BLUE DRAKE WOODY "B"

Operated by TEP BARNETT USA, LLC (P-5 842986) 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 249045District 09Field 65280200GasSaveExport
Value, all time
$2.9 M
Feb 2009 – Apr 2022
Value, last 12 filed months
$0
at the published price for each month
Months reported
159
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
GasProduction737,968 Mcf$2,879,975
Total$2,879,975

Every month this lease reported (159)

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

159 months

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 2018063.842.90$0
Mar 2018061.222.79$0
Feb 2018061.782.77$0
Jan 2018062.874.01$0
Dec 2017057.272.92$0
Nov 2017055.423.12$0
Oct 2017049.292.98$0
Sep 2017047.523.09$0
Aug 2017045.373.00$0
Jul 2017043.873.09$0
Jun 2017042.493.09$0
May 2017045.373.26$0
Apr 2017047.933.21$0
Mar 2017046.772.98$0
Feb 2017050.452.95$0
Jan 2017049.413.42$0
Dec 2016048.763.72$0
Nov 2016042.492.64$0
Oct 2016046.193.09$0
Sep 2016041.553.10$0
Aug 2016041.442.92$0
Jul 2016041.622.92$0
Jun 2016045.352.69$0
May 2016042.521.99$0
Apr 2016036.561.99$0
Mar 2016033.011.79$0
Feb 2016026.472.06$0
Jan 2016027.352.36$0
Dec 2015032.362.00$0
Nov 2015038.792.17$0
Oct 2015043.552.43$0
Sep 2015042.992.76$0
Aug 2015040.162.87$0
Jul 2015048.152.95$0
Jun 2015056.152.88$0
May 2015055.212.96$0
Apr 2015049.822.71$0
Mar 201541542.892.93$1,218
Feb 2015044.662.98$0
Jan 2015043.433.10$0
Dec 20141,33254.693.59$4,784
Nov 2014070.464.25$0
Oct 20142,94178.303.90$11,473
Sep 20148,90886.164.05$36,037
Aug 20144,31789.394.04$17,420
Jul 20142,50096.564.18$10,449
Jun 20144,17398.164.74$19,767
May 20143,91594.734.73$18,504
Apr 20148,38195.944.81$40,305
Mar 20144,33695.895.06$21,926
Feb 201410,56397.406.19$65,406
Jan 20146,72690.404.86$32,693
Dec 20132,70291.824.35$11,766
Nov 20138,90888.853.74$33,301
Oct 201310,75697.423.78$40,651
Sep 201311,667104.113.72$43,375
Aug 201311,976104.253.52$42,187
Jul 201310,892102.523.72$40,494
Jun 201310,69994.403.93$42,084
May 2013094.834.15$0
Apr 20135,74793.964.28$24,612
Mar 20134,86693.623.91$19,040
Feb 20135,97491.233.42$20,431
Jan 201312,58291.603.42$43,029
Dec 201210,82186.773.42$37,010
Nov 201211,97786.953.62$43,416
Oct 201213,67689.383.40$46,494
Sep 201211,54994.672.92$33,705
Aug 201211,71592.662.91$34,069
Jul 20128,12685.133.02$24,547
Jun 20123,20679.822.52$8,076
May 2012091.612.49$0
Apr 20129,886101.652.00$19,740
Mar 201213,978105.052.22$31,060
Feb 20120101.102.57$0
Jan 20127,50398.092.73$20,514
Dec 20113,44696.873.24$11,164
Nov 201115,77995.723.31$52,249
Oct 20112,34884.983.65$8,567
Sep 201114,84383.623.99$59,161
Aug 20119,31383.404.15$38,643
Jul 201120,52694.144.52$92,721
Jun 201117,00492.904.64$78,897
May 201112,87098.134.40$56,690
Apr 201121,966105.964.33$95,185
Mar 2011096.364.06$0
Feb 2011085.644.18$0
Jan 2011086.504.59$0
Dec 2010085.734.35$0
Nov 20104,84180.843.80$18,373
Oct 2010078.103.51$0
Sep 2010072.633.98$0
Aug 2010073.684.42$0
Jul 201014,07572.554.74$66,666
Jun 2010070.364.91$0
May 201013,53971.124.24$57,341
Apr 201018,54181.694.12$76,439
Mar 201014,37578.394.39$63,087
Feb 201011,06473.585.44$60,214
Jan 201011,20774.365.96$66,840
Dec 2009071.445.48$0
Nov 200915,91174.593.75$59,690
Oct 200919,18472.544.11$78,851
Sep 200916,08665.543.06$49,300
Aug 200931,81167.423.22$102,384
Jul 200924,14261.133.46$83,640
Jun 200921,15266.163.90$82,387
May 200937,99154.743.93$149,143
Apr 200938,54746.773.59$138,287
Mar 200949,50542.144.06$200,941
Feb 200920,18932.814.63$93,536

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.

Mar 2015 — as filed, then multipliedworked
Gas                  415 Mcf  × $  2.93 =     $1,218

────────────────────────────────────────────────────
Month total                                   $1,218

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/249045 is the state's own key, not one this site invented.