ARNOLD 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 248950District 09Field 65280200CondensateGasSaveExport
Value, all time
$733 k
Jan 2008 – Oct 2014
Value, last 12 filed months
$0
at the published price for each month
Months reported
82
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
CondensateDisposition349 bbl$27,794
GasProduction172,127 Mcf$705,003
Total$732,797

Every month this lease reported (82)

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

82 months

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 201225085.133.02$2,128
Jun 20120079.822.52$0
May 20128424291.612.49$8,297
Apr 201202,813101.652.00$5,617
Mar 201202,900105.052.22$6,444
Feb 201202,483101.102.57$6,382
Jan 201202,55198.092.73$6,975
Dec 201102,85796.873.24$9,256
Nov 201102,55495.723.31$8,457
Oct 201102,97584.983.65$10,854
Sep 201102,94583.623.99$11,738
Aug 201103,00883.404.15$12,481
Jul 201102,92794.144.52$13,222
Jun 201102,86992.904.64$13,312
May 201102,88298.134.40$12,695
Apr 201103,199105.964.33$13,862
Mar 201103,24896.364.06$13,178
Feb 201193,32985.644.18$14,686
Jan 201133,29486.504.59$15,375
Dec 201083,02685.734.35$13,842
Nov 201083,48780.843.80$13,881
Oct 201053,68978.103.51$13,335
Sep 201013,54272.633.98$14,168
Aug 20101783,57373.684.42$28,905
Jul 201052,65872.554.74$12,952
Jun 201092,96670.364.91$15,197
May 201012,61771.124.24$11,155
Apr 201003,28281.694.12$13,531
Mar 201003,57078.394.39$15,668
Feb 201053,49573.585.44$19,389
Jan 201083,82974.365.96$23,431
Dec 200904,05671.445.48$22,242
Nov 200904,29374.593.75$16,105
Oct 200905,51572.544.11$22,668
Sep 200905,04765.543.06$15,468
Aug 200905,92367.423.22$19,063
Jul 200906,19161.133.46$21,449
Jun 200907,08466.163.90$27,592
May 200908,21254.743.93$32,238
Apr 2009010,84546.773.59$38,906
Mar 200905,50142.144.06$22,329
Feb 200909,93332.814.63$46,020
Jan 2009012,71735.865.37$68,303
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$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.

Jul 2012 — as filed, then multipliedworked
Condensate            25 bbl  × $ 85.13 =     $2,128
Gas                    0 Mcf  × $  3.02 =         $0

────────────────────────────────────────────────────
Month total                                   $2,128

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/248950 is the state's own key, not one this site invented.