PILOT

Operated by STEPHENS & JOHNSON OPERATING CO. (P-5 817555) 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 248363District 09Field 65280200CondensateGasSaveExport
Value, all time
$3.9 M
Apr 2008 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
218
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
CondensateDisposition657 bbl$60,484
GasProduction831,585 Mcf$3,866,086
Total$3,926,570

Every month this lease reported (218)

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

218 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 2021018057.805.55$999
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 2020092449.881.98$1,830
Jan 202001,27357.252.09$2,667
Dec 2019061359.012.30$1,413
Nov 201901,79455.302.75$4,935
Oct 201902,14253.472.42$5,181
Sep 201902,03855.052.66$5,416
Aug 201901,96653.112.30$4,530
Jul 201902,32456.272.46$5,717
Jun 201902,22852.782.49$5,550
May 201902,49358.482.74$6,832
Apr 201902,48962.632.75$6,846
Mar 201902,47356.803.06$7,573
Feb 201902,65550.852.79$7,413
Jan 201903,31946.033.23$10,714
Dec 201803,29546.594.19$13,791
Nov 201803,14052.934.24$13,305
Oct 201803,04961.443.40$10,361
Sep 201803,03959.543.11$9,445
Aug 201803,16559.403.07$9,706
Jul 201803,25565.142.93$9,543
Jun 201803,13560.183.08$9,646
May 201803,30165.382.90$9,576
Apr 201802,14263.842.90$6,214
Mar 201803,82461.222.79$10,657
Feb 201803,29861.782.77$9,123
Jan 201801,06662.874.01$4,274
Dec 201702,51457.272.92$7,345
Nov 201701,96355.423.12$6,121
Oct 201703,03449.292.98$9,052
Sep 201703,01847.523.09$9,317
Aug 201703,16445.373.00$9,506
Jul 2017733,41043.873.09$13,730
Jun 201703,28442.493.09$10,139
May 201703,23645.373.26$10,560
Apr 201703,30847.933.21$10,624
Mar 201703,61846.772.98$10,795
Feb 201703,61150.452.95$10,662
Jan 201703,82249.413.42$13,067
Dec 201603,77748.763.72$14,061
Nov 201604,10842.492.64$10,863
Oct 201602,69946.193.09$8,341
Sep 201602,65441.553.10$8,229
Aug 201602,96541.442.92$8,671
Jul 201602,85541.622.92$8,349
Jun 201603,04645.352.69$8,181
May 201602,87442.521.99$5,722
Apr 201603,56536.561.99$7,098
Mar 201602,89033.011.79$5,185
Feb 201603,83926.472.06$7,922
Jan 201604,76927.352.36$11,276
Dec 201501,71732.362.00$3,436
Nov 201503,80838.792.17$8,253
Oct 201503,87843.552.43$9,410
Sep 201503,02042.992.76$8,330
Aug 201501,45740.162.87$4,185
Jul 2015083448.152.95$2,456
Jun 201503,88656.152.88$11,203
May 201503,80555.212.96$11,245
Apr 201503,87849.822.71$10,496
Mar 201504,22142.892.93$12,387
Feb 201503,74144.662.98$11,134
Jan 201504,32043.433.10$13,395
Dec 201404,18054.693.59$15,012
Nov 201404,15770.464.25$17,675
Oct 201404,47378.303.90$17,449
Sep 201404,57086.164.05$18,488
Aug 201404,64289.394.04$18,731
Jul 201404,74496.564.18$19,828
Jun 201402,89398.164.74$13,704
May 201403,45994.734.73$16,349
Apr 201404,88095.944.81$23,469
Mar 201405,45195.895.06$27,565
Feb 201401,51097.406.19$9,350
Jan 201404,73990.404.86$23,035
Dec 201304,06991.824.35$17,718
Nov 201303,81788.853.74$14,269
Oct 201303,57097.423.78$13,492
Sep 201303,213104.113.72$11,945
Aug 201303,785104.253.52$13,333
Jul 201303,971102.523.72$14,763
Jun 201304,21794.403.93$16,587
May 201304,05794.834.15$16,833
Apr 201304,25493.964.28$18,218
Mar 201304,52893.623.91$17,717
Feb 201303,92591.233.42$13,423
Jan 201304,96291.603.42$16,970
Dec 201205,36286.773.42$18,339
Nov 201205,19186.953.62$18,817
Oct 2012225,48789.383.40$20,620
Sep 201205,61794.672.92$16,393
Aug 201205,62892.662.91$16,367
Jul 201205,97285.133.02$18,040
Jun 201205,86679.822.52$14,777
May 201206,25191.612.49$15,554
Apr 201206,225101.652.00$12,430
Mar 201205,975105.052.22$13,277
Feb 201206,266101.102.57$16,105
Jan 201207,80898.092.73$21,348
Dec 201107,16896.873.24$23,222
Nov 201105,96095.723.31$19,735
Oct 201104,73584.983.65$17,276
Sep 201104,05183.623.99$16,146
Aug 201104,78583.404.15$19,855
Jul 201105,47094.144.52$24,709
Jun 201105,49692.904.64$25,501
May 201107,36098.134.40$32,419
Apr 2011247,458105.964.33$34,861
Mar 2011010,28096.364.06$41,709
Feb 201106,95785.644.18$29,080
Jan 2011114,99186.504.59$23,854
Dec 2010539,76585.734.35$46,999
Nov 201007,97780.843.80$30,275
Oct 201008,30878.103.51$29,152
Sep 201008,87572.633.98$35,318
Aug 2010339,68373.684.42$45,224
Jul 201009,56772.554.74$45,314
Jun 201009,49470.364.91$46,619
May 2010010,10171.124.24$42,780
Apr 2010529,85581.694.12$44,877
Mar 2010010,61678.394.39$46,590
Feb 201009,79873.585.44$53,324
Jan 20106211,38574.365.96$72,511
Dec 2009011,55471.445.48$63,359
Nov 2009011,92874.593.75$44,748
Oct 2009011,74572.544.11$48,275
Sep 2009011,91565.543.06$36,517
Aug 2009369,86367.423.22$34,171
Jul 20092312,03661.133.46$43,105
Jun 2009013,74566.163.90$53,537
May 2009013,07654.743.93$51,333
Apr 2009013,09346.773.59$46,971
Mar 2009012,94842.144.06$52,556
Feb 2009014,32132.814.63$66,349
Jan 2009014,34835.865.37$77,063
Dec 2008015,26137.105.98$91,217
Nov 2008015,72955.496.86$107,907
Oct 2008016,23475.246.92$112,371
Sep 20088113,783101.767.88$116,812
Aug 2008017,895114.228.48$151,804
Jul 20084018,093131.0811.39$211,312
Jun 20089118,423131.3313.03$252,051
May 20084220,106123.1711.57$237,886
Apr 2008144,432110.3110.45$47,880

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.

Feb 2021 — as filed, then multipliedworked
Condensate             0 bbl  × $ 57.80 =         $0
Gas                  180 Mcf  × $  5.55 =       $999

────────────────────────────────────────────────────
Month total                                     $999

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/248363 is the state's own key, not one this site invented.