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 250914District 09Field 65280200CondensateGasSaveExport
Value, all time
$2.2 M
Aug 2008 – Apr 2024
Value, last 12 filed months
$41 k
at the published price for each month
Months reported
189
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
CondensateDisposition2,468 bbl$148,589
GasProduction516,807 Mcf$2,022,984
Total$2,171,573

Every month this lease reported (189)

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

189 months

Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 202401,21176.091.78$2,160
Jan 20241001,28073.023.30$11,523
Dec 202301,34171.262.61$3,501
Nov 202301,17777.892.81$3,305
Oct 202301,20685.443.09$3,723
Sep 202301,17289.042.74$3,205
Aug 202301,12480.522.67$3,004
Jul 202301,15074.852.64$3,038
Jun 202302,17768.962.26$4,917
May 202301,13170.622.23$2,519
Apr 202301,03378.122.24$2,312
Mar 202301,10572.852.39$2,644
Feb 202301,00775.112.47$2,483
Jan 20231861,17776.533.39$18,222
Dec 202201,06976.415.73$6,124
Nov 2022093885.005.65$5,296
Oct 202201,12587.185.86$6,597
Sep 2022337584.888.16$3,316
Aug 2022043494.529.13$3,961
Jul 202201,009101.587.54$7,610
Jun 202202,568115.097.98$20,485
May 202203,545109.378.43$29,895
Apr 202201,953104.226.84$13,354
Mar 202203,132108.885.08$15,899
Feb 202202,09291.054.86$10,165
Jan 202203,64681.844.54$16,544
Dec 202103,59471.323.90$14,013
Nov 202103,56777.435.24$18,680
Oct 202102,82479.795.71$16,136
Sep 202103,51969.865.35$18,830
Aug 202102,86366.024.22$12,084
Jul 202102,23370.783.98$8,892
Jun 202103,24069.493.38$10,953
May 202103,30563.483.02$9,973
Apr 202133,27560.362.76$9,215
Mar 202103,53961.302.72$9,615
Feb 202101,85957.805.55$10,314
Jan 202102,52350.412.81$7,090
Dec 20201803,11144.642.68$16,359
Nov 202003,62038.772.71$9,798
Oct 202004,13736.972.48$10,253
Sep 202003,39237.091.99$6,754
Aug 202003,30139.982.39$7,873
Jul 202001,78438.371.83$3,256
Jun 202001,78234.901.69$3,012
May 202002,12616.921.81$3,858
Apr 20201842,12914.751.80$6,556
Mar 202002,08330.341.86$3,867
Feb 202001,95049.881.98$3,862
Jan 202001,91957.252.09$4,020
Dec 201901,65659.012.30$3,816
Nov 201902,39655.302.75$6,591
Oct 201901,68553.472.42$4,075
Sep 201912,19355.052.66$5,882
Aug 201902,67753.112.30$6,169
Jul 201902,79556.272.46$6,876
Jun 201901,56552.782.49$3,899
May 201902,67758.482.74$7,336
Apr 20191764,08162.632.75$22,248
Mar 2019034156.803.06$1,044
Feb 2019032750.852.79$913
Jan 2019029446.033.23$949
Dec 201801,05646.594.19$4,420
Nov 201801,22152.934.24$5,174
Oct 201802,73461.443.40$9,290
Sep 2018038459.543.11$1,193
Aug 201881,44559.403.07$4,906
Jul 201801,50465.142.93$4,410
Jun 201811,76060.183.08$5,476
May 20181221,63065.382.90$12,705
Apr 201801,03663.842.90$3,005
Mar 201811,23261.222.79$3,495
Feb 2018089261.782.77$2,467
Jan 2018094062.874.01$3,769
Dec 201701,55257.272.92$4,534
Nov 201701,28855.423.12$4,016
Oct 201701,52249.292.98$4,541
Sep 201701,45947.523.09$4,504
Aug 201701,32445.373.00$3,978
Jul 2017531,51243.873.09$6,993
Jun 201701,71942.493.09$5,307
May 201701,69745.373.26$5,538
Apr 201701,71747.933.21$5,514
Mar 201721,48246.772.98$4,515
Feb 201701,24050.452.95$3,661
Jan 201711,69849.413.42$5,855
Dec 201611,76448.763.72$6,616
Nov 2016821,47342.492.64$7,379
Oct 201602,21946.193.09$6,857
Sep 201602,71941.553.10$8,431
Aug 201603,00241.442.92$8,779
Jul 201602,39241.622.92$6,995
Jun 201601,98045.352.69$5,318
