BROWNLEE UNIT

Operated by PRIMEXX OPERATING CORPORATION (P-5 677852) 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 254165District 09Field 65280200GasSaveExport
Value, all time
$1.5 M
Jan 2008 – Mar 2011
Value, last 12 filed months
$139 k
at the published price for each month
Months reported
39
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
GasProduction306,648 Mcf$1,500,935
Total$1,500,935

Every month this lease reported (39)

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

39 months

Mar 2011096.364.06$0
Feb 2011085.644.18$0
Jan 2011286.504.59$9
Dec 20101,55385.734.35$6,752
Nov 20107,22380.843.80$27,414
Oct 20105,79678.103.51$20,338
Sep 20104,25872.633.98$16,945
Aug 20104,90073.684.42$21,655
Jul 20104,11372.554.74$19,481
Jun 20103,17970.364.91$15,610
May 20101,80171.124.24$7,628
Apr 201072681.694.12$2,993
Mar 20102,04578.394.39$8,975
Feb 20102,69973.585.44$14,689
Jan 20104,99674.365.96$29,797
Dec 20095,37971.445.48$29,497
Nov 20096,05274.593.75$22,704
Oct 20095,75072.544.11$23,634
Sep 20095,94565.543.06$18,220
Aug 20096,73767.423.22$21,683
Jul 200910,31561.133.46$35,736
Jun 200918,69366.163.90$72,809
May 200922,80554.743.93$89,527
Apr 200923,27346.773.59$83,492
Mar 200928,12742.144.06$114,167
Feb 200929,74232.814.63$137,795
Jan 200934,14335.865.37$183,382
Dec 200821,42237.105.98$128,042
Nov 200813,74855.496.86$94,316
Oct 200815,41675.246.92$106,709
Sep 20080101.767.88$0
Aug 20080114.228.48$0
Jul 20080131.0811.39$0
Jun 20080131.3313.03$0
May 20080123.1711.57$0
Apr 20080110.3110.45$0
Mar 20089,260101.909.66$89,489
Feb 20086,55092.538.77$57,447
Jan 2008090.388.21$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 2011 — as filed, then multipliedworked
Gas                    2 Mcf  × $  4.59 =         $9

────────────────────────────────────────────────────
Month total                                       $9

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/254165 is the state's own key, not one this site invented.