MADER UNIT

Operated by XTO ENERGY INC. (P-5 945936) 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 248339District 09Field 65280200GasSaveExport
Value, all time
$168 k
Apr 2007 – Sep 2013
Value, last 12 filed months
$0
at the published price for each month
Months reported
78
no gaps in the span
Streams
1
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
GasProduction21,833 Mcf$167,831
Total$167,831

Every month this lease reported (78)

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

78 months

Sep 20130104.113.72$0
Aug 20130104.253.52$0
Jul 20130102.523.72$0
Jun 2013094.403.93$0
May 2013094.834.15$0
Apr 2013093.964.28$0
Mar 2013093.623.91$0
Feb 2013091.233.42$0
Jan 2013091.603.42$0
Dec 2012086.773.42$0
Nov 2012086.953.62$0
Oct 2012089.383.40$0
Sep 2012094.672.92$0
Aug 2012092.662.91$0
Jul 2012085.133.02$0
Jun 2012079.822.52$0
May 2012091.612.49$0
Apr 20120101.652.00$0
Mar 20120105.052.22$0
Feb 20120101.102.57$0
Jan 2012098.092.73$0
Dec 20111896.873.24$58
Nov 2011095.723.31$0
Oct 20113184.983.65$113
Sep 2011083.623.99$0
Aug 20111683.404.15$66
Jul 20112294.144.52$99
Jun 2011092.904.64$0
May 20112798.134.40$119
Apr 20110105.964.33$0
Mar 2011196.364.06$4
Feb 2011885.644.18$33
Jan 20111986.504.59$87
Dec 2010085.734.35$0
Nov 20101780.843.80$65
Oct 2010078.103.51$0
Sep 20102172.633.98$84
Aug 2010073.684.42$0
Jul 2010972.554.74$43
Jun 2010870.364.91$39
May 2010071.124.24$0
Apr 201022981.694.12$944
Mar 2010078.394.39$0
Feb 201022373.585.44$1,214
Jan 2010074.365.96$0
Dec 200923371.445.48$1,278
Nov 2009074.593.75$0
Oct 20095972.544.11$243
Sep 2009065.543.06$0
Aug 20094467.423.22$142
Jul 2009361.133.46$10
Jun 20098166.163.90$316
May 2009054.743.93$0
Apr 20091846.773.59$65
Mar 20098442.144.06$341
Feb 2009032.814.63$0
Jan 2009035.865.37$0
Dec 20082837.105.98$167
Nov 2008055.496.86$0
Oct 2008075.246.92$0
Sep 20080101.767.88$0
Aug 20080114.228.48$0
Jul 2008147131.0811.39$1,674
Jun 20085131.3313.03$65
May 20080123.1711.57$0
Apr 2008570110.3110.45$5,959
Mar 2008779101.909.66$7,528
Feb 200869292.538.77$6,069
Jan 20081,10490.388.21$9,059
Dec 200734988.337.30$2,548
Nov 2007091.677.29$0
Oct 2007082.856.92$0
Sep 200783875.846.24$5,233
Aug 200722069.066.39$1,405
Jul 200725570.906.39$1,629
Jun 20075,82562.007.55$43,970
May 20076,82758.747.85$53,567
Apr 20073,02359.617.81$23,595

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.

Dec 2011 — as filed, then multipliedworked
Gas                   18 Mcf  × $  3.24 =        $58

────────────────────────────────────────────────────
Month total                                      $58

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/248339 is the state's own key, not one this site invented.