PREMIER UNIT

Operated by SAGE NATURAL RESOURCES LLC (P-5 743223) 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 249027District 09Field 65280200GasSave
Value, all time
$4.7 M
Dec 2008 – Jun 2023
Value, last 12 filed months
$0
at the published price for each month
Months reported
175
no gaps in the span
Streams
1
gas

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
GasProduction1,270,299 Mcf$4,704,322
Total$4,704,322

Every month this lease reported (175)

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

175 months

Jun 2023068.962.26$0
May 2023070.622.23$0
Apr 2023078.122.24$0
Mar 2023072.852.39$0
Feb 2023075.112.47$0
Jan 2023076.533.39$0
Dec 2022076.415.73$0
Nov 2022085.005.65$0
Oct 2022087.185.86$0
Sep 2022084.888.16$0
Aug 2022094.529.13$0
Jul 20220101.587.54$0
Jun 20220115.097.98$0
May 20220109.378.43$0
Apr 20220104.226.84$0
Mar 20220108.885.08$0
Feb 2022091.054.86$0
Jan 2022081.844.54$0
Dec 2021071.323.90$0
Nov 2021077.435.24$0
Oct 2021079.795.71$0
Sep 2021069.865.35$0
Aug 2021066.024.22$0
Jul 2021070.783.98$0
Jun 2021069.493.38$0
May 2021063.483.02$0
Apr 2021060.362.76$0
Mar 2021061.302.72$0
Feb 2021057.805.55$0
Jan 2021050.412.81$0
Dec 2020044.642.68$0
Nov 2020038.772.71$0
Oct 2020036.972.48$0
Sep 2020037.091.99$0
Aug 2020039.982.39$0
Jul 2020038.371.83$0
Jun 2020034.901.69$0
May 2020016.921.81$0
Apr 2020014.751.80$0
Mar 2020030.341.86$0
Feb 2020049.881.98$0
Jan 2020057.252.09$0
Dec 2019059.012.30$0
Nov 2019055.302.75$0
Oct 2019053.472.42$0
Sep 2019055.052.66$0
Aug 2019053.112.30$0
Jul 2019056.272.46$0
Jun 2019052.782.49$0
May 2019058.482.74$0
Apr 2019062.632.75$0
Mar 2019056.803.06$0
Feb 2019050.852.79$0
Jan 2019046.033.23$0
Dec 2018046.594.19$0
Nov 2018052.934.24$0
Oct 2018061.443.40$0
Sep 2018059.543.11$0
Aug 2018059.403.07$0
Jul 2018065.142.93$0
Jun 2018060.183.08$0
May 2018065.382.90$0
Apr 20182,34763.842.90$6,808
Mar 20186,45661.222.79$17,992
Feb 20185,04561.782.77$13,955
Jan 20186,74862.874.01$27,055
Dec 20175,76657.272.92$16,845
Nov 20175,26655.423.12$16,421
Oct 20176,45549.292.98$19,260
Sep 20176,84847.523.09$21,142
Aug 20178,13745.373.00$24,447
Jul 20179,70643.873.09$29,965
Jun 20178,26542.493.09$25,516
May 20179,32545.373.26$30,431
Apr 20179,67547.933.21$31,072
Mar 201710,11246.772.98$30,171
Feb 20179,66850.452.95$28,546
Jan 201710,19549.413.42$34,855
Dec 20169,68548.763.72$36,056
Nov 20169,43742.492.64$24,955
Oct 20169,69046.193.09$29,945
Sep 20161,65141.553.10$5,119
Aug 20161541.442.92$44
Jul 2016041.622.92$0
Jun 20161,62445.352.69$4,362
May 20167,57842.521.99$15,088
Apr 201610,11936.561.99$20,147
Mar 201611,48433.011.79$20,602
Feb 201610,43126.472.06$21,526
Jan 201611,01727.352.36$26,048
Dec 201513,51432.362.00$27,047
Nov 201512,36738.792.17$26,803
Oct 201511,61143.552.43$28,175
Sep 201512,97442.992.76$35,788
Aug 201513,39940.162.87$38,488
Jul 201511,82948.152.95$34,837
Jun 201511,08356.152.88$31,951
May 201513,38855.212.96$39,568
Apr 20154,97749.822.71$13,471
Mar 201594742.892.93$2,779
Feb 2015044.662.98$0
Jan 2015043.433.10$0
Dec 2014054.693.59$0
Nov 2014070.464.25$0
Oct 2014078.303.90$0
Sep 2014086.164.05$0
Aug 2014089.394.04$0
Jul 20147,41996.564.18$31,008
Jun 201413,42098.164.74$63,569
May 201414,10194.734.73$66,649
Apr 201412,85395.944.81$61,812
Mar 201412,63895.895.06$63,908
Feb 20147,25397.406.19$44,911
Jan 20149,80790.404.86$47,669
Dec 20135,59291.824.35$24,350
Nov 201314,33988.853.74$53,603
Oct 201316,76897.423.78$63,372
Sep 201316,012104.113.72$59,528
Aug 201316,213104.253.52$57,112
Jul 201314,624102.523.72$54,368
Jun 20133,66894.403.93$14,428
May 2013094.834.15$0
Apr 2013893.964.28$34
Mar 20131593.623.91$59
Feb 2013091.233.42$0
Jan 2013091.603.42$0
Dec 20129,49386.773.42$32,468
Nov 201213,82186.953.62$50,101
Oct 201214,88789.383.40$50,611
Sep 201215,84194.672.92$46,230
Aug 201217,53092.662.91$50,980
Jul 201217,06485.133.02$51,547
Jun 20123,26779.822.52$8,230
May 20123,69991.612.49$9,204
Apr 20121,823101.652.00$3,640
Mar 20121,070105.052.22$2,378
Feb 20121,102101.102.57$2,832
Jan 201227098.092.73$738
Dec 20118,73396.873.24$28,293
Nov 201119,34195.723.31$64,043
Oct 201119,54984.983.65$71,325
Sep 201122,74983.623.99$90,673
Aug 201125,61583.404.15$106,285
Jul 201125,62594.144.52$115,754
Jun 201127,29592.904.64$126,646
May 201129,83698.134.40$131,422
Apr 201130,425105.964.33$131,840
Mar 20115,33896.364.06$21,658
Feb 2011085.644.18$0
Jan 201187586.504.59$4,015
Dec 201094385.734.35$4,100
Nov 20102,95280.843.80$11,204
Oct 201010,00378.103.51$35,099
Sep 201010,51972.633.98$41,860
Aug 201012,10273.684.42$53,483
Jul 201013,90472.554.74$65,856
Jun 201014,35470.364.91$70,484
May 201015,26571.124.24$64,651
Apr 201016,54681.694.12$68,214
Mar 201020,64178.394.39$90,587
Feb 201020,37973.585.44$110,910
Jan 201017,51474.365.96$104,455
Dec 20099,70471.445.48$53,214
Nov 200921,73974.593.75$81,554
Oct 200930,51972.544.11$125,441
Sep 200925,87465.543.06$79,297
Aug 200940,42567.423.22$130,108
Jul 200943,23561.133.46$149,788
Jun 200923,28166.163.90$90,680
May 200962,26954.743.93$244,453
Apr 200936,17146.773.59$129,763
Mar 200933,14842.144.06$134,548
Feb 2009032.814.63$0
Jan 2009035.865.37$0
Dec 2008037.105.98$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 2018 — as filed, then multipliedworked
Gas                2,347 Mcf  × $  2.90 =     $6,808

────────────────────────────────────────────────────
Month total                                   $6,808

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/249027 is the state's own key, not one this site invented.