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 250677District 09Field 65280200CondensateGasSaveExport
Value, all time
$1.9 M
Jan 2009 – Apr 2024
Value, last 12 filed months
$6 k
at the published price for each month
Months reported
184
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
CondensateDisposition2,025 bbl$158,490
GasProduction493,457 Mcf$1,767,211
Total$1,925,701

Every month this lease reported (184)

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

184 months

Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 202447073.023.30$3,432
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 2023048768.962.26$1,100
May 2023083970.622.23$1,869
Apr 2023081278.122.24$1,817
Mar 2023083772.852.39$2,003
Feb 2023075875.112.47$1,869
Jan 2023095776.533.39$3,242
Dec 2022083976.415.73$4,807
Nov 202201,22685.005.65$6,922
Oct 202201,39387.185.86$8,168
Sep 202211084.888.16$934
Aug 2022030094.529.13$2,738
Jul 20220464101.587.54$3,500
Jun 202201,104115.097.98$8,807
May 20220801109.378.43$6,755
Apr 20220777104.226.84$5,313
Mar 202201,154108.885.08$5,858
Feb 2022045791.054.86$2,220
Jan 202201,43981.844.54$6,530
Dec 202102,07771.323.90$8,098
Nov 202101,96177.435.24$10,269
Oct 202102,15479.795.71$12,308
Sep 202103,14269.865.35$16,813
Aug 202103,69266.024.22$15,582
Jul 202102470.783.98$96
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 202101460.362.76$39
Mar 2021011961.302.72$323
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 202002234.901.69$37
May 202001,82916.921.81$3,319
Apr 202001,40514.751.80$2,535
Mar 202001,92930.341.86$3,581
Feb 202002,03449.881.98$4,029
Jan 202002,20757.252.09$4,623
Dec 20191802,10359.012.30$15,468
Nov 201901,92655.302.75$5,298
Oct 201902,57953.472.42$6,237
Sep 201931,62955.052.66$4,494
Aug 201901,05853.112.30$2,438
Jul 201902,57856.272.46$6,342
Jun 2019070452.782.49$1,754
May 2019026758.482.74$732
Apr 201901,52262.632.75$4,187
Mar 201902,03956.803.06$6,244
Feb 201901,26750.852.79$3,538
Jan 201902,03546.033.23$6,569
Dec 2018044046.594.19$1,842
Nov 2018033652.934.24$1,424
Oct 201802,15861.443.40$7,333
Sep 201801,90959.543.11$5,933
Aug 201863,12859.403.07$9,949
Jul 201803,35765.142.93$9,842
Jun 201823,78260.183.08$11,757
May 201803,45765.382.90$10,028
Apr 201802,24863.842.90$6,521
Mar 201821,80161.222.79$5,142
Feb 201801,19761.782.77$3,311
Jan 201801,87862.874.01$7,530
Dec 2017712,67957.272.92$11,893
Nov 201702,01355.423.12$6,277
Oct 201703,58949.292.98$10,708
Sep 201703,73947.523.09$11,543
Aug 201703,47945.373.00$10,452
Jul 201703,76043.873.09$11,608
Jun 201703,60242.493.09$11,120
May 201703,82545.373.26$12,483
Apr 201703,02847.933.21$9,725
Mar 201743,03946.772.98$9,254
Feb 201713,19650.452.95$9,487
Jan 201733,16349.413.42$10,962
Dec 201613,75248.763.72$14,017
Nov 201632,56742.492.64$6,916
Oct 201603,16746.193.09$9,787
Sep 201602,78641.553.10$8,638
Aug 201603,25741.442.92$9,525
Jul 2016622,67241.622.92$10,394
Jun 201602,38745.352.69$6,411
May 201603,69542.521.99$7,357
Apr 201602,91936.561.99$5,812
Mar 201603,12933.011.79$5,613
Feb 201603,24826.472.06$6,703
Jan 201613,39527.352.36$8,054
Dec 201533,78732.362.00$7,676
Nov 201523,51138.792.17$7,687
Oct 201503,52543.552.43$8,554
Sep 201523,59442.992.76$10,000
Aug 201503,70740.162.87$10,648
Jul 2015833,12148.152.95$13,188
Jun 201512,24856.152.88$6,537
May 201512,35055.212.96$7,001
Apr 201563,75249.822.71$10,454
Mar 201533,86142.892.93$11,460
Feb 201503,19944.662.98$9,521
Jan 201503,37743.433.10$10,471
Dec 201403,17454.693.59$11,399
Nov 201402,84170.464.25$12,079
Oct 201403,33378.303.90$13,002
Sep 201403,85686.164.05$15,599
Aug 201402,97289.394.04$11,992
Jul 2014883,86596.564.18$24,651
Jun 201403,81098.164.74$18,048
May 201403,90294.734.73$18,443
Apr 201403,72395.944.81$17,904
Mar 201402,19795.895.06$11,110
Feb 201403,31897.406.19$20,545
Jan 201403,96590.404.86$19,273
Dec 201301,23191.824.35$5,360
Nov 201303,62488.853.74$13,548
Oct 201302,81597.423.78$10,639
Sep 201303,600104.113.72$13,384
Aug 20131113,899104.253.52$25,306
Jul 201304,337102.523.72$16,124
Jun 201304,29694.403.93$16,898
May 201304,09894.834.15$17,003
Apr 201304,19793.964.28$17,974
Mar 201304,25093.623.91$16,630
Feb 201303,81291.233.42$13,037
Jan 201304,31891.603.42$14,767
Dec 20121553,95486.773.42$26,973
Nov 201204,25786.953.62$15,431
Oct 201204,36189.383.40$14,826
Sep 201204,54994.672.92$13,276
Aug 201205,26692.662.91$15,314
Jul 201204,99985.133.02$15,101
Jun 2012034779.822.52$874
May 201205,24591.612.49$13,051
Apr 201205,213101.652.00$10,409
Mar 20121775,981105.052.22$31,884
Feb 201205,151101.102.57$13,239
Jan 201205,11498.092.73$13,982
Dec 201106,09896.873.24$19,756
Nov 201106,27995.723.31$20,792
Oct 201106,17784.983.65$22,537
Sep 201105,69883.623.99$22,711
Aug 201106,08483.404.15$25,244
Jul 20111696,99794.144.52$47,517
Jun 201106,67092.904.64$30,948
May 201107,18598.134.40$31,649
Apr 201107,088105.964.33$30,714
Mar 201108,14696.364.06$33,051
Feb 201163,96585.644.18$17,087
Jan 20111597,56786.504.59$48,477
Dec 201006,37685.734.35$27,721
Nov 201006,21580.843.80$23,588
Oct 20101758,00378.103.51$41,749
Sep 201007,56672.633.98$30,109
Aug 201008,39973.684.42$37,118
Jul 20101617,65372.554.74$47,929
Jun 201015310,10970.364.91$60,404
May 20101737,86071.124.24$45,593
Apr 2010014,62981.694.12$60,311
Mar 201005478.394.39$237
Feb 20100073.585.44$0
Jan 20100074.365.96$0
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

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            47 bbl  × $ 73.02 =     $3,432
Gas                    0 Mcf  × $  3.30 =         $0

────────────────────────────────────────────────────
Month total                                   $3,432

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/250677 is the state's own key, not one this site invented.