PROPS FINDLEY D 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 249032District 09Field 65280200CondensateGasSaveExport
Value, all time
$4.6 M
Jan 2008 – Jul 2020
Value, last 12 filed months
$0
at the published price for each month
Months reported
151
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
CondensateDisposition1,692 bbl$142,536
GasProduction1,125,343 Mcf$4,463,568
Total$4,606,104

Every month this lease reported (151)

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

151 months

Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 201601,03146.193.09$3,186
Sep 201602,48341.553.10$7,699
Aug 20160041.442.92$0
Jul 201602,82541.622.92$8,261
Jun 201605,92545.352.69$15,914
May 201605,96242.521.99$11,871
Apr 201605,19636.561.99$10,345
Mar 201606,36233.011.79$11,413
Feb 201605,75026.472.06$11,866
Jan 201624,57527.352.36$10,872
Dec 201576,58032.362.00$13,396
Nov 201545,95338.792.17$13,057
Oct 201516,61443.552.43$16,093
Sep 201556,49442.992.76$18,128
Aug 201507,13940.162.87$20,507
Jul 201507,77948.152.95$22,910
Jun 201525,65156.152.88$16,403
May 201523,35255.212.96$10,017
Apr 2015176,89249.822.71$19,501
Mar 201557,92642.892.93$23,475
Feb 201506,90344.662.98$20,545
Jan 201507,50343.433.10$23,264
Dec 201407,77854.693.59$27,934
Nov 201407,29170.464.25$31,000
Oct 201407,33478.303.90$28,610
Sep 201406,99986.164.05$28,314
Aug 2014257,03989.394.04$30,638
Jul 201406,94996.564.18$29,044
Jun 201406,87298.164.74$32,552
May 201406,88994.734.73$32,561
Apr 201406,87895.944.81$33,077
Mar 201408,18695.895.06$41,395
Feb 201406,61397.406.19$40,948
Jan 201406,15290.404.86$29,903
Dec 201303,75491.824.35$16,347
Nov 201305,42388.853.74$20,273
Oct 201306,13097.423.78$23,167
Sep 201303,711104.113.72$13,797
Aug 201303,739104.253.52$13,171
Jul 20131465,093102.523.72$33,902
Jun 201302,65494.403.93$10,439
May 2013050294.834.15$2,083
Apr 2013033693.964.28$1,439
Mar 201308,03593.623.91$31,440
Feb 201306,17091.233.42$21,101
Jan 201305,54291.603.42$18,953
Dec 201206,60186.773.42$22,576
Nov 2012013,47686.953.62$48,850
Oct 2012013,27989.383.40$45,144
Sep 2012011,61794.672.92$33,903
Aug 2012014,41592.662.91$41,921
Jul 2012016,55985.133.02$50,021
Jun 20124515,93979.822.52$43,743
May 2012016,21091.612.49$40,336
Apr 2012015,690101.652.00$31,330
Mar 2012017,121105.052.22$38,044
Feb 2012016,970101.102.57$43,617
Jan 201218217,80298.092.73$66,524
Dec 2011018,34496.873.24$59,430
Nov 2011018,35595.723.31$60,779
Oct 2011019,33584.983.65$70,545
Sep 2011019,63183.623.99$78,245
Aug 2011019,55083.404.15$81,119
Jul 201117820,28394.144.52$108,380
Jun 2011019,97492.904.64$92,677
May 2011021,43498.134.40$94,413
Apr 2011021,441105.964.33$92,910
Mar 201119423,23596.364.06$112,966
Feb 2011221,18485.644.18$88,720
Jan 2011125,22386.504.59$115,829
Dec 2010326,30385.734.35$114,616
Nov 2010226,05480.843.80$99,045
Oct 201019027,83178.103.51$112,495
Sep 2010128,81372.633.98$114,733
Aug 2010527,10973.684.42$120,173
Jul 2010331,65572.554.74$150,151
Jun 201019832,74970.364.91$174,742
May 2010135,38471.124.24$149,930
Apr 201019342,57981.694.12$191,306
Mar 2010049,91678.394.39$219,065
Feb 201019955,89273.585.44$318,827
Jan 20107962,42674.365.96$378,189
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
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.

Oct 2016 — as filed, then multipliedworked
Condensate             0 bbl  × $ 46.19 =         $0
Gas                1,031 Mcf  × $  3.09 =     $3,186

────────────────────────────────────────────────────
Month total                                   $3,186

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/249032 is the state's own key, not one this site invented.