SHOEBAR RANCH

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 248974District 09Field 65280200CondensateGasSaveExport
Value, all time
$2.8 M
Dec 2008 – Apr 2024
Value, last 12 filed months
$14 k
at the published price for each month
Months reported
185
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
CondensateDisposition2,334 bbl$174,457
GasProduction683,954 Mcf$2,630,825
Total$2,805,282

Every month this lease reported (185)

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

185 months

Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20247013573.023.30$5,557
Dec 2023019171.262.61$499
Nov 2023062877.892.81$1,763
Oct 202308785.443.09$269
Sep 202309589.042.74$260
Aug 2023010380.522.67$275
Jul 2023064674.852.64$1,707
Jun 2023062768.962.26$1,416
May 2023091670.622.23$2,040
Apr 2023089178.122.24$1,994
Mar 2023091772.852.39$2,195
Feb 20230075.112.47$0
Jan 20238683676.533.39$9,414
Dec 20220076.415.73$0
Nov 2022014285.005.65$802
Oct 2022019587.185.86$1,143
Sep 20224084.888.16$340
Aug 2022024494.529.13$2,227
Jul 20220340101.587.54$2,564
Jun 20220405115.097.98$3,231
May 202201,070109.378.43$9,023
Apr 20220139104.226.84$950
Mar 202201,006108.885.08$5,107
Feb 2022055391.054.86$2,687
Jan 202201,71281.844.54$7,769
Dec 202101,91771.323.90$7,475
Nov 2021083977.435.24$4,394
Oct 202101,27279.795.71$7,268
Sep 202101,56269.865.35$8,358
Aug 2021038766.024.22$1,633
Jul 2021042170.783.98$1,676
Jun 202101,69669.493.38$5,734
May 202102,53463.483.02$7,647
Apr 202151,04960.362.76$3,195
Mar 202101,44361.302.72$3,921
Feb 2021026857.805.55$1,487
Jan 202102,39950.412.81$6,742
Dec 2020621,34244.642.68$6,358
Nov 2020024538.772.71$663
Oct 202002,52736.972.48$6,263
Sep 2020024337.091.99$484
Aug 202002,25839.982.39$5,386
Jul 2020092338.371.83$1,685
Jun 2020071634.901.69$1,210
May 202001,58716.921.81$2,880
Apr 2020622,11814.751.80$4,736
Mar 202002,31530.341.86$4,297
Feb 202001,82349.881.98$3,611
Jan 202002,20557.252.09$4,619
Dec 201901,06859.012.30$2,461
Nov 201901,98155.302.75$5,449
Oct 201901,48853.472.42$3,599
Sep 201923,10955.052.66$8,372
Aug 201902,97653.112.30$6,858
Jul 201905,45456.272.46$13,417
Jun 2019621,47252.782.49$6,939
May 201907,57658.482.74$20,761
Apr 201902,99862.632.75$8,247
Mar 201901,32156.803.06$4,045
Feb 201905,76250.852.79$16,089
Jan 2019617,37246.033.23$26,606
Dec 201808,74246.594.19$36,589
Nov 201803,18652.934.24$13,500
Oct 201803,31061.443.40$11,248
Sep 201801,18059.543.11$3,667
Aug 2018678059.403.07$2,748
Jul 201801,70865.142.93$5,008
Jun 201802,87960.183.08$8,858
May 2018201,71165.382.90$6,271
Apr 201801,24863.842.90$3,620
Mar 201821,88961.222.79$5,387
Feb 201801,04661.782.77$2,893
Jan 2018063662.874.01$2,550
Dec 20173835557.272.92$3,213
Nov 201702,07055.423.12$6,455
Oct 201701,01049.292.98$3,014
Sep 201702,84947.523.09$8,796
Aug 201701,17745.373.00$3,536
Jul 2017431,23943.873.09$5,712
Jun 201702,51542.493.09$7,765
May 201702,79245.373.26$9,111
Apr 201703,15947.933.21$10,145
Mar 201731,39746.772.98$4,309
Feb 201711,31850.452.95$3,942
Jan 2017134949.413.42$1,243
Dec 201602,15848.763.72$8,034
Nov 20163486142.492.64$3,721
Oct 201602,17746.193.09$6,728
Sep 201602,62041.553.10$8,124
Aug 201602,53841.442.92$7,422
Jul 2016422,75141.622.92$9,793
Jun 201601,17745.352.69$3,161