May 201603,39042.521.99$6,750
Apr 201601,96536.561.99$3,912
Mar 2016992,56333.011.79$7,866
Feb 201602,81426.472.06$5,807
Jan 201603,18527.352.36$7,530
Dec 201512,58732.362.00$5,210
Nov 201512,72938.792.17$5,953
Oct 201501,54743.552.43$3,754
Sep 2015592,89242.992.76$10,514
Aug 201503,25640.162.87$9,353
Jul 201503,16748.152.95$9,327
Jun 201502,24456.152.88$6,469
May 201501,60855.212.96$4,752
Apr 201532,24449.822.71$6,223
Mar 201512,17142.892.93$6,414
Feb 201501,41144.662.98$4,199
Jan 201502,74843.433.10$8,521
Dec 2014632,34054.693.59$11,849
Nov 201401,95370.464.25$8,304
Oct 201402,23378.303.90$8,711
Sep 201402,21886.164.05$8,973
Aug 201401,83489.394.04$7,400
Jul 2014911,96796.564.18$17,008
Jun 201401,64998.164.74$7,811
May 201402,60794.734.73$12,322
Apr 201401,64595.944.81$7,911
Mar 201402,95895.895.06$14,958
Feb 201401,21097.406.19$7,492
Jan 201402,77090.404.86$13,464
Dec 201302,09391.824.35$9,114
Nov 201302,42288.853.74$9,054
Oct 20131533,01897.423.78$26,311
Sep 201302,517104.113.72$9,358
Aug 201302,411104.253.52$8,493
Jul 201303,082102.523.72$11,458
Jun 201301,46994.403.93$5,778
May 201302,45994.834.15$10,203
Apr 201302,78293.964.28$11,914
Mar 201302,74393.623.91$10,733
Feb 201302,13291.233.42$7,291
Jan 201302,40991.603.42$8,239
Dec 201203,13286.773.42$10,712
Nov 201203,24386.953.62$11,756
Oct 201203,55889.383.40$12,096
Sep 201203,65394.672.92$10,661
Aug 201203,69792.662.91$10,751
Jul 201203,68285.133.02$11,123
Jun 2012028779.822.52$723
May 201203,49391.612.49$8,692
Apr 201203,633101.652.00$7,254
Mar 201203,502105.052.22$7,782
Feb 201203,546101.102.57$9,114
Jan 20121294,24198.092.73$24,249
Dec 201103,60296.873.24$11,670
Nov 201104,23495.723.31$14,020
Oct 201103,10784.983.65$11,336
Sep 201103,59683.623.99$14,333
Aug 201104,05783.404.15$16,834
Jul 201104,71294.144.52$21,285
Jun 201102,93092.904.64$13,595
May 201103,11398.134.40$13,712
Apr 201104,654105.964.33$20,167
Mar 201105,25196.364.06$21,305
Feb 201133,45785.644.18$14,707
Jan 201113,42786.504.59$15,812
Dec 201003,13985.734.35$13,648
Nov 201022,92480.843.80$11,259
Oct 201023,77378.103.51$13,395
Sep 201003,95372.633.98$15,731
Aug 201004,00273.684.42$17,686
Jul 201004,91072.554.74$23,256
Jun 201004,36670.364.91$21,439
May 20101634,87871.124.24$32,252
Apr 201004,39781.694.12$18,127
Mar 201003,67078.394.39$16,106
Feb 201005,31973.585.44$28,948
Jan 201003,74974.365.96$22,359
Dec 200904,39471.445.48$24,096
Nov 20091064,85674.593.75$26,124
Oct 200905,33072.544.11$21,908
Sep 200904,15065.543.06$12,719
Aug 200905,12367.423.22$16,488
Jul 20091385,70361.133.46$28,194
Jun 200905,86566.163.90$22,844
May 200906,52654.743.93$25,619
Apr 200906,13046.773.59$21,991
Mar 200905,08342.144.06$20,632
Feb 20091595,71132.814.63$31,676
Jan 200909,63535.865.37$51,750
Dec 200806,97437.105.98$41,685
Nov 20081905,96055.496.86$51,431
Oct 200806,01475.246.92$41,629
Sep 200806,762101.767.88$53,265
Aug 2008011,130114.228.48$94,416

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.

Feb 2024 — as filed, then multipliedworked
Condensate             0 bbl  × $ 76.09 =         $0
Gas                1,211 Mcf  × $  1.78 =     $2,160

────────────────────────────────────────────────────
Month total                                   $2,160

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/250914 is the state's own key, not one this site invented.