08295.944.81$14,822
Mar 201403,26195.895.06$16,490
Feb 201402,95697.406.19$18,304
Jan 201403,23490.404.86$15,720
Dec 201303,39091.824.35$14,762
Nov 201303,12588.853.74$11,682
Oct 201303,38997.423.78$12,808
Sep 2013743,235104.113.72$19,731
Aug 201303,372104.253.52$11,878
Jul 201303,344102.523.72$12,432
Jun 201303,36694.403.93$13,240
May 201303,47094.834.15$14,397
Apr 201303,54593.964.28$15,182
Mar 201303,79393.623.91$14,842
Feb 201302,96891.233.42$10,150
Jan 201302,85791.603.42$9,771
Dec 201202,75786.773.42$9,429
Nov 201202,28386.953.62$8,276
Oct 201203,12389.383.40$10,617
Sep 2012893,09594.672.92$17,458
Aug 201210215,38592.662.91$54,193
Jul 2012015,21285.133.02$45,952
Jun 2012012,17679.822.52$30,672
May 2012014,47791.612.49$36,023
Apr 2012013,527101.652.00$27,011
Mar 2012013,846105.052.22$30,767
Feb 2012012,755101.102.57$32,783
Jan 2012014,26998.092.73$39,013
Dec 2011013,31496.873.24$43,134
Nov 2011513,18495.723.31$44,135
Oct 2011013,41384.983.65$48,938
Sep 201112912,15283.623.99$59,222
Aug 2011010,78283.404.15$44,738
Jul 2011012,68794.144.52$57,310
Jun 2011012,34592.904.64$57,279
May 2011012,79498.134.40$56,355
Apr 2011011,643105.964.33$50,452
Mar 2011014,03696.364.06$56,949
Feb 2011010,95085.644.18$45,771
Jan 2011012,86286.504.59$59,021
Dec 2010012,86285.734.35$55,921
Nov 2010010,89780.843.80$41,358
Oct 2010012,24678.103.51$42,970
Sep 2010012,22372.633.98$48,641
Aug 2010010,06473.684.42$44,476
Jul 20101555,54472.554.74$37,504
Jun 2010014,43370.364.91$70,872
May 201008,78671.124.24$37,211
Apr 2010011,99981.694.12$49,468
Mar 2010011,57678.394.39$50,803
Feb 2010013,25173.585.44$72,117
Jan 2010014,01674.365.96$83,593
Dec 2009013,31871.445.48$73,033
Nov 2009016,27174.593.75$61,041
Oct 2009016,85172.544.11$69,262
Sep 2009017,03565.543.06$52,208
Aug 200918017,39667.423.22$68,125
Jul 2009017,84261.133.46$61,814
Jun 2009016,69066.163.90$65,008
May 2009015,95154.743.93$62,620
Apr 2009018,16446.773.59$65,163
Mar 2009015,92742.144.06$64,648
Feb 200907,52432.814.63$34,859
Jan 2009015,24635.865.37$81,886
Dec 200818115,35237.105.98$98,476
Nov 2008018,02055.496.86$123,624
Oct 2008019,74175.246.92$136,647
Sep 2008016,862101.767.88$132,823
Aug 2008024,712114.228.48$209,632
Jul 2008123,773131.0811.39$270,892
Jun 2008815,946131.3313.03$208,869

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 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $106.41 =         $0
Gas                1,593 Mcf  × $  3.05 =     $4,852

────────────────────────────────────────────────────
Month total                                   $4,852

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/245114 is the state's own key, not one this site invented.