NEWCOMB

Operated by TRINITY RIVER ENERGY OPER, LLC (P-5 870311) 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 248803District 09Field 65280200CondensateGasSaveExport
Value, all time
$668 k
May 2008 – May 2016
Value, last 12 filed months
$0
at the published price for each month
Months reported
97
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
CondensateDisposition2,260 bbl$142,555
GasProduction91,050 Mcf$525,013
Total$667,568

Every month this lease reported (97)

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

97 months

May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 201514042.892.93$600
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
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 20124663191.612.49$5,784
Apr 20120551101.652.00$1,100
Mar 20120562105.052.22$1,249
Feb 20120528101.102.57$1,357
Jan 2012055698.092.73$1,520
Dec 2011054396.873.24$1,759
Nov 2011051995.723.31$1,719
Oct 2011050884.983.65$1,853
Sep 2011049683.623.99$1,977
Aug 2011049183.404.15$2,037
Jul 2011041994.144.52$1,893
Jun 2011042992.904.64$1,991
May 2011041398.134.40$1,819
Apr 20110417105.964.33$1,807
Mar 20119935696.364.06$10,984
Feb 2011022985.644.18$957
Jan 2011041786.504.59$1,914
Dec 2010044085.734.35$1,913
Nov 2010080380.843.80$3,048
Oct 2010094578.103.51$3,316
Sep 2010375972.633.98$2,922
Aug 2010069673.684.42$3,076
Jul 2010099972.554.74$4,732
Jun 2010038170.364.91$1,871
May 201017049171.124.24$14,170
Apr 2010054781.694.12$2,255
Mar 2010050378.394.39$2,208
Feb 2010050673.585.44$2,754
Jan 2010091974.365.96$5,481
Dec 200901,73971.445.48$9,536
Nov 2009052374.593.75$1,962
Oct 200901,28372.544.11$5,273
Sep 20092032,99565.543.06$22,484
Aug 200904,10667.423.22$13,215
Jul 200903,21161.133.46$11,125
Jun 200903,95066.163.90$15,385
May 20091612,21054.743.93$17,489
Apr 200901,28446.773.59$4,606
Mar 20091572,19442.144.06$15,521
Feb 20091663,93832.814.63$23,691
Jan 200904,38835.865.37$23,568
Dec 20083426,91737.105.98$54,032
Nov 200835510,96655.496.86$94,930
Oct 200833317,84275.246.92$148,557
Sep 200801101.767.88$8
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 20081778,149123.1711.57$116,120

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 2015 — as filed, then multipliedworked
Condensate            14 bbl  × $ 42.89 =       $600
Gas                    0 Mcf  × $  2.93 =         $0

────────────────────────────────────────────────────
Month total                                     $600

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/248803 is the state's own key, not one this site invented.