KITE 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 248945District 09Field 65280200GasSaveExport
Value, all time
$2.4 M
Jan 2008 – Dec 2013
Value, last 12 filed months
$0
at the published price for each month
Months reported
72
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
GasProduction607,667 Mcf$2,422,956
Total$2,422,956

Every month this lease reported (72)

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

72 months

Dec 2013091.824.35$0
Nov 2013088.853.74$0
Oct 2013097.423.78$0
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 2012139101.652.00$278
Mar 20128,672105.052.22$19,270
Feb 20128,952101.102.57$23,009
Jan 201210,83998.092.73$29,635
Dec 20119,17396.873.24$29,718
Nov 201110,76495.723.31$35,643
Oct 201111,49284.983.65$41,929
Sep 201111,67683.623.99$46,538
Aug 201112,17883.404.15$50,530
Jul 201111,97194.144.52$54,076
Jun 201110,68692.904.64$49,582
May 201112,98298.134.40$57,183
Apr 201112,646105.964.33$54,799
Mar 201115,95396.364.06$64,727
Feb 201110,60685.644.18$44,333
Jan 201115,90086.504.59$72,962
Dec 201029,87285.734.35$129,876
Nov 201020,54780.843.80$77,983
Oct 201024,19378.103.51$84,891
Sep 201023,75372.633.98$94,524
Aug 201023,76273.684.42$105,013
Jul 201023,77772.554.74$112,620
Jun 201018,49470.364.91$90,813
May 20103,52971.124.24$14,946
Apr 2010081.694.12$0
Mar 2010078.394.39$0
Feb 20101,49973.585.44$8,158
Jan 201018,39074.365.96$109,680
Dec 200926,87571.445.48$147,376
Nov 200927,27974.593.75$102,337
Oct 200933,21472.544.11$136,518
Sep 200937,19765.543.06$114,000
Aug 200942,09967.423.22$135,496
Jul 200949,86361.133.46$172,750
Jun 200928,69566.163.90$111,767
May 2009054.743.93$0
Apr 2009046.773.59$0
Mar 2009042.144.06$0
Feb 2009032.814.63$0
Jan 2009035.865.37$0
Dec 2008037.105.98$0
Nov 2008055.496.86$0
Oct 2008075.246.92$0
Sep 20080101.767.88$0
Aug 20080114.228.48$0
Jul 20080131.0811.39$0
Jun 20080131.3313.03$0
May 20080123.1711.57$0
Apr 20080110.3110.45$0
Mar 20080101.909.66$0
Feb 2008092.538.77$0
Jan 2008090.388.21$0

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.

Apr 2012 — as filed, then multipliedworked
Gas                  139 Mcf  × $  2.00 =       $278

────────────────────────────────────────────────────
Month total                                     $278

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/248945 is the state's own key, not one this site invented.