DOS WILD HARE UNIT

Operated by WILLIAMS PROD. GULF COAST, L.P. (P-5 924558) 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 247547District 09Field 65280200CondensateGasSaveExport
Value, all time
$2.7 M
May 2008 – Sep 2010
Value, last 12 filed months
$900 k
at the published price for each month
Months reported
29
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
CondensateDisposition38 bbl$3,009
GasProduction447,515 Mcf$2,680,065
Total$2,683,074

Every month this lease reported (29)

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

29 months

Sep 20100072.633.98$0
Aug 2010068873.684.42$3,041
Jul 201009,20072.554.74$43,576
Jun 2010017,46670.364.91$85,765
May 2010021,71171.124.24$91,951
Apr 2010020,67981.694.12$85,253
Mar 2010626,64378.394.39$117,398
Feb 2010024,15573.585.44$131,460
Jan 2010016,22974.365.96$96,791
Dec 2009121,89271.445.48$120,122
Nov 2009022,33274.593.75$83,779
Oct 2009110,01272.544.11$41,224
Sep 200911,46665.543.06$4,558
Aug 200905,94867.423.22$19,144
Jul 200903,63961.133.46$12,607
Jun 200905,87166.163.90$22,868
May 2009025,47954.743.93$100,024
Apr 2009016,95646.773.59$60,830
Mar 2009015,11242.144.06$61,340
Feb 2009412,93332.814.63$60,050
Jan 2009018,05635.865.37$96,979
Dec 2008419,49237.105.98$116,655
Nov 2008018,61355.496.86$127,692
Oct 2008820,82175.246.92$144,724
Sep 2008318,552101.767.88$146,441
Aug 20081024,841114.228.48$211,869
Jul 2008023,206131.0811.39$264,303
Jun 2008025,523131.3313.03$332,632
May 200800123.1711.57$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.

Aug 2010 — as filed, then multipliedworked
Condensate             0 bbl  × $ 73.68 =         $0
Gas                  688 Mcf  × $  4.42 =     $3,041

────────────────────────────────────────────────────
Month total                                   $3,041

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/247547 is the state's own key, not one this site invented.