HALL

Operated by BLACKBEARD OPERATING, LLC (P-5 73056) 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 248139District 09Field 65280200CondensateGasSaveExport
Value, all time
$2.3 M
Jul 2008 – Apr 2021
Value, last 12 filed months
$0
at the published price for each month
Months reported
154
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
CondensateDisposition2,067 bbl$139,100
GasProduction400,153 Mcf$2,143,602
Total$2,282,702

Every month this lease reported (154)

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

154 months

Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 2018116065.142.93$7,556
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 201707549.292.98$224
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160127.352.36$2
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150340.162.87$9
Jul 20151729148.152.95$8,550
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 201503144.662.98$92
Jan 20150043.433.10$0
Dec 201402154.693.59$75
Nov 20140070.464.25$0
Oct 201402,08978.303.90$8,149
Sep 2014060486.164.05$2,443
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 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 201301,69091.824.35$7,359
Nov 201301,73088.853.74$6,467
Oct 201301,53297.423.78$5,790
Sep 20130839104.113.72$3,119
Aug 201302,190104.253.52$7,715
Jul 201302,949102.523.72$10,964
Jun 201301,23894.403.93$4,870
May 201302,31994.834.15$9,622
Apr 201301,78993.964.28$7,662
Mar 20131452,29693.623.91$22,559
Feb 201301,63191.233.42$5,578
Jan 201302,40191.603.42$8,211
Dec 201202,13886.773.42$7,312
Nov 201204,33686.953.62$15,718
Oct 201202,89989.383.40$9,856
Sep 201203,90994.672.92$11,408
Aug 201203,05892.662.91$8,893
Jul 2012016685.133.02$501
Jun 2012019479.822.52$489
May 2012016291.612.49$403
Apr 20120217101.652.00$433
Mar 20120385105.052.22$856
Feb 20121421,140101.102.57$17,286
Jan 201203,83598.092.73$10,485
Dec 201103,21496.873.24$10,413
Nov 201104,14195.723.31$13,712
Oct 201105,70384.983.65$20,808
Sep 2011012083.623.99$478
Aug 2011030483.404.15$1,261
Jul 2011025594.144.52$1,152
Jun 201101,35892.904.64$6,301
May 20111564,63498.134.40$35,720
Apr 201104,699105.964.33$20,362
Mar 201102,15696.364.06$8,748
Feb 201101,62885.644.18$6,805
Jan 201105,93986.504.59$27,253
Dec 201001,62485.734.35$7,061
Nov 201004,47680.843.80$16,988
Oct 201005,47978.103.51$19,225
Sep 201005,65972.633.98$22,520
Aug 2010894,96473.684.42$28,495
Jul 201004,78872.554.74$22,678
Jun 201006,55370.364.91$32,178
May 2010827,29171.124.24$36,711
Apr 2010010,39081.694.12$42,835
Mar 201005,49078.394.39$24,094
Feb 2010969,78273.585.44$60,301
Jan 201007,04974.365.96$42,041
Dec 20091896,33871.445.48$48,258
Nov 200907,62774.593.75$28,613
Oct 200907,00372.544.11$28,784
Sep 20091067,99765.543.06$31,456
Aug 200907,62467.423.22$24,538
Jul 200909,93061.133.46$34,402
Jun 200909,58166.163.90$37,318
May 200919212,37054.743.93$59,072
Apr 2009012,34546.773.59$44,288
Mar 20091949,10042.144.06$45,112
Feb 2009012,77832.814.63$59,200
Jan 200919612,25235.865.37$72,834
Dec 2008016,51037.105.98$98,683
Nov 2008216,02355.496.86$110,035
Oct 200819021,34975.246.92$162,073
Sep 2008021,978101.767.88$173,123
Aug 2008036,273114.228.48$307,705
Jul 2008017,421131.0811.39$198,415

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.

Jul 2018 — as filed, then multipliedworked
Condensate           116 bbl  × $ 65.14 =     $7,556
Gas                    0 Mcf  × $  2.93 =         $0

────────────────────────────────────────────────────
Month total                                   $7,556

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/248139 is the state's own key, not one this site invented.