May 201603,52742.521.99$7,022
Apr 201602,46536.561.99$4,908
Mar 20162950033.011.79$1,854
Feb 201601,92126.472.06$3,964
Jan 201612,84727.352.36$6,759
Dec 201522,31232.362.00$4,692
Nov 201512,77038.792.17$6,042
Oct 201501,95943.552.43$4,754
Sep 2015412,63342.992.76$9,026
Aug 201502,91740.162.87$8,379
Jul 2015332,38648.152.95$8,616
Jun 201501,09256.152.88$3,148
May 201502,02055.212.96$5,970
Apr 2015652,98349.822.71$11,312
Mar 201523,29842.892.93$9,764
Feb 201502,92244.662.98$8,696
Jan 201501,22743.433.10$3,804
Dec 2014403,05554.693.59$13,159
Nov 201402,64370.464.25$11,238
Oct 201403,02778.303.90$11,808
Sep 201402,58486.164.05$10,453
Aug 201402,41989.394.04$9,761
Jul 2014472,81796.564.18$16,312
Jun 201403,04398.164.74$14,414
May 201403,37394.734.73$15,943
Apr 201402,70195.944.81$12,989
Mar 201403,10895.895.06$15,717
Feb 2014542,19297.406.19$18,832
Jan 201403,40190.404.86$16,531
Dec 201302,97491.824.35$12,950
Nov 201302,48288.853.74$9,278
Oct 201302,49497.423.78$9,426
Sep 201303,043104.113.72$11,313
Aug 2013922,965104.253.52$20,036
Jul 201303,229102.523.72$12,005
Jun 201302,86094.403.93$11,250
May 201303,60294.834.15$14,945
Apr 201304,33593.964.28$18,565
Mar 201302,33393.623.91$9,129
Feb 20131653,17591.233.42$25,911
Jan 201303,72391.603.42$12,732
Dec 201203,21086.773.42$10,979
Nov 201203,70286.953.62$13,420
Oct 201203,93689.383.40$13,381
Sep 201203,38594.672.92$9,879
Aug 201203,91892.662.91$11,394
Jul 201203,83085.133.02$11,570
Jun 2012044479.822.52$1,118
May 20121554,05891.612.49$24,297
Apr 201204,437101.652.00$8,860
Mar 201203,779105.052.22$8,397
Feb 201204,752101.102.57$12,214
Jan 201204,63798.092.73$12,678
Dec 20111685,30396.873.24$33,455
Nov 201105,49995.723.31$18,209
Oct 201105,63584.983.65$20,560
Sep 201105,47883.623.99$21,834
Aug 201104,77683.404.15$19,817
Jul 201106,61994.144.52$29,900
Jun 20111575,90892.904.64$41,998
May 201107,00398.134.40$30,847
Apr 201105,319105.964.33$23,049
Mar 201106,61296.364.06$26,827
Feb 20111674,76985.644.18$34,236
Jan 201117,39886.504.59$34,034
Dec 201006,02885.734.35$26,208
Nov 201058,37580.843.80$32,190
Oct 20101658,20478.103.51$41,673
Sep 2010011,93472.633.98$47,491
Aug 201008,70273.684.42$38,457
Jul 201003,32572.554.74$15,749
Jun 20101718,75170.364.91$55,002
May 201005,97271.124.24$25,293
Apr 20101695,65081.694.12$37,099
Mar 2010010,42578.394.39$45,752
Feb 201007,09673.585.44$38,619
Jan 201009,42774.365.96$56,223
Dec 200905,44071.445.48$29,832
Nov 2009011,59474.593.75$43,495
Oct 2009015,02372.544.11$61,748
Sep 200909,62665.543.06$29,501
Aug 2009012,62667.423.22$40,637
Jul 2009012,16161.133.46$42,132
Jun 200906,45166.163.90$25,127
May 2009021,27654.743.93$83,524
Apr 2009019,77846.773.59$70,954
Mar 2009017,04742.144.06$69,194
Feb 2009024,09632.814.63$111,637
Jan 2009047,05235.865.37$252,716
Dec 2008010,76037.105.98$64,314

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.

Jan 2024 — as filed, then multipliedworked
Condensate            70 bbl  × $ 73.02 =     $5,111
Gas                  135 Mcf  × $  3.30 =       $445

────────────────────────────────────────────────────
Month total                                   $5,557

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/248974 is the state's own key, not one this site invented.