CRAWFORD
Operated by TARPON OIL & GAS CO. (P-5 836178) 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.
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.
| Stream | Basis | Volume | Value |
|---|---|---|---|
| Gas | Production | 159,263 Mcf | $1,143,300 |
| Total | $1,143,300 | ||
Every month this lease reported (61)
Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.
61 months
| Aug 2012 | 2,019 | 92.66 | 2.91 | $5,872 |
| Jul 2012 | 2,169 | 85.13 | 3.02 | $6,552 |
| Jun 2012 | 2,154 | 79.82 | 2.52 | $5,426 |
| May 2012 | 2,514 | 91.61 | 2.49 | $6,256 |
| Apr 2012 | 2,420 | 101.65 | 2.00 | $4,832 |
| Mar 2012 | 199 | 105.05 | 2.22 | $442 |
| Feb 2012 | 0 | 101.10 | 2.57 | $0 |
| Jan 2012 | 0 | 98.09 | 2.73 | $0 |
| Dec 2011 | 0 | 96.87 | 3.24 | $0 |
| Nov 2011 | 0 | 95.72 | 3.31 | $0 |
| Oct 2011 | 0 | 84.98 | 3.65 | $0 |
| Sep 2011 | 0 | 83.62 | 3.99 | $0 |
| Aug 2011 | 0 | 83.40 | 4.15 | $0 |
| Jul 2011 | 0 | 94.14 | 4.52 | $0 |
| Jun 2011 | 0 | 92.90 | 4.64 | $0 |
| May 2011 | 0 | 98.13 | 4.40 | $0 |
| Apr 2011 | 0 | 105.96 | 4.33 | $0 |
| Mar 2011 | 0 | 96.36 | 4.06 | $0 |
| Feb 2011 | 0 | 85.64 | 4.18 | $0 |
| Jan 2011 | 0 | 86.50 | 4.59 | $0 |
| Dec 2010 | 0 | 85.73 | 4.35 | $0 |
| Nov 2010 | 0 | 80.84 | 3.80 | $0 |
| Oct 2010 | 0 | 78.10 | 3.51 | $0 |
| Sep 2010 | 0 | 72.63 | 3.98 | $0 |
| Aug 2010 | 0 | 73.68 | 4.42 | $0 |
| Jul 2010 | 0 | 72.55 | 4.74 | $0 |
| Jun 2010 | 0 | 70.36 | 4.91 | $0 |
| May 2010 | 0 | 71.12 | 4.24 | $0 |
| Apr 2010 | 0 | 81.69 | 4.12 | $0 |
| Mar 2010 | 0 | 78.39 | 4.39 | $0 |
| Feb 2010 | 0 | 73.58 | 5.44 | $0 |
| Jan 2010 | 0 | 74.36 | 5.96 | $0 |
| Dec 2009 | 0 | 71.44 | 5.48 | $0 |
| Nov 2009 | 0 | 74.59 | 3.75 | $0 |
| Oct 2009 | 0 | 72.54 | 4.11 | $0 |
| Sep 2009 | 0 | 65.54 | 3.06 | $0 |
| Aug 2009 | 0 | 67.42 | 3.22 | $0 |
| Jul 2009 | 0 | 61.13 | 3.46 | $0 |
| Jun 2009 | 0 | 66.16 | 3.90 | $0 |
| May 2009 | 0 | 54.74 | 3.93 | $0 |
| Apr 2009 | 0 | 46.77 | 3.59 | $0 |
| Mar 2009 | 1,541 | 42.14 | 4.06 | $6,255 |
| Feb 2009 | 14,619 | 32.81 | 4.63 | $67,730 |
| Jan 2009 | 10,208 | 35.86 | 5.37 | $54,827 |
| Dec 2008 | 11,745 | 37.10 | 5.98 | $70,202 |
| Nov 2008 | 18,197 | 55.49 | 6.86 | $124,838 |
| Oct 2008 | 17,855 | 75.24 | 6.92 | $123,592 |
| Sep 2008 | 7,956 | 101.76 | 7.88 | $62,670 |
| Aug 2008 | 27,275 | 114.22 | 8.48 | $231,374 |
| Jul 2008 | 18,654 | 131.08 | 11.39 | $212,458 |
| Jun 2008 | 43 | 131.33 | 13.03 | $560 |
| May 2008 | 0 | 123.17 | 11.57 | $0 |
| Apr 2008 | 0 | 110.31 | 10.45 | $0 |
| Mar 2008 | 0 | 101.90 | 9.66 | $0 |
| Feb 2008 | 1,117 | 92.53 | 8.77 | $9,797 |
| Jan 2008 | 17,070 | 90.38 | 8.21 | $140,072 |
| Dec 2007 | 0 | 88.33 | 7.30 | $0 |
| Nov 2007 | 0 | 91.67 | 7.29 | $0 |
| Oct 2007 | 0 | 82.85 | 6.92 | $0 |
| Sep 2007 | 609 | 75.84 | 6.24 | $3,803 |
| Aug 2007 | 899 | 69.06 | 6.39 | $5,743 |
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.
Gas 2,019 Mcf × $ 2.91 = $5,872 ──────────────────────────────────────────────────── Month total $5,872
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/251542 is the state's own key, not one this site invented.