PLATINUM BLONDE

Operated by ARRINGTON OIL&GAS OPERATING LLC (P-5 33149) 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 249962District 09Field 65280200GasSaveExport
Value, all time
$3.0 M
Nov 2008 – Jan 2015
Value, last 12 filed months
$43
at the published price for each month
Months reported
75
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
GasProduction740,898 Mcf$3,019,084
Total$3,019,084

Every month this lease reported (75)

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

75 months

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 2014096.564.18$0
Jun 2014098.164.74$0
May 2014994.734.73$43
Apr 2014095.944.81$0
Mar 2014095.895.06$0
Feb 2014097.406.19$0
Jan 20142390.404.86$112
Dec 201315491.824.35$671
Nov 20139,32588.853.74$34,859
Oct 201310,89497.423.78$41,172
Sep 201311,875104.113.72$44,148
Aug 20135,405104.253.52$19,040
Jul 20134,533102.523.72$16,853
Jun 20136,60594.403.93$25,980
May 20137,87794.834.15$32,682
Apr 20137,29393.964.28$31,233
Mar 20137,05893.623.91$27,617
Feb 20137,22291.233.42$24,699
Jan 20135,08991.603.42$17,404
Dec 20123,06286.773.42$10,473
Nov 20122,90286.953.62$10,520
Oct 20123,57889.383.40$12,164
Sep 20125,37294.672.92$15,678
Aug 20126,64592.662.91$19,325
Jul 20125,34785.133.02$16,152
Jun 20125,92679.822.52$14,928
May 20126,37891.612.49$15,871
Apr 20127,023101.652.00$14,024
Mar 20126,763105.052.22$15,028
Feb 20127,221101.102.57$18,560
Jan 20128,18298.092.73$22,370
Dec 20118,77096.873.24$28,413
Nov 20119,20095.723.31$30,464
Oct 20118,90784.983.65$32,498
Sep 20119,45283.623.99$37,674
Aug 201112,40083.404.15$51,452
Jul 201110,83594.144.52$48,944
Jun 201111,05892.904.64$51,308
May 201111,69698.134.40$51,519
Apr 201113,059105.964.33$56,588
Mar 201115,98296.364.06$64,844
Feb 201116,59485.644.18$69,363
Jan 201126,57486.504.59$121,942
Dec 201023,45185.734.35$101,959
Nov 201030,11580.843.80$114,296
Oct 201035,57978.103.51$124,843
Sep 201039,86072.633.98$158,622
Aug 201041,88073.684.42$185,083
Jul 201055,39872.554.74$262,392
Jun 201069,15470.364.91$339,574
May 2010106,09171.124.24$449,319
Apr 201033,08281.694.12$136,387
Mar 2010078.394.39$0
Feb 2010073.585.44$0
Jan 2010074.365.96$0
Dec 2009071.445.48$0
Nov 2009074.593.75$0
Oct 2009072.544.11$0
Sep 2009065.543.06$0
Aug 2009067.423.22$0
Jul 2009061.133.46$0
Jun 2009066.163.90$0
May 2009054.743.93$0
Apr 2009046.773.59$0
Mar 2009042.144.06$0
Feb 2009032.814.63$0
Jan 2009035.865.37$0
Dec 2008037.105.98$0
Nov 2008055.496.86$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.

May 2014 — as filed, then multipliedworked
Gas                    9 Mcf  × $  4.73 =        $43

────────────────────────────────────────────────────
Month total                                      $43

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/249962 is the state's own key, not one this site invented.