LYON A

Operated by PIONEER NATURAL RES. USA, INC. (P-5 665748) 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 245891District 09Field 65280200CondensateGasSaveExport
Value, all time
$1.4 M
Oct 2008 – Aug 2014
Value, last 12 filed months
$4 k
at the published price for each month
Months reported
71
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
CondensateDisposition2,091 bbl$146,838
GasProduction277,603 Mcf$1,224,340
Total$1,371,179

Every month this lease reported (71)

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

71 months

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 2014444895.895.06$4,462
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 201301,15893.623.91$4,531
Feb 201302,84391.233.42$9,723
Jan 201303,50391.603.42$11,980
Dec 201203,99886.773.42$13,674
Nov 201203,17586.953.62$11,509
Oct 201203,19989.383.40$10,876
Sep 201203,56394.672.92$10,398
Aug 20121653,35092.662.91$25,031
Jul 201202,63585.133.02$7,960
Jun 201202,64279.822.52$6,655
May 201202,45691.612.49$6,111
Apr 201202,335101.652.00$4,663
Mar 201202,475105.052.22$5,500
Feb 201203,019101.102.57$7,760
Jan 201203,47298.092.73$9,493
Dec 201103,12696.873.24$10,127
Nov 201103,34195.723.31$11,063
Oct 20111573,23184.983.65$25,130
Sep 201103,53983.623.99$14,106
Aug 201103,95283.404.15$16,398
Jul 201103,95694.144.52$17,870
Jun 201103,63292.904.64$16,852
May 201104,01098.134.40$17,663
Apr 201103,614105.964.33$15,660
Mar 201104,19896.364.06$17,033
Feb 201103,59385.644.18$15,019
Jan 201104,13886.504.59$18,988
Dec 20101834,17985.734.35$33,858
Nov 201004,10280.843.80$15,568
Oct 20101894,30278.103.51$29,856
Sep 201003,80972.633.98$15,158
Aug 20101804,41873.684.42$32,787
Jul 201004,46372.554.74$21,139
Jun 201004,46970.364.91$21,945
May 20101914,66871.124.24$33,354
Apr 201005,14281.694.12$21,199
Mar 201005,48678.394.39$24,076
Feb 201004,58473.585.44$24,948
Jan 201005,56374.365.96$33,178
Dec 20091824,54071.445.48$37,898
Nov 200904,77474.593.75$17,910
Oct 20091995,89872.544.11$38,678
Sep 200906,69865.543.06$20,528
Aug 200907,59767.423.22$24,451
Jul 200906,09561.133.46$21,116
Jun 20092045,41666.163.90$34,592
May 200978,28054.743.93$32,888
Apr 2009168,77946.773.59$32,243
Mar 20091769,08342.144.06$44,285
Feb 2009310,20832.814.63$47,392
Jan 200918813,45735.865.37$79,019
Dec 2008113,54437.105.98$80,991
Nov 2008617,10255.496.86$117,659
Oct 2008012,74675.246.92$88,228

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.

Mar 2014 — as filed, then multipliedworked
Condensate            44 bbl  × $ 95.89 =     $4,219
Gas                   48 Mcf  × $  5.06 =       $243

────────────────────────────────────────────────────
Month total                                   $4,462

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/245891 is the state's own key, not one this site invented.