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 251933District 09Field 65280200CondensateGasSaveExport
Value, all time
$1.5 M
Dec 2007 – Apr 2024
Value, last 12 filed months
$146
at the published price for each month
Months reported
197
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
CondensateDisposition2,453 bbl$142,335
GasProduction346,776 Mcf$1,312,581
Total$1,454,916

Every month this lease reported (197)

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

197 months

Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20242073.023.30$146
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 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20233076.533.39$230
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 2020621044.642.68$2,794
Nov 20200038.772.71$0
Oct 202001336.972.48$32
Sep 20200337.091.99$6
Aug 20200039.982.39$0
Jul 20200238.371.83$4
Jun 20200034.901.69$0
May 202005916.921.81$107
Apr 202062414.751.80$922
Mar 20200030.341.86$0
Feb 2020027649.881.98$547
Jan 2020031257.252.09$654
Dec 2019093959.012.30$2,164
Nov 2019021655.302.75$594
Oct 2019034253.472.42$827
Sep 2019286855.052.66$2,417
Aug 2019050653.112.30$1,166
Jul 2019036356.272.46$893
Jun 20196222952.782.49$3,843
May 201901,65258.482.74$4,527
Apr 2019030662.632.75$842
Mar 2019026956.803.06$824
Feb 201902,51650.852.79$7,025
Jan 2019611,12746.033.23$6,446
Dec 201803,52646.594.19$14,758
Nov 2018029852.934.24$1,263
Oct 201802,63061.443.40$8,937
Sep 201803,35859.543.11$10,437
Aug 201852,73059.403.07$8,669
Jul 201803,41365.142.93$10,007
Jun 201813,87760.183.08$11,989
May 2018203,75565.382.90$12,200
Apr 201802,64763.842.90$7,678
Mar 201821,94361.222.79$5,537
Feb 201801,82861.782.77$5,056
Jan 201802,70962.874.01$10,861
Dec 2017381,66957.272.92$7,052
Nov 201703,86755.423.12$12,059
Oct 201703,15849.292.98$9,422
Sep 201703,57047.523.09$11,022
Aug 201703,00745.373.00$9,034
Jul 2017433,98043.873.09$14,174
Jun 201703,66742.493.09$11,321
May 201704,09345.373.26$13,357
Apr 201703,01947.933.21$9,696
Mar 201742,70146.772.98$8,246
Feb 201712,93050.452.95$8,702
Jan 201713,53049.413.42$12,118
Dec 201613,79748.763.72$14,184
Nov 2016352,87342.492.64$9,084
Oct 201602,84146.193.09$8,779
Sep 201601,99541.553.10$6,186
Aug 201601,52341.442.92$4,454
Jul 2016421,50741.622.92$6,155
Jun 2016088145.352.69$2,366
May 201602,40642.521.99$4,790
Apr 201601,46236.561.99$2,911
Mar 20162970633.011.79$2,224
Feb 201601,49026.472.06$3,075
Jan 201622,27727.352.36$5,438
Dec 201521,96132.362.00$3,989
Nov 201512,23938.792.17$4,891
Oct 201502,56743.552.43$6,229
Sep 2015403,13442.992.76$10,364
Aug 201502,52240.162.87$7,244
Jul 2015332,04748.152.95$7,618
Jun 201511,74356.152.88$5,081
May 201512,06555.212.96$6,158
Apr 2015652,14349.822.71$9,038
Mar 201592,52042.892.93$7,781
Feb 201501,76744.662.98$5,259
Jan 2015096543.433.10$2,992
Dec 2014401,64454.693.59$8,092
Nov 201401,48770.464.25$6,322
Oct 201402,32778.303.90$9,078
Sep 201402,49986.164.05$10,110
Aug 201402,00689.394.04$8,094
Jul 2014472,41596.564.18$14,632
Jun 201402,27498.164.74$10,772
May 201402,02294.734.73$9,557
Apr 201402,32195.944.81$11,162
Mar 201402,82695.895.06$14,291
Feb 2014542,56297.406.19$21,124
Jan 201403,02990.404.86$14,723
Dec 201302,14991.824.35$9,358
Nov 201302,10788.853.74$7,877
Oct 201302,41997.423.78$9,142
Sep 201302,543104.113.72$9,454
Aug 2013872,921104.253.52$19,359
Jul 201302,539102.523.72$9,439
Jun 201302,33994.403.93$9,200
May 201302,76394.834.15$11,464
Apr 201303,12393.964.28$13,375
Mar 201303,14193.623.91$12,290
Feb 201303,40591.233.42$11,645
Jan 201303,76391.603.42$12,869
Dec 201203,67986.773.42$12,583
Nov 201203,89786.953.62$14,126
Oct 201204,23089.383.40$14,381
Sep 201203,14194.672.92$9,167
Aug 201203,76992.662.91$10,961
Jul 201203,94185.133.02$11,905
Jun 201217639179.822.52$15,033
May 201203,93691.612.49$9,794
Apr 201203,584101.652.00$7,157
Mar 201202,887105.052.22$6,415
Feb 201203,641101.102.57$9,358
Jan 201203,46998.092.73$9,485
Dec 201103,21596.873.24$10,416
Nov 201103,13595.723.31$10,381
Oct 201103,22584.983.65$11,767
Sep 201103,15783.623.99$12,583
Aug 201103,96483.404.15$16,448
Jul 201104,68094.144.52$21,141
Jun 20111574,18792.904.64$34,012
May 201104,40098.134.40$19,381
Apr 201103,369105.964.33$14,599
Mar 201103,83196.364.06$15,544
Feb 201152,91185.644.18$12,596
Jan 201126,20986.504.59$28,665
Dec 201006,48585.734.35$28,195
Nov 201086,94480.843.80$27,001
Oct 20101627,89478.103.51$40,351
Sep 201007,79672.633.98$31,024
Aug 201005,91873.684.42$26,154
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 200918419374.593.75$14,449
Oct 20090272.544.11$8
Sep 20090065.543.06$0
Aug 20090667.423.22$19
Jul 20090861.133.46$28
Jun 2009010266.163.90$397
May 20090054.743.93$0
Apr 20090246.773.59$7
Mar 2009164642.144.06$6,935
Feb 200902,58232.814.63$11,962
Jan 20093734,86435.865.37$39,500
Dec 200817910,76037.105.98$70,955
Nov 200818530655.496.86$12,365
Oct 20080075.246.92$0
Sep 200803,574101.767.88$28,153
Aug 2008010,514114.228.48$89,190
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$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             2 bbl  × $ 73.02 =       $146
Gas                    0 Mcf  × $  3.30 =         $0

────────────────────────────────────────────────────
Month total                                     $146

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/251933 is the state's own key, not one this site invented.