MUIR "M"

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 248416District 09Field 65280200CondensateGasSaveExport
Value, all time
$980 k
Jun 2008 – Aug 2014
Value, last 12 filed months
$0
at the published price for each month
Months reported
75
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
CondensateDisposition842 bbl$64,770
GasProduction142,539 Mcf$915,122
Total$979,892

Every month this lease reported (75)

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

75 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 20140095.895.06$0
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 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 20120176105.052.22$391
Feb 2012110101.102.57$1,112
Jan 20123229398.092.73$3,940
Dec 2011171396.873.24$1,689
Nov 20113457295.723.31$5,149
Oct 201101784.983.65$62
Sep 2011036483.623.99$1,451
Aug 201102,65983.404.15$11,033
Jul 2011312,33694.144.52$13,471
Jun 201101,45492.904.64$6,746
May 2011151,58698.134.40$8,458
Apr 201133434105.964.33$5,377
Mar 2011461,43996.364.06$10,271
Feb 20111825185.644.18$2,591
Jan 201151,06986.504.59$5,338
Dec 201064685.734.35$714
Nov 2010181780.843.80$1,520
Oct 2010031878.103.51$1,116
Sep 201002,00672.633.98$7,983
Aug 2010557,49273.684.42$37,162
Jul 201002,65872.554.74$12,590
Jun 201001,96370.364.91$9,639
May 2010782,72271.124.24$17,076
Apr 2010582,40981.694.12$14,670
Mar 201002,40378.394.39$10,546
Feb 201003,79273.585.44$20,637
Jan 2010174,75774.365.96$29,635
Dec 2009203,90571.445.48$22,843
Nov 2009394,44874.593.75$19,596
Oct 2009553,26372.544.11$17,401
Sep 2009345,02465.543.06$17,626
Aug 2009535,30467.423.22$20,644
Jul 2009535,46761.133.46$22,180
Jun 2009164,93366.163.90$20,273
May 2009415,01554.743.93$21,932
Apr 200905,43746.773.59$19,505
Mar 2009161,04342.144.06$4,908
Feb 200902,80232.814.63$12,982
Jan 2009117,19335.865.37$39,028
Dec 2008191,38837.105.98$9,001
Nov 2008041355.496.86$2,833
Oct 200804,44775.246.92$30,782
Sep 200801,775101.767.88$13,982
Aug 200883,555114.228.48$31,071
Jul 2008317,656131.0811.39$201,485
Jun 2008016,225131.3313.03$211,454

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 2012 — as filed, then multipliedworked
Condensate             0 bbl  × $105.05 =         $0
Gas                  176 Mcf  × $  2.22 =       $391

────────────────────────────────────────────────────
Month total                                     $391

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/248416 is the state's own key, not one this site invented.